Fort Walton Beach Council agenda — 02-14-12 cra — reading text

City' s Land Development Code. Submittal Requirements Program applicants must submit the following documents and materials: Repair estimates from three licensed contractors in writing. Completed development assistance program application. (Owner Initiated) Exclusions and Conditions All improvements must conform to the City' s Land Development Code and be consistent with the goals and objectives of the CRA Plan. The City reserves the right to amend the program guidelines and application process from time to time as needed Process For Owner Initiated Requests 1. Submit the Development assistance program application and required documents. 2. The application will be reviewed within 20 days. 3. Agreement executed. 4. Work completed and inspected by City Staff. 5. Funds released to Property Owner or Contractor in accordance with the executed agreement. 6. Liens placed on the property in accordance with the executed agreement. Program funds will be paid to the applicant once all improvements are completed and paid invoices have been submitted or directly to the contractor in accordance with the provisions found in the executed agreement.  1 7. 2. c 1 Process For City Initiated Requests 1. Properties are noticed and found in violation. 2. Projects are reviewed for eligibility. 3. Property owner is noticed in accordance with the Nuisance Abatement Notice requirements in the City of Fort Walton Beach Code of Ordinances. 4. Estimates are procured and a contractor is selected. 5. Work is completed and inspected by City Staff. 6. Liens are placed on the property for expenses incurred in the nuisance abatement process. Pg. Purpose & Overview The City of Fort Walton Beach Development Assistance Program is an incentive program available for new and expanding businesses located within the Community Redevelopment Area CRA). The purpose of the program is to work with developers and business owners to overcome the financial obstacles that often accompany a development or redevelopment project. Through partnering with private investors, the program creates an environment within the CRA that cultivates growth and activity. Program Description The Development Assistance Program offers businesses development fee assistance to encourage the revitalization of the CRA. Up to $ 10,000 of the development fees will be paid by the program and the remaining fees will be paid by the business owner. Three categories that are eligible for development fee assistance include: new businesses, expansion of existing businesses, and the change of use in existing buildings. Development fees that are eligible through this program include Building Permit Fees, Water and Sewer Connection Fees, and Water and Sewer Impact Fees. CRA funds will be used to subsidize the portion of the development fees covered by this program. Eligibility Properties must be located within the boundaries of the Community Redevelopment Area. Eligible projects may include multi- family affordable housing, general commercial, retail, light manufacturing/industrial, and service industries. Applications will be evaluated to ensure consistency with the goals and objectives of the CRA Plan and conformance with the City' s Land Development Code. Submittal Requirements Program applicants must submit the following documents and materials: Applicant obtains a development fee estimate in writing upon submittal of site plans for a development order. Development Assistance Program application shall be submitted and Staff review shall be complete upon recommendation for or against the development order. Exclusions and Conditions Program funds will not be awarded if subject property has any outstanding or pending code violations or liens unless such liens are satisfied and the violations will be abated as a result of the development. Violations and the actions taken to correct them must be identified in the project description or Assistance Program application. All improvements must conform to the city' s Land Development Code and be consistent with the goals and objectives of the CRA Plan. The City reserves the right to amend the program guidelines and application process from time to time as needed Process 1. Submit the Development Assistance Program application and required documents. 2. The application will be reviewed within 20 days. 3. Agreement executed. Program funds will be credited towards the Development Fees upon approval of a Building Permit application.  7. 3 Community Redevelopment Agency 0 To: ENGINEERING & UTILITY SERVICES MEMORANDUM Robert T. Meams, City Manager From: Michael Beedie, Engineering & Utility Services Director Date: February 14, 2012 Subject: Request for a March CRA Board Meeting 1. BACKGROUND: I. I. At the February 14, 2012, CRA Board of Commissioners meeting, Staff will present information on available Economic Incentive Programs and provide a final draft of the 2012 CRA Plan Update. 2. DISCUSSION: 2. 1. In order to continue the progress of the development and implementation of Economic Incentive Programs and to revise the 2012 CRA Plan Update based on feedback from the public and CRA Commissioners, Staff would like to request the next meeting of the CRA Board of Commissioners on Tuesday, March 13, 2012, at 5: 00 P. M. in the City Council Chambers. 3. FINANCIAL INFORMATION: 3. 1. There is no financial impact from this agenda item. 4. RECOMMENDATION: 4. 1. Staff requests approval from the CRA Board of Commissioners to conduct the CRA Board' s next regular meeting on Tuesday, March 13, 2012, at 5: 00 P. M. in the City Council Chambers. SIGNATURE BLOCK: Michael Beedie Completed 02/ 03/ 2012 5: 49 PM Carole Jones Completed 02/ 06/2012 3: 06 PM Completed 02/ 08/ 2012 12: 15 PM City Manager Community Redevelopment Agency Pending Packet Pg. 72