Fort Walton Beach Council agenda — 06-12-2012 regular — reading text

easement granted by the property owner to the City for purposes of streetscape improvements. Detailed cost estimate for improvements to the public right -of -way and /or proposed improvements to adjacent private property. Cost estimate shall include a breakdown of project costs to be paid by the applicant and the amount of the grant request. PackeQ1, Pg: 76 2  14. 1. c OWNER' S CONSENT AND DESIGNATION OF AGENCY I certify that I have examined the application and that all statements submitted are true and accurate to the best of my knowledge. I understand that the Streetscape Grant Program benefits are contingent upon CRA approval and funding availability and are not to be construed as an entitlement or right of a property owner or applicant. I further understand that I am responsible for providing permits and /or any construction documents required for any work. Further, I under stand this application; attachments and fees become part of the official records of the City of Fort Walton Beach, Florida, and are not returnable. Owner's Signature) day of The foregoing instrument was acknowledged before me this who is personally 20 by , as Identification and known to me or has produced who did take an oath. Signature of Notary Public) Printed Name of Notary Public) ( Commission # . My commission expires Notary' s Seal) Packet Pg. 79  14. 2 City ENGINEERING Council of Fort Walton Beach 0 To: & UTILITY SERVICES MEMORANDUM Michael D. Beedie, Acting City Manager From: Michael Beedie, Engineering & Utility Services Director Date: June 12, 2012 Subject: CRA Development Assistance Grant Program 1. BACKGROUND: I. I. On April 10, 2012, the CRA Board unanimously recommended approval of four prioritized economic incentive programs, including the CRA Development Assistance Program. 2. DISCUSSION: 21. The CRA Development Assistance Program offers funding to businesses or developments who wish to relocate to or expand in the City' s CRA District. Originally, the program was developed to offer $ 10, 000, but after evaluation of the average development fees that accompany applications ($ 3, 500- $ 14, 000), Staff revised the program guidelines to allow a request of up to $ 20, 000 to be approved per the City' s current Purchasing Policies for expenditures with larger projects being forwarded to City Council for review and approval. 2.2. The program funding covers development fees such as building permit & inspection fees, water & sewer impact fees, and water & sewer connection fees associated with the new or expanding business. 2. 3. Eligible projects include multi- family housing, commercial, light manufacturing/ industrial, technology, and service industries. 2. 4. Upon City Council approval of the program, Staff will advertise and solicit for applications, which will be reviewed for eligibility. Upon a determination that the project meets all of the criteria and approval by either Staff or City Council, the funds covering the development fees will be transferred from the CRA Economic Incentive Program account to the appropriate revenue account for the type of development fee on behalf of the applicant. 3. FINANCIAL INFORMATION: 3. 1. In the FY 2011 - 12 CRA budget, a total of $217, 936 is allocated towards Economic Incentive Programs. The funds will be awarded based on eligibility on a " first come, first serve basis" shared along with the other economic development incentive programs. 3. 2 There was also $ 500,000 in funding allocated to the Economic Incentive Programs in the FY 2010 -11 CRA budget. A budget amendment will be required to record the use of these funds as incurred. Paxket Pg. 80  14. 2 City ENGINEERING Council of Fort Walton Beach 0 To: & UTILITY SERVICES MEMORANDUM Michael D. Beedic, Acting City Manager From: Michael Beedie, Engineering & Utility Services Director Date: June 12, 2012 Subject: CRA Development Assistance Grant Program 4. RECOMMENDATION: 4. 1. Staff respectfully recommends City Council approval of the CRA Development Assistance Grant Program and authorization for Staff to begin advertising and accepting applications for the program. ATTACHMENTS: PDF) CRA Development Assistance Program Application ( PDF) CRA Development Assistance Program Guidelines ( CRA Development Assistance Program Flyer ( PDF) SIGNATURE BLOCK: Christopher Frassetti Completed 05/ 31/ 2012 3: 44 PM Stella Jones Completed 05/ 31/ 2012 3: 45 PM Tim Bolduc Completed 06/01/ 2012 5: 18 PM Michael Beedic Skipped 06/ 01/ 2012 2: 08 PM Carole Jones Completed 06/ 04/ 2012 8: 41 AM Grants Manager Completed 06/ 06/ 2012 12: 39 PM Finance Completed 06/ 06/ 2012 1: 36 PM City Manager Completed 06/06/ 20121: 51 PM City Council Pending PacketPg. Bt  14.2.. Engineering Services 105 Miracle Strip Pkwy. SW Department Fort Walton Beach, FL 32548 P:( 850) 833 -9697 F: ( 850) 833 -9926 Community Redevelopment Agency EA P0 a` APPLICATION FOR CRA DEVELOPMENT ASSISTANCE GRANT m FBusiness ac d Nm N a" can0E 0aKvU Nt+fm 0O Owner Owner nu Project Description: aNEmc0u` aNN C Briefly explain the E proposed project 0a improvements) m U0az Total Building Size C Sq. ft.): Estimated value of rEEu s work to be completed l8): Packet P¢: 87  44. 2.. Retail, Office, etc.): Place a check beside each that apply for your proposed project and complete the applicable GV _ Type of Use Quantity Single Family Residential (# of dwelling units) Multi -Family Residential (# of dwelling units) Transient Lodging (# of rooms) Office (Square footage) Restaurant (# of seats) Retail ( Square footage) Medical (# of exam rooms) Have you ever received a Grant or Loan through the No Yes CRA and /or the Ci of Fort W alton Beach? Are there any liens or existing code violations on the Yes No property? By signing below I acknowledge that I am applying to the Development Assistance Grant Program through the City of Fort Walton Beach Community Redevelopment Agency for the purpose of covering the costs of building permit fees, inspection fees, and water and sewer impact fees associated with my project. My project is located exclusively within the Community Redevelopment Area. I understand that the grant funding and benefits are contingent upon CRA approval and funding availability and are not to be construed as an entitlement or right of a property owner or applicant. I further understand that I am responsible for providing permits and /or any construction documents required for any work. I understand this application; attachments and fees become part of the official records of the City of Fort Walton Beach, Florida, and are not returnable. The information