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Fort Walton Beach Ordinance — 2161--Amending FLUM for 931 Miracle Strip Pkwy SW to MX — reading text

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The Treasure ofthe Emerald Coast" 105 Miracle Strip Parkway SW * Fort Walton Beach, F132548 V r ( 850) 833- 9607 * Fax ( 850) 833- 9926 TDD (850) 833- 9925 Growth Management Department To: Mayor Rynearson and City Council Members From: Tim Gibson, Planning Supervisor Date: September 30, 2024 Subject: Ordinance 2161— Business Impact Statement In accordance with Section 125. 66 of the Florida Statute, the City is required to prepare ( or cause to be prepared) a business impact estimate prior to enacting an ordinance, subject to exemptions noted in the Law. Following are the categories required to be addressed for the proposed ordinance: 1. Summary of proposed Ordinance 2161 This ordinance is to assign a future land use to two (2) parcels annexed into the city of Fort Walton Beach. This is for Parcel ID Numbers 23 -2S -24- 221A-0000- 0830 and 23- 25- 24- 221A- 0000- 0810. The parcels are addressed as 931 E. Miracle Strip Parkway. The proposed Future Land Use is MU (Mixed -Use). This ordinance is contingent upon approval of Ordinance 2160. 2. Estimate of the direct economic impact of the proposed ordinance on private, for-profit businesses in the city a. Estimate of direct compliance costs that businesses may reasonably incur if the ordinance is enacted. The is no business impact involved with this ordinance. b. Identification of any new charge or fee on businesses subject to the proposed ordinance or for which businesses will be financially responsible. There will be no new fees or charges for any businesses as a result of this ordinance. c. An estimate of the City' s regulatory costs, including an estimate of revenues from any new charges or fees that will be imposed on businesses to cover such costs. There will be no regulatory costs associated with this ordinance. 3. A good faith estimate of the number of businesses likely to be impacted by the ordinance. No businesses will be impacted by the ordinance 4. Any additional information the board determines may be useful. None.

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