Manatee County Utilities Department Manatee County Administrator’s Office Board of County...

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M a n a t e e C o u n t y U t i l i t i e s D e p a r t m e n t M a n a t e e C o u n t y A d m i n i s t r a t o r s O f f i c e Board of County Commission Worksession Expanded Alternative to Meet BCC Directives Dan Schlandt, Deputy County Administrator

Transcript of Manatee County Utilities Department Manatee County Administrator’s Office Board of County...

Page 1: Manatee County Utilities Department Manatee County Administrator’s Office Board of County Commission Worksession Expanded Alternative to Meet BCC Directives.

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Board of County CommissionWorksession

Expanded Alternative

to Meet BCC Directives

Dan Schlandt, Deputy County Administrator

Page 2: Manatee County Utilities Department Manatee County Administrator’s Office Board of County Commission Worksession Expanded Alternative to Meet BCC Directives.

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Expanded alternatives to meet BCC Directives

• BCC Directives:

1) Jobs, Jobs, Jobs NOW !!!

2) Redevelopment of the Urban Core

Page 3: Manatee County Utilities Department Manatee County Administrator’s Office Board of County Commission Worksession Expanded Alternative to Meet BCC Directives.

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Expanded Alternative to meet BCC Directives

• Creation of an Economic Development TIF• Creation of an Encouragement Zone Land

Use Designation• Expand the proposed area to include 15th

Street East Corridor• Integration with other actions to meet BCC

directives

Page 4: Manatee County Utilities Department Manatee County Administrator’s Office Board of County Commission Worksession Expanded Alternative to Meet BCC Directives.

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Page 5: Manatee County Utilities Department Manatee County Administrator’s Office Board of County Commission Worksession Expanded Alternative to Meet BCC Directives.

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Page 6: Manatee County Utilities Department Manatee County Administrator’s Office Board of County Commission Worksession Expanded Alternative to Meet BCC Directives.

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Page 7: Manatee County Utilities Department Manatee County Administrator’s Office Board of County Commission Worksession Expanded Alternative to Meet BCC Directives.

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Home Rule Economic Development

TIFs vs CRAs• CRA – Real Property, Issue revenue

bonds

• Home Rule Economic Development TIF – Greater discretion in collecting and using TIF revenues, ability to set boundaries.

Page 8: Manatee County Utilities Department Manatee County Administrator’s Office Board of County Commission Worksession Expanded Alternative to Meet BCC Directives.

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Summary Proposal• Create one all encompassing TIF for all the

non-residential areas.– Provide a single focus on job creation/

economic development for the entire area

– Increase chance that TIF can generate significant enough increment revenues to be able to make a substantial impact if opportunities occur.

– Allow economic development team to respond quickly to economic development opportunities

Page 9: Manatee County Utilities Department Manatee County Administrator’s Office Board of County Commission Worksession Expanded Alternative to Meet BCC Directives.

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Implications to Existing CRAs

• 14th Street W. CRA

• South County CRA