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HomeMy WebLinkAboutItem #11 Ordinance Creating a Comm. Redevelopment Agency (2nd Reading) center of Good L ' '\.\.....c It'~ AGENDA ITEM COVER SHEET Meeting Date: April 18, 2006 Item # 11 Contact Name: Contact Number: Jamie Croteau (407) 905 - 3117 Reviewed By: Department Director: City Manager: ~-- ce Creating a Community f Ocoee, Background Summary: On September 21, 2004 the City Council adopted a resolution finding a certain defined area of the City of Ocoee had conditions of "blight" as that term is defined in the Community Redevelopment Act. The next steps in the process of redeveloping that area in accordance with the Act are: (i) create a Community Redevelopment Agency; (ii) adopt a redevelopment plan; and (iii) create a redevelopment trust fund and provide for the deposit therein of increment revenues attributed to the redevelopment area. The Redevelopment Act states that in a county that has adopted a home rule charter all redevelopment powers are vested in the county. A municipality located within such a county may exercise redevelopment powers under the Act only if the governing body of the county has delegated those powers to the governing body of the city. 9163.400, Florida Statutes. Orange County had adopted a home rule charter. On March 21, 2006, the Orange County Board of County Commissioners unanimously approved the CRA Resolution, and an Interlocal Agreement with the City of Ocoee delegating authority for creating and managing a community redevelopment agency to the City. The attached ordinance officially creates the Community Redevelopment Agency (CRA). The first reading of this ordinance took place on April 4, 2006. The Agency will be governed by a board made up of the five City Commissioners and two appointed members. The City has agreed in the Interlocal Agreement to appoint one member to the CRA Board that the Orange County Board of County Commissioners nominates. A map showing the area of operation of the CRA is attached. Once the Ordinance is enacted the next steps will be to adopt a redevelopment plan and to create a redevelopment trust fund. Issue: Should the Honorable Mayor and City Commissioners enact an Ordinance Creating a Community Redevelopment Agency in the City of Ocoee, Florida? Recommendation: Staff recommends that the Mayor and City Commissioners adopt, on second reading, the Ordinance Creating A Community Redevelopment Agency in the City of Ocoee, Florida Attachments: Ordinance Creating a Community Redevelopment Agency in the City of Ocoee, Florida. Map showing the proposed redevelopment area. Financial Impact: Unknown Type of Item: (please mark with an "x') Public Hearing Ordinance First Reading _ Ordinance Second Reading Resolution X Commission Approval Discussion & Direction For Clerk's DeDt Use: Consent Agenda _ Public Hearing Regular Agenda Original DocumenUContract Attached for Execution by City Clerk _ Original DocumenUContract Held by Department for Execution Reviewed by City Attorney Reviewed by Finance Dept. Reviewed by ( ) N/A N/A N/A