Orange County CRA and Orange Blossom Trail Development Board May 8, 2007

Presentation Outline BackgroundBackground CRA/OBTDB AgreementCRA/OBTDB Agreement OBT Development BoardOBT Development Board Walgreens ProposalWalgreens Proposal Requested ActionRequested Action

Presentation Outline BackgroundBackground CRA/OBTDB AgreementCRA/OBTDB Agreement OBT Development BoardOBT Development Board Walgreens ProposalWalgreens Proposal Requested ActionRequested Action

Background Orange County CRA created in 1990Orange County CRA created in 1990 Commonly called “Orange Blossom Trail CRA”Commonly called “Orange Blossom Trail CRA” Recommendation of OBT Development BoardRecommendation of OBT Development Board –Finding of Slum and/or Blight

Background Redevelopment Plan AdoptedRedevelopment Plan Adopted CRA Trust Fund CreatedCRA Trust Fund Created BCC Declared CRA Governing BoardBCC Declared CRA Governing Board

Background CRA Boundaries: Orange Blossom Trail CorridorOrange Blossom Trail Corridor –Colonial Drive –Interstate 4 –Rio Grande Ave –Westmoreland Ave

Background CRA contracted with OBT Development BoardCRA contracted with OBT Development Board –1991 Agreement –Implements Redevelopment Programs –Consistent with Redevelopment Plan

Presentation Outline BackgroundBackground CRA/OBTDB AgreementCRA/OBTDB Agreement OBT Development BoardOBT Development Board Walgreens ProposalWalgreens Proposal Requested ActionRequested Action

CRA/OBTDB Agreement Replaces 1991 AgreementReplaces 1991 Agreement Reaffirms Role of OBTDBReaffirms Role of OBTDB Enhances CoordinationEnhances Coordination Provides for Consistency with County Processes and ProceduresProvides for Consistency with County Processes and Procedures Strengthens Role of BCCStrengthens Role of BCC acting as the CRA

Presentation Outline BackgroundBackground CRA/OBTDB AgreementCRA/OBTDB Agreement OBT Development BoardOBT Development Board Walgreens ProposalWalgreens Proposal Requested ActionRequested Action

OBT Development Board May 8, 2007 Then Now

Creation Created OBTDB in 1984 by Inter-local Agreement 501 C-3 Non-Profit Corporation Mission: Plan & implement improvements to OBT Original Funding Provision: 2/3 Funding from County 1/3 Funding from City CountyCity Member Board of Directors: Volunteers County: 6 Board Members City: 3 Board Members 2/3 Funding 1/3 Funding

Board of Directors Jason Rosenthal, President Allison Yurko, Vice-President Sybil Adkins Roy Bordes Laura Guitar Christie Hill Commissioner Tiffany Moore Jorg Rivera Ivette Sanchez

Foundation for Success The OBT Development Board asked Orange County to create these programs: municipal services taxing unit

OBTDB Programs municipal services taxing unit

OBT Program Boundaries municipal services taxing unit

Division of ForestryToolkit for Economic Dev.Juvenile Justice $169,000 ReNEW GrantsFL Highway BeautificationKeep Florida Beautiful $45,000$70,000$575,000 $50,000 Grants $125,000 $300,000

Fences & Mailboxes Projects

Entranceway Features

Workforce Housing

OBT Roadway Enhancement municipal services taxing unit BeforeAfter FDOT $50 Million County $8 m Prop Owners $6 m OTHERS $6 m OUC $8 m $78 Million Project

OBT Roadway Enhancement municipal services taxing unit Before After

OBT Roadway Maintenance municipal services taxing unit

Safe Neighborhood Program Misdemeanor $20 Felony $50 OBTDB drafted crime prevention legislation Became law in 1996 Makes CRIMINALS PAY

Kaley Square Park Habitat for Humanity

Incentives are needed to bring new commercial development to the area Economic Development

Proposed Development

OBT CRA Boundaries Colonial Drive I-4 Rio Grande Ave. Westmoreland Ave. In the heart of the CRA area Gore Street & OBT

$50,000 incentive to developer for Walgreen’s (Agree Realty Corp.)

Locate on a smaller site Design and build a non-prototypical building Fewer parking spaces than Walgreen’s normally provides

Eliminate slum and blight Provide neighborhood jobs Pharmacy will serve low income and minority neighborhoods Increase property values in CRA

Presentation Outline BackgroundBackground CRA/OBTDB AgreementCRA/OBTDB Agreement OBT Development BoardOBT Development Board Walgreens ProposalWalgreens Proposal Requested ActionRequested Action

Requested Action Approval of an agreement between the Orange County CRA and the OBT Development Board regarding redevelopment activities on behalf of the CRA.Approval of an agreement between the Orange County CRA and the OBT Development Board regarding redevelopment activities on behalf of the CRA.

Requested Action Authorization for a $50,000 incentive payment to Agree Realty Corporation or its designee for development of a Walgreens Pharmacy to be located at 900 S. Orange Blossom Trail subject to the terms of an incentive agreement to be brought back to the CRA in the future.Authorization for a $50,000 incentive payment to Agree Realty Corporation or its designee for development of a Walgreens Pharmacy to be located at 900 S. Orange Blossom Trail subject to the terms of an incentive agreement to be brought back to the CRA in the future.