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

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

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

4. 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

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

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

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

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

9. 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

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

11. OBT Development Board May 8, 2007 Then Now

12. 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 2 4 5 1 3 6 CountyCity 1 32 9 Member Board of Directors: Volunteers County: 6 Board Members City: 3 Board Members 2/3 Funding 1/3 Funding

13. 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

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

15. OBTDB Programs municipal services taxing unit

16. OBT Program Boundaries municipal services taxing unit

17. 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

18. Fences & Mailboxes Projects

19. Entranceway Features

20. Workforce Housing

21. 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

22. OBT Roadway Enhancement municipal services taxing unit Before After

23. OBT Roadway Maintenance municipal services taxing unit

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

25. Kaley Square Park Habitat for Humanity

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

28. Proposed Development

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

32. $50,000 incentive to developer for Walgreen’s (Agree Realty Corp.)

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

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

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

37. 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.

38. 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.