South Daytona CRA history


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South Daytona CRA history

  1. 1. City of South Daytona <br />South Daytona CRA – US1 Commercial Corridor<br />South Daytona CRA Limits<br />
  2. 2. South Daytona CRA History<br />County Council Resolution 96-219 <br />Delegated Authority to South Daytona for CRA for 30 years (1996 – 2026)<br />Attachment to resolution noted that the Blight Study was underway<br />Blight Study<br />Prepared by a consultant (Hanson Taylor, Inc. and HDR)<br />Completed February 1997<br />Community Redevelopment Master Plan<br />Prepared by a consultant (HDR Lawndales Planning Affiliates)<br />Completed June 1997<br />
  3. 3. Benefits of CRA Designation<br />Reverse Economic Decline/Stimulate Economic Development<br />Increase Appraised Values as Properties are Redeveloped<br />Additional Tax Revenue to Benefit the CRA and the Business Community<br />An Active, More Attractive, Viable Business Community that benefits the Community, City, County and Region Economically<br />
  4. 4. Things to Plan For/Think About:<br />Annual Reports (further detail to follow)<br />Annual Presentations to County Council<br />Creation of Incentive Programs for Businesses in the CRA<br />Creation of Overlay for CRA District to Guide Development of Specific Uses<br />Creation of Design Standards for the CRA to Guide Architectural Styles and other Design Elements<br />Partnership with County and Team Volusia for Economic Development Assistance which Ties in with CRA Redevelopment Projects<br />Engage Business Community for Input and Partnerships<br />Look at Other Programs such as Main Street Program, Working Waterfronts Communities, etc.<br />Participate with the Florida Redevelopment Association<br />Participate with Transportation Planning Organization and FDOT programs<br />
  5. 5. Annual Plan <br />Per Florida Statute 163.356(3)(c) requires that the CRA will file with the governing body (the County of Volusia) annually, on or before, March 31, a report of its activities for the preceding fiscal year to include:<br />A complete financial statement setting forth its assets, liabilities, income and operating expenses<br />Must publish in a local newspaper a notice that the report has been filed and is available to the public during business hours<br />
  6. 6. Examples of Improvements Through Financial Incentive Program<br />Before<br />Before<br />After<br />After<br />
  7. 7. Examples of Improvements Through Financial Incentive Program<br />Before<br />During 2010, Warner Christian Academy received a CRA Façade Improvement Grant in the amount of $15,000 which was leveraged with $84,000 of their own funding. The grant funds were used in part to complete painting of their campus buildings including the main building fronting our US1 corridor in our redevelopment district. This simple improvement project has made a dramatically positive impact to this main commercial corridor in our CRA.<br />After<br />
  8. 8. Example of Capital Improvement Project<br />US1 Streetscape & Undergrounding of Utilities<br />Before: Overhead Utilities<br />After: Underground Utilities<br />
  9. 9. Example of New Construction Project in CRA<br />Halifax Landing Condominium (186 units)<br />Tax Revenue 2009: $ Tax Revenue 2010: $<br />