This document provides an overview of Community Redevelopment Agencies (CRAs) including their purpose of redeveloping blighted areas, how they are funded through tax increment financing, what activities CRAs can and cannot fund, best practices for CRA leadership, and requirements under Florida law. The key points are that CRAs work to redevelop areas and eliminate slums/blight according to a redevelopment plan, are funded through increased property tax values over time, and must spend funds on projects within the designated area and outlined in the redevelopment plan.
9/8 THUR 16:00 | DCA Discussion on New Growth Mgt LawAPA Florida
Secretary Billy Buzzett
Mike McDaniel
DCA staff will provide an update on DCA activities, including the role of the Department in rulemaking, implementing new legislation, and providing State oversight in Florida’s growth management system.
Clara Bennett
Thomas Cooney
Dan Bartholomew
Jon Sewll
Artie White
The panel discussion will focus on the importance of protecting aviation facilities and land assets through planning techniques and enforcing existing laws. The session will include an overview
of the economic benefit aviation brings to Florida and resources available to protect these assets, followed by a panel discussion with a local airport representative and government official to discuss how these techniques have been implemented in their areas. This session is appropriate for planning commissioners, elected officials, staff planners, zoning officials and others involved with land use and zoning responsibilities in areas near
commercial and general aviation airports.
A report by the Citizen Advocacy Center.
Tax Increment Financing, or TIF, is a powerful municipal economic development tool created by the Illinois General Assembly in 1977. Although nearly every state in the nation adopted tax increment financing, each state’s legislation differs. The Illinois Tax Increment Allocation Redevelopment Act is the basis for all the information in this website.
The purpose of TIF is to spur and fund development in areas with declining or stagnant property values through providing incentives to developers. The revenues used to pay for the incentives come from property taxes that the municipality diverts for the duration of the TIF district, typically 23-30 years. The theory is that the TIF designated area will develop due to the assistance of incentives to developers, and the property valuation for the TIF designated area will substantially increase and benefit all taxing bodies in the future.
9/8 THUR 16:00 | DCA Discussion on New Growth Mgt LawAPA Florida
Secretary Billy Buzzett
Mike McDaniel
DCA staff will provide an update on DCA activities, including the role of the Department in rulemaking, implementing new legislation, and providing State oversight in Florida’s growth management system.
Clara Bennett
Thomas Cooney
Dan Bartholomew
Jon Sewll
Artie White
The panel discussion will focus on the importance of protecting aviation facilities and land assets through planning techniques and enforcing existing laws. The session will include an overview
of the economic benefit aviation brings to Florida and resources available to protect these assets, followed by a panel discussion with a local airport representative and government official to discuss how these techniques have been implemented in their areas. This session is appropriate for planning commissioners, elected officials, staff planners, zoning officials and others involved with land use and zoning responsibilities in areas near
commercial and general aviation airports.
A report by the Citizen Advocacy Center.
Tax Increment Financing, or TIF, is a powerful municipal economic development tool created by the Illinois General Assembly in 1977. Although nearly every state in the nation adopted tax increment financing, each state’s legislation differs. The Illinois Tax Increment Allocation Redevelopment Act is the basis for all the information in this website.
The purpose of TIF is to spur and fund development in areas with declining or stagnant property values through providing incentives to developers. The revenues used to pay for the incentives come from property taxes that the municipality diverts for the duration of the TIF district, typically 23-30 years. The theory is that the TIF designated area will develop due to the assistance of incentives to developers, and the property valuation for the TIF designated area will substantially increase and benefit all taxing bodies in the future.
Similar to CRA's Communities Working Together (20)
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
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Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Business Valuation Principles for EntrepreneursBen Wann
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Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
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Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
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Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
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9. Powers of a CRA
(highly recommended reading)
163.358 Exercise of powers in carrying out community
redevelopment and related activities.
163.370 Powers; counties and municipalities;
community redevelopment agencies.
163.410 Exercise of powers in counties with home rule
charters.
163.415 Exercise of powers in counties without home
rule charters.
163.400 Cooperation by public bodies.
14. What is a CRA?
Agency or Area…Yes
BD Members appointed by local government
Dependent Special District
Elected and or appointed people
May have multiple CRA districts
Law generally says only one CRA Board
16. What is Increment Financing?
LONG TERM SEED $
Ad valorem property values frozen (base
year) for area
Yearly increase in property values applied to
millage is “increment”
95% of amount is sent to CRA trust fund
County and city write check annually
CRA adopts budget based on amounts plus
donations, loans, bonds, interest
18. Generally Not CRA Legal
(check with your attorney)
Trust fund money for any project,
program, donation, sponsorship, grant
that is not expended in the area and is
not clearly in the redevelopment plan.
Exceptions by interlocal agreement **
21. Reductions in Revenues
Statute allows city or county to reduce contributions to
CRA trust fund
In order to preserve debt and future of CRA, should be
done by inter local agreement
For how long will money not be contributed?
What about other taxing authorities?
CRA shares costs with city/county for projects in area
and in the plan, eg. streetscape, infrastructure,
parking, incentives
Outline who pays for what in the developer/inter local
agreement
22. Trust Fund Money Rule
163.387 (7) Funds left in CRA trust fund on
September 30 shall be:
Returned to each taxing authority OR
Used to reduce outstanding debt; OR
Deposited into an escrow account for later payment of
outstanding debt; OR
Appropriated to a specific redevelopment project pursuant
to the plan, to be completed within three years from the
date of appropriation
39. Florida Redevelopment
Association
850.701.3608
www.redevelopment.net
Carol Westmoreland, Executive Director
cwestmoreland@flcities.com
Jan Piland, Executive Assistant
jpiland@flcities.com