This resolution is to amend the 2016 CRA Plan to update and incorporate new programs and projects to reflect the changing market conditions, community needs and current priorities. The amended plan includes capital projects to be listed in the CIP project list.
The amended plan provides specific programs and projects that target small geographic areas or neighborhoods. These projects are smaller, scalable, and do-able projects that can be accomplished in shorter time frames or in phases. A collection of projects, implemented over a shorter time frame or in phases often prove to be eventually more "transformational" than a single mega-project.
The proposed Plan amendment provides programs and projects description and identifies funding sources, budget and timeline for each program and project. Some projects are underway and new ones are scheduled to commence over the next 5-10 years. Existing programs have been reviewed for continuing relevance and new programs and projects have been added to address the conditions of slum or blight and provide economic development opportunity in the CRA.
The proposed edits are identified with underline for new language and strikethrough for deletions. This 2019 Plan Amendment is necessary to address the following items:
- Remove outdated language;
- Update to reflect changes in State law for impact fees;
- Update to reflect the existing conditions and needs;
- Add new programs and projects.
The Plan will be amended periodically to add new programs and projects as they are identified and increment revenue will be used to update the capital work program and the Plan.
Attachments:
- Resolution No. 07-2019
- Exhibit "A" - CRA Plan
- Capital Improvement Projects Timeline
- Capital Improvement Projects Budget Summary
- PowerPoint Presentation
- Proof of Notification