Agenda Item Name:
Title
County Community Redevelopment Grants for the Gainesville Metropolitan Area
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Presenter:
Edgar Campa-Palafox and Sean McLendon
Description:
A draft grant criteria and process for Board consideration that promotes community redevelopment via economic development services and infrastructure projects in the Gainesville Metropolitan Area. This suggested framework compliments the County's commitment to the Gainesville Community Revitalization Area agreement (GCRA) with a focus on serving low income to moderate income citizens.
Recommended Action:
Recommended Action
Hear presentation and give direction to staff to return with finalized criteria for community redevelopment grants within the Gainesville Metropolitan Area and create a final application process for professional services grants for FY20 and develop a list of infrastructure projects for FY21.
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Prior Board Motions:
At the Board's Regular Meeting on April 9, 2019 the Interlocal Agreement between Alachua County and City of Gainesville Regarding Community Redevelopment was approved on consent.
Fiscal Consideration:
Fiscal Consideration
Account 001.17.1770.552.46.00 budget $100,000
The resources for these efforts would be funded from a portion of financial contributions committed by the County to the Gainesville Community Revitalization Area agreement (GCRA). In 2020 the first year, the increment available for economic development projects will be $100,000 growing by $100,000 per year over ten years per Section 3 of the GCRA agreement. Alachua County's total commitment to the GCRA starting in 2020 is $4,191,460 with an increment draw down of $100,000 annually for 10 years to reach equity between the City and County's commitment. At year ten of the agreement, the City and County will contribute an equal amount of $3,325,657 per year.
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Background:
As part of the Board's Special Budget Meeting on June 4, 2019, Manager Lieberman proposed the creation of an Econo...
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