HomeMy WebLinkAbout2002 07 22 Informational D Letter about the US 17-92 Community Redevelopment Area Boundary
COMMISSION AGENDA
ITEM
D
CONSENT
INFORMATIONAL X
PUBLIC HEARING
REGULAR
July 22, 2002
Meeting
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REQUEST:
The Finance Department is requesting the City Commission Review a Letter from the
US 17-92 CRA Coordinator Regarding Changes in the US 17-92 Community
Redevelopment Area Boundary.
PURPOSE:
To relay information to the City Commission regarding changes to the US 17-92
Community Redevelopment Area Boundary.
CONSIDERA TIONS:
The Cities contribution to the US 17-92 CRA has increased from $16,772 in FY 01 to
approximately $63,000 in FY 03 due in large part to an increase in valuation of the
Redevelopment area.
The Commission expressed concern about any boundary changes that may be playing
a role in the Cities increased contribution. Of specific concern was Longwood.
The US 17-92 CRA Coordinator prepared a letter and noted that no boundary changes
have occurred with the exception of some areas near Fern Park. In addition, the
Coordinator relayed that the City of Longwood elected not to participate in the
Redevelopment Plan.
RECOMMENDATION:
None - information only.
ATTACHMENTS:
· Letter dtd 7/2/2002 from the US 17-92 CRA Coordinator
COMMISSION ACTION:
ECONOMIC DEVELOPMENT DEPARTMENT
July 2,2002
Louise C. Frangoul, CP A
Director of Finance
City of Winter Springs
1126 East State Road 434
Winter Springs, Florida 32708
Dear Ms. Frangoul:
In reference to your correspondence dated May 31, 2002 and to subsequent telephone
conversations with you, I am forwarding this letter to address those concerns previously
discussed regarding the US 17-92 Community Redevelopment Agency (CRA).
At present, the cities of Casselberry, Lake Mary, Sanford and Winter Springs have
partnered with the County in the US 17-92 CRA by adopting a resolution (in 1997)
concurring with the US 17-92 Redevelopment Plan. The City of Longwood has not
adopted a similar resolution and therefore has opted not to participate in the US 17-92
CRA. In other words, the City of Longwood does not contribute any tax increment to the
US 17-92 Redevelopment Trust Fund and consequently, no US 17-92 Redevelopment
Trust Fund monies can be expended on properties within incorporated limits of the City
of Longwood.
The boundary ofthe US 17-92 Community Redevelopment Area, established by
ordinance in 1997, was amended in 1998 to include properties in the unincorporated Fern
Park area south of State Road 436 that were previously studied but not formally adopted
into the redevelopment area. No other amendments to the US 17-92 CRA boundaries
have occurred.
Should you have any questions regarding the above or if you would like additional
information, please contact me at (407) 665-2904.
Sincerely,
~1./tfL
Kevin Fall
US 17-92 eRA Coordinator
1230 DOUGLAS AVE. SUITE 116 LONGWOOD, FL 32779 (407) 665-2900 FAX (407) 665-2920