06.- COMMUNITY REDEVELOPMENT AREAS6
Sections:
State Law reference— Community redevelopment, F.S. § 163.330 et seq.
A.
Applicability. Within the intown redevelopment area and the intown west redevelopment area, all development proposals, including the rehabilitation of existing buildings, with a total construction cost in excess of $5,000,000.00 shall be reviewed by the Community Redevelopment Agency (CRA) for consistency with the duly adopted underlying redevelopment plan. CRA design review is a legislative action of the City Council. Development proposals with a total construction cost under $5,000,000.00 shall be reviewed by the POD for consistency with the duly adopted underlying redevelopment plan.
B.
Application. An application shall include the following information in addition to the information that the POD may generally require for a CRA design review application:
1.
Location, height, and shape of buildings;
2.
Location and amount of open spaces and sidewalk treatment;
3.
Building coverage and square feet;
4.
Residential density (number of units);
5.
Non-residential square footage;
6.
Street layout;
7.
Location of parking;
8.
Location, size, and type of existing trees;
9.
Building plans, elevations, and sections;
10.
Perspective drawings or a scale model;
11.
Landscape plan;
12.
A site plan of the subject property, including elevations depicting architectural details and materials for all sides of each structure; and
13.
Any other information required by the POD.
Notwithstanding the foregoing, for phased projects that exceed 5-acres with more than one proposed structure, the POD may accept a conceptual site plan generally depicting the phasing, open space, layout and building envelopes and conceptual building elevations generally depicting building types and delineating the proposed architectural styles to be used for each phase with an architectural narrative.
C.
Procedures. A complete application for CRA design review shall be submitted not less than 30 days prior to the next regularly scheduled Community Redevelopment Agency meeting. Additionally, an application shall be subject to the following requirements:
1.
Notice of intent to file. A minimum of ten days prior to filing an application for CRA design review, the applicant shall send a copy of the application by email or certified mail the Council of Neighborhood Associations (CONA) and to all neighborhood associations and/or business associations within 300 feet of the subject property. The applicant shall file evidence of such notice with the application to the POD. Failure to include such evidence shall render the application incomplete.
2.
Timing of application with other planning and zoning decisions. For development proposals that require additional approvals under these Land Development Regulations (e.g., site plan review or special exception), an applicant shall receive CRA design review approval prior to the hearing of any other request before a board or commission of the City or the City Council.
3.
Duration of approvals. CRA or POD design review approvals shall be valid for three years. Phased development proposal approvals shall be valid for a period of time consistent with the time frames specified for phased projects set forth in section 16.70.010.9. (or successor section) or as may otherwise be approved by the CRA for phased projects that exceed 5-acres with more than one proposed structure. CRA-approved development proposals that require additional approvals from any board or commission of the City or the City Council shall receive an extension administratively from the POD consistent with the time frames established in these additional approvals.
4.
Extensions. Applicants may request up to two two-year extensions from the POD. The application shall be revised to comply with any code amendments and redevelopment plan amendments that were adopted after the original approval.
5.
Modifications. The POD shall be notified of any modifications to an approved development proposal by the applicant and the POD shall determine whether the development proposal must be resubmitted through the process set forth in this section, notwithstanding other applicable provisions regarding modifications elsewhere in these Land Development Regulations.
6.
Appeals. In the event that a development proposal with a total construction cost under $5,000,000.00 is denied by the POD, the applicant may appeal the decision to the CRA by submitting a written request to the City Clerk within ten days of the POD's decision. The CRA decision is the final action of the City.
D.
Standards for review. In reviewing an application made pursuant to this section, the POD or the City Council decision shall be guided by the following factors:
1.
The development proposal is consistent with the duly adopted underlying redevelopment plan;
2.
The development proposal furthers the purpose of the Comprehensive Plan and the Land Development Regulations;
3.
The development proposal is generally consistent with the design review criteria currently set forth in City Council Resolution 2021-636.
(Ord. No. 748-L, § 1, 12-16-2021; Ord. No. 751-L, § 1, 7-7-2022; Ord. No. 566-H, § 1, 12-14-2023)
A.
Agency. The redevelopment agency created pursuant to Resolution No. 85-434 shall hereafter be known as the Bayboro Harbor Community Redevelopment Agency.
B.
Trust fund.
1.
There is hereby established and created, in accordance with the provisions of F.S. § 163.387, a redevelopment trust fund, hereafter referred to as "the fund."
2.
The funds allocated to and deposited into the fund are hereby appropriated to the agency to finance the community redevelopment projects within the Bayboro Harbor Redevelopment Area (hereinafter referred to as "the redevelopment area") created by Resolution No. 85-434 of the City. The agency shall utilize the funds and revenues paid into and earned by the fund for all and every community redevelopment purpose delegated to it in the aforementioned resolution and as contained in the plan for redevelopment and as provided by law.
3.
There shall be paid into the fund, and the City hereby appropriates, commits and sets over for payment into the fund, a sum equal to that increment from the income, proceeds, revenues and funds of the City derived from or held in connection with the area, and the agency's undertaking and carrying out of the community redevelopment projects therein. Such increment shall be determined and appropriated annually, and shall be that amount equal to 95 percent of the difference between:
a.
The amount of ad valorem taxes levied each year by the City, exclusive of any amount from debt service millage, on taxable real property contained within the geographic boundaries of the area; and
b.
The amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by or for the City, exclusive of any debt service millage, upon the total of the assessed value of the taxable real property in the area as shown upon the most recent assessment roll used in connection with the taxation of such property by each such taxing authority prior to March 17, 1988 which is the effective date of Ordinance 1027-F from which this section is derived.
In calculating the increment, the amount of the ad valorem taxes levied based on the City-wide debt service on City bonds shall be totally excluded for the calculation. All increments in this amount shall continue to be used for its voter-approved purpose and shall not be appropriated in any part of the fund. Any adjustments made in the appropriation will be based upon the final extended tax roll.
4.
The City will annually pay to the fund the tax increment due the fund on January 1 of each taxable year. The City's obligation to annually appropriate to the fund on or before October 1 of each year shall commence immediately upon March 17, 1988 which is the effective date of Ordinance 1027-F from which this section is derived and continue until all loans, advances and indebtedness, if any, and interest thereon incurred by the agency as a result of the project have been paid (but not to exceed 30 years).
5.
The agency is directed to establish and set up the fund and to develop and promulgate rules, regulations and criteria whereby the fund may be promptly and effectively administered, including the establishment and the maintenance of books and records and adoption of procedures whereby the agency may, expeditiously and without undue delay, utilize such funds for their allocated statutory purpose.
6.
The agency is vested with full responsibility for the receipt, custody, disbursement, accountability, management and proper application of all moneys paid into the fund.
C.
Ratified. All ordinances and resolutions, including the community redevelopment plan, for the Bayboro Harbor Redevelopment Area, as amended, are ratified and confirmed.
(Code 1992, § 16.06.020; Ord. No. 203-H, § 3, 11-23-2015)
A.
Agency. The redevelopment agency created pursuant to Resolution No. 81-1401 shall hereafter be known as the Intown Community Redevelopment Agency.
B.
Trust fund.
1.
There is hereby established and created, in accordance with the provisions of F.S. § 163.387, a redevelopment trust fund, hereafter referred to as "the fund."
2.
The funds allocated to, and deposited into the fund are hereby appropriated to the St. Petersburg Redevelopment Agency hereafter referred to as "agency," to finance City community redevelopment projects within the redevelopment area, being the Intown Redevelopment Area (hereinafter referred to as "the redevelopment area") created by Resolution No. 81-1401. The agency shall utilize the funds and revenues paid into and earned by the fund for all and every community redevelopment purpose delegated to it in the aforementioned resolution, as amended, and, as contained in the plan for redevelopment as provided by law, the fund shall exist for the duration of the projects within the redevelopment area.
3.
There shall be paid into the fund, and the City hereby appropriates, commits and sets over for payment into the fund, a sum equal to that increment from the income proceeds, revenues and funds of the City derived from or held in connection with the community redevelopment project area, and the agency's undertaking and carrying out of the community redevelopment project therein. Said increment shall be determined and appropriated annually, and shall be an amount equal to 95 percent of the difference between:
a.
The amount of ad valorem taxes levied each year by the City on taxable real property contained within the geographic boundaries of the redevelopment area; and
b.
The amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by the City upon the total of the assessed value of the taxable property in the redevelopment area as shown upon the most recent assessment roll used in connection with the taxation of such property by the City prior to April 15, 1982 which is the effective date of Ordinance No. 570-F, from which this section is derived.
In calculating the increment, the amount of the ad valorem taxes levied based on the City-wide debt service on City bonds shall be totally excluded from the calculation. All increments in this amount shall continue to be used for its voter-approved purpose and shall not be appropriated in any part of the fund.
4.
The City will annually appropriate to the fund the aforestated sum at the beginning of the City's fiscal year. The City's obligation to annually appropriate to the fund shall commence immediately upon April 15, 1982 which is the effective date of Ordinance 570-F from which this section is derived and continue until all loans, advances and indebtedness, if any, and interest thereon incurred by the agency as a result of the projects have been paid and only to the extent that the tax increment recited above accrues.
5.
The agency is directed to establish and set up the fund and to develop and promulgate rules, regulations and criteria whereby the fund may be promptly and effectively administered, including the establishment and the maintenance of books and records and adoption of procedures whereby the agency may, expeditiously and without undue delay, utilize the funds for their allocated statutory purpose.
6.
The agency is vested with responsibility for the receipt, custody, disbursement, accountability, management and proper application of all moneys paid into the fund.
C.
Ratified. All ordinances and resolutions, including the community redevelopment plan, for the Intown Redevelopment Area, as amended, are ratified and confirmed.
(Code 1992, § 16.06.050; Ord. No. 203-H, §§ 4, 6, 11-23-2015)
Editor's note— Ord. No. 203-H, § 2, adopted Nov. 23, 2015, repealed the former § 16.06.030 in its entirety. Said section pertained to the Dome Industrial Park Community Redevelopment Area and derived from § 16.06.030 of the 1992 Code. Section 6 of Ord. No. 203-H renumbered the former § 16.06.050 as § 16.06.030 as set out herein. The historical notation has been retained with the amended provisions for reference purposes.
A.
Agency. The redevelopment agency created pursuant to Resolution No. 90-389 shall hereinafter be known as the Intown West Community Redevelopment Agency.
B.
Trust fund.
1.
There is hereby established and created, in accordance with the provisions of F.S. § 163.387, a redevelopment trust fund hereafter referred to as "the fund."
2.
The funds allocated to, and deposited into the fund are hereby appropriated to the agency to finance the community redevelopment projects within the Intown West Redevelopment Area (hereinafter referred to as "the redevelopment area") created by Resolution No. 90-389 of the City. The agency shall utilize the funds and revenues paid into and earned by the fund for all and every community redevelopment purpose delegated to it in the aforementioned resolution and as contained in the plan for redevelopment and as provided by law.
3.
There shall be paid into the fund, and the City hereby appropriates, commits and sets over for payment into the fund, a sum equal to that increment from the income, proceeds, revenues and funds of the City derived from, or held in connection with the area, and the agency's undertaking and carrying out of the community redevelopment projects therein. Such increment shall be determined and appropriated annually, and shall be that amount equal to 95 percent of the difference between:
a.
The amount of ad valorem taxes levied each year by the City, exclusive of any amount from debt service millage, on taxable real property contained within the geographic boundaries of the area; and
b.
The amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by or for the City, exclusive of any debt service millage, upon the total of the assessed value of the taxable real property in the area as shown upon the most recent assessment roll used in connection with the taxation of such property by each such taxing authority prior to November 11, 1990, which is the effective date of Ordinance 2013-F from which this section is derived.
4.
In calculating the increment, the amount of the ad valorem taxes levied based on the City-wide debt service on City bonds shall be totally excluded from the calculation. All increment in this amount shall continue to be used for its voter-approved purpose and shall not be appropriated in any part to the fund. Any adjustments made in the appropriation will be based upon the final extended tax roll.
5.
The City will annually pay to the fund the tax increment due the fund on January 1 of each taxable year. The City's obligation to annually appropriate to the fund on or before October 1 of each year shall commence immediately upon November 11, 1990, which is the effective date of Ordinance 2013-F from which this section is derived and continue until all loans, advances and indebtedness, if any, and interest thereon incurred by the agency as a result of the projects have been paid (not to exceed 30 years).
6.
The agency is directed to establish and set up the fund and to develop and promulgate rules, regulations and criteria whereby the fund may be promptly and effectively administered, including the establishment and the maintenance of books and records and adoption of procedures whereby the agency may, expeditiously and without undue delay, utilize such funds for their allocated statutory purpose.
7.
The agency is vested with full responsibility for the receipt, custody, disbursement, accountability, management and proper application of all moneys paid into the fund.
C.
Ratified. All ordinances and resolutions, including the community redevelopment plan, for the Intown West Redevelopment Area, as amended, are ratified and confirmed.
(Code 1992, § 16.06.060; Ord. No. 203-H, §§ 5, 6, 11-23-2015)
Editor's note— Ord. No. 203-H, § 2, adopted Nov. 23, 2015, repealed the former § 16.06.040 in its entirety. Said section pertained to the Dome Industrial Park Pilot Project Community Redevelopment Area and derived from § 16.06.040 of the 1992 Code. Section 6 of Ord. No. 203-H renumbered the former § 16.06.060 as § 16.06.040 as set out herein. The historical notation has been retained with the amended provisions for reference purposes.
A.
Agency. The redevelopment agency created pursuant to Resolution No. 2014-296 shall hereinafter be known as the South St. Petersburg Community Redevelopment Agency.
B.
Trust fund.
1.
There is hereby established and created, in accordance with the provisions of F.S. § 163.387, a redevelopment trust fund hereafter referred to as "the fund."
2.
The funds allocated to, and deposited into the fund are hereby appropriated to the agency to finance the community redevelopment projects within the South St. Petersburg Community Redevelopment Area (hereinafter referred to as "the redevelopment area") created by Resolution No. 2014-296 of the City. The agency shall utilize the funds and revenues paid into and earned by the fund for all and every community redevelopment purpose delegated to it in the aforementioned resolution and as contained in the community redevelopment plan and as provided by law.
3.
There shall be paid into the fund, and the City hereby appropriates, commits and sets over for payment into the fund, a sum equal to that increment from the income, proceeds, revenues and funds of the City derived from, or held in connection with the area, and the agency's undertaking and carrying out of the community redevelopment projects therein. Such increment shall be determined and appropriated annually, and shall be that amount equal to 95 percent of the difference between:
a.
The amount of ad valorem taxes levied each year by the City, exclusive of any amount from debt service millage, on taxable real property contained within the geographic boundaries of the area; and
b.
The amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by or for the City, exclusive of any debt service millage, upon the total of the assessed value of the taxable real property in the area as shown upon the most recent assessment roll used in connection with the taxation of such property by each such taxing authority prior to June 11, 2015, the effective date of Ordinance 175-H from which this section is derived.
c.
In calculating the increment, the amount of the ad valorem taxes levied based on the City-wide debt service on City bonds shall be totally excluded from the calculation. All increment in this amount shall continue to be used for its voter-approved purpose and shall not be appropriated in any part to the fund. Any adjustments made in the appropriation will be based upon the final extended tax roll.
4.
The City will annually pay to the fund the tax increment due the fund by April 15 of each taxable year. The City's obligation to annually appropriate to the fund on or before October 1 of each year shall commence immediately upon June 11, 2015, the effective date of Ordinance 175-H from which this section is derived and continue until all loans, advances and indebtedness, if any, and interest thereon incurred by the agency as a result of the projects have been paid (not to exceed 30 years).
5.
The agency is directed to establish and set up the fund and to develop and promulgate rules, regulations and criteria whereby the fund may be promptly and effectively administered, including the establishment and the maintenance of books and records and adoption of procedures whereby the agency may, expeditiously and without undue delay, utilize such funds for their allocated statutory purpose.
6.
The agency is vested with full responsibility for the receipt, custody, disbursement, accountability, management and proper application of all moneys paid into the fund.
C.
Ratified. All ordinances and resolutions, including the community redevelopment plan, for the South St. Petersburg Community Redevelopment Area, as amended, are ratified and confirmed.
(Ord. No. 203-H, § 7, 11-23-2015)
Note— See the editor's note to § 16.06.030.
Editor's note— Ord. No. 203-H, § 2, adopted Nov. 23, 2015, repealed §§ 16.06.070 and 16.06.080 which pertained to the Sixteenth Street Community Redevelopment Area and the Tangerine Avenue Community Redevelopment Area, respectively, and derived from §§ 16.06.070 and 16.06.080 of the 1992 Code.
06.- COMMUNITY REDEVELOPMENT AREAS6
Sections:
State Law reference— Community redevelopment, F.S. § 163.330 et seq.
A.
Applicability. Within the intown redevelopment area and the intown west redevelopment area, all development proposals, including the rehabilitation of existing buildings, with a total construction cost in excess of $5,000,000.00 shall be reviewed by the Community Redevelopment Agency (CRA) for consistency with the duly adopted underlying redevelopment plan. CRA design review is a legislative action of the City Council. Development proposals with a total construction cost under $5,000,000.00 shall be reviewed by the POD for consistency with the duly adopted underlying redevelopment plan.
B.
Application. An application shall include the following information in addition to the information that the POD may generally require for a CRA design review application:
1.
Location, height, and shape of buildings;
2.
Location and amount of open spaces and sidewalk treatment;
3.
Building coverage and square feet;
4.
Residential density (number of units);
5.
Non-residential square footage;
6.
Street layout;
7.
Location of parking;
8.
Location, size, and type of existing trees;
9.
Building plans, elevations, and sections;
10.
Perspective drawings or a scale model;
11.
Landscape plan;
12.
A site plan of the subject property, including elevations depicting architectural details and materials for all sides of each structure; and
13.
Any other information required by the POD.
Notwithstanding the foregoing, for phased projects that exceed 5-acres with more than one proposed structure, the POD may accept a conceptual site plan generally depicting the phasing, open space, layout and building envelopes and conceptual building elevations generally depicting building types and delineating the proposed architectural styles to be used for each phase with an architectural narrative.
C.
Procedures. A complete application for CRA design review shall be submitted not less than 30 days prior to the next regularly scheduled Community Redevelopment Agency meeting. Additionally, an application shall be subject to the following requirements:
1.
Notice of intent to file. A minimum of ten days prior to filing an application for CRA design review, the applicant shall send a copy of the application by email or certified mail the Council of Neighborhood Associations (CONA) and to all neighborhood associations and/or business associations within 300 feet of the subject property. The applicant shall file evidence of such notice with the application to the POD. Failure to include such evidence shall render the application incomplete.
2.
Timing of application with other planning and zoning decisions. For development proposals that require additional approvals under these Land Development Regulations (e.g., site plan review or special exception), an applicant shall receive CRA design review approval prior to the hearing of any other request before a board or commission of the City or the City Council.
3.
Duration of approvals. CRA or POD design review approvals shall be valid for three years. Phased development proposal approvals shall be valid for a period of time consistent with the time frames specified for phased projects set forth in section 16.70.010.9. (or successor section) or as may otherwise be approved by the CRA for phased projects that exceed 5-acres with more than one proposed structure. CRA-approved development proposals that require additional approvals from any board or commission of the City or the City Council shall receive an extension administratively from the POD consistent with the time frames established in these additional approvals.
4.
Extensions. Applicants may request up to two two-year extensions from the POD. The application shall be revised to comply with any code amendments and redevelopment plan amendments that were adopted after the original approval.
5.
Modifications. The POD shall be notified of any modifications to an approved development proposal by the applicant and the POD shall determine whether the development proposal must be resubmitted through the process set forth in this section, notwithstanding other applicable provisions regarding modifications elsewhere in these Land Development Regulations.
6.
Appeals. In the event that a development proposal with a total construction cost under $5,000,000.00 is denied by the POD, the applicant may appeal the decision to the CRA by submitting a written request to the City Clerk within ten days of the POD's decision. The CRA decision is the final action of the City.
D.
Standards for review. In reviewing an application made pursuant to this section, the POD or the City Council decision shall be guided by the following factors:
1.
The development proposal is consistent with the duly adopted underlying redevelopment plan;
2.
The development proposal furthers the purpose of the Comprehensive Plan and the Land Development Regulations;
3.
The development proposal is generally consistent with the design review criteria currently set forth in City Council Resolution 2021-636.
(Ord. No. 748-L, § 1, 12-16-2021; Ord. No. 751-L, § 1, 7-7-2022; Ord. No. 566-H, § 1, 12-14-2023)
A.
Agency. The redevelopment agency created pursuant to Resolution No. 85-434 shall hereafter be known as the Bayboro Harbor Community Redevelopment Agency.
B.
Trust fund.
1.
There is hereby established and created, in accordance with the provisions of F.S. § 163.387, a redevelopment trust fund, hereafter referred to as "the fund."
2.
The funds allocated to and deposited into the fund are hereby appropriated to the agency to finance the community redevelopment projects within the Bayboro Harbor Redevelopment Area (hereinafter referred to as "the redevelopment area") created by Resolution No. 85-434 of the City. The agency shall utilize the funds and revenues paid into and earned by the fund for all and every community redevelopment purpose delegated to it in the aforementioned resolution and as contained in the plan for redevelopment and as provided by law.
3.
There shall be paid into the fund, and the City hereby appropriates, commits and sets over for payment into the fund, a sum equal to that increment from the income, proceeds, revenues and funds of the City derived from or held in connection with the area, and the agency's undertaking and carrying out of the community redevelopment projects therein. Such increment shall be determined and appropriated annually, and shall be that amount equal to 95 percent of the difference between:
a.
The amount of ad valorem taxes levied each year by the City, exclusive of any amount from debt service millage, on taxable real property contained within the geographic boundaries of the area; and
b.
The amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by or for the City, exclusive of any debt service millage, upon the total of the assessed value of the taxable real property in the area as shown upon the most recent assessment roll used in connection with the taxation of such property by each such taxing authority prior to March 17, 1988 which is the effective date of Ordinance 1027-F from which this section is derived.
In calculating the increment, the amount of the ad valorem taxes levied based on the City-wide debt service on City bonds shall be totally excluded for the calculation. All increments in this amount shall continue to be used for its voter-approved purpose and shall not be appropriated in any part of the fund. Any adjustments made in the appropriation will be based upon the final extended tax roll.
4.
The City will annually pay to the fund the tax increment due the fund on January 1 of each taxable year. The City's obligation to annually appropriate to the fund on or before October 1 of each year shall commence immediately upon March 17, 1988 which is the effective date of Ordinance 1027-F from which this section is derived and continue until all loans, advances and indebtedness, if any, and interest thereon incurred by the agency as a result of the project have been paid (but not to exceed 30 years).
5.
The agency is directed to establish and set up the fund and to develop and promulgate rules, regulations and criteria whereby the fund may be promptly and effectively administered, including the establishment and the maintenance of books and records and adoption of procedures whereby the agency may, expeditiously and without undue delay, utilize such funds for their allocated statutory purpose.
6.
The agency is vested with full responsibility for the receipt, custody, disbursement, accountability, management and proper application of all moneys paid into the fund.
C.
Ratified. All ordinances and resolutions, including the community redevelopment plan, for the Bayboro Harbor Redevelopment Area, as amended, are ratified and confirmed.
(Code 1992, § 16.06.020; Ord. No. 203-H, § 3, 11-23-2015)
A.
Agency. The redevelopment agency created pursuant to Resolution No. 81-1401 shall hereafter be known as the Intown Community Redevelopment Agency.
B.
Trust fund.
1.
There is hereby established and created, in accordance with the provisions of F.S. § 163.387, a redevelopment trust fund, hereafter referred to as "the fund."
2.
The funds allocated to, and deposited into the fund are hereby appropriated to the St. Petersburg Redevelopment Agency hereafter referred to as "agency," to finance City community redevelopment projects within the redevelopment area, being the Intown Redevelopment Area (hereinafter referred to as "the redevelopment area") created by Resolution No. 81-1401. The agency shall utilize the funds and revenues paid into and earned by the fund for all and every community redevelopment purpose delegated to it in the aforementioned resolution, as amended, and, as contained in the plan for redevelopment as provided by law, the fund shall exist for the duration of the projects within the redevelopment area.
3.
There shall be paid into the fund, and the City hereby appropriates, commits and sets over for payment into the fund, a sum equal to that increment from the income proceeds, revenues and funds of the City derived from or held in connection with the community redevelopment project area, and the agency's undertaking and carrying out of the community redevelopment project therein. Said increment shall be determined and appropriated annually, and shall be an amount equal to 95 percent of the difference between:
a.
The amount of ad valorem taxes levied each year by the City on taxable real property contained within the geographic boundaries of the redevelopment area; and
b.
The amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by the City upon the total of the assessed value of the taxable property in the redevelopment area as shown upon the most recent assessment roll used in connection with the taxation of such property by the City prior to April 15, 1982 which is the effective date of Ordinance No. 570-F, from which this section is derived.
In calculating the increment, the amount of the ad valorem taxes levied based on the City-wide debt service on City bonds shall be totally excluded from the calculation. All increments in this amount shall continue to be used for its voter-approved purpose and shall not be appropriated in any part of the fund.
4.
The City will annually appropriate to the fund the aforestated sum at the beginning of the City's fiscal year. The City's obligation to annually appropriate to the fund shall commence immediately upon April 15, 1982 which is the effective date of Ordinance 570-F from which this section is derived and continue until all loans, advances and indebtedness, if any, and interest thereon incurred by the agency as a result of the projects have been paid and only to the extent that the tax increment recited above accrues.
5.
The agency is directed to establish and set up the fund and to develop and promulgate rules, regulations and criteria whereby the fund may be promptly and effectively administered, including the establishment and the maintenance of books and records and adoption of procedures whereby the agency may, expeditiously and without undue delay, utilize the funds for their allocated statutory purpose.
6.
The agency is vested with responsibility for the receipt, custody, disbursement, accountability, management and proper application of all moneys paid into the fund.
C.
Ratified. All ordinances and resolutions, including the community redevelopment plan, for the Intown Redevelopment Area, as amended, are ratified and confirmed.
(Code 1992, § 16.06.050; Ord. No. 203-H, §§ 4, 6, 11-23-2015)
Editor's note— Ord. No. 203-H, § 2, adopted Nov. 23, 2015, repealed the former § 16.06.030 in its entirety. Said section pertained to the Dome Industrial Park Community Redevelopment Area and derived from § 16.06.030 of the 1992 Code. Section 6 of Ord. No. 203-H renumbered the former § 16.06.050 as § 16.06.030 as set out herein. The historical notation has been retained with the amended provisions for reference purposes.
A.
Agency. The redevelopment agency created pursuant to Resolution No. 90-389 shall hereinafter be known as the Intown West Community Redevelopment Agency.
B.
Trust fund.
1.
There is hereby established and created, in accordance with the provisions of F.S. § 163.387, a redevelopment trust fund hereafter referred to as "the fund."
2.
The funds allocated to, and deposited into the fund are hereby appropriated to the agency to finance the community redevelopment projects within the Intown West Redevelopment Area (hereinafter referred to as "the redevelopment area") created by Resolution No. 90-389 of the City. The agency shall utilize the funds and revenues paid into and earned by the fund for all and every community redevelopment purpose delegated to it in the aforementioned resolution and as contained in the plan for redevelopment and as provided by law.
3.
There shall be paid into the fund, and the City hereby appropriates, commits and sets over for payment into the fund, a sum equal to that increment from the income, proceeds, revenues and funds of the City derived from, or held in connection with the area, and the agency's undertaking and carrying out of the community redevelopment projects therein. Such increment shall be determined and appropriated annually, and shall be that amount equal to 95 percent of the difference between:
a.
The amount of ad valorem taxes levied each year by the City, exclusive of any amount from debt service millage, on taxable real property contained within the geographic boundaries of the area; and
b.
The amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by or for the City, exclusive of any debt service millage, upon the total of the assessed value of the taxable real property in the area as shown upon the most recent assessment roll used in connection with the taxation of such property by each such taxing authority prior to November 11, 1990, which is the effective date of Ordinance 2013-F from which this section is derived.
4.
In calculating the increment, the amount of the ad valorem taxes levied based on the City-wide debt service on City bonds shall be totally excluded from the calculation. All increment in this amount shall continue to be used for its voter-approved purpose and shall not be appropriated in any part to the fund. Any adjustments made in the appropriation will be based upon the final extended tax roll.
5.
The City will annually pay to the fund the tax increment due the fund on January 1 of each taxable year. The City's obligation to annually appropriate to the fund on or before October 1 of each year shall commence immediately upon November 11, 1990, which is the effective date of Ordinance 2013-F from which this section is derived and continue until all loans, advances and indebtedness, if any, and interest thereon incurred by the agency as a result of the projects have been paid (not to exceed 30 years).
6.
The agency is directed to establish and set up the fund and to develop and promulgate rules, regulations and criteria whereby the fund may be promptly and effectively administered, including the establishment and the maintenance of books and records and adoption of procedures whereby the agency may, expeditiously and without undue delay, utilize such funds for their allocated statutory purpose.
7.
The agency is vested with full responsibility for the receipt, custody, disbursement, accountability, management and proper application of all moneys paid into the fund.
C.
Ratified. All ordinances and resolutions, including the community redevelopment plan, for the Intown West Redevelopment Area, as amended, are ratified and confirmed.
(Code 1992, § 16.06.060; Ord. No. 203-H, §§ 5, 6, 11-23-2015)
Editor's note— Ord. No. 203-H, § 2, adopted Nov. 23, 2015, repealed the former § 16.06.040 in its entirety. Said section pertained to the Dome Industrial Park Pilot Project Community Redevelopment Area and derived from § 16.06.040 of the 1992 Code. Section 6 of Ord. No. 203-H renumbered the former § 16.06.060 as § 16.06.040 as set out herein. The historical notation has been retained with the amended provisions for reference purposes.
A.
Agency. The redevelopment agency created pursuant to Resolution No. 2014-296 shall hereinafter be known as the South St. Petersburg Community Redevelopment Agency.
B.
Trust fund.
1.
There is hereby established and created, in accordance with the provisions of F.S. § 163.387, a redevelopment trust fund hereafter referred to as "the fund."
2.
The funds allocated to, and deposited into the fund are hereby appropriated to the agency to finance the community redevelopment projects within the South St. Petersburg Community Redevelopment Area (hereinafter referred to as "the redevelopment area") created by Resolution No. 2014-296 of the City. The agency shall utilize the funds and revenues paid into and earned by the fund for all and every community redevelopment purpose delegated to it in the aforementioned resolution and as contained in the community redevelopment plan and as provided by law.
3.
There shall be paid into the fund, and the City hereby appropriates, commits and sets over for payment into the fund, a sum equal to that increment from the income, proceeds, revenues and funds of the City derived from, or held in connection with the area, and the agency's undertaking and carrying out of the community redevelopment projects therein. Such increment shall be determined and appropriated annually, and shall be that amount equal to 95 percent of the difference between:
a.
The amount of ad valorem taxes levied each year by the City, exclusive of any amount from debt service millage, on taxable real property contained within the geographic boundaries of the area; and
b.
The amount of ad valorem taxes which would have been produced by the rate upon which the tax is levied each year by or for the City, exclusive of any debt service millage, upon the total of the assessed value of the taxable real property in the area as shown upon the most recent assessment roll used in connection with the taxation of such property by each such taxing authority prior to June 11, 2015, the effective date of Ordinance 175-H from which this section is derived.
c.
In calculating the increment, the amount of the ad valorem taxes levied based on the City-wide debt service on City bonds shall be totally excluded from the calculation. All increment in this amount shall continue to be used for its voter-approved purpose and shall not be appropriated in any part to the fund. Any adjustments made in the appropriation will be based upon the final extended tax roll.
4.
The City will annually pay to the fund the tax increment due the fund by April 15 of each taxable year. The City's obligation to annually appropriate to the fund on or before October 1 of each year shall commence immediately upon June 11, 2015, the effective date of Ordinance 175-H from which this section is derived and continue until all loans, advances and indebtedness, if any, and interest thereon incurred by the agency as a result of the projects have been paid (not to exceed 30 years).
5.
The agency is directed to establish and set up the fund and to develop and promulgate rules, regulations and criteria whereby the fund may be promptly and effectively administered, including the establishment and the maintenance of books and records and adoption of procedures whereby the agency may, expeditiously and without undue delay, utilize such funds for their allocated statutory purpose.
6.
The agency is vested with full responsibility for the receipt, custody, disbursement, accountability, management and proper application of all moneys paid into the fund.
C.
Ratified. All ordinances and resolutions, including the community redevelopment plan, for the South St. Petersburg Community Redevelopment Area, as amended, are ratified and confirmed.
(Ord. No. 203-H, § 7, 11-23-2015)
Note— See the editor's note to § 16.06.030.
Editor's note— Ord. No. 203-H, § 2, adopted Nov. 23, 2015, repealed §§ 16.06.070 and 16.06.080 which pertained to the Sixteenth Street Community Redevelopment Area and the Tangerine Avenue Community Redevelopment Area, respectively, and derived from §§ 16.06.070 and 16.06.080 of the 1992 Code.