The City of Daytona Beach Community Redevelopment Agency Annual Report

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The City of Daytona Beach Community Redevelopment Agency 2014 Annual Report

INTRODUCTION CREATE PUBLIC ACCESS AND CONNECT PEOPLE TO THE WATER! The annual report for the City of Daytona Beach Community Redevelopment Agency s fiscal year that began October 1, 2013 and ended September 30, 2014 is designed to improve the way we communicate with our citizens, not just in numbers, but by words of action and pictures of progress. Telling the story of how community redevelopment benefits the community is an ongoing process of education and sharing. Water is a dominant feature in the City s redevelopment areas. The World s Most Famous Beach is being rediscovered by millions of visitors each year. Thanks to the Community Redevelopment Agency s efforts, tens of millions of dollars have been invested in the Bandshell, Boardwalk, and Pier and the adjacent parks for all to enjoy. Our attention is now shifting to the intercostal waterway, the Halifax River, which has more shoreline in the redevelopment areas than the Atlantic Ocean. A mile long Riverfront Park offers incredible opportunities for public use, including the Halifax Harbor Marina; City Island with its historic Jackie Robinson Ballpark and Farmers Market; the News Journal Performing Arts Center; and Manatee Island with its amphitheater and dog park. But many opportunities to connect people to the river remain underutilized or unrealized. Several initiatives are underway to maximize the use of the waterfront. In addition to completing our part of the East Coast Greenway, the 2,900 national trail connecting Florida to Maine, two plans are taking shape to transform the waterfront as a destination. The award-winning Riverfront Master Plan adopted in 2010 has several new initiatives underway. The National Guard has vacated its location at Halifax Harbor, creating an opportunity to attract a mixed-use development. A pedestrian walkway under the International Speedway (U.S. 92) bridge will connect to the proposed Day Docks and North Esplanade park improvements that will bring boaters to the downtown Riverfront Shops of Daytona Beach with the support of Florida Inland Navigation District (FIND) grants. In 2014 the Marina Village concept plan was created for the Ballough Road CRA using funds from the Florida Dept. of Economic Opportunity. The transformation of an old industrial area around the Root Canal that lacked access to marina vessels is being proposed that would replace an old bridge to a new raised bridge designed to provide access to the majority of the boating public who can enjoy a new waterfront destination. The City of Daytona Beach Community Redevelopment Agency 2014 Annual Report page 1

WHO IS THE COMMUNITY REDEVELOPMENT AGENCY THE CITY OF DAYTONA BEACH COMMUNITY REDEVELOPMENT AGENCY The City of Daytona Beach City Commission serves as the Community Redevelopment Agency (CRA). The CRA holds regular quarterly meetings in March, June, September, and December. Additionally, the CRA can call special meetings and workshops as required to conduct the business of the Agency. Meetings are held in the City Commission Chambers at City Hall. CRA BOARD MEMBERS (as of September 30, 2014) Pictured from left to right in the back row are Commissioners Carl Lentz, Jr., Patrick Henry, Paula Reed, and Robert Gilliland. Pictured from left to right in the front row are Commissioner Kelly White; Mayor Derrick Henry, Chair; and, Commissioner Pam Woods. The agendas and minutes of the CRA meetings are posted on the City s Web site (www.codb.us). In addition, the CRA meetings are broadcast live on the Brighthouse cable channel and on the internet, and archived on the City Clerk s section of the web site for streaming video replay. The CRA is responsible for approving the annual CRA budget, funding projects and programs, and implementing four Redevelopment Plans. REDEVELOPMENT AREA BOARDS Three Redevelopment Area Boards (RAB) serve in an advisory role to the City Commission and CRA and have a primary responsibility to review and approve certain site plans and conditional use requests, and advise on legislation affecting CRAs. Meetings are held in the City Commission Chambers at City Hall. (as of September 30, 2014) Downtown/Ballough Road RAB Meeting first Tuesday of each month at Noon Harold Goodemote, Chair; Robert Abraham; Dan Harshaw; Stan Hoelle*; Bob Johnson; Larry Robinson; Kent Sharples; Cathy Washington**; Scott Weidman; and Paul Zappitelli. Main Street/South Atlantic RAB Meeting second Wednesday of each month at 6:00 p.m. Dustin Leek, Chair; Tim Davis**; Bill Chapin*; Theresa Doan; Dino M. Paspalakis; Dino P. Paspalakis; Randall Phillips; Suzanne Ramsey; and Carrie Register. Midtown RAB Meeting second Tuesday of each month at 6:00 p.m. Martin Tooley, Chair; Tony Barhoo**; Kenya Ford; Danny Fuqua; Patricia Heard; Dr. Irma Browne Jamison; Steve Miller; Joseph Pozzuoli; Oliver Ross; and David Swartz*. * Alternate Design Professional ** Planning Board appointment The City of Daytona Beach Community Redevelopment Agency 2014 Annual Report page 2

WHERE ARE THE COMMUNITY REDEVELOPMENT AREAS COMMUNITY REDEVELOPMENT AREAS There are five Redevelopment Areas located within the City of Daytona Beach. The boundaries of each Redevelopment Area were established based on a Finding of Blight Study and described in a Community Redevelopment Plan approved by the City Commission. The Plans describe the redevelopment goals, policies, and objectives for each Area and what projects and programs will be deployed to revitalize the Areas. Revenue collected from growth in property values within each area is used to reinvest in programs and projects within the same boundaries. YEAR ESTABLISHED 1982 - Main Street 1982 - Downtown 1986 - Ballough Road 1998 - Midtown 2001 - South Atlantic The City of Daytona Beach Community Redevelopment Agency 2014 Annual Report page 3

REDEVELOPMENT PROJECT & PROGRAM HIGHLIGHTS REDEVELOPMENT PROJECT & PROGRAM HIGHLIGHTS A BRIDGE OVER TROUBLED WATER IS MUSIC TO THE EARS OF BOATERS The Root Canal is located just north of the downtown business district and is hidden behind industrial warehouses that encircle this forgotten waterway. Filling up with silt from storm drains, the search for a solution to the continued decline of the area has resulted in the creation of the Marina Village Plan. With the support of major stakeholders in the Ballough Road Redevelopment Area, the CRA joined with the City of Holly Hill CRA in 2013 to create a concept plan for both communities using a grant from the Florida Dept. of Economic Opportunity. In 2014 the Florida Inland Navigation District awarded a grant for the design, engineering, and permitting phase for the public infrastructure including dredging, bridge replacement, a new boat ramp, and a boardwalk around the perimeter of the canal. The City of Daytona Beach Community Redevelopment Agency 2014 Annual Report page 4

REDEVELOPMENT PROJECT & PROGRAM HIGHLIGHTS THE NEW VETERAN S MEMORIAL BRIDGE HONORS THOSE WHO SERVED Volusia County is moving forward with a new high rise bridge that will replace the draw bridge currently connecting Orange Avenue to Silver Beach across the Halifax River. The design of the bridge included numerous public meetings that also provided concepts for a plaza and Veteran s Memorial on City Island adjacent to the bridge. The construction of the bridge will be coordinated with ongoing improvements to Orange Avenue from Nova Road to Beach Street. PROVIDING A SAFE HARBOR TO EVERYONE WHO NEEDS OF SHELTER In 2014 the City of Daytona Beach employed the services of Dr. Robert Marbut whose work to assist Pinellas County to create a homeless shelter program known as Safe Harbor has demonstrated a greater measure of success than many efforts across the Nation. Dr. Marbut, who previously served as an advisor in the White House, is engaging all cities, the County, and the faith community within Volusia County to create a Safe Harbor program that will have a long-lasting benefit for the homeless population. This effort is seen as one of the most important steps toward the successful redevelopment of Daytona Beach s downtown and beachside neighborhoods that are subjected to the blighting influence of concentrated homeless populations and related social services that sustain homelessness rather than end homelessness. The City of Daytona Beach Community Redevelopment Agency 2014 Annual Report page 5

REDEVELOPMENT PROJECT & PROGRAM HIGHLIGHTS PRESERVING FLORIDA S HISTORIC ART DECO ARCHITECTURAL GEMS The late period of Art Deco saw the introduction of Streamline Moderne. Two of the best examples of this architectural style can be found in Daytona Beach. And both vacant buildings are now in the process of restoration with support from the CRA. The aptly named Streamline Hotel is known as the Bithplace of NASCAR where Bill France and his colleagues joined together to take racing from the World s Most Famous Beach to the rest of the world. With the help of the Hotel Impossible television show the new owner is shooting for the stars. A 4-star hotel that is. The City of Daytona Beach Community Redevelopment Agency 2014 Annual Report page 6

Annual Financial Report for the Daytona Beach CRA s Five Redevelopment Trust Funds The Redevelopment Trust Fund is a special revenue fund that reports the activities of the five (5) tax increment redevelopment areas of the City. The relevant pages from the draft Comprehensive Annual Financial Report (CAFR) addressing CRA finances are attached on the following pages. The full report is posted on the City s web site at www.codb.us. For fiscal year ended September 30, 2014, the Redevelopment Trust Fund reflected a net deficit of approximately $0.3 million when revenues are compared to expenditures including transfers. This deficit is the result of revenue collected in the prior year that was spent during this fiscal year for capital outlay expenditures consisting of land acquisitions, pier improvements, streetscapes and ballpark improvements. Ending fund balance at September 30, 2014 was $4.4 million. More detailed financial information on the Redevelopment Trust Fund can be found on the following pages. The City of Daytona Beach Community Redevelopment Agency 2014 Annual Report page 7

RIVERFRONT PARK The City of Daytona Beach Community Redevelopment Agency 2014 Annual Report page 8

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REDEVELOPMENT TRUST FUNDS Following is a schedule of deposits and withdrawals as required by Section 163.387(8), Florida Statutes. This schedule provides a source for all deposits and a purpose for all withdrawals as prescribed for each redevelopment tax increment district for the fiscal year ending September 30, 2014. The City of Daytona Beach Community Redevelopment Agency 2014 Annual Report page 16

DAYTONA BEACH THE WORLD S MOST FAMOUS BEACH FOR MORE INFORMATION ABOUT US Call: (386) 671-8180 Visit: www.codb.us Mail: City of Daytona Beach - Redevelopment 301 S. Ridgewood Avenue / PO Box 2451 Daytona Beach, FL 32115-2451 REDEVELOPMENT DIVISION STAFF Redevelopment Director Project Manager Project Manager Office Specialist II Reed Berger, AICP Charles Bryant Jason Jeffries Marsha McDonald MAIN STREET PIER The City of Daytona Beach Community Redevelopment Agency 2014 Annual Report page 17