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CRA 03/28/2022 Minutes
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CRA 03/28/2022 Minutes
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8/23/2022 9:29:57 AM
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City Clerk
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City Clerk - Doc Type
Minutes
City Clerk - Date
3/28/2022
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Strength of the City's Community Redevelopment Area (CRA) is: <br />City's fiscal management of the CRATrust Fund leads to increased annual accruals, <br />Key gateway location of the CRA at the southern end leading into Seminole County; <br />m Main intersection of the CRA at SR 436 & US 17-92; <br />Proximity to downtown Orlando,Winter Park, Maitland, Sanford, & 1-4; <br />K Proximity to UCF & two regionally -serving airports (in Orlando & Sanford); <br />Great balance of land uses with commercial & residential; & <br />Well-managed & extensive utility network providing capacity to businesses. <br />3 <br />In October 2016, City is granted CRA extension through 2025 (new Sunset -Year) <br />City -County partnership is a Community Redevelopment Plan &Trust Fund <br />Plan lists overall redevelopment strategies to achieve: <br />Economic development; <br />Infrastructure & neighborhood development; <br />Grant & financing programs; <br />Land acquisition; & <br />Planning & land use regulations. <br />4 <br />4/11/2022 <br />2 <br />
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