Placement: Resolutions / Public Hearing
Action Requested: Motion / Vote
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Resolution 25-CRA-02, Public Hearing, a Resolution of the Port St. Lucie Community Redevelopment Agency to recommend and request that the City of Port St. Lucie City Council approve an amendment and extension of the Revised Original Community Redevelopment Area Plan to June 11, 2055; Providing for Conflict; Providing for Severability; Providing an Effective Date.
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Submitted By: Jennifer Davis, Community Redevelopment Agency Director
Executive Summary (General Business): The City of Port St. Lucie City Council, which is the Community Redevelopment Agency’s governing body, may approve upon recommendation of the Agency, the modification and extension of the Revised Original Community Redevelopment Area Plan. The Agency desires to recommend to the City Council the amendment and extension of the Revised Original Community Redevelopment Area Plan until June 11, 2055, so that redevelopment, as defined by the Redevelopment Act, can continue in accordance with the Revised Original Community Redevelopment Plan.
Presentation Information: Staff will provide a brief presentation, if requested.
Staff Recommendation: Move that the Board approve the Resolution
Alternate Recommendations:
1. Move that the Board amend the recommendation and approve the Resolution
2. Move that the Board not approve and provide staff with additional direction
Background:
Pursuant to Part III, Chapter 163, Florida Statutes, the Community Redevelopment Act of 1969, as amended (the “Redevelopment Act”), the City of Port St. Lucie (“City) created the Port St. Lucie Community Redevelopment Agency (“Agency”) to undertake redevelopment within the corporate limits of the City. In 2001, the City established the Agency with the adoption of Ordinance 01-01 to exercise redevelopment powers in community redevelopment areas established by the City pursuant to the Redevelopment Act. One of the areas identified by the City was the Original CRA (“Original Area”).
On June 11, 2001, the City Council adopted Resolution 01-R27, which approved a community redevelopment plan for the Original Area in accordance with the Redevelopment Act (the “Original Plan”); The City Council also adopted Ordinance No. 1-23 establishing the Redevelopment Trust Fund (“Trust Fund”) for redevelopment within the Original Area through the Original Plan and it also set forth the tax increment revenue (“TIF”) to be deposited into the Trust Fund and applicable rates of such contributions by the applicable taxing authorities, among other specifics.
On April 14, 2003, the City Council adopted Resolution 03-R30, which found the need for rehabilitation, conservation or redevelopment, or a combination thereof, in the Lentz Grove Property, and that the Lentz Grove Property constituted a community redevelopment area as defined in section 163.340(10), Florida Statutes, and that the Lentz Grove Property should be added to the Original Area (“Revised Original Area”). The City Council adopted Resolution 03-R31 adopting an amendment to the Original Plan pertaining to the Lentz Grove Property (“Revised Original Area Plan”). The City Council also adopted Ordinance 03-76 providing for a modification to the Trust Fund to account for additional funding of the Trust Fund by the Lentz Grove Property’s TIF revenue and it also set forth applicable rates of such contributions, among other specifics relating to TIF created by virtue of the Lentz Grove Property, so that the entirety of the Revised Original Area’s TIF was accounted for by the Trust Fund. All taxing authorities applicable to the Revised Original Area shall appropriate to and cause to be deposited into the Trust Fund the TIF determined pursuant to the Redevelopment Act and the Trust Fund ordinances annually and continue to the extent permitted by the Redevelopment Act and so long as the Revised Original Plan was in effect. The area known as Lentz Grove is now known as East Lake Village.
An amendment to the Revised Original Plan has been prepared as depicted in Exhibit “A”, attached to the Resolution, as an amendment to the Original Plan to guide the redevelopment therein (“2025 Original Plan Amendment”). The purpose of the 2025 Original Plan Amendment is to extend the plan to June 11, 2055, and update and/or remove outdated data and text, clarify desired uses, add the Master Plan for Walton & One (formerly known as City Center) to the document, and other miscellaneous changes. A desired result of the 2025 Original Plan Amendment is that TIF revenue for the Revised Original Area will be deposited by the taxing authorities into the Trust Fund for an extended period consistent with section 163.387(2)(a), Florida Statutes. Florida Statute allows the City Council to amend and extend the Original Plan upon the recommendation of the Agency Board, public hearing on the proposed modification after public notice thereof in a newspaper of general circulation and proper notice to the taxing authorities, all of which have been achieved.
The Agency Board finds that many of the initiatives in the Revised Original Plan still need to be accomplished, more work and updates to the plan proposed by the 2025 Original Plan Amendment are also needed to implement the City’s vision for the Revised Original Area and address the current needs and goals for the Agency. The Agency Board recommends and requests approval of the 2025 Original Plan Amendment by the City Council as it has determined adoption of the amendment to be in the best interests of the health, safety, and welfare of the residents and citizens of the City and the public at large so that redevelopment, as defined by Section 163.340(9) of the Redevelopment Act, can continue in a fashion that meets the current needs of the community.
Issues/Analysis: N/A
Financial Information: N/A
Special Consideration: Companion items related to this agenda item include the following: Legistar ID 2025-720 (CRA Resolution Extending the Agency); ID 2025-722 (City Council Resolution Extending the Agency); and ID 2025-723 (City Council Ordinance Extending the CRA Plan)
Location of Project: The Original Community Redevelopment Area is generally located along the US Highway One Corridor, from just north of Village Green Drive at the north down to Tickridge Road on the south, with Lennard Road forming the eastern boundary.
Attachments: 1. Resolution 25-CRA-02; 2. Exhibit A - Revised Original CRA Plan including Walton & One; 3. Notices to Taxing Authorities; 4. Location Map
NOTE: All of the listed items in the “Attachment” section above are in the custody of the City Clerk. Any item(s) not provided in City Council packets are available upon request from the City Clerk.
Internal Reference Number: 25055-07
Legal Sufficiency Review:
Reviewed by Elizabeth L. Hertz, Senior Deputy City Attorney. Approved as to Legal form and sufficiency by Richard Berrios, City Attorney.