Manatee County Government Administrative Center Manatee Room, Fourth Floor 9:00 a.m. - May 13, 2014
May 13, 2014 - Work Session (Morning)
Agenda Item #2

Southwest County Tax Increment Financing District

Briefing Provided Upon Request

Contact and/or Presenter Information

Cheri R. Coryea, Director
Neighborhood Services Department

Action Requested
Worksession, no action required.  Report on the establishment of a new Southwest County Tax Increment Financing (TIF) District.

Enabling/Regulating Authority
Florida Statute 163, Part III Community Redevelopment

Background Discussion

On September 16, 2013, the Board held a Work Session to discuss the Southwest County TIF concept.

On January 7, 2014, as discussed in a regular Board meeting, the Board authorized staff to work with the County Administrator to 1) establish a Southwest Area Tax Increment Financing (TIF) District; and 2) to dissolve the existing South County CRA and the 14th Street West CRA.

Information presented today during this Work Session will further develop these activities.

A draft of the ordinance establishing the Southwest County TIF will be reviewed.

County Attorney Review
Other (Requires explanation in field below)

Explanation of Other
RLS submitted to County Attorney's Office; discussions on-going with William Clague and Maureen Sikora.

Reviewing Attorney

Instructions to Board Records

Cost and Funds Source Account Number and Name

Amount and Frequency of Recurring Costs

Attachment:  SW TIF Map.pdf
Attachment:  Southwest County TIF Ordinance.pdf