08-18-98r°
South Miami Community Redevelopment Agency
Meeting Agenda
August 18,1998
Location: 6130 Sunset Drive, South Miami, FL
Time: 8:30 PM
Call to Order
A. Roll Call
B. Staff Presentation
C. Priority Projects /Programs
Priority for FY 98 -99
Local Labor and Business Pool
Business and Redeveloper Recruitment
Coalition of Financial Institutions
Quick Victory Clean -Up
Landscaping/Streetscaping
Public Trash Receptacles
Entranceway Monument Signs
Signage
Park Improvement (Murray Park & Marshall Williamson)
Trolley
FP &L.Site Improvements
Post Office Site Improvements
Utilization and receipt of CRA funds to leverage maximum
external development funds
Bicycle Parking & Facilities
Survey (Discussion and Distribution)
D. Administrative Issues Discussion
By -Laws
Appointment of 2 additional Board Members (Advertisement)
lnterlocal Agreement - Status Report
Schedule of Meetings
E. Financial Issues
Contributions to Redevelopment Efforts
Shops at Sunset Place
Bank Atlantic
FP &L
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F. General Discussion
I
SMCRA/City in Partnership
SMCRAIPrivate Sector Partnerships
SMCRA/Community Groups and Organizations Partnerships
G. Public Comments
H. General Comment from Staff
I. General Comments from CRA Board
J. Adjournment
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CHARLES D. SCURR 6130 SUNSET DRIVE
CITY MANAGER SOUTH MIAMI, FLORIDA 33143
305/ 663 -6338
August 12, 1998 FAX 663.6345
Honorable Julio Robaina, Armando Oliveros, Jr., David Bethel,
Horace Feliu, Mary Scott Russell
Dear Mayor, Vice Mayor and Commissioners:
1998 -99 Community Redevelopment Agency Funding Recommendation
During the past two. years, the elected officials, business owners, and citizens of this City have
supported the creation of a Community Redevelopment Agency. The purpose of establishing a
CRA is to implement and fund redevelopment programs that will bring economic equity to a
community that is experiencing economic decline. More than a decade ago Dade County
designated what is now our CRA area as an Urban Target Area. During the past several years
the assessed property value for this area has declined which has reduced revenue for the City
while increasing the demand for City services. The commercial ad valorem revenue for the
entire City has also steadily decline over the past several years. This decline has created an
imbalance between commercial and residential tax revenues, with residential property owners
paying an increasingly high percentage of tax revenues to the City. The South Miami CRA can
begin now to create the improvements needed to start an upward trend. Based only on the
development currently in process within the CRA boundary (Shops at Sunset Place), the new
revenue that will come back to the City through CRA is in excess of $11 million. This is revenue
the county contributes to the TIF Trust Fund, which would have gone to the county's general
fund for services throughout the county.
There has been a great deal of public participation in the development of the CRA Plan. This
public input is reflected in the programs that are included in the Plan, and the community is
anxiously watching for these, promises to become a reality.
It is important to view a CRA's budget as not simply an appropriation but as an investment of
public funds upon which the Commission should expect to receive a return. The SMCRA has
set a goal to generate $500,000 during this first year. It is clear that this amount will not be
generated from the first -year TIF, but every effort should be made to pursue funds for the
community from non - traditional sources through this agency.
The implementation budget for the SMCRA should be set at $164,200. This amount would fund
50% of the salary of the Deputy City Manager; CRA related legal fees to the City Attorney; and
professional services required to secure funds, set up programs and implement Quick Victories
and other projects. First year TIF revenue is expected to be negligible. The exact amount will
be determined prior to the adoption of the fiscal year 98199 budget. The estimated TIF revenue
will need to be augmented by the City.to provide for a budget of $164,200 necessary to carry
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the agency through its first year. It is important to note that the City could loan the agency
additional funds if its activities are successful and be repaid from the SMCRA during the year
that it captures a major increase in TIF revenues from the Shops at Sunset. A resolution has
already been adopted by the City Commission to establish a mechanism for the CRA to
gradually repay the city for allowable expenses incurred prior to the agency receiving TIF funds.
It would be normal procedure for a City to cover the minor overhead fees that will be associated
with the additional workload generated by the CRA within its general budget. This amount will
be minimal and will occur in areas such as copying, telephone and postage. The Deputy City
Manager will serve as administrator, with approximately 50% of her time per week devoted to
CRA activities
An aggressive approach to achieve visible'Quick Victory Projects is currently being pursued by
the Deputy Manager and the CRA Consultant. The CRA Plan includes several Quick Victory
Projects that can be achieved very early in the first year of operation, such as Quick Victory
Clean -Up, Public Trash Receptacles, Paint -Up /Fix -Up projects, Signage, Site improvements at
the U.S. Post Office, and the FP &L Substation. Arrangements have been negotiated with
Shops at Sunset Place to prepay their obligation to fund a specified number of hours for a city -
operated shuttle service. It is our goal to have a CRA trolley route established and operational
at the time of the opening of the Shops. Alternate funding sources such as, corporations,
foundations, and state and federal,grants are being pursued to enhance and supplement
program funding. Additionally, the agency will generate non -TIF revenues through such things
as development review fees. As stated above, it is anticipated that the CRA will generate
$500;000 in non -TIF revenues the first year through this aggressive and innovative approach to
reaching our goals.
Additionally, it is important and essential that the programs outlined in the Plan are properly
established in the beginning to insure that they are in compliance with the interlocal agreement
with Miami Dade County, and with Florida Statutes. The CRA Board will establish the priority
programs and projects for the first year of operation and each year thereafter.
Quick Victory Projects (pending. approval of CRkBoard) that could be implemented by
the end of the fiscal year are:
• Local Labor and Business Pool
• Business and Redeveloper Recruitment
• Coalition of Financial Institutions
• Quick Victory Clean -Up Projects
• Landscaping /Streetscaping Projects
• Public Trash Receptacles
• Entranceway Monument Signs
• Signage
• Park Improvements (Murray Park and /or Marshall Williamson Park)
• Trolley System
• Redevelopment Advocacy Projects (Florida Power and Light and U.S. Post Office)
• Utilization of CRA funds to leverage maximum external development funds
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Potential Projects for Upcoming Fiscal Year:
• Front and Rear Facade Improvements (Commercial
• Paint -up /Fix -up (Residential)
• Senior Park (Murray Park)
• Marketing Research
• Land Acquisition
• Bicycle Parking and Facilities
Budget Requirements
Deputy City Manager (as CRA Administrator @ 50% of week) $34,000
City Attorney $15,000
Reduction of existing Consultant Contract for set -up and implementation of
CRA programs, quick victory project implementation, and other projects
related to Community Redevelopment Agency. $115,200
Projected Revenue
The CRA expects to generate $500,000 in non -TIF revenue for projects and program
implementation during its first year of operation.
This conservative budget is presented for your consideration. We have established a
mechanism for the South Miami Community Redevelopment Agency to repay the City for funds
forwarded to that agency prior to receiving Tax Increment revenue. It is important for this City to
begin to turnaround the declining tax revenue situation we are experiencing. The CRA
provides us with the tools, and the revenue to start an upward trend.
I recommend your approval.
Charles Scurr
City Manager
• r � O
South M..iami Community Redevelopment Agency
1998 -99 Project/Program Priority Survey
NAME
Please rank from 1 to 14 with #1 being top priority and 14 being the lowest
Local Labor. and Business Pool
Business and Redeveloper Recruitment
Coalition of Financial Institutions
Quick Victory Clean -Up
Landscaping/Streetscaping
Public Trash Receptacles
Entranceway Monument Signs
Signage
Park Improvement (Murray Park & Marshall Williamson)
1
Trolley
FP &L Site Improvements
Post Office Site Improvements
Utilization and receipt of CRA funds.to leverage maximum
extemal development funds
Bicycle Parking & Facilities
Additional Comments:
Please return SURVEY to Diana Morris by 8130198