Common use of Redevelopment Plan Clause in Contracts

Redevelopment Plan. a. The City shall provide the Redevelopment Plan and any amendments to the Redevelopment Plan to the County for approval by an affirmative vote of the County Commission prior to the City’s adoption of the Redevelopment Plan and any amendments. b. The Redevelopment Plan and all amendments to the Redevelopment Plan shall meet all the requirements of statute, including the requirement that the plan contain a detailed statement of the projected costs of redevelopment, “including the amounts to be expended on publicly funded capital projects in the redevelopment area and any indebtedness of the community redevelopment agency… if such indebtedness is to be repaid with increment revenues.” See Sec. 163.362(9), Fla. Stat. c. The Redevelopment Plan and any amendments to the Redevelopment Plan shall not include projects on or directly serving property currently identified as Tax Parcels 01934-000-000, Parcel ▇▇▇▇▇-▇▇▇-▇▇▇, Parcel 01934-001-000, Parcel 01934-003-000 and Parcel ▇▇▇▇▇-▇▇▇-▇▇▇ without first obtaining approval from the County. Notwithstanding the requirements of this subsection, the City and the CRA do not need to obtain approval from the County, separate from the Redevelopment Plan, for public infrastructure projects adjacent to the parcels enumerated above. d. The Redevelopment Plan and any amendments to the Redevelopment Plan shall include a requirement that no more than 30% of all funds deposited into the CRA trust fund be used on administrative costs necessary or incidental to the implementation of a community redevelopment plan adopted by the agency. Administrative costs are costs related to CRA functions, including general accounting, budgeting, financial and cash management, procurement and purchasing, personnel and property management, payroll, audit and general legal services, oversight and management of CRA activities, developing systems and procedures. Administrative costs do not include capital and operating costs associated with projects. In no case may funds from the CRA trust fund be used for general government operating expenses unrelated to the planning and carrying out of the Redevelopment Plan. e. The remaining funds in the CRA trust fund may be used to fund all CRA projects included in the Redevelopment Plan and to fund the expenses associated with those projects. f. Redevelopment activities and projects in the Redevelopment Plan shall be designed to mitigate the slum/blighted conditions of the redevelopment area that are the basis for the Finding of Necessity required to be made by the City.

Redevelopment Plan. a. The City shall provide the Redevelopment Plan and any amendments to the Redevelopment Plan to the County for approval by an affirmative vote of the County Commission prior to the City’s 's adoption of the Redevelopment Plan and · any amendments. b. The Redevelopment Plan and all amendments to the Redevelopment Plan shall meet all the requirements of statute, including the requirement that the plan contain a detailed statement of the projected costs of redevelopment, “"including the amounts to be expended on publicly funded capital projects in the redevelopment area and any indebtedness of the community redevelopment agency… ... if such indebtedness is to be repaid with increment revenues.” " See Sec. 163.362(9), Fla. Stat. c. The Redevelopment Plan and any amendments to the Redevelopment Plan shall not include projects on or directly serving property currently identified as Tax Parcels 01934▇▇▇▇▇-000▇▇▇-000▇▇▇, Parcel ▇▇▇▇▇-▇▇▇-▇▇▇ Parcel ▇▇▇▇▇-▇▇▇-▇▇▇, Parcel 01934-001-000, Parcel 01934-003-003- 000 and Parcel ▇▇▇▇▇-▇▇▇-▇▇▇ without first obtaining approval from the County. Notwithstanding the requirements of this subsection, the City and the CRA do not need to obtain approval from the County, separate from the Redevelopment Plan, for public infrastructure projects adjacent to the parcels enumerated above. d. The Redevelopment Plan and any amendments to the Redevelopment Plan shall include a requirement that no more than 30% of all funds deposited into the CRA trust fund be used on administrative costs necessary or incidental to the implementation of a community redevelopment plan adopted by the agency. Administrative costs are costs related to CRA functions, ; including general accounting, budgeting, financial and cash management, procurement and purchasing, personnel and property management, payroll, audit and general legal services, oversight and management of CRA activities, developing systems and procedures. Administrative costs do not include capital and operating costs associated with projects. In no case may funds from the CRA trust fund be used for general government operating expenses unrelated to the planning and carrying out of the Redevelopment Plan. e. The remaining funds in the CRA trust fund may be used to fund all CRA projects included in the Redevelopment Plan and to fund the expenses associated with those projects. f. Redevelopment activities and projects in the Redevelopment Plan shall be designed to mitigate the slum/blighted conditions of the redevelopment area that are the basis for the Finding of Necessity required to be made by the City.