Manatee County Utilities Department
Manatee County Administrator’s Office
Board of County Commission
Worksession
Expanded Alternative
to Meet BCC Directives
Dan Schlandt, Deputy County Administrator
Manatee County Utilities Department
Manatee County Administrator’s Office
Expanded alternatives to
meet BCC Directives
• BCC Directives:
1) Jobs, Jobs, Jobs NOW !!!
2) Redevelopment of the
Urban Core
Manatee County Utilities Department
Manatee County Administrator’s Office
Expanded Alternative to
meet BCC Directives
• Creation of an Economic Development TIF
• Creation of an Encouragement Zone
Land Use Designation
• Expand the proposed area to include 15th
Street East Corridor
• Integration with other actions to meet
BCC directives
Manatee County Utilities Department
Manatee County Administrator’s Office
Manatee County Utilities Department
Manatee County Administrator’s Office
Manatee County Utilities Department
Manatee County Administrator’s Office
Manatee County Utilities Department
Manatee County Administrator’s Office
Home Rule
Economic Development
TIFs vs CRAs
• CRA – Real Property, Issue revenue
bonds
• Home Rule Economic Development
TIF – Greater discretion in collecting
and using TIF revenues, ability to set
boundaries.
Manatee County Utilities Department
Manatee County Administrator’s Office
Summary Proposal
• Create one all encompassing TIF for all the
non-residential areas.
– Provide a single focus on job creation/
economic development for the entire area
– Increase chance that TIF can generate
significant enough increment revenues to be
able to make a substantial impact if
opportunities occur.
– Allow economic development team to respond
quickly to economic development opportunities
• 14th Street W. CRA
• South County CRA
Manatee County Utilities Department
Manatee County Administrator’s Office
Implications to Existing
CRAs