Res 86-90 RESOLUTION NO. 86-90
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
DELRAY BEACH, FLORIDA MODIFYING THE COMMUNITY
REDEVELOPMENT PLAN FOR THE CITY OF DELRAY BEACH TO
PROVIDE FOR THE IMPLEMENTATION OF A REDEVELOPMENT
PROGRAM WHEREBY THE DELRAY BEACH COMMUNITY
REDEVELOPMENT AGENCY WILL EXPEND TAX INCREMENTAL
FINANCING FUNDS TO SUBSIDIZE THE INTEREST ON LOANS
OBTAINED BY PRIVATE PARTIES FOR THE PURPOSE OF
ENHANCING OR UPGRADIN~ THE EXTERIOR OF PRIVATELY
OWNED PROPERTIES WITHIN THE COMMUNITY REDEVELOPMENT
AREA; FINDING THAT THE MODIFICATION CONFORMS TO THE
COMMUNITY REDEVELOPMENT ACT OF 1969, AS AMENDED;
FINDING THAT THE MODIFICATION IS CONSISTENT WITH THE
CITY OF DELRAY BEACH'S COMPREHENSIVE PLAN, AND
MA~ING FURTHER FINDINGS PURSUANT TO THE APPLICABLE
REQUIREMENTS OF FLORIDA STATUTES SECTIONS 163.360(6)
and (7); AND PROVID. ING FOR SEVERABILITY.
WHEREAS, the City Commission of the City of Delray Beach,
Florida, did, on May 14, 1985, adopt Resolution No. 32-85 finding that
one or more slum and blighted areas as defined in Florida Statutes
Section 163.340 or areas in which there is a shortage of housing afford-
able to residents of low or moderate income, including the elderly, or a
combination thereof, exists in the City of Delray Beach; and,
WHEREAS, the City Commission of the City of Delray Beach,
Florida has found and declared in Resolution No. 32-85 that a need for
rehabilitation, conservation or redevelopment, or a combination thereof,
is necessary in such areas in the interest of the public health, safety,
morals, or welfare of the residents of the City of Delray Beach; and,
WHEREAS, the City Commission of the City of Delray Beach,
Florida, has found and declared in Resolution No. 32-85 that there is a
need for a Community Redevelopment Agency to function in the City of
Delray Beach to carry out the Community Redevelopment purposes of
Chapter 163, Part III of the Florida Statutes; and,
WHEREAS, the City Commission of the City of Delray Beach,
Florida, by Ordinance No. 46-85, adopted June 18, 1985, did create a
Community Redevelopment Agency as provlde~ in Florida Statutes Section
163.356; and,
WHEREAS, on December 23, 1986 the Board of County Commissioner~
of Palm Beach County passed and adopted Resolution No. R-86-2003
delegating the exercise of the powers conferred upon the County by
Chapter 163, Part III, Florida Statutes, within the boundaries of the
City of Delray Beach to the governing body of the City of Delray .Beach
completely and without limitation; and,
WHEREAS, the City Commission of the City of Delray Beach,
Florida, passed Resolution 47-87 finding that one or more slum and
blighted areas, as defined in Florida Statutes Section 163.340, or areas
in which there is a shortage of housing affordable to residents of low
or moderate income including the elderly, or a combination thereof,
exists in the 10.3 acre area within the City of Delray Beach as described
more fully in Appendix A of Resolution 47-87 and that a need for
rehabilitation, conservation, or redevelopment, or a combinationI
thereof, is necessary in such areas in the interest of the public
health, safety, morals, or welfare of the residents of the City of
Delray Beach; and,
WHEREAS, the City Commission of the City of Delray Beach,
Florida has heretofore approved a Community Redevelopment Plan on the
9th day of September, 1986 by Resolution No. 49-86 as subsequently
amended on November 24, 1987 by Resolution No. 47-87 and as further
ratified and amended on February 14, 1989 by Resolution No. 6-89.
WHEREAS, the Community Redevelopment Agency of the City of
Delray Beach has recommended to the .City Commission of the City of
Delray Beach, Florida pursuant to its Resolution No. 90-A that the
Community Redevelopment Plan be further modified to provide for the
implemen'tation of a redevelopment program whereby the Community'Redevel-
opment Agency will expend tax incremental financing funds to subsidize
the interest on loans obtained by private persons for the' enhancement
and upgrading of the exterior of privately owned properties within the
Community Redevelopment area; and,
WHEREAS, the City Commission finds it to be necessary for the
rehabilitation, conservation and redevelopment or a combination thereof,
of the Community Redevelopment Area and in the interest of the public
health, safety, morals and welfare of the residents of the City of
Delray Beach to amend the Community Redevelopment Plan for the purpose
of providing for the implementation of redevelopment program whereby the
Community Redevelopment Agency will expend tax incremental financing
funds to subsidize the interest on loans obtained by private parties for
the purpose of enhancing or upgrading the exterior of privately owned
properties within the Community Redevelopment Area; and,
WHEREAS, the Commission finds that the modification conforms
to the Community Redevelopment Act of 1969, as amended; and,
WHEREAS, the City Commission finds that the modification is
consistent with the City of Delray Beach's Comprehensive Plan; and,
WHEREAS, the City Commission further finds that the modifica-
tion meets the applicable requirements of Florida Statutes Sections
163.360(6) and (7); and,
WHEREAS, the City Commission shall hold a public hearing on
said modification to the Plan, after public notice is given in
conformance with the requirements of Chapter 163, Part III Florida
Statutes; and,
WHEREAS, The City Commission finds that the enhancement of the
physical appearance of structures within the Comzaunity Redevelopment
Area will serve the Community Redevelopment Agency's basic objective of
eliminating and preventing the spread of slum and blighted conditions
and the Community Redevelopment AgeDcy's economic objective to increase
the level of economic activity in the tax base within the Community
Redevelopment Area; and,
2
RES. NO. 86-90
WHEREAS, the City commission finds that the implementation of
a program by'the Community Redevelopment Agency to provide for a subsi-
dized loan program to allow the improvement to the exterior of buildings
within the Community Redevelopment Area will serve to facilitate the
above stated objectives.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF DELRAY BEACH, FLORIDA AS FOLLOWS:
Section 1. That the preamble stated above is hereby incorpo-
rated by reference herein, as findings of fact upon which this
resolution is based.
Section 2. The Community Redevelopment Plan is hereby modi-
fied in the following respects. All the following modifications shall
be inserted in the places indicated on Exhibit A.
Ao The following subsection, "Physical Appearance
Improvement", shalk be added to PART I: OVERVIEW OF THE COMMUNITY
REDEVELOPMENT PLAN; Redevelopment and Improvement Concepts Section.
Physical Appearance Improvement
"To enhance the physical appearance of the CRA district,
the CRA shall institute a "SUBSIDIZED LOAN PROGRAM" to
provide the property owners with funds for improvement of
building exteriors and facades. This program is aimed at
accomplishing the CRA's basic objective "To eliminate and
prevent the spread of slum and blighted conditions" and
the CRA's economic objective "To increase the level of
economic activity and the tax base within the Community
Redevelopment Area".
B. PART II: THE COMMUNITY REDEVELOPMENT PLAN; Future Public
Development Section is amended to add the following subsection; Physical
Appearance Improvement, to Page 35;
Physical Appearance Improvement.
"To facilitate the attraction of additional investment
from the private sector, the CRA shall develop programs
aimed at enhancing the physical appearance and market-
ability of the CRA District. One such program shall be
the provision of subsidized loans to motivated property
owners who wish to improve the physical appearance of
their property".
C. Table Four; A summary of Redevelopment costs on Page 37
shall be amended to add:
Subsidized loan program (maximum) $100,000.00
D. Subsection entitled E~vironmental Quality on Page 40 shall
be amended to add the following:
"The subsidized loan program will improve the physical
appearance of structures throughout the CRA District".
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RES. NO. 86-90
E. PART II. THE COMMUNITY REDEVELOPMENT PLAN; Sources of
Redevelopment Funding and Financing Subsection should be amended to add
the following subsection to Page 48:
Subsidized Loan Proqram
"The Plan proposes that the CRA allocates a maximum of
$100,000.00 in tax increment funds for the FY 90/91 for
this program. This fund will be used to buy down 100% of
the interest on (5-year maximum) loans provided to
property owners who wish to improve the physical improve-
ment of their building exterior or facade. Projects
approved under their program shall be completed by year
end ~991".
F. PART II: THE COMMUNITY REDEVELOPMENT PLAN; Immediate
Next Steps shall be amended to add Step 5, Establishment of a Subsidized
Loan Program,.on Page 54, to read as follows:
"Implementation. of this program shall be in 1990. The
CRA shall first establish a list of banks who will
participate in the program. Then, guidelines for
implementation of the program shall be adopted. Initial
funding for the program shall be at a maximum of
$100,000.00.
G. Appendix 4 on Page 64 is amended to add the following
subsection:
Subsidized Loan Programs
Maximum
Short-Ranqe: FY 1990/1991 $100,000.00
Section 3. That if any section, subsection, paragraph,
sentence or word or other provision of this resolution, or any portion
thereof, or its application to any person or circumstance, be declared
by a Court of competent jurisdiction to be invalid or unconstitutional,
such decision shall not effect the validity of any other section,
.subsection, paragraph, sentence, or word or provision or its application
to other persons or circumstances and shall not effect the validity of
the remainder hereof as a whole or part thereof other than the part
declared to be invalid.
PASSED AND ADOPTED in regular session on this 25th day of
September , 1990.
ATTEST:
City Cle~k - J /
4
RES. NO. 86-90
RESOLUTION NO. 86-90
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH,
FLORIDA, MODIFYING THE COMMUNITY REDEVELOPMENT PLAN FOR THE CITY
OF DELRAY BEACH TO PROVIDE FOR THE IMPLEMENTATION OF A REDEVELOP-
MENT PROGRAM WHEREBY THE DELRAY BEACH COMMUNITY REDEVELOPMENT
AGENCY WILL EXPEND TAX INCREMENTAL FINANCING FUNDS TO SUBSIDIZE
THE INTEREST ON LOANS OBTAINED BY PRIVATE PARTIES FOR THE PURPOSE
OF ENHANCING OR UPGRADING THE EXTERIOR OF PRIVATELY OWNED PROPER-
TIES WITHIN THE COMMUNITY REDEVELOPMENT AREA; FINDING THAT THE
MODIFICATION CONFORMS TO THE COMMUNITY REDEVELOPMENT ACT OF 1969,
AS AMENDED; FINDING THAT THE MODIFICATION IS CONSISTENT WITH THE
CITY OF DELRAY BEACH'S COMPREHENSIVE PLAN, AND MAKING FURTHER
FINDINGS PURSUANT TO THE APPLICABLE REQUIREMENTS OF FLORIDA
STATUTES SECTIONS 163.360(6) AND (7); AND PROVIDING FOR SEVER-
ABILITY.
The above ordinance is published by caption only as required by
State Law. The proposed ordinance may be inspected at the Office
of the City Clerk at the City Hall, 100 N.W. lst Avenue, Delray
Beach, Florida, from 8:00 A.M. to 5:00 P.M., Monday through
Friday, except holidays. The City Commission will meet in the
Commission Chambers at the City Hall on the 25th day of
September, 1990, at 7:00 P.M. (or at any continuation of such
meeting which is set by the Commission), at which time the
ordinance will be read by title only and all persons interested
will be given an opportunity to be heard. Please be advised that
if a person or persons decides to appeal any decision made by the
City Commission with respect to any matter considered at this
meeting or
hearing, such persons will need a record of these proceedings,
and for this purpose such persons may need to ensure that a
verbatim record of the proceedings is made, which record includes
the testimony and evidence upon which the appeal is to be based.
The City does not provide or prepare such record. Pursuant to
F.S. 286.0105.
PUBLISH: Delray Beach News CITY OF DELRAY BEACH
September 14, 1990 Alison MacGregor Harty
City Clerk
PROVIDE FOR
OFA RE-