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Orange County CRA and Orange Blossom Trail Development Board September 21, 2010.

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Presentation on theme: "Orange County CRA and Orange Blossom Trail Development Board September 21, 2010."— Presentation transcript:

1 Orange County CRA and Orange Blossom Trail Development Board September 21, 2010

2 Presentation Outline BackgroundBackground CRA/OBTDB AgreementCRA/OBTDB Agreement Requested ActionRequested Action

3 Presentation Outline BackgroundBackground CRA/OBTDB AgreementCRA/OBTDB Agreement Requested ActionRequested Action

4 Background Orange County CRA created in 1990Orange County CRA created in 1990 Commonly called Orange Blossom Trail CRACommonly called Orange Blossom Trail CRA Recommendation of OBT Development BoardRecommendation of OBT Development Board –Finding of Slum and/or Blight BCC is the CRABCC is the CRA Governing Board

5 Background CRA Boundaries: Orange Blossom Trail CorridorOrange Blossom Trail Corridor –Colonial Drive –Interstate 4 –Rio Grande Ave –Westmoreland Ave

6 Background CRA contracted with OBT Development BoardCRA contracted with OBT Development Board –Original 1991 Agreement –Implement Redevelopment Programs –Consistent with Redevelopment Plan

7 Presentation Outline BackgroundBackground CRA/OBTDB AgreementCRA/OBTDB Agreement Requested ActionRequested Action

8 CRA/OBTDB Agreement New Agreement - May 2007New Agreement - May 2007 –Replaced 1991 Agreement –Reaffirmed Role of OBTDB –Enhanced Coordination –Provided for Consistency with County Processes and Procedures –Strengthened Role of BCC acting as the CRA –Renewable for two successive 2-year terms

9 CRA/OBTDB Agreement First Addendum - February 2008First Addendum - February 2008 –Maintenance responsibilities –Insurance/Indemnification requirements Second Addendum – September 2008Second Addendum – September 2008 –Renewed Agreement for first 2-year term

10 CRA/OBTDB Agreement Proposed Third AddendumProposed Third Addendum –Renews agreement for second 2-year term –Effective until September 30, 2012 –All other terms remain as previously approved

11 Presentation Outline BackgroundBackground CRA/OBTDB AgreementCRA/OBTDB Agreement Requested ActionRequested Action

12 Requested Action Approval of the Third Addendum to Agreement between the Orange County CRA and the OBT Development Board regarding redevelopment activities on behalf of the CRA extending the agreement for an additional two year term ending September 30, 2012.Approval of the Third Addendum to Agreement between the Orange County CRA and the OBT Development Board regarding redevelopment activities on behalf of the CRA extending the agreement for an additional two year term ending September 30, 2012.


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