1. Alachua County Mobility Plan Southwest Alachua County Transportation Improvement District Jonathan B. Paul, AICP, MA 2 Jeffrey L. Hays Chris Dawson, AICP Fiscal Impact Analysis

2. Tax Increment Finance Plan Tax Increment Finance Plan Use % of increase in new general tax revenue for mobility Use % of increase in new general tax revenue for mobility Anchored by Transit Oriented Development Anchored by Transit Oriented Development Consistent with Capital Improvements Element Consistent with Capital Improvements Element Allows County or Developer to front-end infrastructure Allows County or Developer to front-end infrastructure Mechanism to fund rapid transit service Mechanism to fund rapid transit service TRANSPORTATION IMPROVEMENT DISTRICT

3. Not a new tax or fee Not a new tax or fee Not a Community Redevelopment Area Not a Community Redevelopment Area Not a developer giveaway Not a developer giveaway Not a property tax break Not a property tax break Not permanent commitment Not permanent commitment WHAT IT IS NOT

4. Investment in Transportation Mobility Supports TODs as sustainable land use pattern Opportunity to expand tax base Potential to be a Public / Private Partnership Incentive for economic development & job creation Promote infill & redevelopment back towards Gainesville Clear commitment to Mobility & Sustainability WHY DO IT?

5. MOBILITY Consistent with Capital Improvements Element Consistent with Capital Improvements Element

6. TRANSIT ORIENTED DEVELOPMENT

7. SOUTHWEST DISTRICT

8. FISCAL IMPACT Utilized Fishkind Fiscal Impact Analysis Model Utilized Fishkind Fiscal Impact Analysis Model Projected Future Revenues based on Celebration Pointe Projected Future Revenues based on Celebration Pointe Projected Future Expenditures based on existing budget Projected Future Expenditures based on existing budget 2012-2035 resulted in $33.7 million surplus after TID is funded 2012-2035 resulted in $33.7 million surplus after TID is funded

9. FISCAL IMPACT 2012-2035 resulted in $33.7 million surplus after TID is funded 2012-2035 resulted in $33.7 million surplus after TID is funded

10. FISCAL IMPACT 2012-2035 resulted in $-195,910 deficit after TID is funded 2012-2035 resulted in $-195,910 deficit after TID is funded Based on 600 units consistent with underlying land use

11. 50% ALLOCATION Same Fiscal Analysis using 50% of Tax Increment Same Fiscal Analysis using 50% of Tax Increment 2012-2035 resulted in $19.2 million surplus after 50% of 2012-2035 resulted in $19.2 million surplus after 50% of Increment is removed Due to current budgeting uncertainties staff does not Due to current budgeting uncertainties staff does not recommend utilizing this higher percentage.

12. DEVELOPMENT COMPARISON DevelopmentHaile PlantationSouthwest DistrictCelebration Pointe Acres1,628350115 Miles of Road37103 Residential Units2,6863,5002,250 Residential Density 1.65 DU / ACRE10 DU / ACRE20 DU / ACRE Non-Residential280,0001,100,000896,000 Non-Residential Density / FAR 40 SF / CAPITA137 SF / CAPITA175 SF / CAPITA Hotels0750250

13. % FUTURE GENERAL AD VALOREM REVENUE

14. STAFF RECOMMENDATION Receive report and direct staff to continue with development of Southwest Alachua County Transportation Improvement District Ordinance