1. Volusia County Council Meeting August 9, 2012

3.  City Commission acts as CRA Board

6. Downtown Master Plan Update (2007) depicts preferred concepts that reflect the existing and desired vision articulated for the Creek, River and Ocean Districts. Creek District – Intended to enhance the existing suburban style development pattern. River District – Traditional downtown appearance enhanced with similar form and function. Ocean District – More intensive infill housing with mix use development along Granada and the side streets. Today The Vision

7. Issue SummaryStrategyImplementation Nondescript buildingsphysicalDesign guidelines Bldg. conditionsphysicalImprovement grants Substandard infrastructure physicalStormwater and utility improvements Maximize use of OSphysicalOS venue improvements Taming of SR40physicalStreetscape improvements Suburban characterregulatoryEmphasize form – not use Lack of pedestriansBus. supportCreate special events Business vacancyBus. Assist.Marketing, advertising

8. Downtown transformation 195 W. Granada 136 W. Granada 50 New Britain Vinning Court Streetscape 150-156 W. Granada (Under Construction) Public Way Signage 362 W. Granada

9. ProjectCost Vinning Court Streetscape$425,300 Public Way Signage$93,100 Building Improvements Grant$106,000 LED Street Light Conversion$432,000 Stormwater Master Plan & Conceptual Permit$125,000 Total spent or obligated$1,181,400

10. ProjectPrivate Investment $ 362 West Granada Boulevard$192,723 195 West Granada Boulevard$450,000 150-156 West Granada Boulevard$207,570 50 New Britain$112,700 136 West Granada$327,000 Total$1,289,993 Leverage ratio: ($1TIF:$4.30 Private)

11. DescriptionProject CostFund Balance Balance as of 10.1.11$3,069,851 Stormwater Implementation$500,000$2,569,851 Underground Utilities & Landscape Median - Granada $1,700,000$869,851 Thompson Creek Bike Trail$298,250$571,601 LED Side Street Light Conversion$130,000$441,601 Property Improvement Grants$425,000$16,601 Transit Assistance$16,601$0

12.  100% of all TIF expended revenues benefit residents and businesses in the CRA District. No administrative costs are charged to the CRA District.  The contributing TIF partners to this redevelopment effort benefit from the demonstrated confidence exhibited by private sector capital investment in the downtown CRA. On behalf of Ormond Beach & the City Commission, thank you for the support and an opportunity to share our story with you.