Title
RESOLUTION NO. CRA-23R-08-10: A RESOLUTION AMENDING CRA-RESOLUTION NUMBER 23R-01-01 TO UPDATE THE PROPERTY TAX REIMBURSEMENT (PTR) PROGRAM TO AMEND THE GUIDELINES FOR DIRECT FINANCIAL INCENTIVES AS REFERENCED IN THE CITY OF LAUDERHILL STATE ROAD 7 COMMUNITY REDEVELOPMENT PLAN; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY EXECUTIVE DIRECTOR, SEAN HENDERSON).
Body
Request Action:
A Resolution amending Resolution Number CRA-23R-01-01 to update the Property Tax Reimbursement (PTR) Program to amend the guidelines for direct financial incentives as referenced in the City of Lauderhill State Road 7 Community Redevelopment Plan.
Need:
Approve amendment to the Property Tax Reimbursement (PTR) Program guidelines and incentives.
Summary Explanation/ Background:
Pass a Resolution to amend CRA-Resolution Number 23R-01-01 to update the Property Tax Reimbursement (PTR) Program to amend the guidelines for direct financial incentives as referenced in the City of Lauderhill State Road 7 Community Redevelopment Plan.
Attachments:
CRA-Resolution 23R-01-01
Cost Summary/ Fiscal Impact:
Include projected cost, approved budget amount and account number, source of funds, and any future funding requirements
Estimated Time for Presentation:
Master Plan:
Goal 1: Clean, Green Sustainable Environment
[ ] Increase mass transit ridership [ ] Reduce City energy consumption
[ ] Reduce water consumption
Goal 2: Safe and Secure City of Lauderhill
[ ] Crime in lower 50% in Broward [ ] Residents feel safe in neighborhood
[ ] Reduce emergency fatalities
Goal 3: Open Spaces and Active Lifestyle for all ages
[ ] Increase participation in youth sports [ ] Add new park land and amenities
[ ] Increase attendance at cultural programs and classes
Goal 4: Growing Local Economy, Employment and Quality of Commercial Areas
[ ] Increase commercial tax base [ ] Increase employment in Lauderhill businesses
[ ] Decrease noxious and blighted uses in commercial areas
Goal 5: Quality Housing at all Price Ranges and Attractive Communities
[ ] Neighborhood signs and active HOAs [ ] Housing & streets improved, litter reduced
[ ] Increase proportion of single family homes and owner occupied housing
Goal 6: Efficient and Effective City Government, Customer Focused & Values Diversity
[ ] Improves City efficiency [ ] Increase use of Information Technology
[ ] Increases residents perception of Lauderhill as an excellent place to live