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Orange County CRA and Orange Blossom Trail Development Board

Orange County CRA and Orange Blossom Trail Development Board. October 2, 2012. Presentation Outline. Background CRA/OBTDB Agreement Requested Action. Presentation Outline. Background CRA/OBTDB Agreement Requested Action. Background. Orange County CRA created in 1990

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Orange County CRA and Orange Blossom Trail Development Board

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  1. Orange County CRA and Orange Blossom Trail Development Board October 2, 2012

  2. Presentation Outline • Background • CRA/OBTDB Agreement • Requested Action

  3. Presentation Outline • Background • CRA/OBTDB Agreement • Requested Action

  4. Background • Orange County CRA created in 1990 • Commonly called “Orange Blossom Trail CRA” • Recommendation of OBT Development Board • BCC is the CRA Governing Board

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

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

  7. Presentation Outline • Background • CRA/OBTDB Agreement • Requested Action

  8. CRA/OBTDB Agreement • New 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 2-year terms

  9. CRA/OBTDB Agreement • First Addendum – February 2008 • Maintenance responsibilities • Insurance/Indemnification requirements • Second Addendum – September 2008 • Renewed Agreement for first 2-year term • Third Addendum – September 2010 • Renewed Agreement for second 2-year term

  10. CRA/OBTDB Agreement • Proposed Fourth Addendum • Renews agreement for additional 2-year term • Effective until September 30, 2014 • All other terms remain as previously approved

  11. Presentation Outline • Background • CRA/OBTDB Agreement • Requested Action

  12. Requested Action • Approval of Fourth Addendum to Agreement between the Orange County CRA and the OBT Development Board, Inc. regarding redevelopment activities on behalf of the CRA extending the agreement for an additional two-year term ending September 30, 2014.

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