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HomeMy Public PortalAbout13-8628 Business Improvement District in the Niles Gardens Area Sponsored by: City Manager RESOLUTION NO. 13-8628 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF OPA-LOCKA, AUTHORIZING THE CITY MANAGER TO TAKE ALL NECESSARY STEPS AND/OR ACTIONS TO CREATE A BUSINESS IMPROVEMENT DISTRICT (BID) IN THE NILES GARDENS AREA; PROVIDING FOR INCORPORATION OF RECITALS; PROVIDING FOR AN EFFECTIVE DATE WHEREAS, there is a need for a comprehensive approach to address deficiencies in the Nile Gardens area by the development of a Business Improvement District ("BID"); and WHEREAS, the BID is a public/private partnership that provides a unique funding tool to pool financial resources from BID member businesses by way of self-assessed fees; and WHEREAS, the BID goal is to transform and improve distressed business areas into an efficient, fiscallyl viable business district; and WHEREAS, as an organized unit working together, the BID members can contribute to positive changes to the development of the business district, which may include infrastructure, streetscape improvement, marketing and advertising efforts; and WHEREAS, in support of a BID, the City Commission of the City of Opa-locka authorizes the City Manager to take the necessary steps to create a Business Improvement District in the Niles Garden Area, that is physically and financially viable over the long-term. NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF OPA-LOCKA, FLORIDA: Section 1. The recitals to the preamble herein are incorporated by reference. Resolution No. 13-8628 Section 2. The City Commission of the City of Opa-locka authorizes the City Manager to take all of the necessary steps and actions to create a Business Improvement District for the Nile Gardens area subject to final approval by the City Commission. Section 3. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 26th day of June, 2013. MY TAYLOR MAYOR Attest to: __sjA,-,, io,. Sha'mecca Lawson Deputy Clerk •'�proved to fo ! and legal . ` ciency: 4 I AI�V'I Ai. 1 . 11141 bsa,' S. Viler I' :ENS'OON MARDER PA CIt Atto ey Moved by: COMMISSIONER JOHNSON Seconded by: COMMISSIONER HOLMES Commission Vote: 4-1 Commissioner Holmes: YES Commissioner Johnson: NO Commissioner Santiago: YES Vice-Mayor Kelley: YES Mayor Taylor: YES 8086837 vl 4 OQp•Look\ Op 1. iR� p 4pogpg City of Opa-Locka Agenda Cover Memo Commission Item Type: Resolution Ordinance Other Meeting Date: June 26, 2013 (Enter X in X box) Ordinance Reading: 1st 2"d Reading Yes No (Enter X in box) Reading Fiscal Impact: Undetermined Yes No Yes No X Public Hearing: (Enter X in box) X Funding Source: (Enter Fund Advertising Requirement: Yes No N/A &Dept)N/A (Enter X in box) X Contract/P.O. Yes No Required: X RFP/RFQ/Bid #: N/A (Enter X in box) Yes No Strategic Plan Priority Area: Strategic Plan Obj./Strategy: Strategic Plan Enhance Organizational El Related Bus. & Economic Dev I] N/A (Enter X in box) X Public Safety 0 Quality of Education 0 Qual. of Life & City ImageN Communcation 0 Sponsor Name City Manager Department: Community Development Short Title: A Resolution of the City Commission to direct the City Manager to take all necessary steps and actions to create a Business Improvement District (BID) in the Nile Garden Area. Staff Summary There is a need to provide a comprehensive approach to address deficiencies in the Nile Gardens area by the development of a Business Improvement District (BID). The goal of a Business Improvement District is to transform distressed business areas into an economic improvement area that is fiscally viable over the long term. The BID will provide a means to improve the Business Improvement District 6-13-13 1 infrastructure in the Nile Gardens area, specifically street and sidewalk improvements and lighting and storm water improvements. A Business Improvement District is a public/private partnership and a unique funding tool used to pool financial resources from certain BID member businesses by way of self-assessed fees. In turn, the annual assessment is used to engage in improvements to the area where the BID is located. By working together as an organized unit, the BID members are able to contribute to positive changes to the business district, which may include infrastructure and streetscape improvements, business development, and/or marketing and advertising efforts for district businesses. BIDs offer several advantages, including cleaner and safer business districts, a reliable funding source for services and programs, potential to increase property values and decrease vacancy rates, and competitive advantage over other similar businesses in the area. (Source: Carras Community Investment, Inc. BID Report, March 2012). Proposed Action: Staff recommends approval. Attachments: BID Resolution Draft Business Improvement District 6-13-13 2 OQp•LOCk4: Chi, •.\ O K.„_.. 4AORAt 6% Memorandum TO: Myra L. Taylor, Mayor Joseph L. Kelley, Vice Mayor Timothy Holmes, Commissi ner t Dorothy Johnson, Commissi ner Luis B. Santiago, Commissioner Z 1 I FROM: Kelvin L. Baker, Sr., City Manag=r DATE: June 13, 2013 V RE: A Resolution of the City Commission to direct the City Manager to take all necessary steps and actions to create a Business Improvement District (BID) in the Nile Garden Area. Request: A Resolution of the City Commission to direct the City Manager to take all necessary steps and actions to create a Business Improvement District (BID) in the Nile Gardens Area. Description: There is a need to provide a comprehensive approach to address deficiencies in the Nile Gardens area by the development of a Business Improvement District (BID). The goal of a Business Improvement District is to transform distressed business areas into an economic improvement area that is fiscally viable over the long term. The BID will provide a means to improve the infrastructure in the Nile Gardens area, specifically street and sidewalk improvements and lighting and storm water improvements. A Business Improvement District is a public/private partnership and a unique funding tool used to pool financial resources from certain BID member businesses by way of self-assessed fees. In turn, the annual assessment is used to engage in improvements to the area where the BID is located. By working together as an organized unit, the BID members are able to contribute to positive changes to the business district, which may include infrastructure and streetscape improvements, business development, and/or marketing and advertising efforts for district businesses. BIDs offer several advantages, including cleaner and safer business districts, a reliable funding source for services and programs, potential to increase property values and Business Improvement District 6-13-13 1 decrease vacancy rates, and competitive advantage over other similar businesses in the area. (Source: Carras Community Investment, Inc. BID Report, March 2012). Financial Impact: A financial impact assessment has not been prepared by the Finance Department as the assessment is based on the size and participation of the impacted businesses. Implementation Time Line: Immediately Legislative History: None Staff Recommendation: Staff recommends approval. Attachment(s) Draft BID Resolution Prepared By: Gerald Lee, City Planner Howard Brown, A.I.C.P., Director Community Development Department Elbert L. Waters, J.D. Business Improvement District 6-13-13 2