Page 2 - 2018 Annual Report

OCOEE CRA AGENT for Change

Ocoee CRA TABLE OF CONTENTS CRAs Facilitate Community Revitalization Fifty West Redevelopment District
Directing REDEVELOPMENT
150 N. Lakeshore Drive | Ocoee, FL 34761 Community Redevelopment Agencies (CRAs) are important The Ocoee Community Redevelopment District, now known as
407.905.3100 x 1028 in facilitating and validating the revitalization of economically Fifty West, was established in 2006 and consists of 1,070 acres
OCOEE CRA, AGENT FOR CHANGE 3 underperforming blighted areas. CRAs are created at the local level centering on State Road 50, Ocoee’s primary commercial corridor.
BOARD MEMBERS to provide not only a governing board, but also to gain access to tax With the District currently set to sunset in 2036, redevelopment as
increment financing (TIF). articulated by the District’s Vision Statement, Redevelopment Plan
John Grogan, Commissioner and CRA Chair ALL ROADS LEAD TO OCOEE 4 and subsequent planning initiatives, such as the Special Area Target
Richard Firstner, Commissioner and CRA Vice Chair TIF revenues are generated from increasing property values within Development Plan, is starting to be realized.
Rusty Johnson, Mayor and CRA Board Member MEASURING SUCCESS 5 a redevelopment district as public infrastructure improvements During physical year 2017-2018 the Ocoee CRA met on
are made and through private investment. The increment in tax
Rosemary Wilsen, Commissioner and Board Member revenue over the level of the base year is paid into the District’s November 11, 2017, January 16, 2018, April 12, 2018, and
IMPLEMENTING THE VISION 6
George Oliver III, Commissioner and CRA Board Member Redevelopment Trust Fund and is to be used only within the September 5, 2018. For a schedule of upcoming CRA Board
District as called for in the Community Redevelopment Plan meetings visit http://www.ocoeecra.com/284/CRA-Meeting-Dates
Todd Duncan, Citizen CRA Board Member BREAKING NEW GROUND 8 and annual budgeting process. or call the Fifty West CRA office at (407) 905-3100 ext. 1028.
Randy June, Orange County CRA Board Member
OPEN FOR BUSINESS 10 CRAs use tax increment revenues to leverage other monies such as The Ocoee CRA is an Tax increment revenues
STAFF grants and public/private partnerships. The recvenues are also for “Agent for Change” and stay in the District, allowing
well positioned with
the planning and implementation of public infrastructure projects.
Rob Frank, City Manager/CRA Executive Director BEAUTIFYING FIFTY WEST 11 increasing revenues and the CRA to invest in public
Craig Shadrix, Assistant City Manager private reinvestment to create infrastructure and stimulate
ENGAGEMENT IS KEY 12 Fifty West as a thriving
Michael Rumer, City Planner contemporary commercial private reinvestment.
Virginia “Ginger” Corless, CRA Administrator REPORTING THE NUMBERS 13 destination that provides
Shannon Hopper, CRA Administrative Assistant diverse employment
opportunities and enhances the
HORIZON 2019 14 quality of life for not only the
LEGAL COUNSEL businesses and residents of the
Scott A. Cookson, Esq., Shuffield, Lowman & Wilson, PA CULTIVATING OUR EXISTING BUSINESSES 15 District, but the entire region.

This Annual Report serves to meet the requirements of Section 163.3 9 (c), Florida Statutes, whereas, each CRA in Florida must prepare a report
of its activities for the preceding fiscal year. Covering Fiscal Year (FY) 2017-2018, this Report will be posted at www.ocoeecra.com and available for
viewing at the City of Ocoee Clerk’s Office and CRA’s Office, 150 N. Lakeshore Drive, Ocoee, FL 34761.

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