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Panama City Commission adopts expansion of St. Andrews community redevelopment area
Summary
The Panama City Commission voted 4-0 April 8 to adopt Resolution 20250408.1, expanding the St. Andrews Community Redevelopment Area after a staff presentation and a public hearing that included concerns about marina parking and revenue sharing with Bay County.
The City Commission of Panama City on April 8 adopted Resolution 20250408.1 to expand the boundaries of the St. Andrews Community Redevelopment Area, a measure staff said responds to a GAI Consultants finding of necessity and Florida statutory criteria.
Staff presented background and a map showing the proposed expansion and noted that the County will retain 26% of incremental tax revenue generated by parcels in the expanded area. The staff report said the planning and CRE staff worked with county staff on that revenue split; staff recommended approval. The commission then opened a public hearing before voting to adopt the resolution.
The measure matters because a community redevelopment area, or CRA, allows tax increment revenues produced inside the designated area to be reinvested in streets, stormwater, sidewalks and other…
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