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CRA board discusses Florence Villa bus shelters, upfront TIF rebates, CDFI and First Street redevelopment
Summary
Board members reviewed plans to add bus shelters in CRA districts, develop an upfront cash TIF rebate for small projects, explore seeding a local CDFI, and proceed with a First Street corridor planning and property-assembly effort.
Board members at the March 10 Winter Haven CRA meeting discussed a package of small-business and infrastructure initiatives for the Florence Villa and Downtown CRAs, including bus-shelter placement, a proposed upfront cash TIF reimbursement program, support for a Hartford Winter Haven-backed community development financial institution (CDFI), and a First Street corridor redevelopment effort.
Angie Hibbard, CRA manager, and other staff described ongoing coordination with Florida Citrus Connection to identify the highest-ridership bus stops and a continuing-contract engineering firm to design shelters and right-of-way improvements. Staff said only two of the system’s top stops initially identified fall within the CRAs and that funding has been set aside in both the Florence Villa and Downtown CRA budgets to construct bus stops in eligible locations. Staff added the city would manage…
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