Meeting Type: BCC Special Meeting
Meeting Date: 2/20/2024
Item Status: New
From: Roger H. Rendleman, County Administrator
Submitted by: Anu Gary, Administrative Services Manager
______________________________________________________________________
ITEM TITLE
Title
Proposed Creation of Tax Increment Financing (TIF) District in Baldwin County
End
STAFF RECOMMENDATION
Recommendation
No action by the Baldwin County Commission is required at this time.
Related to the proposed creation of a Tax Increment Financing (TIF) District in Baldwin County, Alabama, tentatively titled Tax Increment Financing District 1 (“TIF D1”), the Baldwin County Commission and the representatives of the deferred tax recipients for the proposed Tax Increment Financing District will discuss the following:
1) The boundaries of the tax increment district, development within such district, the exclusion of particular parcels of property from such district, and tax collection for such district; and
2) Any other matters relevant to the proposed tax increment district.
BACKGROUND INFORMATION
Background: N/A
Previous Commission action/date:
January 16, 2024, BCC Regular Meeting - The Commission conducted a public hearing regarding the proposed creation of a tax increment financing district (“TIF District”), tentatively titled Tax Increment Financing District 1 (“TIF D1”), within the jurisdictional boundaries of Baldwin County pursuant to Ala. Code §§ 11-99-1 et seq.
December 19, 2023, BCC Regular Meeting - The Commission adopted Resolution #2024-057 calling for a public hearing proposing the creation of a Tax Increment Financing (TIF) District in Baldwin County, authorizing the preparation of a project plan, authorizing the Chairman of the County Commission to perform certain actions required by Alabama law, and directing the publication of the resolution as required by Alabama law.
FINANCIAL IMPACT
Total cost of recommendation: N/A
Budget line item(s) to be used: N/A
If this is not a budgeted expenditure, does the recommendation create a need for funding? N/A
LEGAL IMPACT
Is legal review necessary for this staff recommendation and related documents?
Yes.
Reviewed/approved by: Patrick Dungan, Adams & Reese 01/19/2024 akg
Additional comments: Ala. Code Section 11-99-4 - Creation of Tax Increment Districts and Approval of Project Plans.
ADVERTISING REQUIREMENTS
Is advertising required for this recommendation? Special BCC Meeting public notice posted 02/06/2024.
If the proof of publication affidavit is not attached, list the reason: N/A
FOLLOW UP IMPLEMENTATION
For time-sensitive follow up, select deadline date for follow up: N/A
Individual(s) responsible for follow up: Administration, if necessary.
Contacts:
Patrick Dungan, Adams & Reese - Patrick.Dungan@arlaw.com
Britton Bonner, Adams & Reese - Britton.Bonner@arlaw.com
Taylor Pecci, Adams & Reese - Taylor.Pecci@arlaw.com
Lee Lawson, BCEDA - llawson@baldwineda.com
Roger Rendleman, County Administrator
Action required (list contact persons/addresses if documents are to be mailed or emailed): N/A
Additional instructions/notes: N/A