Meeting Type: BCC Regular Meeting
Meeting Date: 1/16/2024
Item Status: New
From: Roger H. Rendleman, County Administrator
Submitted by: Anu Gary, Administrative Services Manager
______________________________________________________________________
ITEM TITLE
Title
*Proposed Creation of a Tax Increment Financing (TIF) District in Baldwin County
End
STAFF RECOMMENDATION
Recommendation
Conduct 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.
BACKGROUND INFORMATION
Background: During the public hearing, all interested parties will be afforded the opportunity to express their views on the concept of tax increment financing, the proposed creation of a tax increment district and its proposed boundaries, and its benefits to the public entity. The proposed TIF District includes certain parcels of real property as depicted on Exhibit A (attached).
Previous Commission action/date:
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?
N/A
Reviewed/approved by: N/A
Additional comments: N/A
ADVERTISING REQUIREMENTS
Is advertising required for this recommendation? Public hearing to be advertised in The Baldwin Times (Gulf Coast Newspapers) on the 5th and 12th of January 2024. Proofs of publication forthcoming from Patrick Dungan.
If the proof of publication affidavit is not attached, list the reason: Forthcoming from staff.
FOLLOW UP IMPLEMENTATION
For time-sensitive follow up, select deadline date for follow up: N/A
Individual(s) responsible for follow up:
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: Administration:
1) Following the January 16, 2024, BCC public hearing, a copy of the proposed tentative project plan will need to be made available for public viewing in the County Administrator’s Office and online at baldwincountyal.gov.
2) Set up special called BCC meeting to meet with DTR representatives, date TBD.