File #: 22-0566    Version: 1 Name:
Type: Public Hearings Status: Agenda Ready
File created: 3/8/2022 In control: Board of Commissioners
On agenda: 8/17/2022 Final action: 8/17/2022
Title: Public Hearing: (CONDUCTED) NO SPEAKERS A) Approval of a Resolution amending the Fulton Industrial Boulevard Redevelopment boundaries to encompass the remaining unincorporated portion of the County; B) Adoption of the Fulton Industrial District Fulton County Urban Redevelopment Plan to support the designation of a new Georgia Opportunity Zone.
Attachments: 1. Fulton County URP 7-21-22 Final_compressed, 2. 06.20.2022 Resolution to Amend FIB URA Boundaries, 3. 2022-0566 URP URA OZ Presentation BOC 8.11.22, 4. 2022-0566

 

Department

Select Fulton

 

Requested Action (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)

title

Public Hearing: (CONDUCTED)

 

NO SPEAKERS

 

A) Approval of a Resolution amending the Fulton Industrial Boulevard Redevelopment boundaries to encompass the remaining unincorporated portion of the County;

B) Adoption of the Fulton Industrial District Fulton County Urban Redevelopment Plan to support the designation of a new Georgia Opportunity Zone.

body

 

Requirement for Board Action (Cite specific Board policy, statute or code requirement)

Pursuant to O.C.G.A. § 36-61-7, Georgia's Urban Redevelopment Law requires that the Board of Commissioners hold a public hearing and adopt the urban redevelopment plan.

 

Strategic Priority Area related to this item (If yes, note strategic priority area below)

Infrastructure and Economic Development

 

Commission Districts Affected

All Districts                     

District 1                     

District 2                     

District 3                     

District 4                     

District 5                     

District 6                     

 

Is this a purchasing item?

No

 

Summary & Background (First sentence includes Agency recommendation. Provide an executive summary of the action that gives an overview of the relevant details for the item.)

 

Scope of Work:
Staff recommends approval of the following:
1. Amendment of the Fulton Industrial Boulevard Redevelopment Area
2. Adoption of the Fulton Industrial District Fulton County Urban Redevelopment Plan

The original Urban Redevelopment Plan (URP) for the Fulton Industrial Boulevard area, known as the Fulton Industrial Boulevard Redevelopment Framework, was prepared and adopted in 2010 by Fulton County. The City of South Fulton was incorporated in 2017, and included much of the original Urban Redevelopment Area (URA) area south of Interstate 20.

The current Urban Redevelopment Plan is being updated for three key purposes:
1. To accommodate the jurisdictional changes in the majority of the district that have resulted from the incorporation of the City of South Fulton; the original 2010 URP document will be split into two, and each portion will be adopted by the by the relevant jurisdiction, in this case Fulton County; this plan, newly titled the Fulton County Urban Redevelopment Plan, should be viewed as a continuation of and update to the original Fulton Industrial Boulevard Redevelopment Framework;
2. To demonstrate that conditions within the Urban Redevelopment Area continue meet the criteria for a URP set forth in Georgia’s Urban Redevelopment Law (O.C.G.A. § 36-61-1 et seq.);
3. To support the designation of a new Opportunity Zone mostly centered around I-20, which includes the most blighted parcels in the URA.

 

Community Impact: Support the designation of a new Georgia Opportunity Redevelopment incentive program that encourages job creation; Provides for job creation tax credits of $3,500 per new job created in Opportunity Zone

 

Department Recommendation: Staff recommends approval of the following:
1. Amendment of the Fulton Industrial Boulevard Redevelopment Area
2. Adoption of the Fulton Industrial District Fulton County Urban Redevelopment Plan

 

Project Implications: Supports redevelopment activities under the Renew The District plan to stimulate new investment and job creation on the Fulton Industrial Boulevard and Executive Airport.

 

Community Issues/Concerns: None

 

Department Issues/Concerns: None