Substitute
Public Hearing: YES ☒ NO ☐ Department: Planning and Sustainability
SUBJECT:
Title
Commission District(s): All Districts
Application of the DeKalb County Board of Commissioners to consider approving a resolution to adopt updates to the Urban Redevelopment Plan.
Body
Information Contact: Andrew Baker
Phone Number: 404-687-7154
PURPOSE:
The Plan sets out a framework for DeKalb County to strategically direct resources and investments within a designated urban redevelopment area (“URA”) and allows DeKalb County to apply for the Georgia Opportunity Zone Job Tax Credit Program (“OZ”) per O.C.G.A. § 48-7-40.1(c)(4) and Rule 110-24-1-.01.
NEED/IMPACT:
This Urban Redevelopment Plan is an update to the current URP for DeKalb County, which was adopted in 2013. The URA has been redrawn to account for newly incorporated areas and annexations that have occurred.
FISCAL IMPACT:
No cost to the County.
RECOMMENDATION:
Recommended Action
Planning staff recommends approval, based on the Urban Redevelopment Area (URA) following the Designation Criteria for Opportunity Zones as defined in Rule 110-24-1-.01(5)(b)(1). These are described in the Summary of Conditions as: Unemployment, Building Permit Activity, and Code Enforcement cases. The URA is not used to designate areas of the county that are “bad” or “less desirable” than other areas. It is simply to identify areas of the county which can benefit from additional investment; adopting the URP is one tool which can be used to encourage that investment. Therefore, the recommendation from Staff is for “Approval”.