The Central Community Redevelopment Agency of the City of Bradenton (City), Florida, a public body corporate and politic of the State of Florida created pursuant to Title XI, Chapter 163.330-163.45, Part III Florida Statutes (the “CCRA”), was created in 2000 and funded by Tax Increment Financing (TIF) revenue as a special taxing district of the City. The CCRA was created to eliminate slum and blight, and to create economic growth and employment opportunities for the residents of the area of operation of the CCRA and throughout the City.
This designation provides the CCRA a dedicated funding source to support targeted economic development projects and allows the CCRA to leverage outside funds to expand the reach of its TIF revenue. The CCRA’s targeted areas are between 6th Street West, 27th Street East, Martin Luther King Avenue, and 13th Avenue (see attached Exhibit “A” CCRA boundary map, which is attached hereto). With the creation of the CCRA, the City of Bradenton also demonstrated its commitment to the HOPE VI Bradenton Village project through the ongoing commitment of tax revenue. The CCRA maintains a strategic alliance with the Bradenton Housing Authority, the City of Bradenton, and Manatee County.
This Request for Qualifications and Request for Proposals is issued in accordance with Florida Statutes Section 163.380. Pursuant to Florida Statutes Section 163.380(3)(a), the CCRA is declaring its intent to have its properties developed (see properties depicted in Exhibits “B” and “C”, which are attached hereto) and is seeking proposals from private developers or any persons interested in undertaking the redevelopment of these two project sites for commercial, residential, and mixed purposes, as described in this document.