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Intown Redevelopment Area

Legal Name of District and Date Established

The Tax Increment Financing District and Redevelopment Trust Fund for the “Intown Community Redevelopment Area” (Intown CRA Dependent Special District) was approved by St. Petersburg City Council on April 15, 1982, and the Pinellas County Board of County Commissioners on August 3, 1982.

Public Purpose

The Intown CRA Dependent Special District was established to remedy blighting conditions within the Intown Community Redevelopment Area, pursuant to the authority provided by the Florida Community Redevelopment Act of 1969.

Boundaries

The Intown CRA Dependent Special District ranges throughout Downtown St. Petersburg from the Renaissance Vinoy Hotel in the northeast, Tropicana Field in the southwest, and borders Albert Whitted Airport on the southeast.  It also includes the University Park neighborhood, the City’s waterfront park system and the commercial core of downtown along Central Avenue.  The City declared Intown a community redevelopment area in 1981 and prepared the Intown Redevelopment Plan (IRP) in 1982.  The IRP also incorporated the Gas Plant Redevelopment Area and Plan – a plan initially approved in 1978 on the current Tropicana Field site – in 1983. The City established a tax increment financing district and redevelopment trust fund for Intown in 1982.

Services Provided

The Intown CRA Dependent Special District provides a sustainable and durable source of financing for public improvement projects designed to catalyze private development in Downtown St. Petersburg. Some of the projects funded in the Special District TIF revenues since its inception through include the development of two public parking garages, renovations to the Mahaffey Theater, partial funding to construct Tropicana Field in the late 1980s and later renovations to accommodate Major League Baseball, and acquisition of property throughout downtown to consolidate development sites. 

Authorizing Statute

Florida’s Community Redevelopment Act of 1969 (Chapter 163, Part III), Section 163.330 et seq.

Authorizing Documents

The Intown CRA Dependent Special District was established under the requirements of Florida’s Community Redevelopment Act of 1969, which authorizes the creation of a tax increment financing district and redevelopment trust fund to remedy slum and blight (as defined by Sec. 163.340(8)).  The instruments below were approved by St. Petersburg City Council and the Pinellas County Board of County Commissioners in order for the special dependent district to be established. 

  • June 30, 1981 -  Pinellas County Board of County Commissioners delegate authority to City Council to act as community redevelopment agency and prepare a community redevelopment plan (Resolution 81-465).
  • December 17, 1981 St. Petersburg City Council Approves a findings of necessity establishing Intown as a community redevelopment area under Florida’s Community Redevelopment Act of 1969 (Resolution 81-1401).
  • March 18, 1982 - St. Petersburg City Council Adopts Intown Redevelopment Plan (Ordinance 557-F).
  • April 15, 1982 - St. Petersburg City Council approves establishment of a Tax Increment Financing District and Redevelopment Trust Fund for the Intown Community Redevelopment Area (Ordinance 570-F).
  • August 3, 1982 - Pinellas County Board of County Commissioners Approves Community Redevelopment Plan, Tax Increment Financing District and Redevelopment Trust Fund for the Intown Redevelopment Area (Ordinance 82-24).

Contact Information

Registered Agent
Dave Goodwin, Director
City of St. Petersburg
Planning and Economic Development Department
One 4th Street North
St. Petersburg, Florida, 33701
Governing Body
St. Petersburg Community Redevelopment Agency*
St. Petersburg City Hall
175 5th Street North
St. Petersburg, Florida, 33701
727-893-7117
council@stpete.org

Staggered Four-year Term Lengths

* St. Petersburg City Council is solely delegated the authority to serve as the Agency by the Pinellas County Board of County Commissioners, pursuant to Sec. 163.357 and Sec. 163.410, FS.

Revenue Information

**FY2017 Revenue:                        

 City of St. Petersburg TIF Contribution   $7,459,332
 Pinellas County TIF Contribution   $5,274,337
 Interest Earnings $115,000
 Total    $12,848,669

** Estimates based on Pinellas County Property Appraisers Office "2016 Taxable Value by Tax Increment Financing District Increment Adjustment Worksheet” as of July 1, 2016, Preliminary Tax Roll."

FY2017 Millage Rates:                   

 City of St. Petersburg    6.755
 Pinellas County        5.773
 Total    12.528


Statutory Authority for Levy:

Section 163.387 of Florida Statutes, Community Redevelopment Act of 1969

General Financial Information

Fiscal Year Period:             
October 1st thru September 30th

Tentative Budget:                
Not applicable

Final Adopted Budget:       
FY17 Recommended Operating and Capital Improvement Budget
FY17 Recommended Budget Supplement

Budget Amendments:                   
In 2016, City Council approved an amendment expanding the Intown Redevelopment Plan program budget from $97.4 million to $117.4 million to pay for improvements to the Pier Approach. The amendment was approved by the Pinellas County Board of County Commissioners in October 2015.

Access to State Website:  
https://apps.fldfs.com/LocalGov/Reports/

Final Audit Report:              
2015 Comprehensive Annual Financial Report

Ethics

Fl Commission on Ethics:
http://www.ethics.state.fl.us/

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City of St. Petersburg
P.O. Box 2842
St. Petersburg, FL 33731

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