Title
Resolution - A Resolution Authorizing a Professional Services Agreement with Gateway Planning Group, Inc. for a Historic Mansfield Master Plan and Other Documents for the Establishment of a Tax Increment Reinvestment Zone for Historic Mansfield for an Amount not to Exceed $103,600
Requested Action
To consider the attached resolution and professional service agreement.
Recommendation
Staff and members of the Council Sub-committee on Historic Mansfield (Mayor Cook, Councilman Haynes and Councilman Hoffman) recommend approval.
Description/History
On May 29, 2012, Staff and the Council Sub-committee members provided the Sub-committee's recommendation, including the hiring of a planning consultant to conduct a comprehensive study on future revitalization and reinvestment strategies. As a follow-up, we recommend that the City contract with Gateway Planning to prepare a master plan and help establish a Tax Increment Reinvestment Zone (TIRZ) for Historic Mansfield. The master plan will include:
- Identification of issues and opportunities regarding future redevelopment based on existing conditions assessment, stakeholder interviews, and market analysis, including redevelopment opportunities for mixed use, pedestrian /bike connectivity, civic/open space, cultural amenities, potential transit-oriented development etc.
- Meeting with stakeholders and City Council regarding the proposed redevelopment via the tax increment district in conjunction with the overall downtown master plan implementation initiative.
- Recommendations for a series of catalytic projects, supporting private development concepts, and design/policy recommendations for neighborhood conservation and downtown redevelopment.
- Urban thoroughfare redesign concepts for North and South Main Street to better capture or complement downtown redevelopment potential.
- Implementation recommendations including identifying complementary public infrastructure projects to catalyze and attract private development.
Gateway Planning is based out of Fort Worth and has done many similar projects for cities like Roanoke, Burleson, McKinney, and Duncanville.
Justification
The master plan will provide the foundation for future redevelopment strategies and reinvestment funding.
Funding Source
Fund options include: 1) the future Historic Mansfield TIRZ Fund (reimbursing the General Fund); 2) Hotel Occupancy Tax Fund (out of the 2012-2013 Fiscal Year); and 3) General Fund Reserve.
Prepared By
Felix Wong, Director of Planning
817-276-4228