[{"_1":2,"_87":-5,"_88":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6479010,"mediaKeyId","5707407-75cac5c3e424ae7cf5023b5c5af1742d","parentId",5707407,"title","CRA hears proposal for tax-increment rebate tied to proposed Silver Springs hotel; board asks staff to continue review","audioSeconds",2707,"startMs",1577000,"endMs",4284000,"viewUrl","/Search/View?dp=1&key=5707407-75cac5c3e424ae7cf5023b5c5af1742d&start=1577&end=4284","thumbnailUrl","https://assets.pipeline.soar.com/5707407-75cac5c3e424ae7cf5023b5c5af1742d/thumbnail_1577000.jpg","articleUrl","/articles/6479010/Marion-County/Florida/CRA-hears-proposal-for-tax-increment-rebate-tied-to-proposed-Silver-Springs-hotel-board-asks-staff-to-continue-review","mediaUrl","https://secure.pipeline.soar.com/6479010-8c7a5a3e02c6dfacec9f1924a4d3ca9e/orig.mp4?Expires=1770672925&Signature=ceq6kfhQDn6kaTwjHsTk8sxH1~Hrr3e~dj6LbcKlGcRflTTKD1YQfsmNg-lmR3vjWDBOzELPR9CgBCYFKN4Aoa5o9h4IGly0c3mIcUMV~Dm0pJzeO8DtybQbOh8OUecnGg5RDR07wrAUy2AT4Ve~K~ImkrmagLGTZMQT84c5TdokOsAm4rPW3hrhglDpKiJdnzQI5MoSUwWtBhd19bUzCV0~PCMzLEhfSJ7Q7OIza5-ppZNDmeph9wtjFp8LJ856quVCePnhNUrVNqYmXWGmQDtjfOwsoH3zMNpjUVjlcYqQh-7BchmH-wlfN~junj~V-xbRQbgEOxS35W2~ou67KQ__&Key-Pair-Id=KUT5TJCACFTXG","author","Marion County","date","2025-09-03T00:00:00Z","article","The Marion County Community Redevelopment Agency discussed a proposal for a tax-increment rebate grant program that a property owner’s attorney said could support a new hotel in the Silver Springs CRA. The board did not vote on the proposal but indicated by consensus that staff should continue working with the applicant to develop details.

Jimmy Gooding, representing a developer identified in meeting materials as Navro, presented the concept to the CRA. Gooding said the program would rebate a portion of the tax increment generated by improvements to a specific property to the developer under a redevelopment agreement. “They don’t decrease taxes,” Gooding said, describing TIF rebates to the board. “They’re funded solely by the increased property values caused by a project.” Gooding asked staff to work with the developer on a draft agreement; he said the developer did not want to disclose a requested rebate amount until staff and the CRA had provided input.

Gooding showed project renderings and market material for a proposed Home2Suites by Hilton: an extended-stay, upper midscale product the presentation listed at about 106 rooms, compared with the existing Holiday Inn Express (described in the presentation as a 75-room property). He described an illustrative pro forma and spreadsheet prepared with input from the property-appraiser’s TIF staff: his examples assumed a vacant parcel currently paying roughly $7,500 in annual taxes and estimated scenarios in which the project’s taxable value and resulting annual increment could generate total rebates in the low six-figure range over the life of the CRA. Gooding told the board a 0% annual increase example produced about $389,000 in total TIF payments in his spreadsheet, while a 5% increase example produced about $649,000; he said the payments can be capped and the agreement could stop when a developer has received a predetermined dollar amount.

Commissioners pressed for details and raised policy concerns. One commissioner said a 90% rebate of the CRA increment (a percentage Gooding used as a spreadsheet example) would be unacceptable; others asked whether the program would apply only to new construction (Gooding said most jurisdictions limit such rebates to new projects) and whether the project would provide community amenities beyond rooms. Staff and Gooding clarified that the rebate Gooding described would come from the CRA portion of the increment tied to that property and would not make the county liable for future shortfalls. Gooding also noted the proposal could be layered with other grants and that the developer intends to apply for other funding where eligible.

After extended discussion of policy goals in the CRA master plan, redevelopment versus greenfield development, and what thresholds should trigger a rebate, the board did not adopt any incentive at the meeting. The chair summarized discussion and the board asked staff to continue conversations with the developer and to return with more details and analysis at a future meeting.","mediaType","Video","parentTitle","Marion County - Community Redevelopment Agency on 2025-09-03 1:50 PM","oneSentenceSummary","Attorney for a private developer presented a proposed tax-increment rebate program to support a new extended-stay hotel in the Silver Springs CRA. Commissioners expressed concerns about rebate size, redevelopment benefit and community amenities and asked staff to continue conversations with the developer.","taxTitle","Marion County, Florida","taxId",4897,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6479015,"Marion County CRA approves training transfer, 2025 budget and sheriff’s detail agreement",429,1264000,1693000,"/Search/View?dp=1&key=5707407-75cac5c3e424ae7cf5023b5c5af1742d&start=1264&end=1693","https://assets.pipeline.soar.com/5707407-75cac5c3e424ae7cf5023b5c5af1742d/thumbnail_1264000.jpg","/articles/6479015/Marion-County/Florida/Marion-County-CRA-approves-training-transfer-2025-budget-and-sheriffs-detail-agreement","https://secure.pipeline.soar.com/6479015-815ee7a32e158623c01779f5300e05c9/orig.mp4?Expires=1770672925&Signature=XxK3ZAUOxxfLeIs2KJ~d~F5D9Sk-W7nCcmph1MX837Vs0Z9y2YOtTG6~JSXBUeQhcybAAHfwvbSIcXRS-SbMz9hxIo0J7hL6k8xkMQcmhOAsb9ZzZdeoiyZKOCELtTX3hnKFhu-aMYkPZfH2j5LjYNtpUvJT9TpHSiD4mVlV6SarW6jQScdb1bv47PKR0aO2i~raXN1hAG7KxGOYgR7UrN2paNTawRJiFs5OotLg4aK8tfY9~dXeI7oIScaTkI4hwqvYXwVuj3e4rxWcVXfqCDFRSAopcCMurv4pHaw7-ycIWuHuPghsoUp3aTtkC6aW3Fjl~lRAHCN44qGGWm~U1Q__&Key-Pair-Id=KUT5TJCACFTXG","The Marion County Community Redevelopment Agency on Monday approved three administrative items: a short-term budget transfer to cover an education course, adoption of the agency’s fiscal-year budget and continuation of the Marion County Sheriff’s Office community-policing detail agreement.

The budget-transfer request, presented as agenda item 2.1, would move money to training and education for an upcoming course run through the Florida Redevelopment Association. The transfer was described by Chris Risen of the Growth Services Department as a last-minute request to cover an additional course before the fiscal year ends. Commissioner Stone moved to approve the transfer; Commissioner McLean seconded. The motion passed unanimously.

The agency then considered its full budget for the upcoming fiscal year. Risen told the board the property appraiser’s current estimate would allocate about $544,000 in tax increment funds to the CRA for the coming year and that carryover funds could bring the CRA’s available resources to roughly $1.4 million. Risen said the CRA expects to continue funding the Marion County Sheriff’s Office detail and to begin pedestrian-safety improvements on Silver Springs Boulevard timed to FDOT repaving of State Road 40. Commissioner Stone moved to adopt the budget with a second from Commissioner Curry; the motion passed unanimously.

The board also approved a sheriff’s-detail agreement that Risen said has the sheriff’s signature and legal department clearance. The agreement maintains the current level of service: two deputies on rotating five-hour shifts, five days per week. The board authorized the chair to execute the agreement. Commissioner Stone moved approval; Commissioner Zalek seconded. The motion passed unanimously.

All three items passed without public comment at the meeting. The approvals were procedural votes; no changes to policy or ordinance were adopted. Future project-level approvals for the pedestrian-safety work on State Road 40 were described as coming back to the board, and Risen said interlocal agreements with FDOT would be required for work in the state right-of-way and for ongoing maintenance if improvements occur.","At a Marion County Community Redevelopment Agency meeting, members unanimously approved a short-term budget transfer for training, adopted the CRA budget for the coming fiscal year and authorized continuing the sheriff’s community policing detail agreement.","actionData","errors"]

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CRA hears proposal for tax-increment rebate tied to proposed Silver Springs hotel; board asks staff to continue review

Marion County CRA approves training transfer, 2025 budget and sheriff’s detail agreement