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Gifford Neighborhood Plan Implementation Objective # Measure Timeframe 7 Existence of No Potholes on the Major Streets 2005 8 Existence of No Publicly Owned Unpaved Road 2010 9 Number of Intersection Crashes 2001 10 Existence of No Flooding Problems 2005 11 20%More Street Lighting 2005 12 Existence of Improvements to the Gifford and Hosie Schumann Park 2010 13 Crime Rate 2005 14 Unemployment Rate 2010 FUNDING SOURCES To implement strategies and actions that are developed through this neighborhood plan, funding sources must be identified. The following are possible funding sources that may be utilized for implementing various strategies: ➢ Community Redevelopment Agency (CRA) A local government may form a CRA following the completion of a study confirming the presence of necessary conditions and a plan to address those conditions. CRA's are empowered to buy, assemble and sell property; to conduct studies; and to construct capital improvement projects. CRA's may raise funds through several means including Tax Increment Financing. ➢ Safe Neighborhood Improvement Districts A local government may adopt an ordinance that authorizes the formation of a neighborhood improvement district. Once the district is created, the local government may levy on that district an ad valorem tax on real and personal property of up to 2 mills annually. Funds from that levy may be used to initiate actions deemed most suitable for implementing safe neighborhood improvement plans. These actions may include modifications to existing street patterns; removal, razing, renovation, reconstruction, remodeling, relocation, and improvement of existing structures and facilities; addition of new structures and facilities; and coordination with other agencies providing relevant informational, educational, and crime prevention services. Community Development Department Indian River County 74 v