Resolution and ordinance approving the City of Largo’s Clearwater-Largo Road Community Redevelopment District Plan amendment, creating a 20-year term redevelopment Trust Fund, and establishing the County’s Tax Increment Financing contribution rates.

Board of County Commissioners · 2026-04-21 · agenda_item

The Board of County Commissioners, Pinellas County, has approved an ordinance related to the City of Largo’s Clearwater-Largo Road Community Redevelopment District Plan amendment. This approval establishes a 20-year term redevelopment Trust Fund and sets the County’s Tax Increment Financing contribution rates. This project is now approved, indicating that planning and design phases are likely complete or nearing completion. The work set in motion by this plan amendment would involve establishing and managing a redevelopment trust fund over two decades, potentially including infrastructure improvements, public space enhancements, and economic development initiatives within the district. While specific construction phases are not detailed, such redevelopment plans typically involve site preparation, utility work, construction of public facilities, and ongoing maintenance. Local contractors, suppliers, and service providers in construction, engineering, finance, and legal services may find opportunities as the district implements its redevelopment strategies. Engaging early could provide an advantage as specific projects and funding mechanisms are finalized.