Below are some key dates and events with regard to commercial development on St. Armands:
April 29, 2002
Coastal Islands Overlay District
City Commission establishes the Coastal Islands Overlay District with Ordinance No. 02-4357.
The Coastal Islands Overlay (CIO) is intended to protect the environmentally sensitive and fragile nature of the coastal islands and their evacuation needs. The regulations address the density, intensity and scale of development consistent with the Environmental Protection and Coastal Island chapter of the Sarasota City Plan.
July 16, 2002
St. Armands Business Improvement District
City Commission establishes the St. Armand’s Special Business Improvement District (BID) with Ordinance No. 02-4382. This was done three months after the establishment of the Coastal Islands Overlay District.
The BID is authorized to levy an ad valorem tax on real and personal property within the District up to two mills annually, and it may use special assessments to support planning and implementation of District improvements up to $500 per parcel per year.
The BID has a very specific list of powers related to maintaining, improving, safeguarding and marketing the District and is not authorized to exceed those powers.