INTERLOCAL AGREEMENT RE DOWNTOWN REDEVELOPMENT PLAN
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Dft'BRLOCAL AGRBBMBN'l'
This Interlocal Agreement i8 made and entered into this <1:-
day of ;::"LlJr~ ,1996, by and between the Commun ty
Redevelopment AgefteY of the City of Clearwater, Florida. (CRA), a
redevelopment a.gency established pursuant to law, and the Downtown
Development Board (DDS), a special district organized and operating
pursuant to the ordinances and laws of the City of Clearwater.
WHEREAS, Florida Statutes 163.387 requires all taxing
authorities to make an annual appropriation in an amount equal to
the incremental increase in ad valorem revenue within the CRA area,
and
WHEREAS, the DDB is a taxing authority within the meaning of
the sta.tute,
WHEREAS, the City Commission of the City of Clearwater in 1982
attempted to exempt the DDS from the obligation to make said
payment to the CRA, and
WHEREAS, such exemption was not statutorily authorized at the
time the ordinance was adopted, and
WHEREAS, the opportunity to create such an exemption has
elapsed, and
WHEREAS, the DDB was not requested to pay to the CRA the
incremental funds pursuant to the Florida. Statutes 163.330 et.seq.
until 1995, and
WHEREAS, the CRA and the DDB wish to enter into an interlocal
agreement pursuant to Florida Statutes 163.01, in which the DDB
agrees to perform certain responsibilities and functions consistent
with and in furtherance of the Downtown Redevelopment Plan, in
return for an amount equal to the incremental payment made by the
DDB to the CRA.
NOW THEREFORE, in consideration of the covenants made by each
party to the other and of the mutua.l advantages to be realized by
the parties hereto, the DDB and the CRA agree as fol1ows:
Sectj.9n 1. Term. The term of this interloeal agreement
will be the date hereof through September 30, 1996.
Section 2 L Intent, It is the intent of the p~rties that
the moneys paid to the eRA by the DDB pursuant to p'1oride. Statutes
163.387, connnonly referred to as the tax increment payment, be
returned to the DDS by the CRA in exchange for performance of
certain responsibilities and functions consistent with and in
furtherance of the Downtown Redeve10pment Plan, by the DDB.
Further, the parties recognize and agree that the funds which would
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otherwise have been due and payable to the CRA from the DDB since
1982 to 1994, were not paid to the CRA, but were uaed in . manner
consistent with and in furtherance of the Downtown Redevelopment
Plan.
Section 3, ResDonBibilities of the DDS, The DDB agrees to
prepare and distribute a request for qualifications of marketing
and/or public relations firms who will prepare marketing materials
to be used tor the solicitation of developers and tenants tor
downtown Clearwater. The materials shall include current artd
planned development activity in downtown Clearwater; demographic
and other intormation as suggested by the selected firm. The DDB
shall be responsible for selecting the firm to perfonl the work and
shall manage the proj ect . 7'he cost of preparation of said
materials shall be not le.. than $26.960.19. Pull 4ccountina ~f
all amounts spent pursuant to this agreemept phall be Drovided to
the CRA monthly.
Section 4. ComDensation. In return for the above services
the CRA shall pay to the DDS $26,960.19 to be paid within 10
workings days after execution of this agreement.
Section 5, Notice. Notice by either party to the other
pursuant to this Interlocal Agreement shall be given in writing and
hand-delivered or mailed as follows:
Chairperson, Board of Trustees
community Redevelopment Agency
P. O. Box 4748
Clearwater, Plorida 34618
Cha.irperson
Downtown Development Board
P. O. Box 1225
Clearwater, Plorida 34617
Section 6. This document embodies the whole Agreement of
the parties. There are no promises, terms f conditions or
allegations other than those contained herein, This Agreement
shall be binding on the parties, their successors, assigns and
legal representatives.
Section 7, Filing. etfecti va date. As required by section
~63.01(11), Florida Statutes, this Interloca1 Agreement shall be
filed with the Clerk of the Circuit Court of pinellas County, after
execution by the parties, and shall take effect upon the date of
filing.
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IN WITNESS WHEREOF, the parties hereto, or their lawful
representatives, have executed this agreement as of the date first
above written.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER, FLORIDA
Approved as to form
and legal sufficiency:
By:
Trustees
JJfL
Pamela K. Akin
City Attorney
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