INTERLOCAL AGREEMENT RE DOWNTOWN REDEVELOPMENT PLAN (2)
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INTERLOCAL AGREEMENT
This Interlocal Agreement is made and entered into this ').J day of ~1998, by and between
the Community Redevelopment Agency (CRA) of the City of Clearwater, Florida(} redevelopment agency
established pursuant to law, and the Downtown Development Soard (DDS), a special district organized and
operating pursuant to the ordinance and laws of the City of Clearwater.
WHEREAS, Florida Statues 163.387 requires all taxing authorities to make an annual appropriation in an
amount equal to the incremental increase in the ad valorem revenue within the CRA area, and
WHEREAS, the DDS is a taxing authority within the meaning of the statute,
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 eRA and the DDS wish to enter into an interlocal agreement pursuant to Florida
Statutes 163.01, in which the DDS agrees to perform certain responsibilities and functions consistent with and in
furtherance of Downtown Redevelopment Plan. in return for an amount equal to the incremental payment made
by the DDS to the CRA.
NOW THEREFORE, in consideration of the covenants made by each party to the other and of the
mutual advantages to be realized by the parties hereto, the DDS and the CRA agree as follows:
Section 1.
31,1998.
Term. The term of this interlocal agreement will be the date hereof through December
Section 2. Intent. It is the intent of the parties that the moneys paid to the CRA by the DDS
pursuant to Florida Statues 163.387, commonly 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 Redevelopment Plan, by the DDS.
Section 3. Responsibilities of the DDS. The DDS agrees to promote, sponsor and purchase
items necessary for Station Square concerts and activities. DDS agrees to promote the Holiday
Festivities in order to make downtown a showcase. The DDS agrees to assist the City with the
maintenance of downtown sidewalks and white lights on the trees along Cleveland Street. The DDS
agrees to provide a match to purchase a directory to downtown businesses to be installed at the MSC
Garage information window next to the trail. The total cost of said services shall not be less than
$21,551.12.
Section 4. Compensation. In return for the above services, the CRA shall pay to the DDB
$21,551.12 to be paid within 10 working 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, FL 33758-4748
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Chairperson, Downtown Development Board
P.O. BOX 1225
Clearwater, FL 33757
Section 6. Entire Aareement. This document embodies the whole Agreement of the parties. There
are no promises, terms, conditions or allegations other than those contained herein. This Agreement shall be
binding on the parties, their successors, assigns and legal representatives.
Section 7. Filina Effective Date. As required by Section 163.01 (11), Florida Statutes, this Interlocal
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.
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
BY:
Chairperson, Board of Trustee
Rita Garvey
Approved as to form:
~1f!.Al<jn, Cily Attorney
ATTEST:
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Cynthia E. Goudeau, Sesret3qt c,;+-yCJ.u;rL
DOWNTOWN DEVELOPMENT BOARD
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Chairperson, Glenn Warren