Loading...
06/02/2008 COMMUNITY REDEVELOPMENT AGENCY MEETING MINUTES CITY OF CLEARWATER June 2, 2008 Present: Frank Hibbard Chair/CRA Trustee Carlen Petersen CRA Trustee John Doran CRA Trustee George N. Cretekos CRA Trustee Paul Gibson CRA Trustee Also present: William B. Horne II City Manager Jill S. Silverboard Assistant City Manager Rod Irwin Assistant City Manager/CRA Executive Director Pamela K. Akin City Attorney Cynthia E. Goudeau City Clerk Brenda Moses Board Reporter The Chair called the meeting to order at 1:30 p.m. at City Hall. To provide continuity for research, items are in agenda order although not necessarily discussed in that order. 2. Approval of Minutes 2.1 Approve the minutes of the May 13, 2008 CRA meeting as submitted in written summation by the City Clerk. Trustee Petersen moved to approve the minutes of the Community Redevelopment Agency meeting of May 13, 2008, as recorded and submitted in written summation by the City Clerk to each Trustee. The motion was duly seconded and carried unanimously. 3. CRA Items 3.1 Accept the Brownfields Cleanup Revolving Loan Fund dollars in the amount up to $350,000 once the city adopts Resolution 08-12 to meet specific expenses incurred for the environmental cleanup of real property identified as Pinellas County parcels 15/29/15/65196/000/0030,0034, 0060, 0061, 0062 and 0063 and known as the Clearwater Automotive Salvage Yard. In October 1999, the City Council authorized the City Manager to sign a Loan Fund Agreement and Work Plan for the $500,000 award received from the United States Environmental Protection Agency (EPA) for the Clearwater Brownfields Cleanup Revolving Loan Fund (BCRLF). On September 28, 2006, EPA awarded the City supplemental funds in the amount of $700,000 increasing the original $500,000 award to $1,200,000. The action also approved a time extension of the budget and project period date from September 30, 2006 to September 30, 2008. The BCRLF was structured to provide low-interest loans to parties interested in the redevelopment of environmentally impaired properties. The BCRLF also allows government entities to loan to other government agencies, but requires a City resolution. The rule also Community Redevelopment Agency 2008-06-02 1 states that the city may discount up to 30% of the principal amount of the loan, provided that the total amount of the principal forgiven shall not exceed $200,000. The City determined that the best use of these funds from EPA would be for the cleanup of the Clearwater Automotive Salvage Yard site. The City also determined that the Community Redevelopment Agency (CRA) is in a better position to convey the Site to a developer or other private entity if it provides for the environmental cleanup of the Site. For these reasons, in May 2005 the City Council adopted Resolution 05-19 authorizing the use of $350,000 earmarked for loan funds provided to the City by the EPA as part of the BCRLF to the CRA for the environmental cleanup of the Clearwater Automotive Salvage Yard project. The cleanup costs have exceeded the $350,000. Resolution 08-12 requests the City Council to allot additional monies in the form of a loan in the amount up to $350,000 to complete the remediation of the Clearwater Auto site and to address off-site environmental impacts (Aamco site). In order to obtain a Site Rehabilitation Completion Order (SRCO) from FDEP for the Clearwater Auto site, the City is obligated to address off-site contamination related to the Clearwater Auto site. The presence of foundry sands/slag material at depths of between two (2) and six (6) feet below land surface was documented in soil borings at the Ron’s AAMCO site. This material then historically ties Clearwater Auto activities to the adjacent Ron’s Aamco property. As a result, this material must therefore be delineated and evaluated for potential remediation as part of the Clearwater Auto site assessment. The delineation has been complete and remediation is the next step. An executed July 17, 2006 interlocal agreement outlines the City and CRA responsibilities in preparing the site for redevelopment. It also notes that the cleanup of the Clearwater Auto project may exceed the $350,000 adopted by Resolution 05-19. The agreement allows the City, through its Brownfields program or other sources, or the CRA to cover the additional costs of remediation and preparing the site for redevelopment. According to the Interlocal Agreement, the CRA agrees that it will require the developer, person or entity to whom the Site is conveyed following the environmental cleanup to pay the City the necessary amount so appropriated from the BCRLF as part of the sale agreement. The loan amount to the CRA will have a zero interest rate and shall be repaid from: a) amounts repaid to the CRA from the private developer or another party to whom the CRA ultimately conveys the Site following the environmental cleanup; b) TIF funds; c) the General Fund of the City through budget appropriations in subsequent years so that such BCRLF may be made available by the City for the environmental cleanup of the other sites if the property is unable to be sold after a reasonable time (within five years of the completion of the environmental cleanup provided for herein); d) other means legally sufficient and approved by EPA. Any payment from the City of Clearwater General Fund is subject to the annual appropriations process. As stated earlier, a portion of the loan may be discounted to reduce total funds due to the BCRLF. Trustee Doran moved to approve the Brownfields Cleanup Revolving Loan Fund dollars in the amount up to $350,000 once the City adopts Resolution 08-12 to meet specific expenses incurred for the environmental cleanup of real property identified as Pinellas County parcels 15/29/15/65196/000/0030,0034, 0060, 0061, 0062 and 0063 and known as the Clearwater Automotive Salvage Yard. The motion was duly seconded and carried unanimously. Community Redevelopment Agency 2008-06-02 2 4. Other Business - None. 5. Adjourn The meeting adjourned at 1 :35 p.m. ~ "[ City rk Un. ~ Do ~ ./ Community Redevelopment Agency 2008-06-02 ~~ 'enai r Community Redevelopment Agency 3