10-12-1998
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. Agenda/C.
10-12-98
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October 1 2, 1 998
Community Redevelopment Agency (CRA):
1 . Call to Order
2. Approval of Minutes: 9/14/98
3. Approve allocation of $11,830 in the Miscellaneous Redevelopment Project to the Facade
Improvement Grant Program
4. Adjourn
10/1 2/98
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Clearwater
. Community Redevelopment
Agency
Agenda Cover Memorandum
Item #
3
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Meeting Dale:
SUBJECT/RECOMMENDA liON:
Approve the allocation of $11,830 in the Miscellaneous Redevelopment Project to the Facade
Improvement Grant Program,
I&J and that the appropriate officials be authorized to execute same.
SUMMARY: Initial funding for the Facade Improvement Grant Program was $50,000; $40,000 from the
Downtown Development Board and $10,000 from the Community Redevelopment Agency, Twenty-one
businesses have taken advantage of the program resulting in all the funds being committed. The
maximum per grant is $5,000. However, the average grant has been $2,000 with the funds being used
for signs, awnings, painting and decking.
Four additional businesses would like to participate in the program. It is recommended the
unallocated balance of $11,830 currently in the Miscellaneous Redevelopment Project be transferred to
the Facade Improvement Grant program to fund additional grants.
. Submitted by:
City Manager
Printed on
Originating Dept:
CRA
User Dep .
eRA
VTyl *- Attachments
Redevelopment Project
(61/ Schedule
Costs
Reviewed by:
Legal N/A Info Srvc
Budget -$}- Public Works
Purchasing DCMlACM
Risk Mgmt N/A Other
N/A
N/A
Total
Current FY
Funding Source:
CI
OP
Other
o None
A ro riation Code:
Rev. 2/98
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" eRA Rede\'clopmcnt Project Unspecified
315-94714 Funds Grants Total
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Preliminary Balance at 9/30/97 13.414.49 13,414.49
Return from CRA at 9/30/97 141,830.72 141.830.72
Final Balance 9/30/97 141,830.72 13,414.49 155.245.21
1998 activity to date
Grant. Webb (5.000.00) (5.000.00)
Transfer to IMR Project (70.000.00) (70.000.00) ,.
71.830.72 8,414.49 80.245.21 ..
Reallocate to facade grants (10,000.00) 10,000.00
61.830.72 18,414.49 80.245.21
Transfer to IMR Project # 94765 (50,000.00) (50.000.00)
11,830.72 18,414.49 30.245,21
Colony Bldg. (4,000.00)
519 Cleveland 5t. (1,250.00)
38 N. Ft. Harrison (329.91 )
614 Park 5t (1,OOO,OO)
Cigar Central. Premier Awning
Cigar Central - facade improvement
(1.284.00)
(2,424.96)
1998 Available Balance
11,830.72
8.125,62
19.956.34
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