08-16-1999
Agenda/eRA .
. 8-16-99
AGENDA
Community Redevelopment Agency Meeting
Monday - August 16, 1999- 9:00 A.M.
1 . Call to Order
2. Approval of Minutes: special meeting 6/3/99
3. Direction requested regarding DDB's request to be relieved of remaining $117,723.22
reimbursement contained in the 1983 participation agreement for acquisition of the
Atrium property
4. Approve Fiscal Year 1998-99 third quarter amended CRA budget; authorize
appropriation of entire balance remaining in CRA Trust Fund as of 9/30/99 to
Miscellaneous Redevelopment Project Fund
5. Approve amended Interlocal Agreement for CRA management of DDB in exchange for
$39,755 for Fiscal Year 1999-2000
6. Executive Director (Assistant City Managerl Verbal Reports
7. Other Business
8. Adjourn
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Meeting Date:
eRA- 3
8.10.~9
Community Redevelopment
Agency
Agenda Cover Memorandum
Agenda Item #
SUBJECT/RECOMM EN DATION:
Provide direction re the Downtown Development Board's request to be relieved of the remaining
$117,723.22 reimbursement contained in the 1983 participation agreement for acquisition of the Atrium
property,
D and that the appropriate officials be authorized to execute same.
SUMMARY:
. On October 11, 1983 the CRA and the DDB entered into an agreement to actively participate in the
redevelopment of a portion of the downtown area through the acquisition and construction of an
office-retail building and parking garage.
. The ODB agreed to reimburse the CRA, annually according to a formula, a portion of the costs for the
acquisition of the real property.
. The DDB has paid a cumulative amount of $102,734.78, leaving a balance of $117,723.22 at the end
of Fiscal Year 98/99. It will take approximately 16 additional year to complete payment of this
obligation.
. The estimated amount for Fiscal Year 99/00 is $7,771.
. The DDB is requesting to be relieved of all future obligations to this agreement since the CRA sold
the property.
. The money from the DOB is budgeted as a revenue source to the CRA.
. loss of this revenue will result in line item expenditures, such as promotion and advertising being reduced.
Reviewed ~ 1t!L ,A
Legal ~
Budget ~
Purchasin NA
g
RiskMgmt ~
~
Public Works ~
Info Tech
Originating Dept:
eRA
User Dept'f2/
eRA ("
Costs
Total
DCM/ACM
funding Source:
Capilallmpro\"elllI'f1l
Fiscal Year 99/00
other ~
Attachments
Agreement, payment schedule.
) and ODB letter
()per,lt1118
Oller
Appropriation Code: N/A
o None
Rev. 2198
PAR TICIPA TIOi': AGR EE}.1ENT
::t
THIS AGREEMENT entered into this II day of (9.~
A,D, 1983, by the CLEARWATER REDEVELOPMENT AGENCY, an
Agency created by virtue of Chapter 163, Florida Statutes, hereinafter
called "the Agency", and CLEARWA:I'ER DOW'(llTOWN DEVELOPMENT
BOARD, a Board created pursuant to Chapter 70-635, ~w. of Florida
(1970), now Article IV of Chapter ZZ, of the Code of Ordinancel, City of
Cle.. water, hereiD&!ter caUed lithe Participating Agency":
WITNESSETH:
WHEREAS, the Participating Agency was established to perform
the function, inter alia, of participating actively in the implementation and
execution of downtown development plans, including the acquisition and
financing of publicly owned facilities deemed feasible and beneficial in
effecting implementation of public purposes: and
WHEREAS, the Agency has received and accepted a propou.l to
redevelop a portion of the downtown area, as defined in the Code of
Ordinances, throu,b the acquiltion and construction of an oUice-retail
buUcUna and parkinl gaug.; and
WHEREAS, that propolal contemplates the acquisition of certain
land within the downtown area by the Agency: and
WHEREAS, the Partic:ipating Agency in order to induce the Agency
to approve t.'1e Development Agreement for that project and to authorize the
acquisition of the real property required therefor by condemnatior: utilizi:1g
its power of eminent domain, bas agreed to reimburse the Agency for c:er:aL"\
coat. thereof: and
WHEREAS, the Ag"ncy, in relia:1c:e on the prl"lrr.i,,~ of the ?artici::,::~..g
Alency to pay a portion of thole cosu, has appro,"ed the Developl':"ier:t
A,ree:nent and the acquisition of the real ?ropert',. required by adoption c:
Ruolution. ~o. 83-Z (CRA) arod :-:0, 83-3 (CRAl: a~c!
WHEREAS, the parties now desire to rLc:ce such ce:-::r:':i~e:,:t
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1, The Agency agrees to proceed as part o( its downtown redevelopment
plan to implement the acquisition of the property identified in Resolutions
No, 83-2 (eRA) and No. 83-3 (eRAI.
2, The Participating Agency for its part in the implementation and
execution of the downtown redevelopment plan. which includes the acquhition
identified above, agrees to reimburse the Agency one-hall (1/2) the co.ta
of acquhition which are in excess of $650, 000. Such reimbursement Ihall
be paid to the Aaency on an annual buis according to the followinl formula
An amount equal to the increment in revenuel of the
Participatins Asency derived from the above described
project, which increment Ihall be determined annuall)'
and shall be that amount equal to the diiference between:
(a) The amount of ad valorem taxes levied each year by
the Participating Agency upon the property described
in Exhibit .0\; and
(b) The amount of ad valorem taxes which would have
been produced by the rate upon which the tax is levied
each year upon the property described in Exhibit A al
IhOWD upon the now eUective allelsment roll uled in
connection with the taxation of luch property by the
Participatini Aiency.
3. Should the Aiency be unable to acquire the property or should
it abandon the project, then the Participating AgencY'1 oblilation shall
ceall.
4. The above conltitutel the entire a,reeme%1t between the
parties.
5. This A,reement Ihall be lovernec! by the laws of Florida.
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IN \\Tn..ESS WHEREOF, the parties hereto have executed this
Agreement on the day and year firlt above written.
Attest:
Z;;~~;~:Mm AQENCY
Mayor- Commia .loner
L . .
JL~/N~
City ~lerk
d~~.... B. o.~
Commlulon<<
By
AUeate
(2A.A~ ~-A"~h~
See "eta ry
- 3-
eRA-DDB Agreement - Atrium property 10-11-83 Agreement
(
Community Redevelopment Altency of the City of Clearwater
Schedule of Transfers from the Clearwater Downtown Develooment Board
Pursuant to the Aflreement of October 11. 1983
Fiscal
Year Annual Cumulative Balance
1983
1984 220,458.00
1985 220,458.00
1986 220,458.00
1987 7,920.50 7,920.50 212,537.50
1988 9,752.22 17,672.72 202,785.28
1989 3,020.00 20,692.72 199,765.28
1990 9,972.00 I 30,664.72 189,793.28
C 1991 10,617.00 i 41,281. 72 179,176.28
1992 9,734.34 I 51,016.06 169,441.94
1993 9,677.99 I 60,694.05 159,763.95
1994 6,608.04 I 67,302.09 153,155.91
1995 6,558.06 I 73,860.15 : 146,597.85
1996 7,158.90 ! 81,019.05 139,438.95
1997 7,166.94 I 88,185.99 132,272.01
1998 7,196.63 : 95,382.62 125,075.38
1999 7,352.16 ; 102,734.78 117,723.22
.
Finance Department
Page 1
10/30/98
DOWNTOWN DEVELOPMENT BOARD
July 21. 1999
Community Redevelopment Agency (CRA) Trustees
City of Clearwater
P.O. Box 4748
Clearwater, FL 33758-4748
Dear CRA Trustees:
The Downtown Development Board (DDB) entered into a participation agreement with the
Community Redevelopment Agency in 1983. The agreement was to reimburse the CRA
$220,458.00 for the acquisition of the Atrium property and Park Street Garage. The eRA sold
the properties in 1998. The lawyers acknowledge that the DDB is obligated to continue these
payments to the CRA even though the CRA no longer owns these properties.
The DDB would like you to consider relieving us of this obligation. This year's payment to the
CRA is $7.352.16 and leaves a balance of $117.732.22. The DDB acknowledges their legal
requiremen~ however would like to pay CRA that amount towards another project it deems
appropriate.
Glenn Warren, Chairman
Downtown Development Board
cc: Michael J. Roberto, City Manager
Robert Keller, CRA Executive Director
P. O. Box 1225 0 Clearwater, FL 33757 0 (813) 461-0011 ext. 231
Meeting Date:
crZA- Lf
~
Community Redevelopment
Agency
Agenda Cover Memorandum
Agenda Item #
SUB)ECI/RECOMMENDA liON:
Approve Fiscal Year 98/99 third quarter amended CRA budget and authorize the appropriation of the entire
balance remaining in the CRA Trust Fund as of September 30, 1999, to the Miscellaneous Redevelopment
Project Fund.
D and that the appropriate officials be authorized to execute same.
SUMMARY:
. Total revenues have an eighty-three dollar reduction.
. Adjustments in the Operating Expenses are:
1) Per the recently approved agreement with the Downtown Development Board (DDB), the
payment of $24,660 to the DDB has been eliminated and reallocated to cover the personnel,
administration and office expenses now provided to the DDB.
2) The Garden Avenue Parking Fund line item increased $800.00 because the Wakely and
Associates Agreement obligates the eRA to reimburse the Parking Fund if Wakeley brings
more than 96 employees to its downtown office. They currently have 125.
3) Other minor adjustments have been made to several line items to balance expenditures with
revenue.
. The funds which remain at the end of this Fiscal Y ear are for redevelopment projects previously
approved and identified in the redevelopment plan and appropriated to the Miscellaneous
Redevelopment Project Fund.
AlYlewed by:
Legal ~
Budget G2-
Purchasin ~ NA
9
RiskMgmt ~
Info Tech
Originating
CRA
User Dept.
eRA
Costs
N/A
J!L
Public Works J!L
DCM/ACM
Total
Funding Source:
Capllalln1pl'O\~1
Current Fiscal Year
Other
Attachments - the budget
Operating
Olher
'-"by:j
-iI~::-:' recycled paper
Appropriation Code: N/A
o None
Rev. 2/98
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---=~.~-=-=.~-~~-=~.=j 'I~---:-~-~-=--=:=~~-=-=-=~=---; ~=J:==--._--j!~.;~
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_____u_._. ~i~~ll~~~;~~~Tr:~~:: ..E~C!~.___. ----L---.--+----- --:- -- ----
-----.---- 362101 - Rentall~-:-S.laUon Sq~a;o Par1l---'- , 21.750 r _. 10,558 21,750
--... ----.- - ----.-.------.-----.--'-'- ----------
________ ______~3.2~ _~su~-.---.------..-__LI29,45~ __.__1~~52. 129,452
366906 Donations - Other I
-.- ---------369088 - CAA~~lnllP;OmoUO;;--...---- ! 400 ---566" -- 566
====j~~~~ ~thefMIs~~ey~n.'!~~==__==_. : 4.399 4.132 - 4,150
~~~S::~~__~~.--~~~~ ~~~:lln~~~~U~Sq~~p~~.--:- -_i==_3=-~_~ ~-=----==
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=:=~:.__.:=:_=3~_:~:j~:=::::~~~~F~nd.-~-====:;---.458,:1:---422:~6~ --- 458,658
~=:~~U~.~:~~;~=:-jl~jl=--==:=-:::-=:-====-=r---_ __
___.____.____u__ .. ______ __-,_._._ ________
_.______~01~ Professional Services : 30,000 4.4-45 30,000
________.~ Olhor Cool1llctual Services .---1 5,000 1.809 3,000
__'_ __.____ 5422~ _ EIoc. UtiI Charges i (160)
542300 UUlIlleS-GasIWaterlSanltaUon 143
-----
542500 Postage J 150 6
------- 543~~ "iAd\oertiSIng : 9,000 1,518
==---- 543200 ~OlhorPromotionaIActJYIUeS ! 12.000 8,139
54 3400 Printing & Binding
=-=..::-==:==--=~~ _ Equipment Renlal--
______ 547200 Employee Expense.Travel 6,500 2.295
.. 547300 ,Employee expense-AulD Allowance I 50 8
547400 IEmpIoyee Expense.Meals 1 50
550100 Oft\co Supplies I 800
5500400 Operating Supplies I 1,000
557100 Membetsh/ps and Subsalptlons I 4,500
557300 Training and Reference I 3,800
581000 IPa~ls 10 Other Agencles-DDB I 24,660
582000 ~Ald to Private Organizations "II
1 97,510 I
540200 Doannont Reproduction I 500
5407ool]Postal Service ! 150 ..
5413oo]JPrinl Shop I 978 I
1.628
I
I 132.7111 110.659 152.300
I 50,000 37.500 50.000
T 15,000 11.250 15,000
I 6.3601 4.770 6,360
21,000 15.750 21.800
L 5,000
I 129.452 12ll.452 129,452
359,603 3Oll.381 374,IU2
4511,741 340,130 4S8,ll58
. 82.239 -
586
ll65
2.542
2.962
5.000
30.159
Intemal Service
259
14
317
590
Transfers Out
590200 General Fund. Admlsl1llllvo
590200 GenofaI Fund.Jolly Trolley
590600 Pa,"", Fund. Saturday Downlown
590600 .. ~ Fund. Harborvlew
592400 ParlUng Fund . Garden Garage
_~Pr0jec\5-SaIUrday In City 99930
590800 ~~:..~pmnt Incentive fund
590800 IMR landscaping fund
592400 Mlscen-oua Redevelopment Proj.
TOIaI expenditures
Excess of Revenues Over expenditures
Page 1
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100
7,000
14,126
7.100
100
100
2.000
2.550
4.500
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80,676
1,000
1,070
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Agenda Cover Memoranaum
AQenda Item # cAA 5
MeetinQ Date: ~
SUBJECT/RECOM M ENDA liON:
Approve the Amended Interlocal Agreement for the eRA Management of the DDS in exchange
for $39,755 for Fiscal Year 1999 -2000.
IBl and that the appropriate officials be authorized to execute same.
SUMMARY:
· The CRA Trustees executed an Interlocal Agreement with the DDS on April 1 to provide personnel,
administrative and management responsibilities to the DDS for a one-year period beginning on April
15, 1999 to April 15, 2000.
· The amended agreement extends the term to September 30, 2000. The term of the agreement
ends on the fiscal year cycle, which makes it easier for budgeting and accounting purposes.
· The amended agreement has a provision that the DDS w ill be directly responsible for their office
expenses during the Fiscal 99/00 term rather than reimburse the CRA for these expenses.
-
Reviewed by:
Legal ~
Budget ctL-
Purchasin NA
9
RiskMgmt ~
,
Info Tech
""
Original I,.. ~:
CRA f( 0"
UH' Dept. '
CRA
COlt.
-1:lL
Public Works -1:lL
DCM/ACM
Total
Funding Source:
CIIpltlllmprOllernent
Current Fiscal Year and
FY 99/00
other -1:lL
Attachmentl
) Amended Agreement
OI*..lnll
Olh.
Submitted by: I,
City Manager I\.
o Printed on NCycled paper
2111
o None
Appropriation Code:
188~9311-590200.s52~OO
-
Rev.
-
I
AMENDEMENT TO INTERLOCAL AGREEMENT
THIS AMENDMENT, entered Into this day of . 1999, by
and between the COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLEARWATER,
FLORIDA, a Florida redevelopment agency, hereinafter referred to as 'he CRA,. and the
OOVVNTOVVN DEVELOPMENT BOARD, a special district organized and operating pursuant to the
Ofdlnances and laws of the City of Clearwater, herein called -.he OOB..
WHEREAS, the CRA and the OOB had prevIously entered Into an Interiocal Agreement on-
April 1, 1999, In which the tenn of said Agreement would be for one year commencing April 15, 1999
and ending April 15, 2000; and
WHEREAS, the CRA and the OOB are In joint agreement that the existing agreement shall
remain in effect until September 30, 1999 and shall extend that Agreement to September 30, 2000
under the terms described herein.
1. Comoensation. As compensation for services from April 15, 1999 to September
30, 1999 as specified In the Intertocal Agreement dated April 1, 1999 the ODB paid
$24,660.55 to the CRA. The costs Incurred during this five and a half-month period
Is $19,250 leaving a balance of 55,410.55 for compensation to the CRA for the
remainIng tenn; BegInning October 1, 1999 the OOB shall pay the CRA $39,755.00
for Personnel and Administration. The compensation shall be deducted from the tax
Increment payment paid by the OOB to the CRA. The tax increment payment Is to
be paid In a lump sum by December 31, 1999. Once the tax Increment funds are
exhausted, the compensation shall be paid from the OOB funds budgeted for that
purpose.
The DDB shall no longer reimburse the CRA for office expenses and agree that they
shall be responsible for their office expenses.
2. Imn. The term shall be extended to September 30, 2000.
3. . All othertenns and conditions shall remain In fulrforce and effect.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date
set forth above.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER, FLORIDA
By:
Approved as to fonn:
Brian J. Aungst
Chairperson
Attest:
Pamela K. Akin
City Attorney -
Cynthia E. Goudeau
City Clerk
DOWNTOWN DEVELOPMENT BOARD
By:
Chairperson, Glenn Warren
s:\Agreements'DDB agreement
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