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05-15-2000 Agenda/eRA 5-15-00 . . , ~ .. ,.,' " , AGENDA Community Redevelopment Agency Meeting Monday - May 15, 2000 following closed attorney/client session beginning at 9:00 A.M. 1 . Call to Order 2. Approval of Minutes: 1/18/00 3. Approve amended Second Quarter Fiscal Year 1999-2000 CRA budget and authorize appropriation of entire balance of eRA Trust Fund that is remaining as of 9/30/00 to the Miscellaneous Redevelopment Project Fund 4. Authorize City's contractor to demolish commercial structures at 841, 901-927 Cleveland Street (Parcels A & B) 5. Executive Director (Assistant City Manager) Verbal Reports 6. Other Business 7. Adjourn .', Community Redevelopment Agency Agenda Cover Memorandum Item # 3 5. 15. <<i c r-o.... Meeting Date: SUBJECT /RECOMMEN DATION: Approve the amended second quarter FY 99/00 CRA budget and authorize the appropriation of the entire balance of the CRA Trust Fund that is remaining as of September 30, 2000 to the Miscellaneous Redevelopment Project Fund. and that the appropri.1te officials be authorized to execute same. SUMMARY: At mid year, the CRA budget reflects several amendments: . On December 6, 1999 the CRA Trustees approved the purchase of the Dimmitt properties, parcels A & B. The City agreed to provide an inter-fund loan of $1,171,328.30 to the eRA in order purchase this property. An amount of $79,380 is being transferred from the redevelopment project 315-94714 to the CRA operating budget to cover the principal and the interest payments for this Fiscal Year. . Professional Services line itflm was reduced since the City is working with a Master Developer for downtown redevelopment. The money was originally planned to engage services for Main Street Consultant work such as marketing and recruitment plans and design plans. This reduction provided for the increase in the other line items. . The Employee expense for travel, auto allowance and meals were increased by a total of $2,400 due to an appointment to the Florida Redevelopment Agency Board. . The Wakely & Associates parking reimbursement has been increased by $8,765 for a total of $20, 000 due to the increase in the number of parking spaces they are using. The CRA entered into an agreement with Wakely & Associates to cover up to $40,000 in parking over a seven-year period . The print shop line item under the Internal Service category was increased. The eRA needed to utilize these services for various Main Street projects. . The administrative costs increased by $3,360 to reflect the actual cost. Reviewed bY~1 Legal ~ Police Dept. NA Budget ~ Public Works NA Purchasing A DC.WACM Risk Mgmt NA Other NA Originating Dept: Community Redevel A enc User Dept. Community Red velopment A enc Attachments - CRA budget Costs N/A Total Funding Source: Capll.lllf11prQ\~'1 Current Fiscal Year Oper.llin8 Olh~r Appropriation Code: Submitted by Printed on recycled paper Rev.2{98 3 Community Redevelopment Agency October 1,1998 . September 30, 2000 Approved Propo.ed ht Qtr. 2nd Qtr. 89100 99/00 Budget Budget Millage 5.5032 Ooeratlna Revenue. Tax Increment R.venues 338930 PlnelIa. County 182,491 182,491 381115 City of CINrw.ter 171.555 171.555 381116 DowntO'M'l Development Board 31.17<4 31.174 other Revenue. 361101 Interest Eamlngs 10.000 10,000 362101 Rental Income - Station Square Park 21,750 21.750 369901 Other Miac RlWIlue ",000 51.603 Transfers In 381782 DowntO'M'l 0eveI0pment Bd.-ProJect 7,848 0 381782 DowntO'M'l Development Bd' Admin fen 39,755 0 381715 Macellaneous Redev. Fund 79,380 Total Revenues <468.573 547,853 other Operating Expensu, 530100 ProfasIon8I SeMc.s 30.850 17,825 530300 Other Contractual Services 3.000 3,000 53<4200 tnc:>entlve EIlpen.. 20.000 5042500 POItage 100 100 543100 AcMrtIsIng 7.000 6,500 543200 Other Promotional ActivitIes '''.000 12.000 S43<4OO PrtntIng&B1nd1ng 1,000 1,000 5047200 Employee Expem. Travel 7,500 10,000 5047300 Employee Expem.Auto A1lowanc. 200 1,000 50470400 Employee ElCperIae-Mea1s 100 200 550100 0ItIce SuppUe$ 2.000 2,000 5500400 Operating Suppllea 5,000 4.500 557100 Memberships and Subacrlptlons 5,000 5.000 557300 Training and ReIwence 6.000 6.000 571200 PrInclpel peyment for loan 0 <44,17" 571220 Interest payment for loan 0 35.206 581000 Payments to Other AgencIes-DDB 31,17" 31.17" . 582000 AId to PrIvata OrganIzatIons 55.000 55.000 167.92" 254,679 CapItal ~ 56400 FumIu... & 0ItIce Equlpmant 1,700 1,700 1,700 1.700 Internal SaMca 540200 Documant Reproduction 2,000 2,000 5040700 Poatal ServIce 500 500 !5oC 1300 PrInt Shop 1,500 2,000 ".000 4,!500 Trans"'" out: 590200 o.n..I Fund- AdrniItr.tlw 180,652 164,012 580800 PMtdng Fund. SlMday Downtown 15,000 15,000 580800 PMtdng Fund . HarbOMIw ' 8,380 8,_ 5120400 Partdng Fund . GanIIn 0...,. 33.705 22,470 5lIOeOO Eco. DavIpmnt'lncantM fund 51,071 51,071 5lIOeOO IMR UIncIIcepIng fund 313 313 5820400 MiacItIanaoua R.....lopment Prell. 7,848 7,848 29<4,948 287,07" Total Expendltura. _,In 147,_ Exc... of Revenue. OVer Expenditure. Community Redevelopment Agency Agenda Cover Memorandum Item # if ,5'15.00 cro-.... Meeting Date: SUBJECT/RECOMMENDATION: To authorize the City's contractor to demolish the commercial structures located at 841, 901-927 Cleveland Street (parcels A & B) and that the appropriate officiills be authorized to execute Silll1e. SUMMARY: . On June 3, 1999, the CRA approved the purchase of the two Dimmitt Property parcels of land along Cleveland Street known as Parcels A & B. . On October 18,1999, the CRA trustees authorized the issuance of a Request for Proposals and Qualifications to solicit proposals for the development of these parcels. The RFP/Q stated the CRA would provide a developable site. . On December 6, 1999, the CRA trustees accepted the Balk Company proposal for development and authorized negotiations between staff and the Balk Company. Staff is still negotiating with Mr. Balk from the Balk Company. . The Brownfields' appropriation dollars are being used to pay for the demolition of these buildings in order to prepare the site for the proposed redevelopment. Reviewed by: {11W- legal PI Budget NA Purchasing NA Risk ~ Mgmt Originalin Info Tech NA CRA Public Works ~ User Dept. DCtv\! ACM Other NA Attachments Costs Total Funding Source: C.lpitallmptO\"concnt Current Fiscal Year Operating O1hcr Appropriation Code: o None Rev. 2/98 . , '. ',' \ '; '; . '~.';' ;.:..:-;-..r' .;.~~.i.:_