03-18-2002
AGENDA
. COMMUNITY
REDEVELOPMENT
AGENCY
03/18/02
ACTION AGENDA - COMMUNITY REDEVELOPMENT AGENCY MEETING
Monday, March 18, 2002 - Commission Chambers
ITEM # 1 - Call to Order - 9: 1 0 a.m.
ITEM #2 - Approval of the Minutes - Regular Meeting 3/4/02
ACTION: Approved as submitted.
ITEM #3 - Approve transfer of $30,000 to City to fund portion of contract with URS
Corporation for "Soil Remediation, Ground Water Monitoring and Treatment activities" as
outlined in the Development Agreement with the Balk Company, Inc.
ACTION: Approved.
ITEM #4 - Executive Director (Assistant City Mana!=Jer) Verbal Reports - None.
ITEM #5 - Other Business - None.
ITEM #6 - Adjourn - 9: 12 a.m.
acr03b02
1
03/18/02
.
Meeting Date:
Mar. 18.2002
~fl~
CO~ REDEVELOPMENT
AGENCY
Agenda Cover Memorandum
Final Agenda Item #
SUBJECT /RECOMMEN DATION:
Approve the transfer of $30,000 to the City to fund the portion of the contract with URS Corporation for "Soil
Remediation, Ground Water Monitoring and Treatment activities" as outlined in the Development Agreement
with the Balk Company Inc.,
[8J and that the appropriate officials be authorized to execute same.
SUMMARY:
· On March 4th, 2002 the Community Redevelopment Agency approved a Development Agreement with The
Balk Company Inc., for the construction of 100 residential townhomes, a swimming pool, and a community
facility.
On March 7th, 2002 the City Commission approved an Interlocal Agreement between the City and the
Community Redevelopment Agency regarding The Balk Company, Inc., residential townhome development
proposal for the purpose of facilitating the proposed redevelopment of the site by providing cooperation of
the CRA and the City for site consolidation, site rehabilitation and payment of development related fees.
The City has committed to certain remedial actions on the property pursuant to the Brownfields Site
Rehabilitation Agreement entered into between the City and Florida Department of Environmental
Protection.
The remaining environmental activities are anticipated to be $231.050 and are itemized as follows:
$172,250, remaining soil removal costs (Balk provides $130,000 of this amount)
$28,800, groundwater samples from five monitor wells as outlined in the Monitor Only Plan (MOP).
$30,000, dewatering treatment and monitoring for pool construction.
. As stated in the development agreement, The Balk Company Inc., will reimburse the City $130,000 for soil
remediation for the Stage \I property. This will be applied to the URS contract of $231,050 leaving a
balance of $101,050 of this contract obligation to be paid from funds available in the State and Federal
Brownfields Program ($71,050) and the CRA budget ($30,000).
Reviewed b~ Originating Dept: ~ Costs $30.000
Legal Info Tech Economic Development! . Total
Budget ~ Public Works ser Dept. Funding Source:
Purchasing A DCMlACM Economic Development C..pitollmpro\'f!l1Ien' Current Fiscal Year
Risk Mgmt NA Other NA Attachments OIM!r.w:"'J
01~ X CRA.
I!I None
Funding Code:
188-09311-590200-552-000
Rev. 2/98