09-16-2002
AGENDA
COMMUNITY
REDEVELOPMENT
AGENCY. .
09/16/02
AGENDA
Community Redevelopment Agency Meeting
Monday - September 16, 2002 - 9:00 a.m.
1. Call to Order
2. Approval of Minutes: 8/19/02
3. Approve Interlocal Agreements with the Downtown Development Board to provide
personnel, administrative and management responsibilities during Fiscal Year 2002-03
in the amount of $45,427.
4. Executive Director (Assistant City Manager) Verbal Reports
5. Other Business
6. Adjourn
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Community Redevelopment
Pgency
,Agenda Cover Mmorandum
Final Agenda Item #
Meeting Date:
~
v
Sept 16. 2002
SJB.B:T/RB:OMMe.J DATION:
Approve Interlocal Agreements with the Downtown Development Board (DDS) to provide personnel,
administrative and management responsibilities during Fiscal Year 2002-03 in the amount of $45,427.
X and that the appropriate officials be authorized to execute same.
SUMMARY:
· The CRA Trustees executed the first Interlocal Agreements to provide personnel, administrative
and management responsibilities to the DDS in Fiscal Year 1999-2000. This is the fourth fiscal
year that the CRA would enter into the agreements,
.
The agreements between the CRA and the DDS states the CRA w ill provide a comprehensive
scope of administrative and programmatic functions to the DDS,
.
The management of the DDS by CRA staff enables the CRA and the DDS to utilize the public
dollars more efficiently.
.
The DDS shall pay the CRA $3,785.58 per month for the services agreed to in the Interlocal
Agreements. The DDS's estimated share of the CRA tax increment revenues for Fiscal Year
2002-03 is $60,834. The compensation shall be deducted from the tax increment payment.
The difference between the administration fee and increment payment will be returned to the
DDS to provide financial support for Clearw ater' s Main Street program.
· The interlocal agreements are available for review in the City Clerk Department.
Reviewed ~r---~'
Legal ~.K0j~_'nfo Tech
Budget Public Works
Purchasin ~ DCM/ACM
9
Risk.Mgmt NA
NA
NA
Origln8tlng Dept:
Econ. Develop.
Co.t.
Caplt.llmp<ovemenl
Total
DDS tu Increment
dol..
Current Fiscal Year and
FY 00/01
u.... Dept. ~
~ eRA (lJbi
Funding Source:
Other
NA Attachment.
Oper.lillQ
Other
Submitted by: -BiU ~
City M.,..eaer
o Printed on recycled p.per
2/98
m None
Appropriation Code:
188.09311-590200.581 ..()()()
Rev,