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09/15/2008 COMMUNITY REDEVELOPMENT AGENCY MEETING MINUTES CITY OF CLEARWATER September 15, 2008 Present: Frank Hibbard Chair/CRA Trustee Carlen Petersen CRA Trustee John Doran CRA Trustee George N. Cretekos CRA Trustee Paul Gibson CRA Trustee Also present: William B. Horne II City Manager Jill S. Silverboard Assistant City Manager Rod Irwin Assistant City Manager/CRA Executive Director Pamela K. Akin City Attorney Cynthia E. Goudeau City Clerk Patricia O. Sullivan Board Reporter The Chair called the meeting to order at 1:34 p.m. at City Hall. To provide continuity for research, items are in agenda order although not necessarily discussed in that order. 2 - Approval of Minutes 2.1. Approve the minutes of the September 2, 2008 CRA meeting as submitted in written summation by the City Clerk. Trustee Petersen moved to approve the minutes of the Community Redevelopment Agency meeting of September 2, 2008, as recorded and submitted in written summation by the City Clerk to each Trustee. The motion was duly seconded and carried unanimously. 3 - CRA Items 3.1. Approve the Interlocal Agreement with the Downtown Development Board (DDB) to provide personnel, administrative and management responsibilities during Fiscal Year 2008-09 in the amount of $57,480 and refund the difference between the CRA tax increment fee of $148,146 and the management fee of $57,480. Florida Statutes 163.387 requires all taxing authorities, which includes the DDB (Downtown Development Board), to make an annual appropriation in an amount equal to the incremental increase in the ad valorem revenue within the CRA (Community Redevelopment Agency) area. The DDB’s increment payment is $148,146 according to the Pinellas County Property Appraiser’s office. In a spirit of cooperation to further the downtown redevelopment plan, the CRA Trustees executed the first Interlocal Agreement in FY (Fiscal Year) 1999-2000 to provide personnel, administrative, and management responsibilities to the DDB and to refund the difference between the increment payment and the management fee. This is the ninth fiscal year that the CRA would enter into the agreement. Community Redevelopment Agency 2008-09-15 1 Pursuant to Florida Statute 163.01, the CRA and DDS can enter into this agreement in which the DDS agrees to perform certain responsibilities and functions including funding projects and programs consistent with and in furtherance of the downtown redevelopment plan. The intent of this agreement is for the DDS and the CRA to work collaboratively on projects and programs that further downtown goals and objectives. This year, downtown retail and restaurant recruitment programs and downtown events are the focus for the CRA and the DDS collaboration. The management of the DDS by CRA staff enables the CRA and the DDS to utilize the public dollars more efficiently and provide support to the Main Street Program. The agreement also outlines the DDS's commitment to financially support the construction debt service, operation and maintenance of the boat slips, docks, boardwalk, promenade, and related facilities proposed to be constructed on the Downtown Waterfront. The DDS made its first contribution of $50,000 in April 2007 and its second contribution in April 2008. The intent of the DDS is to contribute up to $50,000 a year for 10 years for a total not to exceed $500,000. The DDS shall pay the CRA $57,480 for the services agreed to in the Interlocal Agreement. The compensation shall be deducted from the tax increment payment of $148,146. The DDS approved the Interlocal Agreement at their meeting on September 3,2008. Trustee Doran moved to approve the Interlocal Agreement with the Downtown Development Soard (DDS) to provide personnel, administrative and management responsibilities during Fiscal Year 2008/09 in the amount of $57,480 and refund the difference between the CRA tax increment fee of $148,146 and the management fee of $57,480. The motion was duly seconded and carried unanimously. 4 - Other Business - None. 5 - Adjourn The meeting adjourned at 1 :36 p.m. :::-1 ~-.. /<.. ~I ~ ~/ :/ __........"'"''''''"'._ pr. ~ //,2- Chair Community Redevelopment Agency :~~ (. )j.. Qo r.. _ \\\,"11111 111/ I I II ",'~~"ELOP4f~'11 F!" <'.'V p..RW4 !-,."J.-.- ~ ;n.'Y. .........;;11'~... ~ ~ \"~ ., ~..",'~ ~ ~.... ...~-~ ;:/r... ':1' ~Q ~ ~~ CORPOII.4"~ \~~ ~ :::) * 'Ie ,(""z- ~~- Sl~ l~~ :=. .c.,: 11 1" :- ::: \9" O<<~ &~~ ~.., .... ~ ~ .. ~T~ ~ .ez. ~,~ ""'" ORICA ~""" '1111111111111"'\\ Community Redevelopment Agency 2008-09-15 2