12/15/1988 (2)
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COMMUNITY REDEVELOPMENT AGENCY AGENDA
December 1S. i988
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1. Call,to Order.
1. 6:15 P.M.
2. Approval of Minutes for
" September 1St 1988.
2. 'Appr~ved as submitted.
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3. Development Proposals to
Construct Housing on the Bilgore
Tract.
3. Authorized staff to negotiate
with H & G Structures.
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4. Request for Extension of Leas~ by
Bi1gore Groves.
4. Extension to ApFil 30. 1989~
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5. Resolution '88-1 Requesting"
County Commissioners to Cancel
and Discharge a Certain Tax Lien
'Upon Municipal Property, Acquired
for Public Purposes arid to Grant
a Tax Exemption.
5. Adopted'.
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6. .Warranty Deed for ROW at Park
S~reet and Myrtle Avenue granted
'to the, City.
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6. Granted.
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7. Other Business.
7. None.
8,. Adjournment.
8. 6:52 P.M.
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COMMUNITY REDEVELOPMENT AGENCY
December 15. 1988
The City Commission met as the Community Redevelopment Agency at the,City
Hall. Thursday, December 15, ,1988. at 6:15 P.M.. with the following members
present:
Rita Garvey
James Berfield
Lee Regulski
Don Winner
William Nunamaker
Mayor-Con~issioner/ChairperBon
Vice-Mayor/Commissioner
Commissioner
Commissioner
Commissioner
Also Present were:
Ron H. Rabun
Joseph R. McFate III
M. A. Galbraith. Jr.'
Cynthia E. Goudeau
City Manager/Executive Director
Planning & Development Director
City Attorney
City Clerk/Secretary
ITEM #2 - Minutes.
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Commissioner Nunamaker moved to approve the minutes of the September 15,
1988 meeting. Motion was duly seconded and carried unanimously.
ITEM #3 - Development Proposals to Construct Housing on the Bilgore Tract.
On June 19. 1986. the Community Redevelopment Agency (CRA) approved the
purchase of the tract of l~nd known as the Bilgore Tract for $690.000.00. The
property is located in the tax increment financing district of downtown
Clearwater and is bounded by East Avenue. Pierce Street, Myrtle Avenue, and
Park Street.
The purpose of the acquisition by the eRA was to {1} proyide future
developmp.nt opportunity and furtherance of the Downtown Redevelopment Plan and
(2) provide interim off-street parking if necessary. The property is
presently used for parking of police vehicles and Lots 6 ~nd 7 at the
southeast corner of the ,site are under a: lease which expires on February 28.,
1989.
L/
On November 14, 1988, the City Commission heard presentations for
constructing residential units on the site from two developers, Arlington
Capital Corporation and H & G Structures. The Commission requested staff
continue to investigate both proposals and to come back with additional
information which/would help to d~cide which of the two proposals. if any,
should be pursued for fin~l negotiation of an agreement for sale.
Arlington Capital Corporation's proposal is to construct a' 90-unit
apartment complex on the property. to lease, the property from 'the City.
selling after a 5-year period with 50 percent of the profits going to the
December 15, 1988
88
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City. They stated , that the apartment complex will att.ract young
professionals ,to the downtown area. An influx of people to live in downtown
is needed for a firm econonic base in the area. ,
H & G Structures' proposal is to buy the land and to develpp it as
condominium units. They stated that while there may not be BS many,
condominiuul units as rental apartments, the people buying the condominiums
will actually be making an investment in the downtown area.
Richard Whaley, representing Arlington Capital Corporation, gave a brief
review of their proposal and John Gallnnt, representing H & G Structures,
reviewed that" proposal.
Discussion ensued regarding the two alternatives with concerns being
raised regarding the Arlington Capital Corporation's proposal that the City
would still be involved with the property at least during the 5-year period
,'before aale, and that with' the H & G Structures' project, once the City
closes on the sale, the City is no longer a party to the property.
In response to a question, Mr. Gallant said he has letters of intent for
the purchase of condominium units and he stated, if the City were to choose
his project. they will have 50 'percent of the units sold by March 1, 1989.
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Some concern was raised regarding H & G's proposal to buy only that
portion of the land on which the structure was placed and Mr. Gallant
indicated they would purchase the whole property. Questions were raised
regarding the purchase price and it was indicated this would be determined
through negotiations.
COnIDlissioner moved to authorize staff to negotiate with H & G Structures.
The motion was duly seconded and carried unanimously.
ITh"M 4 .' Request for Extension of Lease by Bilgore Groves.
Mr. William Donaldson under the name of Bilgore Groves is leasing the
building preoently locatp.d on the Bilgore tract. That lease is currently ,
scheduled to expire February 28. 1989. Mr. Donaldson io requ~sting a 90-day
extension to terminate on May 30, 1989. He operates a citrus fruit mail-
order business from this location and' his season does not end 'until May.
Discussion ensued regarding the impact this would have on the sale of the
property to H & G Structures. It was indicated that the closing was
anticipated March 1, 1989. However, after that time, there would still need
to be architectural and design work prior to any construction taking place on
the property.
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Discussion e~sued regarding whether or not to extend the lease until
April 30, 1989, with an option to lease for another 30 days. The City
Attorn~y stated th&t H & G Structures could purchase the property with the'
understHnding that the lease would be valid until whatever time' the Commission
sets. It was indicated that there waS H 30~day cancellation clause in the
present lease.
December 15. 1988
89
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Commissioner Nunamaker moved to extend the lease to Bilgore Groves to
April 30, 1989. The motion was duly seconded and carried unanimously.
ITEM. IS -'Resolution 88-1 ReQuestinR County Commissioners to Cancel and
DischarRe a Certain Tax Lien Upon Municipal Property Acquired for Public
Purposes and to Grant a Tax Exemption.
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When the City purchased the property known as the CETA property from the
County, it was indicated it would not be necessary for, the City to request tax
exemption. However, the 'City has received a tax bill for this property and it
is now necessary to:request that the County discharge the existing tax lien
arid exempt the property from taxes as long as the eRA continues to own it.
Commissioner Regulski moved to adopt Resolution 88-1. The motion was
duly secondednnd carried unanimously.
ITEM #6 - Warranty Deed for RiRht-of-Wav at Park Street and Myrtle Avenue~
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Commissioner Nunamaker moved to grant the warranty 'deed to, the City of
Clearwater. The motion was duly seconded and carried unanimously.
ITEM #7 - Other Business.
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There was no other business.
ITEM #8 - Adiournment.
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The meeting adjourned at 6:S2 P.M.
K~~
Mayor/Cqrnmissionet ,
Chairperson, Community Redevelopment Agency
ATTES'I':
Clerk':
tary, Community Redevelopment' Agency'
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,December 15, 1988
90
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