03/16/1998 (2)
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COMMUNITY REDEVELOPMENT AGENCY MEETING
CITY OF CLEARWATER
March 16, 1998
Present:
J. B. Johnson
Robert Clark
Kar9n Seel
Bob Keller
Michael J. Roberto
Kathy Rice
Pamela K. Akin
Cynthia E. Goudeau
Brenda Moses
Vice-Chair/CRA Trustee
CRA Trustee
CRA Trustee
Assistant City Manager/CRA Director
City Manager
Deputy City Manager
City Attorney
City Clerk
Board Reporter
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Absent:
Rita Garvey
Ed Hooper
Chair/eRA Trustee
CRA Trustee
The Vice-Chair called the meeting to order at 9:08 a.m. at City Hall.
To prOVide continuity for research, items are in agenda order although not necessarily discussed
'In that order.
ITEM #2 - Approval of Minutes
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Trustee Seel moved to approve the minutes of the February 17, 1998, meeting as
recorded and submitted in written summation by the City Clerk to each Trustee. The
motion was duly seconded and carried unanimously.
ITEM #3 - New Business
a. Approve the amended First Quarter FY 97/98 budget and authorize the
appropriation of the entire balance remaining in the CRA Trust Fund as of September 3D,
1998, for previously approved redevelopment projects and those to be identified in the
redevelopment plan.
The revenue budget has been amended to reflect changes in amounts already received
or amounts expected to be received. The expenditure budget has been amended to reflect
changes in operational costs expected to be incurred. State Law requires the DDS (Downtown
Development Board) to pay their share of the tax increment revenues to the CRA. The last 2
years the CRA returned the funds to the DDS in exchange for specific services. It is
recommended the funds not be returned to the DDS due to the potential of creating the
Downtown Alliance. The budget reflects the removal of the poyment to the DOB under
operating expenditures to the Miscellaneous Redevelopment Project Fund. It is also
recommended that CRA trustees authorize the appropriation of the entire balance remaining in
the CRA Trust Fund as of September 30, 1998, for redevelopment projects that have been
previously approved and those which will be identifIed in the redevelopment plan.
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Downtown Manager Diane Smith said the major changes to the operating budget is
under the Tax Increment Revenue category, which was less than expected. An accounting
transfer was made to the parking garage fund, additions made to the professional services line
item, advertising and equipment rental line items were decreased, and transfers out for 'the
parking fund have been amended. She recommended the CRA not reimburse the balance of
remaining funds in the CRA Trust Fund pending the formation of the Downtown Alliance. In
response to a question, she said funds for miscellaneous redevelopment projects are not
allocated to specific projects.
It was requested this matter be brought before the DDS before a final decision is made.
It was noted the DDS has budgeted the routine transfer of funds for the last 3 years. Last year
it was done under a resolution of "he CRA, directing the money be used for specific projects. In
response to a qUAstion, Assistant Liit Manager/CRA Director Bob Keller said DDS late
payments involve staffing issues and should be forthcoming. A $7,000 payment was a result
of development of the Atrium building. The CRA and DDB agreed to reimburse a portion of the
cost over time.
Trustee Seel moved to continue Item #3a. The motion was duly seconded and
carried unanimously.
ITEM #4 - Assistant City Manaaer Verbal Reports
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Ms. Smith said the Mainstreet program is scheduled for April 22, 1998, at 6:00'
p.m. Three Mainstreet managers from other cities will give presentations. She said 250
people attended the Brown Bag lunch concert series in Station Square Park the first week.
ITEM #5 - Other Business - None.
ITEM #6 - Adjournment
The meeting adjourned at 9:20 a.m.
ATTEST:_~Z: /:L.!Jz ~
City Clerk
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