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06/03/1999 - Special (2)COMMUNITY REDEVELOPMENT AGENCY SPECIAL MEETING CITY OF CLEARWATER Jude 3, 1999 Present: Brian J. Aungst Chair Ed Hooper Trustee J. B. Johnson Trustee Robert Clark Trustee Ed Hart Trustee Also Present: Michael J, Roberto City Manager Rick Hedrick Deputy City Manager Pamela K. Akin City Attorney Cynthia E. Goudeau City Clerk . Patricia 0. Sullivan Board Reporter The Chair called the meeting to order at 7:03 p.m. at City Hall. ITEM #2 - Approval of Minutes Trustee Hooper moved to approve the minutes of the March 29, 1999, 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 - Accept assignment of option for Dimmitt property from City and approve extendin the option for an additional 6 months at a cost of $50,000 On December 10, 1998, the City Commission approved the option to purchase Dimmitt Property parcels A & B. The City was not charged for the first 180-day option. An additional six months' option, at a cost of $50,000, will allow the CRA (Community Redevelopment Agency) to control the land for 6 months in an effort to assure the property's redevelopment meets Commission redevelopment objectives for this area. On January 19, 1999, the Trustees approved establishment of the Economic Development Incentive Project Fund to provide money for redevelopment projects. Staff recommends money from this fund be used for a six months' option for Dimmitt Property parcels A & B. Trustee Clark moved to accept assignment of an option for the Dimmitt property from the City and approve extending the option for an additional 6 months at a cost of $50,000 and that the appropriate officials be authorized to execute same. The motion was duly seconded and carried unanimously. ITEM #4 - Adiourn - 7:04 p.m. ATTEST. City Clerk ,2 tin=,4_X Chair mcr0699 06/03/99