01/18/2000 (2)E
.t::i: r? ?rl./..' e!i'+• f •/tSrY .r r, ',"1 !' .i- .i r .?. 1. r ? ?? ? t'l l` ' i ? ; ??
?.<<;, 5. }' ??Ej?r: rl 1?' '.L .fr .rr.?.' 1 r?f ?k ?.IE?- !?!• .. 4 `. 'r, ?, ?•'E I :1 , ?r
i
COMMUNITY REDEVELOPMENT AGENCY MEETING
r CITY OF CLEARWATER
January 18, 2000
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
Bob Keller Assistant City Manager/CRA Executive Director
Pamela K. Akin City Attorney
Cynthia E. Goudeau City Clerk
Patricia 0. Sullivan Board Reporter
The Chair called the meeting to order at 9:00 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
Trustee Clark moved to approve the minutes of the December 6, 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 - Approve Fiscal Year 1999-2000 First Quarter amended CRA bud et;
authorize appropriation of entire balance remaining in CRA Trust Fund as of
9/30/2000 to the Miscellaneous Redevelopment Project Fund
Total revenues increased by $41,260 due to the millage rate increase from
5.118 to 5.5032 and taxable value increase from an estimated $115,727,740 to
$117,472,940. Operating expense adjustments relate to a $1,500 increase for
document reproduction and print shop line items by the City Graphics Department to
prepare award applications, color copies, photo scanning, etc. The Capital
Expenditures line item for Furniture and Office Equipment is for a new $1,700
printer. Transfers Out adjustments to the Economic Development Incentive Fund
increased by $36,071 due to increased tax increment revenues. With this money,
the CRA (Community Redevelopment Agency) will assist businesses to locate in the
CRA District. The IMR Landscaping fund is tax increment money from the IMR
project for this fiscal year. The $59,780 taxable increment equates to $313 TIF,
Trustee Johnson to approve Fiscal Year 1999/2000 first quarter amended
CRA budget and authorize the appropriation of the entire balance remaining in the
CRA Trust Funds as of September 30, 2000 to the Miscellaneous Redevelopment
Project Fund. The motion was duly seconded and carried unanimously.
mcr0100
1
01/18/00
??r` ?.r .' • ?'r? ? '•?? ?l 1'r'1 ?r?a? `li i ? ?'? r f' ?F ? ? ,. G'?` / 1 ''
ITEM #4 _AQnrov_e_chame_in dates to Interlocai_Agreement between CRA & DDB to
redirect outstanding financial obligation per 1963 Participation Agreement towards
economic development activities .
On October 18, 1999, the CRA Trustees agreed to modify the 1983
Participation Agreement with the DDB (Downtown Development Board) and redirect
the financial obligation to economic development activities because the CRA had
sold the Atrium office complex and Park Street Garage properties identified in the
Agreement. While the original agreement required payment on October 1 each year,
the revised agreement requires payment on February 1 of each year. The date was
changed because the DDB dons not receive its tax revenues until December or
January.
Trustee Hooper moved to approve the change in dates to the Interlocal
Agreement between the CRA and DDB to redirect the outstanding financial
obligation per the 1983 Participation Agreement towards economic development
activities and that the appropriate officials be authorized to execute same. The
motion was duly seconded and carried unanimously.
ITEM #5 - Executive Director Assistant City Managed- Verbal Reports
Assistant City Manager/CRA Executive Director Bob Keller said CRA approval
is needed for staff to distribute the $350 collected from Downtown vendors for
sponsorships of Holiday celebrations.
Member Hooper moved to approve staff distribution of the $350 collected by
the CRA from Downtown.vendors for sponsorships of a Holiday celebration. The
motion was duly seconded and carried unanimously.
Downtown Manager Diane Smith announced the Downtown concert series
will be featured on the last Friday of each month.
ITEM #B - Other Business - None.
ITEM #7 - Adiourn
The meeting adjourned at 9:06 a.m. I-V
air
ATTEST:
City Clerk
mcr0100
2
01/18/00