09/18/2000 (2)
. ,<
"' ",
. : '.,. , c ~ j .' \, I j. 'l
~ . .. ~, '".:~ " ". ~~.I. ,II. \ ,"."
:~Y:~t)':"J:,>:;,,<,,:';,:"':I:': ',!'>';,; ,;';' :':,." ",'
'. . ~ >. " I;~ .
",
,. i ~. :' i. I
" , .
, "
. '"/." :
. ',./ "'-,
, , 1..1 I':
~ " .
, '
. ,
"
, "
;. ~
/. ,,' "
. ,
, J
o
COMMUNITY REDEVELOPMENT AGENCY MEETING
,CITY OF CLEARWATER
,.September 18, 2000
"
Present:
Brian J, Aungst
Ed Hooper
Robert Clark
Glenn Warren
Chair
, Trustee
Trustee
Ex-Officio
Absent:
Ed Hart
J. B. Johnson
Trustee
Trustee
Also Present: WiI,liam B. Horne II
Diane Smith
Pamela K. Akin
Cynthia E. Goudeau
Brenda Moses
Interim City Manager
Economic Development Program Manager
City 'Attorney
City Clerk
Soard Reporter
Tho Chair called the meeting to order at 9:06 a,m. at City' Hall.
To provide contin.uity for research, items are In agenda order although not
necessarily discussed In that order.
,:~'.l~
~ ' .~.,
"./).)
ITEM #2 - Aoproval of Minutes
,'.i
.~.
Trustee Clark moved to approve the,minutes of the June 12, 2000, meeting,
as recorded and submitted in written summation by the City Clerk to each Trustee,
The, motion was duly seconded and carried unanimously,
':.'
!:'.
c ~ '1;;
/ ~!.
/;;
('
ITEM #3 - Interlocal Aoreement with Downtown Develocment Board, eRA to
provide personnel, administrative, and management responsibilities in exchange for
$42,000 during Fiscal Year 2000-2001
~:
':\}
~ ...~.
I '<~
(.
'\:j.
'I,
" ,
.<. .
';{
/'
'j
'"
I/,:~
I'
\\
The eRA Trustees executed an Interlocal Agreement with the Downtown
Development Board (DDS) in fiscal year 1999/00 to provide personnel,
administrative, and management responsibilities to the DDS for a one-year period
ending on September 30, 2000, The CRA and the DDB would like to continue the
relationship for the 2000101 fiscal year, The agreement between the CRA and the
DDB states the CRA will provide a comprehensive scope of administrative and
programmatic functions to the DDS. The management of the DDB by CRA staff
enables the CRA and the DDB to utilize the public dollars more efficiently. The DDB
shall pay the eRA $3,500 per month for the services agreed to in the Interlacel
Agreement, The DDS's estimated share of the CRA tax increment revenues for
Fiscal Year 2000101 is $37,653. The compensation shall be deducted from the tax
increment payment. Once the tax increment funds are exhausted, the
compensation shall be paid from DDB funds budgeted for that purpose,
, ,
, .
\.>
~~ / ~
-'I
j
"
"
\J
'"
mcr0900 '
1
09/18/00
>' "
. ....
',"~ "';~""': <,:,/; I,' "';"':\'~."">,',' ,>. '.' ',<' ,::i'\':<':':/"~'\ :,... ~",;',>:~/:;:,: ';' .' >~ '; ,;~,;~,,:~,","~I"!','" ,~>" '\ <>':'i' ;", :/,~::;J '\' :~:', :.,,',,~,;, ,: '~\'>,.:' ':;, :,',: ,'; ":,,:,,;:';>' ;, \',' :;; \',' ;\' :,\ i,;:'} i'i':,Y;:' ;;':',}~:J~:,,'i", ~I; (~
, , . . J / ~ ., . I; I';. ., _ ., I' .... . ~ I' ,:... L. ., ' I.~ I. . . ~' .,~., . I -I) ,~. ,,/ I t;.I.. .' . , ~ \.. .... . I. . , '. ( , , ",,"
. ..."'....I./...'~;:'.~. ..1",: '~+'l~J..o:".':"'.,.'_' ~,.'~'. \ . t",'" .' ..'.' .:\ '1'.(;"11 ,r ,..'....~ .J..~..,'\~'I .... ~'.. ,'.l..~~''':'l,'r '-')"" .. \ I '
',<; "~...l\ ,. I"I'C.''';~ +. 'I'''''/'::.l~',/ ,,I. ,;~.If'~' .I.} :'; t.!.,\,' .~"'" \ ''-'\' 'I' t,
',"" \,~ :.l\ .,,'_.//,'</ <'i~\I"~"."t'~~;'JI" " ~\' . i \"'1'.< 1'/"'1 ~. ,,/Wj ,<'I'/el ',i
. _, I. , ...... I' ". ~I '~. ~ ~ .~~'.",:,':' ,;,\' ""';::';"';'.'~",,":,,'~,':,,":~:"':""':',_f~/:,:'.';,;,1,.>/'
\:\ ..... l:\c,"'~ ...'.I...~\:..,.I,::.+~:.,;':...~~..~::,.:..~ .':~;,'/.l ,', L '."'I:.:.~~'-:/,' r~~""\ ..: .,\t;'j':" :\." \.;t{~.;~ ~~.. /"
.1 . + ,>', \
:r:; 'I~ . /~ t' 1<
~ I' '
" . .
..
,
'.,.,1.;
.;,. :' 1 i ,,:: "> < ,I '.~) f
j ~ " .
,. ,
',' I
"
.' ..
" I
.! ,
, ,
,'" "
" '
4,1' '"
.,
/J
Trustee Hooper moved to approve the lnterlocalAgreement with the
Downtown Development Board (DDSI for the eRA to provide personnel,
administrative and management responsibilities in exchange for $42,000 during
Fiscal Vear 2000/01 and that the appropriate officials be authorized to execute'
same. The motion was duly seconded and carried unanimously.
ITEM #4 - Adoet Fiscal Year 2000~2001 CRA budget
The City's tax increment revenues are based upon the estimated taxable
property values. A first quarter budget amendment will be made to adjust for the
final taxable property values. The other miscellaneous revenue line item includes
$101,607 transferred out of the Economic Development Incentive Fund to cover the
costs for the Dimmitt Property loan from the Central Insurance Pool. The operating
expense line items have minimal changes from the previous year, The incentive
expense Une item is the balance of the CRA's commitment per the Wakely and
Associates agreement for parking, The IMR landscaping fund dollars have
'significantly increased because most of the IMR development is on the tax rolls.
The development agreement requires the CRA to deposit funds for a 3-year period,
In response to a question, Economic Development Program Manager Diane Smith
said the difference between "other miscellaneous revenues 1/ in the proposed budget
for 2000/01 and the third quarter 1999/00 budget is due to the process by which
money flows in and out of other operations,
f: ")"
\ .. ~
.,1,
Trustee Hooper moved to adopt the FY 00/01 Community Redevelopment
Agency budget. The motion was duly seconded and carried unanimously.
ITEM #5 - Aoprove amended Third Quarter Fiscal Year 1999-2000 CRA budQet;
authorize appropriation of entire balance of CRA Trust Fund remaining as of 9/30/00
to Miscellaneous Redevelopment Project
The third quarter CRA budget reflects several amendments, On December 6,
1999, the CRA Trustees approved the purchase of the Dimmitt properties, parcels A
& B. The City agreed to provide an interfund loan of $1,171,328.30 to the CRA in
order to purchase this property. The loan needed to be accounted for in the eRA
'budget. Therefore, an entry is in the revenue portion of the budget under "Transfers
In" and the expenditures under the "Capital Expenditure" part of the budget. It is
estimated the CRA interest earnings will increase by $53,000, The actual interest
earnings will be determined at the end of this fiscal year. This increase in interest
earnings was split between the Economic Incentive Fund and the Miscellaneous
Redevelopment Project Fund. The Incentive Fee under the Operating Expenditures
portion of the budget was increased by $8,000. This fee is part of the Wakely and
Associates agreement to provide $40,000 of parking if they employed more than 96
employees to work in downtown Clearwater. Under the Internal Services Charges,
a garage variable line was added in the amount of $250 to cover the use of City
, vehicles for business trips that do not require airline travel.
)
....-1
mcr0900
2
09/1 BIOO
'....1.
." 1 . .
; ':/:,:,!,~~~,y j I:,I',;~,:', '~'::; i~.<" ' ,"~ ' .'.', ".; ,j \~<". :~;,,"'" :',:::< I" > ,~:~~'.I~ '~><.>.. .'1>'\ .'. :', ~>':: : >:'.,': :.<, ~;:,.I, I>,; .~', ,'.':<:,,\ ':, J, i,~:::':'~,,:,:/'<' ,Ii::: ;,\~,~, :<_~"':,:,~\<~ ~:',.,';:>:~ :'~L.,;>\,:',': /\~, '{::{':
,'.,1'" ',.\,",..'/' ("",;",,,,,., t ,./, "/'~')\' "0" " '1'" "c' 11'\'. 1,.", '\ (,.1\",,).. ,'., ",.,.. \...' ,\ "..),\1"., '," '..., "
1,\\," "'. ,~ '.....L ,. :,:,.'\".' I",(j;. "~("'. ."'.",I"',;>,,,.j,',',\ ..... .~, l'.'t' \;tl'f \., 'f,j.t, " ,", '.1' ~.':'l' '~"I' ~ \ ~:~ \.;.~"'~'.'
'.",.,,' (".;, " "'.'.',"', '.31' :I...:I"""",.I"','~...~\~/..,,' ~,;':, ;1.;...... '1/"'I/~"'.'\ '.; 'll,l'" /~.~ IJ.\"I"~' , I,\! ,:l~'~.'''t>,~" ,":j.f' I, 'cl.,\,'c~I:"~
. /\,'11 I . ,1 )'1/.1',".' I '~"d~/"'\;"'" ....,' '\~'~I:':".r.' t: ,.. .. ':1 ' !;I:~.., ":,'" (:\,' .,,\I..*.~I:.t..t "j:.,.:,
h.'.)' :'\ ,.\,1..',,\\ I~II' \ ,",., ,.1,.....1. ~l\ll( .~~ '" )r~. ....... I'\"~/l "'l ,".' l\ 1:,,1 ','''\\';\.''" ~,.
. \' '."'<'< .~.:,::'.>,,\:\tl '.~ll/.~> J,.-,'t<>....~., \'~.I 'J >,'.) , .t \ ~;~ I. ~j" '\"'~ . ".1 ./. <<i ......,~.l. . r.', .~'q~,{
,.
/: ~i"" '. ",~~. c
,} . \ . J <~ ~ ~ I,
I ,',. '
. , : \. " c ~
. !
:! '.' ~ . .
; ,\
, ,
,
.1,',.,
. ~ ;, . jo' .. I
, "
.~r':'" 'i::.. :':1.\.\\1" ;':.:,...,:, ,.,':>"
. \ '..', . ~
.' ~ ~.' j.
.' .: L.' ~ .
, '
.. ~ . j + ;. ~ c i
~ >; ;'.
, ~
" ,
, ' ,
".,
, Trustee Clark moved to approve the amended third quarter FY 99/00 CRA '
. budget and authorize the appropriation of the entire balance of the CRA Trust Fund'
remaining' as of September 30, 2000, to the Miscellaneous Redevelopment Pr'oject
Fund. The motion was duly seconded and, carried unanimously! '
\,
, \
i
, I
, I
I
I ~ "',
,ITEM #6 . Executive Director (A5si~tant Citv Manaaer) Verbal Reoorts - None.
ITEty1 #7 - Other Business
, '
Ms, Smith said on September 29. 2000, Cleveland Street would be closed
for a concert, followed by an arts and crafts festival. The DDS will hold an election
, on October 10, 2000.
, , ITEM #8 M Adiourn
,
'.1
I
1
I
The meeting adjourned at 9: 12 B.m,
ATTEST: ~2:.:. )i.. D._
" City Clerk. '
L . .
...~~
Ch' !/ ~ ,
air '
I
,I
'\
~
'.
'.
o
rncr0900
3
09/18/00