09/04/2012
COMMUNITY REDEVELOPMENT AGENCY
AGENDA
Location: Council Chambers - City Hall
Date: 9/4/2012- 1:00 PM
1. Call to Order
2. Approval of Minutes
2.1Approve the minutes of the August 13, 2012 CRA Meeting as submitted in written summation by the City
Clerk.
Attachments
3. CRA Items
3.1Approve the Fiscal Year 2012-2013 Community Redevelopment Agency Preliminary Budget and adopt
Resolution 12-02.
Attachments
3.2Approve the Interlocal Agreement with the Downtown Development Board (DDB) to provide personnel,
administrative and management services during Fiscal Year 2012-2013 in the amount of $63,724 and
refund the CRA tax increment fee of $136,709 and authorize the appropriate officials to execute same.
Attachments
3.3Approve an Interlocal Agreement between the CRA and the City of Clearwater to provide CRA funding
in Fiscal Year 2012/2013 in the amount of $149,043.67 to underwrite the cost of additional Community
Policing Services by the Clearwater Police Department in the East Gateway CRA District, pursuant to the
East Gateway Five-Year Action Program and authorize the appropriate officials to execute same.
Attachments
3.4Approve relocation build out assistance loan-to-grant for Blue Dahlia Marketplace, in conjunction with
their desire to move from the 409 Cleveland Street building, as a result of the City acquisition of said
premises for the Capital Theatre use, to 410 Cleveland Street and authorize the appropriate officials to
execute same.
Attachments
3.5Provide direction concerning the Clearwater Regional Chamber of Commerce request for a relocation
build out assistance grant in conjunction with their move from the Lokey Building, 401 Cleveland Street,
to new leased premises at 410-412 Cleveland Street.
Attachments
4. Adjourn
Meeting Date:
9/4/2012
Community Redevelopment
Agency Agenda
Council Chambers - City
Hall
SUBJECT / RECOMMENDATION:
Approve the minutes of the August 13, 2012 CRA Meeting as submitted in written summation by the City Clerk.
SUMMARY:
Review Approval:
Cover Memo
Item # 1
Attachment number 1 \nPage 1 of 4
COMMUNITY REDEVELOPMENT AGENCY MEETING MINUTES
CITY OF CLEARWATER
August 13, 2012
Present:Chair/Trustee George N. Cretekos, Trustee Paul Gibson, Trustee
Chair/Trustee George N. Cretekos, Trustee Paul Gibson, Trustee
Chair/Trustee George N. Cretekos, Trustee Paul Gibson, Trustee
Doreen Hock-DiPolito, Trustee Bill Jonson, and Trustee Jay E.
Trustee Bill Jonson, and Trustee Jay E. Trustee Bill Jonson, and Trustee Jay E.
Polglaze.
Also Present:William B. Horne II -City Manager, Jill S. Silverboard -Assistant City
Assistant City Assistant City
City Manager, Jill S. Silverboard City Manager, Jill S. Silverboard
-
Manager, Rod Irwin - CRA Executive Director/Assistant City Manager,
CRA Executive Director/Assistant City Manager, CRA Executive Director/Assistant City Manager,
Pamela K. Akin - City Attorney, Rosemarie Call - City Clerk, and Nicole
City Clerk, and Nicole City Clerk, and Nicole
City Attorney, Rosemarie Call City Attorney, Rosemarie Call
- -
Sprague - Official Records and Legislative Services Coordinator.
Official Records and Legislative Services Coordinator.Official Records and Legislative Services Coordinator.
To provide continuity for research, items are in agenda order although not
To provide continuity for research, items are in agenda order although not To provide continuity for research, items are in agenda order although not
necessarily discussed in that order.
necessarily discussed in that order.
Unapproved
1. Call to Order–Chair George N. Cretekos
Call to OrderChair George N. CretekosChair George N. Cretekos
–
The meeting was called to order at 1:48 p.m. at City Hall.
The meeting was called to order at 1:48 p.m. at City Hall.The meeting was called to order at 1:48 p.m. at City Hall.
2. Approval of Minutes
Approval of Approval of
MinutesMinutes
2.
2.1 Approve the minutes of the May 14, 2012 CRA meeting as submitted in written
2.1 2.1 Approve the minutes of the May 14, 2012 CRA meeting as submitted in written Approve the minutes of the May 14, 2012 CRA meeting as submitted in written
summation by the City Clerk.
mation by the City Clerk.mation by the City Clerk.
sum
Trustee Bill Jonson moved to approve the minutes of the May 14, 2012 CRA meeting as
Trustee Bill Jonson moved to approve the minutes of the May 14, 2012 CRA meeting as Trustee Bill Jonson moved to approve the minutes of the May 14, 2012 CRA meeting as
submitted in written summation by the City Clerk.The motion was duly seconded and
submitted in written summation by the City Clerk.submitted in written summation by the City Clerk.The motion was duly seconded and
carried unanimously.
carried unanimously.
carried unanimously.
3. CRA Items
3. 3. CRA Items
3.1 Approve the Memorandum of Agreement between the CRA and Clearwater
3.1 3.1 Approve the Memorandum of Agreement between the CRA and Clearwater Approve the Memorandum of Agreement between the CRA and Clearwater
Downtown Events, Inc, a 501(c) 4 Not-for-Profit Corporation, for the provision of
Downtown Events, Inc, a 501(c) 4 NotDowntown Events, Inc, a 501(c) 4 Not
a scheduleof Blast Friday events in the Cleveland Street District; approve a
a schedulea scheduleof Blast Friday events in the Cleveland Street District; approve a of Blast Friday events in the Cleveland Street District; approve a
$75,000 grant to Clearwater Downtown Events, Inc. to underwrite a portion of
$75,000 grant to Clearwater Downtown Events, Inc. to underwrite a portion of $75,000 grant to Clearwater Downtown Events, Inc. to underwrite a portion of
the expanded Blast Friday Program, and authorize the appropriate officials to
the expanded Blast Friday Program, and authorize the appropriate officials to the expanded Blast Friday Program, and authorize the appropriate officials to
execute same.
execute same.execute same.
CRA staff and the Clearwater Downtown Events, Inc., volunteer group have had
discussions concerning a mutual desire of the group, and CRA staff, to continue
CRA 2012-08-131
Item # 1
Attachment number 1 \nPage 2 of 4
the expanded and improved the Blast Friday event so that each event provides a
draw approaching the highly successful Miracle on Cleveland Street in December.
The CRA staff objectives are to 1) support existing retail business viability in a
period of economic downturn by creating larger crowds to create dining and retail
period of economic downturn by creating larger crowds to create dining and retail
demand for businesses in the Cleveland Street District; and, 2) provide our retail
demand for businesses in the Cleveland Street District; and, 2) provide our retail
demand for businesses in the Cleveland Street District; and, 2) provide our retail
recruitment efforts with a better customer base to encourage new
recruitment efforts with a better customer base to encourage new
retailers/restaurateurs with the confidence to locate in the Cleveland Street District
retailers/restaurateurs with the confidence to locate in the Cleveland Street District retailers/restaurateurs with the confidence to locate in the Cleveland Street District
during the current economic downturn; 3) expose additional potential
during the current economic downturn; 3) expose additional pduring the current economic downturn; 3) expose additional potential otential
restaurant/retail customers and investors to the Cleveland Street District through
restaurant/retail customers and investors to the Cleveland Street District through restaurant/retail customers and investors to the Cleveland Street District through
attendance at District events.
With the state of the economy and the status of the new residential buildings in
With the state of the economy and the status of the new residential buildings in With the state of the economy and the status of the new residential buildings in
downtown, the two major attractors to accomplish the CRA objectives delineated
downtown, the two major attractors to accomplish the CRA objectives delineated downtown, the two major attractors to accomplish the CRA objectives delineated
above are: 1) the Capitol Theatre and 2) the 4th Friday events. The Capitol
above are: 1) the Capitol Theatre and 2) the 4th Friday events. The Capitol above are: 1) the Capitol Theatre and 2) the 4th Friday events. The Capitol
Theatre has expanded program offerings and, the CRA staff and the 4th Friday
Theatre has expanded program offerings and, the CRA staff and the 4th Friday Theatre has expanded program offerings and, the CRA staff and the 4th Friday
volunteer group wish to see the increased frequency and quality of the 4th Friday
volunteer group wish to see the increased frequency and quality of the 4th volunteer group wish to see the increased frequency and quality of the 4th Friday
events started in the 2011 season continued and improved in the 2012 season.
events started in the 2011 season continued and improved in the 2012 season. events started in the 2011 season continued and improved in the 2012 season.
Last year, Clearwater Downtown Events, Inc., proposed a business concept to
Last year, Clearwater Downtown Events, Inc., proposed a business concept to Last year, Clearwater Downtown Events, Inc., proposed a business concept to
restructure and enhance their program operations, including a management and
restructure and enhance their program operations, including a management and restructure and enhance their program operations, including a management and
production agreement with Ruth Eckerd Hall, with a financing plan based upon, in
production agreement with Ruth Eckerd Hall, with a financing plan based upon, in t with Ruth Eckerd Hall, with a financing plan based upon, in
part, a CRA grant of $75,000 and a Downtown Development Board grant of
part, a CRA grant of $75,000 and a Downtown Development Board grant of part, a CRA grant of $75,000 and a Downtown Development Board grant of
$50,000. The remainder of costs was through sponsorships and/or Ruth Eckerd
$50,000. The remainder of costs was through sponsorships and/or Ruth Eckerd $50,000. The remainder of costs was through sponsorships and/or Ruth Eckerd
hall participation. The attached Agreement and Program Budget extends this
hall participation. The attached Agreement and Program Budget extends this hall participation. The attached Agreement and Program Budget extends this
agreement for the 2012-2013 program year. The intent of the model is for the
agreement for the 2012agreement for the 20122013 program year. The intent of the model is for the 2013 program year. The intent of the model is for the
--
Clearwater Downtown Events group to leverage the production and marketing
Clearwater Downtown Events group to leverage the production and marketing Clearwater Downtown Events group to leverage the production and marketing
expertise and capacity of Ruth Eckerd hall to materially enhance the qualityand
expertise and capacity of Ruth Eckerd hall to materially enhance the qualityexpertise and capacity of Ruth Eckerd hall to materially enhance the quality
attendance at the events. Downtown Events, Inc. would continue to have overall
attendance at the events. Downtown Events, Inc. would continue to have overall attendance at the events. Downtown Events, Inc. would continue to have overall
responsibility for the Blast Friday series and be responsible for the grant
responsibility for the Blast Friday series and be responsible for the grant responsibility for the Blast Friday series and be responsible for the grant
administration.
administration.
The first year of operation was encouraging and the parties wish to extend the
The first year of operation was encouraging and the parties wish to extend thThe first year of operation was encouraging and the parties wish to extend th
agreement for an additional year, particularly in light of the fact that the Capital
agreement for an additional year, particularly in light of the fact that the Capital agreement for an additional year, particularly in light of the fact that the Capital
Theatre is projected to be closed for renovations for some portion of the 2012-
Theatre is projected to be closed for renovations for some portion of the 2012Theatre is projected to be closed for renovations for some portion of the 2012
2013 season, leaving the Blast Friday event as the only regular, large-attendance
2013 season, leaving the Blast Friday event as the only regular, large2013 season, leaving the Blast Friday event as the only regular, large
event todraw people to the Cleveland Street District. The Memorandum of
draw people to the Cleveland Street District. The Memorandum of draw people to the Cleveland Street District. The Memorandum of
event toevent to
Agreement extends the Blast Friday program for an additional year and provides
Agreement extends the Blast Friday program for an additional year and provides Agreement extends the Blast Friday program for an additional year and provides
for a $75,000 grant appropriation from the CRA Redevelopment Fund to partially
for a $75,000 grant appropriation from the CRA Redevelopment Fund to partially for a $75,000 grant appropriation from the CRA Redevelopment Fund to partially
fund the $ 183,548 budget for 2012-2013 season.
fund the $ 183,548 budget for 201fund the $ 183,548 budget for 201
CRA staff recommends approval of the Memorandum of Agreement and approval
CRA staff recommends approval of the Memorandum of Agreement and approval CRA staff recommends approval of the Memorandum of Agreement and approval
of $75,000 to fund the CRA contribution.
of $75,000 to fund the CRA contribution.
CRA 2012-08-132
Item # 1
Attachment number 1 \nPage 3 of 4
Trustee Jay Polglaze moved to approve the Memorandum of Agreement between the
CRA and Clearwater Downtown Events, Inc, a501(c) 4 Not-for-Profit Corporation, for
the provision of a scheduleof Blast Friday events in the Cleveland Street District;
approve a $75,000 grant to Clearwater Downtown Events, Inc. to underwrite a portion of
the expanded Blast Friday Program, and authorize the appropriate officials to execute
the expanded Blast Friday Program, and authorize the appropriate officials to execute
same. The motion was duly seconded and carried unanimously.
3.2 Provide direction whether the Board desires staff to prepare for Board
Provide direction whether the Board desires staff to prepare for Board Provide direction whether the Board desires staff to prepare for Board
consideration at this time an RFP for development of the CRA property known as
consideration at this time an RFP for development of the CRA property known as consideration at this time an RFP for development of the CRA property known as
the Prospect Lake parcel.
At the time of the economic collapse in 2008, and the subsequent dissolution of
At the time of the economic collapse in 2008, and the subsequent dissolution of At the time of the economic collapse in 2008, and the subsequent dissolution of
the Miles development agreement for construction of a mixed- use project on the
the Miles development agreement for construction of a mixedthe Miles development agreement for construction of a mixeduse project on the use project on the
- -
Prospect Lake parcel, the CRA Board directed staff, after considerable
Prospect Lake parcel, the CRA Board directed staff, after considerable Prospect Lake parcel, the CRA Board directed staff, after considerable
discussion, not to re-issue an RFP (Request for Proposal) at that time. Due to
issue an RFP (Request for Proposal) at that time. Due to issue an RFP (Request for Proposal) at that time. Due to
economic conditions in the housing and finance markets the Board believed it was
economic conditions in the housing and finance markets the Board believed it was economic conditions in the housing and finance markets the Board believed it was
not the optimum time to maximize the development potential of the property. The
not the optimum time to maximize the development potential of the property. The not the optimum time to maximize the development potential of the property. The
Board instructed the Executive Director to defer further discussion until evidence
Board instructed the Executive Director to defer further discussion until evidence Board instructed the Executive Director to defer further discussion until evidence
of market recovery and qualified developer expressions of interest were
covery and qualified developer expressions of interest were covery and qualified developer expressions of interest were
manifested to maximize the prospect of a successful development going forward.
manifested to maximize the prospect of a successful development going forward. manifested to maximize the prospect of a successful development going forward.
Recently, staff has begun to see renewed interest by the development community
Recently, staff has begun to see renewed interest by the development community Recently, staff has begun to see renewed interest by the development community
in properties in the CRA, including the Prospect Lake site. Preliminary discussions
in properties in the CRA, including the Prospect Lake site. Preliminary discussions in properties in the CRA, including the Prospect Lake site. Preliminary discussions
have taken place, which indicate those expressing interest could likely perform, if
have taken place, which indicate those expressing interest could likely perform, if have taken place, which indicate those expressing interest could likely perform, if
chosen by RFP process. Staff thus seeks Board direction as to whether the Board
chosen by RFP process. Staff thus seeks Board direction as to whether the Board chosen by RFP process. Staff thus seeks Board direction as to whether the Board
feels it is timely and appropriate to prepare a draft RFP for Board consideration in
feels it is timely and appropriate to prepare a draft RFP for Board consideration in feels it is timely and appropriate to prepare a draft RFP for Board consideration in
the near future and, if so desired, what the desired form of development the Board
the near future and, if so desired, what the desired form of development the Board the near future and, if so desired, what the desired form of development the Board
seeks on the site.
seeks on the site.seeks on the site.
The CRA has subsequently acquired the former St. Vincent de Paul Thrift Store
The CRA has subsequently acquired the former St. Vincent de Paul Thrift Store The CRA has subsequently acquired the former St. Vincent de Paul Thrift Store
site, which would be included in a new RFP.
site, which would be included in a nsite, which would be included in a new RFP.ew RFP.
A Letter of Interest from one prospective developer has been provided, so the
A Letter of Interest from one prospective developer has been provided, so the A Letter of Interest from one prospective developer has been provided, so the
Board can receive a sense of the level of interest and developer qualifications
Board can receive a sense of the level of interest and developer qualifications Board can receive a sense of the level of interest and developer qualifications
likely to be evidenced in response to an RFP at this time.
likely to be evidenced in response to an RFP at this time.likely to be evidenced in response to an RFP at this time.
A concern was expressed regarding buildinga residential project backing up to the
A concern was expressed regarding buildingA concern was expressed regarding building
street.It was suggested the project should maximizethe allowed density and retain a
street.street.It was suggested It was suggested the project should
retail interface with Cleveland Street.
retail interface with Cleveland Street.retail interface with Cleveland Street.
Trustee Jay Polglaze moved to direct staff to prepare an RFP for Board consideration
Trustee Jay Polglaze moved to direct staff to prepare an RFP for Board conTrustee Jay Polglaze moved to direct staff to prepare an RFP for Board con
for the development of the CRA property known as Prospect Town Lake. The motion
for the development of the CRA property known as Prospect Town Lake. The motion
was duly seconded and carried unanimously.
CRA 2012-08-133
Item # 1
Attachment number 1 \nPage 4 of 4
4. Other Business
CRA Executive Director Rod Irwin said Downtown Manager Courtney Orr was leaving
the City and returning to her home state of Indiana.She was thanked for her service
She was thanked for her service
and wished well.
It was requested that an update oncompleting the sidewalks in the Downtown Plan be
completing the sidewalks in the Downtown Plan completing the sidewalks in the Downtown Plan
be
be
provided at a future meeting.
5. Adjourn
The meeting was adjourned at 2:14p.m.
Chair
Chair
Chair
Attest
Community Redevelopment Agency
Community Redevelopment AgencyCommunity Redevelopment Agency
City Clerk
CRA 2012-08-134
Item # 1
Meeting Date:
9/4/2012
Community Redevelopment
Agency Agenda
Council Chambers - City
Hall
SUBJECT / RECOMMENDATION:
Approve the Fiscal Year 2012-2013 Community Redevelopment Agency Preliminary Budget and adopt Resolution 12-02.
SUMMARY:
The major highlights of the Fiscal Year 2012-2013 proposed preliminary budget are as follows:
Tax Increment revenues decreased by $ 492,957 due largely to the elimination of the $ 417,432 Fiscal Year 2011-2012 revenue
from the sale of environmental tax credits. It also reflects a decrease in Taxable Value of 1.24% in the old Downtown CRA
(Downtown) and a 9.63% decrease in the expanded CRA area (East Gateway).
Operating expenditures are decreased by $ 21,011, or 4 %, largely due to the decrease in pass through funds for the DDB as a result
of the lower assessed values and an assessment of Fiscal Year 2011-2012 operating budget expenditures. $ 75,000 has been
included in the budget to fund the Blast Friday Memorandum of Agreement and $148,000 for the interim Capital Theatre support
agreement.
Transfers Out to various projects are as designated in the CRA Six Year Plan.
The Proposed Fiscal Year 2012-2013 Agency budget is consistent with the Six Year Plan.
Review Approval:
1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk
Cover Memo
Item # 2
Attachment number 1 \nPage 1 of 2
Item # 2
Attachment number 1 \nPage 2 of 2
Item # 2
Attachment number 2 \nPage 1 of 1
Item # 2
Attachment number 3 \nPage 1 of 5
Item # 2
Attachment number 3 \nPage 2 of 5
Item # 2
Attachment number 3 \nPage 3 of 5
Item # 2
Attachment number 3 \nPage 4 of 5
Item # 2
Attachment number 3 \nPage 5 of 5
Item # 2
Attachment number 5 \nPage 1 of 1
Item # 2
Meeting Date:
9/4/2012
Community Redevelopment
Agency Agenda
Council Chambers - City
Hall
SUBJECT / RECOMMENDATION:
Approve the Interlocal Agreement with the Downtown Development Board (DDB) to provide personnel, administrative and
management services during Fiscal Year 2012-2013 in the amount of $63,724 and refund the CRA tax increment fee of $136,709
and authorize the appropriate officials to execute same.
SUMMARY:
Florida Statutes 163.387 requires all taxing authorities, which includes the DDB, to make an annual appropriation in an
amount equal to the incremental increase in the ad valorem revenue within the CRA area. The DDBs increment
payment is $136,709 according to the Pinellas County Property Appraisers office. In a spirit of cooperation to further
the downtown redevelopment plan, the CRA Trustees executed the first Interlocal Agreement in Fiscal Year 1999-2000
to provide personnel, administrative and management services to the DDB and to refund the difference between the
increment payment and the management fee. This is the twelfth fiscal year that the CRA would enter into the
agreement.
Pursuant to Florida Statute 163.01, the CRA and DDB can enter into an agreement in which the DDB agrees to perform
certain responsibilities and functions including funding projects and programs consistent with the downtown
redevelopment plan. The intent of this agreement is for the DDB and the CRA to work collaboratively on projects and
programs that further downtown goals and objectives. The management of the DDB by CRA staff enables the CRA and
the DDB to utilize the public dollars more efficiently.
The agreement also outlines the DDBs commitment to financially support the construction, operation and maintenance
of the boat slips, docks, boardwalk, promenade and related facilities that were constructed on the Downtown
Waterfront. The DDB has made yearly contributions of $50,000 since April 2007. Due to the economy, the City
determined that it was not in the best interest of the City and the taxpayers to borrow funds for construction of the boat
slips. Instead, the City paid for the majority of the construction costs from City reserves. Any of the annual DDB
contribution not needed for operations of the boat slips will be used to reimburse the City for the cost of construction.
The intent of the DDB is to contribute up to $50,000 a year for 10 years for a total not to exceed $500,000.
The DDB shall pay the CRA $63,724 for the services agreed to in the Interlocal Agreement.
The DDB approved the Interlocal Agreement at their meeting on August 1, 2012.
Review Approval:
1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk
Cover Memo
Item # 3
Attachment number 1 \nPage 1 of 5
Item # 3
Attachment number 1 \nPage 2 of 5
Item # 3
Attachment number 1 \nPage 3 of 5
Item # 3
Attachment number 1 \nPage 4 of 5
Item # 3
Attachment number 1 \nPage 5 of 5
Item # 3
Meeting Date:
9/4/2012
Community Redevelopment
Agency Agenda
Council Chambers - City
Hall
SUBJECT / RECOMMENDATION:
Approve an Interlocal Agreement between the CRA and the City of Clearwater to provide CRA funding in Fiscal Year 2012/2013
in the amount of $149,043.67 to underwrite the cost of additional Community Policing Services by the Clearwater Police
Department in the East Gateway CRA District, pursuant to the East Gateway Five-Year Action Program and authorize the
appropriate officials to execute same.
SUMMARY:
The CRA approved the East Gateway District FiveYear Action Program on May 13, 2008. The Action Program responded to
public input on the issues of drug dealing, prostitution and street crime by including an action item for increased police presence
and crime reduction within the East Gateway District.
An allowable funding source of this action item is the use of CRA Tax Increment Financing (TIF) funds. Florida Statues allows for
the use of TIF funds for community policing innovations in Community Redevelopment Areas.
The CRA and Clearwater Police Department have reached an agreement on a proposed scope of services and terms as delineated in
the Interlocal Agreement. Included in the scope is the delineation of specific, measurable crime reduction targets by which to
monitor the success of the initiative as well as providing clear language required by statute assuring that the resources are applied to
the CRA/East Gateway area.
Funding will be from the CRA East Gateway Project account (388-94849).
Appropration CodeAmountAppropriation Comment
388-94849 $149,043.67
Review Approval:
1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk
Cover Memo
Item # 4
Attachment number 1 \nPage 1 of 1
Item # 4
Attachment number 2 \nPage 1 of 6
Item # 4
Attachment number 2 \nPage 2 of 6
Item # 4
Attachment number 2 \nPage 3 of 6
Item # 4
Attachment number 2 \nPage 4 of 6
Item # 4
Attachment number 2 \nPage 5 of 6
Item # 4
Attachment number 2 \nPage 6 of 6
Item # 4
Meeting Date:
9/4/2012
Community Redevelopment
Agency Agenda
Council Chambers - City
Hall
SUBJECT / RECOMMENDATION:
Approve relocation build out assistance loan-to-grant for Blue Dahlia Marketplace, in conjunction with their desire to move from
the 409 Cleveland Street building, as a result of the City acquisition of said premises for the Capital Theatre use, to 410 Cleveland
Street and authorize the appropriate officials to execute same.
SUMMARY:
The Blue Dahlia Marketplace is being displaced from their current location as a result of the incorporation of the 409
Cleveland Street building into the Capital Theatre. The owner has entered discussions with CRA staff concerning a
retail assistance grant to underwrite the build out cost of 1000 sq. ft. +/- in the 410 Cleveland Street building, in
exchange for a lease rate from the landlord consistent with her ability to pay. Build out assistance is estimated to be $
25,000. The landlord and tenant have agreed to a lease term of at least five (5) years to assure a continued retail
presence.
CRA staff support the request, as Blue Dahlia Marketplace has been a pioneer retail establishment in the Cleveland
Street District redevelopment strategy, and its continued operation in the Cleveland Street district is facilitative of the
redevelopment strategy of the CRA. However, due to current economic conditions, the business is unable to meet
commercial lease rates and CRA build out assistance will allow a lease rate supportable for the five-year term.
The premises to be occupied by the Blue Dahlia is a carve-out from the space to be renovated for the Clearwater
Regional Chamber of Commerce, and the contractor is willing to phase and build out the Blue Dahlia space to facilitate
occupancy on, or before, November I, 2012 as requested by Ruth Eckerd Hall.
Staff seeks CRA Board approval for the contractor to undertake build out for the Blue Dahlia space, and to reimburse
the contractor for approved work completed, due to the unusual circumstances.
Funds would be from CRA Retail Attraction and Assistance Fund.
Appropration CodeAmountAppropriation Comment
388-94852$25,000
Review Approval:
1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk
Cover Memo
Item # 5
Attachment number 1 \nPage 1 of 1
Item # 5
Attachment number 2 \nPage 1 of 5
Item # 5
Attachment number 2 \nPage 2 of 5
Item # 5
Attachment number 2 \nPage 3 of 5
Item # 5
Attachment number 2 \nPage 4 of 5
Item # 5
Attachment number 2 \nPage 5 of 5
Item # 5
Attachment number 3 \nPage 1 of 3
Item # 5
Attachment number 3 \nPage 2 of 3
Item # 5
Attachment number 3 \nPage 3 of 3
Item # 5
Meeting Date:
9/4/2012
Community Redevelopment
Agency Agenda
Council Chambers - City
Hall
SUBJECT / RECOMMENDATION:
Provide direction concerning the Clearwater Regional Chamber of Commerce request for a relocation build out assistance grant in
conjunction with their move from the Lokey Building, 401 Cleveland Street, to new leased premises at 410-412 Cleveland Street.
SUMMARY:
The Clearwater Regional Chamber of Commerce has submitted a request for relocation build out assistance to facilitate
their relocation from 401 Cleveland Street, to a new headquarters location at 401 Cleveland Street. The landlord has
agreed to a reduced rental structure for the Chamber, but will not provide build out. The Chamber seeks CRA
assistance in funding the build out.
Staff seeks direction on whether to assist the Chamber, and if so, in what amount and from what source of funds.
Review Approval:
1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk
Cover Memo
Item # 6
Attachment number 1 \nPage 1 of 3
Item # 6
Attachment number 1 \nPage 2 of 3
Item # 6
Attachment number 1 \nPage 3 of 3
Item # 6
Attachment number 2 \nPage 1 of 1
Item # 6