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10/15/1998COMMUNITY REDEVELOPMENT AGENCY SPECIAL MEETING CITY OF CLEARWATER October 15, 1998 Present: Rita Garvey Chair J. B. Johnson Trustee Robert Clark Trustee Ed Hooper Trustee Karen Seel Trustee Also Present: Michael J. Roberto City Manager Bob Keller Assistant City Manager/CRA Director Pamela K. Akin City Attorney Cynthia E. Goudeau City Clerk Gwen Legters Board Reporter The Chair called the meeting to order at 7:02 p.m. at City Hall. ITEM - Agreement for Development and Disposition of Property with Information Management Resources, Inc., (IMR) Site II Project, 1180 Cleveland Street On June 15, 1998, the CRA Trustees approved negotiations with the Justice Corporation for development of the property at 1180 Cleveland Street. Negotiations have resulted in a recommended Development Agreement. If approved, the CRA will sell to IMR (Information Management Resources) the 1.2-acre site for a purchase price of approximately $131,770. IMR proposes to construct additional support facilities which are required by the expansion of the IMR Global Center. The agreement has a 10 year life, subject to termination under certain conditions. IMR agrees to pay all application, inspection, regulatory and impact fees or charges pertaining to the project including, but not limited to, water and sewer impact fees, cost of water taps and meters, development impact fees, site plan review fees, building plan review fees, concurrency management fees, Florida Department of Transportation (FDOT) driveway permit fee, and Southwest Florida Water Management District permit fees to the extent that such fees or charges relate to the IMR Site II Project. The CRA agrees to pay all transportation impact fees, if any, which may be associated with the Project. The CRA will provide offsite retention and detention. IMR can terminate the agreement before expiration by paying the CRA an agreed-upon amount. Assistant City Manager Bob Keller reviewed the item, stating IMR will continue to use the existing building for a time before replacing it with a mixed use building. They must build within five years. He reported steel to begin construction of the Global Center was delivered to the former annex site yesterday. In response to questions, it was indicated IMR will pay an estimated $26,900 in impact fees; $500 for FDOT driveway permit fee; and $4,000 survey costs. Impact fee credits were discussed. Trustee Hooper moved to approve an Agreement for Development and Disposition of Property with Information Management Resources, Inc., (IMR) Site II Project for property located at 1180 Cleveland Street. The motion was duly seconded and carried unanimously. The meeting adjourned at 7:09 p.m.