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03/29/1999COMMUNITY REDEVELOPMENT AGENCY MEETING CITY OF CLEARWATER March 29, 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 Bob Keller Assistant City Manager/CRA Director Pamela K. Akin City Attorney Cynthia E. Goudeau City Clerk Patricia O. 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 Johnson moved to approve the minutes of the February 16, 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 a one-year Interlocal Agreement with the DDB in which the CRA agrees to provide personnel, administrative and management responsibilities and office expenses to the DDB for $42,000 The proposed CRA (Community Redevelopment Agency) and DDB (Downtown Development Board) agreement states the CRA will provide the DDB with a comprehensive scope of administrative and programmatic functions. The DDB shall pay the CRA $3,500 monthly to compensate for services identified in the Interlocal Agreement. The DDB owes the CRA the FY (Fiscal Year) 1998/99 tax increment of $24,660.55. Compensation shall be deducted from the DDB’s tax increment payment to the CRA. Once tax increment funds are exhausted, compensation shall be paid from DDB funds budgeted for that purpose. Assistant City Manager/CRA Director Bob Keller said the $42,000 annual payment will cover Economic Development Team costs to provide the DDB with all required services. The CRA will hire an additional staff member to handle administrative level duties and perform Main Street program related work. The position, dependent upon DDB funding, will be discontinued if funding is cut. In response to a question, Mr. Keller said the DDB has budgeted this payment. He reviewed the background of the mandatory incremental tax. In response to a question, he said these funds were used last year for promotional and economic development activities. He said this agreement will increase the abilities of both organizations. As the DDB previously had paid more than $60,000 annually for 2 positions, this agreement frees up more money to address downtown needs. Increased volunteer efforts are anticipated. Trustee Johnson moved to approve an Interlocal agreement between the Downtown Development Board and Community Redevelopment Agency for management of the DDB. The motion was duly seconded and carried unanimously. ITEM #4 - Assistant City Manager Verbal Reports - None ITEM #5 - Other Business - None ITEM #6 - Adjourn The meeting adjourned at 9:06 a.m.