01/18/2000COMMUNITY REDEVELOPMENT AGENCY MEETING
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 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 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 budget; 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.
ITEM #4 - Approve change in dates to Interlocal Agreement between CRA & DDB to redirect outstanding financial obligation per 1983 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 does 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 Manager) 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 #6 - Other Business – None.
ITEM #7 - Adjourn
The meeting adjourned at 9:06 a.m.