02/18/2003COMMUNITY REDEVELOPMENT AGENCY MEETING
CITY OF CLEARWATER
February 18, 2003
Present: Brian J. Aungst Chair/CRA Trustee
Whitney Gray CRA Trustee
Hoyt P. Hamilton CRA Trustee
William C. Jonson CRA Trustee
Frank Hibbard CRA Trustee
Also present: William B. Horne II City Manager
Garry Brumback Assistant City Manager
Ralph Stone CRA Executive Director/Asst. City Manager
Pamela K. Akin City Attorney
Cynthia E. Goudeau City Clerk
Patricia O. Sullivan Board Reporter
The Chair called the meeting to order at 9:09 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 Jonson moved to approve the minutes of the regular meeting of September 16, 2002, 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 the proposed first quarter budget amendments to the FY 2002/03 CRA (Community Redevelopment Agency) Operating Budget and authorize the transfer of monies to CRA project
funds as requested.
A review of the CRA (Community Redevelopment Agency) projected revenues and expenditures at first quarter indicate the following proposed budget amendments are necessary to: 1) align
projected revenues to actual revenues received through first quarter and 2) to fund certain activities related to the expansion of the CRA District.
Tax Increment Revenues increased by $26,827. Other Operating Expenses Line Items decreased overall $8,100. Finance revised projections for the Principal and Interest Payments on the
loan for the Cleveland Street property (Balk project) based on the additional principal payment made in FY (Fiscal Year) 2001/02 after the close of the sale of the Phase I property to
Mediterranean Village.
Transfer Out Line Items are proposed to be amended as follows: 1) 590200 - General Fund – Administrative expenditure increased $13,058. Increase attributed to 4% annual salary increase
for 2.5 positions funded by CRA and addition of temporary staff person hired to work on CRA expansion effort and other CRA assignments; 2) 590800 – Façade Improvement Grant Fund increased
$15,000. Façade Improvement Grant Fund needs to be replenished as grants awarded from October 2002 to current
have depleted the fund. Façade Improvement Grants totaling $18,355 from October 2002 through current period have been awarded; and 3) 592400 – Redevelopment Projects Fund increased
$6,869. Remaining balance of Other Operating Expense Line Items decrease is being moved to this fund.
Support was expressed for having façade improvement grants as part of the CRA budget. It was hoped the amount of façade funding would be increased in the future. In response to a
question, CRA Executive Director Ralph Stone said a group of downtown business owners are interested in more extensive upgrades to their businesses. Main Street is coordinating related
efforts. The demand for façade grants is good.
Trustee Gray moved to approve the proposed first quarter budget amendments to the FY02/03 CRA Operating budget and authorize the transfer of monies to CRA project funds as requested.
The motion was duly seconded and carried unanimously.
ITEM #4 - Executive Director (Assistant City Manager) Verbal Reports
Mr. Stone reported the DDB (Downtown Development Board) trip to view downtown redevelopment in West Palm Beach has been scheduled for May 22 – 23, 2003. It was suggested Commissioners
review the West Palm Beach Master Plan. It was requested staff merge downtown design guidelines with Sieman’s recommendations.
ITEM #5 - Other Business – None.
ITEM #6 - Adjournment
The meeting adjourned at 9:17 a.m.