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09/15/2014 Community Redevelopment Agency Meeting Minutes September 15, 2014 City of Clearwater City Hall 112 S. Osceola Avenue Clearwater, FL 33756 e d s w r' �mu Meeting Minutes Monday, September 15, 2014 1 :00 PM City Hall Chambers Community Redevelopment Agency Page 1 City of Clearwater Community Redevelopment Agency Meeting Minutes September 15, 2014 Roll Call Present 5 - Chair George N. Cretekos, Trustee Doreen Hock-DiPolito, Trustee Jay E. Polglaze, Trustee Bill Jonson, and Trustee Hoyt Hamilton Also Present: Rod Irwin - CRA Executive Director/Assistant City Manager, Pamela K. Akin - City Attorney, Rosemarie Call - City Clerk, Nicole Sprague - Official Records and Legislative Services Coordinator To provide continuity in research, items are listed in agenda order although not necessarily discussed in that order. 1. Call To Order - Chair Cretekos The meeting was called to order at 1:09 p.m. at City Hall. 2. Approval of Minutes 2.1 Approve the minutes of the September 2, 2014 CRA meeting as submitted in written summation by the City Clerk. Trustee Hamilton moved to approve the minutes of the September 2, 2014 CRA meeting as submitted in written summation by the City Clerk. The motion was duly seconded and carried unanimously. 3. Citizens to be Heard Regarding Items Not on the Agenda - None. 4. New Business Items 4.1 Amend the operating budget for the Community Redevelopment Agency (CRA) for fiscal year 2013-14, adopt Resolution 14-02; and approve budget amendments to the CRA Capital Improvement Project Fund. Amendments to the revenues of the Operating Budget reflect a decrease of $11,113 in Tax Increment Financing (TIF) received for fiscal year 2013-14 based upon final receipts for the TIF proceeds from Pinellas County, the City of Clearwater and the Downtown Development Board. Operating expenditure amendments at mid-year include the decrease of$905 from Payment from Other Agencies-DDB to reflect the adjustment to the Page 2 City of Clearwater Community Redevelopment Agency Meeting Minutes September 15, 2014 budgeted revenue of actual TIF receipts. Proposed amendments to operating budget include: 1. To adjust budgeted revenue to actual TIF receipts, and adjust the related payment to the Downtown Development Board to match actual receipts. 2. To adjust budgeted interest revenue to actual receipts to date. 3. To adjust miscellaneous other revenue to actual receipts to date. 4. To recognize the transfer-in of funds from Special Program project 181- 99802, Brownfield Revolving Loan Fund, to recognize the 30% forgiven balance of the Clearwater Auto interfund loan. 5. To recognize the transfer-in of funds from CRA project 388-94855, Cleveland Auto EPA Loan 2, to provide the necessary cash for the repayment of the Clearwater Auto loan. 6. To adjust the budget transfer to the Downtown Redevelopment project by $665,500 to recognize the additional proceeds for the repayment of the Clearwater Auto loans, net of the miscellaneous revenue and expenditure amendments noted above. Proposed amendments to CRA Capital Improvement Project Fund include: 1. To adjust the budget transfer to the Downtown Redevelopment project by $666,500 to recognize the additional proceeds for the repayment of the Clearwater Auto loans, and adjusted for the amendments noted below (items 2,3, and 4). 2. To transfer $30,160 from 388-94714, Downtown Redevelopment, to project 388-94870, Capitol Theatre Contribution, to provide the full $1 million CRA contribution to the City construction project. 3. To transfer $31,543.75 from 388-94714, Downtown Redevelopment, to project 388-94860, Water's Edge (Opus), to provide total funding necessary for this project, and to close the project. To transfer $10,207.57 from 388-94865, Rule Development to project 388- 94714, Downtown Redevelopment, and to close the Rule Development project which is now complete. Trustee Jonson moved to amend the operating budget for the Community Redevelopment Agency (CRA) for fiscal year 2013-14, and approve budget amendments to the CRA Capital Improvement Project Fund. The motion was duly seconded and carried unanimously. Resolution 14-02 was presented and read by title only. Trustee Jonson moved to adopt Resolution 14-02. The motion was duly seconded and upon roll call, the vote was: Page 3 City of Clearwater Community Redevelopment Agency Meeting Minutes September 15, 2014 Ayes: 5 - Chair Cretekos, Trustee Hock-DiPolito, Trustee Polglaze, Trustee Jonson and Trustee Hamilton 4.2 Approve the Fiscal Year 2014-2015 Community Redevelopment Agency Preliminary Budget and adopt Resolution 14-01. The major highlights of the Fiscal Year 2014-2015 proposed preliminary budget are as follows: Tax Increment revenues increased by $208,451 over the Amended 2013-2014 budget, reflecting an increase in taxable value of 8.4% in the old Downtown CRA (Downtown) and a 3.7% increase in the expanded CRA area (East Gateway). These compare with Citywide 6.5% increase in value. Operating expenditures are decreased by $ 54,154 or 17.2 %, largely due to the elimination of the $75,000 Blast Friday program subsidy. The three year agreement with Clearwater Downtown Events/Ruth Eckerd Hall has expired and a new proposal, to meet the expanded scope and re-direction requested by the CRA Board last year, has not yet been forthcoming. Should a proposal be subsequently approved by the Board, funding could be appropriated from the Redevelopment Fund. Transfers Out to various projects are as designated in the CRA Six Year Plan. The Proposed Fiscal Year 2014-2015 Agency budget is consistent with the Six Year Plan. In response to questions, Economic Development and Housing Director Geri Campos Lopez said 30% was discounted to account for the Brownfields Revolving Loan Fund discount for the Clearwater Automotive environmental remediation.CRA Executive Director Rod Irwin said money has been set aside for ULI implementation, approximately$1 million is available for potential redevelopment projects. Ms. Lopez said the 5-year plan anticipates annual expenditures to increase at 3%. Mr. Irwin said staff will report status of the TIF extension in the Fall. Trustee Polglaze moved to approve the Fiscal Year 2014-2015 Community Redevelopment Agency Preliminary Budget. The motion was duly seconded and carried unanimously. Resolution 14-01 was presented and read by title only. Trustee Hamilton moved to adopt Resolution 14-01. The motion was duly seconded and upon roll call, the vote was: Ayes: 5 - Chair Cretekos, Trustee Hock-DiPolito, Trustee Polglaze, Trustee Page 4 City of Clearwater Community Redevelopment Agency Meeting Minutes September 15, 2014 Jonson and Trustee Hamilton 4.3 Approve an Interlocal Agreement between the Clearwater Community Redevelopment Agency (CRA) and the City of Clearwater to provide CRA funding in Fiscal Year 2014/2015 in the amount of$168,788.10 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 for fiscal years 2012-2017 and authorize the appropriate officials to execute same. The CRA approved the new East Gateway District Five-Year Action Program on October 15, 2012. The Action Program responded to public input on the issues of drug dealing, prostitution and street crime by including an action item for the continuation of 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). APPROPRIATION CODE AND AMOUNT: 388-94849 $168,788.10 Trustee Jonson moved to approve an Interlocal Agreement between the Clearwater Community Redevelopment Agency (CRA) and the City of Clearwater to provide CRA funding in Fiscal Year 2014/2015 in the amount of $168,788.10 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 for fiscal years 2012-2017 and authorize the appropriate officials to execute same. The motion was duly seconded and carried unanimously. Page 5 City of Clearwater Community Redevelopment Agency 5. Adjourn Attest �4,( (_CL� c� City Clerk City of Clearwater Meeting Minutes September 15, 2014 The meeting adjourned at 1 :26 p.m. — mcr c Ho f ,„ CP�nENr N,,, Chair \J0- -\ 1P: FR��,c'' /community Redevelopment Agency �. - / -4'`/I QoRpTE :p =I-0: C.,'" �' � •I> Page 6