02/26/2007
COMMUNITY REDEVELOPMENT AGENCY
AGENDA
Location: Council Chambers - City Hall
Date: 2/26/2007- 1 :30 PM
1. Call to Order
2. Approval of Minutes
2.1 Approve the minutes of the February 13, 2007 CRA meeting as submitted in written summation by the
City Clerk.
~ Attachments
3. CRA Items
3.1 Status Report on Agreement for Development and Disposition of Property between the Community
Redevelopment Agency of the City of Clearwater and the Balk Company, Inc.
I@l Attachments
4. Other Business
5. Adjourn
Meeting Date:2/26/2007
Community Redevelopment
Agency Agenda
Council Chambers - City Hall
SUBJECT / RECOMMENDATION:
Approve the minutes of the February 13, 2007 CRA meeting as submitted in written summation by the City Clerk.
SUMMARY:
Review Approval: 1) Clerk
Cover Memo
Item # 1
Attachment number 1
Page 1 of 2
COMMUNITY REDEVELOPMENT AGENCY MEETING MINUTES
CITY OF CLEARWATER
February 13, 2007
Unapproved
Present:
Frank Hibbard
Carlen Petersen
J.B. Johnson
William C. Jonson
John Doran
Also Present:
William B. Horne
Garry Brumback
Rod Irwin
Pamela K. Akin
Cynthia E. Goudeau
Rosemarie Call
The Chair called the meeting to ord
To provide continuity for research,
necessarily discussed in that order
2. Approval of Minutes
Chair/CRA Trustee
CRA Trustee
CRA Trustee
CRA Trustee
CRA Trustee
City Manager
Assistant City Ma
Assistant City Ma
City Attorney
City Clerk
Mana
as submitted in written
e minutes of the regular meeting of January 29,
mmation by the City Clerk to each Trustee.
animously
desire
utilization
2007 CRA
the Board at recent CRA meetings that there was a
to govern the use of TIF funds, staff has prepared a TIF
. This was discussed at the January 16th and January 29th,
which changes were incorporated to reflect the discussion.
This propo policy represents a synthesis of several Florida CRA policies
governing TIF utilization, "best practices" gleaned from annual meetings such as the
Florida Redevelopment Association and the Government Finance Officers Association,
as well as direct staff experience. It has been "tailored" to fit Clearwater's overall
Community Redevelopment Agency 2007-02-13
Item # 11
Attachment number 1
Page 2 of 2
operations and procedures. Comments by the Finance Director and City Attorney have
been incorporated.
This policy is intended to meet three objectives; 1) establish an empirical basis
for the allocation of TIF funds to private and public development pr . cts; 2) provide
Board guidance to CRA staff on the utilization of TIF funds genera the A; and,
3) allow the public and development interests to understa pr es
upon which decisions to allocate TIF funds will be made eRA.
Discussion ensued regarding incorporating a ma
recaptures past projects and can be used as a benchma
Trustee Doran moved to continue Item 3.1 to a date
duly seconded and carried unanimously.
4. Other Business
Six-Year Plan
Trustee Jonson moved to make a p,
with the annual CRA budget. The motion
Discussion ensued. It w
adopted as part of the annual b
Ian adopted in the
y seconded and carried
Chair
Community Redevelopment Trustee
City Clerk
Community Redevelopment Agency 2007-02-13
Item #21
Meeting Date:2/26/2007
Community Redevelopment
Agency Agenda
Council Chambers - City Hall
SUBJECT / RECOMMENDATION:
Status Report on Agreement for Development and Disposition of Property between the Community Redevelopment Agency of the City
of Clearwater and the Balk Company, Inc.
SUMMARY:
At the January 29, 2007 CRA meeting the Agreement was extended until February 26, 2007 for the sole and exclusive purpose of
considering assignment of the developer's interest to the Fairway Development Group, Inc. of Sarasota. Subsequently, Fairway
Development has been unable to reach agreement with Balk Company on a release agreement to facilitate the assignment. The
agreement is thus terminated.
Review Approval: 1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) Clerk 6) City Manager 7) Clerk
Cover Memo
Item # 2