06/13/2016 Community Redevelopment Agency Meeting Minutes June 13, 2016
City of Clearwater
City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
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Meeting Minutes
Monday, June 13, 2016
1 :00 PM
City Hall Chambers
Community Redevelopment Agency
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City of Clearwater
Community Redevelopment Agency Meeting Minutes June 13, 2016
Roll Call
Present 5 - Chair George N. Cretekos, Trustee Doreen Caudell, Trustee Bob
Cundiff, Trustee Hoyt Hamilton, and Trustee Bill Jonson
Also Present—William B. Horne — City Manager, Jill Silverboard —Assistant City
Manager, Pamela K. Akin — City Attorney, Rosemarie Call — City
Clerk, Nicole Sprague — Official Records and Legislative Services
Coo rd in ator
To provide continuity for 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 1:48 p.m. at City Hall.
2. Approval of Minutes
2.1 Approve the minutes of the May 16, 2016 CRA Meeting as submitted in written
summation by the City Clerk.
Trustee Jonson moved to approve the minutes of the May 16, 2016
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 Approve the Purchase Contract for the City of Clearwater Community Redevelopment
Agency (CRA) purchase of real property located at 1247 Grove Street, Clearwater,
with a purchase price of$67,500 and total expenditures not to exceed $90,100
including closing costs, and authorize the appropriate officials to execute same,
together with all other instruments required to affect closing.
The subject property is located at 1247 Grove Street and is owned by RTO
Homes LLC (Seller). Seller's property at 1247 Grove Street has a total land
area of approximately 4,400 square feet. A building is currently located on the
center of the property which is approximately 1,100 square feet and would be
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City of Clearwater
Community Redevelopment Agency Meeting Minutes June 13, 2016
demolished after purchase.
The acquisition of this property expands the developable land available for the
property generally known as the former Economy Inn site which is being
marketed as a key redevelopment opportunity. The East Gateway Vision Plan
(Jan 2012) identified the Economy Inn site as a "prime opportunity to create a
mixed-use real estate development serving the medical/technology industry".
Located in the East Gateway Character District, the assemblage is together
bounded by Cleveland Street, N. Lincoln Avenue, Grove Street, and N. Betty
Lane and with inclusion of the subject property totals approximately 57,100
square feet.
Holtz Appraisal Services, Inc. performed an independent appraisal on the
property. The appraisal provided a value conclusion of$63,500 with a
valuation date of April 25, 2016. While the purchase price is above appraised
value, staff recommends the acquisition of this parcel at this time to be able to
implement strategies from the East Gateway Vision Plan that will benefit the
community and improve property values in the area.
Acquisition Costs for the purchase of the subject property:
Purchase price $67,500
Closing costs $500
Demolition $10,000
Asbestos Survey & Removal $10,000
Boundary Survey $2,100
TOTAL $90,100
Funding Source
A third quarter budget amendment will provide a transfer of$7,000 from project
388-94849, East Gateway to project 388-94868, Economy Inn
Acquisition/Demolition, to provide the additional funding needed for this
contract. As this is a property acquisition, restricted county TIF funds will be
used.
In response to questions, Interim CRA Executive Director Denise
Sanderson said the property is near the Community Garden site. The
Community Garden members are aware that they may need to
vacate the property if a development opportunity arises. Staff has
received some general interest in the properties. Ms. Sanderson said
there are two other homes within that block. The City does not own lots at
1237 or 1239 Grove Street, the 1247-lot is the item before the Trustees and
will help
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City of Clearwater
Community Redevelopment Agency Meeting Minutes
5. Adjourn
June 13, 2016
square off the site. The City Attorney said an RFP on this property has
not been conducted. Ms. Sanderson said the site to be acquired is clean
and ready for development. The only environmental issue expected is
asbestos. The appraised value was approximately $63,500.
Trustee Caudell moved to approve the Purchase Contract for the
City of Clearwater Community Redevelopment Agency (CRA)
purchase of real property located at 1247 Grove Street, Clearwater,
with a purchase price of $67,500 and total expenditures not to
exceed $90,100 including closing costs, and authorize the
appropriate officials to execute same, together with all other
instruments required to affect closing. The motion was duly
seconded and carried unanimously.
The meeting adjourned at 1 :54 p.m.
Attest
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City Clerk
City of Clearwater
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Chair
Community Redevelopment Agency
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