INTERLOCAL AGREEMENT - DOWNTOWN MARINA
INTERLOCAL AGREEMENT
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This Interlocal Agreement is made and entered into this /2-
day of ~~ ., 2007, by and between the Community
Redevelopment Agency of the City of Clearwater, Florida (CRA), a
redevelopment agency established pursuant to law, and the Downtown
Development Board (DDB), a special district organized and operating pursuant to
the ordinances and laws of the City of Clearwater.
WHEREAS, Florida Statutes 163.387 requires all taxing authorities to
make an annual appropriation in an amount equal to the incremental increase in
the ad valorem revenue within the CRA area; and
WHEREAS, the DDB is a taxing authority within the meaning of the
statute; and
WHEREAS, the CRA and the DDB in the spirit of cooperation desire to
offer the downtown constituents the opportunity to utilize more efficiently the
public dollars collected for each entity; and
WHEREAS, the CRA and the DDB have a special obligation to ensure
wise and sound administration of the programs, including the Main Street
Program; and
WHEREAS, the CRA and the DDB desire to enter into an Interlocal
Agreement outlining the scope of services and responsibilities of the parties.
WHEREAS, the DDB desires to financially support the construction debt
service, operation, and maintenance of the boat slips, docks, boardwalk,
promenade and related facilities proposed to be constructed in the Downtown
Waterfront ("Proposed Facilities"); and
WHEREAS, the CRA and the DDB wish to enter into an Interlocal
Agreement pursuant to Florida Statutes 163.01, in order to provide for the DDB's
contribution to the Proposed Facilities; and
WHEREAS, the CRA and the DDB wish to enter into an Interlocal
Agreement pursuant to Florida Statues 163.01, in which the DDB agrees to
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2007-08 CRNDDB lnterlocal Agreement
perform certain responsibilities and functions consistent with and in furtherance
of the Downtown Redevelopment Plan, in return for an amount equal to the
difference between the increment payment of $158,948 and the $55,269 the
DDS pays the CRA for administration.
NOW THEREFORE, in consideration of the covenants made by each
party to the other and of the mutual advantages to realized by the parties hereto,
the DDS and the CRA agree as follows:
Section 1. Term. The term of this Interlocal Agreement will be October 1,
2007 through September 30,2008.
Section 2. Intent. It is the intent of the parties that the moneys paid to
the CRA by the DDS pursuant to Florida Statutes 163.387, commonly referred to
as the tax increment payment, be used to advance the goals and objectives of
the Downtown Redevelopment Plan. The CRA shall retain $55,269 to offset the
cost of administration of the DDS as further described herein. The remaining
money shall be returned to the DDS by the CRA in exchange for performance of
certain responsibilities and functions consistent with and in furtherance of the
Downtown Redevelopment Plan, by the DDS. Further, with the approval of the
Proposed Facility by the voters at referendum, it is the intent of the DDS to
provide for a contribution over ten years in an amount not to exceed $500,000, to
the cost of construction debt service, operation, and maintenance of the
Proposed Facility.
Section 3. Responsibilities of the DDS.
1. Function:
a. Collaborate with the CRA on projects and programs, which
succeed in bringing businesses and residents into the
downtown district
b. Focus on business and enterprise development, job creation
and initiatives related to increasing income and employment
opportunities
c. Encourage public-private partnerships to promote business
relocation and expansion
d. Market, promote and assist with business recruitment
e. Interact with constituents and facilitate activities that sustain,
promote and advance downtown revitalization
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2007-08 CRAlDDB Interlocal Agreement
f. Be active in the administration of downtown initiatives
g. Be actively involved with the Main Street program activities and
financially support the Main Street Program; the cost of which
shall not be less than the difference between the tax increment
payment and the cost of administration
h. Develop short and long term strategies, define roles and assign
responsibilities to implement those strategies
Section 4. Responsibilities of the CRA.
1. Scope of Duties. The services that the CRA will provide are:
a) Prepare correspondence for DDB members
b) All DDB funds will be kept in the City's bank account and will be
segregated for accounting purposes in the City's records as a
separated, interest-earning fund
c) Assist with preparation and monitoring of the annual budget and
prepare amendments as necessary
d) Prepare monthly financial reports
e) Assure that the annual audit is conducted in compliance with
State of Florida Auditor General
f) Prepare agendas and distribute packets to DDB members prior
to each meeting
g) Prepare meeting notices for monthly and special DDB meetings
h) Attend meetings and records and transcribe minutes including
special and sub-committee meetings
i) Coordinate the annual election process in cooperation with the
Pine lias County Supervisor of Elections
j) Handle all phone inquires and follow up on the calls
k) Handle any special mailing notices
I) State of Florida Tax Increment Millage Compliance with
Chapter 200, Florida Statutes, Sections 218.23, 218.63, Florida
Statutes (TRIM)
m) Serve as coordinator for the DDB special activities
n) Administer the Business Expansion and Relocation Grant
programs
0) Assist in looking into other incentive options to improve
downtown properties and implement projects funded or initiated
by the Board
p) Assist with promoting design related programs to the downtown
community
q) Comply with the Florida Department of State Information
Services Records Disposition Act
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2007-08 CRNDDB Interlocal Agreement
r) Comply with the State of Florida Department of Community
Affairs Special District Information Program
s) Comply with the State of Florida Department of Insurance
Treasurer's Public Depositor Annual Report
t) Coordinate financial disclosure requirements of the State of
Florida Commission on Ethics
u) Act as a Liaison to the Pinellas County Property Appraiser,
Pinellas County Tax Collector, and DDB legal council: Elise K.
Winters, P.A.
v) Manage loans, contracts and all applicable documents
w) Coordinate field trips and travel arrangements in accordance
with the City of Clearwater Travel and Meals Policy
x) Other administrative duties as mutually agreed
Section 5. Compensation. In return for the above services, the CRA
shall pay to the DDB this difference upon receiving the increment payment from
the DDB. The budget for the CRA for services listed in Section 4 above shall be
as follows:
Personnel and Administration $55,269
Section 6. Contribution by DDB. The DDB shall contribute Fifty
Thousand Dollars ($50,000) toward the cost of construction debt service,
operation, and maintenance of the Proposed Facilities. Said payment shall be
made upon request of and at the direction of the CRA. It is the intent of the
parties that the DDB shall contribute up to Fifty Thousand Dollars ($50,000) a
year for 10 years for a total not to exceed Five Hundred Thousand Dollars
($500,000), subject to annual approval of future agreements. DDB made the first
payment of $50,000 in April 2007. It is the belief of the parties that the Proposed
Facilities will become self-supporting and the intent of the parties that the annual
contribution will be made only to the extent that the income from the Proposed
Facilities during the applicable year is insufficient to cover the cost of the
Proposed Facilities during the applicable year.
Section 7. Notice. Sixty (60) days notice by either party to the other
pursuant to the Interlocal Agreement shall be given in writing and hand-delivered
or mailed as follows:
Chairperson, Board of Trustees
Community Redevelopment Agency
112 S. Osceola Avenue
Clearwater, Florida 33756
Chairperson
Downtown Development Board
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2007-08 CRNDDB lnterlocal Agreement
Post Office Box 1225
Clearwater, Florida 33757
Section 8. Entire AQreement. This document embodies the whole
Agreement of the parties. There are no promises, terms, conditions or
allegations other than those contained herein. This Agreement shall be binding
on the parties, their successors, assigns and legal representatives.
Section 9. FilinQ Effective Date. As required by Section 163.01 (11),
Florida Statutes, the Interlocal Agreement shall be filed with the Clerk of the
Circuit Court of Pinellas County after execution by the parties, and shall take
effect upon the date of filing.
IN WITNESS WHEREOF, the parties hereto, or their lawful representative,
have executed this agreement as the date first above written.
COMMUNITY REDEVELOPMENT AGENCY
BY: _~ '" ~
hairperson, Board of Trustees
Frank Hibbard
Approved as to form: Attest:
Jikin
City Attorney
DOWNTOWN DEVELOPMENT BOARD
BY: DaVi~on
5 2007-08 eRA/DDB Interlocal Agreement