09/18/1986Comity Redevelopment Agency Meeting
September 18, 1986
The City Commission of the City of Clearwater met as the Community
Redevelopment Agency at City Hall, Thursday, September 18, 1986. The meeting
was convened at 6:20 p.m. with the following members present:
Kathleen Kelly
Lee Regulski
James L. Berfield
Rita Garvey
Don Winner
Also present were:
Anthony L. Shoemaker
M. A. Galbraith, Jr.
Paula Harvey
Cynthia E. Goudeau
Mayor -Commissioner
Vice-Mayor/Commissioner
Commissioner
Commissioner
Commissioner
City Manager
City Attorney
Planning Director
City Clerk
ITEM #2 - Minutes of September 4, 1986 meeting
Commissioner Garvey moved to approve the minutes of the meeting of
September 4, 1986 as submitted. Motion was duly seconded and carried
unanimously.
Item #3 - 1986/87 Recommended Budget
The Agency is obligated to pay 20$ of those revenues into a debt service
account for the succeeding years' bond debt service: to pay the interest on the
Bilgore notes and to pay the parking system the market rate for rental of 50
spaces in the Garden Ave. Garage, subleased to Coachman Downtown Assoc.
Other expenditures recommended in this budget are as follows:
1. Administrative cost reimbursement to the City fund in the amount of $20,000.
2. Payment of the balance of the debt service on the Agency's bonds (i.e., that
amount in excess of the $56,000 and other sums escrowed for debt service).
3. $90,000 for Coachman Park Improvements.
4. $85,000 for street and sidewalk improvements consisting primarily of
continuing the streetscape along Cleveland St.
The Downtown Development Board reviewed the recommended budget at its
meeting on August 25, 1986, and will be forwarding written comments to the
Agency. The Board opposed the allocation of $20,000 for administrative costs;
recommended that Coachman Park improvements be funded half by the Agency and
half by the City General Fund; recommended payment of the full debt service
on the bond issue by the Agency, until such time as net revenues from the
operation of the Park Street Garage were available to pay a portion of the debt
service; and recommended approval of the street and sidewalk item with a
suggestion that the improvements be coordinated with the Board.
Jim Carpenter, Executive Director of the Downtown Development Board,
requested the Downtown Development Board and other people outside the Community
Redevelopment Agency be involved in future budgetary processes.
Commissioner Regulski moved to approve the 1986/87 Budget as recommended
and to authorize the appropriate officials to execute -?..e. Motion was duly
seconded and carried unanimously.
CRA
or/Commissioner
53. 9/18/86
COMMUNITY REDEVELOPMENT AGENCY AGENDA
September 18, 1986
ACTION
1. Call to Order 1. 6:20 p.m.
2. Approval of Minutes of September 4, 1986. 2. Approved as submitted.
3. 1986/87 Recommended Budget. 3. Approved.
4. Adjourn. 4. 6:26 p.m.
CRA 52. 9/18/86