06/18/1987COMMUNITY REDEVELOPMENT AGENCY MINUTES
June 18, 1987
The City Commission, meeting as the Community Redevelopment Agency
met in regular session at the City Hall, Thursday, June 18, 1987 at
6:05 p.m., with the following members present:
Rita Garvey
Lee Regulski
James Berfield
Don Winner
William Nunamaker
Also Present were:
Anthony L. Shoemaker
Milton A. Galbraith, Jr.
Cynthia Goudeau
Mayor/Commissioner
Vice-Mayor/Commissioner
Commissioner
Commissioner
Commissioner
City Manager
City Attorney
City Clerk
ITEM #2 - Minutes - Commissioner Winner moved to approve the minutes of
the March 19, 1987 meeting. Motion was duly seconded and carried
unanimously.
ITEM #3 - Mid -Year Budget Amendment
Proposed changes from the original 1986/87 budget of the Community
Redevelopment Agency reflect $1,040,000 of the net bond proceeds to be expended
for the purchase of the Ceta Building from Pinellas County and the refinancing
of the Bilgore debt service as well as the addition of restricted debt service
funds from the prior year.
It was recommended that additional funds be expended to pay for bond issue
costs and reimbursement to the City's cash account of $12,000 for construction
costs of the bandshell in Coachman Park.
The balance of funds available at the end of this fiscal year are to be
escrowed for future debt service payments.
The Downtown Development Board reviewed the proposed amendment and
recommended its approval including the reimbursement to the City of the
bandshell construction cost.
Commissioner Regulski moved to accept the recommendation of the Community
Redevelopment Agency. Motion was duly seconded and carried unanimously.
ITEM #4 Meeting adjourned at 6:07 p.m.
Attest:
CRA Minutes
64.
ayor/Cotmni ssioner
6/18/87
• •
COMMUNITY REDEVELOPMENT AGENCY AGENDA
June 18, 1987
1. Call to order.
2. Approval of Minutes for
March 19, 1987
3. Mid -Year Budget Amendment
4. Adjourn
1. 6:05 p.m.
2. Approved as submitted
3. Approved
4. 6:07 p.m.
CRA Agenda 63. 6/18/87