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12/17/2007 COMMUNITY REDEVELOPMENT AGENCY MEETING MINUTES CITY OF CLEARWATER December 17, 2007 Present: Frank Hibbard Chair/CRA Trustee Carlen Petersen CRA Trustee John Doran CRA Trustee George N. Cretekos CRA Trustee Paul Gibson CRA Trustee Also present: William B. Horne II City Manager Jill Silverboard Assistant City Manager Rod Irwin Assistant City Manager/CRA Executive Director Pamela K. Akin City Attorney Cynthia E. Goudeau City Clerk The Chair called the meeting to order at 1:36 p.m. at City Hall. To provide continuity for research, items are in agenda order although not necessarily discussed in that order. 2- Approval of Minutes 2.1 - Approve the minutes of the December 3, 2007 CRA meeting as submitted in written summation by the City Clerk. Trustee Petersen moved to approve the minutes of the Community Redevelopment Agency meeting of December 3, 2007 as recorded and submitted in written summation by the City Clerk to each Trustee. The motionwas duly seconded and carriedunanimously. 3 - Community Redevelopment Agency Items : 3.1 - Approve an extension of the period of exclusive negotiation between the Community Development Agency and Miles Development Partners of Atlanta, Georgia for the purpose of negotiating a Development Agreement and Purchase Agreement for the purchase and development of the Cleveland Street and Prospect Lake site, pursuant to CRA RFP/Q 23-07, from December 17, 2007 until February 18, 2008, to allow orderly completion of negotiations. On September 17, 2007 the CRA, pursuant to CRA RFP/Q 23-07 and the recommendation of the Selection Committee: 1) designated Miles Development Partners of Atlanta, Georgia as Preferred Developer for the Purchase and Development of the Cleveland Street and Prospect lake site; and 2) approved a ninety (90) day period of Exclusive Negotiation during which the CRA Executive Director was authorized to negotiate a Development Agreement and Purchase Agreement, for Subsequent CRA Board consideration, in general conformance with the Miles Development RFP/Q response. Negotiations are proceeding satisfactorily. However, due to the complexity of the issues involved with the development proposal and the site, the parties have jointly concluded that an additional sixty (60) days are necessary to reach agreement on a development agreement and purchase agreement. Community Redevelopment Agency 2007-12-17 1 The CRA Executive Director and City Attorney recommend the CRA approve the extension. The City Attorney reviewed issues associated with delay in negotiations and said the date needs to be amended to February 19, 2008. Trustee Doran moved to approve an extension of the period of exclusive negotiation between the Community Development Agency and Miles Development Partners of Atlanta, Georgia for the purpose of negotiating a Development Agreement and Purchase Agreement for the purchase and development of the Cleveland Street and Prospect Lake site, pursuant to CRA RFP/Q 23-07, from December 17, 2007 until February 19, 2008, to allow orderly completion of negotiations. The motion was duly seconded and carried unanimously. 4 - Other Business - None. 5 - Adjourn The meeting adjourned at 1 :41 p.m. ,~/~ Cliajr I Community Redevelopment Agency Attest: ~- _ C; At, L. J{-. .Os .. City erk Community Redevelopment Agency 2007-12-17 2