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HomeMy WebLinkAboutAnnual Report of Activities FY 12/13 to County CommissionUity of Cape Canaveral Community Redevelopment Agency Chain-nan Bolin Lewis and Commissioners Brevard County Board of County Commissioners 2725 Judge Fran Jamieson Way Viera, FL 32940 RE: CAPE CANAVERAL COMMUNITY REDEVELOPMENTAGENCY 2013 ANNUAL REPORT Dear Chain-rian Bolin Lewis and Commissioners: The Cape Canaveral Community Redevelopment Agency was established August 21, 2012 with the adoption of Resolution No, 2012-16. On December 18, 2012, the City Council adopted the Community Redevelopment Plan and created the Redevelopment 'Trust Fund by adoption of Ordinance No. 23-2012. Per F.S. 163.356(3)(c), "...An agency authorized to transact business and exercise powers under this part shall file with the governing body, on or before March 31 of each year, a report of its activities for the preceding fiscal year, which report shall include a complete financial statement setting forth its assets, liabilities, income, and operating expenses as of the end of such fiscal year. At the time of filing the report, the agency shall publish in a newspaper of general circulation in the community a notice to the effect that such report has been filed with the county or municipality and that the report is available for inspection during business hours in the office of the clerk of the city or county commission and in the office of the agency." The fiscal year for the CRA is October I through September 30. This Report is for the period from October 1, 2012 to September 30, 2013 (FY 2012-13). CRA Accomplishments FY 2012-13: • October 3, 2012, the Planning and Zoning Board met as the Local Planning Agency and recommended approval of the Community Redevelopment Plan to the CRA Board. • On. November 13, 2012 the CRA Board: o Approved the Election of Officers o Established the Organizational Structure of the CRA, and o Approved the Community Redevelopment Plan, Chairman. Bolin Lewis and Commissioners March 25, 2014 Page Two On September 7, 2013, the CRA Board: o Approved Minutes of the meeting held on November 13, 2012, o Approved Resolution No. 2013-18; providing for the approval of an Interlocal Agreement authorizing a loan ftorn the City to the CRA, in an amount not to exceed $100,000, for purposes of initially funding the CRA so it can commence redevelopment activities within the Redevelopment Area and reimburse the City for certain start-up expenses incurred by the City to establish and create the Agency. o Approved Resolution No. 2013-19; amending the Community Redevelopment Plan to modify the boundaries of the Redevelopment Area, adopting a revised Boundary Map and Legal Description, o Approved CRA Budget for FY 2013/14. o Established a CRA Meeting Schedule and financial reporting requirements, Financial Report: Revenues FY 2012-13: None Expenditures FY 2012-13: None The FY 2013-14 CRA Annual Report will include the adoption of CRA Programs, the receipt of Loan Proceeds and the first annual Tax Increment payment as well as details of expenditures made during the period. Please contact me at (321) 868-1230 or email d.greene((_�cityp&apegveral.or should you ,,g have questions or need additional information. Thank you. Sincerely, David L. Greene Registered Agent cc: Angela Apperson, CRA Recording Secretary Todd Morley, Community & Economic Development Director John DeLeo, Financial Services Director