HomeMy WebLinkAboutAnnual Report of Activities FY 12/13 to City CouncilC.J*ty of Cape Canaveral
Community Redevelopment Agency
Honorable Mayor and City Council Members
City of Cape Canaveral
105 Polk Avenue, P.O. Box 326
Cape Canaveral, FL 32920-0326
RE: CAPE CANAVERAL COMMUNITY REDEVELOPMENT AGENCY 2013
ANNUAL REPORT
Dear Mayor Randels and City Council. Members:
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 ofthe 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.
Honorable Mayor and City Council Members
March 25, 2014
Page'rwo
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 from 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 2013-14CRA 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. reenc@citygfgql?epa.n--qaver;ILQrg should you
have questions or need additional inforniation. Thank you.
Sincerely,
David L. Greene
Registered Agent
cc: Angela Apperson, CRA Recording Secretary
Todd Morley, Community & Economic Development Director
John D�eLeo, Financial Services Director