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HomeMy WebLinkAboutAgenda Packet 08-16-2016 CAPE CANAVERAL COMMUNITY REDEVELOPMENT AGENCY REGULAR BOARD MEETING CAPE CANAVERAL LIBRARY MEETING ROOM 201 Polk Avenue, Cape Canaveral, Florida Tuesday August 16,2016 5:00 PM AGENDA CALL TO ORDER: ROLL CALL: PUBLIC PARTICIPATION: Any member of the public may address any items that do not appear on the agenda and any agenda item that is listed on the agenda for final official action by the Board excluding public hearing items which are heard at the public hearing portion of the meeting,ministerial items(e.g.approval of agenda,minutes,informational items), and quasi-judicial or emergency items. Citizens will limit their comments to three(3)minutes. The Board will not take any action under the"Public Participation"section of the agenda. The Board may schedule items not on the agenda as items and act upon them in the future. NEW BUSINESS: 1. Approve Minutes for Special Community Redevelopment Agency Board Meeting of September 8, 2015. 2. Approve FY 2016/17 Community Redevelopment Agency Meeting Schedule and Financial Reporting Requirements. 3. Resolution No. CRA-04; adopting a budget for the Cape Canaveral Community Redevelopment Agency for Fiscal Year 2016-17;providing for the repeal of prior inconsistent resolutions, severability and an effective date. OPEN DISCUSSION: REPORTS: ADJOURNMENT: Pursuant to Section 286.0105, Florida Statutes, the public is advised that: If a person decides to appeal any decision made by the Community Redevelopment Agency with respect to any matter considered at this meeting, that person will need a record of the proceedings,and for such purpose that person may need to ensure that a verbatim record of the proceedings is made,which record includes the testimony and evidence upon which the appeal is to be based. This notice does not constitute consent by the Agency for the introduction or admission into evidence of otherwise inadmissible or irrelevant evidence,nor does it authorize challenges or appeals not otherwise allowed by law. In accordance with the Americans with Disabilities Act:all interested parties may attend this Public Meeting. The facility is accessible to the physically handicapped. Persons with disabilities needing assistance to participate in the proceedings should contact the Agency Clerk's office(868-1220 x220 or x221)48 hours in advance of the meeting. COMMUNITY REDEVELOPMENT AGENCY SPECIAL BOARD MEETING CAPE CANAVERAL LIBRARY MEETING ROOM 201 Polk Avenue,Cape Canaveral,Florida September 8,2015 4:45 PM MINUTES CALL TO ORDER: The Chair called the Meeting to Order at 4:45 P.M. ROLL CALL: Board Members Present: John Bond, Bob Hoog, Buzz Petsos, Rocky Randels and Betty Walsh. Others Present: CRA Director/Registered Agent David L. Greene,CRA Board Attorney Anthony Garganese, CRA Clerk/Recording Secretary Angela Apperson, Administrative/Financial Service Director John DeLeo, Community Development'Director David Dickey, Economic Development Director Todd Morley, Public Works Services Director Joyce Muse and Public Works Services Deputy Director Jeff Ratliff. PUBLIC PARTICIPATION: None. ''�� NEW BUSINESS: 1. Approve Minutes for Regular Community Redevelopment Agency Board Meeting of August 19, 2014: Chairperson Randels explained the events of the prior meeting. Motion by Board Member Petsos, seconded by Board Member Bond,for approval of the minutes. The Motion carried unanimously, after a roll call vote. 2. Approve FY 14/15 Line Item Transfer within the CRA Budget in the amount of $109,883.75 for Oak Lane Improvements and Striping Projects within the CRA: CRA Director/Registered Agent Greene detailed the reasoning for changes to the previous Staff recommendations related to the North Atlantic Avenue Streetscape Project and Oak Lane. Discussion ensued and included: whether Oak Lane is a City Road and how portions of the Road have been maintained by the City over the years, Road width, how the Project is not imminent at this point, no bids going out at this time due to the need for surveying and design and should the project not move forward, funds could be re-programed in the future. Motion by Board Member Bond for approval. Discussion continued on timeframe for expenditure of funds, how some officials at the County level are opposed to CRAs,how the Cape Canaveral CRA Board can change its priorities at this Meeting and not have an immediate problem, the ability to make adjustments as time goes on, North Atlantic Avenue Streetscape Project schedule and whether the pipeline project would have an impact, State and Federal funded parts will be completed first and the rest will be completed using City/CRA funding, tax increment funding revenue and how excess funds must be appropriated/re-allocated, putting future projects in the Budget as Capital Improvement /CRA projects, City Staff being prudent/proactive on behalf of the City Council preceding the upcoming election, challenges of the CRA process due to changes in the law over time. Motion seconded by Vice Chairperson Hoog. The motion carried unanimously,after a roll call vote. City of Cape Canaveral, Florida Community Redevelopment Agency Special Board Meeting September 8, 2015 Page 2 of 3 3. Approve FY 2015/16 Community Redevelopment Agency Meeting Schedule and Financial Reporting Requirements: Chairperson Randels indicated the CRA Meetings are scheduled for the same days as the City Council Meetings and he reviewed the financial reporting requirements. Motion by Board Member Walsh, seconded by Board Member Petsos, for approval of item number three. Motion carried unanimously, after a roll call vote. 4. a. Resolution No. 2015-04; a joint Resolution of the City Council of the City of Cape Canaveral, Florida, and the Cape Canaveral Community Redevelopment Agency ("Agency"); providing for the approval of an Interlocal Agreement authorizing a loan from the City to the Cape Canaveral Community Redevelopment Agency, in an amount of $470,000.00, for purposes of commencing certain redevelopment activities within the redevelopment area related to replacing and upsizing Lift Station No. 6, constructing water line improvements or such other activities in order to promote anticipated economic growth; providing for the incorporation of the terms and conditions of the Interlocal Agreement into the Redevelopment Plan of the Cape Canaveral Community Redevelopment Agency; providing for the repeal of prior inconsistent resolutions,no conflicts; severability, and an effective date: CRA Board Attorney Garganese read the Resolution title into the record and provided a brief explanation of same. Motion by Board Member Petsos, seconded by Vice-Chairperson Hoog,for approval of Resolution No.2015-04.Motion carried unanimously, after a roll call vote. 4. b. Recommend approval of Resolution No. 2015-04 to the Cape Canaveral City Council: Motion by Board Member Petsos, seconded by Board Member Walsh, to recommend approval to the Resolution to the City Council. Motion carried unanimously, after a roll call vote. 5. Resolution No. CRA-02; adopting a budget for the Cape Canaveral Community Redevelopment Agency for Fiscal Year 2015-16; providing for repeal of prior inconsistent resolutions; providing for severability; providing for an effective date. CRA Board Attorney Garganese read the Resolution title into the record. Chairperson Randels explained the item. CRA Director/Registered Agent Greene noted the Brevard County tax increment revenue is projected to be $148,209 to the CRA. Motion by Board Member Petsos, to approve the Budget/Resolution No. CRA-02. Discussion ensued regarding development of grant programs for businesses and placing money into visible capital improvements. Motion seconded by Board Member Walsh. Motion carried unanimously, after a roll call vote. 6. Resolution No. CRA-03; amending the Cape Canaveral Community Redevelopment Agency Budget for Fiscal Year 2014-15; providing for repeal of prior inconsistent resolutions; providing for severability; providing for an effective date: CRA Board Attorney Garganese read the Resolution title into the record. Chairperson Randels reviewed the amendment purpose. Motion by Chairperson Randels,seconded by Board Member Bond,to adopt Resolution No. CRA-03. Motion carried unanimously, after a roll call vote. OPEN DISCUSSION: None. City of Cape Canaveral, Florida Community Redevelopment Agency Special Board Meeting September 8, 2015 Page 3 of 3 REPORTS: None. ADJOURNMENT: There being no further business, the Chairperson adjourned the meeting at 5:43 p.m. Bob Hoog, Chairperson Mia Goforth, CRA Clerk/ Recording Secretary (Please note: This meeting was presided over by Rocky Randels, -Chairperson & recorded by Angela M Apperson, CRA Clerk/Recording Secretary, both of whom were no longer affiliated with the City by the time these minutes w repared for approval at the subsequent Regular CRA Meeting of 8-16-2016.) �7 /fi City of Cape Canaveral J4Community Redevelopment Agency Board Agenda Form CRA Board Meeting Date: 8/16/2016 Item No. Subject: Approve FY 2016/17 Community Redevelopment Agency Board Meeting Schedule and Financial Reporting Requirements. Department: Community Development Summary: The City of Cape Canaveral Community Redevelopment Agency (CRA) Board is required to hold certain financial meetings each year: 1. Approve Annual CRA Budget (due October 1St of each year). 2. Approve Annual Report (due March 31' of each year). 3. Approve Annual CRA Financial Audit (due March 31St of each year). Additionally, the CRA Board will need to meet as necessary for other items, including consideration of grant requests for CRA Programs. To reasonably accomplish these goals, Staff recommends the CRA Board adopt and reserve the following meeting schedule for the upcoming Fiscal Year 2016/17: • The third Tuesday of August, • The third Tuesday of November, • The third Tuesday of March, and • The third Tuesday of May. In the case where a meeting date is scheduled and there is no business for the CRA Board to consider, no meeting will be held. Submitting Director: David Dickey Date: 11, `L Attachment: None Financial Impact: Staff time to prepare this Agenda Item. Reviewed by Administrative/Financial /2/6 Services Director: John DeLeo Date: The CRA Director/Registered Agent recomm ds that the CRA Board take the following action:Approve FY 2016/17 Community Redeye opment Agency Board Meeting Schedule and Financial Reporting Requirements. Approved by CRA Director/ Registered Agent: David L. Greene 04 Date: 0/ 5/ /4 City of Cape Canaveral ,0),„ Community Redevelopment Agency Board Agenda Form CRA Board Meeting Date: 8/16/2016 Item No. Subject: Resolution No. CRA-04; adopting a budget for the Cape Canaveral Community Redevelopment Agency for Fiscal Year 2016-17; providing for the repeal of prior inconsistent resolutions, severability and an effective date. Department: Community Development Summary: The City of Cape Canaveral Community Redevelopment Agency(CRA)was established August 21, 2012 with the adoption of Resolution No. 2012-16. The CRA was created pursuant to Part III, Chapter 163, Florida Statutes and is considered a dependent special district under Chapter 189 F.S. As a special district, the CRA Board is required to adopt a budget for each fiscal year by resolution. The City's Annual Budget includes the Cape Canaveral CRA Budget which details the revenues and anticipated expenditures of the special district. The projected revenue for the CRA for FY 2016-17 is $459,370. CRA revenue also includes a line item of$210,305 and $249,065 of ad valorem from the City and Brevard County respectively. Notable expenses include $38,689 for operating costs, debt service of$135,681 and $285,000 for capital outlay including mobility/striping project(s). The $100,000 loan from the City used to initially fund the CRA in 2014 will be paid in full in Fiscal Year 2016/17. Resolution No. CRA-04 (see Attachment) has been prepared to adopt the Fiscal Year 2016-17 Budget, which will take effect October 1, 2016 and will run through September 30, 2017. Submitting Director: David Dickey j Date: Q I I Attachment: Resolution No. CRA-04. Financial Impact: Staff time to prepare this Agenda Item. Reviewed by Administrative Services/ V) g Finance Director: John DeLeo Date: �j The CRA Director/Registered Agent recommen s that the CRA Board take the following action: Adopt Resolution No. CRA-04. Approved by CRA Director/ Registered Agent: David L. Greene 01.+ - Date: S/G//` RESOLUTION NO. CRA-04 A RESOLUTION OF THE CITY OF CAPE CANAVERAL COMMUNITY REDEVELOPMENT AGENCY; ADOPTING A BUDGET FOR THE CAPE CANAVERAL COMMUNITY REDEVELOPMENT AGENCY FOR FISCAL YEAR 2016-17; PROVIDING FOR REPEAL OF PRIOR INCONSISTENT RESOLUTIONS; PROVIDING FOR SEVERABILITY; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Cape Canaveral, Florida adopted Resolution No. 2012-16, creating the Cape Canaveral Community Redevelopment Agency ("CRA"), pursuant to Part III, Chapter 163, Florida Statutes; and WHEREAS, the CRA is a dependent special district under Chapter 189, Florida Statutes, known as the Uniform Special District Accountability Act of 1989 ("Act"); and WHEREAS, the Act requires all special districts, including dependent special districts such as the CRA, to adopt a budget for each fiscal year by resolution; and WHEREAS, the Cape Canaveral Community Redevelopment Agency desires to comply with the requirements of the Act and takes this action in order to do so; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD MEMBERS OF THE CAPE CANAVERAL COMMUNITY REDEVELOPMENT AGENCY, AS FOLLOWS: Section 1. Recitals. The foregoing recitals are deemed true and correct and are hereby fully incorporated herein by this reference and are deemed a material part of this Resolution. Section 2. Adoption of Budget. The Board Members of the Cape Canaveral Community Redevelopment Agency do hereby approve and adopt a budget attached hereto as Exhibit"A" for the CRA for Fiscal Year 2016-17; beginning October 1, 2016 and ending September 30, 2017. Section 3. Repeal of Prior Inconsistent Resolutions. All prior resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of the conflict. Section 4. Severability. If any section, subsection, sentence, clause,phrase or portion of this resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion hereto. City of Cape Canaveral Community Redevelopment Agency Resolution No. CRA-04 Page 1 of 2 Section 5. Effective Date. This Resolution shall become effective immediately upon adoption by the Board Members of the Cape Canaveral Community Redevelopment Agency. ADOPTED at a Regular Meeting of the Board Members of the City of Cape Canaveral Community Redevelopment Agency this 16th day of August, 2016. ATTEST: Bob Hoog, Chairperson Mia Goforth, CRA Clerk/Recording Secretary Name For Against John Bond Robert Hoog Mike Brown Brendan McMillian Betty Walsh Approved as to legal form and sufficiency for Cape Canaveral Community Redevelopment Agency only: Anthony A. Garganese, Attorney for Cape Canaveral Community Redevelopment Agency City of Cape Canaveral Community Redevelopment Agency Resolution No. CRA-04 Page 2 of 2 Budget Detail Cape Canaveral Community Redevelopment Agency Fund 106-Dept 016 2013-2014 2014-2015 2015-2016 2015-2016 2016-2017 % Actual Actual Original Projected Proposed Inc/Dec Revenue 106-000-300-300100 Cash Forward 62,968 - - - - 0% 106-000-338-338000 Shared Revenue fr Ca Canaveral 13647 55 330 113 353 Cape , , 118,464 _ - 210,305'' 78% o 106-000-338-338001 Shared Revenue fr Brevard Cnty17 147 70 810 148 209 1 4 2 5 ,89 249,065'` 61/o 106-000-361-361100 Interest From Investment - - 5010% 106-000-361-361310 Net Increase(decrease)in FMV - - - 0% 106-000-381-381001 Transfer from General Fund - - - - 0% Total Revenue $ 93,762 $ 126,140 $ 262,063 $ 273,356 I '+ 68% Operating 106-016-559-310000 Legal Fees 1,889 5,338 1,000 1,000 1,000 0% 106-016-559-310001 Administratvie/Professional Svcs 1,265 238 1,000 175 30,950 17586% 106-016-559-400000 Travel&Per Diem - - 644 - 644 100% 106-016-559-450000 Insurance 5,108 4,287 5,000 5,095 5,000` -2% 106-016-559-520000 Operating Supplies - - - - - 0% 106-016-559-540000 Membership&Training - 990 1,095 990 1,095 11% Total Operating 8,262 10,853 8,739 7,260 -..38689 433% Capital Outlay 106-016-559-630000 Grant Programs 85,500 - - - - 0% 106-016-559-630001 Capital Initiatives - 15,043 - - " 220,000 j 100% 106-016-559-630002 Mobility/Striping Project - 13,745 140,000 140,000 65,000< -54% 106-016-559-630003 Oak Lane Design - - - - -4 0% Total Capital Outlay 85,500 28,788 140,000 140,000 ° :510Q 104% Debt Service 106-016-559-710000 Debt Service-Prinicpal - - 58,181 58,527 25,630 115% 106-016-559-720000 Debt Service-Interest - - 5,275 4,929 10,051 104% Total Debt Service - - 63,456 63,456 135,681 114% Other Expenses 106-016-581-910001 Transfer to General Fund - 2,167 - - 0% 106-016-581-910304 Transfer to N.Atl Ave Imp.Fund - - - - 0% Total Other Expenses - 2.167 - - 0% Contingency 106-016-559-990000 Contingency - 84,332 49,868 62,640 -100% Total Contingency - 84.332 49.868 62.640 -100% Total Community Redevelopment Agency Fund Budget $ 93,762 $ 126.140 $ 262.063 $ 273.356 68% Cape Canaveral Community Redevelopment Agency The Community Redevelopment Plan was developed in FY12-13.The Projects in the Plan are funded with TIF revenues deposited in the Trust Fund to encourage development/redevelopment; financial incentives to developers and businesses; and financing of capital improvement projects. The City loaned the Community Redevelopment Agency$100K to initially fund the CRA in FY 2014. This loan will be paid back to the City in FY 16-17. In the summer of 2015,the City completed the regional Lift Station Project which included easement and waterline extension work located within the CRA partially funded by the Wastewater Fund.The CRA Board approved the repayment of$470,000 to the Wastewater Fund at its September 2015 meeting.The first payment was made January 31st, 2016 and subsequent installments are due each year thereafter on January 31st until the loan is paid in full.The annual interest rate is set at 2%. Capital Outlay Detail FY 15/16 FY 16/17 Grant Programs $ - $ - Capital Initiatives 220,000 Mobility/Striping Project 140,000 65,000 Oak Lane Design - - $ 140,000 $ 285,000 Debt Repayment Schedule General Fund Loan$100K Wastewater Loan$470K Principal Interest Principal Interest FY 16-17 $ 81,722 $ 1,635 $ 43,908 $ 8,416 44,786 7,538 45,682 6,642 46,596 5,728 47,527 4,797 48,478 3,846 49,448 2,876 50,436 1,887 43,047 879