HomeMy WebLinkAboutResolution No. CRA-04 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resolutions in conflict herewith are hereby repealed to the extent of the conflict.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 Augus 016.
41
ATTEST: Bob Hoog, Chairperson
Mia Goforth, C erk/Recording Secretary
Name For Against
John Bond Second
Robert Hoog X
Mike Brown Absent
Brendan McMillian x
Betty Walsh Motion
Approved as to legal form and sufficiency for
Cape Canaveral Community Redevelopment
Agency
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 Conununits Rede%eloputent Agenc,
Fund 106-Dept 016
2013-2014 21114-2015 2015-2016 2015-2016 2016-2017
Actual Actual Original Projected Prupo%ed Inc/Dec
Revenue
106-000-300-300100 Cash Forward 62,968 - - -
�s
106-000-338-338000 Shared Revenue fr Cape Canaveral 13,647 55.330 113.353 II'.4n-1 210.305 7(8%
106-000-338-338001 Shared Revenue fr Brevard Cnty 17,147 70,810 14 .2Iw 154.\'+' 249,065 61%
106-000-361-361100 Interest From Investment - - 501 - 0%
106-000-361-361310 Net Increase(decrease)in FMV - - - - 0%
106-000-381-381001 Transfer from General Fund - - - - 0%
Total Revenue S 93.762 S 126,140 S 262,063 S 273,356 68%
Operating
106-016-559-310000 Legal Fees I.sN'+ 5.338 1.000 Loon 1.000' 0%
106-016-559-310001 Administratvie/Profcssional Svcs I,265 238 1,000 I'3 30.950 17586%
106-016-559-400000 Travel&Per Diem - - 644 - 64 100%
"
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106-016-559-450000 Insurance 5,108 4,287 5,000 5.,245 5,11`i} -2°
106-016-559-520000 Operating Supplies - - - - 0%
106-016-559-540000 Membership&Training - 990 1.095 `+911 1.0'+5 11%
Total Operating 8,262 10,853 8,739 7.260 38,689 433°/.
Capital Outlay
106-016-559-630000 Grant Programs 85,500 - - - 0%
106-016-559-630001 Capital Initiatives - 15,043 - - 220,000 100%
106-016-559-630002 Mobility/Striping Project - 13,745 140,000 140,000 65,000 -54%
106-016-559-630003 Oak Lane Design - - - - - 0%
Total Capital Outlay 85,500 28,788 140,000 140,000 '- 285.000 104%
Debt Service
106-016-559-710000 Debt Service•Prinicpal - - 58,181 58,527 I25;0 115%
106-016-559-720000 Debt Service-Interest - - 5,275 4,929 i' 10.051 104%
Total Debt Sen ice - - 63,456 63,456 ;135,681 114%
Other Expenses
106-016-581-910001 Transfer toGeneral Fund - 2.167 - - 0%
106-016-581-910304 Transfer to N.Atl Me Imp.Fund - - - - 0%
Total Other Expenses - 2.167 - • 0%
Contingency
106-016-559-990000 Contingency - 84.+3:
4,,..n. 62.640 -100%
Total Contingency - 84.332 49.861i 62.640 -100%
total C'ommunit% Redevelopment Agcncry Fund Budget S 93.762 S 126.1411 S 262.063 S 273,356 68%