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HomeMy WebLinkAboutAgenda 09-18-18 CRA Regular CAPE CANAVERAL COMMUNITY REDEVELOPMENT AGENCY BOARD MEETING City Hall Council Chambers 100 Polk Avenue, Cape Canaveral, Florida 32920 Tuesday September 18, 2018 5:30 PM AGENDA CALL TO ORDER: PLEDGE OF ALLEGIANCE: 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 Community Redevelopment Agency Board Meeting of June 19, 2018. 2. Approve FY 2018/19 Community Redevelopment Agency Board Meeting Schedule and Financial Reporting Requirements. 3. Resolution No. CRA-06; adopting a budget for the Cape Canaveral Community Redevelopment Agency for FY 2018/19; providing for the repeal of prior inconsistent resolutions, severability and an effective date. 4. a. Resolution No. 2018-16; a joint Resolution of the City Council of the City of Cape Canaveral, Florida ("City"), and the Cape Canaveral Community Redevelopment Agency ("Agency"); recognizing a Joint Public Partnership Between the City and the Agency related to the pending redevelopment activities associated with the redevelopment of Canaveral City Park including the construction of a new Multigenerational Center and the Cape Canaveral Cultural Arts Preservation Enrichment (CAPE) Center (collectively referred to as "redevelopment activities"); providing for a financial contribution from the Agency to assist in funding the redevelopment activities; providing for the approval of an Interlocal Agreement memorializing the terms and conditions of the Agency's commitment to assist in funding the Redevelopment Activities in an annual amount equal to the annual principal and interest payment paid by the City on the bank loan with Whitney Bank(d/b/a Hancock Bank) which City of Cape Canaveral, Florida Community Redevelopment Agency Board Meeting September 18, 2018 Page 2 of 2 was authorized by the City Council under Ordinance No. 07-2017 and Resolution No. 2017-10 in an amount equal to $6.2 million, for the express purposes stated in the Loan Agreement of the redevelopment of Canaveral City Park including the construction of a new Multigenerational Center, the Cape Canaveral Cultural Arts Preservation Enrichment(CAPE) Center and related capital improvements located within the Redevelopment Area; providing for the repeal of prior inconsistent resolutions, no conflicts; severability and an effective date. (See Attached Memo) b. Recommend approval of Resolution No. 2018-16 to the Cape Canaveral City Council. 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 Board 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 x207 or x206) 48 hours in advance of the meeting. Memo TO: Community Redevelopment Agency Board VIA: David L. Greene, CRA Registered Agent FROM: David Dickey,CRA Director DATE: September 11,2018 RE: Joint Resolution No. 2018-16 Joint Resolution No. 2018-16 authorizes a$6.2 million/10-yr. loan from the City to the CRA Fund. The agenda item will include an interlocal agreement,revenue note and an amortization schedule. The purpose of the loan is to: • Fund the redevelopment of the Canaveral City Park ($5.0 million) to include a 20,000 square foot Multi-Generational Facility that will house a youth center, Police Athletic Leaque programs and various activities/community-oriented events; and • Fund the redevelopment of the Old City Hall Building into the CAPE Center($1.2 million) for a location to promote art and the City's history. It would include outdoor displays and activities such as the Framer's Market, art classes, murals, and mid-century modern architecture tying into the era when the City was incorporated. The agenda item was not complete as of the agenda distribution. Once it has been reviewed and approved, it will be distributed to Board members. It is anticipated that the item will be forwarded to you by the close of business tomorrow,Wednesday, September 12,2018.