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HomeMy WebLinkAboutcocc_bed_agenda_pkt_20250109CAPE CANAVERAL BUSINESS AND ECONOMIC DEVELOPMENT BOARD City Hall Council Chambers 100 Polk Avenue, Cape Canaveral, Florida 32920 January 9, 2025 6:00 P.M. CALL TO ORDER ROLL CALL PUBLIC PARTICIPATION Members of the public may provide comments to the Business and Economic Development (BED) Board regarding matters not on the agenda provided that the comments are relevant to the legal responsibilities delegated to the BED Board by the City Code and law. Public comments related to public hearing Agenda Items will occur during the public hearing. The BED Board is not required to take public comments on emergency or ministerial items (e.g. approval of agenda, minutes, informational items). Members of the public will limit their comments to three (3) minutes. The BED Board will not take any action under the "Public Participation" section of the agenda. However, at the discretion of the BED Board, the BED Board may schedule matters commented upon during public participation at a future BED Board meeting. OLD BUSINESS NEW BUSINESS Board Matters: 1. Approval of BED Board Meeting Minutes-4/11/2024 2. Discuss economic development plan strategy 3. Discuss Community Redevelopment Agency Fiscal Year 2025/26 projects 4. Schedule next BED Board Meeting REPORTS AND OPEN DISCUSSION ADJOURNMENT: Pursuant to Section 286.0105, Florida Statutes, the City hereby advises the public that: If a person decides to appeal any decision made by the BED 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 City 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 City Clerk's office [(321) 868-1220 x207 or x206] 48 hours in advance of the meeting. CAPE CANAVERAL BUSINESS AND ECONOMIC DEVELOPMENT BOARD City Hall Council Chambers 100 Polk Avenue, Cape Canaveral, Florida 32920 April 11, 2024 6:00 P.M. MINUTES CALL TO ORDER: A meeting of the Business and Economic Development (BED) Board took place on April 11, 2024, at City Hall Council Chambers, 100 Polk Avenue, Cape Canaveral, FL. Chairperson Mays called the meeting to order at 6:00 p.m. The Board Secretary called the roll. ROLL CALL: MEMBERS PRESENT: Dawn Mays Chairperson Tom Hermansen Vice Chairperson Chelsea Partridge Board Member Jayne Saydah Board Member Shawna Taylor Board Member OTHERS PRESENT: Dave Dickey Kyle Harris Lexi Miller John DeLeo Patti Roth ABSENT: Ron Foleno Stuart Smith Community & Economic Development Director Senior Planner Resilience Engineering Services Manager Administrative/Financial Services Director Code Enforcement/Administrative Assistant Board Member Board Member PUBLIC PARTICIPATION: Shannon Roberts was present and stated that during the initial visioning process, there were approximately 600 residents involved. They were very vocal about wanting to minimize the number of hotels and preserving the richness and unique character of the city. She was trying to get a sense of where she and others need to go with their concerns. OLD BUSINESS: NEW BUSINESS: None Board Matters: 1. Approval of BED Board Meeting Minutes —January 11, 2024 Business and Economic Development Board Meeting Minutes — April 11, 2024 Page 2 of 2 Motion to approve Minutes as written made by Vice Chairperson Hermansen, seconded by Board Member Taylor. Motion carried unanimously. 2. Provide Update re: FDOT A1A Improvements — Presentation Lexi Miller was present and gave an overview of the FDOT A1A Improvements and shared slides with the board. 3. Discuss Recommendations to CRA Board re: FY 2024/2025 CRA Budget Dave Dickey and John DeLeo were present and provided an overview of the CRA budgetary process. Mr. Dickey requested the BED Board provide a recommendation to the CRA Board regarding the prioritization of certain projects, including implementation of the Presidential Streets Master Plan, in the FY 2024/25 CRA Budget. The BED Board discussed the use of enterprise funds in conjunction with CRA funds to fund projects within the CRA budget. Staff indicated that the City's enterprise funds would be utilized to fund those portions of the projects eligible to be funded by each enterprise fund. The Board unanimously recommended the concept of bonding CRA funds in a more constructive and impactful approach. It was also discussed that the County would not be able to repeal the CRA as long as it (the CRA) is responsible for repayment of a bond. REPORTS AND DISCUSSION: ADJOURMENT: There being no further business, Chairperson Mays adjourned the meeting at 7:38 P.M., seconded by Board Member Partridge. Approved on this day of , 2024. Dawn C. Mays, Chairperson Patti Roth, Board Secretary BUSINESS AND ECONOMIC DEVELOPMENT (BED) BOARD JANUARY 9, 2025 REGULAR MEETING • ITEM # 2 Subject: Discuss economic development plan strategy. Department: Community and Economic Development Summary: At the January 11, 2024 Business and Economic Development (BED) Board meeting, Staff sanctioned discussion regarding updates to the City's Economic Development Action Plan ("EDAP") prepared by Agee Consulting in 2009. The EDAP process synthesized aspects of the City's 2009 Visioning process, the 2007 Redevelopment Plan, and the 2006 Community Survey with the goal to "improve the livability and economic vitality of Cape Canaveral through smart development, to enhance the attractiveness of the community for residents, businesses and visitors, while preserving its unique, natural coastal setting." The Plan resulted in 4 implementation strategies: 1. Improve business climate, competitiveness, and capacity; 2. Retain and grow existing businesses; 3. Attract new businesses, residents, and visitors; and 4. Develop an image consistent with the City's Vision Statement. To implement the strategies, the EDAP emphasizes the need for a full-time economic development professional and the formation of a Business Assistance Team comprised of key City Staff to facilitate business investment and expansion in the city. The City does not currently have any employee dedicated to economic development, nor a Business Assistance Team, and the economic environment has changed immensely since City Council adopted the EDAP nearly 15 years ago. City Council designated $50,000 in the FY 2024-25 Annual Budget's General Fund to update the EDAP while, on January 11, 2024, the BED Board discussed the need for a current environmental assessment, impact fee assessment, market analysis, facade program information, recreation inventory and opportunities, parking analysis, incentive programs, and a reevaluation of the projects included in the existing EDAP. All of these initiatives are traditionally housed in the City's Comprehensive Plan. Staff and reviewing citizen boards recommend development applications based on two documents — the local jurisdiction's Municipal Code and its Comprehensive Plan. Further, the Code of Ordinances refers to the Comprehensive Plan in justifying application decisions through the codified findings required for approval. The Comprehensive Plan creation process includes extensive public participation, the most updated data with subsequent analysis, modern needs and problems, and a defined set of goals, objectives, and policy actions organized by Elements, some of which are bound by State law while others are local initiatives. The existing EDAP is structured similarly to the Elements of the Comprehensive Plan, with a series of goals, strategies, and actions, but it is based upon outdated data, community input, market analysis, environmental conditions, and partner agency resources. Cape Canaveral's Comprehensive Plan includes all Elements required by State Statute: Intergovernmental, Conservation, Coastal, Infrastructure, Transportation, Parks and Recreation, Housing, Future Land Use, Public Schools Facilities, Capital Improvement, and Property Rights. The term "economic development" appears only one time in the document and it is only as a reference to the City's Community Redevelopment Agency, last updated almost 20 years ago. There exists a need for economic development planning citywide and insurance of its inclusion in project decisions. Maintenance of an Economic Development Element has proven helpful for other Florida jurisdictions such as Fort Walton Beach, Fort Lauderdale, Port St. Lucie, New Smyrna Beach, and many more. Attachment: n/a Community and Economic Development Staff recommend the BED Board take the following action: Recommend that Staff develop a Request for Proposals for an Economic Development Element of the City's existing Comprehensive Plan and retitle the $50,000 General Fund designation from EDAP to Economic Development Element of the Comprehensive Plan. Approved by Director: Brianna Soat, AICP BUSINESS AND ECONOMIC DEVELOPMENT (BED) BOARD JANUARY 9, 2025 REGULAR MEETING • ITEM # 3 Subject: Discuss Community Redevelopment Agency Fiscal Year 2025/26 projects. Department: Community and Economic Development Summary: At the December 17, 2024 Special Meeting of the Community Redevelopment Agency (CRA) Board, consensus indicated desire for advance input of the City's Business and Economic Development Board to inform next Fiscal Year's CRA Budget. The horizon set forth in the existing budget is included within Attachment 1 with the newly required measurable objectives shown in Attachment 2 as adopted by the CRA Board at its Special Meeting of December 17, 2024. Staff recommends using the documents as a starting place and also recommends including an update to the CRA's Community Redevelopment Plan. Since its adoption in 2012, the environment, economy, and priorities of the City have changed with more innovative and efficient techniques attainable. Annually, the budget process typically begins in March with Staff work culminating by the end of June. This item will return on the next BED Board Meeting Agenda for an official recommendation to the CRA. Attachments: 1. Adopted Community Redevelopment Agency Fiscal Year 2024/25 Budget 2. Adopted City of Cape Canaveral Community Redevelopment Agency (CRA) FY 2024/25 Measurable Objectives Community and Economic Development Staff recommend the BED Board take the following action: Discuss Community Redevelopment Agency Fiscal Year 2025/26 projects. Approved by Director: Brianna Soat, AICP Cape, Canaveral CrImunity Redevelopment Agency The Community Redevelopment 0tlan bras developed tln EY12-13 The Projects in the Plan are, funded with ItlE revenues deposited hi the Trust Fund to encourage develloprrientiredevelopmenttl financial incentives to devetlopers; busifle5925; and financing of ,capital improvement projects. The City of Cape Canaveral CRA is n its tl 2th year of operation and has increased in vatlue approximately $421 minion since its creation in 2012. This increased probed', value Within the CRA translates into an annual revenue of approilmately $2,1 mitlliort In the summer of 2015, the City completed the regional Lift Station Project which included easement and waterline extension woutk located within the ,CRA partially funded by the 're/esteem:ter Fund, The CRA Board approved the repayment of $470,000 to the Wastewater Fund at its September 2015 meeting, The first payment was made January 31st„ 2016 and srubseguent installments aredue each year thereafter on January Bist until this on is paid in full, The annual interest rate is:set at 2.hlts Isi July rof 2017, the City acquired another Capital Note to finance the redevelopment et Canevenall City Park and the Cape Canaveral ,Cultlural Arts Preservation Enriclament (CAPE) Center. This 35 2 million Pevenme Note with an interest rate of 2055 for ten years will be repaid by the CRA In October 2021, the City acquired a Capital Note to finance the, redevelopment of the Civic Hub This 6$ 2 milhon revenue note was issued al an interest rate rot tl 61% for ten yews and will be repaid by the CRA Capital Outlay Detail FY 24- Grant Programs 50,000 Canaveral City Park Upgrade OP CR- 1 12,000 Presidential Streets Master Plan (Construct) OP cR 3 1,550,000 Canewral Eire Rescue Station 5553 Enhanced Lightning Protection System ,OP CR 5 116,5100 Canaveral Qty Park Concessaras Steed OP OR 6 315,000 Nancy Hanson Pe„( Center Maintenance OP CR 7 100,000 Oak Lane int provements CtlP CR - 8 550,00.3 Debt Repayment Schedule Wastewater Loan $4701( 2593,000 General Fund Note $6.2M Princi oal tlriterest Principetl lInterest Princi tl al lInterest FY 24 25 553,047 652,0(5) 34235 515,000 2,664 FY 25 26 665,000 20,736 tl 18,000 t 0,980 FY 26 27 679,000 6,960 I 20,000 9,064 FY 27 28 b 22,5100 7,116 BY 28 29 tl 25,000 5,128 FY 29 30 127,000 3,099 FY 30 31 29,000 5,036 General Fund Note SUM Page .56 Revenue 406 COO 000 300100 406 000 000 338000 106 000 000 338001 06 000 000 342102 706 000 000 3611 CX.) 106 000 000 381001 106 000 000 382100 Operating 106 016 559- 531000 106 016 559 533C68) 106 016 559 531001 106 016 559-540200 106-016-559- 554000 Capital Outlay 106-016 -559 - 563060 106 016 559 563001 106 016 559, 563002 106 016 -559- 563003 (06 016-559 563006. 106 016 '559,563009 106 016 559 563010 106 016-559-56322.6 106 016 559- 563227 106: 016 559 5632.28 106 016 559,563231 06 016 559- 563248 ! 06 -016- 559 - 563249' Budget Retail CapeCaner C0413 M unity Redevelopment Agency Fund 106- Dept 016 Cash Forward Shared Revenue -Cape Canaveral Shared Revenue- 8revard County EV Charging [Interest from investment Transfer in from General Fund ransfer in from Stornrwater Total Revenue Legal IP s Professional Srvices Administrahve Fees Travel & Per Diem Membership & Training Total Operating Grant Programs Capital V nitiatives Mobility/Striping/Sidewalk Oak Lane improvements Presidential Streets C5 Construction/Resiliency upgrades Nancy hlanson Rec Center Maint Canaveral City Park Upgrade Civic Flub Redevelopment Cape Center Bike Lane Striping Canaveral City Park ConceLsion Stand CFR +153 Lightning Protection System Total Capital Outlay Debt Service 106-016 569-571000 Debt Service - Principal 106 016 559 572000 IDebt Service Mterest Total Debt Service Other Expenses 406 016 581 591001 1 rarisfe,r to General Fund Total Other Expenses Contingency 106, 016 '559 599000 Contingency Total Contingency Total Community Redevelopment Agency Fund Budget 2021.2022 2022-2423 2023-2024 2023-2024 2024,200 % Actual Actual Original Amended AAppted itncloec 8P4OPC1 943,0,52 1,099,809 1,3.83,417 1,383,417 1,,01.1191Fii7 . 943,062 7 ,058,562 1 ,217,300 1,217,800 r7,860/477737 1 17 3,917 2500 2,503 0,4)13 3;141,595 li 41,953 150,0E0 1 5o,cal, $030,066, 65,cco ,ti 1,851;Ri44, ' 2,836 S 2,304,246 1,2109 210 1,307 175 2,753,717 $ 2,753,717 3,200 3„20G 152,000 152,000 92,5 920 1(20 870 1,096 1095 1,09,5 1,419 $ 2,352 $ 157,215 $ 157,215 105,2115 18,744 4„813,681 t 23,688 116071 36,225 69,027 64,665 251,019 2,425 660,695 729,000 91,032 820,032 738,000 •79,622 (17,822 610,570 610,570 50,000 300,000 9 0000 300,030 1., 115,010 5 0,000 9 0,000 75,000 75f000 150000 150,000 a 3,000 13,000 50,000 50,003 728,000 728,000 802,436 64,060 6,496 702,006 302,436 :5314041 64,060 472089. 166,496 $5T%111407 100% 167% 12711 CY% 220%, 233'31, 0°X, 4001, 34% 0% 076 044 C1% 10006 011, 100% 417% ocrs, ocfr% e4% I am, 100% 100% 100% 10031,, 256`ff. 16, 2631, 196 :144 5,653,876 2,091,438 2,753,717 2,753,717 3),857.843 , 40% 444 Page 57 CITY OF CAPE CANAVERAL CAPITAL !IMPROVEMENT PROGRAM CAPE CANAVERAL COMMUNITY REDEVELOPMENT AGENCY FUND SUMMARY JEARl4N;1." " OP* MEMO Canaveral Gty Park. Redevellopment 9 Z„000 Civk Hub 4:'/': Presidential Streets 1„5•50,000 krl; Traffic Safety Public Axt linstaflation Canaveral Pre 'Rescue Station 1153 Enhaced Lightning Protection System Canaveral City Park Concession Stand 16,000 311S,00) Nancy Hanson ReC Center Ma4Iteriance 900,000 i'<1k4! Oak Lane hri provements 550,000 ORANOTOTAL FltOCIZP T,F117,4*, 40,40A000, 400,000 '1,050,000 ,500„000 1,600,000 Y5000 1,600,000 ,FY ' Gi*ft 0840 Fanding 1,600000 10,000 Page 121 Cape Canaveral Community Redevelopment. Capital Improvement Project Name: Canaveral City' Park Re development Department; Community Redevelopment Location: Community Redevelopment Project Start Date; FY20-21 Agency Fund Program Detail Project Manager: Original Plan Date: M Thomas. FY17-18 Estimated annual operating and maintenance costs: $15,000 ,, ,,;eohwtlorrtua;,, ,, ,,,,,,,, Description: Phase II . Playground Renovation, 'improved lighting and complete fence installation. Phase Ill _ Installation raf electric access points. Staff intends to pursue funding through FRDAP.. Justification: Canaveral City Park is the most centrally located park in the City The above men nities have been found to be highly desirable by the community„ Sense of Place: Pursue proactive measures to preserve and enhance the community's appearance as a distinctive small-town coastal community with open and natural environments, green spaces, parks, beaches, and cultural assets, with distinctive and progressive design standards, and appealing public spaces for multi -generational recreation and gatherings. A%� tp haijfwN t Jr' n $ Project Costs: FY24-25 FY25-26 FY'26-27 FY27-2''8 FY28-2'9 Total Phase Ill Playground Phase III Electric access points 12,000 400,000 400,000 12,000 Total Project Costs 12,000 400,000 412,000 Sources of Funds; _ FY24-25 FY25-26 FY26-27 FY2'7-28 FY28-29 Total CRA Funding 12,000 400,000 412,000 o r �J k Page 122 Cape Canaveral Community Redevelopment. Capital Improvement Project Name: Civic Hub Department: Community Redevelopment Location: 7404 N Atlantic Ave Project Start Date: FY21-22 o Description: Redevelop property located at 7404 N Atlantic Ave. Justification: In fine with the City's v"usloning plan that "transforms coffers City-wide green spaces, provides exceptional parks with ample property. Expansion of the City Fall Plaza into a beautiful civic hub outdated property into a place that completes the municipal campus Recommended Workshops: 3 Agency Fund Program Detail Project Manager: Original Plan Date: L M. Thomas FY18-19 Estimated annual operating and maintenance costs: $3,000 blighted and unfinished buildings into attractive structures,. shade", the opportunity arose to purchase and redevelop this will promote resident/tourist engagement and redevelop an for all to enjoy. Sense of Place: Pursue proactive measures to preserve and enhance the community's appearance as a distinctive small-town coastal community with open and natural environments, green spaces,parks, beaches, and cultural assets, with distinctive and progressive design standards, and appealing public spaces for multi -generational recreation and gatherings. Project Costs: FY24-25 FY2Sa-26 FY26-27 FY27-28 FY2'7-28 Total Redevelopment 1,050,000 1,050,000 Total Project Costs - 1,050,000 - - 1,050,000 Sources of Funds: FY24-25 FY25-26 FY26-2'7 FY27-28 FY27-28 Total Loan Funding CRA Funding 1,050,000 1,050,000 ,104 , d; l % "" ; r f'00 '. Page 123 Cape Canaveral Community Redevelopment Capital lunprovement Program PresbdentdaI'Streets , Masker lalara Project Name: Irnplenrerrtatiora Department: CED Location: Presidential Streets Area 'Project Start Dater FY22-23 Agency Fund Detail Project Manager: Original Plan ©ate:. K. Harris FY22-23 Description: n3ecala plententatiarrof the Pr.1e0taI Streets. Master Plagl.. Justification: This project falls iuw birre w'itlr t ae City`s ongoing srrstarnabildty and re silieuaoe Naa,sed efforts tra reoluce environrrrental impacts, bower emissions and reduce urtdb'ity costs, City Staff will mate every effort to fund projects using relevant grants such a those 'udentdfied in Appendix E of the Presidential Streets Master Plan,. Resiliency: Lead by example as runity that rnbraces sustaiirrability and resiliencyin the design and operation azt its facilities, infraslrxtctwo, programs,, services, budgets, and development through forward -thinking policies, ordinances, and education. Project Costs: FY24-25 FY25-26 FY26-27 FY27-28 FY28-29 Total Survey/Engineering Design/Outreach Construction 300,000 1,250,000 300000 1,300,000 300,000 1,300,000 300,000 1,300,000 300,000 1,300,000 1,500,000� 6,450,000 Total Project Costs 1,550,000 1,600,000 1,600,000 1,600,000 1,600,000 7,950,000 Sources of Funds: FY24-25 FY25-26 FY26-27 FY27-28 FY28-29 Total 'CRA (Funding A IRA Funding 1,050,000 S00,000 1,600,000 '1,600,000 1,600,000 1,600,000 7,450,000 500,000 ip vd ^ ��'l+p,.lr� "';,; { r Page '124 Cape Canaveral Community Redevelopment Capital Improvement Program Project Name: Traffic - ety Public. Art Installation Department: CED Location: Presidential Streets. Area Project Start Date: FY24-25 Agency Fund Detail Project Manager; Original Plan Date: �)l' A. Miller FY 24-25 Description: Install public art, therrwed towards traffic safety in the CRA„ for example: painted crosswalk or intersection, roadway murals, etc. Painted roadways and crosswalks are also considered in the Presidential Streets Master Plan both as beautification and traf ic. calming took, and can add livability to AAR,P community assessments. Local organizations like'321 Millennials and the ISCTPO are interested in supporting this endeavor in Cape Canaveral, both financially and administratively, Justification: This project falls in line with the City's vision of creating a community with quality of life amenities that promote small-town character„ safety, and sensible mobility with an emphasis on pedestrian needs. Sense of Place: Pursue proactive measures to preserve and enhance the community's appearance as a distinctive small-- town coastal community with open and natural environments, green spaces, parks, breaches, and cultural assets, with distinctive and progressive design standards, and appealing public spaces for multi -generational recreation and ,gatherings, oi• o �19�;F"rt:>�fl�l�' i ills o Project Costs: FY24-25 FY25-26 FY26-27 FY27-28 FY28-29 Total Design 2,500 2,500 Construction 14500 12,500 Total Project Costs - 15,000 - - 15,000 Sources of Funds: FY24-25 FY25-26 FY26-27 FY27-28 FY28-2,9 Total CRA Funding 5,000 5,000 Grants - TBD 6,500 6,500 32'1 Millenuals - TBD 3,500 3,500 yy Page 125 Cape Canaveral Community Redevelopment Capital Improvement Program Canaveral Fire Rescue Station #53 Project Name: Enhaced Lightning Protection System Department: CED Resiiience Division Location: Canaveral Fire Rescue Station #53 Project Start Date: FY24-25 Agency Fund Detail Project Manager: Original Plan Date: Z. Echholz. FY 24-25 1 f,0htliu,ykl4iu{Eilt, Description: An enhanced lightning protection system - called a CMCE device - will be installed atop the roof or radio mast of f anaveral Fire Rescue Station#53 to remove the ability of potentially dangerous lightning strikes .from making a ground connection with the building and the surrounding area, Pustitlication: Canaveral Fire Rescue Station #53 is considered a critical City facility that is utilized to help coordinate and facilitate hazard response efforts throughout the community. Hardening its infrastructure to be further '"storm- ready'" Is, key to ensuring its operations are secure and continuous. during all conditions,.. Lightning is an annual threat that must be rtlltigated as much as possible- Thus is the last City facility slated to receive an enhanced CMCE lightning protection system, (Resiliency: Lead by example as a community that embraces sustainabili'ty and resiliency in the design and operation of its facilities, infrastructure, programs,, services, budgets, and development. through forward -thinking policies, ordinances, and education.. 4 ' it It t f f% Project Costs: FY24-25 FY25-26 1FY26-27 FY' 7. ' 1FY28 29 Total Installation '16,000 16,000 Total Project. Costs. '0 6,000 - - 16,000 Sources of Funds: 1FM24-2'5 FY25-26 FY26-27 FYZ7-28 FY28-29 Total CPA Funding 16,000 16,000 17,',1 ttttyf„%% `, ,,...:.s.:., ,,rrr.:... G;„ ICak� .:;.,,,,,.. .,,, .,,..'' ; ;,;: :. ..:.................' . ,. ,,,,a%, Page 12.6 Parks Recreation + Community Capital Improvement Program Project Name: Canaveral City Park Concession Stand Department: Parks Recreation + C'ormrunity Affairs Location: Canaveral City Park Project Start Date: FY24-25 Affairs Detail Project Manager Original Plan Date: -� °, 114,Thornas FY23-24 De.s'cription: Rern'rr ve and replace existing announcers booth/storage structure, behind home plate. Justification: Create a dedicated space for Community Partners and Facility Renters to facilit'iate conce�ssion sales, with an improved, second story announcers booth, g:,,, ��,, �, ��6�P,Vad't,'j Sense of Place: Pursue proactive measures to preseree.and ei cu the commun'ity's appearance as a distinctive small-town coastal community with open and natural environments, ,green spaces, parks, beaches, and cultural assets, with distinctive and progressive design standards, and appealing public spaces for mufti -generational recreation and gatherings. Project Costs FY241-2''5 F'Y25-26 FY2Ca-2'T FY27-28 FY28.29 Total Design + Engineering 10,000 10,000 Derolihon 5,000 5,000 Construction 300,000 300,000 Total Project Costs 315„000 315,000 Sources of Funds: FY24-2''5 FY25.26 FY26-2''7 FY27-28 FY28-'29 Total CRA Funding 315,000 315i,O00 Pag Parks Recreation + Community Capital Improvement Program Project Ranee: Nancy Hanson Rec Center Maintenance Department: Parks Recreation + Community Affairs Vocation: Nancy Hanson Rec Centex Project Start Date: FY24-25 Affairs Detail Project Manager Original Plan Date: ' M.7hornas FY24-25 Description: Perform sM ly and mission critical maintenance on Nancy Hanson Rec Center building justification: the roof is iru an unsafe state r°uf rNdsrefeair and the electrical infrastructure on the property is ladling, with certain zones largely fainter rer°tiro rral. Sense of Mace: Pursue proactive measures to preserve comrreunity with open and natural environments, standards, and appealing public spaces for multi -generational Projec and enhance, ,green spaces, parks, recreation the community's beaches,. and and gatherings.. r,. im4 appearance as a distinctive cultural assets, with distinctive small-town coastal and progressive design FY24-2'S F'Y2S"-2 r FY2V5 2'T FY27-2 FY28.29 Total aihetenanre' rack 10 100 O0 Total Project Costs 100,CY00 - "f 00,0001 Sources of Funds: FY24-25 FY25.26 FY26-2'7' FY27-2kt FY28-29 Total CRA Funding 100,000 - 100,000 Page 12ft Infrastructure Maintenance Capital Improvement Program Project Name: Oak Lane, Improvements Department Infrastructure Maintenance Location: Oak Lane Project Start Date: FY22-23 Detail Project Manager, Original Plan Date: SW Portion - SW CIP #6 T. Carlisle FY17- 18 Description: The proposed Oak Lane improvements consist of the installation of roadway base, paving of the roadway, installation of a stormwater system and installation of new lighting. A French drain system will also be installed in the adjacent restaurant parking lot to help alleviate flooding, Engineering drawings and bid specs are complete; the project will be publicly bid upon relocation of the utility poles. (Note: The project included a survey of residents along this roadway who stated they did not want sidewalks to be constructed at this time. Accordingly, the engineering design does not include sidewalks.) itu1if'ic'a'tion: This road its thesecond to the last City owned road that is needing att'ention in the categories o'f stormwater, curbing, paving, and access to reuse. 1 employment. economic Economic Vitality & Development: Enhance the City's infrastructure and appearance to promote investment and in support of the Vocal economy, and provide, fiscal stability, and revenue diversification to the City by encouraging development and redevelopment initiatives to address the needs of residents and visitors who are drawn to the community, ' Xd�iw luutlafutlw� Project Costs: FY24-25 I FY25-26 FY26-27 FY27-28 FY28-29 Total Construction and support 550,000 550,000 Total Project Costs 550,000 550,000 Sources of Funds: FY24-25 FY25-26 r FY26-27 FY27-28 FY28-29 M � Total CRA Funding 550,000 550,000 Page 129 City of Cape Canaveral Community Redevelopment Agency (CRA) FY 24/25 Measurable Objectives VI P �. � wr�ulmVlyll�r �, tiR1� �n1Hg„, ml I l q ww I� OIII Idlillllll I I I �r���IIIIII Diu Itl1VIIIrYVI I�� I� Ifp II lcrrll�f $101. lkigiv0 ./o?aei3Y7w. i ,fmoKrifIml�� 110WI14^iNoVWwpm ��llulull�VVbR�IIIIIIV"IIVIII�II1VI 'l�p+lpol�p 11d''u1VI����Vl'1 uII I, I�n�alulllV 11Wud 161 �o I IIIIIIV111ru 1V" � 4�99 i �� liiylltil1l���IN I�IIIIIIIIIIum 'Y ?PVVIu° "1;I 11 IIII ill I^11 I iIt cull 1@�I� VIdI41h dVl llpll Ilupllupl,IlliVu Ilmolololmlu 1 ll IIII Ill�au y9 11,11111,111111111111,114 N 9,, 11oV1� 1,i1IN 0111 �II� 1 11u ad� DECEMBER 2024 City of Cape Canaveral Community Redevelopment Agency 100 Polk Avenue Cape Canaveral FL 32920 (321) 868-1220 ��I I Ili I II1� o1i h If o�9i�ii uull I u p���l �I, ���� w�hPrl/ro99N1�ir9pl/hh a, P glll Hw I I1JI I lu i611111 1111 1 ,111111ii 10 m1 u l I, �IIIII�IWIl1�l1 II 11,01)11 II' I i 11 Ill li ,IIII I I I11111�11 V�Ill�l��n,y„ oa 1 1 II u1111�IIVVIN;u VVIIII IV. illul�' Iv N v u u III .,., lllllii 1 ul 1,, ', UI� Illlllllllpl III II ;1 VIIi11h11,'„ r'l11 li+ W 1 I ullIl� � I11�^� M0,I11'I� o1� I1,, 11111 1 HI 1, p utl � m „,11 0111uPliill 2 Community Redevelopment Agency Officials City Staff Todd Morley City Manager/CRA Registered Agent/ Primary Contact for the District (321) 868-1220 t.morley@capecanaveral.gov Brianna Soat, AICP CRA Director (321) 868-1220 b.soat@capecanaveral.gov Governing Board Members Wes Morrison, Chairperson w.morrison@capecanaveral.gov Mickie Kellum m.kellum@capecanaveral.gov Kay Jackson k.jackson@capecanaveral.gov Mia Goforth Assistant City Manager/CRA Clerk/ Recording Secretary (321) 868-1220 m.goforth@capecanaveral.gov Kim Davis council.davis@capecanaveral.gov Don Willis d.willis@capecanaveral.gov 3 City of Cape Canaveral CRA Boundary Figure 1. City of Cape Canaveral CRA Boundary (area outlined in black). 4 Intent On April 26, 2024, the State of Florida passed HB 7013 revising Florida Statute (FS) § 189.0694 to require all special districts, including Community Redevelopment Agencies (CRAs), to establish goals and objectives for each undertaken program and activity and create performance measures and standards to determine the achievement level of the established goals and objectives. Starting in 2025, special districts must annually publish a report by December 1 each year describing the achievements and unmet targets. This document, which the CRA will update annually, provides a summary of the methods the Cape Canaveral CRA utilizes to address the overall needs identified in the Cape Canaveral CRA Plan and provides an additional outlet to inform the public about the Cape Canaveral CRA's redevelopment activities. The CRA adopted its Community Redevelopment Plan in FY12-13 funded with Tax Increment Financing (TIF) revenues deposited in the Trust Fund to provide comprehensive support for property owners, business owners, and visitors alike through usage of TIF to catalyze business development and economic growth along the City's major corridor, State Route A1A (SR A1A). In its 13th year of operation, the CRA has increased in value approximately $491 million since inception. $800 $700 $600 $500 $400 $300 $200 $100 $0 266 $230 $234 $248 CRA Valuation ($ $24. 329 2 00000000 10 $457. 011 2 $572 $651 $721 Base 20 3 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Year Figure 2. Assessed Valuation as determined by the Brevard County Property Appraiser's Office 5 Measurable Objectives by Project atiW anave ra1111 atiwwAy Park Ill dt v 1111me uir t Budgeted: • $12,000 in FY 24-2025 • $400,000 in FY 25-2026 Goal/Objective(s): Pursue proactive measures to preserve and enhance the community's appearance as a distinctive small-town coastal community with open and natural environments, green spaces, parks, beaches, and cultural assets, with distinctive and progressive design standards, and appealing public spaces for multi -generational recreation and gatherings. Performance Measure/Standard(s): • Install electric access points per plan by 2026. • Complete playground lighting and fence installation by 2027. IPresu� 't uir ti 1111 Streets Master Ill llll ,uir Illluirni 1p,Illl uirni uirm,m muu� �,lp Budgeted: • $1,050,000 in FY 24-2025 • $1,600,000 in FY 25-2026 Goal/Objective(s): Lead by example as a community that embraces sustainability and resiliency in the design and operation of its facilities, infrastructure, programs, services, budgets, and development through forward -thinking policies, ordinances, and education. Performance Measure/Standard(s): Complete the design or construction of one Presidential Street. ..anaverallll III':iuirp Rescue Stab urn uir �m��uir�� �u IIII uu alllhmtuiruuuirl%il Illm"uir �:ttuu ...Sys�:�ugilim� um IIII L... Budgeted: $16,000 in FY 24-2025 Goal/Objective(s): Prevent the ability of potentially dangerous lightning strikes from making a ground connection with vital governmental facilities and the surrounding area. Performance Measure/Standard(s): Install the enhanced lightning protection system (CMCE device) atop the roof or radio mast of Canaveral Fire Rescue Station #53 to begin measuring data by the end of 2025. 6 auirmav moue! sti,1,1 eauirllll : stiww ,uirma m s suu ,uirm t it Budgeted: $315,000 in FY 24-2025 Goal/Objective(s): Create a dedicated space for community partners to facilitate nonprofit concession sales and improve the existing announcer's booth. Performance Measure/Standard(s): Completely remove and replace existing structure behind home plate to accommodate concession sales by the end of 2026. t a"o a auir�ctu IIP'�auir�cyllll �auir� s�:�uirm Illl��ucuir�uatuu�r,uirm atiww��uir....�.�uuir IIP�dhl:'.. uuir�t�.uir�. Budgeted: $100,000 in FY 24-2025 Goal/Objective(s): Perform safety and mission -critical maintenance on the Nancy Hanson Recreation Center building. Performance Measure/Standard(s): Pass inspections on all improvements by the end of FY 2025-26. a Ilk IIII one IIIIuin llpuirveigmient Budgeted: $550,000 in FY 24-2025 Goal/Objective(s): Modernize City streets to keep up with surrounding industry and homebuyer expectations. Performance Measure/Standard(s): Complete installation of the roadway base, stormwater system, and lighting per plan in addition to paving by the end of 2027. w'oonauirmr IIIll Illluirma Puirm°tuuv m uirauir f Ill uir iuraronk Budgeted: $50,000 in FY 24-2025 Goal/Objective(s): Provide tax increment financing funds generated by redevelopment projects to neighboring properties to augment further private investment in aesthetics, upkeep, stormwater management, and other means of community beautification to further attract more private redevelopment in an endless loop fashion. Performance Measure/Standard(s): Award at least $40,000 by the end of FY 24-2025.