SUBJECT/RECOMMENDATION:
Title
Approve an Interlocal Agreement between the City of Clearwater and the Community Redevelopment Agency (CRA) to provide staffing and administrative services for the CRA, in an amount not to exceed $1,060,401.00 and authorize the appropriate officials to execute same.
Body
SUMMARY:
The City Council recognized the need for a dedicated focus on downtown redevelopment through the establishment of the Community Redevelopment Agency as an independent department in 2016.
The Clearwater Downtown Redevelopment Plan established that funds received by the CRA through Tax Increment for certain redevelopment activities.
The North Greenwood Community Redevelopment Area Plan acknowledges that the staff who administer the Downtown CRA will also administer the implementation of the North Greenwood Community Redevelopment Agency Area Plan.
As per Section 163.387, Florida Statutes allows that money in the redevelopment trust fund may be used to support the activities for the for the Community Redevelopment Agency, including providing for staff. The total salary for the CRA staff is for FY2024-2025 $1,016,359.00:
• North Greenwood CRA $91,558.00
• Downtown CRA $924,801.00
• Internal Services $44,042.00
STRATEGIC PRIORITY:
2.1 Strengthen public-private initiatives that attract, develop, and retain diversified business sector.
3.2 Preserve community livablity through responsible development standards, proactive code compliance, and targeted revitalization.