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10-07-2019104 N. Riverside Drive Edgewater, FL 32132City of Edgewater Meeting Minutes Community Redevelopment Agency 6:00 PM Council ChambersMonday, October 7, 2019 1. CALL TO ORDER, ROLL CALL Mike Thomas, Board Member Christine Power, Board Member Kimberly Yaney, Board Member Megan O'Keefe, Gary T. Conroy and Vice Chair Gary T. Conroy Present 6 - City Manager Glenn Irby, City Clerk/Paralegal Robin Matusick CMC and Economic Development Coordinator Samantha Bergeron Also Present 3 - 2. APPROVAL OF MINUTES a.Minutes of the August 5, 2019 CRA Meeting A motion was made by Board Member Power, second by Board Member Conroy, to approve Minutes of the August 5, 2019 CRA Meeting. The MOTION was APPROVED by the following vote: Yes:Mike Thomas, Christine Power, Kimberly Yaney, Megan O'Keefe, Gary Conroy and Gary Conroy 6 - 3. NEW BUSINESS - PUBLIC HEARING a.Resolution 2019-CRA-02 Adopting Proposed Budget for FY 2019 - 2020 A motion was made by Board Member Power, second by Board Member Yaney, to approve the Proposed Budget for FY 2019-2020 (Resolution No. 2019-CRA-02). The MOTION was APPROVED by the following vote: Yes:Mike Thomas, Christine Power, Kimberly Yaney, Megan O'Keefe, Gary Conroy and Gary Conroy 6 - 4. DISCUSSION ITEMS a. CRA Coordinator's Report - if any Board Coordinator Bergeron reported that she has a draft of the grant wording for the Small Scale Grant that would be for facade grants, signs, landscaping, painting; if you want to look at that or we can look at it again in January. Mayor and Board Coordinator Bergeron discussed an email he received about affordable housing. Coordinator Bergeron stated that our CRA District is also in the "Opportunity Zone" and explained how an investor who would be considering an apartment building can take capital gains and reinvest those into an approved Opportunity Fund and defer the taxes they would normally pay for up to 10 years but we are a year into it so it would be for 9 years left of that. Page 1City of Edgewater Printed on 12/15/2021 October 7, 2019Community Redevelopment Agency Meeting Minutes 5. ADJOURN Board Member Power made motion to adjourn at 6:07pm Page 2City of Edgewater Printed on 12/15/2021