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04-04-22Community Redevelopment Agency City of Edgewater Meeting Agenda 104 N. Riverside Drive Edgewater, FL 32132 Council Chambers6:00 PMMonday, April 4, 2022 We respectfully request that all electronic devices are set for no audible notification. 1. CALL TO ORDER, ROLL CALL 2. APPROVAL OF MINUTES None at this time 3. OLD BUSINESS-PUBLIC HEARING None at this time 4. NEW BUSINESS - PUBLIC HEARING None at this time 5. DISCUSSION ITEMS a. Department Director's Report Edgewater CRA Annual Report FY 2021i. 6. ADJOURN Pursuant to Chapter 286, F.S., if an individual decides to appeal any decision made with respect to any matter considered at a meeting or hearing, that individual will need a record of the proceedings and will need to ensure that a verbatim record of the proceedings is made. The City does not prepare or provide such record. In accordance with the Americans with Disabilities Act, persons needing assistance to participate in any of these proceedings should contact City Clerk Bonnie Zlotnik, CMC, 104 N. Riverside Drive, Edgewater, Florida, telephone number 386-424-2400 x 1101, 5 days prior to the meeting date. If you are hearing or voice impaired, contact the relay operator at 1-800-955-8771 One or more members of City Council or other advisory boards may be present. Page 1 City of Edgewater Printed on 3/21/2022 City of Edgewater Legislation Text 104 N. Riverside Drive Edgewater, FL 32132 File #:AR-2022-0151,Version:2 EDGEWATER COMMUNITY REDEVELOPMENT AGENCY AGENDA ITEM SUBJECT: Edgewater CRA Annual Report FY 2021 DEPARTMENT: Economic Development SUMMARY: The Edgewater CRA Annual Report was due March 31st .Attached,please find the Annual Reports that were submitted as required. BUDGETED ITEM:☐ Yes ☐ No ☒ Not Applicable BUDGET AMENDMENT REQUIRED:☐ Yes ☐ No ☒ Not Applicable RECOMMENDED ACTION: None at this time. City of Edgewater Printed on 3/21/2022Page 1 of 1 powered by Legistar™ City of Edgewater Community Redevelopment Agency Annual Report FY 2021 March 31, 2022 Redevelopment Area Boundaries •400 acres •2.8 % of total City area •Focus Ridgewood Avenue (US-1) 2 Process 3 •May 5, 2014 Resolution 2014-R-08 Finding of Necessity •November 20, 2014 Volusia County Council Resolution 2014-159 •January 14, 2015 Planning & Zoning Board Community Redevelopment Plan consistent with Comprehensive Plan. •March 2, 2015 Resolution 2015-R-08 Create CRA (Agency) •March 2, 2015 Resolution 2015-R-09 Appoint Governing Body •March 2, 2015 Resolution 2015-R-10 Adopting CRA Plan •March 2, 2015 Ordinance 2015-O-04 Establish CRA Trust Fund (First Reading) Governing Board City Council 4 Governing Board Members: Back Row: Michael Thomas Chair, Jonah Powers Front Row: Megan O’Keefe , Gigi Bennington, and Christine Power Contact: Samantha Bergeron Director Parks & Recreation Economic Development / Redevelopment Coordinator City of Edgewater 104 N. Riverside Drive, Edgewater, FL 32132 Phone: 386-424-2400 ext. 7201 Fax: 386-424-2469 E-Mail: sbergeron@cityofedgewater.org URL: www.edgewatercra.org Primary Objectives 5 Primary Objectives: (pages 50 – 58) 1.Road Network Infrastructure 2.Road Network Connectivity 3.Stormwater Management 4.Utilities 5.Parks and Open Spaces 6.Beautification 7.Infill Development (When Feasible Land Acquisition of Critical Properties to Facilitate Development) 8.Historic Preservation (When Feasible Creation of Direct Plan for Purchasing Specific Buildings) 9.Funding Primary Objectives 6 Community Objectives: (pages 58 – 60) 1.Code Enforcement and Maintenance a.Encourage Neighborhood and Business Stabilization b.Special Maintenance Standards 2.Business Support a.Create Façade Grant Program b.Target Strategic Development Projects c.Job Support Programs d.Purchase Required Land for Parking Lots in Coordination with Developing Public Spaces, New Developments CRA Plan – Area 1 (North Limit to Lamont Street) (Page 40-41) 7 Blight Factors Key Capital Projects Include: •Enhanced Pedestrian Crosswalks •Enhanced Transit Stops •Improved Utilities •Stormwater Management Strategy & Improvements •Pedestrian Lighting, Traffic Lights & Signage •Wayfinding Signage •Downtown Edgewater Redevelopment Concept CRA Plan – Area 2 (Lamont Street to Ocean Avenue) (Page 44 – 45) 8 Blight Factors Key Capital Projects Include: •Park Avenue Enhancement Plan (Network Connectivity, Median Landscaping, Intersection & Public Realm Improvements, Joint Storm Water, Property Assemblage) •Enhanced Pedestrian Crosswalks •Extend East Central Florida Regional Rail Trail to the Indian River •Riverwalk Improvements •George R. Kennedy Memorial Park Improvements •Park Ave – (Cross Section Improvements, Landscape, Signage, & Design Standards) •Gateway (Destinations & Public Facilities) •Wayfinding Signage •Downtown Edgewater Redevelopment Concept CRA Plan – Area 3 (Ocean Avenue to Marion Avenue) (Page 46 - 47) 9 Blight Factors Key Capital Projects Include: •Enhanced Pedestrian Crosswalks (Including Ridgewood Avenue) •Enhanced Transit Stops •Improve Utilities (Including Ridgewood) •Ridgewood Avenue – Future Phase (Pedestrian Lighting, Traffic Lights, Signage) •Wayfinding Signage CRA Plan – Area 4 (Marion Avenue South) (Page 48 – 49) 10 Blight Factors Key Capital Projects Include: •Enhanced Pedestrian Crosswalks (Including Ridgewood Avenue) •Enhanced Transit Stops •Improve Utilities (Including Ridgewood) •Ridgewood Avenue – Future Phase (Pedestrian Lighting, Traffic Lights, Signage) •Wayfinding Signage Community Objectives & Strategies 11 Community Objective 2 – Business Support Small Scale Improvement Façade Grants (50/50 Matching) CRA Plan Pages 58 & 59 101 N Ridgewood Avenue – McCracken Properties 12 Before After Awarded $4,825 429 N Ridgewood Avenue – Patricia Howell 13 Before After Awarded $2,176.37 1515 S Ridgewood Avenue – Industrial Property Holdings 14 Before After Awarded $5,000 Primary Objective 4 - Utilities 15 Deliver utilities needed to encourage the development / redevelopment effort of the Redevelopment Area. Construct potable water lines and facilities connecting to the existing water system. CRA Plan Page 53 Capital Project – Water Main US1 from E. Indian River Blvd. to S. Riverside Drive 16 Background: •Extension of the water line from SR 442 to Riverside Drive on US1 •Project Not on City Capital Projects List •Approved by CRA Board August 3, 2020 •Completed •Cost : $352,638.68 Financial Statement 17 FY 2021 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY 2014 Revenues: (TIF) $315,360 $209,055 $154,233 $112,081 $41,146 $9,398 $0 $0 Investment Earnings 794 $692 $408 $187 $50 Total Revenues 316,154 $209,747 $154,641 $112,268 $41,196 $9,398 $0 $0 Expenditures Community Development 12,001.37 $305 $306 $175 Capital Outlay 352,638.68 $61,847 $2,500 $6,900 Total Expenditures 364,640.05 $61,847 $305 $2,806 $7,075 Net Change in Fund Balances ($48,486) $147,900 $154,336 $109,462 $34,121 Beginning Fund Balance 455,217 $307,317 $152,981 $43,519 $9,398 Ending Fund Balances 406,731 $455,217 $307,317 $152,981 $43,519 Number of Personnel 0 0 0 0 0 0 0 0 Debt $0 $0 $0 $0 $0 $0 $0 $0 Focus: Capital Projects to encourage redevelopment, access and infrastructure Base Year 2021 Expense Detail 18 FY 2021 2021 Expenses Detail Capital Project – Water Main East Indian River Blvd to S. Riverside Drive $352,638.68 Façade Grants $12,001.37 Total Expenses $364,640.05 Focus: (1)Capital Projects to encourage redevelopment, access and infrastructure (2)Business Support Improvement Grants 50/50 Match to encourage private reinvestment and job creation opportunities Community Redevelopment Agency Annual Report CRA PLAN PAGE 62,754,205.00$                                   ACHIEVEMENT Economic Development Economic Development Infrastructure 58 58 53 City of Edgewater Community Redevelopment Agency Monday, October 08, 2018 1 Total number of Activities completed Most Recent Update Florida Department of Economic Opportunity Special District Accountability Program ID Mailing  Address Office Address 1976 City of Edgewater Community Redevelopment Agency P.O. Box 100, Edgewater, FL 32132 104 North Riverside Drive Registered Agent (386) 424‐2400 (386) 424‐2469 sbergeron@cityofedgewater.org Base Year Taxable Value in CRA Telephone Fax Email Website County(ies) www.edgewatercra.org Volusia Total number of Activities started Board Selection Authority to Issue Bonds City of Edgewater Tax Increment Financing Local Governing Authority Date Created / Established Creation Documents Monday, March 02, 2015 City Resolutions 2015‐R‐08 and 2015‐R‐09 Identical to Local Governing Authority Yes The following is a summary of this community redevelopment agency's achievement of its redevelopment plan's  goals.  29,351,690.00$                                   Total amount expended for low and middle income affordable housing ‐$                                                      Current Year Tax Increment Value Current Year Taxable Value in CRA 92,105,895.00$                                   2 Revenue Actual expended increment revenue ‐$                                                      COMPLETED (C) ACTIVITIES BY   COUNT STARTED (S) ACTIVITIES BY  COUNT Page 1 of 2 Copyright 2019 Jeff Burton Community Redevelopment Agency Annual Report $15,000.00 $0.00 $50,000.00 $100,000.00 $150,000.00 $200,000.00 $250,000.00 $300,000.00 $350,000.00 $400,000.00 Infrastructure Economic Development ACTIVITIES SUMMARY ($) S C Economic Development Infrastructure 100% Economic Development Page 2 of 2 Copyright 2019 Jeff Burton EdgewaterEdgewater CRA2015‐2035 Board: City Council400 acres Contact:  Samantha Bergeron, Director Parks & Recreation Please complete shaded cells.1 CUMULATIVE COUNTY TIF Created May 2015 $374,131 $236,663 $144,176 $75,429 $23,522 $4,4392 FINANCIALS FY 2021 % Total Comment FY 2020 % Total FY 2019 % Total FY 2018 % Total FY 2017 % Total FY 2016 % TotalRevenuesCounty TIF $137,468 43% $92,487 44% $68,747 44% $51,907 46% $19,083 46% $4,439 47%City TIF 177,892 56% 116,568 56% 85,486 55% 60,174 54% 22,063 54% 4,955 53%Subtotal TIF $315,360 100% $209,055 100% $154,233 100% $112,081 100% $41,146 100% $9,394 100%Grants Received $0 0% $0 0% $0 0% $0 0% $0 0% $0 0%Miscellaneous 794 0% 692 0% 408 0% 187 0% 50 0% 4 0%Subtotal Non‐TIF $794 0% $692 0% $408 0% $187 0% $50 0% $4 0%Total Revenue $316,154 100% $209,747 100% $154,641 100% $112,268 100% $41,196 100% $9,398 100%ExpensesDebt Payments $0 0% $0 0% $0 0% $0 0% $0 0% $0 0%Capital Projects 352,639 97% 61,847 100% 0 0% 2,500 89% 6,900 98% 0 0%Grants Awarded 12,001 3% 0 0% 0 0% 0 0% 0 0% 0 0%Subtotal Capital $364,640 100% $61,847 100% $0 0% $2,500 89% $6,900 98% $0 0%Policing/Enforcement Program $0 0% $0 0% $0 0% $0 0% $0 0% $0 0%Operating/Maintenance/Other 0 0% 0 0% 0 0% 306 11% 175 2% 0 0%Administration 0 0% 0 0% 305 100% 0 0% 0 0% 0 0%Subtotal Non‐Capital 0% $0 0% $305 100% $306 11% $175 2% $0 0%Total Expenses $364,640 100% $61,847 100% $305 100% $2,806 100% $7,075 100% $0 0%Net change in Fund Balance‐48,486 147,900 154,336 109,462 34,121 9,398Fund Balance ‐ Ending $406,731 $455,217 $307,317 $152,981 $43,519 $9,398* Please provide explanation for any significant changes from prior year, or any other comments.3 PRIMARY EXPENDITURES Comment50% list categories that comprise top 50%4 PERSONNEL CommentTitle0FY 2020FY 2020FY 20200.00FY 2019FY 2019FY 20190.00FY 2018FY 2018CapitalFY 2018FY 2021FY 2021Captial ProjectsFY 20210.00FY 2017FY 2017CapitalFY 201700.00FY 2016FY 20160FY 2016# FTE0.00 Total FTEsTotal Personnel Expense**paid to city employees, directly or through transfer5 DEBT CommentType of DebtDate of Initial DebtAmount of Initial DebtDebt BalanceDebt MaturityPurposeProject StatusType of DebtDate of Initial DebtAmount of Initial DebtDebt BalanceDebt MaturityPurposeProject Status6 PLAN CommentCurrent Focus7 CAPITAL ACCOMPLISHMENTS CommentCompleted land acquisition and construction accomplishments with dollar value:  Add new in current yearTotal since 2014FY 2020Capital ProjectsFY 2020Engineering for Water Main along US1 from E. Indian River Blvd to S. Riverside Drive 0.00$0FY 20200FY 2019FY 2019None at this time$0$0N/A00.00$0FY 201900FY 2018Land Acquistion and Wayfinding FY 2018FY 20180.00FY 2021Capital Projects and Façade GrantsFY 2021000.00$0FY 20210FY 2017Land Acquistion and Wayfinding FY 2017$0$0N/AN/A0.00$0FY 2017N/A0$0$0N/AN/A0.00$0FY 2016N/A0FY 2016Land Acquisition & Wayfinding FY 2016None at this time