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06-06-22 - Special MeetingCommunity Redevelopment Agency City of Edgewater Meeting Agenda 104 N. Riverside Drive Edgewater, FL 32132 Council Chambers6:00 PMMonday, June 6, 2022 Special Meeting We respectfully request that all electronic devices are set for no audible notification. 1. CALL TO ORDER, ROLL CALL 2. NEW BUSINESS - PUBLIC HEARING Approval of Reimbursement to New Smyrna Beach Housing Authority Development Corporation for Affordable Housing in Edgewater a. NSB Housing Authority Development Corp ILA Housing Authority Close Out Docs_Redacted Attachments: 3. 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 5/23/2022 City of Edgewater Legislation Text 104 N. Riverside Drive Edgewater, FL 32132 File #:AR-2022-0269,Version:2 COMMUNITY REDEVELOPMENT AGENCY AGENDA ITEM SUBJECT: Approval of Reimbursement to New Smyrna Beach Housing Authority Development Corporation for Affordable Housing in Edgewater DEPARTMENT: Economic Development / CRA SUMMARY: On August 2,2021 the CRA Board approved Resolution 2021-CRA-02 Adopting the amended budget to re- allocate funds to add a line item for affordable housing in the amount of $75,000. One September 13,2021,the City Council approved the Interlocal Agreement between the City,CRA and the New Smyrna Beach Housing Authority Development Corporation which provided for funding to make necessary repairs to a multi-family property located at 115 W.Turgot,117 W.Turgot Ave,22 Marilyn Drive and 24 Marilyn Drive in Edgewater (parcel #743315000030)in the amount of $75,000.The property was purchased with Community Development Block Grant (CDBG)and State Housing Initiatives Program (SHIP)funds received from Volusia County.The Housing Development Goals are to provide these four apartments as part of their affordable housing program in Edgewater. The work has been completed.The close-out documents have been submitted for the reimbursement in the amount of $75,000 BUDGETED ITEM:☒ Yes ☐ No ☐ Not Applicable BUDGET AMENDMENT REQUIRED:☐ Yes ☒ No ☐ Not Applicable RECOMMENDED ACTION: Motion to approve the reimbursement of $75,000 to the New Smyrna Beach Housing Authority Development Corporation from the CRA Fund. City of Edgewater Printed on 5/23/2022Page 1 of 1 powered by Legistar™