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07-11-22 - Special MeetingsCommunity Redevelopment Agency City of Edgewater Meeting Agenda 104 N. Riverside Drive Edgewater, FL 32132 Council Chambers6:00 PMMonday, July 11, 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 Resolution 2022-CRA-02 Adopting Revised Budget FY 2021 - 2022a. 2022-CRA-02 Adopting Revised Budget FY 2021-2022Attachments: Memorandum of Understanding Aldib. Aldi and Edgewater and CRA Memorandum of Understanding July 2022 Quit Claim Deed - Wells Fargo - Recorded Reciprocal Easement Agreement - Edgewater - Recorded 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 6/29/2022 City of Edgewater Legislation Text 104 N. Riverside Drive Edgewater, FL 32132 File #:2022-CRA-02,Version:2 COMMUNITY REDEVELOPMENT AGENCY AGENDA ITEM SUBJECT: Resolution 2022-CRA-02 Adopting Revised Budget FY 2021 - 2022 DEPARTMENT: CRA SUMMARY: In the previous budget approved by the CRA Board,there was a line item under Capital Projects for the Beautification of E.Indian River Blvd in the amount of $40,000.However,thanks to Aldi purchasing property in Edgewater to build an Aldi Grocery Mart,the need for an additional access point on E.Indian River Blvd has been identified.This additional access point will ease the conflict points on US1.This strategy is detailed in the CRA Plan under the section of the Primary Objective and Strategies for Road Network Infrastructure.The City and CRA also asked Aldi to construct a one inch overlay on E.Indian River Blvd.from Riverside Drive and US1 to help reinforce the roadway for future traffic needs.The estimates for this work are just under $84,000.The Memorandum of Understanding (MOU)with Aldi will also be heard at this evening’s meeting outlining the cost estimates from the CRA Trust Fund.The revised budget is detailed on the last page of the Resolution to show the capital project. BUDGETED ITEM:☐ Yes ☐ No ☒ Not Applicable BUDGET AMENDMENT REQUIRED:☐ Yes ☐ No ☒ Not Applicable RECOMMENDED ACTION: Motion to approve Resolution 2022-CRA-02 City of Edgewater Printed on 6/29/2022Page 1 of 1 powered by Legistar™ Resolution #2022-CRA-02 Page 1 RESOLUTION #2022-CRA-02 A RESOLUTION OF THE EDGEWATER, COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING A REVISED BUDGET FOR THE FISCAL YEAR 2021 – 2022; PROVIDING FOR SEVERABILITY, APPLICABILITY AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, The Edgewater Community Redevelopment Agency (Edgewater CRA) was created pursuant to Chapter 163, Part III, Florida Statutes (the “Community Redevelopment Act ”) establishing the conditions and procedures for the establishment of community redevelopment areas and agencies; and, WHEREAS, the Edgewater CRA is a dependent special district under Chapter 189, Florida Statues (2006), known as the Uniform Special District Accountability Act (the “Special District Act”); and, WHEREAS, the Special District Act requires all special districts, including dependent special districts, such as the Edgewater CRA, to adopt a budget for each fiscal year by resolution; NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows: Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution pursuant to the Special District Act. Section 2. Adoption of Budget. The governing body of the Edgewater CRA does hereby approve and adopt a Budget for the Edgewater CRA for Fiscal Year 2021 – 2022. A copy of the budget is attached hereto and incorporated herein as Exhibit “A”. Section 3. Severability. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining potion hereto. 2 Resolution #2022-CRA-02 Section 4. Effective Date. This resolution shall take effect upon adoption. After Motion to approve by ________________________________________ with Second by __________________________________, the vote on this resolution was as follows: AYE NAY Mayor Mike Thomas Councilwoman Christine Power Councilwoman Gigi Bennington Councilman Jonah Powers PASSED AND DULY ADOPTED this _____ day of __________________, 2022. CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA Mike Thomas Mayor ATTEST: Bonnie Brown, CMC City Clerk For the use and reliance only by the City of Edgewater, Florida Approved as to form and legality by: Aaron R. Wolfe, Esquire City Attorney Doran, Sims, Wolfe & Yoon Approved by the City Council of the City of Edgewater at a meeting held on this day of , 2022 under Agenda Item No _____ Resolution #2022-CRA-02 Page 3 EXHIBIT “A” City of Edgewater Community Redevelopment Agency intentionally left blank Revised Budget Fiscal Year October 1, 2021 - September 30, 2022 Time: 2015 - 2035 Board: City Council 400 Acres Contact: Samantha Bergeron, Director Parks & Recreation intentionally left blank URL: www.EdgewaterCRA.org Prelinary Current Year Taxable Value $ 92,105,895 as of June 23, 2021 intentionally left blank intentionally left blank Less Base Year Tax Value: $ 62,754,205 intentionally left blank intentionally left blank Equals Increment Value: $29,351,690 per thousand intentionally left blank intentionally left blank intentionally left blank intentionally left blank Revenues:intentionally left blank intentionally left blank Description Amount intentionally left blank City TIF (6.7 Mils @ 95%)187,878$ intentionally left blank County TIF (County Roll-Back ) (5.2025 Mils @95% @95%)141,856$ intentionally left blank Interest -$ intentionally left blank Balance Brought Forward 406,731$ intentionally left blank Total Proposed Revenues 736,465$ intentionally left blank intentionally left blank intentionally left blank intentionally left blank Expenses:intentionally left blank intentionally left blank Description Amount intentionally left blank Capital Projects:intentionally left blank 1. East Indian River Blvd. Access and Asphalt Overlay Project 84,000$ 2. Hawks Park Recreational Projects 432,465$ Façade Grants (Small Scale $1,000 to $5,000)100,000$ intentionally left blank Façade Grants (Medium Scale up to $25,000)100,000$ Wayfinding Signs 20,000$ intentionally left blank Total Proposed Expenses 736,465$ intentionally left blank Revised July 11, 2022 intentionally left blank intentionally left blank City of Edgewater Legislation Text 104 N. Riverside Drive Edgewater, FL 32132 File #:AR-2022-0332,Version:2 COMMUNITY REDEVELOPMENT AGENCY AGENDA ITEM SUBJECT: Memorandum of Understanding Aldi DEPARTMENT: CRA SUMMARY: On January 24,2019 Wells Fargo Bank Quit Claim a small parcel of property located behind the retention pond adjacent to E.Indian River Blvd to the City of Edgewater.The intent of this was so that the City could allow access from the properties located south of Wells Fargo to E.Indian River Blvd.thus making these properties more accessible for redevelopment in the future. On February 1,2019,the City Council approved a Reciprocal Easement Agreement with the property owners of 1821,1825,and 1829 S.Ridgewood creating an easement on all of those properties to allow access to E.Indian River Blvd behind Wells Fargo Bank for redevelopment in the future.Within the Easement Agreement,under the section 1.(d)the first owner to develop is required to construct a twenty four feet wide road and any stormwater modification requirement over the City’s parcel to connect to E. Indian River Blvd. Aldi is the first to develop and will construct the road on the City’s parcel as per the Easement Agreement. These properties are located within the CRA District.Road Network Infrastructure is a primary objective and strategy of the CRA Plan as well as Business Support.The City Staff,CRA Staff and Aldi have been working on this MOU as a way to promote redevelopment in the CRA district.The request before you these evening details that Aldi will build the road and also construct a one inch overlay along the entire roadway of E.Indian River Blvd from US1 to Riverside Drive.The proposed MOU also states that Aldi will be reimbursed with CRA Trust Funds for this outlined work in the amount not to exceed $84,000. BUDGETED ITEM:☐ Yes ☒ No ☐ Not Applicable BUDGET AMENDMENT REQUIRED:☒ Yes ☐ No ☐ Not Applicable RECOMMENDED ACTION: Motion to approve Memorandum of Understanding with Aldi in the amount not to exceed $84,000 City of Edgewater Printed on 6/29/2022Page 1 of 1 powered by Legistar™ 11thJuly