10-03-22Community Redevelopment Agency
City of Edgewater
Meeting Agenda
104 N. Riverside Drive
Edgewater, FL 32132
Council Chambers6:00 PMMonday, October 3, 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
Resolution #2022-CRA-03 Adopting Proposed Budget for Fiscal Year 2022 - 2023a.
2022-CRA-03 Adopting Proposed Budget FY 2022-2023Attachments:
5. DISCUSSION ITEMS
a. Department Director's Report
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 9/22/2022
City of Edgewater
Legislation Text
104 N. Riverside Drive
Edgewater, FL 32132
File #:2022-CRA-03,Version:2
COMMUNITY REDEVELOPMENT AGENCY AGENDA ITEM
SUBJECT:
Resolution #2022-CRA-03
DEPARTMENT:
Community Redevelopment Agency (CRA)
SUMMARY:
Proposed Budget for fiscal year 2022 - 2023 totals $411,893.
The CRA Base year (year established)in 2015,the taxable value of all parcel located within the CRA district
was $62,754,205.The preliminary current year taxable value is estimated to be $102,395,321.This increase in
taxable value equals $39,641,116 in the CRA district.
2022 - 2023 Estimated Revenues:
City TIF is calculated at 6.33 mils @95% $238,382
County TIF is calculated County Roll-Back 4.8499 Mils @95 % @ 95% $173,511
Total Revenues: $411,893
2022 - 2023 Estimated Expenses:
Capital Projects:
Entry Way Sign at 10th and US1 $50,000
Hawks Park Recreation Projects $141,893
Façade Grants $ 200,000
Wayfinding Signs $20,000
Total Expenses $411,893
BUDGETED ITEM:☒ Yes ☐ No ☐ Not Applicable
BUDGET AMENDMENT REQUIRED:☐ Yes ☒ No ☐ Not Applicable
RECOMMENDED ACTION:
Motion to approve Resolution 2022-CRA-03 Proposed Budget for fiscal year 2022 - 2023
City of Edgewater Printed on 9/22/2022Page 1 of 1
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Resolution #2022-CRA-03
Page 1
RESOLUTION #2022-CRA-03
A RESOLUTION OF THE EDGEWATER, COMMUNITY
REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA;
ADOPTING A PROPOSED BUDGET FOR THE FISCAL YEAR
2022 – 2023; 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 2022 – 2023. 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-03
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
Chair, Mike Thomas
Member, Christine Power
Member, Gigi Bennington
Member, Debbie Dolbow
Member, Jonah Powers
PASSED AND DULY ADOPTED this _____ day of __________________, 2022.
CITY OF EDEWATER
COMMUNITY
REDEVELOPMENT AGENCY,
FLORIDA
Mike Thomas
Chair
ATTEST:
Bonnie Zlotnik, 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 of Edgewater Community
Redevelopment Agency at a meeting held on this day of
_________ , 2022 under Agenda Item No _____
Resolution #2022-CRA-03
Page 3
EXHIBIT “A”
City of Edgewater Community Redevelopment Agency
Revised Budget Fiscal Year October 1, 2022 - September 30, 2023
Time: 2015 - 2035 Board: City Council
400 Acres Contact: Samantha Bergeron, Director Parks & Recreation
URL: www.EdgewaterCRA.org
Preliminary Current Year Taxable Value $ 102,395,321 as of June 24, 2022
Less Base Year Tax Value: $ 62,754,205
Equals Increment Value: $39,641,116 per thousand @6.33 mils @ 95%
Revenues:intentionally left blank
Description Amount
City TIF (6.33 Mils @ 95%)238,382$
County TIF (County Roll-Back ) (4.8499 Mils @95% @95%)173,511$
Interest -$
Balance Brought Forward -$
Total Proposed Revenues 411,893$
Expenses:
Description Amount
Capital Projects:
1. Entry Way Sign at 10th and US1 50,000$
2. Hawks Park Recreational Projects 141,893$
Façade Grants (Small Scale $1,000 to $5,000)100,000$
Façade Grants (Medium Scale up to $25,000)100,000$
Wayfinding Signs 20,000$
Total Proposed Expenses 411,893$
As of September 19, 2022