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08-17-2015 City of Edgewater E104 d N.Riverside Drive Edgewater,FL 32132 Meeting Minutes ommunity Redevelopment Agency Monday,August 17,2015 5:00 PM Council Chambers 1. CALL TO ORDER Chair Ignasiak called the meeting to order at 5:03 p.m. 2. ROLL CALL Present 5- Mike Ignasiak,Christine Power,Gigi Bennington,Dan Blazi and Gary T.Conroy 3. APPROVAL OF MINUTES A motion was made by Mr. Blazi, second by Ms. Power, to approve the minutes of June 1,2015. The MOTION was APPROVED by the following vote: Yes: 5- Mike Ignasiak,Christine Power,Gigi Bennington,Dan Blazi,and Gary Conroy a. AR-2015-107 Regular Meeting -June 1,2015 0 4. OLD BUSINESS a. AR-2015-106 Updated Estimated FY 2016 CRA Budget 7 Economic Development/Redvelopment Coordinator Samantha Bishop gave a staff presentation. During her presentation she discussed: Edgewater's updated 2014 CRA taxable value; an estimated County TIF (estimated millage rate) of 632; an estimated City TIF (estimated millage rate) of 6.70; and a total estimated CRA revenue for 2015-2016 of$11,286.60. She stated the first year revenue generated from the CRA is being reserved for the northern gateway stormwater pond and park project, which is what staff feels is the most realistic, next project for the City. Mrs. Bishop requested the CRA board to recommend approval of the proposed budget to City Council. A motion was made by Ms. Bennington, second by Ms. Power, to accept the estimated budget. The MOTION was APPROVED by the following vote: Yes: 5- Mike Ignasiak,Christine Power,Gigi Bennington,Dan Blazi,and Gary Conroy 5. NEW BUSINESS -None at this time City of Edgewater Page 1 Printed on 812512015 Community Redevelopment Agency Meeting Minutes August 17,2015 6. OTHER BUSINESS -None at this time 7. DISCUSSION ITEMS 8. ADJOURN Chair Ignasiak adjourned the CRA board meeting at S:06 p.m. Minutes submitted by: Mitch Honaker, Deputy City Clerk City of Edgewater Page 2 Printed on 812512015