Community Redevelopment Agency Meeting (CRA)

APPROVED 8/01/2024 MINUTES Community Redevelopment Agency Meeting 5:30 PM - Thursday, April 18, 2024- City Hall CALL TO ORDER: 5:30 P.M. ACKNOWLEDGEMENT OF QUORUM AND PROPER NOTICE PRESENT: Ms. Nan Cobb, Mr. Willie Hawkins, Vice Chair Emily Lee, Mr. Gary Ashcraft and Chairman Michael Holland ABSENT: Community Representatives Lori Pittsley and Tanya Wilder 1. APPROVAL OF MINUTES 1.1 September 7, 2023 CRA Meeting Motion made by Mr. Hawkins, Seconded by Vice Chair Lee, to approve the Minutes. The motion passed on the following vote: Voting Yea: Ms. Cobb, Mr. Hawkins, Vice Chair Lee, Mr. Ashcraft, Chairman Holland 2. CRA ITEM WITH BOARD DISCUSSION, PUBLIC INPUT AND DIRECTION 2.1 Downtown and East Town CRA Annual Report and General Update Al Latimer, Economic Development Director, presented the Community Redevelopment Agency (CRA) Annual Report which was sent to the State. He provided an update on the housing rehabilitation program with some before and after photos and some before and after photos of sites improved through the Gateway Grant program . He reported on the progress on the UCF Business Incubation Program. He reviewed some of the businesses being revitalized following Covid . He reported there were 23 total Gateway Corridor grants awarded in 2023 totalling $115,585 for a total improvement to properties in the amount of $231,170 . Mr. Latimer noted there are a lot of supporting elements for the CRA including community policing. He explained that the CRA pays for one community policing officer. He reported that since the beginning of the CRA the property valuations have risen 293% with an increase in 2023 alone of 39.6% . He stated that with the expansion the CRA district has increased by 81%. Mr. Latimer commented on the CRA events and how it is enhanced by the events. He then reviewed the CRA budget including income, liabilities, reserves, projects, debt service and development incentives. 3. ADJOURNMENT: 5:41 P.M. *These minutes reflect the actions taken and portions of the discussion during the meeting. To review the entire discussion concerning any agenda item, go to www.eustis.org and click on the video for the meeting in question. A DVD of the entire meeting or CD of the entire audio recording of the meeting can be obtained from the office of the City Clerk for a fee . ~fuil:/:«2~ CHRISTINE HALLORAN , City Clerk MICHAEL L. HOLLAND, Chairman Eustis Community Redevelopment Agency Page 1 of 1 April 18, 2024