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Home My Public Portal About20-23 Approving CRA Budget FY 20-211st Reading/Public Hearing: November 19, 2020 2"d Reading/Public Hearing: December 09, 2020 Adopted: December 09, 2020 Effective Date: December 09, 2020 Sponsored By: City Manager ORDINANCE NO. 2020-23 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF OPA-LOCKA, FLORIDA, APPROVING AND ADOPTING THE OPA-LOCKA COMMUNITY REDEVELOPMENT AGENCY'S PROPOSED GENERAL OPERATING AND TAX INCREMENT FUND BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2020 AND ENDING SEPTEMBER 30, 2021, AS SET FORTH IN EXHIBIT "A"; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF SAID BUDGET TO THE CITY OF OPA-LOCKA AND MIAMI-DADE COUNTY; PROVIDING FOR INCORPORATION OF RECITALS; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A CONFLICT AND REPEALER CLAUSE; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Opa-Locka Community Redevelopment Agency ("OCRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the Opa-Locka Redevelopment Plan ("Redevelopment Plan"); and WHEREAS, as a prerequisite to carrying out redevelopment activities for the fiscal year commencing October 1, 2020 and ending September 30, 2021 ("FY 2020- 2021"), the Redevelopment Plan requires that the OCRA's Board and the City Commission to approve and adopt the annual General Operating and Tax Increment Fund Budget ("Budget"), attached hereto as Exhibit "A"; and WHEREAS, on September 9, 2020, by Resolution # 2020-06, the OCRA Board of Directors approved the OCRA's Proposed General Operating and Tax Increment Fund Budget for the Fiscal Year Commencing October 1, 2020 and Ending September 30, 2021; and WHEREAS, pursuant to the Interlocal Agreement between the City and Miami - Dade County, a copy of the Opa-Locka Community Redevelopment Agency's budget is required to be transmitted to Miami -Dade County; and WHEREAS, all the expenses included in the Budget are in accordance with state law, the Interlocal Agreement and the Agency's Redevelopment Plan; and Ordinance No. 2020-23 WHEREAS, the Opa-Locka Code of Ordinances, Article II, Section 2.61 (c) states: "When action to be taken by resolution or ordinance. All actions of the commission may be taken by resolution or ordinance except that any action of the commission which provides for raising revenue, appropriating funds or incurring indebtedness, or which provide a penalty or establishes a rule or regulation for the violation of which a penalty is imposed, shall be by ordinance, and except that approval of purely administrative matters may be accomplished by motion duly adopted and recorded in the minutes of the meeting. Whenever action cannot be taken because the vote of the commission has resulted in a tie, the status quo shall continue in effect and the proposed ordinance, resolution or motion that produced the tie vote shall be removed from the agenda without prejudice to its reintroduction on a de novo basis at a later time"; and WHEREAS, Opa-Locka Code of Ordinances, Article IV, Section 4.5(B) provides, in relevant part, that "The Commission shall by ordinance adopt the annual budget on or before the thirtieth (30th) day of September of each year; and WHEREAS, the City Commission of the City of Opa-Locka desires to approve and adopt the Opa-Locka Community Redevelopment Agency's Budget for FY 2020- 2021 as set forth in Exhibit "A". NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF OPA-LOCKA, FLORIDA: SECTION 1. RECITALS. The above recitals are true and correct and are incorporated into this Ordinance by reference. SECTION 2. APPROVAL. The City Commission of the City of Opa-Locka hereby approves and adopts the OCRA's Proposed General Operating and Tax Increment Fund Budget for the Fiscal Year Commencing October 1, 2020 and Ending September 30, 2021, attached hereto as Exhibit "A". SECTION 3. INSTRUCTIONS TO EXECUTIVE DIRECTOR. The Executive Director of the Opa-Locka Community Redevelopment Agency is hereby directed to transmit a copy of said budget to the City of Opa-Locka and Miami -Dade County. SECTION 4. SEVERABILITY. 2 Ordinance No. 2020-23 If any section, subsection, clause or provision of this Ordinance is declared invalid or unconstitutional by a court of competent jurisdiction, the remainder shall not be affected by such invalidity. SECTION 5. CONFLICT. All sections or parts of sections of the applicable City of Opa-Locka ordinances currently in place in conflict herewith are intended to be rescinded and repealed to the extent of such conflict. SECTION 6. SCRIVENER'S ERRORS. Sections of this Ordinance may be renumbered or re -lettered and corrections of typographical errors which do not affect the intent may be authorized by the City Manager, or the City Manager's designee, without need of public hearing, by filing a corrected copy of same with the City Clerk. SECTION 7. EFFECTIVE DATE. This Ordinance shall, upon adoption, become effective as specified by the City of Opa-Locka Code of Ordinances and the City of Opa-Locka Charter. PASSED AND ADOPTED this 9th day of December, 2020. Mathew Pigatt, Mayor ATTEST: Jo.i a Flores, City Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY: adette Norris Weeks, P.A. City Attorney 3 Ordinance No. 2020-23 Moved by: VICE MAYOR WILLIAMS Seconded by: COMMISSIONER DAVIS VOTE: 4-0 Commissioner Burke NOT PRESENT Commissioner Davis YES Commissioner Taylor YES Vice Mayor Williams YES Mayor Pigatt YES 4 City of Opa-Locka Agenda Cover Memo Department Director: Gregory Gay Department Director Signature: r Finance Director: FD Signature: Department e.. ------- City Manager: John E. Pate CM Signature: i Commission Meeting Date: 11-18-20 Item Type: (EnterXin box) Resolution 0 ' nance Other X Fiscal Impact: (Enter X in box) Yes No Ordinance/Resolution Reading: (Enter X in box) st Reading 2nd Reading X X Public Hearing: (EnterXin box) Yes No Yes No X Funding Source: Account# : (Enter Fund & Dept) Ex: Advertising Requirement: (EnterXin box) Yes No X Contract/P.O. Required: (EnterX in box) Yes No RFP/RFQ/Bid: N/A X Strategic Plan Related (Enter X in box) Yes No Strategic Plan Priority Enhance Organizational Bus. & Economic Public Safety Quality of Education Qual. of Life & City Communcation Area: • Strategic Plan Obj./Strategy: (list the specific objective/strategy this item will address) Retail Services X Dev • • Image• Commercial MI Sponsor Name City Manager Department: Planning & Community Development City Manager Short Title: An Ordinance of The City Commission of The City Of Opa-Locka, Florida, with attachment(s), approving and adopting the Opa-locka Community Redevelopment Agency's Proposed Genderal Operating and Tax Increment Fund Budget for the Fiscal Year Commencing October 1, 2020 and ending September 30, 2021 as set forth in Exhibit "A"; Directing the Executive Director to Transmit A Copy of Said Budget to the City of Opa-locka and Miami -Dade County; Providing For incorporation of Recitals; Providing for A Severability Clause; Providing A Conflict and Repealer Clause; Providing For An Effective Date. Ordinance Approving —Adopting CRA Fund Budget —11-18-20 Staff Summary: The Opa-locka Community Redevelopment Agency is responsible for authorizing community redevelopment activities and projects within its Redevelopment Area in accordance with the Opa-locka Redevelopment Plan. The Opa-locka Community Redevelopment Agency is also responsible for approving and adopting its annual General Operating and Tax Increment Fund Budget, a copy of this legislation has been included. All of the expenses included in the Budget are in accordance with state law, the Interlocal Agreement, and the Community Redevelopment Agency's Redevelopment Plan. Pursuant to the Interlocal Agreement a copy of the Opa-locka Community Redevelopment Agency's budget is required to be transmitted to Miami -Dade County. The Miami -Dade County, Office of Budget is also requiring that the Opa-locka City Commission provide legislation approving and adopting the Community Redevelopment Agency's annual General Operating and Tax Increment Fund Budget. Background The City Commission has approved and adopted the City Budgets for fiscal year commencing October 1, 2020 and ending September 30, 2021. This is a formal request for the City Commission to approve and adopt the annual General Operating and Tax Increment Fund Budget of the Opa-locka Community Redevelopment Agency, attached and incorporated as Exhibit "A", for the fiscal year commencing October 1, 2020 and ending September 30, 2021. Also in accordance with City of Opa-locka Code of Ordinance, Section 2.61 (c) "When action to be taken by resolution or ordinance". "All actions of the commission may be taken by resolution or ordinance except that any action of the commission which provides for raising revenue, appropriating funds or incurring indebtedness, or which provide a penalty or establishes a rule or regulation for the violation of which a penalty is imposed, shall by ordinance, and except that approval of purely administrative matters may be accomplished by motion duly adopted and recorded in the minutes of the meeting. Whenever action cannot be taken because the vote of the commission has resulted in a motion that produced the tie vote shall be removed from the agenda without prejudice to its reintroduction ona de novo basis at a later time". Ordinance Approving —Adopting CRA Fund Budget —11-18-20 Staff has recommended approval of this Request. Attachment: DRAFT Resolution CRA Resolution 2020-06 Adopting Budget OCRA General Operating and Tax Increment Fund Budget FY 2020-2021 Ordinance Approving —Adopting CRA Fund Budget —11-18-20 City of Opa-locka, Florida Community Redevelopment Agency FY 21 Adopted Budget (Begins October 1, 2020) Revenues Opa-locka Tax Increment Revenue (TIR) County Tax Increment Revenue (TIR) Revenue Carryover from prior year (Opening Fund Balance) Total Funding Expenditures Administrative Expense: Employee salary and fringe Other Professional Services Audits and studies Other Contracted Services Advertising and notices Water -Sewer Fund Reimbursement of FY 13 -FY 15 Funding General Fund Administrative Fee Information Technology Internal Services Fund Risk Management Internal Services Fund Town Center Occupancy Charge Publications/Subscriptions/Memberships Sub -Total - Admin Expense State Administrative County Administrative Charge at 1.5% Sub -Total - Admin Expense, State & County Fees Operating Expenditures: Facade Improvements Downtown Master Plan Historic City Hall Restoration (Partial Contribution) CRA Plan Update Streetscape Parks Amenities Subtotal - Operating Expense Total Expense Before Trust Account Reserve - "Trust" Account Total Expenditure Fund Balance (Unreconciled) Open Change (Revenue + Carryover Utilized - Total Expenditure) Less Prior Year Carryover Utilized Plus "Trust" Account Close Projects: Facade Improvements Downtown Master Plan Historic City Hall Restoration (Partial Contribution) CRA Plan Update Streetscape Parks Amenities Total project dollars here: Exhibit A FY 20 Adopted Budget FY 20 Forecast As Of 10/16/20 FY 21 Adopted Budget 354,000 501,826 712,555 177,000 232,466 334,355 531,000 734,292 1,046,910 745,208 745,033 760,220 1,276,208 1,479,325 1,807,130 25,998 29,240 29,772 5,000 - 24,000 5,000 2,500 5,000 30,000 24,000 - - 344,971 - - 5,023 5,782 1,260 1,804 1,790 3,089 4,744 5,659 - 3,612 4,150 2,500 1,500 - 72,847 417,394 76,153 - 508 150 5,100 6,203 5,015 77,947 424,105 81,318 120,000 120,000 200,000 130,000 175,000 - 175,000 - - - - 195,000 - - 250,000 50,000 425,000 295,000 695,000 502,947 719,105 776,318 309,400 - 270,593 812,347 719,105 1,046,911 745,208 745,033 760,220 - 15,187 - (281,347) - (1) 309,400 - 270,593 773,261 760,220 1,030,812 FY 20 Proposed Budget FY 20 Estimate FY 21 Proposed Budget 120,000 120,000 200,000 130,000 175,000 - 175,000 - - - 195,000 - - 250,000 - 50,000 425,000 295,000 695,000 C ',Userslggay'AppData\Local\MicrosofllWndowslINelCache/Conlent.Oullook\IAO72FMK\FY 21 CRA Budget - County Format - As of 16 Oct 20 10/29/2020 - 2.42 PM RESOLUTION NO. 2020-06 A RESOLUTION OF THE CITY OF OPA-LOCKA COMMUNITY REDEVELOPMENT AGENCY (OCRA), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE OPA-LOCKA COMMUNITY REDEVELOPMENT AGENCY'S PROPOSED GENERAL OPERATING AND TAX INCREMENT FUND BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2020 AND ENDING SEPTEMBER 30, 2021 AS SET FORTH IN EXHIBIT "A"; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF SAID BUDGET TO THE CITY OF OPA-LOCKA AND MIAMI-DADE; PROVIDING FOR INCORPORATION OF RECITALS; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A CONFLICT AND REPEALER CLAUSE; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Opa-locka Community Redevelopment Agency is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the Opa-locka Redevelopment Plan ("Plan"); and WHEREAS, as a prerequisite to carrying out redevelopment activities for the fiscal year commencing October 1, 2020 and ending September 30, 2021 ("FY 2020-2021"), it is required that the Opa-locka CRA's Board approve and adopt the annual General Operating and Tax Increment Fund Budget ("Budget"), attached and incorporated as Exhibit "A"' and WHEREAS, pursuant to Interlocal Agreements a copy of the Opa-locka CRA's budget is required to be transmitted to Miami -Dade County; and WHEREAS, all the expenses included in the Budget are in accordance with state law, the Interlocal Agreement, and the Agency's Redevelopment Plan; and WHEREAS, the Opa-locka CRA Board wish to approve and adopt the Opa-locka CRA's Budget for FY 2020-2021 as set forth in Exhibit "A"; NOW THEREFORE, BE IT RESOLVED BY THE CITY OF OPA-LOCKA CRA BOARD: SECTION 1. Recitals. The above recitals are true and correct and are incorporated into this Resolution by reference. SECTION 2. Approval The Opa-locka CRA Board of the City of Opa-locka hereby approves and adopts the General Operating and Tax Increment Fund Budget, for the fiscal year commencing October 1, 2020 and ending September 30 2021, as set forth in Exhibit „A., SECTION 3. Instructions to Executive Director. The Executive Director is directed to transmit a copy of said budget to the City of Opa-locka and Miami -Dade County. SECTION 4. Severability. If any section, subsection, clause or provision of this Resolution is declared invalid or unconstitutional by a court of competent jurisdiction, the remainder shall not be affected by such invalidity. SECTION 5. Conflict. All sections or parts of sections of the applicable City of Opa-locka resolution currently in place in conflict herewith are intended to be rescinded and repealed to the extent of such conflict. SECTION 6. Scrivener's Errors. Sections of this Resolution may be renumbered or re -lettered and corrections of typographical errors which do not affect the intent may be authorized by the OCRA Director, or the OCRA Director's designee, without need of public hearing, by filing a corrected or recodified copy of same with the OCRA Clerk. SECTION 7. Effective Date. This Resolution shall, upon adoption, become effective as specified by the City of Opa-locka Code of Ordinances and the City of Opa-locka Charter. This Resolution is subject to review by the appropriate State Oversight Board. PASSED AND ADOPTED this 9th day of September, 2020. ATTEST: Ki • shannta all, OCRA Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY: Burnadette Norris -Weeks, P.A. City Attorney OCRA Chair Moved by: 4'(%/Z7f/ l./�u�!/� / Seconded by: 4Q /%i %/4,/&v VOTE: Board Member Bass (Yes) / (No) Board Member Burke (Yes) V (No) Board Member Kelley (Yes) ✓ (No) Board Member Davis (Yes) V (No) Board Member Pigatt (Yes) 14 (No) Board Member Tydus (Yes) V/ (No) Chairperson Russell (Yes) I/ (No) The Opa-locka Community Redevelopment Agency CRA Clerk's Summary Minutes Virtual CRA Meeting Wednesday, September 9, 2020 5:00 P.M. • CALL TO ORDER: Chairwoman Jannie Russell called the Virtual Community Redevelopment Agency Meeting to order at 5:07 p.m. on Wednesday, September 9, 2020. Pursuant to Executive Order No. 20-69, issued by the office of the Governor Ron DeSantis On March 20, 2020, municipalities may conduct meetings of their governing boards without having a quorum of its members present physically or at any specific location, and utilizing communications media technology such as telephonic or video conferencing, as provided by Section 120.54(5)(b)2, Florida Statutes. An opportunity was given to the public to email the CRA Clerk prior to the CRA Meeting with any questions/comments/concerns on items we will hear on this evening's CRA agenda. This meeting is being streamed live at https://www.voutubc.comluser:Citvof0palocka. Since this is a virtual meeting as authorized by the Governor of the state of Florida, again, Members of the public wishing to address the CRA have been offered the opportunity to do so. Public comments will be included as part of the public record for this virtual meeting and will be considered by the CRA prior to any action taken. • ROLL CALL: The following members of the Opa-locka Community Redevelopment Agency were present: Chairwoman Jannie Russell, Vice Chairman Joseph L. Kelley, Board Member Sherelean Bass, Board Member Alvin Burke, Board Member Chris Davis, Board Member Matthew Pigatt and Board Member Rose Tydus. Also present were Board Attorney Candice Cobb, CRA Manager, Gregory Gay and CRA Board Clerk Kinshannta Hall. • INVOCATION: The invocation was delivered by Vice Chairman Joseph Kelley. • PLEDGE OF ALLEGIANCE: The Pledge of Allegiance was recited in unison. Chairwoman Russell: Are there comments or concerns from the Public? Are there any add- ons for this meeting? 1 CRA Clerk Hall: I haven't received any comments, phone calls, or emails from the Public and there are no add-ons either. Vice Chairman Kelley moved to approve July 22, 2020 CRA reading minutes. Board Member Bass second. The reading minutes from July 22, 2020 CRA meeting were approved. There being no discussion, the motion passed by a 7-0 vote. Sherelean Bass Yes Alvin Burke Yes Chris Davis Yes Matthew Pigatt Yes Joseph L. Kelley Yes Jannie Russell Yes Rose Tydus Yes Chairwoman Russell: Public comments is now open. Chairwoman Russell: Public comments is now closed. H. RESOLUTIONS Hl. A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OPA- LOCKA COMMUNITY REDEVELOPMENT AGENCY, WITH ATTACHMENTS APPROVING AND ADOPTING THE OPA-LOCKA COMMUNITY REDEVELOPMENT AGENCY'S PROPOSED GENERAL OPERATING AND TAX INCREMENT FUND BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2020 AND ENDING SEPTEMBER 30, 2021 AS SET FORTH IN EXHIBIT "A" DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF SAID BUDGET TO THE CITY OF OPA-LOCKA AND ML4MI- DADE; PROVIDING FOR INCORPORATION OF RECITALS; PROVIDINGA SEVERABILITY CLAUSE; PROVIDING CONFLICT AND REPEALER CLAUSE; PROVIDING FOR AN EFFECTIVE DATE. Vice Chair Kelley: Is that based on a continuation of a time frame? Mr. Gay: That was determined on what we averaged over the last couple years. We have done our audits with the City. It's just a budgeted amount. 21 Page Vice Chair Kelley: on page 21 for two audits for $2500 each. Basically at this point we are just putting it out there that's what you are saying? Mr. Gay: That's correct. Vice Chair Kelley: Could you clarify the park amenities. Mr. Gay: I had my staff to go out to seek some pricing. We have some figures from different companies. If the board wishes to fund the top lock. There are three within the CRA. This is also listed within the CRA masterplan. Board Member Bass: Did he say three tot lots? Mr. Gay: Yes there are three. Board Member Pigatt: We have raised money in the past for tot lots. This is needed and we need to do the basic infrastructure. I hope we invest the funds in the surrounding infrastructure. There are a lot of people that want to invest with us. We just have to do our part. If we are going to allocate funds it should be towards the infrastructure of the parks. Board Member Burke: I concur with Board Member Pigatt. We need to take care of our kids and if the money is available I think we should invest the funds towards the covering of the tot lots is a good idea because it gets really hot in South Florida. Board Member Bass: The Park behind the fish market is filthy. Is there any way that park can be included into the beautification to bring it more vibrant? Chairwoman Russell: That is a garden. It was named after Ms. Coachman. Does the City maintain that area? Vice Chair Kelley: That's a garden and the City does cut it but it is not one of those areas where we put a lot of investments into. I don't know if that fits in the CRA area. Mr. Gay: It's not within the CRA boundaries. Board Member Davis: In the past just doing something on a basis we look at beautification more often. We want our parks to look more presentable. The parks serve as the face for our City. Board Member Bass brought up an excellent point with Beautification. Board Member Pigatt: If the CRA can assist I would love that to ensure that the areas are maintained. We need to address this and it needs to be done. Board Member Bass: I'm in the process of organizing a cleanup date in that area. Further information will be coming forth. Chairwoman Russell: Mr. Gay can you please have staff to take notes on everyone suggestion. I also have a question in the audits you have two figures. Is that for two separate audits or that is for two years? Mr. Gay: Our budget is being presented for each annual year. We are looking to have an external auditing source. This has not been determined as of yet. Mr. Anathan has been assisting and we wilt have him be a part of that presentation. 31 Page Board Member Tydus: In reference to the parks and maintenance. It's really an administrative responsibility. We want to make sure that the Public Works have enough staff to keep up the maintenance that is necessary. Chairwoman Russell: Is the Butterfly garden within the CRA boundaries? Mr. Gay: The Butterfly garden is within the CRA boundaries. Vice Chairman Kelley moved to approve the item for discussion and Board Member Chris Davis second. There being no discussion, the motion passed by a 7-0 vote. Sherelean Bass Yes Alvin Burke Yes Chris Davis Yes Matthew Pigatt Yes Joseph L. Kelley Yes Jannie Russell Yes Rose Tydus Yes 112. A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OPA- LOCKA REDEVELOPMENT AGENCY, WITH ATTACHMENTS APPROVING THE TRANSFER OF $345,000.00 FROM THE COMMUNITY REDEVELOPMENT AGENCY'S GENERAL OPERATING AND TAX INCREMENT FUND BUDGET TO THE CITY OF OPA- LOCKA'S WATER SEWER FUND AS A REIMBURSEMENT OF FUNDS THE OPA-LOCKA COMMUNITY REDEVELOPMENT AGENCY RECEIVED BETWEEN FY 13-15 FOR THE OPERATION OF THE OPA- LOCKA COMMUNITY REDEVELOPMENT AGENCY, AND DIRECTING THE EXECUTIVE DIRECTOR TO EXECUTE THE TRANSFER; PROVIDING FOR INCORPORATION OF RECITALS; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A CONFLICT AND REPEALER CLAUSE; PROVIDING FOR AN EFFECTIVE DATE. Vice Chair Kelley: When this transfer is made the CRA won't owe the City any more money? Mr. Gay: That's correct. The CRA won't owe the City any more money. 4I Page Board Member Bass: Will the City owe the CRA any money? Chairwoman Russell: When the finance department go through the budget that is going to be a part of their presentation. A portion of the city budget every year through the tax base goes to the CRA yearly. I think we need to get to the budget and that will answer any questions we may have. Mr. Gay: We've been working through this process for about 6-7 months. In your packages there is a report provided by the finance department in relationship to where the dollars are programmed. Our finance director Ms. Gerri Lazarre stated that there is $566,000.00 which is TIFF dollars. There have been transfers within the last two -three years. This is just the CRA first move to reimburse the City. The City of Opa-locka will be making a transfer to the CRA and this will be separate and apart. In this upcoming budget year. The City is to pay $712,000.00 in TIFF dollars to the CRA. The County will be paying $335,000.00. We will be working through this the next few months. Chairwoman Russell: Once the finance department do their presentation this will answer a lot of our questions. Board Member Davis: When can we expect that presentation? Chairwoman Russell: It was supposed to be a part of this meeting. I think it was an error. We really need a finance director to go through it. Board Member Davis: I rather have a presentation before voting on this item but this is my opinion but I' 11 let my colleagues make a suggestion. Vice Chair Kelley: I concur. I would rather here the presentation before the vote. Mr. Gay: We do have Mr. Anathan and Ms. Lazarre on the line if you all need more clarification. Ms. Lazarre: We looked at the activities of the CRA from 2012 to 2018. We went back and looked at all of the revenue that was generated. We came up with a total and looked at all of the expenses. There were some transfer from the general side and there were some transfer from the sewer side. We back out the total expenses. There were some discussions with the CRA Director as well as looking at the prior budget. There is enough money as well to pay back the water and sewer. This concludes my presentation. Board Member Davis: on the CRA side we have enough funds in our reserve to manage any debt? Ms. Lazarre: Yes we do. There are enough TIFF funds. 51 Page Board Member Burke move to approve for discussion and Board Member Pigatt second. There being no discussion, the motion passed by a 7-0 vote. Sherelean Bass Yes Alvin Burke Yes Chris Davis Yes Matthew Pigatt Yes Joseph L. Kelley Yes Jannie Russell Yes Rose Tydus Yes I. DISCUSSIONS/PRESENTATIONS *The Facade Improvement Program is currently one of the newest ongoing project within the CRA. The facade Improvement Program is to assist all businesses that are within the CRA boundaries. Once the language for the application is cleaned. All information will be available on the City website and the City social media pages. The deadline to submit is September 30, 2020. An update will be provided at the next CRA meeting. Stantec is the company that is over the Downtown Master Plan. This is also a newly project that is going on within the city. An update will be provided at the next meeting. Mr. Gay sums up the status of the facade improvement program and the downtown masterplan with Stantec. The goal is to have all information updated and an update will be provided at the next CRA meeting. 61P ge ADJOURNMENT: There being no further business to come before the Board, it was moved by Vice Chairman Kelley and second by Board Member Chris Davis to adjourn the meeting. The meeting was adjourned. , ATTEST: Kinsh. to Hall Board Clerk Jannie Russell Chairperson 7