| | | | | | | |  |  | 5919 MAIN STREET . NEW PORT RICHEY, FL 34652 . 727.853.1016 |
| TO: | Members of the Community Redevelopment Agency | | FROM: | Debbie L. Manns, Executive Director | | DATE: | 8/15/2017 | | RE: | Memorandum of Understanding with New Port Richey Main Street, Inc. - Page 5 |
REQUEST:
The request is for the Board of Directors to authorize the Executive Director to enter into an agreement with the New Port Richey Main Street, Inc. Board of Directors in respect to the administration of the National Main Street Program and to approve an appropriation in the amount of $15,000.00 to support program activities.
DISCUSSION:
Traditionally the city has provided financial support to the Main Street Program. In that regard, attached you will find a summary of the history of the city's support of the program. As you can see, the amount of the annual appropriation varies. The most significant contribution to the program was made in 2016 at which time the city assigned a full-time staff person to administer the program.
For various reasons it has been determined that an annual appropriation is a better method by which to demonstrate the city's support of the program. In that respect and in consideration of the challenges of the upcoming budget I am recommending that an appropriation in the amount of $15,000 be designated to support the program. I am additionally recommending that specific performance objectives be put in place as it relates to the administration of the program. The performance objectives will be relied upon as a mechanism to gauge and determine the amount of city support of the program for future fiscal years. The performance objectives are included in the attached program agreement.
RECOMMENDATION:
Staff recommends that the Board of Directors authorize the Executive Director to enter into an agreement with the New Port Richey Main Street, Inc. Board of Directors for an amount not to exceed $15,000.00 covering the FY 2017-2018 in relationship to the administration of the National Main Street Program.
BUDGET / FISCAL IMPACT:
Funding for this item is available in the CRA budget account number 630-0080-515-34-61. | | | |
|