Coversheet


	5919 MAIN STREET . NEW PORT RICHEY, FL 34652 . 727.853.1016

TO:	Members of the Community Redevelopment Agency
FROM:	Crystal S. Feast, Finance Director
DATE:	3/15/2022
RE:	Approval of FY2021 Annual Report - Page 96

REQUEST:
The CRA Board is asked to review and approve the annual report, as required by Florida Statute 163.356 (3)(c) and 163.371.

DISCUSSION:

Florida Statute 163.371 requires that a Community Redevelopment Agency (CRA) shall file an annual report with the county that created the agency and publish the report on the agency's website. The report must include certain financial information and performance data for each plan authorized, administered, or overseen by the CRA.

The accompanying report highlights CRA activity for the fiscal year ending September 30, 2021. Listed in the report is a brief narrative of projects and initiatives that the CRA was involved in, including:

Ongoing progress at Stonehaven at Main Street
Ongoing progress at the Hacienda Hotel
Parking Garage
Keiser University
Downtown Trolley Service
Business and Developer Incentive Grants

Once approved, notification of the submission and accessibility of the report will be advertised in the local newspaper. The report will be made available in the City Clerk's Office and the City's website.

RECOMMENDATION:
The recommendation is that the CRA Board reviews and approves the annual report, as required by Florida Statute 163.356 (3)(c) and 163.371.

BUDGET / FISCAL IMPACT:
No budget or fiscal impact.

ATTACHMENTS:
	Description	Type
	FY2020-2021 Annual Report	Exhibit