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, 2022. 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
Comfort Inn & Suites
US Hwy 19 Development
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.