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Community Redevelopment Agency October 8, 2010 Page 4 Redevelopment District's color requirements. Ms. Smith said if the Community Redevelopment Agency approves the request for the use of colors outside of the approved palette for the property located at 1560 East Altamonte Drive, the approval would be based upon the conclusions of the Community Redevelopment Agency and the findings of fact and conclusions of the staff report dated October 1, 2010 and the conditions outlined in the staff report. Ms. Smith requested the Board amend condition no. 3 to delete the word "window" and replace it with the word "facade". The following is the amended conditions of approval: 1. The applicant must obtain a building permit for all signage within 30 days, or the CRA approval is null and void. 2. The copy area for the property shall conform to the requirements of the Unified Land Development Regulations or the CRA approval is null and void. 3. The approval shall be limited to awning and window facade signage currently on the property including the north and west elevations as shown in Exhibit C. 4. Any new copy area that does not conform to the CRD color requirements will require additional CRA review. 5. All of the above conditions shall be fully and faithfully executed or the approval shall become null and void. A general discussion ensued regarding awnings, signage and color requirements within the Community Redevelopment District, Mr. Ritchie made a motion to approve the awning colors as they exist with an exemption to the color palette for the Community Redevelopment District including the amended staff recommendations. Mr. Daigle seconded the motion. The motion passed unanimously by voice vote. Seventh Item of Business: Review of City Center Plans ~ ®evelopment History Mr. Martin said the Board requested Staff to provide the history and the financial investment in the City's properties. He said unfortunately due to the work load in the Finance Department that information would be provided at another meeting. Mr. Martin presented a PowerPoint Presentation to the Board regarding the history of the City Center Property (a copy is attached and made a part of the minutes). In response to the Board question regarding the status on the development of the City Center property, Mr. Martin stated that the attorneys for both sides are working on the contract for the property. A general discussion ensued regarding the development of the City Center property and the possibility of subdividing the parcel, Eighth Item of Business: ®ther Business There was no other business before the Board to discuss.