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Community Redevelopment Agency December 10, 2010 Page 4 The status on the Target outparcels was discussed. Mr. McGregor made a motion that the City offer Mr. Rubin $100,000 cash for his parcel subject to an appraisal and no closing date deadline. Mr. Daigle seconded the motion. The motion passed unanimously by voice vote. In response to the Board's question, Ms. Lynch stated she would email Mr. Rubin regarding the CRA's offer. She said the City originally had a contract drafted for this property. Mr. Martin explained that there are no funds allocated for property acquisition in the CRA budget and it would require the City Commission approve a budget amendment. Mr. Martin said he understands the intended direction of the Board and staff would determine the proper procedures and execute accordingly. Mr. Newlon explained the budget amendment process required to allocate funds for property acquisition. The Board stated that the offer is for $100,000 including customary closing costs. Mr. Ritchie amended the motion to include requesting the City Commission provide a budget amendment for $100,000 and to also include customary closing costs. Mr. McGregor seconded the motion. The motion passed unanimously by voice vote. Mr, Martin stated that the NAPA parcel is in receivership. Mr. Jones suggested that Ms. Lynch relay to Mr. Rubin that the property values along US Highway 17-92 are not worth what they were in 2005. Mr. Martin stated that staff would continue to monitor the Grassy Lake project and provide updates to the Board. A general discussion ensued regarding Florida Department of Transportation (FOOT) demolition of buildings for the flyover project. Ms. Lipscomb said that FOOT has received additional money for property acquisition for the US Highway 17-92/State Road 436 intersection improvements. Fifth Item of Business: ®ther Business In response to the Board's question, Mr. Newlon stated that a financial report would be provided at the next meeting. A brief discussion ensued regarding the changes made to the awning for the barber shop located at the intersection of US Highway 17-92 and State Road 436. Mr. Martin stated that the CRA approval information was communicated to the owner and he would research this and email the information to the Board members. Sixth Item of business: Public Comments Ms. Charlene Glancy, 210 NE Triplet Drive, Casselberry, Florida came forward. Ms. Glancy stated that she is the Mayor; however she is speaking to the Board as an individual and not on behalf of the City Commission. Ms,