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Community Redevelopment Agency February 7, 2013 Page 6 of 8 and because of that there are two developers talking to the City today. He said the developers are excited about those improvements. He said this is another gateway coming off State Road 436 and Oxford Road, Mr. Gisclar said it was an appropriate use of the CRA funds. Dr. Brock said having the design for the Oxford Road Project would make it a shovel ready project that would be eligible for grants such as the MetroPlan Orlando Bicycle Pedestrian Advisory Committee priority list. He said it is something that could be constructed because the design of the project has been completed. Mr. Jones suggested that the CRA Board hold a strategy session before the Board makes a decision on this project so they are fully informed. A general discussion ensued regarding the CRA funding a portion of the design work for the Oxford Road Project. The Board requested that staff come back to the CRA when the final design costs are available for them to make a decision. Eighth Item of Business: Director's Report Economic Development Advisory Board Ms. Pamela Lynch, Economic Development Coordinator, explained in the summer of 2012 staff requested the creation of an Economic Development Advisory Board from the City Commission. The City Commission approved the creation of the Board and in December formally appointed members to the Board. She said the first meeting was held January 22, 2013. Ms. Lynch explained that the meetings were originally scheduled to be held quarterly; however, the Board was so engaged that they requested monthly meetings. She said the Board consists of 5 -11 members. She said the Board is very pro- active. She said the purpose is to energize and strengthen the local economic conditions. A brief discussion ensued regarding the status of the development of the Bojangles Restaurant, Chick -fil -A and the Wal -Mart project. Ms. Smith stated that staff is focusing on the Oxford Road corridor area because this is an area that is starting to redevelop. Ms. Smith explained that Seminole County is conducting a study of Oxford Road primarily on the south side of SR 436 that is County but also including a portion on the north that is within Casselberry. She said staff has provided the County with the City's vision. In response to the Board's question regarding piggybacking on the Seminole County study, Ms. Smith said the City and Seminole County are using the same consultant to ensure the improvements are interrelated and work well together. A general discussion ensued