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CASSELBERRY CITY COMMISSION Minutes of January 26, 2015 — Regular Meeting Page 14 of 20 Notice of Public Hearing: The Notice of Public Hearing for Resolution 15 -2692 was published in the Orlando Sentinel on Thursday, January 15, 2015, Staff Presentation: Community Development Director Sandra Smith stated that the Commission had earlier in the meeting under the Consent Agenda approved a request for extension of the CRA (Community Redevelopment Agency) for a period of two years, from 2015 -2017. She added that there were two additional items to be considered which also related to the CRA, Resolutions 15 -2692 and 15 -2693. She then gave an overview of Resolution 15 -2692, first giving a brief history of the City's CRA, and then explaining that the CRA was scheduled to sunset on September 30, 2015 and the CRA did not currently have a quorum due to resignations from the board. She farther explained that these were the reasons for the two resolutions being presented, one to request an extension of the CRA, and one to request appointment of the City Commission to serve as the CRA. In relation to the request to extend the CRA, Ms. Smith explained that staff had to update the City's CRA Vision, basically re- prioritizing the projects the Commission had approved earlier to meet with the 2- year rather than a 10 -year extension. She added that the original projected list of projects to 2025 had cooted out at approximately $5.8 million, and the new list of projects for the 2 -year extension to 2017 was projected to cost approximately $2.3 million. She noted that these projects included the CRA's earlier commitment to the Concord Park development, as well as potential incentives to develop the vacated Walmart site by the Casselberry Exchange, analysis to facilitate creation of a master stormwater plan along the corridor, improvements to Oxford Road, and a marketing and branding program. Discussion: A brief discussion ensued about the County's reasoning in considering only a two -year extension rather than ten years and whether the designated projects had to be completed by the end of the extension or just identified. Mr. Newlon advised that the County was only willing to extend for two years at this time, but an additional eight years was possible after that. He added that the reasoning most likely was to have the City's CRA sunset coincide with the U.S. Highway 17 -92 Corridor CRA sunset. He and Ms. Smith also clarified that as long as the projects were identified during the extension period, they could be completed after the sunset date using the remaining accumulated funds. Budget Impact: There is no impact to the current City Budget. Recommendation: The City Manager and the Community Development Director recommended approval of Resolution 15 -2692. Public Hearing: Mayor Glancy opened the public hearing relative to Resolution 15 -2692. The following individuals came forward: 1. Mr, James Fraleigh, 23 Teresa Court, spoke in opposition to Resolution 15 -2692, stating he felt it would be better to disband the CRA as it did not benefit the community and was a waste of the taxpayers' money. 2. Mr. John Casselberry, 700 South Lost Lake Lane, stated that he did not object to the extension of the CRA or the Commission serving as the CRA; however, he would recommend that the City have an exit strategy for the sunset of the CRA to avoid being subject to the possibility of a County- controlled redevelopment agency in which the City would not have a voice. No one else came forward. Mayor Glancy closed the public hearing relative to Resolution 15 -2692.