CC Minutes 06/26/2006 - Laserfiche WebLink

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City Commission Meeting June 26, 2006 Page 5 MOTION: Moved by Commissioner Colleen S. Hufford to approve the Employment Agreement witb Engene Miller for Interim City Manager as revised in Section 8. Motion was seconded by Commissioner Susan Doerner and carried on a 3 _ 1 vote. Commissioner Kathy L. Cook dissenting. 1 I. New Business A. Special Invoice and Minor Contract Report Pursuant to Resolution 05- I 557, invoice information regarding attorney fees, initial contracts for projects, award of bids and change orders on a project in excess of five (5%) percent are to be presented to the Commission prior to payment. The following invoices and/or contracts are presented for Commission consideration: Professional Services - Brown, Garganese, Weiss & D' Agresta, P.A. Legal Services Adult Entertainment Ordinance May 2006 $ 151.25 MOTION: Moved by Commissioner Colleen S. Hufford to approve the Special Invoice/Minor Contract Report as presented. Motion was seconded by Commissioner Susan Doerner and carried on a 4 - 0 vote. B. Community Redevelopment Agency Update and Seminole County Clerk of the Court Audit Report Presentation: Mr. Thomas R. Kohler, Senior Vice President Real Estate Research Consultants, Inc (RERC), contracted to assist the City in its preliminary findings regarding CRA funding, presented the following: The original Seminole County resolution adopted in 1995 approving the delegation of powers and creation of the Casselberry CRA stipulated that no County funds would be contributed to the Trust Fund. Though there may be some differences in the interpretation of the intent of the delegation of powers as described in Chapter 163.410, Florida Statutes, it appears the intent between the City and the County was evident. There were no contributions from the County for the first two years of the CRA's existence. The City of Casselberry, by ordinance, established that it would pay 70% of the amount formula required as its share into the Trust Fund. It is our determination that under the legislation, the City had to pay the full 95% portion as defined by the formula since the CRA's inception and could not pay less. The City actually overfunded the CRA the first two years and underfunded it subsequent. . The subsequent Seminole County resolution of 1998 and corresponding City ordinance increased the percentage contribution to the DRA Trust Fund to 95% and beginning in 1999, both the City and the County should have contributed their full 95% tax increment share into the Trust Fund. It appears the County complied and the City did not fully contribute its appropriate share every year. In 1998 and 1999, the County also underfunded the CRA Trust Fund by a percentage because they used the 70% ratio, instead ofthe 95%.