CRA MEETS
October 6, 2015
MEETING SPECIFICS
The Cedar Key Community Redevelopment Agency met on Tuesday evening, October 6, 2015, at City Hall beginning at 6 pm. Present were: Chair Royce Nelson, Vice-Chair Sue Colson and members Dale Register and Diana Topping. Absent was Heath Davis.
Staff in attendance included: Police Chief Virgil Sandlin, Fire Chief Robert Robinson, Public Works Director Bill Crandley, City Clerk Nicole Gill, and City Clerk Assistant Michael Hancock.
In the audience were: Linda Dale, Maurice Hendrix, Chris Topping, Bob and Jeri Treat, Chris Camargo, Tommy Pavao, Mandy and Frank Offerle.
MINUTES APPROVED
Minutes from the September 1, 2015, meeting were approved.
STORM WATER MAINTENANCE
Public Works Director Bill Crandley reported on drainage improvements being made at 6th street & SR 24, Kona Joe’s parking lot. The Public Works Department has dug a settling pond to help keep street flooding from going into the gulf. With the pond only over flowing water will go into the gulf. There is still some work to be done to the height of the steel pan to allow traffic drive over it and possibly add some landscaping to the project.
Crandley reported that he has ordered a new whale tail to replace one that is in need of repair and that Yankeetown is in need of one and would like to have our old one to refurbish and use. Commissioner Nelson said he would be reluctant on that because we have five of them and some of them are in dire need also. Commissioner Colson advised that in the event one blows off it could be used in the interim instead of a straight pipe.
City Clerk Nicole Gill noted that the money for the whale tail has already been transferred to the general fund from the CRA Bond account, which now has a balance of zero, and she asked the commission for permission to close the Bond account. The consensus of the commission was to close the account. Nelson remarked that storm water is no longer on future CRA budgets.
SUN TRUST CORRESPONDENCE
Attorney Norm Fugate reported that he had recent correspondence from SunTrust Vice President Ken Schult. Schult’s September 28’s proposal that he must submit to his superiors, is to “stretch out the maturity by 5 year and amortize the remaining balance over 16 years after a P&I (principal and interest) payment is made in early 2016 with the TIF received by the CRA.”
Fugate advised establishing a special meeting on October 13, “if required to sign a document.”
Member Sue Colson reminded the group that they have no obligation to renegotiate or restructure the initial loan agreement nor sign anything new. Chair Royce Nelson agreed with Colson.
Colson further advised paying the bank next week with the $29,000 in TIF dollars that the CRA now has. Chair Nelson advised writing the check on the day following the meeting, October 7. Members unanimously agreed. No special meeting was scheduled.
BUDGET ADOPTED
Members unanimously adopted the 2015-2016 CRA Budget.
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