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City News: December 18, 2012, COMMISSION MEETING
December 20th, 2012

City News: City Meeting Agenda 12-18-12
December 15th, 2012

City News: City Commission Meeting 12-04-12
December 11th, 2012

City News: FLORIDA DEPT OF TRANSPORTATION SUPPORTS CEDAR KEY PROJECTS
December 1st, 2012

City News: CITY COMMISSION VOTES TO ADOPT FEMA ORDINANCE
November 26th, 2012

City News: CEDAR KEY CITY COMMISSION AND COMMUNITY REDEVELOPMENT AGENCY MEET - NOVEMBER 7
November 9th, 2012

City News: CEDAR KEY COMMISSIONER AND LOCALS WOW STATE VISITORS
October 30th, 2012

City News: City Commission Honors Local Teen
October 28th, 2012

City News: Commission Meeting Fast Facts
October 27th, 2012

City News: Water Board Meeting Briefs
October 12th, 2012

City News: 10-2-12 CRA and City Meetings Agenda
October 1st, 2012

City News: New City Commisioner Selected
September 28th, 2012

City News: CKWSD Field Trip
August 31st, 2012

City News: Water Board DEP considers DEP Consent Order
August 30th, 2012

City News: CEDAR KEY BAR OWNERS, WORKERS DEFEND 2 AM CLOSING TIME
August 29th, 2012

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CRA Update December 6

CRA Update December 6

By Jean Rigg

The Cedar Key City Commissioners, convening at City Hall December 7 as the Community Redevelopment Agency (CRA), heard updates from CRA Director Gregory Lang and voted unanimously on the evening`s only two action items.

The CRA`s first action item was passage of a resolution adopting the CRA budget for FY 2010/2011. The CRA budget had been debated and approved some weeks earlier. Tuesday night`s resolution passed by roll call vote, 5 - 0.

Commissioner Heath Davis recused himself from the next discussion and vote, formal consideration of a request from Sun Trust Bank, the issuer of the city`s CRA bond, that the city move its bond balances to Sun Trust Bank. At present, the city`s CRA funds are deposited with Drummond Community Bank and Perkins State Bank. Commissioner Davis is an officer of Drummond Bank.

Director Lang emphasized that he didn`t understand the Sun Trust Bank request to convey any lack of faith the city`s management of CRA funds; in fact, Lang recently hosted a Sun Trust representative`s visit to Cedar Key and upbeat tour of CRA projects.

Nonetheless, the four remaining commissioners were quick to approve a motion that the city`s CRA funds remain on deposit with the Drummond and Perkins banks.

Earlier in the meeting, Director Lang reported on the status of on-going CRA projects (streets and utilities work currently taking place on Second Street, and energy efficiency improvements to city property currently out for bid under an Energy Efficiency Conservation Block Grant).

Lang reported as well on the virtual completion of the city`s new Welcome Center (former Creswell House) and of the Anchor Hole Boat Ramp and noted that a final site plan for the Outside Boat Ramp Project would be presented to the Commissioners for review in January.

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