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City News: CRA Meeting Agenda 12-20-11
December 17th, 2011

City News: CRA Meeting Cancelled
November 30th, 2011

City News: CITY MEETING “IF IT’S NOT IN THE BUDGET, IT’S NOT IN THE BUDGET”
November 16th, 2011

City News: 11-1-11 City Commission Meeting
November 3rd, 2011

City News: CITY OKAYS DRONE PROJECT; COASTAL CLEANUP REVEALS FEWER RECYCLABLES OVERBOARD
October 20th, 2011

City News: Cedar Key City Meeting Agenda
October 18th, 2011

City News: BRIEF CRA MEETING ADOPTS BUDGET, EMPLOYEE MANUAL
October 6th, 2011

City News: COMMISSIONERS ADOPT 2011-2012 BUDGET OVER MAYOR DAVIS’S “NO” VOTE
September 28th, 2011

City News: CEDAR KEY CONFORMS LOCAL LAW TO FLORIDA’S HB 45 PRO-GUN LEGISLATION;
September 22nd, 2011

City News: CITY’S FORMAL BUDGET HEARING PROCESS BEGINS THURSDAY EVENING, SEPTEMBER 15
September 14th, 2011

City News: WALT BROWN OUT AS BUILDING INSPECTOR; OTHER CITY BUSINESS SEPTEMBER 6 - REVISED
September 13th, 2011

City News: A MARINA WISH LIST FOR CEDAR KEY
August 31st, 2011

City News: BROKEN SEWER PIPES, NEW INSURANCE RATES - BUMP BUDGET WORKSHOP
August 31st, 2011

City News: City Commission Report 8-16-2011
August 17th, 2011

City News: City Meeting Agenda 8-8-2011
August 6th, 2011

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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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