Edgewater CRA General Financial Information
The fiscal year period is October 1 through September 30
Edgewater CRA levies no taxes, fees, special assessments or charges
As per Volusia County Resolution 2014-159, no other taxing district than the county or city need contribute.
Volusia County shall contribute to the Edgewater CRA Trust Fund only from its general fund at a millage rate that does not exceed that of the city millage rate used to compute its contribution. Of the incremental revenue computed annually pursuant to section 163.387 Florida Statute, the county shall pay 95% up to $1 million; 75% between $1 million and $2 million; and 50% above $2 million. The County contribution will be used solely for the direct cost of publicly owned capital projects identified in the redevelopment plan.
Annual Financial Reports:
Click Here to the Florida Department of Financial Services - Local Government Financial Reporting webpage to view the Edgewater CRA Annual Financial Reports.
Final Complete Audit Report:
Click Here for the most recent completed fiscal year audit report.
Budget Information: Current 2022 - 2023 City of Edgewater Millage Rate is 6.33
RESOLUTION #2023-CRA-01
A RESOLUTION OF THE EDGEWATER, COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING A PRELIMINARY PROPOSED BUDGET FOR THE FISCAL YEAR 2023 – 2024; PROVIDING FOR SEVERABILITY, APPLICABILITY AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, The Edgewater Community Redevelopment Agency (Edgewater CRA) was created pursuant to Chapter 163, Part III, Florida Statutes (the “Community Redevelopment Act”) establishing the conditions and procedures for the establishment of community redevelopment areas and agencies; and,
WHEREAS, the Edgewater CRA is a dependent special district under Chapter 189, Florida Statues (2006), known as the Uniform Special District Accountability Act (the “Special District Act”); and,
WHEREAS, the Special District Act requires all special districts, including dependent special districts, such as the Edgewater CRA, to adopt a budget for each fiscal year by resolution;
NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows:
Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution pursuant to the Special District Act.
Section 2. Adoption of Budget. The governing body of the Edgewater CRA does hereby approve and adopt a Budget for the Edgewater CRA for Fiscal Year 2023 – 2024. A copy of the budget is attached hereto and incorporated herein as Exhibit “A”.
Section 3. Severability. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining potion hereto.
Section 4. Effective Date. This resolution shall take effect upon adoption.
After Motion to approve by ________________________________________ with Second by __________________________________, the vote on this resolution was as follows:
City of Edgewater Community Redevelopment Agency
Preliminary Proposed Budget Fiscal Year October 1, 2023 - September 30, 2024
Time: 2015 - 2035 Board: City Council
400 Acres Contact: Samantha Bergeron, Director Parks & Recreation
URL: www.EdgewaterCRA.org
Preliminary Current Year Taxable Value $ 112,550,417 as of June 23, 2023
Less Base Year Tax Value: $62,754,205
Equals Increment Value: $49,796,212 per thousand @6.33 mils @ 95%
Revenues:
Description Amount
City TIF (6.33 Mils @ 95%) $299,450
County TIF (County Roll-Back ) (3.3958 Mils @95% @95%) $152,611
Interest $4,400
Balance Brought Forward $974,874
Total Proposed Revenues $1,431,335
Expenses:
Description Amount
Affordable Housing $100,000
Capital Projects:
1. Entry Way Sign at 10th and US1 $130,000
2. Hawks Park Recreational Improvement Projects $300,000
Façade Grants (Small Scale $1,000 to $5,000) $100,000
Façade Grants (Medium Scale up to $25,000) $100,000
Other CRA Infrastructure Capital Projects $681,335
Wayfinding Signs $20,000
Total Proposed Expenses $1,431,335
As of September 14, 2023
RESOLUTION #2022-CRA-01
A RESOLUTION OF THE EDGEWATER, COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING A REVISED BUDGET FOR THE FISCAL YEAR 2021 – 2022; PROVIDING FOR SEVERABILITY, APPLICABILITY AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, The Edgewater Community Redevelopment Agency (Edgewater CRA) was created pursuant to Chapter 163, Part III, Florida Statutes (the “Community Redevelopment Act”) establishing the conditions and procedures for the establishment of community redevelopment areas and agencies; and,
WHEREAS, the Edgewater CRA is a dependent special district under Chapter 189, Florida Statues (2006), known as the Uniform Special District Accountability Act (the “Special District Act”); and,
WHEREAS, the Special District Act requires all special districts, including dependent special districts, such as the Edgewater CRA, to adopt a budget for each fiscal year by resolution;
NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows:
Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution pursuant to the Special District Act.
Section 2. Adoption of Budget. The governing body of the Edgewater CRA does hereby approve and adopt a Budget for the Edgewater CRA for Fiscal Year 2021 – 2022. A copy of the budget is attached hereto and incorporated herein as Exhibit “A”.
Section 3. Severability. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining potion hereto.
Section 4. Effective Date. This resolution shall take effect upon adoption.
After Motion to approve by ________________________________________ with Second by __________________________________, the vote on this resolution was as follows:
AYE
NAY
Mayor Mike Thomas
Councilwoman Christine Power
Councilwoman Gigi Bennington
Councilwoman Megan O’Keefe
Councilman Jonah Powers
PASSED AND DULY ADOPTED this _____ day of __________________, 2021.
CITY COUNCIL OF THE
CITY OF EDGEWATER, FLORIDA
Mike Thomas
Mayor
ATTEST:
Bonnie Brown, CMC
City Clerk
For the use and reliance only by the City of Edgewater, Florida Approved as to form and legality by:
Aaron R. Wolfe, Esquire
City Attorney
Doran, Sims, Wolfe & Yoon
Approved by the City Council of the City of Edgewater at a meeting held on this day of , 2022 under Agenda Item No _____
EXHIBIT “A”
City of Edgewater Community Redevelopment Agency
Proposed Budget Fiscal Year October 1, 2021 - September 30, 2022
Time: 2015 - 2035
Board: City Council
400 Acres
Contact: Samantha Bergeron, Director Parks & Recreation
URL: www.EdgewaterCRA.org
Prelinary Current Year Taxable Value $ 92,105,895 as of June 23, 2021
Less Base Year Tax Value: $ 62,754,205
Equals Increment Value: $29,351,690 per thousand
Revenues:
Description Amount
City TIF (6.7 Mils @ 95%) $187,878
County TIF (County Roll-Back ) (5.2025 Mils @95% @95%) $ 141,856
Interest $ 0
Balance Brought Forward $ 406,731
Total Proposed Revenues $ 736,465
Expenses:
Description Amount
Capital Projects:
1. East Indian River Blvd. Median Improvements and Beautification $ 40,000
2. Hawks Park Recreational Projects $ 476,465
Façade Grants (Small Scale $1,000 to $5,000) $ 100,000
Façade Grants (Medium Scale up to $25,000) $ 100,000
Wayfinding Signs $ 20,000
Total Proposed Expenses $ 736,465
RESOLUTION #2021-CRA-02
A RESOLUTION OF THE EDGEWATER, COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING A REVISED BUDGET FOR THE FISCAL YEAR 2020 – 2021; PROVIDING FOR SEVERABILITY, APPLICABILITY AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, The Edgewater Community Redevelopment Agency (Edgewater CRA) was created pursuant to Chapter 163, Part III, Florida Statutes (the “Community Redevelopment Act”) establishing the conditions and procedures for the establishment of community redevelopment areas and agencies; and,
WHEREAS, the Edgewater CRA is a dependent special district under Chapter 189, Florida Statues (2006), known as the Uniform Special District Accountability Act (the “Special District Act”); and,
WHEREAS, the Special District Act requires all special districts, including dependent special districts, such as the Edgewater CRA, to adopt a budget for each fiscal year by resolution;
NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows:
Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution pursuant to the Special District Act.
Section 2. Adoption of Budget. The governing body of the Edgewater CRA does hereby approve and adopt a Budget for the Edgewater CRA for Fiscal Year 2020 – 2021. A copy of the budget is attached hereto and incorporated herein as Exhibit “A”.
Section 3. Severability. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining potion hereto.
Section 4. Effective Date. This resolution shall take effect upon adoption.
After motion by Board Member ______________________ and second by Board Member ____________________________, the vote on this resolution was as follows:
AYE NAY
Chair Thomas ______
Board Member Power ______
Board Member Bennington ______
Board Member O’Keefe ______
Board Member Powers ______
PASSED, APPROVED AND ADOPTED this 11th day of January, 2021.
ATTEST: EDGEWATER COMMUNITY
REDEVELOPMENT AGENCY OF
THE CITY OF EDGEWATER, FLORIDA
____________________________ By: ____________________________
Bonnie Brown, CMC Mike Thomas
City Clerk Chair
City of Edgewater Community Redevelopment Agency
Revised Budget Fiscal Year October 1, 2020 - September 30, 2021
Time: 2015 - 2035 Board: City Council
400 Acres Contact: Samantha Bergeron, Director Parks & Recreation
intentionally left blank URL: www.EdgewaterCRA.org
Current Year Taxable Value $ 90,702,720 as of October 7, 2020
Less Base Year Tax Value: $ 62,754,205
Equals Increment Value: $27,948,515 per thousand
Revenues:
Description and Amount
City TIF (6.7 Mils @ 95%) $177,892
County TIF (County Roll-Back ) (5.4500 Mils @95% @95%) $137,468
Interest $0
Balance Brought Forward $455,889
Total Proposed Revenues $771,249
Expenses:
Description and Amount
Capital Projects:
1. East Indian River Blvd. Median Improvements and Beautification $20,000
2. Extend Water Line E. Indian River Blvd to Riverside Drive along US1 $626,249
Façade Grants (Small Scale $1,000 to $5,000) $50,000
Affordable Housing
New Smyrna Housing Development Corp for Quadplex located at 115 & 117 W. Turgot Ave. and 22 & 24 Marilyn Drive $75,000
Total Proposed Expenses $771,249
RESOLUTION #2022-CRA-02
A RESOLUTION OF THE EDGEWATER, COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING A REVISED BUDGET FOR THE FISCAL YEAR 2021 – 2022; PROVIDING FOR SEVERABILITY, APPLICABILITY AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, The Edgewater Community Redevelopment Agency (Edgewater CRA) was created pursuant to Chapter 163, Part III, Florida Statutes (the “Community Redevelopment Act”) establishing the conditions and procedures for the establishment of community redevelopment areas and agencies; and,
WHEREAS, the Edgewater CRA is a dependent special district under Chapter 189, Florida Statues (2006), known as the Uniform Special District Accountability Act (the “Special District Act”); and,
WHEREAS, the Special District Act requires all special districts, including dependent special districts, such as the Edgewater CRA, to adopt a budget for each fiscal year by resolution;
NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows:
Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution pursuant to the Special District Act.
Section 2. Adoption of Budget. The governing body of the Edgewater CRA does hereby approve and adopt a Budget for the Edgewater CRA for Fiscal Year 2021 – 2022. A copy of the budget is attached hereto and incorporated herein as Exhibit “A”.
Section 3. Severability. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining potion hereto.
Section 4. Effective Date. This resolution shall take effect upon adoption.
After Motion to approve by ________________________________________ with Second by __________________________________, the vote on this resolution was as follows:
AYE
NAY
Mayor Mike Thomas
Councilwoman Christine Power
Councilwoman Gigi Bennington
Councilman Jonah Powers
PASSED AND DULY ADOPTED this _____ day of __________________, 2022.
CITY COUNCIL OF THE
CITY OF EDGEWATER, FLORIDA
Mike Thomas
Mayor
ATTEST:
Bonnie Brown, CMC
City Clerk
For the use and reliance only by the City of Edgewater, Florida Approved as to form and legality by:
Aaron R. Wolfe, Esquire
City Attorney
Doran, Sims, Wolfe & Yoon
Approved by the City Council of the City of Edgewater at a meeting held on this day of , 2022 under Agenda Item No _____
EXHIBIT “A”
City of Edgewater Community Redevelopment Agency
Revised Budget Fiscal Year October 1, 2021 - September 30, 2022
Time: 2015 - 2035 Board: City Council
400 Acres Contact: Samantha Bergeron, Director Parks & Recreation
URL: www.EdgewaterCRA.org
Preliminary Current Year Taxable Value $ 92,105,895 as of June 23, 2021
Less Base Year Tax Value: $ 62,754,205
Equals Increment Value: $29,351,690 per thousand
Revenues:
Description Amount
City TIF (6.7 Mils @ 95%) $187,878
County TIF (County Roll-Back ) (5.2025 Mils @95% @95%) $141,856
Interest $0
Balance Brought Forward $406,731
Total Proposed Revenues $ 736,465
Expenses:
Description Amount
Capital Projects:
1. East Indian River Blvd. Access and Asphalt Overlay Project $84,000
2. Hawks Park Recreational Projects $432,465
Façade Grants (Small Scale $1,000 to $5,000) $100,000
Façade Grants (Medium Scale up to $25,000) $100,000
Wayfinding Signs $20,000
Total Proposed Expenses $736,465
Revised July 11, 2022
RESOLUTION #2021-CRA-01
A RESOLUTION OF THE EDGEWATER, COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING A REVISED BUDGET FOR THE FISCAL YEAR 2020 – 2021; PROVIDING FOR SEVERABILITY, APPLICABILITY AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, The Edgewater Community Redevelopment Agency (Edgewater CRA) was created pursuant to Chapter 163, Part III, Florida Statutes (the “Community Redevelopment Act”) establishing the conditions and procedures for the establishment of community redevelopment areas and agencies; and,
WHEREAS, the Edgewater CRA is a dependent special district under Chapter 189, Florida Statues (2006), known as the Uniform Special District Accountability Act (the “Special District Act”); and,
WHEREAS, the Special District Act requires all special districts, including dependent special districts, such as the Edgewater CRA, to adopt a budget for each fiscal year by resolution;
NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows:
Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution pursuant to the Special District Act.
Section 2. Adoption of Budget. The governing body of the Edgewater CRA does hereby approve and adopt a Budget for the Edgewater CRA for Fiscal Year 2020 – 2021. A copy of the budget is attached hereto and incorporated herein as Exhibit “A”.
Section 3. Severability. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining potion hereto.
Section 4. Effective Date. This resolution shall take effect upon adoption.
After motion by Board Member _Power__________________ and second by Board Member ___O'Keefe_________________________, the vote on this resolution was as follows:
AYE NAY
Chair Thomas __x___
Board Member Power _x____
Board Member Bennington ______
Board Member O’Keefe __x____
Board Member Powers __x___
PASSED, APPROVED AND ADOPTED this 11th day of January, 2021.
ATTEST: EDGEWATER COMMUNITY
REDEVELOPMENT AGENCY OF
THE CITY OF EDGEWATER, FLORIDA
____________________________ By: ____________________________
Bonnie Brown, CMC Mike Thomas
City Clerk Chair
|
For the use and reliance only by the Edgewater Community Redevelopment Agency, City of Edgewater, Florida. Approved as to form and legality by: Aaron R. Wolfe, Esquire, City Attorney, Doran, Sims, Wolfe & Yoon |
|
Approved by the Edgewater Community Redevelopment Agency at a meeting held on this 11th day of January, 2021 under Agenda Item No. #______.
City of Edgewater Community Redevelopment Agency
Proposed Revised Budget Fiscal Year October 1, 2020 - September 30, 2021
Time: 2015 - 2035 Board: City Council
400 Acres Contact: Samantha Bergeron, Director Parks & Recreation
URL: www.EdgewaterCRA.org
Current Year Taxable Value $90,702,720 as of October 7, 2020
Less Base Year Tax Value: $62,754,205
Equals Increment Value: $27,948,515 per thousand
Revenues:
City TIF (6.7 Mils @ 95%) $177,892
County TIF (County Roll-Back ) (5.4500 Mils @95% @95%) $137,468
Interest $ 0
Balance Brought Forward $455,889
Total Proposed Revenues $771,249
Expenses:
Capital Projects:
1. East Indian River Blvd. Median Improvements and Beautification $20,000
2. Extend Water Line E. Indian River Blvd to Riverside Drive along US1 $691,249
Façade Grants (Small Scale $1,000 to $5,000) $50,000
Wayfinding Signs $10,000
Total Proposed Expenses $771,249
RESOLUTION #2020-CRA-02
A RESOLUTION OF THE EDGEWATER, COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING A PROPOSED BUDGET FOR THE FISCAL YEAR 2020 – 2021; PROVIDING FOR SEVERABILITY, APPLICABILITY AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, The Edgewater Community Redevelopment Agency (Edgewater CRA) was created pursuant to Chapter 163, Part III, Florida Statutes (the “Community Redevelopment Act”) establishing the conditions and procedures for the establishment of community redevelopment areas and agencies; and,
WHEREAS, the Edgewater CRA is a dependent special district under Chapter 189, Florida Statues (2006), known as the Uniform Special District Accountability Act (the “Special District Act”); and,
WHEREAS, the Special District Act requires all special districts, including dependent special districts, such as the Edgewater CRA, to adopt a budget for each fiscal year by resolution;
NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows:
Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution pursuant to the Special District Act.
Section 2. Adoption of Budget. The governing body of the Edgewater CRA does hereby approve and adopt a Budget for the Edgewater CRA for Fiscal Year 2020 – 2021. A copy of the budget is attached hereto and incorporated herein as Exhibit “A”.
Section 3. Severability. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining potion hereto.
Section 4. Effective Date. This resolution shall take effect upon adoption.
After motion by Board Member Power, and second by Board Member Conroy, the vote on this resolution was as follows:
Chair Thomas, Aye
Board Member Power, Aye
Board Member Yaney, Aye
Board Member O’Keefe, Aye
Board Member Conroy, Aye
PASSED, APPROVED AND ADOPTED this 5th day of October, 2020.
ATTEST: Robin Matusick, CMC, City Clerk / Paralegal
EDGEWATER COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF EDGEWATER, FLORIDA
By: Mike Thomas, Chair
|
For the use and reliance only by the Edgewater Community Redevelopment Agency, City of Edgewater, Florida. Approved as to form and legality by: Aaron R. Wolfe, Esquire, City Attorney, Doran, Sims, Wolfe, Ciocchetti & Yoon |
Approved by the Edgewater Community Redevelopment Agency at a meeting held on this 5th day of October, 2020 under Agenda Item No. #4a. |
EXHIBIT “A”
City of Edgewater Community Redevelopment Agency
Proposed Budget Fiscal Year October 1, 2020 - September 30, 2021
Time: 2015 - 2035 Board: City Council
400 Acres
Contact: Samantha Bergeron, Director Parks & Recreation
URL: www.EdgewaterCRA.org
Pre-liminary Value $ 1,583,895 as of June 21, 2019
Less Base Year Tax Value: $ 62,754,205
Equals Increment Value: $18,829,690 per thousand @6.7 Mils @ 95%
Revenues:
City TIF (6.7 Mils) $194,182
County TIF (5.6944 Mils) $144,679
Interest $0
Balance Brought Forward $178,875
Total Proposed Revenues $517,736
Expenses:
Capital Projects: $ 457,736
Façade Grants (Small Scale) $50,000
Way Finding Signs $10,000
Total Proposed Expenses $ 517,736
RESOLUTION #2020-CRA-02
A RESOLUTION OF THE EDGEWATER, COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING A PROPOSED BUDGET FOR THE FISCAL YEAR 2020 – 2021; PROVIDING FOR SEVERABILITY, APPLICABILITY AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, The Edgewater Community Redevelopment Agency (Edgewater CRA) was created pursuant to Chapter 163, Part III, Florida Statutes (the “Community Redevelopment Act”) establishing the conditions and procedures for the establishment of community redevelopment areas and agencies; and,
WHEREAS, the Edgewater CRA is a dependent special district under Chapter 189, Florida Statues (2006), known as the Uniform Special District Accountability Act (the “Special District Act”); and,
WHEREAS, the Special District Act requires all special districts, including dependent special districts, such as the Edgewater CRA, to adopt a budget for each fiscal year by resolution;
NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows:
Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution pursuant to the Special District Act.
Section 2. Adoption of Budget. The governing body of the Edgewater CRA does hereby approve and adopt a Budget for the Edgewater CRA for Fiscal Year 2020 – 2021. A copy of the budget is attached hereto and incorporated herein as Exhibit “A”.
Section 3. Severability. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining potion hereto.
Section 4. Effective Date. This resolution shall take effect upon adoption.
After motion by Board Member ______________________ and second by Board Member ____________________________, the vote on this resolution was as follows:
AYE NAY
Chair Thomas ___ __ ______
Board Member Power ___ __ ______
Board Member Yaney ___ __ ______
Board Member O’Keefe ___ __ ______
Board Member Conroy ___ __ ______
PASSED, APPROVED AND ADOPTED this 5th day of October, 2020.
ATTEST: EDGEWATER COMMUNITY
REDEVELOPMENT AGENCY OF THE
CITY OF EDGEWATER, FLORIDA
____________________________ By: ____________________________
Robin Matusick, CMC Mike Thomas
City Clerk/Paralegal Chair
For the use and reliance only by the Edgewater Community Redevelopment Agency, City of Edgewater, Florida. Approved as to form and legality by: Aaron R. Wolfe, Esquire
City Attorney
Doran, Sims, Wolfe, Ciocchetti & Yoon
Approved by the Edgewater Community Redevelopment Agency at a meeting held on this 5th day of October, 2020 under Agenda Item No. #______.
EXHIBIT “A”
City of Edgewater Community Redevelopment Agency
Proposed Budget Fiscal Year October 1, 2019 - September 30, 2020
Time: 2015 - 2035 Board: City Council
400 Acres Contact: Samantha Bergeron, Director Parks & Recreation
URL: www.EdgewaterCRA.org
Pre-liminary Value $ 1,583,895 as of June 21, 2019
Less Base Year Tax Value: $ 62,754,205
Equals Increment Value: $18,829,690 per thousand @6.7 Mils @ 95%
Revenues:
Description Amount
City TIF (6.7 Mils) $ 119,851
County TIF (5.6944 Mils) $ 90,616
Interest $ 66
Balance Brought Forward $ 307,227
Total Proposed Revenues $ 517,760
Expenses:
Description Amount
Capital Projects:
1. East Indian River Blvd. Median Cut through Paving $ 20,000
2. Extend Water Line E. Indian River Blvd to Riverside Drive along US1 $ 225,000
Façade Grants (Small Scale) $ 50,000
Land Appraisals $ 500
Land Acquisitions $ 212,260
Way Finding Signs $ 10,000
Total Proposed Expenses $ 517,760
City of Edgewater Community Redevelopment Agency
Budget Fiscal Year October 1, 2019 - September 30, 2020
Time: 2015 - 2035
400 Acres
Board: City Council
Contact: Samantha Bergeron, Director Parks & Recreation
URL: www.EdgewaterCRA.org
Preliminary Value $ 1,583,895 as of June 21, 2019
Less Base Year Tax Value: $ 62,754,205
Equals Increment Value: $18,829,690 per thousand @6.7 Mils @ 95%
Revenues:
City TIF (6.7 Mils) $119,851
County TIF (5.3323 Mils @95% @ 95%) $90,616
Interest $66
Balance Brought Forward $ 307,227
Total Revenue $517,760
Expenses:
East Indian River Blvd. Median Cut Through Paving $20,000
Extend Water Line E. Indian River Blvd to Riverside Drive along US1 $225,000
Facade Grants $50,000
Intersection Improvement Projects $212,760
Wayfinding Signs $10,000
Total Expenses $517,760
RESOLUTION #2020-CRA-01
A RESOLUTION OF THE EDGEWATER, COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING A REVISED BUDGET FOR THE FISCAL YEAR 2019 – 2020; PROVIDING FOR SEVERABILITY, APPLICABILITY AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, The Edgewater Community Redevelopment Agency (Edgewater CRA) was created pursuant to Chapter 163, Part III, Florida Statutes (the “Community Redevelopment Act”) establishing the conditions and procedures for the establishment of community redevelopment areas and agencies; and,
WHEREAS, the Edgewater CRA is a dependent special district under Chapter 189, Florida Statues (2006), known as the Uniform Special District Accountability Act (the “Special District Act”); and,
WHEREAS, the Special District Act requires all special districts, including dependent special districts, such as the Edgewater CRA, to adopt a budget for each fiscal year by resolution;
NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows:
Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution pursuant to the Special District Act.
Section 2. Adoption of Budget. The governing body of the Edgewater CRA does hereby approve and adopt a Revised Budget for the Edgewater CRA for Fiscal Year 2019 – 2020. A copy of the budget is attached hereto and incorporated herein as Exhibit “A”.
Section 3. Severability. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining potion hereto.
Section 4. Effective Date. This resolution shall take effect upon adoption.
After motion by Board Member ______________________ and second by Board Member ____________________________, the vote on this resolution was as follows:
AYE NAY
Chair Thomas ___ __ ______
Board Member Power ___ __ ______
Board Member Yaney ___ __ ______
Board Member O’Keefe ___ __ ______
Board Member Conroy ___ __ ______
PASSED, APPROVED AND ADOPTED this 3rd day of August, 2020.
ATTEST: EDGEWATER COMMUNITY
REDEVELOPMENT AGENCY OF THE
CITY OF EDGEWATER, FLORIDA
____________________________ By: ____________________________
Robin Matusick, CMC Mike Thomas
City Clerk/Paralegal Chair
|
For the use and reliance only by the Edgewater Community Redevelopment Agency, City of Edgewater, Florida. Approved as to form and legality by: Aaron R. Wolfe, Esquire City Attorney Doran, Sims, Wolfe, Ciocchetti & Yoon |
Approved by the Edgewater Community Redevelopment Agency at a meeting held on this 3rd day of August, 2020 under Agenda Item No. #______. |
EXHIBIT “A”
| 400 Acres | Contact: Samantha Bergeron, Director Parks & Recreation | ||||
| intentionally left blank | URL: www.EdgewaterCRA.org | ||||
| Preliminary Value $ 1,583,895 as of June 21, 2019 | |||||
| Less Base Year Tax Value: $ 62,754,205 | |||||
| Equals Increment Value: $18,829,690 per thousand @6.7 Mils @ 95% | |||||
| intentionally left blank | |||||
| Revenues: | intentionally left blank | ||||
| Description | Amount | ||||
| City TIF (6.7 Mils) | $ 119,851 | ||||
| County TIF (5.3323 Mils @95% @95%) | $ 90,616 | ||||
| Interest | $ 66 | ||||
| Balance Brought Forward | $ 307,227 | ||||
| Total Proposed Revenues | $ 517,760 | ||||
| intentionally left blank | intentionally left blank | ||||
| Expenses: | intentionally left blank | ||||
| Description | Amount | ||||
| Capital Projects: | intentionally left blank | ||||
| 1. East Indian River Blvd. Median Cut through Paving | $ 20,000 | ||||
| 2. Extend Water Line E. Indian River Blvd to Riverside Drive along US1 | $ 288,745 | ||||
| Façade Grants (Small Scale $1,000 to $5,000) | $ 50,000 | ||||
| Intersection Improvement Projects (crosswalks, etc. per approved Plan) | $ 149,015 | ||||
| Part of FDOT 437121-1 Park Avenue Signal Rebuild 2024 | intentionally left blank | ||||
| Wayfinding Signs | $ 10,000 | ||||
| Total Proposed Expenses | $ 517,760 | ||||
RESOLUTION #2019-CRA-02
A RESOLUTION OF THE EDGEWATER, COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING A PROPOSED BUDGET FOR THE FISCAL YEAR 2019 – 2020; PROVIDING FOR SEVERABILITY, APPLICABILITY AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, The Edgewater Community Redevelopment Agency (Edgewater CRA) was created pursuant to Chapter 163, Part III, Florida Statutes (the “Community Redevelopment Act”) establishing the conditions and procedures for the establishment of community redevelopment areas and agencies; and,
WHEREAS, the Edgewater CRA is a dependent special district under Chapter 189, Florida Statues (2006), known as the Uniform Special District Accountability Act (the “Special District Act”); and,
WHEREAS, the Special District Act requires all special districts, including dependent special districts, such as the Edgewater CRA, to adopt a budget for each fiscal year by resolution;
NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows:
Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution pursuant to the Special District Act.
Section 2. Adoption of Budget. The governing body of the Edgewater CRA does hereby approve and adopt a Budget for the Edgewater CRA for Fiscal Year 2019 – 2020. A copy of the budget is attached hereto and incorporated herein as Exhibit “A”.
Section 3. Severability. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining potion hereto.
Section 4. Effective Date. This resolution shall take effect upon adoption.
After motion by Board Member ______________________ and second by Board Member ____________________________, the vote on this resolution was as follows:
City of Edgewater Community Redevelopment Agency
Proposed Budget Fiscal Year October 1, 2019 - September 30, 2020
Time: 2015 - 2035 Board: City Council
400 Acres Contact: Samantha Bergeron, Director Parks & Recreation
URL: www.EdgewaterCRA.org
Preliminary Value $ 1,583,895 as of June 21, 2019
Less Base Year Tax Value: $ 62,754,205
Equals Increment Value: $18,829,690 per thousand @6.7 Mils @ 95%
Revenues:
Description Amount
City TIF (6.7 Mils) $ 119,851
County TIF (5.3323 Mils @95% @95%) $ 90,616
Interest $ 66
Balance Brought Forward $ 307,227
Total Proposed Revenues $ 517,760
Expenses:
Description Amount
Capital Projects:
1. East Indian River Blvd. Median Cut through Paving $ 20,000
2. Extend Water Line E. Indian River Blvd to Riverside Drive along US1 $ 225,000
Façade Grants (Small Scale $1,000 to $5,000) $ 50,000
Intersection Improvement Projects (crosswalks, etc. per approved Plan) $ 212,760
Part of FDOT 437121-1 Park Avenue Signal Rebuild 2024
Wayfinding Signs $ 10,000
Total Proposed Expenses $ 517,760
Revenues:
County TIF $68,748
City TIF $85,486
Balance Brought Forward $155,000
Interest $66
Total Amended Revenues $309,300
Expenses:
Land Appraisals $675
Land Acquisitions $298,625
Way Finding Signs $10,000
Total Amended Expenses $309,000
Number of Personnel: 0
Debt $0
RESOLUTION #2018-CRA-01
A RESOLUTION OF THE EDGEWATER, COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING A PROPOSED BUDGET FOR THE FISCAL YEAR 2018 — 2019; PROVIDING FOR SEVERABILITY, APPLICABILITY AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, The Edgewater Community Redevelopment Agency (Edgewater CRA) was created pursuant to Chapter 163, Part ID, Florida Statutes (the "Community Redevelopment Act') establishing the conditions and procedures for the establishment of community redevelopment areas and agencies; and, WHEREAS, the Edgewater CRA is a dependent special district under Chapter 189, Florida Statues (2006), known as the Uniform Special District Accountability Act (the "Special District Act");and, WHEREAS, the Special District Act requires all special districts, including dependent
special districts, such as the Edgewater CRA, to adopt a budget for each fiscal year by resolution; NOW,THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows:
Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution
pursuant to the Special District Act.
Section 2. Adoption of Budget. The governing body of the Edgewater CRA does
hereby approve and adopt a Budget for the Edgewater CRA for Fiscal Year 2018—2019. A copy of the budget is attached hereto and incorporated herein as Exhibit "A".
Section 3. Severability. If any section, subsection, sentence, clause, phrase or portion of
this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining potion hereto.
Section 4. Effective Date. This resolution shall take effect upon adoption.
After motion by member Conroy, and second by member Power, the vote on this resolution was as follows:
Chair Mike Ignasiak AYE
Vice Chair Christine Power AYE
Board Member Amy Vogt AYE
Board Member Megan O'Keefe AYE
Board Member Gary Conroy AYE
PASSED, APPROVED AND ADOPTED this 10th day of September,2018.
ATTEST: Robin Matusick, City Clerk/Paralegal
Edgewater community Redevelopment Agency of the City of Edgewater, FL By: Mike Ignasiak, Chair
For the use and reliance only by the Edgewater Community Redevelopment Agency, City of Edgewater, Florida. Approved as to form and legality by Aaron R. Wolfe, Esquire, City Attorney Doran, Sims, Wolfe, Ciocchetti & Yoon.
Approved by the Edgewater Community Redevelopment Agency at a meeting held on this 10th day of September, 2018 under Agenda Item No.3a.
RESOLUTION #2019-CRA-01
A RESOLUTION OF THE EDGEWATER COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING BUDGET AMENDMENT FOR THE FISCAL YEAR 2018—2019 AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, on September 10, 2018 the Edgewater Community Redevelopment Agency (Edgewater CRA) adopted an operating budget for Fiscal Year 2018-2019 pursuant to Resolution No. 2018-CRA-0l; and, WHEREAS, during the May 6, 2019 City Council meeting, Council verbally approved a mid-year budget amendment to the CRA Budget. WHEREAS, the Edgewater CRA budget amendments decreased revenues and expenditures in total pursuant to itemizations contained in Exhibit "A" which are attached hereto and incorporated herein; and, WHEREAS, the budget amendments allow the City of Edgewater Community Redevelopment Agency (Edgewater CRA) to adjust the Fiscal Year 2018-2019 budget; NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows:
Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution pursuant to the Special District Act.
Section 2. August 2019 Budget Adjustment. The governing body of the Edgewater
CRA amends the Fiscal Year 2018-2019 budget by revising the budget in total pursuant to itemizations contained in Exhibit "A" which is attached hereto and incorporated herein .
Section 3. Effective Date. This resolution shall take effect upon adoption.
After motion by Board Member O’Keefe and second by Board Member Power, the vote on this resolution was as follows:
Chair Mike Thomas AYE
Board Member Christine Power AYE
Board Member Kimberly Yaney AYE
Board Member Megan O'Keefe AYE
Vice Chair Gary Conroy AYE
PASSED, APPROVED AND ADOPTED this 5th day of August, 2019.
ATTEST: Robin Matusick, City Clerk/Paralegal
EDGEWATER COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF EDGEWATER BY MIKE THOMAS, CHAIR
For the use and reliance only by the Edgewater Community Redevelopment Agency, City of Edgewater, Florida. Approved as to form and legality by Aaron R. Wolfe, Esquire, City Attorney Doran, Sims, Wolfe, Ciocchetti & Yoon.
Approved by the Edgewater Community Redevelopment Agency at a meeting held on this 5th day of August, 2019 under Agenda Item No.3a.
Revenues:
County TIF $70,703
City TIF $87,567
Balance Brought Forward $155,000
Interest $66
Total Proposed Revenue $313,336
Expenses
Land Appraisal $500
Land Acquisition $302,661
Way Finding Signs $10,000
DEO Special District Fee $175
Total Proposed Expenses $313,336
Number of Personnel 0
Debt $0
RESOLUTION #2017-CRA-02
A RESOLUTION OF THE EDGEWATER, COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING A PROPOSED BUDGET FOR THE FISCAL YEAR 2017 – 2018; PROVIDING FOR SEVERABILITY, APPLICABILITY AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, The Edgewater Community Redevelopment Agency (Edgewater CRA) was created pursuant to Chapter 163, Part III, Florida Statutes (the “Community Redevelopment Act”) establishing the conditions and procedures for the establishment of community redevelopment areas and agencies; and,
WHEREAS, the Edgewater CRA is a dependent special district under Chapter 189, Florida Statues (2006), known as the Uniform Special District Accountability Act (the “Special District Act”); and,
WHEREAS, the Special District Act requires all special districts, including dependent special districts, such as the Edgewater CRA, to adopt a budget for each fiscal year by resolution;
NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows:
Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution pursuant to the Special District Act.
Section 2. Adoption of Budget. The governing body of the Edgewater CRA does hereby approve and adopt a Budget for the Edgewater CRA for Fiscal Year 2017 – 2018. A copy of the budget is attached hereto and incorporated herein as Exhibit “A”.
Section 3. Severability. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining potion hereto.
Section 4. Effective Date. This resolution shall take effect upon adoption.
After motion by Member Conroy and second by Member Vogt, the vote on this resolution was as follows:
Chair Mike Ignasiak AYE
Vice Chair Christine Power EXCUSED
Board Member Amy Vogt AYE
Board Member Dan Blazi AYE
Board Member Gary Conroy AYE
PASSED, APPROVED AND ADOPTED this 3rd day of August, 2017.
ATTEST: Robin Matusick, City Clerk/Paralegal
EDGEWATER COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF EDGEWATER, FLORIDA By: Mike Ignasiak, Chair
For the use and reliance only by the Edgewater Community Redevelopment Agency, City of Edgewater, Florida. Approved as to form and legality by: Aaron R. Wolfe, Esquire, City Attorney, Doran, Sims, Wolfe & Ciocchetti
Approved by the Edgewater Community Redevelopment Agency at a meeting held on this 3rd day of August, 2017 under Agenda Item No. #3a.
Revenue:
County TIF $49,075
City TIF $57,103
Interest $66
Balance Brought Forward $50,565
Total Revenues: $156,809
Expenses:
Land Appraisals $150
Land Acquisition $146,484
Way Finding Signs $10,000
Total Expenses $156,809
Number of Personnel 0
Debt $0
RESOLUTION #2017-CRA-01
A RESOLUTION OF THE EDGEWATER, COMMUNITY REDEVELOPMENT AGENCY, EDGEWATER, FLORIDA; ADOPTING A REVISED BUDGET FOR THE FISCAL YEAR 2016–2017; PROVIDING FOR SEVERABILITY, APPLICABILITY AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, The Edgewater Community Redevelopment Agency (Edgewater CRA) was created pursuant to Chapter 163, Part III, Florida Statutes (the “Community Redevelopment Act”) establishing the conditions and procedures for the establishment of community redevelopment areas and agencies; and,
WHEREAS, the Edgewater CRA is a dependent special district under Chapter 189, Florida Statues (2006), known as the Uniform Special District Accountability Act (the “Special District Act”); and,
WHEREAS, the Special District Act requires all special districts, including dependent special districts, such as the Edgewater CRA, to adopt a budget for each fiscal year by resolution;
NOW, THEREFORE, be it resolved by the Community Redevelopment Agency of the City of Edgewater, Florida as follows:
Section 1. Authority. The Edgewater CRA has the authority to adopt this Resolution pursuant to the Special District Act.
Section 2. Adoption of Budget. The governing body of the Edgewater CRA does hereby approve and adopt a Revised Budget for the Edgewater CRA for Fiscal Year 2016 – 2017. A copy of the budget is attached hereto and incorporated herein as Exhibit “A”.
Section 3. Severability. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining potion hereto.
Section 4. Effective Date. This resolution shall take effect upon adoption.
After motion by Member Blazi and second by Member Power, the vote on this resolution was as follows:
Chair Mike Ignasiak AYE
Vice Chair Christine Power AYE
Board Member Amy Vogt AYE
Board Member Dan Blazi AYE
Board Member Gary Conroy AYE
PASSED, APPROVED AND ADOPTED this 3rd day of April, 2017.
ATTEST: Robin Matusick, City Clerk/Paralegal
Edgewater community Redevelopment Agency of the City of Edgewater, FL By: Mike Ignasiak, Chair
For the use and reliance only by the Edgewater Community Redevelopment Agency, City of Edgewater, Florida. Approved as to form and legality by Aaron R. Wolfe, Esquire, City Attorney Doran, Sims, Wolfe, Ciocchetti & Yoon.
Approved by the Edgewater Community Redevelopment Agency at a meeting held on this 3rd day of April, 2017 under Agenda Item No.4a.
Revenues:
County TIF $19,082
City TIF $22,063
Balance Brought Forward $9,398
Total Revenues: $50,543
Expenses:
Land Acquisition $40,970
Way Finding Signs $ 9398
DEO Special District Fee $175
Total Expenses: 50,543
Number of Personnel 0
Debt $0
