BOOK 2 Page 1641 02/20/07 2:30 P.M. MINUTES OF THE SPECIAL SARASOTA COMMUNITY REDEVELOPMENT AGENCY MEETING OF FEBRUARY 20, 2007 PRESENT: Chair Fredd "Glossie" Atkins, presiding, Vice Chair Danny Bilyeu, Members Lou Ann R. Palmer, Mary Anne Servian and Ken Shelin, Attorney Robert M. Fournier, Secretary Billy E. Robinson, and Interim Executive Director V. Peter Schneider ABSENT: None The meeting of the Community Redevelopment Agency (CRA) was called to order by Chair Atkins at 2:41 p.m. 1. APPROVAL RE: MINUTES OF THE SPECIAL SARASOTA COMMUNITY REDEVELOPMENT AGENCY MEETING OF FEBRUARY 5, 2007 (AGENDA ITEM CRA-1) Chair Atkins noted CRA consensus to approve the minutes of the Special Sarasota Community Redevelopment Agency meeting of February 5, 2007. 2. STATUS REPORT RE: NEWTOWN REDEVELOPMENT PLAN PROJECTS (AGENDA ITEM CRA-2) Deputy Planning and Redevelopment Newtown Director John Hawthorne came before the CRA and answered questions concerning the inclusion of affordable housing in the Newtown Redevelopment Plan Projects List and stated that the list includes the revitalization of the Sarasota Housing Authority property and mixed-use projects which will provide affordable housing; that an additional explanation concerning affordable housing could be included with the Projects List if desired. Interim Executive Director Schneider stated that the total cost estimate for the projects indicated in the Agenda backup material is $42,365,000 but will be $43,956,250 reflecting a 25% inflationary increase for those projects estimated in 2002. A motion was made by Member Palmer, seconded by Member Shelin, and carried by a 5-0 vote to approve the transmittal of the Projects List to the Board of Sarasota County Commissioners and for Staff to include an attachment specifying more detail regarding affordable housing in the expanded Community Redevelopment Area. 3. REPORT RE: COMMUNITY REDEVELOPMENT AGENCY ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2006 (AGENDA ITEM CRA-3) Finance Director Gibson Mitchell came before the Commission and gave the Staff presentation concerning the CRA Annual Financial Report for the fiscal year ended September 30, 2006, included in the Agenda backup material. A motion was made by Member Shelin, seconded by Member Servian, and carried by a 5-0 vote to accept the Community Redevelopment Agency Annual Financial Report for the fiscal year ended September 30, 2006. 4. ADJOURN Chair Atkins adjourned the meeting at 2:59 p.m. FREDD "GLOSSIE" ATKINS, CHAIR ATTEST: 3h BILLY E. ROBINSON, SECRETARY BOOK 2 Page 1642 02/20/07 2:30 P.M.