MINUTES OF THE SPECIAL SARASOTA COMMUNITY REDEVELOPMENT AGENCY MEETING OF JUNE 2, 2008 PRESENT: Chair Lou Ann R. Palmer, presiding, Vice Chair Ken Shelin, Members Fredd "Glossie" Atkins, Richard Clapp, and Kelly M. Kirschner, Executive Director Robert J. Bartolotta, Attorney Robert M. Fournier, and Secretary Billy E. Robinson ABSENT: None The meeting of the Community Redevelopment Agency (CRA) was called to order by Chair Palmer at 2:47 p.m. 1. APPROVAL RE: MINUTES OF THE SPECIAL COMMUNITY REDEVELOPMENT AGENCY MEETING OF APRIL 21, 2008 (AGENDA ITEM CRA-1) Chair Palmer noted CRA consensus to approve the minutes of the Special Community Redevelopment Agency meeting of April 21, 2008. 2. REPORT RE: COMMUNITY REDEVELOPMENT AGENCY (CRA) ADVISORY BOARD'S REGULAR MEETING OF MARCH 27, 2008 (AGENDA ITEM CRA-2) Carl Meyer, Chair, CRA Advisory Board, came before the CRA, gave a report concerning the March 27, 2008, Regular CRA Advisory Board meeting and stated that the CRA Advisory Board re-evaluated and ranked the Project Priority List due to the recent decrease in the economy which resulted in less Tax Increment Financing (TIF) funds being received; that the CRA Advisory Board is recommending Staff commence the basic Wayfinding System Project as funds become available as the Project is ranked No. 1; that a portion of the Wayfinding System Project is outside the TIF District; however, Attorney Fournier indicated the Wayfinding System Project could be funded with TIF funds as much of the area for the Wayfinding System Project is in the TIF District. In response to a question by Vice Chair Shelin asking the reason for the inclusion of the U.S. 41 and Fruitville Road and U.S. 41 and Gulf Stream Avenue roundabouts in the Project Priority List as the projects failed the Florida Department of Transportation (FDOT) feasibility studies, Chief Planner Steven Stancel, Neighborhood and Development Services Integration Department, came before the CRA and stated that the U.S. 41 and Fruitvilie Road and U.S. 41 and Gulf Stream Avenue roundabouts were not eliminated as the results of the initial FDOT feasibility studies may change in the future through additional FDOT feasibility studies. In response to a question by Member Atkins asking if the CRA Advisory Board is satisfied with the existing and future parking arrangements in Downtown, Chair Meyer stated no; that sufficient TIF funds are not available to complete the Public Parking Project; that the project would have left the City with a deficit; that the CRA Advisory Board was attempting to complete the most projects with available TIF funds. Chair Meyer stated that CRA concurrence to hold a joint CRA and CRA Advisory Board workshop is requested as well as authorization to work with the City Auditor and Clerk to schedule the joint workshop in the near future. A motion was made by Vice Chair Shelin, seconded by Member Atkins, and carried by a 5-0 vote to receive the report of the CRA Advisory Board's Regular meeting of March 27, 2008. In response to a question by City Manager Bartolotta asking if the joint meeting will include the CRA Advisory Board and the Newtown CRA Advisory Board, Chair Palmer stated yes and noted CRA consensus to schedule a joint workshop with the CRA, the CRA Advisory Board, and the Newtown CRA Advisory Board. BOOK2 Page 1668 06/02/08 2:30 P.M. BOOK2 Page 1669 06/02/08 2:30 P.M. 3. ADJOURN Chair Palmer adjourned the meeting at 2:59 p.m. LOU ANN R. PALMER, CHAIR ATTEST: E 3wwe de - 3 0om BILLY E, ROBINSON, SECRETARY