BOOK 3 Page 31709 09/07/10 2:30 P.M. MINUTES OF THE SPECIAL SARASOTA COMMUNITY REDEVELOPMENT AGENCY MEETING OF SEPTEMBER 7, 2010 PRESENT: Chair Kelly M. Kirschner, presiding, Vice Chair Fredd Glossie" Atkins, Members Suzanne Atwell, Richard Clapp, and Terry Turner, Executive Director Robert J. Bartolotta, Attorney Robert M. Fournier, and Secretary Pamela M. Nadalini ABSENT: None The meeting of the Community Redevelopment Agency (CRA) was called to order by Chair Kirschner at 2:57 p.m. 1. APPROVAL RE: MINUTES OF THE SPECIAL COMMUNITY REDEVELOPMENT AGENCY MEETING OF AUGUST 16, 2010 (AGENDA ITEM CRA-1) Chair Kirschner noted CRA consensus to approve the minutes of the Special CRA meeting of August 16, 2010. 2. ADOPTION RE: MODIFICATION OF PLANNED PROJECTS FOR FISCAL YEAR 2006 TRANSFER FROM TAX INCREMENT FUNDS TO THE PENNY SALES TAX (PHASE II) (AGENDA ITEM CRA-2) Financial Administration Director Christopher Lyons came before the CRA and stated that the Commission and the CRA approved the transfer of $2 million from the CRA to fund pedestrian sleeves at their September 16, 2002, meetings; that the proposed redistribution of projects was previously presented by the Public Works Department at the 2010 Capital Improvement Plan and budget workshops; that the funds previously allocated to pedestrian sleeves have been reallocated to other projects, including a portion of the Multi-Use Recreational Trail (MURT), street reconstruction, and improvements to First and Main Streets and Ringling Boulevard; that the CRA is requested to approve the reallocation of funds. In response to a question from Mayor Kirschner asking the portion of the MURT in the Community Redevelopment Area, General Manager Utilities Glenn Marzluf came before the Commission and stated that the MURT runs from the Bayfront to Longboat Key; that the CRA is requested to approve funding only for the portion of the MURT located in the Community Redevelopment Area. In response to a request for clarification from Commissioner Turner concerning the fund allocation, Mr. Lyons stated that in 2002, the CRA did not have funding; that funding was charged against the Local Option Sales Tax (L.O.S.T.), also called the penny sales tax, with a promise for the Tax Increment Financing (TIF) District to repay the funds. A motion was made by Member Atwell, seconded by Member, and carried by a 5-0 vote to approve the proposed changes for the 2010-11 Capital Improvement Plan. 3. ADJOURN Chair,Kirschner adjourned the meeting at 3:03 p.m. * KELLYI M. KIRSCHNER, CHAIR TTEST: VoNG MM. PAMELA M: NADALINI, SECRETARY