The CRA (Community Redevelopment Agency) authorized an RFP for a builder to construct two Coastal Cottages in Edgewater Garden and extended Central Orange Partners' Phase 2 timeline near Orange Lake.
9 items on the agenda · 5 decisions recorded
On the agenda
- 1Call to Order - Roll Call▶ 0:00
- 3.a
December 2, 2025 CRA Meeting Minutes
Approval of the December 2, 2025 CRA meeting minutes.
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[00:00:16] Manns. Here. City Attorney Driscoll. Here. December 2nd, 2025, CRA meeting minutes.
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- 4.a
You arrived here from a search for “American Center Np LLC” — transcript expanded below
American Center Np LLC Commercial Facade Improvement Grant Reimbursement Request
approvedon consentThe CRA Board approved the consent agenda which included a Commercial Facade Improvement Grant reimbursement request from American Center NP LLC.
- motion:Motion to approve the consent agenda including the American Center NP LLC Commercial Facade Improvement Grant reimbursement request. (passed)
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[00:00:30] Agenda. Second. All those in favor. Just to see, I'm glad to see the consent item included at this point.
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Zen Kitchen & Bar Commercial Facade Improvement Grant Reimbursement Request
on consentThe CRA Board considered a Commercial Facade Improvement Grant reimbursement request for Zen Kitchen & Bar. The transcript excerpt notes the reimbursement reflects transparency and the work of the Economic Development Department, but does not include a recorded outcome.
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[00:00:43] Some grant reimbursements. It highlights the top priority we place on transparency as a city. [00:00:50] Shows the diligent work that our Economic Development Department is doing [00:00:56] with regards to our Executive Director and our Economic Development Director to continue to
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Request to Authorize RFP26-016 Coastal Cottage Builder
approvedStaff requested authorization to issue RFP 25-016 (referenced in agenda as RFP26-016) to solicit a home builder to design, permit, construct, and sell or lease two Coastal Cottage homes on city-owned lots in the Edgewater Garden subdivision. The incentive package includes contributing the lots (valued ~$22,000 each) and a $25,000 cash incentive at certificate of occupancy. The motion was approved 5-0.
- motion:Authorize staff to proceed with RFP 25-016 to solicit a home builder for two Coastal Cottages in Edgewater Garden subdivision, with incentive package of contributed lots and $25,000 cash at C.O. (passed)5–0
Edgewater Garden subdivisionCouncilman AltmanMr. GammonMs. MannsAE flood zoneCoastal Cottage ordinance (passed 2024)Edgewater Garden SubdivisionR4 zoning districtRFP 25-016 / RFP26-016 Coastal Cottage Builderredevelopment incentives funding▶ Jump to 0:59 in the videoShow transcriptHide transcript
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[00:01:03] flex the power of the CRA to reinvest in our community. All those in favor signify by aye. [00:01:09] Aye. Is that all five of us? Yes. Sounded like four must have been missed. Okay. Five nothing. [00:01:17] Business items. Request for authorization of RFP 25016, Coastal Cottage Builders. [00:01:29] I'm sorry, I didn't hear you. Are you calling for the consent agenda? [00:01:33] No, she's on request for the Coastal Cottage. Oh, okay. Good. [00:01:37] The request before you this evening is to authorize staff to proceed with a request to solicit proposals to select a home builder to construct two Coastal Cottages in the Edgewater Garden subdivision where the city owns three lots [00:02:07] and we are would like to establish those lots for sale. Two of the lots would be combined into [00:02:23] one lot and I will let Mr. Gammon tell you a little bit about how we would like to dispose [00:02:33] of those lots for sale. The purpose of this would be to diversify the housing stock in this subdivision [00:02:43] which is principally a mobile home park currently and to introduce a higher housing product in the [00:02:51] subdivision. Mr. Gammon. Thank you, Ms. Manns. I appreciate it. Mr. Chairman, fellow directors, [00:02:56] you know, Coastal Cottage is a pretty great idea that's been around for a year and a half, almost [00:03:01] two years, so I'm delighted to present this request. As Ms. Manns mentioned, the goal of [00:03:08] the RFP is to find a qualified home builder to design, permit, construct, and ultimately sell [00:03:13] or lease two Coastal Cottage homes on city-owned lots. As you know, Coastal Cottage or the R4 zoning [00:03:23] district has to be in the AE flood zone. AE flood zone provides a significant flood risk. [00:03:29] Fortunately, or I guess unfortunately for our standpoint, there's a lot of AE flood zone in the [00:03:35] western part of the city, so there's a lot of places we can look for it and that's where [00:03:40] this community is. As mentioned, I think it's a great idea. Just briefly on what Coastal Cottage [00:03:49] is, it's a minimum 900 square foot exclusive of open porches, breezeways, and carports. The [00:03:55] minimum lot size is 2,850 square feet and a minimum lot width is 38 feet. We should see [00:04:04] some pretty interesting concepts, I think, when we put this RFP out with the long-term goal is [00:04:09] improve resiliency and create Coastal Cottage communities replacing repetitive flood properties. [00:04:16] This is the location of where Edgewater Garden Subdivision is, northwest quadrant of the city. [00:04:24] Zooming in a little bit closer, you can see the lots we own, the city owns right now [00:04:29] in the community. Where they are, they're highlighted in yellow there. [00:04:34] This is even a little bit closer. As Ms. Mance mentioned, we have lot one up there at the right. [00:04:39] That's already one lot. We can use that, but the other two are only 30 foot wide, [00:04:43] so they're not wide enough for the Coastal Cottage minimum width. We have to combine those, [00:04:49] or the ultimate builder will have to combine those into one lot, so we'll have two lots we can do. [00:04:55] Whenever we do any kind of incentive packages, we looked at a couple of different things. [00:05:01] Number one, I think when the ordinance passed in 2024, it kind of needs a jump start to encourage [00:05:06] builders to take this risk and do these things. That's one of the main reasons we're doing it. [00:05:10] The incentive package will include two things. We will contribute the lots. Those are valued at about [00:05:15] $22,000 per lot one and per lot two, and also give a $25,000 cash incentive at a certificate of [00:05:23] occupancy when it's finished. This, again, hopes will drive continued demand for this Coastal Cottage product. [00:05:31] In terms of fiscal impact, funding's available in our redevelopment incentives. [00:05:36] Therefore, we would recommend proceeding with this RFP, see if we can get some good interest [00:05:40] for these lots and maybe others around town. [00:05:45] Any public comment? Seeing no one come forward, bring it up for discussion and vote. [00:05:51] I'll move to approve. I'll second. [00:05:55] Is there a maker? No, I'm just excited that we can, you know, [00:05:59] get some redevelopment in that area that's been struggling. I think once we get a couple of these [00:06:04] built and people could see what they are and how pretty they are and how nice they are, I think [00:06:10] we can get more of that done in that area. Thank you. [00:06:15] To the point of getting more done in the area and the incentives that are being offered here, [00:06:20] you know, a good bit of that is looking for creative ways to do it. [00:06:24] One of the things that is often suggested with Granny Flats or the other smaller type products [00:06:30] is that there are sort of off-the-shelf approved designs. [00:06:35] So if we're going to be paying all that money for designs, even if it's not part of this program, [00:06:42] it would make sense that for future potential homeowners to be able to buy a lot of these [00:06:47] and if it's not part of this program, it would make sense that for future potential homeowners [00:06:53] to be able to have engineered design plans that could be available as just something that wouldn't [00:07:00] cost us necessarily, although what has made our city so unique is the fact that everything doesn't [00:07:07] look the same. So I'm not trying to suggest everything be the same, but, you know, some of [00:07:11] the engineering or something that can create a potential shell opportunity for future builders [00:07:19] is just something else to put on the plate. So I don't think it's involved in this motion at all. [00:07:23] Nothing to change what's been presented, but I wanted to throw that out. [00:07:36] Firstly, I get the point of having those porches shown and none of them with screens [00:07:41] because it's still not allowed, but I'd love to see a day when we can get screened porches back. [00:07:46] I know we talked about that at length and debated fiercely over the different type of materials that [00:07:52] can be used with porches, so I just happen to see a porch up there, so that's why I bring that up. [00:07:58] But to Councilman Altman's point, you know, in the downtown we speculated on some land, [00:08:03] worked with some responsible and creative developers, and got some really interesting [00:08:09] concepts done and are continuing to do that. Mr. Gammon, our city manager, has hyped up [00:08:16] some other work in the future that this community agency and prior [00:08:23] directors that have sat up here have also led the vision work on. I think the cottages has been a [00:08:28] very creative concept. I don't know where it originates in staff, but it does point to this [00:08:34] idea of how we are capable as a city staff of bringing the, you know, we are unique unlike [00:08:42] the larger county with its sprawl, that we have the opportunities, we have to build in unique ways [00:08:48] if we're going to continue to build because we just don't have the space. And I think the cottages [00:08:52] try to achieve this and I think it's appropriate given the flood zone that we do neater, [00:08:57] uniquer designs. However, there are opportunities throughout our city where, and I'm going to [00:09:04] make this a personal statement, but hopefully a stance that over time the CRA would adopt that [00:09:10] the public has spoken to, is that we find solutions to the missing middle housing problem that we see [00:09:19] throughout the nation. But again, that cities of our size with our unique challenges of building [00:09:24] are presented. And the comment was used by Councilman Altman, and you might have to help [00:09:28] me here because my ear just popped so I missed it, but the build out a skeleton model or something [00:09:36] that can be built of scale to get more developers who want to get their feet wet in our city but [00:09:41] aren't able to because we don't provide a clear direction when it comes to some of these unique [00:09:47] challenges. And I don't want to end on that negative I just said, so I want to put a footnote [00:09:52] on that to say that I don't think it's malice, I think it's just a matter of it takes a lot of time. [00:09:57] This program's been a while to get off the ground and our city staff's been working diligently on it. [00:10:02] And I know it's a challenge and I don't know what resources the City Manager may need to meet that [00:10:07] challenge, but it would be my hope that if it's the direction of this Community Redevelopment [00:10:13] Agency and the City Council to continue to build on what we're seeing here, that the City Manager [00:10:21] would communicate to us what she needs to accomplish that, whether it be direction on [00:10:27] redevelopment of some of the code. I know that we're working on reviewing our redevelopment plan, [00:10:33] excuse me, the 2030 Compact and or whether it be consultant resources, outsourcing, whatever [00:10:43] the case may be. I'm excited by this, but I'm also excited for what it means for future opportunities [00:10:49] to work with developers, so I don't want it to stop here. Yeah, I think this is definitely [00:10:54] something we need to do and continue to do, disperse some kind of economic development in [00:11:00] those areas with blight and everything else, so that's kind of what it's for and that's what [00:11:05] we're doing, so I'm glad we're kicking that on. I just thought, you know, you brought up something, [00:11:17] Pete, that I thought I kind of liked. We might have a floor plan, but not exterior, so that helps [00:11:24] them a lot with the interior design of it and stuff, and so they save a lot of money and they [00:11:29] just go in and do the exterior and then we have maybe two or three floor plans that we could [00:11:34] provide them, so all those in favor signify by aye. Aye. That's five nothing. Approval of the addendum [00:11:42] to performance agreement with the West Orange Partners LLC, or Central, excuse me. [00:11:50] Yes, this is a modification to the previously approved addendum related to phase two and phase [00:11:59] three of the development project to the Central, and Mr. Gammon will present the agenda item to [00:12:09] you this evening. Thank you again, Ms. Manns. Just to follow up real quick on that other thing, my [00:12:14] previous job, we had a spec building program in Charlotte County that went over very well. It was [00:12:19] for industrial buildings, but you all were talking residential buildings. We paid, this county paid [00:12:23] for the plans that we could then give to developers. It was a really good idea. On this, Mr. Chairman, [00:12:30] fellow directors, the request you have before you is the second addendum to the performance [00:12:36] agreement on the Central and Orange Lake project. The addendum basically does two things. It extends [00:12:43] the commencement period and the completion period on phase two, and it deletes the four units planned [00:12:50] in phase three from this agreement. Seven years ago, we executed the original purchase agreement [00:12:58] with Central Orange Partners. Mr. Frank Starkey is here in attendance. He's a managing member. [00:13:03] If you have any questions for him, you might want to ask him about what phase two is going to look [00:13:07] like. He's got some really interesting ideas of how it's going to look. Back seven years ago, the [00:13:12] economic condition of the city might have been just a little bit different than it is today. [00:13:17] We needed incentive packages to entice developers to come here and to make this project particularly [00:13:24] happen. The incentives we offered at that time, about $168,000 for waiver of impact fees, $43,000 [00:13:32] for waiver of building plan fees, and an estimated $599,000. That was reimbursement [00:13:38] of capital expenses, and that would be repaid over seven years from property tax proceeds. [00:13:47] Again, at the time of the original agreement, this property looked just a little differently. [00:13:51] Real quick on history, First Baptist deeded this property to the city in 2005. It was quick claimed [00:13:57] over to the CRA in 2018 so it could be sold to Central Orange in April of 2018 for $300,000. [00:14:08] This is what we have now. We have a really beautiful addition to the city that provides [00:14:12] living opportunities in the downtown district, which we just don't have a lot of those right [00:14:16] now. It's really nice with phase one there and phase two coming. First addendum, there were some [00:14:24] reasons for this. There were some fairly significant happenings between the original [00:14:29] purchase agreement in 2019 and this first addendum that happened in 2024, namely a global pandemic, [00:14:35] slowed things down just a little bit for everybody. This addendum basically just added time [00:14:40] to him for Mr. Starkey to commence some of the project and time to complete phases two and phase [00:14:47] three. This proposed second amendment, how did we get here and why do we need another addendum [00:14:55] extending time? A couple of nasty hurricanes obviously didn't help with [00:15:00] this planning process, and right now we are currently out of agreement, so we can't refund [00:15:05] of some of the capital expenditures for 2025 because we're out of agreement. [00:15:13] According to the first addendum, we had to have commencement of phase three by 1225, [00:15:18] December of 25. [00:15:20] That didn't happen, and technically phase two was commenced by grading the site, but [00:15:26] that's really not what the goal was of this performance agreement, obviously. [00:15:30] We wanted something to happen, and so did Mr. Starkey. [00:15:33] So the proposed second addendum is requesting a couple of things. [00:15:37] One, to extend the commencement period on phase two to June 30th of 2026, and more specifically [00:15:45] put a definition in for what commencement means, and that means vertical construction. [00:15:49] So we'll see vertical construction by June 30th. [00:15:52] Second thing it does is it extends the completion period on phase two six months to June 30th, [00:15:59] 2028. [00:16:00] So it extends it another six months, and the third thing it's going to do is drop phase [00:16:03] three from the agreement, four units of the 85, and I'll show you why that's kind of, [00:16:08] isn't really that big of a deal when you look. [00:16:10] I've been talking a lot about phase one, phase two, phase three. [00:16:14] This kind of shows where it is. [00:16:16] Phase one is the original 42 units that are completed on both sides of Central Avenue. [00:16:21] Phase two, down there on the south part of the map there, is what we're talking about, [00:16:26] will be another 39 units that will have vertical construction started by June of this year. [00:16:32] And phase three, you can see it over on the right there, a little tough to see, that's [00:16:36] the part we're taking out of the agreement. [00:16:38] It was going to have kind of similar project, but Frank will come up, I think, with something [00:16:41] better than what was originally planned, so that's why we've got it taken out. [00:16:46] Numbers real quickly. [00:16:49] Taxable value is one of the things we always look at when we're doing this. [00:16:52] If you look back in the early years, 2017, 2018, that's when the city owned the property. [00:16:58] We got no tax revenue, obviously, at that time. [00:17:01] When we sold it to Mr. Starkey's company, we got tax value for it, so there was just [00:17:06] a little bit, and then it really hit the bump when phase one opened. [00:17:09] It got assessed there at 5.5 million. [00:17:11] We expect that to happen in 2028 when the other 39 units come on, so we'll have a taxable [00:17:17] value of approximately $12 million when it's all up and going. [00:17:22] I always apologize for these. [00:17:23] I wish I could do spreadsheets horizontally more than vertically, but this one has some [00:17:28] information on it. [00:17:29] From the CRA standpoint, we're always concerned with tax increment revenue. [00:17:33] That's what this sheet shows. [00:17:36] Recall what tax increment revenue is. [00:17:39] It's the taxable value multiplied by the mill levy, both for the city and the county. [00:17:44] We take 95% of that, and that's what comes into the CRA that we can use. [00:17:48] Over the life of the CRA, the important thing, maybe we can see down at the bottom, the central [00:17:53] is estimated to bring in over $5.8 million into the CRA. [00:17:59] As part of the purchase agreement, the CRA reimburses the developer for capital contributions [00:18:05] based on property taxes generated by the project. [00:18:08] We still have three outstanding reimbursements. [00:18:11] If approved tonight, the finance department will reimburse Mr. Starkey's company 80% of [00:18:17] the taxes that were already paid for 2025. [00:18:19] That 80% value is about $77,590. [00:18:26] Then we estimate there will be two more in 2026 and 2027, estimating those at about $58,000 [00:18:32] a year. [00:18:35] Real quick, a note on that. [00:18:36] You can see the difference, the original projected amount. [00:18:39] We were anticipating refunding about $599,000. [00:18:43] It's only $530,000 now, so it's a little bit less there just because of timing. [00:18:49] Another small one, sorry for this, but this is all the important stuff. [00:18:53] I think this is a pretty interesting slide. [00:18:56] If you look down just at the bottom, maybe that'll help. [00:19:00] We have an incentive package of $741,000. [00:19:03] I'd already mentioned we have $5.8 million coming into the CRA in tax revenue. [00:19:09] That means we'll have a net of a little over $5.1 million to the CRA from this project. [00:19:16] That represents about 12.68% of the TIF revenue we have in. [00:19:21] Remember the tax revenue doesn't just disappear when the CRA sunsets. [00:19:26] It keeps coming into the city, so that's again why we do these projects. [00:19:31] Important factors, always have to look at them when we're doing incentives or extensions [00:19:36] on existing agreements. [00:19:39] Magnitude of the investment I think is a really big item here, how much money went into it, [00:19:44] the product that's been built out here, and the impact on the community. [00:19:47] The anticipated tax increment revenue dollars we receive, appropriateness of the incentive [00:19:52] package, and more importantly, are the incentives fair to competing properties? [00:19:57] I think all of that goes there, and of course it has to be consistent with our CRP, which it is. [00:20:04] Budget and fiscal, these funds have already been allocated in the 2025-26 CRA budgets. [00:20:13] Extensions are sometimes hard to accept. [00:20:15] They're tricky. [00:20:16] You say, why does it have to happen? [00:20:17] I think we've explained why some of this has happened and taken a little bit of time. [00:20:21] Central on Orange Lake was a cutting edge development new to our community that was started [00:20:25] at a time when new development dollars really weren't being invested into our community. [00:20:31] Developer took the risk, endured a global pandemic and massive hurricanes and stills [00:20:35] moving forward. [00:20:36] That said, we respectfully seek your approval of the addendum. [00:20:40] As I mentioned, Mr. Starkey is here if you have any questions of him or of me. [00:20:44] Thanks very much. [00:20:46] Do we have any public comment? [00:20:49] Seeing no one come forward, not even Frank. [00:20:58] Thank you, Director Gammon, and thanks for the opportunity. [00:21:02] I just wanted to give you all a quick update. [00:21:04] We are on the cusp of breaking ground on Phase 2 vertical construction. [00:21:11] As you know, we did the site work, the parking lots and the drainage and the underground [00:21:16] utilities and everything in full expectation. [00:21:20] We were being given a good song and dance from our bank that we were on the cusp of [00:21:25] getting financing. [00:21:26] Then the interest rates jumped up and they pulled the rug out from underneath us. [00:21:32] We did not build the parking lot only to provide staging for law enforcement for events, but [00:21:39] it's been useful for that. [00:21:41] We're happy to have been able to help out. [00:21:45] We were expecting to start building the vertical buildings in Phase 2 in 2023. [00:21:53] That is water under the bridge now. [00:21:56] We are ready to start. [00:21:57] Now we are going to build all of the remainder of Phase 2. [00:22:02] Y'all know I'm an architect and urban designer as my first love, so I'm going to tell you [00:22:06] that we will be getting renderings out to the public as it starts to come out of the [00:22:13] ground. [00:22:14] The coolest thing about Phase 2, Phase 1 was about making Central Avenue a real place within [00:22:21] the city plan. [00:22:22] If you look at the original plan of the city, Central Avenue and Grand Boulevard are really [00:22:26] the, to get Roman on us, it's the Cardo and Decumanus of the city. [00:22:31] The main avenues of the city, in fact downtown, was really supposed to have been on Central [00:22:35] Avenue in the original plan, so it was a major aspect of the design. [00:22:39] We wanted to really celebrate that with symmetrical buildings that marked that corner where it [00:22:47] intersects with Circle Boulevard and Orange Lake and really, really anchor the east side [00:22:52] of that whole downtown amenity. [00:22:55] The second phase, what we do is a lot more human scale and there's going to be a walkway [00:23:02] from the corner of, can you go put the map back up? [00:23:07] From the intersection of Florida Avenue and Adams Street, kind of right behind Christina's [00:23:13] and right behind the arcade building where Florida Avenue bends diagonally. [00:23:17] From that corner, diagonally northwest to Orange Lake will be a pedestrian walkway. [00:23:27] It's on our private property, but it will be open to the public, hopefully it doesn't [00:23:32] become a problem, in which case it could potentially be gated, but that's not our intent. [00:23:39] But anyway, it will basically, from a pedestrian standpoint, it will break that gigantic block [00:23:44] that goes all the way from Main Street to Central Avenue. [00:23:50] You can't cross, if you're on Florida Avenue or Adams Street, you can't get to the lake [00:23:54] without going either up to Central or all the way down to Main Street. [00:23:59] It'll punctuate that, it'll puncture that block and basically make it into two smaller [00:24:03] blocks. [00:24:04] So it, I think it will really change the pedestrian circulation downtown, kind of opening the [00:24:11] lake to Florida Avenue going east and to Adams Street going south to the area behind the [00:24:19] arcade building, which actually is a city-owned parking lot, that triangular lot there. [00:24:24] And I think, just to plant a seed in the idea that might come to fruition in decades hence, [00:24:32] that parking lot could be a really cool urban plaza. [00:24:36] But regardless, with the development that's happening in the arcade building right now [00:24:41] and that becoming a more activated place, I think the pedestrian circulation may move [00:24:46] more around that direction. [00:24:48] Anyway, that's the pretty picture stuff that you'll see actual pictures of sooner or later. [00:24:58] Any questions? [00:24:59] I'm happy to answer any questions you all might have. [00:25:05] Only question I have is, would you mind waiting until our communication is done after this [00:25:08] meeting before you leave? [00:25:10] Because I want to speak to something I'd like you to be doing. [00:25:12] Will it be before midnight? [00:25:14] I think I'll put one of us out talking first. [00:25:17] Yeah, it's been on this side. [00:25:20] All right, fair enough. [00:25:23] Yes, I'll wait. [00:25:26] No questions. [00:25:27] Thank you. [00:25:28] I'll move approval of the request of the extension. [00:25:31] Before you do that, I just want to make sure there's no other follow-up comment. [00:25:35] I wanted to make one more comment. [00:25:39] It was in the numbers that Dave threw out there, but just two numbers that I want to [00:25:42] pull out. [00:25:43] One is the initial, when we struck this deal, Mary Iazzoni, who was Dave's predecessor at [00:25:51] the time, did a forecast of what the assessed values would be. [00:25:55] And his forecast was conservative, of course, because it needed to be, because you're talking [00:25:59] about public dollars. [00:26:00] But I thought it was fair. [00:26:02] And back in 2016, which is really when we started talking about this project, 2015 was [00:26:07] when the RFP was out. [00:26:09] We were all still around, and most of you all were even out of middle school. [00:26:14] The expectation was that by 2025, the entire project, completely developed, would be worth [00:26:23] $7.25 million. [00:26:26] Phase one only, which is about half the project, is assessed at $6.5 million now. [00:26:33] And by the time it's done, it'll be $12.5 million or so. [00:26:37] So it's really been a very good deal for the city overall. [00:26:41] And I called Mary today just to make sure I had that recollection correct, that he was [00:26:48] really talking about that was the proposed, that was his projection of the total developed [00:26:54] value. [00:26:55] And he said, yeah, that was. [00:26:56] And he gave me a couple more thoughts about why it was a good deal for the city. [00:27:00] But basically, this is a really good example. [00:27:03] So the CRAs have a target on them right now from Tallahassee, and the county is no fan [00:27:09] of them either. [00:27:10] But this is a really good example of a project that has done what CRAs are supposed to do, [00:27:15] which is take a piece of property that, in this case, had never, ever been on the tax [00:27:20] rolls. [00:27:21] The church had been there since the city began, and put it on the tax rolls at a much higher [00:27:27] value for a relatively low investment. [00:27:30] So congratulations to you all for having gotten a really good deal done for the city. [00:27:35] You're going to have elevators? [00:27:37] Just kidding. [00:27:38] Nope. [00:27:39] Any other questions? [00:27:40] But all the first floor units are accessible. [00:27:42] Any other questions? [00:27:43] All those in favor, significant. [00:27:44] Motion. [00:27:45] I can make a motion now to approve the recommended addendum to the contract. [00:27:51] Second. [00:27:52] Anything else? [00:27:53] No. [00:27:54] Second. [00:27:55] Looking forward to it being done. [00:27:57] Brian? [00:27:58] Same. [00:27:59] Thank you, Frank, for putting your faith in the city, and look forward to seeing it done. [00:28:03] Thank you. [00:28:04] Yeah, can't wait. [00:28:05] I didn't have questions, but I do have a couple comments. [00:28:08] First one, middle school was brought up. [00:28:10] I actually, just to point out Mr. Starkey's ability to foresee the future and see the [00:28:17] way that the city's heading. [00:28:19] Namely through looking at the past, that comment about Central originally being the thought [00:28:25] of care for the city. [00:28:28] In middle school, I would cut through there, admittedly, and probably was trespassing on [00:28:32] whoever owned that property, but that was the way. [00:28:34] It was the city, then. [00:28:35] You were fine. [00:28:36] There we go. [00:28:37] Well, that was the way to get through there, and it still is. [00:28:39] There's people who still cross through there, even though now you have it. [00:28:42] So it makes sense to do that. [00:28:45] It shows that you're intentional in that, and to making it a community relic, not just [00:28:55] private development. [00:28:57] But the numbers were talked about, and I think 2015, 2016, 2017, going into COVID, there
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- 5.b
Approval of Addendum to Performance Agreement w/Central Orange Partners LLC
approvedThe CRA Board approved an addendum to the performance agreement with Central Orange Partners LLC, extending the timeline for Phase 2 of a development project near Orange Lake. Board members spoke positively about the project's fiscal benefit, its alignment with CRA goals of supporting smaller-scale developer partnerships, and the building's popularity with residents including doctors working at North Bay.
- motion:Approve the addendum to the Performance Agreement with Central Orange Partners LLC. (passed)
Central Orange Partners LLCNorth BayAltmanStarkeyCRACentral Orange Partners Performance AgreementOrange LakePhase 2Phase 3▶ Jump to 29:02 in the videoShow transcriptHide transcript
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[00:29:06] are plenty of people who could not necessarily see the long-term vision here. [00:29:14] But now it's pretty abundantly clear, entering Phase 2, that the city's investment, and right [00:29:20] now, what it stands to lose, which is just a bit of land that people might not like as [00:29:26] an eyesore, that's the extent of the negativity surrounding this project at this point. [00:29:34] And the positivity is abundant. [00:29:35] The fiscal benefit was already laid out. [00:29:38] But more importantly, we talked a little bit tonight, and Councilman Altman brought it [00:29:43] up, Mr. Starkey also brought it up, about the intention of the CRA, the intention of [00:29:50] some of these projects. [00:29:52] And this is another good example. [00:29:54] Earlier tonight, it was mentioned about entrepreneurship and people taking shots on our city. [00:30:00] our city before, you know, there was a benefit, the risk taking, and this was definitely one [00:30:06] of those where there was risk. So when you hear this idea of extensions, in my mind, [00:30:12] the extension is twofold. It hurts the city less than it does the developer, because it [00:30:16] suggests that you're having to sit on the property pending economic conditions, whether [00:30:23] you know, hurricanes and COVID, whereas we're just waiting to see the benefit on our taxes. [00:30:28] Thank you for appreciating that. [00:30:31] To me, it shouldn't stop here, but you can see how complex these can be and the risk [00:30:38] that the developer takes on. I think this is a good example of why our CRA, again, needs [00:30:42] to flex its power when it comes to partnering with developers who are interested in coming [00:30:50] to the city to do smaller, micro-scale projects. And just to humanize this, I mean, there are [00:30:57] a lot of doctors that work at North Bay, right there in that building, that choose [00:31:01] to live in the Central and choose to live here instead of living somewhere else. And [00:31:07] my mind goes to, it is as much as part of our city and the story we're trying to tell [00:31:12] through the CRA as any other development that's been popping up. So I look forward to its [00:31:17] utilization and whatever you have planned for Phase 3 as well. Congrats on that, Phase [00:31:23] 2. [00:31:24] I just want to say that I get compliments about a lot of things in the city, but I get [00:31:30] compliments on that building. And the people say, I can't believe everybody doesn't want [00:31:34] to live there because of the view to the, first of all, to the park, but also Orange [00:31:38] Lake. And it's just a great, and I'm sure the second half is going to be just the same. [00:31:43] Thank you. [00:31:44] All those in favor, signify by aye.
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- 6Communications▶ 31:45
- 7Adjournment▶ 53:06
- 2
Pledge of Allegiance
Pledge of Allegiance.