LEGISLATIVE ACTION ITEM
SPONSOR: Jewel Cannada-Wynn, City Council Member
SUBJECT:
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SUPPLEMENTAL BUDGET RESOLUTION NO. 17-72 - APPROPRIATION OF FUNDS FROM THE SALE OF SURPLUS CRA PROPERTY AT 150 S BAYLEN STREET
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RECOMMENDATION:
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That City Council adopt Supplemental Budget Resolution No. 17-72.
A RESOLUTION AUTHORIZING AND MAKING REVISIONS AND APPROPRIATIONS FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2018, PROVIDING FOR AN EFFECTIVE DATE.
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HEARING REQUIRED: No Hearing Required
SUMMARY:
Since 1980, the Community Redevelopment Agency (CRA) has successfully undertaken numerous redevelopment and infrastructure projects to remove and prevent blight within the Community Redevelopment Areas. The substantial list of projects undertaken within the Urban Core Community Redevelopment Area includes: Community Maritime Park Development, Plaza DeLuna Park and Berths, Commendencia Slip Improvements, Main Street ECUA Sewage Treatment Plant relocation, Palafox Pier Redevelopment, S. Palafox Breakwater Cap, South Palafox Property Redevelopment, Aragon Court Redevelopment, South Palafox Streetscapes, North Palafox Parkway Improvements, Jefferson Street Streetscape, Dr. Martin Luther King, Jr. Plaza , S. Alcaniz Streetscape, Seville Square Improvements, Plaza Ferdinand Improvements, Palafox Place Commercial Façade Improvements, North Palafox Parking Lot, Garden Street Median Improvements, Henry Wyer Park, Belmont/Devilliers Streetscape.
The CRA has responsibility for maintaining the improvements it constructs when they increase the maintenance levels above those required of the City prior to the improvements. Regular maintenance of these improvements is handled by the City Parks and Recreation Department under the Landscape Maintenance Interlocal Agreement between the CRA and City of Pensacola. However, due to age and/or weathering, additional maintenance above and beyond what is normally provided through the Interlocal is needed. In some instances, replacement of improvements is warranted. Items in need of replacement include benches, bollards and trash receptacles at waterfront locations, such as Plaza DeLuna. Railings, benches, trash receptacles and streetlights in several locations require repainting.
A total of $100,000 has been approved in the FY 2017 budget for maintenance over and above what is appropriated under the Landscape Maintenance Interlocal Agreement. This amount is not sufficient to cover the estimated $320,000 in cost to undertake the identified additional maintenance/replacement work items. To perform this maintenance and prevent the return of blight in the Urban Core, it is recommended that $220,000 of the $470,432 net proceeds derived from the sale of the CRA property at 150 S. Baylen Street be appropriated for these expenses.
Additionally, the Friends of Downtown Pensacola, a not for profit group, has requested funds for decorative downtown lighting for the Festival of Lights during the 2017 Christmas season. It is anticipated that this enhancement will support economic vibrancy in the Urban Core. It is recommended that $25,000 from the S. Baylen Street sale proceeds be allocated to this project. It is further recommended that the remaining balance of the proceeds from sale of the property be appropriated to the Community Redevelopment Agency Fund contingency account for future needs.
PRIOR ACTION:
April 10, 2017 - The Community Redevelopment Agency awarded a contract for sale of 150 S. Baylen Street.
April 13, 2017 - City Council approved the Community Redevelopment Agency’s recommendation to award a contract for sale of 150 S. Baylen Street.
August 7, 2017 - The Community Redevelopment Agency adopted Resolution No. 2017-8 CRA adopting a budget for the fiscal year beginning October 1, 2017.
September 20, 2017 - City Council adopted Resolution No. 17-63 adopting a final budget for the fiscal year beginning October 1, 2017.
FUNDING:
Budget: $100,000 FY 2018 CRA Fund Budget
470,432 From Proceeds of sale of 150 S. Baylen St
$570,432
Actual: $320,000 Maintenance/Replacement Work Items
25,000 Festival of Lights
225,432 Contingency
$570,432
FINANCIAL IMPACT:
Approval of the supplemental budget resolution will appropriate the additional funds necessary for the unfunded maintenance of CRA constructed improvements, funding for the Festival of Lights, as well as provide a contingency for future needs.
CITY ATTORNEY REVIEW: Yes
9/28/2017
STAFF CONTACT:
M. Helen Gibson, CRA Administrator
Don Kraher, Council Executive
ATTACHMENTS:
1) Supplemental Budget Resolution No. 17-72
2) Supplemental Budget Explanation No. 17-72
3) FY 2018 Unfunded Maintenance List
4) Photos of Aging Improvements
PRESENTATION: No end