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Minutes for FPRA Budget Hearing - 5:05 pm

MINUTES OF A SPECIAL MEETING OF THE FORT PIERCE REDEVELOPMENT AGENCY, HELD IN THE CITY HALL COMMISSION CHAMBERS, 100 NORTH U.S. #1, FORT PIERCE, FLORIDA, AT 5:05 P.M. ON MONDAY, SEPTEMBER 12, 2016.
 
1.
CALL TO ORDER

Chairwoman Hudson called the meeting to order at 5:05 p.m.
 
2.
PLEDGE OF ALLEGIANCE
 
3.
ROLL CALL
Present:
Chairperson Linda Hudson; Commissioner Rufus Alexander; Commissioner Edward Becht; Commissioner Thomas Perona
Absent:
Commissioner Reginald Sessions
Staff Present:
  • City Clerk Linda W. Cox
  • City Manager Nicholas Mimms
  • City Attorney James Messer
  • Planning & Urban Redevelopment Director Rebecca Grohall
 
4.
COMMENTS FROM THE PUBLIC
Any person who wishes to comment on any subject on this agenda may be heard at this time. Please limit your comments to three (3) minutes or less, as directed by the Chairperson, as this section of the Agenda is limited to fifteen minutes. The FPRA Board will not be able to take any official actions under Comments from the Public. Speakers will address the Chairperson, Board Members, and the Public with respect. Inappropriate language will not be tolerated. Sign-up sheet is located in the lobby.

There were no comments from the public.
 
5.
NEW BUSINESS
 
a.
Approval of Fort Pierce Redevelopment Agency Proposed FY2016-2017 Budget.

Finance Director Johnna Morris gave a brief presentation indicating that the FPRA budget is balanced at $5,918,655.00.   There was a 6.92% increase in taxable value in the FPRA area generating $733,864 more in ad valorem revenue than last fiscal year.  Additionally, we refunded the debt which decreased our annual obligations by $437,000.
 

Motion was made by Commissioner Edward Becht, seconded by Commissioner Rufus Alexander to approve the proposed FY2016-17 budget.

AYE:
Chairperson Linda Hudson, Commissioner Rufus Alexander, Commissioner Edward Becht, Commissioner Thomas Perona
Other:
Commissioner Reginald Sessions (ABSENT)

Passed

 
6.
BOARD COMMENTS
 
7.
ADJOURNMENT

There being no other business, the Chairwomen Hudson adjourned the meeting at 5:11 p.m.
ATTEST:
 
________________________________                                          
CITY CLERK
__________________________________
CHAIRPERSON