SUBJECT:
Title
Request Approval and Authorization to Submit and Advertise the Silver Springs Community Redevelopment Area Fiscal Year 2024-2025 Annual Report - (Budget Impact - Neutral)
Body
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INITIATOR: |
DEPARTMENT: |
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Christopher Rison, Senior Planner |
Growth Services |
DESCRIPTION/BACKGROUND:
The Marion County Community Redevelopment Agency (Agency) must file an Annual Report (Report) summarizing the Silver Springs Community Redevelopment Area’s (CRA’s) annual activities with the jurisdiction responsible for creating the CRA and each contributing taxing authority pursuant to §163.371(2), F.S. The Marion County Board of County Commissioners is the jurisdiction responsible for the creation of the Silver Springs CRA and only contributing taxing authority for the Silver Springs CRA.
Staff has prepared and attached the Silver Springs CRA Fiscal Year (FY) 2024-2025 Annual Report. As the Silver Springs CRA was established in 2013, its initial funding occurred with FY 2014-15, and operations have previously been limited due to the initial CRA funding levels. With FY 2024-2025, the CRA continued to contract for an annual Community Policing Special Detail staffed by the Marion County Sheriff’s Office. The CRA also awarded a Building Façade & Improvement Grant to Marion County Community Services related to the demolition of the former Silver Springs Manor and RV Park hotel buildings to clear the former hotel building in preparation to offer the site for redevelopment.
Staff recommends the Board approve the FY 2024-25 Annual Report and authorize staff to submit the Report to the Marion County Clerk of Court as required by §163.356(3)(c) F.S.
BUDGET/IMPACT:
Neutral, advertising funded as part of FY 2025-2026 Budget.
RECOMMENDED ACTION:
Recommended action
Motion to approve the attached Silver Springs CRA FY 2024-2025 Annual Report and authorize staff to submit and advertise the Report as required by §163.372(2), F.S.
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