TO: CRA Board of Commissioners
FROM: Lori Hayward, Finance and Operations Director
THROUGH: Jeff Costello, CRA Executive Director
DATE: May 14, 2019
Title
CRA FINANCIAL REPORT - March 2019
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Recommended Action:
Recommendation
Receive and File.
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Background:
Attached are the March 2019 Financial Statements [1] Statement of Net Assets and [2] Statement of Activities with Budget vs. Actual (YTD). Below are highlights of significant activities that occurred during the month of March:
1. West Atlantic Redevelopment-Legal Fees-W Atlantic Redevelopment (G/L #5140) - Payments totaling $10,479 were made to Goren, Cherof, Doody & Ezrol, PA for legal fees which include $8,349 for negotiations with BH3 Management, LLC.
2. Downtown-DB-Master Plan-Downtown Trolley (G/L #5230) - A first quarter payment in the amount of $93,090 was made to the City of Delray Beach for the trolley services
3. Redevelopment Sites-Maintenance (G/L #6303) - Payments totaling $16,289 were made to the following vendors for maintenance services:
· Sod Unlimited, Inc. - $8,684
· Island Air Conditioning. - $3,561
· MacLaren Signs Co., LLC - $2,011
· Carson Fence- $273
· Trust the Process Mobile Detailing, Inc. - $350
· Raymond Graves $ Sons Construction- $905
· Hulett Environmental Services, Inc.- $450
· Miscellaneous - $55
4. Redevelopment Sites-Property Insurance (G/L #6310) - A third payment in the amount of $26,154 was made to Florida Municipal Insurance Trust.
5. Affordable/Workforce Housing- Land Acquisition - (G/L #6513) - A payment in the amount of $94,249 was made for acquisition of a property located at 242 NW 6th Avenue
6. City Contractual Services- Planning, IT, and Parking Manager- (G/L #7331) - A first quarter payment in the amount of $27,500 was made to the City of Delray Beach.
7. City Contractual Services- Code Officer (NW/SW Neighborhoods)- (G/L #7332) - A first quarter payment in the amount of $16,415 was made to the City of Delray Beach for the positio...
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