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File #: 18-0123 CRA    Version: 1 Name:
Type: CRA Report Status: Agenda Ready
File created: 9/5/2018 In control: Community Redevelopment Agency
On agenda: 9/11/2018 Final action:
Title: CRA FINANCIAL REPORT - JULY 2018
Attachments: 1. Agenda Cover Report, 2. Exhibit A - CRA July 2018 Financial Statements
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO: CRA Board of Commissioners
FROM: Lori Hayward, Finance and Operations Director
THROUGH: Jeff Costello, CRA Executive Director
DATE: September 11, 2018

Title
CRA FINANCIAL REPORT - JULY 2018

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Recommended Action:
Recommendation
Receive and File.

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Background:
Attached are the July 2018 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 July:

1. West Atlantic Redevelopment-Land Acquisition (G/L #5115)- Payments totaling $759,615 were made for the following:
· Purchase of property located at the northeast corner of W. Atlantic Avenue & NW 11th Avenue - $497,865
· Purchase of property located at 51 NW 9th Avenue - $259,950
· Global Environmental Services- $1,800
1. Downtown-DB-Master Plan- OSS Facility (CIP) (G/L #5201) - A payment in the amount of $18,570 was made to the City of Delray Beach for sod replacement for OSS Park.

2. Downtown-DB-Master Plan- (TIF) - OSS Building Maintenance (G/L #5202) - A payment in the amount of $372,574 was made to the City of Delray Beach for a new HVAC system for OSS buildings.

3. Downtown-DB-Master Plan- South FL Transit-Oriented Development (G/L #5233) - A payment in the amount of $10,000 was made to the City of Delray Beach for planning services by the Treasure Coast Reginal Planning Council associated with the future Delray Beach Tri-Rail Coastal Link station.

4. Downtown-DB-Master Plan- Project Development/Implementation (CIP) (G/L #5239) - A payment in the amount of $11,669 was made to Calvin, Giordano & Associates for engineering services associated with the sewer main design at NE 3rd Street & NE 3rd Avenue.

5. Redevelopment Sites-Maintenance (G/L #6303)- Payments totaling $16,488 were made to the following vendors for maintenance services at CRA properties:
· Sod Unlimited, Inc.- $10,959
· Brad’s Roofing Company, Inc.- $3,500
· Ray Graeve & Sons Const...

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