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Community Redevelopment Agency Board Meeting of June 2, 2026 packet 2026-06-02
[534 Oak Avenue, 541 Oak Avenue, and an unaddressed parcel on Oak Avenue] The Panama City Community Redevelopment Agency (CRA) Board considered and approved the application submitted by Golden Developments, LLC, for the Panama City Tax Increment Rebate Program. The application pertains to properties located at 534 Oak Avenue, 541 Oak Avenue, and an unaddressed parcel on Oak Avenue. The Board authorized the CRA Executive Director to execute a performance agreement. The meeting also addressed the Redevelopment Site Preparation Grant Program and the Amended Commercial Property Improvement (CPI) Grant Program for the Millville CRA District. The Panama City Community Redevelopment Agency (CRA) Board approved the Redevelopment Site Preparation Grant Program, including its guidelines, application, grant agreement, and repayment agreement. Key decisions made during the May 5, 2026 meeting included rewording eligibility for purchase agreements, allowing permit fees as eligible activities, capping awards at 20% of the project budget with a maximum of $100,000 (with exceptions for board consideration), approving a 0% repayable loan option for non-profits doing affordable housing, and establishing that the board will determine funding awards per application for FY2026 and future years. Minimum project budget thresholds were set at $500,000 for commercial projects and $150,000 for residential projects. Demolition and site preparation work must commence within six months, followed by vertical construction within six months, with failure to comply potentially leading to repayment over 24 months. The program is designed to assist with demolition, debris removal, site preparation, and other eligible activities necessary to prepare properties for new development or substantial reinvestment within the Downtown, Downtown North, Millville, and St. Andrews CRA Districts. Eligible applicants include for-profit property owners, developers/purchasers with purchase agreements, and non-profit organizations. All eligible work must be performed by licensed contractors, with a minimum of three competitive written quotes required for work exceeding $3,499. [Millville CRA District] The Panama City Community Redevelopment Agency (CRA) Board approved the amended Commercial Property Improvement (CPI) Grant Program Guidelines for the Millville CRA District for Fiscal Year 2025-2026. The amendment expands eligibility to all eligible commercial properties within the Millville CRA District boundaries, moving away from the previous focus solely on the U.S. 98/E. 5th Street corridor. The program will continue to offer up to ten grants of up to $15,000 each, for a total program allocation of $150,000. Eligible work includes exterior painting, repairs, façade enhancements, windows, doors, signage, awnings, lighting, landscaping, parking lot/sidewalk upgrades, murals, and other visible exterior improvements. The program aims to encourage exterior improvements to commercial buildings to enhance appearance, support property maintenance, reduce blight, and strengthen reinvestment. Grants are awarded on a first-come, first-served basis, subject to funding availability. All contractors must be licensed in Bay County. [724 & 728 Magnolia Avenue] The Panama City Community Redevelopment Agency (CRA) Board approved an amendment to the performance agreement between the CRA and Wilson Avenue Redevelopment, LLC, for a TIF Rebate Incentive on the development of 724 & 728 Magnolia Avenue. The board approved the amendment with a 4-0 vote. [534 Oak Avenue, 541 Oak Avenue, and an unaddressed parcel on Oak Avenue] Golden Developments, LLC, is approved for the Panama City Tax Increment Rebate Program for three properties located at 534 Oak Avenue, 541 Oak Avenue, and an unaddressed parcel on Oak Avenue. The project involves the redevelopment and expansion of an existing approximately 7,500-square-foot pre-engineered metal building (PEMB) into an improved commercial facility. This includes a 2,200-square-foot PEMB addition for retail space, a complete exterior façade redesign, and the development of a laydown yard and covered storage area. The project aims to revitalize a deteriorated building for commercial, retail, and office space. The Executive Director recommended approval, and the City will enter into a Performance Agreement with an award rate of 80%, not to exceed $337,101.78, for a duration not to exceed 15 years. The project is located in the CRA's Downtown North District. The office and commercial areas are expected to be complete by 5/31/2026, with BGN Contractors moving in. The retail space addition is expected to be complete by 12/31/2026. The property at 541 Oak Avenue is retail space with a laydown yard and is complete. The unaddressed parcel work is also complete.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Packet
- Decision:
- Approved
- Address:
- 534 Oak Avenue, 541 Oak Avenue, and an unaddressed parcel on Oak Avenue
- Applicant:
- Golden Developments, LLC
ED REVIEW - 534 OAK AVE - APPROVED.PDF
Community Redevelopment Board listed this item on its agenda for 2026-06-02 in City of Panama City. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
I. DEFINITIONS
The City of Panama City Community Redevelopment Agency is reviewing applications for its Tax Increment Rebate Program. This program supports private sector development within designated Community Redevelopment Districts. Applicants propose projects and, if approved, may receive rebates on certain taxes paid. The program involves agreements between the City and the applicant, outlining obligations for both parties. The review process is currently in its early stages, with applications being considered for participation. If approved, projects could involve site preparation, construction, equipping, and furnishing. This presents an opportunity for local contractors, suppliers, and service providers to engage with developers early in the planning process. Reaching out before site plans, bids, and permits are finalized could offer a competitive advantage.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
II. RECITALS
The Panama City Community Redevelopment Agency is considering a Tax Increment Rebate program to encourage private investment within its Community Redevelopment Districts. This program aims to revitalize targeted areas by reducing development costs for private projects. The agency is working with Golden Developments, LLC, on a specific performance agreement for the redevelopment of a subject parcel. This initiative is currently under review as part of the city's broader economic development and recovery strategies. The project would likely involve site preparation, construction, and related trades, driven by private sector investment spurred by the rebate program. Local contractors, suppliers, and service providers are encouraged to engage early to understand the program's details and potential opportunities as plans develop.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
- Applicant:
- Golden Developments, LLC
IV. RECORDING AND EFFECTIVE DATE
Community Redevelopment Board listed this item on its agenda for 2026-06-02 in City of Panama City. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
R. Gage Golden
Golden Developments has purchased three parcels of land located at 534 Oak Ave, 541 Oak Ave, and an unaddressed parcel between 541 and 537 Oak Ave. The properties were in disrepair and are undergoing revitalization. The project involves extensive site work, including debris removal, grading, and demolition at 541 Oak Ave, with new fencing, irrigation, and landscaping installed. At 534 Oak Ave, the office area has been gutted and remodeled to include 8 offices, a kitchen, 3 bathrooms, a conference room, lobby, and superintendent suite, along with security and video conferencing systems. A new 2,200 square foot PEMB structure has been added for retail space, with concrete poured and waterproofing ongoing. The 541 Oak Ave property is now fully operational as retail space with a laydown yard. The unaddressed parcel work is also complete. This project is currently in the construction and renovation phase, with office and commercial areas at 534 Oak Ave expected to be complete by May 31, 2026, and the retail addition by December 31, 2026. Contractors, suppliers, and service providers in site preparation, demolition, concrete, electrical, HVAC, plumbing, carpentry, painting, flooring, roofing, landscaping, and security systems could find opportunities. Early engagement before final permits and bids are settled may offer a competitive advantage.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
- Address:
- 534 Oak Ave
- Applicant:
- Golden Developments, LLC
TIF PERFORMANCE AGREEMENT 534 OAK AVE.PDF
Community Redevelopment Board listed this item on its agenda for 2026-06-02 in City of Panama City. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
V. ASSIGNMENT OF DEVELOPMENT RIGHTS, OBLIGATIONS AND AWARDS
This item concerns the Community Redevelopment Board's acknowledgment of an owner's right to assign development rights and obligations for a property. The owner can transfer the entire agreement, including TIF Rebate Program awards, to a new owner and developer. This new party must agree to develop the property as outlined in the existing agreement. The Community Redevelopment Board has given advance consent for assignments to entities where a current party holds an ownership stake. This process is currently under review. The potential for future development work could involve site preparation, construction, and related trades, depending on the assignee's plans. Local contractors, suppliers, and service providers are encouraged to engage early to understand potential future needs as this assignment process moves forward.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
VI. DISPUTE RESOLUTION
This item concerns a dispute resolution process for an agreement involving the Community Redevelopment Board (CRA) of the City of Panama City. The process includes steps for notifying an owner of a breach of contract, followed by a mandatory mediation period to resolve any disputes. If mediation fails, parties may pursue legal action in the Circuit Court of the Fourteenth Judicial Circuit in Bay County. This item is currently under review as part of the dispute resolution process. The work involved is primarily legal and administrative, focusing on contract compliance and mediation. Local businesses that could be involved include legal services specializing in contract law and mediation services. Early engagement with the CRA or parties involved in the agreement may provide opportunities to understand the process and potential needs.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
- Address:
- Bay County, Florida
VII. NOTICES
This item concerns an agreement between R. Gage Golden and the Panama City Community Redevelopment Board. The agreement outlines how official notices will be delivered between the parties. It specifies methods like certified mail, overnight delivery, telefax, and hand delivery, along with contact addresses and phone numbers for both R. Gage Golden and the Panama City-CRA DEPARTMENT. This item is currently under review as part of the agreement process. While no specific construction project is detailed, such agreements often precede or support future development activities. Businesses involved in legal services, property management, and general administrative support may find opportunities related to the formalization and execution of such agreements. Early engagement with parties involved in these agreements can provide insight into potential future needs.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
- Address:
- 367 Cannonball Ln, Inlet Beach, FL 32461
- Applicant:
- R. Gage Golden
VIII. MISCELLANEOUS
The City of Panama City Community Redevelopment Agency (CRA) is reviewing an agreement related to its Tax Increment Award program. This program provides financial awards to recipients for redevelopment projects. The agreement outlines terms for disbursement requests, including requirements for tax payments and annual claims. The CRA is involved in managing these agreements and disbursing funds. This process is currently under review, indicating an early stage in potential future projects. The scope of work would involve the administration and execution of these award agreements, potentially leading to future construction or redevelopment activities funded by these awards. Contractors, suppliers, and service providers should monitor future announcements regarding specific projects that may arise from these redevelopment efforts. Early engagement with the CRA could provide insights into upcoming opportunities as projects are identified and approved.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
- Address:
- 501 Harrison Avenue, Panama City, FL, 32401
a. Board Decisions:
Community Redevelopment Board listed this item on its agenda for 2026-06-02 in City of Panama City. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
a. Brings non -compliant structures or nuisance structures into compliance
Community Redevelopment Board listed this item on its agenda for 2026-06-02 in City of Panama City. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
a. CRA Administrative Technician Lori Sagehorn called the roll, with the
Community Redevelopment Board listed this item on its agenda for 2026-06-02 in City of Panama City. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
a. Chairman Allan Branch moved to approve the minutes for the April 7, 2026,
Community Redevelopment Board listed this item on its agenda for 2026-06-02 in City of Panama City. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
a. Chairman Allan Branch moved to approve, and Board member Robbie
The Panama City Community Redevelopment Agency (CRA) is proposing a new Redevelopment Site Preparation Grant Program. This program aims to help move redevelopment projects forward by providing financial aid for demolition, debris removal, site clearing, grading, and environmental assessments. The program is planned for eligible property owners and developers within the Downtown, Downtown North, Millville, and St. Andrews CRA Districts. The program is currently under review and, if approved, will be ready for immediate implementation. This initiative will likely involve site clearing and grading, demolition, debris hauling, and potentially environmental remediation. Contractors, suppliers, and service providers in site preparation, demolition, environmental services, and general construction could find opportunities. Reaching out early to understand the program guidelines and application process before formal bids are established offers a competitive advantage.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
- Address:
- Downtown CRA District
a. Chairman Allan Branch moved to approve, and Board member Robbie
Community Redevelopment Board listed this item on its agenda for 2026-06-02 in City of Panama City. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
a. Construction of public works or improvements
The Community Redevelopment Board of the City of Panama City is considering a proposal for the construction of public works or improvements. This item is currently under review by the board. The project is expected to involve site clearing and grading, followed by underground utility work and potentially road and driveway paving. Depending on the final scope, there may also be needs for vertical construction, mechanical and finish trades, and final landscaping. Local contractors, trades, suppliers, and service providers are encouraged to monitor this item as it progresses through the review process. Early engagement could provide an advantage as plans and permits are developed.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
a. Creating a variety of housing opportunities to increase the number of
The Community Redevelopment Board of the City of Panama City is considering a proposal to create a variety of housing opportunities. The goal of this initiative is to increase the number of residents in the area. This item is currently under review by the board. If approved, the project could involve site preparation, utility work, and the construction of new housing units. This early stage presents an opportunity for local contractors, trades, suppliers, and service providers to engage with the project. Reaching out now, before detailed plans and permits are finalized, allows businesses to understand the project's scope and potentially secure future work.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
a. Executive Director Jonathan Hayes stated that staff would like to swap
Community Redevelopment Board listed this item on its agenda for 2026-06-02 in City of Panama City. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- Community Redevelopment Board
- Date:
- 2026-06-02
- Type:
- Agenda_item
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