06-02-2026 Agenda Packet

CRA Meeting · 2026-06-02 · agenda_packet

[1 N. Bluford Avenue, Ocoee, Florida] The Ocoee Community Redevelopment Agency (CRA) held a regular meeting on March 3, 2026. Key updates included Duke Energy beginning the design process for undergrounding utilities from SR 50 to Delaware Street for the Bluford Avenue Streetscape, with a phased approach being evaluated for the section from Delaware Street to Geneva Street and Geneva Street to Maine Street. The CRA Administrator also announced that a decision to expand and extend the Ocoee CRA was deferred by County leadership until after the 2026 Florida legislative session. Public comments were not received. The meeting also included the introduction of the new Development Services Director, Nick Lepp, and the approval of minutes from the December 2, 2025 meeting. The 2025 Annual Report was presented, highlighting key statistics, awards, accomplishments, and new businesses within the CRA. [1 North Bluford Ave, Ocoee, Florida 34761] The Ocoee Community Redevelopment Agency (CRA) is amending its Fiscal Year 2025-2026 budget. The amendment increases total revenues by $495,219.81 due to higher than estimated Tax Increment Financing (TIF) revenues ($192,647.05 increase), increased interest earnings ($25,438.13 increase), and FEMA/FDEM reimbursement for hurricane repairs ($43,701.63). The CRA proposes to add the TIF revenue increase to the Reserve for Contingency and the cash balance increase to Fund 131, Capital Improvements, specifically for the Bluford Avenue Streetscape project. A resolution (Resolution No. 2026-001) to adopt these budget amendments was scheduled for the June 2, 2026, CRA Board meeting. The CRA also confirmed that it operated a Property Assessed Clean Energy (PACE) program within its boundaries, though there are no active agreements at this time. The CRA reported 0 employees and 6 independent contractors for the fiscal year. Total compensation paid to independent contractors was $368,108. The CRA approved a construction project, the Maguire Road intersection improvement, with a total cost of $830,616.