5. EXPIRATION OF CRA. The CRA shall expire on September 30, 2038. The

Community Redevelopment Agency · 2026-05-19 · agenda_item

The Community Redevelopment Agency (CRA) of the City of West Melbourne is planned for expiration on September 30, 2038. The City and County will take steps to end the CRA on that date. This includes changing or canceling any local laws that created the CRA and its trust fund. After the expiration date, the County will no longer need to put tax money into the CRA. This process is currently under review. The actions required will involve legal and administrative work to formally close the agency and its financial accounts. Local businesses involved in legal services, government administration, and financial services may be impacted by these upcoming changes.