Kendal Drake, Drake Construction, spoke on the value of the project and proposed
improvements. He encouraged the CRA Committee to support the proposed
development project.
Motion to approve CRA25-0001 in a match amount of 5.5% in an amount not to exceed
$211,918 with a payback period of 7.3 years.
RESULT:
APPROVED
MOVER:
Elgin Carelock
SECONDER: Carolyn Adams
AYE:
Adams, Chairman Brooks, Carelock, Hunt, and Fritz
Landers, Vice Chairman Reed, and Thomas
ABSENT:
CRA24-45841 - 650 NW 5th Street
b.
Attachments:
Economic Development Specialist Marie Mesadieu discussed a grant application for the
property located at 650 NW 5th Street. The applicant is proposing to construct a
single-family home with three (3) bedrooms and two (2) baths. The lowest bid received
for the project amounts to $159,900.00. Staff recommends approval of a grant in an
amount not to exceed $20,000.00.
Member Antoinette Hunt recused herself from the vote, as she is the applicant. Ms. Hunt
discussed her interest in pursuing development projects in the area.
Motion to approve CRA24-45841 in an amount not to exceed $20,000.00.
RESULT:
APPROVED
MOVER:
Elgin Carelock
SECONDER: Carolyn Adams
AYE:
Adams, Chairman Brooks, Carelock, and Fritz
ABSENT:
RECUSED:
Landers, Vice Chairman Reed, and Thomas
Hunt
5.
6.
Project Updates
Economic Development/Cultural Arts Coordinator Charlita Whitehead provided a brief update
on the following projects: Reed Place Brownfields Revitalization Plan, four surplus lots
(affordable housing in West Ocala) that are currently available for sale, and Tucker Hill.
Other Business
There being no further discussion the motion carried by roll call vote.
RESULT:
APPROVED
MOVER:
Elgin Carelock
SECONDER: Barbara Brooks
AYE:
Adams, Chairman Brooks, Carelock, Hunt, and Fritz
Landers, Vice Chairman Reed, and Thomas
ABSENT: