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CRA approves up to $61,111 for renovation at 110 North Beach Street

5502510 · July 30, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Daytona Beach Community Redevelopment Agency approved using tax increment funds and a 0% interest loan to renovate 110 North Beach Street; staff clarified the total and loan-match requirements after a public comment urged recapture protections.

The Daytona Beach Community Redevelopment Agency on March 19 approved the expenditure of tax increment funds through its 0% interest loan commercial improvement incentive program to renovate a building at 110 North Beach Street, voting 7-0.

The resolution as presented referenced $50,000 for improvements, but Redevelopment and Neighborhood Services staff told the agency the correct total is $61,111, saying it…

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