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Cape Canaveral CRA reports $757M valuation; resident urges tracking of ‘Civic Hub’
Summary
At a Dec. 16 special meeting the City of Cape Canaveral CRA presented its FY 2024–25 annual report showing an assessed valuation of about $757 million and a project budget near $3 million; a resident urged the board to track long‑running projects such as the Civic Hub, while staff said no Civic Hub funds are currently budgeted.
The City of Cape Canaveral Community Redevelopment Agency presented its FY 2024–25 annual report at a special meeting Dec. 16, reporting an assessed valuation of about $757,000,000 and a current CRA project budget of roughly $3,000,000.
The presenter summarized completed and carry‑forward work, saying City Park redevelopment will be carried forward, the Presidential Street master plan is past design and will go to construction bid Q1 2026, and the City’s fire and rescue station and City Park concession stand were completed. The presenter said the incentive grant program was increased from $50,000 to $75,000 and that roughly $43,000 in applications had been received to…
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