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CRA reviews HACRA and Lincolnville budgets; commissioners back raising Fix It Up cap to $100,000 in principle

Community Redevelopment Agency · August 22, 2024
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Summary

Staff presented FY24–25 HACRA and Lincolnville CRA budgets, detailing revenue sources and proposed allocations; commissioners signaled support for raising the Fix It Up per-applicant cap from $50,000 to $100,000 and discussed associated lien-period changes and legal risks for title clearing.

City staff presented proposed fiscal-year 2024–25 budgets for the Historic Area Community Redevelopment Area (HACRA) and the Lincolnville Community Redevelopment Area, outlined line-by-line revenue assumptions and discussed program allocations including mobility, open space and historic-preservation projects.

Jamie Perkins, Neighborhood Services and CRA Manager, said HACRA new revenues are projected at $3,081,443 (including $1,456,435 in St. Augustine tax-increment financing and $903,708 in St. Johns County TIF), plus a moved $671,300 grant from Lincolnville, producing a combined HACRA revenue (with carry-forward) staff calculated at $3,593,731. Perkins described allocations that include $162,288 for a Cordova Street study and design, $200,000 for mobility improvements,…

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