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Edgewater CRA adopts $641,870 preliminary budget, shifts county funds to East Park Avenue and approves 114 North Riverside purchase
Summary
The Edgewater Community Redevelopment Agency approved a preliminary FY2025–26 budget of about $641,870, adopted an amendment reallocating county funds to the East Park Avenue streetscape and land acquisition (including adding $60,000), and authorized the purchase of 114 North Riverside Drive for $675,000 to advance the Main Street vision.
The Edgewater Community Redevelopment Agency board voted unanimously to adopt a preliminary FY2025–26 budget and to reallocate county funds toward infrastructure and land acquisition projects intended to advance the city’s Main Street/East Park Avenue plan.
Staff member (the CRA staff presenter) told the board, “The Community Redevelopment Agency is proposed to generate roughly $641,870 next year,” and said $433,591 of that total are the city’s funds while about $208,000 come from Volusia County. Staff proposed using the city-allocated funds for small- and large-scale façade grants and for purchasing properties to support the Main Street vision.
The board also approved a budget amendment that condenses county money and directs it toward construction of the East Park Avenue streetscape and adds $60,000 for land acquisition by reducing the small-scale façade grant line, according to the staff report. The amendment lists planned property acquisitions at 104 North Park Place, 114 North Riverside Drive and 123 East Park Avenue as priorities tied to the streetscape plan.
Committee member (Speaker 3) moved to approve the preliminary budget; the motion was seconded and carried on a roll-call vote. The roll call recorded votes as: Chairman DePauw — Yes; Missus Gillis — Yes; Mister Thomas — Yes; Missus Zalbel — Yes; Mister Rainbird — Yes.
On a related agenda item, the board authorized the city to proceed with purchase of 114 North Riverside Drive for $675,000. Staff said they have a contract under for the parcel and that the acquisition “meets the intent for the vision plan for East Park Avenue.” During discussion a board member noted the property might be the original home of Dr. Hawkes; staff said they are verifying the building’s history via archived Daytona Beach News-Journal articles and will include historic-preservation considerations as part of the Main Street work.
The board’s actions create funding and authorization to proceed with property acquisitions and streetscape work; next steps include completing property closings and any required preservation review or permitting tied to the East Park Avenue project.
