Community Redevelopment Agency (CRA)

Public Purpose

To take responsibility of studying conditions in the City of Sarasota, Florida and making recommendations to the City Commission pertaining to any actions necessary to improve conditions in the City, including implementation of the provisions of Part III, Chapter 163, Florida Statutes (the "Redevelopment Act").

Overview

Community Redevelopment Area Plans and 2020 Plan Update

• Governing Body: City Commission
• Appointing Authority: City Commission
• Website: n/a
• Fiscal Year: October 1 - September 30
  • 2024 Annual Financial Report(PDF, 3MB)
  • All CRA Budgets, Budget Resolutions, Amendments, and Annual Financial Reports
• Meeting Agendas & Materials

Details

• Active or Inactive: Active
• Status: Dependent
• Local Governing Authority: City of Sarasota
• Function(s): Community Redevelopment
• Date Created/Established: September 22, 1986
• Charter including Creation Documents & Boundaries:
  • Sarasota County Resolution 86-444 (09/22/86) (designating City Commission as governing body of CRA)
  • City Resolution 06R-1901 (06/05/2006) (finding Newtown as a blighted area)
  • City Ordinance 08-4821 (06/02/2008) (expanding CRA to include Newtown area with NCRA base valuation of Jan 1, 2007)
  • City Ordinance 08-4828 (07/21/2008) (resetting NCRA base valuation date from Jan 1, 2007 to Jan 1, 2008)
  • Resolution No. 08R-2037 (05/19/2008) (adopting Newtown Community Redevelopment Plan)
  • City Ordinance 17-5227 (09/18/2017) (resetting NCRA base valuation date to Jan 1, 2017)
• Statutory Authority: Chapter 163, Part III, Florida Statutes
• Governing Body: Same as Local Governing Authority
• Authority to Issue Bonds: Yes
• Revenue Source: Tax Increment Financing
• Adopted Code of Ethics: n/a - Chapter 112, Part III, Code of Ethics for Public Officers and Employees