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Agenda 03/26/2024 Item #16L 1 (To review and approve the 2 2023 Annual Reports for each of the community redevelopment component areas)03/26/2024 EXECUTIVE SUMMARY Recommendation that the Collier County Community Redevelopment Agency and the Board of County Commissioners review and accept the 2023 Annual Reports for the two community redevelopment component areas: Bayshore Gateway Triangle and Immokalee and publish the reports on the appropriate websites. ___________________________________________________________________________ OBJECTIVE: To review and approve the two 2023 Annual Reports for each of the community redevelopment component areas and publish the reports on the appropriate websites (www.Bayshorecra.com and www.Immokaleecra.com) as required. CONSIDERATIONS: As required by Florida law, specifically Subsection 163.371(2) Beginning March 31, 2020, and not later than March 31 of each year thereafter, a community redevelopment agency shall file an annual report with the county or municipality that created the agency and publish the report on the agency’s website. The report must include the following information: (a) The most recent complete audit report of the redevelopment trust fund as required in s.163.387(8). If the audit report for the previous year is not available by March 31, a community redevelopment agency shall publish the audit report on its website within 45 days after completion. (b) The performance data for each plan authorized, administered, or overseen by the community redevelopment agency as of December 31 of the reporting year, including the: 1. Total number of projects started and completed and the estimated cost for each project. 2. Total expenditures from the redevelopment trust fund. 3. Original assessed real property values within the community redevelopment agency’s area of authority as of the day the agency was created. 4. Total assessed real property values of property within the boundaries of the community redevelopment agency as of January 1 of the reporting year. 5. Total amount expended for affordable housing for low-income and middle-income residents. (c) A summary indicating to what extent, if any, the community redevelopment agency has achieved the goals set out in its community redevelopment plan. Attached are the Bayshore Gateway Triangle Community Redevelopment Area (BGTCRA) and Immokalee Community Redevelopment Area (ICRA) 2023 Annual Reports as Exhibi ts A and B. These reports provide a detailed description of the yearly activities of the areas. Pursuant to Subsection 163.387(8), a financial audit of the 2023 CRA trust funds is performed within the Collier County’s Annual Comprehensive Financial Report (ACFR) and is not a part of these reports. Access to the ACFR is provided on the websites and shall be published on the website within 45 days of completion. FISCAL IMPACT: There is no fiscal impact associated with the approval of this item. GROWTH MANAGEMENT IMPACT: None. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality and requires majority vote for approval. -JAK RECOMMENDATION: Recommendation that the Collier County Community Redevelopment Agency 16.L.1 Packet Pg. 1851 03/26/2024 and the Board of County Commissioners review and accept the 2023 Annual Reports for the two community redevelopment component areas: Bayshore Gateway Triangle and Immokalee and publish the reports on the appropriate websites. Prepared by: Christie Betancourt, ICRA Program Manager ATTACHMENT(S) 1. Exhibit A BGTCRA 2023 Annual Report Final (PDF) 2. Exhibit B ICRA 2023 Annual Report Final (PDF) 16.L.1 Packet Pg. 1852 03/26/2024 COLLIER COUNTY Board of County Commissioners Item Number: 16.L.1 Doc ID: 28214 Item Summary: Recommendation that the Collier County Community Redevelopment Agency and the Board of County Commissioners review and accept the 2023 Annual Reports for the two community redevelopment component areas: Bayshore Gateway Triangle and Immokalee and publish the reports on the appropriate websites. Meeting Date: 03/26/2024 Prepared by: Title: Administrative Assistant – Immokalee CRA Name: Christie Betancourt 03/12/2024 9:35 AM Submitted by: Title: Deputy County Manager – County Manager's Office Name: Dan Rodriguez 03/12/2024 9:35 AM Approved By: Review: Office of Management and Budget Charles Kammerer Stage 1 Review Completed 03/12/2024 9:52 AM Corporate Business Operations Jennifer Reynolds Stage 1 Review Completed 03/12/2024 10:40 AM County Manager's Office Dan Rodriguez Other Reviewer Completed 03/18/2024 11:09 AM County Attorney's Office Jeffrey A. Klatzkow Level 2 Attorney Review Completed 03/18/2024 11:14 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 03/18/2024 11:14 AM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 03/18/2024 11:16 AM Office of Management and Budget Christopher Johnson OMB Reviewer Completed 03/18/2024 12:40 PM County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 03/20/2024 5:20 PM Board of County Commissioners Geoffrey Willig Meeting Pending 03/26/2024 9:00 AM 16.L.1 Packet Pg. 1853