On Thursday, September 25, 2025, at 6:30 PM (meeting began shortly after 7:00 PM due to a prior city budget hearing), the Hollywood Community Redevelopment Agency (CRA) Board held a special public budget hearing in the Commission Chambers at City Hall. The Board considered and unanimously adopted the FY 2026 budgets for the Beach and Downtown CRA districts, as well as the authorized positions resolution. The meeting featured a detailed presentation by Executive Director George R. Keller Jr. and Assistant City Manager Adam Reichbeck, followed by board discussion on the transition of CRA operations to the city and the future use of freed-up tax increment funds.
All right. We are on the air, ladies and gentlemen. Welcome uh to those uh who are just joining us to City Hall. It is Wednesday, September 25th, 2025, a little bit past six thirty PM, a little bit past seven PM. Um but we're here for a CRA public budget hearing. As you might know, we had two recent budget hearings, including a few minutes ago with our second city budget hearing, and now we'll do the same for our community redevelopment agencies. Uh let's go ahead uh with the Pledge of Allegiance, please rise. And to the Republic for which it stands. One nation, one God, indivisible with liberty and justice for all. All right, ladies and gentlemen. Royal call, please. Board member Shoeham. Here, need to take some. Here we go. Board Mamba Biedman. Here, Chair Levy. Here. Thank you so much. Uh I'd like to please ask for a motion to uh accept board member Hernandez's virtual participation. Motion by Commissioner Clary, second by um board member Biederman. Uh all those in favor say aye. Aye, any opposed, hearing none. Peter, you are officially participating virtually. Thank you, sir. Although we hear you. Thank you. Thank you. Thank you. All right, uh, Mr. Executive Director, uh, I'd like to invite you to present uh the proposed budget for the beach and downtown districts for the CRA for the fiscal year 25 through 26. Th thank you, Mr. Chair, Vice Chair and Board members, uh and to all the members of the the public and staff who are in attendance tonight. Um uh thank you first of all to um to Susan Goldberg and the staff of the CRA um for um all their continued effort. Uh the transition has uh gone quite well. We've been talking about for years and it's it's happened now. So we have um only three full-time and three part-time positions remaining now on the operating side with the uh with the CRA budget. And uh Susan and the rest of the staff, much like um Adam and um Chris and Jovon and Ray Lynn allow me to work with them every day, so I appreciate that. And so it's it's uh it's been a good partnership and it's it's gone well. Um obviously within days the downtown district becomes TIFS, and then each year for five years successive, we will uh receive three million dollars a year of continuing funding there. And then in less than two years, the beach district uh goes TIFLess and we'll receive one point seven five mil a year for ten years following to be used for affordable housing. So just in terms of of where that leaves us. So obviously light on the operating expenses now, much have been absorbed into the city, but heavy on a lot of capital projects that remain to be completed or obligated within the next less than two years to ensure that we are retaining and making use of that. Um so we'll go through that in in detail tonight and then obviously room for for questions and discussion on that. Um there were some uh issues that were sent in writing prior to the meeting from the beach um civic association, I believe it was. I'm sorry. Yes. Bob Blickman's originated with him, right? One of them, there were four points. One that had related to um money being um tied up with the uh the funding of the uh executive director position for the CRA. I spoke directly to him, and he's cheap, so he's not taking any money, so none of that's tied up there in the operating expenses.