Agenda Item Name:
Title
Gainesville Community Reinvestment Area (GCRA) Update
End
Presenter:
City of Gainesville.
Description:
City of Gainesville CRA Update
Recommended Action:
Recommended Action
Hear the City’s presentation.
Prior Board Motions:
N/A
Fiscal Consideration:
Fiscal Consideration
The City and County have an interlocal agreement to jointly commit $70M over 10 years into GCRA stepping down the County contribution $100k every year till City and County deposit the same amount in year 10.
Strategic Guide:
Social and Economic Opportunity
Background:
The City of Gainesville will give an update on the Gainesville Community Reinvestment Area. The City and County are jointly committed to funding infrastructure improvements targeted to the Eastside over the next 10 years.