City Council Meeting
City of DeBary
Subject: Engagement Letter with Cobb Cole to Develop Funding Mechanisms for the TOD Area.
From: Roger Van Auker, TOD Marketing Director
Meeting/Hearing Date: November 4, 2015
( ) Ordinance
( ) Resolution
( ) Other
( ) Supporting Documents/Contracts
At the 10/21/15 workshop staff was directed to engage legal services to assist in developing funding mechanisms to be used in the development of the TOD overlay area.
It has been determined that the need for funding mechanisms such as CRA’s, special assessment districts or TIF districts are required to advance the development agenda for the TOD overlay area.
Mark Watts of Cobb Cole has vast experience in creating these funding tools. An Engagement Letter from Cobb Cole has been obtained for your consideration.
Prior to engaging in any tasks a task order with estimated costs will be issued for approval.
Approve the Cobb Cole Engagement Letter to move forward with legal services.
City Council Action:
( ) Approved As Recommended
( ) Approved With Modification
( ) Disapproved
( ) Continued Date:
( ) Other