City of Gainesville - File #: 110514.

• File #: 110514.
• Version: 1
• Name: Memorandum of Understanding for Power District Catalyst Project (B)
• Type: Discussion Item
• Status: To Be Introduced
• File created: 12/19/2011
• In control: Community Redevelopment Agency
• Final action: 12/19/2011
• Title: Memorandum of Understanding for Power District Catalyst Project (B)

Date	Ver.	Action By	Action	Result
12/19/2011	1	Community Redevelopment Agency	Approved as Recommended	Pass
11/21/2011	0	Community Redevelopment Agency	Approved as Recommended	Pass

Title
Memorandum of Understanding for Power District Catalyst Project (B)

Explanation
The City Commission designated the CRA as the lead agency, and designated the CRA Director as the Champion for the City’s Strategic Initiative 2.3, which involves planning for redevelopment of a portion of real property owned by the City and listed as a GRU asset and located in the general vicinity of Depot Park and the Kelly Power Plant. This Strategic Initiative Project is commonly referred to as the “Power District.” A portion of the Power District property is no longer needed for GRU operations, due to the relocation of GRU’s operations facilities to the new GRU Eastside Operation Center (EOC) on North Main Street, and can be declared surplus and made available for private ownership and/or use.

At its meeting on November 21, 2011, the CRA Board received a Letter of Intent from Prioria Robotics, Inc. a company interested in occupying a portion of the Power District property approximately located at 555 SE 5th Avenue (Tax Parcel Identification Number 12720-000-000) . The CRA Board authorized the Executive Director to review and analyze the proposed project and negotiate terms and conditions for Prioria’s use of certain property within the Power District and bring back a draft mutual letter of intent or other form of agreement for consideration by the CRA Board, subject to approval by the CRA Attorney as to form and legality. The City Commission took similar action at its meeting on November 17, 2011.

Since November 21, CRA, City and GRU management, attorneys and other staff have been meeting to review and analyze an initial catalyst project for the Power District and have identified key actions that must be taken to bring any such project to fruition. The attached draft Memorandum of Understanding (MOU) is the first step outlining key tasks and authorizations to move a catalyst project forward. Under the terms of the MOU, the CRA would act as agent for th...