BRADENTON — Bradenton officials Wednesday agreed to move forward with a vote to disband city community redevelopment agencies in favor of one CRA board, which would be made up of the Bradenton City Council.
CRAs receive specific tax increment funds to pay for projects within district boundaries. The primary goal of each CRA is to remove blight through redevelopment.
Existing districts include the Bradenton CRA, which includes the Downtown Development Authority, the 14th Street West CRA and the Central CRA.
Under previous direction from city council, city attorney Bill Lisch drafted an ordinance to dissolve existing CRAs and a resolution naming the council the CRA board. Lisch said the council would make funding decisions based on money available for each district.