Community Redevelopment Agency Meeting - 7 May, 2026

The City of Eustis Community Redevelopment Agency (CRA) held a meeting on May 7, 2026, to review and approve the annual report detailing revitalization efforts and financial audit results. Key procurement-related highlights included the awarding of Gateway grants totaling $107,000 to 20 projects, which leveraged matching funds to generate $214,000 in investments for aesthetic and infrastructure improvements within the CRA area. The report also noted significant infill development projects adding 190 homes, renovations to community facilities like Carver Park basketball courts, and the introduction of national brand businesses such as 7-Eleven and Dairy Queen along the business corridor. The CRA's financial audit, conducted by Purvis Gray, resulted in a clean opinion with no deficiencies in internal controls, and noted a significant balloon loan payment of approximately $2.5 million due at year-end. The board approved the annual report for posting and submission to the Florida Redevelopment Association, with no further action items or votes related to new contracts or procurements during the meeting.