How were the boundaries of the CRA created by the Town?

The Town conducted a study known as the “Findings of Necessity” to determine if there were areas that exhibit elements of slum and blight. Based on these findings, the Town gave approval to create the CRA and allow for increment revenues to be reinvested within this area.

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1. How were the boundaries of the CRA created by the Town?
2. How does the CRA get funded?
3. How much money is taken from the taxes for the Redevelopment Trust Fund?
4. How does the CRA know where and how to expend its funds?
5. Can the CRA give grants to new businesses?