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Description: Community Redevelopment Agencies within Bay County, FL. CRA refers to a public entity created by a city to implement the community redevelopment activities outlined outlined under the Florida Community Redevelopment Act of 1969 codified as Chapter 163, Part III, Florida Statutes and provides a vehicle whereby local communities may form a CRA, and further create a redevelopment trust fund for financing improvements within a predetermined redevelopment target area.