Item Coversheet

CITY OF RIVIERA BEACH COMMUNITY REDEVELOPMENT AGENCY BOARD OF COMMISSIONERS
AGENDA ITEM SUMMARY

Meeting Date: 12/13/2017 
Agenda Category:
Subject: A RESOLUTION APPROVING A DEVELOPMENT AGREEMENT BETWEEN THE AGENCY AND BLUE LAGOON PLAZA, LLC., PROVIDING FOR THE SALE OF PROPERTY AND A PROPERTY OF DISTINCTION GRANT TO REDEVELOP THE VACANT PROPERTY FOR A NEW COMMERCIAL BUILDING LOCATED ON BLUE HERON BOULEVARD.
Recommendation/Motion: APPROVAL
Originating Dept INTERIM EXECUTIVE DIRECTOR  Costs  
User Dept. Funding Source
AdvertisedNo Budget Account Number
Date   
Paper   
Affected PartiesNot Required   
Background/Summary: 

SEE ATTACHED     

 
Fiscal Years
Capital Expenditures
Operating Costs
External Revenues
Program Income (city)
In-kind Match (city) 
Net Fiscal Impact
NO. Additional FTE Positions
(cumulative)

III. Review Comments

A. Finance Department Comments:
 
B. Purchasing/Intergovernmental Relations/Grants Comments:
 
C. Department Director Review:
Contract Start Date 
Contract End Date
Renewal Start Date
Renewal End Date
Number of 12 month terms this renewal
Dollar Amount
Contractor Company Name
Contractor Contact
Contractor Address
Contractor Phone Number
Contractor Email
Type of Contract
Describe
ATTACHMENTS:
File NameDescriptionUpload DateType
MEMO-BLUE_LAGOOD_PLAZA.pdfMEMO-BLUE LAGOOD PLAZA12/7/2017Cover Memo
Resolution_approving_Blue_Lagoon_Development_Agreement_(execution_copy_12-7-2017).v3.pdfResolution approving Blue Lagoon Development Agreement12/7/2017Resolution
Development_Agreement_for_Blue_Lagoon.pdfDEVELOPMENT AGREEMENT FOR BLUE LAGOON W/EXHIBITS A, E, F12/8/2017Agreement
POD_Agreement_Blue_Lagoon_(execution_copy).v2.pdfPOD GRANT AGREEMENT-EXHIBIT B12/8/2017Agreement
MORTGAGE_Blue_Lagoon.pdfMORTGAGE AGREEMENT-EXHIBIT C12/8/2017Agreement
Purchase_Money_Promissory_Note_Blue_Lagoon_(v2).pdfPROMISSORY NOTE-EXHIBIT D12/8/2017Agreement
Agreement_for_sale_and_purchase__Blue_Lagoon_Plaza_(execution_copy12.7.17).pdfSALE & PURCHASE-EXHIBIT G12/8/2017Agreement
REVIEWERS:
DepartmentReviewerActionDate
CRAHatcher, DarleneApproved12/7/2017 - 4:07 PM
CRA Internal ReviewEvans, ScottApproved12/7/2017 - 4:08 PM