Item Coversheet

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

Meeting Date: 5/26/2021 
Agenda Category:
Subject: 11TH STREET TOWNHOUSE PROJECT
Recommendation/Motion: 

STAFF RECOMMENDS THAT THE BOARD DIRECT THE GENERAL COUNSEL AND THE EXECUTIVE DIRECTOR TO BRING BACK THE FINAL DEVELOPMENT AGREEMENT WITH ATTACHMENTS FOR APPROVAL AT THE NEXT BOARD MEETING.

 

Originating Dept ADMINISTRATION  Costs $925,000 
User Dept.ADMINISTRATION Funding Source
AdvertisedNo Budget Account Number
Date   
Paper   
Affected PartiesNot Required   
Background/Summary: 

STAFF IS PROVIDING THIS PROJECT SUMMARY AND DRAFT DEVELOPMENT AGREEMENT FOR THE 11TH STREET TOWNHOUSE PROJECT FOR DISCUSSION.  WE WILL COME BACK AT OUR MEETING IN JUNE FOR APPROVAL OF THE DEVELOPMENT PLAN, ATTACHED AS ATTACHMENT 2.  AT THE FEBRUARY 2021 BOARD MEETING, PROJECT SUPPORT OF $925,000 WAS APPROVED, PURSUANT TO RESOLUTION NO. 2021-03, ATTACHED AS ATTACHMENT 1.

 
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
MEMORANDUM_Townhouse_Project_Update_5-26-21.pdfMEMO5/19/2021Cover Memo
Agreement_for_Development_and_Loan_Agreement_RBCRA-RBCDC.pdfATTACHMENT 2-DRAFT AGREEMENT5/19/2021Backup Material
RESOLUTION_NO_2021-03-FY_20-21_HOUSING_PROGRAMS.pdfATTACHMENT 1-HOUSING PROGRAMS-RESOLUTION 2021-035/19/2021Backup Material
REVIEWERS:
DepartmentReviewerActionDate
CRAEvans, ScottApproved5/19/2021 - 6:31 PM
CRA Internal ReviewEvans, ScottApproved5/19/2021 - 6:35 PM