Item Coversheet

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

Meeting Date: 11/10/2021 
Agenda Category:

Subject: AMENDMENT TO BLUE LAGOON PLAZA DEVELOPMENT AGREEMENT 

Recommendation/Motion: APPROVAL 

Originating Dept PLANNING AND DEVELOPMENT   Costs  
User Dept. Funding Source
AdvertisedNo Budget Account Number
Date   
Paper   
Affected PartiesNot Required   

Background/Summary: 

BLUE LAGOON PLAZA, LLC., EXECUTED A DEVELOPMENT AGREEMENT WITH RBCRA IN JANUARY 2018 TO DEVELOP THE VACANT PARCEL OF LAND LOCATED ON THE CORNER OF BLUE HERON BOULEVARD AND AVENUE F.   (THE PARCEL IS OWNED BY RBCRA.)  RBCRA’S INTENTION IS TO FACILITATE THE REVITALIZATION OF BLIGHTED PARCELS OF LAND WITHIN THE REDEVELOPMENT AREA WITH THE EXPRESSED GOAL OF STIMULATING ECONOMIC GROWTH AND PROSPERITY FOR THE CITY’S CONSTITUENTS.  THE CRA PLAN PROVIDES THAT THE APPROPRIATE BUILDING TYPES FOR THIS LOCATION ARE OFFICE, NEIGHBORHOOD COMMERCIAL, AND TOWNHOUSES.

CONSISTENT WITH THE APPROVED SITE PLAN, IT RECOMMENDS THAT ACCESS AND LOADING IS ACCOMPLISHED FROM THE SIDE OF THE PROPERTY WITH THE BUILDING PLACED ALONG THE STREET FRONT.  THE APPLICANT, MR. GEORGE STEELE, OWNER OF TONY’S SUBS LOCATED AT 64 W 21ST STREET, RIVIERA BEACH, RESPONDED TO A NOTICE TO DISPOSE OF CRA PROPERTY ADVERTISED IN THE PALM BEACH POST ON FEBRUARY 10, 2016.  MR. GEORGE STEELE PROVIDED THE BLUE LAGOON PLAZA PROPOSAL TO ACQUIRE AND DEVELOP THE PROPERTY WHICH WOULD INCLUDE MOVING AND EXPANDING HIS LOCAL BUSINESS INTO THE NEW PROJECT.

 
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_LAGOON_.pdfMEMO- BLUE LAGOON 11/3/2021Cover Memo
RESOLUTION-_BLUE_LAGOON_PLAZA.pdfRESOLUTION- BLUE LAGOON 11/3/2021Resolution
REVIEWERS:
DepartmentReviewerActionDate
CRASeguin, TamaraApproved11/3/2021 - 8:34 PM