File #: 24-0601    Version: 1 Name:
Type: RESOLUTION Status: Agenda Ready
File created: 6/4/2024 In control: Community Redevelopment Agency
On agenda: 6/18/2024 Final action: 6/18/2024
Title: Resolution Terminating a $3,000,000 Development Agreement with Avenue D’Arts FLL, LLC and Removing the Restrictive Covenant to Construct a Comfort Suites Hotel on the Property - (Commission District 3)
Sponsors: COMMUNITY REDEVELOPMENT AGENCY BOARD
Attachments: 1. CRA Board Memo 24-0601, 2. Exhibit 1 – Location Map, 3. Exhibit 2- Resolution, 4. Exhibit 3 – Special Warranty Deed, 5. Exhibit 4 – Termination of Development Agreement and Release of Restrictive Covenant, 6. Exhibit 5 – Calculation of CRA Share of Purchase Price, 7. RESOLUTION NO. 24-11 (CRA)

Title

Resolution Terminating a $3,000,000 Development Agreement with Avenue D’Arts FLL, LLC and Removing the Restrictive Covenant to Construct a Comfort Suites Hotel on the Property - (Commission District 3)