File #: 24-0817    Version: 1 Name:
Type: RESOLUTION Status: Agenda Ready
File created: 8/20/2024 In control: Community Redevelopment Agency
On agenda: 11/7/2024 Final action: 11/7/2024
Title: Resolution Accepting the Ranking of the RFP Evaluation Committee for the Purchase and Development of Fort Lauderdale Community Redevelopment Agency Property at 790 Sistrunk Boulevard, 538 NW 8 Avenue, 547 NW 7 Terrace, 551 NW 7 Terrace, and 537 NW 7 Terrace, Approving a $5,000,000 Non-Forgivable Development Incentive Program Loan and Recommendation to Negotiate a Development Agreement with the Top Ranked Proposer, Sistrunk View, LLC, Authorizing the Executive Director to Execute Any and All Related Instruments, and Delegating Authority to the Executive Director to Take Certain Actions - (Commission District 3)
Sponsors: COMMUNITY REDEVELOPMENT AGENCY BOARD
Attachments: 1. CRA Board Memo 24-0817, 2. Exhibit 1 – Property Location Map, 3. Exhibit 2 – Notice and RFP Documents for Purchase and Development of CRA Property, 4. Exhibit 3 – Proposal - Sistrunk View, LLC, 5. Exhibit 4 – Proposal - Smith and Henzy Affordable Group, 6. Exhibit 5 – Proposal - The Allen at Sistrunk LLC c/o Urban Pointe Developers, LLC, 7. Exhibit 6 – RFP Evaluation Committee Scoring and Final Ranking, 8. Exhibit 7 – Sistrunk View Project Plans and Illustrations, 9. Exhibit 8 – Accommodations for Westside Gazette Property, 10. Exhibit 9 – Letters of Intent from JP Morgan Chase and Raymond James, 11. Exhibit 10 – Sistrunk View Sources and Uses and 10 year Proforma, 12. Exhibit 11 – NPF CRA Housing Trust Group Project – Village View - 640 N Andrews Ave, 13. Exhibit 12 – NPF CRA Housing Trust Group Project – Village Place - 740 NE 4 Ave, 14. Exhibit 13 – NPF CRA Housing Trust Group Project – Mt Hermon Housing - 750 NW 4 St, 15. Exhibit 14 – August 13, 2024 NPF CRA Advisory Board Approved Minutes, 16. Exhibit 15- Sistrunk View, LLC Development Incentive Program Letter of Intent, 17. Exhibit 16- Sistrunk View, LLC Resolution, 18. Exhibit 17 – Purchase and Sale Contract, Addendum to Commercial Contract, 19. RESOLUTION NO. 24-19 (CRA)

Title

Resolution Accepting the Ranking of the RFP Evaluation Committee for the Purchase and Development of Fort Lauderdale Community Redevelopment Agency Property at 790 Sistrunk Boulevard, 538 NW 8 Avenue, 547 NW 7 Terrace, 551 NW 7 Terrace, and 537 NW 7 Terrace, Approving a $5,000,000 Non-Forgivable Development Incentive Program Loan and Recommendation to Negotiate a Development Agreement with the Top Ranked Proposer, Sistrunk View, LLC, Authorizing the Executive Director to Execute Any and All Related Instruments, and Delegating Authority to the Executive Director to Take Certain Actions - (Commission District 3)