File #: 25-0098    Version: 1 Name:
Type: CONSENT RESOLUTION Status: PASSED
File created: 1/6/2025 In control: Development Services
On agenda: 1/22/2025 Final action: 1/22/2025
Title: Resolution Waiving the Formal Bid Requirements of City Code Section 2-181, Waiving the Requirement to Restrict the use of SHIP Funds Under the Rental Development Strategy for “Gap” Financing, and Waiving the Requirement for a Minimum Contribution From the Participant Under the Local Housing Assistance Plan (LHAP), and Approving an Award of $278,600 to Fort Lauderdale Community Development Corporation Under State Housing Initiatives Partnership (SHIP) Program - (Commission District 3)
Sponsors: City Commission Regular Meeting
Attachments: 1. Commission Agenda Memo 25-0098, 2. Exhibit 1 - FLCDC Solicitation Letter, 3. Exhibit 2 - SHIP Program Rental Rehabilitation Loan Agreement, 4. Exhibit 3 - 2022-2025 SHIP Local Housing Assistance Plan, 5. Exhibit 4 - Resolution, 6. RESOLUTION NO. 25-13, 7. CAM 25-0098 Fort Lauderdale community development Corp third rental rehab mortgage rental rehab loan agreement promissory note and declaration of restricted covenant.

Title

Resolution Waiving the Formal Bid Requirements of City Code Section 2-181, Waiving the Requirement to Restrict the use of SHIP Funds Under the Rental Development Strategy for “Gap” Financing, and Waiving the Requirement for a Minimum Contribution From the Participant Under the Local Housing Assistance Plan (LHAP), and Approving an Award of $278,600 to Fort Lauderdale Community Development Corporation Under State Housing Initiatives Partnership (SHIP) Program - (Commission District 3)