File #: 25-0574    Version: 1 Name:
Type: RESOLUTION Status: Agenda Ready
File created: 5/8/2025 In control: Community Redevelopment Agency
On agenda: 1/6/2026 Final action: 1/6/2026
Title: Resolution Approving a Forgivable Loan Increase of $475,000 under the Property and Business Improvement Program to V&R Family Enterprises, Corp. Located at 1227 Sistrunk Boulevard; Authorizing the Executive Director to Execute All Documents Related to this Transaction; and Delegating Authority to the Executive Director to Take Certain Actions and Providing for an Effective Date - (Commission District 3)
Sponsors: COMMUNITY REDEVELOPMENT AGENCY BOARD
Attachments: 1. CRA Board Memo 25-0574, 2. Exhibit 1 – Location Map, 3. Exhibit 2 – Broward County Property Appraiser Information – 1227 Sistrunk Boulevard, 4. Exhibit 3 – Updated Construction Cost Estimate, 5. Exhibit 4 – Architectural Plans, 6. Exhibit 5 - Second Amended PBIP Agreement, 7. Exhibit 6 – May 13, 2025, Approved Minutes of NPF CRA Advisory Board Meeting, 8. Exhibit 7 – November 19, 2025, Draft Minutes of NPF CRA Advisory Board Meeting, 9. Exhibit 8 – Resolution No. 23-12 (CRA), 10. Exhibit 9 - Resolution

Title

Resolution Approving a Forgivable Loan Increase of $475,000 under the Property and Business Improvement Program to V&R Family Enterprises, Corp. Located at 1227 Sistrunk Boulevard; Authorizing the Executive Director to Execute All Documents Related to this Transaction; and Delegating Authority to the Executive Director to Take Certain Actions and Providing for an Effective Date - (Commission District 3)