File #: 25-0614    Version: 1 Name:
Type: RESOLUTION Status: Agenda Ready
File created: 5/20/2025 In control: Community Redevelopment Agency
On agenda: 12/2/2025 Final action: 12/2/2025
Title: Resolution Waiving the Maximum Funding Amount and Approving a Forgivable Loan Increase of $195,000 under the Property and Business Improvement Program to Regal Development, Inc. for Improvements to 733 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 2)
Sponsors: COMMUNITY REDEVELOPMENT AGENCY BOARD
Attachments: 1. CRA Board Memo 25-0614, 2. Exhibit 1 - Location Map, 3. Exhibit 2 - Broward County Property Appraiser Information, 4. Exhibit 3 - Project Cost Proposal, 5. Exhibit 4 - Architectural Plans, 6. Exhibit 5 - Amended Property and Business Improvement Program Agreement, 7. Exhibit 6 - May 13, 2025, Approved NPF CRA Advisory Board Minutes, 8. Exhibit 7- Resolution, 9. RESOLUTION NO. 25-20 (CRA)

Title

Resolution Waiving the Maximum Funding Amount and Approving a Forgivable Loan Increase of $195,000 under the Property and Business Improvement Program to Regal Development, Inc. for Improvements to 733 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 2)