File #: 24-0818    Version: 1 Name:
Type: RESOLUTION Status: Agenda Ready
File created: 8/20/2024 In control: Community Redevelopment Agency
On agenda: 10/1/2024 Final action: 10/1/2024
Title: Resolution Waiving the Maximum Funding Amount and Approving a $750,000 Property and Business Improvement Program Forgivable Loan and a $50,000 Streetscape Enhancement Program Forgivable Loan to West Sistrunk Plaze, LLC for Ponderosa Plaza, Located at 2201 Sistrunk Boulevard, 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 24-0818, 2. Exhibit 1 – Location Map and Broward County Property Appraiser Information, 3. Exhibit 2 – Project Plans and Illustrations, 4. Exhibit 3 – Application for Funding, 5. Exhibit 4 – Project Cost, 6. Exhibit 5 – Operating Proforma, 7. Exhibit 6 – Florida Division of Corporations Information for West Sistrunk Plaze, LLC, 8. Exhibit 7 – Project Development Team, 9. Exhibit 8 – August 13, 2024 NPF CRA Advisory Board Approved Minutes, 10. Exhibit 9 – Property and Business Improvement Program Agreement-, 11. Exhibit 10 - Streetscape Enhancement Program Agreement, 12. Exhibit 11 - Resolution, 13. RESOLUTION NO. 24-17 (CRA)

Title

Resolution Waiving the Maximum Funding Amount and Approving a $750,000 Property and Business Improvement Program Forgivable Loan and a $50,000 Streetscape Enhancement Program Forgivable Loan to West Sistrunk Plaze, LLC for Ponderosa Plaza, Located at 2201 Sistrunk Boulevard, 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)