File #: 17-0940    Version: 1 Name:
Type: RESOLUTION Status: Agenda Ready
File created: 7/20/2017 In control: Community Redevelopment Agency
On agenda: 10/17/2017 Final action: 10/17/2017
Title: Resolution to Approve an Award of a Development Incentive Program Incentive in the Amount of $1,400,000 to North West 6th Investments, LLC for the Sistrunk Market Project located at 115 West Sistrunk Boulevard, Approving the Terms and Conditions of the Development Incentive Program Loan Commitment and Authorizing the Executive Director to Execute the Loan Commitment, Development Agreement and Any and All Other Documents or Instruments Necessary or Incidental to Consummation of the Transaction
Sponsors: COMMUNITY REDEVELOPMENT AGENCY BOARD
Attachments: 1. CRA Board CAM 17-0940, 2. Exhibit 1 - Location Map, 3. Exhibit 2 - Development Incentive Program (DIP), 4. Exhibit 3 - Applicants Funding Application, Plans and Graphic Illustrations, 5. Exhibit 4 – Development Incentive Program Loan Commitment, 6. Exhibit 5 - July 18, 2017 NPF CRA Advisory Board Approved Minutes, 7. Exhibit 6 - October 12, 2017 Administrative Review Committee Agenda, 8. Exhibit 7 - Resolution

Title

Resolution to Approve an Award of a Development Incentive Program Incentive in the Amount of $1,400,000 to North West 6th Investments, LLC for the Sistrunk Market Project located at 115 West Sistrunk Boulevard, Approving the Terms and Conditions of the Development Incentive Program Loan Commitment and Authorizing the Executive Director to Execute the Loan Commitment, Development Agreement and Any and All Other Documents or Instruments Necessary or Incidental to Consummation of the Transaction