File #: 17-1390    Version: 1 Name:
Type: MOTION Status: Agenda Ready
File created: 11/6/2017 In control: Community Redevelopment Agency
On agenda: 12/5/2017 Final action:
Title: Motion to Approve an Amendment to the Property and Business Investment Program Agreement between the Fort Lauderdale Community Redevelopment Agency and Rechter Holdings, Inc., Modification of Mortgage between the Fort Lauderdale Community Redevelopment Agency and Rechter Holdings, Inc. and Subordination of Mortgage Agreement between the Fort Lauderdale Community Redevelopment Agency, Stonegate Bank, and Rechter Holdings, Inc.
Sponsors: COMMUNITY REDEVELOPMENT AGENCY BOARD
Attachments: 1. CRA Board CAM 17-1390, 2. Exhibit 1 - Location Map, 3. Exhibit 2 - CAM 15-0743, 4. Exhibit 3 - Letter Request from Michael Rechter, 5. Exhibit 4 - Subordination of Mortgage Agreement, 6. Exhibit 5 - Closing Statement with Stonegate Bank, 7. Exhibit 6 - Appraisal - 913 NE 4th Avenue, 8. Exhibit 7 - Appraisals - 716 NE 2nd Ave and 835 NE 2nd Ave, 9. Exhibit 8 - Amendment to Property and Business Investment Program Agreement, 10. Exhibit 9 - Mortgage Modification Agreement

Title

Motion to Approve an Amendment to the Property and Business Investment Program Agreement between the Fort Lauderdale Community Redevelopment Agency and Rechter Holdings, Inc., Modification of Mortgage between the Fort Lauderdale Community Redevelopment Agency and Rechter Holdings, Inc. and Subordination of Mortgage Agreement between the Fort Lauderdale Community Redevelopment Agency, Stonegate Bank, and Rechter Holdings, Inc.