File #: 20-0812    Version: 1 Name:
Type: RESOLUTION Status: Agenda Ready
File created: 10/1/2020 In control: Community Redevelopment Agency
On agenda: 11/5/2020 Final action: 11/5/2020
Title: Resolution Authorizing the Disposition of Property at 1559 Sistrunk Boulevard (ID 5042 04 23 0080) and Approving a $125,000 Commercial Façade Program Loan and a $225,000 Property and Business Program Loan to 1551 Sistrunk , LLC for the B & D Trap Restaurant Located at 1551-1559 Sistrunk Boulevard and 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 CAM 20-0812, 2. Exhibit 1 – Location Map, 3. Exhibit 2 – Notice of Intent to Dispose of Property, 4. Exhibit 3 – Property Appraisal, 5. Exhibit 4 – Developer Proposal and Application for Funding, 6. Exhibit 5 – Photos of Developers Corporate Headquarters in the CRA, 7. Exhibit 6 – Draft Minutes – October 13, 2020 CRA Advisory Board, 8. Exhibit 7 – Commercial Façade Program Loan Agreement, 9. Exhibit 8 – Property and Business Improvement Program Loan Agreement, 10. Exhibit 9 – Contract for Sale of Property, 11. Exhibit 10 – Resolution, 12. Resolution No. 20-11 (CRA), 13. CAM 20-0812 CRA & COFL and 1559 Sistrunk- Facade and PBBIIP

Title

Resolution Authorizing the Disposition of Property at 1559 Sistrunk Boulevard (ID 5042 04 23 0080) and Approving a $125,000 Commercial Façade Program Loan and a $225,000 Property and Business Program Loan to 1551 Sistrunk , LLC for the B & D Trap Restaurant Located at 1551-1559 Sistrunk Boulevard and 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)