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File #: 21-0320    Version: 1 Name:
Type: PUBLIC HEARING Status: Agenda Ready
File created: 3/8/2021 In control: Community Redevelopment Agency
On agenda: 11/16/2021 Final action: 11/16/2021
Title: Public Hearing Accepting the Property Disposition and Development Proposal of Northeast 6th Development, LLC for the Purchase and Development of CRA Property at 1017 Sistrunk Boulevard and 606 NW 10th Terrace and Approving a $2,450,000 CRA Development Incentive Program Loan to Northeast 6th Development, LLC for the Victory Entertainment Complex, 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 21-0320, 2. Exhibit 1 - Location Map, 3. Exhibit 2 - Invitation for Proposals Propose/Notice of Intent to Dispose, 4. Exhibit 3 - Summary Appraisal, 5. Exhibit 4 - Northeast 6th Development, LLC Purchase and Development Proposal and Application for Funding, 6. Exhibit 5 - CHD Housing LLC Purchase and Development Proposal, 7. Exhibit 6 - Marie A Wells Arts and Education Center Development Proposal, 8. Exhibit 7 - Project Prospective Tenant List, 9. Exhibit 8 - Information on Developer, 10. Exhibit 9 - January 12, 2021 CRA Advisory Board Minutes, 11. Exhibit 10 – March 10, 2021 Home Beautiful Park Civic Association Comments, 12. Exhibit 11 - Development Incentive Program Letter of Intent, 13. Exhibit 12- Commercial Contract and Addendum, 14. Exhibit 13 - Resolution, 15. CAM# 21-0320 - Victory Entertainment Complex - Purchase & Sale agreement, 16. CAM# 21-0320 - Victory Entertainment Complex -ADDENDUM TO COMMERCIAL CONTRACT, 17. CAM# 21-0320 Victory Entertainment complex - Letter of Intent, 18. Resolution No. 21-15 (CRA)
Related files: 21-0781, 21-0721, 21-0720

Title

Public Hearing Accepting the Property Disposition and Development Proposal of Northeast 6th Development, LLC for the Purchase and Development of CRA Property at 1017 Sistrunk Boulevard and 606 NW 10th Terrace and Approving a $2,450,000 CRA Development Incentive Program Loan to Northeast 6th Development, LLC for the Victory Entertainment Complex, 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)