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File #: 22-0733    Version: 1 Name:
Type: RESOLUTION Status: Agenda Ready
File created: 7/12/2022 In control: Community Redevelopment Agency
On agenda: 8/16/2022 Final action: 8/16/2022
Title: Resolution Waiving the Minimum Project Cost Requirements and Minimum Developer’s Contribution Requirements under the Development Incentive Program (DIP), Awarding a DIP Forgivable Loan in the Amount $1,125,000 to Food Friends Catering, LLC for the Food Friends Southern Comfort Kitchen and Bar located at 1310-1312 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 22-0733, 2. Exhibit 1 - Location Map, 3. Exhibit 2 - Broward County Property Appraiser Information, 4. Exhibit 3 - Architectural Plans and Renderings of Proposed Project, 5. Exhibit 4 - CRA Funding Application, 6. Exhibit 5 - Business Plan, 7. Exhibit 6 - Financial Projections and Sales Assumptions, 8. Exhibit 7 - Cost Estimates, 9. Exhibit 8 - July 12, 2022 NPF CRA Advisory Board Draft Minutes, 10. Exhibit 9 - Development Incentive Program Letter of Intent, 11. Exhibit 10 - Resolution, 12. Resolution No. 22-10 (CRA), 13. CAM 22-0733 Letter of intent to provide a forgivable loan- Food Friends Catering, LLC

Title

Resolution Waiving the Minimum Project Cost Requirements and Minimum Developer’s Contribution Requirements under the Development Incentive Program (DIP), Awarding a DIP Forgivable Loan in the Amount $1,125,000 to Food Friends Catering, LLC for the Food Friends Southern Comfort Kitchen and Bar located at 1310-1312 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)