File #: 22-0738    Version: 1 Name:
Type: RESOLUTION Status: Agenda Ready
File created: 7/13/2022 In control: Community Redevelopment Agency
On agenda: 8/16/2022 Final action:
Title: Resolution Approving a Development Incentive Program Award of $5,000,000 to Sistrunk View, LLC, Approval of a Letter of Intent and Commercial Contract for the Purchase and Development of Fort Lauderdale Community Redevelopment Area Property under Solicitation RFP #12642-925 for the Sistrunk View Project, 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 22-0738, 2. Exhibit 1 – RFP Property Location Map, 3. Exhibit 2 – RFP 12642-925 - Purchase and Development of CRA Property, 4. Exhibit 3 – Proposal - Sistrunk View, LLC/Housing Trust Group, 5. Exhibit 4 – Proposal - Urban Pointe Developers/Schumer Capital Corp., 6. Exhibit 5 – Proposal - Fuse Group Co, 7. Exhibit 6 – Proposal - D'Angelo Development, LLC, 8. Exhibit 7 – Proposal - Marie A Wells Arts and Education Center, Inc, 9. Exhibit 8 – Proposal - Land America Development Corporation, 10. Exhibit 9 – RFP Evaluation Committee Scoring and Ranking, 11. Exhibit 10 – “Sistrunk View” Project Plans and Illustrations, 12. Exhibit 11 – Letters of Intent from JP Morgan Chase and from Raymond James, 13. Exhibit 12 – “Sistrunk View” Sources and Uses/Proforma Operating Statement, 14. Exhibit 13 – Projects Completed by Housing Trust Group in the NPF CRA, 15. Exhibit 14 – July 12, 2022 NPF CRA Advisory Board Draft Minutes, 16. Exhibit 15 – Resolution, 17. Exhibit 16- Letter of Intent

Title

Resolution Approving a Development Incentive Program Award of $5,000,000 to Sistrunk View, LLC, Approval of a Letter of Intent and Commercial Contract for the Purchase and Development of Fort Lauderdale Community Redevelopment Area Property under Solicitation RFP #12642-925 for the Sistrunk View Project, 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)