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Meeting Name: COMMUNITY REDEVELOPMENT AGENCY BOARD Agenda status: Final
Meeting date/time: 11/16/2021 2:30 PM Vote Summary Status Final  
Meeting location: OR AS SOON THEREAFTER AS POSSIBLE 100 North Andrews Avenue, Fort Lauderdale, FL 33301
City Hall - City Commission Chambers
Published agenda: Agenda Agenda Vote Summary Vote Summary Vote Summary  
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
21-0781 1R-1 RESOLUTIONResolution Authorizing Budget Amendment - Accept a $20,769,000 Bank Loan from Truist Bank and Appropriate $25,716,561. Of that amount, $23,260,940 for Debt Repayment and Business Incentive Projects. $2,455,621 for Debt Service Principal and Interest Loan Payment - (Commission District 3)ADOPTEDPass Action details Not available
21-0319 1R-2 RESOLUTIONResolution Approving a $4,000,000 CRA Development Incentive Program Loan to 909 NW 6th St. LLC for a Mixed-Use Commercial Development Project to be Located at 909 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)DEFERREDPass Action details Not available
21-1095 1R-3 RESOLUTIONResolution to Approve an Expenditure of $1,846,789.02 to Fund the Relocation of Florida Power and Light Company Transmission Facilities that Crosses City Property at 543 NW 5th Avenue to Facilitate the Development of the Property - (Commission District 3)ADOPTEDPass Action details Not available
21-1130 1R-4 RESOLUTIONResolution Amending Resolution No. 21-08 (CRA) to increase the fee of the law firm of Greenberg Traurig, LLP as Special Counsel to the Fort Lauderdale Community Redevelopment Agency from $32,500.00 to $42,500, plus costs not to exceed $2,500 in connection with closing on a taxable loan from Truist Bank in an amount not to exceed $23,100,000 to fund the Series 2021 Northwest-Progresso-Flagler Heights Project, Cost of Issuance and Refinance the Series 2015 Note - (Commission Districts 2 and 3)ADOPTEDPass Action details Not available
21-0946 1M-1 MOTIONMotion Approving a Subordination Agreement, Subordinating the CRA Mortgage to 613 NW 3rd Ave Holdings, Inc. in the Amount of $7,000,000 to a New Mortgage by NorthMarq in an Amount not to Exceed 85% of Loan to Value at the Time of Refinance; An Amendment to the Development Agreement, If Necessary; A Subordination of the Regulatory Agreement; 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 2)APPROVEDPass Action details Not available
21-1041 1M-2 MOTIONMotion Appropriating Unspent Remaining Northwest Progresso Flagler Heights Community Redevelopment Agency Estimated Fiscal Year (FY) 2021 Year-End Incentive Fund Balances - (Commission District 3)APPROVEDPass Action details Not available
21-0320 1PH-1 PUBLIC HEARINGPublic 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)ADOPTEDPass Action details Not available
21-0321 1PH-2 PUBLIC HEARINGPublic Hearing Accepting the Property Disposition and Development Proposal of Sistrunk Apartments, LLC for the Development and Donation of CRA Property at 1204 Sistrunk Boulevard and 1620 NW 6 Court, and Approving a $8,000,000 CRA Development Incentive Program Loan to Sistrunk Apartments, LLC for “The Aldridge” and “The Laramore” Mixed-Use Affordable Housing Projects, 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)ADOPTEDPass Action details Not available
21-0720 1PH-3 PUBLIC HEARINGResolution Authorizing the Issuance of the Fort Lauderdale Community Redevelopment Agency Tax Increment Revenue and Refunding Notes, Series 2021 (Northwest-Progresso-Flagler Heights Community Redevelopment Area Projects) - (Commission Districts 2 and 3)ADOPTEDPass Action details Not available