Hallandale Beach, FL
File #: 16-1438    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 10/10/2016 In control: HBCRA Board of Directors
On agenda: 10/17/2016 Final action:
Title: A RESOLUTION OF CHAIR AND BOARD OF DIRECTORS OF THE HALLANDALE BEACH COMMUNITY REDEVELOPMENT AGENCY AUTHORIZE THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE A DEVELOPMENT AGREEMENT WITH STUART AND SHELBY FOR THE CONSTRUCTION OF A NEW, SINGLE FAMILY HOUSE TO BE SOLD TO AN INCOME ELIGIBLE BUYER (AFFORDABLE HOUSING) AT THE CRA OWNED PROPERTY WITH FOLIO NO. 5142-21-09-0680 FOR AN AMOUNT NOT TO EXCEED $207,245; AUTHORIZING THE EXECUTIVE DIRECTOR TO TERMINATE THE DEVELOPMENT AGREEMENT IF STUART AND SHELBY FAILS TO MEET PERFORMANCE BENCHMARKS OUTLINED IN THE DEVELOPMENT AGREEMENT; AND PROVIDING AN EFFECTIVE DATE. (STAFF: EXECUTIVE DIRECTOR)
Indexes: Capital Improvements, Goal 1 Undertake Total Improvements of Public Realm, North West Quadrant
Attachments: 1. Agenda Cover Memo, 2. Exhibit 1 - Resolution, 3. Exhibit 2 - Addendum Number Two - Stuart and Shelby, 4. Exhibit 3 - Schedule of Values, 5. Exhibit 4 - Letter to Total Solutions Dated June 1, 2016