Hallandale Beach, FL
File #: 20-216    Version: 1 Name: Interlocal Agreement re HBCRA Loan
Type: Resolution Status: Passed
File created: 6/29/2020 In control: City Commission
On agenda: 7/27/2020 Final action: 7/27/2020
Title: A RESOLUTION OF MAYOR AND CITY COMMISSION OF THE CITY OF HALLANDALE, FLORIDA, APPROVING THE INTERLOCAL AGREEMENT BETWEEN THE CITY OF HALLANDALE BEACH AND THE HALLANDALE BEACH COMMUNITY REDEVELOPMENT AGENCY RELATING TO THE OBLIGATIONS OF HALLANDALE BEACH COMMUNITY REDEVELOPMENT AGENCY RELATIVE TO THE CITY OF HALLANDALE BEACH CAPITAL IMPROVEMENT REFUNDING REVENUE BONDS, SERIES 2016 IN THE PRINCIPAL AMOUNT OF $21,720,000 AND THE HALLANDALE BEACH COMMUNITY REDEVELOPMENT AGENCY REDEVELOPMENT REVENUE NOTE, SERIES 2020 IN THE PRINCIPAL AMOUNT $20,000,000; AUTHORIZING THE CITY MANAGER TO EXECUTE AND IMPLEMENT THE INTERLOCAL AGREEMENT; AND PROVIDING AN EFFECTIVE DATE. STAFF: CITY MANAGER)
Attachments: 1. Agenda Cover Memo, 2. Exhibit 1 - Resolution, 3. Exhibit 2 - Interlocal Agreement between the City & HBCRA, 4. Exhibit 3 - City and HBCRA Amortization schedule - Series 2016, 5. Exhibit 4 - Capital Improvement Refunding Revenue Bonds - Series 2016