THE
HALLANDALE
BEACH
COMMUNITY
REDEVELOPMENT
AGENCY, HALLANDALE BEACH, FLORIDA; APPROVING THE
INTERLOCAL AGREEMENT BETWEEN THE CITY OF HALLANDALE
BEACH AND THE HALLANDALE BEACH COMMUNITY AGENCY
RELATING TO THE PROVISION OF FUNDS TO THE CITY IN AN
AMOUNT NOT EXCEED $640,000 FOR A LOCAL GOVERNMENT
AREA OF OPPORTUNITY LOAN TO PINNACLE AT AUDUBON
PLACE, IN CONNECTION WITH THE DEVELOPMENT OF AN
AFFORDABLE HOUSING PROJECT FOR SENIORS AGED 62+
KNOWN AS PINNACLE AT AUDUBON PLACE; AUTHORIZING THE
EXECUTIVE
DIRECTOR
TO
EXECUTE
THE
INTERLOCAL
AGREEMENT; AUTHORIZING THE EXECUTIVE DIRECTOR TO TAKE
ALL STEPS NECESSARY AND APPROPRIATE TO IMPLEMENT THE
TERMS AND CONDITIONS OF THE INTERLOCAL AGREEMENT;
AND PROVIDING AN EFFECTIVE DATE. (STAFF: EXECUTIVE
DIRECTOR)
Attachments:
C.
A RESOLUTION OF THE CHAIR AND BOARD OF DIRECTORS OF
THE
HALLANDALE
BEACH
COMMUNITY
REDEVELOPMENT
AGENCY, HALLANDALE BEACH, FLORIDA, APPROVING THE
PURCHASE OF REAL PROPERTY LOCATED AT 721 AND 725 S.W.
7th TERRACE, HALLANDALE BEACH, FLORIDA 33009 FROM
PERRY W. HODGES, JR., AS PERSONAL REPRESENTATIVE OF
THE ESTATE OF IRENE THORESON FOR A PURCHASE PRICE NOT
TO EXCEED $855,000; AUTHORIZING THE EXECUTIVE DIRECTOR
TO EXECUTE THE “AS-IS” RESIDENTIAL CONTRACT AND
ADDENDUM
AUTHORIZING THE EXECUTIVE DIRECTOR TO TAKE ALL ACTION
NECESSARY TO PURCHASE THE PROPERTY INCLUDING
FOR
THE
PURCHASE
OF
THE
PROPERTY;
PAYMENT OF THE PURCHASE PRICE AND CLOSING COSTS, AS
WELL AS THE EXECUTION AND DELIVERY OF ALL CLOSING
DOCUMENTS; AND PROVIDING AN EFFECTIVE DATE. (STAFF:
EXECUTIVE DIRECTOR)