title
A RESOLUTION OF THE POMPANO BEACH COMMUNITY REDEVELOPMENT AGENCY (CRA) APPROVING A TERM SHEET PRIMARILY ADDRESSING THE REDEVELOPMENT AND CONVEYANCE OF THE BROWARD COUNTY RETENTION/DETENTION PARCEL LOCATED WITHIN THE BOUNDARIES OF THE DOWNTOWN POMPANO TRANSIT ORIENTED CORRIDOR PROJECT AREA IN EXCHANGE FOR APPROXIMATELY 3.838 ACRES OF LAND AND IMPROVEMENTS CONTAINING THE ANNIE L. WEAVER CENTER LOCATED AT 2011 NORTHWEST 3RD AVENUE IN POMPANO BEACH, FLORIDA; AUTHORIZING THE PROPER OFFICIALS TO NEGOTIATE AND EXECUTE APPROPRIATE AGREEMENTS BETWEEN THE CRA, BROWARD COUNTY, AND THE CITY OF POMPANO BEACH (CITY) PURSUANT TO THE TERM SHEET, SUBJECT TO LEGAL REVIEW AND APPROVAL BY THE CRA ATTORNEY AND THE CITY ATTORNEY; PROVIDING FOR AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
staffcontact
(Staff Contact: Nguyen Tran / Cassandra LeMasurier)
summary
Summary Explanation/Background:
Consideration and approval of a Term Sheet addressing the redevelopment and conveyance of the Broward County Retention/Detention parcel located within the boundaries of the Downtown Pompano Transit Oriented Corridor Project area in exchange for approximately 3.838 acres of land and improvements containing the Annie L. Weaver Center, located at 2011 N.W. 3rd Avenue in Pompano Beach, Florida and authorizing the negotiation and execution of appropriate agreements pursuant to the Term Sheet among the City of Pompano Beach, Pompano Beach Community Redevelopment Agency and Broward County.
Origin of request for this action: Staff
Fiscal impact and source of funding: N/A
pagebreak1
strategicplan_emblem_field
pagebr
strategicplan_description_field