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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A PARKING LICENSE AGREEMENT (NO. 1390) BETWEEN THE CITY OF POMPANO BEACH AND VERDEX CONSTRUCTION LLC; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $42,000.00 Revenue)
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(Staff Contact: Jeff Lantz)
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Summary Explanation/Background:
The City of Pompano Beach wishes to enter into a Parking License Agreement for the property located on US 1 and SE 20th Avenue. This property was approved through Interlocal Agreement 2020-254 with the Pompano Beach Community Redevelopment Agency in September 2020. The intended use for this agreement is to provide parking to Verdex construction workers and sub-contractors during the Pompano Station construction project. In return for this consideration Verdex Construction will make payments to the City in the amount of $50 per space each month. There will be no permanent improvements to this parking area and the City will maintain the enforcement of this parking area with our current parking management company.
Origin of request for this action: Parking Operations
Fiscal impact and source of funding: N/A
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