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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 AN INFRASTRUCTURE DEVELOPMENT AGREEMENT BETWEEN THE CITY OF POMPANO BEACH AND HABITAT FOR HUMANITY OF BROWARD, INC., TO PROVIDE FOR THE REIMBURSEMENT OF COSTS RELATED TO DESIGN AND CONSTRUCTION OF UTILITIES AND ROADWWAY IMPROVEMENTS; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $577,468.50)
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(Staff Contact: John Sfiropoulos)
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Summary Explanation/Background:
Habitat for Humanity is constructing six (6) new single-family homes along NW 1st St just west of NW 28th Ave and north of Atlantic Blvd. They are requesting financial assistance from City for costs related to design and construction of utilities and roadway work. Attached is the proposed reimbursement agreement along with proposals.
Origin of request for this action: Staff
Fiscal impact and source of funding: 50/50 split, Utility Fund (420-7772-533-65-12) and CRA (150-7720-539-65-12)
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