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A RESOLUTION OF THE POMPANO BEACH COMMUNITY REDEVELOPMENT AGENCY (CRA) APPROVING AND AUTHORIZING THE PROPER OFFICIALS TO EXECUTE A FIRST AMENDMENT TO THE PROPERTY DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE CRA AND GO ECO HOMES, LLC. RELATING TO SIX VACANT INFILL HOUSING PARCELS IN THE NORTHWEST CRA DISTRICT TO EXTEND THE CONSTRUCTION COMPLETION DATE TO MARCH 1, 2020; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
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(Staff Contact: Nguyen Tran)
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Summary Explanation/Background:
On December 4, 2017, the Pompano Beach CRA received an unsolicited proposal from GO Eco Homes, LLC to construct six (6) single family homes on CRA-owned infill lots located at the following addresses: (1) 900 NW 19th Ave.; (2) 1910 NW 19th Ave.; (3) 2020 NW 9th St.; (4) 2030 NW 9th St.; (5) 1921 NW 8th St.; and (6) 1911 NW 8th St. The CRA Board directed staff to work towards a developer’s agreement at the February 20, 2018 meeting and a Property Disposition and Development Agreement was approved on April 17, 2018 which set the Construction Completion Date to be December 1, 2019. A letter was received from the Developer on November 20, 2019 requesting a three (3) month extension to the Construction Completion date and citing various unexpected time delays with the zoning process and permitting requirements. The homes are currently 80 percent constructed at the factory and will be delivered sometime in December. The Developer is on track once again and is requesting additional time to be considered for construction completion. Should the Board approve the extension request, the new construction completion date will be March 1, 2020.
Origin of request for this action: Staff
Fiscal impact and source of funding: N/A
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