title
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA ESTABLISHING ADDITIONAL ELEMENTS OF THE DOWNTOWN PROJECT (ADDITIONAL PROJECT ELEMENTS) RELATING TO HISTORY, CULTURE AND ART, INCLUDING: FEATURES SUCH AS A SPORTS HALL WALL OF FAME FEATURE; PIONEER MONUMENT; LEGACY FEATURE AND HISTORICAL BUSINESS WALKWAY; RELATING TO COMMUNITY LIAISONS/CONSULTANTS; AND RELATING TO SATELLITE COLLEGE OPPORTUNITY; RELATING TO AN EDUCATION RESOURCE CENTER; ACKNOWLEDGING RESIDENTIAL WORKFORCE HOUSING REQUIREMENTS; APPROVING PROGAMS RELATING TO AFFORDABLE HOUSING, INCLUDING DOWN PAYMENT AND RENTAL ASSISTANCE PROGRAMS AND POTENTIAL "TINY HOME" PROGRAM; STRATEGIC INFRASTRUCTURE, INCLUDING STREETSCAPES AND STREET LIGHTING; AND LOCAL BUSINESS ENTERPRISES PARTICIPATION; ACKNOWLEDGING COMMUNITY BENEFITS TRUST FUNDING BY DEVELOPER OF $6,500,000 PAYABLE OVER TEN YEARS; APPROVING AN INCREASE TO THE CIVIC BUILDING FINANCING TO FUND COSTS ASSOCIATED WITH THE ADDITIONAL PROJECT ELEMENTS; APPROVING AND AUTHORIZING THE PROPER OFFICIALS TO EXECUTE A FIRST AMENDMENT TO THE POMPANO BEACH DOWNTOWN PUBLIC PRIVATE REDEVELOPMENT AGREEMENT (THE MASTER DEVELOPMENT AGREEMENT) BETWEEN THE CITY OF POMPANO BEACH (CITY), THE POMPANO BEACH COMMUNITY REDEVELOPMENT AGENCY (CRA), AND RP POMPANO, LLC, (FIRST AMENDMENT) THAT INCORPORATES THE OBLIGATIONS RELATING TO THE ADDITIONAL PROJECT ELEMENTS, LOCAL BUSINESS ENTERPRISE PARTICIPATION AND FUNDING THE COMMUNITY BENEFITS TRUST, TOGETHER WITH ALL DOCUMENTS NECESSARY TO EFFECTUATE THE FIRST AMENDMENT; ALL SUCH APPROVALS CONTINGENT ON APPROVAL BY THE CITY COMMISSION OF THE DESIGN CONCEPT FOR CITY HALL AND PARKING GARAGE, AUTHORIZATION FOR THE ISSUANCE OF THE MASTER INFRASTRUCTURE BOND AND APPROVAL OF THE ISSUANCE OF PUBLIC FINANCING OF THE CIVIC BUILDINGS; PROVIDING AN EFFECTIVE DATE AND FOR OTHER PURPOSES.
(Fiscal Impact: $9 million increase to the civic facilities budget for costs associated with vocational tech./college resource center and...
Click here for full text