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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 ASSIGNMENT OF REVOCABLE LICENSE AND MAINTENANCE AGREEMENT AMONG THE CITY OF POMPANO BEACH, FAIRFIELD POMPANO L.P., AS ASSIGNOR, AND DCB MOREA, LLC AND DRC MOREA, LLC, AS ASSIGNEE; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
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(Staff Contact: Robert McCaughan)
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Summary Explanation/Background:
City Commission previously approved the attached Revocable License Agreement between City of Pompano Beach and Fairfield Pompano, LP on November 10th, 2020 for improvements within City right-of-way and FDOT right-of-way at northwest corner of Federal Highway and NE 6th St that included concrete pavers, irrigation, canopy trees and shrub plantings.
A closing date is scheduled for March 1st, 2022, and requires the attached Assignment of Revocable License and Maintenance Agreement among the City of Pompano Beach, Fairfield Pompano LP (Assigner), and DCB Morea, LLC and DRC Morea, LLC (Assignee).
Origin of request for this action: Staff
Fiscal impact and source of funding: N/A
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