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A RESOLUTION OF THE POMPANO BEACH COMMUNITY REDEVELOPMENT AGENCY (CRA), APPROVING AND AUTHORIZING THE PROPER OFFICIALS TO EXECUTE AGREEMENTS FOR AMENDMENT OF NOTATION ON PLAT AND AMENDMENTS TO NON-VEHICULAR ACCESS LINES BETWEEN THE CRA AND BROWARD COUNTY, RELATING TO PROPERTIES LOCATED AT 620, 600, 500, 300 NW 31st AVENUE; PROVIDING AN EFFECTIVE DATE, AND FOR OTHER PURPOSES.
(Fiscal Impact: N/A)
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(Staff Contact: Nguyen Tran)
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Summary Explanation/Background:
At its regular meeting of January 16, 2018, the Pompano Beach Community Redevelopment Agency (CRA) Board approved and authorized the proper officials to execute a development agreement between the CRA and Hadar Homes, LLC relating to five vacant properties located on NW 27th Avenue and NW 31 Avenue for the construction of 71 multi-family townhouse type units (aka Sports Park Residences). The Board Approved the First Amendment and Assignment of Development Agreement with Hadar Homes on November 17, 2020 and the Developer is currently going through the Development Review Committee (DRC) process. The CRA owned properties are platted; however, the Plat Note on two of the Plats (S.H. Plat and Horn Plat No. 2) are restricted for commercial use and requires a Plat Note Amendment to allow residential use. Since the CRA owns the property, the Amendments are between the CRA and Broward County. CRA Staff recommends Approval.
Origin of request for this action: Staff
Fiscal impact and source of funding: N/A
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