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A RESOLUTION OF THE POMPANO BEACH COMMUNITY REDEVELOPMENT AGENCY (CRA), APPROVING AND AUTHORIZING THE PROPER OFFICIALS TO EXECUTE A STRATEGIC INVESTMENT PROGRAM GRANT AGREEMENT BETWEEN THE CRA AND BIG TREE BBQ, INC RELATING TO THE PROPERTIES LOCATED ON POWERLINE ROAD BETWEEN NW 4TH COURT AND NW 5TH STREET PROVIDING AN EFFECTIVE DATE, AND FOR OTHER PURPOSES.
(Fiscal Impact: $150,000)
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(Staff Contact: Kimberly Vazquez)
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Summary Explanation/Background:
The CRA received an incentive program application from Janice Bynum Owner/Operator of Big Tree BBQ, Inc., for the Strategic Investment Program (Program) offered through the CRA for the property located on Powerline Road between NW 4th Court and NW 5th Street. The Program is available for site, building and tenant improvements for commercial buildings for restaurant or retail uses.
Origin of request for this action: Staff
Fiscal impact and source of funding: $150,000 from 150-1910-539.83-42 Incentive Programs
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