25-033
MOTION TO APPROVE Interlocal Agreement (Exhibit 1) with the Town of Davie and Town of Davie Community Redevelopment Agency (CRA) to approve extension of the Town of Davie CRA beyond the current expiration date of December 17, 2027, for an additional approximately 12 years through September 30, 2039, with no extension to tax increment financing for taxing authorities other than the Town of Davie but with annual contributions by the County of $2,320,000 (estimated 50% of County’s projected 2027 Tax Increment Financing (“TIF”)) for eight years commencing December 1, 2027, to be used only for affordable housing, for a total contribution of $18,560,000. (Commission District 5)
- Committee
- Public Works and Environmental Services - Housing Finance Authority
- Requested by
- Resilient Environment - Housing Finance Division
- Introduced
- January 10, 2025
- On agenda
- February 25, 2025
- Passed
- February 25, 2025
Where it was heard
County CommissionWatch Broward County
Say what matters to you — a street, a company, a subject — and we will email you when Broward County files something about it.
Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.