A RESOLUTION OF THE CHAIR AND BOARD OF DIRECTORS OF THE HALLANDALE BEACH COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING THE EXECUTIVE DIRECTOR AND HBCRA ATTORNEY TO NEGOTIATE AND FINALIZE AN AGREEMENT WITH HALLANDALE CITY CENTER, LLC TO PROVIDE A RENTAL GAP SUBSIDY TO HALLANDALE CITY CENTER, LLC FOR A FIVE YEAR PERIOD IN THE AMOUNT OF $349,920, SUBJECT TO INCREASES BASED ON THE BROWARD COUNTY INCOME LIMITS; AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE THE AGREEMENT; AUTHORIZING THE EXECUTIVE DIRECTOR TO TAKE ALL ACTION NECESSARY TO IMPLEMENT THE TERMS OF THE AGREEMENT; AND PROVIDING AN EFFECTIVE DATE. (STAFF : EXECUTIVE DIRECTOR)

Resolution Agenda Ready Introduced March 12, 2024

What this record is

Amount: $350K
Runs until: March 12, 2029 3 years away calculated from the contract term stated in the record
Type: contract

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