ID 2025-205
APPROVING THE INTERLOCAL AGREEMENT BETWEEN THE CITY OF MARGATE AND THE MARGATE COMMUNITY REDEVELOPMENT AGENCY REGARDING ADJUSTMENT OF THE TAX INCREMENT FUND DEPOSIT FROM 95% TO 80% OF THE STATUTORY INCREMENT REVENUES; PROVIDING FOR AMENDMENT TO THE ILA FOR CONTRIBUTION, SERVICES, AND COMPENSATION TO BE CONSISTENT WITH THE TERMS OF THIS ILA REGARDING REQUIRED TIF CONTRIBUTIONS WITHOUT FURTHER MCRA BOARD ACTION
- Committee
- Community Redevelopment Agency
- Requested by
- Margate CRA
- Introduced
- August 18, 2025
- On agenda
- September 10, 2025