Title
A Resolution Of The Hollywood, Florida Community Redevelopment Agency (“CRA”), Approving And Authorizing The Appropriate CRA Officials To Execute An Amendment To The Lease Agreement With 1948 Harrison Street Realty, LLC For The Leasing Of The Property Located At 1948 Harrison Street To Be Used As Office Space For CRA Daily Operations.
Strategic Plan Focus
Infrastructure & Facilities
Body
Staff Recommends: Approval of the attached Resolution.
Explanation:
The CRA entered into an agreement to lease office space centrally located in Downtown Hollywood at 1948 Harrison Street, from 1948 Harrison Street Realty, LLC. The lease commenced on May 15, 2016, and is set to expire on May 31, 2026. This requested six-month extension would expire on November 30, 2026. The office currently provides workspace for nine employees and the supervisor of the vendor, Block by Block, as well as an easy-to-access resource and location for the Beach and Downtown District business and property owners.
The Deputy Director of the CRA recommends that the CRA Board authorize the appropriate CRA Officials to execute an amendment to the Agreement with 1948 Harrison Street Realty, LLC.
Fiscal Impact:
Funding for this lease agreement is available in the FY 2026 Operating Budget in account numbers 163.638501.55200.544020.000000.000.000 and 166.668601.55200.544020.000000.000.000.
Recommended for inclusion on the agenda by:
Susan Goldberg, Deputy Director