Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Jointly Apply With The Hollywood, Florida Community Redevelopment Agency ("CRA") For And If Awarded, Accept The South Florida Transit Oriented Development (SFTOD) Grant To Implement A Station Area Master Plan For A Total Estimated Cost Of $205,000.00; Amending The Fiscal Year 2017 Operating Budget (R-2016-284) As Detailed In Exhibits "1" And "2"; Authorizing A Portion Of The Required 20% Matching Funds In The Total Estimated Amount Of $16,400.00; Authorizing The Establishment Of Certain Accounts As Needed; And Further Authorizing The Appropriate City Officials To Execute Any And All Applicable Grant Documents And Agreement(s).
Body
Staff Recommends: Approval of the Attached Resolution
Explanation:
The South Florida Regional Transportation Authority (SFRTA), South Florida Regional Planning Council (SFRPC) and Treasure Coast Regional Planning Council (TCRPC) are implementing the South Florida Regional Transit Oriented Development (SFTOD) Pilot Program. SFTOD will fund planning activities around potential station areas that have been identified on that portion of the planned Tri-Rail Coastal Link (TRCL) corridor located on the FEC rail corridor. The TRCL corridor runs along the Florida East Coast (FEC) rail corridor from Jupiter to downtown Miami. The SFTOD activities will build on the regional Seven50 planning work previously funded by HUD and the Southeast Florida Regional Partnership, which was finalized in 2014. Southeast Florida adopted a "Region in Motion" vision for the future, which accommodates strong future growth along a network of high quality places connected by premium transit.
The City of Hollywood intends to apply in March 2017 for the $205,000.00 award from the Regional Planning Council's for a Station Area Master Plan that is estimated to cost $205,000.00. The City would be required to match the award by at least 20%. T...
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