Title
A Resolution Of The Hollywood, Florida, Community Redevelopment Agency ("CRA"), Authorizing The Appropriate CRA Officials To Jointly Apply With City Of Hollywood (City) 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; Authorizing A Portion Of The Required 20% Matching Funds, In The Total Estimated Amount Of $24,600.00, To Be Paid From The CRA's Account Number 66.0186.00190.552.003117; Authorizing The Establishment Of Certain Accounts To Recognize And Appropriate The CRA Required Funding, If Awarded; And Further Authorizing The Appropriate CRA 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.
Funding was awarded for SFTOD through the Federal Transit Administration (FTA)'s Transit Oriented Development Planning 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.
If awarded, this funding will provide the CRA and City with a Station Area Master Plan that will guide and manage development and redevelopment within the station area or along a transit corridor, integrating the transit facilities and mobility improvements into municipal or county land use plans.
The Station Area Master Plan would include an evaluation of existing, planned, and potential development activity surrounding a potential Tri-Rail Coastal station, market feasibility and economic analysis, multi-modal transportation improvements (i.e. - transit, roadway...
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