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File #: R-2018-032    Version: 1 Name: Crispus Commons HOME Agreement
Type: Resolution Status: Passed
File created: 12/14/2017 In control: Community Development Division
On agenda: 1/17/2018 Final action: 1/17/2018
Title: A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute The Attached First Amendment To The Agreement Between Liberia Economic And Social Development, Inc. (LES) And The City Of Hollywood In Order To Revise Exhibit "D" Relating To The Timeline For The Construction And Sale Of Twelve (12) Affordable Townhomes On The Crispus Commons Parcel.
Attachments: 1. ResoAMEND-LESHOMETOWNHOMEPROJECTDEC112017_REV.pdf, 2. First Amendment.pdf, 3. TERMSHEETLESCRISPUSCOMMONSHOMETOWNHOMEFIRSTAMS2018.pdf

Title

A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute The Attached First Amendment To The Agreement Between Liberia Economic And Social Development, Inc. (LES) And The City Of Hollywood In Order To Revise Exhibit “D” Relating To The Timeline For The Construction And Sale Of Twelve (12) Affordable Townhomes On The Crispus Commons Parcel.

 

 

Body

 

Staff Recommends:  Approval of Attached Resolution.

 

 

Explanation:

On November 1, 2017 the City Commission passed Resolution R-2017-316 approving an investment of $282,000.00 in Home Investment Partnerships Program (HOME) funds for the development by Liberia Economic and Social Development, Inc. (LES) and the Broward Alliance for Neighborhood Development, Inc. (BAND) of twelve (12) affordable townhomes in the Liberia Neighborhood and authorizing execution of an agreement between the City and LES to facilitate the investment. 

 

Exhibit ‘D’ of the Agreement contains a Timetable/Schedule for the project.  Staff has determined that it is necessary to amend the Timetable/Schedule due to the need to revise certain civil engineering plans before the project can be placed on the agenda for consideration by the Development Review Board.  It is appropriate to obtain City Commission approval of the amendment.  The overall term of the Agreement remains the same and is not affected by the amendment.

 

 

Recommended for inclusion on the agenda by:

Dr. Wazir Ishmael, City Manager

Gus Zambrano, Assistant City Manager for Sustainable Development

Thomas Barnett, Director of the Department of Development Services

Clay Milan, Community Development Manager