Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Making Findings And Designating As A Brownfield Area Within The City Of Hollywood, Real Property Located At 2210 And 2110 Adams Street, Hollywood, Fl 33020, And Identified By Folio Nos. 514216011380 And 514216011460, Pursuant To Section 376.80(2)(C), Florida Statutes, For The Purpose Of Rehabilitation, Job Creation And Promoting Economic Redevelopment; Authorizing The City Of Hollywood To Notify The Florida Department Of Environmental Protection Of The Designation.
Body
Staff Recommends: Approval of the Attached Resolution.
Explanation:
Pinnacle at Peacefield ("Pinnacle") controls the property located at 2210 and 2110 Adams Street, Hollywood, Fl 33020, and identified by Folio Nos. 514216011380, and 514216011460, (the "Property").
At the behest of Pinnacle, City Staff would like for the City Commission to consider a request to designate the above-referenced property as a Brownfield Area pursuant to section 376.80(2)(c), Florida Statutes, of Florida's Brownfields Redevelopment Act.
The State of Florida has provided in the Brownfield Redevelopment Act (the "Act") cited as Sections 376.77 - 376.86, Florida Statutes, for the designation, by resolution of a municipal governing body, of one or more parcels as a "Brownfield Area," and for the corresponding provision of environmental remediation, rehabilitation and economic development.
Pinnacle, has requested that the City Commission of the City of Hollywood, Florida (the "City") designate the Property as a "Brownfield Area" pursuant to Section 376.80(2)(c), Florida Statutes.
The criteria set forth in Section 376.80(2)(c), Florida Statutes, and the Property qualifies for designation as a "Brownfield Area" because the following requirements have been satisfied:
1. Pinnacle controls the Property which is proposed for designation and has agreed to rehabilitate and redevelop it;
2. The rehabilitation and redevelopment of the Property w...
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