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R09-042 I J I 1 RESOLUTION NO. R09- Dt.I ~ 2 3 4 A RESOLUTION OF THE CITY COMMISSION OF 5 BOYNTON BEACH, FLORIDA, APPROVING AND 6 AUTHORIZING THE MAYOR TO EXECUTE 7 AMENDMENT NO.2 TO THE AGREEMENT BETWEEN 8 THE CITY OF BOYNTON BEACH AND THE BOYNTON 9 BEACH COMMUNITY REDEVELOPMENT AGENCY 10 TO PROVIDE FOR THE INSTALLATION OF PUBLIC 11 IMPROVEMENTS ON SOUTHEAST 4TH STREET AND 12 REFLECT THE REVISED CRA COST; AND 13 PROVIDING AN EFFECTIVE DATE. 14 15 16 WHEREAS, on February 7, 2006, the City and CRA entered into an Interlocal 17 Agreement for the purpose of sharing the costs of various improvements along SE 4th Street 18 corridor from Southeast 2nd Avenue to Southeast 12th Avenue which improvements are located 19 within the boundaries of the CRA; and 20 WHEREAS, on December 9,2008, the City and CRA entered into Amendment No 1 21 to the Interlocal Agreement; and 22 WHEREAS, the CRA received notification of an allocation of District IV Gas Tax 23 Funding in the amount of $300,000.00 to offset costs of various beautification/streetscape 24 elements of the project. These funds will go directly to the City thereby reducing the CRA's 25 financial obligation to the City regarding the Interlocal Agreement; and 26 WHEREAS, the City Commission of the City of Boynton Beach, upon 27 recommendation of staff, deems it to be in the best interests of the residents and citizens of the 28 City of Boynton Beach to approve Amendment No.2 to the Interlocal Agreement between the 29 City of Boynton Beach and Boynton Beach Community Redevelopment Agency to provide 30 for the installation of public improvements on Southeast 4th Street. S.ICAIRESO\Agreements..lnterlocalsILA with CRA SE 4TH STREET Amendment No 2.doc II I 1 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF 2 THE CITY OF BOYNTON BEACH, FLORIDA, THAT: 3 Section 1. Each Whereas clause set forth above is true and correct and 4 incorporated herein by this reference. 5 Section 2. The City Commission of the City of Boynton Beach, Florida does 6 hereby approve and authorize the Mayor to execute Amendment No. 2 to the Interlocal 7 Agreement between the City of Boynton Beach and the Boynton Beach Community 8 Redevelopment Agency to provide for the installation of public improvements on Southeast 9 4th Street, a copy of said Amendment is attached hereto as Exhibit "A". 10 Section 3. That this Resolution shall become effective immediately upon passage. 11 PASSED AND ADOPTED this 2/sJ. day of March, 2009. 12 CITY OF BOYNTON BEACH, FLORIDA 13 ~~rV 14 15 16 ~ayor - erry ylor 17 18 19 20 21 22 23 24 C 25 <.:.-..~, ..~ 26 27 28 ATTEST: 29 ~. p~ 30 31 32 33 34 A with CRA SE 4TH STREET Amendment No 2.doc R 09 - oL/d... EXHIBIT A SECOND AMENDMENT TO INTERLOCAL AGREEMENT BETWEEN THE BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY AND THE CITY OF BOYNTON BEACH TO PROVIDE FOR THE INSTALLATION OF A PUBLIC IMPROVEMENTS ON SOUTHEAST 4TH STREET This Second Amendment to the Interlocal Agreement, is made and entered into this _ day of 2009, by and between the BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY, hereinafter referred to as "CRA" and the CITY OF BOYNTON BEACH, a municipal corporation of the State of Florida, hereinafter referred to as "City," and WITNESSETH; WHEREAS, the CRA and the City entered into an Interlocal Agreement dated February 7,2006 (the "Interlocal Agreement"); and WHEREAS, the CRA and the City entered into Amendment No. 1 to the Interlocal Agreement dated December 9, 2008; and WHEREAS, the CRA and the City agree to amend the Interlocal Agreement as hereinafter set forth. NOWTHEREFORE, In consideration of the terms and provisions hereof and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by each of the parties it is agreed as follows; 1. Section 3. COMPENSATION is hereby amended by revising the following Paragraph 3.02 to read as follows; 3.02 The Table 1 'CRA Share' of $1,273,000 will be reduced to $973,000 upon the receipt of the Count grant in the amount of $300,000, which grant although awarded to the CRA will be paid directly to the City. Such grant is expected to be paid no later than September 30, 2009. The remaining balance to be paid by the CRA to the City of $973,000 will be paid to the City upon billing by the City after the receipt of Tax Increment Revenue from the City of Boynton Beach and Palm Beach County for the Fiscal Year 2010/2011. However, if construction related to the CRA Share is not completed, no funds will be expended until and unless such construction is completed and the CRA receives supporting documentation of such completion of the CRA Share. Payments shall be made by the CRA no later than thirty (30) days after receipt of an invoice and the supporting documentation from the City. Said payments will be made payable to the City of Boynton Beach and mailed to Attn: Finance Department, City of Boynton Beach, 100 E. Boynton Beach Boulevard, Boynton Beach, Florida 33425. In the event of any dispute between the City and consultant(s) or contractor(s) over the right to receive all or any payments under the contracts(s), the CRA shall comply with the direction of the City and shall be indemnified by the City as set forth in Section 6 below. C:\Documents and Settings\laverrierel\Local Settings\Temporary Internet Files\OLK5B\Amendment No 2 - 4th Street ILA.doc 2. In all other respects, the parties ratify and confirm the Interlocal Agreement dated February 14, 2006 and Amendment NO.1 dated December 9,2008. IN WITNESS WHEREOF, the parties have set their hands and seals this :1..- day of ~k~l--, ,2009. BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY, a public agency organized and existing under the laws of the State of Florida. CITY OF BOYNTON BEACH, a municipal corporation organized and existing under The laws of the State of Florida. By: m. ~ './ CITY SEAL -_....~_. . C:\Documents and Sertings\laverrierel\Local Settings\Temporary Internet Files\OLK5B\Amendment No 2 - 4th Street ILA.doc Stanzione, Tammy From: Stanzione, Tammy Sent: Tuesday, March 10, 2009 10:17 AM To: Bright, Lisa Cc: Buckley, Ashley Subject: Resolution 09-042 2nd Amendment to ILA between the Boynton Redevelopment Agency and the City of Boynton Beach Importance: High Attachments: Scan09031 0091 031. pdf ~ Scan090310091031 .pdf (241 KB) Attached for your information and your files is a copy of the agreement mentioned above. Tammy L. Stanzione Administrative Associate City Clerk's Office City of Boynton Beach (561) 742-6060 stanzionet@bbfl.us -----Original Message----- From: bizhub@ci.boynton-beach.fl.us [mailto:bizhub@ci.boynton-beach.fl.us] Sent: Tuesday, March 10, 2009 10:11 AM To: Stanzione, Tammy Subject: 1