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R17-119 RESOLUTION NO. R17- 119 A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA, APPROVING AND AUTHORIZING THE MAYOR TO SIGN AN AMENDMENT TO THE INTERLOCAL AGREEMENT BETWEEN THE CITY OF BOYNTON BEACH AND THE BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY FOR THE CRA FUNDING OF PORTION OF THE TOWN SQUARE DEVELOPMENT PROJECT INCREASING THE AMOUNT NOT • TO EXCEED$4,600,000;AND PROVIDING AN EFFECTIVE DATE. 11 WHEREAS; on June 12, 2017,the City Commission approved R17-057, an Interlocal 1 Agreement between The City of Boynton Beach ("City") and the Boynton Beach Community 1 Redevelopment Agency ("CRA") for funding assistance of the "Town Square Project" 1 ("Project"); and WHEREAS, the City and CRA staff has reviewed the elements of the project and 1• determined that certain costs of the Project can be funded by the CRA under the scope of the 1: CRA's Ocean District Plan and the CRA's 2016 Redevelopment Plan; and 1 WHEREAS, the amendment will increase the funding available from the CRA to 1: continue the adaptive reuse project of the high school and the Town Square project. 1• NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF 21 THE CITY OF BOYNTON BEACH,FLORIDA,THAT: 2 Section 1. Each Whereas clause set forth above is true and correct and incorporated 2. herein by this reference. 2 Section 2. The City Commission of the City of Boynton Beach,Florida does hereby 2, approve and authorize the Mayor to sign an Amendment to the Interlocal Agreement between 2- the City of Boynton Beach and the Boynton Beach Community Redevelopment Agency for C:\Program Files(X86)\Neevia.Com\Docconverterpro\Temp\NVDC\234F9329-88AB-43C5-B244-4FA18190C9A0\Boynton Beach.8002.1.Amendment To_ILA_With_CRA_For_Town_Square_-_Reso.Docx 26 CRA funding of portions of the Town Square Project increasing the amount not to exceed 27 $4,600,000, a copy of said Interlocal Agreement is attached hereto as Exhibit"A". 28 Section 3. That this Resolution shall become effective immediately upon passage. 29 PASSED AND ADOPTED this ,5r' day of /eCCmdCr, 2017. 30 CITY OF BOYNTON BEACH, FLORIDA 31 32 YES NO 33 34 Mayor—Steven B. Grant I 35 36 Vice Mayor—Justin Katz 37 38 Commissioner—Mack McCray 39 40 Commissioner—Christina L. Romelus 41 42 Commissioner—Joe Casello 43 44 VOTE v I 45 ATTEST: 46 47 /� 48 ` i 49 Judi' A. Pyle, CMC 50 Cit Clerk 51 52 53 (City Seal) Hobs 54 55 . m crIo C:\Program Files(X86)\Neevia.Com\Docconverterpro\Temp\NVDC\234F9329-88AB-43C5-B244-4FA18190C9A0\Boynton Beach.8002.1.Amendment_To_ILA_With_CRA_For Town_Square__Reso.Docx R/7- FIRST ADDENDUM TO THE INTERLOCAL AGREEMENT BETWEEN THE CITY OF BOYNTON BEACH AND THE BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY FOR THE FUNDING OF CERTAIN PORTIONS OF THE TOWN SQUARE PROJECT. This FIRST ADDENDUM TO THE INTERLOCAL AGREEMENT BETWEEN THE CITY OF BOYNTON BEACH AND THE BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY FOR THE FUNDING OF CERTAIN PORTIONS OF THE TOWN SQUARE PROJECT ("First Addendum") is entered into by and between the City of Boynton Beach (City) and the Boynton Beach Community Redevelopment Agency (CRA) (collectively referred to as the"Parties"). WHEREAS, the Parties entered into the INTERLOCAL AGREEMENT BETWEEN THE CITY OF BOYNTON BEACH AND THE BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY FOR THE FUNDING OF CERTAIN PORTIONS OF THE TOWN SQUARE PROJECT(Agreement) on June 13, 2017; and WHEREAS,the Parties wish to make certain additions to the Agreement; NOW THEREFORE, in consideration of the promises contained herein and in the Agreement, the sufficiency of which both Parties hereby acknowledge: 1) Incorporation. The recitals and other information above is hereby incorporated herein as if fully set forth. 2) Addition. The Agreement is now amended to include the following: Additional Obligations of the CRA. The CRA shall provide additional funding to the City in the maximum amount of Two Million Five Hundred Thousand and 00/100 dollars ($ 2,500,000) consistent with the approved CRA Fiscal Year Budget 2017- 2018 and adopted by Resolution R17-02 to be used for reimbursement of certain costs not prohibited by § 163.370(3), Florida Statutes after receipt of a request meeting the requirements of this paragraph. Upon receipt of a complete, written request from the City, the CRA shall make payments to the City on a quarterly basis for the reimbursement of direct expenses for the Town Square Project related activities consistent with the Plan. In order to be deemed complete, the written request from the City for payment must include copies of supporting documents, including but not limited to, applicable contracts, receipts and invoices indicating the amount and the purpose for the payment for which the City is seeking reimbursement. The CRA shall remit payment to the City within thirty (30) days of receipt of a complete request from the City. 00906693-1 3) General. Except as expressly set forth in this First Addendum, the Agreement is unmodified and remains in full force and effect, and is hereby ratified and confirmed by the CRA and the City. This First Addendum may be executed in any number of counterparts, any one and all of which shall constitute the agreement of the Parties and each of which shall be deemed an original. To the extent of any conflict between the Agreement and this First Addendum,this First Addendum shall control. IN WITNESS OF THE FOREGOING, the parties have set their hands and seals the day and year first above written. Approved as to Form: BOYNTON BEACH COMMUNITY REDE 0 MEg AGE► , iri,,4,,, --- Biy: , O fice of the CRA Attorney Steven B. Grant, CRA Chairman Approved as to Fo 1,. CITY OF BOYNTON BEACH 7 ia‘1661 By: 40 -<I Office of the CIT omey Steven B. Grant,Mayor 00906693-1