R03-058RESOLUTION NO. R03- O~3~3
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING
STAFF TO APPLY FOR A HUD SECTION 108 LOAN FOR
THE PURPOSE OF INITIATING PHASE I PROPERTY
ACQUISITION IN THE HEART OF BOYNTON
COMMUNITY REDEVELOPMENT AREA; AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, on December 4, 2001, the City Commission adopted, by Ordinance 01-
59, the Heart of Boynton Community Redevelopment Plan, and
WHEREAS, the Heart of Boynton Community Redevelopment Plan identified a
number of public sector actions, including land assembly, required for its implementation,
and
WHEREAS, the Plan recognized that this land assembly would require the
acquisition of real property and the displacement of some existing residents and businesses,
and
WHEREAS, the staff of both the City's Development Department and Community
Redevelopment Agency have identified those parcels necessary for acquisition in order to
implement the first phase of the Community Redevelopment Plan, and
WHEREAS, The use of Federal funds for the acquisition of residential properties
would require the use of the Federal Uniform Relocation Act, thereby allowing for maximum
benefits to displaced residents,
NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA, THAT:
S:\CALRESO\Grants~HUD Section 108 Reso.doc
Section 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as
being true and correct and are hereby made a specific part of this Resolution upon adoption
hereof.
Section 2. That staff is hereby authorized to apply for up to $3 million in federal
funds under the provisions of the Section 108 loan Guarantee Program of the U.S.
Department of HOusing and
Urban Development, for the purpose of Phase I property
acquisition and relocation in the Heart of Boynton Community Redevelopment area, and
Section 3. That staff is hereby authorized to apply for any related grants or
programs that may be used to enhance or leverage the Section 108 loan.
Section 4. That this Resolution shall become effective immediately upon passage.
PASSED AND ADOPTED this ~ ~" day of April, 2003.
['EST:
Clerk
Section 108 Reso.doc
Commissioner