R17-0571
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RESOLUTION NO. R17 -057
A RESOLUTION OF THE CITY OF BOYNTON BEACH,
FLORIDA, APPROVING AND AUTHORIZING THE MAYOR TO
SIGN AN 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
IN AMOUNT NOT TO EXCEED $2,100,000; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS; The City of Boynton Beach ( "City ") and the Boynton Beach
Community Redevelopment Agency ( "CRA ") have for several years jointly pursued
redevelopment of property within the CRA redevelopment area bounded on the north by
Boynton Beach Boulevard, on the south by SE 2 °a Avenue, the west by Seacrest Boulevard
and the east by SE 1 St Street. The area is commonly known as the "Town Square Project"
( "Project "). and
WHEREAS, the CRA has determined that certain costs of the Project can be funded
by the CRA under the scope of the CRA's' Ocean District Plan and the CRA's 2016
Redevelopment Plan; and
WHEREAS, the City has entered into a Development Agreement for the Project that
includes improves which can and need be funded by the CRA; and
WHEREAS, the attached Interlocal Agreement contains the details of the CRA
funding commitments associated with the Project.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA, THAT:
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Section 1. Each Whereas clause set forth above is true and correct and
incorporated herein by this reference.
Section 2. The City Commission of the City of Boynton Beach, Florida does
hereby approve and authorize the Mayor to sign the Interlocal Agreement between the City of
Boynton Beach and the Boynton Beach Community Redevelopment Agency for CRA funding
of portions of the Town Square Project, a copy of said Interlocal Agreement is attached hereto
as Exhibit "A ".
Section 3. That this Resolution shall become effective immediately upon passage.
PASSED AND ADOPTED this 1,,2 -1-* day of JR JVZ , 2017.
CITY OF BOYNTON BEACH, FLORIDA
YES NO
Mayor — Steven B. Grant
Vice Mayor — Justin Katz
' !
Commissioner — Mack McCray
Commissioner — Christina L. Romelus
Commissioner — Joe Casello
VOTE
ATTEST:
Judit A. Pyle, CMC
Ci,� Clerk
(Corporate Seal)
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