TO: CRA Board of Commissioners
FROM: Renée A. Jadusingh, Executive Director
DATE: November 18, 2024
Title
INTERLOCAL AGREEMENT BETWEEN THE CITY OF DELRAY BEACH AND DELRAY BEACH COMMUNITY REDEVELOPMENT AGENCY FOR FUNDING CONSTRUCTION/PROFESSIONAL SERVICES - FISCAL YEAR 2024-2025
Body
Recommended Action:
Recommendation
Approve the Interlocal Agreement (“ILA”) between the City of Delray Beach (“City”) and Delray Beach Community Redevelopment Agency (“CRA”) for funding for Construction/Professional Services within the CRA District for Fiscal Year 2024-2025, in substantially the attached form.
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Background:
The implementation of many of the projects contained in the Community Redevelopment Plan, particularly the public infrastructure projects resulting from the adopted Neighborhood and Redevelopment Plans, require a joint City/CRA effort. The typical arrangement involves the CRA funding all or a portion of the project, and the City’s staff overseeing the bidding and construction processes. Each year the City and CRA enter into an interlocal agreement to formalize the CRA’s commitment to fund the specific projects. This year’s projects include the following:
|
|
|
Fiscal Year 2024-2025 Projects |
|
|
CRA GL# |
City Project # |
Project Name |
CRA Funding |
|
5661 |
TBD |
Pompey Park Construction |
$45,000,000 |
|
5622 |
TBD |
NW Neighborhood Improvements |
$8,160,880 |
|
5525 |
|
Osceola Park Infrastructure Improvements - Certified Engineering Services |
$62,000 |
|
5201 |
TBD |
Implementation of Old School Square Master Plan |
$500,000 |
|
5525 |
23-007 |
Currie Commons Restrooms |
$600,000 |
|
5625 |
TBD |
Artists Alley Project |
$324,000 |
|
5621 |
TBD |
Merritt Park Shade Structure |
$150,000 |
|
5364 |
TBD |
Carver Square Park |
$360,000 |
Funds will be transferred to the City at the time that a contract is awarded, or service authorization (consultant agreement) is approved for each project.
Attachments: Exhibit A - ILA for FY 2024-2025 for Funding Construction/Professional Services - FY 2024-2025
CRA Attorney Review:
The CRA Attorney has prepared the attached Interlocal Agreement as to form and determined it to be acceptable, in substantially the attached form.
Funding Source/Financial Impact:
Funding has been allocated in General Ledger #’s identified above in the FY 2024-2025 CRA Budget.
Overall need within the Community Redevelopment Area from Delray Beach CRA Redevelopment Plan:
Removal of Slum And Blight
Land Use
Economic Development
Affordable Housing
Downtown Housing
Infrastructure
Recreation and Cultural Facilities