TO: CRA Board of Commissioners
FROM: Renée A. Jadusingh Esq., Executive Director
DATE: October 27, 2020
Title
INTERLOCAL AGREEMENT BETWEEN THE CITY OF DELRAY BEACH AND THE DELRAY BEACH COMMUNITY REDEVELOPMENT AGENCY FOR FUNDING CONSTRUCTION/PROFESSIONAL SERVICES FOR FISCAL YEAR 2020-2021
Body
Recommended Action:
Recommendation
Approve the Interlocal Agreements (ILA) between the City of Delray Beach and the Delray Beach Community Redevelopment Agency for funding for Capital Improvement Projects within the CRA District for Fiscal Year 2020-2021.
Body
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 Engineering or other 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:
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.
Attachment(s): Exhibit A - ILA for FY 2020-21 for General Capital Improvement Projects
CRA Attorney Review:
The CRA Attorney has reviewed the Funding Agreement to form and determined it to be acceptable.
Funding Source/Financial Impact:
Funding allocated in General Ledger #’s identified above in the FY 2020-2021 CRA Budget.