TO: Mayor and Commissioners
FROM: John Morgan, Director Environmental Services
THROUGH: Chief Neal deJesus, Interim City Manager
DATE: January 10, 2017
Title
THIRD AMENDMENT TO INTERLOCAL AGREEMENT BETWEEN THE CITY OF DELRAY BEACH AND THE DELRAY BEACH COMMUNITY REDEVELOPMENT AGENCY FOR FUNDING CONSTRUCTION / PROFESSIONAL SERVICES FOR CAPITAL PROJECTS - FY 2015-2016.
Body
Recommended Action:
Recommendation
Motion to Approve the Third Amendment to the Interlocal Agreement (ILA) between the City and the Community Redevelopment Agency (CRA) to provide for changes in the amount to 2015-2016 projects listed in Exhibit 'A' to the Original Agreement.
Body
Background:
On September 13, 2016, City Commission approved the Second Amendment to the Interlocal Agreement (ILA) between the City and the Community Redevelopment Agency (CRA) for funding of construction and professional services to revise the funding amounts for projects approved in the CRA's final FY 2015-2016 Budget Amendment.
The City of Delray Beach and the CRA desire to amend Exhibit “A” the Original Agreement, as previously amended by the Second Amendment, the Third Amendment reflects the actual amount of funding provided by the CRA at the end of FY 2015-2016 for the projects listed in Exhibit “A” in conjunction with the CRA’s Final budget Amendment for FY 2015-2016.
City Attorney Review:
Finance Department Review:
Finance recommends approval.
Funding Source:
Funding is available from the Community Redevelopment Agency through multiple accounts.
Timing of Request:
This item is for the close out of last fiscal year's project funding from the CRA.