TO: CRA Board of Commissioners
FROM: Jeff Costello, CRA Executive Director
DATE: November 13, 2018
Title
INTERLOCAL AGREEMENT BETWEEN THE DELRAY BEACH CRA, CITY OF DELRAY BEACH AND SCHOOL BOARD OF PALM BEACH COUNTY - ATLANTIC HIGH SCHOOL EAGLE NEST PROGRAM--PROJECT IV
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Recommended Action:
Recommendation
Approve the Interlocal Agreement between the Delray Beach CRA, the City of Delray Beach, and the School Board of Palm Beach County for the Eagle Nest Program Project 4 at Atlantic High School Career Academy thereby allowing the CRA to provide a loan of up to $150,000 to be used by the School District to construct a single-family home on the property.
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Background:
The subject property consists of a vacant approximately 50’ X 90’ (4,500 sq. ft.) lot in the Southwest Neighborhood (Subarea #8) and zoned R-1-A (Single Family Residential). The property (Lot 22, Block 32, Map of the Town of Linton, Florida) is being donated by the City.
The Atlantic High School Construction Academy Program prepares students for college and for employment in the building construction industry by providing the hands-on skills necessary to enter home-building, general contracting, and related industries. The program focuses on transferable skills and stresses the understanding of all aspects of the building construction industry. Academic studies and work experience are integrated. Training occurs in the classroom, lab, and at actual job sites as the students perform construction work building new homes as part of their high school curriculum. Once the home is complete it is sold to an income-qualified buyer through the City’s Purchase Assistance Program.
The CRA has previously participated in three Eagle Nest projects by providing construction loans for materials and necessary subcontractor work. Eagle Nest I is located at 46 NW 12th Avenue and Eagle Nest II is located at 232 NW 8th Avenue (houses completed and funding repaid). Eagle Nest III located at 108 N...
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