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File #: 18-0579 CRA    Version: 1 Name:
Type: CRA Funding Assistance Status: Agenda Ready
File created: 5/18/2020 In control: Community Redevelopment Agency
On agenda: 5/26/2020 Final action:
Title: SITE DEVELOPMENT ASSISTANCE FUNDING - LAW OFFICES OF HERMAN STEVENS JR. & ASSOCIATES (75 SW 5TH AVENUE)
Attachments: 1. Agenda Cover Report, 2. Exhibit A - Location Map, 3. Exhibit B - Photos of Existing Conditions, 4. Exhibit C - Funding Assistance Detail Sheet, 5. Exhibit D - Application Form, 6. Exhibit E - Project Narrative, 7. Exhibit F - Business Plan & Financial Projections, 8. Exhibit G - Site Development Assistance Program Guidelines
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO: CRA Board of Commissioners
FROM: Alexina Jeannite, Grant Manager
THROUGH: Renée A. Jadusingh, Esq., Executive Director
DATE: May 26, 2020

Title
SITE DEVELOPMENT ASSISTANCE FUNDING - LAW OFFICES OF HERMAN STEVENS JR. & ASSOCIATES (75 SW 5TH AVENUE)

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Recommended Action:
Recommendation
Approve the Site Development Assistance Program Funding Agreement with Law Offices of Herman Stevens Jr. & Associates for the proposed exterior improvement project located at 75 SW 5th Avenue, for an amount not to exceed $10,000.00, subject to issuance of the permit by the City of Delray Beach for said improvements.

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Background:
The Law Offices of Herman Stevens Jr. & Associates is owned by Mr. Herman Stevens, Jr. (Owner) and is located at 75 SW 5th Avenue, within CRA sub-area #3. With a specialization in criminal law, Mr. Stevens’ firm has been serving the community for over 20 years, providing representation in felony, misdemeanor, traffic, and juvenile cases.

The Owner submitted an application to the CRA for funding in April 2020, requesting assistance that would protect the building from potential inclement weather during hurricane season. Funding assistance is requested for exterior improvements to include the purchase and installation of impact grade windows and doors, and related permits and fees. If approved, the Owner anticipates that the project will be fully completed by September 2020.

All estimated eligible expenses are listed in the attached Funding Detail Sheet and are in alignment with the program guidelines.

TABLE 1 AMOUNT
Estimated total capital investment $12,000.00

Estimated eligible expenses $10,000.00

Recommended funding assistance (up to) $10,000.00

If approved, funding would be disbursed accordingly:

TABLE 2AMOUNT
Maximum Progress Payment (75% of award) $7,500.00

Withheld Payment (25% of award) $2,500.00

TOTAL MAXIMUM AWARD $10,000.00


As stated in the funding program guidelines, no more than 75% of the...

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