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File #: 18-0687 CRA    Version: 1 Name:
Type: CRA Funding Assistance Status: Agenda Ready
File created: 10/19/2020 In control: Community Redevelopment Agency
On agenda: 10/27/2020 Final action:
Title: REINSTATEMENT AND FIRST AMENDMENT TO SITE DEVELOPMENT ASSISTANCE FUNDING AGREEMENT - AGT LAND, P.A.
Attachments: 1. Agenda Cover Report, 2. Exhibit A - First Amendment - Funding Agreement
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:                      October 27, 2020

 

Title

REINSTATEMENT AND FIRST AMENDMENT TO SITE DEVELOPMENT ASSISTANCE FUNDING AGREEMENT - AGT LAND, P.A.

 

Body

Recommended Action:

Recommendation

Reinstate and amend the terms of the funding agreement and extend the termination dates to the end of the year - December 31, 2020; and to allow the Executive Director to execute any additional amendments.

 

Body

Background:

At the January 28, 2020 CRA Board Meeting, the CRA Board approved a Site Development Assistance Funding award for AGTLAND, P.A. (AGT Land).  AGT Land is a full-service Landscape Architecture firm located at 132 North Swinton Avenue, within CRA sub-area #3.

 

Soon after the approval of the award and execution of the agreement, construction work was set to begin.  However, contractors discovered significant structural issues with the property that required AGT Land to submit revised structural plans to the City of Delray Beach as well as with the Historical Board.  This process caused major delays and the overall project was further delayed due to the unexpected COVID-19 pandemic. 

 

The project is officially underway and has continued to progress smoothly.  The original agreement termination date for AGT Land was September 30, 2020.  As the project is moving forward, Staff is requesting the agreement be reinstated and the terms of the funding agreement amended to extend the termination date to the end of the year to December 31, 2020.

 

Attachments: Exhibit A - Reinstatement and First Amendment to Site Development Assistance Funding Agreement - AGT

 

CRA Attorney Review:

The CRA Attorney has reviewed the Funding Agreement to form and determined it to be acceptable.

 

Finance Review:

N/A

 

Funding Source/Financial Impact:

N/A