TO: CRA Board of Commissioners
FROM: Kim N. Phan, Esq., Legal Advisor
THROUGH: Renée A. Jadusingh, Executive Director
DATE: January 25, 2022
INTERLOCAL AGREEMENT BETWEEN THE CITY OF DELRAY BEACH AND DELRAY BEACH COMMUNITY REDEVELOPMENT AGENCY FOR FUNDING CAPITAL IMPROVEMENT PROJECTS - FY 2021-2022
Recommended Action:
Approve the Interlocal Agreement (“ILA”) between the City of Delray Beach (“City”) and Delray Beach Community Redevelopment Agency (“CRA”) for funding for Capital Improvement Projects within the CRA District for Fiscal Year 2021-2022.
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 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:
|
|
|
Fiscal Year 2021 - 2022 Projects |
|
|
CRA GL# |
City Project |
Project Name |
CRA Funding |
|
5622 |
17-020 |
NW Neighborhood Design Phase |
$1,600,000 |
|
5236 |
21-007 |
Wayfinding Signage Project |
$1,100,000 |
|
5510 |
16-095 |
Osceola Park Neighborhood Improvements Phase 1 |
$642,052 |
|
5510 |
16-095 |
Osceola Park Neighborhood Improvements Phase 2 |
$5,173,950 |
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.
Attachments: Exhibit A - ILA for FY 2021-2022 for General Capital Improvement Projects.
CRA Attorney Review:
The CRA Attorney has prepared the attached Interlocal Agreement as to form and determined it to be acceptable.
Funding Source/Financial Impact:
Funding allocated in General Ledger #’s identified above in the FY 2021-2022 CRA Budget.
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.
Attachments: Exhibit A - ILA for FY 2021-2022 for General Capital Improvement Projects.
CRA Attorney Review:
The CRA Attorney has prepared the attached Interlocal Agreement as to form and determined it to be acceptable.
Funding Source/Financial Impact:
Funding allocated in General Ledger #’s identified above in the FY 2021-2022 CRA Budget.