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File #: 23-232 CRA    Version: 1 Name:
Type: CRA Board Action Status: Agenda Ready
File created: 11/8/2023 In control: Community Redevelopment Agency
On agenda: 11/16/2023 Final action:
Title: INTERLOCAL AGREEMENT BETWEEN THE CITY OF DELRAY BEACH AND THE DELRAY BEACH REDEVELOPMENT AGENCY FOR PARTNERSHIP FOR THE 2024 DELRAY BEACH OPEN TENNIS TOURNAMENT - $905,000
Attachments: 1. Agenda Cover Report, 2. Exhibit A - ILA for the Delray Open Tennis Tournament 2023-2024, 3. Exhibit B - Diamond "City" Partner, 4. Exhibit C - 2023 Delray Beach Open Economic Impact
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO: CRA Board of Commissioners
FROM: Renée A. Jadusingh, Executive Director
DATE: November 16, 2023

Title
INTERLOCAL AGREEMENT BETWEEN THE CITY OF DELRAY BEACH AND THE DELRAY BEACH REDEVELOPMENT AGENCY FOR PARTNERSHIP FOR THE 2024 DELRAY BEACH OPEN TENNIS TOURNAMENT - $905,000

Body
Recommended Action:
Recommendation
Approve the Interlocal Agreement between the City of Delray Beach (“City”) and the Delray Beach Redevelopment Agency (“CRA”) for partnership for the 2024 Delray Beach Open Tennis Tournament (“Tournament”), in an amount not to exceed $905,000, in substantially the attached form.

Body
Background:
At the September 28, 2023 CRA Board meeting, the Board adopted the CRA Annual Budget for Fiscal Year 2023-2024 (“Annual Budget”). The CRA’s Annual Budget allocates funds for this matter in an amount not to exceed $905,000. The Tournament takes place from February 9, 2024 to February 18, 2024 at the Delray Beach Tennis Center. The CRA has provided the following funds in prior years as follows:

Fiscal Year Amount
2023 - 2024 $905,000
2022 - 2023 $905,000
2021 - 2022 $905,000
2020 - 2021 $905,000
2019 - 2020 $905,000
2018 - 2019 $905,000
2017 - 2018 $1,000,000
2016 - 2017 $993,780
2015 - 2016 $550,000
2014 - 2015 $550,000
2013 - 2014 $550,000
2012 - 2013 $535,000
2011 - 2012 $535,000
2010 - 2011 $500,000
2009 - 2010 $500,000
2008 - 2009 $500,000

The Delray Beach Tennis Center is located within the CRA’s District. The Tournament attracts numerous spectators to the CRA District who also patronize local businesses, which provides a beneficial economic impact to those businesses located within the CRA District and provides an opportunity for the CRA to disseminate community redevelopment information. The Tournament will also provide the CRA with the unique opportunity to survey and obtain feedback from the community on upcoming CRA redevelopment projects.

Section 163.387(6)(c)(9), Florida Statutes, authorizes the expenditur...

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