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Budget/Finance 1.

Community Redevelopment Agency

Meeting Date:	02/19/2015
Issue: Residential Rehab Grant Program Funding and Lien Agreements for 210 West Sunset Avenue
From:	Keith Wilkins
Department:	Community & Environment
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Residential Rehab Grant Program Funding and Lien Agreements for 210 West Sunset Avenue - Keith Wilkins, Community & Environment Department Director

That the Board take the following action concerning the Residential Rehab Grant Program Funding and Lien Agreements:

A. Approve the Residential Rehab Grant Program Funding and Lien Agreements between Escambia County CRA and David Frentzel, the owner of residential property located at 210 West Sunset Avenue, Pensacola, Florida, in the Warrington Redevelopment District, each in the amount of $4,231 representing an in-kind match through the Warrington Tax Increment Financing (TIF), Fund 151, Cost Center 220516, Object Code 58301, to replace roof and sanitary sewer connection; and

B. Authorize the Chairman to sign the Funding and Lien Agreements and any related documents necessary to implement this Grant award.

BACKGROUND:

The CRA created the matching Grant programs to be implemented within the County's redevelopment districts. The intent of the matching Grant programs is to encourage private investment to upgrade the appearance, property values, and economic activity on residential properties. A rendering of the project is attached.

BUDGETARY IMPACT:

Funding for the Grant will be provided as follow:

1. David Frentzel, Warrington TIF, Cost Center 220516, Object Code 58301, in the amount of $4,231.

LEGAL CONSIDERATIONS/SIGN-OFF:

The Funding and Lien Agreements were reviewed and approved as to form and legal sufficiency by Kristin Hual, Assistant County Attorney.

PERSONNEL:

Community & Environment Department/Community Redevelopment Agency (CED/CRA) staff will handle this Grant award.

POLICY/REQUIREMENT FOR BOARD ACTION:

Board approval is required for disbursement of funds to all private individuals or outside agencies.

IMPLEMENTATION/COORDINATION:

CED/CRA staff, in coordination with the property owner, will handle all implementation tasks.

Attachments
D Frentzel-210 Sunset Ave_Feb2015