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County Administrator's Report 17. 23.
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| BCC Regular Meeting |
Budget & Finance Consent |
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| RECOMMENDATION: |
Recommendation Concerning Commercial Facade, Landscape, and Infrastructure Grant Program Funding and Lien Agreements -Tonya Gant, Neighborhood & Human Services Department Director
That the Board ratify the following October 20, 2016, action of the Board of County Commissioners of Escambia County, acting in its capacity as the Escambia County Community Redevelopment Agency (CRA), concerning the Commercial Facade, Landscape, and Infrastructure Grant Program Funding and Lien Agreements for property located at 3740 North Pace Boulevard:
A. Approving the Commercial Facade, Landscape, and Infrastructure Grant Funding and Lien Agreements between Escambia County CRA and LOJ, LLC, owner of commercial property located at 3740 North Pace Boulevard, Pensacola, Florida, in the Palafox Redevelopment District, each in the amount of $962 representing an in-kind match through the Palafox Tax Increment Financing (TIF), Cost Center 370115, Object Code 58301, for parking lot improvement; and
B. Authorizing the Chairman to sign the Funding and Lien Agreements and any related documents necessary to implement this Grant award.
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| 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 incentize private investment to upgrade the appearance, property values, and economic activity on selected commercial corridors and/or residential properties. A rendering of the project is attached. |
| BUDGETARY IMPACT: |
Funding for the Grant will be provided as follows;
1. LOJ LLC, Cost Center 370115, in the amount of $962
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| 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.
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| PERSONNEL: |
Neighborhood & Human Services Department/Community Redevelopment Agency (NHS/CRA) staff will handle this Grant award.
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| POLICY/REQUIREMENT FOR BOARD ACTION: |
| Board approval is required for disbursement of funds to all private individuals or outside agencies. |
| IMPLEMENTATION/COORDINATION: |
| NHS/CRA staff, in coordination with the property owner, will handle all implementation tasks. |
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