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HomeMy WebLinkAboutCRA-R-15-0018 Cover Memo (2)SEOPW Board of Commissioners Meeting June 11,2015 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Keon Hardemon and Members of the CRA Board Date: May 28, 2015 File: 15-00629 Subject: Resolution Authorizing a Fourth Amendment to Development Agreement with Overtown Gateway Partners, LLC. From: Clarence E. Woods, Ili References: Executive Director Enclosures: Legislation BACKGROUND: It is recommended that the Board of Commissioners adopt the accompanying resolution approving a fourth amendment ("Fourth Amendment") by and between the Southeast Overtown/Park West Community Redevelopment Agency and Overtown Gateway Partners, LLC ("Developer") to the development agreement dated as of January 29, 2014, as amended by Amendment dated as of April 25, 2014, and as amended by Second Amendment dated as of May 30, 2014, and as amended by Third Amendment dated July 15, 2014. RECOMMENDATION: It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency approve and adopt the attached Resolution, with Attachment(s), authorizing the Executive Director to enter into the Fourth Amendment in substantially the form attached.