Broward County Commission Regular Meeting

MOTION TO APPROVE Interlocal Agreement Regarding the City of Pompano Beach Community Redevelopment Agency between Broward County, the City of Pompano Beach, the Pompano Beach Community Redevelopment Agency, the North Broward Hospital District, and the Children’s Services Council of Broward County; and authorize the Mayor and Clerk to execute same.

(Per the Tuesday Morning Memorandum, Signature Pages for North Broward Hospital District have been received.)
 
(Transferred to the Consent Agenda.)

ACTION:  (T-10:33 AM)  Approved.
 
VOTE: 9-0.

Board action is required to approve the Interlocal Agreement.

Approves the Interlocal Agreement attached as Exhibit 1.

On February 27, 2018, the City of Pompano Beach (“City”) approved a conceptual proposal that would enable the City and the Pompano Beach Community Redevelopment Agency (“CRA”) to address persistent slum and blight in the residential district of the CRA, while also settling the pending litigation with the County, Pompano Beach Community Redevelopment Agency, et al. v. Broward County, 17th Judicial Circuit Court Case No. 14-009654 (18).

On March 20, 2018, the Board approved a conceptual counterproposal, which was subsequently approved in principle by the City in substantially the form proposed with the only substantive modification being to the terms of the final year’s funding obligation.

The proposed Interlocal Agreement was approved by the City and the CRA on July 10, 2018, by the North Broward Hospital District (“Hospital District”) on July 26, 2018 (signature page not yet received), and by the Children’s Services Council of Broward County (“CSC”) on July 9, 2018.

If approved, the Interlocal Agreement will accomplish the following:

• Invest $10M in County-selected, County-funded, and County-controlled projects to address slum and blight in the residential areas of the Northwest District of the CRA; and create a nine (9) member Residential District Advisory Board to provide nonbinding recommendations for such projects;

• Provide $13.75M in total funding to the CRA, funded over a six-year period commencing in FY2020 by the County ($7.525M), the Hospital District ($4.525M), and the CSC ($1.7M), to be used solely for approved projects or types of projects within the CRA (as identified in the Interlocal Agreement);

• End tax increment financing (TIF) obligations of the County, the Hospital District, and the CSC to the Northwest District of the CRA as of December 31, 2019, but permit the CRA to continue until 2040 funded solely by City TIF;

• Clarify the original delegation of authority by the County to the City includes the power to issue bonds;

• Reaffirm the requirement that any extension or enlargement of a community redevelopment agency requires prior approval by the County;

• Require independent annual audits of the CRA including compliance with the statutory requirements for utilization of TIF revenues; and

• Dismiss the pending litigation with prejudice.

René D. Harrod, Deputy County Attorney, (954) 357-7600