Kathleen S. Margoles

Community and Economic Development Director

First Amendment to Interlocal Agreement Between Broward County and City of Oakland Park/Oakland Park Community Redevelopment Agency for Jaco Pastorius Park

Issue Statement: The City of Oakland Park and CRA requested and received authorization from the County for the reallocation of the Central Market BRP of $150,000 awarded in 2013 cycle funding to the Jaco Pastorius Grand Plaza BRP project awarded in 2016.

Solution Statement: The City Commission/CRA adopt the Resolution and authorize the appropriate City Officials to execute the First Amendment to Interlocal Agreement Between Broward County and City of Oakland Park/Oakland Park Community Redevelopment Agency for Jaco Pastorius Park. The City of Oakland Park and CRA received approval from Broward County on May 10, 2016 to reallocate $150,000 to the Jaco Pastorius Grand Plaza Project, bringing the total of BRP funding to $700,000.00.

Broward County has prepared the attached First Amendment to Interlocal Agreement Between Broward County and City of Oakland Park/Oakland Park Community Redevelopment Agency for Jaco Pastorius Park for the City/CRA approval. The original agreement recorded on March 25, 2016 sets for the terms, conditions and requirements for the BRP project.  The amendment only increases the funding amount and is effective upon execution by all parties.

The Grand Plaza project was approved by the City Commission as part of the FY16 Capital Improvement Program.  The Broward Redevelopment Program Grant will provide $700,000 for the project.   The City’s match is the remainder of the funding.

Staff recommends the City Commission/CRA adopt the Resolution and authorize the appropriate City Officials to execute the First Amendment to Interlocal Agreement Between Broward County and City of Oakland Park/Oakland Park Community Redevelopment Agency for Jaco Pastorius Park.