Title
CRA RESOLUTION NO. CRA-25R-07-08: A RESOLUTION OF THE CITY OF LAUDERHILL COMMUNITY REDEVELOPMENT AGENCY (“CRA”) DIRECTING THE CRA DIRECTOR TO EXECUTE A LEASE AGREEMENT BETWEEN THE CITY OF LAUDERHILL CRA AND ALPHA PHI ALPHA FRATERNITY ALSO KNOWN AS THE ZETA ALPHA LAMBDA CHAPTER, ATTACHED HERETO IN SUBSTANTIALLY THE SAME FORM AS EXHIBIT “A”; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY CRA EXECUTIVE DIRECTOR SEAN HENDERSON).
Body
Request Action:
Pass Resolution for the CRA Director to enter into Lease Agreement with Alpha Phi Alpha Fraternity
Need Summary Explanation/ Background:
The Purpose of this memo is to request the Board’s approval to grant the CRA Director, Sean Henderson to negotiate a lease agreement between the CRA and MJRB Investment Group for property located at 1259 NW, 31st Ave Lauderhill FL, 33311 and including Unit C2.
This authorization would cover an initial term of one year commencing on August 1, 2025 and would include extension of two (1) year renewal options, potentially extending the lease through August 3, 2028. During the term of the lease, the Fraternity will be responsible for paying only the Common Use Area Maintenance (CAM) portion of the rent.
Allowing the Fraternity to utilize the space for training and mentorship program will contribute significantly to uplifting young men in the community.
We recommend the Board approve this request, allowing us to proceed with securing much-needed services that will benefit our residents.
Cost Summary/ Fiscal Impact:
Include projected cost, approved budget amount and account number, source of funds, and any future funding requirements
Attachments:
Number all attachments consecutively.
Budget Code Number(s): __________________________________
Procurement Information: [check all that apply]
[ ] RFP/Bid [ ] Emergency Purchase [ ] SBE
[ ] Proposal/Quote [ ] State Grant Funds [ ] Local Preference
[ ] Piggyback Contract [ ] Federal Grant Funds
[ ] Sole Source [ ] Matching Required