Title
CRA ORDINANCE NO. CRA-23O-08-100: AN ORDINANCE OF THE CITY OF LAUDERHILL COMMUNITY REDEVELOPMENT AGENCY APPROVING THE COMMERCIAL CONTRACT BETWEEN THE CITY OF LAUDERHILL AND S.E.F. HOLDINGS, INC. FOR THE PURCHASE OF COMMERCIAL PROPERTY LOCATED AT 1249-1281 N.W. 31st AVENUE AS LEGALLY DESCRIBED ON EXHIBIT “A” INCLUDING THE EQUIPMENT AND FIXTURES THEREON FOR THE PURCHASE PRICE OF $3,700,000.00 PLUS CLOSING COSTS; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY EXECUTIVE DIRECTOR, SEAN HENDERSON).
Body
Request Action:
Approve Commercial Contract for the City of Lauderhill to purchase the Wyngate Plaza located at 1249-1281 N.W. 31st Avenue, Lauderhill from S.E.F. Holdings, Inc. for the purchase amount of $3.7 million.
Need:
To approve a contract for the purchase of land.
Summary Explanation/ Background:
Provide a summary/background of this agenda request.
Attachments:
Commercial Contract
Cost Summary/ Fiscal Impact:
$3.7 million
Estimated Time for Presentation:
Master Plan:
Goal 1: Clean, Green Sustainable Environment
[ ] Increase mass transit ridership [ ] Reduce City energy consumption
[ ] Reduce water consumption
Goal 2: Safe and Secure City of Lauderhill
[ ] Crime in lower 50% in Broward [ ] Residents feel safe in neighborhood
[ ] Reduce emergency fatalities
Goal 3: Open Spaces and Active Lifestyle for all ages
[ ] Increase participation in youth sports [ ] Add new park land and amenities
[ ] Increase attendance at cultural programs and classes
Goal 4: Growing Local Economy, Employment and Quality of Commercial Areas
[ ] Increase commercial tax base [ ] Increase employment in Lauderhill businesses
[ ] Decrease noxious and blighted uses in commercial areas
Goal 5: Quality Housing at all Price Ranges and Attractive Communities
[ ] Neighborhood signs and active HOAs [ ] Housing & streets improved, litter reduced
[ ] Increase proportion of single family homes and owner occupied housin...
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