COMMUNITY REDEVELOPMENT AGENCY BOARD
Regular MeetingFort Lauderdale, FL · November 7, 2017
Minutes
City of Fort Lauderdale
City Hall
100 North Andrews Avenue
Fort Lauderdale, FL 33301
www.fortlauderdale.gov
Action Summary
Tuesday, November 7, 2017
2:30 PM
OR AS SOON THEREAFTER AS POSSIBLE
City Commission Conference Room
COMMUNITY REDEVELOPMENT AGENCY BOARD
FORT LAUDERDALE COMMUNITY REDEVELOPMENT AGENCY BOARD OF
COMMISSIONERS
JOHN P. "JACK" SEILER - Chair
BRUCE G. ROBERTS - Vice Chair
DEAN J. TRANTALIS - Commissioner - District II
ROBERT L. McKINZIE Commissioner - District III
ROMNEY ROGERS Commissioner - District IV
LEE R. FELDMAN, Executive Director
JOHN HERBST, City Auditor
JEFFREY A. MODARELLI, Secretary
CYNTHIA A. EVERETT, General Counsel
COMMUNITY REDEVELOPMENT Action Summary November 7, 2017
AGENCY BOARD
ROLL CALL
Present 5 - Commissioner Romney Rogers, Vice Chair Bruce G. Roberts,
Commissioner Dean J. Trantalis, Commissioner Robert L. McKinzie,
and Chair John P. "Jack" Seiler
MOTIONS
M-1 17-1358 Motion to Approve October 3, 2017 Community Redevelopment
Agency (CRA) Board Meeting Minutes
APPROVED
Aye: 5 - Commissioner Rogers, Vice Chair Roberts, Commissioner Trantalis,
Commissioner McKinzie and Chair Seiler
M-2 17-1110 Motion to Approve an Amendment to the Property and Business
Investment Program Agreement between the Fort Lauderdale
Community Redevelopment Agency and Rechter Holdings, Inc.,
Modification of Mortgage between the Fort Lauderdale Community
Redevelopment Agency and Rechter Holdings, Inc. and
Subordination of Mortgage Agreement between the Fort Lauderdale
Community Redevelopment Agency, Stonegate Bank, and Rechter
Holdings, Inc.
REMOVED FROM AGENDA
ADJOURNMENT
City of Fort Lauderdale Page 1 Printed on 11/8/2017
Agenda
City of Fort Lauderdale
COMMUNITY REDEVELOPMENT AGENCY BOARD
Agenda
Tuesday, November 7, 2017 - 2:30 PM
OR AS SOON THEREAFTER AS POSSIBLE
City Commission Conference Room
City Hall
100 North Andrews Avenue
Fort Lauderdale, FL 33301
www.fortlauderdale.gov
FORT LAUDERDALE COMMUNITY REDEVELOPMENT AGENCY BOARD OF
COMMISSIONERS
JOHN P. "JACK" SEILER - Chair
BRUCE G. ROBERTS - Vice Chair
DEAN J. TRANTALIS - Commissioner - District II
ROBERT L. McKINZIE Commissioner - District III
ROMNEY ROGERS Commissioner - District IV
LEE R. FELDMAN, Executive Director
JOHN HERBST, City Auditor
JEFFREY A. MODARELLI, Secretary
CYNTHIA A. EVERETT, General Counsel
COMMUNITY REDEVELOPMENT Agenda November 7, 2017
AGENCY BOARD
ROLL CALL
MOTIONS
M-1 17-1358 Motion to Approve October 3, 2017 Community Redevelopment Agency
(CRA) Board Meeting Minutes
Attachments: October 3, 2017 CRA Meeting
M-2 17-1110 Motion to Approve an Amendment to the Property and Business
Investment Program Agreement between the Fort Lauderdale Community
Redevelopment Agency and Rechter Holdings, Inc., Modification of
Mortgage between the Fort Lauderdale Community Redevelopment
Agency and Rechter Holdings, Inc. and Subordination of Mortgage
Agreement between the Fort Lauderdale Community Redevelopment
Agency, Stonegate Bank, and Rechter Holdings, Inc.
Attachments: CRA Board CAM 17-1110
Exhibit 1 - Location Map
Exhibit 2 - CAM 15-0743
Exhibit 3 - Letter Request from Michael Rechter
Exhibit 4 - Subordination of Mortgage Agreement
Exhibit 5 - Closing Statement with Stonegate Bank
Exhibit 6 - Appraisal - 913 NE 4th Avenue
Exhibit 7 - Appraisals - 716 NE 2nd Ave and 835 NE 2nd Ave
Exhibit 8 - Amendment to Property and Business Investment Program Agreement
Exhibit 9 - Mortgage Modification Agreement
ADJOURNMENT
City of Fort Lauderdale Page 2 Printed on 11/2/2017
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