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COMMUNITY REDEVELOPMENT AGENCY BOARD

Regular Meeting

Fort Lauderdale, FL · February 6, 2018

AgendaMinutes

Minutes

City of Fort Lauderdale City Hall 100 North Andrews Avenue Fort Lauderdale, FL 33301 www.fortlauderdale.gov Action Summary Tuesday, February 6, 2018 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 February 6, 2018 AGENCY BOARD ROLL CALL Present 5 - Commissioner Robert L. McKinzie, Commissioner Romney Rogers, Vice Chair Bruce G. Roberts, Commissioner Dean J. Trantalis, and Chair John P. "Jack" Seiler MOTIONS M-1 18-0083 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. APPROVED Aye: 4 - Commissioner McKinzie, Commissioner Rogers, Vice Chair Roberts and Commissioner Trantalis Abstain: 1 - Chair Seiler ADJOURNMENT City of Fort Lauderdale Page 1 Printed on 2/6/2018

Agenda

City of Fort Lauderdale COMMUNITY REDEVELOPMENT AGENCY BOARD Agenda Tuesday, February 6, 2018 - 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 February 6, 2018 AGENCY BOARD ROLL CALL MOTIONS M-1 18-0083 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 18-0083 Exhibit 1 - Location Map Exhibit 2 - Letter Request from Michael Rechter Exhibit 3 - CAM 17-1390 Exhibit 4 - CRA Board Minutes of December 5, 2017 Exhibit 5 - December 12, 2017 Letter from Michael Rechter Exhibit 6 - Developer’s Redevelopment Properties in the CRA Exhibit 7 - Subordination Agreement Exhibit 8 - Amendment to Property and Business Investment Program Agreement Exhibit 9 - Mortgage Modification Agreement ADJOURNMENT City of Fort Lauderdale Page 2 Printed on 2/1/2018

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