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File #: 25-632   
Status: Agenda Ready
In control: Resilient Environment - Housing Finance Division
Agenda Date: 6/10/2025 Final action:
Title: MOTION TO APPROVE Interlocal Agreement ("ILA") among Broward County, the City of Fort Lauderdale ("City"), and the City of Fort Lauderdale Northwest-Progresso-Flagler Heights Community Redevelopment Agency ("CRA"), to extend the term of the CRA for an additional ten years through November 7, 2035, with no extension to Tax Increment Financing ("TIF") obligations for taxing authorities other than the City; and authorize the Mayor and Clerk to execute same. (Commission District 8)
Indexes: Established Commission Goals
Attachments: 1. Exhibit 1 - FTL NW-Progresso CRA ILA, 2. Exhibit 2 - Initial City Request, 3. Exhibit 3 - Final City Request, 4. Exhibit 4 - Northwest-Progresso-Flagler Heights CRA Boundary Map
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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Broward County Commission Regular Meeting                               

Director's Name:  Leonard Vialpando

Department:                       Resilient Environment       Division:  Housing Finance Division

 

Information

Requested Action

title

MOTION TO APPROVE Interlocal Agreement (“ILA”) among Broward County, the City of Fort Lauderdale (“City”), and the City of Fort Lauderdale Northwest-Progresso-Flagler Heights Community Redevelopment Agency (“CRA”), to extend the term of the CRA for an additional ten years through November 7, 2035, with no extension to Tax Increment Financing (“TIF”) obligations for taxing authorities other than the City; and authorize the Mayor and Clerk to execute same. (Commission District 8)

 

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Why Action is Necessary

Necessary to approve the extension of municipal CRAs; and to approve the proposed Interlocal Agreement.

 

What Action Accomplishes

Enables Board consideration and approval of the ILA.

 

Goal Related Icon(s)

County Commission

Go Green

MAP Broward

 

Previous Action Taken

None taken.

 

Summary Explanation/Background

THE RESILIENT ENVIRONMENT DEPARTMENT AND THE HOUSING FINANCE DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTION.

 

The item supports the Board’s goal: “Ensuring economic opportunities and a sustainable economy, with an emphasis on Broward's lower and middle class.”

 

In 1995, the Fort Lauderdale City Commission adopted Resolution 95-170, creating the Northwest-Progresso-Flagler Heights Community Redevelopment Area (“NW-Progresso Redevelopment Area”) to eliminate slum and blighted conditions in the areas near downtown Fort Lauderdale and Northwest Fort Lauderdale. The CRA for the NW-Progresso Redevelopment Area is currently due to expire on November 7, 2025.  The CRA for the NW-Progresso Redevelopment Area is generally located between East Sunrise Boulevard and West Broward Boulevard and between Northeast 6th Avenue and Northwest 24th Avenue in the City (Exhibit 4).

 

On February 25, 2025, County staff received an initial request from the City to authorize a ten year extension of the CRA for the NW-Progresso Redevelopment Area and for the City to continue its tax increment contribution with no participation from the other taxing authorities so that the CRA can continue to redevelop and transform the NW-Progresso Redevelopment Area for another decade. The letter also requested Broward County grant funding to support affordable and workforce housing and/or infrastructure within the CRA (Exhibit 2). Following staff negotiations, the City sent a subsequent request dated April 11, 2025 (Exhibit 3), for the CRA extension of the NW-Progresso Redevelopment Area without the County grant funding component.

 

These terms are included in the proposed Interlocal Agreement (Exhibit 1) prepared by the County Attorney’s Office at staff’s request. The proposed ILA also provides for the equitable allocation of the assets of the CRA upon termination by generally allowing remaining CRA assets to be utilized by the City for the purpose stated in the CRA’s approved redevelopment plan or requiring that they must be liquidated with the proceeds equitably distributed to the taxing authorities in proportion to their respective last annual TIF contributions.

 

Source of Additional Information

Ralph Stone, Director, Housing Finance Division, (954) 357-5320.

 

Fiscal Impact

Fiscal Impact/Cost Summary

No fiscal impact.