Broward County Commission Regular Meeting
Director's Name: Leonard Vialpando
Department: Resilient Environment Division: Housing Finance Division
Information
Requested Action
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MOTION TO APPROVE Interlocal Agreement ("ILA") among Broward County, the City of Margate ("City"), and the City of Margate Community Redevelopment Agency ("CRA"), to extend the term of the CRA for approximately 20 years, from August 13, 2026 through September 30, 2047, 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 Districts 2 and 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."
On August 13, 1996, the Broward County Board of Commissioners adopted Resolution 96-0697 delegating authority to the City of Margate to create a Community Redevelopment Area to eliminate slum and blighted conditions in the City of Margate. The Community Redevelopment Plan was adopted by the Margate City Commission in September of 1997 and updated in January 2017, and the CRA is due to expire on August 13, 2026.
The CRA is generally located along the eastern and western sides of the State Road 7 corridor between the northern and southern Margate City limits (Exhibit 4).
On March 17, 2025, County staff received an initial request from the City to consider authorizing an extension of the CRA (Exhibit 2) beyond the...
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