Broward County Commission Regular Meeting
Director's Name: Monica Cepero
Department: County Administration Division: Libraries
Information
Requested Action
title
MOTION TO AUTHORIZE County Administrator to approve and execute a Modification to the Tenth Amendment to the Agreement between Broward County (County) and Nova Southeastern University (NSU) for the Design, Construction, and Operation of a Joint-use Library and Parking Garage, to provide for additional cash contributions budgeted in Fiscal Year 2022 by the County and NSU in the amount of $1,750,000 each towards the Innovation Center, increasing the total cost of the project to $13,500,000; and authorize the County Administrator to take all necessary administrative and budgetary actions. (Commission District 5)
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Why Action is Necessary
Board authorization for the County Administrator to approve the Modification to the Amendment to the Agreement is necessary.
What Action Accomplishes
Provides an additional County contribution for development of the Innovation Center.
Is this Action Goal Related
Yes
Previous Action Taken
None
Summary Explanation/Background
THE LIBRARIES DIVISION RECOMMENDS APPROVAL OF THE ABOVE MOTION.
This item supports the Board Values by ensuring economic opportunities for Broward's diverse population and businesses.
On December 14, 1999 (Agenda Item 80), the Board of County Commissioners (Board) approved an Agreement with NSU for the design, construction, and operation of a joint-use library and parking garage. The agreement includes certain obligations of NSU and the County regarding a build-out of the library's fifth floor.
The Board approved the Tenth Amendment to the Agreement for the Innovation Center on June 11, 2019 (Item No. 79), which provided for the development of the Innovation Center, and each party's cash contributions in the amount of $5,000,000 and respective obligations.
This Modification of the Tenth Amendment (Exhibit 1) provides for the...
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