Description
Title: APPROVAL OF THE SECOND AMENDMENT TO THE INTERLOCAL AGREEMENT BETWEEN THE CITY OF DELRAY BEACH AND DELRAY BEACH COMMUNITY REDEVELOPMENT AGENCY FOR FUNDING CONSTRUCTION/PROFESSIONAL SERVICES - FISCAL YEAR 2024-2025
Summary
The City of Delray Beach is considering the approval of a Second Amendment to the Interlocal Agreement (ILA) with the Delray Beach Community Redevelopment Agency (CRA) for funding Capital Improvement Plan (CIP) projects for Fiscal Year 2024-2025. This amendment formalizes the CRA's commitment to finance specific public infrastructure projects within the CRA District, which are essential for the community's development. The ILA outlines the collaborative roles of both the City and the CRA in managing and implementing these projects, with funding adjustments based on actual costs. Key projects include improvements at Osceola Park and the Currie Commons restrooms, which reflect the ongoing investment in community infrastructure. The approval of this amendment is crucial for ensuring timely project execution without