Description
Title: APPROVAL OF THE FIRST AMENDMENT TO THE INTERLOCAL AGREEMENT BETWEEN THE CITY OF DELRAY BEACH AND DELRAY BEACH COMMUNITY REDEVELOPMENT AGENCY FOR FUNDING CONSTRUCTION/PROFESSIONAL SERVICES - FY 2025-2026
Summary
The document outlines the approval of the First Amendment to the Interlocal Agreement (ILA) between the City of Delray Beach and the Delray Beach Community Redevelopment Agency (CRA) for funding construction and professional services for Fiscal Year 2025-2026. This amendment modifies funding allocations for various capital improvement projects within the CRA District, which include enhancements to parks, streetscape improvements, and infrastructure upgrades. Key adjustments include an increase of $3 million for Pompey Park pre-construction services and revised amounts for other projects to reflect actual costs. The CRA provides funding while the City manages project execution. This collaboration is essential for efficient public infrastructure development, directly impacting residents in the CRA District by improving community facilities and services. The documentation ensures transparency and accountability