8K3S - Supplemental Info on Annie Coleman 15 Development
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SUPPLEMENTAL INFORMATION RE: RESOLUTION AWARDING DEVELOPMENT RIGHTS TO INTEGRA SOLUTIONS, LLC (INTEGRA) FOR THE DEVELOPMENT OF ANNIE COLEMAN 15 DEVELOPMENT PURSUANT TO WORK ORDER PROPOSAL REQUEST (WOPR) NO. 01295-05B REDEVELOPMENT OF COUNTY PROPERTIES UNDER THE RENTAL ASSISTANCE DEMONSTRATION (RAD) PROGRAM FOR THE HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT; APPROVING OF AND AUTHORIZING THE COUNTY MAYOR OR COUNTY MAYOR'S DESIGNEE TO: (1) EXECUTE A MASTER DEVELOPMENT AGREEMENT (MDA) IN THE ESTIMATED TOTAL AMOUNT OF $385,947,157.00; (2) EXECUTE AN OPTION TO GROUND LEASE (LEASE OPTION); (3) IN ACCORDANCE WITH SECTION 125.35, FLORIDA STATUTES, AND SUBJECT TO THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT'S (HUD) APPROVAL, EXECUTE A 99-YEAR GROUND LEASE (LEASE) IN THE ESTIMATED TOTAL AMOUNT OF $9,050,000.00;(Commission Auditor)