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HomeMy WebLinkAboutCity of Tamarac Resolution R-2013-060Temp. Reso. 12360 May 21, 2013 Page 1 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R- 2013 '000mb (00 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO SUBMIT A GRANT APPLICATION TO BROWARD COUNTY FOR BROWARD REDEVELOPMENT PROGRAM FUNDS IN THE AMOUNT OF $1,500,000 FOR THE TAMARAC VILLAGE DEVELOPMENT PROJECT; PROVIDING FOR AN IN -KIND MATCH THROUGH THE VALUE OF THE LAND AND STAFF HOURS RELATED TO THE PROJECT IN THE AMOUNT OF $1,500,000 IN THE EVENT OF APPROVAL OF THE APPLICATION; PROVIDING FOR ACCEPTANCE OF THE AWARD AND EXECUTION OF DOCUMENTS UPON LEGAL REVIEW AND APPROVAL; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Tamarac wishes to encourage economic development and job creation for residents and businesses of Tamarac; and WHEREAS, the City of Tamarac is currently the owner of 20 of the 127 acres that constitutes Tamarac Village; and WHEREAS, the City of Tamarac wishes to encourage economic development and job creation in the area that constitutes Tamarac Village and is included herein as "Exhibit A"; and WHEREAS, Broward County administers grant funding to municipalities .and community redevelopment agencies through the Broward Redevelopment Program (BRP) for projects that result in redevelopment of designated areas to encourage Temp. Reso. 12360 May 21, 2013 Page 2 economic development, job creation, and the removal of blight throughout the County; and WHEREAS, Broward County requires and the City agrees to provide a Resolution stating that the project area located within the boundaries of Tamarac Village meet at least two factors required by Chapter 163, Part III, Florida Statutes to declare this area as having blighted conditions and eligible for grant funding under the BRP program; and WHEREAS, Broward County requires and the City agrees to provide an in -kind match through the value of the land and staff time related to the project in the amount Of $1,500,000 in the event of approval of the grant application; and WHEREAS, the Director of Financial Services and Director of Community Development recommend submission of the grant application and acceptance of the award in the event of approval; and WHEREAS, the City Commission of the City of Tamarac deems it to be in the best interest of the citizens and residents of the City of Tamarac to apply for BRP grant funds via an application through Broward County and accept the award and execute the necessary documents following legal review and approval. Temp. Reso. 12360 May 21, 2013 Page 3 NOW THEREFORE BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA: Section 1: The foregoing "WHEREAS" clauses are HEREBY ratified and confirmed as being .true and correct and are HEREBY made a specific part of this Resolution. All exhibits attached hereto and referenced herein are expressly incorporated and made a specific part of this Resolution. Section 2: The appropriate City Officials are HEREBY authorized to apply for BRP funds via a grant application through Broward County for project costs related to the development of the project area known as Tamarac Village in the amount of $1,500,000, providing for an in -kind match through the value of the land and staff time related to the project in the amount of $1,500,000 in the event of approval of the application. A copy of said application form is attached hereto as "Exhibit B". Section 3: Upon approval of the application, the appropriate City officials are HEREBY authorized to accept the award and execute the necessary documents following legal review and approval. Section 4: An appropriation for the receipt and expenditure for this grant will be included in a budget amendment prior to November 30, 2013 pursuant to F.S. 166.241(2). Section 5: All Resolutions in conflict herewith are HEREBY repealed to the extent of such conflict. Section 6: Temp. Reso. 12360 May 21, 2013 Page 4 If any clause, section, other part or application of this Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid, in part or in application, it shall not affect the validity of the remaining portion or applications of this Resolution. Section 7: This Resolution shall become effective immediately upon its adoption. PASSED, ADOPTED AND APPROVED this c26 day of .�- , 2013. —9 tit I N I ALAb 15 MAYOR ATTEST: or, PATRICIA TEUF EL, CMC INTERIM CITY CLERK RECORD OF COMMISSION VOTE: MAYOR TALABISCO Ll DIST 1: COMM. BUSHNEL DIST 2: COMM. ATKINS-G DIST 3: COMM. GLASSER DIST 4: WM DRESSLER HEREBY CERTIFY THAT I HAVE APPROVED THIS RESOLUTION AS TO FORM SAMU,4L §(. G CITY/ATTORIS N%V OATtl AVE E �J A V 16. a _.. - .�►.�ri,.., u a Lwl V J� ■ rn' V{ H 0 .H a 0 41 a� 4J z 0 w 44 4J U) 4'` 4J ,r*4.- L z U .0 0 a BROWARD COUNTY BOARD OF COUNTY COMMISSIONERS APPLICATION FOR FUNDING BROWARD REDEVELOPMENT PROGRAM (BRP) Fiscal Year 2013 HAND DELIVER BY Deadline July 10, 2013 @ 12:00 PM 1 BROWARD REDEVELOPMENT PROGRAM (BRP) TABLE OF CONTENTS Page Number Application Process Timeline 3 Application Instructions and Form 4 Overview 5 Cover Sheet 7 Application Checklist 8 Attachments and Documents 9 Fatal Flaw Checklist 10 Application Instructions (Includes "Definitions") 11 Application Form 14 Evaluation Tool 18 APPENDICES Appendix 1: lnterlocal Agreement 22 Exhibit 1: Financial information Format 25 Appendix 11: Property Acquisition Requirements 27 KA BROWARD- REDEVELOPMENT PROGRAM (BRP) FY 2013 APPLICATION PROCESS TIMELINE PHASE ONE — Opportunity for Assistance a. Notice of Funding Availability (NOFA) b. Application Preparation Workshop c. Deadline for Submission of Applications (1 original, 8 copies, and 1 electronic copy) May 1, 2013 May 15, 2013 July 10, 2013, 12 : 00 PM PHASE TWO — Review and Evaluation Process a. Review of Applications b. Applicant Presentations / Evaluation of Applications July 15, 2013 to July 26, 2013 July 29, 2013 to August 14, 2013 c. Board of County Commissioners Selection of Projects and Approval of Funding Amounts September 10, 2013 3 BROWARD REDEVELOPMENT PROGRAM (BRP) FY 2013 APPLICATION INSTRUCTIONS AND FORMS HAND DELIVER APPLICATIONS TO: BROWARD REDEVELOPMENT PROGRAM (BRP) FY 2013 OVERVIEW On April 23, 2013, the Broward County Board of County Commissioners (Board) approved the Broward Redevelopment Program (BRP) for the purpose of providing County funding for eligible projects that result in redevelopment in designated areas exhibiting blighting conditions, high unemployment, and declining property values. Total Funding Amount: $7.5 million Eligible Applicants: Municipalities, Community Redevelopment Agencies and Broward County* Eligible Projects: (See "Definitions" on Pages 11-12.) • Property acquisition for lot assemblage, provided the acquired property is placed on the tax roll within three (3) years from the acquisition, subject to a restrictive covenant; • Public improvements; and, • Interior build -out for economic development for along -term tenant (minimum 5-year lease) or business/property owner that brings permanent new jobs. Ineligible Projects: • A project, which is permitted, underway or completed, is not eligible. Aland acquisition project is eligible if a Contract for Purchase has been executed but the closing date is after the date the grant is approved. • A project, which received funding through the Redevelopment Capital Program (RCP), is not eligible for funding through the Broward Redevelopment Program (BRP). • A project located in a community redevelopment area that receives County tax increment financing (TIF) is not eligible. Eligible Areas: • Community Redevelopment Areas, created pursuant to Chapter 163, Part III, Community Redevelopment Act, Florida Statutes, that do not receive TIF; and • Areas designated by municipal or County resolution or ordinance defining the boundary and declaring that the area has blighting conditions described in Chapter 163, Part III, F.S. Match: Non -County match (cash or in -kind) required (See "Definitions" on Pages 11-12.) Funding Available: Reimbursement grant of up to $1.5 million per Application for eligible nonoverlapping/distinct property acquisition or public improvements projects; or $15 per square foot for eligible interior build -out not to exceed $150,000 or 50% of the interior build - out cost, whichever is less. * County developed a companion program for the Unincorporated Area and will apply the BRP evaluation tool to score projects. Other funding sources will be used in FY 2013-15 for Unincorporated Area projects. Under the BRP, if a municipality/CRA has a project on or adjacent to County property, the County may partner with a municipality/CRA in applying for BRP funding. 5 OVERVIEW conYd Evaluation Process: Criteria, point system and weights will be used to rate each project (See "Evaluation Tool" on Pages 18-21.) Funding Timeframe: Projects must be completed within three (3) years of execution of interlocal agreement between Applicant(s) and the County. (See Appendix I on Page 22.) Prospective Applicants should review the materials presented in the remainder of this Application to meet the informational requirements for filing an Application. Technical assistance is available from the Planning and Environmental Regulation Division, upon request. Contact person is Cathy Randazzo: (954) 357-6634 or crandazzo@broward.org. 0 BROWARD REDEVELOPMENT PROGRAM (BRP) FY 2013 Part I: COVER SHEET (To Be Completed by Applicant) Section A. Funding Request Summary 1. Project Name: 2. Funding Type: 3. Project Type (check one): 4. $ Amount Requested: Reimbursement Public Improvement Grant X Property Acquisition Interior Build -out for Economic Development Section B. Applicant Agency Information 6. Applicant(s): 7. Administrative Address: 8. City & State: 9. Zip Code: 10. Telephone Number: 11. Fax Number: 12. E-mail Address: 13. Web Site: 14. Mayor/City Manager (required): 15. Office Phone Number: 16. CRA Director (as applicable)*: 17. Office Phone Number: 18. Contact Person's Name 19. Phone Number including area code 20. Mailing Address, City, State, Zip Code 21. Type of Entity (Check all that apply.): _ Municipality _ Community Redevelopment Agency — Broward County 22. Prior County Funding for Redevelopment to Municipality or Community Redevelopment Agency (Check all that apply. Attach explanation, if needed.): _ None _ Redevelopment Capital Program — Tax Increment Section C. Certification of Accuracy and Compliance I do hereby certify that all facts, figures, and representations made in the Application are true and correct. The filing of this Application(s) has been authorized by the Municipal, County or Community Redevelopment Agency Boards and I(we) have been duly authorized to act as the representative(s) of the Board(s) in connection with this Application. I (we) also agree to follow all Terms, Conditions, and applicable federal and state statutes. Print Authorized Mayor/ Municipal/County Manager's Name (required) Authorized Mayor/Municipal/County Manager's Signature (required) Print Authorized CRA Director's Name (as applicable)* Authorized CRA Director's Signature (as applicable)* * If the project is in a CRA, created pursuant to Chapter 163, Part III, F.S. 7 Title Date Title Date BROWARD REDEVELOPMENT PROGRAM (BRP) FY 2013 APPLICATION CHECKLIST 1. Application Deadline: Date — July 10, 2013 Time — 12:00 PM Applications received after 12:00 PM will be disqualified for FY 2013 funding and returned 2. Applications must be submitted in hard copy by hand delivery to the following address no later than 12:00 PM, July 10, 2013. Broward County Planning and Environmental Regulation Division 115 S. Andrews Avenue, Room 329K Fort Lauderdale, Florida 33301 3. Submit one (1) original signed Application, eight (8) copies and one (1) electronic (CD/DVD) copy in the format provided in the Application Form on Pages 14-17. 4. Number all pages, including attachments. 5. Original Application — Do not staple, perforate, or bind. 6. Application copies — Do staple, clip, or use rubber bands. 7. Answer each section in the order provided. 8. A separate Cover Sheet and Application Form are required for each Application. 9. Applications submittal. must be complete and include all required documentation at the time of 10. All Applicants must provide a signed letter from the Mayor confirming municipal and CRA, as applicable, support of the project(s) with copies sent to the respective Board(s). or City Manager Application and BROWARD REDEVELOPMENT PROGRAM (BRP) FY 2013 Part II: ATTACHMENTS AND DOCUMENTS BROWARD REDEVELOPMENT PROGRAM (BRP) APPLICATION FY 2013 FATAL FLAW, CHECKLIST Failure to comply with or include any of the Required Items or failure to respond to Required Items will result in a Fatal Flaw and removal of the Application from further consideration. 10 BROWARD REDEVELOPMENT PROGRAM (BRP) APPLICATION INSTRUCTIONS 9 Please Note: Technical assistance is available upon request: 954-357-6634. DEFINITIONS For the purposes of the Broward Redevelopment Program (BRP): • "Redevelopment" shall mean projects which address public purposes of removing blighting conditions and facilitating economic development opportunities and job creation; which public purposes have long-term positive impacts on the community providing a decent, secure and attractive living and working environment. • "Economic Development" shall mean a project or activity that creates an identified number of permanent new jobs as detailed in the Application for funding under the Broward Redevelopment Program. • "Applicant" shall mean Broward County*, a municipality, or community redevelopment agency (CRA). • "Property Acquisition" shall mean the acquisition of land and associated structures (if any) for the purpose of lot assemblage to facilitate economic development that brings new jobs. Acquired properties shall be placed on the -tax roll within three (3) years from the acquisition. Applicant shall record a restrictive covenant in favor of the County in the public records of Broward County, Florida encumbering the property acquired, in form and substance approved by the County, regarding the number of new permanent jobs created as a result of the acquisition and that a portion (up to 100%) of the grant shall be refunded to the County in the event the acquisition and redevelopment of the property does not comply with all of the requirements of the interlocal agreement, including placement of the property on the tax roll. • "Public Improvements" shall mean improvements which further redevelopment including: ■ Utility improvements (upsizing to accommodate development/redevelopment); ■ Transportation improvements (roadways, turn lanes, crosswalks, etc.); ■ Construction or expansion of public parking; ■ Streetscaping to facilitate access to businesses, employment, and transit; and, ■ Landscaping and irrigation associated with an eligible public improvement not to exceed 20% of the cost of the associated eligible public improvement. "Build -out for Economic Development" shall mean interior build -out for a long-term tenant (minimum 5-year lease) or business/property owner that brings permanent new jobs and does not include furniture and equipment. The only eligible applicants for the proposed BRP are municipalities, CRAs or the County and a grant will be awarded only to one of these entities. The County grant will be disbursed only after build -out is * County developed a companion program for the Unincorporated Area and will apply the BRP evaluation tool to score projects. Other funding sources will be used in FY 2013-15 for Unincorporated Area projects. Under the BRP, if a municipality/CRA has a project on or adjacent to County property, the County may partner with a municipality/CRA in applying for BRP funding. 11 APPLICATION INSTRUCTIONS conYd complete and the business has hired the number of long-term new employees identified in the Application. The grant will be paid out in annual installments in proportion to the lesser of the number of years of the term of the lease if a tenancy, or five (5) years. Funding is limited to $15 per square foot not to exceed $150,000 or 50% of the interior build -out cost, whichever is less. • "Reimbursement Grant" shall mean a performance -based grant with identified milestones. When milestones are achieved, Applicant may present documentation and make a request for County disbursement, subject to County staff review and approval. For property acquisition and public improvement projects, no more than three (3) disbursements, including a final disbursement at project completion, will be made for any single project. For property acquisition and public improvement projects, the Applicant must identify milestones prior to execution of interlocal agreement otherwise one grant payment will be made when the project is complete. For interior build -out projects, the County grant will be disbursed only after the interior build -out is complete and the business has hired the number of long-term employees identified in the Application. Additionally, for interior build -out projects, the grant will be paid out in annual installments in proportion to the lesser of the number of years of the term of the lease if a tenancy, or five (5) years. All County reimbursement grants are subject to staff review and approval of documentation. • "Non -County Match shall mean cash contributions and in -kind contributions. In -kind contributions shall mean the cost/value of dedicated or acquired real property and/or direct staff hours on a project for which funding is requested. (Documentation required) INVITATION TO APPLY Applications must be submitted on the Application Form on Pages 14-17 with all other required and supplemental materials provided as Attachments. APPLICATIONS must include the Applicants return mailing address, contact person and telephone number. Applicants shall submit one (1) original, eight (8) bound copies with dividers, and one (1) electronic copy. The Applicant must hand deliver the Application and documentation. The Planning and Environmental Regulation Applications and documentation by 12:00 PM on documentation received after that date and time returned to the Applicant. Division (Division) must receive � July 10, 2013. Applications and will not be accepted and will be Applicants may withdraw their Applications by notifying the Division in writing at any time. Applications and materials submitted with the Application will be returned to the Applicant upon request. Immediately upon receipt Applications become "public records" and shall be subject to public disclosure consistent with Chapter 119, Florida Statutes. Applicants may invoke the exemptions to identify the data or other materials to be protected, and must state the statutory authority and the reasons why such exclusion from public disclosure is necessary. Requests for exemption shall be subject to review and approval of the County Attorney's Office. 12 APPLICATION INSTRUCTIONS conYd SELECTION PROCESS: Applications submitted shall be reviewed and evaluated by an evaluation committee. The Applicant understands that acceptance of an Application does not constitute an agreement or contract between the Applicant and Broward County. Applicants will have an opportunity to present their Applications/projects to the evaluation committee at a time scheduled between July 29 and August 14, 2013. The Board of County Commissioners reserves the right to reject all Applications submitted, waive any information, and re -advertise for new Applications. The Division may make a recommendation to the Board of County Commissioners not to fund any projects in the Applications submitted. APPLICATION PREPARATION COSTS Neither the County nor its representatives, which include County agencies and personnel, shall be liable for any expenses incurred in connection with preparation of an Application. Applicants should prepare their Applications simply and economically, providing straight forward and concise descriptions and responses to the questions on the Application Form. ACCURACY OF APPLICATION INFORMATION Any Applicant that submits in its Application to the Division any information which is determined to be substantially inaccurate, misleading, exaggerated, or incorrect, shall be disqualified from consideration. Answers and responses must pertain to the specific question requested on the Application Form. No consideration will be given to a response that does not relate specifically to the question. If the response to a question is contained elsewhere in the Application, it must be specifically cited (i.e. page number, question number, etc.). INSURANCE/SOVEREIGN IMMUNITY County, CRAs and Municipalities are state agencies or political subdivisions of the State of Florida as defined in Chapter 768.28, Florida Statutes, and each party shall be fully responsible for acts and omissions of its agents, contractors, or employees in the performance of its obligations under this Application and subsequent interlocal agreement, to the extent permitted by law. Nothing herein is intended to serve as a waiver of sovereign immunity by any party to which sovereign immunity may be applicable. Nothing herein shall be construed as consent by a state agency or political subdivision of the State of Florida to be sued by third parties, in any matter, arising out of this Application or any other contract or agreement. FUNDING AWARD The selected Applicant(s) (municipality and CRA, as applicable) shall be required to execute an interlocal agreement with Broward County within 90 days of project and funding approval by the Board of County Commissioners. The Funding Award is for the specific eligible project described in the Application, and is available for a reimbursement grant(s), consistent with the milestones established in the interlocal agreement, if the project is completed in compliance with the terms, conditions, and provisions of the interlocal agreement, within three (3) years from the date of execution of the interlocal agreement, subject to County staff review and approval of documentation submitted. 13 1. 2. PLANNING AND ENVIRONMENTAL REGULATION DIVISION BROWARD REDEVELOPMENT PROGRAM (BRP) APPLICATION FORM (To Be Completed by Applicant) Application Date: Applicant(s): Address: Contact Person: Title: Telephone #: FAX #: E-mail: 3. Project: 4. 5. Project Address: Project Location (Attach Map and Legal Description): Project Start Date: Project Completion Date: Property Owner(s): Property Owner(s) Address: Telephone #: FAX #: E-mail: 6. Funds Requested: Ea 14 APPLICATION FORM coned 7. Project Description: a. Provide brief narrative of the proposed project including project objectives, major project characteristics, number and type of permanent jobs created, removal of blighting conditions, population served, public purpose, proximity to public or other transportation, and non -County funding sources. Identify any in -kind match. b. Property acquisition projects must provide current appraisal(s) (i.e. no older than 6 months), and environmental audits(s), in accordance with the County requirements shown in Appendix II on Page 27. A Contract for Purchase is the minimum required documentation. (See #10 on Page 16.) c. In addition to the number of permanent new jobs created, interior build -out projects for economic development must identify the project to be undertaken, the long- term tenant or business/property owner, and the term of the lease. d. Provide detailed cost information regarding the project. Include design plans and costs estimates, bids, and other available information. Attach project plans and detailed cost estimates. Plans must be to scale. Interior build -out projects must include the cost per square foot, number of square feet, and cost of the interior build - out not including furniture and equipment. e. Demonstrate how the project addresses the Criteria, shown on Pages 18-21. f. Provide additional attachments as needed. 8. Project Costs and Funding Sources As an attachment, provide cost information regarding the project. Provide detail necessary to identify funding sources (which may be less detail than in #7d). APPLICATION FORM conYd 9. Funding Source Information (Include Match information. See "Definitions" on Pages 11- 12.) As an attachment, provide the following for each funding source currently in place to complete this project. a. Funding provided b. Name, address, telephone number, contact person c. Type of funding provided (e.g., grant, loan, other -specify), funding timeframes, and special terms and conditions (e.g., performance -based, interest rate, etc.) d. Date funded, requested and expected (Attach commitment or award letters) 10. Project Site Control a. Applicant currently has control of project site through: Fee Simple Title Lease Other (describe) b. Provide Evidence of Site Control (i.e., copy of Warranty Deed, etc.) c. If site is not under Applicant's control, provide time line and schedule for establishing control. (Contract for Purchase is the minimum required documentation.) Legal Description and Map (attach): Street Address: Current Owner: d. If the project site is vacant, describe any prior known use. Also indicate the age of any buildings or other structures currently located on the site. W APPLICATION FORM conYd e. Provide a layout of the project site showing details, including the locations of any existing buildings or other structures and any public improvement projects addressed in the Application. f. Provide a Location map, showing location of the project to the surrounding area. g. Attach Phase 1 and Phase 2 environmental assessments, as required. Provide mitigation plan, if required. 11. Project Development Schedule: Provide a Project Development Schedule from start date to completion date and note milestones. 17 BROWARD REDEVELOPMENT PROGRAM (BRP) FY 2013 EVALUATION TOOL Criteria, scoring points, and weights for project selection are described on the following pages. For each project, eight "Criteria" will be rated from 0 to 3 points, with the lowest score of "0" and the highest score of "3." Applicants are required to identify, through narrative statements or through referencing by Application page numbers), how the "Criteria" are addressed. If the Application does not address a criterion, then that should be indicated with an "NIA." Applicants may provide Attachments, as needed. At a minimum, the Application should address the "Criteria." "Weights" will be applied to the "Criteria." While all the "Criteria" are important to redevelopment, the "Weights" provide higher "Final Scores" to projects directly related to removal of blighting conditions, job creation, and economic development. Each Evaluation Committee member will assign 0 to 3 points to each "Criteria (1-8) 11 based on the documentation provided in the Application. The "Points" will be multiplied by the "Weight" to obtain the "Final Score" for each of the "Criteria." For the ninth criterion, the "Final Score" will be up to 2 points each for "Number of Jobs Created for Area Residents" and "Number of High -Paying Jobs". The s_ of the Final Scores for the nine "Criteria" is the "Final Project Score." However, "YES" responses to the following questions will add 10 points each to the "Final Project Score." A. Is the project within a redevelopment area that has never received funding through the Redevelopment Capital Program (RCP)? B. Is the project within a municipality that has never received County Tax Increment Financing (TIF)? The minimum "Final Project Score" is 0 points and the maximum is 120 points. The "Average Final Project Score" for each project will be an avera a of the "Final Project Score" of all members of the Evaluation Committee. Projects will be recommended for funding consideration by the Board of County Commissioners based on the average "Average Final Project Score" and the availability of BRP funds. No project with an "Average Final Project Score" of less than 75 points will be recommended for BRP funding. im EVALUATION TOOL coned Criteria 1. Proximity to Transit and Transit Accommodations. To obtain a high score of "3," the Application must demonstrate that the project is within 1/4 mile of public transportation (attach map) and that the project includes transit accommodations. The low score of "0" will be given if the Application provides no documentation or the project is one mile or more from public transportation. Transit accommodations include, but are not limited to: shuttle service, bicycle racks, private shower, etc. 2. Environmental Sustainability Components (solar technology, LEED standards, sea -level rise mitigation/adaptation, etc.). To obtain a high score of "3," the Application must demonstrate that the project contains two (2) or more components that address environmental sustainability. The low score of "0" will be given if the Application provides no documentation or there are no environmental sustainability components. 3. Ability to Timely Complete Project. To obtain a high score of "3," the Application must include a Project Development Schedule and demonstrate that the project will be completed in accordance with the Project Development Schedule. The low score of "0" will be given if the Application provides no documentation regarding a Project Development Schedule or ability to complete within the Project Development Schedule. 4. Contribution from non -County Sources. To obtain a high score of "3," the Application must provide detailed project costs and all funding including County and non -County funding, including an in -kind match as defined on Page 12. The low score of "0" will be given if the Application provides no documentation regarding the contribution or there is no non -County contribution. 5. Increase in Tax Base. To obtain a high score of "3," the Application must provide calculations of the expected increase in the tax base due to private redevelopment, document the private redevelopment, and show the increase in the tax base. The low score of "0" will be given if the Application provides no calculations or insufficient documentation of private redevelopment or no increase in the tax base. 6. Higher Unemployment than Municipality and County and/or Lower Property Value Growth for Redevelopment Area than for Municipality and County. To obtain a high score of "3," the Application must demonstrate higher unemployment and/or lower property value growth in the redevelopment area than those of the Municipality or the County. The low score of "0" will be given if the Application provides no documentation _regarding unemployment and property values or if unemployment in the redevelopment area is lower than those of the Municipality and the County and/or property value growth is higher than those of the Municipality and the County. 7. Removal of Blighting Conditions. To obtain a high score of "3," the Application must demonstrate the blighting conditions and how the project will remove such conditions. The low score of "0" will be given if the Application provides no documentation regarding blighting conditions. 19 EVALUATION TOOL coned 8. Number of Jobs Created. To obtain a high score of "3," the Application must demonstrate the number of permanent jobs created and how the project contributes to long-term job creation. The low score of "0" will be given if the Application provides no documentation regarding the permanent number of jobs created or how the project contributes to long-term job creation. The number of jobs created must be calculated in accordance with the American Recovery and Reinvestment Act of 2009 (ARRA), as described at http://www.whitehouse.gov/omb/assets/memoranda 2010/m 10-08. df. The number of jobs must be expressed as Full -Time Equivalents (FTE) and must not include indirect and induced jobs. 9. The Final Score will be up to two (2) points based on the responses to each of the following: a. Number of Jobs Created for Area Residents. To obtain the full "2" points, the Application must demonstrate that the permanent jobs created are for residents of the redevelopment area. No points will be given if the Application provides no documentation or none of the jobs created are for residents of the redevelopment area. b. Number of High -Paying Jobs. To obtain the full "T points, the Application must demonstrate that the jobs created are permanent high -paying jobs. No points will be given if the Application provides no documentation or no high -paying jobs are created. High -paying jobs are jobs paying at least 115% of the County average wage. Effective January 1, 2013, the Broward County Average Wage, as defined by the "State of Florida Incentives Average Wage Requirements," is $43,091; and, 115% of this amount is $49,555. TIEBREAKER: How many permanent jobs are created; are the jobs for residents of the redevelopment area; and are the jobs high -paying jobs? If two projects receive the same score, the project which creates the most permanent high -paying jobs for residents of the redevelopment area shall be recommended for funding ahead of the project which creates fewer jobs and lower -paying jobs. High -paying jobs are jobs paying at least 115% of the County average wage. Effective January 1, 2013, the Broward County Average Wage, as defined by the "State of Florida Incentives Average Wage Requirements," is $43,091; and, 115% of this amount is $49,555. 20 0 W IN 0 MEW m UMU 0 1 I a is is, 4]i ii: i]i i is Ki 7iT�i isiir-r:i yi �ii% I �i is is 4 is A. is T, Q Z]i il R, 'T� M� IP"�- — , , is !:Lssit', s �s Appendix I BROWARD REDEVELOPMENT PROGRAM (BRP) INTERLOCAL AGREEMENT An interlocal cooperation agreement must be executed by the County, the municipality and the community redevelopment agency (CRA), as applicable, within 90 days of project and funding approval by the Broward County Board of County Commissioners. Scope of ILA Interlocal Cooperation Agreement (ILA) establishes: o Size and boundaries of the redevelopment area; o Term of County financial obligation; o Maximum amount payable by the County; o Terms of Reimbursement Grant; o Reporting requirements; o Detailed Project Description; and o Documentation required for County reimbursement including: ■ Signed letter from the Mayor/City Manager certifying completion of a milestone and for final reimbursement certifying completion and operation of the public improvement or completion of property acquisition or completion and operation of the interior build -out and number of jobs created; ■ Contract including Scope of Work and Project Cost; ■ Itemized actual costs; ■ Evidence of payment, which at a minimum will include copies of invoices and canceled checks or wire transfers; and, ■ For property acquisition, the municipality/CRA must * record a restrictive covenant in favor of the County in the public records of Broward County, Florida encumbering the property acquired, in form and substance approved by the County, regarding the number of new permanent jobs created as a result of the acquisition and that a portion (up to 100%) of the grant shall be refunded to the County in the event the acquisition and redevelopment of the property does not comply with all of the requirements of the interlocal agreement, including placement of the property on the tax roll within three (3) years of acquisition. Use of County Funding • All projects shall be completed in conformance with the ILA, and within three (3) years of execution of the ILA. • County funding shall be provided to projects that address the public purposes of 22 economic development, job creation and removal of blighting conditions and the public purposes must have long-term positive impacts on the community providing a decent, secure and attractive living and working environment. • County funding of property acquisition, public improvement projects and interior build -out shall be in compliance with County funding policies and practices. • County funding shall be based on funds available through the Broward Redevelopment Program (BRP). • County funding through the Broward Redevelopment Program (BRP) shall be a reimbursement grant(s). • A reimbursement grant for property acquisition projects may include the actual purchase price and associated acquisition costs for a survey, appraisal(s), and environmental assessments (not mitigation) not to exceed the amount approved by the Board of County Commissioners. • Reimbursement grants shall be for documented actual project costs not to exceed the amount approved by the Board of County Commissioners. • County reimbursement shall not be made until milestones identified in the ILA are achieved. When milestones are achieved, the Applicant must present documentation and make a request for a County disbursement, subject to County staff review and approval. No more than three (3) disbursements, including a final disbursement at project completion, shall be made for any single property acquisition or public improvement project. For property acquisition and public improvement projects, the Applicant must identify milestones prior to execution of interlocal agreement otherwise one grant payment will be made when the project is complete. For interior build -out, the County grant will be disbursed only after the interior build -out is complete and the business has hired the number of long-term employees identified in the Application. Additionally, for interior build -out projects, the grant will be paid out in annual installments in proportion to the lesser of the number of years of the term of the lease if a tenancy, or five (5) years. All County reimbursement grants are subject to staff review and approval of documentation. • Requests for reimbursement must be made within 120 days of completion of milestone or project completion. • No Broward Redevelopment Program (BRP) funds may be used to clean up a contaminated site. • No Broward Redevelopment Program (BRP) funds will be awarded to a community redevelopment area, created pursuant to Chapter 163 Part III, F.S, which is receiving County tax increment financing. 23 Reporting Requirements • The municipality or CRA is responsible for implementing and conforming to the terms and conditions of the ILA. The municipality or CRA shall provide to the County advance notice of all public meetings related to projects pursuant to the ILA. The municipality or CRA shall keep the County informed throughout the planning, design and construction of such projects. • In addition to the requirements of Ch. 163, Sections 356, 362 and 387, F.S. (Ch. 163 applies to CRAs), which are due by March 31 of each year, the CRA or municipality shall submit to the County on the anniversary date of the execution of the interlocal agreement, a detailed report of the progress made in carrying out the projects approved by the Board of County Commissioners for BRP funding. The annual report shall include the Project Development Schedule for a property acquisition or public improvement project, or interior build -out and a critical path timeline as to overall redevelopment within the declared redevelopment area. Additionally, the annual report shall include time frames and benchmarks, including, but not limited to, accounting of County funding, enhancements to the tax base, any leverage of private or public funds, costs and revenues, growth in new business, job creation, removal of blighting conditions, reduction in code violations, improvements to infrastructure and ongoing benefits to the broader community. The report shall contain sufficient information for the County to determine if the projects conform to the ILA. Financial information must be provided in the format provided in Exhibit 1 on Pages 25 and 26. Compliance with County Regulations • By executing an interlocal agreement, the Applicant agrees to comply with any and all County policies, regulations, and practices. 24 Exhibit 1 BROWARD REDEVELOPMENT PROGRAM (BRP) FINANCIAL INFORMATION FORMAT Municipalities and Community Redevelopment Agencies (CRAs) receiving funding through the Broward Redevelopment Program (BRP) have a reporting responsibility to Broward County, the funding agency. To effectively demonstrate accountability for the use of County funding through the Broward Redevelopment Program, the annual progress report must include cumulative financial information for each individual project undertaken pursuant to the interlocal agreement (ILA). As shown, on Page 26, the financial information report format is composed of three sections. Section One presents expenditures for the current year* and the cumulative expenditures for each redevelopment project as follows: 1) a description of the project; 2)� the projected cost of the project as originally presented in the application for BRP funding; 3) the cumulative expenditures for the project up to the beginning of the year* being reported; 4) the expenditures for the project for the year*; and 5) the total cumulative expenditures for the project as of the end of the year* being reported. Section Two presents the Statement of Revenue, Expenditures and Changes in Fund Balance for the separate account/fund established for BRP monies received from Broward County pursuant to the ILA, and the Redevelopment Trust Fund, as appropriate, and include 1) revenue received by source; 2) the project expenditures; 3) administrative costs**, including salaries, contractual services, and capital outlay; 4) debt service**, including principal and interest; 5) other expenditures; and 6) the fund balances. Section Three presents the Balance Sheet for the BRP account and the Redevelopment Trust Fund, as appropriate. There must be full disclosure in all sections and the information presented must be reconcilable to the ILA, and the independent financial audit of the BRP account for either the municipality or the CRA, as required by the ILA. * Fiscal year or other date specified in the ILA **Administrative costs or debt service are required as they apply to overall redevelopment. 25 Format for Financial Information for the Annual Progress Report XYZ Municipality or CRA receiving BRP Funding For Fiscal Year Ended September 30, 201X* Section I: Project Expenditures Description Project Streetscape Improvements BRP Funds Other Funds Parking Project BRP Funds Other Funds Roadway Improvements BRP Funds Other Funds Streetlight Installation BRP Funds Other Funds Total Expenditures BRP Funds Other Funds Cost as Expenditures Presented in ILA Through 9-30-1X* $6,5009000 $39500,000 41500,000 50,000 210009000 21000,000 500,000 2007000 Cumulative Expenditures for Fiscal Year 201 X* $50,000 41000,000 Lei 50,000 Cumulative Expenditures Through 9-30-1 X* $3550, 000 41050,000 2,000,000 2509000 Section II: Statement of Revenue, Expenditures & Changes in BRP Account & Redevelopment Trust Fund" Balances Revenues: County BRP Redevelopment Trust Fund ** I me rest Total Revenues Project/Activity Expenditures (total from Section 1) Administrative Costs**: Salaries Contractual Services Capital Outlay Total Administrative Costs Debt Service**: Principal Interest Total Debt Service Other Expenditures Total Expenditures Excess of Revenues Over Expenditures Fund Balances, October 1 * County BRP Redevelopment Trust Fund Fund Balances, September 30* County BRP Redevelopment Trust Fund Section III: Balance Sheet Assets (with detail) Liabilities and Fund Balances (with detail) Fiscal year or other date specified in the ILA ** Items are required as they apply to overall redevelopment. 26 49100,000 r. we Vega.. u �W ..*... .*... ...... ..... force 14FIN, Appendix II BROWARD REDEVELOPMENT PROGRAM (BRP) PROPERTY ACQUISITION REQUIREMENTS 1. Broward County Administrative Code, subsection 6.8(g)(10), establishes County appraisal policy, as follows: Obtain not less than two (2) appraisals from a list of qualified appraisers, as defined in #2, approved real property valued at annually by the County Administrator on parcels of $500,000.00 or more, exclusive of damages, which the City/CRA contemplates appraisal from the same list of less than $500,000.00. purchasing. Obtain at least one independent of qualified appraisers on property with a value 2. Broward County requires appraisals from the "Broward County/School Board of Broward County List of Preferred/Qualified Real Estate Appraisers" (List). Appraisals have to be reviewed and accepted by Broward County's Real Estate Due Diligence Officer. Please call (954) 357-6826 for the List. 3. Broward County requires a Phase 1 Environmental Audit, and if deemed necessary by the County, a Phase 2 Environmental Audit. These environmental audits are subject to approval by the County. 27