City of Gainesville - File #: 170129.

• File #: 170129.
• Version: 1
• Type: Staff Recommendation
• Status: On Consent Agenda
• File created: 6/9/2017
• In control: Community Redevelopment Agency
• On agenda: 6/19/2017
• Title: Cotton Club Contract Extension (B)

Title

Cotton Club Contract Extension (B)

Explanation

The CRA entered into an agreement with the Cotton Club to provide matching funds for a Division of Cultural Facilities Grant to complete the renovation project.  At this time, the Cotton Club has nearly expended the CRA’s funding with approved work on the project.  The Division’s grant has been extended for six (6) months until December 31, 2017 due to the State’s disbursement process being stalled to their grantees.   To keep the contract with the CRA in line with the State’s CRA Staff is requesting an extension of the agreement until December 31, 2017.

Fiscal Note

None

Recommendation

CRA Executive Director to the CRA Board: Approve a time only extension for the Cotton Club grant through December 31, 2017 and authorize the CRA Executive Director to execute the extension on approved by the CRA Attorney as to form and legality.