CITY OF ORLANDO
COUNCIL AGENDA ITEM

Items Types:
Community Redevelopment Agency (CRA) 		For Meeting of:
February 9, 2015
District: 3,4,5 From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : Yes Draft Only: No
Grant Received by City?: No
Subject:
Foundation for Building Community, Inc. Funding Agreement
Summary:

The Foundation for Building Community, Inc. is a collaborative of business and civic leaders from Central Florida’s seven county area.  The Funding Agreement between the City, CRA and the Foundation provides funding to the Foundation for activities related to the International Business Task Force set to convene in 2015 and the CRA’s efforts with respect to reducing homelessness within the Downtown Orlando Community Redevelopment Area.  Additionally, the City and CRA will be provided admission for each session of Leadership Orlando as well as provided membership in myregion.org.  The Funding Agreement contemplates for the CRA to contribute $25,000 and the City to provide $75,000 within fiscal year 2014-2015.  
Fiscal & Efficiency Data: Attached.
Recommended Action:
Approval of the Funding Agreement between the City, CRA and the Foundation for Building Community, Inc., subject to review and approval by the City Attorney’s Office, and authorization of the expenditure of $25,000 from the Downtown Orlando Community Redevelopment Area Trust Fund for such project and the execution of the Funding Agreement by the Chairman and Executive Director.
Agenda Item attachment(s) on file in the City Clerks Office.
Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.
Contact:
Approved By:

Department Date and Time
Budget Outside Routing Approval 1/30/2015 8:35 AM
Real Estate and Finance Attorney 1/30/2015 8:41 AM
City Clerk 1/30/2015 8:54 AM
ATTACHMENTS:
Name: Description: Type:
FIS_2015_Chamber_Agreement.pdf Fiscal Impact Statement Backup Material
2014-15_Foundation_for_Bldg_Comm_funding_agreement_1.28.15.pdf Funding Agreement Backup Material
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