File #: Resolution 17-26    Version: 1 Name: Approve resolution 17-26
Type: Resolution Status: Passed
File created: 7/31/2017 In control: Office of Management & Budget
On agenda: 8/3/2017 Final action: 8/3/2017
Title: Amend the Interlocal Agreement with Pinellas County regarding Penny for Pinellas and adopt Resolution 17-26.
Attachments: 1. 17-26 AMENDED Penny for Pinellas Interlocal Agreement.pdf, 2. Exhibit A - Interlocal Agreement FINAL changes incorporated.pdf, 3. Penny Estimated Distribution Penny III_Penny IV (03 28 17).pdf

SUBJECT/RECOMMENDATION:

Title

Amend the Interlocal Agreement with Pinellas County regarding Penny for Pinellas and adopt Resolution 17-26.

 

Body

SUMMARY: 

On April 25, 2017, Council approved Resolution 17-17 in support of the proposed extension of Penny for Pinellas and executed the Interlocal Agreement provided by Pinellas County.  The County subsequently revised that agreement to reflect dialogue regarding the composition of the joint review committee for guiding countywide investment of the 8.3% of total Penny revenue for housing opportunities and economic development capital projects that support job retention and creation.

This change has no effect on the distribution percentages or total estimated revenues.