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CRA director says Center for Arts and Innovation terminated PCDA and lease effective Jan. 8

Boca Raton Community Redevelopment Agency · January 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

CRA Director Brown told the board the Center for Arts and Innovation notified the city and CRA on Jan. 8 that it was immediately terminating the Oct. 12, 2022 pre-construction and development agreement (PCDA) and the lease pursuant to Section 14; the CRA confirmed termination by letter on Jan. 9.

CRA Director Brown reported on Jan. 13 that the Center for Arts and Innovation notified the CRA and the city on Jan. 8 that it was terminating immediately the pre-construction and development agreement and the lease that stemmed from the Oct. 12, 2022 PCDA.

"On January 8, the center notified the…

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