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Lauderhill CRA accepts clean FY2025 audit and OKs up to $730,000 for Wingate Plaza storefront work
Summary
The Lauderhill Community Redevelopment Agency received a clean audit for fiscal year 2025 and voted unanimously to authorize up to $730,000 for facade renovations at Wingate Plaza, officials said. Auditors reported no significant deficiencies; the contract covers façade improvements, not tenant build‑outs.
The Lauderhill Community Redevelopment Agency on April 27 accepted an unmodified ("clean") audit for the fiscal year ended Sept. 30, 2025, and approved a contract for storefront renovations at Wingate Plaza.
Auditor Roderick Harvey of HCT told the board the firm will issue a clean opinion for the year and found "no matters to report" regarding uncorrected or corrected misstatements, significant deficiencies, material weaknesses or related‑party issues. Harvey said auditors use cautious language on fraud: "nothing came to our attention" to report, noting that collusion is difficult to rule out but that the CRA's control environment was solid.
The CRA then considered Resolution CRA26R0407 authorizing CRA staff to enter an agreement with Platinum General Contracting and Land Development LLC for an amount not to exceed $730,000 for Wingate Plaza Phase B and C storefront renovations (Bid No. 2026‑32). Executive Director Sean Henderson and staff told commissioners the $730,000 covers façade and exterior improvement work; tenant interior build‑outs and fit‑out costs are separate and would be funded or negotiated outside the façade contract.
Commissioner Ray Martin moved approval of the amendment and resolution; Commissioner John T. Hodson seconded. City Clerk Kylie called the roll and the CRA approved the contract 4–0.
Henderson described the broader strategy: the CRA will invest in properties to improve appearance and attract higher rents, then employ property management and new leasing to increase revenue. He said some holdings are already leased and that renovations aim to bring remaining units to market‑rate tenancy.
The board heard questions about cash on hand and tax‑increment financing. Staff explained that CRA revenues mix TIF transfers from the city and rents generated by CRA properties and that non‑cash transactions (for example, property sales or transfers) can affect cash and fund balance in ways that do not mirror operating revenue line items.
The CRA adjourned after approving the resolution. Staff said they would follow up with any commissioner questions and provide additional detail on project phasing and tenant build‑out plans.
