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Board approves amendment to 2010 Hanson LLC agreement to align with $20 million CDBG‑DR award; removes MBE requirement
Summary
The CRA approved Amendment No. 3 to the development agreement with 2010 Hanson LLC to remove an MBE contracting requirement so agreement language aligns with recently issued CDBG‑DR documents for a planned 172‑unit affordable housing project.
The Fort Myers CRA voted to approve Amendment No. 3 to the development agreement between the CRA, the City of Fort Myers and 2010 Hanson LLC. The amendment removes a prior MBE contracting requirement from the development agreement so that the agreement’s language is consistent with CDBG‑DR award documents and does not create ambiguity that could imperil federal disaster recovery funding.
"We're requesting to amend the development agreement, to be more consistent," attorney Megan Strayhorn said on behalf of 2010 Hanson LLC, explaining that the change is intended to avoid inconsistencies with the CDBG‑DR award package. Developer Tom Rossi told the board the project was awarded $20,000,000 in CDBG funds for a 172‑unit affordable housing development and said the team is working toward construction close in April–May, contingent on final documents.
Attorney Clifford Shepherd said the amendment has been reviewed and prepared and that staff had no issue with the amendment language as presented. A commissioner publicly announced a recusal for this agenda item because of a potential conflict of interest; after discussion the board moved, seconded and approved the amendment.
The amendment will allow the CDBG‑DR documents to supersede conflicting language in the TIF/development agreement and includes clarifying edits to scope and entity identification, according to counsel for the developer. Staff indicated the item will next proceed in front of the Board of County Commissioners as part of the CDBG‑DR award process.
