https://cityofdallas.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=6118675&GUID=208F8BD6-D139-4D85-895E-3BF18C172452&G=FA9AD36F-9FB5-4633-8A99-4487E4A1114CLegistar15https://cityofdallas.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=6118675&GUID=208F8BD6-D139-4D85-895E-3BF18C172452&G=FA9AD36F-9FB5-4633-8A99-4487E4A1114C208F8BD6-D139-4D85-895E-3BF18C172452-2024-09-19-20-02-54Title: Authorize (1) a developer agreement with UCR Development Services, LLC, (Developer), or an affiliate thereof in an amount not to exceed $5,957,631.00 with $3,612,358.00 in American Rescue Plan Act Coronavirus Local Fiscal Recovery Fund and $2,345,273.00 in Homeless Assistance (J) Fund (2017 General Obligation Bond Fund), of which $100,000.00 will be eligible for reimbursement upon City Council approval of the Agenda item and prior to contract execution for pre-development expenses, design, and redevelopment of the Miramar Hotel located at 1950 Fort Worth Avenue, Dallas, Texas (Property), into supportive housing for formerly unsheltered individuals; and (2) a ground lease agreement with the Developer for the duration of the design and redevelopment of the Property in a total rent amount of $5,000.00 to be paid by the Developer and conveyance back to the City upon acceptance of improvements pursuant to the lease - Total not to exceed $5,957,631.00 - Financing: Homeless Assistance (J) Fund (2017 General Obligation Bond Fund) ($2,345,273.00) and American Rescue Plan Act Coronavirus LocaThu, 19 Sep 2024 20:02:54 GMT