Public Forum on Proposed Margaritaville Hollywood Beach Resort
A public forum to review proposed changes to the development agreement and ground lease between the City of Hollywood, Hollywood Community Redevelopment Agency (CRA) and Margaritaville Hollywood Beach Resort, LLC is scheduled for Tuesday, September 4, 2012 at 6:00 p.m., Hollywood City Hall, Room 219, 2600 Hollywood Boulevard.
This meeting comes in advance of a special joint meeting of the Commission and CRA Board set for September 5, 2012 at 5:00 p.m. in which the Commission will consider an amendment to the existing agreement that updates the timeline for the construction of the project, details new financing plans and provides additional revenues to the city that have been negotiated with the developer. The Commission, in its role as the CRA board, will also consider a new compensated funding agreement that increases the CRA's investment in the project.
All interested residents are invited to attend.