Community Redevelopment Agency Board Meeting

1. Call to Order 2. Invocation 3. Pledge of Allegiance 4. Roll Call 5. Agenda Approval 6. Legal 7. Informational Items and Disclosures by Board Members and CRA Staff: 8. Information Only A. Quarterly Progress Report from BB QOZ, LLC for the 115 N. Federal Highway Mixed-Use Project (aka The Pierce) - October 2024 - December 2024 B. Quarterly Progress Report #7 from Pulte Home Company, LLC for the Cottage District Infill Housing Redevelopment Project - October 2024 - December 2024 9. Announcements and Awards Community Redevelopment Agency Board Meeting Tuesday, January 14, 2025 - 6:00 PM City Hall Chambers, 100 E. Ocean Avenue and Online Meeting 561-737-3256 AGENDA REVISED AGENDA INFORMATION - Due to the Special Joint Meeting of the Boynton Beach Community Redevelopment Agency (BBCRA) Board and the City of Boynton Beach Commission, the regularly scheduled January 14, 2025, CRA Board Meeting will start at a time not certain, but following as soon thereafter, the conclusion of the Special Joint Meeting which begins at 6:00PM. A. Additions, Deletions, Corrections to the Agenda B. Adoption of Agenda A. Disclosure of Conflicts, Contacts, and Relationships for Items Presented to the CRA Board on Agenda 1

10. Public Comments 11. Consent Agenda A. CRA Financial Report Period Ending December 31, 2024 B. Approval of a 90-day Extension to the Commercial Property Improvement Grant Program with Jken Boutique LLC located in Ocean Palm Plaza at 1600 N. Federal Highway, Unit 9 C. Approval of the Commercial Rent Reimbursement Grant Program in the Amount of $24,000 to EGVV LLC d/b/a Paloma Mexican Restaurant located in 500 Ocean at 510 E. Ocean Avenue, Unit 105 D. Approval of Extension of Contract between the CRA and Sadler Builders, Inc. 12. Pulled Consent Agenda Items 13. CRA Advisory Board A. 2025 CRA Advisory Board Meeting Dates B. Pending Assignments - New Assignments from the CRA Board Assigned at the February 13, 2024 CRA Monthly Board Meeting C. Reports on Pending Assignments - New Assignments from the CRA Board Assigned at the February 13, 2024 CRA Monthly Board Meeting - 2016 CRA Plan Revision Recommendations 14. Old Business A. Continued Discussion and Consideration of Circuit Transit Inc.'s Contract for On- Demand Transportation Services B. Continued Discussion and Consideration of MLK Jr. Boulevard Corridor Mixed Use Project Update (d/b/a Heart of Boynton Shops) C. Continued Discussion and Consideration of Search for the New Executive Director - TABLED 11/21/2024 15. New Business A. Discussion and Consideration of Executive Recruitment Firms for Executive Director Candidates - TABLED 11/21/2024 B. Discussion and Consideration of the Andrews House Located at 306 SE 1st Avenue The public comment section of the meeting is for public comment on items on the consent agenda or items that are not on the agenda. For items on the agenda, the public will be given an opportunity to comment at the time each item is considered. Each speaker will be given a total of three (3) minutes to comment; however the Board retains the right to reduce the number of minutes prior to the start of public comment. Persons making public comment may not assign or donate their public comment time to another individual to allow that other individual additional time to comment; however, any persons requiring assistance will be accommodated as required by the Americans with Disabilities Act. Prior to addressing the Board, please go to the podium or unmute your device when prompted, and state your name and address for the record. 2

C. Discussion and Consideration of Tax Increment Funding Request from Time Equities for the Town Square Project located at 100 E. Ocean Avenue D. Discussion and Consideration of the Interlocal Agreement between the City of Boynton Beach and the Boynton Beach CRA for Providing Reimbursement for the Construction Costs of the Neighborhood Officer Policing Program Location located within the Boynton Beach Community Redevelopment Area E. Discussion and Consideration of the Authorization of Acting Executive Director to Sign the Construction Contract for Unit 8 at The Heart of Boynton Shops for the Neighborhood Officer Policing (NOP) Program 16. CRA Projects in Progress A. 2024 Holiday Boat Parade Recap B. Social Media & Print Marketing Update C. CRA Economic & Business Development Grant Program Update 17. Future Agenda Items A. Discussion and Consideration of the Second Amendment to the Purchase and Development Agreement between the CRA and BB QOZ, LLC for the 115 N. Federal Highway Mixed Use Project (aka The Pierce) B. Discussion and Consideration of a First Amendment to the Interlocal Agreement (ILA) between the CRA and the City of Boynton Beach regarding Contract with Circuit Transit Inc. for the BBCRA Pilot Ride Share Program C. Discussion and Consideration of Approval of Circuit Transit Inc.'s Contract for On- Demand Transportation Services 18. Adjournment NOTICE IF A PERSON DECIDES TO APPEAL ANY DECISION MADE BY THE CRA BOARD WITH RESPECT TO ANY MATTER CONSIDERED AT THIS MEETING, HE/SHE WILL NEED A RECORD OF THE PROCEEDINGS AND, FOR SUCH PURPOSE, HE/SHE MAY NEED TO ENSURE THAT A VERBATIM RECORD OF THE PROCEEDING IS MADE, WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS TO BE BASED. (F.S. 286.0105) THE CRA SHALL FURNISH APPROPRIATE AUXILIARY AIDS AND SERVICES WHERE NECESSARY TO AFFORD AN INDIVIDUAL WITH A DISABILITY AN EQUAL OPPORTUNITY TO PARTICIPATE IN AND ENJOY THE BENEFITS OF A SERVICE, PROGRAM, OR ACTIVITY CONDUCTED BY THE CRA. PLEASE CONTACT THE CRA, (561) 737-3256, AT LEAST 48 HOURS PRIOR TO THE PROGRAM OR ACTIVITY IN ORDER FOR THE CRA TO REASONABLY ACCOMMODATE YOUR REQUEST. ADDITIONAL AGENDA ITEMS MAY BE ADDED SUBSEQUENT TO THE PUBLICATION OF THE AGENDA ON THE CRA'S WEB SITE. INFORMATION REGARDING ITEMS ADDED TO THE AGENDA AFTER IT IS PUBLISHED ON THE CRA'S WEB SITE CAN BE OBTAINED FROM THE CRA OFFICE. 3

COMMUNITY REDEVELOPMENT AGENCY BOARD MEETING OF: January 14, 2025 INFORMATION ONLY AGENDA ITEM 8.A SUBJECT: Quarterly Progress Report from BB QOZ, LLC for the 115 N. Federal Highway Mixed-Use Project (aka The Pierce) - October 2024 - December 2024 SUMMARY: On June 7, 2022, the CRA Board approved the Purchase and Development Agreement (PDA), the Tax Increment Revenue Funding Agreement (TIRFA), and the Parking Lease Agreement with BB QOZ, LLC (aka Affiliated Development, LLC) for the 115 N. Federal Highway Mixed Use Project (aka The Pierce, see Attachments I-III). Paragraph 21.9 of the PDA requires a written report every three months by BB QOZ, LLC. BB QOZ, LLC's attendance is not required to present the report to the Board unless requested by the Board. Additionally, Paragraph 3.2.4 of the TIRFA requires an update of the project's financing. The project's quarterly report was submitted on January 6, 2025 (see Attachment IV). On August 14, 2024, the Court rendered a final opinion in favor of the City of Boynton on the pending litigation that challenged the abandonments of a portion of the north alley, the entire south alley, and NE 1st Avenue (see Attachments V - VII). Based on the Court's decision and pursuant to the terms of the First Amendment to the Purchase and Development Agreement, BB QOZ, LLC will have until December 12, 2024 (120 days from the Court's final Opinion) to submit all construction documents and applications necessary to obtain building permits for the project (see Attachment VIII). On October 29, 2024, BB QOZ, LLC paid the Building Department plan review fees and submitted all documents necessary to obtain building permits for the project (see Attachment IX). BB QOZ, LLC will be resubmitting a separate building permit for the Hurricane Alley building to be located at 508 E. Boynton Beach Boulevard. CRA PLAN/PROJECT/PROGRAM: 2016 Boynton Beach Community Redevelopment Plan CRA BOARD OPTIONS: No action is required unless otherwise determined by the Board. ATTACHMENTS: Description 4

• Attachment I - Executed 115 N. Federal Highway Mixed Use Project (aka The Pierce) Purchase and Development Agreement • Attachment II - Executed 115 N. Federal Highway Mixed Use Project (aka The Pierce) TIRFA • Attachment III - Executed 115 N. Federal Highway (aka The Pierce) Parking Lease Agreement • Attachment IV - The Pierce - CRA Report - Q4 2024 • Attachment V - Case Number 502023CA009318XXXXMB (209 N. Federal, LLC vs. City of Boynton Beach) • Attachment VI - Case Number 502023CA010518XXXXMB (BBQOZ vs. 209 N. Federal LLC) • Attachment VII - Court Opinion Facesheet • Attachment VIII - First Amendment to Purchase and Development Agreement • Attachment IX - Building Department Confirmation 5

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