Approval of Sublease for 126 North Flagler Avenue
September 17, 2024
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The Frame
The CRA will generate $27,664.80 in annual rent revenue from this commercial property lease.
Potentially affected actors named in the source documents. Mention is not a position.
Pompano Beach Community Redevelopment Agency
The agency is a party to the sublease agreement and will receive the specified annual rent revenue.
The Melted Bar 7 L.L.C.
The company is the tenant under the sublease agreement for the property at 126 North Flagler Avenue.
Last recorded activity September 17, 2024.
Next step not available in the current record.
Summary
Key Facts
- The CRA approved and ratified a sublease agreement with The Melted Bar 7 L.L.C.
- The property subject to the sublease is located at 126 North Flagler Avenue, Pompano Beach, Florida.
- The agreement generates $27,664.80 in annual rent revenue for the CRA.
- The resolution was filed under number 24-577.
- The resolution was introduced on September 9, 2024.
- The status of the resolution is marked as Passed.
Frequently Asked Questions
What is the purpose of this resolution?
How much money will the city make from this lease?
Why It Matters
The CRA will generate $27,664.80 in annual rent revenue from this commercial property lease.
News Coverage
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
CRA Revenue Stream
The document highlights the use of CRA-managed properties to generate recurring annual rental income.
Connected Entities
Sources
webapi.legistar.com
Analysis Score
0–100- Significance30How much this matters to a regular citizen
- Controversy5Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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