City Council is set to approve the Master Partnership Agreement for the One Boca civic campus redevelopment, a step that would finalize deal documents contingent on voter approval March 10.
Boca Raton officials unanimously endorsed a plan to later authorize up to $500,000 in city incentives—paired with potential state tax credits—to attract a publicly traded quantum computing company now based in California.
Introduced to City Council earlier this week, Ordinance 5769 would authorize a 99-year leasehold conveyance of City-owned downtown land, set the redevelopment framework, and tie City upside to performance-based revenue formulas.
A political advocacy organization says Boca Raton’s planned Jan. 20 City Center agreement was revised so it would remain binding even if a promised March 10 referendum never occurs.
One Boca’s Rob Frisbie Jr. fielded pointed questions on traffic, parking, costs and the proposed 99-year lease as the downtown government campus plan heads toward a March 10 referendum.