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Mr. James C. Brady Lauderdale Lakes City Attorney 501 Northeast 8 Street Fort Lauderdale, Florida 33304

Dear Mr. Brady:

On behalf of the City of Lauderdale Lakes and the Lauderdale Lakes Community Redevelopment Agency, you have asked for my opinion on substantially the following question:

Is the City of Lauderdale Lakes authorized to lend or appropriate money to the Lauderdale Lakes Community Redevelopment Agency for the purpose of making a loan to a private business located in the redevelopment area to assist that business with start-up costs in an area suffering the effects of slum and blight…