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RE SOLUTION NO. 045/2017
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE DOWNTOWN
DEVELOPMENT AUTHORITY ("MIAMI DDA") OF THE CITY OF MIAMI,
FLORIDA, SUPPORTING THE EXPANSION OF THE MIAMI DDA
DISTRICT BOUNDARIES TO INCLUDE THE RIGHT-OF-WAY LANDS
UNDERNEATH THE MIAMI METRORAIL, ALSO KNOWN AS THE
UNDERLINE, FROM THE MIAMI RIVER TO SOU'T'HEAST 15 ROAD.
WHEREAS, the boundaries of the Miami Downtown Development Authority of the City of
Miami, Florida ("Miami DDA") are established by the City of Miami Commission; and
WHEREAS, the Friends of the Underline is a 5010 non-profit organization working to
establish new public park space beneath the MetroRail system called the Underline; and
WHEREAS, the Miami DDA has reviewed the potential expansion of its boundaries to include
the section of Underline that is adjacent to the southwestern boundary of the existing district to allow
the DDA to partner with and participate in the delivery and ongoing programming of the new park
space; and
WHEREAS, Goal 4, Action Item 4.5 — "Connect and Promote Downtown Parks, Open Spaces
and Greenways" of the 2025 Downtown Miami Master Plan, attached and incorporated as Exhibit "B",
seeks to identify park typologies and potential locations for new open space within the Downtown
District; and
WHEREAS, § 166.0497, Fla. Stat. (2017) details the procedures for the "alteration, amendment,
or expansion of [the] established downtown development district", attached and incorporated as Exhibit
"A"; and
WHEREAS, the Miami DDA procured the services of Lambert Advisory, an independent third -
party consultant, to study the economic impact of the inclusion of the additional park land created by
the section of the Underline project that runs from the Miami River on the north to Southeast 15 Road
on the south, coincident with the Metro Rail right-of-way on property that is owned by the Miami -Dade
County Department of Transit and Public Works, to affirm that it would revitalize and preserve property
values in the Downtown District per § 166.0497, Fla. Stat. (2017); and
WHEREAS, the study, attached and incorporated as Exhibit "C", concluded that expanding the
boundaries of the Miami DDA to include the Underline section adjacent to the existing Miami DDA
boundaries will revitalize and preserve property values within the existing district; and
WHEREAS, the study further concluded that the expansion will result in net positive
increases in existing and future property values within the existing district due to enhanced property
assessment values and potential new development; and
WHEREAS, based on the study, the Board of Directors of the Miami DDA concludes that
expanding the boundaries of the Miami DDA to include the Underline as stated herein will revitalize
and preserve property values and prevent deterioration of the original district; and
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1 6241 Exhibit F -SUB I
THIS DOCUMENT IS A SUBSTITUTION TO
ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT
END OF THIS DOCUMENT. I
W11EREAS, it is in the interest of the Miami DDA and the City of Miami to expand the
boundaries of the Miami DDA to include the Underline;
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Section 1. The Board of Directors of the Miami DDA hereby supports and recommends
to the Miami City Commission the expansion of the Miami DDA boundaries to include the right-of-
way underneath the Miami MetroRail, also known as the Underline, from the Miami River to Southeast
15 Road.
Section 2. This Executive Director is directed to deliver a certified copy of this
Resolution to the Miami City Commission, the Mayor of the City of Miami, the City Manager, the City
Clerk, and the City Attorney.
Section 3. This Resolution shall be effective immediately upon its adoption.
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ATTEST:
K—.a jr G'get —
Secretary to the Board of Directors
Aly M. Robertson, Executive Director
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SUBSTITUTED
Exhibit F
DDA Board Resolution No. 045/2017, adopted November 17,