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HomeMy WebLinkAboutMemorandumCITY OF MIAMI INTER -OFFICE MEMORANDUM To: Honorable Members Date: April 13, 2022 of the City Commission Subject: Wynwood NRD-1 Public Benefits Trust Fund Committee From: Todd B. Hannon References: Agenda for May 12, 2022 City Clerk Enclosures: Code Section 62-644 and 62-645 and Resumes/Biographies It is intended that the "NRD-1 Public Benefits Trust Fund" be established in order to collect cash contributions made according to the NRD-1 as established in the Miami 21 Zoning Code, as amended, the zoning ordinance of the City ("Miami 21 Code"), to support reinvestment and supplement affordable/workforce housing, public parks and open space, and civic space or civil support space within the NRD-1 boundaries. The Wynwood Business Improvement District ("BID") shall, through a five -member committee of the BID to be formed on an annual basis each fiscal year, of which one member shall be directly appointed by the City Commissioner from District 5, one member shall be directly appointed by the City Commissioner from District 2, one member shall be appointed by the City Commission, and two members shall be appointed by the BID Board and submitted to the City Commission for confirmation, allocate within the NRD-1 boundaries funds collected for purposes consistent with Section 62-644 of the Code of the City of Miami, as amended ("City Code"). The NRD-1 Public Benefits Trust Fund shall be established for a period of time commensurate with the BID as set forth in Section 2-1316 of the City Code, and thereafter shall be reviewed by the City Commission every three years to determine whether the purposes of the NRD- 1 Public Benefits Trust Fund have been satisfied, and upon such finding, the NRD- 1 Public Benefits Trust Fund shall sunset and any funds to be collected and allocated, pursuant to this article and according to the Miami 21 Code, shall revert to the Public Benefits Trust Fund, as established in Section 62-641 of the City Code. Three (3) appointments and two (2) confirmations are required at this time. • Commissioner Ken Russell has one (1) nomination for a seat currently: 1. Vacant. • Commissioner Christine King has one (1) nomination for a seat currently: 1. Vacant. • Commission -At -Large has one (1) nomination for a seat currently: 1. Vacant. The Wynwood Business Improvement District (BID) Board has appointed the following individuals and is requesting confirmation by the Commission. 1. David Polinsky. 2. David Lombardi. For your convenience, we have included committee. By copy of this memorandum, on the May 12, 2022, Commission agenda. TBH:ne a copy of resumes of the prospective appointees for the we are requesting that the Agenda Office place this issue Manny Gonzalez, Executive Director Domini Gibbs, Assistant City Attorney Miriam M. Santana, Agenda Coordinator