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HomeMy WebLinkAboutItem #24 - First Reading OrdinanceI11q 19.0. J -C2-949 D 11/7/02 ORDINANCE NO. AN ORDINANCE OF THE MIAr:I CITY COMMISSION, WITH ATTACHMENT(S), AMENDING CHAPTER 14/ ARTICLE II/ DIVISION 1 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, ENTITLED "DOWNTOWN DEVELOPMENT/DOWNTOWN DISTRICT/GENERALLY," BY REPEALING SECTION 14-27 IN ITS ENTIRETY AND SUBSTITUTING IN LIEU THEREOF NEW SECTION 14-27 TO SET FORTH NEW BOUNDARIES FOR THE DOWNTOWN DEVELOPMENT AUTHORITY ("DDA") DISTRICT, WHICH SHALL CONSIST OF THE TERRITORY AS SET FORTH IN "ATTACHMENT A" (THE EXISTING TERRITORY) AND EXPANDED TERRITORY AS SET FORTH IN ATTACHMENT "B," THEREBY ESTABLISHING NEW DDA DISTRICT BOUNDARIES; CONTAINING A REPEALER PROVISION, A SEVERABILITY CLAUSE, AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, pursuant to Chapter 65-1090,of Flo 'da, the City of Miami created the Downtown Develo ment ho y (the "DDA") and established the territory described in `lAttachment A", attached and incorporated, the bounds (tZiE{"DDA District") within which the Authority may r s its owers; and WHEREAS -,'\the Board Pk ire4 rs of t e DA and the City Commissionf'\ndt c usion of the territory described in "Atta men tac nd incorporated, in the DDA District wil vitalpreserve property values in the DDA District Cnd'..its---/Irrounding areas and such expansion is in the best