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HomeMy WebLinkAboutR-01-0205J-01-186 2/22/01 RESOLUTION NO. .. 2 01 5 A RESOLUTION OF THE MIAMI CITY COMMISSION DIRECTING THE CITY MANAGER TO IMMEDIATELY COMMENCE DISCUSSIONS WITH THE MIAMI SPORTS AND EXHIBITION AUTHORITY ("MSEA") AND MIAMI- DADE COUNTY (THE "COUNTY") REQUESTING THE DEDICATION OF EXCESS CONVENTION DEVELOPMENT TAX FUNDS NOT NECESSARY TO FUND THE MIAMI ARENA BOND ISSUE TO BE SPECIFICALLY EARMARKED FOR CAPITAL IMPROVEMENTS AND BOND FINANCING AT THE MIAMI ORANGE BOWL MEMORIAL STADIUM AND THE CITY OF MIAMI/UNIVERSITY OF MIAMI JAMES L. KNIGHT INTERNATIONAL CENTER; FURTHER DIRECTING THE CITY MANAGER TO REPORT HIS FINDINGS AND RECOMMENDATIONS TO THE CITY COMMISSION AS SOON AS SUCH INFORMATION BECOMES AVAILABLE. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is directed to immediately commence discussions with the Miami Sports and Exhibition Authority ("MSEA") and Miami -Dade County (the "County") requesting the dedication of excess Convention Development Tax funds not necessary to fund the Miami Arena bond issue to be specifically earmarked for capital improvements and bond financing at the Miami Orange Bowl Memorial Stadium and the City CITY COMMISSION Id+LEETI.I+d+G OF L� hu&-oi,;aion Lvo. of Miami/University of Miami James L. Knight International Center. Section 2. The City Manager is directed to report his findings and recommendations to the City Commission as soon as such information becomes available. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor Y PASSED AND ADOPTED this 22nd day of February , 2001. ATTEST: In accordance with Miami Code S this [cgMafon by ? it in t boco ooa etfectivc wil. -1 ti ^, regarding same, without tine May( WALTER J. FOEMAN CITY CLERK APPROVED. F 19: BSS JOE CAROLLO, MAYOR did nct in U`cato v r,,— e6 CORRECTNESS:t/ vu-�?er j. l� If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. Page 2 of 2 0 J -- 1