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HomeMy WebLinkAboutR-97-0833J-97-864 11/25/97 RESOLUTION NO. 9 r- o 3 3 A RESOLUTION DIRECTING THE CITY MANAGER TO IMMEDIATELY IDENTIFY ALL REVENUES CURRENTLY RECEIVED FROM THE DEPARTMENT OF OFF-STREET PARKING FOR THE LEASING OF MUNICIPAL PARKING LOTS 57, 58, 59 AND 60, AND REDIRECT SAID REVENUE, AS WELL AS ANY OTHER REVENUE DERIVED FROM CURRENT OR FORMER SOUTHEAST OVERTOWN/PARKWEST COMMUNITY REDEVELOPMENT AGENCY ("CRA") ASSETS, TO THE SOUTHEAST OVERTOWN PARK WEST COMMUNITY `REDEVELOPMENT AGENCY; FURTHER DIRECTING THE CITY MANAGER TO PREPARE A REPORT AND JUSTIFICATION ON THE RECENT SALE OF FORMER CRA LAND UNDER THE MIAMI ARENA TO. MIAMI SPORTS AND EXHIBITION AUTHORITY ("MSEA") AND RETURN THE PROCEEDS OF SAID SALE TO THE CRA. WHEREAS, the City of Miami by Resolution No.'82-755 approved the Southeast Overtown/Parkwest Community Redevelopment Plan (herein referred to as the "Plan"); and WHEREAS, in accordance with the provisions of Chapter 163, Florida Statutes, Miami -Dade County ("_County"), by Resolution No. 1677-82 established the Southeast Overtown/Parkwest Redevelopment District (herein referred to as the "District") as a separate community redevelopment district for tax increment financing purposes, and approved by the Plan; and WHEREAS, the County by Ordinance No. 82-115 established and created in accordance with the provisions of Florida Statutes' Section 163.387, a Redevelopment Trust Fund (hereinafter referred to as the "Fund") and authorized allocation of monies from such fund; and CM C0&S80]ff MEETING OF NON261997 Resolution No. 97- 833 WHEREAS, the City and the County entered into an Interlocal Cooperation Agreement, dated as of March 31, 1983, as amended (hereinafter referred to as the "Agreement") which provided for the exercise of redevelopment powers by the City for the District, the implementation of the Plan, the delegation by the County to the City Commission to act as the community redevelopment agency for the District, and the use of tax increment financing to pay the costs of the implementation of the Plan; and WHEREAS, pursuant to and in accordance with the Agreement and the delegation of powers therein, the City proceeded to exercise such redevelopment powers by acquiring property for redevelopment purposes and causing the development of certain multi -family residential facilities, commercial developments, public improvements and various other improvements in the District in furtherance of the Plan; and WHEREAS, the real property comprising the subject parking lots was acquired pursuant to and during the aforementioned redevelopment process; and WHEREAS, pursuant to Resolution No. 87-1138, the City authorized the City Manager to enter into a five-year Use Agreement with the Department of Off -Street Parking for several parcels, including the subject land, for use as interim parking for the Miami Arena; and Whereas, the City, pursuant to Letter Agreements between the Department of Off -Street Parking and the City of Miami, has subsequently extended the aforementioned Use Agreement and 2- 9 r- 833 utilized revenue from the subject parking lots to assist in reducing the Gusman Center For The Performing Arts' operating accumulated deficits; and WHEREAS, it is the intent of the City Commission to make the most efficient use of its powers, resources, authority and capabilities as the CRA by utilizing all assets of the CRA in a manner presumed to most likely effectuate the purposes undergirding the initial acquisition of all CRA assets; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The City Manager is hereby directed to immediately identify all revenue currently received from the Department of Off -Street Parking for the leasing of Municipal Parking Lots 57, 58, 59, and 60, and take whatever steps are necessary to redirect said revenue, as well as any other CRA asset based revenue, former or current to the Southeast Overtown/Parkwest Community Redevelopment Agency. Section 3. The City Manager is hereby further directed to immediately prepare a full report and justification for the sale to MSEA of former CRA land under the Miami Arena, and return the proceeds of that sale to the CRA. 3- 33 Section 4. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 26th day of November 1997. XAVIER L. SUAREZ, MAYOR ATTEST: WALTER J. FOEMAN CITY CLERK PREPARED AND APPROVED BY: L'OLOJ t-� ILO ,,05L EDWARD MAXWELL VPP UTYCITY ATTORN ROVED AS TO FORM AND CORRECTNESS: A. q N S, III CIT ATT Y w2045.doc/JEM/mis In accordance with Miami Code Sec. 2-36, since the Mayor did not indicate approval of this legislation by signing it in the designated place provided, said legislation now becomes effective with the elapse of ten (10) days from the date of Commission action regrdi% out th yor exer ' ng veto. 'LTER O , CITY CLERK -4 97- 833