HomeMy WebLinkAboutR-86-09580
RESOLUTION NO.
A RESOLUTION OF INTENT TO ESTABLISH A COMMUNITY
REDEVELOPMENT DISTRICT AS PER A COMMUNITY
REDEVELOPMENT PLAN IN THE DUPONT PLAZA AREA IN ORDER
TO USE TAX INCREMENT FINANCING TO FUND TRANSPORTATION
AND OTHER IMPROVEMENTS THAT MILL SUPPORT ECONOMIC
DEVELOPMENT.
WHEREAS, Dupont Plaza and surrounding properties along Biscayne Bay and
the Miami River and the property containing the Centrust Tower and the Howard
Johnson Hotel are served by an inadequate road network that inhibits the
area's ability to support further growth and has a blighting influence on the
area; and
WHEREAS, entrance and exit ramps connecting I-95 to Biscayne Boulevard
have been identified in a number of transportation studies as critical to
downtown Miami's capacity to support high density development beyond the next
five to ten years; and
WHEREAS, the Dupont Plaza area contains considerable vacant or
underutilized properties that if developed could substantially increase the
City's tax base and because of their locations could contain land uses that
support further economic
development
and public access
to
the waterfront;
NOW, THEREFORE, BE
IT RESOLVED
BY THE COMMISSION
OF
THE CITY OF MIAMI,
FLORIDA:
Section 1. The Planning Department, the Department of Development and
the Downtown Development Authority are hereby instructed to prepare a
community redevelopment plan for the Dupont Plaza area as per Chapter 163.
a
Florida Statutes; said plan addressing the blighting influence of inadequate
streets and traffic congestion and addressing economic development stimuli. t
Section 2. It is the intent of the Commission to request Dade County to a
establish a tax increment financing district in the Dupont Plaza Area in order
to assist in funding public improvements in the area necessary to remove
blight.
PASSED AND ADOPTED this day of 1986.
{
CITY COtQrT
IdEETING OF " `�°
Nov 25._am.
i 4
ArrE
NATTY H KA19 CITY CLERK
PREPARED AND APPROVED BY:
I W.4 ;f.
MUM I* GLMK
CHIEF DEPUTY CITY ATTORNEY
APPROVEDAh TO FORM AND CORRECTNESS:
CITY ATTORNEY
2
Cffy OF MIAMI, n41111DA
INIMP.OFFICK MEMORANDUM 13
ro; Honorable Mayor and Members DATL. NOV
of the City Commission SUIUtCT: Dupont Plaza Tax Increment
District Proposal
FROM. 1WEIVENCICS!
Cesar H. Odio :NCLASURZI:
City Manager
A discussion item concerning the Dupont Plaza area has been listed on the
November 25, 1986. Comission Agenda. The purpose is to seek official policy
direction from the Comission concerning the desirability of establishing a tax
increment district in this area.
CHO/SR
A.
A