HomeMy WebLinkAboutR-85-0599J=03-S54
6/4/55
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15/23/85)
RESOLUTtoN
A RESOLUTION APPROVING THE DEMOLITION OF THE
EXISTING LIBRARY BUILDING IN BAYPRONT PARKt
PROVIDED HOWEVER, THAT THE DEMOLITION SHALL
NOT OCCUR UNTIL THE COMMISSION AGREES THAT
SUFFICIENT FUNDS EXIST TO COMPLETE THE
BAYFRONT PARK REDEVELOPMENT PROJECT, AND
FURTHER INSTRUCTING THE CITY MANAGER TO
INVESTIGATE CERTAIN FUNDING SOURCES IN THE
PRIORITIES SET FORTH HEREIN TO COVER ANY
SHORTFALLS WHICH MAY OCCUR DURING THE
REDEVELOPMENT PROJECT.
WHEREAS, the City Commission adopted Motion No. 50-753 which
provides for the removal of the Library building located in
Bayfront Park (hereinafter "Library Building"); and
WHEREAS, the City Commission adopted Resolution No. 82-740
which provides for the demolition of the Library Buildinq in the
event no acceptable relocation site and tenant were found; and
WHEREAS, the City Commission adopted Resolution No. 82-833
which established a committee to make recommendations for the
relocation of the Library Building and established a time limit of
18 months from July 29, 1982 to have the Library Building moved or
if no acceptable site or tenant was found, demolished; and
WHEREAS, the City Commission passed Motion No. 83-1130 which
stated that no consideration shall be given to the proposed
demolition of the library until such time as the private sector
which previously made a commitment to raise funds in connection
with the Bayfront Park Redevelopment Project had lived up to its
commitment to the City; and
WHEREAS, the private sector has demonstrated a willingness to
contribute funds to the Bayfront Park Redevelopment Project and is
presently engaged in a major fund-raisinq effort; and
WHEREAS, the City Commission has determined that the
demolition of the Library Building is desirable as part of the
Bayfront Park Redevelopment Project but does not wish said
CITY COMMISSION
MEETING OF
JUN 13 1985
RESOLUI10;r rioSS—S:
REMANKS.
demalition to occur until the c mmission agreea that §utticiettt
funds exist do complete the Bayfront Park Reda'V@16Pment Projects
e4f
and
W'HEREASt the Cit. C0ffM19aion has established ,
Y priorities for
v the City Manager to investigate in locatinq necessary funds to
t cover any shortfall that may occur during the redevelopment o
Bayfront Park as set forth in the herein resolution, -
NOW,, THEREFORE, 138 tT RESOt V80 Ry THE COMMISSION OP THS CITY
OP MIAMI:
Section 1.
The demolition of
the Library Building located
in Rayfront Park
is hereby approved,
provided, however, that the
demolition shall
not occur until the
City Commission agrees that
sufficient funds
exist to complete the
Rayfront Park Redevelopment
Project.
ti
Section 2.
The City Manager
is hereby instructed to
Y5
investigate the
following priorities in an effort to locate
additional funds
to cover any shortfall during redevelopment of
the Bayfront Park:
a) the monies to be raised- from private sector
sources, up to $2,000,000;
b) the Bond issue presently scheduled to be voted upon
at the August 13, 1985 special election - should it pass;
c) reduction of expenses that the City Manager can
submit to the Commission to reduce the cost of the Bayfront Park
Redevelopment Project to less than $21,000,000;
d) a plan that will utilize projected future sales tax
revenue from sales at Rayside Specialty Center for purposes of
borrowing monies aqainst those future sales tax revenue that would
liquidate the debt, the same way cities such as Tampa have done;
e) the usage, after 18 months, of whatever surpluses
are available from funds which were not used on the taking of the
F.E.C. property, other than to pay - if necessary - for legal
expenses incurred by the City in said taking; then, said remaining
funds would be put into a special fund accumulating interest and
after 18 months - should it be necessary - the City Commission
M2-
8S-S99
t#ejuld release these funds for usage in connection Stith the Park
and lnotlyt
f by the earmarking, beyond the Augus-t eleftinn and
the reductions, the usage Of COniffiunity DevelOPment Eunds-r AS
approved by the City Commi s-s- ion r for purposee of completing the
park.
PASSED AND ADOPTED this- -11th-, day Of 1985.
ATTEST: Maurice A•_.._Perre
7 r _ r MAURICE A. FERRET Mayor
City Clerk
PREPARED AND APPROVED BY:
G. MIRIAM MAER
Assistant City Attorney
LUCIA A. DOUG
City Attorney'
GMM/wpc/pb/B031
FORM AND CORRECTNESS:
--3-
Ct" OF MIAM1. FLOWDA
1NMR&OPPICE MEMORANDUM
17
to: Sergio Pereira DATE: May 31, 1955 PILE
City Manager
SUBJECT: Formalizing of M-SS-55$
FRO Lu is A. Dougherty mtrvtENcm Consent Agenda
City Attorney June 13, 1985
ENCLOSURES: Resolution
Attached herewith for the June 13, 1985, City Commission
meeting find a proposed Resolution formalizing Motion No. 85-558,
adopted on May 23, 1985, regarding demolition of the library
building at Bayfront Park.
LAD/RFC/bjr
Attachment