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HomeMy WebLinkAboutM-81-0145ORDINANCE N0. AN ORDINANCE AMENDING SECTIONS 53-86, 53-87, 53-88, 53-89, 53-90, 53-93 AND 53-94 OF THE CODE OF THE CITY OF MIAMI, FLORIDA (1980), AS AMENDED, WHICH ESTABLISHED DOCKAGE RATES AT DINNER KEY MARINA AND ANNEX, MIAMARINA, AND THE WATSON ISLAND MARINA, BY REPEALING SAID SECTIONS IN THEIR ENTIRETY AND SUBSTI- TUTING THEREFOR A NEW SECTIO`: AI'THORIZING THE CITY MANAGER TO ANNUALLY ESTABLISH AND ASSESS NEW DOCKAGE RATES UPON CONSTDERATION OF DESIG- NATED CRITERIA; ESTABLISHING AND ASSESSING NEW DOCKAGE RATES PURSUANT TO EXHIBIT A ATTACHED HERETO; CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. — BE IT ORDAINED BY THE COMMISSION OF THE CITY OF XIAMIi - FLORIDA: Section 1. Sections 53-86, 53-81, 53-88, 53-89, 53-904 53-93 and 53-94 of the Code of the City of Miami, Florida - (1980), as amended are hereby further amended by repealing the said sections in their entirety and substituting therefor the following. "Sec. 53,-86. , 'Dockage rates. ih docltage rates'at ml_� d'&ty marinas shall be establ sji'ed annually v� the city manager prior to the first day of �ept6mber and assessed effective i the Lrst day of Oct�:ber upon consideration of the following criterie: (a) Bond debt}service requirements of no less than one hundred and fifty percent (150%) coverage. (b) Return on proposed or previously completed, nonbonded, capital improvements, as approved by the city commission. (c) Operating expenses, as approved by the city commission. (d) Management fees of engaged in providing any private management firm CITY COtAMISSION I tiE-ETING OF FEB261981 DRDNtANCE NO..,,...1�...y..•• ist READ�ING�.� v ••• tad FLAI)ING........................�