HomeMy WebLinkAboutR-78-0536RFC/bbb
7/28/78
RESOLUTION NO. 7 R ` 6
A RESOLUTION DECLARING THE INTENT OF THE CITY
COMMISSION THAT PART OF THE SOUTHERN BELL
FRANCHISE FEES FROM THE FIRST ONE PERCENT (1%)
BE USED FOR THE DIRECT REDUCTION OF AD VALOREM
PROPERTY TAXES WITHIN THE CITY OF MIAMI; AND
THE FURTHER INTENT OF THE CITY COMMISSION THAT
ALL SOUTHERN BELL FRANCHISE FEES IN EXCESS OF
ONE PERCENT (1%) BE USED FOR THE PURPOSE OF
PROVIDING FINANCIAL BACKING OF PUBLIC CONSTRUCTION
REVENUE BOND ISSUES, AND FOR PROJECT FEASIBILITY
STUDIES, INCLUDING NEIGHBORHOOD COMMERCIAL
REDEVELOPMENT BUSINESSES AND MINORITY PARTICIPA-
TION IN CERTAIN AREAS OF ECONOMIC STRESS IN
THE CITY, AND THE IMPROVEMENT OF SPORTS FACILI-
TIES WITHIN THE CITY AND VARIOUS PARKING GARAGES
AS NEEDED THROUGHOUT THE CITY.
WHEREAS, the City of Miami and the Southern Bell Tele-
phone Company have reached an agreement on a telephone franchise
that grants to the Telephone Company the right to place its
lines and other facilities in the public rights of way; and
WHEREAS, that franc jse agreement provides for a portion
of the revenue derived from the issuance of that right to be used
for public construction projects; and
WHEREAS, the City Commission wishes to identify certain
projects as examples that can be accomplished by the telephone
franchise fees for needed public construction projects that will
benefit the citizens of the City of Miami;
lurt0�VIYJtilSr1�T 17A,MEX
NOW, THEREFORE, BE IT RESOLVED BY THE COSSION
OF THE CITY OF MIAMI, FLORIDA:
Section 1. It is the intent of the City Commission that
a portion of the funds from the first one percent (1%)
of the Southern Bell franchise fee that is received subsequent
to approval by the Miami electorate, be used for the direct
reduction of ad valorem property taxes within the eiII,y_s.f.Mian1i._
CITY COMMISSION I
MEETING OF
J U L 2 31979
ouRaM so 7 8 - 5
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Sedtion 2, it is the intent of the City Commission
that funds from the Southern Bell franchise fee in excess of
bile percent (1%) that are received subsequent to approval by
the Miami electorate, be used to provide financial backing for'
revenue bond issues and necessary feasibility studies for
projects which will include the following:
(1) Neighborhood commercial redevelopment businesses
for minority participation .in areas of economic
stress in the Culmer-Overtown area;
2) Little Havana Specialty Center located at
Flagler Street south of the Miami River;
Coconut Grove Parking Garage;
4) Improvement of sport facilities, such as the
Miami Stadium;
Various parking garages as needed throughout the
the City, such as the City of Miami/ University
of Miami/James L. Knight International Center
parking garage.
Section 3. The City Manager is hereby authorized to inform
the voters of the City of Miami of the basic issues that pertain to
the citizens of the City of Miami, including the benefit that can
be derived as a result of achieving a valid franchise agreement
with Southern Bell Telephone Company.
PASSED AND ADOPTED this 28th day of July , 1978.
Maurice A. Ferre
MAURICE A. FERRE, MAYOR
c'571
LPH G. ONGIE, CITY CLE
PREPARED AND APPROVED BY:
ROBERT F CLARK, ASSISTANT CITY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
GEORGE F. KNOX, JR., CITY ATTORNEY
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78'- J36