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HomeMy WebLinkAboutcover memo -1Second Reading Ordinance CITY OF MIAMI CITY ATTORNEY'S OFFICE MEM S • NDUM TO: Mayor and Members of FROM: Alejandro Vilarello DATE: October 1, 2003 Commission SR.4 RE: City Commissi s. Meeting - October 9, 2003 Proposed Fir ' eading Ordinance to amend City Code related to the Coconut Grove Parking Improvement Trust Fund The attached proposed first reading ordinance, prepared at the request of the Coconut Grove Parking Advisory Committee ("Committee"), is submitted for your consideration to amend Section 35-224 of the City Code to: (1) reduce from $600.00 to $540,00 the cost of a base parking space waiver, (2) reduce the purchase price per parking space waiver for a fee in lieu of providing required off-street parking from $6,000.00 to $5,400.00, and (3) increase the amortization period from six (6) years to ten (10) years for payment of such permanent parking space waivers. The reductions are recommended by the Committee and the Department of Off -Street Parking to assist Coconut Grove merchants during this time of economic need. This ordinance has been transmitted to the Agenda Coordinator for placement on the October 9, 2003 City Commission Agenda. W925:EIJ:rcl:BSS Attachment c: Joe Arriola, City Manager Elvi G. Alonso, Agenda Coordinator