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PZ.17
SECOND READING
PLANNING FACT SHEET
Planning Zoning Department
November 25, 2003
Amendment to Chapter 62 of the Miami City Code
N/A.
An ordinance of the Miami City Commission amending
Chapter 62, "Zoning And Planning" of the Code of the
City of Miami, Florida, as amended, by creating a new
article entitled "FEC Corridor improvement Trust Fund";
adding an intent statement and providing for
administration and regulations; and by providing a fee
schedule for trust fund payments from "Floor Area Ratio
(Far) Bonus Fees".
Approval.
This ordinance will allow for provide for an FEC Corridor
Improvement Trust Fund for FAR Bonus payments to be
deposited into; and from which the City Commission may
draw to provide for an enhanced level of improvements in
the FEC Corridor, including transportation projects.
Passed First Reading on November 25, 2003.
CITY OF MIAMI • PLANNING AND ZONING DEPARTMENT
444 SW 2ND AVENUE, 3R° FLOOR • MIAMI, FLORIDA, 33130 PHONE (305) 416-1400
Date: 12/8/2003 Page 1