HomeMy WebLinkAboutpre resolutionCity of Miami
Legislation
Resolution: R-04-0288
City Hall
3500 Pan American
Drive
Miami, FL 3313:
www.ci.miami.fl.u�
File Dumber: 04-O03N4
Final Aelu n 1).-11e:4)29/2004
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S).
AUTHORIZING THE CITY MANAGER TO EXECUTE AN INTER -LOCAL
AGREEMENT ("AGREEMENT"), IN SUBSTANTIALLY THE ATTACHED FORM
IDENTIFIED AS "EXHIBIT A," WITH MIAMI-DADE COUNTY, FLORIDA, ("
COUNTY") A POLITICAL SUBDIVISION OF THE STATE OF FLORIDA, AND
THE MIDTOWN MIAMI COMMUNITY DEVELOPMENT DISTRICT
("DISTRICT"), A LOCAL UNIT OF SPECIAL PURPOSE GOVERNMENT.
BOUNDARIES OF WHICH ARE IDENTIFIED IN "EXHIBIT B," ATTACHED AND
INCORPORATED: FURTHER AUTHORIZING THE CITY MANAGER TO
PREPARE A "FINDING OF NECESSITY STUDY" FOR THE DISTRICT.
PURSUANT TO REOUIREMENTS OF CHAPTER 163. FLORIDA STATUTES
FOR THE CREATION OF A COMMUNITY REDEVELOPMENT AGENCY.
WHEREAS, On November, 13. 2003, the Miami City ("City") Commission adopted Resolution
No. 03-1135 supporting the petition submitted by Biscayne Development Partners, LLC to the
Miami -Dade County ("County") Commission for the creation of the Midtown Miami Community
Development District ("District"); and
WHEREAS. the District was created by the County pursuant to Ordinance No. 03-271.adopteci
by the Board of County Commissioners on December 16, 2003. for the purpose of delivering
certain community development services and facilities within and outside the boundaries of the
District: and
WHEREAS. the District has decided to undertake the construction of certain roadways (within
and outside the boundaries of the District). water and sewer facilities. a storm -water management
system, streetscape and landscape, and parking garages as described in the Interlocal-
Agreement ("Agreement"): and
WHEREAS, it is the purpose and intent of this Agreement to permit and authorize the City, the
County and the District to make the most efficient use of their respective powers, resources,
authority and capabilities by enabling them to cooperate on the basis of mutual advantage and to
achieve the results provided for in this Agreement pursuant to Section 163.01, Florida Statutes.
known as the Florida Interlocal Cooperation Act of 1969 ("Cooperation Act"): and
WHEREAS, Section 163.01(5)(f) of the Cooperation Act provides that an Agreement may
contain a method or formula for equitably providing for and allocating and financing capital and
operating costs for capital projects and for the payment of debt service, including establishment of
reserves on bonds, on the basis of the amount of benefits received or conferred by each
participating government; and
WHEREAS, the Development is expected to stimulate economic development and growth
City oj',41iruni Prr,e 1 of
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within the City and the County benefiting their citizens and to generate significant revenues for the
City and the County, including without limitation, increased ad valorem tax revenue, sales tax
revenue, gas tax revenue, tourist or convention development tax revenue and other fees and
charges related to the Development; and
WHEREAS, in light of these anticipated significant material and fiscal benefits 10 be received
and enjoyed by the City and the County and their respective residents as a result of the
development, and in consideration for the performance by the District of its obligations describe°
in the Agreement, it is fitting for the City and the County to participate in the development of the
Project, by equitably apportioning the burden of the costs of the Project through the use of
Economic Incentive Payments, as described in the Agreement; and
WHEREAS. in the City's desire to revitalize the area, the City Manager is authorized to prepare
a Finding of Necessity Study pursuant 10 requirements of Chapter 163, Florida Statutes for the
creation of a Community Redevelopment Area; and
WHEREAS, in the event that the Community Redevelopment District is established, the City
and the County shall cause the Community Redevelopment Agency to contribute Tax Increment,
Revenues to the District, and the City and the County shall reduce the amount of Economic
Incentive Payments to be paid to the District in proportion 10 the amount of Tax Increment
Revenues paid to the District and may. under certain circumstances, terminate their obligations to
pay Economic Incentive Payments entirely. all in accordance with Article III of the Agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI.
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted
by reference and incorporated as if fully set forth in this Section.
Section 2. The City Manager is authorized{1} to execute an Interlocal Agreement. in
substantially the attached form, identified as "Exhibit A," with the County. a political subdivision of
the State of Florida and the District, a local unit of special purpose government, boundaries of
which are identified in "Exhibit B," attached and incorporated, for the purposes described therein.
Section 3. The City Manager is further authorized{1} to prepare a Finding of Necessity Study
pursuant to requirements of Chapter 163, Florida Statutes for the creation of a Community
Redevelopment Area.
Section 4. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor.{2}
Footnotes:
City of/Ilium/
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{1) The herein authorization is further subject to compliance with all requirements that may be
imposed by the City Attorney, including but not limited to those prescribed by applicable City
Charter and Code provisions
{2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar
days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall
become effective immediately upon override of the veto by the City Commission.
Ciiy o1 Miami
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