HomeMy WebLinkAboutsummary formAGENDA ITEM SUMMARY FORM
FILE ID: 05— 00 8t
Date: 3/07/2005 Requesting Department: ED
Commission Meeting Date: 3/24/2005 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject:
Purpose of Item:
It is recommended that the Miami City Commission approve a resolution adopting the findings of
Miami Dade County that a blighted or slum area exists in the Mid -town Miami Redevelopment Area;
that the rebuilding, rehabilitation, conservation and redevelopment of the area is in the interest of the
public health, safety, morals and welfare of the residents of the City of Miami, Florida and that there
is a need for a community redevelopment agency to carry out the redevelopment purposes provided in
Florida's Community Redevelopment Act of 1969. This resolution further accepts Miami -Dade
County's delegation of authority to create a community redevelopment agency, creates the Mid -town
Miami Community Redevelopment Agency (Mid -town CRA) and declares the City Commission to be
the Mid -town CRA separate, distinct and independent from the City Commission.
Background Information:
--
On April 29, 2004 the City Commission adopted Resolution No. R-04-0288 authorizing the City
Manager to prepare a "Finding of Necessity Study" pursuant to the requirements of Chapter 163,
Florida Statutes for the creation of a Community Redevelopment District and authorizing the City
Manager to execute an Interlocal Agreement with Miami Dade County and the Mid -town Miami
Community Development District (CDD) to participate in the development of the Mid -town Miami
project by equitably sharing in the costs of public infrastructure. Pursuant to the Interlocal Agreement,
the City and the County agreed to create a Community Redevelopment Agency by June 30, 2005 that
would contribute Tax Increment Revenues to the CDD. Subject to certain conditions outlined in the
Interlocal Agreement, the City and the County would then be released from contributing Economic
Incentive Payments. On March 1, 2005 the County Commission adopted Resolution R-213-05,
approving the "Finding of Necessity Study" and further declaring the Mid -Town Miami
Redevelopment Area to be a slum or blighted area as defined in Section 163.340, Florida Statutes,
Part III, of Chapter 163; further authorizing the City of Miami Commission to create the Mid -town
Miami Community Redevelopment Agency and to adopt a plan of redevelopment.
Budget Impact Analysis
NO Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Paee 1 of 2
Final Approvals
(SIGN AND DATE)
CIP N/A Budget N/A
If using or receiving capital funds
Grants N/A Risk Manage
Purchasing N/A Dept. Directo
Chie City Manager
Pase 2 of 2