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HomeMy WebLinkAboutR-05-0278City of Miami Legislation Resolution: R-05-0278 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 05-00356 Final Action Date: 4/28/2005 A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE TRANSFER OF THE DOWNTOWN MIAMI DEVELOPMENT OF REGIONAL IMPACT ("DRI) MASTER PLAN RECOVERY FEES, IN A TOTAL AMOUNT NOT TO EXCEED $1.6 MILLION, OF WHICH APPROXIMATELY $908,000, HAVE ALREADY BEEN COLLECTED; ALLOCATING SAID FUNDS, TO THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY ("DDA") TO PAY FOR COSTS RELATED TO UPDATING THE DOWNTOWN MIAMI MASTER PLAN, AS APPROVED BY THE CITY MANAGER, FROM ACCOUNT NO. 127001. WHEREAS, the City of Miami ("City"), pursuant to Chapter 14 of the Code of the City of Miami, Florida, as amended ("City Code"), authorized the Miami Downtown Development Authority ("DDA") to provide planning for the economic development and revitalization of Downtown Miami; and WHEREAS, the DDA is the Applicant for the Downtown Miami Development of Regional Impact ("DRI"); and WHEREAS, the current Downtown Miami Master Plan ("Master Plan") was developed in 1986, and the DRI requires an update to the Master Plan; and WHEREAS, the update of the Master Plan is estimated to cost $1.6 million; and WHEREAS, Chapter 13 of the City Code provides for the payment of Master Plan costs from DRI Master Plan Recovery fees; and WHEREAS, the City has collected approximately $908,000, from DRI Master Plan Recovery Fees, which may be applied to pay DDA's costs of updating the Master Plan, as approved by the City Manager; and WHEREAS, the DDA has procured the services necessary to conduct the update of the Master Plan; and WHEREAS, pursuant to DDA Resolution No. 21/2005, the DDA Board authorized the Executive Director of the DDA to execute contracts with the selected consultants to perform Master Plan services, subject to the City's commitment to reimburse DDA for the cost of such services; and WHEREAS, it is in the best interest of the City to transfer to DDA, DRI Master Plan Recovery fees, to pay for the services necessary to update the Master Plan as approved by the City Manager; NOW THEREFORE, BE IT RESOLVED BY THE COMMISSION OF CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings set forth in the preamble of this Resolution are adopted by reference and incorporated as if fully set forth in this Section. City of Miami Page 1 of 2 File Id: 05-00356 (Version: 1) Printed On: 11/9/2016 File Number: 05-00356 Enactment Number: R-05-0278 Section 2. The transfer of the DRI Master Plan Recovery Fees, in a total amount not to exceed $1.6 million, of which approximately $908,000, have already been collected and the allocation of said funds to the DDA to pay for costs related to updating the Downtown Miami Master Plan, as approved by the City Manager, is authorized, with said funds allocated from Account No. 127001. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1} Footnotes: {1} 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. City of Miami Page 2 of 2 File Id: 05-00356 (Version: 1) Printed On: 11/9/2016