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HomeMy WebLinkAboutR-05-0345City of Miami Legislation Resolution: R-05-0345 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 05-00366 Final Action Date: 5/26/2005 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT, IN SUBSTANTIALLY THE ATTACHED FORM, TO THE INTERLOCAL AGREEMENT AMONG THE CITY OF MIAMI, MIAMI-DADE COUNTY, AND THE MIDTOWN COMMUNITY DEVELOPMENT DISTRICT TO ADD THE MIDTOWN MIAMI COMMUNITY REDEVELOPMENT AGENCY AS A PARTY TO THE AGREEMENT. WHEREAS, the City of Miami ("City"), Miami -Dade County ("County"), and the Midtown Miami Community Development District ("CDD") entered into an Interlocal Agreement dated May 28, 2004 ("Interlocal Agreement"); and WHEREAS, pursuant to Section 3.2 of the Interlocal Agreement, the City and the County agreed to contribute Economic Incentive Payments to the CDD to pay the debt service obligations on certain Parking Garage Bonds issued by the CDD; and WHEREAS, pursuant to Resolution No. R-05-0194, adopted March 24, 2005, the City created the Midtown Community Redevelopment Agency ("CRA"); and WHEREAS, pursuant to Section 3.4 of the Interlocal Agreement, the City, the County, and the CDD may amend the Interlocal Agreement to release the City's and the County's obligation to contribute Economic Incentive Payments to the CDD if, among other things, the CRA becomes a party to the Interlocal Agreement; and WHEREAS, the City desires to amend the Interlocal Agreement to make the CRA a party; 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 amendment, in substantially the attached form, to the Interlocal Agreement, among the City of Miami, Miami -Dade County, and the Midtown Miami Community Development District to add the Midtown Community Redevelopment Agency as a party to the agreement. City of Miami Page 1 of 2 File Id: 05-00366 (Version: 11 Printed On: 11/15/2016 File Number: 05-00366 Enactment Number: R-05-0345 Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} Footnotes: {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. City of Miami Page 2 of 2 File Id: 05-00366 (Version: 11 Printed On: 11/15/2016