HomeMy WebLinkAboutSummary FormDate: 7/25/2005
AGENDA ITEM SUMMARY FORM
FILE ID: 0 5- 00 891
Requesting Department: Economic Development
Commission Meeting Date: 9/8/2005 District Impacted: 1
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance [l Discussion Item
❑ Other
Subject: Resolution authorizing execution of restrictive covenant for the Ichimura Miami -Japan Garden.,
currently a City of Miami public park, to remain a public park in perpetuity
Purpose of Item:
Authorizing execution of a restrictive covenant for the Ichimura Miami -Japan Garden, currently a
City of Miami public park on Watson Island, to remain a public outdoor recreation site in perpetuity.
The covenant is required by a project funding source, the Florida Department of Environmental
Protection's ("DEP") Recreational Development Assistance Program ("FRDAP") and further contains
penalties for use of the land in a manner inconsistent with an outdoor recreation area for use by the
general public.
Background Information:
On October 10, 2001 the City applied for a FRDAP grant for the construction of an interpretive trail at
the Ichimura Miami -Japan garden. An award letter from DEP dated June 24, 2002 granted the City
$200,000 for the project. Resolution 02-961 adopted September 1, 2002 authorized execution of the
agreement with DEP. Said agreement provided a requirement that the property being improved be
dedicated in perpetuity, as an outdoor recreation site which dedication must be recorded in the public
property records, The project has now been completed and it is appropriate to record the attached
covenant providing for such dedication. In the event the City converts any part of the project area to a
use other than a DEP approved use, the City must replace the area at the City's expense with a DEP
approved project. In lieu of replacement, DEP may require the City to repay all grant funds plus 2%
interest if the limitation of use is not maintained.
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:
CIP
Grants
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Purchasi N/A Dept. Director a_
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•
Final Approvals
(SIGN AND DATE)
N/A Budget
N/A