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..Title
AN ORDINANCE OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS, AMENDING
CHAPTER 62, ENTITLED "ZONING AND PLANNING," OF THE CODE OF THE CITY OF
MIAMI, FLORIDA, AS AMENDED, BY CREATING NEW ARTICLE I (X) ENTITLED "FEC
CORRIDOR IMPROVEMENT TRUST FUND," ADDING AN INTENT STATEMENT, PROVIDING
FOR ADMINISTRATION AND REGULATIONS, AND PROVIDING A FEE SCHEDULE FOR
TRUST FUND PAYMENTS FROM "FLOOR AREA RATIO (FAR) BONUS FEES;" CONTAINING
A REPEALER PROVISION AND A SEVERABILITY CLAUSE; AND PROVIDING FOR AN
EFFECTIVE DATE.
. Fiscal Impact
REQUEST: To Amend Chapter 62 of the Miami City Code
APPLICANT(S): Joe Arriola, Chief Administrator
FINDINGS:
PLANNING AND ZONING DEPARTMENT: Recommended approval.
PURPOSE: This will create a new Article 10 (X) entitled, "FEC Corridor Improvement Trust Fund".
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WHEREAS, the FEC Corridor was the subject of a redevelopment study initiated by the City of Miami
in January of 2000 in an effort to identify and facilitate redevelopment strategies within the FEC
Corridor as depicted on the map attached as "Exhibit A;" and
WHEREAS, in order to facilitate the study the City of Miami created the FEC Task Force ("FTF"),
composed of government officials, business leaders, community non -profits and members of the real
estate development community; and
WHEREAS, it was determined by the FTF that there existed a need for the development of a balanced
and integrated transportation system, a diverse and sustainable economy, increased housing
opportunities. and streetscapes throughout the FEC Corridor; and
ming strategies for the redevelopment of the public infrastructure of the FEC corridor, and
WHEREAS, the City Commission wishes to implement the "FEC Corridor Strategic Redevelopment
Plan" through a mechanism by which developers, through the payment of Floor Area Ratio (FAR) bonus
fees, may increase the allowable Floor Area Ratio (FAR) for properties located in the SD-27 District;
said FAR bonus fees shall be deposited into a trust fund, as specified, in order to provide a funding
source to implement the "FEC Corridor Strategic Redevelopment Plan," as appropriate;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI.
FLORIDA.
Section 1. The recitals and findings contained in the Preamble to this Ordinance are adopted by
reference and incorporated as if fully set forth in this Section
Section 2. New Article X of Chapter 62 of the Code of the City of Miami, Florida, entitled "FEC
Corridor Improvement Trust Fund," is created in the following particulars:
"CHAPTER 62"
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ZONING AND PLANNING
ARTICLE X.
FEC CORRIDOR IMPROVEMENT TRUST FUND
Sec. 62-262. Intent.
It is intended that a "FEC Corridor Improvement Trust Fund" be established in order for additional
funding to be made available for the development of an integrated transportation system, funding of
civic spaces, implementation of certain economic development plans, and the development of
streetscapes and increased housing opportunities within the FEC Corridor. Fees shall be paid into the
trust fund as specified. Expenditures from this trust fund shall require authorization by the City
Commission upon written recommendations from the directors of the departments of Planning and
Zoning, Economic Development, Public Works, and Capital Improvements ("C1P") and the Office of
Transportation.
Sec. 62-263. Established.
(a) There is established a trust fund to be entitled the "FEC Corridor Improvement Trust Fund", (the
"Trust Fund") to be maintained and administered by the City, into which funds shall be deposited and
from which funds shall be withdrawn pursuant to Section 62-264 to facilitate the creation and
implementation of programs to improve and develop an integrated public transportation system, current
economic levels, housing opportunities and streetscapes, through means which may include, but are not
limited to, the following activities by the City administration:
(1) Implementation of a program for the development of a premium and connected transit system
throughout the FEC Corridor, such as an electric/fuel cell trolley connecting the northern end of the FEC
Corridor to the downtown Miami area, and for roadway improvements (including, but not limited to,
remedying capacity and design issues of east -west connectors between Interstate 95 and Biscayne
Boulevard) which can be utilized to promote revitalization and economic development;
(2) implementation of a program providing for streetscape and public infrastructure improvement
(including. but not limited to, landscaping, repaving of streets and sidewalks, development of street end
pocket parks, bike paths, linear parks or trail systems. and planted medians) for those public rights -of -
way in those areas where there is a need for improved pedestrian access and connectivity between
neighborhoods and districts to the extent necessary as determined by the City Commission with due
consideration given to the recommendation of the directors of the departments of Planning and Zoning,
Economic Development, Public Works. and C1P and the Office of Transportation, coordination of the
implementation, shall be processed through the City Manager's Office.
(3) Perforni such other related activities as may be appropriate to carry out the intent of this article;
including but not limited to, maintenance of streetscapes. funding for operations of civic spaces within
the SD-27 District as may be deemed necessary by the City Manager.
(h) It is the intent of this article that prior to expenditures pursuant to the above listed items by the City
Commission, that due consideration is given to written recommendations from the City Manager. and
directors of the departments of Planning and Zoning. Economic Development. Public Works, and CIP
and the Office of Transportation
Sec. 62-264. Prerequisite.
As a prerequisite to the purchase of bonus FAR, the Developer must improve its property with superior
landscape and street furniture as described in the SD-27 Design Standards and as required by Class I1
Permit.
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Sec. 62-265. Funds made available: financial report.
(a) Funds deposited in the Trust Fund shall be made available to the City Manager for implementation
purposes as described in Section 62-263, for properties located within the FEC Corridor as depicted in
the FEC Corridor Map on file with the Planning and Zoning Department; all disbursals of Trust Fund
monies shall be made by the City Commission. after clue consideration is given to the written
recommendations of the City Manager and the directors of the departments of Planning and Zoning.
Economic Development, Public Works, and C1P and the Office of Transportation.
(b) A financial report on Trust Fund receipts and expenditures shall be prepared annually at the close of
the fiscal year by the City Manager or his designee and presented to the City Commission.
Sec. 62-266. Schedule of fees and charges.
The schedule of fees and charges to be assessed and paid into the trust fund is as follows:
Floor Area Ratio (FAR) bonus fees: developers wishing to obtain bonus FAR area for properties located
in the SD-27 District, shall pay a one-time, nonrefundable fee of S 12.40 per square foot of bonus Floor
Area Ratio (FAR) to the City of Miami FEC Corridor improvement Trust Fund as a prerequisite to
obtaining a building permit.
B.B.B
Section 3. All ordinances or parts of ordinances that are inconsistent or in conflict with the provisions of
this Ordinance are repealed.
Section 4. If any section, part of section, paragraph, clause, phrase or word of this Ordinance is declared
invalid, the remaining provisions of this Ordinance shall not be affected.
Section 5. This Ordinance shall become effective thirty (30) days after final reading and adoption.
APPROVED AS TO FORM AND CORRECTNESS:
JORGE L. FERNANDEZ
CITY ATTORNEY
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