HomeMy WebLinkAboutSummary FormDate: 11 / 14/2006
AGENDA ITEM SUMMARY FORM
FILE ID: 06-- 0 a� b�
Requesting Department: Economic Development.
Commission Meeting Date: 12/14/2006 District Impacted: 1
Type: ® Resolution n Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Resolution to execute the Remediation Agreement between the City of Miami and The Related
Group of Florida ("Related"), per the Department of Environmental Resource Management's (DERM)
requirements to receive a Conditional Closure / No Further Action Letter for the Civic Towers site
located at 1855 NW 15th Avenue).
Purpose of Item:
To request approval of the attached resolution, to execute the Remediation Agreement between the
City of Miami and Related, per the DERM's requirements to receive a Conditional Closure / No
Further Action Letter for the Civic Towers site (located at 1855 NW 15th Avenue).
Background Information:
The Department of Economic Development recently completed environmental remediation activities
at Civic Towers, an apartment building owned by Related located at 1855 NW 15th Avenue with the
goal of obtaining a No Further Action Letter / Conditional Closure for the property from the DERM.
A condition to the issuance of the No Further Action letter is the execution by Related of a Covenant
Running with the Land which restricts future use of the property. Related has agreed to execute the
Covenant, provided the City agrees to take additional remediation actions if, in the future, the owner
of the property wishes to change its use, and the change in use requires additional remediation to
maintain DERM's approval. The City Commission approval of the Remediation Agreement attached
to the resolution will allow the last requirement to DERM's approval for Conditional Closure to be
satisfied. This successful remediation represents a significant environmental success story for the
City, as the property now meets DERM's cleanup standards and safeguards are currently in place to
protect the life, health and welfare of the residents.
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:
Final Approvals (SIGN AND DATE)
CIP Budget
If using or receiving capital funds
Grants
Risk Management
Purchasin r Dept. Director
Chief 1 ! 121J 0� City Manager
Page 1 of 1