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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 07-00179 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, AUTHORIZING THE TRANSFER OF DOWNTOWN MIAMI DEVELOPMENT OF REGIONAL IMPACT MASTER PLAN RECOVERY FEES, IN A TOTAL AMOUNT NOT TO EXCEED $615,000; ALLOCATING SAID FUNDS FROM FUND 10400, PROJECT NO. 127001, TO THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY, FOR THE PREPARATION OF REPORTS AND ANALYSIS NECESSARY FOR THE INCREMENT I AND II OF THE MASTER DEVELOPMENT ORDER AND TO PROCEED WITH THE DEVELOPMENT AND PREPARATION OF THE INCREMENT III PROGRAM, AS APPROVED BY THE CITY MANAGER. 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, It is necessary to prepare reports and analysis for compliance with Master Development Order R87-1148, Increment I Development Order R87-1149 and Increment II Development Order R02-1307; and WHEREAS, after careful consideration by both the DRI Committee of the DDA and the City, it has been concluded that preparation and development of the Increment III program should commence; and WHEREAS, Chapter 13 of the City Code provides for the payment of Master Planning costs from DRI Master Plan Recovery Fees; and WHEREAS, it is necessary to prepare reports, and analysis for the Increment I and II Development Orders and the development of the Increment III program is expected to cost an amount not to exceed $615,000; and WHEREAS, the Executive Director of the DDA authorized the preparation of said reports, and analysis and, the DDA Board authorized the Executive Director of the DDA to execute contracts with the selected consultants to commence work on the Increment III program as approved by the City Manager, subject to the availability of DRI Master Plan Recovery Fees and 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 said services; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, City of Miami Page 1 of 2 Primed On: 2/9/2007 File Number: 07-00179 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. Section 2. The transfer of DRI Master Plan Recovery Fees, in a total amount not to exceed $615,000, and the allocation of said funds from Fund 10400, Project No. 127001, to the DDA, is authorized, for the preparation of reports and analysis necessary for Increment I and 1I of the Master Development Order and to proceed with the development and preparation of the Increment III program, as approved by the City Manager. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1} APPROVED AS TO FORM AND CORRECTNESS N. JORGEE\L. FERNANDEZ CITY ATTORINEY 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. Cinv of Miami Page 2 of 2 Printed On: 2/9/2007