HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID:
Date: 3/21/08
Commission Meeting Date: 4/10/2008
Type: Z Resolution ❑ Ordinance 1
Other
PH.4
Requesting Department: Public Facilities /Asset Mgmt
District Impacted: 2
Emergency Ordinance ❑ Discussion Item
Subject: Resolution accepting certain deed modification to Deed No. 18730A from the Board of Trustees of
the Internal Improvement Trust Fund ("Trustees")
Purpose of Item:
A Resolution of the Miami City Commission, with attachment(s), authorizing the City Manager to accept from
the Board of Trustees of the Internal Improvement Trust Fund ("Trustees"): (1) a modification of Deed No.
18730-A, in substantially the form attached hereto as Exhibit "A", to specifically allow for open to the public
"first come, first served" facilities run by private entities, the City of Miami, and/or other governmental entities,
in addition to the currently permitted use of "harbors and airport constructions and development"; and (2) an
acknowledgment that no fees are due to the State for leases or agreements, or extensions thereto, which are in
compliance with the deed restriction as modified herein; authorizing the allocation of up to 15% of revenues
received by the City from any new leases with private entities operating within the deed restricted area for the
purpose of funding maintenance and improvements of waterfront properties; further authorizing the City Manager
to execute any additional document(s), in a form acceptable to the City Attorney, as deemed necessary to
accomplish the above.
Background Information:
See attached
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 /11 a Budget ,
If using or receiving capital funds
Grants Risk Management I A -
Purchasing N;1 Dept. Directo )
.-'r"),. ,- City Manager
Paze 1 of 2
Subject: Resolution accepting certain deed modification to Deed No. 18730A from the Board of Trustees of the
Internal Improvement Trust Fund ("Trustees")
Background Information:
The City received title to certain lands from the Board of Trustees of the Internal Improvement Trust Fund
("Trustees") pursuant to Deed No. 18730 which deed was subsequently modified by Deed No. 18730-A. The
current deed restriction is that the property be used for "harbors and airport constructions and development."
There is an existing lease for an FAA antenna on the property; however, there are no further plans for harbors or
airports in that vicinity. The City is currently working on a master plan for Virginia Key, but there is currently no
market for the harbor and airport development. Therefore, the City requests that the restrictions in Deed 18730-A
be modified to permit "first come, first served" facilities operated by private entities, the City of Miami, and/or
other governmental entities.
In consideration of this deed modification, we are recommending the City proffer the allocation of up to 15% of
revenues received by the City on any new leases with private entities operating within the deed restricted area for
the purpose of funding maintenance and improvements of waterfront properties.
A draft copy of the Trustee's agenda item is attached hereto for reference which agenda item provides further
details regarding the findings and recommendations related to this matter.
Paee 2 of 2