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HomeMy WebLinkAboutCC Legislation (Version 4)ity of MIi. Legislation Resolution City Hal! 3500 Pan American Drive Miami, FL 33133 www,miatnigov.cam File Number: 08-9iO15da Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING A DEVELOPMENT AGREEMENT, PURSUANT TO CHAPTER 163, FLORIDA STATUTES, BETWEEN MIAMI WORLDCENTER GROUP, LLC, AND AFFILIATED PARTIES, AND THE CITY OF MIAMI, RELATING TO THE PROPOSED DEVELOPMENT OF A PROJECT KNOWN AS "THE MIAMI WORLDCENTER" ON APPROXIMATELY ± 25 ACRES, ZONED SD-16.3, "MIAMI WORLDCENTER SPECIAL DISTRICT," LOCATED BETWEEN NORTHEAST 6TH STREET AND NORTHEAST 11TH STREET AND BETWEEN NORTH MIAMI AVENUE AND NORTHEAST 2ND AVENUE, MIAMI, FLORIDA, FOR THE PURPOSE OF REDEVELOPMENT OF SUCH LAND FOR MIXED USES; APPLICABLE ONLY TO PROPERTY OWNED BY MIAMI WORLDCENTER GROUP, LLC, AND AFFILIATED PARTIES; AUTHORIZING THE FOLLOWING USES: RESIDENTIAL, OFFICE, HOTEL, RETAIL, CONVENTION SPACE, ACADEMIC SPACE AND ANY OTHER USES PERMITTED BY THE SD-16.3 ZONING DISTRICT REGULATIONS; AUTHORIZING A DENSITY OF APPROXIMATELY 300 UNITS PER ACRE; AUTHORIZING AN INTENSITY MEASURED BY A BASE FLOOR AREA RATIO OF APPROXIMATELY 4.32, PLUS ANY APPLICABLE BONUSES PROVIDED IN THE SD-16.3 ZONING DISTRICT REGULATIONS; AUTHORIZING UNLIMITED HEIGHT AS PERMITTED BY THE SD-16.3 ZONING DISTRICT REGULATIONS; AUTHORIZING THE CITY ........... MANAGER TO EXECUTE THE DEVELOPDEVELOPIVIENT AGREEMENT, SUBSTANTIALLY THE ATTACHED FORM, FOR SAID PURPOSE. WHEREAS, Miami Worldcenter Group, LLC, and affiliated parties (collectively "MWC') are the owners of certain real property in the City of Miami ("City") consisting of approximately ±25 acres, zoned SD-16,3 and located between Northeast 6th Street and Northeast 1 lth Street and between North Miami Avenue and Northeast 2nd Avenue in the City of Miami, Florida; and WHEREAS, MWC has requested approval of a Development Agreement ("Agreement"), pursuant to Chapter 163 of the Florida Statutes to provide that Miami Worldcenter Group, LLC may develop its approximately ±25 acres of land, according to the SD-16.3 district regulations in effect as of the effective date of the Agreement during the term of the Agreement; and WHEREAS, the City Commission has reviewed the proposed Development Agreement and has considered the testimony of all interested parties at the public hearing, the intended use of the land as described in the Development Agreement and has considered the health, safety and welfare of the citizens of the City; NOW, THEREFORE, BE IT RESOLVED, BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by City of Miami Page 1 of 2 Printed On: 10/31/2008 File Number 08-01015de reference and incorporated as if fully set forth in this Section. Section 2, The Agreement, pursuant to Chapter 163 of the Florida Statutes, between MWC and the City, relating to the development of the application of approximately ±25 acres, zoned SD-16.3 located in the City of Miami, Florida, for the purpose of redevelopment of such land for a mix of permitted uses, is approved. Section 3. The Agreement is applicable only to property owned by MWC, and affiliated parties with the following uses being authorized: residential, office, hotel, retail, convention space, academic space and any other uses permitted by the SD-16.3 Zoning District regulations. Section 4. A density of approximately 300 units per acre, an intensity measured by a base floor area ratio of approximately 4.32, plus any applicable bonuses provided in the SD-16.3 Zoning District regulations, and unlimited height as permitted by the SD-16.3 Zoning District Regulations, is authorized. Section 5. The City Manager is authorized11) to execute the Agreement, in substantially the attached form, for said purpose. Section 6. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} APPROVED AS TO FORM AND CORRECTNESS: JULIE O. BRU CITY ATTORNEY Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} 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. City of Miami Page 2 of 2 Printed On: 10/31/2008