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HomeMy WebLinkAboutFR/SR Summary FormAGENDA ITEM SUMMARY FORM FILED): /0 — 0/.37 Date: 12/1/2010 Commission Meeting Date: 12/16/2010 Law Department Matter ID No. Requesting Department: City Manager s Office District Impacted: Citywide Type: ❑ Resolution Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Ordinance Granting an Ad -Valorem Tax Exemption for DDR Miami Ave, LLC Purpose of Item: It is recommended that the City Commission approve the attached ordinance granting an Enterprise Zone Ad Valorem Tax Exemption to DDR Miami Ave, LLC (`DDR") an eligible business, pursuant to the provision of Section 196.1995, Florida Statutes, and City of Miami Ordinance 12308. Background Information: See Supporting Memorandum Budget Impact Analysis YES 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: $0.00 Final Approva CIP Budge If using or receiving ®pital funds Grants Risk Ma'fiagement Purchasing Dept. Director Chief City Manager Page 1 of 1