HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: 0 7 -
Date: 12/5/2007
Commission Meeting Date: 12/13/2007
Requesting Department: Manager
District Impacted: City Wide
PH.12
Type: ®Resolution n Ordinance ❑ Emergency Ordinance n Discussion Item
Li Other
Subject: Development Agreement with Flagler Parimutuel
Purpose of Item:
The proposed Development Agreement contemplates the development/redevelopment of a parimutuel
facility, with associated gaming, and other permitted commercial uses, building intensities and heights
in accordance with the City of Miami C-2 zoning district regulations, which are a floor area ratio of
1.72 times the gross lot area and a height of one hundred twenty (120) feet or ten (10) stories,
whichever is less, except as otherwise provided by law.
Background Information:
The purpose of this agreement is for the City to be able to control the development rights for the
above property, as well as establish existing zoning districts, annual income to the City for the next 20
years and have an employment policy in place that will give a hiring preference to residents of the
City of Miami.
Budget Impact Analysis
YES Is this item related to revenue?•
NO Is this ite., an expenditrt...e? xf please, hien ifs, funr!Ing rou ce
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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:capira 'funds
Grants
Risk Management
Purchasing / Dept. Director
Chief City Manages-
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