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HomeMy WebLinkAbout04-00892 DiscussionCity of Miami Legislation CRA Discussion City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 04-00892 Final Action Date: 7/26/2004 Chairman Teele stated his intent to propose to the City Commission, at its meeting scheduled for Thursday, July 29, 2004, a City Bond Issue in the amount of $100,000,000, provided that there are no increases in taxes and that the dollars that would pay the bond back come from Coconut Grove, to include $20,000,000 for Camillus House, with Camillus House to revert $12,000,000 back to the City, over time, for quality of life issues in each of the five districts plus one citywide ($2,000,000 per District and $2,000,000 City-wide). Chairman Teele further suggested that the City should enter into an agreement with the Performing Arts Center to sponsor one of the four venues which would operate as a City venue but be under the same structure as the Performing Arst Center, and further, that if this cannot be done through a bond issue, then perhaps it can be done through the CRA. [Enter body here.] City of Miami Page 1 of 1 File Id: 04-00892 (Version: 11 Printed On: 9/8/2011