HomeMy WebLinkAboutSummary Form SR (2)SECOND READING ORDINANCE
AGENDA ITEM SUMMARY FORM
FILE ID: 15-00809
Date: 8/12/2015 Requesting Department: Planning
Commission Meeting Date: 9/24/2015
Type: I I Resolution X Ordinance Emergency Ordinance o Discussion Item
Other
District Impacted: 2 and 5
Law Department
Matter ID No.15-
601
Subject: Amendment to City Code Chapter 62 Article XIV — Planning and Zoning, Public Benefits
Trust Fund
Purpose of Item:
Amend Chapter 62, Article VIII — Planning and Zoning; Public Benefits Trust Fund to create a
Wynwood Public Benefits Trust Fund for the purpose of collecting and investing funds within the
Wynwood Neighborhood Revitalization District (NRD-1).
Background Information:
The Wynwood Neighborhood Revitalization District (NRD-1) is proposed as an overlay zoning
district within the Miami 21 Code to facilitate the transition of an industrial district into a diverse,
mixed -use, residential neighborhood. The Wynwood NRD-1 provides for the ability to obtain
additional height and floor area through the payment into a special public benefits trust fund that is
intended to be used to create new open space, affordable housing and other public benefits within
Wynwood. City Commission adoptedthe following item on July 23, 2015 for first reading.
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:
CIP
Final Approvals
If using or receiving capital funds
Grants
Purchasing
Chief
(SIGN AND DATE) 1// ///(fJ
Bud iJV�
Risk Management
Dept. Director
City Manager
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