Loading...
HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: 16-01157 Date: 08/05/2016 Commission Meeting Date: 09/08/2016 Type: /1 Resolution Ordinance Li Other Subject: Resolution to support creation of MANA-Wynwood Community Development District (CDD) Purpose of Item: Requesting Department: Planning & Zoning District Impacted: 5 Emergency Ordinance Discussion Item Law Department Matter ID No. SUPPORTING THE CREATION OF THE MANA-WYNWOOD COMMUNITY DEVELOPMENT DISTRICT ("CDD") BY MIAMI WORLDCENTER GROUP, LLC. Background Information: A Development Agreement was approved in September 2016 to support the development of the area known as "Mana-Wynwood SAP." Consistent with such agreement is the creation of a Community Development District (authorized by Chapter 190 of the Florida Statutes) by Mannigan Holdings, LLC; Marcella Realty, LLC; Megan Realty, LLC; Melanie Holdings, LLC; Mizrachi Holdings, LLC; Wynwood Holdings, LLC; 2294 NW 2 Avenue Property, LLC; Mapton Holdings, LLC; Malux Realty, LLC; Milana Holdings, LLC; and Miller Reality, LLC. Part of that process requires the municipality to provide an official statement of support. Additionally, as per F.S. 190, prior to the filing of a petition with the County, the petitioner shall: "Pay a filing fee of $15,000 to the county, if located within an unincorporated area, or to the municipality, if located within an incorporated area.,." As such, payment of $15,000 is required as part of the process. 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: 0 Maintenance Cost: 0 Total Fiscal Impact: 0 CIP AO - If Using or receivin capital funds Grants /�''' Final Approvals ISIGN AND DATE) Bud Risk Management Purchasing 41/- l pt. Director Chief ,, o �,. I I li City Manager Page 1 of 1