HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: 14352
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 15956 File Type: Ordinance
Revision: A
File Name: Amend Code - Chapter 62 - Public Benefit Trust
Fund
Status: ADOPTED
Controlling Body: City Commission
Introduced: 4/22/2024
Requesting Dept: Wynwood Business Improvement District Final Action Date: 2/13/2025
Board
Title: AN ORDINANCE OF THE MIAMI CITY COMMISSION AMENDING CHAPTER
62/ARTICLE XIV/SECTION 62-644 — 62-645 OF THE CODE OF THE CITY OF MIAMI,
FLORIDA, AS AMENDED, TITLED "PLANNING AND ZONING/PUBLIC BENEFITS
TRUST FUND/NRD-1 PUBLIC BENEFITS TRUST FUND; INTENT." AND "PLANNING
AND ZONING/PUBLIC BENEFITS TRUST FUND/ESTABLISHED," TO PROVIDE FOR
THE TRANSFER OF NRD-1 PUBLIC BENEFITS TRUST FUNDS COLLECTED BY THE
CITY OF MIAMI ("CITY") FINANCE DEPARTMENT ("FINANCE") TO A QUALIFIED
PUBLIC DEPOSITORY HELD BY THE WYNWOOD BUSINESS IMPROVEMENT
DISTRICT ("BID"), ALLOWING FOR THE INVESTMENT OF NRD-1 PUBLIC BENEFITS
TRUST FUNDS COLLECTED PURSUANT TO THE CITY'S INVESTMENT POLICY AND
SECTION 218.415, FLORIDA STATUTES, PROVIDING FOR THREE (3) YEAR TERMS
FOR NRD-1 PUBLIC BENEFITS TRUST FUND COMMITTEE MEMBERS, CLARIFYING
THAT THIRTY-FIVE PERCENT (35%) OF TOTAL NRD-1 PUBLIC BENEFITS TRUST
FUNDS COLLECTED SHALL BE ALLOCATED TOWARDS AFFORDABLE HOUSING,
AND LIMITING FUNDING TO AFFORDABLE HOUSING PROJECTS WHERE AT
LEAST FIFTY-ONE PERCENT (51%) OF THE UNITS PROVIDED ARE RESTRICTED
TO A PERSON OR HOUSEHOLDS WITH INCOME AT OR BELOW EIGHTY PERCENT
(80%) OF THE MEDIAN INCOME FOR MIAMI-DADE COUNTY, FLORIDA, AS
DETERMINED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN
DEVELOPMENT; CONTAINING A SEVERABILITY CLAUSE AND PROVIDING FOR AN
EFFECTIVE DATE.
Notes:
Links:
Attachments:
History of Legislative File:
Revision: Acting Body:
Date: Action: Result:
Manny Gonzalez
Calvin Fifer
Marie Gouin
Arthur Noriega V
Legislative Division
Pablo Velez
George K. Wysong III
City Commission
City Commission
4/29/2024
4/29/2024
4/29/2024
4/29/2024
4/30/2024
4/30/2024
4/30/2024
5/9/2024
5/9/2024
Department Head Review
Budget Analyst Review
Budget Review
City Manager Review
Legislative Division Review
ACA Review
Approved Form and
Correctness
Meeting
DEFERRED
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Passed
City of Miami Page 1 of 2 Printed on: 2/24/2025
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City
City
City
City
City
City
City
City
Commission
Commission
Commission
Commission
Commission
Commission
Commission
Commission
Legislative Division
Xavier Alban
George K. Wysong III
City Commission
City Commission
City Commission
City Commission
Mayor's Office
City Clerk's Office
City Clerk's Office
City of Miami
Master Report
Enactment Number: 14352
5/23/2024 Meeting
5/23/2024 DEFERRED
6/13/2024 Meeting
6/13/2024
6/18/2024
6/18/2024
12/12/2024
12/12/2024
12/17/2024
12/17/2024
12/17/2024
1/23/2025
1/23/2025
2/13/2025
2/13/2025
2/21/2025
2/21/2025
2/21/2025
MEETING CANCELLED
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Meeting
INDEFINITELY DEFERRED
Meeting
PASSED ON FIRST READING
WITH MODIFICATION(S)
Legislative Division Review
ACA Review
Approved Form and
Correctness
Meeting
DEFERRED
Meeting
ADOPTED
Signed by the Mayor
Signed and Attested by the City
Clerk
Rendered
Completed
Passed
Completed
Passed
Completed
Passed
Completed
Passed
Completed
Completed
Completed
Completed
Passed
Completed
Passed
Completed
Completed
Completed
City of Miami
Page 2 of 2
Printed on: 2/24/2025