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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #4935 Date: 10/09/2018 Commission Meeting Date: 11/15/2018 Requesting Department: Department of Planning Sponsored By: District Impacted: Type: Resolution Subject: Ad Valorem Tax Exemption - Historical Properties 7320 Biscayne Boulevard Purpose of Item: This resolution will grant an Ad Valorem Tax Exemption for Historic Properties, as per Chapter 23, Article II, to property owner Trifecta 7320 Biscayne LLC, for a property located at 7320 Biscayne Boulevard. Background of Item: The Historic and Environmental Preservation Board at its meeting on September 2, 2014 adopted Resolution No. HEPB-R-14-037 recommending approval of the ad valorem tax exemption for historic properties Part I. Subsequently, the Historic and Environmental Preservation Board at its meeting on September 6, 2016, adopted Resolution No. HEPB-R-16-045 recommending approval of the ad valorem tax exemption for historic properties Part II. The applicant and HEPB are now requesting approval from the City Commission as required under Chapter 23, Article II of the City Code under Section 23-22(a) which states: The city commission shall grant or deny the tax exemption based on the recommendations of the board (HEPB). A vote of the commission shall be required to adopt a motion. Budget Impact Analysis Item is Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: $94,720 (estimate for ten years) Department of Planning Office of Management and Budget Office of Management and Budget City Manager's Office City Manager's Office Legislative Division Office of the City Attorney Office of the City Attorney City Commission Office of the Mayor Reviewed B Jessica Iturrey Fred Pericles Christopher M Rose Nzeribe Ihekwaba Nikolas Pascual Valentin J Alvarez Valentin J Alvarez Victoria Mendez Maricarmen Lopez Mayor's Office Department Head Review Budget Analyst Review Budget Review Assistant City Manager Review City Manager Review Legislative Division Review Deputy City Attorney Review Approved Form and Correctness Meeting Signed by the Mayor Completed Completed Completed Completed Completed Completed Skipped Completed Completed Completed 10/23/2018 3:16 PM 10/25/2018 12:13 PM 10/25/2018 2:44 PM 10/25/2018 2:47 PM 10/25/2018 4:03 PM 11/01/2018 5:22 PM 11/01/2018 2:15 PM 11/01/2018 6:43 PM 11/15/2018 9:00 AM 11/26/2018 3:40 PM Office of the City Clerk City Clerk's Office Signed and Attested by the City Clerk Completed 11/26/2018 4:10 PM Office of the City Clerk City Clerk's Office Rendered Completed 11/26/2018 4:10 PM City of Miami Legislation Resolution Enactment Number: R-18-0519 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 4935 Final Action Date:11/15/2018 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), GRANTING THE APPLICATION FOR A HISTORIC AD VALOREM TAX EXEMPTION, BASED ON THE RECOMMENDATION OF THE HISTORIC AND ENVIRONMENTAL PRESERVATION BOARD, TO ANA MARIA CABALLERO OWNER OF THE PROPERTY LOCATED AT 7320 BISCAYNE BOULEVARD, WITHIN THE MIAMI MODERN ("MIMO") HISTORIC DISTRICT. WHEREAS, section Chapter 23, Article II of the City of Miami Code of Ordinances, the Historic Tax Exemption Ordinance, authorizes the City Commission to grant tax exemptions to owners of historic properties within the City of Miami ("City") under specified conditions, and for a period of up to ten years; and WHEREAS, Ana Maria Caballero, the owner of the historic property located at 7320 Biscayne Boulevard ("Property"), with a legal description as set forth in the attached "Exhibit A," has submitted an application for a tax exemption pursuant to the City's Historic Tax Exemption Ordinance; and WHEREAS, the City's Preservation Officer, upon review of the application materials, has determined that the Property complies with the requirements in the City's Historic Tax Exemption Ordinance, and has recommended that the application be granted; and WHEREAS, on September 2, 2014, the Miami Historic and Environmental Preservation Board ("HEPB") adopted resolution HEPB-R-14-037, attached as "Exhibit C," which approved an application for an ad valorem tax exemption for the Property; and WHEREAS, on September 9, 2016, the HEPB adopted resolution HEPB-R-16-045, attached as "Exhibit D," which recommended approval of an application for an ad valorem tax exemption (Part II, Request for Review of Completed Work) for the Property; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City Commission hereby approves the Property for an ad valorem tax exemption pursuant to the City's Historic Tax Exemption Ordinance. Section 3. This approval is conditioned on the execution by the owner of a covenant, in substantially the form attached as "Exhibit B," which shall be recorded by the City's Preservation Officer in the official records of Miami -Dade County, Florida. Section 4. The tax exemption granted herein shall remain in effect for ten (10) years. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: ndez, City Attor ey 11/172018 1 If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City.