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HomeMy WebLinkAboutPre-LegislationRESOLUTION NO. 003/2019 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("MIAMI DDA") COMMITTING $67,500,00 TO THE URBAN LAND INSTITUTE ("ULI") TO MATCH THE CITY OF MIAMI'S CONTRIBUTION OF $67,500.00 FOR COSTS ASSOCIATED WITH THE URBAN WATERFRONT RESILIENCE PANEL TO BE HELD IN 2019; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECU I'E A CON TRACT WITH ULI, IN A FORM ACCEPTABLE TO THE GENERAL COUNSEL. WHEREAS, in June 2017, Chairman Ken Russell appointed members to the Miami Downtown Development Authority of the City of Miami, Florida's ("Miami DDA") Resiliency Task Force ("Task Force") in order to "Gather and share ongoing local efforts to combat sea -level rise, affordable housing, and transportation issues affecting Downtown Miami's growth;" and WHEREAS, in its meetings, the Task Force emphasized the need for Downtown Miami to highlight all of the steps that are being taken to bolster Downtown's resilience; and WHEREAS, Miami DDA staff have worked with the City of Miami ("City") in an attempt to identify strategies to create a more resilient Downtown; and WHEREAS, the Urban Land Institute ("ULI") has a track record of attracting national and international experts to facilitate imnxersive panels that result in actionable recommendations that enhance the resilience and sustainability of cities; and WHEREAS, most recently, the ULI completed a resilience panel for the City of Miami Beach which resulted in the Miami Beach City Commission adopting dozens of policy enhancements that are being implemented in Miami Beach; and WHEREAS, the Greater Downtown community represents the convergence of the region's population and employment density with the most valuable built environment in the state; and WHEREAS, the market value of Downtown and its adjacent neighborhoods is more than $39 billion which represents more than 50 percent of the City's total taxable property value; and WHEREAS, considering the value of urban waterfront and our growing neighborhood, Greater Downtown produces the highest return on investment when mitigating the risk of stonn surge; and WHEREAS, on February 14, 2019, the Miami City Commission will vote on a proposed resolution authorizing payment of up to $67,500.00 to the ULI for a week-long Urban Waterfront Resilience Panel ("Panel") that will take place in 2019; and Page 1 of WHEREAS, the anticipated deliverables from the proposed panel include 1) Minimum design guidelines for waterfront properties; 2) Financing strategies for infrastructure improvements; 3) Best policy practices from forward thinking cities regarding waterfront protection and proactive property modifications to enhance flooding and storm surge resilience; and 4) An action plan that integrates other relevant efforts such as Resilient Greater Miami and the Beaches Strategy, the US Army Corps of Engineers' Back Bay Study, and the City's Stormwater Master Plan; and WHEREAS, the ULI has requested a contribution from the Miami DDA to assist with the Panel; and WHEREAS, the Miami DDA funding as proposed herein is contingent upon ULI receiving matching funding from the City; and WHEREAS, the contribution from the Miami DDA is contingent upon Miami DDA staff and City staff reviewing and approving the ULI's final scope and list of potential panelists; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals are true and correct and are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The Board of Directors of the Miami DDA authorizes a contribution to the ULI in an amount not to exceed $67,500.00, contingent upon ULI receiving matching funding from the City Section 3. The Executive Director is authorized to negotiate and execute a contract with the ULI, in a form acceptable to the General Counsel, to help facilitate the implementation of the Panel in 2019. Section 4. This Resolution shall become effective immediately upon its adoption. Ivonne de la Vega Secretary to the Board of Directors PASSED AND ADOPTED, this 25th day of January, 2019. ussell, Chairman Alyce R be rtson, Executive Director Page 2 of 2