HomeMy WebLinkAboutR-24-0467City of Miami
Resolution R-24-0467
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 16879 Final Action Date: 11/21/2024
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE AN AMENDMENT TO THAT
CERTAIN INTERLOCAL AGENCY AGREEMENT BETWEEN THE CITY OF
MIAMI ("CITY"), SOUTH FLORIDA REGIONAL TRANSPORTATION
AUTHORITY ("SFRTA"), AND THE SOUTHEAST/OVERTOWN PARK WEST
COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA") DATED
NOVEMBER 8, 2016, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY,
FOR THE DEVELOPMENT OF THE TRI-RAIL DOWNTOWN MIAMI LINK
PROJECT; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE
AND EXECUTE ANY AND ALL OTHER NECESSARY DOCUMENTS,
MODIFICATIONS, AND AMENDMENTS, ALL IN FORMS ACCEPTABLE TO
THE CITY ATTORNEY, FOR SAID PURPOSE.
WHEREAS, pursuant to Resolution No. R-15-0339 adopted on July 23, 2015, the City of
Miami ("City") executed a certain Interlocal Agency Agreement dated November 8, 2016
("Interlocal Agreement"), with the South Florida Regional Transportation Authority ("SFRTA"),
and the Southeast/Overtown Park West Community Redevelopment Agency ("SEOPW CRA")
for the implementation of the Tri-Rail Downtown Miami Link Project ("Project"); and
WHEREAS, the Interlocal Agreement provided for the City to issue debt on behalf of the
SEOPW CRA for payment of $17,528,049.00 ("Grant") towards the cost of constructing the
Project to facilitate travel between the redevelopment area of the CRA, the City and other urban
centers across South Florida by supporting SFRTA's extension of its Tri-Rail passenger
commuter rail service to downtown Miami; and
WHEREAS, the City, SFRTA, and the SEOPW CRA find that it is in the best interest of
the parties to amend the Interlocal Agreement in the following particulars:
1. Amend the Interlocal Agreement to provide that the source of payment of the
Grant will be determined solely by the City and the SEOPW CRA, and that,
regardless of the source of the payment of the Grant, both the City and the
SEOPW CRA shall provide the entire Grant amount to SFRTA no later than
December 31, 2024.
2. Delete certain provisions of Section 3.2 that preclude the SEOPW CRA from
issuing any debt prior to payment of the Grant amount, as long as any debt
issued by the SEOPW CRA (or the City on the SEOPW CRA's behalf)
subsequent to the date of the amendment to the Interlocal Agreement includes
the entire Grant amount owed to SFRTA and the payment of the Grant amount to
SFRTA is made in full before any other parties (including the City or SEOPW
CRA) receive or expend any other proceeds from the issuance of such debt.
3. Delete Section 3.3 of the Interlocal Agreement to remove the bond validation
requirements.
City of Miami Page 1 of 2 File ID: 16879 (Revision:) Printed On: 8/11/2025
File ID: 16879 Enactment Number: R-24-0467
4. Amend the Interlocal Agreement to provide for termination of the Interlocal
Agreement upon payment of the Grant amount in full.
(collectively, "Interlocal Amendments"); and
WHEREAS, on October 25, 2024, the SFRTA Board authorized the Executive Director
of the SFRTA to negotiate and execute an amendment to the Interlocal Agreement to
incorporate the Interlocal Amendments; and
WHEREAS, the SEOPW CRA at its November 21, 2024 regular meeting is anticipated
to authorize its Executive Director to negotiate and execute an amendment to the Interlocal
Agreement to incorporate the Interlocal Amendments; and
WHEREAS, it is in the best interest of the City to authorize the City Manager, or his
designee, to negotiate and execute an amendment to the Interlocal Agreement to incorporate
the Interlocal Amendments;
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 Manager, or designee, is authorized' to negotiate and execute an
amendment to the Interlocal Agreement to incorporate the Interlocal Amendments, in a form
acceptable to the City Attorney, between the City, the SFRTA, and the SEOPW CRA for the
Project.
Section 3. The City Manager, or designee, is further authorized' to negotiate and
execute any and all other necessary documents, modifications, and amendments, all in forms
acceptable to the City Attorney, for said purpose.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
1 The herein authorization is further subject to compliance with all legal requirements that may be
imposed, including but not limited to, those prescribed by applicable City Charter and City Code
provisions.
City of Miami Page 2 of 2 File ID: 16879 (Revision:) Printed on: 8/11/2025