HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-25-0040
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 17219
Revision: A
File Type: Resolution Status: ADOPTED WITH
MODIFICATION(S)
Controlling Body: City Commission
File Name: Establish Special Revenue Account - Park Fund for Introduced: 2/4/2025
Miami Freedom Park
Requesting Dept: Commissioners and Mayor Final Action Date: 2/13/2025
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION DIRECTING AND AUTHORIZING
THE CITY MANAGER TO ESTABLISH A NEW SPECIAL REVENUE ACCOUNT TITLED
"PARK FUND FOR MIAMI FREEDOM PARK"; APPROPRIATING AND ALLOCATING
FUNDS TO BE USED EXCLUSIVELY FOR IMPROVEMENTS AND MAINTENANCE OF
THE FIFTY-EIGHT (58) ACRE PUBLIC PARK TO BE DEVELOPED BY MIAMI
FREEDOM PARK, LLC, A DELAWARE LIMITED LIABILITY COMPANY ("MFP")
LOCATED AT APPROXIMATELY 1550 NORTHWEST 37TH AVENUE, MIAMI,
FLORIDA, IN THE AMOUNT OF TWENTY MILLION AND 00/100 DOLLARS
($20,000,000.00), CONSISTING OF TWO (2) TEN MILLION AND 00/100 DOLLARS
($10,000,000.00) PAYMENTS FROM MFP, PURSUANT TO THAT CERTAIN GROUND
LEASE FOR SOCCER STADIUM, THAT CERTAIN GROUND LEASE FOR MIAMI
FREEDOM PARK COMMERCIAL DEVELOPMENT, AND CERTAIN RELATED
EASEMENT AGREEMENTS WITH THE CITY, ALL DATED AS OF FEBRUARY 9, 2023,
GOVERNING MFP'S USE OF THE LEASED PROPERTY (COLLECTIVELY, "LEASE
AGREEMENT"), AND PURSUANT TO THE DEVELOPMENT AGREEMENT BETWEEN
THE CITY AND MFP REGARDING APPROVAL OF THE MIAMI FREEDOM PARK
SPECIAL AREA PLAN AND RELATED DEVELOPMENT; DIRECTING THE CITY
MANAGER TO IDENTIFY AND ALLOCATE IN THE FISCAL YEAR 2024-2025
MIDYEAR BUDGET AMENDMENT AN ADDITIONAL TWO MILLION, FIVE HUNDRED
THOUSAND AND 00/100 DOLLARS ($2,500,000.00) TO CITY COMMISSION
DISTRICTS 2, 3, 4, AND 5 FOR A TOTAL AMOUNT NOT TO EXCEED TEN MILLION
AND 00/100 DOLLARS ($10,000,000.00); PROVIDING FOR AN EFFECTIVE DATE.
Sponsor(s): Mayor Francis X. Suarez, Commissioner Miguel Angel Gabela
Notes:
Links:
Attachments:
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Legislative Division 2/4/2025 Legislative Division Review Completed
Xavier Alban 2/4/2025 ACA Review Completed
Leon P Michel 2/4/2025 Budget Review Completed
George K. Wysong III 2/4/2025 Approved Form and Completed
Correctness
City Commission 2/13/2025 Meeting Completed
City Commission 2/13/2025 ADOPTED WITH Passed
City of Miami Page 1 of 2 Printed on: 8/12/2025
City of Miami
Master Report
Enactment Number: R-25-0040
MODIFICATION(S)
A Mayor's Office 2/21/2025 Signed by the Mayor Completed
A City Clerk's Office 2/21/2025 Signed and Attested by the City Completed
Clerk
A Legislative Division 2/21/2025 Legislative Division Review Completed
A Xavier Alban 4/22/2025 ACA Review Completed
A George K. Wysong III 4/22/2025 Approved Form and Completed
Correctness with Modification(s)
A City Clerk's Office 4/22/2025 Rendered Completed
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
City of Miami Page 2 of 2 Printed on: 8/12/2025