HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #15054
Date: 12/01/2023
Commission Meeting Date: 07/24/2025
Type: Resolution
Subject: Allocate Funds - SWIRE OBCC
Purpose of Item:
Requesting Department: Department of
Housing and Community Development
Sponsored By:
District Impacted: All
AUTHORIZING THE ALLOCATION FROM SWIRE PROPERTIES ONE BRICKELL
CITY CENTER ("SWIRE OBCC"), THE TOTAL AMOUNT OF ONE MILLION DOLLARS
($1,000,000.00), WITH A TWO HUNDRED THOUSAND DOLLARS ($200,000.00)
GOING TO A DEVELOPMENT IN EACH DISTRICT; AS MORE PARTICULARLY
SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED, TO ASSIST WITH
AFFORDABLE HOUSING DEVELOPMENT PROJECTS; FURTHER AUTHORIZING
THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS
INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS,
ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY
FOR SAID PURPOSE, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS
THAT REGULATE THE USE OF SUCH FUNDS.
Background of Item:
On January 24, 2019, the City of Miami Commission approved Ordinance No.13825
that allowed the creation of a second Development Agreement, pursuant to Chapter of
the 163, Florida Statutes, to govern the development of the two building sites identified
as Brickell City Center ("BCC-650 SMA") and to be incorporated into the Brickell City
Centre Special Area Plan ("BCC -SAP") pursuant to the third amendment to the
previously -approved ("Brickell City Centre SAP").
The Miami 21 Code establishes standards and procedures for new development or
redevelopment in the City, which includes cash contribution as part of the Public Benefit
program.
On April 28, 2023, the City of Miami ("City") received a monetary contribution from
"Swire OBCC", in the total amount of One Million Dollars ($1,000,000.00), related to a
public benefit condition in the Brickell City Center SAP.
Two Hundred Thousand Dollars ($200,000.00) will be allocated to each city commission
district to be used for affordable housing projects.
The City's Administration recommends the allocation of the fund received from Swire
Properties One Brickell City Center ("SWIRE OBCC"), in the total amount of One Million
Dollars ($1,000,000.00), with a Two Hundred Thousand Dollars ($200,000.00) going to
a development in each district, as more particularly specified in Exhibit "A," attached
and incorporated, to assist with affordable housing development projects.
Budget Impact Analysis
Item is NOT Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
Total Fiscal Impact: $1,000,000.00
Special Revenue Account No: Affordable Trust Fund — Swire Affordable Housing Contribution
Reviewed B
Department of Community and Economic Development
Review Completed 12/04/2023 9:15 AM
Office of Management and Budget
Office of Management and Budget
City Manager's Office
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
Office of the City Clerk
Office of the City Clerk
Luis Hernandez -Torres
Marie Gouin
Larry M. Spring
Natasha Colebrook -Williams
Arthur Noriega V
Valentin J Alvarez
Raymond Pereira
George K. Wysong III
Maricarmen Lopez
Mayor's Office
City Clerk's Office
City Clerk's Office
George Mensah
Budget Analyst Review
Budget Review
Assistant City Manager Review
Deputy City Manager Review
City Manager Review
Legislative Division Review
ACA Review
Approved Form and Correctness
Department Head
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Meeting Completed
Unsigned by the Mayor Completed
Signed and Attested by the City Clerk Completed
Rendered Completed
12/04/2023 11:25 AM
12/04/2023 11:43 AM
12/05/2023 3:38 PM
06/03/2025 11:36 AM
12/05/2023 4:27 PM
07/15/2025 10:47 AM
07/15/2025 10:50 AM
07/15/2025 2:11 PM
07/24/2025 9:00 AM
07/31/2025 2:20 PM
07/31/2025 2:50 PM
08/04/2025 2:15 PM
City of Miami
Legislation
Resolution
Enactment Number: R-25-0282
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 15054 Final Action Date:7/24/2025
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ALLOCATING THE PUBLIC BENEFITS CONTRIBUTION RECEIVED FROM SWIRE
PROPERTIES INC., A FLORIDA FOR PROFIT CORPORATION ("SWIRE") IN THE
TOTAL AMOUNT OF ONE MILLION DOLLARS ($1,000,000.00), WITH TWO
HUNDRED THOUSAND DOLLARS ($200,000.00) BEING ALLOCATED TO EACH
CITY COMMISSION DISTRICT'S SHARE OF THE AFFORDABLE HOUSING TRUST
FUND, AS MORE PARTICULARLY SPECIFIED IN EXHIBIT "A," ATTACHED AND
INCORPORATED, TO ASSIST WITH AFFORDABLE HOUSING PROJECTS;
FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE
ANY AND ALL DOCUMENTS INCLUDING AMENDMENTS, RENEWALS,
EXTENSIONS, AND MODIFICATIONS, ALL IN A FORM ACCEPTABLE TO THE CITY
ATTORNEY, FOR SAID PURPOSE.
WHEREAS, on January 24, 2019, the City of Miami ("City") Commission approved
Ordinance No.13825 providing for a second Development Agreement, pursuant to Chapter of
the 163, Florida Statutes, to govern the development of the two (2) building sites identified as
Brickell City Center ("BCC-650 SMA") and to be incorporated into the Brickell City Centre
Special Area Plan ("BCC -SAP") pursuant to the third amendment to the previously -approved
("Brickell City Centre SAP"); and
WHEREAS, Ordinance No. 13114, the Zoning Ordinance of the City of Miami, Florida,
as amended ("Miami 21 Code") establishes standards and procedures for new development or
redevelopment in the City, which includes a monetary contribution as part of the Public Benefit
program; and
WHEREAS, on April 28, 2023, the City received a monetary contribution from Swire
Properties Inc., a Florida for profit corporation ("Swire"), in the total amount of One Million and
00/100 Dollars ($1,000,000.00), related to a public benefit condition in the Brickell City Center
SAP; and
WHEREAS, the acceptance of the monetary contribution was contemplated in
accordance with a Memorandum of Understanding between the City and Swire; and
WHEREAS, Two Hundred Thousand and 00/100 Dollars ($200,000.00) will be allocated
to each City Commission District's share of the City's Affordable Housing Trust Fund, to be used
for affordable housing projects; and
WHEREAS, the City's Administration recommends the public benefits contribution funds
received from Swire, in the total amount of One Million and 00/100 Dollars ($1,000,000.00), with
Two Hundred Thousand and 00/100 Dollars ($200,000.00) be allocated to each City
Commission District's share of the City's Affordable Housing Trust Fund, as more particularly
specified in Exhibit "A," attached and incorporated;
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 allocation of the public benefits contribution received from Swire, in the
total amount of One Million and 00/100 Dollars ($1,000,000.00), with Two Hundred Thousand
and 00/100 Dollars ($200,000.00) allocated to each City Commission District's share of the
City's Affordable Housing Trust Fund, as more particularly specified in Exhibit "A," attached and
incorporated, is authorized.'
Section 3. The City Manager is authorized' to negotiate and execute any and all
necessary documents, including amendments, extensions, and modifications, 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:
ge Wy y ng III, C y ttor -y 7/15/2025
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.