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HomeMy WebLinkAboutR-25-0282City of Miami Resolution R-25-0282 Legislation 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 City of Miami Page 1 of 2 File ID: 15054 (Revision:) Printed On: 8/13/2025 File ID: 15054 Enactment Number: R-25-0282 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 Wyy 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. City of Miami Page 2 of 2 File ID: 15054 (Revision:) Printed on: 8/13/2025