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HomeMy WebLinkAboutLegislation-SUB (2)City of Miami Ordinance 14404 Legislation THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 18186 Final Action Date: 10/23/2025 AN ORDINANCE OF THE MIAMI CITY COMMISSION AMENDING CHAPTER 14/ARTICLE II OF THE CODE OF ORDINANCES OF THE CITY OF MIAMI, FLORIDA, AS AMENDED ("CITY CODE"), TITLED "DOWNTOWN DEVELOPMENT/DOWNTOWN DISTRICT," MORE PARTICULARLY BY AMENDING DIVISION 1, TITLED "GENERALLY," TO DEFINE RESIDENCY IN THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("AUTHORITY") AND BY AMENDING DIVISION 2, TITLED "DOWNTOWN DEVELOPMENT AUTHORITY," TO AMEND THE COMPOSITION OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("AUTHORITY'S") BOARD OF DIRECTORS AND VARIOUS AMENDMENTS, INCLUDING BUT NOT LIMITED TO, THE AUTHORITY'S DEFINITIONS, POWERS AND DUTIES, AND REMOVAL OF MEMBERS; CONTAINING A SEVERABILITY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. SPONSOR(S): Commissioner Ralph "Rafael" Rosado WHEREAS, Chapter 14 of the Code of Ordinances of the City of Miami, Florida, as amended ("City Code"), has not been revised or updated since 1998; and WHEREAS, Chapter 14 of the City Code governs the Downtown Development Authority of the City of Miami, Florida ("Miami DDA"); and WHEREAS, District 4 Commissioner, the appointed Chairman of the Miami DDA seeks to update the City Code governing the Miami DDA; and WHEREAS, the City Commission after careful consideration of the proposed updates deems it advisable and in the best interest of the general welfare of the City of Miami ("City") and its residents and visitors to amend Chapter 14 of the City Code; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF MIAMI, FLORIDA: (0 t Ca Section 1. The recitals and findings contained in the Preamble to this Ordinance are adopted by reference and incorporated as if fully set forth in this Section. Section 2. Chapter 14/Article II of the City Code is hereby amended in the following particulars.' 'Words and/or figures stricken through shall be deleted. Underscored words and/or figures shall be added. The remaining provisions are now in effect and remain unchanged. Asterisks indicate omitted and unchanged material. City of Miami Page 1 of 13 File ID: 18186 (Revision: B) Printed On: 1/15/2026 18186 Leglislation-SUB THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File ID: 18186 Enactment Number: 14404 "DOWNTOWN DEVELOPMENT ARTICLE II. DOWNTOWN DISTRICT DIVISION 1. GENERALLY Sec. 14-26. Definitions. For the purposes of this Article, the following words and phrases shall have the meanings respectively ascribed to them by this section: Authority: The Downtown Development Authority, the body corporate hereby created by this article, known as the Downtown Development Authority board of the City. Board: The governing body of the Authority selected as herein provided. Central business district: The area in the City to which this article primarily relates, zoned and used principally for business. Director: The chief executive officer of the Authority selected by the board as herein provided. Downtown: A specifically defined area or zone of the City in the central business district, established by the City. Governing body: The Commission of the City. Planning board: The department or agency of the City, by whatever name such department or agency may be known, which is chiefly responsible for community planning. Public facility: Any street, park, parking lot, playground, right-of-way, structure,,waterway, bridge, lake, pond, canal, utility line or pipe, building, including access routes to any of the foregoing designed and dedicated to use by the public generally, or used by any public agency with or without charge, whether or not the same is revenue producing. <r b Reside or Resident: An owner of a property located within Downtown, as defined in thii Article, which said property is the owner's homestead. Sec. 14-27. Boundaries designated. CJI The Downtown District described as follows shall be under the jurisdiction and control of the Downtown Development Authority: Begin at the intersection of the centerline of NW 5th Street and NW 3rd Avenue (east of I- 95); thence run southerly along the centerline of NW 3rd Avenue and the easterly side of I- 95 to the centerline of West Flagler Street; thence westerly along the centerline of said West Flagler Street to the centerline of the Miami River; thence meandering southeasterly along the centerline of said Miami River to a point of intersection with the westerly Right -of - Way line of Metro Rapid Transit Right -of -Way (formerly Florida East Coast (FEC) Railroad Right -of -Way) said Right -of -Way line being 50 feet westerly of and parallel with the centerline of said Metro Rapid Transit Right -of -Way; thence run southerly and southwesterly along said westerly Right -of -Way line of Metro Rapid Transit to the City of Miami Page 2 of 13 File ID: 18186 (Revision: B) Printed on: 1/15/2026 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File ID: 18186 Enactment Number: 14404 intersection with the centerline of SW 15th Road; thence southeasterly along the centerline of 15th Road to a point of intersection with the southerly prolongation of the westerly line of Costa Bella Development Subdivision (107-14); thence northeasterly, northwesterly, and northeasterly along said westerly line of Costa Bella to the intersection with the southerly Right -of -Way line of SE 14th Lane; thence southeasterly, northeasterly, northerly, and northwesterly along said southerly and easterly Right -of -Way line of SE 14th Lane and SE 14th Terrace to the intersection with the northwesterly property line of Lot 31, Block 2 of Amended plat of Point View as recorded in Plat Book 2 at Page 93 of the public records of Miami -Dade County, Florida; thence northeasterly along the northwesterly line of said Lot 31, to the northeasterly side of the existing ten -foot alley in Block 2 of said Point View; thence southeasterly along the northeasterly side of said ten -foot alley to the intersection with the property line between Lots 4 and 5 of said Block 2 of Point View: thence northeasterly along said line of Lots 4 and 5 and its prolongation thereof to the centerline of SE 14th Street; thence southeasterly along said centerline of SE 14th Street to a point of intersection with the existing bulkhead and shoreline of Biscayne Bay; thence meandering northerly along the existing bulkhead and shoreline of Biscayne Bay to a point of intersection with the southerly boundary of Claughton Island Bridge; thence easterly along the said southerly Right -of -Way line of Claughton Island Bridge to the intersection with the westerly bulkhead line of Claughton Island, said bulkhead line being part of the Miami - Dade County bulkhead line as recorded in Plat Book 73 at Page 18 of the public records of Miami -Dade County, Florida; thence southerly, easterly, northerly, and westerly, following said existing bulkhead and its westerly prolongation thereof around the island to the intersection with the mainland on the easterly shoreline of Biscayne Bay; thence meandering in a northwesterly and westerly direction along the shoreline of Biscayne Bay and the Miami River to the intersection with the easterly Right -of -Way line of the Metro Rapid Transit line of Brickell Avenue Bridge (SE 2nd Avenue); thence north along said bridge to the existing bulkhead on the corner of said Lot 1; thence northwesterly across a 10 foot -wide alley to the northeasterly corner of Lot 6 of Block 8 of Miramar amended as recorded in Plat Book 5 at Page 4 of the public records of Miami -Dade County, Florida; thence northwesterly along the northerly line of said lot 6 and its northwesterly extension to its intersection with the centerline of Sevilla Street (NE 4th Avenue) of said Miramar, amended (5- 4); thence southwesterly along the centerline of said Sevilla Street (NE 4th • Avenue) to its intersection with the centerline of Vedado Street (NE 4th Avenue) of said Miramar amended (5-4); thence northerly along the centerline of NE 4th Avenue (Vedado Street); thence northerly along the centerline of NE 4th Avenue to its intersection with the centerline of NE 19th Street; thence westerly along the centerline of NE 19th Street to a point of intersection with southerly extension of the easterly lot line of Lot 4 of Block 1 of. Miramar amended as recorded in plat book 5 at page 4 of the public records of -Miami - Dade County, Florida; thence northerly along the easterly lot line of Lot 4 and its extension thereof to the southerly lot line of Lot 8 of Coral Park as recorded in Plat Book 2 at Page 66 of the public records of Miami -Dade County, Florida; thence easterly along the southerly lot line of Lot 8 to the southeast corner of said Lot 8; thence northerly along the easterly Lot line of Lot 8 to the southerly Right -of -Way line of NE 20th Street; thence easterly along the southerly Right -of -Way line of NE 20th Street to the southerly extension of the easterly lot line of Lot 7 of said Coral Park (2-66); thence northerly along the easterly lot line of Lot 7 and its extension thereof to the northeast corner of Lot 7; thence westerly along the northerly lot line of Lot 7 to a point of intersection with the southerly extension of the easterly lot line of Lot 7 of Block 4 of Bayside Park amended as recorded in Plat Book 2 at Page 40 of the public records of Miami -Dade County, Florida; thence northerly along the easterly lot line of Lot 7 and its extension thereof across a 15-foot-wide alley to the northeast corner of Lot 7; thence continuing northerly across the Right -of -Way of NE 20th Terrace to the southeast corner of Lot 7 of Block 1 of Bayside Park amended (2-40); City of Miami Page 3 of 13 File ID: 18186 (Revision: B) Printed on: 1/15/2026 ITHIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File ID: 18186 Enactment Number: 14404 thence northerly along the easterly lot line of Lot 7 to the northeast corner of said Lot 7; thence across a 15-foot-wide alley to the southeast corner of Lot 5 Block 3 of Bayonne Subdivision as recorded in Plat Book 2 at page 35 of the public records of Miami -Dade County, Florida; thence northerly along the easterly Lot line of Lot 5, and the northerly extension of its easterly lot line thereof, to the centerline of NE 21 st Street; thence easterly along the centerline of NE 21st Street to a point of intersection with the southerly extension of the easterly lot line of Lot 3 of Block 1 of Bayonne Subdivision (2-35); thence northerly along the easterly lot line and its extension thereof, to the southerly lot line of tract A of Caruso Subdivision as recorded in Plat Book 79 at page 23 of the public records of Miami - Dade County, Florida; thence easterly along the southerly tract line of tract A to the southerly extension of the easterly Right -of -Way line of NE 4th Avenue; thence northerly along the easterly Right -of -Way line of NE 4th Avenue and its extension thereof to the centerline of NE 24th Street; thence westerly along the centerline of NE 24th Street to the centerline of NE 2nd Avenue; thence southerly along the centerline of NE 2nd Avenue to the centerline of NE 17th Street; thence westerly along the centerline of NE 17th Street and NW 17th Street to the northerly shoreline of the Miami River; said bulkhead line also being the southerly boundary of the Dupont Plaza Center and Miami Center joint Venture property; thence northeasterly along the southerly boundary of Dupont Plaza Center and Miami Center Joint Venture property to a point of intersection with the easterly property line of Chopin Associates and Miami Center Limited Partnership; said property line being along the shoreline of Biscayne Bay; thence northerly along said easterly property line of Chopin Associates and Miami Center Limited Partnership property along Biscayne Bay to the southerly property line of Bayfront Park; thence continuing northerly, northeasterly and northwesterly along the bulkhead line of Bayfront Park and the Bayfront Park Miamarina to a point of intersection with the southerly Right -of -Way line of State Road A-1-A (Douglas Macarthur Causeway); thence easterly along the southerly Right -of -Way of said Douglas MacArthur Causeway to its intersection with the easterly Right -of -Way line of the Intercoastal Waterway, said point also being the westerly line of the submerged parcel of land of the NW quadrant of Watson Island as shown on the boundary survey of NW quadrant upland and submerged parcel (City of Miami miscellaneous file 61-398); thence southerly along the easterly Right -of -Way line of said Intercoastal Waterway to a point of intersection of the turning basin limit with the northerly line of the Miami main ship channel, said point also being approximately 500 feet west of the westerly bulkhead line of Watson Island and 1,200 feet southerly of the south Right -of -Way line of Douglas MacArthur Causeway, as per O.R.B. 2454, pages 77-79; thence northeasterly, southeasterly, and northeasterly along the southeasterly line of said NW quadrant of Watson Island tb the most easterly corner of said NW quadrant of Watson Island, said corner being on the southwesterly Right -of -Way line of Douglas Macarthur Causeway; thence northwh terly and westerly along the said Right -of -Way line to the northwest corner of said NW quadrant of Watson Island; thence westerly along the southerly Right -of -Way line of the state road A-1-A (Douglas Macarthur Causeway) to the bulkhead line of Biscayne Bay; thenpe northerly along the bulkhead line of Biscayne Bay to a point of intersection with the centerline of NE 17th Street extended easterly; thence westerly along the centerline of. NE 17th Street and its extension thereof to a point of intersection with the centerline:of North Bayshore Drive; thence northerly along the centerline of North Bayshore Drive't4 its intersection with the centerline of NE 17th Terrace; thence northwesterly along the centerline of NE 17th Terrace to its intersection with the southwesterly extension of the northwesterly line of Lot 2 of block 1 of Seaport as recorded in Plat Book 149 at 79 of the public records of Miami -Dade County, Florida; thence northeasterly along the northwesterly line of said Lot 2, and it's said southwesterly extension thereof, to the southwesterly corner of Lot 1 of Block 1 of said Seaport (149-79); thence southeasterly and easterly along the southerly line of said lot 1 and its easterly extension to its intersection with the centerline of City of Miami Page 4 of 13 File ID: 18186 (Revision: B) Printed on: 1/15/2026 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File ID: 18186 Enactment Number: 14404 North Bayshore Drive; thence northeasterly along the centerline of North Bayshore Drive to its intersection with the southeasterly extension of the northerly line of said Lot 1 of Block 1 of said Seaport (149-79); thence northwesterly along the northerly line of said Lot 1, and its said southeasterly extension thereof, to the northwesterly easterly Right -of -Way fine of the FEC Railroad; thence southerly along the easterly Right -of -Way line of the FEC Railroad to the centerline of NW 5th Street thence westerly along the centerline of NW 5th Street to the point of beginning. All lands situated and lying in Miami -Dade County, Florida. Sec. 14-28. Property subject to ad valorem taxes for payment of City's general obligation debts, etc. All real property located within the central business district shall be subject to ad valorem taxes to pay the principal and interest on all existing general obligation debts of the City and any future debts which may be authorized by law. Sec. 14-29. Powers of City cumulative. All powers conferred upon the City by this article are and shall be supplemental and in addition to those conferred by any other general or special law and shall be liberally construed to effectuate the purposes hereof. Secs. 14-30-14-50. Reserved. DIVISION 2. DOWNTOWN DEVELOPMENT AUTHORITY Sec. 14-51. Downtown Development Authority created. Pursuant to Laws of Fla., ch. 65-1090, there is hereby created the downtown development Authority of the City, which Authority shall be a body corporate with the power to sue and be sued in all the courts of the state and shall have its own corporate seal. Sec. 14-52. Downtown Development Authority Board —Composition; appointment and terms of office of members and executive board; filling of vacancies. (a) The affairs of the Authority shall be under the direct supervision and control of a board consisting of 4517 members, appointed, and confirmed, by the City Commission in the manner indicated in subsection (b) below. (b) The Board shall be constituted by 4517 members as follows: (1) The City Commission, at large, shall appoint one of its City Commissioners s to be the chairperson of the board and the 157th member thereof of the Authority's Board. The chairperson of the Authority shall have the power to appoint the chairperson(s) to the various committees which the Authority shall have the power to establish from time to time. (2) One member may be appointed by the Board of County Commissioners of Miami - Dade County and submitted to the City Commission for confirmation. (3) One member may be appointed by the cabinet of the state and submitted to the City Commission for confirmation. (4) One member may be appointed by the Miami Dade College and submitted to the City Commission for confirmation. (45) City of Miami Page 5 of 13 File ID: 18186 (Revision: 8) Printed on: 1/15/2026 File ID: 18186 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. Enactment Number: 14404 (5) Commission. The remaining 13 members shall be appointed by the Board of the Authority and submitted to the City Commission for confirmation. Each of the 13 members shall be designated as follows: I. One (1) resident of Brickell district, which may be defined by the Authority II. One (1) resident of the Central Business District III. One (1) resident of the Arts and Entertainment district, which may be defined by the Authority IV. One (1) business owner in Brickell district, which may be defined by the Authority. V. One (1) business owner in the Central Business District VI. One (1) business owner in the Arts and Entertainment district, which may be defined by the Authority VII. One (1) representative of a major stakeholder within the boundaries of the Authority VIII. One (1) individual employed in the sports and entertainment industry IX. One (1) representative of Flagler Street X. One (1) individual that works in land use, zoning, or transportation XI. One (1) individual that is employed in the arts and culture business/industry XII. Two (2) at -large members of Downtown At least forty (40%) of Authority appointees must be residents of Downtown. The s Board shall continue to include at least one (1) member from each sub-distriCt.Created by the Authority from time to time. A proposed member shall not be considered a member of the Board until confirmed by the City Commission. In the event an _- appointee is rejected by the City Commission, the Board shall appoint a successor, consistent with the above categories until all thirteen (13) seats are filled with appointees who are confirmed by the City Commission. In the event the City Commission does not reject a proposed member appointed by' the board of county Commissioners or by the cabinet of the state within the next meetings of the City Commission taking place after the date the City Commission is notified of such appointment, then said appointee shall be deemed confirmed by the City Commission. If, however, any such appointee is rejected by the City Commission within the aforementioned period, then the board of County Commissioners and/or the cabinet of the state shall have a period of ten days, after being notified of the rejection, in which to appoint a replacement, who shall be again subject to confirmation by the City Commission. In the event that the appointee is, again, rejected by the City Commission, then the board of directors of the Authority shall have the right to fill the vacant position(s) in the manner provided in subsection (6). (6) In the event that the board of County Commissioners or the cabinet of the state fails to appoint a member within 30 days from the date that the nomination is requested by the board of the Authority, or within ten days after being notified of the rejection of a nominee, then the board may appoint proposed members(s) for said positions. The !yH City of Miami Page 6 of 13 File ID: 18186 (Revision: B) Printed on: 1/15/2026 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File ID: 18186 Enactment Number: 14404 proposed members for the county and state seats shall be individuals who, in the opinion of the board, have the necessary qualifications and credentials to represent the board of county Commissioners and/or the cabinet of the state. The appointee(s) shall be submitted to the City Commission for confirmation, and shall be deemed confirmed unless the appointment is rejected by the City Commission within the next two meetings of the City Commission taking place after the date the City Commission is notified of said appointment. In the event of a rejection, the board shall have the right to continue to submit the name of appointee(s) until confirmation by the City Commission. (c) Members shall serve terms of four �. years expiring on August 31 December 31 of the fourth year of their term. Members shall serve a maximum of two (2) consecutive terms. Members shall continue to serve until their successors have been appointed and confirmed. Appointments to fill vacancies shall be for the unexpired term only. Appointments made to fill an unexpired term shall be for the remainder of that term only and shall not count toward the appointee's two (2) term limit. Limitations on terms shall not apply to the members nominated by the Board of County Commissioners of Miami -Dade County, Cabinet of the State, and Miami Dade College and approved by City Commission. (d) In the event that the Authority's boundaries are expanded, the Authority shall recommend the appointment of up to two (2) additional members, one (1) resident and (1) business owner of the newly incorporated area to the Authority. These additional seats shall be created to ensure adequate representation of the interests and needs of property owners, business owners, and residents within the newly incorporated area and must comply with; qualifications of section 14-53. (de) Quorum shall consist of five members. , _ Sec. 14-53. Same —Qualifications of members. (a) Except for the seats to be filled by the City Commission, the board of county Commissioners, or the cabinet of the state, all members of the board shall either (1) reside; Of (2) work; or (3) own (or be the designated representative of the owner of) a business; t r (4) own (or be the designated representative of the owner of) real property in the Downtown district, as described in section 14-27 of this Article 44; and in accordance with Section 14-52 of this Article. For purposes of this section, a person shall be deemed to "own real property" where the person is the owner of the fee simple title, or owns the leasehold interest on the property under a lease having an original term of at least 30 years. All members of the board shall be individuals of outstanding reputation for integrity, responsibility and business ability and acumen. No officer or employee of the City, other than one member of the City Commission, shall be eligible for appointment to the board. (b) Before assuming the duties of the office, each appointed member shall qualify by taking and subscribing to the oath of office required of officials of the City. Sec. 14-54. Same —Meetings; rules and regulations; compensation of members. The board shall adopt and promulgate rules governing its procedures and shall hold regular meetings no less often than once each month, City of Miami Page 7 of 13 File ID: 18186 (Revision: B) Printed on: 1/15/2026 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File ID: 18186 Enactment Number: 14404 except for any month in which the City Commission is not in session. Special meetings may be held when called in the manner provided in the rules procedures of the board. All meetings of the board shall be open to the public. Each member of the board shall serve without compensation. Sec. 14-55. Same —Removal of members. )_Notwithstanding anything in the Code to the contrary, by resolution specifying facts sufficient to advise a board member as to the basis for his or her removal and after reasonable notice to the board member and an opportunity for the member to be heard by the Board, the Authority; may remove a board member: (1) For cause; or (2) Upon the occurrence of an event that causes the member to cease to meet their qualification criteria set forth in sections 14-52 and 14-53; or (3) As otherwise provided by law. For purposes of this section, being absent from three consecutive regular board meetings or from four regular board meetings during a calendar year shall constitute good cause for removal. (b) Notwithstanding anything in the Code to the contrary, in the event a Board member has served ten (10) years, consecutively or non -consecutively, they shall be automatically removed, and the Authority shall fulfill the vacancy within 3 months of the seat's vacancy. However, automatic removal for time served on the Board shall not apply to the members nominated by Board of County Commissioners of Miami -Dade County, Cabinet of the State, and Miami Dade College and approved by City Commission. Sec. 14-56. Same —Powers and duties. (a) The board, subject to the provisions of this article, and subject to other applicable provisions of law, shall have all powers customarily vested in the board of directors of a corporation for profit. It shall exercise supervisory control over the activities of the executive Director and the staff of the downtown development Authority in carrying out the functions authorized by this article. (b) It shall be the duty of the board, and it shall have the power, to do the following; (1) Appoint an executive dDirector; prescribe his/her duties; and fix his/her compensation, which shall be paid from funds available to the Authority. The staff members shall be employed by the executive Director, and shall have no civil service rights or privileges. (2) Prepare an analysis of economic changes taking place in the central business district of the City. r � (3) Study and analyze the impact of metropolitan growth upon the central business district. (4) Plan and propose within the Downtown area, public improvements of all kinds, including renovation, repair, remodeling, reconstruction or other changes in existing buildings which may be necessary or appropriate to the execution of any such plan which in the opinion of the board will aid in the economic growth of the downtown area. (5) To implement as provided in this article any plan of development in the downtown area as shall be necessary to carry out its functions, except that when funds are required the approval of the City Commission is required. City of Miami Page 8 of 13 File ID: 18186 (Revision: B) Printed on: 1/15/2026 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File ID: 18186 Enactment Number: 14404 (6) In cooperation with the planning advisory board and zoning board of the City and the planning department of the City, develop long range plans designed to halt the deterioration of property values in the central business district, and take such steps as may be necessary to persuade property owners to implement such plans to the fullest extent possible. Retain and fix the compensation of legal counsel to advise the board in the proper performance of its duties. The general counsel of the downtown development Authority as authorized in this article shall be a practicing attorney at law admitted to the practice of law in the state. He/she shall represent the Authority in all suits or actions brought by or against the Authority involving the jurisdiction, power, duties, functions or activities of the Authority, or of the City, under the terms of this article. (8) To make and enter into all contracts necessary or incidental to the exercise of its powers and the performance of its duties. Borrow money on a short-term basis to pay expenses of operation following the assessment and levy and prior to collection of the tax herein authorized, and to issue evidences of indebtedness, such loans to be signed by the chairperson and the secretary of the Authority. Prior to the issuance of evidence of indebtedness for such loans, the board shall first present the plan and need therefor and the Commission of the City must approve such evidence of indebtedness by an appropriate resolution. The rate of interest to be paid by the Authority on any such debt shall be the lowest rate of interest available not to exceed six percent per annum. The Authority shall hold the City harmless with respect to any debt created hereunder. (10) The Board shall review and make recommendations to the City of Miami Commission prior to any amendments to this Article being considered by the City of Miami Commission. (7) (9) Sec. 14-57. Same —Additional powers and duties. In addition and supplemental to the powers provided in section 14-56, the Authority;acting through its board, subject to the approval of the Commission of the City as hereinafter set forth, shall have the right, power and Authority to: (1) Acquire by the exercise of the power of eminent domain any real property which it , may deem necessary for its purposes under this article after the adoption by it of a resolution declaring that the acquisition of the real property described therein is necessary for such purposes, subject to the need and plan therefor being first presented to the Commission of the City and its approval evidenced by the adoption of an appropriate resolution. The Authority may exercise the power of eminent domafh in the manner provided in F.S. chs. 73 and 74. Property already devoted to a public use may be acquired in like manner, provided that no real property belonging to the City, the county, the state or any political subdivision thereof may be acquired without its consent. (2) Acquire by purchase or otherwise on such terms and conditions and in such manner as it may deem proper, or by the exercise of the power of eminent domain, subject to the need and plan therefor being first presented to the Commission of the City and its approval evidenced by the adoption of an appropriate resolution, own, convey or otherwise dispose of, lease as lessor or lessee any land and any other property, real or personal, or any rights or interests therein, which it may determine is reasonably necessary for any project (hereafter defined) or purpose of this article; and to grant or acquire licenses, easements and options with respect thereto. City of Miami Page 9 of 13 File ID: 18186 (Revision: B) Printed on: 1/15/2026 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File ID: 18186 Enactment Number: 14404 (3) Improve land, construct, reconstruct, equip, improve, maintain, repair and operate office buildings and any necessary or desirable appurtenances thereto, within the boundaries of the Authority for the housing in whole or in part of federal, state, county or municipal governmental entities or any agencies thereof or any other person or corporation or any combination of the foregoing (each such office building being herein called a "project"), subject to the need and plan therefor being first presented to the mayor and Commission of the City and its approval evidenced by the adoption of an appropriate resolution. (4) Fix, charge and collect fees, rents and charges for the use of any project or any part thereof or any facilities furnished thereby, or property under its control and to pledge such revenue to the payment of revenue bonds issued by it, subject to the need and plan therefor being first presented to the mayor and Commission of the City and its approval evidenced by the adoption of an appropriate resolution. Lease as lessor any project, projects or property under its control or any part thereof and charge rentals for the use thereof sufficient with any other available revenues to pay the principal of and the interest on the revenue bonds issued to pay the cost of any such project or projects, subject to the need and plan therefor being first presented to the mayor and Commission of the City and its approval evidenced by the adoption of an appropriate resolution. (6) Accept grants and donations of any type of property, labor, or other thing of value from any public or private source. Receive the proceeds of the tax referred to in this article, subject to the Commission of the City approving the millage assessment as provided therein. (8) Receive the revenues from any property, project or facility owned, leased, licensed, or operated by it or under its control, subject to the limitations imposed upon it by trusts or other agreements validly entered into by it. (9) Cooperate and enter into agreements with any governmental agency or other public body, subject to the need and plan therefor being first presented to the Commission of the City and its approval evidenced by the adoption of an appropriate resolution. (10) Make or receive from the municipality or the county in which the Authority is located conveyances, leasehold interests, grants, contributions, loans and other rights and privileges, subject to the need and plan therefor being first presented to the Commission of the City and its approval evidenced by the adoption of an appropriate resolution. (11) Subject to the need and plan therefor being first presented to the Commission of he City and its approval evidenced by the adoption of an appropriate resolution approving such plan, issue, negotiate and sell, in accordance with the applicable provisionssiof the laws of the state, except as otherwise herein provided, revenue bonds of the Authority, payable solely from revenues, to pay all or any part of the cost of any project, projects or purpose of this article upon such terms and conditions, manner and form, and having such details, conditions and provisions as shall be determined by resolution of the Authority not inconsistent with the provisions hereof, and to secure such revenue bonds by a trust agreement by and between the Authority and a bank or trust company having trust company powers within or without the state, provided that any such revenue bonds shall mature at such time or times not later than 40 years from their date and shall bear interest at a rate or rates not exceeding six percent per annum; to take all steps deemed by it necessary or expedient for efficient preparation and marketing of the revenue bonds at public sale upon ten days' published notice in (5) (7) City of Miami Page 10 of 13 File ID: 18186 (Revision: B) Printed on: 1/15/2026 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File ID: 18186 Enactment Number: 14404 the municipality where the Authority is located or with the approval of the Commission of the City at private sale, at the best price obtainable, including the entry into binding agreements with corporate trustees, underwriters, and the holders of the revenue bonds, and the employment and payment, as a necessary expense of issuance, for the services of consultants on valuations, costs and feasibility of undertaking, revenues to be anticipated and other financial matters, architecture, engineering, legal matters, accounting matters, and any other fields in which expert advice may be needed to effectuate advantageous issuance and marketing; and such bonds shall be governed by the following conditions: a. Any revenue bonds issued under the provisions of this section shall not be deemed to be a debt of the City, the county in which it is located, or the state, or a pledge of the faith and credit of the City, county or state; but such bonds shall be payable solely from the revenues pledged for their payment as authorized herein. The City establishing such Authority, the county in which it is located, and the state are not directly or indirectly obligated to pay the principal of or the interest on the bonds, and the faith and credit of the City is not pledged to the payment of such principal or interest; and all such bonds shall contain this statement on their face. The issuance of revenue bonds under the provisions of this section shall not, directly or indirectly or contingently, obligate the City, county or state to levy or to pledge any form of taxation whatever therefor, or to make any appropriation for their payment. b. All revenue bonds issued pursuant hereto shall be negotiable instruments for all purposes. (12) Exercise all powers incidental to the effective and expedient exercise of the foregoing powers to the extent not in conflict herewith or inconsistent herewith. Sec. 14-58. Employees generally. (a) The board shall employ and fix the compensation, subject to the approval of the City Commission, of the executive Director of the board, who shall serve at the pleasure of the board. The executive Director shall be a person of good moral character and possessed of a reputation for integrity, responsibility and business ability. No member of the board shaU be eligible to hold the position of executive Director. Before entering upon the duties of his/her office, the executive director shall take and subscribe to the oath and furnish bond as required of members of the board. He/she shall be the chief executive officer of the Downtown Development Authority and shall devote his/her entire time and attention to the duties of his/her office. He/she shall not, while serving as executive Director, engage in ny other business or profession. Subject to the approval of the Board, and direction by it when necessary, he/she shall have general supervision over and be responsible for the: ,'; preparation of plans and the performance of the functions of the Authority in the manner authorized in this article. He/she shall attend all meetings of the board and shall render to the board, the mayor and to the City Commission, a monthly report covering the activities and financial condition of the Authority. In the absence or disability of the executive Director, the Board may designate a qualified person to perform the duties of the office as acting executive The executive -Director shall furnish the board with such information or reports governing the operation of the Authority as the board may from time to time require. (b) Subject to the approval of the board, the executive Director shall employ and fix the compensation of: (1) A treasurer, who shall keep the financial records of the Authority and who, together with the executive Director, shall perform such other duties as may be delegated to him/her by the board. At the discretion of the board, the functions of the treasurer may City of Miami Page 11 of 13 File ID: 18186 (Revision: B) Printed on: 1/15/2026 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File ID: 18186 Enactment Number: 14404 be performed by an outside professional retained and approved by the board for these purposes. (2) A secretary, who shall maintain custody of the official seal and of all records, books, documents or other papers not required to be maintained by the treasurer. The secretary shall attend all meetings of the board and keep a record of all its proceedings. The secretary shall perform such other duties as may be delegated by the board. Such clerical, technical and professional assistance, including, but not limited to, engineering, planning, economic research and other fields, as shall in the opinion of the board be necessary to provide for the efficient performance of the functions of the board. (3) Sec. 14-59. Annual budget; source of funds. (a) No later than 30 days prior to the date the City Commission establishes the millage rate for the City, the exesutive- Director shall prepare for the approval of the board a budget for the operation of the downtown development Authority for the ensuing fiscal year. The budget shall be prepared in the same manner as required of all departments of the City. When approved by the board it shall not require approval of any officer or body of the City other than the City Commission. No funds of the City may be included in the budget of the Authority except those funds authorized in this article. (b) The operations of the downtown development Authority shall be principally financed from the following sources and such other sources as may be approved by the City Commission: (1) Donations to the Authority for the performance of its functions. (2) Proceeds of an ad valorem tax, not exceeding 0.4750 mills per dollar valuation 7of property in the downtown area designated by the City Commission. Money borrowed and to be repaid from other funds received under the Authority of this article which shall include federal funds, contributions and funds derived from the millage authorized to be levied under this article. Sec. 14-60. Annual ad valorem tax levy in downtown district; disposition of funds. The City Commission is authorized to levy an additional ad valorem tax on all rea! and personal property in the downtown district as described in this article, not exceeding 0:-4750 :I mills on the dollar valuation of such property, for the purpose of financing the operation of the downtown development Authority. This levy of 0.4750 mills per dollar ad valorem tax shall be in addition to the regular ad valorem taxes and special assessments for improvements imposed by the City Commission. The tax collector shall transmit funds so collected to the appropriate officer of the City responsible for the handling of the public money who shall deposit the same in the City treasury to the credit of the Authority. Such money shall be used for no purpose other than those purposes authorized in this article and, upon approval of the board, pursuant to vouchers signed by a minimum of two authorized signatories of the Authority, who shall be the executive Director and one member of the Board of directors, or two members of the Board of directors. The funds of the Authority shall be secured as other public funds are secured. Other money received by the Authority shall forthwith be deposited in the City treasury to the credit of the Authority, subject to disbursement as authorized in this article. The City shall not obligate itself nor shall it ever be obligated to pay any sums from general public funds, or from any public funds other than money received pursuant to section 14-59 for or on account of any of the activities of the Authority. (3) City of Miami Page 12 of 13 File ID: 18186 (Revision: 8) Printed on: 1/15/2026 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File ID: 18186 Enactment Number: 14404 Sec. 14-61. Assessment of funds for handling and auditing by City. The City Commission shall have the power to assess against the funds of the downtown development Authority, for the use and benefit of the general fund of the City, a reasonable pro rata share of such funds for the cost of handling and auditing, which assessment when made shall be paid annually by the board pursuant to an appropriate item in its budget. Sec. 14-62. Conflicts of interest of board members, employees, etc. No board member nor any employee of the board shall vote or otherwise participate in any matter in which he/she has a financial interest, either direct or indirect. When such interest shall appear, it shall be the duty of the Board member, or employee, to make such interest known and he/she shall thenceforth refrain from voting on or otherwise participating in the particular transaction involving such interest. Willful violation of the provisions of this section shall constitute malfeasance on the part of a member of the board, and shall be grounds for instant dismissal of any employee. Any transaction involving a conflict of interest, wherein a violation of this section is involved, may be rendered void at the option of the Board." Section 3. If any section, part of a section, paragraph, clause, phrase, or word of this Ordinance is declared invalid, the remaining provisions of this Ordinance shall not be affected. Section 4. This Ordinance shall become effective ten (10) days upon final reading and adoption thereof.2 APPROVED AS TO FORM AND CORRECTNESS: g 111 C y ttor y 10/14/2025 Wy j ng III, C y - or y 1/14/2026 1- a 2 This Ordinance shall become effective as specified herein unless vetoed by the Mayor within ten (10) days from the date it was passed and adopted. If the Mayor vetoes this Ordinance, it shall become effective immediately upon override of the veto by the City Commission or upon the effective date stated herein, whichever is later. City of Miami Page 13 of 13 File ID: 18186 (Revision: B) Printed on: 1/15/2026 City of Miami Legislation Ordinance File Number: 18186 SUBSTITUTED Final Action = t AN ORDINANCE OF THE MIAMI CITY COMMISSION AMENDING CHAPTER 14/ARTICLE II OF THE CODE OF ORDINANCES OF THE CITY OF MIAMI, ' ORIDA, AS AMENDED ("CITY CODE"), TITLED "DOWNTOWN DEVELOPMENT/D'i NTOWN DISTRICT," MORE PARTICULARLY BY AMENDING DIVISION 1, TITL "GENERALLY," TO DEFINE RESIDENCY IN THE DOWNTOWN DEV OPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("AUTHORITY") A 1 BY AMENDING DIVISION 2, TITLED "DOWNTOWN DEVELOPMENT UTHORITY," TO AMEND THE COMPOSITION OF THE DOWNTOWN DEVELOP NT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("AUTHORITY'S") BOAR I •F DIRECTORS AND VARIOUS AMENDMENTS, INCLUDING BUT NOT LIMITED •, THE AUTHORITY'S DEFINITIONS, POWERS AND DUTIES, AND REMOVAL • MEMBERS; CONTAINING A SEVERABILITY CLAUSE; AND PROVI ' G FOR AN EFFECTIVE DATE. WHEREAS, Chapter 14 of the Code of Ordinan of the City of Miami, Florida, as amended ("City Code"), has not been revised or upda d since 1998; and WHEREAS, Chapter 14 of the City Code • - erns the Downtown Development Authority of the City of Miami, Florida ("Miami DDA"); and WHEREAS, District 4 Commissioner he appointed Chairman of the Miami DDA seeks to update the City Code goveming the Mi- i DDA; and WHEREAS, the City Commis '•n after careful consideration of the proposed updates deems it advisable and in the best i ' erest of the general welfare of the City of Miami ("City") and its residents and visitors to a -nd Chapter 14 of the City Code; NOW, THEREFORE, ' IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The citals and findings contained in the Preamble to this Ordinance are adopted by reference - nd incorporated as if fully set forth in this Section. Section 2. hapter 14/Article II of the City Code is hereby amended in the following particulars.' "DOWNTOWN DEVELOPMENT ARTICLE II. DOWNTOWN DISTRICT 1 Words and/or figures stricken through shall be deleted. Underscored words and/or figures shall be added. The remaining provisions are now in effect and remain unchanged. Asterisks indicate -omitted �d unchanaed material. City of Miami File ID: 18186 (Revision: A) Pdnted.On: 1014/2025 1 J SUBSTITUTED DIVISION 1. GENERALLY Sec. 14-26. Definitions. For the purposes of this Article, the following words and phrases shall have the meanings respectively ascribed to them by this section: Authority: The Downtown Development Authority, the body corporate hereby create ' by this article, known as the Downtown Development Authority board of the City. Board: The governing body of the Authority selected as herein provided. Central business district: The area in the City to which this article primaril elates, zoned and used principally for business. Director: The chief executive officer of the Authority selected by the oard as herein provided. Downtown: A specifically defined area or zone of the City in t established by the City. Governing body: The Commission of the City. central business district, Planning board: The department or agency of the , by whatever name such department or agency may be known, which is chiefly responsible • r community planning. Public facility: Any street, park, parking lot, p ground, right-of-way, structure, waterway, bridge, lake, pond, canal, utility line or pipe, buil ' g, including access routes to any of the foregoing designed and dedicated to use by t - public generally, or used by any public agency with or without charge, whether or not the s e is revenue producing. Reside or Resident: An owner of a Article which said ro • e is the ow e located within Downtown as defined in this 's homestead. Sec. 14-27. Boundaries designat The Downtown District de ribed as follows shall be under the jurisdiction and control of the Downtown Development thority: Begin at the interse '•n of the centerline of NW 5th Street and NW 3rd Avenue (east of I- 95); thence run so erly along the centerline of NW 3rd Avenue and the easterly side of I- 95 to the centerli of West Flagler Street; thence westerly along the centerline of said West Flagler S -et to the centerline of the Miami River; thence meandering so}itheasterly along the ce -rline of said Miami River to a point of intersection with the westerly Right -of - Way line of 1 etro Rapid Transit Right -of -Way (formerly Florida East Coast (FEC) Railroad Right -of- ay) said Right -of -Way line being 50 feet westerly of and parallel with the centerf of said Metro Rapid Transit Right -of -Way; thence run southerly and sout esterly along said westerly Right -of -Way line of Metro Rapid Transit to the into ection with the centerline of SW 15th Road; thence southeasterly along the centerline o 5th Road to a point of intersection with the southerly prolongation of the westerly line of osta Bella Development Subdivision (107-14); thence northeasterly, northwesterly, and northeasterly along said westerly line of Costa Bella to the intersection with the southerly Right -of -Way line of SE 14th Lane; thence southeasterly, northeasterly, northerly, and northwesterly along said southerly and easterly Right -of -Way line of SE 14th Lane and SE 14th Terrace to the intersection with the northwesterly property line of Lot 31, Block 2 of Amended plat of Point View as recorded in Plat Book 2 at Page 93 of the public records of City of Miami File ID: 18186 (Revision: A) Printed On: 10/14/2025 SUBSTITUTED Miami -Dade County, Florida; thence northeasterly along the northwesterly line of said Lot 31, to the northeasterly side of the existing ten -foot alley in Block 2 of said Point View; thence southeasterly along the northeasterly side of said ten -foot alley to the intersection with the property line between Lots 4 and 5 of said Block 2 of Point View; thence northeasterly along said line of Lots 4 and 5 and its prolongation thereof to the centerline SE 14th Street; thence southeasterly along said centerline of SE 14th Street to a point intersection with the existing bulkhead and shoreline of Biscayne Bay; thence meand = ng northerly along the existing bulkhead and shoreline of Biscayne Bay to a point of intersection with the southerly boundary of Claughton Island Bridge; thence east the said southerly Right -of -Way line of Claughton Island Bridge to the intersecti westerly bulkhead line of Claughton Island, said bulkhead line being part of t Dade County bulkhead line as recorded in Plat Book 73 at Page 18 of the Miami -Dade County, Florida; thence southerly, easterly, northerly, and w said existing bulkhead and its westerly prolongation thereof around the intersection with the mainland on the easterly shoreline of Biscayne meandering in a northwesterly and westerly direction along the sho and the Miami River to the intersection with the easterly Right -of - Rapid Transit line of Brickell Avenue Bridge (SE 2nd Avenue); bridge to the existing bulkhead on the corner of said Lot 1; th 10 foot -wide alley to the northeasterly corner of Lot 6 of BI recorded in Plat Book 5 at Page 4 of the public records o thence northwesterly along the northerly line of said lot its intersection with the centerline of Sevilla Street (N amended (5- 4); thence southwesterly along the ce Avenue) to its intersection with the centerline of Miramar amended (5-4); thence northerly alon Street); thence northerly along the centerline centerline of NE 19th Street; thence weste point of intersection with southerly exten Miramar amended as recorded in plat Dade County, Florida; thence northe thereof to the southerly lot line of of the public records of Miami-D line of Lot 8 to the southeast c line of Lot 8 to the southerly southerly Right -of -Way lin line of Lot 7 of said Cor and its extension ther northerly lot line of L easterly lot line of Page 40 of the p easterly lot lin northeast co Terrace to thence then Sub along with the Miami- lic records of terly, following and to the y; thence ine of Biscayne Bay ay line of the Metro ence north along said ce northwesterly across a 8 of Miramar amended as iami-Dade County, Florida; and its northwesterly extension to 4th Avenue) of said Miramar erline of said Sevilla Street (NE 4th dado Street (NE 4th Avenue) of said e centerline of NE 4th Avenue (Vedado NE 4th Avenue to its intersection with the along the centerline of NE 19th Street to a n of the easterly lot line of Lot 4 of Block 1 of ok 5 at page 4 of the public records of Miami - along the easterly lot line of Lot 4 and its extension 8 of Coral Park as recorded in Plat Book 2 at Page 66 e County, Florida; thence easterly along the southerly lot er of said Lot 8; thence northerly along the easterly Lot ght-of-Way line of NE 2Oth Street; thence easterly along the f NE 2Oth Street to the southerly extension of the easterly lot, ark (2-66); thence northerly along the easterly lot line of Lot 7 to the northeast corner of Lot 7; thence westerly along the 7 to a point of intersection with the southerly extension of the t 7 of Block 4 of Bayside Park amended as recorded in Plat Book 2rat is records of Miami -Dade County, Florida; thence northerly along the Lot 7 and its extension thereof across a 15-foot-wide alley to the er of Lot 7; thence continuing northerly across the Right -of -Way of NE 2Oth e southeast corner of Lot 7 of Block 1 of Bayside Park amended (2-40); •:' herly along the easterly lot line of Lot 7 to the northeast corner of said Lott; cross a 15-foot-wide alley to the southeast corner of Lot 5 Block 3 of Bayonne ision as recorded in Plat Book 2 at page 35 of the public records of Miami -Dade C• ty, Florida; thence northerly along the easterly Lot line of Lot 5, and the northerly ension of its easterly lot line thereof, to the centerline of NE 21st Street; thence easterly long the centerline of NE 21st Street to a point of intersection with the southerly extension of the easterly lot line of Lot 3 of Block 1 of Bayonne Subdivision (2-35); thence northerly along the easterly lot line and its extension thereof, to the southerly lot line of tract A of Caruso Subdivision as recorded in Plat Book 79 at page 23 of the public records of Miami - Dade County, Florida; thence easterly along the southerly tract line of tract A to the southerly extension of the easterly Right -of -Way line of NE 4th Avenue; thence northerly City of Miami File ID: 18186 (Revision: A) Printed On: 10//14/2025 SUBSTITUTED d line g along of Chopin to the terly and rk Miamarina to A-1-A (Douglas y of said Douglas y line of the submerged parcel of dary survey of NW neous file 61-398); thence astal Waterway to a point of of the Miami main ship channel, esterly bulkhead line of Watson ay line of Douglas MacArthur northeasterly, southeasterly, and W quadrant of Watson Island to the son Island, said comer being on the carthur Causeway; thence northwesterly e to the northwest corner of said NW quadrant e southerly Right -of -Way line of the state road the bulkhead line of Biscayne Bay; thence cayne Bay to a point of intersection with the d easterly; thence westerly along the centerline of NE of to a point of intersection with the centerline of North ; along the centerline of North Bayshore Drive to its' of NE 17th Terrace; thence northwesterly along the e to its intersection with the southwesterly extension of the , of block 1 of Seaport as recorded in Plat Book 149 at 7911 th ade County, Florida; thence northeasterly along the norjhwesterly it's said southwesterly extension thereof, to the southwesterly corner said Seaport (149-79); thence southeasterly and easterly along the id lot 1 and its easterly extension to its intersection with the centerline of rive; thence northeasterly along the centerline of North Bayshore Drive to with the southeasterly extension of the northerly line of said Lot 1 of Block 1 ort (149-79); thence northwesterly along the northerly line of said Lot 1, and its easterly extension thereof, to the northwesterly easterly Right -of -Way fine of the [road; thence southerly along the easterly Right -of -Way line of the FEC Railroad to nterline of NW 5th Street thence westerly along the centerline of NW 5th Street to the po of beginning. All lands situated and Tying in Miami -Dade County, Florida. Sec 4-28. Property subject to ad valorem taxes for payment of City's general obligation debts, et along the easterly Right -of -Way line of NE 4th Avenue and its extension thereof to the centerline of NE 24th Street; thence westerly along the centerline of NE 24th Street to the centerline of NE 2nd Avenue; thence southerly along the centerline of NE 2nd Avenue to the centerline of NE 17th Street; thence westerly along the centerline of NE 17th Street an NW 17th Street to the northerly shoreline of the Miami River; said bulkhead line also bein the southerly boundary of the Dupont Plaza Center and Miami Center joint Venture property; thence northeasterly along the southerly boundary of Dupont Plaza Center Miami Center Joint Venture property to a point of intersection with the easterly prop of Chopin Associates and Miami Center Limited Partnership; said property line b the shoreline of Biscayne Bay; thence northerly along said easterly property lin Associates and Miami Center Limited Partnership property along Biscayne B southerly property line of Bayfront Park; thence continuing northerly, north northwesterly along the bulkhead line of Bayfront Park and the Bayfront P a point of intersection with the southerly Right -of -Way line of State Ro Macarthur Causeway); thence easterly along the southerly Right -of - MacArthur Causeway to its intersection with the easterly Right-of- Intercoastal Waterway, said point also being the westerly line of land of the NW quadrant of Watson Island as shown on the bo quadrant upland and submerged parcel (City of Miami misce southerly along the easterly Right -of -Way line of said Inter intersection of the turning basin limit with the northerly li said point also being approximately 500 feet west of th Island and 1,200 feet southerly of the south Right -of - Causeway, as per O.R.B. 2454, pages 77-79; then northeasterly along the southeasterly line of said most easterly corner of said NW quadrant of southwesterly Right -of -Way line of Douglas and westerly along the said Right -of -Way I of Watson Island; thence westerly along A-1-A (Douglas Macarthur Causeway) northerly along the bulkhead line of centerline of NE 17th Street exten 17th Street and its extension the Bayshore Drive; thence northe intersection with the centerli centerline of NE 17th Terr northwesterly line of Lot public records of Mia line of said Lot 2, an of Lot 1 of Block 1 southerly line of North Bayshor its intersecti of said Se said sou FEC the All real property located within the central business district shall be subject to ad valorem taxes to pay the principal and interest on all existing general obligation debts of the City and any future debts which may be authorized by law. City of Miami File ID: 18186 (Revision: A) Printed On: 1014/2025 SUBSTITUTED Sec. 14-29. Powers of City cumulative. All powers conferred upon the City by this article are and shall be supplemental and in addition to those conferred by any other general or special law and shall be liberally construed to effectuate the purposes hereof. Secs. 14-30-14-50. Reserved. DIVISION 2. DOWNTOWN DEVELOPMENT AUTHORITY Sec. 14-51. Downtown Development Authority created. Pursuant to Laws of Fla., ch. 65-1090, there is hereby created the downtown -velopment Authority of the City, which Authority shall be a body corporate with the power to -ue and be sued in all the courts of the state and shall have its own corporate seal. Sec. 14-52. Downtown Development Authority Board —Composition; appoi ► ent and terms of office of members and executive board; filling of vacancies. (a) The affairs of the Authority shall be under the direct supervision - control of a board consisting of 4517 members, appointed, and confirmed, by the ' ity Commission in the manner indicated in subsection (b) below. (b) The Board shall be constituted by 4517 members as folio (1) The City Commission, at large, shall appoint one to be the chairperson of the board and the 157t Board. The chairperson of the Authority shall chairperson(s) to the various committees w establish from time to time. (2) One member may be appointed by the ',oard of County Commissioners of Miami - Dade County and submitted to the Ci Commission for confirmation. (3) One member may be appointed b e cabinet of the state and submitted to the City Commission for confirmation. (4) One member mav be appoin Commission for confirmati (45) Autho me is City Commissioners membo c ember thereof of the Authority's e the power to appoint the the Authority shall have the power to by the Miami Dade College and submitted to the City The remaining 13 members shall be appointed by the Board of the and submitted to the City Commission for confirmation. Each of the 13 ers shall be designated as follows: City of Miami I. One (1) resident of Brickell district, which may be defined by the Authority II. One (1) resident of the Central Business District III. One (1) resident of the Arts and Entertainment district, which may be defined by the Authority IV. One (1) business owner in Brickell district, which mav be defined by the Authority. V. One (1) business owner in the Central Business District File ID: 18186 (Revision: A) Printed On: 10/14/2025 (5) SUBSTITUTED VI. One (1) business owner in the Arts and Entertainment district, which may be defined by the Authority VII. One (1) representative of a major stakeholder within the boundaries of the Authority VIII. One (1) individual employed in the sports and entertainment industry IX. One (1) representative of Flaqler Street X. One (1) individual that works in land use, zoning, or transportation Xl. One (1) individual that is employed in the arts and culture busin:.s/industry XII. Two (2) at -large members of Downtown At least forty (40%) of Authority appointees must be residents of Do ntown. The Board shall continue to include at least one (1) member from eac ub-district created by the Authority from time to time. A proposed member shall no se considered a member of the Board until confirmed by the City Commission the event an appointee is rejected by the City Commission, the Board sh appoint a successor consistent with the above categories until all thirteen (13) ' -ats are filled with appointees who are confirmed by the City Commission. In the event the City Commission does not reject a p,posed member appointed by the board of county Commissioners or by the cabi t of the state within the next two meetings of the City Commission taking place a r the date the City Commission is notified of such appointment, then said appoin e shall be deemed confirmed by the City Commission. If, however, any such app• tee is rejected by the City Commission within the aforementioned period, then the •oard of County Commissioners and/or the cabinet of the state shall have a period • en days, after being notified of the rejection, in which to appoint a replacement, wh • hall be again subject to confirmation by the City Commission. In the event that t appointee is, again, rejected by the Citji Commission, then the board of dir: ors of the Authority shall have the right to fill the vacant position(s) in the manner . rovided in subsection (6). (6) In the event that the board of ' ounty Commissioners or the cabinet of the state fails to appoint a member within 31 says from the date that the nomination is requested by the board of the Authority sr within ten days after being notified of the rejection of a nominee, then the boar may appoint proposed members(s) for said positions. The proposed members f• the county and state seats shall be individuals who; in the j opinion of the boar• have the necessary qualifications and credentials to represent the board of cou Commissioners and/or the cabinet of the state. The appointee(s) shall be submi, d to the City Commission for confirmation, and shall be deemed confirmed un ss the appointment is rejected by the City Commission within the next two meetin - - of the City Commission taking place after the date the City Commission is notifies •f said appointment. In the event of a rejection, the board shall have the right to ontinue to submit the name of appointee(s) until confirmation by the City Com ► ssion. (c) Memb shall serve terms of four u years expiring on December 31 of the fourth year of their rm. Members shall serve a maximum of two (2) consecutive terms. eight Members shall continue to serve until their successors have been appointed and confirmed. Appointments to fill vacancies shall be for the unexpired term only. Appointments made to fill an unexpired term shall be City of Miami File ID: 18186 (Revision: A) Printed On: 10/14/2025 SUBSTITUTED for the remainder of that term only and shall not count toward the appointee's two (2) term limit. Limitations on terms shall not apply to the members nominated by the Board of County Commissioners of Miami -Dade County, Cabinet of the State, and Miami Dade College and approved bv City Commission. (d) In the event that the Authority's boundaries are expanded, the Authority shall recommen' the appointment of up to two (2) additional members, one (1) resident and (1) busines owner of the newly incorporated area to the Authority. These additional seats shall b' created to ensure adequate representation of the interests and needs of property • ners, business owners, and residents within the newly incorporated area and must co r • Iv with qualifications of section 14-53. (de) Quorum shall consist of five members. Sec. 14-53. Same —Qualifications of members. (a) Except for the seats to be filled by the City Commission, the board Commissioners, or the cabinet of the state, all members of the b Of (2) work; or (3) own (or be the designated representative of t (4) own (or be the designated representative of the owner of) Downtown district, as described in section 14-27 of this Art' Section 14-52 of this Article. For purposes of this section "own real property" where the person is the owner of th leasehold interest on the property under a lease havi years. All members of the board shall be individual responsibility and business ability and acumen. than one member of the City Commission, shal (b) Before assuming the duties of the office, ea and subscribing to the oath of office requi county d shall either (1) reside; owner of) a business; or al property in the e 417 and in accordance with person shall be deemed to fee simple title, or owns the an original term of at least 30 f outstanding reputation for integrity, officer or employee of the City, other e eligible for appointment to the board. appointed member shall qualify by taking of officials of the City. Sec. 14-54. Same —Meetings; rules and re• ations; compensation of members. The board shall adopt and promulgrules goveming its procedures cubjeet-te-approval and shall hold -gular meetings no less often than once each month, except for any month in which the Ci ► Commission is not in session. Special meetings may be held when called in the manner pr• ded in the moles -procedures of the board. All meetings of the board shall be open to the p ic. Each member of the board shall serve without compensation. Sec. 14-55. Same—Removof members. jNotwithstanding ything in the Code to the contrary, by resolution specifying facts - sufficient to advise a b• =rd member as to the basis for his or her removal and after reasonable notice to the board mber and an opportunity for the member to be heard bv the Board, the, Authority; may remove a board member: (1) For - - se; or (2) Upthe occurrence of an event that causes the member to cease to meet their lification criteria set forth in sections 14-52 and 14-53; or (3) As otherwise provided by law. r purposes of this section, being absent from three consecutive regular board meetings or •m four regular board meetings during a calendar year shall constitute good cause for r: oval. (b) Notwithstanding anything in the Code to the contrary, in the event a Board member has served ten (10) years, consecutively or non-consecutivelv, they shall be automatically removed, and the Authority shall fulfill the vacancy within 3 months of the seat's vacancy. However, City of Miami File ID: 18186 (Revision: A) Printed On: 1014✓2025 SUBSTITUTED (9) (7) automatic removal for time served on the Board shall not apply to the members nominated by Board of County Commissioners of Miami -Dade County, Cabinet of the State, and Miami Dade College and approved by City Commission. Sec. 14-56. Same —Powers and duties. (a) The board, subject to the provisions of this article, and subject to other applicable provisions of law, shall have all powers customarily vested in the board of directors of corporation for profit. It shall exercise supervisory control over the activities of the Director and the staff of the downtown development Authority in carrying out the f ctions authorized by this article. (b) It shall be the duty of the board, and it shall have the power, to do the follow (1) Appoint an oxeeutive-dDirector; prescribe his/her duties; and fix his/ r compensation, which shall be paid from funds available to the Authority. The staff embers shall be employed by the executive Director, and shall have no civil servi - - rights or privileges. (2) Prepare an analysis of economic changes taking place in the ntral business district of the City. Study and analyze the impact of metropolitan growth up• the central business district. (4) Plan and propose within the Downtown area, publi provements of all kinds, including renovation, repair, remodeling, reconst tion or other changes in existing buildings which may be necessary or appropria to the execution of any such plan which in the opinion of the board will aid in the economic growth of the downtown area. (3) (5) To implement as provided in this article , y plan of development in the downtown area as shall be necessary to carry ou s functions, except that when funds are required the approval of the City Co ission is required. (6) In cooperation with the planning - -visory board and zoning board of the City and the planning department of the Ci •evelop long range plans designed to halt the deterioration of property valu: - in the central business district, and take such steps as may be necessary to persu .e property owners to implement such plans to the fullest extent possible. Retain and fix the co ensation of legal counsel to advise the board in the proper performance of its d les. The general counsel of the downtown development Authority as autho- ed in this article shall be a practicing attorney at law admitted to the practice of I. in the state. He/she shall represent the Authority in all suits or actions broug •y or against the Authority involving the jurisdiction, power, duties, functions or tivities of the Authority, or of the City, under the terms of this article. (8) To make d enter into all contracts necessary or incidental to the exercise of its powers : nd the performance of its duties. Borrmoney on a short-term basis to pay expenses of operation following the a -ssment and levy and prior to collection of the tax herein authorized, and to issue dences of indebtedness, such loans to be signed by the chairperson and the secretary of the Authority. Prior to the issuance of evidence of indebtedness for such loans, the board shall first present the plan and need therefor and the Commission of the City must approve such evidence of indebtedness by an appropriate resolution. The rate of interest to be paid by the Authority on any such debt shall be the lowest rate of interest available not to exceed six percent per annum. The Authority shall hold the City harmless with respect to any debt created hereunder. City of Miami File ID: 18186 (Revision: A) Pointed On: 10/14/2025 SUBSTITUTED (10) The Board shall review and make recommendations to the City of Miami Commission prior to any amendments to this Article being considered by the City of Miami Commission. Sec. 14-57. Same —Additional powers and duties. In addition and supplemental to the powers provided in section 14-56, the Authority a through its board, subject to the approval of the Commission of the City as hereinafter se • rth, shall have the right, power and Authority to: (1) Acquire by the exercise of the power of eminent domain any real property - ich it may deem necessary for its purposes under this article after the adoptio •y it of a resolution declaring that the acquisition of the real property described t, -rein is necessary for such purposes, subject to the need and plan therefor • ng first presented to the Commission of the City and its approval evidence, •y the adoption of an appropriate resolution. The Authority may exercise the power eminent domain in the manner provided in F.S. chs. 73 and 74. Property already • voted to a public use may be acquired in like manner, provided that no real prope - belonging to the City, the county, the state or any political subdivision thereof m. •e acquired without its consent. (2) Acquire by purchase or otherwise on such terms and - • nditions and in such manner as it may deem proper, or by the exercise of the po - r of eminent domain, subject to the need and plan therefor being first presented t• he Commission of the City and its approval evidenced by the adoption of an appr• - iate resolution, own, convey or otherwise dispose of, lease as lessor or Jesse ' any land and any other property, real or personal, or any rights or interests therei ' , which it may determine is reasonably necessary for any project (hereafter defin - .) or purpose of this article; and to grant or acquire licenses, easements and optio . with respect thereto. Improve land, construct, reconstruct quip, improve, maintain, repair and operate office buildings and any necessa •r desirable appurtenances thereto, within the boundaries of the Authority for t housing in whole or in part of federal, state, county or municipal governmental en ' es or any agencies thereof or any other person or corporation or any combinat . of the foregoing (each such office building being herein called a "project"), . • ject to the need and plan therefor being first presented to the mayor and Commis '•n of the City and its approval evidenced by the adoption of, an appropriate resolut' (4) Fix, charge and col ct fees, rents and charges for the use of any project or any part thereof or any fa ' ties furnished thereby, or property under its control and to pledge such revenue t• he payment of revenue bonds issued by it, subject to the need and plan therefor 'ng first presented to the mayor and Commission of the City and its approval e enced by the adoption of an appropriate resolution. Lease a essor any project, projects or property under its control or any part thereof and c - rge rentals for the use thereof sufficient with any other available revenues to pay e principal of and the interest on the revenue bonds issued to pay the cost of a such project or projects, subject to the need and plan therefor being first esented to the mayor and Commission of the City and its approval evidenced by the adoption of an appropriate resolution. Accept grants and donations of any type of property, labor, or other thing of value from any public or private source. Receive the proceeds of the tax referred to in this article, subject to the Commission of the City approving the millage assessment as provided therein. (3) (5) (7) City of Miami File ID: 18186 (Revision: A) Printed On: 10/14/2025 SUBSTITUTED (8) Receive the revenues from any property, project or facility owned, leased, licensed, or operated by it or under its control, subject to the limitations imposed upon it by trusts or other agreements validly entered into by it. (9) Cooperate and enter into agreements with any govemmental agency or other public body, subject to the need and plan therefor being first presented to the Commissio the City and its approval evidenced by the adoption of an appropriate resolution. (10) Make or receive from the municipality or the county in which the Authority is lo• =ted conveyances, leasehold interests, grants, contributions, loans and other righ . and privileges, subject to the need and plan therefor being first presented to th Commission of the City and its approval evidenced by the adoption of a : ppropriate resolution. (11) Subject to the need and plan therefor being first presented to the C City and its approval evidenced by the adoption of an appropriate such plan, issue, negotiate and sell, in accordance with the ap the laws of the state, except as otherwise herein provided, re Authority, payable solely from revenues, to pay all or any p project, projects or purpose of this article upon such term and form, and having such details, conditions and prov by resolution of the Authority not inconsistent with th such revenue bonds by a trust agreement by and b trust company having trust company powers with' any such revenue bonds shall mature at such f from their date and shall bear interest at a ra annum; to take all steps deemed by it nece and marketing of the revenue bonds at p the municipality where the Authority is of the City at private sale, at the best agreements with corporate trustee bonds, and the employment and the services of consultants on revenues to be anticipated a matters, accounting matter needed to effectuate adv govemed by the follow mission of the esolution approving ble provisions of nue bonds of the of the cost of any and conditions, manner ons as shall be determined rovisions hereof, and to secure een the Authority and a bank or or without the state, provided that e or times not later than 40 years or rates not exceeding six percent per ary or expedient for efficient preparation lic sale upon ten days' published notice in ted or with the approval of the Commission rice obtainable, including the entry into binding underwriters, and the holders of the revenue yment, as a necessary expense of issuance, for uations, costs and feasibility of undertaking, other financial matters, architecture, engineering, legal , and any other fields in which expert advice may be tageous issuance and marketing; and such bonds shall be g conditions: a. Any revenue bond - issued under the provisions of this section shall not be deemed to be a debt of t City, the county in which it is located, or the state, or a pledge of the faith and c dit of the City, county or state; but such bonds shall be payable - solely from trevenues pledged for their payment as authorized herein. The Cq establishi , such Authority, the county in which it is located, and the state are rrot directly • indirectly obligated to pay the principal of or the interest on the bonds, and the fai and credit of the City is not pledged to the payment of such principal or •' inter t; and all such bonds shall contain this statement on their face. The issu, ce of -venue bonds under the provisions of this section shall not, directly or indirectly contingently, obligate the City, county or state to levy or to pledge any form of axation whatever therefor, or to make any appropriation for their payment. All revenue bonds issued pursuant hereto shall be negotiable instruments for all purposes. (12) Exercise all powers incidental to the effective and expedient exercise of the foregoing powers to the extent not in conflict herewith or inconsistent herewith. ec. 14-58. Employees generally. (a) The board shall employ and fix the compensation, subject to the approval of the City Commission, of the exesut►ve Director of the board, who shall serve at the pleasure of the City of Miami File ID: 18186 (Revision: A) Printed On: 10/14/2025 SUBSTITUTED board. The executive Director shall be a person of good moral character and possessed of a reputation for integrity, responsibility and business ability. No member of the board shall be eligible to hold the position of executive -Director. Before entering upon the duties of his/her office, the executive director shall take and subscribe to the oath and furnish bond as required of members of the board. He/she shall be the chief executive officer of the Downtown Development Authority and shall devote his/her entire time and attention to e duties of his/her office. He/she shall not, while serving as executive Director, engage ' any other business or profession. Subject to the approval of the Board, and direction by when necessary, he/she shall have general supervision over and be responsible for th preparation of plans and the performance of the functions of the Authority in the anner authorized in this article. He/she shall attend all meetings of the board and s - I render to the board, the mayor and to the City Commission, a monthly report coverin ' he activities and financial condition of the Authority. In the absence or disability of the Director, the Board may designate a qualified person to perform the du . s of the office as acting executive -Director. The executive -Director shall furnish the bo- with such information or reports goveming the operation of the Authority as t board may from time to time require. (b) Subject to the approval of the board, the executive Director s employ and fix the compensation of: (1) A treasurer, who shall keep the financial records of Authority and who, together with the executive Director, shall perform such of duties as may be delegated to him/her by the board. At the discretion of the bo •, the functions of the treasurer may be performed by an outside professional retai d and approved by the board for these purposes. (2) A secretary, who shall maintain custody • the official seal and of all records, books, documents or other papers not require• o be maintained by the treasurer. The secretary shall attend all meetings of e board and keep a record of all its proceedings. The secretary shall p- orm such other duties as may be delegated by the board. Such clerical, technical and pr essional assistance, including, but not limited to, engineering, planning, econ- is research and other fields, as shall in the opinion of the board be necessary t• • rovide for the efficient performance of the functions of the board. (3) Sec. 14-59. Annual budget; s• ce of funds. (a) No later than 30 days or to the date the City Commission establishes the millage rate,tor the City, the = = - - ' = Director shall prepare for the approval of the board a budget for the operation of the d • ntown development Authority for the ensuing fiscal year. The budget shall be prepar- in the same manner as required of all departments of the City. When) approved by t, - board it shall not require approval of any officer or body of the City ott3er than the Ci ommission. No funds of the City may be included in the budget o'-the'" Authority : cept those funds authorized in this article. (b) The op ations of the downtown development Authority shall be principally financed from the f• owing sources and such other sources as may be approved by the City Co - mission: Donations to the Authority for the performance of its functions. (2) Proceeds of an ad valorem tax, not exceeding 0.4750 mills per dollar valuation of property in the downtown area designated by the City Commission. City of Miami File ID: 18186 (Revision: A) Printed On: 1014/2025 SUBSTITUTED (3) Money borrowed and to be repaid from other funds received under the Authority of this article which shall include federal funds, contributions and funds derived from the millage authorized to be levied under this article. Sec. 14-60. Annual ad valorem tax levy in downtown district; disposition of funds. The City Commission is authorized to levy an additional ad valorem tax on all real and personal property in the downtown district as described in this article, not exceeding 0.47 mills on the dollar valuation of such property, for the purpose of financing the operation the downtown development Authority. This levy of 0.4750 mills per dollar ad valorem tax - all be in addition to the regular ad valorem taxes and special assessments for improvement mposed by the City Commission. The tax collector shall transmit funds so collected to the ap• opriate officer of the City responsible for the handling of the public money who shall de, •sit the same in the City treasury to the credit of the Authority. Such money shall be used for • purpose other than those purposes authorized in this article and, upon approval of the bo • , pursuant to vouchers signed by a minimum of two authorized signatories of the Auth • , who shall be the executive Director and one member of the Board of directors, or two m : bers of the Board of directors. The funds of the Authority shall be secured as other public - nds are secured. Other money received by the Authority shall forthwith be deposited in the ity treasury to the credit of the Authority, subject to disbursement as authorized in this article he City shall not obligate itself nor shall it ever be obligated to pay any sums from gener- • ublic funds, or from any public funds other than money received pursuant to section 14-59 f• or on account of any of the activities of the Authority. Sec. 14-61. Assessment of funds for handling and audi g by City. The City Commission shall have the power to a ess against the funds of the downtown development Authority, for the use and benefit of t► - general fund of the City, a reasonable pro rata share of such funds for the cost of handling d auditing, which assessment when made shall be paid annually by the board pursuant t• n appropriate item in its budget. Sec. 14-62. Conflicts of interest of board bers, employees, etc. No board member nor any employ of the board shall vote or otherwise participate in any matter in which he/she has a financia terest, either direct or indirect. When such interest shall appear, it shall be the duty of the B• -rd member, or employee, to make such interest known and he/she shall thenceforth refr from voting on or otherwise participating in the particular transaction involving such inter: . Willful violation of the provisions of this section shall constitute malfeasance on the •art of a member of the board, and shall be grounds for instant dismissal of any employee. ny transaction involving a conflict of interest, wherein a violation o'F this section is involved, be rendered void at the option of the Board." Section 3. If - section, part of a section, paragraph, clause, phrase, or word of this Ordinance is decl. -d invalid, the remaining provisions of this Ordinance shall not be affected. Sectio4. This Ordinance shall become effective ten (10) days upon final reading antl adoption t reof.z This Ordinance shall become effective as specified herein unless vetoed by the Mayor within ten (10) days from the date it was passed and adopted. If the Mayor vetoes this Ordinance, it shall become effective immediately upon override of the veto by the City Commission or upon the effective date stated herein. whichever is later. City oa Miami File ID: 18186 (Revision: A) Printed On: 10/14/2025 SUBSTITUTED APPROVED AS TO FORM AND CORRECTNESS: Wy ng III, C y -ttor 9/16/2025 - ge Wy j ng III, C y or -v 10/14/ '25 City of Miami File ID: 18186 (Revision: A) Printed On: 10/14/2025 SUBSTITUTED City of Miami Legislation Ordinance File Number: 18186 Final Action ' = te: AN ORDINANCE OF THE MIAMI CITY COMMISSION AMENDING CHAPTER 14/ARTICLE II OF THE CODE OF ORDINANCES OF THE CITY OF MIAMI, ' ORIDA, AS AMENDED ("CITY CODE"), TITLED "DOWNTOWN DEVELOPMENT/DOWNTOWN DISTRICT," MORE PARTICULARLY BY AMENDING DIVISION 1, TITL "GENERALLY," TO DEFINE RESIDENCY IN THE DOWNTOWN DEV OPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("AUTHORITY") A 1 BY AMENDING DIVISION 2, TITLED "DOWNTOWN DEVELOPMENT UTHORITY," TO AMEND THE COMPOSITION OF THE DOWNTOWN DEVELOP NT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("AUTHORITY'S") BOAR I •F DIRECTORS AND VARIOUS AMENDMENTS, INCLUDING BUT NOT LIMITED 0, THE AUTHORITY'S DEFINITIONS, POWERS AND DUTIES, AND REMOVAL ' MEMBERS; CONTAINING A SEVERABILITY CLAUSE; AND PROVI G FOR AN EFFECTIVE DATE. WHEREAS, Chapter 14 of the Code of Ordinan of the City of Miami, Florida, as amended ("City Code"), has not been revised or upda d since 1998; and WHEREAS, Chapter 14 of the City Code • - erns the Downtown Development Authority of the City of Miami, Florida ("Miami DDA"); and WHEREAS, District 4 Commissioner he appointed Chairman of the Miami DDA seeks to update the City Code governing the Mi- i DDA; and WHEREAS, the City Commis '•n after careful consideration of the proposed updates deems it advisable and in the best i ► erest of the general welfare of the City of Miami ("City") and its residents and visitors to a ' - nd Chapter 14 of the City Code; NOW, THEREFORE, - IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The citals and findings contained in the Preamble to this Ordinance are adopted by reference . nd incorporated as if fully set forth in this Section. Section 2. hapter 14/Article 11 of the City Code is hereby amended in the following particulars.' "DOWNTOWN DEVELOPMENT * * * ARTICLE II. DOWNTOWN DISTRICT ' Words and/or figures stricken through shall be deleted. Underscored words and/or figures shall be added. The remaining provisions are now in effect and remain unchanged. Asterisks indicate omitted and unchanaed material. Clty of Miami File ID: 18186 (Revision:) Printed On: 9/16/2025 SUBSTITUTED DIVISION 1. GENERALLY Sec. 14-26. Definitions. For the purposes of this Article, the following words and phrases shall have the meanings respectively ascribed to them by this section: Authority: The Downtown Development Authority, the body corporate hereby creat- by this article, known as the Downtown Development Authority board of the City. Board: The governing body of the Authority selected as herein provided. Central business district: The area in the City to which this article primaril elates, zoned and used principally for business. Director: The chief executive officer of the Authority selected by the •oard as herein provided. Downtown: A specifically defined area or zone of the City in t► central business district, established by the City. Goveming body: The Commission of the City. Planning board: The department or agency of the , by whatever name such department or agency may be known, which is chiefly responsible • r community planning. Public facility: Any street, park, parking lot, pl ground, right-of-way, structure, waterway, bridge, lake, pond, canal, utility line or pipe, buil ' g, including access routes to any of the foregoing designed and dedicated to use by t public generally, or used by any public agency with or without charge, whether or not the s e is revenue producing. Reside or Resident: An owner of a - o•ert located within Downtown as defined in this Article which said ro•e is the ow s homestead. Sec. 14-27. Boundaries designat= - . The Downtown District de ribed as follows shall be under the jurisdiction and control of the Downtown Development thority: Begin at the interse ' . n of the centerline of NW 5th Street and NW 3rd Avenue (east of I- 95); thence run so erly along the centerline of NW 3rd Avenue and the easterly side of I- 95 to the centerli of West Flagler Street; thence westerly along the centerline of said West Flagler S -et to the centerline of the Miami River; thence meandering southeasterly along the ce -rline of said Miami River to a point of intersection with the westerly Right -of - Way line of etro Rapid Transit Right -of -Way (formerly Florida East Coast (FEC) Railroad Right -of- # -y) said Right -of -Way line being 50 feet westerly of and parallel with the centerli - of said Metro Rapid Transit Right -of -Way; thence run southerly and sout esterly along said westerly Right -of -Way line of Metro Rapid Transit to the int--ection with the centerline of SW 15th Road; thence southeasterly along the centerline o 5th Road to a point of intersection with the southerly prolongation of the westerly line of osta Bella Development Subdivision (107-14); thence northeasterly, northwesterly, and northeasterly along said westerly line of Costa Bella to the intersection with the southerly Right -of -Way line of SE 14th Lane; thence southeasterly, northeasterly, northerly, and northwesterly along said southerly and easterly Right -of -Way line of SE 14th Lane and SE 14th Terrace to the intersection with the northwesterly property line of Lot 31, Block 2 of Amended plat of Point View as recorded in Plat Book 2 at Page 93 of the public records of City of Miami File ID: 18186 (Revision:) Printed On: 916/2025 SUBSTITUTED Miami -Dade County, Florida; thence northeasterly along the northwesterly line of said Lot 31, to the northeasterly side of the existing ten -foot alley in Block 2 of said Point View; thence southeasterly along the northeasterly side of said ten -foot alley to the intersection with the property line between Lots 4 and 5 of said Block 2 of Point View; thence northeasterly along said line of Lots 4 and 5 and its prolongation thereof to the centerline SE 14th Street; thence southeasterly along said centerline of SE 14th Street to a point intersection with the existing bulkhead and shoreline of Biscayne Bay; thence meand: ng northerly along the existing bulkhead and shoreline of Biscayne Bay to a point of intersection with the southerly boundary of Claughton Island Bridge; thence easte the said southerly Right -of -Way line of Claughton Island Bridge to the intersecti westerly bulkhead line of Claughton Island, said bulkhead line being part of t Dade County bulkhead line as recorded in Plat Book 73 at Page 18 of the p Miami -Dade County, Florida; thence southerly, easterly, northerly, and w said existing bulkhead and its westerly prolongation thereof around the intersection with the mainland on the easterly shoreline of Biscayne meandering in a northwesterly and westerly direction along the sho and the Miami River to the intersection with the easterly Right -of - Rapid Transit line of Brickell Avenue Bridge (SE 2nd Avenue); bridge to the existing bulkhead on the corner of said Lot 1; th 10 foot -wide alley to the northeasterly corner of Lot 6 of Bio recorded in Plat Book 5 at Page 4 of the public records o thence northwesterly along the northerly line of said lot its intersection with the centerline of Sevilla Street (N amended (5- 4); thence southwesterly along the ce Avenue) to its intersection with the centerline of Miramar amended (5-4); thence northerly alon Street); thence northerly along the centerline centerline of NE 19th Street; thence wester point of intersection with southerly exten Miramar amended as recorded in plat Dade County, Florida; thence northe thereof to the southerly lot line of L of the public records of Miami-D line of Lot 8 to the southeast c line of Lot 8 to the southerly southerly Right -of -Way lin line of Lot 7 of said Cora and its extension there northerly lot line of L easterly lot line of Page 40 of the p easterly lot lin northeast co Terrace to thence thenc Sub along with the Miami- lic records of erly, following and to the ; thence ine of Biscayne Bay ay line of the Metro nce north along said ce northwesterly across a 8 of Miramar amended as iami-Dade County, Florida; and its northwesterly extension to 4th Avenue) of said Miramar erline of said Sevilla Street (NE 4th dado Street (NE 4th Avenue) of said e centerline of NE 4th Avenue (Vedado NE 4th Avenue to its intersection with the along the centerline of NE 19th Street to a n of the easterly lot line of Lot 4 of Block 1 of ok 5 at page 4 of the public records of Miami - along the easterly lot line of Lot 4 and its extension 8 of Coral Park as recorded in Plat Book 2 at Page 66 e County, Florida; thence easterly along the southerly lot er of said Lot 8; thence northerly along the easterly Lot ght-of-Way line of NE 20th Street; thence easterly along the f NE 20th Street to the southerly extension of the easterly lot ark (2-66); thence northerly along the easterly lot line of Lot 7 to the northeast corner of Lot 7; thence westerly along the 7 to a point of intersection with the southerly extension of the 7 of Block 4 of Bayside Park amended as recorded in Plat Book 2 at is records of Miami -Dade County, Florida; thence northerly along the; f Lot 7 and its extension thereof across a 15-foot-wide alley to the er of Lot 7; thence continuing northerly across the Right -of -Way of NE 20kh e southeast corner of Lot 7 of Block 1 of Bayside Park amended (2-40); , herly along the easterly lot line of Lot 7 to the northeast corner of said Lot 7,; cross a 15-foot-wide alley to the southeast corner of Lot 5 Block 3 of Bayonne ision as recorded in Plat Book 2 at page 35 of the public records of Miami -Dade C. ty, Florida; thence northerly along the easterly Lot line of Lot 5, and the northerly ension of its easterly lot line thereof, to the centerline of NE 21st Street; thence easterly long the centerline of NE 21st Street to a point of intersection with the southerly extension of the easterly lot line of Lot 3 of Block 1 of Bayonne Subdivision (2-35); thence northerly along the easterly lot line and its extension thereof, to the southerly lot line of tract A of Caruso Subdivision as recorded in Plat Book 79 at page 23 of the public records of Miami - Dade County, Florida; thence easterly along the southerly tract line of tract A to the southerly extension of the easterly Right -of -Way line of NE 4th Avenue; thence northerly City of Miami File ID: 18186 (Revision:) Printed On: 9/16/2025 SUBSTITUTED along the easterly Right -of -Way line of NE 4th Avenue and its extension thereof to the centerline of NE 24th Street; thence westerly along the centerline of NE 24th Street to the centerline of NE 2nd Avenue; thence southerly along the centerline of NE 2nd Avenue to the centerline of NE 17th Street; thence westerly along the centerline of NE 17th Street and NW 17th Street to the northerly shoreline of the Miami River; said bulkhead line also bein the southerly boundary of the Dupont Plaza Center and Miami Center joint Venture property; thence northeasterly along the southerly boundary of Dupont Plaza Center Miami Center Joint Venture property to a point of intersection with the easterly prop of Chopin Associates and Miami Center Limited Partnership; said property line b-,' the shoreline of Biscayne Bay; thence northerly along said easterly property lin Associates and Miami Center Limited Partnership property along Biscayne B southerly property line of Bayfront Park; thence continuing northerly, northe northwesterly along the bulkhead line of Bayfront Park and the Bayfront P a point of intersection with the southerly Right -of -Way line of State Roa Macarthur Causeway); thence easterly along the southerly Right -of - MacArthur Causeway to its intersection with the easterly Right-of- Intercoastal Waterway, said point also being the westerly line of t land of the NW quadrant of Watson Island as shown on the bo quadrant upland and submerged parcel (City of Miami miscel southerly along the easterly Right -of -Way line of said Interc intersection of the turning basin limit with the northerly lin said point also being approximately 500 feet west of th Island and 1,200 feet southerly of the south Right -of - Causeway, as per O.R.B. 2454, pages 77-79; then northeasterly along the southeasterly line of said most easterly comer of said NW quadrant of W southwesterly Right -of -Way line of Douglas and westerly along the said Right -of -Way li of Watson Island; thence westerly along A-1-A (Douglas Macarthur Causeway) northerly along the bulkhead line of centerline of NE 17th Street exten 17th Street and its extension the Bayshore Drive; thence northe intersection with the centerli centerline of NE 17th Terr northwesterly line of Lot public records of Miam line of said Lot 2, an of Lot 1 of Block 1 southerly line of North Bayshor its intersecti of said Se said sou FEC the po d line g along f Chopin to the terly and k Miamarina to A-1-A (Douglas y of said Douglas line of the submerged parcel of dary survey of NW eous file 61-398); thence stal Waterway to a point of of the Miami main ship channel, esterly bulkhead line of Watson ay line of Douglas MacArthur northeasterly, southeasterly, and quadrant of Watson Island to the son Island, said comer being on the carthur Causeway; thence northwesterly to the northwest corner of said NW quadrant e southerly Right -of -Way line of the state road the bulkhead line of Biscayne Bay; thence cayne Bay to a point of intersection with the d easterly; thence westerly along the centerline of NE of to a point of intersection with the centerline of North along the centerline of North Bayshore Drive to its of NE 17th Terrace; thence northwesterly along the •' to its intersection with the southwesterly extension of th0 of block 1 of Seaport as recorded in Plat Book 149 at 79 of the ade County, Florida; thence northeasterly along the northwesterly s said southwesterly extension thereof, to the southwesterly corner said Seaport (149-79); thence southeasterly and easterly along the id lot 1 and its easterly extension to its intersection with the centerline of rive; thence northeasterly along the centerline of North Bayshore Drive to with the southeasterly extension of the northerly line of said Lot 1 of Block 1 ort (149-79); thence northwesterly along the northerly line of said Lot 1, and its easterly extension thereof, to the northwesterly easterly Right -of -Way fine of the road; thence southerly along the easterly Right -of -Way line of the FEC Railroad to terline of NW 5th Street thence westerly along the centerline of NW 5th Street to the of beginning. All lands situated and lying in Miami -Dade County, Florida. Sec. 4-28. Property subject to ad valorem taxes for payment of City's general obligation debts, et All real property located within the central business district shall be subject to ad valorem taxes to pay the principal and interest on all existing general obligation debts of the City and any future debts which may be authorized by law. City of Miami File ID: 18186 (Revision:) Printed On: 9/16/2025 SUBSTITUTED Sec. 14-29. Powers of City cumulative. All powers conferred upon the City by this article are and shall be supplemental and in addition to those conferred by any other general or special law and shall be liberally construed to effectuate the purposes hereof. Secs. 14-30-14-50. Reserved. DIVISION 2. DOWNTOWN DEVELOPMENT AUTHORITY Sec. 14-51. Downtown Development Authority created. Pursuant to Laws of Fla., ch. 65-1090, there is hereby created the downtown velopment Authority of the City, which Authority shall be a body corporate with the power to - ue and be sued in all the courts of the state and shall have its own corporate seal. Sec. 14-52. Downtown Development Authority Board —Composition; appal r ent and terms of office of members and executive board; filling of vacancies. (a) The affairs of the Authority shall be under the direct supervision - • control of a board consisting of 4517 members, appointed, and confirmed, by the ! ty Commission in the manner indicated in subsection (b) below. (b) The Board shall be constituted by 4617 members as follo (1) The City Commission, at large, shall appoint one • is City Commissionersmembefs to be the chairperson of the board and the 167t ember thefeef of the Authority's Board. The chairperson of the Authority shall e the power to appoint the chairperson(s) to the various committees w ' the Authority shall have the power to establish from time to time. (2) One member may be appointed by the • and of county Commissioners of Dade County and submitted to the City Co - ission for confirmation. (3) One member may be appointed b Commission [for] confirmation. (4) c.. cabinet of the state and submitted to the Cr Commission. he remaining 14 members shall be appointed by the Board of the Authority a ' : submitted to the City Commission for confirmation. Each of the 14 member hall be designated as follows: I. One (1) resident of Brickell district, which may be defined by the Authority I. One (1) resident of the Central Business District III. One (1) resident of the Arts and Entertainment district, which may be defined by the Authority. IV. One (1) business owner in Brickell district, which may be defined by the Authority. V. One (1) business owner in the Central Business District VI. One (1) business owner in the Arts and Entertainment district, which may be defined by the Authority. City of Miami File ID: 18186 (Revision:) Printed On: 9/16/2025 (5) SUBSTITUTED VII. One (1) representative of Miami Dade College VIII. One (1) representative of Brickell City Center IX. One (1) representative of Miami World Center X. One (1) representative of Flaaler Street Xl. One (1) individual that works in land use and zoning XI I. One (1) individual that is employed in the arts and culture business/i , • ustry XIII. Twoi2_1 at -large residents of Downtown At least five (5) of the fourteen (14) Authority appointees must be reside ' s of Downtown. The Board shall continue to include at least one (1) membfrom each sub -district created by the Authority from time to time. A proposed mber shall not be considered a member of the Board until confirmed by the City ' • mmission. In the event an appointee is reiected by the City Commission, the Bo- • shall appoint a successor consistent with the above categories until all fourte (14) seats are filled with appointees who are confirmed by the City Commission In the event the City Commission does not reject a prop the board of county Commissioners or by the cabinet meetings of the City Commission taking place after t notified of such appointment, then said appointee City Commission. If, however, any such appoint within the aforementioned period, then the bo cabinet of the state shall have a period of te in which to appoint a replacement, who sh City Commission. In the event that the a Commission, then the board of directo vacant position(s) in the manner pro • ed d member appointed by he state within the next two date the City Commission is all be deemed confirmed by the is rejected by the City Commission of County Commissioners and/or the ays, after being notified of the rejection, be again subject to confirmation by the ointee is, again, rejected by the City of the Authority shall have the right to fill the in subsection (6). (6) In the event that the board of Co Commissioners or the cabinet of the state fails to appoint a member within 30 da - from the date that the nomination is requested by the board of the Authority, or thin ten days after being notified of the rejection of a nominee, then the board m. ' appoint proposed members(s) for said positions. The proposed members for th county and state seats shall be individuals who, in the opinion of the board, h - - the necessary qualifications and credentials to represent the board of county missioners and/or the cabinet of the state. The appointee(s) shall be submitted the City Commission for confirmation, and shall be deemed confirmed unless e appointment is rejected by the City Commission within the next two meetings o e City Commission taking place after the date the City Commission is notified of id appointment. In the event of a rejection, the board shall have the right to con ' ue to submit the name of appointee(s) until confirmation by the City .? Commis • n. 01 (c) Members s' - II serve terms of four u years expiring on December 31 of the fourth year of their te embers shall serve a maximum of two (2) consecutive terms. eight Members shall continue to serve until their successors have been appointed and confirmed. Appointments to fill vacancies shall be for the unexpired term only. Appointments made to fill an unexpired term shall be for the remainder of that term only and shall not count toward the appointee's two (2) term City of Miami File ID: 18186 (Revision:) Printed On: 9/16/2025 SUBSTITUTED limit. Limitations on terms shall not apply to the representatives nominated by Miami Dade College, Brickell City Center, and Miami World Center and approved by City Commission. (d) In the event that the Authority's boundaries are expanded, the Authority shall recommend the appointment of uo to two (2) additional members, one (1) resident and (1) business owner of the newly incorporated area to the Authority. These additional seats shall be created to ensure adequate representation of the interests and needs of property own s, business owners, and residents within the newly incorporated area and must compl ith qualifications of section 14-53. (de) Quorum shall consist of five members. Sec. 14-53. Same —Qualifications of members. (a) Except for the seats to be filled by the City Commission, the board of c• 4 my Commissioners, or the cabinet of the state, all members of the board all either (1) reside; OF (2) work; or (3) own (or be the designated representative of the • , ner of) a business; or (4) own (or be the designated representative of the owner of) rea • roperty in the Downtown district, as described in section 14-27 of this Article and in accordance with Section 14-52 of this Article. For purposes of this section, a p• son shall be deemed to "own real property" where the person is the owner of the fe simple title, or owns the leasehold interest on the property under a lease having - original term of at least 30 years. All members of the board shall be individuals of - tstanding reputation for integrity, responsibility and business ability and acumen. No o ' er or employee of the City, other than one member of the City Commission, shall be igible for appointment to the board. (b) Before assuming the duties of the office, each a, • ointed member shall qualify by taking and subscribing to the oath of office required • officials of the City. Sec. 14-54. Same —Meetings; rules and regulat s; compensation of members. The board shall adopt and promulgate r -s goveming its procedures subjest-te-approval and shall hold reg = r meetings no less often than once each month, except for any month in which the City C• mission is not in session. Special meetings may be held when called in the manner provid -;4 in the moles -procedures of the board. All meetings of the board shall be open to the public ach member of the board shall serve without compensation. (a) Notwithstanding an ing in the Code to the contrary, by resolution specifying facts _ sufficient to advise a boar • ember as to the basis for his or her removal and after reasonable notice to the board mem Sec. 14-55. Same —Removal of r embers. and an opportunity for the member to be heard by the Board, the Authority; may remove a board member: (1) For cause. (2) Upon t occurrence of an event that causes the member to cease to meet their quali .tion criteria set forth in sections 14-52 and 14-53; or (3) A •therwise provided by law. For • rposes of this section, being absent from three consecutive regular board meetings or fro •ur regular board meetings during a calendar year shall constitute good cause for rem (b) Notwithstanding anything in the Code to the contrary, in the event a Board member has Ned ten (10) years, consecutively or non -consecutively, they shall be automatically removed, and the Authority shall fulfill the vacancy within 3 months of the seat's vacancy. However, automatic removal for time served on the Board shall not apply to the representatives City of Miami File ID: 18186 (Revision:) Printed On: 916✓2025 SUBSTITUTED nominated by Miami Dade College, Brickell City Center. and Miami World Center and approved by City Commission nor any current Board member serving as of October 1, 2025. Sec. 14-56. Same —Powers and duties. (a) The board, subject to the provisions of this article, and subject to other applicable provisions of law, shall have all powers customarily vested in the board of directors of a corporation for profit. It shall exercise supervisory control over the activities of the Director and the staff of the downtown development Authority in carrying out the fu ions authorized by this article. (b) It shall be the duty of the board, and it shall have the power, to do the followin (1) Appoint an-exesut+vo dDirector; prescribe his/her duties; and fix his/he •mpensation, which shall be paid from funds available to the Authority. The staff bers shall be employed by the exesutive Director, and shall have no civil servic- ghts or privileges. (2) Prepare an analysis of economic changes taking place in the c- tral business district of the City. Study and analyze the impact of metropolitan growth upon e central business district. (4) Plan, and -propose, and implement within the Downto area, public improvements of all kinds, including renovation, repair, remodeling, r onstruction or other changes in existing buildings which may be necessary or ap • • priate to the execution of any such plan which in the opinion of the board will aid in e economic growth of the downtown area. (3) (5) To implement as provided in this article a plan of development in the downtown area as shall be necessary to carry out i functions, except that when funds are required the approval of the City Com ' ssion is required. (6) In cooperation with the planning ad ory board and zoning board of the City and the planning department of the City, • velop long range plans designed to halt the deterioration of property values ' the central business district, and take such steps as may be necessary to persua• property owners to implement such plans to the fullest extent possible. Retain and fix the comp: sation of legal counsel to advise the board in the proper performance of its dui . The general counsel of the downtown development Authority as authori d in this article shall be a practicing attorney at law admitted to the practice of law the state. He/she shall represent the Authority in all suits or actions brought ' or against the Authority involving the jurisdiction, power, duties, functions or a ities of the Authority, or of the City, under the terms of this article. (7) (8) To make a enter into all contracts necessary or incidental to the exercise_of its powers a , : the performance of its duties. (9) Borro oney on a short-term basis to pay expenses of operation following the. ass sment and levy and prior to collection of the tax herein authorized, and to issue ev . ences of indebtedness, such loans to be signed by the chairperson and the cretary of the Authority. Prior to the issuance of evidence of indebtedness for such oans, the board shall first present the plan and need therefor and the Commission of the City must approve such evidence of indebtedness by an appropriate resolution. The rate of interest to be paid by the Authority on any such debt shall be the lowest rate of interest available not to exceed six percent per annum. The Authority shall hold the City harmless with respect to any debt created hereunder. City of Miami File ID: 18186 (Revision:) Printed On: 9/16/2025 SUBSTITUTED (3) (10) The Board shall review and make recommendations to the City of Miami Commission prior to any amendments to this Article are considered by the City of Miami Commission. Sec. 14-57. Same —Additional powers and duties. In addition and supplemental to the powers provided in section 14-56, the Authority a through its board, subject to the approval of the Commission of the City as hereinafter se •rth, shall have the right, power and Authority to: (1) Acquire by the exercise of the power of eminent domain any real property - ich it may deem necessary for its purposes under this article after the adoptio •y it of a resolution declaring that the acquisition of the real property described t, -rein is necessary for such purposes, subject to the need and plan therefor • ng first presented to the Commission of the City and its approval evidence, •y the adoption of an appropriate resolution. The Authority may exercise the power , eminent domain in the manner provided in F.S. chs. 73 and 74. Property already • voted to a public use may be acquired in like manner, provided that no real prope belonging to the City, the county, the state or any political subdivision thereof m - be acquired without its consent. (2) Acquire by purchase or otherwise on such terms and - •nditions and in such manner as it may deem proper, or by the exercise of the po - - r of eminent domain, subject to the need and plan therefor being first presented t• e Commission of the City and its approval evidenced by the adoption of an appr• - late resolution, own, convey or otherwise dispose of, lease as lessor or Jesse- any land and any other property, real or personal, or any rights or interests therei ► , which it may determine is reasonably necessary for any project (hereafter defin - • ) or purpose of this article; and to grant or acquire licenses, easements and optio with respect thereto. Improve land, construct, reconstruct quip, improve, maintain, repair and operate office buildings and any necessary •r desirable appurtenances thereto, within the boundaries of the Authority for t housing in whole or in part of federal, state, county or municipal govemmental ent es or any agencies thereof or any other person or corporation or any combinat' ' of the foregoing (each such office building being herein called a "project"), • ject to the need and plan therefor being first presented to the mayor and Commis '.n of the City and its approval evidenced by the adoption of an appropriate resolut (4) Fix, charge and col thereof or any fa such revenue t plan therefor approval ev (5) (7) ct fees, rents and charges for the use of any project or any part ies furnished thereby, or property under its control and to pledge he payment of revenue bonds issued by it, subject to the need and ing first presented to the mayor and Commission of the City and its enced by the adoption of an appropriate resolution. Lease a essor any project, projects or property under its control or any part thereof and c - rge rentals for the use thereof sufficient with any other available revenues to pay e principal of and the interest on the revenue bonds issued to pay the cost of a such project or projects, subject to the need and plan therefor being first esented to the mayor and Commission of the City and its approval evidenced by the adoption of an appropriate resolution. Accept grants and donations of any type of property, labor, or other thing of value from any public or private source. Receive the proceeds of the tax referred to in this article, subject to the Commission of the City approving the millage assessment as provided therein. City of Miami File ID: 18186 (Revision:) Printed On: 9/16/2025 SUBSTITUTED (8) Receive the revenues from any property, project or facility owned, leased, licensed, or operated by it or under its control, subject to the limitations imposed upon it by trusts or other agreements validly entered into by it. Cooperate and enter into agreements with any govemmental agency or other public body, subject to the need and plan therefor being first presented to the Commissio the City and its approval evidenced by the adoption of an appropriate resolution. (9) (10) Make or receive from the municipality or the county in which the Authority is lo' :ted conveyances, leasehold interests, grants, contributions, loans and other rig and privileges, subject to the need and plan therefor being first presented to th Commission of the City and its approval evidenced by the adoption of a - ppropriate resolution. (11) Subject to the need and plan therefor being first presented to the City and its approval evidenced by the adoption of an appropriat such plan, issue, negotiate and sell, in accordance with the ap the laws of the state, except as otherwise herein provided, re Authority, payable solely from revenues, to pay all or any p project, projects or purpose of this article upon such term and form, and having such details, conditions and prov by resolution of the Authority not inconsistent with th such revenue bonds by a trust agreement by and b trust company having trust company powers with' any such revenue bonds shall mature at such t from their date and shall bear interest at a ra annum; to take all steps deemed by it nece and marketing of the revenue bonds at p the municipality where the Authority is of the City at private sale, at the best agreements with corporate trustee bonds, and the employment and the services of consultants on revenues to be anticipated a matters, accounting matter needed to effectuate adv governed by the follow C, mission of the esolution approving ble provisions of nue bonds of the of the cost of any and conditions, manner ons as shall be determined rovisions hereof, and to secure een the Authority and a bank or or without the state, provided that e or times not later than 40 years or rates not exceeding six percent per ary or expedient for efficient preparation is sale upon ten days' published notice in ted or with the approval of the Commission rice obtainable, including the entry into binding underwriters, and the holders of the revenue yment, as a necessary expense of issuance, for uations, costs and feasibility of undertaking, other financial matters, architecture, engineering, legal , and any other fields in which expert advice may be tageous issuance and marketing; and such bonds shall be g conditions: a. Any revenue bond issued under the provisions of this section shall not be deemed to be a debt of t City, the county in which it is located, or the state, or a pledge of the faith and c dit of the City, county or state; but such bonds shall be payable solely from t► - revenues pledged for their payment as authorized herein. The City establishi such Authority, the county in which it is located, and the state are not directly • indirectly obligated to pay the principal of or the interest on the bonds, and the fai and credit of the City is not pledged to the payment of such principal or _- inter • t; and all such bonds shall contain this statement on their face. Theissuance of venue bonds under the provisions of this section shall not, directly orindirectjy contingently, obligate the City, county or state to levy or to pledge any=form of= axation whatever therefor, or to make any appropriation for their payment. .? All revenue bonds issued pursuant hereto shall be negotiable instruments for purposes. 12) Exercise all powers incidental to the effective and expedient exercise of the foregoing powers to the extent not in conflict herewith or inconsistent herewith. ec. 14-58. Employees generally. (a) The board shall employ and fix the compensation, subject to the approval of the City Commission, of the executive Director of the board, who shall serve at the pleasure of the Clty of Miami File ID: 18186 (Revision:) Printed On: 9/16/2025 SUBSTITUTED board. The executive Director shall be a person of good moral character and possessed of a reputation for integrity, responsibility and business ability. No member of the board shall be eligible to hold the position of executive -Director. Before entering upon the duties of his/her office, the executive director shall take and subscribe to the oath and furnish bond as required of members of the board. He/she shall be the chief executive officer of the Downtown Development Authority and shall devote his/her entire time and attention to e duties of his/her office. He/she shall not, while serving as executive Director, engage ' any other business or profession. Subject to the approval of the Board, and direction by when necessary, he/she shall have general supervision over and be responsible for th preparation of plans and the performance of the functions of the Authority in th = anner authorized in this article. He/she shall attend all meetings of the board and s - I render to the board, the mayor and to the City Commission, a monthly report coverin • he activities and financial condition of the Authority. In the absence or disability of the Director, the Board may designate a qualified person to perform the du ' s of the office as acting executive -Director. The executive -Director shall furnish the bo- with such information or reports governing the operation of the Authority as t board may from time to time require. (b) Subject to the approval of the board, the executive Director s employ and fix the compensation of: (1) A treasurer, who shall keep the financial records of - Authority and who, together with the executive Director, shall perform such of duties as may be delegated to him/her by the board. At the discretion of the bo • , the functions of the treasurer may be performed by an outside professional retai d and approved by the board for these purposes. (2) A secretary, who shall maintain custody • the official seal and of all records, books, documents or other papers not require. o be maintained by the treasurer. The secretary shall attend all meetings of e board and keep a record of all its proceedings. The secretary shall p orm such other duties as may be delegated by the board. (3) Such clerical, technical and engineering, planning, econ the board be necessary t board. pressional assistance, including, but not limited to, is research and other fields, as shall in the opinion of rovide for the efficient performance of the functions of the Sec. 14-59. Annual budget; s• ce of funds. (a) No later than 30 days or to the date the City Commission establishes the millage rate. for ) the City, the = - = Director shall prepare for the approval of the board a budget forthe operation of the d • ntown development Authority for the ensuing fiscal year. The budget shall be prepar in the same manner as required of all departments of the City. When approved by t► - board it shall not require approval of any officer or body of the City other than the Ci ommission. No funds of the City may be included in the budget of theme Authority = cept those funds authorized in this article. (b) The op ations of the downtown development Authority shall be principally financed from the f• owing sources and such other sources as may be approved by the City Co ' mission: Donations to the Authority for the performance of its functions. (2) Proceeds of an ad valorem tax, not exceeding 0.4750 mills per dollar valuation of property in the downtown area designated by the City Commission. City of Miami File ID: 18186 (Revision:) Printed On: 9/16/2025 SUBSTITUTED (3) Money borrowed and to be repaid from other funds received under the Authority of this article which shall include federal funds, contributions and funds derived from the millage authorized to be levied under this article. Sec. 14-60. Annual ad valorem tax levy in downtown district; disposition of funds. The City Commission is authorized to levy an additional ad valorem tax on all real and personal property in the downtown district as described in this article, not exceeding 0.47 mills on the dollar valuation of such property, for the purpose of financing the operation ' the downtown development Authority. This levy of 0.4750 mills per dollar ad valorem tax all be in addition to the regular ad valorem taxes and special assessments for improvement posed by the City Commission. The tax collector shall transmit funds so collected to the ap • •priate officer of the City responsible for the handling of the public money who shall de• •sit the same in the City treasury to the credit of the Authority. Such money shall be used for purpose other than those purposes authorized in this article and, upon approval of the bo.., pursuant to vouchers signed by a minimum of two authorized signatories of the Auth• , who shall be the exesutive Director and one member of the Board of directors, or two m = bers of the Board of directors. The funds of the Authority shall be secured as other public - nds are secured. Other money received by the Authority shall forthwith be deposited in the % ty treasury to the credit of the Authority, subject to disbursement as authorized in this article he City shall not obligate itself nor shall it ever be obligated to pay any sums from gener- • ublic funds, or from any public funds other than money received pursuant to section 14-59 f• or on account of any of the activities of the Authority. Sec. 14-61. Assessment of funds for handling and audi ' g by City. The City Commission shall have the power to a development Authority, for the use and benefit of t rata share of such funds for the cost of handling shall be paid annually by the board pursuant t ess against the funds of the downtown general fund of the City, a reasonable pro d auditing, which assessment when made , n appropriate item in its budget. Sec. 14-62. Conflicts of interest of board m bers, employees, etc. No board member nor any employ: - of the board shall vote or otherwise participate in qny matter in which he/she has a financia terest, either direct or indirect. When such interest shall appear, it shall be the duty of the B • = rd member, or employee, to make such interest known and he/she shall thenceforth refr.' from voting on or otherwise participating in the particulaf transaction involving such inter: - . Willful violation of the provisions of this section shall constitute malfeasance on the •art of a member of the board, and shall be grounds for instant dismissal of any employee. y transaction involving a conflict of interest, wherein a violation of this section is involved, be rendered void at the option of the Board." Section 3. If - section, part of a section, paragraph, clause, phrase, or word of this Ordinance is decl -d invalid, the remaining provisions of this Ordinance shall not be affected. Sectio 4. This Ordinance shall become effective ten (10) days upon final reading and adoption t reof.2 This Ordinance shall become effective as specified herein unless vetoed by the Mayor within ten (10) days from the date it was passed and adopted. If the Mayor vetoes this Ordinance, it shall become effective immediately upon override of the veto by the City Commission or upon the effective date stated herein. whichever is later. City of Miami File ID: 18186 (Revision:) Printed On: 916/2025 SUBSTITUTED APPROVED AS TO FORM AND CORRECTNESS: 9 ng III, C Y ttor 9/16/2025 CHy of Miami File ID: 18186 (Revision:) Printed On: 9/16/2025