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HomeMy WebLinkAboutMemorandumCITY OF MIAMI INTER -OFFICE MEMORANDUM To: Honorable Members of the City Commission From: Todd B. Hannon City Clerk Date: Subject: References: Enclosures: June 22, 2026 Wynwood NRD-1 Public Benefits Trust Fund Committee Agenda for July 9, 2026 List of Members and Resume It is intended that the "NRD-1 Public Benefits Trust Fund" be established in order to collect cash contributions made according to the NRD-1 as established in the Miami 21 Zoning Code, as amended, the zoning ordinance of the City ("Miami 21 Code"), to support reinvestment and supplement affordable/workforce housing, public parks and open space, and civic space or civil support space within the NRD-1 boundaries. The Wynwood Business Improvement District ("BID") shall, through a five -member committee of the BID, of which one member shall be directly appointed by the City Commissioner from District 5, one member shall be directly appointed by the City Commissioner from District 2, one member shall be appointed by the City Commission, and two members shall be appointed by the BID Board and submitted to the City Commission for confirmation, allocate within the NRD-1 boundaries funds collected for purposes consistent with Section 62-644 of the Code of the City of Miami, as amended ("City Code"). The NRD-1 Public Benefits Trust Fund shall be established for a period of time commensurate with the BID as set forth in Section 2-1316 of the City Code, and thereafter shall be reviewed by the City Commission every three years to determine whether the purposes of the NRD- 1 Public Benefits Trust Fund have been satisfied, and upon such finding, the NRD- 1 Public Benefits Trust Fund shall sunset and any funds to be collected and allocated, pursuant to this article and according to the Miami 21 Code, shall revert to the Public Benefits Trust Fund, as established in Section 62-641 of the City Code. One (1) appointment is required at this time. • Commissioner Damian Pardo has one (1) nomination for a seat currently held by: 1. Scott Sherman, incumbent, whose term expired on May 12, 2025. For your convenience, we are including a copy of the membership of the committee and a copy of the resume of the prospective appointee. By copy of this memorandum, we are requesting that the Agenda Office place this issue on the July 9, 2026, Commission agenda. TBH:ne c: William Kelley, Executive Director Jihan Soliman, Senior Assistant City Attorney Miriam M. Santana, Agenda Coordinator