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HomeMy WebLinkAboutAgenda Item Summary FormtTY U7; * It AGENDA ITEM SUMMARY FORM File ID: #2618 Date: 07/11/2017 Requesting Department: Department of Planninq and Zoning Commission Meeting Date: 07/27/2017 District Impacted: All Type: Resolution Subject: Historic Ad Valorem Tax Exempt. - 7100 Biscayne Blvd. Purpose of Item: This resolution will grant an Ad Valorem Tax Exemption for Historic Properties, as per Chapter 23, Article 11, to property owner 7100 Biscayne LLC, a property located at 7100 Biscayne Boulevard. Background of Item: The Historic and Environmental Preservation Board at its meeting on January 7, 2014, adopted Resolution No. HEPB-R-14-005 recommending approval of the ad valorem tax exemption for historic properties Part I. Subsequently, the Historic and Environmental Preservation Board at its meeting on May 5, 2015, adopted Resolution No. HEPB-R-15- 034 recommending approval of the Ad Valorem Tax Exemption Application Part 11. The applicant and HEPB are now requesting approval from the City Commission as required under Chapter 23, Article II of the City Code under Section 23-22(a) which states: The city commission shall grant or deny the tax exemption based on the recommendations of the board (HEPB). A vote of the commission shall be required to adopt a motion. Budget Impact Analysis Item is Related to Revenue Item is NOT funded by Homeland Defense/Neighborhood Improvement Bonds Total Fiscal Impact: $22,940 (estimate for ten years) Reviewed By Department of Planning and Zoning Carolina Bazail Department of Planning and Zoning Luciana Gonzalez Office of Management and Budget Carolina Bazail Office of Management and Budget Christopher M Rose City Manager's Office Nzeribe Ihekwaba City Manager's Office Daniel J. Alfonso Legislative Division Valentin J Alvarez Office of the City Attorney Valentin J Alvarez Office of the City Attorney Victoria Mendez City Commission Nicole Ewan Office of the Mayor Mayor's Office Office of the City Clerk City Clerk's Office Initial Review Skipped 07/11/2017 8:33 AM Department Head Review Completed 07/12/2017 5:04 PM Budget Analyst Review Skipped 07/13/2017 10:39 AM Budget Review Completed 07/17/2017 12:10 PM Assistant City Manager Review Completed 07/18/2017 9:34 AM City Manager Review Completed 07/18/2017 4:46 PM Legislative Division Review Completed 07/18/2017 8:05 PM Deputy City Attorney Review Skipped 07/18/2017 8:05 PM Approved Form and Correctness Completed 07/18/2017 8:05 PM Meeting Completed 07/27/2017 9:00 AM Signed by the Mayor Completed 08/04/2017 4:55 PM Signed and Attested by the City Clerk Completed 08/04/2017 5:44 PM File Number: 2618 City of Miami Legislation Resolution Enactment Number: R-17-0361 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date -7/27/2017 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS, GRANTING THE APPLICATION FOR A HISTORIC AD VALOREM TAX EXEMPTION, BASED ON THE RECOMMENDATION OF THE HISTORIC AND ENVIRONMENTAL PRESERVATION BOARD, TO TODD LEONI ("OWNER") FOR THE PROPERTY LOCATED AT 7100 BISCAYNE BOULEVARD, WITHIN THE MORNINGSIDE HISTORIC DISTRICT. WHEREAS, Chapter 23, Article II of the Code of the City of Miami, Florida, as amended ("City Code"), entitled "Historic Tax Exemption Ordinance," authorizes the City Commission to grant tax exemptions to owners of historic properties within the City of Miami ("City") under specified conditions, and for a period of up to ten (10) years; and WHEREAS, the City Commission, at its meeting on June 21, 2007, adopted Ordinance No. 12927, allowing owners of locally historic designated properties who make improvements to their properties to have the taxes levied by the City on the increased value of the improvements exempted for a period of up to ten (10) years; and WHEREAS, Todd Leoni, the owner of the historic property located at 7100 Biscayne Boulevard, Miami, Florida, with a legal description as set forth in the attached "Exhibit A" ("Property"), has submitted an application for a tax exemption pursuant to the City's Historic Tax Exemption Ordinance; and WHEREAS, the City's Historic Preservation Officer ("Preservation Officer'), upon review of the application materials, has determined that the Property complies with the requirements in the City's Historic Tax Exemption Ordinance, and has recommended that the application be granted; and WHEREAS, to qualify for an exemption, the property owner must enter into a Historic Property Tax Exemption Covenant or agreement ("Covenant") with the City providing that the "qualifying improvements to the property be maintained during the period that the exemption is granted," in substantially the form attached as "Exhibit B"; and WHEREAS, the Miami Historic and Environmental Preservation Board ("HEPB"), at its meeting on January 7, 2014, following an advertised public hearing, adopted Resolution No. HEPB-R-14-005 by a vote of eight to zero (8-0), Item No. HEBP.7, recommending approval of the application for Ad Valorem Tax Exemption for Historic Properties Part I "Exhibit C"; and WHEREAS, the HEPB, at its meeting on May 5, 2015, following an advertised public hearing, adopted Resolution No. HEPB-R-15-034 by a vote of seven to zero (7-0), Item No. HEBP.6, recommending approval of the application for Ad Valorem Tax Exemption Application Part II "Exhibit D"; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City hereby grants the Property an ad valorem tax exemption pursuant to the City's Historic Tax Exemption Ordinance. Section 3. This approval is conditioned on the execution by the property owner of a covenant in the form attached as "Exhibit B." Section 4. The Covenant shall be recorded by the Applicant in the Official Records of Miami -Dade County within thirty (30) days of approval of this Resolution. Section 5. The tax exemption granted herein shall remain in effect for ten (10) years. Section 6. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: 1 i ria i ndez, City Attor iey 7/18/2017 ' If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission.