HomeMy WebLinkAboutR-15-0417Vop City of Miami
F ..
19611F A111
*'Ir Legislation
i 0 R �O
Resolution: R-15-0417
File Number: 15-01152
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 9/24/2015
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
TRANSFER OF DOWNTOWN MIAMI DEVELOPMENT OF REGIONAL IMPACT
MASTER PLAN RECOVERY FEES, IN A TOTAL AMOUNT NOT TO EXCEED
$375,875.00; ALLOCATING SAID FUNDS FROM FUND 10400, PROJECT NO.
35-127002, TO THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY, FOR THE
COMPLETION OF DEVELOPMENT AND PREPARATION OF THE INCREMENT III
PROGRAM, AS APPROVED BY THE CITY MANAGER.
WHEREAS, the City of Miami ("City"), pursuant to Chapter 14 of the Code of the City of Miami,
Florida, as amended ("City Code"), authorized the Miami Downtown Development Authority ("DDA") to
provide planning for the economic development and revitalization of Downtown Miami; and
WHEREAS, the DDA is the Applicant for the Downtown Miami Development of Regional Impact
("DRI"); and
WHEREAS, Resolution No. 07-0100 authorized the preparation and development of the
Increment III program to commence; and
WHEREAS, on January 17, 2014, the DDA Board authorized the Executive Director of the DDA to
execute contracts with the selected consultants to commence work on the Increment III program as
approved by the City Manager, subject to the availability of DRI Master Plan Recovery Fees, and the
City's commitment to reimburse DDA for the cost of such services (Exhibit A); and
WHEREAS, Chapter 13 of the City Code provides for the payment of Master Planning costs from
DRI Master Plan Recovery Fees; and
WHEREAS, the continued development of the Increment III program is expected to cost an
amount not to exceed $375,875.00; and
WHEREAS, it is in the best interest of the City to transfer to DDA DRI Master Plan Recovery to
pay for said services;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings set forth in the preamble of this Resolution are adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. The transfer of DRI Master Plan Recovery Fees, in a total amount not to exceed
$375,875.00, and the allocation of said funds from Fund 10400, Project No. 35-127002, to the DDA,
is authorized, to proceed with the continued development and preparation of the Increment III
program, as approved by the City Manager.
City of Miand Page 1 of 2 File Id. 15-01152 (Version: 1) Printed On: 3/23/2018
File Number: 15-01152
EnactmentNnmber: R-15-0417
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor. {1 }
Footnotes:
{1 } This Resolution 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 Resolution, 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 2 of 2 File Id. 15-01152 (Version: 1) Printed On: 3/23/2018