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HomeMy WebLinkAboutLegislation FRRE 3� Y pf�; City of Miami City Hall 3500 Pan American Drive ' Legislation Miami, FL 33133 www.miamigov.com Ordinance File Number: 15-01126 Final Action Date: AN ORDINANCE OF THE MIAMI CITY COMMISSION AMENDING CHAPTER 35, OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, ENTITLED "MOTOR VEHICLES AND TRAFFIC", MORE PARTICULARLY BY CREATING A NEW SECTION VII, ENTITLED "TRANSPORTATION TRUST FUND", FOR THE PURPOSE OF CREATING A DEDICATED SOURCE OF REVENUE FOR TRANSPORTATION ALTERNATIVES; CONTAINING A SEVERABILITY CLAUSE, AND PROVIDING FOR AN IMMEDIATE EFFECTIVE DATE. WHEREAS, transit and mobility are challenges currently facing the residents and visitors of the City of Miami ("City"); and WHEREAS, the creation of a Transportation Trust Fund will create a dedicated source of revenue for transportation alternatives by requiring that the City budget a certain minimum amount of revenue for said purpose; and WHEREAS, the City Commission desires to amend the Code of the City of Miami, Florida, as amended ("City Code") to effectuate such a goal; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. Chapter 35/Article VII of the City Code, is amended in the following particulars:{1} "CHAPTER 35 MOTOR VEHICLES AND TRAFFIC ARTICLE VI. SILVER BLUFF COMMERCIAL PARKING IMPROVEMENT TRUST FUND ARTICLE VII. TRANSPORTATION TRUST FUND Sec. 35-253. - Intent. It is intended that the "Transportation Trust Fund" be established in order to facilitate the creation, City of Miami Page I of 3 File Id. 15-01126 (Version: 1) Printed On: 813112015 File Number: 15-01126 operation, and maintenance, including capital and operating costs, of mass transit and other transportation facilities within the City, and public parking -garages for transit enhancement purposes. It is further intended that the Transportation Trust Fund money may be expended as the City's share of the cost of an eligible project undertaken or developed by other governmental entities or through a public-private partnership. Sec. 35-254. - Trust fund payments. X Capital contribution. No less than twenty percent (20%) of any unrestricted one-time cash Payments to the City of five hundred thousand dollars ($500,000.00) or more, including, but not limited to, payments received through lease re -negotiations, money 'udgments from lawsuits, audit findings, or any other lump sum payments, shall be reserved in this Trust Fund for capital or acquisition costs associated with mass transit. The one-time payment for purposes of this Section shall not include reasonable costs and any capital replacement costs associated with the transaction that resulted in the receipt of the one-time cash payment. Additionally, no less than twenty percent (20%) of all cash contributions to the Public Benefits Trust Fund, as defined in Chapter 62, Article XIV of the City Code and Section 3.14 of the Miami 21 Code, as amended, the zoning ordinance of the City, shall be reserved for the same purpose. If any unrestricted one-time cash payment to the City of five hundred thousand dollars ($500,000.00) or more is to be paid in installments, the capital contribution shall be no less than twenty percent (20%) of each installment as it is received by the City. These funds may be carried over to the succeeding fiscal year. Operation and maintenance contribution. Each fiscal year, no less than one-quarter of one percent (0.25%) of the City's general fund operating budget shall be reserved in this Trust Fund for operation and maintenance costs associated with mass transit. These funds may be carried over to the succeeding fiscal year. Garage contribution. All funds collected through parking ratio reductions pursuant to Article 4, Table 4 of the Miami 21 Code, as amended, shall be reserved in this Trust Fund for capital or acquisition costs associated with the creation of new public parking garages operated by the Department of Off -Street Parking. These funds may be carried over to the succeeding fiscal year. Expenditures. Nothing in this Section shall be construed as limiting the ability to reserve funds in excess of the abovementioned minimums. Expenditures from this Trust Fund shall require a 4/5ths vote of the City Commission upon a written recommendation from the City Manager. Secs. 35-255-35-280. - Reserved. ARTICLE VIII. PRIVATE PARKING LOTS ARTICLE VWX. VALET PARKING ARTICLE IX. - PARKING FACILITIES SURCHARGE ARTICLE XI. - DANGEROUS INTERSECTION SAFETY City of Miand Page 2 of 3 File Id: 15-01126 (Mesion: 1) Printed On: 813112015 File Number: 15-01126 ARTICLE XII. - COMMERCIAL VEHICLE WEIGHT RESTRICTIONS Section 2, If any section, part of a section, paragraph, clause, phrase or word of the Ordinance is declared invalid, the remaining provisions of this Ordinance shall not be affected. Section -3. is -1 shall become effective immediately upon its adoption and signature of the .Mayor. {2} APPROVED'AS-TO-FORIAAND CORRECTNESS: VICTORIA MP'ND-EZ-_"-- CITY ATT`gRN Y Footnotes: {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 and unchanged material. {2} This Ordinance shall become effective as specified 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, whichever is later. Cite of Miami Page 3 of 3 File Id. 15-01126 (Version: 1) Printed On: 8/3112015