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HomeMy WebLinkAboutSummary Form FRAGENDA IT9M SUMMARY FORM gg 3' FILE ID: 5-00809 Date: 6/16/2015 Requesting Department: Platlrlin Law Department Commission Meeting Date: 7/23/2015 District Impacted: 2 and 5 Matter ID No. 15 - Type: Resolution 601 yp ❑ � Ordinance ❑Emergency Ordinance ❑Discussion Item F. Other Subject: Amendment to Cid Code Chapter 62, Article XIV — Planning and Zoning, Public Benefits Trust Fund Purpose of Item: Amend Chapter 62, Article VIII — Planning and Zoning; Public Benefits Trust Fund to create a Wynwood Public Benefits Trust Fund for the purpose of collecting and investing funds within the Wynwood Neighborhood Revitalization District (NRD-1). Background Information: The Wynwood Neighborhood Revitalization District (NRD-1) is proposed as an overlay zoning district within the Miami 21 Code to facilitate the transition of an industrial district into a diverse, mixed-use, residential neighborhood. The Wynwood NRD-1 provides for the ability to obtain additional height and floor area through the payment into a special public benefits trust fund that is intended to be used to create new open space, affordable housing and other public benefits within Wynwood. Budget Impact Analysis YES Is this item related to revenue?` NO Is this item an expenditure? If so, please identify funding source below. Genual Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: _ Total Fiscal Impact: At►,,� Fina_ ApkroyaLs (SIGN AND DATE) CIP 1 Bud g Ii. usin or receiving c U`t F itdS Grants / _ Risk l� Purchasing _ Dept. Chief City n {32855374;1}Page RC Win