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HomeMy WebLinkAboutSummary Form SR (2)Date: 8/12/2015 Requesting Department: Planning. Law Department Commission Meeting Date: 9/24/2015 District Impacted: 2 and 5 Matter ID No. 15- T e: Resolution Ordinance 601 15 - Type: ❑ ® ❑Emergency Ordinance ❑Discussion Item ❑ Other Subject: Amendment to City Code Chatter 62 Article XIV — Planning and Zoning,• Public Benefits Trust Fund e 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. City Commission adopted the following item on July 23, 2015 for first reading. Budget Impact Analvsis YES Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General 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: Final Approvals (SIGN AND DATE CIP Bud, If using or receiving capital funds ` Grants Risk Management . Purchasing / Dept. Directort m Chief / Tiq City Manager_ {32855374;1}Page 1 of 1 SECOND READING ORDINANCE AGENDA ITEM SUMMARY FORM '= S, FILE ID: 15-00809 Date: 8/12/2015 Requesting Department: Planning. Law Department Commission Meeting Date: 9/24/2015 District Impacted: 2 and 5 Matter ID No. 15- T e: Resolution Ordinance 601 15 - Type: ❑ ® ❑Emergency Ordinance ❑Discussion Item ❑ Other Subject: Amendment to City Code Chatter 62 Article XIV — Planning and Zoning,• Public Benefits Trust Fund e 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. City Commission adopted the following item on July 23, 2015 for first reading. Budget Impact Analvsis YES Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General 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: Final Approvals (SIGN AND DATE CIP Bud, If using or receiving capital funds ` Grants Risk Management . Purchasing / Dept. Directort m Chief / Tiq City Manager_ {32855374;1}Page 1 of 1