| | | | | | | |  | Resolutions - R7 I
COMMISSION MEMORANDUM |
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| | | | | | | | | TO: | Honorable Mayor and Members of the City Commission | | | FROM: | Jimmy L. Morales, City Manager | | | DATE: | November 18, 2020 | | | |
| | SUBJECT: | A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, CREATING A NEW “MIAMI BEACH RESILIENCY FUND,” CONSISTING OF ALL UNCOMMITTED AMOUNTS IN FUND NOS. 320 AND 433, AND ALL FUTURE PAYMENTS RECEIVED BY THE CITY PURSUANT TO SECTION V.A OF THE AMENDED AND RESTATED INTERLOCAL COOPERATION AGREEMENT BETWEEN THE CITY AND MIAMI-DADE COUNTY, DATED JANUARY 20, 2015; FURTHER, UNTIL SUCH TIME AS THE CITY BEGINS TO RECEIVE MINIMUM FIXED RENT PAYMENTS PURSUANT TO THE CITY’S JULY 31, 2018 LEASE AGREEMENT FOR THE CONVENTION HEADQUARTER HOTEL, APPROVING THE ALLOCATION OF $666,666.66 ANNUALLY FROM THE MIAMI BEACH RESILIENCY FUND, FOR A PRIVATE PROPERTY FLOODING AND SEA LEVEL RISE RESILIENCE PROGRAM. |
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| | | | | | | | Applicable Area
| | Not Applicable |
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| | | | | | | | | Is this a "Residents Right to Know" item, pursuant to City Code Section 2-14? | | Does this item utilize G.O. Bond Funds? | | | No | | No | |
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| | | | | | | | Legislative Tracking
Finance |
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| | | | | | | | Sponsor
Commissioner Mark Samuelian |
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