A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, CALLING FOR A NOVEMBER 8, 2022 CITY OF MIAMI BEACH SPECIAL ELECTION, FOR THE PURPOSE OF SUBMITTING TO THE ELECTORATE OF THE CITY OF MIAMI BEACH A QUESTION ASKING WHETHER, IF VOTERS APPROVE THE LEASES OF CITY-OWNED SURFACE PARKING LOTS WITH 1664 MERIDIAN, LLC AND/OR LINCOLN ROAD PROPERTY OWNER, LP TO DIVERSIFY THE LINCOLN ROAD CORRIDOR WITH ADDITIONAL CLASS-A OFFICE PROJECTS, CITY SHOULD DEDICATE THE GUARANTEED RENT PAYMENTS RECEIVED BY CITY UNDER THE LEASES, TOTALING UP TO $355,793,085, IN EQUAL PORTIONS, SOLELY FOR THE FOLLOWING PUBLIC PURPOSES: RESILIENCY AND SUSTAINABILITY INFRASTRUCTURE INITIATIVES, WORKFORCE HOUSING, AND PUBLIC SAFETY AND CRIME PREVENTION MEASURES. 

The proposed Resolution is being prepared at the request of Commissioner Richardson.  The item will be released as part of the supplemental agenda materials for the July 20, 2022 City Commission meeting.