| | | | | | | |  | Resolutions - R7 F
COMMISSION MEMORANDUM |
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| | | | | | | | | TO: | Honorable Mayor and Members of the City Commission | | | FROM: | Rafael A. Paz, City Attorney | | | DATE: | July 20, 2022 | | | |
| | SUBJECT: | 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 CITY SHOULD LEASE PARKING LOT AT 1664 MERIDIAN AVENUE (1.36 ACRES) TO 1664 MERIDIAN, LLC, FOR 99 YEARS, REQUIRING, PER RESOLUTION 2022-________: REPLACING ALL EXISTING PUBLIC PARKING, PLUS ADDITIONAL PARKING; CLASS-A OFFICE, RETAIL, AND RESIDENTIAL PROJECT NEAR LINCOLN ROAD; 0.40 ACRE (APPROXIMATELY 30% OF SITE) OF LANDSCAPED PUBLIC SPACE; 6-STORY BUILDING, RESTRICTED TO HEIGHT OF 100 FEET; NO CITY FUNDING; AND $145,704,144 MINIMUM GUARANTEED RENT TO CITY, AMONG OTHER REVENUES. |
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| | | | | | | | ANALYSIS
| | See attached Commission Memorandum. |
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| | | | | | | | SUPPORTING SURVEY DATA
| | N/A |
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| | | | | | | | FINANCIAL INFORMATION
| | See attached Commission Memorandum. |
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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? | | | Yes | | No | |
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| | | | | | | | Legislative Tracking
Office of the City Attorney |
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| | | | | | | | Sponsor
Commissioner Ricky Arriola |
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