| | | | | | | |  | Resolutions - R7 F
COMMISSION MEMORANDUM |
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| | | | | | | | | TO: | Honorable Mayor and Members of the City Commission | | | FROM: | Alina T. Hudak, City Manager | | | DATE: | September 28, 2022 | | | | 5:15 p.m. Public Hearing
| | SUBJECT: | A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, FOLLOWING A DULY ADVERTISED PUBLIC HEARING, APPROVING REVISIONS TO THE GROUND LEASE AGREEMENT BETWEEN THE CITY OF MIAMI BEACH AND CFC-MB I, LLC, AN ARIZONA LIMITED LIABILITY COMPANY, FOR THE COLLINS PARK ARTIST WORKFORCE HOUSING PROJECT (THE “PROJECT”) TO REFLECT THE CITY'S ADDITIONAL MONETARY CONTRIBUTIONS FOR THE PROJECT, WITH FUNDING APPROPRIATED AS PART OF THE FY 2023 ANNUAL BUDGET; AND FURTHER, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE THE FINAL NEGOTIATED AGREEMENTS. |
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| | | | | | | | RECOMMENDATION
| | The Administration recommends that the City Commission open and continue the subject revised lease agreement to a date certain of October 26, 2022. |
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| | | | | | | | Applicable Area
| | South Beach |
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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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| | | | | | | | Strategic Connection
| | Mobility - Support affordable, compatible workforce housing. |
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| | | | | | | | Legislative Tracking
Economic Development |
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| ATTACHMENTS: | | Description |  | Ad |
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