IN RE:
A RESOLUTION OF THE PLANNING BOARD, IN ACCORDANCE WITH SECTION 1.03(B)4 OF THE CITY CHARTER, THE LEASE OF TEN YEARS OR LONGER OF CITY-OWNED PROPERTY (OTHER THAN PUBLIC BEACH RIGHTS-OF-WAY AND THOSE PROPERTIES ADDRESSED MORE SPECIFICALLY IN SECTION 1.03 OF THE CHARTER) SHALL, AS PROVIDED BY ORDINANCE, REQUIRE APPROVAL BY A MAJORITY 4/7 VOTE OF ALL MEMBERS OF THE PLANNING BOARD AND 6/7 VOTE OF THE CITY COMMISSION; RECOMMENDS APPROVAL OF LEASE AGREEMENTS BETWEEN THE CITY OF MIAMI BEACH (LESSOR) AND ELDERLY HOUSING DEVELOPMENT AND OPERATIONS CORPORATION (EHDOC), AS SUCCESSOR IN INTEREST TO SENIOR CITIZENS HOUSING DEVELOPMENT CORPORATION OF MIAMI BEACH (LESSEE), FOR A FIFTY (50) YEAR EXTENSION, COMMENCING JULY 9, 2026 AND ENDING JULY 8, 2076, TO THE CITY’S LEASE AGREEMENTS FOR AFFORDABLE ELDERLY HOUSING AT COUNCIL TOWERS SOUTH, LOCATED AT 533 COLLINS AVENUE, AND COUNCIL TOWERS NORTH, LOCATED AT 1040 COLLINS AVENUE.
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