LTC 275-2019 Budget Advisory Committee MotionMIAMIB
OFFICE OF THE CITY MANAGER
LTC# 275-2019
LETTER TO COMMISSION
TO: Mayor Dan Gelber and Members o the City Co
FROM: Jimmy L. Morales, City Manager
DATE: May 9, 2019
SUBJECT: Budget Advisory Committee
The purpose of this Letter to Commission (LTC) is to inform the Mayor and City Commission of a motion passed
by the Budget Advisory Committee at its meeting on May 7, 2019.
The Budget Advisory Committee (BAC) approved a motion which recommends that the City retain an
independent consultant to evaluate the increased value to the developer of any proposed development
agreement, vacation of right of way, or any other sale or conveyance of City property. The consultant's study
should serve as a basis to evaluate the value of the transaction for determining the appropriate amount of public
benefit to be provided by the developer in the form of a contribution to the City's funds available for capital
improvements and/or in the form of other defined intangible benefits expected from the proposed project. The
fee for the independent consultant shall be paid by the applicant prior to commencement of the analysis.
Motion made by: Jonathan Beloff
Motion second by: Steve Zuckerman
Motion passed: 9-0
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