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Resolution 83-17442 r , ' RESOLUTION NO. 83-17442 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, RESCINDING RESOLUTION NO. 83-17422 ADOPTED JULY 20 , 1983 , CALLING A SPECIAL ELECTION ON NOVEMBER 1, 1983 , FOR THE PURPOSE OF SUBMITTING TO THE ELECTORATE THE QUESTION OF ISSUANCE OF EXCISE TAX BONDS IN THE AMOUNT OF TWENTY SIX MILLION (26,000 ,000) DOLLARS TO FINANCE AC- QUISITION AND CONSTRUCTION OF , IMPROVEMENTS , AND ADDITIONS TO, AND EQUIPMENT OF , THE CON- VENTION CENTER COMPLEX. WHEREAS , the City Commission on July 20 , 1983 , passed a resolution calling for a special election on November 1, 1983 for the purpose of submitting to the electorate the question of issuance of excise tax bonds in the amount of twenty six million (26 ,000 ,000) dollars to finance acquisition and construction of , improvements, and additions to, and equipment of , the convention center complex; and - WHEREAS , the issuance of the twenty six million dollar excise tax bonds were to be payable solely from an additional Miami Beach two percent resort tax on rooms, utility service taxes, and public utility franchise taxes; and WHEREAS , the Metropolitan Dade County Commission is proposing a one hundred million, twenty-year county-wide tax on hotel rooms to pay for the expansion of the Miami Beach Convention Center and to build a new convention center in downtown Miami ; and WHEREAS , the proposed Metropolitan Dade County tax on hotel rooms will enable the City to finance acquisition and construction of, improvements, and additions to, and equipment of, the Convention Center complex; and WHEREAS , due to the Dade County tax on hotel rooms, the City Commission deems it in the best interest of the City of Miami Beach not to proceed with the holding of a special election on November 1, 1983 for the purpose of submitting to the electorate Question #2 relating to issuance of Twenty Six Million (26 ,000 ,000) Dollars worth of excise tax bonds for expansion and improvements to the Convention Center complex; OFFICF OF THF CITY ATTORNFY - 1700 CONVENTION CENTER DRIVE -MIAMI REACH_ FLORIDA 33139 y , 1 • NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA that Resolution No. 83-17422 adopted July 20 , 1983 , calling a special election on November 1, 1983 , for the purpose of submitting to the electorate question #2 relating to issuance of twenty six million (26,000 ,000) dollar excise tax bonds to finance acquisition and construction of improvements, and additions to and equipment of the Convention Center complex, be and the same is hereby repealed and rescinded; and FURTHER, that the City Clerk shall take all necessary actions to remove this question from the November 1, 1983 ballot. PASSED AND ADOPTED this 7th day of September , 1983• MAYOR ATTEST: CITY CL RK CK:bh 9193C FORM APPROVLD LEGAL DEPT. By /e"- Date OFFICE OF THE CITY ATTORNEY 1700 CONVENTION CENTER DRIVE -MIAMI BEACH,FLORIDA 33139 ORIGINAL RESOLUTION NO. 83-17442 (Rescinding Resolution No. 83-17422 adopted July 20, 1983, calling a special election on November 1, 1983, for the purpose of sub- mitting to the electorate the question of issuance of excise tax bonds in the amount of twenty six million (26,000,000) dollars to finance acquisition and construction of, improvements, and additions to, and equip- ment of, the Convention Center Complex) 100, IL: oo