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RESOLUTION 84-17862 RESOLUTION NO. 84-17862 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH AUTHORIZING THE EXECUTION OF A DEVELOP- MENT AGREEMENT WITH THE SOUTH POINTE DEVELOPMENT COMPANY. WHEREAS , the City of Miami Beach, Florida , ..s a home rule charter city, with powers and authority conferred under the Florida Constitution , the Municipal Home Rule Powers Act , State legislation and the Miami Beach City Charter , and has all governmental , corporate and proprietary powers to enable it to conduct municipal government , perform municipal functions and render municipal services , including the authority to adopt , implement and enforce comprehensive plans , zoning ordinances , redevelopment plans and other police power measures necessary to assure the health, safety and general welfare of the City and its inhabitants; and WHEREAS , pursuant to Florida Statutes §§ 163 . 3161 et seq. , the City of Miami Beach has adopted and implemented a Comprehensive Plan for the redevelopment and continuing development of the City ; and WHEREAS , pursuant to the provisions of Florida Statutes §§ 163 . 330 et seq. , the City has adopted a Redevelopment Plan for the South Shore Redevelopment Area, which plan constitutes the redevelopment element of the Miami Beach Comprehensive Plan and which plan constitutes the redevelopment plan required by Chapter 163 of the Florida Statutes ; and WHEREAS , the Developer , South Pointe Development Company , is the owner and holder of an irrevocable option to acquire a certain Parcel of land located within the Redevelopment Area; and WHEREAS , the City Commission has determined that a Development Agreement is necessary and desirable in order to assure that the standards and criteria of the Comprehensive Plan and Redevelop- ment Plan are met ; in order to promote the best utilization of property consistent with said Plans ; in order to promote flexible and efficient development ; in order to allow the City to maximize the development opportunity presented by Developer ; in order to define the rights and obligations of the parties relating to the development of the Parcel ; and in order to encourage redevelopment in a timely fashion consistent with the adopted Redevelopment Plan ; and WHEREAS , the City Commission has determined that entering into said Development Agreement with the South Pointe Development Company will eliminate blight , encourage private enterprise, and generally serve the public health, safety and welfare; NOW, THEREFORE , be it resolved that the City Commission of the City of Miami Beach approves the Development Agreement attached hereto and incorporated herein by reference and authorizes the Mayor to execute said Agreement . PASSED and ADOPTED this 19th day of September , 1984 . .r -. Malcolm Fromberg , MaVor ATTEST: FoRivi APPROvED rrrnirLIT LEG L DEr rcanuti • ity Clerk ORIGINAL RESOLUTION NO. 84-17862 (Authorizing the execution ,of a Develop- ment agreement with the South Pointe Development Company)