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2015-29031 Reso RESOLUTION NO. 2015-29031 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, IN ACCORDANCE WITH THE REQUIREMENTS OF SECTION 130-132(D), DECLINING TO AMEND THE AMOUNT OF THE NEW CONSTRUCTION FEE IN THE FEE IN LIEU OF PARKING PROGRAM, ESTABLISHED IN SECTION 130-132(A) OF THE CODE, AND RETAIN THE EXISTING ONE-TIME PAYMENT FEE FOR NEW CONSTRUCTION AT $40,000, PER PARKING SPACE. WHEREAS, the City of Miami Beach Land Development Regulations (LDR) at Chapter 130, Article V, entitled "Fee in Lieu of Parking Program" (herein after"Fee"), provides a property owner or applicant with the opportunity to pay a fee in lieu of providing required on-site parking when developing a property with new construction; and WHEREAS, pursuant to Section 130-132(a) of the Code, the Fee for new construction is satisfied by a one-time payment at the time of issuance of a building permit of $40,000.00 per parking space; and, WHEREAS, the Fee was last revised in September of 2014; and, WHEREAS, Section 130-132(d), requires that the Planning Director perform an annual evaluation of the "City's total average cost for land acquisition and construction of one parking space", and as further evaluated based upon the Consumer Price Index (CPI); and WHEREAS, an analysis was conducted and the Planning Director determined that the average cost of building a parking space within the City of Miami Beach based upon current land acquisition and construction costs remains at $40,000; WHEREAS, as required by Section 130-132 (d) the cost of a parking space has been analyzed and the Fee may be adjusted based on the United States Department of Labor, Bureau of Labor Statistics, which would increase the Fee by $649 per space, from $40,000.00 to $40,649; and WHEREAS, Section 130-132(d) authorizes the City Commission to amend the fee structure by resolution, if determined appropriate; and WHEREAS, the City Commission has considered the results of Planning Director's analysis and determined it is appropriate to retain the current $40,000 per required space fee. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and the City Commission, in accordance with the requirements of Section 130-132(d), hereby decline to amend the amount of the new construction fee in the fee in lieu of parking program, established in Section 130-132(a), of the Code, and retain the existing fee for the one-time, new construction fee at $40,000, per parking space. PASSED AND ADOPTED this o?O day of 0/43, 2015. ATTEST: 1/1,1'*/ Philip Lev.' z7 - Rafael E. Granado, City Cler ��1 APPROVED AS TO � nn FORM & LANGUAGE '4 � &FOR EXECUTION 52111 (..5. •_•""'" 1 i Date :INCORP ORATED: City Att %h." F:WTTO\BOUE\Parking Fees\2015 Annual Parking Impact Fee Evaluation-Reso based on CIP revised.docx MIAMI BEACH City of Miami Beach, 1700 Convention Center Drive,Miami Beach, Florida 33139,www.miamibeachfl.gov COMMISSION MEMORANDUM TO: Mayor Philip Levine and Members o: the City • mission FROM: Jimmy L. Morales, City Manager DATE: May 20, 2015 SUBJECT: Annual Evaluation of Parking Imp.ct Fee BACKGROUND Chapter 130, Article V of the Code of the City of Miami Beach establishes the "Fee in Lieu of Parking Program" where under certain circumstances new development or uses may pay an impact fee to the City if they are not able or do not wish to provide required parking on-site. Section 130-132 (d) of the Code of the City of Miami Beach requires that the amount determined to be the city's total average cost for land acquisition and construction of one parking space shall be evaluated yearly each May by the planning director based upon the Consumer Price Index (CPI). If determined appropriate, the city commission may amend the fee structure in this section by resolution. At present, the parking impact fee is $40,000 per required space. This fee was last revised in September of 2014. In compliance with the requirements of the City Code, the following is the Planning Department's analysis of the cost of building parking, as required in Section 130-32 (d). ANALYSIS The most recent cost analysis was conducted in September of 2014, at which time the Commission approved an increase in the One Time Fee from $35,000 to $40,000 per required space. The results of that analysis are still current and accurate. In accordance with the requirements of Section 130-132 of the City Code, the Planning Department has evaluated the cost and adjusted it based on the Consumer Price Index (CPI). If applied, the One-Time Fee would increase by $649.00 to $40,649.00 per required space. The annual-recurring fee will also increase from $800.00 per required space to $813.00 per required space. See CPI Analysis below: Agenda Item R 9 Date 5.---20-)S- Commission Memorandum Annual Evaluation of Parking Impact Fee Structure 2015 CPI Calculations Page 2 of 2 Parking Fee CPI Analysis Increase from Fiscal CPI Previous Proposed Annual Fee Year Year CPI Year Fee (2%) 2014- $ $ 2015 2013 232.957 40,000.00 800.00 2015- $ $ 2016 2014 236.736 1.62% 40,648.88 812.98 Source: Consumer Price Index United States Department of Labor, Bureau of Labor Statists 5-14-15 RECOMMENDATION The Administration recommends that the City Commission discuss the item further and provide appropriate policy direction, including whether to increase the fee in lieu of providing parking defined in section 130-132 (d) to $40,649.00 per required parking space. JLM MJ/TRM/MCR/RAM T:WGENDA\2015\May\2015 Annual Parking Impact Fee Evaluation-MEM.docx