308-98 RDA
RESOLUTION NO. 308-98
A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI
BEACH REDEVELOPMENT AGENCY PROHIBITING SAID AGENCY
FROM USING MONEYS DEPOSITED TO OR HELD IN SAID AGENCY'S
REDEVELOPMENT TRUST FUNDS, CREATED PURSUANT TO SECTION
163.387, FLORIDA STATUTES, TO FINANCE PRIVATELY-OWNED
PROJECTS. OTHER THAN THOSE OWNED BY CERTAIN NOT-FOR-
PROFIT PERSONS OR ENTITIES; REPEALING ALL RESOLUTIONS IN
CONFLICT HEREWITH; PROVIDING FOR SEVERABILITY; AND
PROVIDING FOR AN EFFECTIVE DATE.
BE IT RESOLVED BY THE CHAIRMAN AND MEMBERS OF THE MIAMI
BEACH REDEVELOPMENT AGENCY, as follows:
Section 1. Notwithstanding anything to the contrary contained in Chapter 163, Part III,
Florida Statutes, or any other provision of law, the Chairman and Members of the Miami Beach
Redevelopment Agency (the "Agency") shall not pass any resolution authorizing the Agency to use
any moneys deposited to or held in any Redevelopment Trust Fund created, established and
maintained by said Agency pursuant to Section 163.387, Florida Statutes, for any project that is
owned by, or leased to, any private person or entity other than a person or entity designated as not-
for-profit under Section 50l(c)(3) of the Internal Revenue Code of 1986. as amended. whose
principal purpose is the support. enhancement. improvement or advancement of the arts. cultural
activities or education. It is the intent of this Resolution that moneys in the Redevelopment Trust
Fund shall be used solely to undertake and carry out public redevelopment projects authorized by
Chapter 163, Part III, Florida Statutes, which projects will be owned by the City of Miami Beach
and/or the Agency; provided, however, that this Resolution shall not be construed to impair the
obligation of any contract to which the City or the Agency is a party as of the date of adoption of
this Resolution, including, but not limited to, any contract with the holders of any bonds or other
obligations of the City or the Agency, or to comply with any obligation the City and/or the Agency
to acquire or construct parking facilities for the Miami Beach Marina.
Section 2. All resolutions or parts thereof in conflict herewith be and the same are hereby
repealed.
Section 3. If any section, sentence, clause or phrase of this Resolution is held to be
invalid or unconstitutional by any court of competent jurisdiction, then said holding shall in no way
affect the validity ofthe remaining portions of this Resolution.
Section 4.
This Resolution shall take effect immediately upon its adoption.
PASSED and ADOPTED this 4th day of
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SECRETARY
Resolution No. 308-98
F :\A TTOILEVL IRESO&ORD\TIFS3, RDA
rj"lmber
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CHAIRMAN
At-PROVED AS TO
FORM & LANGUAGE
& FOR EXECUTION
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Redevelopment Agency
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Date
, 1998.
City of Miami Beach
Office of the Mayor and Commission
Memorandum
To:
Sergio Rodriguez
City Manager
Date:
Martin Shapiro fill n /"
Commissioner i! L <. \fl
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October 28, 1998 c:.........,
From:
Re:
AGENDA ITEM - RDA ORDINANCE
************************************************************************
Please place on next week's commission agenda my proposed ordinance restricting the
use of RDA funds to finance private developments. The ordinance was in an earlier
agenda book.
MS:ja
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Agenda Item Z b
11-4-q2
Date
City of Miami Beach
Office of the Mayor and Commission
Memorandum
To:
Murray Dubbin
City Attorney d
Martin Shapiro 11// \ I , ~,' ,. .
Commissioner / (j \.../
August 27, 1998
From:
Date:
Re:
AGENDA ITEM - USE OF TAX INCREMENT BONDS FOR
PRIVATE DEVELOPMENT
********************************************************************************44444AAAA4A444444
I. wish to present an ordinance to prohibit issuance of tax increment bonds for the
purpose of financing private development. This would include both land acquisition
and construction, Please draft an ordinance for the next meeting,
MS:ja
Cc: Sergio Rodriguez
City Manager
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