MB RDA MINUTES MAY 24, 1989 MIAMI BEACH REDEVELOPMENT AGENCY
JOINT MEETING WITH
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MIAMI BEACH CITY COMMISSION
May 24, 1989 - 9:00 A.M.
CITY HALL COMMISSION CHAMBERS
INDEX TO MINUTES OF MEETING
RESOLUTION PAGE
NO. NO.
1. Roll Call - Meeting called to order at 11:35 a.m. All 1
members present except Vice Chairman Arkin (absent) and
Commissioner Resnick (arrived at 11:37 a.m.) . (31
2. Acceptance of Minutes of May 10, 1989. 11 -.-.....,....
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3. Report of Executive Director 1115'
1
Executive Director submitted written reports:
a) Old Police Station Site Redevelopment Project -Thef ' I)..
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process of issuing tax exempt bonds continues. ''
Closing receipt and of funds are expected to occur/ (t
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by the end of June. Preliminary design of the << '
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project is scheduled to be presented before the . --► -
Design Review Board by Cobb Partners by June 8th. ' . -'"
The Agency is in the fb-6- ss of filing for eminent r---'
domain on various parcels located in Blocks 78 and �, e,.
80, OCEAN BEACH ADDITION NO. 3. . --_ i plu/
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b) New Floridian Project - The Agency is currently in `2
discussions with SAGLO Development Corporation
regarding the construction of a high-rise rental
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project on the site (540 West Avenue) formerly/if, . tt
occupied by the Biscaya Hotel. A development . ' cnk ..-
agreement is expected shortly. (Also item R-3B
City Commission agenda re rezoning) 1/ -�'\
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4. Old Business mf e
a. Bi-Weekly Finance Report (Copy of report filed "` /2
with records of meeting.) j,i ;") .
5. New Business .
a. Redevelopment Agency Memo No. 89-7 .qt. ,1
79-89 Resolution adopted authorizing acquisition of 10-ll
6
various properties in Blocks 78 and 80, OCEAN vi fiouj
BEACH ADDITION NO. 3, by purchase, donation, or/
the filing of eminent domain proceedings and ¢.
declarat'on of taking, as necessary. (Old Police 0/ �4 r
Station site redevelopment project. Properties i/ r v
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t located at: 814 Second St. , 144 Meridian Ave. ,
821 First St. , 843 First St. , 130 Jefferson Ave. ,
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14 6-150 Jefferson Ave. , 131 Alton Rd. , 120-124
' Jefferson Ave. , 123 Alton Rd. , 139 Alton Rd. , 151
Michigan Ave. , 950 Second St. , 100 Jefferson Ave. , Kr7:°:'k'
ve. ,
101 Alton Rd. See resolution for legal w.
descriptions.) , `
• 116F-2C-
b. Redevelopment AgencyMemo No. 89-8 L,
�,Public Hearin held re ardin ro osed issuance of )(C'
Hearing regarding proposed
tax increment bonds by the Miami Beach y
Redevelopment Agency for an amount not to exceed 1 to /1,( .›
$7 million. Bond proceeds will be used for fk
acquisition and clearing of properties in Blocks
78, 80, 53 and 9 (Old Police Station site
redevelopment project) . Upon acquisition and ,1 c
clearance of the properties, the Agency will sell / J fro'
the parcel to one or two private developers (Cobb kg 4.
Partners South Beach, Ltd. , and/or Rumpco, Inc.) ,,r�`n
for construction of residential condominium units, V
commercial space, and parking facilities.
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6. Report of Agency Attorney - none
vr7. Adjournment - Time: 12:05 p.m. 11
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Next meeting: Wed., June 7, 1989 - dju
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