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MB RDA MINUTES NOVEMBER 17, 1993 MIAMI BEACH REDEVELOPMENT AGENCY MEETING NOVEMBER 17, 1993 CITY HALL COMMISSION CHAMBERS INDEX TO MINUTES OF MEETING RESOLUTION PAGE NO. NO. 1. Roll Call - Meeting called to order at 10:20 a.m. 1 All members present. 2. Acceptance of Minutes of October 20, 1993. 1 S 3. Old Business A. Oral Report on Hotel Land Acquisition 1-25 B. Oral Report on Miami Beach Marina 26-27 C. Oral Report on Portofino 26-27 4. New Business A. REDEVELOPMENT AGENCY MEMO NO. 93-32A 25-26 142-93 Resolution of the Miami Beach Redevelopment Agency adopted declaring the Agency's support for, and further urging the approval of the attached resolution of the Board of County Commissioners of Dade County, Florida, approving certain terms of Miami Beach Redevelopment Agency Tax Increment Revenue Bonds, Series 1993, (City Center/Historic Convention Village) , and ordinance of the Board of County Commissioners amending Section 29-81 of the Code of Metropolitan Dade County, Florida, relating to economic development and ad valorem tax exemptions for new and expanding businesses in enterprise zones to exclude a newly created community redevelopment area located in South Miami Beach. (Note: Amendment will disallow provision of economic development ad valorem tax exemptions for new and expanding businesses. ) B. REDEVELOPMENT AGENCY MEMO NO. 93-33 1, 2-23, 27 143-93 Resolution of the Miami Beach Redevelopment Agency adopted declaring acquisition of the property known as the St. Moritz located at 1565 Collins Avenue and legally described as the N. 1/2 of Lot 8 and Lots 9 and 10 and Lots 11 and 12 and the N. 1/2 of Lot 13, Block 56, ALTON BEACH FIRST SUBDIVISION, as recorded in Plat Book 2, at Page 77, to be a public necessity for the project know as City Center/Historic Convention Village Project, authorizing the acquisition of the St. Moritz by purchase, donation, or the filing of eminent domain proceedings and declaration of taking, as necessary, as a potential site for a hotel development; authorizing the Chairman of the Miami Beach Redevelopment Agency and Secretary to execute the required documentation to initiate eminent domain proceedings. (Note: Quick take authorized. ) • MIAMI BEACH REDEVELOPMENT AGENCY NOVEMBER 17, 1993 - PAGE 2 INDEX TO MINUTES OF MEETING 4. B. (CONTINUED) 23-25, 27 144-93 Resolution of the Miami Beach Redevelopment Agency adopted approving a Contract for Sale in the amount of $1,850,000 for the property known as the Poinciana Hotel site located at 1555 Collins Avenue as a potential site for a hotel development; authorizing the Chairman of the Miami Beach Redevelopment Agency and Secretary to execute the Contract for Sale subject to the aforestated terms . (City Center/Historic Convention Village Project) Jon B. DeVries (Arthur Andersen) , David Berger (special counsel) , and Bob Gallaher (Hedg-Peth & Gallaher, appraiser) responded to questions concerning pros and cons of quick- take versus slow-take. 5. Adjournment - Time: 11:42 a.m. 28 (Clerk's Note: Dade County Commissioner Bruce Kaplan advised Commission he had been successful in having a traffic light installed at Fisher-Fienberg School. ) 18 Next meeting: Wednesday, December 1, 1993 REB:pr