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Resolution 2024-33178 RESOLUTION NO, 2024-33178 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, RENEWING, PURSUANT TO CHAPTER 170, FLORIDA STATUTES, AND SUBJECT TO THE APPROVAL OF A MAJORITY OF THE AFFECTED PROPERTY OWNERS, THE SPECIAL ASSESSMENT DISTRICT KNOWN AS THE LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT,WHICH IS SET TO EXPIRE IN 2025, FOR AN ADDITIONAL TERM OF TEN (10)YEARS, TO STABILIZE AND IMPROVE THE LINCOLN ROAD RETAIL BUSINESS DISTRICT, WHICH IS LOCATED WITHIN A NATIONALLY RECOGNIZED HISTORIC DISTRICT, THROUGH PROMOTION, MANAGEMENT, MARKETING, AND OTHER SIMILAR SERVICES (THE "SERVICES"); PROVIDING FOR THE LEVY AND COLLECTION OF SPECIAL ASSESSMENTS IN THE AMOUNT OF $1,570,117 IN THE FIRST YEAR, WHICH SHALL INCREASE BY THREE (3%) PERCENT EVERY YEAR; INDICATING THE LOCATION, NATURE, AND ESTIMATED COST OF THE SERVICES, WHOSE COSTS ARE TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE MADE; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE MADE; DESIGNATING THE LANDS UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE LEVIED; PROVIDING FOR PUBLICATION OF THIS RESOLUTION, IN ACCORDANCE WITH SECTION 170.05, FLORIDA STATUTES;AUTHORIZING THE CITY ADMINISTRATION TO CAUSE TO BE MADE A PRELIMINARY ASSESSMENT ROLL, IN ACCORDANCE WITH SECTION 170.02 AND 170.06, FLORIDA STATUTES; AND UPON COMPLETION OF SUCH PRELIMINARY ASSESSMENT ROLL, PROVIDING THAT SUCH ASSESSMENT ROLL SHALL BE ON FILE WITH THE OFFICE OF THE CITY CLERK AND OPEN TO THE INSPECTION OF THE PUBLIC. WHEREAS, Chapter 170, Florida Statutes, authorizes any municipality, subject to the approval of a majority of the affected property owners, to levy and collect special assessments against property benefited for the purpose of stabilizing and improving retail business districts, wholesale business districts, or nationally recognized historic districts, or any combination of such districts, through promotion, management, marketing, and other similar services, in such districts of the municipality; and WHEREAS, on April 15, 2015, the Mayor and City Commission adopted Resolution No. 2015-28992, creating the special assessment district now known as the Lincoln Road Business Improvement District, for a period of ten (10) years, to stabilize and improve the Lincoln Road retail business district, which is located within a nationally recognized historic district, through promotion, management, marketing, and other similar services; and WHEREAS, the Lincoln Road Business Improvement District is set to expire in 2025, unless renewed by the City Commission, subject to the approval by a majority of the affected property owners; and WHEREAS, on February 21, 2024, the Mayor and City Commission adopted Resolution No. 2024-32911 which, in pertinent part, authorized the Offices of the City Manager and City Attorney to work with the Lincoln Road Business Improvement District, Inc. (the "Lincoln Road BID"), for the purpose of establishing a special assessment district, pursuant to Chapter 170, Florida Statutes, to stabilize and improve the Lincoln Road retail business district, through promotion, management, marketing, and other similar services (Resolution No. 2024-32911 is attached hereto as Exhibit"A"); and WHEREAS, subject to the approval of a majority of the affected property owners, the special assessments levied within the proposed special assessment district, known as the "Lincoln Road Business Improvement District"(the"District"), shall be used to provide the services described in Exhibits "B" and "C", attached hereto and incorporated herein (the "Services"); and WHEREAS, the District shall consist of those commercial properties bounded on the west by Alton Road; on the east by Washington Avenue; on the north by 17th Street; and on the south by Lincoln Lane South; provided, however, that the following properties shall be excluded and exempted from the District: (1) residential properties; (2) any property owned or occupied by a religious institution and used as a place of worship or education (as defined in Section 170.201(2), Florida Statutes); and (3) common areas owned by condominium associations; and WHEREAS, an assessment plat of the proposed District, showing the areas to be assessed, as required in section 170.04, Florida Statutes, is on file with the Office of the City Clerk where it is available for inspection by the public, and is also attached hereto and incorporated herein as Exhibit"E"; and WHEREAS,the Mayor and City Commission hereby determine that it is in the best interest of the City, and that of the District,to provide, or cause to be provided, the Services for the District and, as such, wish to defray the cost of the Services by levying special assessments upon the affected properties within the District ("Assessments"), which Assessments shall increase every year by three percent(3%); and WHEREAS, the Mayor and City Commission further determine that special benefits shall accrue to the properties within the District from the Services, and that the Assessments shall be made in proportion to the benefits received; and WHEREAS, an estimated Year One budget outlining the proposed Services and estimated costs thereof, is attached hereto as Exhibit"B", and, pursuant to Section 170.04, Florida Statutes, is on file with the City Clerk's Office, and is available for inspection by the public; and WHEREAS, the Mayor and City Commission have determined that the Assessments to be levied shall not exceed the special benefits to the affected properties within the District. NOW,THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AS FOLLOWS: SECTION 1: All findings and recitals contained in this Resolution are hereby adopted and incorporated herein. SECTION 2: Pursuant to the provisions of Chapter 170, Florida Statutes, the Mayor and City Commission hereby authorize a special assessment to be levied and collected, and hereby renew the special assessment district, known as the "Lincoln Road Business Improvement 2 District,"for a term of ten (10)years, subject to the approval of a majority of the affected property owners in the District, for the purposes of stabilizing and improving the Lincoln Road retail business district, which is located within a nationally recognized historic district, through promotion, management, marketing, and other similar services. SECTION 3: The boundaries of the proposed District are as follows: All lots and lands adjoining and contiguous or bounding and abutting upon such improvements or specially benefited thereby and further designated by the Assessment Plat, attached hereto and incorporated herein as Exhibit"E". SECTION 4: The nature of the Services is set forth in Exhibit "C" attached hereto and incorporated herein. SECTION 5: The total estimated cost of the Services to be funded by the proposed Assessments is approximately $1,570,117 for the first year and shall increase by three (3%) percent each year.thereafter. SECTION 6: The Assessments shall be levied in accordance with the applicable provisions of Chapter 170, Florida Statutes, for the purposes of defraying the cost of the Services, as described in the Year 1 Budget, and in accordance with the Budget and Services Narrative, attached as Exhibits "B" and "C" hereto and incorporated herein. SECTION 7: At the time of adoption of the Resolution by the Mayor and City Commission, the Exhibits to this Resolution shall be on file with the City Clerk and open to inspection by the public including: the Assessment Plat, showing the area to be assessed; a description of the Services; and an estimate of the cost of the Services. SECTION 8: Following approval of this Resolution, the City Administration is hereby authorized and directed to cause to be made a preliminary assessment roll, as promptly as possible, which shall show the properties assessed by folio number;the amount of benefit to each property; and the special assessments against each property assessed by folio number. A draft preliminary assessment roll is attached hereto as Exhibit"D". SECTION 9: The assessment shall be payable in one installment per year to the Finance Director of the City, or the Finance Director's designee, on such date as shall be contained in a bill to be mailed to each property owner within the District at least thirty(30) days prior to the due date, and following the confirmation by the Mayor and City Commission of the Final Assessment Roll. Installments not paid when due shall become due and payable in accordance with statutory provisions and shall remain liens, coequal with the lien of all state, county, district, and municipal taxes, superior in dignity to all other liens, titles, and claims, until paid, and shall bear interest, at such rate or rates as specified in Section 170.09, Florida Statutes. SECTION 10: Upon completion of the preliminary assessment roll, the Mayor and City Commission shall adopt a subsequent resolution to fix a time and place at which the owners of the property to be assessed, or any other persons interested therein, may appear before the Mayor and City Commission and be heard as to the propriety and advisability of the Assessments or the provision of the Services, the costs thereof, the manner of payment therefor, or the amount thereof to be assessed against each property so serviced, all in accordance with Chapter 170, Florida Statutes. 3 SECTION 11: The City Clerk is hereby directed to cause this Resolution to be published one time in a newspaper of general circulation published in the City. SECTION 12: This Resolution shall become effective upon the date of its adoption herein, provided, however, that if the proposed special assessment does not receive the approval of a majority of the affected property owners (fifty (50%) percent plus one), the Resolution shall be null and void. '/ PASSED and ADOPTED this a7 day of JNI , 2024. ATTEST: .„„ : i �IkCORP f„.24,e ,o Steven Meiner, Mayor Rafael . Granado, City Clerk \.. (Sponsored by Commissioner Steven Meiner and co-sponsored by Commissioner Laura Dominguez, Commissioner Kristen Rosen Gonzalez, Commissioner Alex Fernandez, and Commissioner Joseph Magazine) Co-Sponsored by Commissioner Tanya K Bhatt APPROVED AS TO FORM AND LANGUAGE & FOR EXECUTION 3P :-7 I23 J2021= City Attorney kw.._Date 4 Resolutions C7 F MIAMI BEACH COMMISSION MEMORANDUM. TO: Honorable Mayor and Members of the City Commission FROM: Rickelle Williams, Interim City Manager DATE: July 24,2024 TITLE: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, RENEWING, PURSUANT TO CHAPTER 170, FLORIDA STATUTES, AND SUBJECT TO THE APPROVAL OF A MAJORITY OF THE AFFECTED PROPERTY OWNERS, THE SPECIAL ASSESSMENT DISTRICT KNOWN AS THE LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT, WHICH IS SET TO EXPIRE IN 2025, FOR AN ADDITIONAL TERM OF TEN (10) YEARS, TO STABILIZE AND IMPROVE THE LINCOLN ROAD RETAIL BUSINESS DISTRICT, THROUGH PROMOTION, MANAGEMENT, MARKETING,AND OTHER SIMILAR SERVICES (THE "SERVICES"); PROVIDING FOR THE LEVY AND COLLECTION OF SPECIAL ASSESSMENTS IN THE AMOUNT OF $1,570,117 IN THE FIRST YEAR,WHICH SHALL INCREASE BY THREE (3%) PERCENT EVERY YEAR; INDICATING THE LOCATION, NATURE, AND ESTIMATED COST OF THE SERVICES, WHOSE COSTS ARE TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE MADE; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE MADE; DESIGNATING THE LANDS UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE LEVIED; PROVIDING FOR PUBLICATION OF THIS RESOLUTION, IN ACCORDANCE WITH SECTION 170.05, FLORIDA STATUTES; AUTHORIZING THE CITY ADMINISTRATION TO CAUSE TO BE MADE A PRELIMINARY ASSESSMENT ROLL, IN ACCORDANCE WITH SECTION 170.02, FLORIDA STATUTES; AND UPON COMPLETION OF SUCH PRELIMINARY ASSESSMENT ROLL, PROVIDING THAT SUCH ASSESSMENT ROLL SHALL BE ON FILE WITH THE OFFICE OF THE CITY CLERK AND OPEN TO THE INSPECTION OF THE PUBLIC. RECOMMENDATION Adopt the Resolution, which is sponsored by Mayor Steven Meiner, and co-sponsored by Vice Mayor Laura Dominguez, Commissioner Kristen Rosen Gonzalez, Commissioner Alex Fernandez, and Commissioner Joseph Magazine. The Resolution would renew the Lincoln Road Business Improvement District, Inc ("Lincoln Road BID" or the "District") for an additional 10-year term, in accordance with the accompanying exhibits, subject to a special election of affected property owners. BACKGROUND/HISTORY On April 15, 2015, the Mayor and City Commission (City Commission) adopted Resolution No. 2015-28992, which created a special assessment district to be known as the Lincoln Road Business Improvement District for a period of ten (10)years, to stabilize and improve the Lincoln Road retail business district, which is located within a nationally recognized historic district, through promotion, management, marketing,and other similar services. Page 541 of 1750 The District is bounded on the west by Alton Road; on the east by Washington Avenue; on the north by 17th Street; and on the south by Lincoln Lane South; provided, however, that the following properties are excluded and exempted from the District: (i) residential properties; ( ii) properties owned or occupied by a religious institution and used as a place of worship or education (as defined in Section 170.201(2), Florida Statutes); and (iii) common areas owned by condominium associations. As approved in 2015,the District contained 76 tax folios: 58 properties with property lines abutting Lincoln Road and 18 properties, located in close proximity on adjacent cross streets (Lenox, Michigan, Jefferson, Meridian, and Drexel Avenues), that do not share property lines abutting Lincoln Road. On May 20, 2015, the City Commission adopted Resolution No. 2015-29026, which called for a special mail ballot election (the "2015 Election") that the City conducted from June 29, 2015 to July 24, 2015, to determine whether a majority (50% plus one) of the affected property owners approved the creation of the District. Fifty-seven (57) ballots were cast in favor of the creation of the District, three (3) ballots were cast in opposition to the creation of the District, four (4) ballots were rejected as improperly cast, and twelve (12) ballots were not returned. On July 31, 2015, the City Commission approved Resolution No. 2015-29098, adopting the Official Election Certification of the Canvassing Board for the 2015 Election, and setting a public hearing on September 30, 2015, for the owners of the property to be assessed or any other interested persons to appear before the City Commission and be heard as to the propriety and advisability of making such improvements, as to the cost thereof, as to the manner of payment therefor, and as to the amount thereof to be assessed against each property so improved. Following the duly noticed hearing on September 30, 2015, the City Commission voted to levy the special assessments. Thereafter, pursuant to Section 170.08, Florida Statutes, the City Commission met as an equalizing board to hear and consider any and all complaints as to the special assessments and to adjust and equalize the assessments on a basis of justice and right, following which the City Commission adopted Resolution No. 2015-29145, approving the final assessment roll. On November 2,2015,the City and the Lincoln Road Business Improvement District, Inc. entered into a Memorandum of Understanding (MOU), which set forth the obligations of the Lincoln Road BID to administer the District, as well as the rights and obligations of the City to collect the special assessments,conduct an annual review of the Lincoln Road BID's budget and activities,and audit the Lincoln Road BID. The Lincoln Road BID was formally organized and incorporated by filing Articles of Incorporation with the Secretary of State of the State of Florida on October 30, 2015, and was granted a tax exemption under Section 501(c)(6)of the Internal Revenue Code. With the current term of the District expiring in 2025, the Lincoln Road BID seeks to renew the special assessment district for an additional 10-year term pursuant to the following procedure outlined in Chapter 170, Florida Statutes. On February 21, 2024, Resolution No; 2024-32911, attached hereto and incorporated herein as Exhibit"A", authorized the City and Lincoln Road BID to work together to renew the District in accordance with Chapter 170, Florida Statutes. Pursuant to the request of Mayor Meiner, and co-sponsors Vice Mayor Laura Dominguez, Commissioner Kristen Rosen Gonzalez, Commissioner Alex Fernandez, and Commissioner Joseph Magazine, the attached Resolution is the initial requirement under Chapter 170, Florida Statutes, for renewing the special assessment district. ANALYSIS A. Proposed Renewal of the "Lincoln Road Business Improvement District" Page 542 of 1750 The attached Resolution renews, subject to the approval of a majority of the affected property owners, a special assessment district, known as the "Lincoln Road Business Improvement District", for a term of ten (10) years, to stabilize and improve the Lincoln Road retail business district, which is located within a nationally recognized historic district, through promotion, management, marketing, and other similar services. The Resolution provides for the creation of a preliminary assessment roll; provides for the annual levy and collection of special assessments, in the amount of$1,570,117; indicates the location, nature, and estimated cost of those services, which costs are to be defrayed by the special assessments; provides the manner in which such special assessments shall be made; provides when such special assessments shall be made; designates the lands upon which the special assessments shall be levied; provides for publication of this Resolution; and authorizes other • related actions. The material terms for the proposed District are as follows: 1. District Boundaries The District shall be bounded on the west by Alton Road; on the east by Washington Avenue; on the north by 17th Street; and on the south by Lincoln Lane South; provided, however, that the following properties shall be excluded and exempted from the District: (1) residential properties; (2)any property owned by a City, County, State,or Federal governmental entity or school district; (3) any property owned or occupied by a religious institution and used as a place of worship or education (as defined in Section 170.201(2), Florida Statutes); and (3) common areas owned by condominium associations. Pursuant to Section 170.04, Florida Statutes, at the time of the adoption of the attached Resolution, there shall be on file with the City Clerk an assessment plat showing the area to be assessed,which assessment plat shall be open to public inspection.A proposed assessment plat is attached as Exhibit"E"to the Resolution. 2. Term/Duration of the District The term/duration of the renewed District is ten (10)years, identical to the District's current term. 3. Total Annual Amount of Special Assessments to be Levied and Collected The total amount of special assessments to be levied and collected, initially, in the first budget year shall be approximately $1,570,117. Annually thereafter, the assessment for each property shall increase by three(3%) percent. Each year, prior to preparing an Annual Budget, the Lincoln Road BID shall be responsible for reviewing the assessment roll to verify the status and use of all properties and recommending any adjustments to the assessments based upon changes in use, where applicable. Any change must be approved in advance and in writing by the City. 4. Assessment Methodologies To ensure a fair and equitable assessment, the following assessment methodologies (i.e., formulas), also included in Exhibit"F"to the Resolution,shall apply to properties within the special assessment district: a. Property with Lincoln Road frontage Properties abutting Lincoln Road shall be assessed at the rate of two dollars and twenty cents ($2.20) per square foot of the lot size, based on the size of the ground floor only, in year 1, with three percent (3%)annual increase thereafter. Page 543 of 1750 b. Property without Lincoln Road frontage Properties that do not abut Lincoln Road shall be assessed at the rate of twenty-two cents ($0.22) per square foot of the lot size, based on the size of the ground floor only, in year 1, with three percent (3%) annual increase thereafter. c. Property owned or occupied by a religious institution Property owned or occupied by a religious institution and used as a place of worship or education shall be excluded and exempted from the special assessment district. Section 170.201(2)defines "religious institution" as any church, synagogue, or other established physical place for worship at which nonprofit religious services and activities are regularly conducted and carried on. If any portion of a property owned by a religious institution is not used as a place of worship or education, that portion of the property shall not be excluded or exempted from the proposed special assessment district. d. Property owned by a condominium association Any common areas owned by condominium associations and located on the ground floor of a condominium shall be excluded and exempted from the proposed special assessment district. The following property addresses include common areas owned by commercial condominium associations and located on the ground floor: 401 Lincoln Road, 605 Lincoln Road, 663-667 Lincoln Road, 918-922 Lincoln Road, and 1680 Michigan Avenue. (Residential properties are not included in the District.) e. 408 Lincoln Road and 1110 Lincoln Road With respect to 408 Lincoln Road and 1110 Lincoln Road, the special assessment shall be calculated based only on the square footage of that portion of ground floor property lying north of Lincoln Lane South. This reflects the existing formula applied to these two properties since the start of the District's current term, as stipulated by Resolution 2015-29145, which approved the District's final assessment roll. 5. Services to be Provided The special assessments shall be used to fund those Services described in Exhibit"B"(Year One Budget) and Exhibit "C" (Budget Narrative and Summary of Services) to the Resolution. Per the District's Budget Narrative and Summary of Services,the Year One Budget contemplates funding for: • marketing and advertising expenses, to attract people to Lincoln Road to shop, dine, and attend special events and holiday activities; • programming expenses, including multiple art installations, annual Halloween block party event and other holiday programming, sponsorships, community wellness programming, and off-duty police staffing and contingency plan; and • general administrative and office expenses. B. Procedure for Renewing the District,following the Adoption of the attached Resolution 1. Notice Requirement If the City Commission adopt the attached Resolution, the City shall cause the Resolution to be published one time in a newspaper of general circulation published in the City, pursuant to Section 170.05, Florida Statutes. Page 544 of 1750 2. Preliminary Assessment Roll Additionally, upon adoption of the attached Resolution, and pursuant to Section 170.02, Florida Statutes, the Administration shall cause to be made a preliminary assessment roll, in accordance with the method of assessment provided for in the Resolution,which shall show the lots and lands assessed, the amount of benefit to and the assessment against each lot or parcel of land, and the number of annual installments in which the assessment is divided. Upon completion, the preliminary assessment roll shall be made available for public inspection in the City Clerk's Office. (A draft of the Preliminary Assessment Roll is attached hereto as Exhibit"D"). 3. Special Mail Ballot Election Following completion of the Preliminary Assessment Roll, the City Commission will adopt a Resolution calling for a special mail ballot election to determine whether a majority of the affected property owners(50% plus one) approve District renewal and the proposed special assessments throughout the renewed term.As the City Clerk, in consultation with the City Attorney's Office,will administer the election, the City Commission will also authorize an MOU between the City and Lincoln Road BID to govern election procedures and ensure reimbursement of the election costs by the Lincoln Road BID. 4. Final Hearing of the Mayor and City Commission to (1) Hear Testimony, (2) Decide Whether to Levy Special Assessments, and (3) Meet as an Equalizing Board to Adjust and Equalize Assessments If a majority of the affected property owners approve renewal of the District, the City Commission shall adopt a Resolution to schedule a public hearing, at which the owners of properties to be assessed, or any other interested persons, may appear before the City Commission, to be heard as to the propriety and advisability of the provision of District Services, and/or the assessments proposed to be levied, the costs thereof, the manner of payment therefor, or the amount thereof to be assessed against each property so serviced. Following the public hearing, the City Commission shall make a final decision on whether to levy the special assessments by renewing the District. At that time, the City Commission shall also serve as an "equalizing board", to hear and consider any complaints as to the special assessments and, if necessary, adjust the assessments on a basis of justice and right. Once equalized and approved by a Resolution of the City Commission, a final assessment roll shall be filed with the City Clerk. The special assessments in the final assessment roll will then be confirmed as legal, valid, and binding liens on the assessed properties until paid. SUPPORTING SURVEY DATA The Lincoln Road pedestrian mall is a favorite for locals and visitors, with an estimated 8.1 million visitors annually, according to Placer.ai data reported by Lincoln Road BID, and 56% of residents ranking it as their most frequently visited Miami Beach landmark in the City's 2024 Community Survey. The District's proposed Year One Budget(Exhibit"C")allocates a majority of the revenue derived from property owner assessments to programming and activities that attract residents and visitors alike. Page 545 of 1750 FISCAL IMPACT STATEMENT . Adopting this Resolution has no direct fiscal impact to the City. If the City Commission authorizes the special mail ballot election by subsequent Resolution, the City Clerk's Office will administer the election and the Lincoln Road BID will reimburse all related costs. If the District term is renewed, a new memorandum of understanding (MOU) will be negotiated to outline respective obligations during the renewed term, including an annual administrative fee paid to the City and reimbursement of certain City costs. Does this Ordinance require a Business Impact Estimate? (FOR ORDINANCES ONLY) The Business Impact Estimate (BIE)was published on . See BIE at: https://www.miamibeachfl.gov/city-hall/city-clerk/meeting-notices/ FINANCIAL INFORMATION The District's Year One Budget (Exhibit "B") relies solely on projected revenue from BID assessments next year(FY 2025), totaling $1,570,117. In contrast, the FY 2024 Budget, totaling $1,597,499, included additional revenue from the City ($160,000 City contribution for Block by Block Ambassador services) and $12,500 from programming partnerships. Today, the City and Lincoln Road BID have a separate MOU for environmental maintenance and hospitality services (the "Block by Block MOU"), authorized by Resolution No. 2022-32391, with a final, 1-year renewal term that will commence October 1, 2024, if elected by the City Manager, at their option. According to the Lincoln Road BID, unlike the 2024 Annual Budget, the Year One Budget does not include the City's $160,000 annual funding, in the event that the Block by Block MOU is not renewed for FY 2025. CONCLUSION The attached Resolution shall become effective upon the date of adoption; provided, however, if the special assessment district does not gain approval from a majority (50% plus one)of affected property owners, the Resolution shall be null and void. The Administration recommends the City Commission initiate the renewal of the proposed District by adopting the Resolution.The following step will be for the City Commission, upon adoption of a subsequent Resolution, to call for a special mail ballot election, administered by the City Clerk's Office. On behalf of its membership, the Lincoln Road BID requests the City Commission provide property owners with the ability to choose whether to continue assessing themselves. If a majority approve, any concerned property owner or member of the public will have the opportunity to address the City Commission at a duly noticed public hearing. Since its formation, the District has served to coalesce a unified voice among Lincoln Road stakeholders and provide services that enhance this prominent commercial district. For these reasons, the Administration is supportive. Attachments A. Resolution No. 2024-32911 dated February 21, 2024 B. Year One Budget C. Budget Narrative and Summary of Services D. Preliminary Assessment Roll E. Assessment Plat F. Assessment Methodologies Page 546 of 1750 Applicable Area South Beach Is this a "Residents Right to Know" item, Is this item related to a G.O. Bond pursuant to City Code Section 2-17? Project? No No Was this Agenda Item initially requested by a lobbyist which, as defined in Code Sec. 2-481, includes a principal engaged in lobbying? Yes If so, specify the name of lobbyist(s) and principal(s): Lyle Stern, President — Lincoln Road Business Improvement District, Inc. Department Economic Development Sponsor(s) Mayor Steven Meiner Co-sponsor(s) Commissioner Laura Dominguez Commissioner Kristen Rosen Gonzalez Commissioner Alex Fernandez Commissioner Joseph Magazine Condensed Title Renew LRBID, Subject to Majority Approval of Affected Property Owners (SM/LD/KRG/AF/JM) ED Page 547 of 1750 RESOLUTION NO. 2024-32911 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE OFFICES OF THE CITY MANAGER AND CITY ATTORNEY TO WORK WITH THE LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT, INC., FOR THE PURPOSE OF RENEWING THE SPECIAL ASSESSMENT DISTRICT KNOWN AS THE LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT, WHICH IS SET TO EXPIRE IN 2025, PURSUANT TO CHAPTER 170, FLORIDA STATUTES,TO STABILIZE AND IMPROVE THE LINCOLN ROAD RETAIL BUSINESS DISTRICT, WHICH IS LOCATED WITHIN A NATIONALLY RECOGNIZED HISTORIC DISTRICT, THROUGH PROMOTION, . MANAGEMENT, MARKETING, AND OTHER SIMILAR SERVICES. WHEREAS, Chapter 170, Florida Statutes, authorizes any municipality, subject to the approval of a majority of the affected property owners, to levy and collect special assessments against property benefited for the purpose of stabilizing and improving retail business districts, wholesale business districts, or nationally recognized historic districts, or any combination of such districts, through promotion, management, marketing, and other similar services, in such districts of the municipality; and WHEREAS, on April 15, 2015, the Mayor and City Commission adopted Resolution No. 2015-28992, which created a special assessment district to be known as the Lincoln Road Business Improvement District (the "District") for a period of ten (10) years, to stabilize and improve the Lincoln Road retail business district, which is located within a nationally recognized historic district, through promotion, management, marketing, and other similar services; and • WHEREAS, the District is bounded o.n the west by Alton Road; on the east by Washington Avenue; on the north by 17th Street;and on the south by Lincoln Lane South; provided, however, that the following properties are excluded and exempted from the District:(i)residential properties;(ii)properties owned or occupied by a religious institution and used as a place of worship or education (as defined in Section 170.201(2), Florida Statutes); and (iii) common areas owned by condominium associations; and WHEREAS, on November 2, 2015, the City and the Lincoln Road Business Improvement District, Inc. ("Lincoln Road BID"), a not-for-profit, tax-exempt entity registered with the State of Florida, entered into a Memorandum of Understanding(MOU), which set forth the obligations of the Lincoln Road BID to administer the District during the ten (10)-year term of the District; and WHEREAS, the Lincoln Road BID seeks to work with the City to renew the special assessment district pursuant to Chapter 170, Florida Statutes,to continue to stabilize and improve the Lincoln Road retail business district through promotion, management, marketing, and other similar services. Page 548 of 1750 • NOW, THEREFORE, BE IT DULY RESOLVED *BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby authorize the Offices of the City Manager and City Attorney to work with the Lincoln Road Business Improvement District, Inc., for the purpose of renewing the special assessment district known as the Lincoln Road Business Improvement District, which is set to expire in 2025, pursuant to Chapter 170, Florida Statutes, to stabilize and improve the Lincoln Road retail business district, which is located within a nationally recognized historic district, through promotion, management, marketing, and other similar services. PASSED and ADOPTED THIS al day of Qir r 2024. y ATTEST: .711 FHB 2 3 .2024 ven Meiner, Mayor Rafael E. Granado, City Clerk APPROVED AS TO FORM AND LANGUAGE & FOR EXECUTION City Attorney o1�. Date (Sponsored by Mayor Steven Meiner) Co-Sponsored by Commissioner Kristen Rosen Gonzalez Co-Sponsored by Commissioner Alex J.Fernandez IN( RP ORATE Co-Sponsored by Commissioner Laura Dominguez ,is • Co-Sponsored by Commissioner Joseph Magazine • • • • • Page 549 of 1750 Resolutions-C7 A MIAMI BEACH • COMMISSION MEMORANDUM • TO: Honorable Mayor and Members of the City Commission FROM: Aline T. Hudak, City Manager DATE: February 21, 2024 SUBJECT:A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA,AUTHORIZING THE OFFICES OF THE CITY MANAGER AND CITY ATTORNEY TO WORK WITH THE LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT, INC., FOR THE PURPOSE OF RENEWING THE SPECIAL ASSESSMENT DISTRICT KNOWN AS THE LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT, WHICH 1S SET TO EXPIRE IN 2025, PURSUANT TO CHAPTER 170, FLORIDA STATUTES, TO STABILIZE AND IMPROVE THE LINCOLN ROAD RETAIL BUSINESS DISTRICT, WHICH IS LOCATED WITHIN A NATIONALLY RECOGNIZED HISTORIC DISTRICT, THROUGH PROMOTION, MANAGEMENT, MARKETING,AND OTHER SIMILAR SERVICES. RECOMMENDATION Approve the Resolution, which is sponsored by Mayor Meiner, to authorize the Offices of the City Manager and City Attorney to work with the Lincoln Road Business Improvement District, Inc.on the renewal process for the special assessment.district.. BACKGROUND/HISTORY On April 15, 2015,the Mayor and City Commission adopted Resolution No. 2015-28992,which created a special assessment district to be known as the Lincoln Road Business Improvement District(the "District")for a period of ten(10) years, to stabilize and improve the Lincoln Road retail business district, which is located within a nationally recognized historic district, through promotion, management, marketing,and other similar services. The District is bounded on the west by Alton Road; on the east by Washington Avenue; on the north by 17th Street;and on the south by Lincoln Lane South. However,the following properties are excluded and exempted from the District (I}residential properties; (ii) properties owned or occupied by a religious institution and used as a place of worship or education (as defined in Section 170.201(2), Florida Statutes); and (iii) common areas owned by condominium associations. On May 20, 2015,the Mayor and City Commission adopted Resolution No. 2015-29026, which called for a special mail ballot election(the"Election")that was held from June 29, 2015 to July 24, 2015, to determine whether a majority (50% plus one) of the affected property owners Page 266 of 1278 Page 550 of 1750 approved the creation of the District. Fifty-seven(57)ballots were cast in favor of the creation of the District,three (3)ballots were cast in opposition to the creation of the District,four(4)ballots were rejected as improperly cast,and twelve(12)ballots were not returned. On July 31, 2015, the Mayor and City Commission approved Resolution No. 2015- 29098, adopting the Official Election Certification of the Canvassing Board for the Election, and setting a public hearing on September 30, 2015, for the owners of the property to be assessed, or any other interested persons,to appear before the Mayor and City Commission and be heard as to the propriety and advisability of making such improvements, as to the cost thereof, as to the manner of payment therefor, and as to the amount thereof to be assessed against each property. Following the duly noticed hearing on September 30, 2015, the Mayor and City Commission voted to levy the special assessments. Pursuant to Section 170.08, Florida Statutes,the Mayor and City Commission met as an equalizing board to hear and consider any and all complaints as to the special assessments and to adjust and equalize the assessments on a basis of justice and right,following which the Mayor.and City Commission adopted Resolution No. 2015-29145, approving the final assessment roll. On November 2, 2015, the City and the Lincoln Road Business Improvement District, Inc. ("Lincoln Road BID").entered into a Memorandum of Understanding (MOU), which set forth the obligations of the Lincoln Road BID to administer the District, as well as the rights and obligations of the City including, but not limited to, collecting .the special assessments and conducting an annual review of the Lincoln Road B I D's budget and activities. The Lincoln Road BID was formally organized and incorporated by filing Articles of Incorporation with the Secretary of State of the State of Florida on October 30, 2015, and was granted a tax exemption under Section 501(cX6)of the Internal Revenue Code. ANALYSIS Created by Carl Fisher in 1912 and reimagined as a pedestrian mall by Morris Lapidus in the 1960s, Lincoln Road is home to retailers, restaurants, cafes, galleries, and operators sparring eight(8)blocks.As originally approved by the City Commission via Resolution No. 2015-29145, the District contains 76 tax folios: 58 properties with Lincoln Road frontage and 18 folios without Lincoln Road frontage.• Following completion of the Lincoln Road Master Plan in 2015,the Mayor and City Commission have reaffirmed their commitment to uphold Lincoln Road's stature as an internationally renowned commercial district. The Lincoln Road Redevelopment Project, re-authorized via Resolution No.2021-31552,calls for upgrading the pedestrian mall and its landscaping, lighting, street infrastructure,and related improvements. Complementing the City's physical enhancements, the Lincoln Road BID supports economic development of the District by maintaining and enhancing its commercial tenant portfolio and curating family-friendly cultural programming. New commercial development consistently attracts investment in and around Lincoln Road and leasing activity remains strong as the corridor's inviting outdoor setting draws top brands and retailers. According to data presented in the Lincoln Road BID's Fiscal Year 2024 Annual Report, Lincoln Road is South Florida's most Page 267 of 1278 Page 551 of 1750 popular outdoor lifestyle destination based on annual foot traffic counts. The services administered by the Lincoln Road BID include maintenance and beautification efforts, safety and security initiatives, marketing and promotion campaigns, as well as events and activations that enrich the cultural fabric of our community. Renewing the District for another term will ensure and strengthen the continuation of vital services and programs that have contributed to the success of the commercial district. If the Mayor and City Commission desire to renew the District for another term, the statutory procedure is identical to the procedure for the initial creation of a business improvement district. Chapter 170, Florida Statutes, authorizes any municipality, subject to the approval of a majority of the affected property owners, to levy and collect special assessments against property benefited for the purpose of stabilizing and improving retail business districts, wholesale business districts, or nationally recognized historic districts, or any combination of such districts, through promotion, management, marketing, and other similar services, in such districts of the municipality. Pursuant to the existing MOU,the Lincoln Road BID will complete its final assessment year on September 30, 2025. As such, the Lincoln Road BID seeks to work with the City to renew the special assessment district pursuant to the following procedure guided by Chapter 170, Florida Statutes. • City Commission authorizes the City Administration and City Attorney's Office to work with the Lincoln Road BID to renew the District • City Commission renews the District, subject to the approval of majority of the affected property owners in a special mail ballot election • City Commission calls the special election and approves a memorandum of understanding to conduct the election and reimburse the City for its costs • City Clerk mails election ballots to District property owners,who must return ballots to the City to cast their vote • Election Canvassing Board certifies election results, City Commission accepts official election certification and sets public hearing before the City Commission acting as the equalizing board, assuming property owners approve in election • Public hearing for property owners to comment upon renewal of the special assessment district and City Commission adopts final assessment roll • City Commission authorizes a memorandum of understanding with BID for purposes of administering the District for another 10-year term The renewal process is anticipated to span approximately one year. Factors such as any modifications to the assessment methodology (if necessary), property owner outreach and engagement, and negotiation of the memorandum of understanding, among others, could impact the projected timeline. LOBBYIST DISCLOSURE In accordance with Resolution No. 2023-32857, adopted by the City Commission on December 13, 2023, the following information has been provided by the Administration as it relates to the subject resolution. 1. Was the Agenda Item initially requested by a lobbyist which, as defined in Code Sec. 2-481, includes a principal engaged in lobbying?Yes Page 268 of 1278 Page 552 of 1750 • 2. If so, specify name of lobbyist(s) and principal(s): Lyle Stem, President and Anabel Llopis, Executive Director-Lincoln Road Business Improvement District, Inc. SUPPORTING SURVEY DATA The Lincoln Road commercial district is a favorite location for locals and visitors,with 57.4%of residents ranking it among the top locales in the City to visit—recipient of the highest number of votes in the 2022 Community Satisfaction Survey. According to Placer.ai data, as reported by the Lincoln Road BID,approximately 8.1 million people visit Lincoln Road each year. FINANCIAL INFORMATION Approval of the subject resolution would not have a fiscal impact. However, it is important to note that the City currently supports the Lincoln Road BID's ambassador initiative at approximately $160,000 annually. Over the years,the City has also provided the Lincoln Road BID with ad hoc financial and operational support for various projects or programs. Should the renewal procedures move forward to completion, the process would culminate with negotiation and approval of a memorandum of understanding that will outline the fiscal impact to the City, if any. CONCLUSION Formation of the special assessment district has contributed to Lincoln Road becoming a commercial and cultural hub by attracting businesses,tourists, and investment to our city.As the district's operational manager since 2015,the Lincoln Road BID is an important City partner, by ensuring economic resiliency,fostering community engagement, and enhancing quality of life for residents and visitors alike. The Administration recommends that the Mayor and City Commission approve the resolution authorizing the Offices of the City Manager and the City Attorney to work with the Lincoln Road BID for purposes of renewing the special assessment district, pursuant to Chapter 170, Florida Statutes. • Applicable Area South Beach Is this a"Residents Right Does this item utilize G.O. to Know"item.pursuant to Bond Funds? • 1ity Code Section 2-14? No No Strategic Connection Prosperity-Revitalize targeted areas and increase investment Legislative Tracking Economic Development Sponsor Mayor Meiner ,Page 269 of 1278 • Page 553 of 1750 ATTACHMENTS: Description o Resolution - Page 270 of 1278 Page 554 of 1750 EXHIBIT"B" LINCOLN ROAD BID BUDGET FOR 1ST YEAR,INCLUDING TOTAL ESTIMATE COST OF SERVICES FISCAL YEAS[2025-2026] OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER TOTAL REVENUE ASSESSMENT FEES 1,570,117.00 - - - - - - - - - - 1.570.117.00 TOTAL REVENUE 1,570,117.00 - - - - - - - - - - - f 1,570,117.00 f.XPENSE5 BID SERVICES 8 PROGRAMS MBPD 7,200.00 7,200.00 7,200.00 7.200.00 7,200.00 7,200.00 7,200.00 7,200,00 7.200.00 7.200.00 7,200.00 7,200.00 86.400.00 PROGRAMMING 87,200.00 57,200.00 58908.00 57,200.00 27,200.00 15.400.00 89,700.00 14,200.00 11,700.00 18.700.00 9.200.00 9,200.00 433,808.00 GROUNDS-SIGNAGEBANNERS 5,000.00 5.000.00 CONTINGENCY 2,083.33 2,083.33 2,083.33 2,083.33 2.083.13 2,083.33 2,083.33 2,083.33 2,083.33 2,083.33 2,083.33 2,083.33 25,000.00 SPONSORSHIPS 40,000.00 40.000.00 TOTAL BID SERVICES 8 PROGRAMS 136,483.33 66,483.33 68,191.33 86,483.33 36,483.13 29,883.33 78,983.33 23,483.33 20,983.33 25,983.33 18,483.33 18,483.33 500,20600 MARKETING 8 ADVERTISING SOCIAL MEDIA AGENCY RETAINER 6,500.00 6,500.00 6,500.00 8,500.00 6,500.00 8,500.00 6,500.00 6,500,00 6,500.00 6,500.00 6.500.00 8,500.00 78,000.00 DIGITAL AGENCY RETAINER 3,500.00 3,500.00 3,500.00 3,500.00 3,500.00 3,500.00 3.500.00 3,500.00 3,500.00 3,500.00 3500.00 3,500.00 42,000.00 PEDESTRIAN DATA 19,500.00 - - - - - - - - - - 19,500.00 ADVERTISING ONLINE 4,500.00 4,500.00 4,500.00 4.500.00 4.50040 4,500.00 4,500,00 4,500.00 4.500,00 4,500.00 4,500.00 4,500.00 54.000.00 PHOTOGRAPHY 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 12,000.00 PRINT MEDIA 1,000,00 1,000,00 1.000,00 1,000,00 1,000.00 1,000,00 1,000,00 1,000,00 1.030,00 1,000,00 1,000,00 1.000,00 12,000,00 PRINTING-GRAPHIC DESIGN 1,000.00 1,000.00 1,000.00 1,000.00 1,003.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 12,000.00 TOTAL MARKETING 8 ADVERTISING 37,000.00 17,500.00 17,500.00 17.500.00 17,500.10 17,500.00 17,500.00 17,500.00 17.500.00 17,500.00 17,500.00 17,500.00 229,500.00 OFFICE EXPENSES PROFESSIONAL SERVICES LEGAL FEES&GOVT AFFAIRS 3.000.00 3,000.00 3,000.00 3,000.00 3.000.00 3,000.00 3,000.00 3.000.00 3,000.00 3.000.00 3.000.00 3,000.00 36,000.00 CONSULITNG FEE 15.833.33 15,833.33 15,833.33 15,833.33 15,833.13 15,833.33 15,833.33 15,833.33 15,833.33 15,833.33 15,833.33 15,833.37 190,000.00 PUBLIC RELATIONS AGENCY RETAINER 7,500.00 7,500.00 7.500.00 7,500.00 7,500.00 7,500.00 7,500.00 7,500.00 7,500.00 7,500,00 7,500.00 7,500.00 90,000.00 TOTAL PROFESSIONAL SERVICES 18,833.33 18,533.33 18,533.33 18,533.33 18,833.13 16,533.33 16,833.33 18.833.33 18,833.33 15,833.33 18,833.33 18.533.37 316,000.00 PROFESSIONAL ACCOUNTING FEES AUDIT 8 TAX PREP FEES 7,000.00 7,000.00 - . - - _ - _ _ - - 14.000.00 ACCOUNTING/CONSULTING FEES 725.00 725.00 725.00 725.00 725.00 725.00 725.00 725.00 725.00 725.00 725.00 725,00 8,700.00 TOTAL PROFESSIONAL ACCOUNTING FEES 7,725.00 7,725.00 725.00 725.00 725.X 725.00 725.00 725.00 725.00 725.00 725.00 725.00 22,700.00 COMMUNICATION SERVICES TELEPHONE/INTERNET SERVICE 350,00 350,00 350,00 350,00 350,00 350,00 350,00 350,00 350,00 350,00 350,00 350,00 4,200,00 EMAIL FAX SERVICE 36.00 36.00 36.00 36.00 36.00 36.00 36.00 38.00 36.00 36.00 38.00 36.00 432.00 TOTAL COMMUNICATIONS SERVICES 386.00 386.00 388.00 386.00 386.00 386.00 386.00 386,00 386.00 388.00 386.00 388.00 4,832.00 MEETING EXPENSES ANNUAL MEETING 4,000.00 4,000.00 MEETING EXPENSES 500.00 200.00 200.00 200.00 200.00 200.00 200.00 500.00 200.00 200.00 200.00 200.00 3.000.00 TOTAL MEETING EXPENSES 500.00 4,200.00 200.00 200.00 200.00 200.00 200.00 500.00 200.00 200.00 200.00 200.00 7,000,00 TOTAL OFFICE EXPENSES 27,444.33 31,144.33 20,144.33 20,144.33 20,144.33 20,144.33 20,144.33 20.444.33 20,144.33 20,144.33 20,144.33 20,144.37 350,332.00 PAYROLL EXPENSES EXECUTIVE DIRECTOR PAYROLL 14,162.50 14,182.50 14,162.50 14,182.50 /4,16230 14.182.50 14,162.50 14,162.50 14,162,50 14.182.50 14,182.50 14,182.50 169,950.00 STAFF PAYROLL 7.585.83 7,585.83 7,585.83 7,555.83 7,585.03 7,585.83 7.585.83 7,585.83 7,585.83 7,555,83 7,585.53 7,585.87 91,030.00 HEALTH INSURANCE 1.850.00 1.850.00 1,850.00 1,850.00 1,850.00 1.850.00 1,850.00 1,850.00 1,850.00 1,850.00 1,850.00 1,850.00 22,200.00 PAYROLL TAXES 1,663.75 1,663.75 1,8033.75 1,883.75 1,883.'5 1,663.75 1,683.75 1,663.75 1,563.75 1.663.75 1,663.75 1,663.75 19,965.00 PAYROLL FEES 8 EXPENSES 275.00 275.00 275.00 275.00 275.00 275.00 275.00 275.00 275.00 275.00 275.00 275.00 3,300.00 WORKERS COMP EXPENSES 75,00 75,00 75,00 75,00 75,00 75,00 75,00 75,00 75,00 75,00 75,00 75,00 900,00 TOTAL PAYROLL EXPENSES 25,612.06 25,612.08 25,812.08 25,812.08 25,812.08 25,612.08 25.612.08 25812.08 25,612.08 25,812.08 25.612.08 25.612.12 307,345.00 RENTALS AND LEASES RENT EXPENSE 3,200.00 3,200.00 3,200.00 32200.00 3,200.10 3,200.00 3,200.00 3,200.00 3,200.00 3,200,00 3.200.00 3.200.00 38,400.00 EQUIPMENT.SOFTWARE,8 SUBS 1,822.00 883.00 427.00 477.00 927.00 883.00 427.00 979.00 1.535.00 855.00 683.00 383.00 10,081.00 TOTAL RENTALS AND LEASES 5,022.00 4,083.00 3,827.00 3,877.03 4,127.00 3,683.00 3,627.00 4,179.00 4,735.00 3,855.00 4,083.00 3,583.00 46,461.00 INSURANCE EXPENSE LIABILITY INSURANCE 730.00 730.00 730.00 730.00 730.00 73000 730.00 730.00 730.00 730.00 730.00 730.00 8,750.00 PREMISES INSURANCE 42.00 42.00 42.00 42.00 42.10 42.00 42.00 42.00 42.00 42.00 42.00 42.00 504.00 INSURANCE/OFFICER-DIRECTORS 141.67 141.67 141.67 141.87 141,17 141.87 141.67 141.67 141.67 141.67 141.67 141.87 0,700.00 TOTAL INSURANCE EXPENSE 913.67 91387 913.67 913.87 91347 913.67 913.67 913.67 913.67 913.67 913.87 913.67 10,964.00 OTHER EXPENSES BANK SERVICE CHARGES&FEES 75.00 75.00 75.00 75.00 75.00 75.00 75,00 75.00 75.00 75.00 75.00 75.00 900.00 PARKING&AUTO EXPENSE 305.00 305.00 305.00 305.00 305.00 305.00 305.00 305.00 305.00 305.00 30500 305.00 3,880.00 MEMBERSHIPS 490.00 750.00 700.00 1,225.00 673.00 3,838.00 BUSINESS LICENSES AND PERMITS 45.00 700.00 745.00 CITY OF MIAMI BEACH ADMIN FEES 1,194.50 1,194.50 1,194.50 1,194.50 1,194,50 1,194.50 1,194.50 1.194,50 1,194.50 1,194.50 1,194.50 1,194.50 14,334.00 OFFICE SUPPLIES 250.00 250.00 250.00 250.00 250.00 250.00 250.00 250.00 250.00 250.00 250.00 250.00 3,000.00 POSTAGE AND DELIVERIES 125.00 125.00 125.00 125.00 125.00 125.00 125.00 125.00 125.00 125.00 125.00 125.00 1,500.00 FLORIDA DEPT.OF STATE ANNUAL REPORT - - 200.00 110.00 - - - - - - - - 310.00 TOTAL OTHER EXPENSES 2.439.50 2,699.50 2,149.50 2,059.50 1,949.50 2,849.50 3,174.50 1,949.50 2,622.50 1,994.50 1,949.50 2,849.50 28,287.00 TRAVEL AND ENTERTAINMENT TRAVEL AND ENTERTAINMENT 2,500.00 2,500.00 5,000.00 TOTAL TRAVEL AND ENTERTAINMENT 2,500.00 - - - - - - 2,500 00 - _ - - 5,000.00 TOTAL OPERATING EXPENSES 237,414.91 148,435.91 138,137.91 136,389.91 106.729.11 100,385.91 149.951.91 96,581.91 92,510.91 96,002.91 88.685.91 88,885.99 f 1,570,117.00 Page 555 of 1750 EXHIBIT "C" BUDGET NARRATIVE AND SUMMARY OF SERVICES TO BE PROVIDED 1. Revenues The revenues in the attached proposed budget($1,570,117) represent the total amount of the special assessments to be collected in the first year of the special assessment district, as detailed in the Preliminary Assessment Roll, attached as Exhibit"D." 2. Administrative and Office Expenses Administrative and office expenses for the special assessment district shall total$750,409. • Staffing costs, including employment benefits, for two employees (an executive director and a staff assistant) shall total $307,345. • Office expenses for rent, liability insurance, annual report, audit, accounting, and consulting fees, legal fees and public relations fees shall total $386,364. • Other administrative expenses including directors and officer's insurance, licensing and permitting, memberships, meeting expenses, software, equipment, communication services, parking, wire transfer fees to CMB, postage, office supplies and travel shall total $56,700. 3. Marketing and Advertising Expenses Marketing expenses shall total $229,500 and shall include expenditures to attract people to Lincoln Road to shop, dine, and attend special events and holiday activities, as follows: • Advertising expenses online advertising, social media agency shall total $132,000. • Other marketing costs, pedestrian data technology, photography, print media, graphic design and website maintenance shall total $97,500. 4. BID District Programs BID District Program expenses, including multiple art installations, Halloween block party event, sponsorships, community wellness programming, holiday programming, and off-duty police and contingency plan, shall total $590,208, as follows: • Halloween block event, community wellness programs, temporary art installations, holiday programming related purchases, installation and removal of decorations, technical assistance for programs, rental of equipment for events, and costs of performing artists and related technical crew for presentations shall total $433,808. • Miami Beach Police off-duty program shall total $86,400. • Sponsorship of South Beach Jazz Festival and Miami New Drama shall total $40,000. Total District Expenses: $1,570,117 Page 556 of 1750 EXHBIT "D" PRELIMINARY ASSESSMENT ROLL 1. Folios with Lincoln Road Frontage Folios with frontage on Lincoln Road shall be assessed at two dollars and twenty cents ($2.20) per square foot in year 1, with 3% annual increases thereafter. See Assessment Methodologies, attached as Exhibit"F". No. Property Address Lot S.F. Folio No. (02-3234-) Assessment 1 1111 Lincoln Rd. 48,000 018-0080 $105,600 2 1100 Lincoln Rd.' 44,353 018-0250 $97,577 3 1001 Lincoln Rd. 16,189 018-0070 $35,616 4 1035 Lincoln Rd. 15,003 018-0040 $33,000 5 1029 Lincoln Rd. 7,50C 018-0050 $16,500 6 1021 Lincoln Rd. 9,262 018-0060 $20,376 7 1036 Lincoln Rd. 15,000 002-0090 $33,000 8 1018 Lincoln Rd. 7,50C 002-0080 $16,500 9 1000 Lincoln Rd. 16,503 002-0070 $36,300 10 1657 Michigan Ave. 7,50C 018-0010 $16,500 11 927 Lincoln Rd. 22,500 018-0020 $49,500 12 901 Lincoln Rd, 15,000 018-0030 $33,000 13 930 Lincoln Rd. 15,000 002-0220 $33,000 14 918 Lincoln Road, #1A2 1,554 076-0010 $3,419 15 920 Lincoln Road, #2A 1,25E 076-0020 $2,768 16 922 Lincoln Road, #3A 1,49C 076-0030 $3,278 17 910 Lincoln Rd 7,50C 002-0200 $16,500 18 900 Lincoln Rd 7,50C 002-0190 $16,500 19 825 Lincoln Rd 22,517 007-0550 $49,537 20 801 Lincoln Rd. 22,503 007-0540 $49,500 21 846 Lincoln Rd. 7,50C 002-0350 $16,500 22 838 Lincoln Rd. 15,000 002-0340 $33,000 23 818 Lincoln Rd. 7,50C 002-0330 $16,500 24 800 Lincoln Rd. 15,003 002-0320 $33,000 25 741 Lincoln Rd. 11,726 007-0491 $25,797 26 719 Lincoln Rd.4 18,836 007-0490 $41,439 27 701 Lincoln Rd. 15,000 000-0010 $33,000 1 1100 Lincoln Road shall be assessed based on the square footage of that portion of the lot that lies between Lincoln Road and Lincoln Lane South. 2 918, 920, and 922 Lincoln Road form part cf a condominium, The common areas owned by the condominium association shall be excluded from the special assessment district. Page 557 of 1750 No. Property Address Lot S.F. Folio No. (02-3234-) Assessment 28 663 Lincoln Rd.3 1,46C 219-0010 $3,212 29 665 Lincoln Rd. 1,46E 219-0020 $3,223 30 667 Lincoln Rd. 1,089 219-0030 $2,396 31 643 Lincoln Rd. 10,500 000-0030 $23,100 32 635 Lincoln Rd. 5,25C 005-0010 $11,550 33 631 Lincoln Rd. 5,25C 005-0020 $11,550 34 607 Lincoln Rd. 5,201 005-0030 $11,442 35 605 Lincoln Rd. #100 4 3,31C 168-0010 $7,282 36 605 Lincoln Rd. #110 2,979 168-0020 $6,554 37 605 Lincoln Rd. #120 3,219 168-0030 $7,082 38 734 Lincoln Rd. 15,000 003-0040 $33,000 39 1646 Euclid Ave. 15,000 003-0010 $33,000 40 730 Lincoln Rd. 7,50C 003-0030 $16,500 41 720 Lincoln Rd. 7,50C 003-0020 $16,500 42 670 Lincoln Rd. 30,00D 003-0060 $66,000 43 600 Lincoln Rd. 15,000 003-0050 $33,000 44 551 Lincoln Rd. 15,487 005-0050 $34,071 45 533 Lincoln Rd. 5,25C 005-0060 $11,550 46 521 Lincoln Rd. 5,25C 005-0070 $11,550 47 511 Lincoln Rd. 5,25C 005-0080 $11,550 48 501 Lincoln Rd. 4,987 005-0090 $10,971 49 532 Lincoln Rd. 16,50) 003-0100 $36,300 50 530 Lincoln Rd. 7,50C 003-0080 $16,500 51 455 Lincoln Rd. 4,987 005-0100 $10,971 52 433 Lincoln Rd. 10,500 005-0110 $23,100 53 421 Lincoln Rd. 10,500 005.0120 $23,100 S4 401 Lincoln Rd.s 8,738 072-0010 $19,224 55 500 Lincoln Rd.6 8,477 003-0070 $18,649 56 408 Lincoln Rd,' 55,659 006-0020 $122,450 3 663, 665, and 667 Lincoln Road form part of a condominium, The common areas owned by the condominium association shall be excluded from the special assessment district. 4 605 Lincoln Road is a condominium. The common areas owned by the condominium association shall be excluded from the special assessment dist-ict. 5 401 Lincoln Road is a condominium. The comnon areas owned by the condominium association shall be excluded from the special assessment distict. 6 Only that portion of 1620 Drexel Avenue tha- is owned or occupied by a religious institution and used as a place of worship or education shall be excluded from the special assessment district. The remainder of the property is included in the special assessment district. ' 408 Lincoln Road shall be assessed based on the square footage of that portion of the lot that lies between Lincoln Road and Lincoln Lane South. Page 558 of 1750 2. Folios without Lincoln Road Frontage Folios without Lincoln Road frontage shall be assessed at twenty-two cents ($0,22) per square foot in year 1, with 3% annual increases thereafter. See Assessment Methodologies, attached as Exhibit"F". No. Property Address Lot S.F. Folio No. (02-3234-) Assessment 57 1681 Lenox 16,00) 004-0800 $3,520 58 1685 Lenox 8,00C 004-0790 $1,760 59 1664 Lenox 11,765 004-0850 $2,588 60 1056 17 Street 8,00C 004-0780 $1,760 61 1000 17 Street 8,00C 004-0770 $1,760 62 1680 Michigan, #1008 1,932 178-0010 $425 63 1680 Michigan, #101 603 178-0020 $133 64 1680 Michigan. #103 763 178-0030 $168 65 1691 Michigan Ave. 76,500 004-0690 $16,830 66 1688 Meridian Ave. 18,750 007-0600 $4,125 67 1680 Meridian Ave. 11,25) 007-0590 $2,475 68 1674 Meridian Ave. 8,25C 007-0580 $1,815 69 723 N. Lincoln Lane 20,563 007-0520 $4,524 70 1675 Meridian Ave, 49,933 007-0530 $10,986 71 500 17 Street 66,649 000-0093 $14,663 Total for properties with Lincoln Road frontage 56 Folios $1,502,585 Total for properties without Lincoln Road frontage 15 Folios $67,532 TOTAL FOR PROPERTIES WITHIN DISTRICT 71 Folios $1,570,117 8 1680 Michigan is a condominium. The common areas owned by the condominium shall be excluded from the special assessment district. 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T , pi,—" • 10,64 -IL • • MON v., 441, fr ,.7; o 1..-Nos i, ' mei, • — mow 0/A'- ....„.r.04_00..01104• •...lt•At ra .4 ri 4te -44 • gi, ir.,IL 4,., .N.• '-''' f 41 Qom sma A 0111111Part ss' ...tit- • MI I--lir •••• hi atir-'"POO 1 . ffillief,11 zemr-1. gin* ._ 1.„Fg6; iL__ AT n0 Beoch•11•PutAlc Works. partn4a0•1700 Convention C•nter Orlre•M4adni- 4 h 33130•705$72 7000•pagtanlarritaaachlIspv•trona rnian0b144011,04. Dougrer,Path IA • .•'•<I, • - 4 L0001n• • r••athainRaaa811 th•• -• •fr.apa .r: MO 7,1024 I 0 R. City of Miami Beach Proposed Lincoln Road Business Improvement District Renewal ii\I 2. ...so - July 15,2024 Draft Preliminary Accessment Roll 4 i a... lz•NeedID Draft for discussion only ( BID Properties Parcels not within BID — Page 560 of 1750 EXHIBIT"F" ASSESSMENT METHODOLOGIES The following assessment methodologies (i.e., formulas) shall apply to properties within the proposed special assessment district: 1. Property with Lincoln Road frontage Properties that front Lincoln Road shall be assessed at the rate of two dollars and twenty cents ($2.20) per square foot of the lot size, based on the size of the ground floor only, in Budget Year 1, with 3% annual increase thereafter. 2. Property without Lincoln Road frontage Properties that do not front Lincoln Road shall be assessed at the rate of twenty-two cents ($0.22) per square foot of the lot size, based on the size of the ground floor only, in Budget Year 1, with 3% annual increase thereafter. 3. Property owned or occupied by a religious institution Property owned or occupied by a religious institution and used as a place of worship or education shall be excluded and exempted from the proposed special assessment district. Section 170.201(2) defines "religious institution" as any church, synagogue, or other established physical place for worship at which nonprofit religious services and activities are regularly conducted and carried on. If any portion of a property owned by a religious institution is not used as a place of worship or education, that portion of the property shall not be excluded or exempted from the proposed special assessment district. 4. Property owned by a condominium association Any common areas owned by condominium associations and located on the ground floor of a condominium shall be excluded and exempted from the proposed special assessment district. The following property addresses include common areas owned by condominium associations and located on the ground floor: 401 Lincoln Road, 605 Lincoln Road, 663- 667 Lincoln Road, 918-922 Lincoln Road, and 1680 Michigan Avenue. 5. 408 Lincoln Road and 1110 Lincoln Road With respect to 408 Lincoln Road and 1110 Lincoln Road, the special assessment shall be calculated based on the square footage of only that portion of property that lies north of Lincoln Lane South. Page 561 of 1750