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BIE - APPENDIX A (11/5/2024)MIAMI BEACH City of Miami Beach,1700 Convention Center Drive,Miami Beach,Florida 33139,www.miamibeachfl.gov TO: FROM: Mayor Steven Meiner and Members of the City Commission Eric Carpenter,City Manager ~fo(L MEETING DATE:November 20,2024 SUBJECT:BUSINESS IMPACT ESTIMATE FOR: AN ORDINANCE OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH.FLORIDA.BY AMENDING APPENDIX A OF THE CITY CODE TO:(1) ROLLBACK ALL PARKING FEES AND RESIDENT PARKS AND RECREATION FEES (EXCLUDING-GOLFCOURSE FEES)AT THE FY 2024 RA TES,INCLUDING ALL PARKING RATES THAT WERE SCHEDULED FOR AN AUTOMATIC 5-YEAR CONSUMER PRICE INDEX (CPI)ADJUSTMENT ON OCTOBER 1,2024 PURSUANT TO ORDINANCE NO.2019-4299;(2)PROVIDE FOR ADJUSTMENT OF ALL PARKING FEES AND RELATED RATES BY ANNUAL CPI ADJUSTMENTS WITH A 3%CAP ;AND (3)RESCIND CERTAIN PARKING RATE MODIFICATIONS APPROVED VIA ORDINANCE NO.2024-4619 TO CONFORM SUCH PARKING RATES IN ANTICIPATION OF THE 5-YEAR CPI ADJUSTMENT THAT WAS SCHEDULED TO OCCUR ON OCTOBER 1.2024:AND PROVIDING FOR REPEALER, SEVERABILITY,CODIFICATION,AND AN EFFECTIVE DATE Is a Business Impact Estimate Required? X Yes □No (If no,please check one of the boxes below) If one or more boxes are checked below,this means the City of Miami Beach has determined that a Business Impact Estimate for the above-referenced Ordinance is not required by State law. □The proposed Ordinance is required for compliance with Federal or State law or regulation;□The proposed Ordinance relates to the issuance or refinancing of debt; □The proposed Ordinance relates to the adoption of budgets or budget amendments,including revenue sources necessary to fund the budget;□The proposed Ordinance is required to implement a contract or an agreement, including,but not limited to,any Federal,State,local,or private grant or other financial assistance accepted by the City;□The proposed Ordinance is an emergency ordinance;□The Ordinance relates to procurement;or □The proposed Ordinance is enacted to implement the following: a.Part II of Chapter 163,Florida Statutes,relating to growth policy,county and municipal planning,and land development regulation,including zoning, development orders,development agreements and development permits; Business Impact Estimate Page 2 b.Sections 190.005 and 190.046,Florida Statutes,regarding community development districts; c.Section 553.73,Florida Statutes,relating to the Florida Building Code;or d.Section 633.202,Florida Statutes,relating to the Florida Fire Prevention Code. If none of the above exceptions apply,this Business Impact Estimate is hereby provided in accordance with Section 166.041 (4 ),Florida Statutes. 1.A summary of the proposed Ordinance and its purpose is more fully set forth in the Commission Memorandum accompanying the Ordinance,as well as in the recitals to the Ordinance itself,which are attached hereto. 2.The proposed fee structure will result in a reduction in costs to residents and businesses. The fiscal impact of this measure,FY 2025 is estimated at approximately $5,302,000 across all Parking funds and $105,300 for Parks and Recreation fees (non-golf courses). 3.Good faith estimate of the number of businesses likely to be impacted by the proposed Ordinance: The City of Miami Beach estimates that 7,000 businesses are likely to be impacted by the proposed Ordinance.This is due to the possibility that all businesses could be impacted by changes in parking rate changes. I 4.Additional comments:None