1A-Adopt Operating Budgets City Center Anchor Shops and Parking GarageMIAMI BEACH REDEVELOPMENT AGENCY ITEM SUMMARY
Condensed Title:
A Resolution of the Chairperson and Members of the Miami Beach Redevelopment Agency adopting and appropriating
the operating budgets for the City Center Redevelopment Area, the Anchor Shops and Parking Garage and the
Avenue Shoos and for Fiscal Year 2014115.
The proposed budget for the City Center Redevelopment Area for Fiscal Year 2014115 has been prepared to coincide
with the overall City budget process, and is being presented to assist in providing a comprehensive overview of the
district. Additionally, the revenues and expenses associated with the operations of the Anchor Shops and Parking
Garage as well as the Pennsylvania Avenue Shops and Parking Garage are presented as separate schedules so as to
eliminate any perception that proceeds from the Facility's operations are pooled with TIF and other Trust Fund
revenues.
Based on the 2014 Certification of Taxable Value from the Property Appraiser's ffice, the preliminary value of property
in City Center is $4,186,683,074, an increase of 8.1o/o over 2013. However, as in previous years, the City has received
correspondence from the County, advising of the finalization of the tax roll for the prior year, which in the case of FY
2012113, reflects a decrease from the preliminary valuation for the same year and will result in a corresponding
adjustmenUreduction in TIF revenues totaling $2,291,000for2014115, versus $168,000 for 2013114and $3.5 million for
2012113. Additional sources of revenue include a Y, mill levy in the amount of $1.8 million, to be set aside for the
Children's Trust pursuant to an lnterlocal Agreement, dated August 16, 2004 between the RDA, the City of Miami
Beach and Miami-Dade County; an estimated $25,000 in interest income; and an estimated $100,000 in other revenue.
The total proposed FY 2014115 City Center Redevelopment Area Budget is $38,519,000.
ln order to address the existing and future obligations of the Redevelopment Area, it is recommended that the
Redevelopment Agency adopt the attached Resolution which establishes the operating budgets for the City Center
Redevelopment Area, the Anchor Shops and Parking Garage and the Pennsylvania Avenue Shops and Garage for FY
2014t15.
ThisitemwasoiginallyadoptedonSeptember30,20l4. OnNovemberlT,20l4,theFloridaDepaftmentofRevenue
(DOR) officially notified the City of Miami Beach that we are not in compliance with Truth-in-Millage (TRIM) law due to
an enor in the Budget Summary advertisement posted in the Miami Herald on September 25, 2014. Per DOR's
requirements, this item will re-adopt and re-appropriate the operating budgets for the City Center Redevelopment Area,
the Anchor Shops and Parking Garage and the Pennsylvania Avenue Shops and Garage for Fiscal Year 201 4/1 5.
Board Recommendation:
Enhance Beauty and Vibrancy of Urban And Residential Neighborhoods; Focusing on Cleanliness, Historic
Assets, ln Select Neighborhoods And Redevelopment Areas.
pporting Data (Surveys, Environmental Scan, etc.): One out of ten residents (10%) feels the best way to
the overall qualitv of life in Miami Beach is to increase Citv beautification and cleanliness.
Financia! lnformation:
Source of
Funds:
Amount Account
1 $38,519,000 City Center Redevelopment Area Fund
2 $ 6,395,000 Anchor Shops and Parking Garage Operations
3 $ 1,681,000 Pennsylvania Avenue Shops and Garage Operations
OBPI Total $46,595,000
Financial Impact Summary:
Clerk's Office
Max Sklar, Georgette Daniels and John Woodruff
RDA
Cobrdinator
Budget
Director
Assistant
Director{RDAI
Executive
Director IRDA)
MAS JN,I^IV KGB /D JLM }s
T:\AGENDA\201 Bur 14 (12-02-14).doc
AGEilDXilEm , A# MIAMIBEACH BATE IZ-Z- ILI173
g MIAMIBEACH
City of Miqmi Beoch, 1700 Convenlion Cenler Drive, Miomi Beoch, Florido 33 139, www.miomibeochf .gov
REDEVELOPMENT AGENCY MEMORANDUM
Chairperson and Members of the Miami
Jimmy L. Morales, Executive Director
DATE: December 2,2014
SUBJECT: A RESOLUTION OF THE CHAIRPER AND MEMBERS OF THE MIAMI BEACH
AND APPROPRIATING THE OPERATINGREDEVELOPMENT AGENCY,
BU DGETS FOR TH E CITY CENTER REDEVELOPM ENT AREA TH E ANCHOR SHOPS
AND PARKING GARAGE AND THE PENNSYLVANIAAVENUE SHOPS AND GARAGE
FOR FISCAL YEAR 2014115.
TRIM COMPLIANCE
This item was originally adopted on September 30, 2014. On November 17, 2014, the Florida
Department of Revenue (DOR) officially notified the City of Miami Beach that we are not in
compliance with Truth-in-Millage (TRIM) law due to an error in the Budget Summary advertisement
postedintheMiamiHeraldonSeptember25,2Ol4. PeTDOR'srequirements,thisitemwillre-adopt
and re-appropriate the operating budgets for the City Center Redevelopment Area, the Anchor
Shops and Parking Garage and the Pennsylvania Avenue Shops and Garage for Fiscal Year
2014115.
ADMINISTRATION RECOMMENDATION
Adopt the Resolution.
ANALYSIS
The proposed budget for the City Center Redevelopment Area for Fiscal Year 2014115 has been
prepared to coincide with the overall City budget process, and is being presented to assist in
providing a comprehensive overview of the district. Additionally, the revenues and expenses
associated with the operations of the Anchor Shops and Parking Garage as well as the
Pennsylvania Avenue Shops and Parking Garage are presented as separate schedules so as to
eliminate any perception that proceeds from the Facility's operations are pooled with TIF and other
Trust Fund revenues
City Center Redevelopment Area
Revenues
Based on the 2014 Certification of Taxable Value from the Property Appraiser's Office, the
preliminary value of property in City Center is $4,186,683,074 an increase of 8.1o/o oyet 2013,
marking the fourth year in a row values have increased following two years of decline. However, as
TO:
FROM:
Agency
174
December 2, 2014
Redevel op me nt Age ncy Memorand u m
Operating Budget for City Center for FY 2014/15
Page 2 of 4
in previous years, the City has received correspondence from the County, advising of the finalization
of the tax roll for the prior year, which in the case of FY 2012113, reflects a decrease from the
preliminaryvaluation forthe same yearand will result in a corresponding adjustmenUreduction in TIF
revenues totaling $2,291,000 for 2014115, versus $168,000 for 2013114 and $3.5 million for
2012113.
Additional sources of revenue include alz mill levy in the amount of $1.8 million, to be set aside for
the Children's Trust pursuantto an lnterlocalAgreement, dated August 16,2004 between the RDA,
the City of Miami Beach and Miami-Dade County; an estimated $25,000 in interest income; and an
estimated $100,000 in other revenue.
Expenditures
Project-related expenses accountforapproximately $10.3 million, which includes $4.5 million to be
allocated for community policing initiatives in the City Centerto continue providing enhanced levels
of staffing and services throughout the area, and $5.8 million for maintenance of RDA capital
projects.
Administrative Expenses total $1,403,000 comprising a management fee of $972,000 which is
allocated to the General Fund to pay for direct and indirect staff support for the RDA; $406,000 for
actual operating expenses; and $25,000 for capital renewal and replacement projects under
$25,000. lt should be noted that the Management Fee allocation is reflective of actual city resources
applied to the operation of the RDA, as supported by the RSM McGladrey Cost Allocation Study,
dated July 20, 2009. lt should further be noted that Administrative and Operating expenses account
for less than four percent (3.7o/o) of the total budget, which is well below the 20o/o threshold level
established (and permitted) in the lnterlocal Agreement between the City and the County.
The current combined debt service on the 2005 Series Bonds and the Parity Bonds accounts for
approximately $g.S million annually. City Center also continues assuming debt service payments on
the portion of the Gulf Breeze Loan used to pay for the Bass Museum expansion and renovation,
and the portion of the Sunshine State Loan Program used for Lincoln Road improvements, which
collectively account for approximately $1.3 million.
Reserve line item expenditures include those items that, pursuant to the existing Bond Covenants,
may only be expended once the annual debt service obligations have been met. These include the
County's administrative fees, equivalent to 1.5o/o of its respective TIF payment; and the
corresponding contribution to the City's General Fund, equivalent to 1 .5% of the City's share of its
TIF payment; and the remittance of the Y" mill tax levy back to the Children's Trust.
ln addition, the proposed budget includes $14,587,000 in funding towards the new debt service
anticipated forthe remaining projects in the CityCenterCapitalPlan, aswellas for$274.3 million in
debt for the Convention Center Expansion and Renovation Project, consistent with the terms being
negotiated with Miami-Dade County. The authorizing documents for the additional debt will be
presented at a later date once the debt structure has been finalized and negotiations with Miami-
Dade County concluded.
175
December 2, 2014
Red evel op me nt Age ncy Me mora nd u m
Operating Budget for City Center for FY 2014/15
Page 3 of 4
The remaining projects in the City Center Capital Plan include:
Bass Museum lnterior Space Expansion $3,750,000
Convention Center Lincoln Rd Connectors & 17th St
N. lmprovement Penn Ave to Wash $12,000,000
Lincoln Rd / Washington Ave to Lenox Ave $20,000,000
The revenues and expenses associated with operations of the City Center RedevelopmentArea and
the Anchorand Pennsylvania Shops and Garages are presented as separate schedules in orderto
eliminate any perception that proceeds from the facilities'operations are pooled with TIF and other
Trust Fund revenues:
Anchor Shops and Parking Garage
Garage revenues at the Anchor Garage are projected at approximately $5.4 million, with operating
expenses, (including depreciation, contractual revenue-sharing obligations with Loews and general
fund administrative fees) of approximately $3 million, and an allocation of $2,069,000 for
construction on the Collins Park Garage. The Anchor retail operations is expected to generate
$886,000 in revenues, including interest, with operating expenses and depreciation totaling
$141,000, renewal & replacement projects totaling $650,000, aswell as projected reserves of
$95,000. Additionally, $338,000 in transfers to the Pennsylvania Avenue Garage/Retailis budgeted
to offset the RDA's estimated costs associated with the retail and parking operations.
Pennsylvania Avenue Shops and Garage
ln consideration of the fact that the Pennsylvania Avenue Shops and Garage was built by the RDA
on City-owned property, the operation of the facility has been structured in the form of a ground
lease between the City and the RDA, providing terms for both the Garage and Retail operations.
The garage operations include base rent and an administrative fee, consistent with that of the
Anchor Garage, Parking's operational fee, and revenue sharing between the Cityand the RDA. The
Retail operations also include base rent and an administrative fee, as well as a retail lease rate
based on 2010 retail market cap rates. The retail operations also include revenue sharing between
the City and the RDA.
Based on estimates of the garage's current-yearoperating results, and taking into consideration the
successfulexecution of a lease agreementwith Penn 17,LLC, forthe entire retailspace, the facility
is anticipated to generate $1,343,000 in revenues in FY 2014115, comprising $703,000 in parking
revenues and $640,000 in retail income. However, since the facility is stillanticipated to operate ata
loss during FY 2014115, the Anchor Garage/Retailwill subsidize its operations through a transferof
$338,000 to the parking operations. Expenses for the facility are budgeted at $1.6 Million,
comprising $1,041,000 in direct operating costs for the garage and $640,000 in lease term-related
obligations.
176
December 2, 2014
Red evelop me nt Age ncy Me mora nd u m
Operating Budget for City Center for FY 2014/15
Page 4 of 4
CONCLUSION
The proposed FY 2014115 City Center Redevelopment Area Budget is $38,519,000. The Anchor
Garage & Shops is $6,395,000 and the Pennsylvania Avenue Garage & Shops is $1,681,000.
ln order to address the existing and future obligations in the Redevelopment Area, it is
recommended that the Redevelopment Agency adopt the attached Resolution, which establishes
the operating budgets for the City Center Redevelopment Area, the Anchor Shops and Parking
Garage, and the Pennsylvania Avenue Shops and Garage for FY 2014115.
JLM/KGB/MS/J
Attachment
T:\AGEN DA\20 1 4\December\RDA Bud get memo 201 4-1 5 (1 2-02-1 ).doc
177
RESOLUTION NO.
A RESOLUTION OF THE CHAIRPERSON AND MEMBERS OF
TH E MIAMI BEACH REDEVELOPMENT AGENGY ADOPTING AND
APPROPRIATING THE OPERATING BUDGET FOR THE CITY
CENTER REDEVELOPMENT AREA, THE ANCHOR SHOPS AND
PARKING GARAGE, AND THE PENNSYLVANIAAVENUE SHOPS
AND PARKING GARAGE FOR FISCAL YEAR 2014115.
WHEREAS, the proposed City Center Redevelopment Area Budget has been prepared to
coincide with the overall City budget process; and
WHEREAS, the proposed City Center Redevelopment Area Budget reflects anticipated
construction project costs in addition to operating and debt service costs for FiscalYear201412015;
and
WHEREAS, the proposed budgets for the Anchor Shops and Parking Garage and the
Pennsylvania Avenue Shops and Garage have been included as separate schedules to the City
Center Redevelopment Area Budget, reflecting projected revenues and operating expenses for the
fiscal year; and
WHEREAS, the Executive Director of the Miami Beach Redevelopment Agency
recommends approval of the proposed Fiscal Year 2014/15 budgets for the City Center
Redevelopment Area, as well as for the Anchor Shops and Parking Garage and the Pennsylvania
Avenue Shops and Parking Garage; and
WHEREAS, on September 30, 2014, the City Commission passed and adopted Resolution
No. 604-2014 which adopted and appropriated the Operating Budget for the City Center
Redevelopment Area, the Anchor Shops and Parking Garage, and the Pennsylvania Avenue Shops
and Parking Garage for FY 2014115; and
WHEREAS, on November 17,2014, the City of Miami Beach received the Florida
Department of Revenue's (DOR) notice that the City of Miami Beach was not in compliance with
Truth-in-Millage (TRIM) law due to an error in the Budget Summary advertisement published in the
Miami Herald on September 25,2014; and
WHEREAS, a special City Commission meeting to hold the new final hearing as provided in
DOR's notice has been scheduled for December 2,2014 and has been duly advertised; and
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CHAIRPERSON AND MEMBERS
OF THE MIAM! BEACH REDEVELOPMENTAGENCY, thatthe Chairperson and Members hereby
adopt and appropriate the operating budget for the City Center Redevelopment Area, the Anchor
Shops and Parking Garage, and the Pennsylvania Avenue Shops and Garage for Fiscal Year
2014115, as follows:
City Center Redevelopment Area
Anchor Garage Parking Operations
Anchor Garage Retail Operations
Pennsylvania Avenue Garage Parking Operations
Pennsylvania Avenue Garage Retail Operations
$38,519,000
$5,491,000
$904,000
$1,041,000
$640,000
178
PASSED AND ADOPTED this 2nd day of December,2014.
Philip Levine, Ghairperson
ATTEST:
Rafaet E. Granado, Secretary
KB:MAS
T:\AGENDA\201 4\December\RDA BUDGET RESO 2014_1 5( 1242-1 4').doc
APPROVED AS TO
FORM & LANGUAGE
w.fu^,,
179
Miami Beach Redevelopment Agency
City Center Redevelopment Area
Proposed FY 2014115 Operating Budget
FY11t12
Actual
FY 2012t13
Actual
FY 2013t14
Adopted
FY 2014t1s
Budgeted
Variance
Revenues and Other Sources of lncome
Tax lncrement - City
Proj Adjustment to City lncrement
Tax lncrement - County
Proj Adjustment to County lncrement
50o/o Contribution from Resort Tax
"l12 Mill Children's Trust Contribution
lnterest lncome
Fund Balance Reallocation: (Non-TlF)
Fund Balance Renewal and Replacement
Other I ncome/Adjustments:
TOTAL REVENUES
Admin/Operating Expenses
Management fee (salaries & benefits)
Salaries and Benefits
Advertising & promotion
Postage & mailing
Office supplies & equipment
Other Operating
Meetings & conferences
Dues & subscriptions
Licences & Taxes
Audit fees
Professional & related fees
Repairs and Maintenance
lntemal Services
Total Admin/Operating Expenses
Project Expenses
Community Policing 168-1 124
Capital Projects Maintenance:
Code: 168-9963
Property Mgmt 168-9964
Sanitation: 168-9965
Greenspace: 168-9966
Parks Maintenance:'l 68-0945
NWS ProjecUlincoln Park Complex Contingency
NWS Project - Grant-in-Aid
Transfer to Penn Garage Parking
Transfer to Penn Garage Retail
Transfer to Renewal and Replacement
Transfer to Capital Projects
Total Project Expenses
Reserves, Debt Service and Other Obligations
Debt Service Cost - 2005 + Parity Bonds
City Debt Service - Lincoln Rd Project
City Debt Service - Bass Museum
Reserve for County Admin Fee
Reserve for CMB Contribution
Reserve for Children's Trust Contribution
Reserve -Prior Year Fund Balance/Future Capital Projects
Repayment-Prior Yr Fund Balance
Prooosed From FY 13/'14
$ 18,337,693 $ 19,188,399 $ 19,934,000 $ 21,435,000 $ 1,501,000(1,756,457) (1,870,s42) (94,000) (1,225,000) (1,131,000)
14,291 ,236 14,817 ,619 15,992,000 1 7,400,000 1 ,408,000(1,367,1s7) (1,633,395) (74,000) (1,066,000) (992,000)4,925,168 5,546,756 5,386,000 - (5,386,000)
1,481,004 1,570,405 1,831,000 1,8s0,000 19,0008,278 27,925 25,000 25,000
:
5,196 999,791 - 100,000 100,000
$ 3,4',t1,726 $ 3,702,342 $
1 ,013,473 1 ,061,0272,560,468 2,536,108
506,242 556,555
4,195,000 $ 4,522,000 $
972,000 $ (71,000)- (155,000)
50,000
1,000
2,000
1,000
1,000
2,000
60,000
23,000
327,000
174,000
216,000
41,000
64,000
274,000
$ 952,889 $
$59,601
2,269
20,260
175,373
8,548,105 $
1,103,366
502,746
193,861
248,7',tg
1,48',t,004
1,451,823
795 200
128,729
976,000 $
46,614
1,563
753_
20,500
529,M7
8,524,081 $
785,000
503,000
197,718
260,774
1,570,405
1,043,000 $
155,000
50,000
3,000
4,000
1,000
1,000
2,000
21.000
1 ,1 76,000
3,020,000
832,000
(2,000)
(2,000)
60,000
2,000
(416,000)629,000 213,00031,489 32,487 25,000 2s,00033,938 108,143 27,000 53,000 26,000$ 1,276,614 $ 1,8,14,435 $ 1,961,000 $ 1,403,000 g (558,000)
48,801 225,055 305,000
347,112- 705,000 67,000
8,550,000 $
825,000
547,000
239,000
283,000
1 ,831,000
342,000
174,000
1,392,000
3,061,000
896,000
274,000
8,432,000 $
832,000
548,000
245,000
303,000
1,850,000
(1 18,000)
7,000
1,000
6,000
20,000
19,000
(342,000)
$
$
$
$
$
$
36,235,361
(310,400)
36,709,500
1,937,458
43,000,000 $-$38,519,000 $-$(4,481,000)
Reserve Capital Projects /Debt Service/ Contingency 384,000 14,587,000 14,203,000
TotalReserves,DebtServiceandOtherObligations$13,529,624$11,840,978$13,001,000$26,797,000$13,796,000
TOTAL EXPENSES AND OBLIGATIONS
REVENUES - EXPENSES
15- City Center RDA Final after Non-Compliance - Updated for Ad.xlsx 1112412014180
Proposed
Revenues:
Parking Operations
Parking Fund Balance
Retail Leasing
lnterest Pooled Cash
TOTAL REVENUES
Operating Expenses:
Parking Operations
Garage Use Fee (To Loews)
Garage Repairs and Maintenance
Garage Depreciation
Retail Leasing Property Management Fee & Operating
Retail Leasing Repair & Maintenance
Retail lntemal Service Charges
Retail Operations Depreciation
Parking Operations Admin Fee to GF
Retail Leasing Admin Fee to GF
Transfer to Renewal and Replacement
Transfer to Capital Projecls/RDA Garages
Reserve for Future Capital - Parking Operations
Reserve for Future Capital - Retail Operations
TOTAL EXPENSES
REVENUES - EXPENSES
Revenues:
Parking Operations
Retail Leasing
Retail Transfer from RDA Operations
Parking Transfer from RDA Operations
lnterest Pooled Cash
TOTAL REVENUES
Operating Expenses:
Parking Operations Expenditures
Parking Admin/Base Fee
Garage Ground Lease
Parking Base Rent
Addt'UPercentage Rent
Garage Management Fee
Retail Additional Base Rent
Retail base Rent
Retail Admin Fee
Depreciation
Leasing Commissions & Operating
Admin Fee (GF)
Retail Contingency
TOTAL EXPENSES
REVENUES - EXPE'VSES
FY 2014115 Anchor Shops and Parking Garage Operating Budget
FY11t12 FY 2012113
Actual
FY 2013t14 FY 20',t4t15 Variance
From FY'13/14
3,518,000 $ 388,000
1,398,792 $ 1,032,082 $
Proposed FY 2014115 Pennsylvania Ave Shops and Garage Operating Budget
FY11t12
3,079,82',1
615,016
1
1,264,875 $
440,241_
62,619
66,109
55,396
196,740
223,$2
1
147,123
347,112
346,000
492
723,029 $
45,368
23,552
23,552
47,604
15,592
276,448
11,',t37
11,85'l
303,400
3,864
Actual
3,365,518
766,1 0s
2,062,965 $
570,038
106,281
52,1 09
35,232
55,396
223,000
14,000
225,05;
1
729,260 $
45,368
22,731
22,731
53,302
2,970
277,269
11,851
52,4',18
3,1 30,000
847,000
1,627,000 $
507,000
37,000
451,000
32,000
19,000
55,000
224,000
10,000
220,000
72,000
1,973,000
876,000
1,689,000 $
591,000
128,000
470,000
32,000
2s,000
19,000
5s,000
224,000
10,000
650,000
2,407,000_
1,973,000
29,000
1
62,000
84,000
91,000
19,000
32,000
(7,000)
430,000
2,407,000
(72,O00)
FY 2012t13 FY 2013t11 FY 2014t15 Variance
371,640 90,000
33,000
822,000 $
56,000
23,000
23,000
60,000
136,000
229,000_
51,000
896,000 $
57,000
23,000
23,000
65,000
229,000
205,000
59,000
147
74,000,,*:
5,000
93,000
(24,000)
8,000
(2,157) $116,761
1$ City Center RDA Final after Noncompliance - Updated for Ad.xlsx '1112412014181
$B I SATURDiS,NOVEXSIR2A2OH i-fl LOCAL* STATF $iamiHsald.{{x! } l{lAl{l SERAID
:.-".-.'
-x---
MIAAl1IBEACH
C'TY OF MIAMI EEACH
NONCE OF PUBLIC HEARINGS
NOflCEIS H€REBY given thatPublic Hearingswill be held by rhe Mayorand
City Commission of the City of Miami Beacfr, Florida, in the Commission
Chimbers, 3rd floor, City |lail, 1700 Convention Center Drive, Miami B€ath"
Florida, on Tuesday, De&mber 2, 2O1{, to consider the {ollowing:
$:01 pm.
A fieiolutionAdopting: tlThe FinalAdValorem Millage Of 5J942 Mills For
Gene ral Operad n g Rlrposes, \ rh icfi ls Th i neeil And Fou r-Tenths-Percent
(13.4%) M6reThaiTne nBolted.Back" Hare ot 5.t076 Mills: And 2lThe Debt
Servic; MiltaEB fiate Of 0.22s5 M ills For Fiscal Yea r I FYI 201 d I 5. I 4 q ul ri es
ir?€y b* d*elqed b the Eudget & Pedorman* tmpiovement Oftice at
36"S13.7510.
6:Ot prn.
A Relolurion Adoating Finat Eiidget$ ForThe General, G.0. Debr Service,
ROAAdValoremTaxes, Enterprise, lnternal Service Funds, and Special
Bevenue Funds For FiscalYear {FY} 2{X{/15. lnquiies maY be dke*6d to
the Eudget & Pefiorman* tmpr*etfieat Affie at 305,6737510.
5:@ p.m,
A Reiolution OfThe Board Ol Direaors OfThe Normandy Shores Local
Government Neiqhborhood lmprcvetfl€nt Districi AdoptingThe Final Ad
Valorem Millage hate Of 1.1305 Mills For FiscalYear {FY} 2014/15 ForThe
Normandv Shores Lccal Government District, Which Is One Percent {1.07o1
LessThanThe -Bolled-Bac*" Rate Of 1. 1 39 1 Mitls. lnguiries rn aY be directed
fo the Budger & Pedarmanw lmprav&tr,ent Olfite at 3C5"673,75'!0.
5:02 p.m.
A Eeiolution OfThe Board Of Directors OfThe Ncn*andy Shores !o*al
Government Neighborhood lmprovenrent District Adopting The Final
Operating BudgeiFor FiscalYear {FY} 2Q!4115. lnquiries $tay be direcr&d ta
ria Erdger& ferformanc* improvem€nt Oitrco rt3r5.87375l0.
3:ft1 p.m,
A Rdsolurion Adopting The Final Capital lmprovement Flan for Fiscal
Years {FY} 201{/1t201-&.!9 And Adopiing The'City Of Miarni Beach Finq!
Capitat Bdd gst For { FY} ?01 #1 5. ! n q ui ri e i m ay be d i tect e d to th e Budget &
Pedormance lmpfivement Oflice at 345.673.75fi.
5:(X p.m.
A Rdsolutioo Of The Chairperson And Members Of The Miami Bea*t
nedevelopment Agency, A'dopting And Appropriating The Operating
Budget fur The C;ty Cenrer fredrivelopment Area. The Ancfior Shops
And-ParkirE Garage, AndThe PennsyMania Avenue Shops And Parking
Garage ForliscalYeir 201#15. lnquiries may fu directed ta the Budget &
Perlarmarrce lmprovement Ol{,ce at 305,67 3,751 0.
5:06 p.m,
A frisolurion Ol The Chairnerson Afid Members Of The Miami Beadt
Redevelopmen! Asency IRBA). Adopting And Appropriating The Miami
Beach Redevelopmem Agency Capital Budgel For Fiscal Year (FY) 2014J15
And Adopting The Capiial Improyement Plan For Fiscal !ea:s- 2014115
Through 2OtStS. Ingurires may be directed to the Eudget & Peffarmance
lmpr*vement 0fii* r( S05,67r. 7510.
3:ft p.rn.
A Bdsolution Adagfins The First Amerdment }r ThB Capire, Budget
For Fiscal Year {FYi 2a14,/15. Inquiries nay be directed to the qudget &
Pertofinance lm prowment Affice at 3a5.673. 75 1 0.
lnterested panies are invited to appear at this meeting, or be represented
by an ageirt, or to express their v;ews in wrhing addtessed lo the City
Commkiion, cro the City Clerk. I7o0 Convention C€nter DrivE. li floor.
Ciw Hall. Miami Beadr. Florida 33139. CoDies of these items are available
for'public inspection iuring normat buiiness hours in the CiiY Cle*'s
Offiie, 1?OO ionventi,osr Ce-nter Drive, :* Ftoor. City Ha$, Miatni B€adl,
Florida 33139,This meelirE. or an!, ierx tfrerein, may be conlinu€d, and
under sudr circumstarces.bdditional tegst flotice heEd tot be provided.
fursuaffi tn Secition 286.01S5, FIa. Stai., tbe City hereby advises the public
thatiaa $srssn decideslotpB€al anydecision made b,ythe CJtyCommission
with respect to arry mauer aonsidered at its meeting ar its hearing, sudl
person must ensuie that a verbalim record of the prrcaedisgs is mad*,
which record includes the to$imony and evidence upon which the appeal
is to be based.This notice does noi constilu'le consent by lhe City tor the
inirod$stion il atlmission of *rhervrdse iEadmisrible or irrslevant widqnce,
nor {roes it arthnrire rhalleages ar appeals nct othenrise allowed by law.
To request this mit€rial in alternate format. sign language i$terpreter five-
day notice requiredl, information on access ior peisons with disabilities,
andlor any accommodation to revie$,. any document or panicipate in arry
Ciry-sponiored proceedings, call 305.604.2489 and select 1 for English
ar i firr Spanish', rhcn optfcn E;TTY users may call via ?11 {Ftorida Relay
$ervircJ.
Hafael E. Granado, Ciry C{erk
City ol Mlami Beach
182