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CRA Resolution 038-2025 038-2025 RESOLUTION NO A RESOLUTION OF THE CHAIRPERSON AND BOARD OF DIRECTORS OF THE NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY, ADOPTING THE FINAL OPERATING BUDGET FOR THE NORTH BEACH COMMUNITY REDEVELOPMENT AREA FOR FISCAL YEAR 2026. WHEREAS, on July 28, 2021, the North Beach CRA Board adopted Resolution No. 005- 2021 and the City Commission also adopted Resolution No. 2021-31817 respectively approving the Interlocal Agreement by which Miami-Dade County delegated to the City certain redevelopment powers, including but not limited to the creation of the North Beach Community Redevelopment Area and implementation of the North Beach Community Redevelopment Plan; and WHEREAS, pursuant to Section 189.016(3), Florida Statutes, the governing body of special districts such as the North Beach CRA, must adopt a budget resolution each fiscal year; and WHEREAS, pursuant to Section 163.387, Florida Statutes, money in the Trust Fund may be expended for undertakings of the North Beach CRA as described in the Redevelopment Plan pursuant to an annual budget adopted by the North Beach CRA Board) and only for the purposes specified by Statute; and WHEREAS, enhanced City services expenditures for FY 2026 account for $654,000, which include $290,000 for community policing initiatives, $182,000 for enhanced Code Compliance in the North Beach Community Redevelopment Area to continue to provide enhanced levels of staffing and services throughout the area, and $182,000 to promote additional community cleanliness and beautification; and WHEREAS, the budget also includes $301,000 for a Commercial FaCade Improvement Program to improve area aesthetics and promote business attraction and retention, as well as a Residential Property Improvement Program to promote the maintenance of naturally occurring affordable housing stock and promote resiliency, $297,000 for small business development, and $242,000 for Arts & Culture related tourism, branding, and marketing; and WHEREAS, administrative expenditures account for $118,000, which include annual financial audit services, a contribution to the City for administrative expenditures based on a completed cost allocation study, and a satellite office within the North Beach Community Redevelopment Area, of which the lease and maintenance costs are shared with the City of Miami Beach Building Department on a prorated basis; and WHEREAS, other expenditures include$20,000 for the County's administration fee, which is equivalent to 1.5% of the County's respective FY 2026 tax increment financing (TIF) payment; a $363,000 set-aside for workforce and affordable housing that represents 12% of the combined TIF revenues for FY 2026 and exceeds the 10% minimum requirement; and a $1.1 million set- aside for future projects, as amended at the second public hearing on September 30, 2025; and WHEREAS, the Agency and its counsel have determined that all expenditures associated with the attached budget are allowable under the Redevelopment Plan, Interlocal Agreement and Chapter 163, Part III, Florida Statutes; and WHEREAS, the Executive Director of the North Beach Community Redevelopment Agency recommends approval of the final FY 2026 operating budget for the North Beach CRA, as amended at the second public hearing on September 30, 2025. NOW, THEREFORE, BE IT DULY RESOLVED BY THE CHAIRPERSON AND BOARD OF DIRECTORS OF THE NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY, that the Chairperson and Board of Directors of the North Beach Community Redevelopment Agency hereby adopt, as amended at the second public hearing on September 30, 2025, the final operating budget for the North Beach Community Redevelopment Area for FY 2026, as outlined below and further detailed in the attached Exhibit "A." Community Policing $290,000 Code Compliance 182,000 Community Cleanliness 182,000 Commercial FaCade/Residential Property Improvement Program 301,000 Small Business Development 297,000 Arts & Culture 242,000 Administrative expenditures 118,000 County Administration Fee 20,000 Set-aside for Workforce and Affordable Housing 363,000 Set-aside for Future Projects 1,086,000 Total FY 2026 Budget $3,081,000 PASSED AND ADOPTED this `3 �day of ��D ,�025. ATTEST: . '.��. � � J :��'�1�: teven Meiner, Chairperson Rafael E. Granado, Secretary , , � ' '\�'�r`..�3�I � C� 0 ti''-- / _�. :-�s�`��. � ' �� \ � /� .IHiCR? ORAiED.•' G �,�.. ,:��; L� ■ a � :}, ,�c1= • '��C!-! '?;� 1' ' ` `� APPROVED AS TO FORM&LANGUAGE 8�FOR EXECUTION �o�Z/ �s Redevetopment Agency D�atew General Counsel Attachment A - FY 2026 North Beach CRA Operating Budget (Exhibit A) FY 2023 FY 2024 FY 2025 FY 2026 Revenues and Ofher Sources of Income Actual Acfual Adopfed Proposed Taxlncrement-Ciy $ 576,726 $ 1,082,837 $ 1,396,000 $ 1,693,000 Tax Increment-Couny 458,187 851,672 1,090,000 1,322,000 Interest Income 244 75,278 20,000 66,000 TOTAL REVENUES $ 1,035,157 $ 2,009,787 $ 2,506,000 $ 3,081,000 Admin/Operating Expenditures CMB Administration $ 25,954 $ 30,043 $ 1 12,000 $ 1 18,000 County Admin Fee 6,873 12,775 17,000 20,000 Total Admin/Operating Expendifures $ 32,827 $ 42,818 S 129,000 $ 138,000 Project Expenditures Small Business Development $ - $ 2,292 $ 97,000 $ 297,000 Beautification - 29,300 342,000 301,000 Arts&Culture - 6,630 175,000 242,000 Enhanced Services: Community Policing 100,000 180,268 I�! 239,000 �" 290,000 Code Compliance 26,359 71,822 130,000 182,000 Community Cleanliness 13,184 52,543 66,000 182,000 Total Projec�Expenditures S 139,543 S 342,855 S 1,049,000 S 1A94,000 Reserves,Debt Service and Other Obligations 10%Set-aside for Affordable&Workforce Housing $ - $ - $ 251,000 $ 363,000 Se�aside for Future Projects - - 1,077,000 1,086,000 Total Reserves,Debt,&Other Obligations $ - S - S 1,328,000 $ 1,449,000 TOTAL EXPENDITURES AND OBLIGATIONS $ 172,370 $ 385,673 S 2,506,000 $ 3,081,000 SURPLUS/(GAP) $ 862,787 $ 1,624,114 $ - $ - Expenditure Summary $1,600,000 $1,400,000 - $1,200,000 - --- ----- -----.._ $1,000,000 - -----_ $800,000 ___ _ __ . $600,000 $400,000 $200,000 $- - Admin Expenditures Project Expendifures Debt Service&Ofher Obligations FY 2024 Actuals ■ FY 2025 Adopted FY 2026 Proposed North Beach Community Redevelopment Agency (NBCRA) 1 MIAMIBEACH NBCRA MEMORANDUM TO: Chairperson and Board of Directors of the North Beach Community Redevelopment Agency FROM: Eric Carpenter, Executive Director DATE: September 30, 2025 TITLE: A RESOLUTION OF THE CHAIRPERSON AND BOARD OF DIRECTORS OF THE NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY, ADOPTING THE FINAL OPERATING BUDGET FOR THE NORTH BEACH COMMUNITY REDEVELOPMENT AREA FOR FISCAL YEAR 2026. JOINT CITY COMMISSION AND NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY RECOMMENDATION The Administration recommends that the Chairperson and Board of Directors of the North Beach Community Redevelopment Agency adopt the attached Resolution, which adopts the final budget for the North Beach Community Redevelopment Area for Fiscal Year (FY) 2026. BACKGROUND/HISTORY On July 17, 2019, the Miami Beach City Commission adopted Resolution No. 2019-30892, accepting a preliminary report concerning a finding of necessity for the redevelopment of a certain area of North Beach, and requesting that Miami-Dade County delegate redevelopment powers to the City. On July 8, 2020, the Miami-Dade County Board of County Commissioners ("BCC") approved Resolution No. R-619-20, delegating authority to the City to create the North Beach Community Redevelopment Agency (North Beach CRA), including direction to draft the North Beach CRA Redevelopment Plan and negotiate an Interlocal Agreement among the City, North Beach CRA, and Miami-Dade County to govern the redevelopment process. Pursuant to the county's delegation of authority, the City undertook a significant public engagement effort to prepare the Redevelopment Plan. Simultaneous with the City's preparation of the Redevelopment Plan, in order to delineate their respective areas of responsibility with respect to the redevelopment of the Redevelopment Area, the City, North Beach CRA and Miami- Dade County negotiated an interlocal cooperation agreement (the "Interlocal AgreemenY'). On February 10, 2021, by adopting Resolution No. 2021-31596, the Mayor and City Commission officially created the North Beach CRA pursuant to Section 163.357, Florida Statutes, and declared the Mayor and City Commission to be the governing body of the North Beach CRA (the "North Beach CRA Board"). On May 12, 2021, pursuant to Resolution No. 003-2021, the Chairperson and Members of the North Beach CRA Board adopted the Redevelopment Plan and transmitted the Plan to the City Commission for approval, as required by Section 163.360(5), Florida Statutes. Additionally, pursuant to Resolution No. 004-2021, the Chairperson and Board Members approved the Interlocal Agreement, authorized the Chairperson and Secretary to execute the Interlocal Agreement and further, authorized the transmittal of the executed Interlocal Agreement to the BCC for its consideration and approval. 384 of 425 Likewise, on May 12, 2021, pursuant to Resolution No. 2021-31709, the Mayor and City Commission approved the Redevelopment Plan for the North Beach CRA and authorized its transmittal to Miami-Dade County. Contemporaneously, pursuant to Resolution No. 2021-31710, the Mayor and City Commission approved the Interlocal Agreement, authorized the Mayor and City Clerk to execute the Interlocal Agreement, and further, authorized the City Manager to transmit the executed Interlocal Agreement to the BCC for its consideration and approval. On July 20, 2021, the BCC approved Ordinance No. 21-70 establishing the North Beach CRA Trust Fund and Resolution No. R-696-21 approving the Redevelopment Plan and the final, negotiated Interlocal Agreement, as amended. On July 28, 2021, the North Beach CRA Board adopted Resolution No. 005-2021 accepting the Interlocal Agreement. The City Commission also approved the Interlocal Agreement via Resolution No. 2021-31817. Pursuant to Section 189.016(3), Florida Statutes, the governing body of special districts such as the North Beach CRA, must adopt a budget resolution each fiscal year. As noted in Section 163.387, Florida Statutes, money in the Trust Fund may be expended for undertakings of the North Beach CRA as described in the Redevelopment Plan pursuant to an annual budget adopted by the North Beach CRA Board) and only for the purposes specified by Statute. ANALYSIS NORTH BEACH REDEVELOPMENT AREA Revenues Based on the 2025 Certified Taxable Values that were provided by the Miami-Dade County Property Appraiser on July 1, 2025, property values within the North Beach Community Redevelopment Area were approximately $1.9 billion, which represents an increase of $68.9 million, or 3.7%, over the 2024 Certified Taxable Values of approximately $1.8 billion. For FY 2026, the City's portion of the tax increment revenue totals approximately $1.7 million, and the County's portion of the tax increment revenue totals approximately $1.4 million. The City has, however, received correspondence from Miami-Dade County advising of the finalization of the tax roll for the prior year, which in the case of 2023, reflects a decrease from the preliminary valuation for the same year and will result in a corresponding adjustmenUreduction of tax increment revenues totaling a combined $0.1 million for FY 2026. Expenditures Enhanced City services expenditures for FY 2026 account for$654,000, which include $290,000 for community policing initiatives, $182,000 for enhanced Code Compliance to continue to provide enhanced levels of staffing and services throughout the North Beach Community Redevelopment Area, and $182,000 to promote additional community cleanliness and beautification. The budget also includes $301,000 for a Commercial Fa�ade Improvement Program to improve area aesthetics and promote business attraction and retention, as well as a Residential Property Improvement Program to promote the maintenance of naturally occurring affordable housing stock and promote resiliency, $297,000 for small business development, and $242,000 for Arts & Culture related tourism, branding, and marketing. Administrative expenditures account for $118,000, which include annual financial audit services, a contribution to the City for administrative expenditures based on a completed cost allocation study, and a satellite office within the North Beach Community Redevelopment Area, of which the lease and maintenance costs are shared with the City of Miami Beach Building Department on a prorated basis. Other expenditures include $20,000 for the County's administration fee, which is equivalent to 1.5% of the County's respective FY 2026 tax increment financing (TIF) payment; a $363,000 set- 385 of 425 aside for workforce and affordable housing that represents 12% of the combined TIF revenues for FY 2026 and exceeds the 10% minimum requirement; and a $1.1 million set-aside for future projects. FISCAL IMPACT STATEMENT See the information provided above. Does this Ordinance require a Business Impact Estimate? (FOR ORDINANCES ONLY) If applicable, the Business Impact Estimate (BIE) was published on: See BIE at: https://www.miamibeachfl.qov/citv-hall/city-clerk/meetinq-notices/ FINANCIAL INFORMATION See the information provided above. CONCLUSION The FY 2026 North Beach CRA budget is $3.1 million. To promote economic investment, growth, and revitalization within the North Beach Community Redevelopment Area and to address the existing and future obligations of the North Beach CRA, it is recommended that the Chairperson and Board of Directors of the North Beach Community Redevelopment Agency adopt the attached Resolution, which adopts the final budget for the North Beach Community Redevelopment Area for FY 2026. Attachment A— FY 2026 North Beach CRA Operating Budgets (Exhibit A) Attachment B — FY 2026 North Beach CRA Work Plan EC/JDG/TOS/RA Applicable Area North Beach Is this a "Residents Riqht to Know" item, Is this item related to a G.O. Bond pursuant to Citv Code Section 2-17? Proiect? Yes No Was this Aqenda Item initially requested bv a lobbvist which, as defined in Code Sec. 2-481, includes a principal enpaqed in lobbvinq? No If so, specify the name of lobbyist(s) and principal(s): Department Management and Budget Sponsor(s) 386 of 425 Co-sponsor(s) Condensed Title Adopt Final North Beach CRA Operating Budgets for FY 2026 Previous Action (For City Clerk Use Only) 387 of 425 Attachment A - FY 2026 North Beach CRA Operating Budget (Exhibit A) FY 2023 FY 2024 FY 2025 FY 2026 Revenues and Other Sources of Income Actual Actual Adopted Proposed Tax Increment-Ciiy $ 576,726 $ 1,082,837 $ 1,396,000 $ 1,697,000 Taxlncrement-County 458,187 851,672 1,090,000 1,322,000 Interest Income 244 75,278 20,000 66,000 TOTAL REVENUES $ 1,035,157 $ 2,009,787 $ 2,506,000 $ 3,085,000 Admin/Operating F�cpenditures CMB Administration $ 25,954 $ 30,043 $ 1 12,000 $ 1 18,000 County Admin Fee 6,873 12,775 17,000 20,000 Total Admin/Opewting Expenditures $ 32,827 $ 42,818 $ 129,000 $ 138,000 Project Expenditures Small Business Development $ - $ 2,292 $ 97,000 $ 297,000 Beautification - 29,300 342,000 301,000 Arts 8�Culture - 6,630 175,000 242,000 Enhanced Services: Community Policing 100,000 180,268 239,000 290,000 Code Compliance 26,359 71,822 130,000 182,000 CommuniryCleanliness � 13,184 52,543 66,000 182,000 Total Project Expenditures $ 139,543 $ 342,855 $ 1,049,000 $ 1,494,000 Reserves,Debt Service and Ofher Obligations 10%Setaside for Affordable&Workforce Housing $ - $ - $ 251,000 $ 363,000 Setaside for Future Projects - - 1,077,000 1,090,000 To�ol Reserves,Debf,8�Other Obligafions $ - $ - $ 1,3Z8,000 $ 1,453,000 TOTAL EXPENDITURES AND OBLI6ATIONS $ 17Z,370 $ 385,673 $ 2,506,000 $ 3,085,000 SURPLUS/(GAP) $ 862,787 $ 1,624,114 $ - $ - Expenditure Summary $�,boo,000 $1,400,000 $1,200,000 $1,000,000 - $500,000 - $600,000 - $400,000 - $200,000 -- -- - � $- __- Admin Expenditures Project Expenditures Debt Service&Other Obligations FY 2024 Actuals ■ FY 2025 Adopted FY 2026 Proposed 388 of 425 Attachment B - FY 2026 North Beach CRA Work Plan • � : • • • � � . . N � RTH BEACH COMMUNITY REDEVELOPMENT AGENCY a � � � . . ! � • . . . . .. Fiscal Year 2026 Proposed Operating Budget and Work Plan North Beach Community Redevelopment Agency 1755 Meridian Avenue Miami Beach, FL 33139 Board of Direcbrs Steven Meiner, Chair, Mayor Kristen Rosen Gonzalez, Board member Laura Dominguez, Board member Alex J. Fernandez, Board member Tanya K. Bhatt, Board member Joseph Magazine, Board member David Suarez, Board member Micky Steinberg, Board member Executive Staff Eric Carpenter, Executive Director Ricardo Dopico, General Counsel Rafael Granado, Secretary North Beach CRA Advisory Committee Ronnie Issenberg, Chair Thomas Richerson, Vice Chair David Cohen Romina Orozco-Encio Manning Salazar a�m e��la�to'�ne Attachment B - FY 2026 North Beach CRA Work Plan • � � � • . . � � . . NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY BOUNDARY MAP • ;_ w M -+* � . . �r'."�_ 7� , �4� ' s� ` y � ."j,�yx,,�. 4 J-;-1 �,� ti.Ms,R�$,��y '� �ar ��' °! •�1 e`.-`[t: � � -- . _, . .� ..i. "��. �.` � '-�,�.,.r.�. �� '� . � i . �- �` r` r.� ` ;.;��,,. :�"�'°'"�K��;�' •� `��j�—�;i„ y: � r r,�,� �- r � � �; _. � _ w }'"�1.� 4�.�• #• I�i��_Ik�.'�,i►s-��..}= Jy,� . ��` �� - � ;,,�_`�� 4 � �� , "�{, �,�.� '-r si-- _ ��' 1 _ ' 4 S � -_ Z _ � �'�' . � �+ q �., �� .' ��t�;�`.� ,c_rA�� ,..0�' �� _.��.�� . � . .. ,a � _ +0 �� ,.'�� ,_�� i. `g� , 1 F�.,_a..,� •"••. '�"`�`,` a� _ . �C �__�. _�-� � w_�, c't�� " .� 1� ��. Y w a � ie � '� T!il� �� a,p�# , . - - '�- � . .� .f�� :'�,�s�r�:'� �' �. � �'� ��„' y,¢ . .r,�.,,oA � �``' -s ��x� �.�' � � "l . , I 3�'. � - +r'�- � { "r` �-�_ � r � , _ yN ' � `.��/-. 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NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY . . . — . 00 � . , , ORGANIZATIONAL CHART __ . Chair and Board of Directors (Mayor, Cornmission,and County Commissioner) -___--�—_.______._._-----�.____._ .__—� ! ➢ Secretary ' Executive Director General Counsel (City Clerk) '� (City Manpger) (City Attomey) Finance Director (CFO) Economic Development Director Capital Improvement .__ ', Projects, Procurement, I' Planning, Building, Public Works (Sanitation), Management 8 Budget, Code Ccmpliance, and Police �3�1�T� - Attachment B - FY 2026 North Beach CRA Work Plan • � � � • • „ � • � � ,} 1 -. .. _. � ,K � , .+� , �.'%4� S'�s;x,�' e�r.:_'::�� :+ d�:";i,� '�fi NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY � -�-� ^� � �� iJ,,\.�, I.� - . � ' " I . i - r��`\l � � •� . � � . \ I t' `3,._ � . �: '�� I '��J � t �'� �f - - ��' � -- � -� � - �.- � � � �. _ � ,- �,,, _ � , - �. - ��' � •� �� - ,.:�. . �: , � c � , ' � �--� ,. «,i; ,. .:. , � �+m , f�j . , � _ ,_� - =q; BACKGROUND BACKGROUND CONT'D The North Beach Community Redevelopment Agency (CRA) The North Beach CRA District,and the North Beach community,stands Operating Budget and Work Plan for FY 2026, which spans ot a crucial juncture with the completion of the Beachwalk and Rue from October 1, 2025, to September 30, 2026, represents the Vendome Plaza renovation, ongoing planning for the Byron Carlyle fourth budget cycle for the North Beach CRA. We are excited to Theater through the City's Arts and Culture General Obligation Bond, witness the fourth consecutive year of impressive growth within the and the engaging of consultants to study the addition of workforce/ Redevelopment Area since the 2021 base year. The combined tax affordable housing to the project. Additionally, the implementation increment revenue from the City of Miami Beach and Miami-Dade of public improvements with the Ocean Terrace Park and Streetscape County totals approximately $3.02 million, reflecting a 21.4% Improvement Project, the electrical infrastructure improvement in the increase compared to the previous year. With taxable values Altos del Mar Park, and several approved private development reaching approximately $1.91 billion in 2025, the Redevelopment projects in the North Beach Town Center zoning district. The area Area has experienced a 3.7% increase in taxable values from the is primed for new economic investments, including the potential previous year and an almost 35% rise from $1.42 billion in 2021 redevelopment of the Deauville Hotel site, the development of the to $1.91 billion in 2025. This remarkable growth underscores the 72^d Street Community Complex, and major resiliency projects. immense potential of the area. We are confident that the tax increment revenue will accelerate due to both direct and indirect economic development resulting The executive team, in collaboration with the North Beach CRA from the North Beach CRA's programs and investments, such as Advisory Committee, has carefully planned for the future by outlining the Commercial FaGade Improvement Program, which enhances both short-term and long-term strategies, initiatives, and programs. commercial corridors like the Normandy Fountain Business District These plans, rooted in the adopted Redevelopment Plan, aim to and Collins Avenue, which encourages property owner investment enhance the area and lay the groundwork for future economic and attracts new economic growth. investment. The proposed budget for Fiscal Year 2026 includes a prudent allocation of approximately 60%of tax increment financing The budget includes necessary allocations for the continuation revenue, similar to the previous year. This set-aside will continue of the CRA's beautification programs, enhanced services such as to fund future projects, such as aFfordable and workforce housing, community policing, code compliance, and sanitation, arts and infrastructure improvements, and other key community initiatives. culture-related branding, communications and marketing, small business development programs, administrative expenses, including fees required by Miami-Dade County, the development of a short- 392 Oftg�r1r5strategic plan, and the operations of the North Beach CRA office within the Redevelopment Area. Attachment B - FY 2026 North Beach CRA Work Plan • � • • • . . � � . . NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY BACKGROUND CONT'D BACKGROUND CONT'D The City of Miami Beach is widely recognized as a vibrant, In accordance with the County's delegated authority, the City dynamic destination both locally and nationally. Its warm climate, launched an extensive public engagement process to develop accessible beaches, and unique lifestyle amenities make it a premier the Redevelopment Plan. Throughout this process, the City, North tourism hotspot. The City's robust investments in the arts, aesthetics, Beach CRA, and County Administrations negotiated an interlocal recreation, public safety, and climate resilience, along with its high- cooperation agreement to define their respective responsibilities quality residential and educational offerings, have established it as in the redevelopment of the designated area (the "Interlocal an ideal live-work-play environment. AgreemenY'). By focusing on quality of life and pursuing strategic, sustainable On February 10, 2021, through Resolution No. 2021-31596, the development and preservation, the City continues to enhance Mayor and City Commission formally established the North Beach its role as a key driver of the Miami-Dade County economy and CRA under Section 163.357 of the Florida Statutes, designating the brand. While there has been continued progress throughout Miami Mayor and City Commission as the governing body oE the North Beach, North Beach has lagged behind in terms of redevelopment, Beach CRA. economic growth,and investment compared to other neighborhoods. Challenges such as significant commercial real estate vacancies, On May 12, 2021, in accordance with Resolution No. 003-2021, outdated housing stock, limited redevelopment, environmental the Chairperson and Members of the North Beach CRA Board concerns, and low household income continue to hinder progress in approved the Redevelopment Plan and forwarded it to the Ciy North Beach. Past initiatives like the North Beach Revitalization Plan, Commission for approval, as mandated by Section 163.360(5) North Beach Master Plan (Plan NoBe�, West Lots Plan, and other of the Florida Statutes. Additionally, by Resolution No. 004-2021, efforts have laid the foundation for future growth and investment in the Board approved the Interlocal Agreement, authorized the the area. Chairperson and Secretary to sign the agreement, and directed the executed Interlocal Agreement to be sent to the Board of County Key principles addressed in these planning efforts include climate Commissioners (BCC) for approval. resilience, environmental sustainability, transportation, economic development, affordable housing, historic preservation, and land On the same day,May 12,2021,under Resolution No.202 1-3 1 709, development regulations. To support these goals, the City, its the Mayor and City Commission approved the Redevelopment Plan residents, the Mayor, and the City Commission have approved for the North Beach CRA and authorized its submission to the County. General Obligation Bond (G.O. Bond) funding for major Similarly, through Resolution No. 2021-31710, the Mayor and Cify improvement projects in North Beach. However, it became apparent Commission approved the Interlocal Agreement, authorized the that additional funding sources were necessary to create a long- Mayor and City Clerk to execute it, and directed the City Manager lasting impact. to send the signed agreement to the BCC for its approval. On July 17, 2019, the City Commission passed Resolution No. On July 20, 2021, the BCC adopted Ordinance No. 21-70, 2019-30892, which accepted a preliminary report identifying establishing the North Beach CRA Trust Fund, and approved the need for redevelopment in a specific area of North Beach and Resolution No. R-696-21, which approved both the Redevelopment requested that Miami-Dade County grant the City redevelopment Plan and the final negotiated Interlocal Agreement, as amended. powers. On July 8, 2020, the Miami-Dade County Board of County Commissioners (BCC) approved Resolution No. R-619-20, On)uly 28, 2021, the North Beach CRA Board adopted Resolution delegating authorily to the City to form the North Beach Communiy No. 005-2021, formally accepting the Interlocal Agreement. The Redevelopment Agency(North Beach CRA).This included the task of Ciiy Commission also approved the agreement through Resolution drafting the North Beach CRA Redevelopment Plan and negotiating No.2021-31817.The North Beach CRA's governing documents and an interlocal cooperation agreement between the City, North Beach legislation are available on its website: httos://www.miamibeachfl. CRA, and Miami-Dade County to guide the redevelopment process. gov/northbeachcra. 393 of 425 . . . Attachment B - FY 2026 North Beach CRA Work Plan • • � � • . � �. �� * �.- _ - NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY PURPOSE STATEMENT INTERLOCAL AGREEMENT The North Beach CRA Redevelopment Plan envisions a vibrant, The adopted boundaries of the Redevelopment Area delineate the resilient community with a Town Center, increased housing density, area within which tax revenue will be generated and captured preservation of historic structures, access to recreational amenities, during the 30-year life of the North Beach CRA for expenditure on available public parking, and additional restaurant and retail investments and projects identified in the Redevelopment Plan. The offerings to support new and current residents. The Redevelopment Interlocal Agreement provides for material financial terms agreed Plan's concepts and approaches cover a range of project types upon by the City of Miami Beach, the North Beach CRA, and the across several implementation dimensions such as scale,scope,cost, County. The Agreement further contains the following provisions time duration, and potential impact outcomes. The Redevelopment 9overning the use of TIF revenue: Plan presents goals and strategies which may be implemented using funding from tax increment revenue derived from within the ' OnememberoftheCountyCommission,oraCountyCommission designated boundary over the 30-year life of the North Beach CRA. designee, may be appointed to serve on the North Beach CRA's Board of Commissioners (in addition to the other members appointed to the North Beach CRA's Board of Commissioners REDEVELOPMENT PLAN GOALS (i.e., the City Commission�. Said Couny Commissioner, or designee, shall be vested with the same rights, duties, and 1. Provide Economic Development Opportunities for Businesses, obligations as any other North Beach CRA Board member; and Property Owners, and Residents • No more than twenry percent (20%) of the total tax increment 2. Invest in Climate Resilience, Sustainability, and Infrastructure funds deposited annually into the Trust Fund by the City and the 3. Strengthen Cultural Arts, Branding & Marketing, and County shall be used for total administrative expenses (including Communication indirect and overhead expenses which may not exceed six percent (6%) of the total contemplated administrative expenses 4. Protect and Enhance the Neighborhood Character to be spent under the Redevelopment Plan�; and 5. Improve the Quality of Life of Residents and Visitors • The County shall charge, and the North Beach CRA shall pay to b. Leverage Resources for Community Redevelopment the County, no later than March 31 st, an annual administrative fee ("County Administrative Fee"�. This County Administrative Fee shall be 1.5% of the County's payment to the North Beach CRA. The County Administrative Fee shall not be included in the (20%) limit on administrative expenses defined in this section; and �-"-"�� :x -- . ,_. -�-.- ��,.R..w�� '= � �*�M�L . � : � ~4 • � a• �H�esf'�# ��r�'sit stlf�[:�. � ' s�- _ ,.eriaead: �iiM�`„!�, .'" ��',F- �. -�� e,.. , �� r5. __ a»�� ., � . �� •. t':�. ' Flt�tl �t � 1� �� ' �.;�f , ,�r��e�:i� � �`:'-.;r� — � •� _ _`�#+t;, ;�..;: ('. -.�i1t�' ,� _ �`�y� '+" .. ia- ,, :� Ee��.v- �-. ��. �`'. .'�► - �� s.F� `.:.�`� z�...r��.s � _ � . � � � W.� '.�. �- _ _ ` ._ Y. �� • � "t�� ^ '�.ra.� ,�i''`�'� � ' , : , . -�, .�6 � = F _ , , - � , i -�a�� _ � M _ — �. Y„ , �. , ..'__ "'�.''� i`y,�...� -.'` , �r+lte=. .�� ' ,y ^ ..,....-�L- ,�,�.t � � .,�I� �_`�# '..1r�`, ..`•t,].j4 t��'�� _i � �'� :.,�� •'Mi�r - +�` .,.,1�a,; . �� tC��-� 'y�� -��.�. ,x „�-�s'f'•+�!�t� � .� �.. s ; '�, �� . �� u�� fV� — ..d'•'-" - � ►�i.7C�...�'i' � �- 6a ;`�':�.q �`v 1/! •�— "°na:, " �o4i �,r. ,� �-, .L..� � „� :Ii1 � .. Y • � '.,� ,� e �` . �iti � , �J t'�g , .��`:-_ j j,\.��i. �!� � M!K'� .� '( �� • n` Y .s�'S.. .c , � _,__. __ � . . :a11..�.�: � 1 Ocean Terra3e Proposed Rendering Attachment B - FY 2026 North Beach CRA Work Plan • � � • • . . � � . . NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY INTERLOCAL AGREEMENT CONT'D ACCOMPLISHMENTS AND ACTIVITIES CONT'D • The City and the County hereby agree to contribute 60 percent 2. Biscayne Elementary Schoolyard Project (60%)of the tax increment funds derived from the Redevelopment The North Beach CRA board following the recommendation Area on an annual basis; and of the NBCRA Advisory Committee approved $1,500,000 in funding for the Biscayne Elementary Schoolyard project, which • The North Beach CRA budget for expenditures funded by tax will add a running track and promote the health and fitness of increment revenues shall be capped, so that an amount equal to the communify. the TIF revenues paid into the Trust Fund by the County and the Ci1y attributable to 10 percent (10%) of the incremental value 3. Altos del Mar Park Electrical Infrastructure Up�c rade in the Area, shall remain un-expended , except for the purpose The North Beach CRA board following the recommendation of funding projects associated with affordable and workforce of the NBCRA Advisory Committee funded the electrical housing; and infrastructure upgrade for the Altos del Mar Park, allowing For further activations without the need of auxiliary generators thus • In the year which the combined annual contribution into the improving the experience of all participants. Trust Fund by the County and the City reaches or exceeds $1.0 million, this 10 percent (10%) shall only be used for the 4. Commercial Fa�ade Improvement Program and Residential purpose of funding projects associated with affordable and Property Improvement Program workforce housing, including but not limited to, the construction, The North Beach CRA Board approved two new CRA preservation, and rehabilitation of such housing; and beautification programs, a Commercial Fa4ade Improvement Program and Residential Property Improvement Program,initially • The North Beach CRA shall not budget in any fiscal year more targeting properties in the vicinity of Normandy Fountain/Rue than ten percent (10%) of the value of the City and County Vendome Plaza. The programs aim to enhance and improve tax increment payment for that year on capital maintenance the district's existing building stock by helping subsidize private activities or community policing, respectively; and property beautification, maintenance, and resiliency upgrades. These exterior improvements may include, but are not limited to, • Beginning FY 2050, the County, North Beach CRA, and the new windows, doors, lighting, and signage. The Commercial City will negotiate an interlocal agreement to account for the Fa�ade Improvement Program assists commercial properties, sunset of the North Beach CRA. and the Residential Property Improvement Program targets the ACCOMPLISHMENTS AND ACTIVITIES district's multifamily housing stock. Both programs are structured as a reimbursable matching grant 1. Cultural Arts Marketin�and Branding incentive available to properties in the defined Program area. On November 2, 2024, the LOVEisLOVE Festival and Artistic Following an application and approval process, program Installation took place at Normandy Fountain, organized in Participants are eligible for reimbursement for up to 70`/0 of collaboration with the Normandy Fountain Business Association. costs for certain improvements,with a total cap of$20,000 per This vibrant community arts and cultural event showcased a ppproved application. The Residential Property Improvement variety of local and professional artists from disciplines such as program aims to support the Redevelopment Plan objective of music, dance, and visual arts, emphasizing cultural exchange Promoting workforce and affordable housing, as eligibility is and community involvement. The North Beach CRA supported restricted to participants with properties containing a majority the creation of a temporary public art installation atthe Fountain, of residential units leased to households earning up to 140% incorporating interactive features for community engagement. of area median income (AMI). For three (3) years following The event aligned with the North Beach CRA Redevelopment Qy,,ard, participants may not increase rents for the incom� Plan, particularly in promoting cultural arts within the area by eligible units by more than 3% per year. Program promotion supporting cultural tourism and programming to strengthen is achieved through in person canvassing and webinars. In FY cultural facilities (North Beach CRA Redevelopment Plan 2025, there are 1 1 applicants currently in progress. sections 9.3.1 and 9.3.3�. The North Beach Advisory Committee approved on it's July meeting the allocation of additional funds for the festival for the Fall 2025 with the goal of making the North Beach Founta�,�t�sof 425 Attachment B - FY 2026 North Beach CRA Work Plan � • � • • . � � � . . N � RTH BEACH COMMUNITY REDEVELOPMENT AGENCY ACCOMPLISHMENTS AND ACTIVITIES CONT'D ' ' e 'r"�j� n7 _ia�._�...., , � .''!4!i'r ..`� :'� � ' . . '#.��;" On April 9, 2024, the North Beach CRA Advisory Committee ' } "� �;�, . �'� � e�+ recommended that the Board of Directors of the North Beach ' � � � � _ �� ''� ;� �•j�',� 'F CRA consider expansion of the Commercial Fa�ade lmprovement � ; � � ` � Pro ram be ond the Normand Fountain area to increase the �' � 9 Y Y � scope of eligible program applicants to include commercial ;, :i�1 properties along Collins Avenuewithin the RedevelopmentArea. �` �' j On May 3, 2024, the North Beach CRA Board adopted CRA . �� ', ;- Resolution No. 016-2024, accepting the Advisory Committee's , �� recommendation and expanding the geographic scope of the "� � ' ' �db. � program to include Collins Avenue properties. ` ,� »!r ��y II�^ � � �`�;,� , 5. Enhanced Services: Community Policing, Sanitation and Code ACCOMPLISHMCNT� /�i�1D ACTIVITIES CONT'D Compliance North Beach CRA provides funding support to augment and 6. Affordable and Workforce Housina enhance the levels of City services existing in the Redevelopment �/hile at least 10% of TIF revenue generated must be itemized Area. Funding has been utilized for community policing services to fund projects associated with affordable and workforce within the North Beach CRA district boundaries, including housing, the North Beach CRA has not yet expended these crime prevention initiatives, proactive policing, and response funds. Rather, the North Beach CRA has set these funds aside to calls for service. Community policing innovations are proven for the construction, preservation, and/or rehabilitation of to be a useful tool in protecting neighborhoods and improving such housing. Once an eligible project or program has been quality of life. As of the third quarter of FY 2025, Miami Beach identified, the North Beach CRA will allocate these funds Police Department (MBPD� officers proactively engaged with accordingly to comply with the goal of promoting affordable approximately 538 businesses, issued roughly 56 moving and workforce housing. Note that the Residential Property citations, made 20 felony arrests and 66 homeless referrals. Improvement Program, described above, does focus on The Miami Beach Code Compliance Department has provided preserving affordable and workforce housing in addition to enhanced services in the North Beach CRA district. Calls for encouraging property enhancement and beautification. service, patrols, and investigations addressing quality of life issues and building violations, including enhancement of wORKPLAN physical appearance and cleanliness, have served to increase compliance throughout the district. Code Compliance staff have The North Beach CRA Redevelopment Plan's Goais and dedicated an additional personnel to the CRA area resulting �� Imp�ementation Strategies inc�ucle initiatives derived from 576 violations as of the third quarter of FY 2025. sources such as resident and stakeholder suggestions during the The Miami Beach Sanitation Division has diligently provided Redevelopment Plan development process, best practices, and comprehensive litter control services in the North Beach CRA �oncepts recommended in previous studies, reports, and master area, further extending their range of services. As part of their Plans. Implementation strategies vary in cost, duration, impact, and commitment to maintaining cleanliness and promoting a healthy complexity. There are several strategies that may require significant environment, the Division has allocated an average of 100 costs to effect visible change. .:'�.,- �--�� ' •�;,��+.�ns-,E T�. � additional hours per month specifically dedicated to this area. -� ,� _ ,T,,, �- �. ,, Through these efforts, the Sanitation Division ensures that litter � �� ,i�n'�{ ��'� -� .� is promptly collected, streets are regularly sv-ept, and public � �� .. ' � . � ��-�. ��x.. � . � .� \ ` . �. 1 spaces are kept free from debris. By providing this valuable � ' ' , ` ��,��--- _ � service, the division contributes significantly to enhancing the �� r',.�'�; �, •`�:j� aesthetic appeal and overall quality of life in the Redevelopment 'y�'-'�M_� �-�. -� .__ ,,�� ` ��, Area. -� ;..�,y�'� � �'''� s� �T ��'�� O�p �4r.ii A . .....� .� ...�, �� • 396 of 425 . ,-r- '.�. Attachment B - FY 2026 North Beach CRA Work Plan • � � • � . . � � . . NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY WORKPLAN CONT'D PROGRAM AND INITIATIVES CONT'D As the Redevelopment Plan and previous related plans 1. Beautification are eupansive in scope, a primary initiative for FY 2026 includes the development of a short-term (i.e., 3-5 year) a. Commercial Fa4ade Improvement Program: The North strategic plan to outline the initial efforts of the North Beach CRA has developed a commercial fasade improvement Beach CRA. The proposed immediate focus of the North Beach program �matching grant) available to businesses located within the CRA during its initial years continues to concentrate on actions that Normandy Isles/Rue Vendome Plaza section of the Redevelopment can be implemented at little cost, since long-term implementation Area. The purpose is to continue improving the visible appearance strategies are typically ongoing or are projects for which funding is and street presence of properties while enhancing the functionality not currently available. Immediate shortterm strategies may include and sustainability of businesses within this main commercial area. actions addressing, for example, code compliance or marketing and branding initiatives, which involve less expenditure but are visible Redevelopment Plan Goal 1: Provide Economic Development and impactful, nonetheless. Opportunities for Businesses, Property Owners, and Residents. PROGRAM AND INITIATIVES • Section 6.2: Normandy Isles - The Normandy Fountain area, also known as Vendome Plaza, serves as the community and The Fiscal Year 2026 operating budget recommendation prioritizes commercial center of Normandy Isle and could develop into six categories of expenditures: a vibrant, pedestrian-oriented shopping district with a strategic combination of protection and enhancement. Morth Bs�ah CM FY 3076 FV ZOM �� • �«M� ,�,,,�a�,,., ��• a,,,,,,a,�,., P� Section 8.3: Severa initiatives, suc as re abi itation an �Mo�Mam��a�hn«o�vb�o� : �3�� 5�-�— ,�� a� beautification gronts, will provide funding for businesses and M4mtDatleCaunryllFContrib�Non f 1.D80,000� 435% ' 1.327.000 429% a�emd: s :,�,�,� �.�,, ,,o,�,,,, o,.„� property owners in the CRA to make interior and exterior ^�<ea� S 20� 0.B� �� z�� improvements to their properties. rmr: : :.wc,00n ,oaou o,oes,000 ,00.a,� E,�,�� F�e�� ,�� ,�� • Section 9.1.l: Business Attraction and Retention - Develop �.��.�� s �� +aB� : �,� ,40% incentive programs to help existing or new property and business E�h.��dser�e� owners with aesthetics, repairs, rehabilitations, improvements, GommunRyPdkmg f 279000 9.fi% f 290.000 &8% ��.� s +�� x : ,�.� �.o, land acquisition, and resiliency modifications. communMde��l�eu f 6s,aoo 27% i �ez,aoo dax itsarMGJNre f 1750W 7.0% f 212,000 60% Sm.�a�.��e�a�w�eM s e�� B� s �,,000 ae� • Section 9.4.1: Normandy Isles — Fountain Area & Collins ��,�,trab� : �+�,o� .sti s ��e.� 3� Avenue within the Redevelopment Area Support redevelopment CoumyA6min�uM1atrveFee S 17000 0.7% S 20W0 41% 5��d�AKo�aa�a�awo�Mo«,Ho��a 5 a5,� ,a�% : �3� ,z.o� of sites around the fountain to include retail, Class A office Se�a�d�F��,�P�o,«�s_nFR�� s ,05,� <Z5� : ,oz<� �9� space, and residential. suum�r: : ZAeq000 �oao7t s �A��,000 �oo.ax seFas�ee�.Fumrea�o�ecrs-i��e�es�lncome s �0000 wn f ss.000 wa aN: ! zsos,00a toaox i �,ac,000 7o1ox � � Nortl-� Beach . / Commu�i[y Rodavolopmont Aganry R�•dovclopmant Plan � M.iY 2021 / 4 / ` �. �� .r . � ■ i �� -- _ . °� -f� � �.-�---.�'.:� s �� ti �:.... ��-=�!�� ■�� '� � � ; -� �-� —� ., . � ; • � � �— - ... IIkiI Fy � ( ..� Yp� ,44i �I��. � � . " ��``.�X�e - , � ... ��`` ��/ �-....:�.. "� - f � . . ... .. ...4.wn N=kr`........... .. - _ �397 of 425 � Attachment B - FY 2026 North Beach CRA Work Plan • � � • • . � � � • . NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY PROGRAM AND INITIATIVES CONT'D PROGRAM AND INITIATIVES CONT'D b. Residential Property Improvement Program: The North • Section 9.4: Develop incentive programs to rehabilitate and Beach CRA has developed a residential property improvement preserve existing housing stock and/or develop new housing program, a matching grant available to residential property owners stock; create programs and incentives to mitigate the costs of to promote the resiliency, beautification, and historic preservation historic preservation and rehabilitation; and create programs of the community. The program provides for renovation and and incentives to promote ag�in-place opportunities for existing rehabilitation of multifamily residential properties to encourage and new housing stock. sustainable features, housing affordability, and age-in-place opportunities for residents. • Section 9.4.1: North Shore— Partner with multifamily property owners to retain affordable and workforce housing oFferings. Redevelopment Plan Goal 4: Protect and Enhance the Neighborhood Character 2. Enhanced Services • Section 7.5.3: Building Adaptation - Resilient design can also a. Community Policing: The North Beach CRA is vested with be implemented through residential, commercial, and business the power to provide funding to support the development and fa�ade improvement programs. The programs would aim to implementation of community policing innovations, subject to the help the Redevelopment Area to address fa�ades and building budgetary limitation set forth in the Interlocal Agreement. Through systems to properly anticipate and accommodate future extreme additional shiRs/overtime, the Miami Beach Police Department weather patterns and natural events. This incentive-based �MBPD)will augment and enhance the relationship between the Police program could also encourage building owners to invest in and the community, by building trust among officers and residents to green infrastructure. encourage the creation of effective crime watch groups. Community policing innovations involve policing techniques designed to reduce • Section 9.1.2: Real Estate - Establish protective measures crime through increasing the perceived risks of engaging in criminal to safeguard housing for existing residents within the CRA activity due to a more visible presence of police in the community. consistent with federal requirements. This goal of heightened visibility can be achieved through measures such as community mobilization, neighborhood block watch, citizen • Section 9.2.1: Resiliency and Sustainability — Develop a patrol, citizen contact patrol, foot patrol, neighborhood storefront climate resiliency incentive program to assist residential police stations, field interrogation, or intensiFied motorized patrol. and commercial property owners with applicable capital Community policing initiatives will include "Park and Walk" foot improvements. patrols that increase visibility in parks and commercial corridors and proactive police activities including qualiry of life patrol sweeps and drug and traffic enforcement. ��14 --�, , --� . �� `""�.�a`'. �. t'`' ,..�. �,��;� � � �� a- .� _ �� .�".,.4 �?'�'_ �t �;,�+y�� , --' - -�-�.```,-'� . .� , — , . ..._ . _ � ' ' -�r'-+!�il.-ir�a-;,v• �t . �s _`f�M��ONNMv!sz�sr a ��.�. . �}.Si ,i , „{ + ""�� _�",s �� . ;� �� " ��'.�=.,.:�.�....ti. ' ..e�d�i4�:i�`�M+:��s - '�.a�� :inir� « _._._ _ �� '� - '��'��-_ Normandy Fo��i�Q��ndome Plaza Attachment B - FY 2026 North Beach CRA Work Plan _ � �a � .=�� _, { S_r Y . k#1�j' _� .- _ .,r:i �' � � • � ♦ • .. - . - _�. .... �. ..,. �q . . _ x_ - , - �-�. . . : r_ � .. ,.t-�ti,: . - . �.� ._ -.:.. .. . � � � . , � . `[' S�'i- .' . �., � _1Y�. � ��'' af .__c !. -._ _ c-:F?-.:iF. > . .. . r __.:�Aa..•-�-6�3, .,_- . Hn ,he'. . _.__. . . NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY PROGRAM AND INITIATIVES CONT'D PROGRAM AND INITIATIVES CONT'D Redevelopment Plan Goal 5: Improve the Quality of Life for Residents Redevelopment Plan Goal 3: Strengthen Cultural Arts, Branding & and Visitors Marketing, and Communication • Section 9.5.2: Safety - Work with the Miami Beach Police • Section 9.3.1: Cultural Tourism - Leverage arts and culture Department (MBPD) or ambassador programs to create and as a key community development strategy and a core sector implement innovative community policing strategies. of comprehensive communiry planning and development; Encourage and support the recruitment of cultural partners b. Code Compliante: The North Beach CRA, in cooperation with and performing arts organizations; Invest and assist in the MBPD, Miami Beach Fire Department, and Code Compliance cultivating, preserving, and enhancing the artist community; Department, will work to create a safe, quality environment for Explore opportunities to partner or collaborate with cultural residents and businesses. The CRA will fund two additional 10-hour organizations with emphasis on those based in Miami Beach; Code Compliance officer shifts per week to provide opportunities and Promote hotels, restaurants, and retailers with area cultural for community engagement, education, outreach, and enforcement tours and food fairs or other similar programs. efforts. • Section 9.3.2: Branding - Develop a logo, campaign strategy, Redevelopment Plan Goal 4: Protect and enhance the neighborhood and signage, including for outreach and relationship-building to character. multilingual stakeholders and residents. • Section 9.4: Work with the City to ensure property owners are 4. Small Business Development meeting code compliance standards and implement remedies when necessary. The North Beach CRA business community is both strengthened by and composed of the various small businesses and entrepreneurs • Section 9.5.2: Safety — Work with the Miami Beach Code operating within the commercial and residential districts. Small Compliance Department to highlight opportunities and address business development programs and services will enhance business cod�related concerns. success and provide resources to encourage business attraction, retention, and creation. c. Sanitation: Maintaining clean streets across public and private spaces is key to the enhancement and improvement of a community. Redevelopment Plan Goal 1: Provide Economic Development As the City plans for additional North Beach staffing for the Public Opportunities for Businesses, Property Owners, and Residents. Works Department - Sanitation Division, the North Beach CRA wi�� provide support for waste processing fees associated with the • Section 9.1.1: Business AHraction & Retention — Inventory removal of solid waste attributed to illegal dumping within the district. existing businesses to identify complementary businesses for attraction to fill the retail gab identified in the market analysis; Redevelopment Plan Goal 5: Improve the Quality of Life for Residents Engage with existing business owners to assess and support and Visitors their small business needs such as marketing, rehabilitation, resiliency improvements, labor needs, and employment • Section 9.5.1:Community Spaces-Work with the City to ensure training; Work with City to allow temporary uses, pop-up streets are maintained and cleaned regularly. octivations, retail, and restaurants,whether in vacant shopfronts or on vacant lots; Implement a "Shop Local" program; and Host 3. Arts and Culture "banker/broker/developer"events to highlight available land, retail, and office space. Through leveraging cultural anchors and assets belonging to the North Beach CRA,there is an opportunity to promote cultural tourism fueled by curiosity and interested in arts and culture. Art galleries, the Miami Beach Bandshell, Rue Vendome Plaza, and other public spaces attract tourists and improve qualiry of life of residents. The North Beach CRA has already achieved some success in its branding development through its creation of a logo. Further development of the brand strategy is needed to further propel the Redevelop�,4&rof 425 e�e„ Attachment B - FY 2026 North Beach CRA Work Plan = • � � • • . �:_ � � • � . NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY PROGRAM AND INITIATIVES CONT'D PROGRAM AND INITIATIVES CONT'D 5. Administrafion • Section 9.4: Develop incentive programs to rehabilitate and preserve existing housing stock and/or develop new housing General: Administrative expenses for the North Beach CRA are stock; Create infill housing programs to increase residential limited by the Interlocal Agreement which stipulates that no more projects on existing residential sites; Support affordable than 20% of TIF revenue may be used for such costs. The Interlocal homeownership opportunities through first-time homebuyer, Agreement also provides for an Administrative Fee to Miami-Dade down-payment, and utility assistance programs; Create County in the amount of 1.5%of its TIF contribution to the Trust Fund. Programs and incentives to increase affordable and workforce Other administrative expenses include a contribution to the Miami housing, mixed-income projects, mixed-use projects; Create Beach General Fund to cover general costs for internal services as programs and incentives to mitigate the costs of historic determined by a cost allocation study. The North Beach CRA will preservation and rehabilitation; and Partner with the Miami also contribute to a portion of personnel costs for a City of Miami Beach Housing Authoriry and the City's Housing and Community Beach Economic Development staff inember and the Miami Beach Services Department to protect existing residents and provide Building Department's lease of commercial office space to allow for a{{ardable housing and homeownership opportunities. a physicai presence within the district. 6. Affordable and Workforce Housing 7• Future Projects The Interlocal Agreement stipulates that the North Beach CRA must The Redevelopment Plan contemplates projects of varying complexity dedicate at least 10% of TIF revenue for affordable and workforce and costs. As TIF revenue grows, the North Beach CRA will be better housing. The funding may be used for renovation, construction, or �ble to leverage resources to implement larg�scale projects and preservation efforts. The 10% set aside for FY 2026 will add to the Programs including infrastructure, environmental, and parks and foundation of funding for housing related projects and initiatives in recreation projects. Additionally, the North Beach CRA will be able future years. Although funding is not slated to be expended in FY to utilize revenue to supplement grant funded projects and have the 2026, planning efforts will focus on preservation and renovation capacity to bond TIF revenue for even greater impact. of naturally occurring affordable housing units, development of new multifamily affordable and workforce housing inventory, and homeownership opportunities. Redevelopment Plan Goal 4: Protect and Enhance the Neighborhood Character • Section 9.1.2: Real Estate - Identify priority areas for redevelopment and associated property acquis:tion needs related to replacement housing, infill redevelopment, parks, greenspace, parking, and resiliency efforts. _ - .=--�: � �� - ` - �� - . ' .. .. _ .., � es . .. _ , �- � � ' �� s� _.._�- - �. `� .."�''Fq�`"��Y��' # ��t.1i�'iR'' �'�. �t � ;. .- �, - " � ; ' ��- .�,�-�-' � .,. � - � . ,.�� , ' -�!r- "�� ,'� �. _ •-- — -- . ._._ � � � . .� • 4. � �'.� �� ` x �p_ �',: _ '1�4' -��"�F:"' �nt" � .. . � . '�'z r�.,��g��ti�•-- � `1��;'-t '�!► '.y�'� � w �. _ _ � w �* . �„'---- "t '�� '�� s R r" � � '":� � -s � - � � ` , �� _ ••t_� � � �tr�. R-�.. � ,'s ,'rL% . "�a�' !`' ,� �T'^""�� rt _ y.*- � f ��._ _._ �� L . . .` _. ..1 = '� ��7 .r� ,�-.k' ' 3'- k.� V�- n �a,'°'Y _ Miami Beach Bandshell Attachment B - FY 2026 North Beach CRA Work Plan � . . . • . . � � . , , • �f�'r-e?.'{J. a_fk�.__t. �.i�n r�a.= R.��'� . .. ..a-� 'i e'-_... }':_.,J.✓'v NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY CRITICAL SUCCESS FACTORS CRITICAL SUCCESS FACTORS CONT'D • Adoption of and adherence to the Redevelopment Plan and • Development of partnerships and opportunities for collaboration other economic development and revitalization strategy plans with local, regional, and national partners for various areas of the North Beach CRA district and the City as a whole • Ability to secure external funding sources including grants • Enhance networking and communication opportunities for the • Ability to network and interact with the business and local community including, but not limited to, residents, property development communities to encourage new and expanding owners, business owners/operators, and visitors to gauge private investment in the area interest in various economic development initiatives, programs, and incentives • Access to local/zip code level market information especially the real estate and job markets • Progress on planned public infrastructure and facility projects • Improved website and data development to ensure a greater • Progress on approved private development projects quantity and selection of detailed information and records are instantly available to the public, site selection consultants, and potential business owners � v ,� ��,�A� .v i �". t .� /'�� — �► �r1� . 'f � - D; .� ,, �. s Yt ;' ` �� ► � A �., 4 �, ��- i �f � � � - �� ; , , - �� . �„ ;, �' ,�� i�ii ii ' _t'�Rt� ` F � f, �.yaiw,' i t i .�,�:�: ,;y 1��; r' -t- � �'�•�-��- � �.,'c.-�.'..-�.��:�-,.�..��i— -- +....�+ ��.,,•,�,y�.�. — - �.�.�.-.� � _ . -- — -- - :_-——_ A. .—.—�—_— ' — — — — 'i —c— , j _ _ - — . _ . _ . a - - i ' r ��. 4,,- .. .. �: ...��,- � �� r \�_..�, —�. ^ _ �� r� � . -�, ��1" ...� � ��C � ' r� ♦ •� � _ '�{� lAr.r $i - �,�,,. _��E- � _ -�.i � �y1-.�' :` �' - ', -�—��- �'/�� Z�� •4��,�•� /� ,•�•. '� * �- � �/ �t�K� 1rti -^:.{" ''�1� ��' r �� }6 i � � � '�'�:fy�'• � i A �� .. ��t��}� i %� � , r �,, , � . ��i�.� :.� :A s�. ,<_ �r! n " A T��.� � ' _ �i �i�� :�: ~ � � .�S �� /� ��r..�'� s Y gl �- . �1 u�- �T�. � ��: .y -.� \ � �, � �` _ ��,.c� '` � ' ~� _ �� ,�# `'� �' r % i b +Y4. ,- �/�l�, � r i� I - �} ��. � _.6 i�i �p *,e � y r � � �a�'.' � ` ��.,.� � , ', � � ! .+ - �1� �� '� 1�� ."�` . ."`� � � �"�� `� �+ � .1�� r. � �, S �� i'� 1 '�- ._��.�' . .. - -'� _ -_. "�--� -. . ��°'�I . ,--�-•_ . .. .� . � . � 401 of 425 Attachment B - FY 2026 North Beach CRA Work Plan • � � • • . . � � . . NORTH BEACH COMMUNITY REDEVELOPMENT AGENCY FUTURE OUTLOOK FUTURE OUTLOOK CONT'D Economic development and growth opportunities are present The implementation of short-term and immediate redevelopment throughout the Redevelopment Area. Early increases in property strategies should be followed by substantial development values, since the 2021 base year, indicate that the North Beach improvements in key commercial areas. These areas are essential CRA is making progress toward addressing the challenging for accelerating revitalization and demonstrating progress by the conditions that led to its creation, such as blight, deterioration, North Beach CRA. They include Town Center, Normandy Isles/ and economic stagnation. However, redevelopment efforts must Rue Vendome Plaza, North Shore, and the West Lots. for successful strike a balance between bold actions and thoughtful planning. The redevelopment in these areas, community engagement is crucial, Redevelopment Plan outlines strategic, local approaches that will and available resources must be leveraged efficiently. Using the raise community awareness of the CRA and bring visible change Redevelopment Plan as a guide, the North Beach CRA will focus without the he(ty financial burden typically associated with large on preserving and enhancing the elements that residents value capital projects. Along with the annual preparation of an Operating most, while introducing new features necessary to foster a vibrant Budget and Work Plan, the North Beach CRA will create a five- community. year implementation strategy with funding projections to guide the redevelopment program and provide a clear vision for the future. New development projects, economic revitalization programs, and innovative financing for commercial and entrepreneurial ventures are vital to the path ahead. _, � '�� - �� k_ `' ` �` � � _• ` �: � _�i. ��` � � �� '� ll��i�� . � ��\ �� ^ - --��; ; �i,i,, "`E.t r ��`. �`T�� f �`'r e .v � ��- r �Yi_- . .� i.� � � � �-� s ;� I � ,�'�, „� . ��w� :� ••,; � ,r _+� � � _ �,.`....� .._�. �Mi�r. �„„�. ��.� 4�;...:� . `'�- -��--■� 72 Park Residences 402 of 425