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070-2001 LTC F:\CMGR\SALL\LTC-Ol\ARTICLES.CDT Attachments JMG:ptw Should you require additional information please contact me. As most of you know, staff and I met with the Editorial Board of the Miami Herald last week. The attached "Local Perspectives" was included in Saturday's Local Section. I believe they captured our side of the story accurately and appear to have endorsed our position. The attached articles from the Miami Herald and Miami Today regarding the baseball stadium tax, are submitted for your information. These columns outline Miami Beach's position on this issue. Jorge M. Gonzalez Q' ~ City Manager t' . U CONVENTION DE ELOPMENT TAX SUBJECT: FROM: Mayor Neisen O. Kasdin and Members of the City Commission TO: April 9, 2001 LETTER TO COMMISSION L,T,C, No,1fi!J-c2(2)0/ CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 http:\\ci.miami-beach.f1.us staging areas. The $35 millIon, plus annual $1.5 million, can't cover these major renovations. Meanwhile. the money col- lected from the bed tax has grown b~' leaps and bounds. The tourist-jammed Beach de- livers a whopping 40 percent of what the county collects. The county is collecting 50 much that it could recently pledge $118 million in bed-tax money to build a stadium for the Florida Marlins. These funds also helped build the lat- est arena for the Miami Heat, give a boost to the Ericsson tennis tournament and a civil- rights memorial on Virginia Key and gone to a smattering of cultural facilities. The city still stands solidly behind the Performing Arts Center. but wants a bigger slice of the tax money. A tentative December agreement between the city and the county still is in nego- tiations. It includes a one-time lump-sum payment of $15 mil- lion for convention center and hotel projects; $3 million in 2002; $4.5 million a year from 2003 to 2040; plus a percentage of any excess revenues raised over projections. The city says that it has the right to terminate the 1996 agreement because one of the conditions - that the PAC be constructed by March 31, 2001 - has been breached. It shouldn't come to that, however. What the city seeks is fair. The county, which freely has doled out the bene- fits it reaps from Miami Beach, should play ball. .. , P ity and Miami-Dade ~,County administrators are in negotiations to make sure that the Beach gets a fairer share of its hefty contribution to Miami-Dade's pot of tour- ism-tax money. The city deserves that share. Its willingness five years ago to share its revenues with others now stands to cost it dearly. Miami Beach, by law, is entitled to two-thirds of the convention-development tax i called the "bed tax" because it's levied on hotel rooms) :c develop its municipal con- vention center and related facilities. But in 1996, the city handed over its portion of the tax to the county to help build the Performing Arts Center. In "::change, the city got $35 mil- lion in a lump sum and $1.5 mil- lion a year. Then it looked like a good deal. Now administra- tors rightly fear the city will get shortchanged for such civ- ic-mindedness because the co-unty is earmarking the money for many other pro- jects. .. The convention center is an important revenue generator, not just for the city, but for the entire county. If it's not upgraded to compete with such luxurious facilities as those in San Francisco or Seat- tle,we all lose. . The Beach needs a steady - and bigger - stream of bed- tax revenue to make the major upgrades that will let it com- pete: more parking and better ;;,...;" .~" . 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