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Res No 069-12-13626_RESOLUTION NO. 69-12-13626 A Resolution to draft an ordinance placing a moratorium on multifamily development pending appropriate studies of absorption and vacancy rates as well as transportation and parks concurrency. WHEREAS, the City Commission is requesting analysis of the existing number of available multifamily, affordable units within the City; and WHEREAS, the City Commission is requesting an absorption rate and vacancy rate study of housing units within the City before additional projects are approved for development; and WHEREAS, the City Commission has expressed concerns on the impact of additional multifamily units on the City's infrastructure of all new multifamily development; and WHEREAS, the roadway levels of service (LOS) for principal and minor arterials within the City are designated at LOS 7 "; and WHEREAS, the City is presently working to select a qualified consultant or consulting firm to conduct a transportation capacity analysis, update its current roadway levels of service and the impacts of its designation as a Transportation Concurrency Exception Area, which upon completion and coupled with any necessary amendments to the City's Comprehensive Plan and Land Development Regulations shall serve to further guide land use and development so that development within the City will further the City's goal of sustainability; and WHEREAS, the City Commission in its capacity as the legislative body that approves all comprehensive land use planning and land development code changes, has reviewed this Resolution. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA THAT: Section 1. The City Attorney shall draft an ordinance placing a moratorium on multifamily development pending appropriate studies and to conduct the necessary data and analysis enumerated hereinabove concerning transportation and parks concurrency as well as, but not limited to, absorption and vacancy rates. Section 2. This resolution shall be effective immediately upon adoption. PASSED AND ADOPTED this 27thday of March 2012. ATTEST: COMMISSION VOTE: 5 -0 Mayor Stoddard: Yea Vice Mayor Liebman: Yea Commissioner Newman: Yea Commissioner Harris: Yea Commissioner Welsh: Yea Page I of I