Loading...
11-01-04 Item 8• 1 2 3 RESOLUTION NO. 4 5 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE 6 CITY OF SOUTH MIAMI, FLORIDA, REQUESTING FULL SUPPORT 7 FOR THE BUILDING BETTER COMMUNITIES 2004 BOND 8 PROGRAM; PROVIDING FOR AN EFFECTIVE DATE. 9 10 WHEREAS, Miami -Dade County has identified approximately $7 billion in requested 11 projects, including approximately $4 billion in unfunded needs, including infrastructure and 12 economic development projects along with another $3 billion in quality of life improvement 13 projects identified through public meetings and charettes; and 14 15 WHEREAS, the Miami -Dade County Manager has identified approximately $2.9 billion 16 in available bonding capacity without increasing the overall debt service millage rate; and 17 18 WHEREAS, Miami -Dade County will soon retire the debt from the 1972 Decade of 19 Progress bond issue that helped build Miami MetroZoo, MetroRail, and other key projects 20 throughout our community; and 21 22 WHEREAS, Miami -Dade County staff has identified projects with the criteria of 23 improving infrastructure, encouraging economic development, addressing community 24 and business priorities, addressing growth management, and improving County facilities; 25 and 26 27 WHEREAS, on July 20, 2004, the Miami -Dade County Board of Commissioners 28 approved eight resolution items which will be presented to the electoral as the 2004 Building 29 Better Communities Bond Program; and 30 31 WHEREAS, the City of South Miami recognizes the value and importance of this bond 32 program for our entire community; and 33 34 WHEREAS, the City of South Miami deems that infrastructure improvements, economic 35 development programs and cultural enhancements throughout Miami -Dade County cited in the 36 bond program will serve to expand the economic base of our community; and are key to 37 maximizing our community's growth potential; and, 38 39 WHEREAS, the City of South Miami deems that to preserve and enhance the quality of 40 life in Miami -Dade County through public investments in parks and recreation, arts and culture, 41 and historic preservation and education serves to retain and attract companies for our 42 community. 43 44 NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY 45 COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA, THAT; 46 47 Section 1. That the City of South Miami hereby supports the goals and objectives of 48 the 2004 Building Better Communities Bond Program and, for the reasons identified above, 49 urges the voters of Miami -Dade County to vote in favor of this program. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Section 2. This resolution shall take effect immediately upon approval. PASSED AND ADOPTED this day of , 2004. ATTEST: CITY CLERK READ AND APPROVED AS TO FORM: CITY ATTORNEY JAMy Documents\resolutions \RESOLUTION 2004 GOB Bond.doc APPROVED: MAYOR COMMISSION VOTE: Mayor Russell: Vice Mayor Palmer: Commissioner Wiscombe: Commissioner Marie Birts- Cooper: Commissioner Sherar: Page 2 of 2