2022 City of Miami Special Election – November 8, 2022

Election Related Resolutions

A RESOLUTION OF THE MIAMI CITY COMMISSION  DIRECTING THE CITY ATTORNEY TO PREPARE A PROPOSED AMENDMENT TO THE CHARTER OF THE CITY OF MIAMI, FLORIDA (“CHARTER”) FOR CONSIDERATION AT THE SPECIAL ELECTION SCHEDULED FOR NOVEMBER 8, 2022, PROPOSING, UPON APPROVAL OF THE ELECTORATE, TO AMEND SECTION 29-B OF THE CHARTER, TITLED “CITY-OWNED PROPERTY SALE OR LEASE-GENERALLY,” TO AUTHORIZE THE CITY COMMISSION, BY A FOUR-FIFTHS (4/5THS) AFFIRMATIVE VOTE, TO WAIVE COMPETITIVE BIDDING AND AUTHORIZE THE CITY MANAGER TO NEGOTIATE AND EXECUTE AN AMENDED AND RESTATED LEASE WITH THE EXISTING TENANT, HRM OWNER LLC, TO PROVIDE A NEW 99-YEAR TERM AND EXPAND THE LEASE TO INCLUDE THE EXISTING HYATT HOTEL AND JAMES L. KNIGHT CONVENTION CENTER PROPERTY AT 298, 300, 330, & 400 SOUTHEAST 2ND AVENUE (COLLECTIVELY, “PROPERTY”), PROVIDING FOR THE REDEVELOPMENT OF THE PROPERTY TO INCLUDE AT LEAST A 615 KEY HOTEL, 188,000 SQUARE FEET OF CONVENTION/MEETING SPACE, 682 APARTMENTS, PARKING, ADDITIONAL PUBLIC OPEN SPACE, AND AN EXPANDED PUBLIC RIVERWALK, ALL AT NO COST TO THE CITY, FOR NO LESS THAN FAIR MARKET VALUE RENT, CONSISTING OF THE GREATER OF PARTICIPATION RENT EQUAL TO 2.5% OF GROSS REVENUES OR AN INCREASE OF MINIMUM RENT FROM $250,000 TO $2,500,000 ANNUALLY, AND FURTHER PROVIDING THAT TENANT SHALL MAKE A $25,000,000 CONTRIBUTION TO AFFORDABLE HOUSING, WITH RESTRICTIONS, REVERSIONS, AND RETENTION BY THE CITY OF ALL OTHER EXISTING CITY RIGHTS, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY.

A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING, SETTING FORTH, AND SUBMITTING TO THE ELECTORATE A PROPOSED AMENDMENT TO THE CHARTER OF THE CITY OF MIAMI, FLORIDA, AS AMENDED (“CHARTER”), KNOWN AS CHARTER AMENDMENT NO. 1; AMENDING SECTION 29-B OF THE CHARTER, TITLED “CITY-OWNED PROPERTY SALE OR LEASE GENERALLY,” TO AUTHORIZE THE CITY COMMISSION BY FOUR-FIFTHS (4/5THS) AFFIRMATIVE VOTE, TO WAIVE COMPETITIVE BIDDING AND EXECUTE AN AMENDED AND RESTATED LEASE WITH THE EXISTING TENANT, HRM OWNER LLC (“TENANT”), TO PROVIDE A NEW 99-YEAR TERM AND EXPAND THE LEASE TO INCLUDE THE EXISTING HYATT HOTEL AND JAMES L. KNIGHT CONVENTION CENTER PROPERTY AT 298, 300, 330, & 400 SOUTHEAST 2ND AVENUE (COLLECTIVELY, “PROPERTY”), PROVIDING FOR THE REDEVELOPMENT OF THE PROPERTY TO INCLUDE AT LEAST A 615 KEY HOTEL, 188,000 SQUARE FEET OF CONVENTION/MEETING SPACE, 682 APARTMENTS, PARKING, ADDITIONAL PUBLIC OPEN SPACE, AND AN EXPANDED PUBLIC RIVERWALK, ALL AT NO COST TO THE CITY, FOR NO LESS THAN FAIR MARKET VALUE RENT, CONSISTING OF THE GREATER OF PARTICIPATION RENT EQUAL TO 2.5% OF GROSS REVENUES OR AN INCREASE OF MINIMUM RENT FROM $250,000.00 TO $2,500,000.00 ANNUALLY, AND FURTHER PROVIDING THAT TENANT SHALL MAKE A MINIMUM $25,000,000.00 AFFORDABLE HOUSING CONTRIBUTION, WITH RESTRICTIONS, REVERSIONS, AND RETENTION BY THE CITY OF ALL OTHER EXISTING CITY RIGHTS; CALLING FOR A REFERENDUM AND PROVIDING THAT THE CHARTER AMENDMENT NO.1 WILL BE SUBMITTED TO THE ELECTORATE AT THE REFERENDUM SPECIAL ELECTION TO BE HELD CONCURRENTLY WITH THE GENERAL ELECTION ON NOVEMBER 8, 2022; DESIGNATING AND APPOINTING THE CITY CLERK AS THE OFFICIAL REPRESENTATIVE OF THE CITY COMMISSION WITH RESPECT TO THE USE OF VOTER REGISTRATION BOOKS AND RECORDS; FURTHER DIRECTING THE CITY CLERK TO CAUSE A CERTIFIED COPY OF THE HEREIN RESOLUTION TO BE DELIVERED TO THE SUPERVISOR OF ELECTIONS OF MIAMI-DADE COUNTY, FLORIDA NOT LESS THAN FORTY-FIVE (45) DAYS PRIOR TO THE DATE OF SUCH ELECTION; FURTHER  DIRECTING THE CITY MANAGER TO USE GOOD FAITH EFFORTS TO BRING BEFORE THE COMMISSION FOR 4/5THS APPROVAL A FULLY NEGOTIATED LEASE AGREEMENT, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY ON OR BEFORE THE DECEMBER 8, 2022 REGULAR CITY COMMISSION MEETING, SUBJECT TO APPROVAL BY THE ELECTORATE ON NOVEMBER 8, 2022; PROVIDING AN IMMEDIATE EFFECTIVE DATE FOR THIS RESOLUTION.