HomeMy WebLinkAboutR-2010-037 Recovery Zone Application RESOLUTION NO. 2010-037
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA
BEACH, FLORIDA EXPRESSING THE SUPPORT OF THE CITY
COMMISSION IN CONNECTION WITH THE SUBMISSION OF A
RECOVERY ZONE APPLICATION TO BROWARD COUNTY RELATED TO
FUNDING OF THE PROPOSED HOTEL PROJECT ASSOCIATED WITH
THE DANIA BEACH CITY CENTER; PROVIDING FOR CONFLICTS;
FURTHER, PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City Commission of the City of Dania Beach entered into a
Development Agreement with Downtown Dania Beach Development, LLC for a redevelopment
project to be located in the new City Center Project area; and
WHEREAS, the redevelopment consists of a new parking garage, a new hotel, office
space and future residential development; and
WHEREAS, a hotel is one of the most important components of the redevelopment
project and is a key economic development indicator of the revitalization program; and
WHEREAS, the economic impacts from the new hotel will include the creation of new
jobs and an increase in the tax base for the City of Dania Beach; and
WHEREAS, the new hotel will boost tourism within the City of Dania Beach with
additional economic impacts to area businesses; and
WHEREAS, the developer of the hotel is seeking financing to construct the project and
intends to apply for the new federal stimulus funding available through the Recovery Zone
Application process;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF DANIA BEACH, FLORIDA:
Section 1. The City Commission expressly supports the submission of the Recovery
Zone Application to Broward County by Downtown Dania Beach Development LLC, which
seeks assistance in funding of the proposed hotel project in the City Center Redevelopment.
Section 2. That a certified copy of this Resolution shall be forwarded by the City
Clerk to the Broward County Commission.
Section 3. That all resolutions or parts of resolutions in conflict with this Resolution
are repealed to the extent of such conflict.
Section 4. That this Resolution shall be in force and the effect immediately upon its
passage and adoption.
PASSED AND ADOPTED on March 9, 2010.
��
�,s Firsr c�r ANNE CASTRO
ATTEST: osjP AYOR—COMMISSIONER
�e
/ -%,
LOUISE S ILSON, CMC -%
CITY CLERK
1
APPROVED AS FORM CORRECTNESS:
THO SJ ANSB O
CITY ATTORNEY
2 RESOLUTION#2010-037