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HomeMy WebLinkAboutR-2011-058 Supporting Downtown Dania Beach City Center Project RESOLUTION NO. 2011-058 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA EXPRESSING THE SUPPORT OF THE CITY COMMISSION IN CONNECTION WITH THE DOWNTOWN DANIA BEACH CITY CENTER PROJECT OF GREEN HILL PROPERTIES LLC; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Dania Beach entered into a Development Agreement with Downtown Dania Beach Development, LLC for the redevelopment of Downtown Dania Beach and the project to be located in the new City Center Project area; and WHEREAS, the new City Center will include new market rate housing, hotel, commercial, retail, restaurants, additional parking and the construction of a new City Hall at the expense of Downtown Dania Beach Development, LLC; and WHEREAS, the economic impacts from the City Center Project and redevelopment of Downtown Dania Beach will include the creation of new jobs and an increase in the tax base for the City of Dania Beach to help foster redevelopment and growth within the City of Dania Beach; and WHEREAS, the City Center project and redevelopment of Downtown Dania Beach will also boost tourism within the City of Dania Beach with additional economic impacts to area businesses; and WHEREAS, Downtown Dania Beach Development, LLC has partnered with CGI Capital Holdings LLC in order to facilitate the financing of the City Center Project; NOW,THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA: Section 1. The above recitals are true and correct and incorporated into this Resolution by this reference. Section 2. The City Commission conceptually supports the City Center Project and the redevelopment of Downtown Dania Beach by Downtown Dania Beach Development, LLC. 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 That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict.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 take effect immediately upon its passage and adoption. PASSED AND ADOPTED on June 14, 2011. �O�pRDIS F��T ATTEST: - 3a1 LOUISE STILSON, CMC PATRICIA A. FLURY CITY CLERK a�v MAYOR APPROVED AS O FO AND CORRECTNESS: rl THOfvlA%J. UtBkb CITY ATTORNEY 2 RESOLUTION#2011-058