C7AE - Impose Parking Lot Redevelopment Moratorium

A Resolution Of The Mayor And City Commission Of The City Of Miami Beach, Florida, Imposing A Moratorium On Transactions Involving The Sale Or Lease Of 10 Years Or More Of City-owned Surface Parking Lots Or Garages For Redevelopment, Such Moratorium To Be Lifted Only With Respect To Transactions That Require The Purchaser/lessee To Redevelop The Property In Such Manner As (1) Will Result In A Material Net Increase In Public Parking (not Including Any Required Parking) At The Property And (2) Except In Cases Where The Redevelopment Entails A Parking Garage As Its Main Use, Will Result In The Construction Of A Meaningful Number Of Affordable Or Workforce Housing Units That Will Remain Affordable Or Workforce Housing For A Period Of At Least 30 Years, With These Conditions To Be Recorded In An Appropriate Instrument As Covenants Running With The Land.