R7D - Implement Lincoln Rd Concession Fee Abatement

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE FINANCE AND RESILIENCY COMMITTEE, AT ITS JANUARY 24, 2025 MEETING, TO IMPLEMENT A ONE-YEAR LINCOLN ROAD OUTDOOR CONCESSION FEE ABATEMENT PROGRAM, PROVIDING A 100% REDUCTION FOR THE FIRST THREE (3) MONTHS FOR ANY NEW RESTAURANT AND A 50% REDUCTION FOR THE MONTHS OF AUGUST, SEPTEMBER, AND OCTOBER OF 2025 (DEEMED THE SLOWEST MONTHS OF THE YEAR); AND REQUIRING RESTAURANTS TO APPLY FOR THE ABATEMENT AND SATISFY CRITERIA APPROVED BY THE CITY COMMISSION, SUCH AS DEMONSTRATED FINANCIAL HARDSHIP; AND FURTHER, PROVIDING THAT SUCH REDUCTIONS WILL BE EFFECTIVE DURING THE OCTOBER 2025-MARCH 2026 BILLING PERIOD.