C7AZ - Negotiate Development Agreement for West Hospit...

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, DIRECTING THE CITY ADMINISTRATION TO NEGOTIATE A DEVELOPMENT AGREEMENT WITH WEST HOSPITALITY OWNER LLC (THE “SPONSOR”) TO SET FORTH THE TERMS FOR THE PROVISION OF CERTAIN PUBLIC BENEFITS TO BE PROVIDED BY AN AFFILIATE OF THE SPONSOR IN EXCHANGE FOR BONUS HEIGHT AND FLOOR AREA RATIO (FAR) FOR A DEVELOPMENT PROJECT PURSUANT TO AMENDMENTS TO THE CITY’S LAND DEVELOPMENT REGULATIONS; SAID PUBLIC BENEFITS TO INCLUDE, WITHOUT LIMITATION, (1) THE ELIMINATION OF A LEGAL NONCONFORMING TRANSIENT USE IN THE WEST AVENUE NEIGHBORHOOD; (2) THE CONVEYANCE TO THE CITY OF THE PROPERTY LOCATED AT 1247–1255 WEST AVENUE AND 1234 13TH STREET; AND (3) THE DESIGN AND CONSTRUCTION OF MISSING SEGMENTS OF THE BAYWALK; AND FURTHER, DIRECTING THE CITY ADMINISTRATION (A) TO RETURN TO PRESENT A FIRST READING OF THE DEVELOPMENT AGREEMENT AT THE MAY 21, 2025 MEETING OF THE CITY COMMISSION AND (B) TO ENDEAVOR TO PRESENT THE SECOND READING OF THE DEVELOPMENT AGREEMENT AT THE JUNE 25, 2025 MEETING OF THE CITY COMMISSION.