R7X - Increase Job Creation Incentives
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A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, DIRECTING THE CITY ADMINISTRATION TO INCREASE THE BUDGET LINE ITEM FOR THE JOB CREATION INCENTIVE PROGRAM BY $400,000 IN THE FY 2026 BUDGET TO ATTRACT NEW BUSINESSES TO THE CITY.
Sponsors
Commission Vote Result
7-0
PASSED
Detailed Information
Cached: 3 weeks agoResolutions - R7 X
COMMISSION MEMORANDUM
RECOMMENDATION
BACKGROUND/HISTORY
ANALYSIS
The attached Resolution was prepared at the request of the sponsor, Commissioner Joseph Magazine.
FISCAL IMPACT STATEMENT
The fiscal impact of this measure is $400,000.
Does this Ordinance require a Business Impact Estimate? (FOR ORDINANCES ONLY)
If applicable, the Business Impact Estimate (BIE) was published on: See BIE at: https://www.miamibeachfl.gov/city-hall/city-clerk/meeting-notices/
FINANCIAL INFORMATION
CONCLUSION
Applicable Area
Citywide
Is this a “Residents Right to Know” item, pursuant to City Code Section 2-17?
Is this item related to a G.O. Bond Project?
No
No
Was this Agenda Item initially requested by a lobbyist which, as defined in Code Sec. 2-481, includes a principal engaged in lobbying? No
If so, specify the name of lobbyist(s) and principal(s):
Department
City Attorney
Sponsor(s)
Commissioner Joseph Magazine
Co-sponsor(s)
Condensed Title
Funding Increase, Job Creation Incentive Program. (Magazine) CA
Previous Action (For City Clerk Use Only)