C7L - Approve School Concurrency Agreement

A Resolution Of The Mayor And City Commission Of The City Of Miami Beach, Florida, Approving And Authorizing The City Manager To Execute A Public School Concurrency Proportionate Share Mitigation Development Agreement ("agreement"), Attached Hereto As "exhibit 1," Between The City Of Miami Beach ("city"), Miami-dade County School Board ("m-dcsb") And Nobe Creek, Llc ("property Owner"), Relating To The Property Located At 666 71 Street, 6973 Indian Creek Drive, And 6980 - 6994 Carlyle Avenue (the "property"); Which Agreement Provides For The Payment Of Mitigation Toward School Board Concurrency By Property Owner To M-dcsb Arising Out Of The Property Owner's Application To Construct Multifamily Residential Units On The Property; And Which Agreement Is Consistent With The Requirements Of The Amended And Restated Interlocal Agreement Between M-dcsb And The City, Dated December 12, 2007 ("ila").