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HomeMy WebLinkAbout2011-031-1424 - Supporting HB 141 and SB 466; Opposing SB 980 1515 NW 167 Street, Building 5 Suite 200 Miami Gardens, Florida 33169 City of Miami Gardens Agenda Cover Memo Council Meeting Date: February 23, 2011 Item Type: (Enter X in box) Resolution Ordinance Other X Fiscal Impact: (Enter X in box) Yes No Ordinance Reading: (Enter X in box) 1st Reading 2nd Reading X Public Hearing: (Enter X in box) Yes No Yes No X Funding Source: N/A Advertising Requirement: (Enter X in box) Yes No X Contract/P.O. Required: (Enter X in box) Yes No RFP/RFQ/Bid #: X N/A Strategic Plan Related (Enter X in box) Yes No Strategic Plan Priority Area: Enhance Organizational Bus. & Economic Dev Public Safety Quality of Education Qual. of Life & City Image Communication Strategic Plan Obj./Strategy: (list the specific objective/strategy this item will address) N/A X Sponsor Name Councilman Oliver G. Gilbert, III Department: Mayor and Council Short Title: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MIAMI GARDENS, FLORIDA, EXPRESSING SUPPORT OF HOUSE BILL 141 AND SENATE BILL 466; EXPRESSING OPPOSITION TO SENATE BILL 980; PROVIDING FOR INSTRUCTIONS TO THE CITY CLERK; PROVIDING FOR THE ADOPTION OF REPRESENTATIONS; PROVIDING AN EFFECTIVE DATE. Staff Summary: As a charter county, Miami‐Dade imposes an additional tax on transient rental transactions, which is no greater than one percent (1%) for the purposes of tourist development. House Bill 141 and Senate Bill 466 are pending before the Florida Legislature, and if approved, they would allow the additional one percent (1%) Tourist Development Tax to be used for the issuance of bonds related to the construction, reconstruction, or renovation of a professional sports facility within the boundaries of a county or an adjacent county, under certain circumstances. In contrast to the afore‐mentioned legislation, Senate Bill 980, would allow charter counties to increase the Convention Development Tax rate on transient rental transactions from three percent (3%) to four percent (4%). However, SB 980 does not provide a mechanism for tax dollars to be extended to pay for the renovation and/or construction of sport facilities. 1515 NW 167 Street, Building 5 Suite 200 Miami Gardens, Florida 33169 The City of Miami Gardens is host to SunLife Stadium, a development that has significant regional economic impact in the South Florida area. The Stadium draws tourists from all over the world to its sporting events, and many of these tourists stay in hotels in the greater Miami‐Dade County area. Due to the fact, that SunLife contributes to the number of transient rental transactions in the region, additional revenues gained from an increase in the tax rate should not be limited to construction and renovation of county‐owned convention centers as currently proposed in SB 980. It is important to the residents and businesses in Miami Gardens that Sun Life Stadium become a state of the art facility, which is able to compete with other stadiums across the country for major sporting events. As such, having the ability to construct a canopy to cover the Stadium area and make other improvements to the Stadium would assist greatly in that effort and allow for greater usage of the facility for a variety of events and venues. In light of these facts, Councilman Oliver Gilbert, III is recommending, that the City Council lend its support to Senate Bill 466 and House Bill 141 to provide for a mechanism to assist with the modernization, construction, reconstruction, or renovation of Sun Life Stadium and oppose Senate Bill 980, which excludes revenues from being used for renovations to sporting facilities. Proposed Action: That the City Council approve the attached resolution supporting SB 466 and HB 141 and opposing SB 980 sponsored by Senator Bennett. Attachment: Attachment A: House and Senate Bills