Legislative Matter

Miami-Dade Legislative Item
File Number: 092108

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Clerk's Official Copy

File Number: 092108

File Type: Resolution

Status: Adopted

Version: 0

Reference: R-1002-09

Control: Board of County Commissioners

File Name: RENEGOTIATE LEASES TO ACHIEVE SAVINGS

Introduced: 7/8/2009

Requester: NONE

Cost:

Final Action: 7/21/2009

Agenda Date: 7/21/2009

Agenda Item Number: 14A33

Notes:

Title:

RESOLUTION DIRECTING THE MAYOR OR DESIGNEE TO EVALUATE THE COST OF CURRENT LEASE CONTRACTS AND CURRENT MARKET VALUE AND TO THE EXTENT POSSIBLE RENEGOTIATE LEASES TO ACHIEVE SAVINGS

Indexes:

LEASES

Sponsors:	Jose "Pepe" Diaz, Prime Sponsor
	Carlos A. Gimenez, Co-Sponsor

Sunset Provision: No

Effective Date:

Expiration Date:

Registered Lobbyist:

None Listed

Legislative History
Acting Body	Date	Agenda Item	Action	Sent To	Due Date	Returned	Pass/Fail

Board of County Commissioners	7/21/2009	14A33	Adopted				P

County Manager	7/16/2009		Additions		7/21/2009

Health, Public Safety & Intergovernmental Cmte	7/16/2009	2A	Forwarded with a favorable recommendation				P
REPORT:	Assistant County Attorney Gerald Sanchez read the foregoing proposed resolution into the record. There being no questions or comments, the Committee proceeded to vote on the foregoing proposed resolution.

County Attorney	7/8/2009		Referred	Health, Public Safety & Intergovernmental Cmte	7/16/2009

County Attorney	7/8/2009		Assigned	Jess M. McCarty

Legislative Text

TITLE
RESOLUTION DIRECTING THE MAYOR OR DESIGNEE TO EVALUATE THE COST OF CURRENT LEASE CONTRACTS AND CURRENT MARKET VALUE AND TO THE EXTENT POSSIBLE RENEGOTIATE LEASES TO ACHIEVE SAVINGS

BODY

WHEREAS, the June 1 property tax roll estimate indicated that the taxable value of all four taxing jurisdictions governed by the Board of County Commissioners decreased by approximately 9 percent; and
WHEREAS, last year, the County faced a $200 million budget gap in the general fund for the second consecutive year; and
WHEREAS, the Administration has indicated that the County may face a budgetary gap in property tax subsidized operations of $350 million to $400 million for fiscal year 2009-10; and
WHEREAS, in light of these budget reductions, the County must look for savings wherever we can find them; and
WHEREAS, reductions in land values have led to lower property tax revenues, and such reductions in land values may also lead to lower lease rates; and
WHEREAS, the Administration should make every effort to reduce County expenses,
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA, that this Board directs the Mayor or Designee to evaluate the cost of current lease contracts and current market value, and to the maximum extent possible, renegotiate leases to achieve savings where the language in leases provides a basis for possible renegotiation of terms, and provide a report to the Board within sixty (60) days of the effective date of this resolution.