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RESOLUTION URGING THE FLORIDA LEGISLATURE TO PROVIDE FUNDING FOR SKYRISE MIAMI

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WHEREAS, Skyrise Miami will be an iconic landmark for Miami as a 21st Century Global City; and
WHEREAS, Skyrise Miami will be a $430 million project, and will be the largest tourist entertainment venue in South Florida attracting 3.2 million visitors annually; and
WHEREAS, Skyrise Miami will be the fifth largest tourist destination in the State of Florida and the tallest building in the State of Florida; and
WHEREAS, Skyrise Miami will be a top 20 private employer in Miami-Dade County, which promises to:
� Create 17,000 jobs in Miami-Dade County annually upon opening in 2017;
� Create over $1.3 billion in annual economic benefit;
� Create annual local tax revenues of $16.7 million during construction plus $57.3 million during operation;
� Create over $80 million in additional annual tax revenues; and
� Create over $18.4 million in annual sales tax revenues, $900 million during the lease term; and
WHEREAS, shovel-ready work will begin on Skyrise Miami in late Spring 2014; and
WHEREAS, Skyrise Miami will be a public asset that will be built on land owned by the City of Miami, that reverts to the City of Miami at the end of the lease and that is designed to last generations; and
WHEREAS, Skyrise Miami will receive significant local support from Miami Downtown Development Authority, Greater Miami Chamber of Commerce, Greater Miami Convention & Visitors Bureau and the Beacon Counsel; and
WHEREAS, this Board would like to urge the Florida Legislature to make a state funding investment in Skyrise Miami, and on January 29, 2014, this Board identified seeking state funding for Skyrise Miami as one of the County�s critical priorities for the 2014 session,
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA, that this Board:
Section 1. Urges the Florida Legislature to provide funding for Skyrise Miami.
Section 2. Directs the Clerk of this Board to send a certified copy of this resolution to the Governor, Senate President, House Speaker and the Chair and Members of the Miami-Dade State Legislative Delegation.
Section 3. Directs the County's state lobbyists to advocate for the appropriation set forth in Section 1 above, and authorizes and directs the Office of Intergovernmental Affairs to amend the 2014 state legislative package to include this item.