TITLE
RESOLUTION AMENDING ADMINISTRATIVE RULES GOVERNING ECONOMIC DEVELOPMENT PROJECT NO. 124 OF THE BUILDING BETTER COMMUNITIES GENERAL OBLIGATION BOND PROGRAM TO BE APPLIED TO ALL NEW APPLICATIONS FOR FUNDING

BODY
WHEREAS, Appendix A to Resolution No. R-914-04 (�Public Infrastructure Resolution�) lists projects eligible for funding from the Building Better Communities General Obligation Bond Program (�Bond Program�) by project number, municipal project location, Commission district, project description, street address, and project funding allocation; and
WHEREAS, two of the projects listed in Appendix A to the Public Infrastructure Resolution and approved by the voters for funding include Project No. 124-Economic Development Fund (�Project 124�) with a project description that states �Provide infrastructure improvements to spur economic development and attract new businesses to the community in order to create jobs� and a maximum allocation amount of $75 million for eligible (meets the legal requirements of the ballot question) public infrastructure projects (�Project 124 Fund�); and
WHEREAS, in order to have a positive economic impact on job creation and to foster public infrastructure projects that will meet the needs of the County as well as local communities, it is the desire of this Board that the Bond Program�s Administrative Rules for the Project 124 Fund (�Administrative Rules�) be amended to provide additional criteria to be applied by the County Mayor or designee when evaluating new applications for Project 124 grants,
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA that:

Section 1. The foregoing recitals are approved and incorporated in this Resolution.
Section 2. The Administrative Rules are amended to add the following at the end of Article II, Section 4.A.1. � �Eligibility Requirements for Projects�:
* Does the project improve infrastructure for a greater area of impact that can advance economic development substantially beyond the project footprint?
* Is the project a target industry identified in the May 2012 One Community One Goal Strategic Report or identified by the Beacon Council, from time to time?
* Does it advance green technology or energy green industry?
* Does it enhance or advance transit-oriented development?
* Would the project be vulnerable to sea level rise that would require adaptation strategies and if so, would it contribute to any overall sea level rise adaptation goals established by the County?
Section 3. The County Mayor or designee shall apply the criteria in the amended Administrative Rules as described in Section 2 above to all new applications received by the County for Project 124 funding and shall report his findings to the Board when a new project is considered by the Board for an allocation from the Project 124 Fund.