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RESOLUTION ESTABLISHING COUNTY POLICY THAT ANY LEGALLY-TRANSFERRABLE REVENUES FROM CONTRACT NO. RFP-00133 FOR THE DEVELOPMENT OF THE DOUGLAS ROAD METRORAIL STATION AND FROM THE LEASE AND DEVELOPMENT AGREEMENT OF THE SOUTH MIAMI METRORAIL STATION, AS AMENDED PURSUANT TO RESOLUTION NO. R-943-15, AS MAY BE AMENDED OR ASSIGNED FROM TIME TO TIME, BE TRANSFERRED FOR THE DEVELOPMENT AND CONSTRUCTION OF THE STRATEGIC MIAMI AREA RAPID TRANSIT PLAN; DIRECTING THE COUNTY MAYOR OR COUNTY MAYOR�S DESIGNEE TO PREPARE ANY DOCUMENTATION REQUIRED TO INCLUDE SAID POLICY IN UPCOMING PROPOSED FISCAL YEAR BUDGETS

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WHEREAS, Section 2-1795 of the Code of Miami-Dade County requires the County Mayor to submit a proposed budget for approval by the Board of County Commissioners in a line-item format with schedules for specific expenditures; and
WHEREAS, the County awarded a long term lease to Adler 13th Floor Douglas Station, LP for the development of the Douglas Road Metrorail Station; and
WHEREAS, the County also entered into a long term lease and development agreement of the South Miami Metrorail Station, as was amended pursuant to Resolution No. R-943-15; and
WHEREAS, the Strategic Miami Area Rapid Transit (�SMART�) Plan includes the development of six rapid transit corridors throughout Miami-Dade County; and
WHEREAS, funding the development of the SMART Plan is critical to improving the chronic traffic congestion in Miami-Dade County; and
WHEREAS, applying the proceeds from the long term lease to the SMART Plan will help fund the expansion of Miami-Dade County�s transit system as well as show the federal and state governments the County�s commitment to the SMART Plan,
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA, that:
Section 1. Approves the foregoing recitals, which are incorporated herein by reference.
Section 2. This Board establishes as a County policy that any legally-transferrable revenues from Contract No. RFP-00133 for the development of the Douglas Road Metrorail Station and from the lease and development agreement of the South Miami Metrorail Station, as amended pursuant to Resolution No. R-943-15, as may be amended or assigned from time to time, be transferred for the development and construction of the SMART Plan.
Section 3. This Board directs the County Mayor or County Mayor�s designee to prepare any documentation required to include said policy in upcoming proposed budgets submitted to this Board for approval until the development and construction of the SMART Plan is completed.