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03 Y <br /> sost4Y ,siF City Commission <br /> s City of Sunny Isles Beach David Santana,Mayor <br /> '°.4" *m 17070 Collins Avenue, Suite 250 Norman S.Edekup,Vice Mayor <br /> j � Sunny Isles Beach,Florida 33160Danny <br /> Gerry Goodman,Commissioner <br /> P; -, Lila Kauffman,Commluioner <br /> *. X305) 947-0606 City Hall <br /> rChristopher J.Russo,City Manager <br /> ,o (305) 949-3113 Fax Attorneyannheimer,City <br /> "oo (305) 947-2150 Building Department <br /> Lynn LneDHines, Acting Cty Clerk <br /> ° t <br /> °` SU )305) 949-5107 Fax <br /> MEMORANDUM <br /> To: The Honorable Mayor and Gty‘commission <br /> Front Jorge L.Vera,Zoning Director <br /> Date: May 6,2003 <br /> Re: Off-Street parking <br /> RECOMMENDATION <br /> It is recommended that the City Commission adopt the attached resolution providing for developers <br /> to contribute to the Off-Street Parking Trust Fund for the reduction of parking spaces <br /> REASONS <br /> Under Section 801.1.2 of the City of Sunny Isles Beach Land Development Regulations provides for <br /> a financial contribution to the City Off Street Parking Trust Fund for reduction in the number of <br /> required parking within a single development. After a study on the pricing for construction of <br /> parking garage spaces and a review of the study by the City Finance Committee, for each parking <br /> space reduction a developer shall contribution to the fund $10,000 dollars per parking space <br /> eliminated within the development. This cost shall be adjusted annually based on the consumer <br /> price index. <br />