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Reso 2006-992
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Reso 2006-992
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Last modified
7/1/2010 9:41:56 AM
Creation date
1/3/2007 4:13:08 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2006-992
Date (mm/dd/yyyy)
10/17/2006
Description
Accept Land Value/TDRs 15795 Collins Ave., OCEAN PALM MOTEL (CHI)
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<br />Government <br /> <br />Miami-Dade County is comprised of unincorporated areas, as well as 34 municipalities, the largest <br />of which is the city of Miami. <br /> <br />Miami-Dade County is governed under a modified two-tier metropolitan government. The purpose <br />of this type government was to establish one governing body for the county, and to cstablish onc <br />supply of services such as fire, police, etc, for the county. The upper tier is the County, which <br />provides broad "regional" or county functions, such as metropolitan planning, welfare, health and <br />transit services. The thirty-one municipalities represent the lower tier of government, providing a <br />varying array of services within their jurisdictional boundaries. The County also maintains lower tier <br />functions, such as the provision of municipal-type services, including police and tire, to the <br />unincorporated areas and certain municipalities on a negotiated basis. <br /> <br />The County operates under the Commission-Manager form of government. Legislative and policy- <br />making authority is vested in the elected thirteen-member Board of County Commissioners; the <br />Commission appointed County Manager is the chief administrator. Miami -Dade County has operated <br />under the metropolitan form of government since 1957, when the Home Rule Charter was passed <br />by the local electorate, Prior to Home Rule, the County had to rely on the State Legislature for the <br />enactment of its laws, <br /> <br />County governrnent had not been able to respond to the tremendous demand for municipal services <br />in this rapidly urbanizing area, which is larger than the State of Rhode Island or Delaware. The need <br />to combine services duplicated by the County and numerous cities was also clearly evident. The <br />Charter pennitted the limited County government to reorganize into a general purpose "municipal- <br />type" government capable of perfonning the full range of public functions into an area wide <br />operation. <br /> <br />Real Estate <br /> <br />At the end of2005, the Miami-Dade County Office Market contained approximately 49.27 million <br />square feet of office space. Approximately 27.1 % of this space is located in the Miami central <br />business district and adjacent Brickell Avenue and 23,4% in the rapidly growing Airport West area. <br /> <br />There was an increase in the occupancy rate of office buildings in Miami-Dade County from 89% <br />in 2004 to 91 % in 2005, Since 2002, there was an increase in occupancy from 84%, The net <br />absorption for the county was I. 74 million square feet during 2005. <br /> <br />Office rental rates in new buildings typically range from $22.50 to $34.00 per square foot. The low <br />end of the range is for office space in the suburban markets. The upper end of the range is for first <br />class office space in Downtown Miami, Brickell Avenue, Coconut Grove and Coral Gables. <br /> <br />QUINLIVAN APPRAISAL <br /> <br />IS <br />
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