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06-03-2025 City Commission Regular Meeting AgendaCITY OF AVENTURA Aventura Government Center 19200 West Country Club Drive Aventura, FL 33180 ..� V r■. e4 q CITY COMMISSION REGULAR MEETING AGENDA June 3, 2025 6:00 p.m. Aventura Government Center Commission Chambers City Commission Mayor Howard S. Weinberg, Esq. Vice Mayor Cindy Orlinsky Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland, Esq. Commissioner Paul A. Kruss City Manager Bryan Pegues City Clerk Ellisa L. Horvath, MMC City Attorneys Weiss Serota Helfman Cole & Bierman Aventura City Commission Regular Meeting Agenda June 3, 2025 CALL TO ORDER/ROLL CALL 2. PLEDGE OF ALLEGIANCE 3. AGENDA: Request for Deletions/Emergency Additions 4. COMMISSION REPORTS 5. SPECIAL PRESENTATIONS: • Proclamations • Special Recognitions Judge Roy Altman, U.S. District Court for the Southern District of Florida Community Services Advisory Board Members • Employee Service Awards — None 6. CONSENT AGENDA: Matters included under the Consent Agenda are self-explanatory and are not expected to require discussion or review. Items will be enacted by one motion. If discussion is desired by any member of the Commission, that item must be removed from the Consent Agenda and considered separately. If the public wishes to speak on a matter on the consent agenda they must inform the City Clerk prior to the start of the meeting. They will be recognized to speak prior to the approval of the consent agenda. A. APPROVAL OF MINUTES: • May 6, 2025 City Commission Regular Meeting • May 22, 2025 City Commission Special Meeting • May 22, 2025 City Commission Regular Workshop B. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, SELECTING CLEAN SPACE, LLC AND LINK HOSPITALITY CORP. FOR CUSTODIAL SERVICES PURSUANT TO RFP 2025-001; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE AGREEMENTS; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. C. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, SELECTING STAR CLEANING USA, INC. FOR STREET SWEEPING SERVICES PURSUANT TO RFQT 2025-001; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE AN AGREEMENT; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. D. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, WAIVING THE FORMAL COMPETITIVE BIDDING REQUIREMENTS AND ALLOWING FOR THE AWARD OF A CONTRACT UNDER THE SOLE SOURCE JUSTIFICATION PURSUANT TO CITY CODE SECTION 2-253(1); AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND ENTER INTO AN AGREEMENT FOR CITYWIDE TRAFFIC VIDEO MANAGEMENT SYSTEM AND MAINTENANCE IN AN AMOUNT NOT TO EXCEEED $125,000 ANNUALLY BY AND BETWEEN THE CITY OF AVENTURA AND PACKETALK, LLC; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. Page 1 of 4 Aventura City Commission Regular Meeting Agenda June 3, 2025 E. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AUTHORIZING THE CITY MANAGER TO ADOPT PROCEDURES FOR SCHOOL ZONE SPEED DETECTION HEARINGS CONSISTENT WITH SECTION 316.0083(5) AND SECTION 316.1896(14), FLORIDA STATUTES; AUTHORIZING THE CITY MANAGER TO DESIGNATE A CITY EMPLOYEE TO SERVE AS CLERK TO THE CITY HEARING OFFICER; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. F. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, APPROVING THE APPOINTMENT OF MEMBERS TO THE CITY OF AVENTURA COMMUNITY SERVICES ADVISORY BOARD FOR A TWO-YEAR TERM ENDING IN JUNE 2027; AND PROVIDING FOR AN EFFECTIVE DATE. G. A MOTION TO ACCEPT FOR FILING OF THE ANNUAL COMPREHENSIVE FINANCIAL REPORT (ACFR) FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024 AND THE LETTER DATED MAY 21, 2025 ATTACHED HERETO AS ATTACHMENT A. 7. ZONING HEARINGS — QUASI-JUDICIAL PUBLIC HEARINGS: Please be advised that the following items as indicated on the Commission agenda are zoning hearings and are quasi-judicial in nature. As such, the quasi-judicial procedures of the City shall be invoked for these items. If you wish to object or comment upon these items, please inform the Mayor when public comments are requested. An opportunity for persons to speak on these items will be made available after the applicant and staff have made their presentations on the items. All testimony, including public testimony and evidence, will be made under oath or affirmation for these quasi-judicial items. Additionally, each person who gives testimony may be subject to cross-examination. If you refuse either to be cross-examined or to be sworn, your testimony will be given its due weight. The general public will not be permitted to cross- examine witnesses, but the public may request the Commission to ask questions of staff or witnesses on their behalf. Persons representing organizations must present evidence of their authority to speak for the organization. Further details of the quasi-judicial procedures may be obtained from the Clerk. ORDINANCES — SECOND READING/PUBLIC HEARINGS: A. AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, AMENDING CHAPTER 31, "LAND DEVELOPMENT REGULATIONS" OF THE CITY CODE OF ORDINANCES BY AMENDING SECTION 31-145(e), "TOWN CENTER OFFICE PARK MIXED USE (TC4) DISTRICT", TO ALLOW MULTIFAMILY RESIDENTIAL DENSITIES WITH A MAXIMUM OF 70 DWELLING UNITS PER ACRE FOR DEVELOPMENTS THAT PROVIDE RESIDENTIAL UNITS TO THE CITY'S HERO HOUSING PROGRAM; SUBJECT TO CONDITIONAL USE APPROVAL; PROVIDING FOR SEVERABILITY; PROVIDING FOR INCLUSION IN THE CODE; AND PROVIDING FOR AN EFFECTIVE DATE. B. AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, APPROVING A SMALL SCALE AMENDMENT TO THE FUTURE LAND USE MAP OF THE CITY OF AVENTURA COMPREHENSIVE PLAN PURSUANT TO SECTION 163.3187, FLORIDA STATUTES, TO REDESIGNATE AN APPROXIMATE 3.01 ACRE TRACT OF LAND ON THE SOUTHWEST CORNER OF NE 187 STREET AND NE 28 COURT, IDENTIFIED BY FOLIO NUMBERS 28- 2203-043-0010 AND 28-2203-033-0010, FROM "BUSINESS AND OFFICE" TO "TOWN CENTER"; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; PROVIDING FOR INCLUSION IN THE COMPREHENSIVE PLAN; AND PROVIDING FOR AN EFFECTIVE DATE. Note: The Quasi -Judicial procedures of the City shall be invoked for this item. Page 2 of 4 Aventura City Commission Regular Meeting Agenda June 3, 2025 C. AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, AMENDING THE OFFICIAL ZONING MAP BY CHANGING THE ZONING DESIGNATION OF AN APPROXIMATE 3.01 ACRE TRACT OF LAND ON THE SOUTHWEST CORNER OF NE 187 STREET AND NE 28 COURT, IDENTIFIED BY FOLIO NUMBERS 28-2203-043-0010 AND 28-2203-033-0010, FROM "COMMUNITY BUSINESS DISTRICT (B2)" TO "TOWN CENTER DISTRICT (TC1)"; PROVIDING FOR SEVERABILITY; PROVIDING FOR INCLUSION IN THE CODE; AND PROVIDING FOR AN EFFECTIVE DATE. Note: The Quasi -Judicial procedures of the City shall be invoked for this item RESOLUTIONS/PUBLIC HEARINGS: D. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, GRANTING A VARIANCE FROM SECTION 31-145(B)(1)A OF THE CITY'S LAND DEVELOPMENTS REGULATIONS TO PERMIT A MIXED USE DEVELOPMENT WHERE THE RATIO OF SQUARE FEET OF RESIDENTIAL USES TO COMMERCIAL USES IS 10.58:1 WHERE A MAXIMUM RATIO OF 3:1 IS REQUIRED; AND VARIANCE FROM SECTION 31-145(B)(5)F TO PERMIT: (1) A FRONT SETBACK OF 15 FEET WHERE 25 FEET IS REQUIRED; (2) A SIDE STREET SETBACK OF 15 FEET WHERE 20 FEET IS REQUIRED; AND (3) A REAR SETBACK OF 12 FEET WHERE 20 FEET IS REQUIRED; FOR THE PROPERTY LOCATED AT 2770, 2822, 2826, 2830, 2834 AND 2850 NE 187 STREET; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. Note: The Quasi -Judicial procedures of the City shall be invoked for this item. E. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, GRANTING CONDITIONAL USE APPROVAL, PURSUANT TO SECTION 31-145(B)3 OF THE CITY CODE OF ORDINANCES: (1) TO PERMIT A DENSITY OF 69 DWELLING UNITS PER ACRE FOR A PROJECT PROVIDING HERO HOUSING, WHERE THE CITY CODE PERMITS 25; (2) TO PERMIT HEIGHTS UP TO 17 STORIES (174'), WHERE THE CITY CODE PERMITS FOUR (4) STORIES (50'); AND (3) TO PERMIT MINIMUM FLOOR AREAS OF 800 SQUARE FEET FOR ONE BEDROOM UNITS, WHERE THE MINIMUM REQUIREMENT IS 900 SQUARE FEET; FOR THE PROPERTY LOCATED AT 2770, 2822, 2826, 2830, 2834 AND 2850 NE 187 STREET; PROVIDING FOR CONDITIONS OF APPROVAL; AND PROVIDING FOR AN EFFECTIVE DATE. Note: The Quasi -Judicial procedures of the City shall be invoked for this item. F. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, GRANTING CONDITIONAL USE APPROVAL, PURSUANT TO SECTION 31-145(E)4 OF THE CITY CODE OF ORDINANCES: (1) TO PERMIT A DENSITY OF 65 DWELLING UNITS PER ACRE FOR A PROJECT PROVIDING HERO HOUSING UNITS, WHERE THE CITY CODE PERMITS 25; (2) TO PERMIT HEIGHTS UP TO 29 STORIES (311'), WHERE THE CITY CODE PERMITS 10 STORIES (100'); (3) TO PERMIT UNITS WITH FLOOR AREAS FROM 500 SQUARE FEET TO 1,250 SQUARE FEET FOR ONE TO FOUR BEDROOM UNITS, WHERE THE MINIMUM REQUIREMENTS ARE 800 SQUARE FEET TO 1,350 SQUARE FEET; AND (4) TO PERMIT 1,709 PARKING SPACES, WHERE 2,271 SPACES ARE REQUIRED BY THE CITY CODE; FOR THE PROPERTY LOCATED AT 20801-20807 BISCAYNE BOULEVARD; PROVIDING FOR CONDITIONS OF APPROVAL; AND PROVIDING FOR AN EFFECTIVE DATE. Note: The Quasi -Judicial procedures of the City shall be invoked for this item. 8. ORDINANCES — FIRST READING/PUBLIC HEARINGS: AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, AMENDING CHAPTER 48 OF THE CITY CODE OF ORDINANCES BY AMENDING SECTION 48-11 "PARKING RESTRICTIONS" AND SECTION 48-12 "RESTRICTIONS ON COMMERCIAL VEHICLES OR RECREATIONAL VEHICLES" TO MODIFY THE REGULATIONS RELATING TO Page 3 of 4 Aventura City Commission Regular Meeting Agenda June 3, 2025 COMMERCIAL VEHICLES LOADING AND UNLOADING OF VEHICLES AND OTHER MATERIALS IN RESIDENTIALLY ZONED AREAS OF THE CITY; PROVIDING FOR CONFLICT, SEVERABILITY, CODIFICATION, AND AN EFFECTIVE DATE. 9. ORDINANCES — SECOND READING/PUBLIC HEARINGS: AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE NO. 2024-18 WHICH ORDINANCE ADOPTED A BUDGET FOR THE 2024/2025 FISCAL YEAR BY REVISING THE 2024/2025 FISCAL YEAR OPERATING AND CAPITAL BUDGET AS OUTLINED IN EXHIBIT "A" ATTACHED HERETO; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS ORDINANCE; AND PROVIDING FOR AN EFFECTIVE DATE. 10. RESOLUTIONS/PUBLIC INPUT: None. 11. STAFF REPORTS 12. PUBLIC COMMENTS 13. OTHER BUSINESS: None. 14. ADJOURNMENT FUTURE MEETINGS Meeting dates, times, and location are subject to change. Please check the City's website for the most current schedule. Meetings will be held at the City of Aventura Government Center (19200 West Country Club Drive, Aventura). COMMISSION REGULAR WORKSHOP — JUNE 12, 2025 AT 9 AM COMMISSION REGULAR MEETING — JULY 1, 2025 AT 6 PM This meeting is open to the public. In accordance with the Americans with Disabilities Act of 1990, all persons who are disabled and who need special accommodations to participate in this meeting because of that disability should contact the Office of the City Clerk, (305) 466-8901 or cityclerk@cityofaventura.com, not later than two days prior to such proceedings. One or more members of the City of Aventura Advisory Boards may participate in the meeting. Anyone wishing to appeal any decision made by the Aventura City Commission with respect to any matter considered at such meeting or hearing will need a record of the proceedings and, for such purpose, may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. Agenda items are available online at cityofaventura.com for viewing and printing, or may be requested through the Office of the City Clerk at (305) 466-8901 or cityclerk@cityofaventura.com. Page 4 of 4 CITY OF AVENTURA OFFICE OF THE CITY CLERK MEMORANDUM TO: City Commission FROM: Ellisa L. Horvath, MMC, City Clerk DATE: May 30, 2025 SUBJECT: Approval of Minutes June 3, 2025 City Commission Meeting Agenda RECOMMENDATION It is recommended that the City Commission approve the attached minutes, as provided by the City Clerk, for the Commission meetings held as listed below. BACKGROUND Meetings were held and minutes have been provided for Commission approval for the following: • May 6, 2025 City Commission Regular Meeting • May 22, 2025 City Commission Special Meeting • May 22, 2025 City Commission Regular Workshop Should you have any questions, please contact me. /elh attachments a AVENTURA CITY COMMISSION REGULAR MEETING MINUTES MAY 6, 2025 6:00 p.m. Aventura Government Center 19200 W. Country Club Drive Aventura, FL 33180 1. CALL TO ORDER/ROLL CALL: The meeting was called to order by Mayor Weinberg at 6:09 p.m. The roll was called and the following were present: Mayor Howard S. Weinberg, Commissioner Clifford B. Ain, Commissioner Gustavo Blachman, Commissioner Amit Bloom, Commissioner Paul A. Kruss, Commissioner Rachel S. Friedland, Commissioner Cindy Orlinsky, City Manager Bryan Pegues, City Clerk Ellisa L. Horvath, and City Attorney Robert Meyers. As a quorum was determined to be present, the meeting commenced. 2. PLEDGE OF ALLEGIANCE: The Pledge was led by members of the United States Coast Guard and Auxiliary. 3. ANNOUNCEMENT OF VICE MAYOR: It was announced that Commissioner Cindy Orlinsky will serve as Vice Mayor for the next six months. 4. AGENDA: REQUESTS FOR DELETIONS/EMERGENCY ADDITIONS: None. 5. SPECIAL PRESENTATIONS: The following item was taken out of order: REPORTS: The following reports were provided by members of the City Commission: Mayor Weinberg wished Vice Mayor Orlinsky, Commissioner Bloom and Commissioner Friedland Happy Mother's Day, as well as all mothers to be celebrated on May 11, 2025. Commissioner Bloom reported on the recent Bring Your Kids to Work Day hosted by the Aventura Police Department on April 24, 2025, as well as the upcoming Fraud and Identity Theft Town Hall hosted by the Aventura Police Department Economic Crimes Unit on June 4, 2025. Aventura City Commission Regular Meeting Minutes May 6, 2025 Vice Mayor Orlinsky reported on The Golden Connections initiative to see Brandon Goldberg at the Aventura Cultural Center. Mayor Weinberg reported on the recent City acquirement of 3.7 acres of land to build a new school, hiring a superintendent, upcoming high school graduation, and high school senior college scholarships. Proclamations: Proclamations were presented for National Safe Boating Week (May 17-23, 2025), Municipal Clerks Week (May 4-10, 2025), Israel's Independence Day (May 1, 2025), Jewish American Heritage Month (May 2025), and Regina Greenspan Day (May 6, 2025). Special Recognitions: Certificates were presented to the following: Aventura City of Excellence School student David Furman (Miami- Dade/Monroe Division of the Miami Herald Spelling Bee 2nd Place); Aventura City of Excellence School Award Recipients Michelle Marquez (K- 5 New American Hero Award), Michele Cannon (New Educator of the Year Award), and Awilda Corcino (Excellence Award); Don Soffer Aventura High School Award Recipient Joseph Levy (New Educator of the Year Award); and Aventura Recreational Basketball League Division Champions and Coaches for 9U Girls (Team Black), 8U Boys (Team Heat), and 12U Boys (Team Knicks), as well as Head Coach Donnie Krumrie. • Employee Service Awards — None. • Citizens' Indeaendent Transaortation Trust (CITT) Presentation: Provided by Javier Betancourt, CITT Executive Director. RECESS: A motion to recess the meeting until the conclusion of the Local Planning Agency Meeting was offered by Commissioner Bloom, seconded by Commissioner Kruss, and passed unanimously by roll call vote; thus, recessing the meeting at 7:42 p.m. The meeting was reconvened at 8:14 p.m. with all members in attendance as noted for Agenda Item 1. 6. CONSENT AGENDA: There were no requests from the public to address the City Commission. A motion to approve the items on the Consent Agenda was offered by Commissioner Ain, seconded by Commissioner Bloom, and passed unanimously by roll call vote. The following action was taken: A. Minutes approved as follows: APPROVAL OF MINUTES: • April 8, 2025 City Commission Regular Meeting • April 17, 2025 City Commission Regular Workshop Page 2 of 8 Aventura City Commission Regular Meeting Minutes May 6, 2025 B. Motion approved as follows: MOTION TO RATIFY THE CITY MANAGER'S APPOINTMENT OF ALAN CHASET AS SPECIAL MASTER FOR THE CITY OF AVENTURA CODE ENFORCEMENT PROCESS. C. Resolution No. 2025-29 adopted as follows: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AWARDING CONTRACTS TO PIF CONSTRUCTION GROUP, INC. AND MARLIN PLUMBING OF MIAMI, INC. FOR PLUMBING SERVICES; AUTHORIZING THE CITY MANAGER TO EXECUTE THE CONTRACTS; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. D. Resolution No. 2025-30 adopted as follows: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING RESOLUTION NO. 96-18 WHICH ESTABLISHED COMMISSION MEETING AND AGENDA PROCEDURES, AS AMENDED BY RESOLUTION NO. 2000-36, RESOLUTION NO. 2001-26 AND RESOLUTION NO. 2005-15 PERTAINING TO THE ORDER OF AGENDA ITEMS; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. 7. ZONING HEARINGS — QUASI-JUDICIAL PUBLIC HEARINGS: Mr. Meyers reviewed the quasi-judicial procedures for Items 7A, 7C, & 7D and Mrs. Horvath administered the oath to all those wishing to offer testimony on the items. Ex parte communications were disclosed by the following members of the City Commission for items 7C and 7D (as items 4B and 4C at the Local Planning Agency Meeting) through the viewing of conceptual drawings prior to the City Commission Workshop noting that such viewing did not influence a decision: Mayor Weinberg, Commissioner Bloom, and Commissioner Friedland. No additional disclosures of ex parte communications were provided by members of the City Commission. RESOLUTION: Mrs. Horvath read the following Resolution title: A. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, GRANTING A VARIANCE FROM SECTION 31-171(B)(12)A.1 OF THE CITY'S LAND DEVELOPMENT REGULATIONS TO PERMIT 680 PARKING SPACES WHERE 739 ARE REQUIRED FOR THE EXISTING DEVELOPMENT LOCATED AT 19101 BISCAYNE BOULEVARD; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. Note: The Quasi -Judicial procedures of the City shall be invoked for this item. A motion to approve the Resolution was offered by Vice Mayor Orlinsky and seconded by Commissioner Kruss. Community Development Director Keven Klopp entered the staff report into the record, which recommended approval, and reviewed the item. The testimony as provided at the Page 3 of 8 Aventura City Commission Regular Meeting Minutes May 6, 2025 May 6, 2025 Local Planning Agency Meeting was incorporated into the record by reference. No comments were provided on behalf of the applicant (Equity One Florida Portfolio LLC Regency Center LP). Mayor Weinberg opened the public hearing. There being no speakers, the public hearing was closed. No comments were provided by the City Commission. The motion to approve the Resolution passed unanimously by roll call vote; thus becoming Resolution No. 2025-31. ORDINANCES — FIRST READING/PUBLIC HEARINGS: Mrs. Horvath read the following Ordinance title: B. AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, AMENDING CHAPTER 31, "LAND DEVELOPMENT REGULATIONS" OF THE CITY CODE OF ORDINANCES BY AMENDING SECTION 31-145(e), "TOWN CENTER OFFICE PARK MIXED USE (TC4) DISTRICT", TO ALLOW MULTIFAMILY RESIDENTIAL DENSITIES WITH A MAXIMUM OF 70 DWELLING UNITS PER ACRE FOR DEVELOPMENTS THAT PROVIDE RESIDENTIAL UNITS TO THE CITY'S HERO HOUSING PROGRAM; SUBJECT TO CONDITIONAL USE APPROVAL; PROVIDING FOR SEVERABILITY; PROVIDING FOR INCLUSION IN THE CODE; AND PROVIDING FOR AN EFFECTIVE DATE. A motion to approve the Ordinance was offered by Commissioner Bloom and seconded by Commissioner Ain. Community Development Director Keven Klopp entered the staff report into the record, which recommended approval, and reviewed the item. The item was reviewed at the May 6, 2025 Local Planning Agency Meeting. No comments were provided on behalf of the applicant (Michael J. Marrero c/o Bercow Radell Fernandez Larkin & Tapanes on behalf of Aventura Property Owner LLC). Mayor Weinberg opened the public hearing. There being no speakers, the public hearing was closed. No comments were provided by the City Commission. The motion to approve the Ordinance on first reading passed unanimously by roll call vote. Mrs. Horvath read the following Ordinance title: C. AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, APPROVING A SMALL SCALE AMENDMENT TO THE FUTURE LAND USE MAP OF THE CITY OF AVENTURA Page 4 of 8 Aventura City Commission Regular Meeting Minutes May 6, 2025 COMPREHENSIVE PLAN PURSUANT TO SECTION 163.3187, FLORIDA STATUTES, TO REDESIGNATE AN APPROXIMATE 3.01 ACRE TRACT OF LAND ON THE SOUTHWEST CORNER OF NE 187 STREET AND NE 28 COURT, IDENTIFIED BY FOLIO NUMBERS 28- 2203-043-0010 AND 28-2203-033-0010, FROM "BUSINESS AND OFFICE" TO "TOWN CENTER"; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; PROVIDING FOR INCLUSION IN THE COMPREHENSIVE PLAN; AND PROVIDING FOR AN EFFECTIVE DATE. Note: The Quasi -Judicial procedures of the City shall be invoked for this item. Commissioner Kruss announced that due to the property being owned by the same entity that owns the property for his business with the proposed project also being located next to his business and in order to avoid any appearance of conflict he would be recusing himself from voting on the item and left the meeting.' A motion to approve the Ordinance was offered by Commissioner Bloom and seconded by Commissioner Blachman. Community Development Director Keven Klopp entered the staff report into the record, which recommended approval, and reviewed the item. The testimony as provided at the May 6, 2025 Local Planning Agency Meeting was incorporated into the record by reference. No comments were provided on behalf of the applicant (Michael J. Marrero c/o Bercow Radell Fernandez Larkin & Tapanes on behalf of Miami Off Center Associates LLP). Mayor Weinberg opened the public hearing. There being no speakers, the public hearing was closed. No comments were provided by the City Commission. The motion to approve the Ordinance on first reading passed (5-1) by roll call vote, with Commissioner Ain voting no and Commissioner Kruss absent due to recusal. Mrs. Horvath read the following Ordinance title: D. AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, AMENDING THE OFFICIAL ZONING MAP BY CHANGING THE ZONING DESIGNATION OF AN APPROXIMATE 3.01 ACRE TRACT OF LAND ON THE SOUTHWEST CORNER OF NE 187 STREET AND NE 28 COURT, IDENTIFIED BY FOLIO NUMBERS 28-2203-043-0010 AND 28-2203-033-0010, FROM "COMMUNITY BUSINESS DISTRICT (B2)" TO "TOWN CENTER DISTRICT (TC1)"; PROVIDING FOR SEVERABILITY; PROVIDING FOR INCLUSION IN THE CODE; AND PROVIDING FOR AN EFFECTIVE DATE. Note: The Quasi -Judicial procedures of the City shall be invoked for this item Commissioner Kruss announced that due to the property being owned by the same entity that owns the property for his business with the proposed project also being located next to his business and in order to avoid any appearance of conflict he would be recusing himself from voting on the item and left the meeting.2 ' The Memorandum of Voting Conflict (Form 8B) for Commissioner Kruss is attached to the minutes as required. 2 The Memorandum of Voting Conflict (Form 8B) for Commissioner Kruss is attached to the minutes as required. Page 5 of 8 Aventura City Commission Regular Meeting Minutes May 6, 2025 A motion to approve the Ordinance was offered by Commissioner Blachman and seconded by Commissioner Bloom. Community Development Director Keven Klopp entered the staff report into the record, which recommended approval, and reviewed the item. The testimony as provided at the May 6, 2025 Local Planning Agency Meeting was incorporated into the record by reference. No comments were provided on behalf of the applicant (Michael J. Marrero c/o Bercow Radell Fernandez Larkin & Tapanes on behalf of Miami Off Center Associates LLP). Mayor Weinberg opened the public hearing. There being no speakers, the public hearing was closed. No comments were provided by the City Commission. The motion to approve the Ordinance on first reading passed (5-1) by roll call vote, with Commissioner Ain voting no and Commissioner Kruss absent due to recusal. 8. ORDINANCES — FIRST READING/PUBLIC HEARINGS: Mrs. Horvath read the following Ordinance title: AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE NO. 2024-18 WHICH ORDINANCE ADOPTED A BUDGET FOR THE 2024/2025 FISCAL YEAR BY REVISING THE 2024/2025 FISCAL YEAR OPERATING AND CAPITAL BUDGET AS OUTLINED IN EXHIBIT "A" ATTACHED HERETO; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS ORDINANCE; AND PROVIDING FOR AN EFFECTIVE DATE. A motion to approve the Ordinance was offered by Commissioner Kruss and seconded by Commissioner Ain. Mr. Pegues reviewed the item and recommended approval. Mayor Weinberg opened the public hearing. There being no speakers, the public hearing was closed. The City Commission commended the work by the Finance Department. The motion to approve the Ordinance on first reading passed unanimously by roll call vote. 9. ORDINANCES — SECOND READING/PUBLIC HEARINGS: Mrs. Horvath read the following Ordinance title: AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING SECTION 48-46 OF THE CITY'S CODE OF ORDINANCES TO AUTHORIZE THE PLACEMENT, INSTALLATION, AND OPERATION OF SPEED DETECTION SYSTEMS AT Page 6 of 8 Aventura City Commission Regular Meeting Minutes May 6, 2025 THE TURNBERRY JEWISH CENTER AND TAUBER ACADEMY SCHOOL ZONE; PROVIDING FOR CONFLICTS, SEVERABILITY, CODIFICATION, AND AN EFFECTIVE DATE. A motion to approve the Ordinance was offered by Commissioner Ain and seconded by Commissioner Kruss. Mr. Pegues reviewed the item and recommended approval. Mayor Weinberg opened the public hearing. There being no speakers, the public hearing was closed. No comments were provided by the City Commission. The motion to approve the Ordinance on second reading passed unanimously by roll call vote; thus becoming Ordinance No. 2025-06. 10. RESOLUTION/PUBLIC INPUT: Mrs. Horvath read the following Resolution title: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, RELATING TO THE PROVISION OF A STORMWATER MANAGEMENT SYSTEM WITHIN THE CITY; DECLARING THE IMPOSITION OF A STORMWATER UTILITY FEE; ESTABLISHING THE METHOD BY WHICH THE PROPOSED STORMWATER UTILITY FEE SHALL BE CALCULATED; DESIGNATING THE LANDS UPON WHICH THE STORMWATER UTILITY FEE SHALL BE LEVIED; STATING THE ESTIMATED COST OF PROVIDING AND MAINTAINING THE STORMWATER UTILITY, THE INITIAL RATE AND THE MAXIMUM RATE FOR THE PROVISION OF THE STORMWATER MANAGEMENT SYSTEM; DIRECTING THE PREPARATION OF A PRELIMINARY ASSESSMENT ROLL; ESTABLISHING A PUBLIC HEARING TO CONSIDER IMPOSITION OF THE PROPOSED STORMWATER UTILITY FEE AND THE RATES TO BE IMPOSED AND THE METHOD OF THEIR COLLECTION AND DIRECTING THE PROVISION OF NOTICE THEREOF; PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE. A motion to approve the Resolution was offered by Commissioner Kruss and seconded by Commissioner Bloom. Mr. Pegues reviewed the item and recommended approval. Mayor Weinberg opened the public hearing. There being no speakers, the public hearing was closed. The City Commission discussed the item including the following: millage rate staying the same, provided as a separate line item, allowing for an easier collection process, and increased savings. The motion to approve the Resolution passed unanimously by roll call vote; thus becoming Resolution No. 2025-32. 11. REPORTS: Reports from members of the City Commission were provided at the beginning of the meeting. No additional reports were provided. Page 7 of 8 Aventura City Commission Regular Meeting Minutes May 6, 2025 12. PUBLIC COMMENTS: No members of the public provided comments. 13. OTHER BUSINESS: None. 14. ADJOURNMENT: There being no further business to come before the Commission, a motion to adjourn was offered by Commissioner Ain, seconded by Commissioner Bloom, and unanimously approved; thus, adjourning the meeting at 8.33 p.m. Ellisa L. Horvath, MMC, City Clerk Approved by the City Commission on June 3, 2025. Page 8 of 8 FORM 8B MEMORANDUM OF VOTING CONFLICT FOR COUNTY, MUNICIPAL, AND OTHER LOCAL PUBLIC OFFICERS LAST NAME —FIRST NAME —MIDDLE NAME NAME OF BOARD, COUNCIL, COMMISSION, AUTHORITY, OR COMMITTEE Kruss, Paul A. City of Aventura City Commission MAILING ADDRESS 19200 W. Country Club Drive THE BOARD, COUNCIL, COMMISSION, AUTHORITY OR COMMITTEE ON WHICH I SERVE IS A UNIT OR XCITY ❑ COUNTY ❑ OTHER LOCALAGENCY CITY COUNTY NAME OF POLITICAL SUBDIVISION: Aventura Miami -Dade Aventura DATE ON WHICH VOTE OCCURRED May 6, 2025 MY POSITION IS: XELECTIVE ❑ APPOINTIVE WHO MUST FILE FORM 813 This form is for use by any person serving at the county, city, or other local level of government on an appointed or elected board, council, commission, authority, or committee. It applies to members of advisory and non -advisory bodies who are presented with a voting conflict of interest under Section 112.3143, Florida Statutes. Your responsibilities under the law when faced with voting on a measure in which you have a conflict of interest will vary greatly depending on whether you hold an elective or appointive position. For this reason, please pay close attention to the instructions on this form before completing and filing the form. INSTRUCTIONS FOR COMPLIANCE WITH SECTION 112.3143, FLORIDA STATUTES A person holding elective or appointive county, municipal, or other local public office MUST ABSTAIN from voting on a measure which would inure to his or her special private gain or loss. Each elected or appointed local officer also MUST ABSTAIN from knowingly voting on a measure which would inure to the special gain or loss of a principal (other than a government agency) by whom he or she is retained (including the parent, subsidiary, or sibling organization of a principal by which he or she is retained); to the special private gain or loss of a relative; or to the special private gain or loss of a business associate. Commissioners of community redevelopment agencies (CRAs) under Sec. 163.356 or 163.357, F.S., and officers of independent special tax districts elected on a one -acre, one -vote basis are not prohibited from voting in that capacity. For purposes of this law, a "relative" includes only the officer's father, mother, son, daughter, husband, wife, brother, sister, father-in-law, mother-in-law, son-in-law, and daughter-in-law. A "business associate" means any person or entity engaged in or carrying on a business enterprise with the officer as a partner, joint venturer, coowner of property, or corporate shareholder (where the shares of the corporation are not listed on any national or regional stock exchange). ELECTED OFFICERS: In addition to abstaining from voting in the situations described above, you must disclose the conflict: PRIOR TO THE VOTE BEING TAKEN by publicly stating to the assembly the nature of your interest in the measure on which you are abstaining from voting; and WITHIN 15 DAYS AFTER THE VOTE OCCURS by completing and filing this form with the person responsible for recording the minutes of the meeting, who should incorporate the form in the minutes. APPOINTED OFFICERS: Although you must abstain from voting in the situations described above, you are not prohibited by Section 112.3143 from otherwise participating in these matters. However, you must disclose the nature of the conflict before making any attempt to influence the decision, whether orally or in writing and whether made by you or at your direction. IF YOU INTEND TO MAKE ANY ATTEMPT TO INFLUENCE THE DECISION PRIOR TO THE MEETING AT WHICH THE VOTE WILL BE TAKEN: • You must complete and file this form (before making any attempt to influence the decision) with the person responsible for recording the minutes of the meeting, who will incorporate the form in the minutes. (Continued on page 2) CE FORM 86 - EFF. 11/2013 PAGE 1 Adopted by reference in Rule 34-7.010(1)(f), F.A.C. APPOINTED OFFICERS (continued) • A copy of the form must be provided immediately to the other members of the agency. • The form must be read publicly at the next meeting after the form is filed. IF YOU MAKE NO ATTEMPT TO INFLUENCE THE DECISION EXCEPT BY DISCUSSION AT THE MEETING: • You must disclose orally the nature of your conflict in the measure before participating. • You must complete the form and file it within 15 days after the vote occurs with the person responsible for recording the minutes of the meeting, who must incorporate the form in the minutes. A copy of the form must be provided immediately to the other members of the agency, and the form must be read publicly at the next meeting after the form is filed. DISCLOSURE OF LOCAL OFFICER'S INTEREST I, Paul A. Kruss, hereby disclose that on May 6, 2025: (a) A measure came or will come before my agency which (check one or more) X inured to my special private gain or loss (no actual conflict but an appearance of one); inured to the special gain or loss of my business associate, ; inured to the special gain or loss of my relative, ; inured to the special gain or loss of by whom I am retained; or inured to the special gain or loss of which is the parent subsidiary, or sibling organization or subsidiary of a principal which has retained me. (b) The measure before my agency and the nature of my conflicting interest in the measure is as follows: On the May 6, 2025 Local Planning Agency (LPA) agenda (items 4c and 4d) and later that evening on the City Commission (Commission agenda (items 7c and 7d) were two matters that came before the LPA and Commission from an applicant who owns property adjacent to my restaurant (Mo's Bagels). Furthermore, the applicant owns the land where my restaurant sits. One of the items was to change the designation of the applicant's adjacent property and the second item was to approve the rezoning of the applicant's property. Although it i remote and speculative as to whether actions taken by the LPA and Commission would result in a special financial benefit to my business or me, I determined out of an abundance of caution to declare a voting conflict with respect to these items. After disclosing what I believe to be a perception of a voting conflict, I left the chambers and did not vote on the items when they were heard at the LPA meeting and the Commission meeting. If disclosure of specific information would violate confidentiality or privilege pursuant to law or rules governing attorneys, a public officer, who is also an attorney, may comply with the disclosure requirements of this section by disclosing the nature of the interest in such a way as to provide the public with notice of the conflict. Date Filed Signature NOTICE: UNDER PROVISIONS OF FLORIDA STATUTES §112.317, A FAILURE TO MAKE ANY REQUIRED DISCLOSURE CONSTITUTES GROUNDS FOR AND MAY BE PUNISHED BY ONE OR MORE OF THE FOLLOWING: IMPEACHMENT, REMOVAL OR SUSPENSION FROM OFFICE OR EMPLOYMENT, DEMOTION, REDUCTION IN SALARY, REPRIMAND, OR A CIVIL PENALTY NOT TO EXCEED $10,000. CE FORM 813 - EFF. 11/2013 PAGE 2 Adopted by reference in Rule 34-7.010(1)(f), F.A.C. a AVENTURA CITY COMMISSION SPECIAL MEETING MINUTES MAY 22, 2025 9:00 a.m. Aventura Government Center 19200 W. Country Club Drive Aventura, FL 33180 1. CALL TO ORDER/ROLL CALL: The meeting was called to order by Mayor Weinberg at 9:45 a.m. The roll was called and the following were present: Mayor Howard S. Weinberg, Vice Mayor Cindy Orlinsky, Commissioner Clifford B. Ain, Commissioner Gustavo Blachman, Commissioner Amit Bloom, Commissioner Paul A. Kruss, Commissioner Rachel S. Friedland', City Manager Bryan Pegues, City Clerk Ellisa L. Horvath, and City Attorney Robert Meyers. As a quorum was determined to be present, the meeting commenced. 2. PLEDGE OF ALLEGIANCE: The Pledge was done at the Aventura Governing Board Meeting. 3. RESOLUTIONS/PUBLIC INPUT: Mrs. Horvath read the following Resolution title: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AUTHORIZING THE CITY MANAGER TO APPLY FOR A MATCHING FLORIDA DEPARTMENT OF TRANSPORTATION (FDOT) PUBLIC TRANSIT SERVICE DEVELOPMENT PROGRAM GRANT IN THE AMOUNT OF $877,316 TO EXPAND THE CITY'S ON -DEMAND TRANSIT SERVICE; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. A motion to approve the Resolution was offered by Commissioner Bloom and seconded by Vice Mayor Orlinsky. Mr. Pegues reviewed the item and recommended approval. Mayor Weinberg opened the public hearing. There being no speakers, the public hearing was closed. ' Participated via Zoom. Aventura City Commission Special Meeting Minutes May 22, 2025 No comments were provided by the City Commission. The motion to approve the Resolution passed unanimously by roll call vote; thus, becoming Resolution No. 2025-33. Mrs. Horvath read the following Resolution title: B. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AUTHORIZING THE CITY MANAGER TO APPLY FOR A MATCHING FLORIDA DEPARTMENT OF TRANSPORTATION (FDOT) PUBLIC TRANSIT SERVICE DEVELOPMENT PROGRAM GRANT IN THE AMOUNT OF $145,000 TO SUPPORT A ONE- YEAR AUTONOMOUS SHUTTLE PILOT PROGRAM; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. A motion to approve the Resolution was offered by Commissioner Blachman and seconded by Commissioner Ain. Mr. Pegues reviewed the item and recommended approval noting that Aventura would be one of the first cities. Mayor Weinberg opened the public hearing. There being no speakers, the public hearing was closed. The City Commission discussed the item including the concept of staying ahead of the curve. The motion to approve the Resolution passed unanimously by roll call vote; thus, becoming Resolution No. 2025-34. 4. ADJOURNMENT: There being no further business to come before the Commission, a motion to adjourn was offered by Vice Mayor Orlinsky, seconded by Commissioner Kruss, and unanimously approved; thus, adjourning the meeting at 9:48 a.m. Ellisa L. Horvath, MMC, City Clerk Approved by the City Commission on June 3, 2025. Page 2 of 2 AVENTURA CITY COMMISSION REGULAR WORKSHOP MINUTES MAY 22, 2025 9:00 a.m. Aventura Government Center 19200 W. Country Club Drive Aventura, FL 33180 1. Call to Order/Roll Call: The meeting was called to order by Mayor Weinberg at 9:49 a.m. The following were present: Mayor Howard S. Weinberg, Vice Mayor Cindy Orlinsky, Commissioner Clifford B. Ain, Commissioner Gustavo Blachman, Commissioner Amit Bloom, Commissioner Rachel S. Friedland', Commissioner Paul A. Kruss, City Manager Bryan Pegues, City Clerk Ellisa L. Horvath, and City Attorney Robert Meyers. As a quorum was determined to be present, the meeting commenced. 2. Pledge of Allegiance: The Pledge was done at the Governing Board Meeting. 3. Proposed Uptown Aventura Development (City Manager): Mr. Pegues and Community Development Director Keven Klopp briefly introduced the item for a mixed use project located at NE 2141h Street. Brian Adler, Esq. (Bilzin Sumberg Baena Price & Axelrod LLP - 1450 Brickell Avenue, Suite 2300, Miami, FL 33131) accompanied by Daniel Kodski, Urban Planner/Architect (Chief Executive Officer - Royal Palm Companies) and John McWilliams, P.E. (Senior Vice President - Kimley Horn) provided information on the proposed new design for Uptown Aventura Development including the following: site area map, ground floor plan, unit floor plan including parking structure, public open space plan, massing study, renderings, traffic study, proposed improvement alternative 1, and proposed improvement alternative 2. Additional items discussed included rideshare Freebee drop- off, number of residential units, number of hotel units, road improvements, HERO Housing units, contributions to the schools and open space green area. The City Commission discussed the item including the following items: parking, traffic crossings, unit sizes, target market, hotels, construction time line, activities/amenities, and the possibility of a public/private partnership with the City for items on the building rooftops for residents. ' Participated via Zoom. Aventura City Commission Regular Workshop Minutes — May 22, 2025 City Manager Summary: It was the consensus of the City Commission for the item to move forward. 4. Legislative Update (City Attorney): Mr. Meyers distributed and reviewed the 2025 Enrolled Bills of Interest (SB 180, SB 1080, and SB 268), as well as the Florida League of Cities Summary of 2025 Live Local Act (CS/CS/SB 1730). He will keep the Commission updated on whether or not certain bills passed affecting Aventura. Mr. Klopp provided information on the Live Local amendment bill being proposed. The City Commission provided comments including a request for the City's lobbyist to provide a report on what was done for Aventura on each item that was part of the City's legislative priorities. The following members of the public provided comments: former Commissioner Luz Weinberg. City Manager Summary: This item was provided for informational purposes. 5. Car Carrier Ordinance (City Attorney): Mr. Meyers distributed and reviewed a proposed ordinance. The City Commission discussed the item. Mr. Pegues provided areas that could be designated for unloading areas. City Manager Summary: It was the consensus of the City Commission for the proposed ordinance to be provided on the June 3rd Commission Meeting Agenda for first reading. 6. Discussion of Appointment of Community Services Advisory Board Members (City Manager): Mr. Pegues provided an update on the item and his recommendation to replace two of the current board members with Joseph Lekach and Rocio Lopez Varela. The City Commission discussed the item. City Manager Summary: It was the consensus of the City Commission for a proposed resolution to be provided on the June 3rd Commission Meeting Agenda to appoint the recommended members. The following additional items were discussed: Mr. Meyers reminded the Commission members regarding the filing of Form 1 by July 1, 2025 with the State Ethics Commission. He will provide information at the June Commission Workshop on completion of the form. Page 2 of 3 Aventura City Commission Regular Workshop Minutes — May 22, 2025 Commissioner Ain expressed his desire to share comments on a project from the May Commission Meeting Agenda and on the upcoming June Commission Meeting Agenda. After being informed that the item was quasi-judicial, Commissioner Ain withdrew his request. Mr. Pegues reviewed tentative dates for the City's budget hearings. Consensus was provided to schedule the meetings for September 2, 2025 at 6.00 p.m. (First Budget Hearing) and September 9, 2025 at 5.01 p.m. (Second Budget Hearing). 7. Adjournment: There being no further business to come before the City Commission, the meeting was adjourned by consensus at 11.41 a.m. Ellisa L. Horvath, MMC, City Clerk Approved by the City Commission on June 3, 2025. Page 3 of 3 CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Bryan Pegues, City Manager , DATE: May 30, 2025 SUBJECT: Approval of Request for Proposal No. 2025-001 - Custodial Services June 3, 2025 City Commission Meeting Agenda RECOMMENDATION It is recommended that the City Commission authorize the City Manager to negotiate and enter into agreements with Clean Space, LLC in an amount not to exceed $156,736 annually, and Link Hospitality Corp. in an amount not to exceed $138,207 annually. BACKGROUND The City of Aventura ("City") issued a Request for Proposals (RFP) No. 2025-001 for Custodial Services on April 4, 2025. The RFP was published on DemandStar, and a non - mandatory pre -bid meeting was held on April 15, 2025, providing interested proposers with a bid summary. To qualify for award, prospective proposers were required to have a minimum of five (5) years of experience in custodial services and have operated continuously for at least the past five (5) years from the RFP date. Additionally, proposers must maintain a resident branch office in Miami -Dade, Broward, or Palm Beach County, Florida, possess a clean judicial record with references, hold all applicable city, county, state, and federal licenses, and demonstrate financial stability. By the proposal submittal deadline on April 29, 2025, twenty (20) proposals were received from the following firms, listed in alphabetical order- 1 . 95South, Inc, 2. Able Business Services, Inc. 3. AK Building Services, Inc. 4. Alpha Building Maintenance Service, Inc. 5. American Facility Services, Inc 6. Chi -Ada Corporation 7. Choice Services Commercial Cleaning 8. Clean Space, LLC 9. Green Facility, Inc. 10. Hidalgo Group, LLC 11. Kleen-Tech Services, LLC 12. Klen Space, Inc. 13. Link Hospitality Corp, 14. MCJ & Professional Cleaning Services 15. Powerwoman Global Solutions 16. SFM Janitorial Services, LLC 17. Star Building Services, Inc. 18. USSI, Inc. 19. WeClean Commercial Cleaning 20. Z&CJS, Inc. Staff conducted a review of the proposals to assess responsiveness. Factors considered included, but were not limited to, the completion, accuracy, and submission of all required documentation; compliance with all RFP requirements, including adherence to instructions; consistency of the proposed goods or services with the Agreement; and accuracy of mathematical calculations. Based on this review, only the firms listed below were found to be responsive. 1. Able Business Services, Inc. 2. AK Building Services, Inc. 3. Chi -Ada Corporation 4. Clean Space, LLC 5. Green Facility, Inc. 6. Kleen-Tech Services, LLC 7. Link Hospitality Corp, 8. SFM Janitorial Services, LLC 9. Star Building Services, Inc. 10. USSI, Inc. 11. WeClean Commercial Cleaning The Evaluation Committee was appointed by the City Manager and comprised of the following City staff: • Angel Blanco, Assistant Director of Public Works • Frank Galletti, Facilities Manager • Krystal Melendez, Maintenance Supervisor The Committee was provided with the proposals and on May 8, 2025, met to discuss, review, score and rank the proposals. Once the technical scores were finalized, the cost scores for each firm were added and a ranking was established as follows: Proposer Final Ranking Clean Space, LLC 1 Link Hospitality Corp. 2 Star Building Services, Inc. 3 SFM Janitorial Services, LLC 4 USSI, Inc. 5 (Tie) WeClean Commercial Cleaning 5 (Tie) Chi -Ada Corporation 6 Kleen-Tech Services, LLC 7 AK Building Services, Inc. 8 Able Business Services, Inc. 9 Green Facility, Inc. 10 Based on the Evaluation Committee's ranking, it is recommended that the City Commission authorize the City Manager to negotiate and enter into agreements with the two highest -ranked proposers. Staff recommends negotiating agreements with Clean Space, LLC for custodial services at the Community and Recreation Center and Park Facilities, in an amount not to exceed $156,736 annually, and with Link Hospitality Corp. for custodial services at the Government Center Building and its parking garage, in an amount not to exceed $138,207 annually. CITY OF AVENTURA RESOLUTION NO. 2025- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, SELECTING CLEAN SPACE, LLC AND LINK HOSPITALITY CORP. FOR CUSTODIAL SERVICES PURSUANT TO RFP 2025-001; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE AGREEMENTS; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Aventura (the "City") issued a Request for Proposals No. 2025-001 (the "RFP") for Custodial Services ("Services"); and WHEREAS, twenty sealed proposals were received by the RFP deadline; and WHEREAS, on May 8, 2025, an Evaluation Committee evaluated the proposals and ranked Clean Space, LLC and Link Hospitality Corp. (the "Contractors") as the two highest ranked Contractors; and WHEREAS, the City Manager recommended that the Contractors be selected to provide the Services as further defined in the Staff Memorandum supporting this Resolution; and WHEREAS, the City Commission desires to select the Contractors to provide the Services and authorizes the City Manager to negotiate and enter into agreements with the Contractors; and WHEREAS, the City Commission finds that this Resolution is in the best interest and welfare of the residents of the City. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA: Section 1. That each of the above -stated recitals are hereby adopted, confirmed, and incorporated herein. Section 2. That the City Commission hereby selects the Contractors to perform these Services. Section 3. That the City Commission hereby authorizes the City Manager to negotiate and execute agreements with the Contractors, subject to the City Attorney's approval as to form, content, and legal sufficiency. Section 4. That this Resolution shall become effective immediately upon its adoption. City of Aventura Resolution No. 2025- The foregoing Resolution was offered by Commissioner , who moved its adoption. The motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg PASSED AND ADOPTED this V day of June, 2025. HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. Page 2 of 2 CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO- City Commission FROM- Bryan Pegues, City Manager / f� DATE- May 30, 2025 SUBJECT- Approval of RFQT 25-001 - Street Sweeping Services June 3, 2025 City Commission Meeting Agenda RECOMMENDATION It is recommended that the City Commission authorize the City Manager to negotiate and enter into an agreement with Star Cleaning USA, Inc. BACKGROUND The City of Aventura ("City") issued Request for Quotation RFQT 25-001 Street Sweeping Services on March 25, 2025. The RFP was published on DemandStar. By the proposal submission deadline of April 11, 2025, the City received five (5) proposals from the following firms - Firm Bid Amount Star Cleaning USA, Inc. $34,729.74 Klen Space, Inc. $37,792.42 SFM Janitorial Services, LLC $38,027.78 Kaylex Sweeping Inc. $40,000.00 USA Services of Florida, LLC $99,796.00 After a comprehensive review of all proposals, staff has determined that awarding the bid to Star Cleaning USA, Inc., the lowest responsive and responsible proposer, is in the City's best interest. CITY OF AVENTURA RESOLUTION NO. 2025- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, SELECTING STAR CLEANING USA, INC. FOR STREET SWEEPING SERVICES PURSUANT TO RFQT 2025-001; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE AN AGREEMENT; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Aventura (the "City") issued a Request for Quotation No. 2025-001 (the "RFQT") for Street Sweeping Services ("Services"); and WHEREAS, five sealed proposals were received by the RFQT deadline; and WHEREAS, staff has thoroughly reviewed all sealed proposals and has determined that Star Cleaning USA, Inc. (the "Contractor") is the lowest responsive and responsible proposer; and WHEREAS, the City Manager recommends that the Contractor be selected to provide the Services as further provided in the Staff Memorandum supporting this Resolution; and WHEREAS, the City Commission desires to select the Contractor to provide the Services and authorizes the City Manager to negotiate and enter into an agreement with the Contractor; and WHEREAS, the City Commission finds that this Resolution is in the best interest and welfare of the residents of the City. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA: Section 1. That each of the above -stated recitals are hereby adopted, confirmed, and incorporated herein. Section 2. That the City Commission hereby selects the Contractor for the Services. Section 3. That the City Commission hereby authorizes the City Manager to negotiate and execute an agreement with the Contractor, subject to the City Attorney's approval as to form, content, and legal sufficiency. Section 4. That this Resolution shall become effective immediately upon its adoption. City of Aventura Resolution No. 2025- The foregoing Resolution was offered by Commissioner , who moved its adoption. The motion was seconded by Commissioner and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg PASSED AND ADOPTED this V day of June, 2025. HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. Page 2 of 2 Request for Quotation RFQT 25-001: Street Sweeping Services Posted: March 25, 2025 Due Date: Friday, Apni i i, zuz5 at 3:uo PM CONTRACTOR shall submit the following for the price quote to be accepted: a) Table 1 - Price Sheet b) Table 2 - Bid Table c) Table 3 - Qualifications d) Table 4 -References ect Name: Scope of Work: Name of CONTRACTOR: Address of CONTRACTOR: Phone Number and E-mail of CONTRACTOR: Authorized CONTRACTOR Representative: _ Signature: Date: TABLE 1 - PRICE SHEET Street Sweeping Services Quotes shall be accepted from qualified provide Street Sweeping services on e throughout the City. CONTRACTORs to i as needed basis The work shall be in accordance with the project documents attached herein: a) Summary of Work and b) Terms and Conditions of the City of Aventura Purchase Order (Exhibit A), attached. rig :T,9Zlc6 7�raw z0zs- Request for Quotation Page 1 of 11 RFQT 25-001: Street Sweeping Services i9 zel; Request for Quotation RFQT 25-001: Street Sweeping Services SUMMARY OF WORK PART 1 — GENERAL 1.1. Instructions A. CONTRACTORs submitting the bid should include the attached Table 1 — Price Sheet with their bid. Bids are due on uue uate Friday, April 11, 2025 at 3:00 Pm. Quotes should be sent by email to pwbids@cityofaventura.com or uploaded to www.DemandStar.com B. Questions regarding this quotation can be submitted by email to wbids(chi cit ofaventura.con), C. All the requirements stated herein and the attached Terms and Conditions of the City of Aventura (the "CITY") Purchase Order shall apply. D. The CITY reserves the right to: I. Award all or a portion of the services as determined to be in the best interest of the CITY. ii. Award to one or more than one proposer as determined to be in the best interest of the CITY. iii. Reject any or all submittals if found not to be in the best interest of the CITY. 1.2. Description of Work A. Scope of Work 1. Sweeping Frequency: All City -controlled roads specified in the Figure 1 must be cleaned bi-weekly. This includes curb and/or gutter or swale roads. The entire cross- section of the road, including turning lanes, must be swept. Sweeping shall involve collecting and removing paper, leaves, and other visible debris from the gutter, road, curb, or drainage inlet openings. 2. Sweeping Standards: All sand, paper, glass, litter, grass, leaves, and associated debris must be completely removed. A clean curb line free of visible sand, grass, or debris defines excellence in street sweeping. The City will be the sole judge of cleaning acceptability. Areas not meeting these standards must be re -swept within 24 hours of notification, at no additional cost to the City. 3. Emergency Sweeping Services: Emergency services will be billed on an hourly basis, calculated to the nearest quarter hour (15 minutes). A minimum of two (2) hours per service call is required. Emergency service must be completed within 8 hours after notification by the City and must include detailed invoicing, including the service type, area swept, hours spent, reason for the request, and the name of the requester. Request for Quotation Page 2 of 11 RFQT 25-001: Street Sweeping Services I AV96 Mif nauaf+uaf , Beach Ave...... Wa}erways Dag Park w z }111144�: Ur CA 4 oant i� x HFlorida A e lura Hpspital verttura I ;l� •alre arye_ r Marsh s & Ho ,cods 1 sarrf its Wes! 0 A ..nrt D rn Ii 0E�i4'w ;ta �t 44i--' 0 �e �dlrlCtpfl111�.t1'l� [SI�f3C.,ti mum � Country Club Est tes:,�i` th Met ai Aventuu 0 Jjo*Y�,chl Caul: a! � ur A rer�rura t Tur Ma verttura Mall v ... Prorru n,.,ide at 0 L itufa Apa(l 17 Refits The Cheesecake Factory Ave turd �j A The sera P irate E and ,!- S; �. 1 Re6 urantrNfAvent nagoguF� lirf !p F4 dePark FrI)IiX Srrpt?-Imarket at Tpv4iir6rder Aventurtl Kura Revolving Sushi B is 11111 .._ -yam Peninsula II Gardens ss Dress for Less X 0 'f1 i t91 st St l (Mb St 109th Terfarc r g9trf 'r`� 188tt� St qa 1871tx 5 {Y +�'ttrn;ur�it Park Sunny Isles Rea Figure 1 — City Controlled Roads Highlighted in Red. Approx. 12.5 center milesl Request for Quotation Page 3 of 11 RFQT 25-001: Street Sweeping Services B. Equipment Requirements 1. Street Sweeping Equipment: a. Industrial and municipal -sized sweepers with debris transport capacity. b. Sweepers must have a water spray system for dust control, flashing amber lights visible for at least one (1) mile with 360-degree visibility, and compliance with the state Uniform Traffic Law - Chapter 316, Florida Statutes. C. All equipment must be in good operating condition. The City may require replacement of equipment deemed to be operating poorly, noisy, or disturbing. 2. Backup Equipment: The Contractor must have backup sweepers immediately available for use in case of breakdowns. Notification of equipment breakdowns must be provided to the City within two (2) hours, with arrangements for replacement equipment within 24 hours. C. Operational Guidelines 1. Sweeping Times: Sweeping times are at the Contractor's discretion, subject to City review and modifications to avoid public disruption. 2. Curb Access: Street curbs obstructed by parked cars or other barriers must be cleaned manually by a maintenance crew supervised by the Contractor. All personnel must wear identifiable uniforms and company IDs. 3. Hazardous Observations: The Contractor is responsible for notifying the City of any hazardous conditions or materials observed during sweeping operations. D. Environmental and Disposal Compliance 1. Debris Removal: The Contractor is responsible for removing, hauling, and dumping all debris in accordance with local, county, and state regulations. All related transportation and disposal costs are the Contractor's responsibility. 2. Water Use: The Contractor must obtain approval from the City for the use of water from fire hydrants or public water sources. Purchases of water will be at established rates, with prior arrangements through the Public Works Department. 3. Prohibited Disposals: The Contractor must not dispose of fuels, oils, solvents, water, or debris into outfalls, drains, or catch basins. Violations will result in payment deductions of $500 for the first offense and $1,000 for subsequent offenses. The Contractor may also face penalties from Miami -Dade County and contractual default. E. Administrative and Reporting Requirements 1. Monthly Reports and Documentation: Monthly reports must include: a. Tonnage swept and disposed of from each street b. Dump tickets for all invoiced work Request for Quotation Page 4 of 11 RFQT 25-001: Street Sweeping Services c. GPS digital files showing real-time and historical data, including speed and idle time updated at 30-second intervals d. Failure to provide required documentation may result in invoice rejection and payment delays. 2. GPS Tracking: GPS tracking devices must be installed on all vehicles. Data captured must include: a. Date b. Start and end times c. Map d. Driver's name e. A digital file summarizing GPS data specific to this contract must be submitted monthly. F. Experience and Compliance Experience Requirements: The Contractor must demonstrate experience in providing street sweeping services. 2. Regulatory Compliance: All work must comply with Miami -Dade County and FDOT rules and regulations where applicable. 1.3. Qualifications and Experience Quotes will be accepted only from CONTRACTORs who are qualified to provide the services requested herein. A statement of qualification of the firm and a description of the company history is required. Only CONTRACTORs determined to be responsive and responsible shall be considered for evaluation. The CITY shall examine the documentation submitted in the Proposal to determine the responsiveness of each Proposer. Failure to provide the required information may disqualify any such Proposal as non -responsive and such Proposal may not be considered. The CITY may disqualify any Proposers that make exaggerated or false statements. CONTRACTOR shall document experience and certifications of lead personnel completing projects of similar scope. CONTRACTOR shall have a minimum of five (5) years of experience in providing Street Sweeping Service in Broward. Miami -Dade or Palm beach county. Responsiveness The factors to be considered in determining the responsiveness of each Proposer include but are not limited to the following: a. Completion, accuracy, and submission of all required documentation including Price Sheet and Pricing Proposal Table. b. Compliance with all requirements of the Request for Informal Quote. c. Accuracy of mathematical calculations. ii. Responsibility Request for Quotation Page 5 of 11 RFQT 25-001: Street Sweeping Services The factors to be considered in determining the responsibility of a Proposer shall include but not be limited to the following: a. Proposer's past experience and performance on comparable contracts. b. Availability of appropriate material, equipment, facility and personnel resources and expertise, or the ability to obtain them, to complete the project. 1.4. References CONTRACTOR shall provide a list of at least three (3) references in Table 3 for which the CONTRACTOR has provided similar product and services. References are to include Contact Person, Equipment Serviced, and Work Description. CONTRACTOR is responsible for accuracy of contact and telephone numbers provided. 1.5. Conflicts A. Neither CONTRACTOR nor its employees shall have or hold any continuing or frequently recurring employment or contractual relationship that is substantially antagonistic or incompatible with CONTRACTOR'S loyal and conscientious exercise of judgment related to its performance under this Agreement. B. CONTRACTOR agrees that none of its officers or employees shall, during the term of this Agreement, serve as an expert witness against CITY in any legal or administrative proceeding in which he or she is not a party, unless compelled by court process. Further, CONTRACTOR agrees that such persons shall not give sworn testimony or issue a report or writing, as an expression of his or her expert opinion, which is adverse or prejudicial to the interests of CITY in connection with any such pending or threatened legal or administrative proceeding. The limitations of this section shall not preclude CONTRACTOR or any other persons from representing themselves in any action or in any administrative or legal proceeding. C. In the event CONTRACTOR is permitted to utilize subcontractors to perform any services required by this Agreement, CONTRACTOR agrees to prohibit such subcontractors, by written Agreement, from having any conflicts within the meaning of this section. 1.6.Insurance A. Requirements: Before performing any Work, CONTRACTOR shall procure and maintain, during the life of the contract, unless otherwise specified, insurance listed below. The policies of insurance shall be primary and written on forms acceptable to the Owner and placed with insurance carriers approved and licensed by the Insurance Department in the State of Florida and meet a minimum financial AM Best Company rating of no less than "A - Excellent: FSC VII." In the event that the insurance carrier's rating shall drop, the insurance carrier shall immediately notify the Owner. No changes shall be made to these specifications without prior written specific approval by the Owner. B. The CITY of Aventura shall be named as additional insured, as their interests may appear on all policies except Workers' Compensation. As respects General Liability coverage, the Completed Operations Coverage and the Additional Insured status of the Owner must be maintained for this Project for not less than five (5) years following completion and acceptance by the Owner or no more restrictive than ISO form CG 20 37 (07 04). Waiver of Request for Quotation Page 6 of 11 RFQT 25-001: Street Sweeping Services subrogation in favor of the CITY of Aventura is required on all policies except Workers' Compensation. C. CONTRACTOR shall provide Statutory Workers' Compensation, and Employer's Liability insurance with limits of not less than $1,000,000 per employee per accident, $1,000,000 disease aggregate and $1,000,000 per employee per disease for all personnel on the worksite. If applicable, coverage for the Jones Act and US Longshoremen and Harbor workers Exposures must also be included. (Elective exemptions will NOT satisfy this requirement. Certificates evidencing an employee leasing company as employer will not be accepted). D. In the event the CONTRACTOR has "leased" employees, the CONTRACTOR or the employee leasing company must provide evidence of a Workers' Compensation policy for all personnel on the worksite. All documentation must be provided for review and approval by the Owner. E. The CONTRACTOR is responsible for the Workers' Compensation of any and all subcontractors used by the CONTRACTOR. Evidence of workers' compensation insurance coverage for all subcontractors must be submitted prior to any Work being performed. F. Commercial General Liability: Including but not limited to bodily injury, property damage, contractual liability, products and completed operations (without limitation), watercraft or aircraft liability if those vehicles will be utilized, and personal injury liability with limits of not less than $1,000,000 each occurrence, covering all work performed under this contract. G. Business Automobile Liability: CONTRACTOR agrees to maintain Business Automobile Liability at a limit of liability not less than $500,000 each occurrence covering all Work performed under this contract. H. CONTRACTOR further agrees coverage shall include liability for Owned, Non -Owned & Hired automobiles. In the event CONTRACTOR does not own automobiles, CONTRACTOR agrees to maintain coverage for Hired & Non -Owned Auto Liability, which may be satisfied by way of endorsement to the Commercial General Liability policy or separate Business Auto Liability policy. If private passenger automobiles are used in the business, they must be commercially insured. I. If the CONTRACTOR is shipping a product via common carrier, the CONTRACTOR shall be responsible for any loss or damage sustained in delivery/transit/loading and unloading. J. Umbrella Liability: Umbrella polices are acceptable to provide the total required liability limits. K. Insurance requirements itemized in this contract and required of the CONTRACTOR shall be provided on behalf of all sub-CONTRACTORs to cover their operations performed under this contract. The CONTRACTOR shall be held responsible for any modifications, deviations, or omissions in these insurance requirements as they apply to sub- CONTRACTORs. L. Each insurance policy required by this contract shall: Request for Quotation Page 7 of 11 RFQT 25-001: Street Sweeping Services i. Apply separately to each insured against whom claim is made and suit is brought, except with respect to limits of the insurer's liability ii. Not be suspended, voided or canceled by either party except after thirty (30) calendar days prior written notice by certified mail, return receipt requested, has been given to the Owner, except the cancellation notice period for non-payment of premiums for Workers' Compensation notice shall be 10 days. iii. The City of Aventura shall retain the right to review, at any time, coverage, form, and amount of insurance. iv. The procuring of required policies of insurance shall not be construed to limit CONTRACTOR's liability nor to fulfill the indemnification provisions and requirements of this contract. V. The CONTRACTOR shall be solely responsible for payment of all premiums for insurance contributing to the satisfaction of this contract and shall be solely responsible for the payment of all deductibles and retentions to which such policies are subject. Request for Quotation Page 8 of 11 RFQT 25-001: Street Sweeping Services TABLE 2 — BID TABLE No. I Description Unit Unit Price Quantity Total 1 Street Sweeping Service Lump Sum �3�� Q� 1 $ I 1.36Y Q Q 2 Emergency Street Sweeping Service Hourly Q'!, �j u 10 $ O kOj Name of B Signat—Chi-�- -/"� C 4 Printed Name V//�_ Title 2` 5 Date Request for Quotation Page 9 of 11 RFQT 25-001: Street Sweeping Services 'Ve�� &tr' ud rG ADDENDUM No. 1 RFP No. & Title: Request for Quotation RFQT 25-001: Street Sweeping Services Date: April 8, 2025 Respondents for the above referenced RFP shall take note of the following changes, additions, deletions, clarifications, etc., to the RFP documents, which shall become a part of and have precedence over anything shown or described otherwise. A. Changes in the RFP Documents: None. B. Clarifications: None. C. Questions from Respondents: 1. What is the total mileage covered per service? Approximately 12.5 centerline miles. 2. You mentioned 12.5 centerline miles, but some streets have multiple sides —such as four sides (right curb x1, centerline x2, and left curb x1), two sides, etc. Could you clarify how the total mileage is calculated, considering these variations? The total mileage is approximately 12.5 centerline miles or 31 lane miles. It is the contractor's responsibility to estimate these variations. A map has been provided as part of the solicitation. 3. Who is currently providing the service? Facilities Pro -Sweep. 4. What is the current bill rate? $1,430 per cycle. 5. Will the city provide an onsite dumpster to dispose of collected debris? Page 1 of 2 -'mil rto 6. The bid states sweeping frequency is to be done bi-weekly. Can you please clarify if this means twice per week or twice per month? Once every two weeks. 7. Duration of the project? Three years 8. Do you have a budget for the project? 9. Is there a wage requirement? 10. Bond requirements? 11. Expected contract start? .June 2025. 12. Will you be providing a sales tax exemption? 13. Are there any locked storage locations on site that we can utilize for servicing each location? No, 14.Are there any meetings required during the project's duration? If so, how often? No. End of Addendum No.1. All other information remains as originally described in the solicitation. Page 2 of 2 TABLE 3 — CONTRACTOR QUALIFICATIONS ORGANIZATION: (-11,V7 ADDRESS: / 2-D A) G✓L i kI PHONE: EMAIL: �) l 1. Years your organization has been in business as a CONTRACTOR? 2. Years yo� organization has been in business under its present business name? -- 3. If a corporation, answer the following: a. Date of incorporation: b. State of incorporation: c. President's name: List licenses, certifications and county/municipal Business Tax Receipt (BTR) in which your organization is legally qualified to do business. Indicate registration or license numbers, if applicable. List type of Miami -Dade County Certificate of Competency and number where applicable. Attach copies of each. Type of License # Expires Request for Quotation Page 10 of 11 RFQT 25-001: Street Sweeping Services Request for Quotation Page 10 of 11 RFQT 25-001: Street Sweeping Services TABLE 4 - REFERENCES Owner/Agency Location Con ct Person Phone Email Work Description Ow er/Agency Location V4601,-- - Daalz Contact Person Phone Email OPtl 4 (-91A) I � Work Description Ow er/Agency Location ✓ 0 /xI Contac Person Phone Email ,,, Irp J A 5Aa 4Zb 157) Work Description IOU �f I Request for Quotation Page 11 of 11 RFQT 25-001: Street Sweeping Services CITY OF AVENTURA PURCHASE ORDER TERM AND CONDITIONS The following Terms and Conditions are applicable to this order entered into by and between City of Aventura (referred to as the "City") and Vendor. 1. MODIFICATIONS This purchase order form ("Order") and any other document pertaining to this transaction that has been acknowledged in writing by the City Manager constitute the complete and exclusive statement of this Order. Accordingly, no modification or amendment shall be binding upon the City unless signed by the City Manager. 2. CITY ATTORNEY APPROVAL The City Attorney has approved these standard terms and conditions as to form and legality. Accordingly, no modification of these terms and conditions shall be binding upon the City unless they are endorsed and approved by the City Attorney. In the event of a conflict between these terms and conditions and any other documents pertaining to the transaction covered by this Order, these terms and conditions shall prevail. INVOICING Vendor must render original invoice to the City of Aventura, Accounts Payable, 19200 West Country Club Drive, Aventura, FL 33180, 4. TIME PERIOD FOR PAYMENT By accepting this Order, the Vendor agrees that payment terms shall be Net 30 unless otherwise stated. 5. PAYMENT CHANGES Payments shall be made only to the company and address as set forth on the Order unless the Vendor has requested a change Q thereto on official company letterhead, signed by an authorized officer of the company. 4-1 6. F.O.B. In those cases where F.O.B. point is not Destination, Vendor is required to prepay freight charges and list separately on the invoice. Collect shipments will not be accepted. X W 7. PAYMENT METHODS Payment shall be made to Vendor in accordance with the Local Government Prompt Payment Act as stipulated in Part VII of Chapter 218, FL Statutes, by check, card, funds transfer or other method as determined by the City in its sole discretion. 8. TAX The City of Aventura is exempt from Federal and State taxes for tangible personal property. Vendors doing business with the City, which are not otherwise exempt, shall not be exempt from paying sales tax to their suppliers for materials to fulfill contractual obligations with the City, nor shall any Vendor be authorized to use the City Tax Exemption Number in securing such materials. 9. RESPONSIBILITY The City is not responsible for any goods delivered or services performed unless covered by a duly signed and authorized City of Aventura Purchase Order. 10. DELIVERIES Deliveries are to be made during the hours of 9:00 AM to 3:00 PM, Monday through Friday, excluding holidays, unless otherwise stipulated. Vendor shall notify the City of deliveries that require special handling and/or assistance for off-loading. In the event that Vendor fails to notify City of the requirement for this type of delivery, City shall not be responsible for any add -on redelivery, storage or handling charges. 11. INSPECTION All commodities delivered on this Order are subject to inspection upon receipt by a representative of the City. All rejected commodities shall remain the property of the Vendor and will be returned at the Vendor's expense. Page 1 of 3 12. QUANTITIES Quantities specified in the Order cannot be changed without City approval in writing. Goods shipped in excess of quantity designated may be returned at the Vendor's expense. 13. UNIFORM COMMERCIAL CODE Florida law, including without limitation the Uniform Commercial Code (Chapter 670-680, Florida Statutes), shall apply to and supplement the terms and conditions of this Order. 14. LEGAL RESPONSIBILITY By accepting this Order, Vendor understands and agrees that the items covered herein, or services to be rendered, shall be manufactured, sold or performed in compliance with applicable Federal, State, County and Local laws, ordinances, rules and regulations. Lack of knowledge by the Vendor shall in no way be a cause for relief from responsibility. 15. COMPLIANCE WITH LAWS Vendor shall fully obey and comply with all laws, ordinances and administrative regulations duly made in accordance therewith, which are or shall become applicable to this Order or the performance of work hereunder. 16. MATERIAL INSTALLATION All materials shall be installed in accordance with manufacturer's specifications. 17. PAYMENT FOR MATERIALS The City shall only pay for materials satisfactorily incorporated into the work/project and shall not pay for materials stored at the work/project site or elsewhere. 18. EXCUSABLE DELAYS The City may grant additional time for any delay or failure to perform hereunder if the delay will not adversely impact the best interests of the City and is due to causes beyond the control of the Vendor. Such grant must be in writing and made part of the Order. 19. TERMINATION City, acting through its City Manager or designee, reserves the right to terminate this Order in whole or in park for default {a) if Vendor fails to perform in accordance with any of the requirements of this Order, or (b) if Vendor becomes insolvent or suspends any of its operations or if any petition is filed or proceeding commenced by or against Vendor under any State or Federal Law relating to bankruptcy, reorganization, receivership or assignment for the benefit of creditors. Any such termination will be without liability to City except for completed items delivered and accepted by the City. Vendor will be liable for excess costs of re - procurement. In the event of default by the Vendor, City may procure the articles or services covered by this Order from other sources and hold the Vendor responsible for any excess costs occasioned thereby, in addition to all other available remedies at law or equity. 20. INDEMNIFICATION Vendor shall indemnify, hold harmless and, at City's option, pay for an attorney selected by the City, to defend the City, and any of its officers, agents, servants and employees from and against any and all liability, suits, actions, damages, costs, losses and expenses, including attorneys' fees, for (a) demands and claims for persona! injury, bodily injury, sickness, diseases or death or damage or destruction of tangible property, arising out of any errors, omissions, misconduct or negligent acts, of Vendor, its officials, agents, employees or subcontractors arising out of this Order, whether direct or indirect and from and against any orders, judgments, or decrees which may be entered thereon and from and against all costs, damages of every kind and nature, attorneys' fees, expenses and liabilities incurred in and about the defense of any such claim and investigation thereof and for (b) demands and claims sought by third parties related to any alleged breach of any non -competition of similar provisions. Vendor shalt indemnify City, and any of its officers, agents, servants and employees, for all loss, damage, expense or liability including, without limitation, court costs and attomeys' fees that may result by reason of any infringement or claim of infringement by Vendor of any patent, trademark, copyright, trade secret or other proprietary right relating to services or goods furnished Page 2 of 3 a . r. X W pursuant to this Order. Vendor will defend and/or settle at its own expense any action brought against the City and any of its officers, agents, servants and employees, to the extent that it is based on a claim that products or services furnished to City by Vendor pursuant to this Order, or if any portion of the services or goods related to the performance of the service become unusable as a result of any such infringement or claim. Vendor acknowledges that specific consideration has been paid or will be paid under this Order for this hold harmless and indemnification provision, and further agrees with the foregoing provisions of indemnity and with the collateral obligation of insuring said indemnity. The provisions of this indemnification section shall survive the expiration or earlier termination of this Order. To the extent considered necessary by the City Manager and the City Attorney, any sums due Vendor under this Order may be retained by City until all of City's claims for indemnification pursuant to this Order have been settled or otherwise resolved; and any amount withheld shall not be subject to payment of interest by City, 21. INSURANCE The Vendor of services must have secured and maintained insurance in the amount of at least $1,000.000 for general and $500,000 for automobile liability limits, and must list the City as an additional insured on this coverage. The Vendor must have worker's compensation coverage as required by law. Any exception to the above stated limits or other requirements must be endorsed and approved in writing by the City Manager. 22. ANTI -DISCRIMINATION Vendor shall affirmatively comply with all applicable provisions of federal, state and local equal employment laws and shall not engage in or commit any discriminatory practice against any person based on race, age, religion, color, gender, sexual orientation, national origin, marital status, physical or mental disability, political affiliation or any other factor which cannot be lawfully used as a basis for disqualification. P 23. APPLICABLE LAW AND VENUE- ATTORNEYS' FEES AND COSTS This Order shall be interpreted and construed in accordance with and governed by the laws of the State of Florida. The parties submit to the jurisdiction of any Florida state or federal court in any action or proceeding arising out of, or relating to, this Order. Venue for any action to enforce or related to this Order shall be in Miami -Dade County, Florida, only. The parties expressly waive all rights to trial by jury for any disputes arising from or in any way connected with this Order. The parties understand and agree that this waiver is a material contract term. This Order is not subject to arbitration, If any party is required to enforce the terms of this Order by court proceedings or otherwise, whether or not formal legal action is required, each party shall pay its own attorney's fees and costs. 24. PUBLICITY No endorsement by the City of the product and/or service will be used by Vendor in any way, manner or form in product literature, advertising, or for any other purpose. 25. ACCEPTANCE Vendor's acceptance of all of the terms and conditions contained in this Order will be presumed unless Vendor acknowledges exception, in writing, to the City prior to the earlier of (a) ten calendar days after date of the Order or {b) the first performance by either parry of any obligations under this Order. 26. REPRESENTATIVE All parties to this Order agree that the representatives named herein possess full and complete authority to bind the parties. 27. ASSIGNMENT Any assignment of this Order or the performance of work hereunder, in whole or in part, is prohibited. 28. NON -APPROPRIATION OF FUNDS In the event no funds or insufficient funds are appropriated and budgeted in any fiscal year for payments due under this Order, then the City, upon written notice to Vendor of such occurrence, shall have the unqualified right to terminate this Order without any penalty or expense to the City. W age 3 of 3 ADDENDUM No. 1 RFP No. & Title: Request for Quotation RFQT 25-001: Street Sweeping Services Date: April 8, 2025 Respondents for the above referenced RFP shall take note of the following changes, additions, deletions, clarifications, etc., to the RFP documents, which shall become a part of and have precedence over anything shown or described otherwise. A. Changes in the RFP Documents: None. B. Clarifications: None. C. Questions from Respondents: 1. What is the total mileage covered per service? ,pproximately 12.5 centerline miles. 2. You mentioned 12.5 centerline miles, but some streets have multiple sides —such as four sides (right curb x1, centerline x2, and left curb x1), two sides, etc. Could you clarify how the total mileage is calculated, considering these variations? (he total mileage is approximately 12.5 centerline miles or 31 lane miles. It is the contractor's responsibility to estimate these variations. A map has been provided as part of the solicitation. 3. Who is currently providing the service? Facilities Pro -Sweep. 4. What is the current bill rate? $1,430 per cycle. 5. Will the city provide an onsite dumpster to dispose of collected debris? No, Page 1 of 2 '. �� q S 6. The bid states sweeping frequency is to be done bi-weekly. Can you please clarify if this means twice per week or twice per month? Once every two weeks. 7. Duration of the project? Three years. 8. Do you have a budget for the project? No. 9. Is there a wage requirement? No. 10. Bond requirements? No, 11. Expected contract start? June 2025. 12. Will you be providing a sales tax exemption? Yes. 13.Are there any locked storage locations on site that we can utilize for servicing each location? 14.Are there any meetings required during the projecVs duration? If so, how often? No. End of Addendum No.1. All other information remains as originally described in the solicitation. Page 2 of 2 BROWARD COUNTY LOCAL - BUSINESS TAX RECEIPT 115 S. Andrews Ave., Rm. A-100, Ft. Lauderdale, FL 33301-1895 •- 954-357-4829 VALID OCTOBER 1, 2024 THROUGH SEPTEMBER 30, 2025 Business Name: STAR CLEANING USA INC Owner Name: ENRIQUE GONZALEZ Business Location: 12054 NW 98 AVE MIAMI DADE COUNTY Business Phone: 954-6807827 Rooms Seats Receipt#:CLEANING'/JANITORIAL (JANI Business Type: SERVICE) Business Opened: 10/01/2007 State/County/Cert/Reg: Exemption Code: Employees Machines Professionals 3 For Vending Business Only Vendina Tvne_ Tax Amount Transfer Fee NSF Fee Penalty Prior Years Collection Cost Total Paid 33.00 0.00 0.00 1 3.30 0.00 0.00 36.30 Receipt Fee i.t . uU Packing/Processing/Canning Employees 0.00 THIS RECEIPT MUST BE POSTED CONSPICUOUSLY IN YOUR PLACE OF BUSINESS THIS BECOMES A TAX RECEIPT This tax is levied for the privilege of doing business within Broward County and is non -regulatory in nature. You must meet all County and/or Municipaiity planning WHEN VALIDATED and zoning requirements. This Business Tax Receipt must be transferred when the business is sold, business name has changed or you have moved the business location. This receipt does not indicate that the business is legal or that it is in compliance vath State or local laws and regulations. Mailing Address: ENRIQUE GONZALEZ 12054 NW 98 AVE HIALEAH GARDENS, FL 33018 W Receipt #034-24-00000163 Paid10/09/2024 36.30 001505 Local Business Tax Receipt Miami —Dade County, State of Florida —THIS IS NOT A BILL — DO NOT PAY 3697985 LBT BUSINESS NAMEAACATION RECEIPT NO. EXPIRES STAR CLEANING USA INC RENEWAL SEPTEMBER 30, 2025 12054 NW 98TH AVE 3862878 Must be displayed at place of business HIALEAH GARDENS FL 33018-2964 Pursuant to County Code Chapter 8A —Art. 9 & 10 OWNER SEC. TYPE OF BUSINESS STAR CLEANING USA INC 213 SERVICE BUSINESS BY TAX PAYMENT C/0 ENRIQUE GONZALEZ, PRES By TAX COLLECTOR $99.00 08/26/2024 Employee(s) 20 ACct01-24-001751 This Local Business Tax Receipt only confirms payment of the Local Business Tax. The Receipt is not a license, permit or a certification of the holder s qualifications, to do business. Holder must comply with any governmental or nongovernmental regulatory laws and requirements which apply to the business. The RECEIPT NO. above must be displayed on all commercial vehicles — Miami —Dade Code Sec 8a-276. For more information, visit www.miamidade.nov,'iaxcollector CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Bryan Pegues, City Manager BY: Michael Bentolila, Chief of Police DATE: May 30, 2025 SUBJECT: Approval of Agreement with Packetalk, LLC for City-wide Traffic Video Management System and Maintenance June 3, 2025 City Commission Meeting Agenda RECOMMENDATION It is recommended that the City Commission waive competitive bidding based on the sole or single source availability exemption as per Section 2-253(1) of the Code of Ordinances, and authorize the City Manager to negotiate and enter into an agreement with Packetalk, LLC in amount not to exceed $125,000 annually to install, operate, and maintain the City's Traffic Video Management System (TVMS). BACKGROUND Our city's current Traffic Video Management System (TVMS) is outdated and limited in functionality, reducing its effectiveness in supporting traffic monitoring and public safety efforts. To address this, staff recommends approving a contract with Packetalk, a company specializing in advanced surveillance and traffic management solutions. Their proposal ensures complete system modernization, expanded coverage, and cost savings over the long term. Packetalk will provide full support and maintenance to ensure continuous operational integrity of the citywide TVMS. Key provisions include: Replacement of 27 existing TVMS cameras with upgraded models. Installation of 50 additional cameras, including: a. 25 x 180-degree AI -based 8K cameras b. 15 x AI -based 4K 36x pan -tilt -zoom cameras c. 10 x 4K ALPR bullet cameras iii. Deployment of a 4.9 GHz public -safety wireless network to support additional cameras and eliminate reliance on costly SIM cards. iv. Installation of a 600AH SNMP solar system at 203 & Biscayne Blvd to enhance system reliability. V. Routine preventative maintenance, including seasonal waterproofing, lens cleaning, software updates, and firmware enhancements. vi. Integration of all existing ONVIF cameras at no charge, providing a unified management system without licensing or software fees. vii. Compliance with local, state, and federal laws, ensuring regulatory adherence. viii. No -cost repair/replacement of failed devices with National Defense Authorization Act (N DAA)-com pliant equipment for the term of the agreement. The new Packetalk TVMS system will provide superior coverage, reliability, and cost - efficiency compared to maintaining our outdated infrastructure. By eliminating licensing fees, reducing maintenance costs, and enhancing system capabilities, this solution aligns with the city's long-term public safety and budget optimization goals. Docusign Envelope ID: B22F058D-937F-4B78-9A3B-228143B6A05A CITY OF AVENTURA POLICE DEPARTMENT MEMORANDUM TO: Bryan Pegues, City Manager FROM: Michael Bentolila, Chief of Police DATE: May 28, 2025 SUBJECT: Request of Approval, Sole or Single Source Availability The Aventura Police Department seeks approval to procure proprietary hardware and software essential for implementing a Smart City Surveillance Ecosystem. Developed exclusively by Packetalk, LLC, this advanced platform integrates ALPR technology, public safety alerts, video analytics, and autonomous deployment capabilities, providing a comprehensive security solution unavailable from alternative vendors. Sole Source Justification Packetalk, LLC is the sole provider of the following proprietary technologies, each designed to operate seamlessly within its closed -loop ecosystem: i. Packetalk INAAP ALPR Software Suite — Patented automatic license plate recognition system with AI -driven analytics. ii. Packetalk NCIC Public Safety Alert System — Secure real-time alert platform linked to national law enforcement databases. iii. Packetalk PTVAS Video Analytics & Retention Algorithm — Proprietary video processing for automated incident detection and retention. iv. Packetalk Rapid Deploy Trailers — Mobile surveillance units with onboard self - healing technology ensuring continuous operation. V. ALPR-Ready Pan Tilt Zoom Cameras — Optimized hardware supporting seamless, real-time ALPR functionality. vi. Advanced OCR Video Analytics Pan Tilt Zoom Cameras — AI -enhanced recognition technology for sophisticated threat detection. vii. OCR -Based ALPR Bullet Cameras — Precision -driven license plate readers utilizing deep -learning OCR processing. viii. Packetalk ACI Integration Platform — Proprietary middleware solution facilitating seamless data exchange across surveillance technologies. These components work collectively to eliminate interoperability challenges, reduce reliance on third -party integrations, and enhance security responsiveness in urban environments. Docusign Envelope ID: B22F058D-937F-4B78-9A3B-228143B6A05A Compliance & Regulatory Justification This procurement qualifies as a sole -source acquisition under Section 2-253(6) of the Code of Ordinances. Recommendation & Conclusion Approval of this sole -source request will enable the Aventura Police Department to deploy a fully integrated, autonomous public safety monitoring system, ensuring optimal security while maintaining efficiency and technological continuity. We respectfully request authorization for this procurement to secure the Packetalk surveillance ecosystem components necessary for advancing public safety initiatives. Respectfully submitted, Signed by: L Michael Bentolila Chief of Police Signed by: ��'Iydn Yl�.lj Bryan Pegues City Manager Date: 5/28/2025 CITY OF AVENTURA RESOLUTION NO. 2025- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, WAIVING THE FORMAL COMPETITIVE BIDDING REQUIREMENTS AND ALLOWING FOR THE AWARD OF A CONTRACT UNDER THE SOLE SOURCE JUSTIFICATION PURSUANT TO CITY CODE SECTION 2-253(1); AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND ENTER INTO AN AGREEMENT FOR CITYWIDE TRAFFIC VIDEO MANAGEMENT SYSTEM AND MAINTENANCE IN AN AMOUNT NOT TO EXCEEED $125,000 ANNUALLY BY AND BETWEEN THE CITY OF AVENTURA AND PACKETALK, LLC; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Code requires formal competitive bidding for goods and services but allows for an exemption from the process for services only available from a sole or single source; and WHEREAS, the Aventura Police Department desires to procure proprietary hardware and software essential for the implementation of a Smart City Surveillance Ecosystem; and WHEREAS, Packetalk, LLC (the "Contractor") has developed this comprehensive security solution unavailable from other vendors; and WHEREAS, it is in the best interest of the City and its residents for the City Commission to waive the Code's formal competitive bidding requirements, find that the Contractor meets the definition of a sole source contractor and authorize the City Manager to negotiate an agreement with the Contractor for the needed services. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA: Section 1. That the City Manager is hereby authorized to negotiate and enter into an agreement for City-wide Traffic Video Management System and Maintenance in an amount not to exceed $125,000 annually by and between the City and Packetalk, LLC. Section 2. That the City Manager is hereby authorized to do all things necessary to carry out the aims of this Resolution. Section 3. That this Resolution shall become effective immediately upon its adoption. City of Aventura Resolution No. 2025- The foregoing Resolution was offered by Commissioner , who moved its adoption. The motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg PASSED AND ADOPTED this V day of June, 2025. HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. Page 2 of 2 AGREEMENT BETWEEN THE CITY OF AVENTURA AND PACKETALK, LLC THIS AGREEMENT (this "Agreement") is made effective as of the day of , 2025 (the "Effective Date"), by and between the CITY OF AVENTURA, FLORIDA, a Florida municipal corporation, (the "City"), and PACKETALK, LLC, a New Jersey Limited Liability Company authorized to do business in Florida (hereinafter, the "Contractor"). WHEREAS, the City desires certain Traffic Video Management System and Maintenance Services (hereinafter, the "Services"); and WHEREAS, the Contractor and City, through mutual negotiation, have agreed upon a fee for the Services; and WHEREAS, the City desires to engage the Contractor to perform the Services and provide the deliverables as specified below. NOW, THEREFORE, in consideration of the mutual covenants and conditions contained herein, the Contractor and the City agree as follows: 1. Scope of Services. 4101111 1.1. The Contractor shall furnish the Services d ed Contractor's attached hereto as Exhibit "A", and are incorporated herein by reference. i • i 7M1 - 1 - 11 - I I M Z�� 2.1. The term of this Agreement shall be from the Effective Date through ten (10) years thereafter, unless earlier terminated in accordance with Paragraph 8. 2.2. Contractor agrees that time is of the essence and Contractor shall complete the Services within terms of this Agreement, unless extended by the City Manager. 3.1. Compensation for Services provided by Contractor shall be in accordance with the Proposal attached hereto as Exhibit "A". 3.2. Contractor shall deliver an invoice to City no more often than once per month detailing Services completed and the amount due to Contractor under this Agreement. Fees shall be paid in arrears each month, pursuant to Contractor's invoice, which shall be based upon the percentage of work completed for each task invoiced. The City shall pay the Contractor in accordance with the Florida Prompt Payment Act after approval and acceptance of the Services by the City Manager. Page 1 of 15 3.3. Contractor's invoices must contain the following information for prompt payment: 3.3.1. Name and address of the Contractor; 3.3.2. Purchase Order number; 3.3.3. Contract number; 3.3.4. Date of invoice; 3.3.5. Invoice number (Invoice numbers cannot be repeated. Repeated invoice numbers will be rejected); h� 3.3.6. Name and type of Services; 3.3.7. Timeframe covered by the ins 3.3.8. Total value of invoice. Failure to include the above information will result in the delay of payment or rejection of the invoice. 4. Sub -Contractors. 4.1. The Contractor shall be responsible for all payments to any sub -contractors and shall maintain responsibility for all work related to the Services. 4.2. Contractor may only utilize the services of a particular sub -contractor with the prior written approval of the City Manager, which approval may be granted or withheld in the City Mpis sole and absolute discretion. 5. City's Resonsibilities. 5.1. City shall make available any maps, plans, existing studies, reports, staff and representatives, and other data pertinent to the Services and in possession of the City, and provide criteria requested by Contractor to assist Contractor in performing the Services. 5.2. Upon Contractor's request, City shall reasonably cooperate in arranging access to public information that may be required for Contractor to perform the Services. 6.1. The Contractor shall exercise the same degree of care, skill and diligence in the performance of the Services as is ordinarily provided by a Contractor under Page 2 of 15 similar circumstances. If at any time during the term of this Agreement or within two (2) years from the completion of this Agreement, it is determined that the Contractor's Deliverables or Services are incorrect, not properly rendered, defective, or fail to conform to City requests, the Contractor shall at Contractor's sole expense, immediately correct its Deliverables or Services. 6.2. The Contractor hereby warrants and represents that at all times during the term of this Agreement it shall maintain in good standing all required licenses, certifications and permits required under Federal, State and local laws applicable to and necessary to perform the Services for City as an independent contractor of the City. Contractor further warrants and represents that it has the required knowledge, expertise, and experience to perform the Services and carry out its obligations under this Agreement in a professional and first- class manner. 6.3. The Contractor represents that is an entity validly existing and in good standing under the laws of Florida. The execution, delivery and performance of this Agreement by Contractor have been duly authorized, and this Agreement is binding on Contractor and enforceable against Contractor in accordance with its terms. No consent of any other person or entity to such execution, delivery and performance is required. 7. Conflict of Interest. 7.1. To avoid any conflict of interest or any appearance thereof, Contractor shall not, for the term of this Agreement, provide any consulting services to any private sector entities (developers, corporations, real estate investors, etc.), with any current, or foreseeable, adversarial issues in the City. 8. Termination. Rql%% 1W %hxh, 8.1. The City Manager, without cause, may terminate this Agreement upon thirty (30) calendar days' written notice to the Contractor, or immediately with cause. 8.2. Upon receipt of the City's written notice of termination, Contractor shall immediately stop work on the project unless directed otherwise by the City Manager. 8.3. In the event of termination by the City, the Contractor shall be paid for all work accepted by the City Manager up to the date of termination, provided that the Contractor has first complied with the provisions of Paragraph 8.4. 8.4. The Contractor shall transfer all books, records, reports, working drafts, documents, maps, and data pertaining to the Services and the project to the City, in a hard copy and electronic format within fourteen (14) days from the date of the written notice of termination or the date of expiration of this Agreement. Page 3 of 15 9. Insurance. 9.1. Contractor shall secure and maintain throughout the duration of this agreement insurance of such types and in such amounts not less than those specified below as satisfactory to City, naming the City as an Additional Insured, underwritten by a firm rated A-X or better by A.M. Best and qualified to do business in the State of Florida. The insurance coverage shall be primary insurance with respect to the City, its officials, employees, agents, and volunteers naming the City as additional insured. Any insurance maintained by the City shall be in excess of the Contractor's insurance and shall not contribute to the Contractor's insurance. The insurance coverages shall include at a minimum the amounts set forth in this section and may be increased by the City as it deems necessary or prudent. 9.1.1. Commercial General Liability coverage with limits of liability of not less than a $1,000,000 per Occurrence combined single limit for Bodily Injury and Property Damage. This Liability Insurance shall also include Completed Operations and Product Liability coverages and eliminate the exclusion with respect to property under the care, custody and control of Contractor. The General Aggregate Liability limit and the Products/Completed Operations Liability Aggregate limit shall be in the amount of $2,000,000 each. 9.1.2. Workers Compensation and Employer's Liability insurance, to apply for all employees for statutory limits as required by applicable State and Federal laws. The policy(ies) must include Employer's Liability with minimum limits of $1,000,000.00 each accident. No employee, subcontractor or agent of the Contractor shall be allowed to provide Services pursuant to this Agreement who is not covered by Worker's Compensation insurance. 9.1.3. Business Automobile Liability with minimum limits of $1,000,000 per occurrence, combined single limit for Bodily Injury and Property Damage. Coverage must be afforded on a form no more restrictive than the latest edition of the Business Automobile Liability policy, without restrictive endorsements, as filed by the Insurance Service Office, and must include Owned, Hired, and Non -Owned Vehicles. 9.1.4. Professional Liability Insurance in an amount of not less than One Million Dollars ($1,000,000.00) per occurrence, single limit. 9.2. Certificate of Insurance. Certificates of Insurance shall be provided to the City, reflecting the City as an Additional Insured (except with respect to Professional Liability Insurance and Worker's Compensation Insurance), no later than ten (10) days after award of this Agreement and prior to the execution of this Agreement by City and prior to commencing Services. Each certificate shall Page 4 of 15 include no less than (30) thirty -day advance written notice to City prior to cancellation, termination, or material alteration of said policies or insurance. The Contractor shall be responsible for assuring that the insurance certificates required by this Section remain in full force and effect for the duration of this Agreement, including any extensions or renewals that may be granted by the City. The Certificates of Insurance shall not only name the types of policy(ies) provided, but also shall refer specifically to this Agreement and shall state that such insurance is as required by this Agreement. The City reserves the right to inspect and return a certified copy of such policies, upon written request by the City. If a policy is due to expire prior to the completion of the Services, renewal Certificates of Insurance shall be furnished thirty (30) calendar days prior to the date of their policy expiration. Each policy certificate shall be endorsed with a provision that not less than thirty (30) calendar days' written notice shall be provided to the City before any policy or coverage is cancelled or restricted. Acceptance of the Certificate(s) is subject to approval of the City. 9.3.Additional Insured. Except with respect to Professional Liability Insurance and Worker's Compensation Insurance, the City is to be specifically included as an Additional Insured for the liability of the City resulting from Services performed by or on behalf of the Contractor in performance of this Agreement. The Contractor's insurance, including that applicable to the City as an Additional Insured, shall apply on a primary basis and any other insurance maintained by the City shall be in excess of and shall not contribute to the Contractor's insurance. The Contractor's insurance shall contain a severability of interest provision providing that, except with respect to the total limits of liability, the insurance shall apply to each Insured or Additional Insured (for applicable policies) in the same manner as if separate policies had been issued to each. 9.4. Deductibles. All deductibles or self -insured retentions must be declared to and be reasonably approved by the City. The Contractor shall be responsible for the payment of any deductible or self -insured retentions in the event of any claim. 9.5. The provisions of this section shall survive termination of this Agreement. 10. Nondiscrimination. During the term of this Agreement, Contractor shall not discriminate against any of its employees or applicants for employment because of their race, color, religion, sex, or national origin, and will abide by all Federal and State laws regarding nondiscrimination. 11.Attornev's Fees and Waiver of Jury Trial. 11.1. In the event of any litigation arising out of this Agreement, the prevailing party shall be entitled to recover its attorneys' fees and costs, including the fees and expenses of any paralegals, law clerks and legal assistants, and including fees and expenses charged for representation at both the trial and appellate levels. Page 5 of 15 11.2. IN THE EVENT OF ANY LITIGATION ARISING OUT OF THIS AGREEMENT, EACH PARTY HEREBY KNOWINGLY, IRREVOCABLY, VOLUNTARILY AND INTENTIONALLY WAIVES ITS RIGHT TO TRIAL BY JURY. 12.1. Contractor shall indemnify and hold harmless the City, its officers, agents and employees, from and against any and all demands, claims, losses, suits, liabilities, causes of action, judgment or damages, arising from Contractor's performance or non- performance of any provision of this Agreement, including, but not limited to, liabilities arising from contracts between the Contractor and third parties made pursuant to this Agreement. Contractor shall reimburse the City for all its expenses including reasonable attorneys' fees and costs incurred in and about the defense of any such claim or investigation and for anyjudgment or damages arising from Contractor's performance or non-performance of this Agreement. 1% 12.2. Nothing herein is intended to serve as a waiver of sovereign immunity by the City nor shall anything included herein be construed as consent to be sued by third parties in any matter arising out of this Agreement or any other contract. The City is subject to section 768.28, Florida Statutes, as may be amended from time to time. kh� 12.3. The provisions of this section shall survive termination of this Agreement. 13. Notices/Authorized Representatives. Any notices required by this Agreement shall be in writing and shall be deemed to have been properly given if transmitted by hand -delivery, by registered or certified mail with postage prepaid return receipt requested, or by a private postal service, addressed to the parties (or their successors) at the addresses listed on the signature page of this Agreement or such other address as the party may have designated by proper notice. 14. Governing Law and Venue. This Agreement shall be construed in accordance with and governed by the laws of the State of Florida. Venue for any proceedings arising out of this Agreement shall be proper exclusively in Miami -Dade County, Florida. 15.1. This writing contains the entire Agreement of the parties and supersedes any prior oral or written representations. No representations were made or relied upon by either party, other than those that are expressly set forth herein. 15.2. No agent, employee, or other representative of either party is empowered to modify or amend the terms of this Agreement, unless executed with the same Page 6 of 15 formality as this document. 16.1. Contractor acknowledges that all inventions, innovations, improvements, developments, methods, designs, analyses, drawings, reports, compiled information, and all similar or related information (whether patentable or not) which relate to Services to the City which are conceived, developed or made by Contractor during the term of this Agreement ("Work Product") belong to the City. Contractor shall promptly disclose such Work Product to the City and perform all actions reasonably requested by the City (whether during or after the term of this Agreement) to establish and confirm such ownership (including, without limitation, assignments, powers of attorney and other instruments). 16.2. Contractor agrees to keep and maintain public records in Contractor's possession or control in connection with Contractor's performance under this Agreement. The City Manager or her designee shall, during the term of this Agreement and for a period of three (3) years from the date of termination of this Agreement, have access to and the right to examine and audit any records of the Contractor involving transactions related to this Agreement. Contractor additionally agrees to comply specifically with the provisions of Section 119.0701, Florida Statutes. Contractor shall ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed, except as authorized by law, for the duration of the Agreement, and following completion of the Agreement until the records are transferred to the City. 16.3. Upon request from the City's custodian of public records, Contractor shall provide the City with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided by Chapter 119, Florida Statutes, or as otherwise provided by law. 16.4. Unless otherwise provided by law, any and all records, including but not limited to reports, surveys, and other data and documents provided or created in connection with this Agreement are and shall remain the property of the City. 16.5. Upon completion of this Agreement or in the event of termination by either party, any and all public records relating to the Agreement in the possession of the Contractor shall be delivered by the Contractor to the City Manager, at no cost to the City, within seven (7) days. All such records stored electronically by Contractor shall be delivered to the City in a format that is compatible with the City's information technology systems. Once the public records have been delivered upon completion or termination of this Agreement, the Contractor shall destroy any and all duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. Page 7 of 15 16.6. Any compensation due to Contractor shall be withheld until all records are received as provided herein. 16.7. Contractor's failure or refusal to comply with the provisions of this section shall result in the immediate termination of this Agreement by the City. 16.8. Notice Pursuant to Section 119.0701(2)(a). Florida Statutes. IF THE CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE CONTRACTOR'S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS. Custodian of Records: Ellisa L. Horvath, MMC Mailing address: 19200 West Country Club Drive Aventura, FL 33180 Telephone numbe 305-466-8901 Email: horvathe(a�cityofaventura.com lamw 17. Nonassianability. This Agreement shall not be assignable by Contractor unless such assignment is first approved by the City Manager. The City is relying upon the apparent qualifications and expertise of the Contractor, and such firm's familiarity with the City's area, circumstances and desires. 18.Severability. If any term or provision of this Agreement shall to any extent be held invalid or unenforceable, the remainder of this Agreement shall not be affected thereby, and each remaining term and provision of this Agreement shall be valid and be enforceable to the fullest extent permitted by law. h, ID 19.Indeaendent Contractor. The Contractor and its employees, volunteers and agents shall be and remain an independent contractor and not an agent or em ployee of the City with respect to all of the acts and services performed by and under the terms of this Agreement. This Agreement shall not in any way be construed to create a partnership, association or any other kind of joint undertaking, enterprise or venture between the parties. 20.Compliance with Laws. The Contractor shall comply with all applicable laws, ordinances, rules, regulations, and lawful orders of public authorities in carrying out Services under this Agreement, and in particular shall obtain all required permits from all jurisdictional agencies to perform the Services under this Agreement at its own expense. 21. Waiver. The failure of either party to this Agreement to object to or to take affirmative action with respect to any conduct of the other which is in violation of the terms of this Agreement shall not be construed as a waiver of the violation or breach, or of any future violation, breach or wrongful conduct. Page 8 of 15 22.Survival of Provisions. Any terms or conditions of either this Agreement that require acts beyond the date of the term of the Agreement, shall survive termination of the Agreement, shall remain in full force and effect unless and until the terms or conditions are completed and shall be fully enforceable by either party. 23. Prohibition of Contingency Fees. The Contractor warrants that it has not employed or retained any company or person, other than a bona fide employee working solely for the Contractor, to solicit or secure this Agreement, and that it has not paid or agreed to pay any person(s), company, corporation, individual or firm, other than a bona fide employee working solely for the Contractor, any fee, commission, percentage, gift, or any other consideration, contingent upon or resulting from the award or making of this Agreement. 24. Public Entity Crimes Affidavit. Contractor shall comply with Section 287.133, Florida Statutes (Public Entity Crimes Statute), notification of which is hereby incorporated herein by reference, including execution of any required affidavit. 25. Counterparts. This Agreement may be executed in several counterparts, each of which shall be deemed an original and such counterparts shall constitute one and the same instrument. V%&, IV 26.Conflicts. In the event of a conflict between the terms of this Agreement and any exhibits or attachments hereto, the terms of this Agreement shall control. 27. E-Vermfy Affidavit. In accordance with Section 448.095, Florida Statutes, the CITY requires all contractors doing business with the City to register with and use the E- Verify system to verify the work authorization status of all newly hired employees. The City will not enter into a contract unless each party to the contract registers with and uses the E-Verify system. The contracting entity must provide of its proof of enrollment in E-Verify. For instructions on how to provide proof of the contracting entity's participation/enrollment in E-Verify, please visit.. https-//www.everify.gov/faq/how-do-i-provide-proof-of-my-participationenrollment- in-e-verify. By entering into this Agreement, the Contractor acknowledges that it has read Section 448.095, Florida Statutes; will comply with the E-Verify requirements imposed by Section 448.095, Florida Statutes, including but not limited to obtaining E-Verify affidavits from subcontractors; and has executed the required affidavit attached hereto and incorporated herein. 28. Noncoercive Conduct Affidavit. Pursuant to Section 787.06, Florida Statutes, a nongovernmental entity executing, renewing, or extending a contract with a governmental entity is required to provide an affidavit, signed by an officer or a representative of the nongovernmental entity under penalty of perjury, attesting that the nongovernmental entity does not use coercion for labor or services as defined in Section 787.06(2)(a), Florida Statutes. By entering into this Agreement, the Consultant acknowledges that it has read Section 787.06, Florida Statutes, and will comply with the requirements therein, and has executed the required affidavit Page 9 of 15 attached hereto and incorporated herein. [Remainder of page intentionally left blank. Signature pages follow.] Page 10 of 15 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed the day and year as first stated above. CITY OF AVENTURA Bv: Bryan Pegues City Manager Attest: By: Ellisa L. F City Clerl CONTRA( By: Printed Ne Title: Date: Approved as to le I form: By: ■ Page 11 of 15 E-VERIFY AFFIDAVIT In accordance with Section 448.095, Florida Statutes, the City requires all contractors doing business with the City to register with and use the E-Verify system to verify the work authorization status of all newly hired employees. The City will not enter into a contract unless each party to the contract registers with and uses the E-Verify system. The contracting entity must provide of its proof of enrollment in E-Verify. For instructions on how to provide proof of the contracting entity's participation/enrollment in E- Verify, please visit: https://www.e-verify.gov/fag/how-do-i-provide-proof-of-my- participationenrollment-in-e-verify By signing below, the contracting entity acknowledges that it has read Section 448.095, Florida Statutes and will comply with the E-Verify requirements imposed by it, including but not limited to obtaining E-Verify affidavits from subcontractors. ❑ Check here to confirm proof of enrollment in E-Verify has been attached to this Affidavit. Page 12 of 15 AFFIDAVIT ATTESTING TO NONCOERCIVE CONDUCT FOR LABOR OR SERVICES Nongovernment Entity Name Vendor FEIN: Address: Phone Number: E-Mail Address: PACKETALK, LLC ("Vendor") As a nongovernmental entity executing, renewing, or extending a contract with the City of Aventura, Florida, Vendor is required to provide an affidavit under penalty of perjury attesting that Vendor does not use coercion for labor or services, and is in compliance with Section 787.06, Florida Statutes. As defined in Section 787.06(2)(a), Florida Statutes, coercion means: 1. Using or threating to use physical force against any person; 2. Restraining, isolating, or confining or threating to restrain, isolate, or confine any person without lawful authority and against her or his will; 3. Using lending or other credit methods to establish a debt by any person when labor or services are pledged as a security for the debt, if the value of the labor or services as reasonably assessed is not applied toward the liquidation of the debt, the length and nature of the labor or service are not respectively limited and defined; 14111111F 4. Destroying, concealing, removing, confiscating, withholding, or possessing any actual or purported passport, visa, or other immigration document, or any other actual or purported government identification document, of any person; 5. Causing or threating to cause financial harm to any person; 6. Enticing or luring any person by fraud or deceit; or 7. Providing a controlled substance as outlined in Schedule I or Schedule II of Section 893.03, Florida Statutes to any person for the purpose of exploitation of that person. 1%J1%01h, 'ammmmmmm� As a person authorized to sign on behalf of Vendor, I certify that Vendor does not use coercion for labor or services, and is in compliance with Section 787.06, Florida Statutes. Written Declaration Under penalties of perjury, I declare that I facts stated in it are true. Signature Print Name have read the foregoing Affidavit and that the Date Title Page 13 of 15 PROHIBITION AGAINST CONTRACTING WITH PARTIES THAT BOYCOTT ISRAEL Section 2-162, City Code; Section 287.135, Florida Statutes Company Name: PACKETALK, LLC As an authorized representative of the above -named company ("Company"), I hereby certify and agree as follows: 1. Certification Regarding the Scrutinized Companies that Boycott Israel List: The Company and its subcontractors are not listed on the Scrutinized Companies that Boycott Israel List as established and maintained pursuant to Section 287.135, Florida Statutes. The Company and its subcontractors do not and will not engage in a boycott of Israel as defined in Section 287.135, Florida Statutes, during the term of any contract entered into with the City. 2. Acknowledgment of Contract Termination Provisions: understand that, pursuant to Section 287.135(5), Florida Statutes, if the Company submits a false certification, is placed on the Scrutinized Companies that Boycott Israel List, or engages in a boycott of Israel during the term of the contract, the City shall terminate the contract. lqmkl 3. Additional Certifications for Contracts Valued at $1 Million or More: (Applicable only if the value of the contract exceeds $1 million.) • The Company and its subcontractors are not listed on the following lists as established under Section 287.135, Florida Statutes: o Scrutinized Companies with Activities in Sudan List, o Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List. • The Company and its subcontractors do not engage in business operations in Cuba or Syria as defined under Section 287.135, Florida Statutes. • I understand that if the Company or its subcontractors submit a false certification, are placed on these scrutinized companies lists, or engage in prohibited business operations during the term of the contract, the City shall terminate the contract. 4. Subcontractor Compliance: The Company agrees to ensure that all applicable subcontractors observe these requirements for the duration of the contract. 5. Inoperability of Provisions: The Company acknowledges that if federal law ceases to authorize the prohibitions stated in Section 287.135, Florida Statutes, then the prohibitions shall become inoperative in accordance with Subsection 287.135(8), Florida Statutes. Page 14 of 15 PROHIBITION AGAINST CONTRACTING WITH PARTIES THAT BOYCOTT ISRAEL (CONT'D.) I certify that I am authorized to execute this Certification on behalf of the Company and that the information provided above is true and correct. Signature Print Name Date Page 15 of 15 P/ D<ETALK ' Service Level Agreement (SLA) This Service Level Agreement for the Provision of City -Wide TVMS camera system and Maintenance for the City of Aventura, effective as of September Is', 2025 ("effective date"), is made and entered into by Aventura Police Department. ("Customer"), located at 19200 W. Country Club Dr., Aventura, FL 33180 and Packetalk, LLC.,163 Stuyvesant Avenue Lyndhurst, NJ 07071. Hereinafter referred to respectively as "Customer" and "Packetalk" or collectively as "the Parties". 1. Definitions High Priority Classification: A problem that would make the system inoperable or unworkable, e.g., a software malfunction that causes a software component of the solution to become inoperable or the integrity of the data stored by the system to be compromised. Medium Priority Classification A problem which is inconvenient but does not reduce the system's operational capacity e.g., an issue that causes a software component of the solution _ to exhibit behavior that is outside of optimal operating conditions. This may result in performance or minor functional deficiencies. The problem is non -critical and does not affect the functional integrity of the solution as a whole. Low Priority Classification A problem of a minor nature e.g., a minor software malfunction. This may affect the usability of the system under a given set of conditions but X does not affect the integrity of the solution as a whole. w a. Termination. The term of this Agreement shall commence on the effective date and shall expire on September 30th, 2036. 2. Packetalk' s Obligations 3.1 Service and Support. Packetalk agrees to provide all support and maintenance necessary to keep the Customer's TVMS surveillance camera system functional and in good working order, including but not limited to the following: • Maintain complete operational continuity for the entire TVMS surveillance systems; • Respond in a timely manner to all communications regarding a system problem in accordance with section 3.2; • Monitor the system to proactively identify and rectify any problems with wireless network, fiber network, cameras and servers. • Packetalk to replace existing TVMS cameras ( 27 cameras) 163 Stuyvesant Avenue Lyndhurst, NJ 07071 P 201-355-3323- F 201-603-6405 FACKCTALK ', • Packetalk to install an additional 50 cameras to existing camera system 0 25 x Packetalk 180 degrees Al based 8K cameras 0 15 x Packetalk Al based 4k 36x Pan tilt zoom cameras 0 10 x Packetalk 4k ALPR bullet cameras • Packetalk to install Packetalk 4.9 GHz public -safety band wireless network to support additional cameras • Packetalk to install Packetalk 4.9 GHz public -safety band wireless network around Aventura Mall to eliminate sim cards and monthly fees • Packetalk to install 600AH SNMP solar system at 203 and Biscayne BLVD • Packetalk to provide routine, preventative maintenance, including but not limited to seasonal waterproofing and regular camera lens cleaning, software updates, and firmware enhancements; • Packetalk will ingest the Customer's existing Open Network Video Interface Forum "ONVIF" cameras from around police station, parks and around town, at no Charge • Packetalk will ingest into PTVAS " one system " all existing and future cameras, both Packetalk deployed and non Packetalk deployed cameras at no additional Q charge. • NO Licensing, software or hosting fees to the Customer for Packetalk cameras and non-Packetalk cameras • Maintain compliance with local, state and federal laws and guidelines X • Packetalk shall repair or replace any Packetalk deployed failed devices and/or w cameras with National Defense Authorization Act "NDAA" compliant equipment at no cost for the term of this agreement, notwithstanding the following; o Scheduled network maintenance activities by Packetalk to include software upgrades, server system updates and upgrades. o Customer's applications, equipment or facilities o Acts or omissions of Customer or any user of Customer's service o Acts of God o Terrorist acts o Earthquake o MVC accidents o Or other occurrences which are beyond Packetalk' s reasonable control • Packetalk will not use colocation being at the Customer's police station to market verbally, on its website or any other means of advertising 2/9 163 Stuyvesant Avenue Lyndhurst, NJ 07071 P 201-355-3323- F 201-603-6405 11 P/ D<ETnLK • Packetalk is responsible to maintain system -wide operations, repair or replace any defective equipment. 3.2 Response Times. Packetalk shall provide a resolution plan within the following time frames: High Priority: 12 working hours Medium Priority: 36 hours Low Priority: 48 hours 3.3 Service and Support Contact Details. Email: support 2packetalk.net Technical Support: 201-355-3323 Florida State, GM Sean Bergert 786-350-0061 Operations Manager, Harold Mejia: 201-205-6946 Operations Director, James McNamara: 646-423-0503 — Q Chief Technology Officer, Preet Desai: 267-467-2020 Chief Finance Officer, Edgard Bueno: 201-694-3990 ♦--+ Vice President of Business Development, Antonio Zakhary: 201-923-6240 President, Tamer Zakhary: 201-566-4551 X Aventura Police Department's Obligations W Customer agrees to: • Remit payment for all service and support fees in accordance with section 5. • Provide all fiber and wireless maps of existing system • Provide all IP addresses and credentials of existing system • Provide all keys and combos to existing lockboxes • Whitelist Packetalk PTVAS VMS client for users to install • Make a customer representative(s) reasonably available to liaison with Packetalk when resolving a service -related incident or request. • Facilitate Florida FCIC/NCIC access • Responsible for Cellular service fees to support communications for trailers, cameras and mobile command • Responsible for facilitating access and pole attachment permissions 3/9 163 Stuyvesant Avenue Lyndhurst, NJ 07071 P 201-355-3323- F 201-603-6405 FACKCTALK • Provide Physical security to server room • Provide access cards to approved employees for 24/7/365 equipment support 5. Fees and Payments. The annual fee for the services and goods provided by Packetalk will be in the amount of $125,000.00 annually, for the term of this agreement. 6. Miscellaneous. The validity of this Agreement and of any of its terms or provisions, as well as the rights and duties of the parties hereunder, shall be governed by the laws of the State of Florida and venue shall be in Miami Dade County, Florida. 7. Except as otherwise provided in the Agreement, notices, demands, requests or other communications which are given or required pursuant to the Agreement shall be in writing and shall be delivered by first class, registered or certified mail, postage prepaid, or by hand (including third -party courier or nationally recognized overnight service) or email to a party's address indicated in the Agreement. Each party agrees to provide the other notice of any address change. 8. Each and every report, draft, work product, map, record, and other document reproduced, prepared, or caused to be prepared by Packetalk pursuant to or in connection with this Agreement shall be the exclusive property of the Customer or respective law enforcement agency. Notwithstanding the foregoing, Packetalk reserves all rights to its patents, know-how, copyrights, trademarks or other industrial property rights and does not transfer any title rights to such patents, know-how, copyright, trademark or other industrial property rights. For the avoidance of doubt, the Customer acknowledges that no license, use or other rights to Packetalk's patents, know-how, copyrights, trademarks or other industrial property rights is granted or assigned by the Agreement or any of an Order to the Customer, except the usual non-exclusive rights to the ordinary use of the delivered equipment. 9. The Customer retains all rights to Data generated by Packetalk's system provided to the Customer. Upon termination of the Agreement, a copy of all Data generated by Packetalk will be created and provided to the Customer. Data will be used by the Customer for law enforcement purposes only. Customer understands and agrees they will be sharing ALPR data nationally with law enforcement agencies and data retention polices vary from state to state. ALPR data can be used in support of prosecution of a crime and must be held throughout investigation and or trial period which may exceed Customers retention period. Packetalk agrees to adhere to all data retention and integrity laws on local, State and National Criminal Justice Information Services "CJIS" data policies. 10. Notwithstanding protections afforded by FSS 768.28, Pursuit of any remedy hereunder or under applicable law by either party shall not prevent such party from pursuing any other available remedy and shall not operate as an election of remedies. 11. Except for payment obligations, neither party will be responsible for performance of its obligations hereunder where delayed or hindered by war, terrorism, riots, embargoes, strikes or acts of its vendors, suppliers, accidents, acts of God or any other event beyond its reasonable control. 4/9 163 Stuyvesant Avenue Lyndhurst, NJ 07071 P 201-355-3323- F 201-603-6405 X w P/ D<C-TnLK ' 12. The Agreement may be executed in two or more counterparts, each of which shall be deemed an original and all of which together will constitute one agreement. 13. Packetalk agrees to indemnify and hold harmless the Customer from and against any and all losses, penalties, damages, settlements, costs, charges, professional fees, attorneys fees and other expenses or liabilities or every kind and character arising out of or relating to any and all claims, liens, demands, obligations, actions, proceedings or causes of action of every kind and character arising out of or relating to any negligent act, error or omission by Packetalk (including its employees and agents) in the performance of this Agreement. However, Packetalk shall not be responsible to indemnify and hold harmless the Customer for the negligence of the Customer. 14. Nothing in this Agreement shall be deemed or treated as a waiver of any immunity to which the Customer is entitled by law, including but not limited to the sovereign immunity protections as set forth in Section 768.28, Florida Statutes. 15. This Agreement, including Addendum "A," supersedes any and all other TVMS Agreements, either oral or in writing, between the parties hereto with respect to the subject matter hereof, and no other Agreement, statement, or promise relating to the subject matter of this Agreement which is not contained herein shall be valid or binding. 16. Nothing under this Agreement shall be construed to give any rights or benefits to any party other than the Customer and Packetalk All duties and responsibilities under this Agreement shall be for the sole and exclusive benefit of the Customer and Packetalk and not for the benefit or any other party. Packetalk shall not assign any right or interest in this Agreement, and shall not delegate any duty owed, without the Customer's prior written consent. Any attempted assignment or delegation shall be void and totally ineffective for all purposes and shall constitute a material breach upon which the Customer may immediately terminate or suspend this Agreement. 17. Pursuant to Section 119.071, Florida Statutes: IF PACKETALK HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO PACKETALK'S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS CONTRACT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT (305-466-8080 apdrecords(aaventurapolice.com 19200 W. Country Club Dr. Aventura, Fl. 33180) . Packetalk is required to comply with public records laws, specifically to: 1. Keep and maintain public records required by the public agency to perform the service. • 2. Upon request from the public agency's custodian of public records, provide the public agency with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in this chapter or as otherwise provided by law. • 3. Ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed except as authorized by law for the duration of the contract term and following completion of the contract if the Packetalk does not transfer the records to the public agency. 5/9 163 Stuyvesant Avenue Lyndhurst, NJ 07071 P 201-355-3323- F 201-603-6405 At X w PA.ACKCTnLK ' • 4. Upon completion of the contract, transfer, at no cost, to the public agency all public records in possession of the Packetalk or keep and maintain public records required by the public agency to perform the service. If the Packetalk transfers all public records to the public agency upon completion of the contract, the Packetalk shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. If the Packetalk keeps and maintains public records upon completion of the contract, the Packetalk shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to the public agency, upon request from the public agency's custodian of public records, in a format that is compatible with the information technology systems of the public agency. 18. Scrutinized Companies List. Packetalk certifies that it and its subcontractors are not on the Scrutinized Companies that Boycott Israel List. Pursuant to Section 287.135, F.S., the Customer may immediately terminate this Agreement at its sole option if PACKETALK or its subcontractors are found to have submitted a false certification or if PACKETALK, or its subcontractors are placed on the Scrutinized Companies that Boycott Israel List or is engaged in the boycott of Israel during the term of the Agreement. If this Agreement is for more than one million dollars, PACKETALK certifies that it and its — subcontractors are also not on the Scrutinized Companies with Activities in Sudan, Scrutinized Q Companies with Activities in the Iran Petroleum Energy Sector List, or engaged with business operations in Cuba or Syria as identified in Section 287.135, F.S. Pursuant to Section 287.135, F.S., the Customer may immediately terminate this Agreement at its sole option if PACKETALK, its affiliates, or its subcontractors are found to have submitted a false certification; or if PACKETALK, its affiliates, or its subcontractors are placed on the Scrutinized Companies with X Activities in Sudan List, or Scrutinized Companies with Activities in the Iran Petroleum Energy w Sector List, or engaged with business operations in Cuba or Syria during the term of the Agreement. Packetalk agrees to observe the above requirements for applicable subcontracts entered into for the performance of work under this Agreement. As provided in Subsection 287.135(8), F.S., the contracting prohibitions in this section applicable to companies on the Scrutinized Companies with Activities in Sudan List or the Scrutinized Companies with Activities in Iran Terrorism Sectors List or to companies engaged in business operations in Cuba or Syria become inoperative on the date that federal law ceases to authorize the states to adopt and enforce such contracting prohibitions. 19. E-Verify System 6/9 163 Stuyvesant Avenue Lyndhurst, NJ 07071 P 201-355-3323- F 201-603-6405 PA. CKCTnLK Pursuant to Section 448.095(5), Florida Statutes, PACKETALK and any subcontractor thereof, agrees to register with and use the E-Verify system to verify the work authorization status of all new employees of the Packetalk or subcontractor. If PACKETALK enters into a contract with a subcontractor, the subcontractor must provide Packetalk with an affidavit stating that the subcontractor does not employ, contract with, or subcontract with an unauthorized alien. Packetalk shall maintain a copy of such affidavit for the duration of the contract. 20. Public Entity Crime Pursuant to Section 287.133(3)(a), Florida Statutes, all invitations to bid, requests for proposals, and invitations to negotiate, as defined in s. 287.012, and any contract document described by s. 287.058 shall contain a statement informing persons of the provisions of paragraph (2)(a), as follows: A person or affiliate who has been placed on the convicted vendor list following a conviction for a public entity crime may not submit a bid, proposal, or reply on a contract to provide any goods or services to a public entity; may not submit a bid, proposal, or reply on a contract with a public entity for the construction or repair of a public building or public work; may not submit bids, proposals, or replies on leases of real property to a public entity; may not be awarded or perform Q work as a Packetalk, supplier, subcontractor, or consultant under a contract with any public entity; = and may not transact business with any public entity in excess of the threshold amount provided in s. 287.017 for CATEGORY TWO for a period of 36 months following the date of being placed on the convicted vendor list X City of Aventura Police Department: W Signature Title: Chief of Police Print name: Michael Bentolila Date: November 6th, 2024 City of Aventura: Signature Title: City Manager 7/9 163 Stuyvesant Avenue Lyndhurst, NJ 07071 P 201-355-3323- F 201-603-6405 P/ D<C-TALK ' Print name: Bryan Pegues Date: November 6th, 2024 Packetalk, LLC: Signature Title Print name Date Addendum "A": Affidavit Attesting to Noncoercive Conduct for Labor or Services Per HB 7063-2024 Nongovernment Entity name Vendor FEIN: Address: City: Lyndhurst Phone number: 201-355-332 Packetalk LLC ("Vendor") 26-3314846 163 St&vesant Avenue State: New Jersey Zip: 07071 Email Address: Tamerz kpacketalk.net As a nongovernmental entity executing, renewing, or extending a contract with a government entity, Vendor is required to provide an affidavit under penalty of perjury attesting that Vendor does not use coercion for labor or services in accordance with Section 787.06, Florida Statutes. As defined in Section 787.06(2)(a), coercion means: 1. Using or threatening to use physical force against any person; 2. Restraining, isolating, or confining or threatening to restrain, isolate, or confine any person without lawful authority and against her or his will; 3. Using lending or other credit methods to establish a debt by any person when labor or services are pledged as a security for the debt, if the value of the labor or services as 8/9 163 Stuyvesant Avenue Lyndhurst, NJ 07071 P 201-355-3323- F 201-603-6405 al- X w FAC-CCTnLK ' reasonably assessed is not applied toward the liquidation of the debt, the length and nature of the labor or service are not respectively limited and defined; 4. Destroying, concealing, removing, confiscating, withholding, or possessing any actual or purported passport, visa, or other immigration document, or any other actual or purported government identification document, of any person; 5. Causing or threatening to cause financial harm to any person; 6. Enticing or luring any person by fraud or deceit; or 7. Providing a controlled substance as outlined in Schedule I or Schedule II of Section 893.03 to any person for the purpose of exploitation of that person. As a person authorized to sign on behalf of Vendor, I certify that Vendor does not use coercion for labor or services in accordance with Section 787.06. Written Declaration Under penalties of perjury, I declare that I have read the foregoing Affidavit and that the _ facts stated in it are true. Q By: Authorized Signature X Print Name and Title: W Date: 9/9 163 Stuyvesant Avenue Lyndhurst, NJ 07071 P 201-355-3323- F 201-603-6405 FACKCTA- LK Installment Payment Plan (IPP) #871873 Between Packetalk. ("Payee") 163 Stuyvesant Avenue Lyndhurst, NJ 07071 And Aventura Police Department County Of Dade 19200 W. Country Club Dr., Aventura, FL 33180 Payments with Payment Due Dates as follows: Upon signing -October 2025 $125,000 Due on or before October 2026 $125,000 Due on or before October 2027 $125,000 Due on or before October 2028 $125,000 Due on or before October 2029 $125,000 Due on or before October 2030 $125,000 Due on or before October 2031 $125,000 Due on or before October 2032 $125,000 Due on or before October 2033 $125,000 Due on or before October 2034 $125,000 Customer Acknowledgment: The foregoing Payment Schedule correctly sets forth all Payments to be made by the Customer pursuant to this IPP in regards to Customer's purchase of surveillance system for Aventura Police Department. The Customer further acknowledges that the Customer's obligations to pay Payee and/or any assignee of Payee all Payments and other amounts due under this IPP are absolute, unconditional, non -cancellable and not subject to abatement, setoff, claim, counterclaim, adjustment or defense of any kind, unless an exception is obtained from the Payee (or Payee's assignee) in writing in advance of the ensuing Payment due date. Payee has the right to assign its rights, title and interest under this IPP to a third party. Dated: Packetalk By: Name: Tamer Zakhary Aventura Police Department By: Name: Title: CEO Title: At X W , 9,r ; FAC-CC .ELK CERTIFICATE OF INCUMBENCY AND AUTHORITY of Aventura Police Department., do hereby certify that: 1. I, the Certifying Representative, am the Department of Aventura Police 2. Set forth below are the names and true signatures of individuals (each an "Authorized Representative") that I know to be an officer, manager, member or representative of Trustees of Aventura Police Department with the title set forth opposite his or her respective name. 3. Each Authorized Representative has the requisite power and authority to bind Aventura Police Department, and sign on behalf of the Authority, any and all agreements, including, but not limited to, installment payment agreements, leases, loans, guaranties and/or collateral pledges (each an "Authorized Transaction"), with Packetalk. ("PT") and the specimen signature written opposite each such Authorized Representative's name is such Authorized Representative's genuine signature. Until PT receives notice in writing of any change or limitation of the authority of the Authorized Representative(s), PT may rely upon the authority and power of such Authorized Representatives to bind the Company in connection with Authorized Transactions as set forth in this Certificate. Title Name of Authorized Representative Signature 4. All previous acts of, and all documents and papers heretofore executed and delivered by, any Authorized Representative in connection with any Authorized Transaction are ratified and approved as the acts of the Company. IN WITNESS WHEREOF, the undersigned Certifying Representative has executed this Certificate as of , 2024. Certifying Representative's Signature: ** Print Name: Title: ** When preparing this Certificate, please note: (1) The Certifying Representative cannot be the Authorized Representative (2) One of the Authorized Representatives has executed all of the documents (3) The Certifying Representative confirms that the Authorized Representative(s), is/are authorized to execute binding agreements on behalf of the Company X w 11-13-12 Customer Service/Billing Information Form Customer: Aventura Police Department Please provide us with the following information so that we may better meet your invoicing needs. Billing Information: Accounts Payable Contact Name: Accounts Payable Email: =' Accounts Payable Phone: Accounts Payable Fax: Billing Address: City/State/Zip: x w Equipment Address: City/State/Zip: * Purchase Order #: * Other: * ifprovided, the above reference(s) will be listed on each invoice. Completed By: Title: CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Bryan Pegues, City Manager DATE: May 30, 2025 SUBJECT: Resolution Authorizing City Manager to Adopt Hearing Procedures for School Zone Speed Detection Appeals June 3, 2025 City Commission Meeting Agenda RECOMMENDATION It is recommended that the City Commission approve the attached resolution to enable the City Manager to adopt procedures for school zone speed detection hearings consistent with Chapter 316, Florida Statutes. BACKGROUND In 2023, the Florida Legislature passed legislation permitting local government to implement school zone speed detection systems, provided an ordinance was adopted adhering to all of the provisions set forth in state law. In 2024 and 2025 (Ordinances No. 2024-15 and 2025-06), the City Commission amended the City Code to authorize the placement, installation, and operation of speed detection systems at three City school zones. Thereafter, and in order to comply with state law, local governments must pass a resolution indicating the government will adhere to the hearing procedures enumerated in Chapter 316 in connection with hearings for those wishing to contest the citations issued by the school zone detection systems. BUDGETARY IMPACT It is difficult to discern the impact of the resolution. While resources will be expended for staff time spent on processing requests for hearings, as well as the cost of holding the hearings, those who appeal the citations and are unsuccessful will pay higher fines which could help to offset the costs associated with the administration of this program. CITY OF AVENTURA RESOLUTION NO. 2025- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AUTHORIZING THE CITY MANAGER TO ADOPT PROCEDURES FOR SCHOOL ZONE SPEED DETECTION HEARINGS CONSISTENT WITH SECTION 316.0083(5) AND SECTION 316.1896(14), FLORIDA STATUTES; AUTHORIZING THE CITY MANAGER TO DESIGNATE A CITY EMPLOYEE TO SERVE AS CLERK TO THE CITY HEARING OFFICER; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Code Commission enacted Ordinances 2024-15 and 2025-06 to amend the City Code to authorize the placement, installation and operation of speed detection systems at three school zones within the City of Aventura: and WHEREAS, pursuant to Section 316.1896, local governments electing to enforce school zone speed detection violations, shall by resolution agree to follow the procedures established by F.S. 316.0083(5) and F.S. 316.1896(14) when conducting hearings associated with school zone speed detection violations; and WHEREAS, state law further requires that the local government designate an existing staff member to serve as the clerk to the local hearing officer; and WHEREAS, it is in the best interest of the City to authorize the City Manager to adopt hearing procedures for school zone appeals consistent with state law, including the designation of a City employee to serve as the clerk to the hearing officer(s). NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA: Section 1. That the City Manager is hereby authorized to adopt procedures for school zone speed detection hearings in uniformity with state law. Section 2. That the City Manager is hereby authorized to designate a City staff member to serve as the clerk to the hearing officer(s). Section 3. That the City Manager is hereby authorized to do all things necessary to carry out the aims of this Resolution. Section 4. That this Resolution shall become effective immediately upon its adoption. City of Aventura Resolution No. 2025- The foregoing Resolution was offered by Commissioner , who moved its adoption. The motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg PASSED AND ADOPTED this V day of June, 2025. HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. Page 2 of 2 CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Bryan Pegues, City Manager DATE: May 30, 2025 SUBJECT: Appointment of Members to the Community Service Advisory Board June 3, 2025 City Commission Meeting Agenda RECOMMENDATION It is recommended that the City Commission approve the appointment of members to the City of Aventura Community Service Advisory Board for the upcoming two-year term. The proposed appointments will serve from June 2025 through June 2027 and support the City's ongoing commitment to resident engagement and community -focused services. APPOINTED MEMBERS Bruce Davidson Joseph Lekach Donna Mairs Daniel Naim Marjorie Rosenblatt Sherry Superfine Rocio Lopez Varela CITY OF AVENTURA RESOLUTION NO. 2025- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, APPROVING THE APPOINTMENT OF MEMBERS TO THE CITY OF AVENTURA COMMUNITY SERVICES ADVISORY BOARD FOR A TWO-YEAR TERM ENDING IN JUNE 2027; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Section 2-121 of the Aventura City Code provides for the creation of the Community Services Advisory Board; and WHEREAS, in accordance with the provisions of Section 3.11 of the Aventura City Charter, the City Commission wishes to approve the Mayor's appointment of members to the Community Services Advisory Board. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. The City Commission hereby approves the appointment by the Mayor of the following individuals to serve as members of the Community Services Advisory Board for a two-year term, from June 2025 through June 2027: Bruce Davidson Joseph Lekach Donna Mairs Daniel Nairn Marjorie Rosenblatt Sherry Superfine Rocio Lopez Varela Section 2. This Resolution shall become effective immediately upon its adoption. City of Aventura Resolution No. 2025- The foregoing Resolution was offered by Commissioner , who moved its adoption. The motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg PASSED AND ADOPTED this V day of June, 2025. HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. Page 2 of 2 CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Bryan Pegues, City Manager BY: Melissa Cruz — Finance Director DATE: May 30, 2025 SUBJECT: Annual Comprehensive Financial Report (ACFR) Fiscal Year Ended September 30, 2024 June 3, 2024 City Commission Meeting Agenda RECOMMENDATION It is recommended that the City Commission approve the following motion: "A MOTION TO ACCEPT FOR FILING OF THE ANNUAL COMPREHENSIVE FINANCIAL REPORT (ACFR) FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024 AND THE LETTER DATED MAY 21, 2025 ATTACHED HERETO AS ATTACHMENT A." BACKGROUND The ACFR, a letter from our independent auditors — Citrin Cooperman and a staff - prepared memorandum (dated May 21, 2025 and May 30, 2025, respectively), were distributed electronically to the City Commission on May 30, 2025. The Rules of the Auditor General, Chapter 10.550, require that the ACFR be filed as an official record at a public meeting. This motion satisfies that requirement. In addition, the auditors have requested that their letter dated May 21, 2025, identified as "Attachment A" on the staff -prepared memorandum, be accepted for filing with the City Commission. A representative from the auditing firm will be present at the June 3rd City Commission meeting. ATTACHMENTA A Letter from our Independent Auditors — Citrin Cooperman, LLC Dated May 21, 2025 Citrin Cooperman & Company, LLP Certified Public Accountants COOPERMAN'. 6550 N Federal Hwy, 4th Floor Fort Lauderdale, FL 33308 T : 954.771.0896 F 954.938.9353 cittincooperman.com May 21, 2025 To the Honorable Mayor, City Commission and City Manager City of Aventura, Florida Aventura, Florida We have audited the financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of City of Aventura, Florida (the "City") for the year ended September 30, 2024. Professional standards require that we provide you with information about our responsibilities under generally accepted auditing standards and Government Auditing Standards, as well as certain information related to the planned scope and timing of our audit. We have communicated such information in our letters to you dated July 30, 2024 and January 14, 2025. Professional standards also require that we communicate to you the following information related to our audit. Significant Audit Matters Qualitative As ects of Accounting Practices Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by the City are described in Note 1 to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during the year ended September 30, 2024 except for the implementation of GASB Statement No. 100, Accounting Changes and Error Corrections. We noted no transactions entered into by the City during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period. Accounting estimates are an integral part of the financial statements prepared by management and are based on management's knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimate affecting the City's financial statements was as follows: • Net pension liability related to the Police Officers Retirement Plan - The City contracted the services of pension consultants/actuaries and properly recorded the required activity to the City's accounting records in accordance with GASB Statement No. 68, Accounting and Financial Reporting for Pensions - An Amendment of GASB Statement No. 27 and other applicable governmental accounting pronouncements. • Net OPEB obligation - In Florida, state statutes require that the employer make health insurance coverage available to retirees at the employer's group rate. This creates an implicit cost arising as a result of the blended rate premium since retiree health care costs, on average, are higher than those of active employee healthcare costs. The City obtained an actuarial valuation to disclose and record its estimated costs and liability (asset) in accordance with the requirements of GASB Statement No. 75, Accounting and Financial Reporting for Post -Employment Benefits Other than Pensions (OPEB). "Citrin Cooperman" is the brand under which Citrin Cooperman & Company, UP, a licensed independent CPA firm, and Citrin Cooperman Advisors LLC serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors LLC are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNL). All the firms associated with MNA are independently owned and managed entities. Their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. Citrin Cooperman & Company, LLP CITRINCOOPERMAN" City of Aventura, Florida May 21, 2025 Page 2 The financial statement disclosures are neutral, consistent, and clear. Difficulties Encountered in Performing the Audit We encountered no difficulties in dealing with management in performing and completing our audit. Corrected and Uncorrected Misstatements Professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that are clearly trivial, and communicate them to the appropriate level of management. There are no uncorrected misstatements. Adjusting journal entries were posted during the audit and are attached to this letter as exhibit A. Disagreements gith Management For purposes of this letter, a disagreement with management is a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditor's report. We are pleased to report that no such disagreements arose during the course of our audit. Management Representations We have requested certain representations from management that are included in the management representation letter dated May 21, 2025. Management Consultations nrith Other Independent Auditors In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a "second opinion" on certain situations. If a consultation involves application of an accounting principle to the City's financial statements or a determination of the type of auditor's opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants. OtherAudit Findings or Issues We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as the City's auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention. "Citrin Cooperman' is the brand under which Citrin Cooperman & Company, LLP, a licensed independent CPA firm, and Citrin Cooperman Advisors LLC serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors LLC are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNL). All the firms associated with MNA are independently owned and managed entities. Their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. Citrin Cooperman & Company, LLP CITRINCOOPERMAN" City of Aventura, Florida May 21, 2025 Page 3 Other Matters We applied certain limited procedures to the management's discussion and analysis, budget and actual schedules, and schedules related to pensions and other post -employment benefits which are required supplementary information (RSI) that supplements the basic financial statements. Our procedures consisted of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We did not audit the RSI and do not express an opinion or provide any assurance on the RSI. We were engaged to report on the budgetary comparison schedules and combining and individual fund financial statements and schedules which accompany the financial statements but are not RSI. With respect to this supplementary information, we made certain inquiries of management and evaluated the form, content, and methods of preparing the information to determine that the information complies with accounting principles generally accepted in the United States of America, the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves. We were not engaged to report on the introductory and statistical sections, which accompany the financial statements but are not RSI. Such information has not been subjected to the auditing procedures applied in the audit of the basic financial statements, and accordingly, we do not express an opinion or provide any assurance on it. Restriction of Use This information is intended solely for the use of the City Commission and management of the City and is not intended to be, and should not be, used by anyone other than these specified parties. Very truly yours, CITRIN COOP R-i-1N & COI\1P ANY LP "Citrin Cooperman" is the brand under which Citrin Cooperman & Company, LLP, a licensed independent CPA firm, and Citrin Cooperman Advisors LLC serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors LLC are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNL). All the firms associated with MNA are independently owned and managed entities. Their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. Exhibit A CITY OF AVENTURA Adjusting Journal Entries Account Description Debit Credit Net Income Effect 01 To accrue for AP expense Ck 120334 KCI Tech 410-0000-164.90-10 GENERAL/ STORMWATER DRAINAGE 410-0000-202.00-00 LIABILITIES / ACCOUNTS PAYABLE Total 02 To reclass Capital Outlay 191-6008-569.12-11 EMPLOYEE SALARIES / ADMINISTRATORS 191-6010-569.64-10 EQUIPMENT / OFFICE Total GRAND TOTAL 80,850.00 0.00 0.00 80.850.00 80,850.00 80,850.00 0.00 0.00 283,689.00 283.689.00 0.00 283,689.00 283,689.00 0.00 364,539.00 364,539.00 0.00 � AVE •' f.: AQW �. _t+�h a �f•°. i ° ,� '.- .. #4.a _ V- °',� _ er ALI L I •� ._Tf�, k• ems. � �i' - �_ y �'. , a _ L ��.• Bey. r L !'.'ter �L'• �-#� 7','} ' S~, City of Aventu ra Annual T Financial ort L '' 01 rd ' For the Fiscal Year Ended September 30, 2024 ANNUAL COMPREHENSIVE FINANCIAL REPORT OF THE CITY OF AVENTURA, FLORIDA FOR THE YEAR ENDED SEPTEMBER 30, 2024 Prepared By The Finance Department Melissa Cruz, Finance Director Brent Rogers, Controller City of Aventura, Florida Annual Comprehensive Financial Report For the Fiscal Year Ended September 30, 2024 Introductory Section (Unaudited): Letter of Transmittal i-ix List of Principal Officials x Organizational Chart xi GFOA Certificate of Achievement xii Financial Section: Independent Auditor's Report 1-4 Management's Discussion and Analysis (Unaudited) 5-14 Basic Financial Statements: Government - Wide Financial Statements: Statement of Net Position 15 Statement of Activities 16 Fund Financial Statements: Balance Sheet - Governmental Funds 17 Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position 18 Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds 19 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities 20 Statement of Net Position - Proprietary Fund 21 Statement of Revenues, Expenses and Changes in Net Position - Proprietary Fund 22 Statement of Cash Flows - Proprietary Fund 23 Statement of Net Position - Fiduciary Fund - Police Officers' Retirement Plan 24 Statement of Changes in Net Position - Fiduciary Fund - Police Officers' Retirement Plan 25 Notes to Basic Financial Statements 26-59 Required Supplementary Information (Unaudited): Budgetary Comparison Schedules: General Fund 61 American Rescue Plan Act Fund 62 Aventura City of Excellence School Fund 63 Don Soffer Aventura High School Fund 64 Citizens' Independent Transportation Trust (CITT) Fund 65 Notes to Budgetary Comparison Schedules 66 Schedule of Changes in Net Pension Liability and Related Ratios - Police Officers' Retirement Plan 67 Schedule of Contributions - Police Officers' Retirement Plan 68 Schedule of Investment Returns - Police Officers' Retirement Plan 69 Schedule of Changes in Total OPEB Liability and Related Ratios — Other Post -Employment Benefits 70 Supplementary Information: Combining and Individual Fund Financial Statements: Combining Balance Sheet - Nonmajor Governmental Funds 71 City of Aventura, Florida Annual Comprehensive Financial Report For the Fiscal Year Ended September 30, 2024 (continued) Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Nonmajor Governmental Funds 72 Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Special Revenue Funds 73-78 Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Debt Service Funds 79-82 Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Capital Projects Funds 83 Statistical Section (Unaudited): Net Position by Component 84 Changes in Net Position 85-86 Governmental Activities Tax Revenues by Source 87 Fund Balances of Governmental Funds 88 Changes in Fund Balances of Governmental Funds 89 General Governmental Revenues by Source 90 Assessed Value and Estimated Actual Assessed Value of Taxable Property 91 Property Tax Rates - Direct and Overlapping Governments 92 Principal Property Taxpayers 93 Property Tax Levies and Collections 94 Ratios of Outstanding Debt by Type 95 Ratios of General Bonded Debt Outstanding 96 Direct and Overlapping Governmental Activity Debt 97 Legal Debt Margin Information 98 Demographic and Economic Statistics 99 Occupational Employment by Group - Miami -Dade County, Florida 100 Full -Time Equivalent City Government Employees by Function 101 Operating Indicators by Function 102 Capital Asset Statistics by Function 103 Compliance Section: Independent Auditor's Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 104-105 Independent Auditor's Report on Compliance for Each Major Federal Program and on Internal Control over Compliance Required by the Uniform Guidance 106-108 Schedule of Expenditures of Federal Awards 109 Notes to Schedule of Expenditures of Federal Awards 110 Schedule of Findings and Questioned Costs 111 Management Letter in Accordance with the Rules of the Auditor General of the State of Florida 112-114 Independent Accountant's Report on Compliance with Section 218.415, Florida Statutes 115 INTRODUCTORY SECTION &,?q, 4 g_ May 21, 2025 City of -Aventura Government Center 19200 West Country Club Drive Aventura, Florida 33180 HOWARD S. WEINBERG, ESQ. MAYOR COMMISSIONERS CLIFFORD B AIN GUSTAVO BLACHMAN AMIT BLOOM RACHEL S. FRIEDLAND, ESQ. PAUL A. KRUSS CINDY ORLINSKY To the Honorable Mayor, BRYANPEGUES Members of the City Commission CITY MANAGER and Citizens of the City of Aventura, Florida In accordance with Section 11.45(3)(a) (4), Florida Statutes, and Article I, Section 4.11 of the City of Aventura (the "City") Charter, we hereby submit the City's Annual Comprehensive Financial Report (the "ACFR") for the fiscal year ended September 30, 2024. The ACFR includes an Introductory, Financial, Statistical and Compliance section. The financial statements included in the ACFR conform to accounting principles generally accepted in the United States ("GAAP") as set forth by the Governmental Accounting Standards Board ("GASB"). Management assumes full responsibility for the completeness and reliability of the information contained in this report, based upon a comprehensive framework of internal control that has been established for this purpose. Because the cost of internal controls should not exceed their anticipated benefits, the objective is to provide reasonable, rather than absolute, assurance that the financial statements are free of any material misstatements. We believe this data fairly reflects the financial position of the City and the results of its operation. Citrin Cooperman & Company, LLP has issued an unmodified ("clean") opinion on the City's financial statements for the fiscal year ended September 30, 2024. The independent auditor's report is located at the front of the Financial Section of this report. Management's Discussion and Analysis ("MD&A") immediately follows the independent auditor's report and provides a narrative introduction, overview and analysis of the basic financial statements. The MD&A complements this letter of transmittal and should be read in conjunction with it. Significant Factors Affecting the FY 2024/25 Operations and FY 2025/26 Operating and Capital Budget For the last few years, COVID-19 caused major disruption in international and U.S. economies and markets. The pandemic had a significant impact on government agencies worldwide. City operations have returned to pre-COVID levels and rebounded. However, the negative impact of inflation and increased costs for labor and supplies continues. The City's revenues for the FY 2024/25 budget had been conservatively prepared under the assumption that our State Revenue Sharing categories have recovered and rebounded from their COVID-19 lows. All capital items and projects were thoroughly reviewed and prioritized to avoid utilizing any General Fund reserves in balancing the FY 2024/25 operating and capital budget. PROFILE OF THE GOVERNMENT The City was incorporated on November 7, 1995 and is a political subdivision of the State of Florida. It is located on the Intracoastal Waterway in northeast Miami -Dade County (the "County") between Miami and Fort Lauderdale. The City is 3.2 square miles and serves a population of more than 40,000 residents and 2,500 businesses. Pursuant to its Charter, the City operates under a commission -manager form of government. Under this form of government, the City Commission (the "Commission") and the City Manager are the legislative and executive branches of the government, respectively. The Commission enacts Ordinances, the laws of the City, adopts Resolutions authorizing actions on behalf of the City, reviews plans for development and establishes the policies by which the City is governed. The City Manager is the City's Chief Executive Officer who oversees the day-to-day operations, administers the City's service providers, prepares long- range plans and implements the policies established by the Commission. The Commission is comprised of seven (7) members, including the Mayor and six (6) Commissioners. The Mayor is the ceremonial leader of the City and is considered to be "part-time." The Mayor is elected at large to a four-year term. Each Commissioner has the same authority and ability to bring matters to and to discuss and vote on matters before the Commission. A Commissioner is considered to be "part-time" and is elected to serve a four-year term. For election purposes, the William Lehman Causeway divides the City into two (2) areas. The City Charter requires that two (2) Commissioners reside in the northern area and two (2) Commissioners reside in the southern area and two (2) Commissioners and the Mayor shall be elected without regard to residence in any particular area. Mission Statement Our mission is to join with our community to make Aventura a city of the highest quality and a city of excellence. We do this by providing RESPONSIVE, COST EFFECTIVE AND INNOVATIVE local government services. The City employed 191 full-time equivalent positions at September 30, 2024 and provides high -quality public services including General Government, Police, Community Services and Public Works/Transportation to its residents and business community. In FY 2023/24, the Commission addressed the following priorities/goals either through formal adoption or supporting them through policy and/or initiatives: Enhance the safety and security of our residents, schools and businesses: • Continued community outreach initiatives to engage the community in joint problem solving and crime prevention techniques. • Continued to utilize innovative technology throughout the community and with our business partners to prevent, reduce and solve crime. • Expanded communications with the public by utilizing social media, community outreach and the Police Department's Community Advisory Panel. • Increased the police overtime and events budgets to meet the increased number of police department sponsored events. Provide and support quality educational choices for Aventura students to succeed academically and become productive citizens: • Continued to operate Aventura City of Excellence School K-8 as an "A" rated high performing school and provide support services thorough various City departments. • Opened the Don Soffer Aventura High School in August 2019 and operates as an "A" rated high performing school. Maintain efficient and responsive government which embraces the highest standards of service and financial stability: • Had no increase in the tax rate for the 281" year in a row. • Continued to focus on maintaining the City's infrastructure by providing nearly $2.4 million in funding for park improvements and $3.0 million for road resurfacing capital outlay projects. • Maintained healthy reserves to address economic challenges and unforeseen emergencies. • Continued the model of privatizing many City service areas while maintaining a small workforce which has allowed for a more cost-effective service delivery system, as compared to the traditional government structure. • Continued to utilize technology to improve productivity and expand E-government applications. Continue to explore alternate transportation modes to alleviate traffic and support bicycle friendly initiatives: • Continue to fund the free Aventura Express Shuttle Bus system that serves nearly 10,000 riders a month and extend service to new developments. • Continued to implement recommendations included in the Unfiled Master Plan for Pedestrian/Bicycle Connectivity. • Maintained the Aventura B-Cycle bike share program. • Launched the City's first on -demand ride sharing service in FY 2020/21 The City expanded on - demand services in FY 2022/23 through the addition of more vehicles. The on -demand vehicles serve nearly 10,000 riders a month. • Continued to collaborate with state, county and local officials to address traffic issues. Community Engagement, Parks, Programs and Special Events: • Funded Park Attendants in order to accommodate increased attendance at our park facilities. • Continued the afterschool program at the Community Recreation Center for Aventura students that attend Aventura Waterways K-8. • Continued the youth travel soccer and basketball programs that were established to respond to the increased demand for these community services which are offset by user fees. • Continued the "Community Ride with the Police Department" Special Event which provide opportunities for the residents to interact with the Police. • Provided funding to maintain the Aventura Arts & Cultural Center as a state-of-the-art venue and to support a wide variety of programming for all age groups. • Continued to fund Family Movie Nights. • Hosted the Community Recreation Center showcase and Valentine's Day "Spreading the Love" event along with National Ice Cream Day. • Provided adequate funding to maintain our parks and recreational facilities at a high level. • Continued to employ the use of the Youth Council. • Hosted a Winter Wonderland event for the community to celebrate the holidays that included a tree and menorah lighting. iii Environmental Sustainability and Go Green Initiatives • Maintained Tree City USA status. • Continued to improve the energy efficiency of all City facilities including the replacement of worn air conditioning systems. • Ensured that redevelopment projects that require land use/zoning revisions do not have a negative impact on the community. • Included fundingto continue to retrofit street lighting throughout the Citywith more energyefficient LED fixtures. • Monitored and participated in regional efforts to address the impact of rising sea level as well as implemented recommendations found in the City's Comprehensive Stormwater Management Plan that address drainage improvements and the long-range impacts of climate change. • Continued the "Go Green Award Program" sponsored bythe Community Services Board to recognize condominiums and businesses that have made efforts to reduce energy consumption and implement recycling programs. • Provide adequate funding to maintain our signature landscape, streets, rights -of -way and facilities and maintained the silver level certification recognition by the Florida Green Local Government Program. Police Department On March 25, 2000, the Aventura Police Department ("APD") became the youngest agency to ever receive accreditation status through the Commission on Accreditation for Law Enforcement Agencies, Inc. ("CALEA"). The accreditation means the APD has been recognized by an independent organization composed of representatives of the International Association of Chiefs of Police, the National Sheriff's Association, the National Organization of Black Law Enforcement Executives and the Police Executive Research Forum and has complied with over 400 standards that have been established as benchmarks of excellence. The APD has met or exceeded international accreditation standards set by CALEA. The CALEA accreditation process increases the agency's ability to prevent and control crime through more effective and efficient delivery of law enforcement services to the community. The process enhances community understanding of the APD and its role in the community, its goals and objectives. For the 81" time, CALEA has awarded reaccreditation to the APD. This prestigious organization has awarded our agency with their Gold Standard and has recognized us as one of their flagship organizations. These coveted awards from a nationally recognized and independent organization, symbolizes the agency's professionalism and distinction. The APD is a leader in the field of technology. The agency completed full integration of our E911 system as well as our Computer Aided Dispatch ("CAD") and Records Management System ("RMS") for reports and computer dispatched calls for service. The merge has allowed our 911 dispatchers to instantly share knowledge of changing events with field units and simultaneously provide existing data on suspects and previous incidents. The APD was the first municipality in the nation to implement shot detection technology in both of its charter schools. This cutting -edge technology that ties into our 911 center provides real time video and mapping location, to our officers and dispatchers, in the event a gunshot is detected on either school campus. We continue to use in car video systems, automatic license plate readers, city-wide TVMS capability and a host of other technological hardware and software to maintain the high level of service to our community. We are very proud of our community service efforts and all of the accomplishments of our Police Explorers Unit. The APD is continually looking for solutions and innovations to truly make us the "City of Excellence". li Aventura City of Excellence School The City owns and operates the Aventura City of Excellence School ("ACES"). ACES is a K-8 Municipal Charter School that is part of the City's government and not a separate legal entity or otherwise organized apart from the City. The School operates under a charter granted by the sponsor —the Miami -Dade County Public School District. The School has been well received and has been at full capacity since its inception and has obtained academic success by receiving an "A" grade from the State of Florida for the past 20 years. The School is budgeted to serve 1,032 students in the 2024/25 school year. The School is managed by Charter Schools USA, Inc. ("CSUSA") Since its opening on August 25, 2003, the Aventura City of Excellence School has achieved several milestones in the City's short history including: • Being the first School within the City's boundaries and the first municipal sponsored charter school in the County. • In 2005, the School amended the charter to include grades six through eight. • In 2012, the School amended the charter to increase its capacity from 1,020 to 1,032 students beginning with the 2016/17 school year. Don SofferAventura High School The Don Soffer Aventura High School ("DSAHS") is a tuition -free public charter school that opened in August 2019. The DSAHS currently has 829 91" through 121" grade students enrolled in its fourth year. The 53,418 square -foot school and the 10,250 square -foot gymnasium are located on two (2) acres at 3151 NE 2131" St., Aventura, FL 33180. DSAHS is a municipal charter school managed by CSUSA and is governed by the City. CSUSA, the first education management company to receive corporation system -wide accreditation through AdvancED is one of the nation's leading charter school management companies. CSUSA currently manages nearly 100 schools in five (5) states serving more than 75,000 students in kindergarten through 121" grade. CSUSA's innovative educational advantages include advanced technology, meaningful parental involvement, student uniforms, consistent and fairly -enforced discipline policies, highly qualified and motivated staff, community focus, integrated character education and high academic growth and performance. Students at DSAHS will discover their passion and build a bridge between their rigorous high school experience and future to become impactful global citizens. Aventura Arts & Cultural Center The Aventura Arts & Cultural Center ("AACC") is a beautiful 14,864 square -foot waterfront performing arts facility located on the intracoastal. Its mission is to enhance the quality of life for Aventura by providing a variety of performing arts and relevant cultural programming for audiences of all ages. The AACC has been managed by the Broward Center for the Performing Arts since its opening and is currently in its 131" season of operation. The AACC has become the cultural heart of the City as thousands have enjoyed a wide range of shows and events in this beautiful waterfront facility. Budget Process The City's fiscal year begins on October 111 and ends on September 301" of each year as mandated by Florida statutes. The City Manager submits to the Commission the Proposed Operating and Capital Budget for the coming year no later than July 101" of each fiscal year. The preliminary millage rate is based on the certified taxable value that is received on July 111. The appropriations contained in the proposed budget shall not exceed the funds derived from taxation and other revenue sources. u The budget is approved via Commission adoption of an Ordinance at two (2) public meetings scheduled for September and becomes effective October 151. An annual appropriated budget is adopted for all governmental funds with the exception of the, Federal Forfeiture Fund, the Law Enforcement Trust Fund and the Don Soffer Aventura High School Foundation Fund. A separate budget document for the Aventura City of Excellence Fund and the Don Soffer Aventura High School Fund is adopted by the City in May of each year, based on an annual operational fiscal year ending as of June 301". The City Manager is authorized to transfer part or all of an unencumbered appropriation balance within departments within a fund; however, any revisions that alter the total appropriations of any department or fund must be approved by the Commission. The classification detail at which expenditures may not legally exceed appropriations is at the department level. ECONOMIC CONDITION AND OUTLOOK Local Economy The City is an affluent suburb in a metropolitan area and serves as a major retail and medical economic driver and attraction for South Florida. It is home to the 2.956 million square foot Aventura Mall, one of the biggest indoor shopping destinations in the greater Miami area, with 300+ luxury retail stores. The City is home to many other beautiful shopping centers, fine dining establishments, parks and the Aventura Hospital and Medical Center. The Brightline train station opened in December 2022 at the doorstep of the Aventura Mall and is set to open a footbridge from the station to the Aventura Mall. In addition, the Seritage portion of the Aventura Mall held grand openings for restaurants, retail and entertainment venues throughout the fiscal year. It has provided a significant positive boom for the local economy. In September 2024, the Commission adopted the budget for the fiscal year beginning October 1, 2024 with the same tax rate as the prior year of 1.726. This is the second lowest rate in the County, making it the City's 29t" year without a property tax increase. The City's property tax component is responsible for approximately 10% of the total tax bill, with the largest portions being incurred from the County and School Board. In FY 2024/25, the City will maintain the same service levels and programs that our residents and businesses enjoyed in the prior year with the following exceptions: • Building Inspection services, permit revenue and other miscellaneous revenues increased by $1,014,368 or 23.84% due to an increase in the current year activity which is expected to continue into FY 2024/25. • Community Services personnel funding increased compared to the prior year to ensure that adequate coverage is provided at our parks and to accommodate increased attendance as the parks will be open 7 days a week, as well as to enhance internal support. • Special events in the Community Services Department increased from $375,000 in FY 2023/24 to $425,000 in FY 2024/25 to accommodate for additional events and increased costs. • An increase of 5.00% for health insurance has been added to the budget. An increase of 9.20% for PPO dental insurance and 9.00% for vision insurance has been considered in the development of this budget. • Insurance premiums throughout the budget for property, liability, cyber liability, auto and workers' compensation have been updated to reflect an upcoming vendor change resulting in savings of approximately $775,000 from the originally proposed budget. • The new Collective Bargaining Agreement ("CBA") effective October 1, 2024 is reflected in the budget for FY 2024/25. w • Allocation of amounts from the Public Works/Transportation Department to the Community Services Department to allow for the full capture of costs to run the Community Recreation Center ("CRC") and Parks. More information about the City's economy may be obtained in the MD&A. Major Capital Improvements One of the City's main priorities is to maintain its infrastructure to a high standard. As a result, the City completed the following major capital improvements during FY 2023/24: ✓ Founders Park North field enhancement ✓ Founders Park South pickle and tennis ball courts ✓ AV upgrades in the Commission Chambers and Government Center ✓ Waterways Dog Park ADA restroom ✓ AACC exterior sealing ✓ Replaced air conditioning units at ACES and the CRC In addition, the following major capital improvements were in process at the end of FY 2023/24: • Country Club Drive roadway curbing/drainage improvements • Fencing installation at Waterways Park • Playground resurfacing at Peace and Founders Park • Installation of basketball courts at Founders Park • Police department hardening and reconstruction • HVAC replacement at Government Center LONG-TERM FINANCIAL PLANNING AND RELEVANT FINANCIAL POLICIES Maintaining Adequate Fund Balances The City follows GASB Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions which requires that governmental fund financial statements present fund balances based on classifications that comprise a hierarchy that is based primarily on the extent to which the City is bound to honor constraints on the specific purposes for which amounts in the respective governmental funds can be spent. The City's policy is to maintain an adequate General Fund balance to meet seasonal shortfalls in cash flow and reduce susceptibility to emergency and unanticipated expenditures and/or revenue shortfalls. Some of our more significant fund balance classifications include: Committed: This classification includes amounts that can be used only for the specific purposes as determined by adoption of an ordinance by the Commission. Once adopted, the limitation imposed by the ordinance remains in effect until another ordinance either removes or revises the limitation. Effective September 30, 2024, the Commission provided a General Fund Capital Reserve of approximately $2,988,970 and continued to maintain a Hurricane/Emergency and Disaster Recovery Reserve in the amount of $5 million. Unassigned: This classification includes the residual fund balance for the General Fund and represents fund balance that has not been assigned to other funds and that has not been restricted, committed, or assigned to specific purposes within the General Fund. vii Minimum Level of Unassigned Fund Balance of the General Fund At the beginning of each fiscal year, the total unassigned fund balance shall not be less than 10% of the annual General Fund revenue. If in anyfiscal year the City's unassigned fund balance falls belowthe required threshold, the City shall not utilize any unassigned fund balance to balance the budget. In addition, the City Manager will make every effort to reestablish the minimum unassigned fund balance in a 24 - 36-month period beginning with the year from which the reserve funds fell below the threshold. In FY 2024/25, 10% of the General Fund revenue approximates $5.4 million, while at September 30, 2024 unassigned fund balance approximated $53.1 million. Pay -As -You -Go Financing Although the City Charter makes no reference to limitations in establishing debt (i.e., debt limit), the City has limited its borrowing to prudent levels that are able to be satisfied with existing revenue and cash flow projections. In order to minimize our debt issuance (and the related costs) to when it is absolutely necessary, the City has adopted a pay-as-you-go financing policy for CIP projects which include: • A large number of projects having a relatively small dollar value. • Projects which can be broken into phases with a portion completed each year without impairing the overall effectiveness of the project. • Projects which are of a recurring nature. • Projects where the assets acquired will have relatively short useful lives. Privatization of City Services The City utilizes a model of privatizing many of its service areas in order to provide a more cost-effective service delivery system as compared to a traditional government structure. By utilizing outside contractors to provide Building Inspection, Engineering and other services, the City is able to quickly adjust the costs of such services in direct correlation to the demand for the related service. AWARDS AND ACKNOWLEDGEMENTS The Government Finance Officers Association of the United States and Canada ("GFOA") awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Aventura for its annual comprehensive financial report for the fiscal year ended September 30, 2023. This was the 281" consecutive year that the City has achieved this prestigious award. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized annual comprehensive financial report. This report must satisfy both generally accepted accounting principles and applicable legal requirements. A Certificate of Achievement is valid for a period of one year only. We believe that our current annual comprehensive financial report continues to meet the Certificate of Achievement Program's requirements and we are submitting it to GFOA to determine its eligibility for another certificate. The GFOA has given an Award for Outstanding Achievement in Popular Annual Financial Reporting to the City of Aventura for its Popular Annual Financial Report for the fiscal year ended September 30, 2023. The Award for Outstanding Achievement in Popular Annual Financial Reporting is a prestigious national award recognizing conformance with the highest standards for preparation of state and local government popular reports. In order to receive an Award for Outstanding Achievement in Popular Annual Financial Reporting, a government unit must publish a Popular Annual Financial Report, whose contents conform to program standards of creativity, presentation, understandability, and reader appeal. An Award for Outstanding Achievement in Popular Annual Financial Reporting is valid for a period of one year only. In addition, the GFOA presented a Distinguished Budget Presentation Award to the City of Aventura for its annual Budget for the fiscal year beginning October 1, 2023. In order to receive this award, a governmental until must publish a budget document that meets program criteria as a policy document, as a financial plan, as an operations guide, and as a communication device. This award is valid for a period of one year only. We believe our current budget continues to conform to program requirements, and we are submitting it to GFOA to determine its eligibility for another award. am Earning all three awards from the GFOA establishes the City of Aventura as a Triple Crown Winner in 2023. The preparation of this report would not have been possible without the efficient and dedicated service of the Finance Department and as such we would like to express our appreciation to all members of the Department who assisted in this effort. In addition, we give credit to City Commission for their continued interest and support in planning and conducting the City's financial operations in a responsible and progressive manner. Respectfully submitted, Bryan egues City Manager — n/i �1 Melissa Cruz Finance Director ix CITY OF AVENTURA, FLORIDA LIST OF PRINCIPAL OFFICIALS Title Name Mayor Howard Weinberg, Esq. Commissioner Amit Bloom Commissioner Rachel S. Friedland, Esq. Commissioner Billy Joel Commissioner Paul A. Kruss Commissioner Dr. Linda Marks City Manager Ronald J. Wasson City Attorney Weiss Serota Helfman Cole & Bierman, P.L. Assistant City Manager Bryan Pegues Community Development Director Keven Klopp Information Technology Director Carlos Fernandez Finance Director Melissa Cruz Human Resources Gladys Carcamo City Clerk Ellisa L. Horvath Arts & Cultural Center General Manager Jeff Kiltie Community Services Director Kimberly Merchant Public Works/Transportation Director Jake Ozyman Chief of Police Michael Bentollila Don Soffer Aventura High School Principal Geoff McKee Aventura City of Excellence School Principal Ana Melhuish x Residents City Commission City Attorney = City Manager = City Clerk Adminis[mtive Mlnuies Budgetomererviceon ReacrdsRe[entlon Legal Services Customer Service CleriwlSupport argon ¢oti anal Oversight aammunicOlions Elections Finance Department mm n cefncc ting no urchasing Community Community Development Services Department Department Planning Parks zoning Special Events Building lnspections Recreation Programming Code Enforcement Athletic Leagues Economic Development Community Recreation Center occupational Licenses Community Garden Human Resource= ■ Information Technology Department Department Risk Mana [ -MM Intonna[ion Management gemen Public Works Transportation Department ROW/Median Mointenonae Mass 1 ra nsit Community Facilities Maintenance Capital Projects Storm Water Drainage Maintenance Floodplain Management Police Department Police Fatrd Comi unity Relations Cnminal lnvestiga5ons TroHic Enforcement Emergency Preparedness Arts & Cultural Center Department Facility Management Performing Arts Programming Charter School Department K-8 School Don Soffer Aventurc High School• 'Management provided by csusn Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting Presented to City of Aventura Florida For its Annual Comprehensive Financial Report For the Fiscal Year Ended September 30, 2023 Executive Director/CEO XII FINANCIAL SECTION Citrin Cooperman & Company, LLP Certified Public Accountants CITRINCOOPERMAN' 6550 N Federal Hwy, 4th Floor Fort Lauderdale, FL 33308 T : 954.771.0896 F 954.938.9353 citrincooperman.com INDEPENDENT AUDITOR'S REPORT To the Honorable Mayor and Members of the City Commissioners City of Aventura, Florida Report on the Audit of the Financial Statements Opinions We have audited the accompanying financial statements of the governmental activities, the business - type activities, each major fund, and the aggregate remaining fund information of the City of Aventura, Florida (the "City"), as of and for the year ended September 30, 2024, and the related notes to the financial statements, which collectively comprise the City's basic financial statements as listed in the table of contents. In our opinion, based on our audit and the report of the other auditors, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of the City as of September 30, 2024, and the respective changes in financial position, and, where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. We did not audit the financial statements of the City of Aventura Police Officers' Retirement Pension Trust Fund (the "Plan"), which represent 84 percent, 85 percent, and 67 percent, respectively, of the assets, net position/fund balance, and revenues/additions of the aggregate remaining fund information as of September 30, 2024. Those statements were audited by other auditors whose reports have been furnished to us, and our opinions, insofar as they relate to the amounts included for the City of Aventura Police Officers' Retirement Pension Trust Fund, are based solely on the reports of the other auditors. Basis for Opinions We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the City and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. "Citrin Cooperman" is the brand under which Citrin Cooperman & Company, UP, a licensed independent CPA firm, and Citrin Cooperman Advisors TJ C serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, IJ P and Citrin Cooperman Advisors Id.0 are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNI.). All the firms associated with MNA are independently owned and managed entities. Their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. 4� Citrin Cooperman & Company, LLP CITRINCOOPERMANc Responsibilities of Management for the Financial Statements Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the City's ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter. Auditor's Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with generally accepted auditing standards and Government Auditing Standards will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements. In performing an audit in accordance with generally accepted auditing standards and Government Auditing Standards, we: • Exercise professional judgment and maintain professional skepticism throughout the audit. • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the City's, internal control. Accordingly, no such opinion is expressed. • Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements. • Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the City's, ability to continue as a going concern for a reasonable period of time. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control -related matters that we identified during the audit. "Citrin Cooperman" is the brand under which Citrin Cooperman & Company, UP, a licensed independent CPA firm, and Citrin Cooperman Advisors TJ C serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, IJ P and Citrin Cooperman Advisors Id.0 are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNI.). All the firms associated with MNA are independently owned and managed entities. Their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. JCitrin Cooperman & Company, LLP CITRINCOOPERMANc Required Supplementary Information Accounting principles generally accepted in the United States of America require that the management's discussion and analysis, budgetary comparison schedules, and the schedules related to pensions and other post -employment benefits as listed in the table of contents, be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Supplementary Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City's basic financial statements. The accompanying combining and individual fund financial statements, budgetary comparison schedules, and schedule of expenditures of federal awards, as required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, as listed in the table of contents, are presented for purposes of additional analysis and are not a required part of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining and individual fund financial statements, budgetary comparison schedules and the schedule of expenditures of federal awards are fairly stated, in all material respects, in relation to the basic financial statements as a whole. Other Information Management is responsible for the other information included in the annual report. The other information comprises the introductory and statistical sections but does not include the basic financial statements and our auditor's report thereon. Our opinions on the basic financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon. In connection with our audit of the basic financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the basic financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report. "Citrin Cooperman" is the brand under which Citrin Cooperman & Company, UP, a licensed independent CPA firm, and Citrin Cooperman Advisors TJ C serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, IJ P and Citrin Cooperman Advisors Id.0 are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNI.). All the firms associated with MNA are independently owned and managed entities. Their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. Citrin Cooperman & Company, LLP COOPERMANc Other Reports Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated May 21, 2025, on our consideration of the City's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City's internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City's internal control over financial reporting and compliance. Fort Lauderdale, Florida U May 21, 2025 "Citrin Cooperman" is the brand under which Crtnn Cooperman & Company, LAY, a licensed independent CPA firm, and Citrin Cooperman Advisors LLC serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors Id.0 are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNI,). All the firms associated with MNA are independently owned and managed entities. Their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. City of Aventura, Florida Management's Discussion and Analysis September 30, 2024 As the City of Aventura's (the "City") management, we offer the City's financial statement readers this narrative overview and analysis of the City's financial activities for the fiscal year ended September 30, 2024. We encourage readers to consider the information presented herein in conjunction with the Letter of Transmittal, which can be found on pages i through ix of this report. All amounts, unless otherwise indicated, are expressed in thousands of dollars. Financial Highlights • The assets and deferred outflows of resources of the City exceeded its liabilities and deferred inflows of resources at the close of the most recent fiscal year by approximately $168.0 million (net position). Of this amount, approximately $54.6 million represents unrestricted net position, which may be used to meet the City's ongoing obligations to citizens and creditors. • The City's total net position increased by approximately $15.3 million over the course of this year's operations. The net position of the City's governmental activities increased by approximately $14.8 million while the net position of the City's business type activities increased by approximately $0.5 million. • At the close of the current fiscal year, the City's governmental funds reported combined fund balances of approximately $81.3 million, an increase of approximately $14.8 million in comparison with the prior year. Approximately 68.0% ($55.2 million) is available for spending at the government's discretion (unassigned fund balance). • At the end of the current fiscal year, unassigned fund balance of the General Fund was approximately $53.0 million or 101.2% of total General Fund expenditures (inclusive of transfers out). Of this balance, approximately $8.0 million has been committed to the City's disaster recovery fund and for capital reserves, approximately $0.3 million has been assigned for the benefit of the Don Soffer Aventura High School, approximately $0.4 million has been assigned for subsequent year's budget, and approximately $1.2 million is classified as nonspendable. Overview of the Financial Statements The financial section of this annual report consists of four (4) parts —management's discussion and analysis (this section), the basic financial statements, required supplementary information and other financial information that presents combining and individual fund financial statements and budgetary comparison schedules. MANAGEMENT'S DISCUSSION AND ANALYSIS BASIC FINANCIAL STATEMENTS Government -Wide (Full Accrual) Fund Governmental Activities Governmental (Modified Accrual) Business -Type Activities Proprietary (Full Accrual) (No Fiduciary Activities) Fiduciary (Full Accrual) Notes to the Financial Statements REQUIRED SUPPLEMENTARY INFORMATION SUPPLEMENTARY INFORMATION Combining Fund Financial Statements & Budgetary Comparison Schedules 5 City of Aventura, Florida Management's Discussion and Analysis September 30, 2024 Major Features of the Basic Financial Statements Scope Required financial statements Accounting basis and measurement focus Type of asset, liability, and deferred outflows/inflows information Government -Wide Financial Statements Entire City government (except fiduciary activities) Statement of net position Statement of activities Accrual accounting and economic resources focus All assets and liabilities, both financial and capital, and short-term and long- term. It also includes the consumption and the acquisition of net assets that applies to future period(s). Basic Financial Statements Governmental Funds Activities of the City that are not proprietary or fiduciary Balance sheet Statement of revenues, expenditures, and net changes in fund balances Modified accrual accounting and current financial resources focus Only assets expected to be used up and liabilities that come due during the year to soon thereafter, no capital assets and long term liabilities are included. It also includes the consumption and the acquisition of net assets that applies to future period(s). Fund Financial Statements Proprietary Funds Activities of the City that are operated similar to private business Statement of net position Statement of revenues, expenses, and changes in net position Statement of cash flows Accrual accounting and economic resources focus All assets and liabilities, both financial and capital, and short-term and long- term. It also includes the consumption and the acquisition of net assets that applies to future period(s). Fiduciary Funds Instances in which the City is the trustee or agent for someone else's resources Statement of net position Statement of changes in net position Accrual accounting and economic resources focus All assets and liabilities, both short-term and long- term. It also includes the consumption and the acquisition of net assets that applies to future period(s). Government -wide financial statements The focus of the government -wide financial statements is on the City's overall financial position and its activities. Reporting is similar to that of a private -sector business. The government -wide financial statements report information about the City as a whole and about its activities in a way that helps answer questions about the City's financial health and whether the current year activities contributed positively or negatively to that health. The City's government -wide financial statements include the statement of net position and statement of activities. As described below, these statements do not include the City's fiduciary activities because resources from these funds cannot be used to finance the City's activities. However, the financial statements of fiduciary activities are included in the City's fund financial statements because the City is financially accountable for those resources, even though they belong to other parties. The Statement of Net Position presents the City's long-term and short-term financial information on the assets held and liabilities owed, as well its deferred outflows/inflows of resources. The City's assets are reported when acquired and its liabilities are reported when they are incurred, regardless of the timing of the related cash flows to acquire these assets or liquidate such liabilities. For example, the City reports buildings and infrastructure as assets even though they are not available to pay the obligations it incurs. On the other hand, the City reports liabilities, such as other post - employment benefits even though these liabilities might not be paid until several years into the future. Deferred outflows/inflows of resources represent the consumption/acquisition, respectively, of net assets that applies to a future period(s). 0 City of Aventura, Florida Management's Discussion and Analysis September 30, 2024 Basic Financial Statements (continued) Government -wide financial statements (continued The difference between the City's total assets, deferred outflows of resources, total liabilities and deferred inflows of resources is net assets. Over time, increases or decreases in net position may serve as a useful indicator of whether the City's financial position is improving or deteriorating. Although the City's purpose is not to accumulate net position, in general, as this amount increases it indicates that the City's financial position is improving over time. The Statement of Activities presents the revenues and expenses of the City. The items presented on the statement of activities are measured in a manner similar to the approach used in the private - sector, in that revenues are recognized when earned and expenses are reported when incurred. Accordingly, revenues are reported even when they may not be collected for several months after the end of the accounting period and expenses are recorded even though they may not have used cash during the current period. Both of the government -wide financial statements distinguish City functions that are principally supported by taxes and intergovernmental revenue (governmental activities) from other functions that are intended to recover all or a significant portion of their costs through user fees and charges (business -type activities). The City's governmental activities include general government, public safety, community services and public works. The City's business -type activities include stormwater utility. Fund financial statements Unlike government -wide financial statements, the focus of fund financial statements is directed to the City's specific activities rather than the City as a whole. Except for the General Fund, separate funds are established to maintain control over resources that have been segregated for specific activities or objectives. The City, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance -related legal requirements. All of the City's funds can be divided into three (3) categories: governmental funds, proprietary funds and fiduciary funds. Governmental funds Financial statements consist of a balance sheet and a statement of revenues, expenditures, and changes in fund balances. These statements are prepared on an accounting basis that is significantly different from that used to prepare the government -wide financial statements. In general, these financial statements have a short-term emphasis and, for the most part, measure and account for cash and other assets that can easily be converted to cash. For example, amounts reported on the balance sheet include items such as cash and receivables but do not include capital assets such as land and buildings. The difference between the fund's total assets, deferred outflows of resources, total liabilities and deferred inflows of resources is fund balance, and generally indicates the amount that can be used to finance the next fiscal year's activities. The operating statement for governmental funds reports only those revenues that were collected during the current period or very shortly after the end of the year. Expenditures are recorded when incurred. 7 City of Aventura, Florida Management's Discussion and Analysis September 30, 2024 Basic Financial Statements (continued) For the most part, the balances and activities accounted for in governmental funds are also reported in the governmental activities' columns of the government -wide financial statements. However, because different accounting basis are used to prepare governmental fund financial statements and government -wide financial statements, there are often significant differences between the totals presented. For this reason, there is an analysis after the governmental funds balance sheet that reconciles the total fund balances for all governmental funds to the amount of net position presented in the governmental activities' column on the statement of net position. Also, there is an analysis after the statement of revenues, expenditures and changes in fund balances that reconciles the total change in fund balances for all governmental funds to the change in net position as reported in the governmental activities' column in the statement of activities. Proprietary funds Financial statements consist of a statement of net position, statement of revenues, expenses, and changes in net position and statement of cash flows. These statements are prepared on an accounting basis that is similar to the basis used to prepare the government -wide financial statements. For financial reporting purposes, proprietary funds are grouped into Enterprise Funds and Internal Service Funds. The City uses Enterprise Funds to account for business -type activities that charge customers a fee for their use of specific goods or services. These funds are used to report the same functions presented as business -type activities in the government -wide financial statements. Although the City does not have any Internal Service Funds, such funds are used to account for services provided and billed on an internal basis. Proprietary funds provide the same type of information as the government -wide financial statements, only in more detail. The City has one major enterprise fund, the Stormwater Utility fund. A statement of cash flows is presented at the fund financial statement level for proprietary funds, but no equivalent statement is presented in the government -wide financial statements for either governmental activities or business -type activities. Fiduciary funds Fiduciary funds are used to account for resources held for another party's benefit outside the government. Fiduciary funds are not reflected in the government -wide financial statement because resources of those funds are not available to support the City's own programs. Fiduciary financial statements consist of a statement of net position and a statement of changes in net position. The City reports one fiduciary fund to account for the Police Officers' Retirement Plan Fund. Notes to the financial statements The notes provide additional information that is essential to a full understanding of the data provided in the government -wide and fund financial statements. Required Supplementary Information In addition to the basic financial statements and accompanying notes, this report also presents certain required supplementary information concerning various issues such as a comparison between the City's adopted and final budget and actual financial results for its General Fund and major special revenue funds (if applicable). The City adopts an annual appropriated budget for its governmental funds. A budgetary comparison schedule has been provided for the General Fund and major special revenue funds (if applicable) to demonstrate compliance with this budget. Required supplementary information is also presented for the City's defined benefit pension plan including a schedule of funding progress and schedule of employer and State of Florida contributions as well as a schedule of funding progress for other post -employment benefits. City of Aventura, Florida Management's Discussion and Analysis September 30, 2024 Combining and Individual Fund Financial Statements and Budgetary Schedules Combining statements referred to earlier in connection with nonmajor governmental, are presented immediately following the required supplementary information. Additional budgetary schedules are presented in this section including, as applicable, nonmajor special revenue funds, debt service funds and capital projects funds. Government -Wide Financial Analysis The table below presents a summary of net position as of 2024 and 2023, derived from the government -wide Statement of Net Position: Net Position (in thousands) Governmental Business -Type Activities Activities Total 2024 2023 2024 2023 2024 2023 Assets: Current and other assets $ 95,315 $ 85,599 $ 2,770 $ 1,751 $ 98,085 $ 87,350 Capital assets 103,165 102,063 9,213 9,677 112,378 111,740 Total assets 198,480 187,662 11,983 11,428 210,463 199,090 Total deferred outflows of resources 10,795 15,499 - - 10,795 15,499 Liabilities: Long-term liabilities 32,016 37,829 42 32,016 37,871 Other liabilities 19,544 21,886 169 108 19,713 21,994 Total liabilities 51,560 59,715 169 150 51,729 59,865 Total deferred inflows of resources 1,548 2,078 - - 1,548 2,078 Net position: Net investment in capital assets 90,062 86,776 9,196 9,677 99,258 96,453 Restricted 14,081 8,228 - 14,081 8,228 Unrestricted 52,024 46,364 2,618 1,601 54,642 47,965 Total net position $ 156,167 $ 141,368 $ 11,814 $ 11,278 $ 167,981 $ 152,646 As noted earlier, net position may serve over time as a useful indication of a government's financial position. At the close of the most recent fiscal year, the City's assets and deferred outflows of resources exceeded its liabilities and deferred inflows of resources by approximately $168 million. The largest component of the City's net position is net investment in capital assets and is 59.1% of total net position. This category reflects its investment in capital assets net of any outstanding related debt used to acquire these assets. The City uses these capital assets net provide its citizens with quality services. Consequently, this component of net position is not available for future spending. Although the capital assets are shown net of debt, it should be noted that the resources needed to repay this debt must be provided from other sources. The next largest portion of the City's net position is unrestricted (resources available for spending) and is 32.5% of total net position. Restricted net position represents 8.4% of total net position and contains resources that are subject to external restrictions on how they can be used. Capital assets increased approximately $0.6 million and net investment in capital assets increased by approximately $2.8 million, primarily due to the net effect of new capital/infrastructure projects, increase in accumulated depreciation, disposal of equipment and decrease in related debt. The majority of the improvements were located at the city's parks. Completion of the artificial turf installation and completion of the pickleball courts were the largest projects. 9 City of Aventura, Florida Management's Discussion and Analysis September 30, 2024 Government -Wide Financial Analysis (continued) Over time, increases and decreases in net position measure whether the City's financial position is improving or deteriorating. The City's operations have fully resumed and rebounded after being suspended due to the impact of the COVID-19 pandemic, restoring lost revenue. In the current fiscal year, property taxes increased by approximately $1.9 million as the assessed value of our taxable property increased from the prior year, with no change in our ad valorem millage rate. Program revenues increased by $5.5 million mainly due to a $2.9 million increase in charges for services and a $2.1 million increase in operating grants. The City saw an increase in charges for services as a result of an increase in development -related activity. The American Rescue Plan grant revenue decreased by $.8 million, but was offset by a $2.7 million increase in grant revenue from the Elementary and Secondary School Emergency Relief Fund. The table below presents a summary of changes in net position for the years ended September 30, 2024 and 2023, as derived from the Government -Wide Statement of Activities: Changes in Net Position (in thousands) Governmental Business -Type Activities Activities Total 2024 2023 2024 2023 2024 2023 Revenues and transfers: Program revenues: Charges for services $ 18,870 $ 15,963 $ 1,466 $ 1,496 $ 20,336 $ 17,459 Operating grants and contributions 29,532 27,447 - - 29,532 27,447 Capital grants and contributions 1,600 1,112 1,600 1,112 General revenues: Property taxes 20,745 18,821 20,745 18,821 Utility and other locally levied taxes 11,871 11,136 11,871 11,136 Franchise fees 5,683 5,737 5,683 5,737 Intergovernmental revenues 8,978 9,066 - 8,978 9,066 Investment income 5,221 3,215 112 47 5,333 3,262 Other revenues 1,087 299 11 - 1,098 299 Total revenues 103,587 92,796 1,589 1,543 105,176 94,339 Expenses: General government 9,487 8,750 - - 9,487 8,750 Public safety 37,253 30,201 37,253 30,201 Community services 35,934 33,753 35,934 33,753 Public works 5,589 5,322 5,589 5,322 Interest and fiscal charges 525 587 - - 525 587 Stormwater utility - - 1,053 1,131 1,053 1,131 Total expenses 88,788 78,613 1,053 1,131 89,841 79,744 Change in net position 14,799 14,183 536 412 15,335 14,595 Net position, beginning of year 141,368 127,185 11,278 10,866 152,646 138,051 Net position, end of year $ 156,167 $ 141,368 $ 11,814 $ 11,278 $ 167,981 $ 152,646 The activities for the City reflect an overall increase in revenues of $10.8 million and expenses increased by $10.1 million. The governmental activities were responsible for most of the increases, while the revenues and expenses in the business -type funds were flat. Governmental revenues increased by $10.8 million, primarily due to increases in charges for services and operating grants and contributions. General revenues increased by $5.4 million primarily due to increases in ad valorem taxes and investment earnings. 10 City of Aventura, Florida Management's Discussion and Analysis September 30, 2024 Financial Analysis of the City of Aventura's Funds As noted earlier, the City uses fund accounting to ensure and demonstrate compliance with finance - related legal requirements. Governmental funds The focus of the City's governmental funds is to provide information on near -term inflows, outflows and balances of spendable resources. Such information is useful in assessing the City's financing requirements. In particular, unrestricted fund balance (committed, assigned and unassigned) may serve as a useful measure of a government's net resources available for spending at the end of the fiscal year. The General Fund is the City's chief operating fund and at end of the current fiscal year its total fund balance approximated $62.8 million. The City's approved fund balance policy requires a hurricane/emergency reserve of $5.0 million. In addition, the Commission annually approves a portion of fund balance to be reserved for future capital projects, $3.0 million in the current year. As a measure of the General Fund's liquidity, it may be useful to compare both unrestricted fund balance and total fund balance to total general fund expenditures. Unassigned fund balance equals approximately $53.1 million or 84.4% of the General Fund total fund balance. This amount represents approximately 98.8% of total general fund expenditures (inclusive of transfers out) and is available for spending at the government's discretion. The total fund balance of the City's General Fund increased by $6.6 million. During the current fiscal year revenues increased by $5.8 million and expenditures increased by $10.1 million, respectively (including transfers in & out and debt proceeds). Ad Valorem taxes increase by $1.9 million, with no increase in the millage rate. The utility tax agreements with the services providers, generated an additional $0.7 million and investment earnings increase by $1.7 million. Miscellaneous income increased by $0.5 million as a result a donation towards the High School's construction costs. The American Rescue Plan Act Fund is used to record the activity related to the Federal funded Coronavirus State & Local Fiscal Recovery Funds grant. Fund balance increased by $0.4 million, due to the City earning interest on the cash advances from the Federal Government. The fund recognized $6.1 million in revenues and $5.7 million in expenditures. The Aventura City of Excellence School Fund is used to record the operations of the Aventura City of Excellence School ("ACES"). The school's fund balance increased by $3.0 million. Revenues increased by $0.4 million and expenditures increased by approximately $0.2 million. Included in the revenues was a $4.5 million transfer from the City's General Fund. The Don Soffer Aventura High School Fund is used to record the operations of the Don Soffer Aventura High School, which is in its seventh year of operations. The student population was being phased in over four years, with full enrollment achieved in fiscal year 2022/23 and continuing in fiscal year 2023/24. The revenues increased by approximately $2.5 million and expenditures increased by approximately $1.7 million. Total fund balance increased by $1.1 million. Proprietary fund The proprietary fund is used to record the operations of the stormwater-related activities and experienced an increase in net position of $0.5 million over the prior year. There were no significant changes in the operation. Revenues and expenses remained comparable to the prior year. 11 City of Aventura, Florida Management's Discussion and Analysis September 30, 2024 Financial Analysis of the City of Aventura's Funds (continued) During the year, the original budget was amended to reflect an additional $7.6 million in new revenues and expenditures. Revenues and expenditures increased approximately as follows: • $3.4 million transfer to the Aventura City of Excellence School. The school incurred additional expenses for several years, during the COVID-19 pandemic. The transfer was made to eliminate the negative fund balance as reimbursements to the school were delayed. The additional costs were to be funded by the Elementary and Secondary School Emergency Relief Fund. • $0.5 million expenditures related to the automatic reappropriation of capital -related encumbrances for capital projects that were in process at the end of fiscal year 2023. • $1.1 million expenditures related to police overtime, related benefit costs, and pension costs. • $1.1 million expenditures related to an increase in contract services for recreation programs and the Cultural Art Center. • $1.0 million expenditures related mostly to capital projects at the City's parks. The increase was primarily for projects located at Founders Park. During the year, revenues exceeded budgetary estimates and expenditures were less than budgetary estimates, resulting in the net increase to fund balance of approximately $6.6 million. As explained earlier, much of the unrestricted fund balance will continue to be utilized in future years to fund various capital needs. Capital Assets As of September 30, 2024, and 2023, the City had $112.3 million and $111.7 million, respectively, invested in a variety of capital assets, as reflected in the following schedule: Capital assets (in thousands, net of depreciation) Governmental Business -Type Activities Activities Total 2024 2023 2024 2023 2024 2023 Land $ 25,645 $ 25,645 $ - $ - $ 25,645 $ 25,645 Buildings 36,790 38,380 36,790 38,380 Improvements other than buildings 14,982 8,404 14,982 8,404 Furniture, machinery and equipment 5,961 5,467 - - 5,961 5,467 Infrastructure 17,219 18,374 8,870 9,321 26,089 27,695 Right -to -use lease assets 256 322 44 76 300 398 Construction in progress 2,312 5,471 299 280 2,611 5,751 Total $ 103,165 $ 102,063 $ 9,213 $ 9,677 $ 112,378 $ 111,740 Additional information can be found in Note 7 - Capital Assets. IV) City of Aventura, Florida Management's Discussion and Analysis September 30, 2024 Debt Administration As of year-end, the City had $13.0 million in debt outstanding compared to the $15.0 million last year, a $2.0 million decrease. All debt is secured only by a covenant to budget and appropriate. Bonded Debt and Notes Payable (in thousands) Governmental Business -Type Activities Activities Total 2024 2023 2024 2023 2024 2023 Non -Ad Valorem bonds $ 13,015 $ 14,980 $ $ $ 13,015 $ 14,980 Additional information can be found in Note 8 — Long -Term Liabilities of Governmental Activities. Economic Factors and Next Year's Budgets and Rates The State of Florida, by constitution, does not have a state personal income tax and therefore the State operates primarily using sales, gasoline and corporate income taxes. Local governments including cities, counties and school boards primarily rely on property and a limited array of permitted other taxes (e.g., utility taxes, franchise fees and occupational licenses) and intergovernmental revenues to provide funding for their governmental activities. For business -type activities and certain governmental activities (e.g., construction services and recreational programs), a fee or charge is paid by those that utilize the service. The budget does not include any significant expansion or additional areas of service. The total proposed budget for FY 2024/25, including all funds, capital outlay and debt service, (net of interfund eliminations) is $66,617,424. In total, this is $2,121,401 or 3.1% less than the prior year's amended budget. Once again, our strong fiscal policies and prudent budgeting have assisted in the maintenance of all existing service levels and avoiding raising the tax rate for the 29th year in a row. Strong fiscal policies and prudent budgeting have enabled the City to maintain the second lowest operating tax rate within the County, during fiscal year 2024/25, while at the same time provide high - quality services to our residents. The City experienced an 8.3% increase in property values over the prior year while the addition of new construction totaled by approximately $56.7 million. This is the fourth year in the last six years that we have seen an increase in the City's existing property values. The FY 2024/25 budget totals $66.6 million (net of inter -fund elimination) or 3.1% less than the previous year. Capital Outlay expenditures are budgeted at $10.2 million, maintaining the same level as the prior year. In the coming year, funding has been planned and provided for park facility improvements, police vehicles as well as the continued investment in state-of-the-art technology to better serve and protect our residents. In addition, the City has made it a priority to maintain its infrastructure (e.g., government buildings and its park facilities) to a very high standard in order to ensure their sustainability well into the future. Operating costs increased by $3,490,202 or 6.9% as compared to the previous year's amended budget. The budget maintains our current level for all City services except the following areas: • An increase of 5.0% for health insurance and 9.2% for dental insurance was considered in the development of the 2024/25 budget. 13 City of Aventura, Florida Management's Discussion and Analysis September 30, 2024 Economic Factors and Next Year's Budgets and Rates (continued) Police Department expenditures increased by $1.4 million primarily due to personnel costs, including increased health insurance and pension costs. • Building Inspection services, permit revenue and other miscellaneous revenues now budgeted in the Building Fund as of the City's FY 2022/23, increased by $1,014,368 due to an increase in development activity. • The Community Services Department budget increased by $1,466,203 primarily related to costs associated with higher demand for recreational programs, as they rebound from the negative COVID-19 impacts and return to at or above pre -pandemic levels. In addition, repairs and maintenance, utility costs and janitorial services were moved from the Public Works Department to the Community Services Department. Requests for Information This financial report is designed to provide our citizens, taxpayers, customers and investors and creditors with a general overview of the City's finances and to demonstrate the City's accountability. If you should have any questions pertaining to the information presented in this report or would like additional information, please contact the City's Finance Director at 19200 W. Country Club Drive, Aventura, Florida 33180. ME BASIC FINANCIAL STATEMENTS City of Aventura Statement of Net Position September 30. 2024 Governmental Business -Type Activities Activities Total Assets: Cash, cash equivalents and investments $ 84,651,230 $ 2,546,491 $ 87,197,721 Receivables, net of allowance for uncollectibles 2,408,066 - 2,408,066 Due from other governments 3,790,157 224,049 4,014,206 Prepaids and other assets 2,699,916 - 2,699,916 Inventories 22,818 22,818 Internal balances * 1,742,650 - 1,742,650 Capital assets: Nondepreciable 27,956,999 299,403 28,256,402 Depreciable (net) 75,208,640 8,913,674 84,122,314 Total assets 198,480,476 11,983,617 210,464,093 Deferred outflows of resources: Deferred outflows relating to pensions 9,867,881 - 9,867,881 Deferred outflows relating to other post employment benefits (OPEB) 789,453 789,453 Deferred charge on refunding 137,615 137,615 Total deferred outflows of resources 10,794,949 10,794,949 Liabilities: Accounts payable Accrued liabilities Due to other governments Unearned revenues Accrued interest payable Noncurrent liabilities: Due within one year Due in more than one year Total liabilities Deferred inflows of resources: Deferred inflows relating to pensions Deferred inflows relating to other post employment benefits (OPEB) Total deferred inflows of resources Net position: Net investment in capital assets Restricted for: Public works/transportation Public safety/law enforcement Community development Capital projects Debt service Unrestricted Total net position $ * Charter Schools are presented as of June 30, 2024. 2,637,208 4,633,712 58,963 6,432,085 42,658 5,739,555 32,015,843 51,560,024 319,205 1,229,106 1,548,311 152,354 16,901 169,255 2,789,562 4,633,712 58,963 6,432,085 42,658 5,756,456 32,015,843 51,729,279 319,205 11229,106 1,548,311 90,061,817 9,196,176 99,257,993 8,710,957 - 8,710,957 723,279 723,279 3,630,584 3,630,584 1,720,739 1,720,739 376,330 - 376,330 50,943,384 2,618,186 53,561,570 156,167,090 $ 11,814,362 $ 167,981,452 The accompanying notes to the financial statements are an integral part of these statements. City of Aventura, Florida Statement of Activities For the Year Ended September 30, 2024 Functions/Programs: Primary Government: Governmental activities: General government Public safety Community services Public works Interest and fiscal charges Total governmental activities Business -type activities: Stormwater utility Total primary government Program Revenues Operating Capital Charges for Grants and Grants and Expenses Services Contributions Contributions Net Revenue (Expense) and Change in Net Position Governmental Business -Type Activities Activities Total $ 9,487,338 $ - $ 5,919 $ - $ (9,481,419) $ - $ (9,481,419) 37,252,614 14,117,225 5,805,294 - (17,330,095) - (17,330,095) 35,934,324 3,960,473 23,708,283 1,600,388 (6,665,180) - (6,665,180) 5,588,861 791,854 12,676 - (4,784,331) - (4,784,331) 524,569 - - - (524,569) - (524,569) 88,787,706 18,869,552 29,532,172 1,600,388 (38,785,594) - (38,785,594) 1,052,701 1,466,061 - - - 413,360 413,360 $ 89,840,407 $ 20,335,613 $ 29,532,172 $ 1,600,388 (38,785,594) 413,360 (38,372,234) General revenue: Ad valorem taxes Utility service and other locally levied taxes Franchise fees Intergovernmental, unrestricted Investment income Miscellaneous Total general revenues Change in net position Net position, beginning Net position, ending * Charter Schools are presented for the year ended June 30, 2024. 20,744,917 - 20,744,917 11,870,888 - 11,870,888 5,682,995 - 5,682,995 8,977,578 - 8,977,578 5,220,990 111,686 5,332,676 1,087, 301 11,651 1,098,952 53,584,669 123,337 53,708,006 14,799,075 536,697 15,335,772 1A1 2GQl11C 11177 GGC 1C7 GAC GQO $ 156,167,090 $ 11,814,362 $ 167,981,452 The accompanying notes to the financial statements are an integral part of these statements. W-1 City of Aventura, Florida Balance Sheet - Governmental Funds September 30, 2024 Major Funds Aventura Citizens' American City of Don Soffer Independent Rescue Excellence Aventura Transportation Nonmajor Total General Plan Act School High School Trust (CITT) Governmental Governmental Fund Fund Fund* Fund* Fund Funds Funds Assets: Cash and cash equivalents and investments Accounts receivable, net Due from other funds Due from other governments Inventories Prepaid items and other assets Total assets Liabilities: Accounts payable Accrued liabilities Due to other funds Due to other governments Unearned revenues Total liabilities Deferred inflows of resources: Unavailable revenues Total deferred inflows of resources Fund balances: Nonspendable: Inventories Prepaid items and other assets Restricted for: Public works/transportation Public safety/law enforcement Community development Capital projects Debt service Committed for: Capital reserves Hurricane/emergency and disaster recovery operating reserves Assigned for: Charter school operations Subsequent year's budget Unassigned (deficit) Total fund balances (deficit) Total liabilities, deferred inflows of resources, and fund balances (deficit) * As of June 30, 2024. $ 62,990,568 $ 5,623,325 $ 400 $ 421,888 $ 627,319 $ 14,987,730 $ 84,651,230 2,408,066 - - - - - 2,408,066 1,771,141 - 1,742,650 - - 3,513,791 788,627 1,660,399 834,697 492,519 13,915 3,790,157 22,818 - - - - 22,818 1,147,103 - 30,430 65,823 1,456,560 2,699,916 $ 69,128,323 $ 5,623,325 $ 1,691,229 $ 3,065,058 $ 2,576,398 $ 15,001,645 $ 97,085,978 $ 1,233,421 $ 228,234 $ 417,293 $ 53,147 223,818 $ 481,295 $ 2,637,208 3,365,594 - 658,186 499,431 - 110,501 4,633,712 314,581 - 1,456,560 - 1,771,141 3,433 - - - 55,530 58,963 1,684,564 4,587,521 - 160,000 - 6,432,085 6,287,012 4,815,755 1,390,060 552,578 1,840,378 647,326 15,533,109 - - 248,816 - - - 248,816 - 248,816 248,816 22,818 - - - 22,818 1,147,103 30,430 65,823 1,456,560 - 2,699,916 - - - - 8,710,957 8,710,957 723,279 723,279 - 3,630,584 3,630,584 807,570 913,169 1,720,739 - - 376,330 376,330 2,988,970 - 2,988,970 5,000,000 5,000,000 258,937 21,923 2,446,657 2,727,517 361,669 - - 361,669 53,061,814 - (720,540) - 52,341,274 62,841,311 807,570 52,353 2,512,480 736,020 14,354,319 81,304,053 $ 69,128,323 $ 5,623,325 $ 1,691,229 $ 3,065,058 $ 2,576,398 $ 15,001,645 $ 97,085,978 The accompanying notes to financial statements are an integral part of these statements. 17 City of Aventura, Florida Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position September 30, 2024 Amounts reported for governmental activities in the statement of net position are different as a result of: Total fund balances - governmental funds Capital assets used in governmental activities are not financial resources and, therefore, are not reported in the governmental funds: Governmental capital assets Less: accumulated depreciation Certain revenues are considered deferred inflows of resources in the fund financial statements due to availability of funds; under full accrual accounting they are considered revenues. Long-term liabilities are not due and payable in the current period, and therefore, are not reported in the governmental funds: Bonds payable Lease payable Total other post employment benefits (OPEB) liability Net pension liability Compensated absences Accrued interest payable Deferred charge on refunding Certain funds related to pension and other post employment benefits (OPEB) liabilities; are not reported in the governmental funds: Deferred outflows relating to pensions Deferred inflows relating to pensions Deferred outflows relating to other post employment benefits (OPEB) Deferred inflows relating to other post employment benefits (OPEB) Net position of governmental activities $ 198,470,883 (95,305,244) 81,304,053 103,165,639 $ (13,015,000) (212,742) (1,337,832) (19,063,020) (4,126,804) (42,658) 137,615 (37,660,441) $ 9,867,881 (319,205) 789,453 (1,229,106) 9,109,023 $ 156,167,090 The accompanying notes to financial statements are an integral part of these statements. IN City of Aventura, Florida Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Funds For the Year Ended September 30, 2024 Major Funds Aventura Citizens' American City of Don Soffer Independent Rescue Excellence Aventura Transportation Nonmajor Total General Plan Act School High School Trust CCITT) Governmental Governmental Fund Fund Fund* Fund* Fund** Funds Funds Revenues: Ad valorem taxes Utility service and other locally levied taxes Franchise fees Licenses, permits and impact fees Intergovernmental revenues Charges for services Fines and forfeitures Investment income Miscellaneous Total revenues Expenditures: Current: General government Public safety Community services Public works Capital outlay Debt service: Principal Interest Total expenditures Excess (deficiency) of revenues over (under) expenditures Other financing sources (uses): Transfersin Transfers out Total other financing sources (uses) Netchangein fund balances Fund balances (deficit), beginning** Fund balances, end of year * For the year ended June 30, 2024. $ 20,744,917 $ $ $ $ $ $ 20,744,917 11,870,888 11,870,888 5,682,995 5,682,995 260 29,518 8,125,834 8,155,612 5,693,621 5,722,101 11,954,022 11,080,429 2,509,944 921,583 37,881,700 5,789,648 - 643,273 114,273 - - 6,547,194 4,159,413 - - - - 7,333 4,166,746 3,975,940 441,993 - 56,819 10,898 735,340 5,220,990 725,488 - 1,697,964 1,411,876 - - 3,835,328 58,643,170 6,164,094 14,295,259 12,663,397 2,550,360 9,790,090 104,106,370 8,587,850 2,000 - - 8,589,850 26,143,783 - - - 1,797,650 5,556,239 33,497,672 6,235,566 14,366,433 10,178,550 - - 30,780,549 3,618,816 - - - - 689,474 4,308,290 2,543,351 5,720,101 931,791 283,689 16,690 175,099 9,670,721 - - - - - 1,965,000 1,965,000 - - - - - 490,234 490,234 47,129,366 5,722,101 15,298,224 10,462,239 1,814,340 8,876,046 89,302,316 11,513,804 441,993 (1,002,965) 2,201,158 736,020 914,044 14,804,054 1,680,876 - 4,501,495 - - 2,455,234 8,637,605 (6,552,801) (444,000) (1,144,376) (536,500) (8,677,677) (4,871,925) - 4,057,495 (1,144,376) 1,918,734 (40,072) 6,641,879 441,993 3,054,530 1,056,782 736,020 2,832,778 14,763,982 56,199,432 365,577 (3,002,177) 1,455,698 - 11,521,541 66,540,071 $ 62,841,311 $ 807,570 $ 52,353 $ 2,512,480 $ 736,020 $ 14,354,319 $ 81,304,053 The accompanying notes to financial statements are an integral part of these statements. 19 City of Aventura, Florida Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities For the Year Ended September 30, 2024 Amounts reported for governmental activities in the statement of activities are different because: Net change in fund balances - total governmental funds $ 14,763,982 Governmental funds report capital outlays as expenditures; however, in the statement of activities, the cost of those assets is depreciated or amortized over their estimated useful lives and reported as depreciation/amortization expense. Expenditure for capital assets $ 7,564,339 Less: net book value of retirements and transfers (30,332) Less: current year depreciation/amortization (6,431,181) 1,102,826 Revenues that are earned but not received within the availability period are recognized in the statement of activities when earned and subsequently recognized in the governmental fund financial statements as they become available. The difference is recorded as a reconciling item. (479,517) Repayment of bond principal is an expenditure in the governmental funds, but the repayment reduces long-term liabilities in the statement of net position. 1,965,000 Repayment of a lease is an expenditure in the governmental funds, but the repayment reduces long-term liabilities in the statement of net position. 131,421 Some expenses reported in the statement of activities do not require the use of current financial resources and; therefore, are not reported as expenditures in governmental funds: Change in other post employment benefits (OPEB) liability $ (107,928) Change in net pension liability 1,515,846 Change in compensated absences 76,933 Amortization of deferred charges (39,161) Change in accrued interest payable 4,826 1,450,516 Certain changes related to pension and other post employment benefits (OPEB) liabilities are not reported in the net change in the governmental funds: Change in deferred outflows relating to pensions $ (4,423,079) Change in deferred inflows relating to pensions 319,205 Change in deferred outflows relating to other post employment benefits (OPEB) (241,550) Change in deferred inflows relating to other post employment benefits (OPEB) 210,271 (4,135,153) Change in net position of governmental activities $ 14,799,075 The accompanying notes to financial statements are an integral part of these statements. 20 City of Aventura, Florida Statement of Net Position Proprietary Fund September 30, 2024 Stormwater Utility Fund Assets: Current assets: Cash, cash equivalents and investments $ 2,546,491 Due from other governments 224,049 Total current assets 2,770,540 Noncurrent assets: Capital assets nondepreciable 299,403 Capital assets depreciable (net) 8,913,674 Total noncurrent assets 9,213,077 Total assets 11,983,617 Liabilities: Current liabilities: Accounts payable and accrued liabilities 152,354 Subscription liabilities 16,901 Total current liabilities 169,255 Total liabilities 169,255 Net position: Net investment in capital assets 9,196,176 Unrestricted 2,618,186 Total net position $ 11,814,362 The accompanying notes to financial statements are an integral part of these statements. 21 City of Aventura, Florida Statement of Revenues, Expenses and Changes in Net Position Proprietary Fund For the Year Ended September 30, 2024 Stormwater Utility Fund Operating revenues: Charges for services $ 1,466,061 Operating expenses: Cost of sales and services 503,450 Depreciation and amortization expense 549,251 Total operating expenses 1,052,701 Operating income 413,360 Nonoperating revenues (expenses): Investment income 111,686 Other income 11,651 Total nonoperating revenues (expenses) 123,337 Change in net position 536,697 Net position, beginning of year 11,277,665 Net position, end of year $ 11,814,362 The accompanying notes to financial statements are an integral part of these statements. 22 City of Aventura, Florida Statement of Cash Flows Proprietary Fund For the Year Ended September 30, 2024 Cash flows from operating activities: Cash received from customers, users and others $ 1,542,534 Cash paid to suppliers (459,254) Other receipts 11,651 Net cash provided by operating activities 1,094,931 Cash flows from capital and related financing activities: Acquisition and construction of capital assets (85,528) Payments paid on subscription liability (24,973) Net cash used in capital and related financing activities (110,501) Cash flows from investing activities: Investment income 111,686 Net cash provided by investing activities 111,686 Net increase in cash, cash equivalents and investments 1,096,116 Cash, cash equivalents and investments, beginning of year 1,450,375 Cash, cash equivalents and investments, end of year $ 2,546,491 Reconciliation of operating income to net cash provided by operating activities: Operating income $ 413,360 Adjustments to reconcile operating income to net cash provided byoperating activities: Other revenues 11,651 Depreciation and amortization expense 549,251 Changes in assets and liabilities: (Increase) decrease in due from other governments 76,473 Increase (decrease) in accounts payable 44,196 Total adjustments Net cash provided by operating activities 681,571 $ 1,094,931 The accompanying notes to financial statements are an integral part of these statements. 23 City of Aventura, Florida Statement of Net Position Fiduciary Fund - Police Officers' Retirement Plan September 30, 2024 Pension Trust Fund Assets: Investments, at fair value: Equity securities $ 52,422,482 Government securities 8,161,225 Corporate bonds 4,049,668 Hedge funds 3,844,172 Self -directed DROP accounts 4,441,682 Money market funds 4,019,759 Real estate fund 2,172,771 Fixed income mutual funds 1,490,946 Total investments 80,602,705 Receivables: Accrued investment income 191,385 Accounts receivable - sale of investments 12,771 Total receivables 204,156 Other assets 207,102 Total assets 81,013,963 Liabilities: Accounts payable 36,221 Deferred inflows of resources: Advanced contributions from employer 151,542 Net Position: Net position restricted for defined benefits 76,384,518 Net position restricted for drop benefits 4,441,682 Total net position $ 80,826,200 The accompanying notes to financial statements are an integral part of these statements. 24 City of Aventura, Florida Statement of Changes in Net Position Fiduciary Fund - Police Officers' Retirement Plan For the Year Ended September 30, 2024 Additions: Contributions: City City contributions for benefit improvements Employees Florida chapter 185 Buyback Total contributions Investment income: Net appreciation in fair value of investments Interest and dividend income Total investment income Less: investment expenses Net investment income Other income: Total additions Deductions: Benefits paid directly to retirees DROP distributions Contribution refunds Administrative expenses Total deductions Net increase in net position Net Position, beginning of year Net Position, end of year Pension Trust Fund $ 2,184,984 1,011,000 902,012 5991490 29,948 4,727,434 14,287,299 1,528,079 15,815,378 393,557 15,421,821 1,444 20,150,699 2,323,884 1,927,358 57,065 163,456 4,471,763 15,678,936 65,147,264 $ 80,826,200 The accompanying notes to financial statements are an integral part of these statements. 25 NOTES TO BASIC FINANCIAL STATEMENTS City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 1- Summary of Significant Accounting Policies The City of Aventura, Florida (the "City") was incorporated on November 7, 1995. The City operates under a commission -manager form of government and provides the following full range of municipal services as authorized by its charter: public safety, highways and streets, building, licensing and code compliance, culture and recreation, public works and stormwater management, public records and general administrative services. The Annual Comprehensive Financial Report (the "ACFR") of the City includes all funds. The financial statements of the City have been prepared to conform with accounting principles generally accepted in the United States of America ("GAAP") as applicable to state and local governments. The Governmental Accounting Standards Board ("GASB") is the accepted standard -setting body for establishing governmental accounting and financial reporting principles. Significant accounting and reporting policies and practices used by the City are described below: A. Financial Reporting Entity The financial statements were prepared in accordance with GAAP, which establishes standards for defining and reporting on the financial reporting entity. The definition of the financial reporting entity is based upon the concept that elected officials are accountable to their constituents for their actions. One of the objectives of financial reporting is to provide users of financial statements with a basis for assessing the accountability of the elected officials. The financial reporting entity consists of the City, organizations for which the City is financially accountable and other organizations for which the nature and significance of their relationship with the City are such that exclusion would cause the reporting entity's financial statements to be misleading or incomplete. The City is financially accountable for a component unit if it appoints a voting majority of the organization's governing board and it is able to impose its will on that organization or there is a potential for the organization to provide specific financial benefits to, or impose specific financial burdens on the City. Discretely Presented Component Units Discretely presented component units are separate legal entities that meet the component unit criteria described above, but do not meet the criteria for blending, given that they do not function as an internal part of the primary government. Currently, the City has no discretely presented component units. Blended Component Units Blended component units are separate legal entities that meet the component unit criteria described above and whose governing body is the same as, substantially the same as, or appointed by the City Commission and the component unit provides services (financial benefit) entirely to the City. During the year, the City has no blended component units. 26 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 1- Summary of Significant Accounting Policies (continued) B. Government Wide and Fund Financial Statements The basic financial statements include both government -wide (based on the City as a whole) and fund financial statements. The government -wide financial statements (i.e., the statement of net position and the statement of activities) report information on all activities of the City. As a general rule, the effect of interfund services provided and used has been eliminated from these statements. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported separately from business -type activities, which rely to a significant extent on fees and charges for services. The government -wide statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those expenses that are clearly identifiable with a specific function or segment. Program revenues include: 1) charges to customers or applicants who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment and 2) grants and contributions that are restricted to meeting the operation or capital requirements of a particular function or segment. Taxes and other items not properly included among program revenues are reported instead as general revenues. The net cost (by function) is normally covered by general revenue (i.e., property taxes, sales taxes, franchise taxes, unrestricted intergovernmental revenues, interest income, etc.). Separate fund financial statements are provided for governmental funds, proprietary funds and fiduciary funds, even though the latter are excluded from the government -wide financial statements. The focus of fund financial statements is on major funds. Major individual governmental funds and the major individual enterprise funds are reported as separate columns in the fund financial statements. GASB Statement No. 34 sets forth minimum criteria (percentage of assets/deferred outflows, liabilities/deferred inflows, revenues or expenditures/expenses of either fund category for the governmental and enterprise, combined, or funds that management deems of public importance) for the determination of major funds. The nonmajor funds are combined and presented in a single column in the fund financial statements. The government -wide -focus is more on the sustainability of the City as an entity and the change in aggregate financial position resulting from the activities of the fiscal period. The focus of the fund financial statements is on the major individual funds of the governmental and business -type categories, (by category). Each presentation provides valuable information that can be analyzed and compared to enhance the usefulness of the information. C. Measurement Focus, Basis of Accounting and Financial Statement Presentation The government -wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting, as are the proprietary and fiduciary fund financial statements. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Property taxes are recognized as revenues in the year when an enforceable lien exists and when levied for. Grants and similar items are recognized as revenues as soon as all eligibility requirements imposed by the provider have been met. 27 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 1- Summary of Significant Accounting Policies (continued) Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures, as well as expenditures related to compensated absences, pension, other postemployment benefits and claims and judgments, are recorded only when due. Property taxes, when levied for, franchise fees, utility taxes, charges for services, impact fees, intergovernmental revenues when eligibility requirements are met and investment income associated with the current fiscal period are all considered to be measurable and have been recognized as revenues of the current fiscal period, if available. All other revenue items such as fines and forfeitures and licenses and permits are considered to be measurable and available when cash is received by the City. Proprietary fund -type operating statements present increases (e.g., revenues) and decreases (e.g., expenses) in total net position. Proprietary funds distinguish operating revenues and expenses from non -operating items. Operating revenues and expenses generally result from providing services and producing and delivering goods in connection with a proprietary fund's principal ongoing operations. The principal operating revenues of the proprietary fund are charges to customers for sales and services. Operating expenses for proprietary funds include the costs of sales and services, administrative expenses and depreciation on capital assets. All revenues and expenses that do not meet this definition are reported as non -operating revenues or expenses. The City owns and operates two charter schools: Aventura City of Excellence School and Don Soffer Aventura High School. These schools are presented as major special revenue funds, as noted below, and have a fiscal year of July 1st through June 30th. The Charter Schools are required to legally adopt budgets and are also required to issue separately audited special purpose financial statements. The City reports the following major governmental funds: GPnPrnl Fund This fund is the principal operating fund of the City. All general tax revenues and other receipts that are not allocated by law or contractual agreement to another fund are accounted for in this fund. American Rescue Plan Act Fund This special revenue fund is used to account for funds awarded to the City under the American Rescue Plan Act of 2021. Aventura City of Excellence School Fund This fund is used to account for revenues and expenditures from the operations of the Aventura City of Excellence School, a special revenue fund of the City. Don Soffer Aventura High School Fund This fund is used to account for revenues and expenditures from the operations of the Don Soffer Aventura High School, a special revenue fund of the City. City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 1— Summary of Significant Accounting Policies (continued) Citizens' Independent Transportation Trust (CITT) Fund Effective October 1, 2023, The City created this special revenue fund to account for funds utilized by the citywide bicycle sharing program and the enhanced portion of the transit services. The City reports the following proprietary fund: Stormwater Utility Fund This fund accounts for the operation, construction, and maintenance of the City's stormwater drainage system. Additionally, the government reports the following fiduciary fund type: City of Aventura Police Officers' Retirement Plan This pension trust fund accounts for the activities of the Police Officers' Retirement Plan that accumulates resources for pension benefits to qualifying police officers. As a general rule, the effect of interfund activity has been eliminated from the government -wide financial statements. Amounts reported as program revenues include: 1) charges to customers or applicants for goods, services or privileges provided, 2) operating grants and contributions and 3) capital grants and contributions. Internally dedicated resources are reported as general revenues rather than as program revenues. Likewise, general revenues include all taxes. 1. Cash, cash equivalents and investments - Cash and cash equivalents are defined as demand deposits, money market accounts and other short-term investments with original maturities of three months or less from the date of acquisition. In general, the City maintains a pooled cash account for all funds. This enables the City to invest large amounts of idle cash for short periods of time and to optimize earnings potential. Cash, cash equivalents and investments represent the amount owned by each City fund. Resources of all funds, with the exception of the pension fund, are also combined into investment pools for the purpose of maximizing investment yields. Earnings on pooled cash and investments are allocated monthly based on balances of the respective funds. The City's investments are reported at their estimated fair value except for the City's investment in the Florida PRIME which is recorded/valued at the amortized cost method. The pension plan's investments are reported at estimated fair value. 2. Receivables and payables - Activities between funds that are representative of lending/borrowing arrangements outstanding at the end of the fiscal year are referred to as either "due to/from other funds" (the current portion of interfund loans) or"advances to/from other funds" (the noncurrent portions of interfund loans). Any residual balances outstanding between the governmental activities and business activities, or differences created between governmental funds due to timing of year end reporting, are reported in the government - wide financial statements as "internal balances." The City recognizes receivables in its various funds based on the accounting basis required for the fund. Allowances are provided for possible uncollectible amounts. 29 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 1- Summary of Significant Accounting Policies (continued) 3. Prepaid expenses/expenditures - Certain payments to vendors reflect costs applicable to a future accounting period and are recorded as prepaid items in both government -wide and fund financial statements. 4. Inventories - Inventories held for resale are reported at the lower of cost (first -in, first -out) or market. Inventories of supplies are reported at cost. These amounts are typically reported as nonspendable in governmental fund financial statements. Inventory (supplies) is accounted for using the consumption method whereby inventories are recorded as expenditures when they are used. 5. Capital assets - Capital assets purchased or acquired with an original cost of $ 5,000 or more are reported at historical cost or estimated historical cost. Donated capital assets, donated works of art and similar items, and capital assets received in a service concession arrangement are reported at acquisition value. Additions, improvements and other capital outlays that significantly extend the useful life of an asset are capitalized. Other costs incurred for repairs and maintenance are expensed as incurred. Depreciation on all assets is provided on the straight-line basis over the following estimated useful lives: Buildings 25 years Improvements other than buildings 20 - 30 years Infrastructure 20 - 40 years Furniture, machinery and equipment 3-20 years Within governmental funds, amounts incurred for the acquisition of capital assets are reported as fund expenditures. Depreciation expense is not reported within the governmental fund financial statements. The City has recorded a right of use lease asset and a software subscription asset as a result of implementing GASB 87 and GASB 96, respectively. These assets are initially measured at an amount equal to the initial measurement of the related liability plus any payments made prior to the terms of these arrangements, less incentives, and plus ancillary charges necessary to place the assets into service. The assets are amortized on a straight-line basis over the life of the respective lease and subscription arrangements. 6. Deferred outflows/inflows of resources - In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net assets that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. The City has pension related amounts, post -employment benefits other than pension (OPEB), and deferred charge on refunding that qualify for reporting in this category on the government -wide statement of net position. 30 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 1- Summary of Significant Accounting Policies (continued) Deferred charge on refunding reported results from the difference in the carrying value of refunded debt and its reacquisition price. This amount is deferred and amortized over the shorter of the life of the refunded or refunding debt. In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net assets that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until then. The City has pension and OPEB related amounts that qualify for reporting in this category on the government -wide statement of net position. Unavailable revenues, on the governmental fund financial statements, consist of intergovernmental revenues. These amounts are deferred and recognized as an inflow of resources in the period that the amounts become available. 7. Compensated absences payable - The City's sick leave policy permits employees to accumulate earned but unused sick pay benefits. Upon termination, sick pay is paid out, between 0 - 100% based on length of service. The City's vacation policy is that earned vacation is cumulative although limited to certain maximums based on length of service. Accumulated compensated absences are recorded in the government -wide and proprietary fund financial statements when earned. Expenditures for accumulated compensated absences have been recorded in the governmental funds only if they have matured, (e.g., resulting from employee resignations and retirements). Payments are generally paid out of the General Fund. 8. Long-term obligations - In the government -wide financial statements and proprietary fund type in the fund financial statements, long-term debt and other long-term obligations are reported as liabilities in the applicable governmental activities, business -type activities or proprietary fund type statement of net position. Bond premiums and discounts are deferred and amortized over the life of the bonds using the straight-line method, which approximates the effective interest method. Bond issue costs are expensed at issuance. Bonds payable are reported net of the applicable premiums and discounts, if applicable. In the fund financial statements, governmental fund types recognize bond premiums and discounts, as well as debt issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, and principal payments, are reported as debt service expenditures. 31 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 1- Summary of Significant Accounting Policies (continued) 9. Leases and Subscriptions - Leases are defined by the general government as the right to use an underlying asset. As lessee, the City recognizes a lease liability and an intangible right -of - use lease asset at the beginning of a lease unless the lease is considered a short-term lease or transfers ownership of the underlying asset. Right -of -use lease assets are measured based on the net present value of the future lease payments at inception, using the weighted average cost of capital, which approximate the incremental borrowing rate. Re -measurement of a lease liability occurs when there is a change in the lease term and/or other changes that are likely to have a significant impact on the lease liability. The City calculates the amortization of the discount on the lease liability and report that amount as outflows of resources. Payments are allocated first to accrued interest liability and then to the lease liability. Variable lease payments based on the usage of the underlying assets are not included in the lease liability calculations but are recognized as outflows of resources in the period in which the obligation was incurred. The City follows the provisions of GASB 96, Subscription -Based Information Technology Arrangements. The software subscription assets are initially measured at an amount equal to the initial measurement of the related liability plus any payments made prior to the terms of these arrangements, less incentives, plus ancillary charges necessary to place the assets into service. These assets are amortized on a straight-line basis over the life of the related subscription arrangements. Software subscriptions are discussed later in the annual report. 10. Net position - Net position in the government -wide and proprietary funds is categorized as net investment in capital assets; restricted or unrestricted. Net investment in capital assets, is the difference between the cost of capital assets, less accumulated depreciation, reduced by the outstanding balances of any borrowings used for the acquisition, construction or improvement of those assets; and deferred inflows and outflows of resources related to debt; and excluding unexpended proceeds. Restricted consists of net position with constraints placed on their use by external parties (creditors, grantors, contributors, or laws or regulations of other governments) or imposed by law through constitutional provisions or enabling legislation. Unrestricted indicates that portion of net position that is available to fund future operations. Flow assumption: Sometimes the government will fund outlays for a particular purpose from both restricted (e.g., restricted bond or grant proceeds) and unrestricted resources. In order to calculate the amounts to report as restricted — net position and unrestricted — net position in the government -wide and proprietary fund financial statements, a flow assumption must be made about the order in which the resources are considered to be applied. It is the government's policy to consider restricted — net position to have been depleted before unrestricted — net position is applied. 11. Fund balance - The City follows GASB Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions which requires that governmental fund financial statements present fund balances based on classifications that comprise a hierarchy that is based primarily on the extent to which the City is bound to honor constraints on the specific purposes for which amounts in the respective governmental funds can be spent. The classifications used in the governmental fund financial statements are as follows: 32 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 1- Summary of Significant Accounting Policies (continued) Nonspendable - This classification includes amounts that cannot be spent because they are either (a) not in spendable form or (b) are legally or contractually required to be maintained intact. "Not in spendable form" includes items that are not expected to be converted to cash (such as inventories and prepaid amounts) and items such as long-term amount of loans and notes receivable, as well as property acquired for resale. The corpus (or principal) of a permanent fund is an example of an amount that is legally or contractually required to be maintained intact. Restricted - This classification includes amounts for which constraints have been placed on the use of the resources either (a) externally imposed by creditors (such as through a debt covenant), grantors, contributors, or laws or regulations of other governments, or (b) imposed by law through constitutional provisions or enabling legislation. Committed - This classification includes amounts that can be used only for the specific purposes determined by a formal action of the government's highest level of decision making. The City Commission is the highest level of decision -making authority for the government that can, by adoption of an ordinance prior to the end of the fiscal year, commit fund balance. Once adopted, the limitation imposed by the ordinance remains in place until a similaraction is taken (the adoption of another ordinance) to remove or revise the limitation. Assigned -This classification includes amounts that are constrained by the City's intent to be used for a specific purpose but are neither restricted nor committed. The City Commission has by resolution authorized the City Manager to assign fund balance. The City Commission may also assign fund balance as it does when appropriating fund balance to cover a gap between estimated revenue and appropriations in the subsequent year's budget. Unlike commitments, assignments generally can only exist temporarily. In other words, an additional action does not normally have to be taken for the removal of an assignment. Conversely, as discussed previously, an additional action is essential to either remove or revise a commitment. Unassigned - This classification includes the residual fund balance for the General Fund. Unassigned fund balance may also include negative balances for any governmental fund if expenditures exceed amounts restricted, committed or assigned for those specific purposes. Flow assumption: The City considers restricted amounts to be spent first when both restricted and unrestricted fund balance is available unless there are legal documents/contracts that prohibit doing this, such as in grant agreements requiring dollar for dollar spending. Additionally, the City would first use committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used. 12. Fund balance policies - The City's policy is to maintain an adequate General Fund balance to meet seasonal shortfalls in cash flow and reduce susceptibility to emergency and unanticipated expenditures and/or revenue shortfalls. 33 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 1- Summary of Significant Accounting Policies (continued) Minimum Level of Unassigned Fund Balance of the General Fund - At the beginning of each fiscal year, the total unassigned fund balance shall not be less than 10% of the annual General Fund revenue. In any fiscal year where the City's unassigned fund balance falls below the required 10% threshold, the City shall not budget any amounts of unassigned fund balance for the purpose of balancing the budget. In addition, the City Manager will make every effort to reestablish the minimum unassigned fund balance in a 24 - 36 month period beginning with the year from which the reserve funds fell below the 10% threshold. Hurricane/Emergency and Disaster Recovery Reserve -The City's Commission has adopted a fund balance reserve policy to maintain a Hurricane/Emergency and Disaster Recovery's Operating Reserve at a minimum level of $ 5,000,000. This amount is recorded as committed fund balance in the General Fund. 13. Encumbrances - Encumbrance accounting, under which purchase orders, contracts and other commitments for the expenditure of funds are recorded in order to reserve that portion of the applicable appropriation, is employed as an extension of formal budgetary integration. Encumbrances are recorded at the time a purchase order or other commitment is entered into. Encumbrances outstanding at year-end represent the estimated amount of expenditures which would result if unperformed purchase orders and other commitments at year-end are completed. Encumbrances lapse at year-end; however, the City generally intends to honor purchase orders and other commitments in process. As a result, encumbrances outstanding at year-end are re -appropriated, at the City Manager's discretion, in the next fiscal year. 14. Use of estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. 15. Subsequent events — Subsequent events are evaluated by management through May 21, 2025 the date the financial statements were available for issuance. Note 2 - Property Taxes Property taxes are assessed as of January 1 each year and are first billed (levied) and due the following November 1. Under Florida law, the assessment of all properties and the collection of all county, municipal, school board and special district property taxes are consolidated in the Offices of the County Property Appraiser and County Tax Collector. The laws for the State regulating tax assessments are also designed to assure a consistent property valuation method statewide. State statutes permit municipalities to levy property taxes at a rate of up to 10 mills ($ 10 per $ 1,000 of assessed taxable valuation). The millage rate assessed by the City for the year ended September 30, 2024 was 1.7261 mills. The City's tax levy is established by the City Commission prior to October 1 of each year, and the County Property Appraiser incorporates the millage into the total tax levy, which includes Miami - Dade County, Miami -Dade County School Board and certain other special taxing districts. 34 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 2 - Property Taxes (continued) All property is reassessed according to its fair market value as of January 1 each year. Each assessment roll is submitted to the Executive Director of the Florida Department of Revenue for review to determine if the assessment rolls meet all of the appropriate requirements of State Statutes. All real and tangible personal property taxes are due and payable on November 1 each year or as soon as practicable thereafter as the assessment roll is certified by the County Property Appraiser. Miami -Dade County mails each property owner on the assessment roll a notice of the taxes due and collects the taxes for the City. Taxes may be paid upon receipt of the notice from Miami -Dade County, with discounts at the rate of 4% if paid in the month of November, 3% if paid in the month of December, 2% if paid in the month of January and 1% if paid in the month of February. Taxes paid during the month of March are without discount, and all unpaid taxes on real and tangible personal property become delinquent and liens are placed on April 1 of the year following the year in which the taxes were assessed. Procedures for the collection of delinquent taxes by Miami -Dade County are provided for in the laws of Florida. There were no material delinquent property taxes as of September 30, 2024. Note 3 - Deposits and Investments Deposits The City's custodial credit risk policy is in accordance with Florida Statutes. Florida Statutes authorize the deposit of City funds in demand deposits or time deposits of financial institutions approved by the State Treasurer. These are defined as public deposits. All City public deposits are held in qualified public depositories pursuant to Chapter 280, Florida Statutes, "Florida Security for Public Deposits Act." Under the act, all qualified public depositories are required to pledge eligible collateral having a fair value equal to or greater than the average daily or monthly balance of all public deposits times the depository's collateral pledging level. The collateral pledging level may range from 50% to 125% depending upon the depository's financial condition and the length of time that the depository has been established. All collateral must be deposited with the State Treasurer. Any losses to public depositors resulting from insolvency are covered by applicable deposit insurance, sale of securities pledged as collateral and, if necessary, assessment against other qualified public depositories of the same type as the depository in default. The City's bank balances were insured either by the Federal Depository Insurance Corporation or collateralized in the bank's participation in the Florida Security for Public Deposits Act. As of September 30, 2024, the City's bank balance was $2,470,290 and $2,220,290 of that amount was exposed to custodial credit risk because it was uninsured and collateralized with securities held by the pledging institution. At September 30, 2024, the carrying amount of the City's deposits was approximately $ 2,025,000 with a carrying amount $ 2,855 cash on hand. The Florida SBA Pool, hereinafter referred to as "Florida PRIME", is not a registrant with the Securities and Exchange Commission ("SEC"); however, its board has adopted operating procedures consistent with the requirements for a 2a-7 fund. For the Florida PRIME, a 2a-7 like pool, the value of the City's position is the same as the value of the pool shares and is recorded at amortized cost. At September 30, 2024, the City's investment in the Florida PRIME was that of $ 53,082,597. In accordance with these requirements, the method used to determine the participants' shares sold and redeemed is the amortized cost method. Amortized cost includes accrued income and is a method of calculating an investment's value by adjusting its acquisition cost for the amortization of discount or premium over the period from purchase to maturity. 35 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 3 - Deposits and Investments (continued) Thus, the City's account balance in the SBA is its amortized cost. The SBA is governed by Chapter 19- 7 of the Florida Administrative Code. These rules provide guidance and establish the general operating procedures for the administration of the SBA. Additionally, the Office of the Auditor General of the State of Florida performs the operational audit of the activities and investment of the SBA. The SBA accounts are not subject to custodial credit risk as these investments are not evidenced by securities that exist in physical or bank entry form. In accordance with GASB Statement No. 79, Certain External Investment Pools and Pool Participants, the City's investment in the Florida PRIME meets the definition of a qualifying investment pool that measures for financial reporting purposes all of its investments at amortized cost and should disclose the presence of any limitations or restrictions on withdrawals. As of September 30, 2024, there were no redemption fees or maximum transaction amounts, or any other requirements that serve to limit a participant's daily access to 100 percent of their account value. Investments On February 7, 2019, the City re -adopted Chapter 6.6 of the Administrative Policy and Directives and Procedures Manual, entitled "Investments Objective and Parameters," as the City's Investment Policy for the management of Public Funds ("the Policy"). The Policy was created in accordance with Section 218.415, Florida Statutes. The Policy applies to all investments held and controlled by the City, with the exception of the Police Officers' Retirement Pension Plan and its debt issuance where there are other existing policies or indentures in effect for the investment of related funds. The City's policy for investments other than pension plan and debt issuance is summarized herein. The Finance Director is designated as investment officer of the City and is responsible for investment decisions and the day-to-day administration of the cash management program. The investment policy establishes permitted investments, asset allocation, issuer limits, credit rating requirements and maturity limits to protect the City's assets. All investment securities are held by a Trust custodian, and are managed by financial advisors. In general, the City's policy allows to invest in the following: (1) securities and obligations of the United States and its agencies; (2) nonnegotiable interest bearing time deposits or savings accounts provided that such deposits are secured by collateral as prescribed by the Florida Security for Public Deposits Act, Chapter 280, Florida Statutes; (3) repurchase agreements collateralized by full or general faith and credit obligations of the U. S. Government or Agency securities; (4) the Florida Local Government Surplus Funds Trust Fund "SBA"; (5) intergovernmental investment pools authorized pursuant to the Florida Interlocal Cooperation Act, provided by Section 163.01, Florida Statutes, and provided that such funds contain no derivatives; (6) money market mutual funds - registered investment companies with the highest credit quality rating; (7) commercial paper of any U.S. company; (8) corporate notes; (9) asset backed securities issued by corporations organized and operating within the United States or by depository institutions licensed by the United States; (10) taxable/tax-exempt municipal bonds; and (11) Israel bonds. The City policy for pension investments is under the oversight of the Plan's Board of Trustees (the "Board"). The Board contracts with investment advisory firms and approves any new investment vehicles presented by the consultants. The investment policy statement in effect for fiscal year ended September 30, 2024 was last amended on August 2, 2023. At September 30, 2024, the City had $ 2,000,000 of cash in escrow held by an agent, related to certain traffic improvements and other construction projects. 36 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 3 - Deposits and Investments (continued) As of September 30, 2024, the City's cash, cash equivalents and investments consisted of the following: Cash, cash equivalents and investments: State Board of Administration - SBA, Florida PRIME $ 53,082,597 Government bonds 9,049,084 Corporate bonds 5,955,125 Deposits with financial institutions and others 2,382,271 Government mortgage backed securities 4,033,522 Government agencies 6,457,317 Deposits held in escrow 2,000,000 Municipal/provincial bonds 599,056 Asset backed securities 1,673,758 Government issued commercial mortgage backed securities 1,464,991 International bonds 500,000 Total cash, cash equivalents and investments $ 87,197,721 Fiduciary fund investments: Equity securities $ 52,422,482 Government securities 8,161,225 Corporate bonds 4,049,668 Hedge funds 3,844,172 Self -directed DROP accounts 4,441,682 Money market funds 4,019,759 Real estate fund 2,172,771 Fixed income mutual funds 1,490,946 Total fiduciary investments Interest Rate Risk $ 80,602,705 The City's policy is to limit its exposure to fair value losses arising from changes in interest rates by structuring the investment portfolio so that securities mature to meet cash requirements for ongoing operations, thereby avoiding the need to sell securities on the open market prior to maturity, and investing operating funds primarily in shorter -term securities, money market mutual funds or similar investment pools. This is the risk that changes in market interest rates will adversely affect the fair value of an investment. Generally, the longer the maturity of an investment, the greater the sensitivity of its fair value to changes in market interest rates. The City's policy is that unless matched with specific cash flow, the City will not directly invest in securities maturing more than seven (7) years from the date of purchase. Because of inherent difficulties in accurately forecasting cash flow requirements, a portion of the portfolio should be continuously invested in readily available funds to ensure that proper liquidity is maintained to meet ongoing obligations. 37 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 3 - Deposits and Investments (continued) The City does not have a formal investment policy for its pension funds that limits investment maturities as a means of managing its exposure to fair value losses arising from increasing interest rates. Information about the exposure of the City's debt -type investments to this risk using the segmented time distribution model is as follows: Time to Maturity (in Years) Greater Fair Less Than 1-5 6-10 Than Investment Type Value 1 Year Years Years 10 Years City Investments: State Board of Administration - SBA, Florida PRIME $ 53,082,597 $ 53,082,597 $ - $ $ Government bonds 9,049,084 1,395,577 7,653,507 Corporate bonds 5,955,125 745,589 5,209,536 - Government mortgage backed securities 4,033,522 138,304 938,555 792,772 2,163,891 Government agencies 6,457,317 1,212,309 5,245,008 - - Municipal/provincial bonds 599,056 110,142 488,914 Asset backed securities 1,673,758 55 1,673,703 Government issued commercial mortgage backed securities 1,464,991 1,464,991 - International bonds 500,000 500,000 - - - Subtotal - City Investments 82,815,450 58,649,564 21,209,223 792,772 2,163,891 Fiduciary Fund Investments: Corporate bonds 4,049,668 186,554 2,475,874 1,104,371 282,869 U.S. treasuries 6,783,851 436,473 3,601,392 2,308,121 437,865 U.S. agencies 1,377,374 99,921 489,318 221,118 567,017 Fixed income funds 1,490,946 - 71,506 111,851 1,307,589 Subtotal - Fiduciary Fund 13,701,839 722,948 6,638,090 3,745,461 2,595,340 Total Investments $ 96,517,289 $ 59,372,512 $ 27,847,313 $ 4,538,233 $ 4,759,231 The dollar weighted average days to maturity (WAM) of Florida PRIME at September 30, 2024, is 39 days. Next interest rate reset dates forfloating rate securities are used in the calculation of the WAM. The weighted average life (WAL) of Florida PRIME at September 30, 2024, is 74 days. The City's portfolio weighted average effective duration (years) is 1.80. Credit Risk Generally, credit risk is the risk that an issuer of a debt -type investment will not fulfill its obligation to the holder of the investment. This is measured by assignment of a rating by a nationally -recognized rating organization. The City's investment policy provides strict guidelines and limits investments to highly rated securities with minimum ratings of A (long term securities), A-1/13-1 (short term securities), and AAAm (money market mutual funds). The Finance Director shall determine the appropriate action for any investment held that is downgraded below the minimum rating by one or more rating agencies. U.S. government securities or obligations explicitly guaranteed by the U.S. government are not considered to have credit risk exposure. City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 3 - Deposits and Investments (continued) The pension fund limits its credit risk by limiting its fixed income investments to securities with the top (4) ratings issued by nationally recognized statistical rating organizations. The City's and fiduciary fund's portfolio is rated by Standard & Poor's and Moody's Investor Services, respectively, as follows: Fair Rating Value City Investments: A $ 2,286,952 A- 1,923,786 A+ 1,614,767 AA- 258,889 AA+ 21, 004, 915 AAA 1,946,054 AAAm 53,082,597 A3 67,872 BBB+ 129,618 Not Rated 500,000 $ 82,815,450 Fiduciary Fund Investments: AAA $ 140,934 AA+ 561,270 AA 1,410,997 AA- 64,993 A+ 772,089 A 1,155,782 A- 855,424 BBB+ 377,576 BBB 88,802 BB 3,281 B 1,274 Unrated 8,269,417 $ 13,701,839 Concentration Risk The City's policy is to maintain a diversified portfolio to minimize the risk of loss resulting from concentration of assets in a specific issuer. Specific limits have been established which limit the percentage of portfolio assets that can be invested with a specific issuer. GASB Statement No. 40, Deposit and Investment Risk Disclosures, requires disclosure when the percentage is 5% or more in any one issuer. Investments issued or explicitly guaranteed by the U.S. government and investments in mutual funds, external investment pools, or other pooled investments are excluded from this requirement. At September 30, 2024, the City did not have any concentrations of investments required to be disclosed herein. 39 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 3 - Deposits and Investments (continued) The pension fund limits investments that may be invested in any one issuer to no more than 5% of plan's net position, other than those issued by the U.S. Government or its Agencies. At September 30, 2024, there were no investments that represented 5% or more of total investments or fiduciary net position. Custodial Credit Risk For an investment, custodial credit risk is the risk that, in the event of the failure of the counterparty (e.g., broker- dealer) to a transaction, a government will not be able to recover the value of its investment or collateral securities that are in the possession of another party. The City's investment policy requires securities, with the exception of certificates of deposit, to be registered in the City's name and held with a third -party custodian. Foreign Credit Risk For an investment, foreign credit risk is the risk that fluctuations in currency exchange rates may affect transactions conducted in currencies other than U.S. dollars and the carrying value of foreign investments. The City is not exposed to foreign credit risk. The pension fund's investments include American Depository Receipts ("ADRs"), which are non-U.S. equity instruments issued in U.S. dollars and have no foreign credit risk. The total of the investments in foreign securities, which consist of ADR's and foreign bonds, was $ 12,602,215. The investment policy limits the foreign investments to no more than 20% of the Plan's investment balance. As of year-end, the foreign investments were approximately 16.02% of total investments. Note 4 - Fair Value Measurements The City categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting principles. The hierarchy is based on the valuation inputs used to measure the fair value of the asset. Level 1 inputs are quoted prices in active markets for identical assets; Level 2 inputs are significant other observable inputs; and Level 3 inputs are significant unobservable inputs. E City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 4 - Fair Value Measurements (continued) The City has the following recurring fair value measurements as of September 30, 2024: Fair Value Measurements at Reporting Date Quoted Prices Significant in Active Other Significant Markets for Observable Unobservable Fair Identical Assets Inputs Inputs Value (Levell) (Level2) (Level3) City Investments: Government bonds $ Corporate bonds Government mortgage backed securities Government agencies Municipal/provincial bonds Asset backed securities Government issued commercial mortgage backed securities International bonds Total investments measured at fair value Investments measured at amortized cost: Florida PRIME (exempt) Subtotal - City Investments Fiduciary Fund Investments: Equity securities: Common stocks Mutual funds Total equity securities Debt securities: Corporate bonds U.S. treasury securities U.S. agency securities Fixed income mutual funds Total debt securities Self -directed DROP accounts Total investments measured at fair value Investments measured at the Net Asset Value (NAV)(a) 9,049,084 $ $ 9,049,084 $ 5,955,125 5,955,125 4,033,522 4,033,522 6,457,317 6,457,317 599,056 599,056 1,673,758 1,673,758 1,464,991 1,464,991 500,000 500,000 29,732,853 29,732,853 53,082,597 - 82,815,450 29,732,853 48,319,796 48,319,796 - 4,102,686 4,102,686 52,422,482 52,422,482 - 4,049,668 - 4,049,668 6,783,851 6,419,791 364,060 1,377,374 - 1,377,374 1,490,946 1,490,946 - 13,701,839 7,910,737 5,791,102 4,441,682 4,441,682 70,566,003 60,333,219 10,232,784 Hedge funds 3,844,172 Real estate fund 2,172,771 Total investments measured at the NAV 6,016,943 Money market funds (exempt) 4,019,759 Subtotal - Fiduciary Fund Investments 80,602,705 Total Investments $ 163,418,155 (a) As required by GAAP, certain investments that are measured at net asset value have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the total investment line item in the Statement of Fiduciary Net Position. 41 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 4 - Fair Value Measurements (continued) City Investments The City's fixed income securities of $ 29,732,853 classified in Level 2 of the fair value hierarchy are valued using a market standard pricing technique. Pricing service providers synthesize multiple market inputs to value securities based on the securities' relationship to benchmark quoted prices; the price is derived from altered or indirectly observable prices to result in a fair value measure. Fiduciary Fund Investments The following is a description of the valuation methodologies used for asset measured at fair value. Common stock: Valued at the closing price reported on the New York Stock Exchange. Government securities: Valued using pricing models maximizing the use of observable inputs for similar securities. Corporate bonds: Valued using pricing models maximizing the use of observable inputs for similar securities. This includes basing the value on yields currently available on comparable securities of issuers with similar credit ratings. When quoted prices are not available for identical or similar bonds, the bond is valued under a discounted cash flows approach that maximizes observable inputs, such as current yield of similar instruments, but includes adjustments for certain risks that may not be observable, such as credit and liquidity risks or a broker quote, if available. • Mutual funds: Valued at the daily closing price as reported by the Plan. Mutual funds held by the Plan are open-ended mutual funds that are registered with the Securities and Exchange Commission. These funds are required to publish their daily net asset value (NAV) and to transact at that price. The mutual funds held by the Plan are deemed to be actively traded. • Hedge funds: Valued based on the net asset value per share, without further adjustment. Net asset value is based upon the fair value of the underlying investment. • Real estate fund: Valued at the net asset value of shares held by the Plan at year end. The Plan has investments in private market real estate investments for which no liquid public market exists. • Money market funds: Valued at the floating net asset value of shares held by the Plan at year end. The following table summarizes investments for which fair value is measured using the net asset value per share practical expedient, including their related unfunded commitments and redemption restrictions: Investments Measured at the NAV Hedge Fund (1) Hedge Fund (2) Real estate fund (3) Total investments measured at the NAV Redemption Frequency (if Fair Unfunded Currently Value Commitments Eligible) $ 4,151 $ 3,840,021 2,172,771 $ 6,016,943 $ Redemption Notice Period Quarterly 90 Days Daily 1 Business Day Quarterly 65 Days 42 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 4 - Fair Value Measurements (continued) (1) Hedge fund: The fund is a multi -strategy fund of hedge funds that aims to pursue varying strategies in order to diversify risk and reduce volatility. The fund is a diversified portfolio offering investment solutions through activist long/short equity, credit/special situations, event driven and arbitrage, global long/short equity and other opportunistic situations. The investment is valued at NAV and is redeemable on a quarterly basis. (2) Hedge fund: The fund is a diversified portfolio of common stocks of infrastructure companies and other permitted investments. The fund seeks to achieve maximum total return by investing globally in publicly traded infrastructure companies. Infrastructure companies operate in sectors that include, but are not limited to, utilities, transportation, pipelines and telecommunications, and other applicable businesses as defined by those included in the FTSE Global Core Infrastructure 50/50 Index. The investment is valued at NAV and is redeemable on a daily basis pertaining that it is a business day. (3) Real estate fund: The fund is an open-end core real estate fund with a diversified portfolio of income producing properties located throughout the United States. The investment is valued at NAV and is redeemable on a quarterly basis. Note 5 - Receivables Receivables as of September 30, 2024 for the City's individual major funds and non -major funds in the aggregate consist of the following: Aventura Citizens' City of Don Soffer Independent Excellence Aventura Transportation Nonmajor General School High School Trust (CITT) Stormwater Governmental Fund Fund * Fund * Fund Fund Funds Total Receivables: Intergovernmental $ 788,627 $ 1,660,399 $ 834,697 $ 492,519 $ 224,049 $ 13,915 $ 4,014,206 Franchise and utility 2,075,379 - - - - - 2,075,379 Police services 265,956 265,956 Vendors and miscellaneous 66,731 - - 66,731 Net total receivables $ 3,196,693 $ 1,660,399 $ 834,697 $ 492,519 $ 224,049 $ 13,915 $ 6,422,272 * As of June 30, 2024 43 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 6 - Interfund Balances and Transfers Interfund receivables and payables at September 30, 2024 were as follows: Due To: Don Soffer Aventura High School Fund General Fund Due From: Citizens' Aventura City Independent of Excellence Transportation School Fund Trust (CITT) Fund Internal $ 1,742,650 $ 1,742,650 314,581 1,456,560 - 1,771,141 Total $ 314,581 $ 1,456,560 $ 1,742,650 $ 3,513,791 * An internal balance of $ 1,742,650 remains because the Don Soffer Aventura High School Fund and the Aventura City of Excellence School Fund are being reported at June 30, 2024. Interfund transfers during the year ended September 30, 2024 were as follows: Transfers Transfers In Out General Fund $ 1,680,876 $ 6,552,801 Aventura City of Excellence School Fund 4,501,495 444,000 Don Soffer Aventura High School Fund - 1,144,376 Nonmajor Governmental Funds 2,455,234 536,500 $ 8,637,605 $ 8,677,677 * An internal balance of $ 40,072 remains because the Don Soffer Aventura High School Fund and the Aventura City of Excellence School Fund are being reported for the year ended June 30, 2024. Transfers are used to: (1) move revenues from the fund that statute or budget requires to collect them, to the fund that statute or budget requires to expend them from or (2) use of unrestricted revenues collected in the General Fund to finance various programs accounted for in other funds in accordance with budgetary authorizations. The transfers to the Aventura City of Excellence School Fund from the General Fund are being used to support the operations of the school, from revenues generated through the intersection safety camera program. The remaining transfers represent transfers to meet debt service requirements of the Debt Service Funds. 44 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 7 - Capital Assets Capital assets activity for the year ended September 30, 2024 was as follows: Balance Additions Retirements Balance September 30, and and September 30, Governmental activities: Capital assets, not being depreciated/amortized: Land $ 25,644,586 $ $ $ 25,644,586 Construction in progress 5,471,146 4,852,396 (8,011,129) 2,312,413 Total capital assets, not being depreciated/amortized 31,115,732 4,852,396 (8,011,129) 27,956,999 Capital assets, being depreciated/amortized: Buildings 66,657,604 501,821 67,159,425 Improvements other than buildings 17,792,612 7,424,897 25,217,509 Infrastructure 48,891,321 391,594 49,282,915 Furniture, machinery and equipment 26,329,132 2,404,760 (224,020) 28,509,872 Right -of -use lease assets 344,163 - 344,163 Total capital assets, being depreciated/amortized 160,014,832 10,723,072 (224,020) 170,513,884 Less accumulated depreciation/amortization for: Buildings 28,278,121 2,091,480 30,369,601 Improvements other than buildings 9,388,982 844,969 10,233,951 Infrastructure 30,516,638 1,547,403 32,064,041 Furniture, machinery and equipment 20,862,483 1,880,475 (193,688) 22,549,270 Right -of -use lease assets 21,527 66,854 88,381 Total accumulated depreciation/amortization 89,067,751 6,431,181 (193,688) 95,305,244 Total capital assets, being depreciated/amortized, net 70,947,081 4,291,891 (30,332) 75,208,640 Governmental activities capital assets, net $ 102,062,813 $ 9,144,287 $ (8,041,461) $ 103,165,639 Business -type activities: Capital assets, not being depreciated/amortized: Construction in progress $ 279,883 $ 85,528 $ (66,008) $ 299,403 Total capital assets, not being depreciated/amortized 279,883 85,528 (66,008) 299,403 Capital assets, being depreciated/amortized: Infrastructure 15,855,837 66,008 15,921,845 Right -of -use subscription asset 78,874 - 78,874 Total capital assets, being depreciated/amortized 15,934,711 66,008 16,000,719 Less accumulated depreciation/amortization for: Infrastructure 6,535,059 516,891 7,051,950 Right -of -use subscription asset 2,735 32,360 35,095 Total accumulated depreciation/amortization 6,537,794 549,251 7,087,045 Total capital assets, being depreciated/amortized, net 9,396,917 (483,243) 8,913,674 Business -type activities capital assets, net $ 9,676,800 $ (397,715) $ (66,008) $ 9,213,077 45 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 7 - Capital Assets (continued) Depreciation/amortization expense was charged to functions/programs of the primary government as follows: Governmental activities: General government $ 898,325 Public safety 1,100,691 Community services 4,109,220 Public works 322,945 $ 6,431,181 Business -type activities: Stormwater utility $ 549,251 Note 8 - Long -Term Liabilities Changes in long-term liabilities during the year ended September 30, 2024 were as follows: Balance Balance September 30, September 30, Due Within 2023 Additions Reductions 2024 One Year Governmental activities: Revenue bonds $ 14,980,000 $ $ (1,965,000) $ 13,015,000 $ 2,025,000 Leases 344,163 (131,421) 212,742 63,741 Compensated absences payable 4,203,737 2,124,653 (2,201,586) 4,126,804 1,444,381 Net pension liability 20,578,866 - (1,515,846) 19,063,020 2,184,984 Other post -employment benefits 1,229,904 107,928 1,337,832 21,449 Total governmental activities $ 41,336,670 $ 2,232,581 $ (5,813,853) $ 37,755,398 $ 5,739,555 Business -type activities: Subscription liability $ 41,874 $ - $ (24,973) $ 16,901 $ 16,901 Total long- term debt and liabilities $ 41,378,544 $ 2,232,581 $ (5,838,826) $ 37,772,299 $ 5,756,456 Compensated absences, net pension liability and other post -employment benefits attributable to governmental activities are generally liquidated by the General Fund. Revenue bonds as of September 30, 2024 were comprised of the following: Series 2010 Refunding Revenue Bonds, principal is due annually over 18 years in various amounts through April 2029. The bonds bear interest at 3.42%, subject to taxability event, and are payable semi-annually on October 1 and April 1 of each year. The bonds are collateralized by available Non -Ad Valorem revenues. $ 3,540,000 Series 2011 Refunding Revenue Bonds, principal is due annually over 18 years in various amounts through April 2029. The bonds bear interest at 3.64%, subject to taxability event, and are payable semi-annually on October 1 and April 1 of each year. The bonds are collateralized by available Non -Ad Valorem revenues. 1,915,000 M City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 8 - Long -Term Liabilities (continued) Series 2012 Refunding Revenue Bonds, principal is due annually over 15 years in various amounts through August 2027. The bonds bear interest at 2.65%, subject to taxability event, and are payable semi-annually on February 1 and August 1 of each year. The bonds are collateralized by available Non -Ad Valorem revenues. 2,160,000 Series 2018 Revenue Bonds, principal is due annually over 20 years in various amounts through August 2038. The bonds bear interest at 3.68%, subject to taxability event, and are payable semi-annually on February 1 and August 1 of each year. The bonds are collateralized by available Non -Ad Valorem revenues. 5,400,000 $ 13,015,000 Series 2010 and 2011 Refunding Revenue Bonds The City previously issued $ 21,000,000 in Series 1999 Revenue Bonds to finance the acquisition of land, buildings and other improvements related to municipal parks and the City's administrative complex and police station. At September 30, 2014, this bond series was fully defeased. In fiscal year 2010, the City issued Series 2010 Refunding Revenue Bonds to partially advance refund $ 10,580,000 of the then outstanding Series 1999 Revenue Bonds. In fiscal year 2011, the City issued Series 2011 Refunding Revenue Bonds to advance refund the remaining $ 5,700,000 of the then outstanding Series 1999 Revenue Bonds. The City refunded the Series 1999 Revenue Bonds to reduce its aggregate debtservice payments byapproximately $ 3,166,000. The indentures contain financial provisions as follows: (1) a default rate equal to the maximum rate permitted by law, and a 3% fee on delinquent payments if not made within fifteen days after the due date; 2) events of default such as failure to make payment, violation of any covenant contained in the agreements, bankruptcy, or insolvency; and 3) anti -dilution requirements where the aggregate adjusted net revenues will equal or exceed 300% of the maximum annual debt service, and the maximum annual debt service will not exceed 20% of adjusted net revenues, as defined in the debt agreements. Series 2012 Refunding Revenue Bonds The City previously entered into a bond indenture agreement with the Florida Intergovernmental Finance Commission through an interlocal governmental agreement. As a result, the City issued $ 12,610,000 in Series 2002 Revenue Bonds to finance the acquisition of land and construction of a charter school as well as the construction of the community recreation center. At September 30, 2014, this bond series was fully defeased. In fiscal year 2012, the City issued $ 9,885,000 in Series 2012 Refunding Revenue Bonds to advance refund $ 10,165,000 (including a City contribution of approximately$ 598,000) of the then outstanding Series 2002 Revenue Bonds. The City advance refunded the Series 2002 Revenue Bonds to reduce its total debt service payments by approximately $ 3,810,000. 47 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 8 - Long -Term Liabilities (continued) The indenture contains financial provisions as follows: (1) a default rate equal to Prime plus 3% and a 3% fee on delinquent payments if not made within fifteen days after the due date; 2) events of default such as failure to make payment, violation of any covenant contained in the agreements, bankruptcy, or insolvency; and 3) anti -dilution requirements where the aggregate adjusted net revenues will equal or exceed 300% of the maximum annual debt service, and the maximum annual debt service will not exceed 20% of adjusted net revenues, as defined in the debt agreements. Series 2018 Revenue Bonds The City previously issued $ 7,100,000 in Series 2018 Revenue Bonds for the construction and equipping the Don Soffer High School within the City. The indentures contain financial provisions as follows: (1) a default rate equal to the current interest rate on the bonds plus 2%, after 5 days of any due date; and 2) events of default such as failure to make payment, violation of any covenant contained in the agreements, bankruptcy, or insolvency. The aggregate annual debt service requirements to maturity for the revenue bonds are approximately as follows: Year Ending September 30, Principal 2025 2,025,000 2026 2,080,000 2027 2,145,000 2028 1,465,000 2029 1,520,000 2029 - 2033 1,945,000 2034 - 2038 1,835,000 $ 13,015,000 Interest 443,964 378,477 311,095 241,718 189,691 539,672 154,928 $ 2,259,545 Tota I 2,468,964 2,458,477 2,456,095 1,706,718 1,709,691 2,484,672 1,989,928 $ 15,274,545 The City does not currently have unused lines of credit or assets placed as collateral for debt. Lease Payable For the year ended September 30, 2024, the financial statements include the effects of GASB Statement No. 87, Leases. The primary objective of this statement is to enhance the relevance and consistency of information about governments' leasing activities. This statement establishes a single model for lease accounting based on the principle that leases are financings of the right to use an underlying asset. Under this Statement, a lessee is required to recognize a lease liability and an intangible right -to -use lease asset. For additional information, refer to the disclosures below. The City has entered into 7 leases related to Governmental Activities for the use of various vehicles. The leases have annual payments that range from 5-6 years. An initial lease liability was recorded in the amount of $344,163. As of September 30, 2024, the value of the lease liability is $212,742. The City is required to make fixed annual payments ranging from $9,311 to $77,939 through the terms of the leases. The leases have interest rates ranging from 6.41% to 8.21%. The value of the right to use asset as of September 30, 2024 is $255,782 with accumulated amortization of $88,381 and is included with the Right -to -use lease assets in the Note 7. City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 8 - Long -Term Liabilities (continued) Total future minimum lease payments under lease agreements are as follows: Year Ending September 30, Principal Interest 2025 63,741 14,197 2026 67,952 9,987 2027 72,443 5,496 2028 8,606 706 $ 212,742 $ 30,386 Subscription Liability Tota I 77,938 77,939 77,939 9,312 $ 243,128 For the year ended September 30, 2024, the financial statements include the adoption of GASB Statement No. 96, Subscription -Based Information Technology Arrangements. The primary objective of this statement is to enhance the relevance and consistency of information about governments' subscription activities. This statement establishes a single model for subscription accounting based on the principle that subscriptions are financings of the right to use an underlying asset. Under this Statement, an organization is required to recognize a subscription liability and an intangible right -to - use subscription asset. For additional information, refer to the disclosures below. The City entered into a 36 month subscription for the use of a public works management software system. An initial subscription liability was recorded in the amount of $64,874. As of September 30, 2024, the value of the subscription liability is $16,901. The City is required to make annual fixed payments of $18,000. The subscription has an interest rate of 6.5%. The value of the right to use asset as of September 30, 2024 is $43,779 with accumulated amortization of $35,095 is included with the right -of -use subscription asset in the Note 7. Year Ending September 30, Principal 2025 $ 16,901 $ Note 9 - Commitments and Contingencies Litigation Interest Total 1,099 $ 18,000 Various claims and lawsuits, which arise in the normal course of operations, are pending against the City. It is management's opinion, based on the advice of the City Attorney, that the outcome of these actions, if any, will not have a material adverse effect on the financial statements of the City. Management also believes that any possible adverse effect of litigation against the City will be covered by insurance. 49 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 9 - Commitments and Contingencies (continued) Government Grants Revenue recognized from grants may be subject to audit by the grantor agencies. In the opinion of City management, as a result of such audits, disallowances of grant revenues, if any, would not have a material adverse effect on the City's financial condition. Employment Agreement The City has an employment contract with its City Manager that provides for an annual salary, adjusted for cost -of -living increases and certain benefits. This agreement is effective for an indefinite term subject to termination of the City Manager by the City Commission in accordance with Article III, Section 3.08 of the City Charter. The City Manager must provide four (4) months advance written notice to resign voluntarily. Charter School Agreements The City has two contracts with the School Board of Miami -Dade County, Florida, that allows for Aventura City of Excellence School to provide the residents of the City of Aventura an elementary and middle school education choice; and for the Don Soffer Aventura High School to provide the residents of the City of Aventura a high school education choice. The contracts for the Aventura City of Excellence School and the Don Soffer Aventura High School expire on June 30, 2033 and June 30, 2034, respectively. Both contracts provide for a five-year renewal option by mutual agreement of both parties. Effective July 1, 2024, the City entered into an agreement with Charter School USA, Inc. ("CSUSA") to provide services necessary to organize, manage, staff, operate and maintain the Aventura City of Excellence School. The agreement expires on June 30, 2029. The City also previously entered into a separate management agreement with CSUSA to provide those services necessary to organize, manage, staff, operate and maintain the Don Soffer Aventura High School. The term of the agreement is consistent with the existing Charter, expiring June 30, 2034, with automatic renewals through a term consistent with the then current Charter provided performance standards are satisfied. Pension Funding Economic developments surrounding the overall market -liquidity, credit availability and market collateral levels may result in declines in the value of the investment securities held by the City of Aventura Police Officers' Retirement Plan. Consequently, the City's required contribution amount to the Plan, which is necessary to maintain the actuarial soundness and to provide the level of assets sufficient to meet participant benefits, could significantly increase in future periods. It is management's opinion that future contributions to the Plan will not have a material adverse effect on the City's financial position. 50 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 9 - Commitments and Contingencies (continued) Construction Agreements The City has entered into various agreements in reference to the construction and maintenance of the City's streets and other infrastructure projects. At year-end, outstanding construction commitments amounted to approximately $ 159,000. Encumbrances As discussed in Note 1(12.) Summary of Significant Accounting Policies, encumbrance accounting is utilized to the extent necessary to assure effective budgetary control and accountability and to facilitate effective cash planning and control. At year end, the amount of encumbrances, which are reported as either assigned, committed, or restricted fund balance, are expected to be honored upon performance by the vendor in the next year are as follows: General Fund $ 361,669 American Rescue Plan Act Fund 353,979 Transportation and Street Maintenance Fund 273,340 Note 10 - Risk Management The City is exposed to various risks of loss related to torts, thefts of, damage to and destruction of assets, errors and omissions, employee health, workers' compensation and natural disasters for which the City carries commercial insurance. Settlement amounts have not exceeded insurance coverage for any of the past three (3) fiscal years. In addition, there were no reductions in insurance coverage from those in the prior year. Note 11- Post -Employment Benefits other than Pensions (OPEB) Plan Description The City's defined benefit OPEB plan provides benefits to all eligible employees and is a single employer benefit plan administered by the City. Chapter 627 of the Florida Statutes requires that the City make health coverage available to retirees at the employer's group rate. The City provides no funding for any portion of the premiums after retirement, except as discussed below. However, the City recognizes that there is an "implicit subsidy" arising because of the blended rate premium since retiree health care costs, on average, are higher than active employee healthcare costs. The plan is not accounted for as a trust fund and an irrevocable trust has not been established to fund this plan. The plan does not issue a separate financial report. It is the City's current policy to fund the plan on a "pay- as -you -go" basis. There are no assets accumulated in a trust that meets the criteria in paragraph 4 of Statement 75. 51 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 11- Post -Employment Benefits other than Pensions (OPEB) (continued) Benefits Provided Employees who retire from the City and their dependents are eligible to continue to participate in the City's health insurance, life insurance, and long-term care benefits currently offered through the City at the "blended" employee group rate, which the City determines on an annual basis. The retiree must continue to meet all participation requirements and pay all applicable premiums bythe specified due date. Life insurance and long-term care benefits are portable and the retiree must pay premiums to the carrier directly. Generally, the City provides no funding for any portion of the premiums after retirement. Pursuant to City Resolution 2006-64, department directors who retire at age 55 or later with at least 10 years of full-time service are not required to pay a premium for medical or dental coverage for themselves prior to age 65. The retiree is responsible for any spouse or dependent coverage. For these individuals, there is an explicit subsidy where the City provides for the retiree's coverage. As of September 30, 2022, the latest actuarial valuation, health care and dental plan participants consisted of: Active Plan participants 186 Retiree Plan participants 1 187 Total OPEB Liability The City's total OPEB liability of $ 1,337,832 was measured as of September 30, 2023 (measurement date) and was determined by an actuarial valuation as of September 30, 2022. Methods and Assumptions Actuarial valuations of an ongoing plan involve estimates of the value of reported amounts and assumptions about the probability of occurrence of events far into the future. Examples include assumptions about future employment, mortality, and the healthcare cost trend. Amounts determined regarding the funded status of the plan and the annual required contributions of the employer are subject to continual revision as actual results are compared with past expectations and new estimates are made about the future. Projections of benefits for financial reporting purposes are based on numerous assumptions concerning the cost of benefits to be provided in the future, long-term investment returns, and the future demographic experience of the current participants. As of the September 30, 2022 actuarial valuation, the following assumptions were made: Discount rate: 4.87% per annum; this rate is based on the September 30, 2022 S&P Municipal Bond 20-year High Grade Rate Index as published by S&P Dow Jones Indices. Salary increases: 3.00% per year. Inflation: 2.50% per year. Marital status: Current spouse coverage is applied. 52 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 11- Post -Employment Benefits other than Pensions (OPEB) (continued) Retirement rates: General - 100% are assumed to retire by age 62 with 6 years of service, or with 30 years of service, regardless of age. Police - 100% are assumed to retire by age 57 and 10 years of service, age 60 regardless of service, or with 23 years of service, regardless of age. Health care participation: - 5% participation assumed. 100% participation assumed for Directors eligible for explicit coverage to age 65, and 5% thereafter. Healthcare care inflation: Initial rate of 7.25% in fiscal year 2023, then 7.00% in fiscal year 2024, grading down to the ultimate trend rate of 4.00% in fiscal year 2075. Medical Aging morbidity factors: Developed based on a study performed by Dale Yamamoto for the Society of Actuaries. Used to measure the annual increases in per capital claim costs for each age and relative cost by gender. Health claims: Developed using active fully insured rates. Dental claims: Developed using the active fully insured rates. Projected employee contributions are assumed to cover the entire cost of claims. Funding method: Entry Age Cost Method (Level Percentage of Pay). Mortality rates: Mortality rates are consistent with mortality rates mandated by Chapter 2015-157, Florida Statutes for pension plans. This law mandates the use of the assumption used in either of the two most recent valuations of the Florida Retirement System (FRS). All mortality rates were based on the Pub-2010 mortality tables with fully generational improvement using Scale MP-2018. The rates are those outlined in Milliman's July 1, 2023 FRS valuation report. Changes: Since the prior measurement date, the discount rate was increased from 4.77% per annum to 4.78% per annum. Changes in the Total OPEB Liability Balance as of September 30, 2022, measurement date $ Change due to: Service cost Expected interest growth Demographic experience Benefit payments and refunds Assumption changes Net changes Balance as of September 30, 2023, measurement date Total OPEB Liability 1,229,904 80,275 61,989 (21,449) (12,887) 107,928 $ 1,337,832 53 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 11- Post -Employment Benefits other than Pensions (OPEB) (continued) Sensitivity of the Total OPEB Liability to Changes in the Discount Rate The following presents the total OPEB liability of the City, as well as what the City's total OPEB liability would be if it were calculated using a discount rate that is 1.00% lower or 1.00% higher than the current discount rate: 1% Decrease Discount Rate 1% Increase (3.87%) (4.87%) (5.87%) Net OPEB liability $ 1,474,861 $ 1,337,832 $ 1,217,890 Sensitivity of the Total OPEB Liability to Changes in the Healthcare Cost Trend Rates The following presents the total OPEB liability of the City, as well as what the City's total OPEB liability would be if it were calculated using healthcare cost trend rates that are 1-percentage-point lower or 1-percentage-point higher than the current healthcare cost trend rates: Healthcare Trend Rates Cost Trend Trend Rates Minus 1.00% Rates Plus 1.00% 3.00% - 6.00% 4.00% - 7.00% 5.00% - 8.00% Net OPEB liability $ 1,190,698 $ 1,337,832 $ 1,511,854 OPEB Expense, Deferred Outflows of Resources and Deferred Inflows of Resources Related to OPEB For the year ended September 30, 2024, the City recognized OPEB expense of $ 163,815. At September 30, 2024, the City reported deferred outflows of resources and deferred inflows as follows: Deferred Deferred Outflows Inflows of Resources of Resources Differences between expected and actual experience $ 297,620 $ 921,908 Changes of assumptions 467,225 307,198 Employer contributions subsequent to the measurement date 24,608 - Total $ 789,453 $ 1,229,106 The deferred outflows of resources relating from the employer contributions subsequent to the measurement date and prior to the employer's reporting period, in the amount of $ 24,608, will be recognized as a reduction of the net OPEB liability in the subsequent fiscal year ending September 30, 2025. 54 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 11- Post -Employment Benefits other than Pensions (OPEB) (continued) Amounts reported as deferred outflows and deferred inflows of resources related to OPEB will be recognized as expense as follows: Yearended September 30, 2025 2026 2027 2028 2029 Thereafter Note 12 - Defined Contribution Pension Plans Amount 16,301 16,301 (8,241) (127,560) (126,624) (234,438) $ (464,261) The City is a single -employer that contributes to four (4) defined contribution pension plans based on employee classification created in accordance with Internal Revenue Code Section 401(a). The plans currently cover all full-time employees of the City. Under these plans, the City contributes between 7% and 18% depending on employee classifications. City contributions for the City Manager, department directors and assistant department directors vest in the year they are contributed. City contributions to general employees vest beginning after one year of service through year five in 20% increments. Participants are not permitted to make contributions during the year. The City made plan contributions of approximately $ 969,000 during the year. Plan provisions and contribution requirements may be amended by the City Commission. In addition, the City provides to all full-time employees a deferred compensation plan under Section 457 of the Internal Revenue Code. Under this program, employees may voluntarily elect to defer a portion of their salary to future years; with no required contributions from the City. Both programs are administered by ICMA Retirement Corp. The City does not exercise any control or fiduciary responsibility over the Plans' assets. Therefore, the assets, liabilities and transactions are not included in the City's financial statements. Note 13 - Defined Benefit Pension Plan General Information about the Pension Plan Plan Description - The Plan is open solely to active police officers of the City of Aventura. A police officer is any person employed full time in the Police Department of the City, who is certified as a police officer as a condition of employment in accordance with the provisions of Florida Statutes and whose duty is to protect life and property and exercise lawful arrest powers of the State of Florida. The definition includes all supervisory and command personnel whose duties include, in whole or in part, the supervision, training, guidance, and management responsibilities of full-time police officers. All full-time police officers of the City of Aventura, except the Chief of Police, must participate in the pension plan. 55 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 13 - Defined Benefit Pension Plan (continued) Board of Trustees: Two City Commission appointees who are City residents, two elected Members of the System, and a fifth member elected by the other four and appointed by Commission (as a ministerial duty). Plan Membership as of September 30. 2024 Active Plan participants 76 Inactive Plan participants or beneficiaries currently receiving benefits 57 Inactive Plan participants entitled to but not yet receiving benefits 8 Tota I 141 The financial statements of the Plan are prepared using the accrual basis of accounting. Plan member contributions are recognized in the period in which the contributions are due. The City's contributions are recognized when due and a formal commitment to provide the contributions has been made. Benefits and refunds are recognized when due and payable in accordance with the terms of the Plan. The general administration, management and investment decisions of the Plan and the responsibility for carrying out its provisions is vested in the five (5) members Board of Trustees. Administrative costs of the Plan are financed through current or prior investment earnings. The City has issued audited stand-alone financial statements for the Plan, which may be obtained from the City's Finance Department. Benefits - Normal retirement may be received upon attainment the earlier of age 55 with 10 years of credited service or upon completion of 25 years of credited service, regardless of age. For the first 40 years of service, the monthly benefit received will be 3% of final monthly compensation multiplied by the number of years of service, to a maximum of 80%. Years credited beyond 40 will be taken into account at 2% of final compensation per year. An early retirement benefit may be received upon attainment of age 45 with 10 years of credited service. The benefit may be received either on a deferred basis or an immediate basis. On an immediate basis, the benefit amount will be the normal retirement benefit reduced by 3% per year for each year by which the retirement date precedes the normal retirement date. On a deferred basis, the benefit amount will be the same as the normal retirement benefit except that the final compensation and credited service will be based upon the early retirement date. Disability Retirement - Members who become disabled due to service -incurred injuries, which arise out of performance of service with the City, will receive a monthly benefit amount equal to the member's accrued benefit but not less than 42% of the member's final monthly compensation as of the date of disability, offset by any other payments, such as worker's compensation. Members who become disabled due to non -service -incurred injuries, which do not arise out of performance of service with the City, and who have completed at least 10 years of service, will receive a monthly benefit amount equal to 3% of final monthly compensation for each year of credited service, but not less than 30%. Funding - Effective October 1, 2015, members were required to contribute 10.775% of the annual covered salary. During 2022, the City and State are required to contribute 28.431% of covered payroll. Consistent with the requirements of Sections 112.66 and 185.07 of the Florida Statutes, the City is required to contribute an amount necessaryto maintain the Plan on an actuarially sound basis. Contribution requirements of the Plan members and the City are established and may be changed by an amendment of the City ordinance. The costs of administrating the Plan are paid out of contributions to the Plan. The City's contributions to the plan were $ 3,195,984 for the year ending September 30, 2024. 56 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 13 - Defined Benefit Pension Plan (continued) Deferred Retirement Option Plan Effective October 1, 2019, a deferred retirement option plan ("DROP") was created. A member is eligible to enter the DROP on the earlier of the first day that he/she is eligible for service retirement as defined by Ordinance 2019-12, section 36-26(b)(ii) or delayed retirement as defined in section 36- 26(b)(iii) but with at least 11 years of credited service and attainment of age 57. Upon entering the DROP, a member will no longer accrue credited service or additional pension benefits and will no longer make employee contributions to the Retirement Plan. Instead, the amount of the monthly pension benefit for the benefit option selected by the member will be credited to the member's DROP account. The maximum period that a member may participate in the DROP is five years. After the maximum period of DROP participation, the member must terminate from employment as a City police officer. DROP participation must begin by the earlier of the date on which a member reaches 25 years of service or the date on which a member reaches age 57 with 11 years of service. A member may elect to enter DROP after the foregoing dates, but his/her maximum participation in the DROP will be reduced by the period of time in which the member delayed entry in the DROP after reaching either of the foregoing maximum DROP entry deadlines. The member's DROP account will be self -directed by the member to mutual funds selected by the Retirement Plan's Board of Trustees from among those offered by a vendor selected by the Board of Trustees. The available mutual funds and the vendor may be changed from time to time by the Board of Trustees. Members will be solely responsible for the gains and losses of their individual self - directed DROP accounts. Members who elect to participate in the DROP shall be required to separate from City service at the conclusion of the DROP period. A member's DROP shall be distributed to the member in a lump sum, rollover, or a combination of both, as soon as administratively practicable and not more than 90 days following the conclusion of the DROP period or approval of the distribution by the Retirement Plan Board of Trustees, whichever occurs last. Neither the City, the Retirement Plan, nor its Board of Trustees shall have any liabilityor responsibility to guarantee the principal and/or rate of return for a member's DROP assets. The DROP accounts, although self -directed separate accounts, will remain part of the pension trust, and distributions from a member's account shall not be permitted until termination of employment. The balance of the amounts held by the Plan pursuant to the DROP was $ 4,441,682 as of September 30, 2024. Net Pension Liability The City's net pension liabilitywas measured as of September 30, 2023.The total pension liability used to calculate the net pension liability was determined as of that date. Actuarial Assumptions - The total pension liability was determined by an actuarial valuation as of October 1, 2023 using the following actuarial assumptions: Inflation Salary Increases Discount rate Investment rate of return 2.50% 5.00% 7.25% 6.70% Mortality Rate: PubS.H-2010 (Above Median) for both male and female employees, set forward and back for one year, as applicable. 57 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 13 - Defined Benefit Pension Plan (continued) The long-term expected rate of return on pension plan investments was determined using a building- block method in which best -estimate ranges of expected future real rates of return (expected returns, net of pension plan investment expenses and inflation) are developed for each major asset class. These ranges are combined to produce the long term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and by adding expected inflation. Best estimates of arithmetic real rates of return for each major asset class included in the pension plan's target asset allocation are summarized in the following table: Target Long Term Expected Asset Class Allocation Real Rate of Return Domestic Equity International Equity Fixed Income Private Real Estate Hedge Funds MPL/Energy Infrastructure 55.00% 5.71% 10.00% 4.58% 20.00% 1.13% 5.00% 3.88% 5.00% 1.76% 5.00% 4.45 100.00 Discount Rate -The projection of cash flows used to determine the Discount Rate assumed that Plan Member contributions will be made at the current contribution rate and that Sponsor contributions will be made at rates equal to the difference between actuarially determined contribution rates and the Member rate. Based on those assumptions, the Pension Plan's Fiduciary Net Position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the Long -Term Expected Rate of Return on Pension Plan investments was applied to all periods of projected benefit payments to determine the Total Pension Liability. Changes in Net Pension Liability Reporting period ending, September 30, 2023 Changes for the year: Service cost Interest Contributions - employer Contributions - state Contributions - employee Contributions - buy back Net investment income Benefit payments, including refunds of employee contributor Administrative expenses Net change Increase (Decrease) Total Pension Plan Fiduciary Net Pension Liability Net Pension Liability (a) (b) (a)-(b) $ 79,184,727 $ 58,605,861 $ 20,578,866 2,111,399 - 2,111,399 5,783,733 - 5,783,733 - 1,719,185 (1,719,185) - 476,859 (476,859) - 831,887 (831,887) 171,436 171,436 - - 6,523,827 (6,523,827) (3,041,011) (3,041,011) - - (140,780) 140,780 5,025,557 6,541,403 (1,515,846) September 30, 2024 $ 84,210,284 $ 65,147,264 $ 19,063,020 City of Aventura, Florida Notes to Basic Financial Statements September 30, 2024 Note 13 - Defined Benefit Pension Plan (continued) Sensitivity of the Net Pension Liability to Changes in the Discount Rate - The following presents the net pension liability of the City, calculated using the discount rate of 7.25%, as well as what the City's net pension liability would be if it were calculated using a discount rate that is 1.00% lower or 1.00% higher than the current discount rate: 1% Decrease Discount Rate 1% Increase (6.25%) (7.25%) (8.25%) Net pension liability (asset) $ 29,765,884 $ 19,063,020 $ 10,314,025 Pension Expense and Deferred Outflows of Resources and Deferred Inflows of Resources related to Pensions For the year ended September 30, 2024, the City recognized a pension expense of $ 5,372,502. On September 30, 2024, the Sponsor reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: Deferred Deferred Outflows Inflows of Resources of Resources Differences between actual and expected experience $ 2,018,753 $ - Changes of assumptions - 319,205 Net difference between projected and actual earnings on pension plan investments 5,064,654 - Pension contributions subsequent to the measurement date 2,784,474 - Totals $ 9,867,881 $ 319,205 The deferred outflows of resources resulting from the employer contributions to the Plan subsequent to the measurement date and prior to the employer's reporting period, in the amount of $ 2,784,474, will be recognized as a reduction of the net pension liability in the subsequent fiscal year ending September 30, 2025. Amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense as follows: Yearended September 30, 2025 2026 2027 2028 Amount $ 1,897,005 2,066,312 3,255,738 (454,853) $ 6,764,202 59 REQUIRED SUPPLEMENTARY INFORMATION City of Aventura, Florida Required Supplementary Information Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - General Fund For the Year Ended September 30, 2024 Revenues: Ad valorem taxes Utility service and other locally levied taxes Licenses and permits; including franchise fees Intergovernmental revenues Charges for services Fines and forfeitures Investment income Miscellaneous Total revenues Expenditures: General government: City commission City manager Legal City clerk Finance Human resources Information technology Nondepartmental Total general government Public safety: Police Community development Total public safety Community services: Community services Arts and cultural center Total community services Public works: Public works Total public works Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses): Transfers in Transfers out Appropriated fund balance Total other financing sources (uses) Net change in fund balance $ - $ $ 6,641,879 $ 6,641,879 See notes to required supplementary information. 61 Variance with Final Budget Budgeted Amounts Actual Positive Original Final Amounts (Negative) $ 20,707,334 $ 20,707,334 $ 20,744,917 $ 37,583 10,020,000 10,734,100 11,870,888 1,136,788 4,270,000 4,270,000 5,683,255 1,413,255 4,862,676 5,890,676 5,693,621 (197,055) 4,274,421 5,254,421 5,789,648 535,227 2,633,700 3,633,700 4,159,413 525,713 500,000 3,477,504 3,975,940 498,436 40,000 216,622 725,488 508,866 47,308,131 54,184,357 58,643,170 4,458,813 301,841 348,616 341,748 6,868 1,439,924 1,732,954 1,706,165 26,789 467,500 467,500 460,496 7,004 458,483 458,483 437,814 20,669 1,181,199 1,191,199 1,160,012 31,187 300,105 300,105 291,218 8,887 1,287,148 1,287,148 1,097,936 189,212 2,982,098 3,143,098 3,092,461 50,637 8,418,298 8,929,103 8,587,850 341,253 24,699,181 25,748,218 25,561,791 186,427 612,592 612,592 581,992 30,600 25,311,773 26,360,810 26,143,783 217,027 4,153,131 5,018,131 4,817,727 200,404 1,241,517 1,484,517 1,417,839 66,678 5,394,648 6,502,648 6,235,566 267,082 3,589,903 3,683,681 3,618,816 64,865 3,589,903 3,683,681 3,618,816 64,865 1,707,424 3,210,039 2,543,351 666,688 44,422,046 48,686,281 47,129,366 1,556,915 2,886,085 5,498,076 11,513,804 6,015,728 246,592 538,242 1,680,876 1,142,634 (3,132,677) (6,552,801) (6,552,801) - 516,483 (516,483) (2,886,085) (5,498,076) (4,871,925) 626,151 City of Aventura, Florida Required Supplementary Information Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - American Rescue Plan Act Fund - Special Revenue Fund For the Year Ended September 30, 2024 Variance with Final Budget Budgeted Amounts Actual Positive Original Final Amounts (Negative) Revenues: Intergovernmental revenues $ 7,576,991 $ 6,550,145 $ 5,722,101 $ (828,044) Investment income - - 441,993 441,993 Total revenues Expenditures: General government Capital outlay Total expenditures Net change in fund balance $ 7,576,991 6,550,145 6,164,094 (386,051) 10,000 2,000 2,000 - 7,566,991 6,548,145 5,720,101 828,044 7,576,991 6,550,145 5,722,101 828,044 - $ - $ 441,993 $ 441,993 See notes to required supplementary information. 62 City of Aventura, Florida Required Supplementary Information Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Aventura City of Excellence School Fund - Special Revenue Fund For the Year Ended June 30, 2024 Revenues: Intergovernmental revenues Charges for services Investment income Miscellaneous Total revenues Expenditures: Community services Capital outlay Total expenditures Excess (deficiency) of revenues over (under) expenditures Other financing sources (uses): Transfers in Transfers out Total other financing sources (uses) Budgeted Amounts Original Final $ 10,733,407 $ 10,476,681 $ 397,500 635,525 3,000 3,000 1,135, 644 1,747,734 Variance with Final Budget Actual Positive Amounts (Negative) 11,954,022 $ 1,477,341 643,273 7,748 - (3,000) 1,697,964 (49,770) 12,269,551 12,862,940 14,295,259 1,432,319 12,313,672 15,099,972 14,366,433 733,539 593,250 939,200 931,791 7,409 12,906,922 16,039,172 15,298,224 740,948 (637,371) (3,176,232) (1,002,965) 1,081,371 (444,000) 637,371 3,620,232 (444,000) 3,176,232 4,501,495 (444,000) 4,057,495 2,173,267 881,263 881,263 Net change in fund balance $ - $ - $ 3,054,530 $ 3,054,530 See notes to required supplementary information. 63 City of Aventura, Florida Required Supplementary Information Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Don Soffer Aventura High School Fund - Special Revenue Fund For the Year Ended June 30, 2024 Variance with Final Budget Budgeted Amounts Actual Positive Original Final Amounts (Negative) Revenues: Intergovernmental revenues $ 9,093,016 $ 9,093,016 $ 11,080,429 $ 1,987,413 Charges for services - - 114,273 114,273 Investment income - - 56,819 56,819 Miscellaneous income - - 1,411,876 1,411,876 Total revenues 9,093,016 9,093,016 12,663,397 3,570,381 Expenditures: Community services 8,644,054 8,644,054 10,178,550 (1,534,496) Capital outlay 112,500 112,500 283,689 (171,189) Total expenditures 8,756,554 8,756,554 10,462,239 (1,705,685) Excess of revenue over expenditures 336,462 336,462 2,201,158 1,864,696 Other financing sources (uses): Transfers out - - (1,144,376) (1,144,376) Total other financing sources (uses) - - (1,144,376) (1,144,376) Net change in fund balance $ 336,462 $ 336,462 $ 1,056,782 $ 720,320 See notes to required supplementary information. 64 City of Aventura, Florida Required Supplementary Information Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Citizens' Independent Transportation Trust (CITT) Fund - Special Revenue Fund For the Year Ended September 30, 2024 Revenues: Intergovernmental revenue Licenses, permits and impact fees Investment income Total revenues Expenditures: Public works Capital outlay Total expenditures Net change in fund balances Budgeted Amounts Original Final Actual $ 2,500,000 $ 2,500,000 $ 2,509,944 $ 30,000 30,000 29,518 - - 10,898 2,530,000 2,530,000 2,550,360 Variance with Final Budget Positive (Negative) 20,360 2,022,680 2,022,680 1,797,650 225,030 507,320 507,320 16,690 490,630 2,530,000 2,530,000 1,814,340 715,660 $ - $ - $ 736,020 $ 736,020 See notes to required supplementary information. 65 City of Aventura, Florida Notes to Budgetary Comparison Schedules September 30, 2024 Note 1- Budgets and Budgetary Accounting An annual appropriated budget is adopted for all government funds with the exception of the Federal Forfeiture Fund and the Law Enforcement Trust. All of the funds mentioned in this paragraph are Special Revenue Funds. The City follows these procedures in establishing the budgetary data reflected in the basic financial statements: The City Manager submits to the City Commission a proposed operating and capital budget for the ensuing fiscal year. The budget includes proposed expenditures and the means of financing them. b. Public hearings are conducted to obtain taxpayer comments. c. Prior to October 1, the budget is legally enacted through passage of an ordinance. d. Formal budgetary integration is employed as a management control device during the year for the governmental funds described above. e. The City Commission, by ordinance, may make supplemental appropriations for the year up to the amount of revenues in excess of those estimated. The City Commission made several supplemental budgetary appropriations throughout the year including approximately $ 7.7 million in the General Fund. f. Budgets for the governmental funds are adopted on a basis consistent with generally accepted accounting principles ("GAAP"). g. The City Manager is authorized to transfer part or all of an unencumbered appropriation balance within departments within a fund; however, any revisions that alter the total appropriations of any department or fund must be approved by the City Commission. The classification detail at which expenditures may not legally exceed appropriations is at the department level of the general fund. h. Encumbrances lapse at fiscal year-end. Encumbrances are re -appropriated in the following year's budget. A separate budget document for the Aventura City of Excellence School Fund and the Don Soffer Aventura High School Fund is adopted by the City on May of each year, based on an annual operational fiscal year ending as of June 30th. 99 City of Aventura, Florida Required Supplementary Information Schedule of Changes in Net Pension Liability and Related Ratios (Unaudited) Police Officer's Retirement Plan Last Ten Fiscal Years Reporting period ending: 9/30/2024 9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019 9/30/2018 9/30/2017 9/30/2016 9/30/2015 Measurement date: 9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019 9/30/2018 9/30/2017 9/30/2016 9/30/2015 9/30/2014 Total pension liability: Service cost $ 2,111,399 $ 1,968,670 $ 2,138,359 $ 1,993,808 $ 2,107,436 $ 1,960,406 $ 1,946,501 $ 1,810,699 $ 1,896,180 $ 1,732,252 Interest 5,783,733 5,273,819 4,788,701 4,421,716 4,033,828 3,627,275 3,279,516 2,931,936 2,727,885 2,238,129 Changes of benefit terms - - - - - 1,173,788 - - 2,797,541 - Differences between expected and actual experience - 2,073,045 1,388,353 1,097,921 - (794,007) - (1,226,574) (1,326,392) - Changesofassumptions - - - (1,596,026) - 1,856,302 - 1,534,188 - - Contributions - buyback 171,436 - 10,811 10,039 121,590 - - - - - Benefits payments, including refunds of employee contributions (3,041,011) (1,808,938) (1,121,573) (898,707) (699,399) (691,515) (514,739) (588,554) (394,472) (409,084) Net change in total pension liability 5,025,557 7,506,596 7,204,651 5,028,751 5,563,455 7,132,249 4,711,278 4,461,695 5,700,742 3,561,297 Total pension liability - beginning 79,184,727 71,678,131 64,473,480 59,444,729 53,881,274 46,749,025 42,037,747 37,576,052 31,875,310 28,314,013 Total pension liability - ending (a) $ 84,210,284 $ 79,194,727 $ 71,678,131 $ 64,473,480 $ 59,444,729 $ 53,881,274 $ 46,749,025 $ 42,037,747 $ 37,576,052 $ 31,875,310 Plan fiduciary net position: Contributions -employer $ 1,719,185 $ 1,849,234 $ 1,881,922 $ 1,603,198 $ 1,551,880 $ 1,589,440 $ 1,497,898 $ 1,302,614 $ 1,550,643 $ 1,548,543 Contributions - state 476,859 471,692 382,744 561,953 474,040 435,103 338,364 342,209 310,354 318,440 Contributions -employee 831,887 879,603 924,555 902,513 943,658 956,612 941,916 863,769 541,792 541,099 Contributions - buyback 171,436 - 10,811 10,039 121,590 - - - - - Net investment income (loss) 6,523,827 (11,446,124) 11,425,362 4,011,254 837,503 3,511,042 4,262,504 2,158,517 (614,811) 2,199,131 Benefit payments, including refunds of employee contributions (3,041,011) (1,808,938) (1,121,573) (898,707) (699,399) (691,515) (514,739) (588,554) (394,472) (409,084) Administrative expense (140,780) (150,723) (131,204) (87,902) (84,711) (71,805) (74,636) (66,033) (66,115) (55,898) Net change in plan fiduciary net position 6,541,403 (10,205,256) 13,372,617 6,102,348 3,144,561 5,728,877 6,451,307 4,012,522 1,327,391 4,142,231 Plan fiduciary net position - beginning 58,605,861 68,811,117 51,436,261 45,333,913 42,189,352 36,460,475 30,009,168 25,996,646 24,669,255 24,669,255 Prior period adjustment - - (139,992) - - - - - - - Plan fiduciary net position - ending (b) $ 65,147,264 $ 58,605,861 $ 64,668,886 $ 51,436,261 $ 45,333,913 $ 42,189,352 $ 36,460,475 $ 30,009,168 $ 25,996,646 $ 28,811,486 Net pension liability - ending (a) - (b) $ 19,063,020 $ 20,578,866 $ 7,009,245 $ 13,037,219 $ 14,110,816 $ 11,691,922 $ 10,288,550 $ 12,028,579 $ 11,579,406 $ 3,063,824 Plan fiduciary net position as a percentage of the total pension liability 77.36% 74.01% 90.22% 79.78% 76.26% 78.30% 77.99% 71.39% 69.18% 90.39% Covered payroll $ 7,724,116 $ 8,163,365 $ 8,580,555 $ 8,375,995 $ 8,668,447 $ 8,878,068 $ 8,741,677 $ 8,129,475 $ 8,047,155 $ 8,047,155 Net pension liability as a percentage of covered payroll 246.80% 252.09% 81.69% 155.65% 162.78% 131.69% 117.70% 147.96% 143.89% 38.07% 67 City of Aventura, Florida Required Supplementary Information Schedule of Contributions (Unaudited) Police Officer's Retirement Plan Last Ten Fiscal Years Actual Fiscal Actuarially Contribution Contribution Year Ended Determined Actual Deficiency Covered as a % of September 30, Contribution Contribution (Excess) Payroll Covered Payroll 2024 $ 2,784,474 $ 2,784,474 $ $ 8,371,337 33.26% 2023 $ 2,196,044 $ 2,196,044 $ $ 7,724,116 28.43% 2022 $ 2,320,926 $ 2,320,926 $ - $ 8,163,365 28.43% 2021 $ 2,264,666 $ 2,264,666 $ - $ 8,580,555 26.39% 2020 $ 2,210,676 $ 2,165,151 $ 45,525 $ 8,375,995 25.85% 2019 $ 1,924,394 $ 2,025,920 $ (101,526) $ 8,668,447 23.37% 2018 $ 1,951,222 $ 2,024,543 $ (73,321) $ 8,878,068 22.80% 2017 $ 1,826,049 $ 1,836,262 $ (10,213) $ 8,741,677 21.01% 2016 $ 1,698,166 $ 1,644,823 $ 53,343 $ 8,129,475 20.23% 2015 $ 1,830,896 $ 1,860,998 $ (30,102) $ 8,047,155 23.13% Notes to Schedule: Valuation date 10/1/2023 Mortality rate: Healthy Active Lives: Female: PubS.H-2010 (Above median) for employees, set forward one year. Male: PubS.H-2010 (Above median) for employees, set forward one year. Disabled Lives: 80% PubG.H-2010 for Disabled Retirees/20% PubS.H-2010 for Disables Retirees. All rates are projected generationally with Mortality Improvement Scale MP-2018. Healthy Retiree Lives: Female: PubS.H-2010 for healthy retirees, set forward one year. Male: PubS.H (Below median) for healthy retirees, set forward one year. Interest rate: 6.70% Salary Increases: 5.00% Inflation: 2.50% Actuarial cost method: Entry age normal actuarial cost method Actuarial valuation method: 5 year smoothed market M. City of Aventura, Florida Required Supplementary Information Schedule of Investment Returns (Unaudited) Police Officer's Retirement Plan Last Ten Fiscal Years Fiscal Year Ended September 30, Annual money -weighted rate of return, net of investment expenses 2024 23.93 % 2023 11.32 % 2022 (16.40) % 2021 20.55 % 2020 8.02 % 2019 1.68 % 2018 8.60 % 2017 11.97 % 2016 7.00 % 2015 (1.83) % City of Aventura, Florida Required Supplementary Information Schedule of Changes in Total OPEB Liability and Related Ratios Other Post -Employment Benefits (Unaudited) Last Ten Fiscal Years (1) Reporting period ending: Measurement date: Total OPEB Liability: 9/30/2024 9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019 9/30/2018 9/30/2023 913012022 913012021 913012020 913012019 913012018 913012017 Service cost $ 80,275 $ 95,563 $ 99,574 $ 112,309 $ 109,038 $ 65,680 $ 33,459 Expected interest growth 61,989 54,289 47,421 87,298 45,557 27,175 23,363 Demographic experience - (776,041) - (636,641) 288,869 611,405 - Benefit payments and refunds (21,449) (45,447) (42,276) (88,651) (80,592) (72,858) (7,496) Assumption changes (12,887) (259,620) (80,937) 292,938 803,820 (144,961) - Net change in total OPEB liability 107,928 (931,256) 23,782 (232,747) 1,166,692 486,441 49,326 Total OPEB liability -beginning Total OPEB liability -ending Covered -employee payroll Total OPEB liability as a percentage of covered -employee payroll 1,229,904 2,161,160 2,137,378 2,370,125 1,203,433 716,992 667,666 $ 1,337,832 $ 1,229,904 $ 2,161,160 $ 2,137,378 $ 2,370,125 $ 1,203,433 $ 716,992 $ 19,413,448 $ 18,848,008 $ 16,988,435 $ 16,493,626 $ 16,008,236 $ 15,746,445 $ 12,595,559 6.89% 6.53% 12.72% 12.96% 14.81% 7.64% 5.69% Note: (1) This schedule is intended to illustrate information for 10 years. However, until a full 10-year trend is compiled, the City of Aventura should present information for those years for which information is available. Plan Assets: No assets are accumulated in a trust, or equivalent arrangement, that meets the criteria of GASB Codification P52.101 to pay related benefits for the OPEB plan. 70 SUPPLEMENTARY INFORMATION COMBINING AND INDIVIDUAL FUND FINANCIAL STATEMENTS City of Aventura, Florida Combining Balance Sheet Nonmajor Governmental Funds September 30, 2024 Special Revenue Funds Debt Service Funds Transportation Series Series Law and Series 2012 (A) 2012 (B) Series Total Police Federal Enforcement Street 2010 & 2011 Debt Debt 2018 Capital Nonmajor Building Education 911 Forfeiture Trust Maintenance Debt Service Service Service Debt Service Projects Governmental Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Funds Assets: Cash, cash equivalents and investments $ 4,041,440 $ 36,879 $ 59,806 $ 464,817 $ 154,719 $ 8,841,451 $ 95,645 $ 4 $ 376,069 $ $ 916,900 $ 14,987,730 Due from other governments - 366 13,549 - - - - - - 13,915 Total assets $ 4,041,440 $ 37,245 $ 73,355 $ 464,817 $ 154,719 $ 8,841,451 $ 95,645 $ 4 $ 376,069 $ - $ 916,900 $ 15,001,645 Liabilities: Accounts payable $ 347,043 $ $ - $ $ 27 $ 130,494 $ - $ $ $ $ 3,731 $ 481,295 Accrued liabilities 8,283 6,830 - 95,388 - 110,501 Due to other governments 55,530 - - - - - - - - - - 55,530 Total liabilities 410,856 6,830 27 130,494 95,388 3,731 647,326 Fund Balances: Restricted for: Public works/transportation - - - - - 8,710,957 - - - - - 8,710,957 Public safety/law enforcement - 37,245 66,525 464,817 154,692 - 723,279 Community development 3,630,584 - - - - - 3,630,584 Capital projects - - 913,169 913,169 Debt service - 257 4 376,069 - 376,330 Total fund balances 3,630,584 37,245 66,525 464,817 154,692 8,710,957 257 4 376,069 913,169 14,354,319 Total liabilities and fund balances $ 4,041,440 $ 37,245 $ 73,355 $ 464,817 $ 154,719 $ 8,841,451 $ 95,645 $ 4 $ 376,069 $ - $ 916,900 $ 15,001,645 71 City of Aventura, Florida Combining Statement of Revenues, Expenditures and Changes in Fund Balances Nonmajor Governmental Funds For the Year Ended September 30, 2024 Special Revenue Funds Debt Service Funds Transportation Series Series Series Law and Series 2012 (A) 2012 (B) 2018 Total Police Federal Enforcement Street 2010 & 2011 Debt Debt Debt Capital Nonmajor Building Education 911 Forfeiture Trust Maintenance Debt Service Service Service Service Projects Governmental Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Fund Funds Revenues: Intergovernmental $ $ - $ 74,654 $ $ - $ 846,929 $ $ $ $ $ $ 921,583 Fines and forfeitures - 4,188 - - 3,145 - - - - - - 7,333 Licenses, permits and impact fees 7,195,894 - - - 762,336 167,604 8,125,834 Investment income 212,434 1,977 2,431 28,496 8,463 432,856 48,683 735,340 Total revenues 7,408,328 6,165 77,085 28,496 11,608 2,042,121 216,287 9,790,090 Expenditures: Current: Public safety 5,431,053 4,040 81,598 7,551 5,960 26,037 5,556,239 Public works - - - - - 689,474 - - - - - 689,474 Capital outlay 6,538 77,630 56,756 34,175 175,099 Debt service: Principal - - - 985,000 326,094 363,906 290,000 - 1,965,000 Interest - 207,997 35,491 40,022 206,724 - 490,234 Total expenditures 5,437,591 4,040 81,598 85,181 5,960 772,267 1,192,997 361,585 403,928 496,724 34,175 8,876,046 Excess (deficiency) of revenues over (under) expenditures 1,970,737 2,125 (4,513) (56,685) 5,648 1,269,854 (1,192,997) (361,585) (403,928) (496,724) 182,112 914,044 Other financing sources (uses) Transfers in 1,192,997 361,585 403,928 496,724 2,455,234 Transfers out (536,500) - - - - (536,500) Total other financing sources (uses) (536,500) - 1,192,997 361,585 403,928 496,724 - 1,918,734 Net change in fund balances 1,434,237 2,125 (4,513) (56,685) 5,648 1,269,854 - - 182,112 2,832,778 Fund balances, beginning* 2,196,347 35,120 71,038 521,502 149,044 7,441,103 257 4 376,069 - 731,057 11,521,541 Fund balances, ending $ 3,630,584 $ 37,245 $ 66,525 $ 464,817 $ 154,692 $ 8,710,957 $ 257 $ 4 $ 376,069 $ $ 913,169 $ 14,354,319 72 City of Aventura, Florida Required Supplementary Information Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Building Fund - Special Revenue Fund For the Year Ended September 30, 2024 Variance with Final Budget Budgeted Amounts Positive Original Final Actual (Negative) Revenues: Licenses, permits and impact fees $ 4,239,382 $ 6,071,032 $ 7,195,894 $ 1,124,862 Fines and forfeitures 1,250 1,250 - (1,250) Investment income 15,000 15,000 212,434 197,434 Total revenues 4,255,632 6,087,282 7,408,328 1,321,046 Expenditures: Community Development Capital outlay Total expenditures Excess of revenues over expenditures Other financing sources (uses): Transfers out Total other financing sources (uses) Net change in fund balance 3,963,840 45,200 4,009,040 5,503,840 5,431,053 72,787 45,200 6,538 38,662 5,549,040 5,437,591 111,449 246,592 538,242 1,970,737 1,432,495 (246,592) (538,242) (536,500) (246,592) (538,242) (536,500) 1,742 1,742 $ 1,434,237 $ 1,434,237 73 City of Aventura, Florida Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual Police Education Fund - Special Revenue Fund For the Year Ended September 30, 2024 Revenues: Fines and forfeitures Investment income Total revenues Expenditures: Public safety Total expenditures Net change in fund balance Budgeted Amounts Original Final $ 4,500 $ Variance with Final Budget Positive Actual (Negative) 4,500 $ 4,188 $ (312) - 1,977 1,977 4,500 6,165 1,665 4,500 4,500 4,040 4,500 4,500 4,040 460 460 2,125 $ 2,125 74 City of Aventura, Florida Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual 911 Fund - Special Revenue Fund For the Year Ended September 30, 2024 Revenues: Intergovernmental revenue $ Investment income Total revenues Expenditures: Public safety Total expenditures Deficiency of revenues under expenditures Other financing sources (uses): Appropriated fund balance Total other financing sources (uses) Net change in fund balance $ Variance with Final Budget Budgeted Amounts Positive Original Final Actual (Negative) 71,225 $ 71,225 $ 1,500 1,500 72,725 72,725 74,654 $ 3,429 2,431 931 77,085 4,360 72,725 92,725 81,598 11,127 72,725 92,725 81,598 11,127 - (20,000) (4,513) 15,487 - 20,000 - 20,000 - (20,000) - (20,000) $ (4,513) $ (4,513) 75 City of Aventura, Florida Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual Federal Forfeiture Fund - Special Revenue Fund For the Year Ended September 30, 2024 Variance with Final Budget Budgeted Amounts Positive Original Final Actual (Negative) Revenues: Investment income $ - $ 12,000 $ 28,496 $ 16,496 Total revenues - 12,000 28,496 16,496 Expenditures: Public safety - 10,000 7,551 2,449 Capital outlay - 80,000 77,630 2,370 Total expenditures - 90,000 85,181 4,819 Deficiency of revenues under expenditures - (78,000) (56,685) 21,315 Other financing sources (uses): Appropriated fund balance - 78,000 - (78,000) Total other financing sources (uses) - 78,000 - (78,000) Net change in fund balance $ - $ - $ (56,685) $ (56,685) 76 City of Aventura, Florida Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual Law Enforcement Trust Fund - Special Revenue Fund For the Year Ended September 30, 2024 Variance with Final Budget Budgeted Amounts Positive Original Final Actual (Negative) Revenues: Fines and forfeitures $ - $ - $ 3,145 $ 3,145 Investment income - 6,500 8,463 1,963 Total revenues - 6,500 11,608 5,108 Expenditures: Public safety Total expenditures Net change in fund balance 6,500 5,960 6,500 5,960 - $ 5,648 $ 540 540 77 City of Aventura, Florida Required Supplementary Information Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Transportation and Street Maintenance Fund - Special Revenue Fund For the Year Ended September 30, 2024 Variance with Final Budget Budgeted Amounts Positive Original Final Actual (Negative) Revenues: Intergovernmental revenue $ 776,000 $ 776,000 $ 846,929 $ 70,929 Licenses, permits and impact fees - - 762,336 762,336 Investment income 150,000 150,000 432,856 282,856 Total revenues 926,000 926,000 2,042,121 1,116,121 Expenditures: Community Services Public works Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses): Appropriated fund balance Total other financing sources (uses) Net change in fund balance - - 26,037 26,037 786,000 786,000 689,474 96,526 140,000 415,000 56,756 358,244 926,000 1,201,000 772,267 480,807 - (275,000) - 275,000 - 275,000 1,269,854 1,596,928 (275,000) (275,000) $ 1,269,854 $ 1,321,928 City of Aventura, Florida Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual Series 2010 & 2011 - Debt Service Fund For the Year Ended September 30, 2024 Variance with Final Budget Budgeted Amounts Positive Original Final Actual (Negative) Revenues: $ - $ - $ - $ - Expenditures: Debt service: Principal Interest Total expenditures Deficiency of revenues under expenditures Other financing sources (uses): Transfers in Total other financing sources (uses) Net change in fund balance $ 985,000 985,000 985,000 - 207,997 207,997 207,997 - 1,192,997 1,192,997 1,192,997 - (1,192,997) (1,192,997) (1,192,997) - 1,192,997 1,192,997 1,192,997 - 1,192,997 1,192,997 1,192,997 - 79 City of Aventura, Florida Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual Series 2012 (A) - Debt Service Fund For the Year Ended September 30, 2024 Variance with Final Budget Budgeted Amounts Positive Original Final Actual (Negative) Revenues: $ - $ - $ - $ - Expenditures: Debt service: Principal Interest Total expenditures Deficiency of revenues under expenditures Other financing sources (uses): Transfers in Total other financing sources (uses) Net change in fund balance $ 326,094 326,094 326,094 35,491 35,491 35,491 361,585 361,585 361,585 (361,585) (361,585) (361,585) 361,585 361,585 361,585 361,585 361,585 361,585 - 80 City of Aventura, Florida Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual Series 2012 (B) - Debt Service Fund For the Year Ended September 30, 2024 Variance with Final Budget Budgeted Amounts Positive Original Final Actual (Negative) Revenues: $ - $ - $ - $ - Expenditures: Debt service: Principal Interest Total expenditures Deficiency of revenues under expenditures Other financing sources (uses): Transfers in Total other financing sources (uses) Net change in fund balance $ 363,906 363,906 363,906 40,022 40,022 40,022 403,928 403,928 403,928 (403,928) (403,928) (403,928) 403,928 403,928 403,928 403,928 403,928 403,928 - 81 City of Aventura, Florida Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual Series 2018 - Debt Service Fund For the Year Ended September 30, 2024 Revenues: Expenditures: Debt service: Principal Interest Total expenditures Deficiency of revenues under expenditures Other financing sources (uses): Transfers in Total other financing sources (uses) Net change in fund balance Variance with Final Budget Budgeted Amounts Positive Original Final Actual (Negative) 290,000 290,000 290,000 - 206,724 206,724 206,724 - 496,724 496,724 496,724 - (496,724) (496,724) (496,724) - 496,724 496,724 496,724 - 496,724 496,724 496,724 - 82 City of Aventura, Florida Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual Capital Projects Fund For the Year Ended September 30, 2024 Variance with Final Budget Budgeted Amounts Positive Original Final Actual (Negative) Revenues: Licenses, permits and impact fees $ - $ - $ 167,604 $ 167,604 Investment income - - 48,683 48,683 Total revenues - - 216,287 216,287 Expenditures: Capital outlay 63,500 63,500 34,175 29,325 Total expenditures 63,500 63,500 34,175 29,325 Excess (deficiency) of revenues over (under) expenditures (63,500) (63,500) 182,112 245,612 Other financing sources (uses): Appropriated fund balance 63,500 63,500 - (63,500) Total other financing sources (uses) 63,500 63,500 - (63,500) Net change in fund balances $ - $ - $ 182,112 $ 182,112 83 STATISTICAL SECTION STATISTICAL SECTION This part of the City of Aventura's annual comprehensive financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, required supplementary information, and supplementary information says about the City's overall financial health. Contents Page Financial Trends 84-90 These schedules contain trend information to help the reader understand how the City's financial performance and well-being have changed over time. Revenue Capacity 91-94 These schedules contain information to help the reader assess the City's most significant local revenue source, the property tax. Debt Capacity 95-98 These schedules contain information to help the reader assess the affordability of the City's current levels of outstanding debt and the City's ability to issue additional debt in the future. Demographic and Economic Information 99-100 These schedules offer demographic and economic indicators to help the reader understand the environment within which the City's financial activities take place. Operating Information 101-103 These schedules contain service and infrastructure data to help the reader understand how the information in the City's financial report relates to the services the City provides and the activities it performs. Sources: Unless otherwise noted, the information in these schedules is derived from the annual comprehensive financial reports for the relevant years. City of Aventura, Florida Net Position By Component Last Ten Fiscal Years (Accrual Basis of Accounting) Governmental Activities: Net investment in capital assets Restricted Unrestricted Total governmental activities, net position Business -Type Activities: Net investment in capital assets Unrestricted Total business -type activities, net position Primary Government: Net investment in capital assets Restricted Unrestricted Total primary government, net position 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $ 68,719,115 $ 69,973,180 $ 69,676,810 $ 56,363,585 $ 83,298,863 $ 83,259,653 $ 81,618,679 $ 81,608,195 $ 86,775,707 $ 90,061,817 3,271,471 3,856,017 5,084,902 17,073,477 8,300,569 7,873,676 8,012,142 8,507,330 8,228,027 15,161,889 38,897,287 37,512,481 40,147,287 45,458,005 31,633,822 30,683,450 33,075,470 37,069,874 46,364,281 50,943,384 $ 110,887,873 $ 111,341,678 $ 114,908,999 $ 118,895,067 $ 123,233,254 $ 121,816,779 $ 122,706,291 $ 127,185,399 $ 141,368,015 $ 156,167,090 $ 6,775,365 $ 6,809,456 $ 8,464,648 $ 8,942,582 $ 8,959,654 $ 9,302,065 $ 9,710,999 $ 9,671,638 $ 9,634,926 $ 9,196,176 2,549,418 2,265,033 912,350 314,906 516,304 810,750 623,861 1,194,248 1,642,739 2,618,186 $ 9,324,783 $ 9,074,489 $ 9,376,998 $ 9,257,488 $ 9,475,958 $ 10,112,815 $ 10,334,860 $ 10,865,886 $ 11,277,665 $ 11,814,362 $ 75,494,480 $ 76,782,636 $ 78,141,458 $ 65,306,167 $ 92,258,517 $ 92,561,718 $ 91,329,678 $ 91,279,833 $ 96,410,633 $ 99,257,993 3,271,471 3,856,017 5,084,902 17,073,477 8,300,569 7,873,676 8,012,142 8,507,330 8,228,027 15,161,889 41,446,705 39,777,514 41,059,637 45,772,911 32,150,126 31,494,200 33,699,331 38,264,122 48,007,020 53,561,570 $ 120,212,656 $ 120,416,167 $ 124,285,997 $ 128,152,555 $ 132,709,212 $ 131,929,594 $ 133,041,151 $ 138,051,285 $ 152,645,680 $ 167,981,452 City of Aventura, Florida Changes in Net Position Last Ten Fiscal Years (Accrual Basis of Accounting) Expenses: Governmental activities: General government Public safety Community services Public works Interest and fiscal charges Total governmental activities Business -type activities: Stormwater utility Total business -type activities Total primary government expenses Program Revenues: Governmental activities: Charges for services: Public safety Public works Community services Operating grants and contributions Capital grants and contributions Total governmental activities program revenues Business -type activities: Charges for services: Stormwater utility Capital grants and contributions Total business -type activities program revenues Total primary government program revenues 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $ 5,472,458 $ 5,435,311 $ 6,152,071 $ 6,852,644 $ 6,499,306 $ 6,623,623 $ 6,530,759 $ 7,429,382 $ 8,474,985 $ 9,487,338 21,260,568 28,476,913 22,977,305 26,270,646 28,048,176 25,293,219 26,134,934 28,260,645 30,659,924 37,252,614 18,108,075 18,537,066 13,906,239 13,883,644 14,522,255 20,174,129 21,581,551 26,491,889 33,684,863 35,934,324 - - 5,972,296 6,808,327 6,594,647 5,078,284 5,490,916 5,995,815 5,207,367 5,588,861 811,973 780,591 691,208 823,128 915,785 839,016 705,175 647,028 586,795 524,569 45,653,074 53,229,881 49,699,119 54,638,389 56,580,169 58,008,271 60,443,335 68,824,759 78,613,934 88,787,706 693,864 1,165,564 990,716 1,479,473 1,135,236 1,067,621 1,071,324 1,252,380 1,131,279 1,052,701 693,864 1,165,564 990,716 1,479,473 1,135,236 1,067,621 1,071,324 1,252,380 1,131,279 1,052,701 $ 46,346,938 $ 54,395,445 $ 50,689,835 $ 56,117,862 $ 57,715,405 $ 59,075,892 $ 61,514,659 $ 70,077,139 $ 79,745,213 $ 89,840,407 $ 6,839,027 $ 9,155,350 $ 8,438,187 $ 10,703,033 $ 9,013,897 $ 5,956,969 $ 7,257,567 $ 11,289,058 $ 11,836,110 $ 14,117,225 - - - - - - 50,451 371,747 197,493 791,854 1,828,016 1,940,708 2,008,547 2,168,119 2,415,250 1,560,808 1,187,005 2,294,725 3,928,853 3,960,473 8,261,217 10,330,075 8,951,723 9,859,151 9,494,299 11,058,743 13,121,152 17,543,366 27,446,402 29,532,172 1,253,396 475,022 237,244 288,174 1,270,000 994,779 1,623,343 1,499,951 1,111,820 1,600,388 18,181,656 21,901,155 19,635,701 23,018,477 22,193,446 19,571,299 23,239,518 32,998,847 44,520,678 50,002,112 926,278 904,116 1,283,915 1,253,514 1,347,009 1,442,333 1,376,473 1,331,986 1,496,112 1,466,061 - - - - - 252,106 - 458,194 - - 926,278 904,116 1,283,915 1,253,514 1,347,009 1,694,439 1,376,473 1,790,180 1,496,112 1,466,061 $ 19,107,934 $ 22,805,271 $ 20,919,616 $ 24,271,991 $ 23,540,455 $ 21,265,738 $ 24,615,991 $ 34,789,027 $ 46,016,790 $ 51,468,173 City of Aventura, Florida Changes in Net Position Last Ten Fiscal Years (continued) (Accrual Basis of Accounting) 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Net Revenue/Expense: Governmental activities $ (27,471,418) $ (31,328,726) $ (30,063,418) $ (31,619,912) $ (34,386,723) $ (38,436,972) $ (37,203,817) $ (35,825,912) $ (34,093,256) $ (38,785,594) Business -type activities 232,414 (261,448) 293,199 (225,959) 211,773 626,818 305,149 537,800 364,833 413,360 Total primary government, net expense $ (27,239,004) $ (31,590,174) $ (29,770,219) $ (31,845,871) $ (34,174,950) $ (37,810,154) $ (36,898,668) $ (35,288,112) $ (33,728,423) $ (38,372,234) General Revenue and Transfers: Governmental activities: Taxes: Ad valorem taxes $ 13,977,630 $ 15,008,874 $ 16,349,089 $ 16,747,025 $ 17,051,593 $ 17,557,171 $ 17,346,855 $ 17,216,330 $ 18,820,560 $ 20,744,917 Utility service taxes and other 7,872,483 7,720,496 7,655,803 8,052,694 9,158,398 9,435,432 9,604,135 10,139,401 11,135,742 11,870,888 Franchise fees 2,294,667 2,365,853 1,979,437 2,544,772 2,399,456 2,201,619 4,381,329 5,138,500 5,736,832 5,682,995 Intergovernmental revenue - unrestricted 5,960,760 6,157,110 7,141,485 6,632,917 6,413,594 5,336,308 6,364,811 8,113,189 9,065,470 8,977,578 Impact fees 6,775 255,022 145,498 1,140,494 1,292,803 598,318 - - - Investment income (loss) 182,464 260,113 347,537 650,183 1,627,125 1,432,822 75,749 (921,297) 3,218,155 5,220,990 Miscellaneous revenues 377,908 15,063 11,890 28,560 781,941 459,534 299,850 618,897 299,113 1,087,301 Net transfers (67,841) - - - - Total governmental activities 30,672,687 31,782,531 33,630,739 35,796,645 38,724,910 36,953,363 38,072,729 40,305,020 48,275,872 53,584,669 Business -type activities: Intergovernmental - (unrestricted) 496,293 - - 100,000 - - - - - - Miscellaneous - - - - - - (83,813) - 11,651 Investment income (loss) 7,335 11,154 9,310 6,449 6,697 10,039 709 (6,774) 46,946 111,686 Total business - type activities 503,628 11,154 9,310 106,449 6,697 10,039 (83,104) (6,774) 46,946 123,337 Total primary government $ 31,176,315 $ 31,793,685 $ 33,640,049 $ 35,903,094 $ 38,731,607 $ 36,963,402 $ 37,989,625 $ 40,298,246 $ 48,322,818 $ 53,708,006 Change in Net Position: Governmental activities $ 3,201,269 $ 453,805 $ 3,567,321 $ 4,176,733 $ 4,338,187 $ (1,483,609) $ 868,912 $ 4,479,108 $ 14,182,616 $ 14,799,075 Business -type activities 736,042 (250,294) 302,509 (119,510) 218,470 636,857 222,045 531,026 411,779 536,697 Total primary government $ 3,937,311 $ 203,511 $ 3,869,830 $ 4,057,223 $ 4,556,657 $ (846,752) $ 1,090,957 $ 5,010,134 $ 14,594,395 $ 15,335,772 Note: (1) Effective 2020, the Charter Schools of the City are presented as of and for the year ended June 30th. 86 City of Aventura, Florida Governmental Activities Tax Revenues by Source Last Ten Fiscal Years (Accrual Basis of Accounting) Tax Utility Fiscal Roll Ad Valorem Service Franchise Year Year Taxes Taxes Fees Total 2015 2014 15,008,874 7,720,496 2,365,853 25,095,223 2016 2015 16,349,089 7,655,803 1,979,437 25,984,329 2017 2016 16,747,025 8,052,694 2,544,772 27,344,491 2018 2017 17,051,593 9,158,398 2,399,456 28,609,447 2019 2018 17,557,171 9,435,432 2,201,619 29,194,222 2020 2019 17,346,855 9,604,135 4,381,329 31,332,319 2021 2020 17,216,330 10,139,401 5,138,500 32,494,231 2022 2021 18,820,560 11,135,742 5,736,832 35,693,134 2023 2022 18,820,560 11,135,742 5,736,832 35,693,134 2024 2023 20,744,917 11,870,888 5,682,995 38,298,800 87 City of Aventura, Florida Fund Balances of Governmental Funds Last Ten Fiscal Years (Modified Accrual Basis of Accounting) 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 General Fund: Nonspendable $ 448,765 $ 416,956 $ 496,322 $ 537,563 $ 630,695 $ 351,524 $ 696,872 $ 694,042 $ 1,207,785 $ 1,169,921 Committed 21,405,561 21,575,911 21,895,756 19,772,304 19,772,304 19,772,304 19,772,304 19,772,304 5,188,299 7,988,970 Assigned 313,426 898,495 1,541,402 559,263 399,087 361,257 841,192 691,054 772,506 620,606 Unassigned 16,912,171 19,724,328 21,290,153 15,541,095 20,350,488 21,148,403 24,156,021 25,782,664 49,030,842 53,061,814 Total General Fund $ 39,079,923 $ 42,615,690 $ 45,223,633 $ 36,410,225 $ 41,152,574 $ 41,633,488 $ 45,466,389 $ 46,940,064 $ 56,199,432 $ 62,841,311 All other governmental funds: Nonspendable $ 9,466 $ 11,961 $ 11,961 $ 11,961 $ 9,466 $ 9,465 $ 23,019 $ 23,330 $ 1,254,385 $ 1,552,813 Committed - - - - 1,779,618 - - - - - Restricted 3,271,471 4,286,433 5,084,902 17,073,477 8,300,569 7,873,676 8,012,142 8,507,330 10,424,374 15,161,889 Assigned 4,376,429 3,877,756 2,648,408 3,361,029 15,784 2,028,124 657,245 1,494,773 4,412,929 2,468,580 Unassigned - - - - (1,350,803) (2,319,884) (2,473,438) (3,215,374) (5,751,049) (720,540) Total all other governmental funds $ 7,657,366 $ 8,176,150 $ 7,745,271 $ 20,446,467 $ 8,754,634 $ 7,591,381 $ 6,218,968 $ 6,810,059 $ 10,340,639 $ 18,462,742 L• . City of Aventura, Florida Changes in Fund Balances of Governmental Funds Last Ten Fiscal Years (Modified Accrual Basis of Accounting) Revenues: Ad valorem taxes Utility service and other Franchise fees Licenses, permits and impact fees Intergovernmental revenues Charges for services Fines and forfeitures Investment income (loss) Miscellaneous Total revenues Expenditures: Current: General government Public safety Community services Public works Capital outlay Debt service: Principal Interest Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses): Issuance of debt Sale of general capital assets Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Debt service as a percentage of noncapital expenditures 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $ 13,977,630 $ 15,008,874 $ 16,349,089 $ 16,747,025 $ 17,051,593 $ 17,557,171 $ 17,346,855 $ 17,216,330 $ 18,820,560 $ 20,744,917 7,872,483 7,720,496 7,655,803 8,052,694 9,158,398 9,230,401 9,696,071 10,252,496 11,135,742 11,870,888 2,294,667 2,374,953 1,979,437 2,544,772 2,399,456 2,201,619 4,381,329 5,138,500 5,736,832 5,682,995 3,937,322 5,714,913 5,124,218 8,150,602 5,485,397 2,818,872 2,872,946 6,155,457 5,564,230 8,155,612 13,707,814 13,952,101 14,496,892 15,200,778 17,293,273 17,319,096 20,517,005 25,665,637 34,515,829 37,881,700 3,721,362 5,061,619 4,363,712 4,313,718 4,711,865 3,562,199 3,486,725 4,478,750 6,142,526 6,547,194 2,783,222 3,008,304 2,787,628 2,653,695 2,706,828 1,734,024 2,135,352 3,321,323 4,255,700 4,166,746 182,464 260,077 347,537 650,183 1,627,125 1,432,822 75,749 (921,297) 3,218,155 5,220,990 336,529 311,886 264,948 514,920 437,552 690,764 339,400 823,223 4,867,061 3,835,328 48,813,493 53,413,223 53,369,264 58,828,387 60,871,487 56,546,968 60,851,432 72,130,419 94,256,635 104,106,370 4,631,847 4,786,053 5,303,756 5,839,354 5,529,600 5,835,984 5,664,264 6,720,684 7,596,584 8,589,850 20,151,306 22,019,805 22,835,279 24,752,571 24,528,213 23,831,441 24,828,526 27,729,442 27,726,682 33,497,672 13,878,863 14,898,678 11,445,973 11,893,206 12,767,001 14,837,524 17,297,056 21,949,087 28,469,787 30,780,549 - - 4,421,461 4,733,897 4,783,972 4,877,664 5,230,744 5,848,624 5,846,099 4,308,290 3,804,602 5,125,295 4,653,942 12,150,289 17,247,114 4,339,903 2,935,519 5,210,379 9,569,388 9,670,721 1,735,000 1,790,000 1,850,000 1,930,000 2,120,000 2,705,000 1,785,000 1,845,000 1,900,000 1,965,000 811,973 753,904 693,679 769,842 867,530 801,084 670,435 612,437 552,310 490,234 45,013,591 49,373,735 51,204,090 62,069,159 67,843,430 57,228,600 58,411,544 69,915,653 81,660,850 89,302,316 3,799,902 4,039,488 2,165,174 (3,240,772) (6,971,943) (681,632) 2,439,888 2,214,766 12,595,785 14,804,054 - - - 7,100,000 - - - 344,163 - 40,850 15,063 11,890 28,560 22,459 - - - - - 2,666,334 2,644,908 2,644,502 9,273,335 3,478,942 3,743,353 2,744,214 5,437,416 3,220,549 8,637,605 (2,666,334) (2,644,908) (2,644,502) (9,273,335) (3,478,942) (3,810,994) (2,744,214) (5,587,416) (3,370,549) (8,677,677) 40,850 15,063 11,890 7,128,560 22,459 (67,641) - (150,000) 194,163 (40,072) $ 3,840,752 $ 4,054,551 $ 2,177,064 $ 3,887,788 $ (6,949,484) $ (749,273) $ 2,439,888 $ 2,064,766 $ 12,789,948 $ 14,763,982 6.01% 5.63% 5.46% 4.67% 5.84% 6.41% 4.37% 3.72% 3.40% 3.00% Nei City of Aventura, Florida General Governmental Revenues By Source Last Ten Fiscal Years (Modified Accrual Basis of Accounting) Fiscal Year 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Ad Valorem $ 13,977,630 $ 15,008,874 16,349,089 16,747,025 17,051,593 17,557,171 17,346,855 17,216,330 18,820,560 20,744,917 Licenses, Utility Taxes Franchise Permits and and Other Fees Impact Fees 7,872,483 $ 2,294,667 $ 3,937,322 $ 7,720,496 2,374,953 5,714,913 7,655,803 1,979,437 5,124,218 8,052,694 2,544,772 8,150,602 9,158,398 2,399,456 5,485,397 9,230,401 2,201,619 2,818,872 9,696,071 4,381,329 2,872,946 10,252,496 5,138,500 6,155,457 11,135,742 5,736,832 5,564,230 11,870,888 5,682,995 8,155,612 Inter - Governmental Charges Fines and Revenues for Services Forfeitures 13,707,814 $ 3,721,362 $ 2,783,222 $ 13,952,101 5,061,619 3,008,304 14,496,892 4,363,712 2,787,628 15,200,778 4,313,718 2,653,695 17,293,273 4,711,865 2,706,828 17,319,096 3,562,199 1,734,024 20,517,005 3,486,725 2,135,352 25,665,637 4,478,750 3,321,323 34,515,829 6,142,526 4,255,700 37,881,700 6,547,194 4,166,746 Investment Income (Loss) Miscellaneous Total 182,464 $ 336,529 $ 48,813,493 260,077 311,886 53,413,223 347,537 264,948 53,369,264 650,183 514,920 58,828,387 1,627,125 437,552 60,871,487 1,432,822 690,764 56,546,968 75,749 339,400 60,851,432 (921,297) 823,223 72,130,419 3,218,155 4,867,061 94,256,635 5,220,990 3,835,328 104,106,370 City of Aventura, Florida Assessed Value and Estimated Actual Assessed Value of Taxable Property Last Ten Fiscal Years Less: Tax Tax Exempt Fiscal Roll Real Personal Real Year Year Property Property Property 2015 2014 $ 8,734,453,409 $ 198,681,857 $ (538,824,136) $ 2016 2015 9,418,840,654 208,455,823 (532,334,375) 2017 2016 10,256,329,248 216,738,181 (571,373,185) 2018 2017 10,450,567,929 223,735,802 (575,305,868) 2019 2018 10,669,786,837 251,121,004 (555,067,665) 2020 2019 11,012,770,618 286,759,608 (559,343,594) 2021 2020 10,835,195,692 309,145,157 (594,123,975) 2022 2021 10,775,110,254 301,043,151 (624,796,747) 2023 2022 11,687,926,721 325,924,234 (645,459,416) 2024 2023 12,820,523,428 368,001,457 (682,489,643) Note: (1) Florida Law requires that all property be assessed at current fair market value. 051 Assessed Total Total Estimated Value as a Taxable Direct Actual Percentage Assessed Tax Taxable of Actual Value Rate Value (1) Value 8,394,311,130 1.7261 $ 10,144,322,013 $ 82.749% 9,094,962,102 1.7261 11,145,485,996 81.602% 9,901,694,244 1.7261 12,029,604,133 82.311% 10,098,997,863 1.7261 11,839,266,628 85.301% 10,365, 840,176 1.7261 11, 891, 380, 991 87.171 10,740,186,632 1.7261 12,261,439,432 87.593% 10,550,216,874 1.7261 11,824,717,397 89.222% 10,451,356,658 1.7261 11,644,779,674 89.751% 11,368,391,539 1.7261 13,439,540,815 84.589% 12,506,035,242 1.7261 16,511,998,267 75.739% City of Aventura, Florida Property Tax Rates Direct and Overlapping Governments (Per $ 1,000 of Taxable Value) Last Ten Fiscal Years Overlapping Rates City of Aventura School District Regional Miami -Dade County Other South Total Florida Florida Direct Tax Debt Total Debt Total Water Inland Total Debt Fire Total and Fiscal Roll Operating Service City Operating Service School Management Everglades Okeechobee Navigational Regional Operating Service and Fire County Children's Overlapping Year Year Millage Millage Millage Millage Millage Mileage Mileage Project Basin District Millage Millage Millage Rescue Debt Library Millage Trust Rates 2015 2014 1.7261 0.0000 1.7261 7.7750 0.1990 7.9740 0.1577 0.0548 0.1717 0.0345 0.4187 4.6669 0.4500 2.4207 0.0114 0.2840 7.8330 0.5000 18.4518 2016 2015 1.7261 0.0000 1.7261 7.4130 0.1990 7.6120 0.1459 0.0506 0.1586 0.0320 0.3871 4.6669 0.4500 2.4207 0.0086 0.2840 7.8302 0.5000 18.0554 2017 2016 1.7261 0.0000 1.7261 7.1380 0.1840 7.3220 0.1359 0.0471 0.1477 0.0320 0.3627 4.6669 0.4000 2.4207 0.0075 0.2840 7.7791 0.5000 17.6899 2018 2017 1.7261 0.0000 1.7261 6.7740 0.2200 6.9940 0.1275 0.0441 0.1384 0.0320 0.3420 4.6669 0.4000 2.4207 0.0075 0.2840 7.7791 0.4673 17.3085 2019 2018 1.7261 0.0000 1.7261 6.5040 0.2290 6.7330 0.1209 0.0417 0.1310 0.0320 0.3256 4.6669 0.4644 2.4207 0.0000 0.2840 7.8360 0.4415 17.0622 2020 2019 1.7261 0.0000 1.7261 7.0250 0.1230 7.1480 0.1152 0.0397 0.1246 0.0320 0.3115 4.6669 0.4780 2.4207 0.0000 0.2840 7.8496 0.4680 17.5032 2021 2020 1.7261 0.0000 1.7261 6.9360 0.1930 7.1290 0.1103 0.0380 0.1192 0.0320 0.2995 4.6669 0.4780 2.4207 0.0000 0.2840 7.8496 0.4507 17.4549 2022 2021 1.7261 0.0000 1.7261 6.8290 0.1800 7.0090 0.1061 0.0365 0.1146 0.0320 0.2892 4.6669 0.5075 2.4207 0.0000 0.2840 7.8791 0.5000 17.4034 2023 2022 1.7261 0.0000 1.7261 6.4240 0.1650 6.5890 0.0948 0.0327 0.1026 0.0320 0.2621 4.6202 0.4853 2.3965 0.0000 0.2812 7.7832 0.5000 16.8604 2024 2023 1.7261 0.0000 1.7261 6.5660 0.1330 6.6990 0.0948 0.0327 0.1026 0.0288 0.2589 4.5740 0.4355 2.3965 0.0000 0.2812 7.6872 0.5000 16.8712 Source: Miami -Dade County Appraiser's Office. 92 City of Aventura, Florida Principal Property Taxpayers Current Year and Nine Years Ago Fiscal Year 2023 2015 Percentage Percentage Total Total Taxable Taxable Taxable Taxable Assessed Assessed Assessed Assessed Taxpayer Type of Use Value Rank Value Value Rank Value Aventura Mall Ventures Shopping Center $ $ 768,487,655 1 6.14% $ 455,462,319 1 5.43% Miami Beach Health Care Group, Ltd. Hospital & Health Care Facility 184,403,467 2 1.47% 128,763,633 2 1.53% Turnberry Isle Resort, LP Golf Course, Hotel & Marina 154,060,233 3 1.23% 71,993,867 3 0.86% Aventura Opportunity Owner LLC Offices & retail 94,974,740 4 0.76% - - - Florida Power & Light Co. Electrical Utility Company 89,576,020 5 0.72% 46,128,320 6 0.55% Promventure Limited Partnership Shopping Center 76,719,094 6 0.61% 39,895,836 10 0.48% 1 OX Centre LLC Office Building 71,612,429 7 0.57% - - 0.00% Summit Properties Partnership, LP Rental Apartment Complex 67,760,000 8 0.54% 48,630,000 5 0.58% SCG Atlas Aventura LLC Multi -Family Residences 61,279,240 9 0.49% - - - Equity one Florida Portfolio LLC Office Building 51,363,081 10 0.41% - - - CC-Aventura Inc. Independent/Assisted Living Facility - - - 70,700,000 4 0.84% Bruce Strohm and D. Neithercut TRS Rental Apartment Complex - - - 40,160,000 9 0.48% NNN Aventura Harbour Centre, LLC Mixed Use Zones & Offices LivingFacility - - - 40,400,000 8 0.48% OTP Capital LLC Office Building - - - 40,414,000 7 0.48% Totals $ 1,620,235,959 12.96% $ 982,547,975 11.70% Source: Miami -Dade County - Office of the Property Appraiser. 93 City of Aventura, Florida Property Tax Levies and Collections Last Ten Fiscal Years Percentage Percentage of Current of Total (1) Tax (2) Tax Tax Property Property Net Current Collections Delinquent Total Collection Fiscal Roll Tax Tax Tax Tax to Net Tax Tax to Property Year Year Levy Discount Levy Collection Tax Levy Collection Collection Tax Levy 2015 2014 14,489,420 579,577 13,909,843 13,572,764 97.58% 404,866 13,977,630 96.47% 2016 2015 15,698,814 627,953 15,070,861 14,932,036 99.08% 76,838 15,008,874 95.61% 2017 2016 17,091,314 683,653 16,407,661 15,905,409 96.94% 443,680 16,349,089 95.66% 2018 2017 17,431,880 697,275 16,734,605 16,211,763 96.88% 535,262 16,747,025 96.07% 2019 2018 17,892,477 715,699 17,176,778 16,413,368 95.56% 638,225 17,051,593 95.30% 2020 2019 18,538,636 741,545 17,797,091 16,771,344 94.24% 785,827 17,557,171 94.71% 2021 2020 18,210,729 728,429 17,482,300 16,827,280 96.25% 519,575 17,346,855 95.26% 2022 2021 18,040,087 721,603 17,318,484 16,771,383 96.84% 444,947 17,216,330 95.43% 2023 2021 19,622,981 784,919 18,838,062 18,319,511 97.25% 500,236 18,819,747 95.91% 2024 2023 21,586,667 863,467 20,723,200 20,139,813 97.18% 500,236 20,640,049 95.61% Source: Miami -Dade County, Florida, Tax Collector. Notes: (1) Florida Law allows up to a 4% discount for timely payment of property taxes. (2) Includes corrections and penalties. E City of Aventura, Florida Ratios of Outstanding Debt by Type Last Ten Fiscal Years Business -Type Governmental Activities Activities General Total Percentage Per Fiscal Obligation Revenue Line of Subscription Outstanding Primary of Personal Capita Year Bonds Bonds Leases Credit Liabilities Bonds Government Income (1) (1) 2015 $ 23,805,000 $ $ $ $ $ 23,805,000 * $ 635.26 2016 22,015,000 22,015,000 * 585.33 2017 20,165,000 20,165,000 * 534.97 2018 25,335,000 25,335,000 * 672.12 2019 23,215,000 23,215,000 * 614.32 2020 20,510,000 20,510,000 * 539.30 2021 18,725,000 18,725,000 * 463.82 2022 16,880,000 16,880,000 * 419.46 2023 14,980,000 344,163 41,874 15,366,037 * 381.79 2024 13,015,000 212,742 16,901 13,244,643 * 331.72 Notes: Details regarding the City's outstanding debt can be found in the notes to the financial statements. (1) See the Schedule of Demographic and Economic Statistics for personal income and population data. * Information not available. 95 City of Aventura, Florida Ratios of General Bonded Debt Outstanding Last Ten Fiscal Years Less: Ratio Amounts of Net Net Available Assessed Bonded Bonded Gross in Debt Net Value of Debt to Debt Fiscal Bonded Service Bonded Taxable Assessed Per Year Debt Funds Debt Property Value Capita (1) 2015 $ 23,805,000 $ 353,377 $ 23,451,623 $ 8,394,311,130 0.28% $ 625.83 2016 22,015,000 380,498 21,634,502 9,094,962,102 0.24% 575.22 2017 20,165,000 408,361 19,756,639 9,901,694,244 0.20% 524.13 2018 25,335,000 478,742 24,856,258 10,098,997,863 0.25% 659.42 2019 23,215,000 536,587 22,678,413 10,365,840,176 0.22% 600.12 2020 20,510,000 258,892 20,251,108 10,740,186,632 0.19% 532.49 2021 18,725,000 297,898 18,427,102 10,550,216,874 0.17% 456.44 2022 16,880,000 335,118 16,544,882 10,451,356,658 0.16% 411.13 2023 14,980,000 376,327 14,603,673 11,368,391,539 0.13% 362.85 2024 13,015,000 376,330 12,638,670 12,506,035,242 0.10% 324.52 Notes: Details regarding the City's outstanding debt can be found in the notes to the financial statements. (1) See the Schedule of Demographic and Economic Statistics for population data. City of Aventura, Florida Direct and Overlapping Governmental Activity Debt September 30, 2024 Jurisdiction Overlapping debt: Miami -Dade Board of County Commissioners (2) Miami -Dade County School Board (2) Subtotal overlapping debt Direct debt: City of Aventura Subtotal direct debt Total direct and overlapping debt Debt Outstanding $ 5,481,755,703 2,932,206,000 8,413,961,703 13,227,742 13,303,102 $ 8,427,264,805 Estimated Percentage Applicable Estimated to City of Share of Aventura Overlapping (1) Debt 2.598% $ 142,435,470 2.598% 76,189,119 218,624,589 100.000% 13,227,742 Notes: (1) The percentage of the overlap is calculated as follows: Overlapping portion of the government's revenue base (City of Aventura) Total revenue base of the overlapping government (Miami -Dade County) Assessed value of taxable property is the base used in the above calculation. 13,227,742 $ 231,852,331 (2) Source: Miami -Dade County & Miami -Dade County Public Schools, Finance Department. 97 City of Aventura, Florida Legal Debt Margin Information Last Ten Fiscal Years Debt limit Total net debt applicable to limit Legal debt margin Total net debt applicable to the limit as a 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $ 839,431,113 $ 909,496,210 $ 990,169,424 $ 1,009,899,786 $ 1,036,584,018 $ 1,074,018,663 $ 1,055,021,687 $ 1,045,135,666 $ 1,072,293,212 $ 1,250,603,524 $ 839,431,113 $ 909,496,210 $ 990,169,424 $ 1,009,899,786 $ 1,036,584,018 $ 1,074,018,663 $ 1,055,021,687 $ 1,045,135,666 $ 1,072,293,212 $ 1,250,603,524 percentage of debt limit 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Legal Debt Margin Calculation for Fiscal Year 2023 Assessed valuation of taxable real and personal property $ 1,250,603,524 Bonded debt limit - 10%above (1) $ 1,250,603,524 Amount of debt applicable to debt limit: Total bonded debt $ 12,638,670 Less: debt to be repaid from specified revenue sources: Covenant to budget and appropriate (14,980,000) Total net debt applicable to limit Legal Debt Margin (1) $ 1,250,603,524 Note: (1) The City Charter allows revenue bonds to be issued when authorized by the City Commission as long as five (5) of the seven (7) Commission members approve the debt. Ad Valorem (general obligation bonds) must be approved by referendum of the electorate. The Charter provides no limit on the amount of the general obligation debt; however, the adopted Capital Improvement Program provides that general obligation bonds shall not exceed 10%of the City's total assessed value. ON City of Aventura, Florida Demographic and Economic Statistics Last Ten Fiscal Years Personal Income Per Capita (Amounts Personal Unemployment Fiscal Population Expressed in Income Rate Year (1) Thousands) (2) (3) 2015 37,473 $ * $ * 5.8% 2016 37,611 * * 5.5% 2017 37,694 * * 4.3% 2018 37,694 * * 3.4% 2019 37,790 * * 2.5% 2020 38,031 * * 7.0% 2021 40,371 * * 5.3% 2022 40,242 2,268,079 56,361 0.9% 2023 40,247 2,291,664 56,940 1.6% 2024 40,104 2,267,119 56,561 2.1% Data sources: (1) Years are as of April 1 of each year per the University of Florida Bureau of Economics & Business Research. (2) Represents income per capita for Miami -Dade County as provided by the U.S. Department of Commerce, Bureau of Economic Analysis. (3) Florida Department of Labor, Bureau of Labor Market Information. * Information not available. City of Aventura, Florida Occupational Employment by Group - Miami -Dade County, Florida Current Year and Nine Years Ago 2024 2015 Percentage Percentage of Total of Total Occupational Groups SOC Code Employees Rank Employment Employees Rank Employment Office and Administrative Support 430000 393,730 1 12.67% 202,270 1 20.40% Sales and Related 410000 306,440 2 9.86% 145,320 2 14.66% Food Preparation and Serving Related 350000 261,940 3 8.43% 100,010 3 10.09% Transportation and Material Moving 530000 239,610 4 7.71% 78,940 4 7.96% Business and Financial Operations 130000 194,910 5 6.27% 56,980 6 5.75% Management 110000 181,240 6 5.83% 36,490 11 3.68% Healthcare Practitioners and Technical 290000 174,870 7 5.63% 65,240 5 6.58% Educational Instruction and Library 250000 116,500 8 3.75% 50,000 7 5.04% Installation, Maintenance, and Repair 490000 112,080 9 3.61% 39,380 9 3.97% Construction and Extraction 470000 103,120 10 3.32% 25,620 15 2.58% Protective Service 330000 94,870 11 3.05% 42,830 8 4.32% Retail Salespersons 412031 90,760 12 2.92% - - Building and Grounds Cleaning and Maintenance 370000 89,640 13 2.88% 35,120 12 3.54% Healthcare Support 310000 85,250 14 2.74% 25,920 14 2.61% Production 510000 77,760 15 2.50% 38,730 10 3.91% Computer and Mathematical 150000 68,660 16 2.21% 17,590 16 1.77% Customer Service Representatives 434051 67,420 17 2.17% - General and Operations Managers 111021 62,290 18 2.00% Registered Nurses 291141 56,660 19 1.82% Office Clerks, General 439061 56,200 20 1.81% Cashiers 412011 56,110 21 1.81% - - Personal Care and Service 390000 55,830 22 1.80% 31,010 13 3.13% Stockers and Order Fillers 537065 54,820 23 1.76% - - 353031 54,080 24 1.74% Fa Waiters and Waitresses 353023 52,550 25 1.69% - - 3,107,340 100.00% 991,450 100.00% Total Source: Represents Metropolitan and Nonmetropolitan Area Occupational Employment for the entire Miami, Fort Lauderdale, West Palm Beach, Florida Metropolitan Division as provided by the U.S. Department of Labor, Bureau of Labor Statistics as of May 2022. Estimates do not include self-employed workers. 100 City of Aventura, Florida Full -Time Equivalent City Government Employees by Function Last Ten Fiscal Years Function: General government Public safety: Sworn Civilians Community services Public works/transportation (1) Community development Total 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 22 22 22 22 21 21 23 24 23 26 83 83 82 85 89 88 92 92 85 93 38 39 39 36 37 37 32 36 37 37 14 14 10 8 16 17 15 18 18 18 - - 6 7 7 7 8 8 8 10 8 8 8 8 6 6 7 6 7 7 165 166 167 166 176 176 177 184 178 191 Source: Various City departments. (1) Prior to October 1, 2016 this function was previously combined with Community services. 101 City of Aventura, Florida Operating Indicators by Function Last Ten Fiscal Years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Function: Public safety: Part 1 Crimes reported* 2,273 2,126 2,091 2,334 2,082 1,638 1,560 1,759 1,827 1,841 Arrests 1,705 1,560 1,232 1,326 1,209 969 991 906 979 965 Traffic citations 15,911 19,596 13,343 10,277 8,976 3,939 4,212 6,796 6,832 5,722 Parking citations issued 1,295 618 889 795 1,174 424 817 1,297 1,620 970 Calls for service 16,816 15,688 15,248 17,934 16,515 15,730 17,653 19,964 18,968 20,792 Accidents 2,144 2,071 2,162 2,042 1,923 1,414 1,709 1,871 1,775 1,704 Community development: Building permits issued 5,352 4,959 4,560 6,330 5,063 3,273 3,954 5,302 4,693 4,963 Building inspections conducted 12,538 12,055 11,257 14,236 15,803 10,232 11,282 17,673 23,085 18,645 Code notice of violations issued 146 109 150 119 76 121 153 253 233 243 City business tax receipts issued 2,504 2,625 2,438 2,704 819 579 1,933 2,092 2,491 3,073 Community services: Recreation center memberships 1,100 1,132 1,093 1,021 984 795 814 1,324 1,161 1,462 Special event attendance 32,648 35,895 39,587 36,376 35,215 15,962 88,852 39,367 40,307 43,373 Shuttle bus ridership 270,082 274,223 274,532 300,858 300,123 157,060 148,456 139,790 93,172 115,249 On -Demand Transportation N/A N/A N/A N/A N/A N/A N/A 62,925 111,964 111,175 Charter school enrollment: Aventura City Excellence School (K-8) 1,020 1,020 1,020 1,020 1,020 1,020 1,032 1032 1,032 1,032 Don Soffer Aventura High School(1) - - - - 200 415 620 620 800 800 Source: Various City departments. * Part 1 crimes include: homicide, sex offenses, robbery, aggravated assault, burglary, larceny, arson and auto theft. (1) Information is not applicable as the Don Soffer Aventura High School opened in August 2019. N/A: Information not available. Key) City of Aventura, Florida Capital Asset Statistics by Function Last Ten Fiscal Years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Function: Police Stations 1 1 1 1 1 1 1 1 1 1 Fire stations (1) 2 2 2 2 2 2 2 2 2 2 Parks and recreation: Public recreation areas 6 6 7 7 7 7 7 7 7 7 Public recreation acreage 30.50 30.50 32.00 32.00 32.00 32.00 32.00 32.00 32.00 32.00 Baseball/softball diamonds 2 2 2 2 2 2 2 2 2 2 Soccer/football fields 3 3 3 3 3 3 3 3 3 3 Tennis courts 3 3 3 3 3 3 3 3 3 5 Pickelball courts 0 0 0 0 0 0 0 0 0 5 Community recreation centers 1 1 1 1 1 1 1 1 1 1 Arts and Cultural Center 1 1 1 1 1 1 1 1 1 1 Libraries (1) 1 1 1 1 1 1 1 1 1 1 Public works: Street lights 800 824 937 937 937 937 937 937 937 937 Miles of roads 13.80 13.80 13.80 13.80 14.00 14.00 14.00 14.00 14.00 14.00 Charter schools: Aventura City Excellence School (K-8) 1 1 Don Soffer Aventura High School N/A N/A Transit routes/minibuses (2) Permanent 5 5 Seasonal - 1 On -Demand Transportation N/A N/A Notes: (1) Owned and operated by Miami -Dade County, Florida. (2) Operated under contractual agreement. N/A: Information not available. 1 1 1 1 1 1 1 1 N/A N/A 1 1 1 1 1 1 6 6 6 6 6 6 3 3 N/A N/A N/A N/A N/A 2 8 8 well COMPLIANCE SECTION J CITRINCOOPERMAW Citrin Cooperman & Company, LLP Certified Public Accountants 6550 N Federal Hwy, 4th Floor Fort Lauderdale, FL 33308 T : 954.771.0896 F 954.938.9353 citrincooperman.com Independent Auditor's Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards To The Honorable Mayor, City Commission City of Aventura, Florida We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business -type activities, each major fund and the aggregate remaining fund information of the City of Aventura, Florida (the "City"), as of and for the year ended September 30, 2024, and the related notes to the financial statements, which collectively comprise the City's basic financial statements, and have issued our report thereon dated May 21, 2025 Our report includes a reference to other auditors who audited the financial statements of the City of Aventura Police Officers' Retirement Pension Trust Fund, as described in our report on the City's financial statements. This report does not include the results of the other auditor's testing of internal control over financial reporting or compliance and other matters that are reported separately by those auditors. Report on Internal Control Over Financial Reporting In planning and performing our audit of the financial statements, we considered the City's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control. Accordingly, we do not express an opinion on the effectiveness of the City's internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements, on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that were not identified. "Citrin Cooperman" is the brand under which Crum Cooperman & Company, LAY, a licensed independent (:PA tima, and Cann Cooperman Advisors LLC serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors 1d.0 are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNI,). All the firms associated with MNA are independently owned and managed entities. 'their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. 104 Citrin Cooperman & Company, LLP COOPERMANc Report on Compliance and Other Matters As part of obtaining reasonable assurance about whether the City's financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of This Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City's internal control and compliance. Accordingly, this communication is not suitable for any other purpose. Fort Lauderdale, Florida May 21, 2025 "Citrin Cooperman" is the brand under which Crum Cooperman & Company, LAY, a licensed independent CPA turn, and Citrin Cooperman Advisors LLC serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors Id.0 are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNI,). All the frets associated with MNA are independently owned and managed entities. 'their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. 105 J Citrin Cooperman & Company, LLP Certified Public Accountants CITRINCOOPERMAN" 6550 N Federal Hwy, 4th Floor Fort Lauderdale, FL 33308 T : 954.771.0896 F 954.938.9353 citrincooperman.com INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE FOR EACH MAJOR FEDERAL PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE REQUIRED BY THE UNIFORM GUIDANCE To the Honorable Mayor and Members of the City Commission City of Aventura, Florida Report on Compliance for Each Major Federal Program Opinion on Each Major Federal Program We have audited the City of Aventura, Florida's, compliance with the types of compliance requirements identified as subject to audit in the OMB Compliance Supplement that could have a direct and material effect on each of the City of Aventura, Florida's, major federal programs for the year ended September 30, 2024. The City of Aventura, Florida's, major federal programs are identified in the summary of auditor's results section of the accompanying schedule of findings and questioned costs. In our opinion, the City of Aventura, Florida, complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major federal programs for the year ended September 30, 2024. Basis for Opinion on Each Major Federal Program We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Our responsibilities under those standards, the Uniform Guidance, are further described in the Auditor's Responsibilities for the Audit of Compliance section of our report. We are required to be independent of the City of Aventura, Florida, and to meet our other ethical responsibilities, in accordance with relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on compliance for each major federal program. Our audit does not provide a legal determination of the City of Aventura, Florida's, compliance with the compliance requirements referred to above. Responsibilities of Management for Compliance Management is responsible for compliance with the requirements referred to above and for the design, implementation, and maintenance of effective internal control over compliance with the requirements of laws, statutes, regulations, rules, and provisions of contracts or grant agreements applicable to City of Aventura, Florida's, federal programs. "Cann Cooperman" is the brand under which Curet Cooperman & Company, LAT, a licensed independent (:PA tirru, and Ctrnn Cooperman Advisors LLC serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors Id.0 are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNl,). All the frets associated with MNA are independently owned and managed entities. 'their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. 106 Citrin Cooperman & Company, LLP COOPERMANc Auditor's Responsibilities for the Audit of Compliance Our objectives are to obtain reasonable assurance about whether material noncompliance with the compliance requirements referred to above occurred, whether due to fraud or error, and express an opinion on the City of Aventura, Florida's, compliance based on our audit. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with generally accepted auditing standards, Government Auditing Standards, the Uniform Guidance, will always detect material noncompliance when it exists. The risk of not detecting material noncompliance resulting from fraud is higher than for that resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Noncompliance with the compliance requirements referred to above is considered material if there is a substantial likelihood that, individually or in the aggregate, it would influence the judgment made by a reasonable user of the report on compliance about the City of Aventura, Florida's, compliance with the requirements of each major federal program as a whole. In performing an audit in accordance with generally accepted auditing standards, Government Auditing Standards, the Uniform Guidance, we: • Exercise professional judgment and maintain professional skepticism throughout the audit. Identify and assess the risks of material noncompliance, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the City of Aventura's, Florida, compliance with the compliance requirements referred to above and performing such other procedures as we considered necessary in the circumstances. Obtain an understanding of the City of Aventura, Florida's, internal control over compliance relevant to the audit in order to design audit procedures that are appropriate in the circumstances and to test and report on internal control over compliance in accordance with the Uniform Guidance, but not for the purpose of expressing an opinion on the effectiveness of the City of Aventura, Florida's internal control over compliance. Accordingly, no such opinion is expressed. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and any significant deficiencies and material weaknesses in internal control over compliance that we identified during the audit. "Citrin Cooperman" is the brand under which Crum Cooperman & Company, LAY, a licensed independent (:PA turn, and Citrin Cooperman Advisors LLC serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors Id.0 are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNL). All the frets associated with MNA are independently owned and managed entities. 'their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. 107 Citrin Cooperman & Company, LLP COOPERMANc Report on Internal Control over Compliance A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. Our consideration of internal control over compliance was for the limited purpose described in the Auditor's Responsibilities for the Audit of Compliance section above and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies in internal control over compliance. Given these limitations, during our audit we did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses, as defined above. However, material weaknesses or significant deficiencies in internal control over compliance may exist that were not identified. Our audit was not designed for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, no such opinion is expressed. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of the Uniform Guidance. Accordingly, this report is not suitable for any other purpose. Fort Lauderdale, Florida U May 21, 2025 "Citrin Cooperman" is the brand under which Crum Cooperman & Company, LAY, a licensed independent (:PA turn, and Citrin Cooperman Advisors LLC serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors Id.0 are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNl,). All the frets associated with MNA are independently owned and managed entities. 'their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. City of Aventura, Florida Schedule of Expenditures of Federal Awards For the Year Ended September 30, 2024 Assistance Pass -Through Transfers to Federal Agency/Pass-Through Grantor/Program Title Listing Identifying Number Expenditures Subrecipients United States Department of Justice Direct Program Bulletproof Vest Partnership Program 16.607 $ 2,486 $ - Homeless Initiative 16.738 6,053 - Equitable Sharing Program 16.922 77,630 - Total United States Department of Justice 86,169 - U.S. Department of Treasury Passed Through Florida Division of Emergency Management COVID-19 - Coronavirus State and Local Fiscal Recovery Funds 21.027 Y5012 5,722,101 - U.S. Department of Education Passed Through Florida Department of Education COVID-19 - Elementary and Secondary School Emergency Relief Fund 84.425D 22A175 4,932,582 - United States Department of Homeland Security Passed Through Florida Division of Emergency Management Disaster Grants - Public Assistance (Presidentially Declared Disasters) 97.036 Z2155 5,919 - United States Department of Agriculture Passed Through Florida Department of Education Child Nutrition Cluster National School Lunch Program 10.555 Unknown 242,994 - Total Expenditures of Federal Awards $ 10,989,765 $ - See notes to schedule of expenditures of federal awards. 109 City of Aventura, Florida Notes to Schedule of Expenditures of Federal Awards September 30, 2024 Note 1- Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal grant activity of the City of Aventura, Florida (the "City"). The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the City, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City. Note 2 - Summary of Significant Accounting Policies Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, as well as other applicable provisions of contracts and grant agreements, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Note 3 - Indirect Cost Rate The City elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. 110 City of Aventura, Florida Schedule of Findings and Questioned Costs For the Year Ended September 30, 2024 SECTION I - SUMMARY OF AUDITOR'S RESULTS Financial Statements Type of auditor's report issued: Unmodified Opinion Internal control over financial reporting: Material weakness(es) identified? yes X no Significant deficiency(ies) identified? yes X none reported Noncompliance material to financial statements noted? yes X no Federal Awards Internal control over major federal programs: Material weakness(es) identified? yes X no Significant deficiency(ies) identified? yes X none reported Type of auditor's report issued on compliance for major federal programs: Unmodified Opinion Any audit findings disclosed that are required to be reported in accordance with 2 CFR 200.516(a)? yes X no Identification of major federal program: CFDA No. Federal Program or Cluster 21.027 U.S. Department of the Treasury COVID-19 Coronavirus State and Local Fiscal Recovery Funds 84.425D U.S. Department of Education COVID-19 - Elementary and Secondary School Emergency Relief Funds (ESSER II & III) Dollar threshold used to distinguish between Type A and Type B programs: $ 750,000 Auditee qualified as low -risk auditee? X yes no SECTION II - FINANCIAL STATEMENT FINDINGS None Reported. SECTION III - FEDERAL AWARDS FINDINGS AND QUESTIONED COSTS None Reported. 111 J CITRINCOOPERMAW Citrin Cooperman & Company, LLP Certified Public Accountants 6550 N Federal Hwy, 4th Floor Fort Lauderdale, FL 33308 T : 954.771.0896 F 954.938.9353 citrincooperman.com MANAGEMENT LETTER IN ACCORDANCE WITH THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA To the Honorable Mayor and Members of City Commission City of Aventura, Florida Report on the Financial Statements We have audited the accompanying financial statements of the governmental activities, the business - type activities, each major fund, and the aggregate remaining fund information of the City of Aventura, Florida, (the "City"), as of and for the year ended September 30, 2024, and have issued our report thereon dated May 21, 2025. We did not audit the financial statements of the City of Aventura Police Officers' Retirement Pension Trust Fund. Those financial statements were audited by other auditors whose reports thereon have been furnished to us, and our opinion, insofar as it relates to the amounts included for the City of Aventura Police Officers' Retirement Pension Trust Fund is based on the reports of the other auditors. Auditor's Responsibility We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance). Other Reporting Requirements We have issued our Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; Independent Auditor's Report on Compliance for Each Major Federal Program and Report on Internal Control over Compliance; Schedule of Findings and Questioned Costs; and Independent Accountant's Report on an examination conducted in accordance with AICPA Professional Standards. Disclosures in those reports and schedule, which are dated May 21, 2025, should be considered in conjunction with this management letter. Prior Audit Findings Section 10.554(1)(i)1., Rules of the Auditor General, requires that we determine whether or not corrective actions have been taken to address findings and recommendations made in the preceding financial audit report. There were no findings and recommendations made in the preceding annual financial audit report. "Citrin Cooperman" is the brand under which Crum Cooperman & Company, LAY, a licensed independent (:PA turn, and Cann Cooperman Advisors LLC serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors Id.0 are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNl,). All the frets associated with MNA are independently owned and managed entities. 'their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. 112 J CITRINCOORERMAN" Citrin Cooperman & Company, LLP Official Title and Legal Authority Section 10.554(1)(i)4., Rules of the Auditor General, requires that the name or official title and legal authority for the primary government and each component unit of the reporting entity be disclosed in this management letter, unless disclosed in the notes to the financial statements. This information is disclosed in the notes to the financial statements, Note 1. Financial Condition and Management Sections 10.554(1)(i)5.a. and 10.556(7), Rules of the Auditor General, require us to apply appropriate procedures and communicate the results of our determination as to whether or not the City met one or more of the conditions described in Section 218.503(1), Florida Statutes, and to identify the specific conditions) met. In connection with our audit, we determined that the City did not meet any of the conditions described in Section 218.503(1), Florida Statutes. Pursuant to Sections 10.554(1)(i)5.b. and 10.556(8), Rules of the Auditor General, we applied financial condition assessment procedures for the City. It is management's responsibility to monitor the City's financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by the same. Section 10.554(1)(i)2., Rules of the Auditor General, requires that we communicate any recommendations to improve financial management. This report does not include any matters that were reported on by other auditors as identified above. In connection with our audit, we did not have any such recommendations. Property Assessed Clean Energy (PACE) Programs As required by Section 10.554(1)(i)6.a., Rules of the Auditor General, the City is required to include a statement as to whether a PACE program authorized pursuant to Section 163.081 or Section 163.082, Florida Statutes, did operate within the City's geographical boundaries during the fiscal year under audit. As required by Section 10.554(1)(i)6.b., Rules of the Auditor General, if a PACE program was operating within the geographical areas of the City, a list of all program administrators and third -party administrators that administered the program. A list of program and third -party administrators can be found here: • httos://www.miamidade.gov/global/economv/resilience/energy.page As required by Section 10.554(1)(i)6.c., Rules of the Auditor General, if a PACE program was operating within the geographical areas of the City, the full names and contact information of each such program administrator and third - party administrator. The full names and contact information for such program and third -party administrators can be found here: • httos://floridapace.gov/contractor-list/ Additional Matters Section 10.554(1)(i)3., Rules of the Auditor General, requires us to communicate noncompliance with provisions of contracts or grant agreements, fraud waster, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but warrants the attention of those charged with governance. In connection with our audit, we did not note any such findings. "Citrin Cooperman" is the brand under which Crtnn Cooperman & Company, LAY, a licensed independent (:PA tirru, and Cann Cooperman Advisors LLC serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors Id.0 are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNI,). All the firms associated with MNA are independently owned and managed entities. 'their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. 113 J CITRINCOORERMAW Citrin Cooperman & Company, LLP Purpose of this Letter Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal, State, and other granting agencies, Members of the City Commission, and applicable management, and is not intended to be and should not be used by anyone other than these specified parties. Fort Lauderdale, Florida May 21, 2025 "Citrin Cooperman" is the brand under which Crum Cooperman & Company, LAY, a licensed independent CPA turn, and Citrin Cooperman Advisors LLC serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors Id.0 are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNI,). All the frets associated with MNA are independently owned and managed entities. 'their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. 114 J COOPERMAW Citrin Cooperman & Company, LLP Certified Public Accountants 6550 N Federal Hwy, 4th Floor Fort Lauderdale, FL 33308 T : 954.771.0896 F 954.938.9353 citrincooperman.com INDEPENDENT ACCOUNTANT'S REPORT ON COMPLIANCE WITH SECTION 218.415 FLORIDA STATUTES To The Honorable Mayor and Members of City Commission City of Aventura, Florida We have examined the City of Aventura, Florida's (the "City") compliance with the requirements of Section 218.415, Florida Statutes, Local Government Investment Policies (the "specified requirements"), during the year ended September 30, 2024. Management is responsible for the City's compliance with the specified requirements. Our responsibility is to express an opinion on the City's compliance with the specified requirements based on our examination. Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the City complied, in all material respects, with the specified requirements referenced above. An examination involves performing procedures to obtain evidence about whether the City complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. We are required to be independent of the City and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the examination engagement. Our examination does not provide a legal determination on the City's compliance with the specified requirements. In our opinion, the City complied, in all material respects, with the specified requirements for the year ended September 30, 2024. This report is intended solely for the information and use of the City Commission, management, and the State of Florida Auditor General and is not intended to be and should not be used by anyone other than these specified parties. Fort Lauderdale, Florida May 21, 2025 "Citrin Cooperman" is the brand under which Crum Cooperman & Company, LAY, a licensed independent (:PA turn, and Cann Cooperman Advisors LLC serve clients' business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors Id.0 are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNl,). All the frets associated with MNA are independently owned and managed entities. 'their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. 115 o� X* " f9-9 Oor FL(OW. 0 0., 7.95 19200 West Country Club Drive Aventura, Florida 33180 Phone: 305-466-8920 Fax: 305-466-8939 cityofaventura.com CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Bryan Pegues, City Manager BY: Keven Klopp, Community Development Director /�W DATE: May 2, 2025 SUBJECT: Application to Amend the Land Development Regulations of the City of Aventura Section 31-145(e) to Allow Density of Up to 70 Dwelling Units per Acre Subject to Conditional Use Approval upon Providing HERO Housing City Case File LDR2504-0001 May 6, 2025 Local Planning Agency Meeting Agenda May 6, 2025 City Commission Meeting Agenda June 3, 2025 City Commission Meeting Agenda RECOMMENDATION It is recommended that the City Commission approve an amendment to Section 31- 145(e)(1) and Section 31-145(e)(4)p of the City of Aventura Land Development Regulations (the "LDRs") to allow residential densities up to 70 dwelling units per acre subject to conditional use approval for projects that commit units to the City's HERO Housing program. THE REQUEST The applicant, Michael J. Marrero c/o Bercow Radell Fernandez Larkin & Tapanes, on behalf of Aventura Property Owner LLC, is requesting an amendment to the Town Center Office Park Mixed Use District (TC4) zoning regulations to allow multifamily residential densities of up to 70 units per acre subject to conditional use approval and conditioned to the provision of residential units as HERO Housing. The applicant's Letter of Intent is attached as Exhibit #1. BACKGROUND The applicant is proposing a mixed -use development on property located on the east side of Biscayne Boulevard, bounded by NE 207 Street on the south, NE 209 Street on the north and NE 30 Avenue on the east, and legally described in Exhibit "A" included as part of Exhibit "1" (the "Property"). The development will feature new retail, residential and outdoor public amenities. The proposal includes 675 residential units distributed across three towers, two of which will be connected at the top five levels, on the western side of the site facing Biscayne Boulevard. Additionally, the development will incorporate 39,000 square feet of retail space. The project will retain the two existing buildings in the middle of the Property and the existing Morgan Stanley building on the east side of the Property. The applicant seeks to retain and activate the water feature on the south of the property between the southernmost parking structure and the southernmost office building. A rendering of the development is attached as Exhibit #2. A mixed used project of similar characteristics was previously approved on this property; this project featured two towers, additional office and retail areas and densities up to 50 units per acre. The new proposal will require densities of 70 dwelling units per acre; through this application the LDRs would be amended to allow those higher densities. The proposed LDR language will permit the requested increase in number of dwelling units on the condition that the project provides residential units as HERO Housing, pursuant to the City's HERO Housing Program Guidelines as defined in Section 31-21. If the proposed amendment to the Land Development Regulations is approved, the next step in the development process will entail the review of the proposed site plan and a subsequent application for Conditional Use approval to be presented to the City Commission at a public hearing. THE PROPOSED AMENDMENT The proposed amendment to Section 31-145 of the Land development Regulations as follows': Sec. 31-145. Town Center Zoning Districts. (e) Town Center Office Park Mixed Use (TC4) District). The following regulations shall apply in the TC4 District: (1) Purpose. This district is intended to provide suitable sites for the development of structures and sites combining residential and commercial uses in a well -planned and compatible manner, emphasizing office uses with direct access to Biscayne Boulevard. Any approved site plan in this district shall provide a significant amount of office space as part of its commercial uses. Residential densities shall not exceed -9 70 dwelling units per gross acre and non-residential intensity shall not exceed a floor area ratio of 2.0. (4) Conditional uses permitted. The following uses may be established if first approved as a conditional use: 1 Underlined text indicates insertions. Stricken -through text indicates deletions. o. Residential uses that exceed 25 dwelling units per acre, but no to exceed 50 units per acre. q. For projects that provide residential units as HERO Housing, increased density above 25 units per acre up to W 70 units per acre. ANALYSIS The request was reviewed by staff under the Section 31-77(g) Standards for reviewing proposed amendments to the text of the LDR of the City Code of Ordinances- (1) The proposed amendment is legally required. The proposed amendment is legally required to implement the requested revision to the Land Development Regulations (LDRs). (2) The proposed amendment is consistent with the goals and objectives of the Comprehensive Plan. The proposed amendment is consistent with the goals and objectives of the Comprehensive Plan which allows densities up to 70 units per acre on zoning districts within the Town Center land use category. (3) The proposed amendment is consistent with the authority and purpose of the LDR. The proposed amendment is consistent with the authority and purpose of the Land Development Regulations. The purpose of the LDRs is to implement further the Comprehensive Plan of the City by establishing regulations, procedures and standards for review and approval of all development and uses in the City. (4) The proposed amendment furthers the orderly development of the City. The proposed amendment furthers the orderly development of the City as per details provided on Paragraph 3 above. (5) The proposed amendment improves the administration or execution of the development process. The proposed amendment improves the administration or execution of the development process as it provides a process and regulations to implement for approvals of developments in the Town Center Zoning Districts. 3 EXHIBIT "1" BERCOW RAQELL FERNANDEZ LARKIN + TAPANES •�ONW,. LAND 115E MA EHwarxw+earu LAw April 18, 2025 VIA ELECTRONIC MAIL 200 S. Biscayne Boulevard Mr. Keven Klopp Suite 300, Miami, FL 33131 Community Development Director City of Aventura www.brzoninglaw.com 19200 West Country Club Drive, 4th Floor Aventura, Florida 33180 305.377.6238 office 305.377.6222fax Re: Letter of Intent — Amendment to Text of Land Development mmarrero@brzoninglaw.com Regulations and Modification to Previous Conditional Use Approval for Property located at 20801 — 20807 Biscayne Boulevard Dear Mr. Klopp: This law firm represents Aventura Property Owner, LLC (the "Applicant"), with regard to applications to amend the text of the Land Development Regulations ("LDRs") of the City of Aventura (the "City") Code of Ordinances (the "Code") and a modification to a previous conditional use approval for the properties located at 20801 and 20803 Biscayne Boulevard ("Western Parcel") and 20807 Biscayne Boulevard ("Northeast Parcel"), as well as 20805 Biscayne Blvd (the "Hotel Parcel") (collectively referred to as the "Property") located within the municipal boundaries of the City. Property Description. The Property is located on the east side of Biscayne Boulevard, bounded by NE 207 Street on the south, NE 209 Street on the north, and NE 30 Avenue on the east. The Miami -Dade County Property Appraiser has assigned three folio numbers to the Property. The Western Parcel is further identified by folio no. 28-1234-079-0010, the Northeast Parcel is further identified by folio no. 28-1234-079-0020, and the Hotel Parcel is further identified by folio no. 28-1234-079-0025. The Applicant's holdings consist of the Western Parcel and Northeast Parcel. The Hotel Parcel is not a part of the Applicant's holdings but is a part of the Property and application area. The Hotel Parcel is legally bound to the remainder of the Property through a Covenant in Lieu of Unity of Title. The Hotel Parcel currently contains a 233- unit, 191,674 square foot AC Hotel. Finally, the Property forms a Mr. Keven Klopp Community Development Director Page 2 portion of a single platted lot, as recorded in Plat Book 158, Page 47 of the Public Records of Miami -Dade County, Florida. Previous Approvals. Between 2021 and 2022, the Property received various approvals, including an amendment to the Future Land Use Map ("FLUM") of the City's Comprehensive Plan changing the Property's FLUM designation, an amendment to the City's Zoning Map rezoning the Property, Conditional Use Approval, and Administrative Site Plan Approval in connection with a new development at the Property (the "Approved Project"). In 2023, through Resolution No. 2023-44, the Approved Project was modified through a subsequent Conditional Use Approval and additional Administrative Site Plan Approval. On May 3, 2024, this approval was extended through a notification letter of statutory tolling and extension, extending the validity of this approval until June 11, 2030. This Letter requests in part the modification of this Conditional Use Approval. See Exhibit A, Resolution No. 2023-44. For the avoidance of doubt, the current, extended expiration date of the Conditional Use Approval (i.e., June 11, 2030) will apply to, and be operative for, the amendment to the Conditional Use Approval requested hereby. Facilitated by these approvals, the Approved Project consists of a mixed -use project with a focus on office uses, as well as retail, residential, and community uses including outdoor walkable areas, consisting of 495 multifamily residential units on the western portion of the site located in two new buildings connected by a bridge. The Approved Project includes 100,338 square feet of office space and 38,617 gross square feet of retail. The Approved Project retains the two (2) existing office buildings in the middle of the Property and the office building on the east side of the Property. The Approved Project retains and activates the water feature on the south of the Property between the southernmost parking structure and the southernmost office building, including a bridge, outdoor vending for restaurants and retail uses, as well as the ability for special events and entertainment. The Approved Project consists of two (2) towers, twenty- four (24) stories (260 feet) and nineteen (19) stories (210 feet) in height. The Project. The Applicant now seeks the approval of these applications in connection a reimagined project that preserves the ethos of the Approved Project while elevating the design and final product substantially (the "Project"). The Project is intentionally designed with the goal of establishing a local landmark for the surrounding areas and travelers far and wide, enhancing the existing community, and establishing a new community for relationships and memories to flourish. Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I MMarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 3 Specifically, the Project proposes a mixed -use development consisting of 675 multifamily units located in three (3) residential towers 311 feet and twenty-nine (29) stories in height. The towers are connected by a collective podium that encompasses the first eight (8) stories of the towers and consists of the main plaza and retail units on the ground level, private amenities for residents on levels seven (7), eight (8), and a portion of nine (9), and parking throughout the remainder of the podium levels. The two (2) towers located on the north side of the Property are further connected beginning level twenty-three (23) spanning up to the roof forming a rooftop bridge across the towers. This bridge consists of residential units from levels twenty-three (23) to twenty-seven (27) and a private pool for residents on the rooftop spanning the length of the two (2) towers. Finally, the Project provides a total of 1,709 parking spaces, The Project occupies a similar footprint to that of the Approved Project. The Project further includes 254,496 gross square feet (219,708 net square feet) of existing office space and 39,000 gross square feet of new retail space. The Project proposes lush landscaping and the activation of the existing water feature with outdoor vending for restaurants and retail uses. The outdoor spaces, and the Project as a whole, is expertly designed with the intention of creating a uniquely beautiful aesthetic paradise, ergonomically designed to promote and encourage pleasure and community. The Applicant will subsequently submitting an application for site plan approval for the Project. Public Benefits. In connection with these applications, the Applicant is proffering the following public benefits: 1) $3,000,000 school contribution with the following payment schedule: a. $750,000 at site plan approval b. $750,000 at construction permit c. $1,500,000 at Certificate of Occupancy; 2) $1,250,000 additional school contribution (formerly Freebee contribution); 3) Fifty (50) shared bicycles; 4) Twenty-five (25) community cars; 5) Brightline Shuttle; 6) Twenty (20) HERO Housing units; and Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I MMarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 4 7) Public open space available to the community. Requests. The Applicant seeks approval of the following requests: 1) Amendment to the City's LDRs for TC-4 to permit up to 70 dwelling units per acre for projects that provide residential units as HERO Housing, with Conditional Use Approval as follows: Section 31-145(e)(1) Purpose. This district is intended to provide suitable sites for the development of structures and sites combining residential and commercial uses in a well -planned and compatible manner, emphasizing office uses with direct access to Biscayne Boulevard. Any approved site plan in this district shall provide a significant amount of office space as part of its commercial uses. Residential densities shall not exceed -58 70 dwelling units per gross acre and non-residential intensity shall not exceed a floor area ratio of 2.0. Section 31-145(e)(4)(o) o. Residential uses that exceed 25 dwelling units per acre, but not to exceed -58 70 units per acre. Section 31-145(e)(4)(p) p. For projects that provide residential units as HERO Housing, increased density above 25 units per acre up to 151-8 70 units per acre. 2) Modification of the previous Conditional Use Approval approved though Resolution No. 2023-44: 1. Modification of the ownership entity provided in the previous Conditional Use Approval to reflect the new ownership entity, Aventura Property Owner, LLC. 2. Conditional Use Approval to obtain the additional requested density of 70 units per acre. Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I MMarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 5 3. Conditional Use Approval to allow for a maximum height of 311 feet and twenty-nine (29) stories. 4. Conditional Use Approval for 30% parking reduction to allow for 1,709 spaces where 2,271 spaces are required. 5. Conditional Use Approval to allow for reduced unit sizes of 500-600 square feet for one (1) bedroom units, 800 square feet for two (2) bedroom units, 1,050 square feet for three (3) bedroom units, and 1,250 square feet for four (4) bedroom units. LDR Amendment Criteria. Section 31-77(g) of the City Code provides standards that staff and the City Commission shall consider when reviewing proposed amendments to City's LDRs. The Applicant's request addresses each of the standards as follows: (1) The proposed amendment is legally required. The proposed amendment is legally required to allow for the development of the Project. (2) The proposed amendment is consistent with the goals and objectives of the Comprehensive Plan. The proposed amendment is consistent with the goals and objectives of the Comprehensive Plan. (3) The proposed amendment is consistent with the authority and purpose of the LDR. The proposed amendment is consistent with the authority and purpose of the LDR and allows for the proliferation of HERO housing as encouraged by the Code at a level that is compatible with the surrounding area. (4) The proposed amendment furthers the orderly development of the City. The proposed amendment furthers the orderly development of the City by enabling a project that is consistent with the intent and purpose of the Town Center land use and zoning designations. (5) The proposed amendment improves the administration or execution of the development process. Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I MMarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 6 The proposed amendment will improve the administration or execution of the development process by enabling the development of a higher quality project that better embodies the intent and purpose of the Code. Conditional Use Criteria. The proposed Conditional Use addresses the criteria described in Sec. 31-73 governing Conditional uses as follows: 1. The proposed use shall be consistent with the Comprehensive Plan. The application is consistent with the goals and objectives of the Comprehensive Plan, specifically the type of uses proposed are specifically contemplated in the Town Center designation and TC4 Zoning District. 2. The maintenance and operation of the proposed use shall not be detrimental to or endanger the public health, safety, or general welfare. The proposed use will not be detrimental to or endanger public health, safety or general welfare. The Applicant's proposal will activate a dated and underutilized property with an exciting mix of uses. 3. The proposed use shall be consistent with the community character of the immediate neighborhood of the proposed use. The proposed use is consistent with community character of the immediate neighborhood. It will serve as a natural continuation of the Park Square project to the south, which contains a similar mixed use character. 4. Utilities, roadway capacity, drainage, and other necessary public facilities, including police, fire and emergency services, shall exist at the City's adopted levels of service, or will be available concurrent with demand as provided for in the requirements of theses LDRs. City public facilities and services will continue to operate within the required levels of service once the Property is completed. S. Adequate measures exist or shall be taken to provide ingress and egress to the proposed use in a manner that minimizes traffic congestion in the public streets. Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I MMarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 7 The Applicant has taken adequate measures to provide ingress and egress to the Property in a manner that that minimizes traffic congestion in the public streets. 6. The establishment of the conditional use shall not impede the development of surrounding properties for uses permitted in the zoning district. The conditional use will not have any detrimental effect on the ability of surrounding properties to develop with uses permitted in their zoning districts. 7. The design of the proposed use shall minimize adverse effects, including visual impacts, of the proposed use on adjacent property through the use of building orientation, setbacks, buffers, landscaping and other design criteria. The proposed use is designed to adequately mitigate adverse impacts, visual or otherwise, to adjacent properties. Extensive landscaping has been provided throughout the property, including the extensive activation of the site's existing water feature. For all the foregoing reasons, the applicant respectfully requests your department's favorable review and recommendation of this application. Should you have any questions, comments, or require additional information, please do not hesitate to phone my direct line at (305) 377-6238. Sincerely yours, Michael J. Marrero Enclosures cc: Jeffrey Bercow Benjamin Sherry Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I MMarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 8 Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I MMarrero@brzoninglaw.com CITY OF AVENTURA RESOLUTION NO. 2023-44 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, GRANTING CONDITIONAL USE APPROVAL, PURSUANT TO SECTION 31-145(E) OF THE CITY CODE OF ORDINANCES, (1) TO PERMIT A DENSITY OF 47 DWELLING UNITS PER ACRE, WHERE THE CITY CODE PERMITS 25; (2) TO PERMIT HEIGHTS UP TO 24 STORIES (260'), WHERE THE CITY CODE PERMITS 10 STORIES (100'); (3) TO PERMIT UNITS WITH FLOOR AREAS NO LOWER THAN 658 SQUARE FEET WHERE THE MINIMUM REQUIREMENT IS 900 SQUARE FEET; AND (4) TO PERMIT 1,690 PARKING SPACES, WHERE 2,112 SPACES ARE REQUIRED BY THE CITY CODE FOR THE PROPERTY LOCATED AT 20801-20807 BISCAYNE BOULEVARD; PROVIDING FOR CONDITIONS OF APPROVAL; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, pursuant to Chapter 31, "Land Development Regulations", Article VII, Use Regulation, Section 31-145(e) "Town Center Office Park Mixed Use (TC4) District" of the City Code of Ordinances, the Applicant, Bercow, Radell, Fernandez & Tapanes on behalf of Aventura Opportunity Owner LLC, has applied to the City of Aventura (the "City") for the modification of a previously approved Conditional Use approval (Application No. CUP2111- 0001) related to the development of a mixed use project (the "Development") located at 20801-20807 Biscayne Boulevard, in the TC4 District, as legally described in Exhibit "A" (the "Property"); and WHEREAS, pursuant to City Code Section 31-145(e)(4)o, the Applicant has requested Conditional Use Approval to permit a density of 47 dwelling units per acre, where the City Code permits 25; and WHEREAS, pursuant to City Code Section 31-145(e)(4)b, the Applicant has requested Conditional Use Approval to permit heights up to 24 stories (260'), where the City Code permits 10 stories (100'); and WHEREAS, pursuant to City Code Section 31-145(e)(4)e, the Applicant has requested Conditional Use Approval to allow floor areas ranging from 658 SF to 945 SF for one and two -bedroom units, where the City Code requires minimum floor areas ranging from 900 SF to 1,050 SF for these units; and WHEREAS, pursuant to City Code Section 31-145(e)(4)i, the Applicant has requested Conditional Use Approval to permit 1,690 parking spaces (in accordance with a shared parking allowance based upon the mix of uses proposed for the property), where 2,112 spaces are required by Code; and City of Aventura Resolution No. 2023-44 WHEREAS, following proper notice, the City Commission has held a public hearing as provided by law; and WHEREAS, the City Commission finds that the Application meets the criteria of the applicable codes and ordinances, to the extent the Application is granted herein, and it is in the best interest of the City to grant the request for Conditional Use Approval. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. The foregoing " WHEREAS" clauses are ratified and confirmed as being true and correct and are made a specific part of this Resolution. Section 2. The application for Conditional Use (1) to permit densities of 47 dwelling units per acre, where the City Code permits 25; (2) to permit heights up to 24 stories (260'), where the City Code permit 10 stories (100'), (3) to permit floor areas that are less than the minimum required by the City Code; and (4) to permit 1,690 parking spaces (in accordance with a shared parking allowance based upon the mix of uses proposed for the property), where the City Code requires 2,112 spaces for the Property is hereby granted, subject to the conditions set out in Section 3 of this Resolution. Section 3. Approval of the application above is subject to the following conditions: 1. Building permits must be consistent with drawings as submitted on May 3, 2023 and listed in Exhibit B, unless otherwise subsequently amended by an administrative site plan approval. The referenced plans are being reviewed under Administrative Site Plan Approval regulations, the TC-4 zoning district regulations, and all other applicable regulations as provided within the City of Aventura Land Development Regulations. 2. Contribution toward the expansion of the City's Freebee circulator service in the amount of $125,000 per year for 10 years with the first payment due before the issuance of the first permit for the project and each of the next 9 payments due on the respective anniversary date of the first payment. 3. Concurrent with the issuance of a certificate of occupancy of any kind (i.e. temporary or final) a shuttle service specifically to and from the Brightline station will be provided to residents of the development by the owners/operators of the building. 4. A contribution of $250,000 toward the capital costs related to construction of a new charter school for the City will be made prior to the issuance of a permit for vertical construction of any residential building. A second contribution of $250,000 for the same purpose will be made by the 5-year anniversary of the first payment. Page 2 of 4 City of Aventura Resolution No. 2023-44 5. A deed restriction, in a form approved by the City Attorney, will be recorded agreeing that the property, and residential units thereon, will comply with the City's restriction on short term rentals, which states that any rental for less than 90 days is considered a hotel. (Hotel use is not included in the project being approved with this conditional use) 6. Prior to receiving permits for any permanent structure, obtain Miami -Dade County Schools' issuance of a finding that School Concurrency has been met and pay applicable School Impact Fees. Section 4. The City Manager is authorized to issue permits in accordance with the approvals and conditions herein provided and to indicate such approvals and conditions upon the records of the City. Section 5. Issuance of this development order by the City of Aventura does not in any way create any right on the part of an applicant to obtain a permit from a state or federal agency and does not create any liability on the part of the City of Aventura for issuance of the development order if the applicant fails to obtain requisite approvals or fulfill the obligations imposed by a state or federal agency or undertakes actions that result in a violation of state or federal law. All applicable state and federal permits must be obtained before commencement of the development. This condition is included pursuant to Section 166.033, Florida Statutes, as amended. Section 6. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution was offered by Commissioner Friedland, who moved its adoption. The motion was seconded by Commissioner Kruss, and upon being put to a vote, the vote was as follows: Commissioner Rachel S. Friedland No Commissioner Billy Joel Yes Commissioner Paul A. Kruss Yes Commissioner Dr. Linda Marks No Commissioner Michael Stern Yes Vice Mayor Amit Bloom Yes Mayor Howard S. Weinberg Yes Page 3 of 4 City of Aventura Resolution No. 2023-44 PASSED AND ADOPTED this 51" day of September, 2023. vV HOWARD S. WEINBERG, E Q. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: i CITY ATTORNEY This Resolution was filed in the Office of the City Clerk this 51" day of September, 2023. ELLISA L. HORVA , MMC CITY CLERK Page 4 of 4 LEGAL DESCRIPTION EXHIBIT "A" PARCEL ONE: A PORTION OF TRACT "A", OF "AVENTURA CORPORATE CENTER", ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 158, AT PAGE 47, OF THE PUBLIC RECORDS OF MIAMI- DADE COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGIN AT THE MOST NORTH, NORTHWEST CORNER OF SAID TRACT "A"; THENCE N 88°10'38" E, ALONG THE NORTH LINE OF SAID TRACT "A", FOR 556.00 FEET; THENCE S 11 °19'21" W FOR 335.30 FEET; THENCE S 00°43'51" E FOR 205.15 FEET TO A POINT ON THE SOUTHERLY LINE OF SAID TRACT "A"; THENCE N 78°02'44" W, ALONG THE SOUTHERLY LINE OF SAID TRACT "A", FOR 652.55 FEET; THENCE N 28°31'25" W, ALONG THE SOUTHWESTERLY LINE OF SAID TRACT "A", FOR 35.00 FEET; THENCE N 22°43'18" E, ALONG THE WESTERLY LINE OF SAID TRACT "A", SAID LINE ALSO BEING THE EASTERLY RIGHT-OF-WAY LINE OF BISCAYNE BOULEVARD (STATE ROAD U.S. NO. 1), FOR 363.12 FEET; THENCE N 55°26'58" E, ALONG THE NORTHWESTERLY LINE OF SAID TRACT "A", FOR 27.03 FEET TO THE POINT OF BEGINNING. PARCEL TWO: TRACT "A", OF AVENTURA CORPORATE CENTER, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 158, AT PAGE 47, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. LESS THE FOLLOWING DESCRIBED PARCEL OF LAND: BEGIN AT THE MOST NORTH, NORTHWEST CORNER OF SAID TRACT "A"; THENCE N 88°10'38" E, ALONG THE NORTH LINE OF SAID TRACT "A", FOR 556.00 FEET; THENCE S 11'19'21" W FOR 335.30 FEET; THENCE S 00°43'51" E FOR 205.15 FEET TO A POINT ON THE SOUTHERLY LINE OF SAID TRACT "A"; THENCE N 78002'44" W, ALONG THE SOUTHERLY LINE OF SAID TRACT "A", FOR 652.55 FEET; THENCE N 28°31'25" W,ALONGTHE SOUTHWESTERLY LINE OF SAID TRACT "A", FOR 35.00 FEET; THENCE N 22-43-18" E, ALONG THE WESTERLY LINE OF SAID TRACT "A", SAID LINE ALSO BEING THE EASTERLY RIGHT-OF-WAY LINE OF BISCAYNE BOULEVARD (STATE ROAD U.S. NO. 1), FOR 363.12 FEET; THENCE N 55°26'58" E, ALONG THE NORTHWESTERLY LINE OF SAID TRACT "A", FOR 27.03 FEET TO THE POINT OF BEGINNING. AND LESS THAT PORTION CONVEYED TO NORWICH AVENTURA II LLC, A DELAWARE LIMITED LIABILITY COMPANY, BY SPECIAL WARRANTY DEED, RECORDED DECEMBER 18, 2014, IN OFFICIAL RECORDS BOOK 29434, AT PAGE 3641, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGIN AT THE MOST NORTH, NORTHWEST CORNER OF SAID TRACT "A"; THENCE N 88°10'38" E, 4871-4053-9419, v. 1 ALONG THE NORTH LINE OF SAID TRACT "A", FOR 556.00 FEET; THENCE S 11°19'21" W FOR 335.30 FEET; THENCE S 00°43'51" E FOR 18.03 FEET TO THE POINT OF BEGINNING OF THE HEREINAFTER DESCRIBED PARCEL OF LAND; THENCE CONTINUES 00°43'51" E FOR 187.14 FEET TO A POINT OF THE SOUTHERLY LINE OF SAID TRACT "A"; THE FOLLOWING EIGHT (8) COURSES BEING ALONG THE SOUTHERLY AND EASTERLY BOUNDARY OF SAID TRACT "A"; (1) THENCE S 78002'44" E FOR 73.05 FEET TO A POINT OF CURVATURE; (2) THENCE SOUTHEASTERLY ALONG A 1438.00 FOOT RADIUS CURVE LEADING TO THE LEFT THROUGH A CENTRAL ANGLE OF 04011'01" FOR AN ARC DISTANCE OF 105.00 FEET; (3) THENCE N 07°04'25" E FOR 45.00 FEET; (4) THENCE S 82055'35" E FOR 35.00 FEET; (5) THENCE S 07°04'25" W FOR 45.00 FEET TO A POINT ON A CIRCULAR CURVE WHOSE RADIUS POINT BEARS N 06022'35" E; (6) THENCE SOUTHEASTERLY ALONG A 1438.00 FOOT RADIUS CURVE LEADING TO THE LEFT, THROUGH A CENTRAL ANGLE OF 04033'05" FOR AN ARC DISTANCE OF 114.23 FEET TO A POINT OF COMPOUND CURVATURE; (7) THENCE EASTERLY AND NORTHERLY ALONG A 25.00 FOOT RADIUS CURVE LEADING TO THE LEFT, THROUGH A CENTRAL ANGLE OF 94045'02" FOR AN ARC DISTANCE OF 41.34 FEET TO A POINT OF TANGENCY; (8) THENCE N 02055'32" W FOR 254.38 FEET; THENCE S 87004'34" W FOR 138.61 FEET; THENCE S 37012'35" W FOR 30.60 FEET; THENCE S 87°04'34" W FOR 86.00 FEET; THENCE S 18040'06" W FOR 7.39 FEET; THENCE S 87°04'34" W FOR 93.63 FEET TO THE POINT OF BEGINNING. TOGETHER WITH THE NON-EXCLUSIVE EASEMENTS AS SET FORTH AND FURTHER DESCRIBED IN SECTION 3(D) OF THAT CERTAIN PARKING AGREEMENT, RECORDED DECEMBER 18, 2014, IN OFFICIAL RECORDS BOOK 29434, AT PAGE 3651, AND SECTION 3 OF THAT CERTAIN AMENDED AND RESTATED EASEMENT AND OPERATING AGREEMENT, RECORDED DECEMBER 18, 2014, IN OFFICIAL RECORDS BOOK 29434, AT PAGE 3695, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. 4871-4053-9419, v. 1 FIr cam:- .-}. �' -.'�' .' : ;N a►� iy--.' - F^ - 71 $ _ r CITY OF AVENTURA ORDINANCE NO. 2025- AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, AMENDING CHAPTER 31, "LAND DEVELOPMENT REGULATIONS" OF THE CITY CODE OF ORDINANCES BY AMENDING SECTION 31-145(e), "TOWN CENTER OFFICE PARK MIXED USE (TC4) DISTRICT", TO ALLOW MULTIFAMILY RESIDENTIAL DENSITIES WITH A MAXIMUM OF 70 DWELLING UNITS PER ACRE FOR DEVELOPMENTS THAT PROVIDE RESIDENTIAL UNITS TO THE CITY'S HERO HOUSING PROGRAM; SUBJECT TO CONDITIONAL USE APPROVAL; PROVIDING FOR SEVERABILITY; PROVIDING FOR INCLUSION IN THE CODE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Aventura, Florida (the "City"), finds it periodically necessary to amend its Code of Ordinances (the "City Code") in order to update regulations and procedures to implement municipal goals and objectives; and WHEREAS, the Applicant, Michael J. Marrero c/o Bercow Radell Fernandez Larkin & Tapanes, on behalf of Aventura Property Owner LLC, through Application No. LDR2504-0001, has requested from the City an amendment to Section 31-145(e) "Town Center Office Park Mixed Use (TC4) District", of Chapter 31, of the Land Development Regulations ("LDRs") of the City Code to allow multifamily residential uses with a maximum density of 70 dwelling units per acre for developments that dedicate residential units as HERO Housing; and WHEREAS, the City Commission finds that the proposed amendment to Section 31-145 of the City Code to allow multifamily residential uses with a maximum density of 70 dwelling units per acre for developments that dedicate units as HERO Housing is consistent with the applicable goals, objectives and policies of the City's Comprehensive Plan; and WHEREAS, the City Commission has been designated as the Local Planning Agency for the City pursuant to Section 163.3174, Florida Statutes; and WHEREAS, the Local Planning Agency has reviewed the proposed amendment and has recommended approval to the City Commission; and WHEREAS, the City Commission has held the required public hearings, duly noticed in accordance with the law; and WHEREAS, The City Commission has reviewed the proposed amendment, and finds that it is in the best interest of the public to amend Section 31-145 of the LDRs as set forth in this Ordinance; and City of Aventura Ordinance No. 2025- WHEREAS, the City Commission has reviewed the action set forth in the ordinance and has determined that such action is consistent with the Comprehensive Plan. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. Findings. That the foregoing "Whereas" clauses are hereby ratified and incorporated as the legislative intent of this Ordinance. Section 2. City Code Amended. That Section 31-145(e) "Town Center Office Park Mixed Use (TC4) District" of Article VII "Use Regulations", of Chapter 31 "Land Development Regulations" of the City Code is hereby amended to read as follows': Sec. 31-145. Town Center Zoning Districts. (e) Town Center Office Park Mixed Use (TC4) District). The following regulations shall apply in the TC4 District: (1) Purpose. This district is intended to provide suitable sites for the development of structures and sites combining residential and commercial uses in a well -planned and compatible manner, emphasizing office uses with direct access to Biscayne Boulevard. Any approved site plan in this district shall provide a significant amount of office space as part of its commercial uses. Residential densities shall not exceed 50 70 dwelling units per gross acre for developments that provide HERO housing, and non-residential intensity shall not exceed a floor area ratio of 2.0. (4) Conditional uses permitted. The following uses may be established if first approved as a conditional use: o. Residential uses that exceed 25 dwelling units per acre, but no to exceed 50 units per acre. q. For projects that provide residential units as HERO Housing, increased density above 25 units per acre up to W 70 units per acre. Section 3. Severability. That the provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the Underlined text indicates additions. Stricken- through text indicates deletions. Double underline indicates changes made between first and second reading. Page 2 of 4 City of Aventura Ordinance No. 2025- validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 4. Inclusion in the Code. That it is the intention of the City Commission and it is hereby ordained that the provisions of this Ordinance shall become and made a part of the Code of the City of Aventura; that the sections of this Ordinance may be renumbered or re -lettered to accomplish such intentions; and that the word "Ordinance" shall be changed to "Section" or other appropriate word. Section 5. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. The foregoing Ordinance was offered by Commissioner Bloom, who moved its adoption on first reading. The motion was seconded by Commissioner Ain, and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Yes Commissioner Gustavo Blachman Yes Commissioner Amit Bloom Yes Commissioner Rachel S. Friedland Yes Commissioner Paul A. Kruss Yes Vice Mayor Cindy Orlinsky Yes Mayor Howard S. Weinberg Yes The foregoing Ordinance was offered by Commissioner , who moved its adoption on second reading. The motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg Page 3 of 4 City of Aventura Ordinance No. 2025- PASSED on first reading this 6th day of May, 2025. PASSED AND ADOPTED on second reading this V day of June, 2025. ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. HOWARD S. WEINBERG, ESQ. MAYOR Page 4 of 4 CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Bryan Pegues, City Manager f f BY: Keven Klopp, Community Development Director DATE: May 2, 2025 SUBJECT: Request by Miami Off Center Associates, LLP to Approve a Small - Scale Amendment to the City's Future Land Use Map ("FLUM") Changing the Land Use Designation of Two Parcels Situated on the Southwest Corner of NE 187 Street and NE 28 Court from Business and Office to Town Center City Case File ACP2305-0001 May 6, 2025 Local Planning Agency Meeting May 6, 2025 City Commission Meeting Agenda June 3, 2025 City Commission Meeting Agenda RECOMMENDATION It is recommended that the City Commission approve a small-scale amendment to the Future Land Use Map (FLUM) of the City of Aventura Comprehensive Plan pursuant to section 163.3187, Florida Statutes, to change the designation of an approximate 3-acre tract of land on the southwest corner of NE 187 Street and NE 28 Court, identified by folio numbers 28-2203-043-0010 and 28-2203-033-0010 and legally described in Exhibit "'I", from "Business and Office" to "Town Center". THE REQUEST The applicant, Michael J. Marrero c/o Bercow Radell Fernandez Larkin & Tapanes, on behalf of Miami Off Center Associates, LLP, is requesting an amendment to the FLU by changing the designation of properties located at 2770 NE 187 Street ("Western Parcel") and 2822, 2826, 2830, 2834, and 2850 NE 187 Street ("Eastern Parcel") (collectively referred to as the "Property") from "Business and Office" to "Town Center". The applicant's Letter of Intent is attached as Exhibit "3". Location - Southwest corner of NE 187 Street and NE 28 Court. See Exhibit "2" for Location Map Size - 3.0175 acres +/- See Exhibit " 1 " for Legal Description Zoning: Subject Property B2 — Community Business District Properties to the North TC1 - Town Center District Properties to the South B2 — Community Business District RMF4 - Multifamily Medium High Density Residential Properties to the East TC2 — Town Center Marine District Properties to the West B2 — Community Business District Existing Land Use — Subject Property Retail Properties to the North Mixed Use Residential Commercial Properties to the South Vacant Lands Properties to the East Marina Properties to the West Vacant lands Future Land Use — Subject Property Properties to the North Properties to the South Properties to the East Properties to the West BACKGROUND Business and Office Town Center Business and Office Medium High Density Residential Town Center Business and Office The two parcels are currently unified through a Unity of Title, as recorded in Official Records Book 13177, Page 917 of the Public Records of Miami -Dade County. Upon approval of the City of Aventura Comprehensive Plan in 1998, the site was designated "Business and Office", consistent with the then -existing Miami Dade County Comprehensive Plan. Currently, the Property is occupied by two commercial buildings of approximately 45,000 square feet of retail space. ANALYSIS Town Centers are intended for mixed urban uses integrated horizontally and vertically. The City's Comprehensive Plan specifies that no Town Center shall be less than 5 acres in size, contiguous, and directly accessible from an arterial or urban collector roadway. Although the Property is a little over 3 acres, it is contiguous to the existing Town Center on both its northern and eastern boundaries, effectively serving as a natural extension of the existing district. Direct access from Biscayne Boulevard is provided via NE 187 Street. The proposed amendment will facilitate the development of the Eastern Parcel into a mixed -use building with residential and ground floor retail uses. Furthermore, the Town Center designation will facilitate the rezoning of the Property to Town Center District (TC1). The applicant has submitted applications to amend City's Zoning Map to be processed concurrently, and which is the subject of separate staff report and ordinance on the May 6, 2025, Local Planning Agency and City Commission agendas. If the proposed amendments to the Comprehensive Plan and Zoning Map are approved, the next step in the development process will be the review of the proposed site plan and a subsequent application for Conditional Use and Variances approval to be presented to the City Commission at a public hearing. Section 31-53 of the City's Land Development Regulations provides that a FLUM amendment may only be filed by the City Administration, City Commission or an owner of property subject to the amendment, and the procedure for amendment of the Plan shall be by ordinance, in accordance with F.S. §§ 163.3184 and 163.3187, as amended. Standards for reviewing proposed amendments to the Future Land Use Map (Florida Statutes 163.3177). Future land use map amendments shall be based upon the following analyses: • An analysis of the availability of facilities and services. All required services and facilities are available to this location to fulfil the level of service requirements. Capacity allocations for water, sewer, schools are made at the time of development approval. An analysis of the suitability of the plan amendment for its proposed use considering the character of the undeveloped land, soils, topography, natural resources, and historic resources on site. The proposed amendment is suitable given that neighboring sites with similar topography have been developed with consistent land uses. An analysis of the minimum amount of land needed to achieve the goals and requirements of this section. The amount of land amended is suitable to achieve the goals of the Town Center Future Land Use designation. Notice of the proposed amendment has been published in accordance with Section 31- 53 of the City Code and Section 163.3184 of the Florida Statutes. Exhibit "1" LEGAL DESCRIPTION As to Parcel 1: (Folio Number: 28-2203-033-0010) Tract A of GILDA TRACT, according to the Plat thereof as recorded in Plat Book 117, Page 12, of the Public Records of Miami - Dade County, Florida. As to Parcel Z: (Folio Number: 28-2203-043-0010) Tract B of GILDA TRACT FIRST ADDITION, according to the Plat thereof as recorded in Plat Book 130, Page 49, of the Public Records of Miami - Dade County, Florida. LOCATION MAP ------------ ,------------ — — — — — � z i m ui� 1 i D 1 < m � 1 VE=2707TH=ST i N;COU,NTR_Y_CLUB=DR F fD*i' - = MajorRoads _ . Aventura Municipal Boundary w Q z J J 0 J EXHIBIT #: 2 DATE:05/06/2025 AGENDA ITEM(S): 1]6Y0I:i121to] ►1 Property(s): 28-2203-033-0010 28-2203-043-0010 Existing Land Use: Business & Office Proposed Land Use: Town Center Existing Zoning: B2 Proposed Zoning: TC1 City File No.: REZ2503-0001 ACP2503-0001 y vb- #—. 2A 0 0.25 0.5 1 Miles N I I I I I I I I BERCOW RADELL FERNANDEZ LARKIN + TAPANES ZONING, LMD USE AND ENNRCNVM NTAL LAW March 7, 2025 VIA ELECTRONIC MAIL 200 S. Biscayne Boulevard Mr. Keven Klopp Suite 300, Miami, FL 33131 Community Development Director City of Aventura www.brzoninglaw.com 19200 West Country Club Drive, 4th Floor Aventura, Florida 33180 305.377.6238 office 305.377.6222 fax Re: Letter of Intent — Amendment to Official Zoning Map and mmarrero@brzoninglaw.com Future Land Use Map for Cassa Residences Dear Mr. Klopp: This law firm represents Miami Off Center Associates, LLP (the "Applicant"), with regard to this application to amend the City of Aventura Zoning Map and Future Land Use Map for the properties located at 2770 NE 187 Street ("Western Parcel") and 2822, 2826, 2830, 2834, and 2850 NE 187 Street ("Eastern Parcel") (collectively referred to as the "Property") located within the municipal boundaries of the City of Aventura (the "City") to be designated as Town Center in the Future Land Use Map and TC1 in the Zoning Map. Property Description. The Property, further identified by Miami -Dade County Property Appraiser Folio Nos. 28-2203-033- 0010 (Eastern Parcel) and 28-2203-043-0010 (Western Parcel) is comprised of two (2) parcels located on the south side of NE 187 Street just west of NE 28 Court. The two parcels are currently unified through a Unity of Title, as recorded in Official Records Book 13177, Page 917 of the Public Records of Miami -Dade County. The Eastern Parcel is currently improved with a two (2) story commercial building. The Western Parcel is currently improved with a one (1) story commercial building containing the iconic Mo's Bagels & Deli. Mr. Keven Klopp Community Development Director Page 2 The Applicant seeks to develop a mixed -use project on the Eastern Parcel consisting of residential and ground floor retail uses. The Western Parcel, which currently hosts the iconic Mo's Bagels & Deli will be preserved in its current state. Section 33-77(f) of the City Code provides standards that staff and the City Commission shall consider when reviewing proposed amendments to City's Official Zoning Map. The Applicant's request addresses each of the standards as follows: (1) The proposed amendment is consistent with goals, objectives and policies of the City's Comprehensive Plan. Presently, the Property is designated as Business and Office on the Future Land Use Map. Concurrent with the rezoning request, the Applicant also seeks a redesignation to Town Center in the Future Land Use Map. With that requested designation, the proposed amendment would be consistent with the City's Comprehensive Plan. (2) The proposed zoning district is compatible with the surrounding area's zoning designation(s) and existing uses. The Property is generally surrounded by a mix of commercial and residential uses, and directly borders parcels zoned TC1, TC3, and RMF4. Therefore, a mixed -use development with residential and commercial uses would be compatible in the center of all these uses. (3) The subject property is physically suitable for the uses permitted in the proposed district. The location and size of the Property, the surrounding uses, and the Property's proximity to TC1, TC3, and RMF4 zoned properties make it especially suitable for a mixed -use development, such as is contemplated with the TC1 zoning district. (4) There are sites available in other areas currently zoned for such use. There are no sites available in other areas currently zoned for such use that will allow for the development of the proposed project. (5) If applicable, the proposed change will contribute to redevelopment of an area in accordance with an approved redevelopment plan. Not applicable. Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I mmarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 3 (6) The proposed change would adversely affect traffic patterns or congestion. Upon site plan approval, the Applicant will submit a traffic study to address any traffic impacts and would mitigate impacts as necessary. (7) The proposed change would adversely impact population density such that the demand for water, sewers, streets, recreational areas and facilities, and other public facilities and services would be adversely affected. The Applicant does not anticipate any adverse impacts to the City's infrastructure as a result of its redevelopment of the Property. Nevertheless, these issues can be further reviewed upon site plan submittal. (8) Whether the proposed change would have an adverse environmental impact on the vicinity. The Applicant does not anticipate any adverse environmental impact with the redevelopment of the Property. (9) Whether the proposed change would adversely affect the health, safety, and welfare of the neighborhood or the City as a whole. The development is only expected to enhance safety and welfare within the surrounding area. Florida Statutes provides standards for reviewing proposed amendments to the Future Land Use Map under F.S. 163.3177. The statute requires the following be analyzed when considering a change to the Comprehensive Plan Future Land Use Map: (1) The availability of facilities and services. All required services and facilities are available to this location to fulfil the level of service requirements. Any necessary capacity allocations for water, sewer, schools will be made at the time of development order approval. (2) The suitability of the plan amendment for its proposed use considering the character of the undeveloped land, soils, topography, natural resources, and historic resources on site. Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I mmarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 4 The Proposed Future Land Use Map amendment is suitable considering the Property is currently fully developed with a commercial building. (3) The minimum amount of land needed to achieve economically, socially, physically, and environmentally, and fiscally balanced development. The proposed Future Land Use Map amendment will not consume any currently undeveloped land. (4) The extent to which the development pattern of urban form discourages the proliferation of urban sprawl. The proposed Future Land Use Map amendment discourages urban sprawl by facilitating mixed -use redevelopment that will increase density and intensity in an already urban area. For all the foregoing reasons, the applicant respectfully requests your department's favorable review and recommendation of this application. Should you have any questions, comments, or require additional information, please do not hesitate to phone my direct line at (305) 377-6238. Sincerely yours, Michael J. Marrero Enclosures cc: Jeffrey Bercow Benjamin Sherry Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I mmarrero@brzoninglaw.com CITY OF AVENTURA ORDINANCE NO. 2025- AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, APPROVING A SMALL SCALE AMENDMENT TO THE FUTURE LAND USE MAP OF THE CITY OF AVENTURA COMPREHENSIVE PLAN PURSUANT TO SECTION 163.3187, FLORIDA STATUTES, TO REDESIGNATE AN APPROXIMATE 3.01 ACRE TRACT OF LAND ON THE SOUTHWEST CORNER OF NE 187 STREET AND NE 28 COURT, IDENTIFIED BY FOLIO NUMBERS 28-2203-043-0010 AND 28-2203- 033-0010, FROM "BUSINESS AND OFFICE" TO "TOWN CENTER"; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; PROVIDING FOR INCLUSION IN THE COMPREHENSIVE PLAN; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, pursuant to Section 163.3187(1), Florida Statutes, Michael J. Marrero c/o Bercow Radell Fernandez Larkin & Tapanes, on behalf of Miami Off Center Associates, LLP (the "Applicant') through City File No. ACP2305-0001, is requesting approval of a Small Scale Future Land Use Map ("FLUM") amendment to the Comprehensive Plan (the "Plan") to change the designation of 3.01 acres of land (Folios 28-2203-043-0010 and 28-2203-033-0010), as legally described in Exhibit "1 ", and further depicted on the Location Map attached as Exhibit "2" (the "Property") from "Business and Office" to "Town Center" (the "Small Scale FLUM Amendment'); and WHEREAS, the City Commission finds that the Small Scale FLUM Amendment will maintain the unique aesthetic character of the City and improve the quality of life for its residents by providing mixed -use development within the transit corridor; and WHEREAS, the City Commission further finds that the Small Scale FLUM Amendment will not result in impacts on any infrastructure system that will exceed established level of service standards without concurrent mitigation and is otherwise consistent with the goals, objectives and policies of the Plan; and WHEREAS, the City Commission finds that the proposed Small Scale FLUM Amendment is consistent with Sections 163.3184 and 163.3187, Florida Statutes; and WHEREAS, the Local Planning Agency has reviewed the proposed amendment and has recommended approval to the City Commission; and WHEREAS, the City Commission has held the required public hearings, duly noticed in accordance with the law; and City of Aventura Ordinance No. 2025- WHEREAS, the City Commission believes it is in the best interest of the public to approve this Ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. Recitals. That the foregoing "Whereas" clauses and findings are hereby ratified and incorporated as the legislative intent of this Ordinance. Section 2. Approval of the Small Scale Future Land Use Map Amendment. That pursuant to Section 163.3187(1), Florida Statutes, the Small Scale FLUM Amendment to the Comprehensive Plan for the Property, legally described in Exhibit "1 ", and further depicted on the Location Map attached as Exhibit "2", is hereby amended such that the Property shall now have the Future Land Use Map designation of Town Center. Section 3. Conflicts. That all ordinances or parts of ordinances, resolution or parts of resolutions, in conflict herewith, are repealed to the extent of such conflict. Section 4. Severability. That the provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 5. Inclusion in the City's Comprehensive Plan. That it is the intention of the City Commission and it is hereby ordained that the provisions of this Ordinance shall become and made a part of the Comprehensive Plan of the City of Aventura and that the Future Land Use Map may be revised so as to accomplish such intention. Section 6. Effective Date. That this Ordinance shall not become effective until 31 days after adoption. If challenged within 30 days after adoption, this Ordinance may not become effective until the state land planning agency or the Administration Commission, respectively, issues a final order determining that the adopted Small Scale FLUM Amendment is in compliance. Page 2 of 4 City of Aventura Ordinance No. 2025- The foregoing Ordinance was offered by Commissioner Bloom, who moved its adoption on first reading. The motion was seconded by Commissioner Blachman, and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain No Commissioner Gustavo Blachman Yes Commissioner Amit Bloom Yes Commissioner Rachel S. Friedland Yes Commissioner Paul A. Kruss Absent Vice Mayor Cindy Orlinsky Yes Mayor Howard S. Weinberg Yes The foregoing Ordinance was offered by Commissioner , who moved its adoption on second reading. The motion was seconded by Commissioner and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg PASSED on first reading this 6th day of May, 2025. PASSED AND ADOPTED on second reading this V day of June, 2025. Page 3 of 4 City of Aventura Ordinance No. 2025- ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. HOWARD S. WEINBERG, ESQ. MAYOR Page 4 of 4 Exhibit "1" LEGAL DESCRIPTION As to Parcel 1: (Folio Number: 28-2203-033-0010) Tract A of GILDA TRACT, according to the Plat thereof as recorded in Plat Book 117, Page 12, of the Public Records of Miami - Dade County, Florida. As to Parcel Z: (Folio Number: 28-2203-043-0010) Tract B of GILDA TRACT FIRST ADDITION, according to the Plat thereof as recorded in Plat Book 130, Page 49, of the Public Records of Miami - Dade County, Florida. LOCATION MAP ------------ ,------------ — — — — — � z i m ui� 1 i D 1 < m � 1 VE=2707TH=ST i N;COU,NTR_Y_CLUB=DR F fD*i' - = MajorRoads _ . Aventura Municipal Boundary w Q z J J 0 J EXHIBIT #: 2 DATE:05/06/2025 AGENDA ITEM(S): 1]6Y0I:i121to] ►1 Property(s): 28-2203-033-0010 28-2203-043-0010 Existing Land Use: Business & Office Proposed Land Use: Town Center Existing Zoning: B2 Proposed Zoning: TC1 City File No.: REZ2503-0001 ACP2503-0001 y vb- #—. 2A 0 0.25 0.5 1 Miles N I I I I I I I I CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM- Bryan Pegues, City Manager f BY: Keven Klopp, Community Development Director DATE: May 2, 2025 SUBJECT: Request to Amend the Official Zoning Map of the City of Aventura by Changing the Zoning Designation of the Properties Identified with Folio Nos. 28-2203-033-0010 and 28-2203-043-0010 from Community Business District (132) to Town Center District (TC1) City Case File REZ2503-0001 May 6, 2025 Local Planning Agency Meeting Agenda May 6, 2025 City Commission Meeting Agenda June 3, 2025 City Commission Meeting Agenda RECOMMENDATION It is recommended that the City Commission approve the Rezoning of the two (2) parcels of land located on the southwest corner of NE 187 Street and NE 28 Court and legally described on Exhibit "1" (the "Property"), from Community Business District (132) to Town Center District (TC1). THE REQUEST The applicant, Michael J. Marrero c/o Bercow Radell Fernandez Larkin & Tapanes, on behalf of Miami Off Center Associates, LLP, is requesting a rezoning of the Property to facilitate a proposed mixed used development of multifamily residential units with ground floor retail. The applicant's Letter of Intent is attached as Exhibit #3 of this report. BACKGROUND Property Owner - Miami Off Center Associates, LLP Location - 2770 NE 187 Street 2822, 2826, 2830, 2834, and 2850 NE 187 Street See Exhibit #2 for Location Map Size - 3.0175 acres +/- See Exhibit " 1 " for Legal Description Zoning: Subject Property B2 — Community Business District Properties to the North TC1 - Town Center District Properties to the South B2 — Community Business District RMF4 - Multifamily Medium High Density Residential Properties to the East TC2 — Town Center Marine District Properties to the West B2 — Community Business District Existing Land Use — Subject Property Retail Properties to the North Mixed Use Residential Commercial Properties to the South Vacant Lands Properties to the East Marina Properties to the West Vacant lands Future Land Use — Subject Property Business and Office Properties to the North Town Center Properties to the South Business and Office Medium High Density Residential Properties to the East Town Center Properties to the West Business and Office The Property consists of approximately 3 acres of land located on the southwest corner of NE 187 Street and NE 28 Court currently zoned B2, Community Business District on the Official Zoning Map. These two parcels, identified as 2770 NE 187 Street ("Western Parcel") and 2822, 2826, 2830, 2834, and 2850 NE 187 Street ("Eastern Parcel") are currently unified through a Unity of Title, as recorded in Official Records Book 13177, Page 917 of the Public Records of Miami -Dade County. Currently, the Property is developed with two commercial buildings totaling approximately 45,000 square feet of retail space. The Western Parcel, occupied by the iconic Mo's Bagels & Deli and additional retail establishments, will be preserved in its current state. The Applicant is proposing to developed a mixed -use project on the Eastern Parcel. ANALYSIS Town Center Zoning Districts are intended for the development of residential and commercial uses in a well planned and compatible manner. This Project is located adjacent to two Town Center designated districts along its northern and eastern boundaries, making a Town Center designation a logical extension of the neighborhood oil mixed use typology. In addition, the Property is within the first quarter -mile of the Rapid Transit Corridor, an area identified by Miami Dade County for being appropriate for mixed use buildings, walkability and transit -oriented developments. Amendments to the Official Zoning Map shall be consistent with the adopted Comprehensive Plan. To address the inconsistency, the proposed development is also required to be granted approval to amend the Comprehensive Plan Future Land Use Map (the "FLUM") to change the designation of the Property's land use category from Business and Office to Town Center. The applicant has applied to amend the FLUM to be processed concurrently, and which are the subjects of separate ordinances, on the May 6 Local Planning Agency and City Commission agendas. Section 163.3184 of the Florida Statutes provides that zoning changes required to properly enact any proposed plan amendment may be considered concurrently, but are contingent upon the comprehensive plan amendment transmitted become effective. If the proposed amendments are approved, the next step in the development process will be the review of the proposed site plan and subsequent applicable requests for Conditional Use and/or Variance approval to be presented to the City Commission at a public hearing. Staff reviewed the proposed amendment to the Official Zoning Map pursuant to the review standards of the Land Development Regulations contained in Section 31-77(f) of the City Code as follow- (1) The proposed amendment is consistent with goals, objectives and policies of the City's Comprehensive Plan. Upon approval of the amendment to the City's Comprehensive Plan Future Land Use map, the rezoning to TC1 would be consistent with the goals, objectives and policies of the City's Comprehensive Plan. (2) The proposed zoning district is compatible with the surrounding area's zoning designation(s) and existing uses. The proposed rezoning is consistent and compatible with the surrounding area's zoning designations and existing uses since is generally surrounded by a mix of commercial and residential uses, and directly borders parcels zoned TC1, TC2, and RMF4. (3) The subject property is physically suitable for the uses permitted in the proposed district. Due to its size and location, the property is suitable for the uses permitted in the TC1 district. (4) There are sites available in other areas currently zoned for such use. Based on the limited sites for redevelopment of residential properties east of Biscayne Boulevard, the proposed use will help meet the ongoing demands for new residential units in this area. (5) If applicable, the proposed change will contribute to redevelopment of an area in accordance with an approved redevelopment plan. Not applicable. (6) The proposed change would adversely affect traffic patterns or congestion. The Applicant, as part of the site plan approval process, will submit a traffic study to address any traffic impacts and would mitigate impacts as necessary. Currently, the Applicant submitted a Traffic Impact Analysis methodology to be reviewed by the City's traffic engineers to ensure that the traffic study take in consideration the impact on existing and future traffic conditions. (7) The proposed change would adversely impact population density such that the demand for water, sewers, streets, recreational areas and facilities, and other public facilities and services would be adversely affected. The proposed use will not have a negative impact on the water, sewer or other levels of public facilities within a City, which will be evaluated for concurrency as part of redevelopment of the site. (8) Whether the proposed change would have an adverse environmental impact on the vicinity. The proposed use will not have an adverse environmental impact on the vicinity. As part of the development of the Property, the site will be reviewed by the Miami - Dade County Division of Environmental Resources Management, to ensure that the Property complies with the environmental regulations of the County. (9) Whether the proposed change would adversely affect the health, safety, and welfare of the neighborhood or the City as a whole. The development is only expected to enhance safety and welfare within the surrounding area. In Exhibit "1" LEGAL DESCRIPTION As to Parcel 1: (Folio Number: 28-2203-033-0010) Tract A of GILDA TRACT, according to the Plat thereof as recorded in Plat Book 117, Page 12, of the Public Records of Miami - Dade County, Florida. As to Parcel Z: (Folio Number: 28-2203-043-0010) Tract B of GILDA TRACT FIRST ADDITION, according to the Plat thereof as recorded in Plat Book 130, Page 49, of the Public Records of Miami - Dade County, Florida. LOCATION MAP ------------ ,------------ — — — — — � z i m ui� 1 i D 1 < m � 1 VE=2707TH=ST i N;COU,NTR_Y_CLUB=DR F fD*i' - = MajorRoads _ . Aventura Municipal Boundary w Q z J J 0 J EXHIBIT #: 2 DATE:05/06/2025 AGENDA ITEM(S): 1]6Y0I:i121to] ►1 Property(s): 28-2203-033-0010 28-2203-043-0010 Existing Land Use: Business & Office Proposed Land Use: Town Center Existing Zoning: B2 Proposed Zoning: TC1 City File No.: REZ2503-0001 ACP2503-0001 y vb- #—. 2A 0 0.25 0.5 1 Miles N I I I I I I I I BERCOW RADELL FERNANDEZ LARKIN + TAPANES ZONING, LMD USE AND ENNRCNVM NTAL LAW March 7, 2025 VIA ELECTRONIC MAIL 200 S. Biscayne Boulevard Mr. Keven Klopp Suite 300, Miami, FL 33131 Community Development Director City of Aventura www.brzoninglaw.com 19200 West Country Club Drive, 4th Floor Aventura, Florida 33180 305.377.6238 office 305.377.6222 fax Re: Letter of Intent — Amendment to Official Zoning Map and mmarrero@brzoninglaw.com Future Land Use Map for Cassa Residences Dear Mr. Klopp: This law firm represents Miami Off Center Associates, LLP (the "Applicant"), with regard to this application to amend the City of Aventura Zoning Map and Future Land Use Map for the properties located at 2770 NE 187 Street ("Western Parcel") and 2822, 2826, 2830, 2834, and 2850 NE 187 Street ("Eastern Parcel") (collectively referred to as the "Property") located within the municipal boundaries of the City of Aventura (the "City") to be designated as Town Center in the Future Land Use Map and TC1 in the Zoning Map. Property Description. The Property, further identified by Miami -Dade County Property Appraiser Folio Nos. 28-2203-033- 0010 (Eastern Parcel) and 28-2203-043-0010 (Western Parcel) is comprised of two (2) parcels located on the south side of NE 187 Street just west of NE 28 Court. The two parcels are currently unified through a Unity of Title, as recorded in Official Records Book 13177, Page 917 of the Public Records of Miami -Dade County. The Eastern Parcel is currently improved with a two (2) story commercial building. The Western Parcel is currently improved with a one (1) story commercial building containing the iconic Mo's Bagels & Deli. Mr. Keven Klopp Community Development Director Page 2 The Applicant seeks to develop a mixed -use project on the Eastern Parcel consisting of residential and ground floor retail uses. The Western Parcel, which currently hosts the iconic Mo's Bagels & Deli will be preserved in its current state. Section 33-77(f) of the City Code provides standards that staff and the City Commission shall consider when reviewing proposed amendments to City's Official Zoning Map. The Applicant's request addresses each of the standards as follows: (1) The proposed amendment is consistent with goals, objectives and policies of the City's Comprehensive Plan. Presently, the Property is designated as Business and Office on the Future Land Use Map. Concurrent with the rezoning request, the Applicant also seeks a redesignation to Town Center in the Future Land Use Map. With that requested designation, the proposed amendment would be consistent with the City's Comprehensive Plan. (2) The proposed zoning district is compatible with the surrounding area's zoning designation(s) and existing uses. The Property is generally surrounded by a mix of commercial and residential uses, and directly borders parcels zoned TC1, TC3, and RMF4. Therefore, a mixed -use development with residential and commercial uses would be compatible in the center of all these uses. (3) The subject property is physically suitable for the uses permitted in the proposed district. The location and size of the Property, the surrounding uses, and the Property's proximity to TC1, TC3, and RMF4 zoned properties make it especially suitable for a mixed -use development, such as is contemplated with the TC1 zoning district. (4) There are sites available in other areas currently zoned for such use. There are no sites available in other areas currently zoned for such use that will allow for the development of the proposed project. (5) If applicable, the proposed change will contribute to redevelopment of an area in accordance with an approved redevelopment plan. Not applicable. Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I mmarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 3 (6) The proposed change would adversely affect traffic patterns or congestion. Upon site plan approval, the Applicant will submit a traffic study to address any traffic impacts and would mitigate impacts as necessary. (7) The proposed change would adversely impact population density such that the demand for water, sewers, streets, recreational areas and facilities, and other public facilities and services would be adversely affected. The Applicant does not anticipate any adverse impacts to the City's infrastructure as a result of its redevelopment of the Property. Nevertheless, these issues can be further reviewed upon site plan submittal. (8) Whether the proposed change would have an adverse environmental impact on the vicinity. The Applicant does not anticipate any adverse environmental impact with the redevelopment of the Property. (9) Whether the proposed change would adversely affect the health, safety, and welfare of the neighborhood or the City as a whole. The development is only expected to enhance safety and welfare within the surrounding area. Florida Statutes provides standards for reviewing proposed amendments to the Future Land Use Map under F.S. 163.3177. The statute requires the following be analyzed when considering a change to the Comprehensive Plan Future Land Use Map: (1) The availability of facilities and services. All required services and facilities are available to this location to fulfil the level of service requirements. Any necessary capacity allocations for water, sewer, schools will be made at the time of development order approval. (2) The suitability of the plan amendment for its proposed use considering the character of the undeveloped land, soils, topography, natural resources, and historic resources on site. Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I mmarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 4 The Proposed Future Land Use Map amendment is suitable considering the Property is currently fully developed with a commercial building. (3) The minimum amount of land needed to achieve economically, socially, physically, and environmentally, and fiscally balanced development. The proposed Future Land Use Map amendment will not consume any currently undeveloped land. (4) The extent to which the development pattern of urban form discourages the proliferation of urban sprawl. The proposed Future Land Use Map amendment discourages urban sprawl by facilitating mixed -use redevelopment that will increase density and intensity in an already urban area. For all the foregoing reasons, the applicant respectfully requests your department's favorable review and recommendation of this application. Should you have any questions, comments, or require additional information, please do not hesitate to phone my direct line at (305) 377-6238. Sincerely yours, Michael J. Marrero Enclosures cc: Jeffrey Bercow Benjamin Sherry Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I mmarrero@brzoninglaw.com CITY OF AVENTURA ORDINANCE NO. 2025- AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, AMENDING THE OFFICIAL ZONING MAP BY CHANGING THE ZONING DESIGNATION OF AN APPROXIMATE 3.01 ACRE TRACT OF LAND ON THE SOUTHWEST CORNER OF NE 187 STREET AND NE 28 COURT, IDENTIFIED BY FOLIO NUMBERS 28-2203-043-0010 AND 28-2203-033- 0010, FROM "COMMUNITY BUSINESS DISTRICT (132)" TO "TOWN CENTER DISTRICT (TC1)"; PROVIDING FOR SEVERABILITY; PROVIDING FOR INCLUSION IN THE CODE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, pursuant to Chapter 31 "Land Development Regulations", Article V Development Review Procedures", Section 31-77 "Amendments to the Land Development Regulations and Official Zoning Map" of the City Code of Ordinances ("City Code"), the Applicant, Michael J. Marrero c/o Bercow Radell Fernandez Larkin & Tapanes, on behalf of Miami Off Center Associates, LLP, through Application No. REZ2503-0001, has applied to amend the Official Zoning Map of the City of Aventura ("Rezoning"), from B2, Community Business District, to TC1, Town Center District, for a 3.01 acre parcel of land located on the southwest corner of NE 187 Street and NE 28 Court, legally described in Exhibit "1 ", and further depicted on the Location Map attached as Exhibit "2", (the "Property"); and WHEREAS, the City Commission has been designated as the Local Planning Agency for the City pursuant to Section 163.3174, Florida Statutes, and as the Local Planning Agency has determined that the Rezoning is consistent with the applicable provisions of the City Comprehensive Plan; and WHEREAS, the City Commission has held the required public hearings, duly noticed in accordance with the law; and WHEREAS, the City Commission has reviewed the Rezoning application and has considered the testimony of all interested parties at the public hearings, and has determined that the Rezoning action set forth in this Ordinance is consistent with the Comprehensive Plan and furthers the health, safety and welfare of the City. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. Recitals. That the foregoing "Whereas" clauses are hereby ratified and incorporated as the legislative intent of this Ordinance. City of Aventura Ordinance No. 2025- Section 2. Official Zoning Map Amended. That pursuant to Chapter 31 "Land Development Regulations", Article V "Development Review Procedures", Section 31-77 "Amendments to the Land Development Regulations and Official Zoning Map" of the City Code of Ordinances ("City Code"), the Official Zoning Map of the City of Aventura is hereby amended to change the zoning designation for the Property, legally described in Exhibit "'I", and further depicted on the Location Map attached as Exhibit "2", from B2, Community Business District, to TC1, Town Center District. Section 3. Inclusion in the Code. That it is the intention of the City Commission, and it is hereby ordained that the Official Zoning Map of the City, a part of the City's Land Development Regulations pursuant to Section 31.4 of the Code, may be revised to reflect the approved change in zoning. Section 4. Severability. That the provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 5. Disclaimer. That pursuant to Section 166.033, Florida Statutes, all applicable state and federal permits must be obtained before commencement of the development. Issuance of this development order by the City of Aventura does not in any way create any right on the part of an applicant to obtain a permit from a state or federal agency and does not create any liability on the part of the City of Aventura for issuance of a development order if the applicant fails to obtain requisite approvals or fulfill the obligations imposed by a state or federal agency or undertakes actions that result in a violation of state or federal law. All applicable state and federal permits must be obtained before commencement of the development. This condition is included pursuant to Section 166.033, Florida Statutes, as amended. Section 6. Effective Date. That this Ordinance shall be effective upon the effective date of the ordinance adopting a concurrent small scale amendment to the Comprehensive Plan Future Land Use Map affecting the Property. Page 2 of 4 City of Aventura Ordinance No. 2025- The foregoing Ordinance was offered by Commissioner Blachman, who moved its adoption on first reading. The motion was seconded by Commissioner Bloom, and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain No Commissioner Gustavo Blachman Yes Commissioner Amit Bloom Yes Commissioner Rachel S. Friedland Yes Commissioner Paul A. Kruss Absent Vice Mayor Cindy Orlinsky Yes Mayor Howard S. Weinberg Yes The foregoing Ordinance was offered by Commissioner , who moved its adoption on second reading. The motion was seconded by Commissioner and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg PASSED on first reading this 6th day of May, 2025. PASSED AND ADOPTED on second reading this V day of June, 2025. Page 3 of 4 City of Aventura Ordinance No. 2025- ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. HOWARD S. WEINBERG, ESQ. MAYOR Page 4 of 4 Exhibit "1" LEGAL DESCRIPTION As to Parcel 1: (Folio Number: 28-2203-033-0010) Tract A of GILDA TRACT, according to the Plat thereof as recorded in Plat Book 117, Page 12, of the Public Records of Miami - Dade County, Florida. As to Parcel Z: (Folio Number: 28-2203-043-0010) Tract B of GILDA TRACT FIRST ADDITION, according to the Plat thereof as recorded in Plat Book 130, Page 49, of the Public Records of Miami - Dade County, Florida. LOCATION MAP ------------ ,------------ — — — — — � z i m ui� 1 i D 1 < m � 1 VE=2707TH=ST i N;COU,NTR_Y_CLUB=DR F fD*i' - = MajorRoads _ . Aventura Municipal Boundary w Q z J J 0 J EXHIBIT #: 2 DATE:05/06/2025 AGENDA ITEM(S): 1]6Y0I:i121to] ►1 Property(s): 28-2203-033-0010 28-2203-043-0010 Existing Land Use: Business & Office Proposed Land Use: Town Center Existing Zoning: B2 Proposed Zoning: TC1 City File No.: REZ2503-0001 ACP2503-0001 y vb- #—. 2A 0 0.25 0.5 1 Miles N I I I I I I I I CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission �l FROM: Bryan Pegues City Manager BY: Keven R. Klopp Community Development Director DATE: May 30, 2025 SUBJECT: Request by Miami Off Center LLP for a Variance to develop a Mixed - Use Project on Property Located at 2770-2850 NE 187 Street (VAR2505-0001). June 3, 2025 Local Planning Agency Meeting Agenda June 3, 2025 City Commission Meeting Agenda RECOMMENDATION It is recommended that the City Commission approve the requested variance for a proposed project located at 2770, 2822, 2826, 2830, 2834 and 2850 NE 187 Street to facilitate the mixed -use development known as Cassa Residences. THE REQUEST The applicant, Bercow, Radell, Fernandez, Larkin & Tapanes, on behalf of Miami Off Center LLP, is requesting a variance from Section 31-145(b)(1)a to permit a mixed -use development where the ratio of square feet of residential uses to commercial uses is 10.58.1, where a maximum ratio of 3:1 is required; and a variance from Section 31- 145(b)(5)f to permit: 1) a front setback of 15 feet where 25 feet is required; 2) a side street setback of 15 feet where 20 feet is required; and 3) a rear setback of 12 feet where 20 feet is required. BACKGROUND OWNER OF PROPERTY: Miami Off Center LLP NAME OF APPLICANT Michael J. Marrero, Esq. Bercow, Radell, Fernandez, Larkin & Tapanes LOCATION OF PROPERTY 2770, 2822, 2826, 2830, 2834 and 2850 NE 187 Street Folios: 28-2203-033-0010 and 28-2203-043-0010 See Exhibit #2 for Location Map SIZE OF PROPERTY 3.0175 acres +/- LEGAL DESCRIPTION Parcel 1: (Folio Number: 28-2203-033-0010) Tract A of Gilda Tract, according to the Plat thereof as recorded in Plat Book 117, Page 12, of the Public Records of Miami - Dade County, Florida. Parcel 2: (Folio Number: 28-2203-043-0010) Tract B of Gilda Tract First Addition, according to the Plat thereof as recorded in Plat Book 130, Page 49, of the Public Records of Miami - Dade County, Florida. Zoning: Subject Property B2 Community Business District Properties to the North TC1 Town Center District Properties to the South B2 Community Business District RMF4 Multifamily Medium High Density Properties to the East TC2 Town Center Marine District Properties to the West B2 Community Business District Existing Land Use — Subject Property Retail Properties to the North Mixed Use Residential Commercial Properties to the South Vacant Lands Properties to the East Marina Properties to the West Vacant lands Future Land Use — Subject Property Business and Office Properties to the North Town Center Properties to the South Business and Office Medium High Density Residential Properties to the East Town Center Properties to the West Business and Office K The Site - The site consists of 2 parcels totaling approximately 3.0175 acres of land located on the southwest corner of NE 187 Street and NE 28 Court, and accessible via two driveways located on NE 187 Street and NE 28 Court. The Project — The project proposed is a mixed -use development on the easternmost parcel featuring 208 residential units, 12,000 square feet of retail at ground level and a 7- story parking garage with 456 parking spaces. ANALYSIS Consistency with Comprehensive Master Plan — The request will be consistent with the City of Aventura Comprehensive Plan contingent to the approval of the application to change the City's Comprehensive Plan Future Land Use Map designation of the Property from Business and Office to Town Center presented concurrently for second reading and final approval. Citizen Comments — Notices were mailed and the property was posted as required by City Code. The Community Development Department has received no written citizen comments to date. Community Development Department Analysis — The Property is being rezoned to TC1, Town center Zoning District. Mixed use developments are permitted in this district. Criteria The guidelines for approval of variances as required by Section 31-76(e) of the City' s Land Development Regulation state: Standards of review. A variance shall be granted only where competent and substantial evidence presented in the particular case shows that all of the following are met- (1) The particular physical surroundings, shape, topographical condition, or other physical or environmental condition of the specific property involved would result in a particular hardship upon the owner, as distinguished from a mere inconvenience, if the regulations were carried out literally. The unique location and particular shape of the Property creates a hardship upon the owner that is remedied by the granting of these variances. (2) The conditions upon which the request for a variance is based are unique to the parcel and would not be generally applicable to other property within the vicinity. The conditions upon which the request for a variance is based are unique to the parcel and would not be generally applicable to other property within the vicinity. 191 This parcel is uniquely situated within the City and is uniquely preserving certain existing structures while redeveloping a different portion of the Property. (3) The alleged difficulty or hardship is not economic and has not been deliberately created to establish a use or structure, which is not otherwise consistent with the LDR. The hardship is not economic and has not been deliberately created. The proposed mixed use development is consistent with the Land Development Regulations. (4) The granting of the variance will not be detrimental to the public welfare or injurious to other property or improvements in the vicinity. The granting of the variance will not be detrimental to the public welfare or injurious to other property or improvements in the vicinity. The improvements to the property will positively affect other properties in the vicinity. (5) The proposed variance will not substantially increase the congestion in the public streets, or increase the danger of fire, or endanger the public safety, or substantially diminish or impair property values within the vicinity. The proposed variance will not substantially increase the congestion in the public streets, as compared to what may be developed as of right if the current zoning district is unchanged. Additionally, newer facilities will not increase the danger of fire, or endanger the public safety or substantially diminish or impair property values within the vicinity. Recommendation It is recommended that the request for variances be granted. CI LOCATION MAP EXHIBIT #: 2 -----------------------1-----------------1 � 1 a II 1 m1 .m 1 c1 _ 1 3� D 1 < 1 Z+ m 1 NE 207TH ST N COUNTRY CLUB DR ' 1 1 1 NE 203RD ST p p c 1 z a z 1 m cr —I 1 j RPg�VD 1 i AV�N � , c < W / m p F z , , / / 1 ' PN:CSwY� WILLIgM t N ; NM. F w��ra:M.cE M� N cswY� / , , / / , NE 187TH ST / NE i86TH ST / n . I I I I I O � mIlu ® / 1 m 1 Subject Property W 1ZLJI > a Ln MajorRoads If ' J �.' _ Aventura Municipal Boundary DATE: 06/03/2025 AGENDA ITEM(S): DESCRIPTION: Property(s): 28-2203-033-0010 28-2203-043-0010 City File No.: CUP2505-0001 VAR2505-0001 A0 0.25 0.5 1 Miles N I i i i I i i i I CITY OF AVENTURA RESOLUTION NO. 2025- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, GRANTING A VARIANCE FROM SECTION 31- 145(B)(1)A OF THE CITY'S LAND DEVELOPMENTS REGULATIONS TO PERMIT A MIXED USE DEVELOPMENT WHERE THE RATIO OF SQUARE FEET OF RESIDENTIAL USES TO COMMERCIAL USES IS 10.58:1 WHERE A MAXIMUM RATIO OF 3:1 IS REQUIRED; AND VARIANCE FROM SECTION 31-145(B)(5)F TO PERMIT: (1) A FRONT SETBACK OF 15 FEET WHERE 25 FEET IS REQUIRED; (2) A SIDE STREET SETBACK OF 15 FEET WHERE 20 FEET IS REQUIRED; AND (3) A REAR SETBACK OF 12 FEET WHERE 20 FEET IS REQUIRED, FOR THE PROPERTY LOCATED AT 2770, 2822, 2826, 2830, 2834 AND 2850 NE 187 STREET; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the applicant, Bercow, Radell, Fernandez, Larkin & Tapanes, on behalf of Miami Off Center LLP, through Application No. VAR2505-0001 ("Application"), is requesting a variance from Section 31-145(b)(1)a to permit a mixed -use development where the ratio of square feet of residential uses to commercial uses is 10.58.1, where a maximum ratio of 3:1 is required; and WHEREAS, the applicant, through the same Application, is requesting a variance from Section 31-145(b)(5)f to permit: 1) a front setback of 15 feet where 25 feet is required; 2) a side street setback of 15 feet where 20 feet is required; and 3) a rear setback of 12 feet where 20 feet is required; and WHEREAS, following proper notice, the City Commission held a public hearing as provided by law; and WHEREAS, the City Commission finds that the Application meets the criteria of the applicable codes and ordinances, to the extent the Application is granted herein. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. Application for Variance from Section 31-145(b)(1)a to permit a mixed -use development where the ratio of square feet of residential uses to commercial uses is 10.58.1, where a maximum ratio of 3:1 is required and variance from Section 31- 145(b)(5)f to permit: 1) a front setback of 15 feet where 25 feet is required; 2) a side street setback of 15 feet where 20 feet is required; and 3) a rear setback of 12 feet where 20 feet is required, to facilitate the redevelopment of the property legally described in Exhibit "A", is hereby granted. City of Aventura Resolution No. 2025- Section 2. The City Manager is authorized to cause the issuance of permits in accordance with the approvals and conditions herein provided and to indicate such approvals and conditions upon the records of the City. Section 3. Issuance of this development order by the City of Aventura does not in any way create any right on the part of an applicant to obtain a permit from a state or federal agency and does not create any liability on the part of the City of Aventura for issuance of the development order if the applicant fails to obtain requisite approvals or fulfill the obligations imposed by a state or federal agency or undertakes actions that result in a violation of state or federal law. All applicable state and federal permits must be obtained before commencement of the development. This condition is included pursuant to Section 166.033, Florida Statutes, as amended. Section 4. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution was offered by Commissioner who moved its adoption. The motion was seconded by Commissioner and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Paul A. Kruss Commissioner Rachel S. Friedland Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg PASSED AND ADOPTED this V day of June, 2025. Page 2 of 3 City of Aventura Resolution No. 2025- HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. Page 3 of 3 EXHIBIT "A" LEGAL DESCRIPTION Parcel 1: (Folio Number: 28-2203-033-0010) Tract A of Gilda Tract, according to the Plat thereof as recorded in Plat Book 117, Page 12, of the Public Records of Miami - Dade County, Florida. Parcel 2: (Folio Number: 28-2203-043-0010) Tract B of Gilda Tract First Addition, according to the Plat thereof as recorded in Plat Book 130, Page 49, of the Public Records of Miami - Dade County, Florida. CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Bryan Pegues City Manager BY: Keven R. Klopp Community Development Director DATE: May 30, 2025 SUBJECT: Request by Miami Off Center LLP for Conditional Use Approval for a Mixed -Use Development on Property Located at 2770-2850 NE 187 Street (CUP2505-0001) June 3, 2025 Local Planning Agency Meeting Agenda June 3, 2025 City Commission Meeting Agenda RECOMMENDATION It is recommended that the City Commission approve the requested Conditional Use for a proposed project located at 2770, 2822, 2826, 2830, 2834 and 2850 NE 187 Street to facilitate the mixed -use development known as Cassa Residences. THE REQUEST The applicant, Bercow, Radell, Fernandez, Larkin & Tapanes, on behalf of Miami Off Center LLP, is requesting Conditional Use approval pursuant to Section 31-145(b)(3)q of the City's Land Development Regulations (the "LDRs") to permit a density of 69 dwelling units per acre for a project providing Hero Housing, where the LDRs permit a maximum density of 25 dwelling units per acre; Conditional Use approval pursuant to Section 31- 145(b)(3)e of the LDRs to permit the proposed height of 17 stories (174'), where the LDRs allow a maximum height of four (4) stories (50'); and Conditional Use approval pursuant to Section 31-145(b)(3)g of the LDRs to allow minimum floor areas of 800 square feet for one bedroom units where the minimum area required is 900 square feet for the Property identified with folios 28-2203-033-0010 and 28-2203-043-0010. The applicant's Letter of Intent is attached as Exhibit #1 to this report. BACKGROUND OWNER OF PROPERTY: NAME OF APPLICANT LOCATION OF PROPERTY SIZE OF PROPERTY Miami Off Center LLP Michael J. Marrero, Esq. Bercow, Radell, Fernandez, Larkin & Tapanes 2770, 2822, 2826, 2830, 2834 and 2850 NE 187 Street Folios: 28-2203-033-0010 and 28-2203-043-0010 See Exhibit #2 for Location Map 3.0175 acres +/- See Exhibit #A for Legal Description The Property consists of 2 parcels totaling approximately 3.0175 acres of land located on the southwest corner of NE 187 Street and NE 28 Court. These two parcels, identified as 2770 NE 187 Street ("Western Parcel") and 2822, 2826, 2830, 2834, and 2850 NE 187 Street ("Eastern Parcel") are currently unified through a Unity of Title, as recorded in Official Records Book 13177, Page 917 of the Public Records of Miami -Dade County. Currently, the Property is developed with two commercial buildings of approximately 45,000 square feet of retail space. The Western Parcel, occupied by the iconic Mo's Bagels & Deli and additional retail establishments totaling 10,900 square feet, will be preserved in its current state. The Applicant is proposing to developed a mixed -use project on the Eastern Parcel. The proposed mixed -use development consists of a residential tower 17-story height featuring 208 residential units and 12,000 square feet of retail space at ground level. A seven -story parking garage, integrated to the south of the tower, will provide 456 parking spaces, featuring both indoor and outdoor residential amenities on its rooftop. The residential unit mix will include one -to three -bedroom units ranging from 800 to 1,575 square feet of floor areas. See Exhibit #3 for proposed development. The applicant had previously submitted two applications related to this request that were presented to the City Commission and approved for first reading on May 6, 2025. The first application changes the City's Comprehensive Plan Future Land Use Map designation of the Property from Business and Office to Town Center, and the second application amends the City's Official Zoning Map by changing the zoning of the property from B2, Commercial Business District, to TC1, Town Center District. These applications are on the June 3 City's Commission meeting agenda to be presented for second reading and final approval. The Local Planning Agency recommendation regarding this Conditional Use approval will be presented to City Commission concurrently with and contingent upon the approval of the above stated applications. The applicant had also submitted a request for variance that will be considered together with this request and an Administrative Site Plan Approval Application that is currently being reviewed by City staff and its consultants. K ANALYSIS Subject Property B2 Community Business District Properties to the North TC1 Town Center District Properties to the South B2 Community Business District RMF4 Multifamily Medium High Density Properties to the East TC2 Town Center Marine District Properties to the West B2 Community Business District Existing Land Use — Subject Property Retail Properties to the North Mixed Use Residential Commercial Properties to the South Vacant Lands Properties to the East Marina Properties to the West Vacant lands Future Land Use — Subject Property Business and Office Properties to the North Town Center Properties to the South Business and Office Medium High Density Residential Properties to the East Town Center Properties to the West Business and Office Access — The site is accessible via two driveways located on NE 187 Street and NE 28 Court. Standards for Review - The following is staff's evaluation of the proposed use using the criteria for approval of conditional uses found in Section 31-73(c) of the City's Land Development Regulations. 1. The proposed use shall be consistent with the Comprehensive Plan. The proposed use is consistent with the City of Aventura Comprehensive Plan. The proposed future land use designation for this parcel is Town Center and the proposed uses are consistent with the Town Center Zoning District. 2. The establishment, maintenance or operation of the proposed use shall not be detrimental to or endanger the public health, safety or general welfare. 191 The establishment, maintenance and operation of the proposed use will not be detrimental to or endanger the public health, safety or general welfare. The Applicant's proposal will activate a dated and underutilized property. 3. The proposed use shall be consistent with the community character of the immediate neighborhood of the proposed use. The proposed use is consistent with the community character of the immediate neighborhood. The immediately adjacent parcel to the south has an approval for an eighteen (18) story building and there are in total at least six (6) properties within a quarter -mile from the Property with built or approved buildings that range from eleven (11) to twenty-eight (28) stories in height. 4. Utilities, roadway capacity, drainage and other necessary public facilities, including police, fire and emergency services shall exist at the City's adopted levels of service or will be available concurrent with demand as provided forin the requirement of these LDR's. City public facilities and services will continue to operate within the required levels of service once the development is completed. 5. Adequate measures exist or shall be taken to provide ingress and egress to the proposed use in a manner that minimizes traffic congestion in the public streets. The Applicant has taken adequate measures to provide ingress and egress to the development in a manner that minimizes traffic congestion in the public streets. 6. The establishment of the conditional use shall not impede the development of surrounding properties for uses permitted in the zoning district. The conditional use will not have any detrimental effect on the ability of surrounding properties to develop with uses permitted in their zoning districts. 7. The design of the proposed use shall minimize adverse effects, including visual impacts of the proposed use on adjacent property through the use of building orientation, setbacks, buffers, landscaping and other design criteria. The design of the proposed residential building provides appealing visuals and its orientation and scale are appropriate to its location. The applicant is working with City staff to enhance the visual appeal of the building providing garage screening with metal mesh and panels in addition to other fagade enhancements. Public Hearing Notice - Notice of this public hearing has been published, posted and mailed in accordance with Section 31-71(e) of the City Code. CI RECOMMENDED CONDITIONS OF APPROVAL 1. Building permits must be consistent with drawings as submitted for site plan approval, dated May 6, 2025, and listed in Exhibit #3, unless otherwise subsequently amended by an administrative site plan approval. The referenced plans are being reviewed under Administrative Site Plan Approval regulations, the TC-1 zoning district regulations, and all other applicable regulations as provided within the City of Aventura Land Development Regulations. 2. A contribution of $1,000,000 toward the capital costs related to construction of a new charter school for the City with the following payment schedule: a. $300,000 at permit issuance b. $700,000 at Certificate of Occupancy issuance. 3. Twelve (12) Hero Housing units, physical details of which are to be finalized prior to site plan approval, and administration of which shall proceed pursuant to a HERO Housing Agreement that shall be executed prior to first permit issuance. An administrative fee of $1,000 per HERO Housing Unit proffered with the request for conditional use approval — in this case $12,000 — shall be paid within 10 days of City Commission approval of the Resolution granting the request. 4. Prior to receiving permits for any permanent structure, obtain Miami -Dade County Schools' issuance of a finding that School Concurrency has been met and pay applicable School Impact Fees. 61 EXHIBIT "A" LEGAL DESCRIPTION Parcel 1: (Folio Number: 28-2203-033-0010) Tract A of Gilda Tract, according to the Plat thereof as recorded in Plat Book 117, Page 12, of the Public Records of Miami - Dade County, Florida. Parcel 2: (Folio Number: 28-2203-043-0010) Tract B of Gilda Tract First Addition, according to the Plat thereof as recorded in Plat Book 130, Page 49, of the Public Records of Miami - Dade County, Florida. BERCOW RADELL \ FERNANDEZ LARKIN N TAPANES \ ZONING,LWUSE ANP ENVIFCNMEMAL LAW May 15, 2025 VIA ELECTRONIC MAIL 200 S. Biscayne Boulevard Mr. Keven Klopp Suite 300, Miami, FL 33131 Community Development Director City of Aventura www.brzoninglaw.com 19200 West Country Club Drive, 4th Floor Aventura, Florida 33180 305.377.6238 office 305.377.6222fax Re: Letter of Intent — Conditional Use Approval and Variances for mmarrero@brzoninglaw.com Cassa Residences Dear Mr. Klopp: We represent Miami Off Center Associates, LLP (the "Applicant"), with regard to this application for conditional use and variance approval for the properties located at 2770 NE 187 Street ("Western Parcel") and 2822, 2826, 2830, 2834, and 2850 NE 187 Street ("Eastern Parcel") (collectively referred to as the "Property") located within the municipal boundaries of the City of Aventura (the "City"). The Applicant submitted applications to amend the City Zoning Map and Future Land Use Map to redesignate the Property as Town Center on the Future Land Use Map and TC1 on the Zoning Map which received approval at First Reading by the City Commission on May 6, 2025 and is scheduled for Second Reading on June 3, 2025. The Applicant is also preparing to submit an application for Administrative Site Plan Review ("ASPR") with detailed plans for the proposed project. Property Description. The Property, further identified by Miami -Dade County Property Appraiser Folio Nos. 28-2203-033- 0010 (Eastern Parcel) and 28-2203-043-0010 (Western Parcel) is comprised of two (2) parcels located on the south side of NE 187 Street just west of NE 28 Court. The two parcels are currently unified through a Unity of Title, as recorded in Official Records Book 13177, Page 917 of the Public Records of Miami -Dade County. The Eastern Parcel is currently improved with a two (2) story commercial building. The Western Parcel is currently Mr. Keven Klopp Community Development Director Page 2 improved with a one (1) story commercial building containing the iconic Mo's Bagels & Deli. Pending Applications. As briefly noted above, the Applicant is currently processing applications to amend the City's Future Land Use Map and Zoning Map to redesignate the Property as Town Center on the Future Land Use Map and TC1 on the Zoning Map. These applications were approved by the City Commission at First Reading on May 6, 2025. Second Reading is scheduled for June 3, 2025. The following Conditional Use and Variance requests assume the approval of these applications. The Project. The Applicant seeks to develop a mixed -use project on the Eastern Parcel consisting of residential and ground floor retail uses. The building on Western Parcel, which currently hosts the Mo's Bagels & Deli will be preserved in its current state. In other words, Mo's Bagels & Deli will not be affected by this redevelopment. Specifically, the Project consists of a seventeen (17) story building with 208 residential units including a portion dedicated as HERO Housing units, 12,000 square feet of ground floor retail space, and of 527 parking spaces. The Project complies with the City's color palette provided in Section 31-233 of the Code and the sizing and massing of the Project is consistent with the surrounding area. Public Benefit. In association with the Project, the Applicant is voluntarily proffering to the City a $1,000,000 school contribution in the form of a $300,000 contribution upon issuance of building permits and $700,000 upon issuance of a Certificate of Occupancy. Requests. The Applicant respectfully requests the approval of the following requests: 1) Conditional Use Approval pursuant to Section 31-145(b)(3)(q) for a maximum density of sixty-nine (69) dwelling units per acre with HERO Housing units; 2) Conditional Use Approval pursuant to Section 31-145(b)(3)(e) for a maximum height of seventeen (17) stories; 3) Conditional Use Approval pursuant to Section 31-145(b)(3)(g) to allow one (1) bedroom unit with a floor area of 800 square feet and 815 square feet; 4) Variance from Section 31-145(b)(1) to allow a mixed -use structure with a ratio of total square feet dedicated to residential and non-residential uses of more than 3:1; and 5) Variance from Section 31-145(b)(5)(f) to allow for a front setback of fifteen feet (15') where twenty-five feet (25') is required; a street side setback of fifteen feet (15') where Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I mmarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 3 twenty feet (20') is required, and a rear setback of twelve feet (12') where twenty feet (20') is required. Conditional Use Criteria. The proposed Conditional Use addresses the criteria described in Sec. 31-73 governing Conditional uses as follows: 1. The proposed use shall be consistent with the Comprehensive Plan. The application is consistent with the goals and objectives of the Comprehensive Plan, specifically the type of uses proposed are specifically contemplated in the Town Center designation and TC1 Zoning District. 2. The maintenance and operation of the proposed use shall not be detrimental to or endanger the public health, safety, or general welfare. The proposed use will not be detrimental to or endanger public health, safety or general welfare. The Applicant's proposal will activate a dated and underutilized property with an exciting mix of uses. 3. The proposed use shall be consistent with the community character of the immediate neighborhood of the proposed use. The proposed use is consistent with community character of the immediate neighborhood. The immediately adjacent parcel to the south has an approval for a eighteen (18) story building and there are in total at least six (6) properties within a quarter -mile from the Property with built or approved buildings that range from eleven (11) to twenty-eight (28) stories in height. 4. Utilities, roadway capacity, drainage, and other necessary public facilities, including police, fire and emergency services, shall exist at the City's adopted levels of service, or will be available concurrent with demand as provided for in the requirements of theses LDRs. City public facilities and services will continue to operate within the required levels of service once the Property is completed. Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I mmarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 4 S. Adequate measures exist or shall be taken to provide ingress and egress to the proposed use in a manner that minimizes traffic congestion in the public streets. The Applicant has taken adequate measures to provide ingress and egress to the Property in a manner that that minimizes traffic congestion in the public streets. 6. The establishment of the conditional use shall not impede the development of surrounding properties for uses permitted in the zoning district. The conditional use will not have any detrimental effect on the ability of surrounding properties to develop with uses permitted in their zoning districts. 7. The design of the proposed use shall minimize adverse effects, including visual impacts, of the proposed use on adjacent property through the use of building orientation, setbacks, buffers, landscaping and other design criteria. The proposed use is designed to adequately mitigate adverse impacts, visual or otherwise, to adjacent properties. Extensive landscaping has been provided throughout the property, including the extensive activation of the site's existing water feature. Variance Criteria. The proposed variances address the criteria described in Sec. 31-76 governing variances as follows: 1. The particular physical surroundings, shape, topographical condition, or other physical or environmental condition of the specific property involved would result in a particular hardship upon the owner, as distinguished from a mere inconvenience, if the regulations were carried out literally. The unique location and particular condition of the Property creates a hardship upon the owner that is remedied by the granting of these variances. 2. The conditions upon which the request for a variance is based are unique to the parcel and would not be generally applicable to other property within the vicinity. The conditions upon which the request for a variance is based are unique to the parcel and would not be generally applicable to other property within the vicinity. This parcel is uniquely situated within the City and is uniquely preserving certain existing structures while redeveloping a different portion of the Property. Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I mmarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 5 3. The alleged difficulty or hardship is not economic and has not been deliberately created to establish a use or structure which is not otherwise consistent with the LDR. The hardship is not economic and has not been deliberately created to establish a use or structure which is not otherwise consistent with the LDR. 4. The granting of the variance will not be detrimental to the public welfare or injurious to other property or improvements in the vicinity. The granting of the variance will not be detrimental to the public welfare or injurious to other property or improvements in the vicinity. S. The proposed variance will not substantially increase the congestion in the public streets, or increase the danger of fire, or endanger the public safety, or substantially diminish or impair property values within the vicinity. The proposed variance will not substantially increase the congestion in the public streets, or increase the danger of fire, or endanger the public safety, or substantially diminish or impair property values within the vicinity. For all the foregoing reasons, the applicant respectfully requests your department's favorable review and recommendation of this application. Should you have any questions, comments, or require additional information, please do not hesitate to phone my direct line at (305) 377-6238. Sincerely yours, Y� Michael J. Marrero Enclosures Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I mmarrero@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 6 cc: Jeffrey Bercow Benjamin Sherry Bercow Radell Fernandez Larkin & Tapanes 1305.377.6238 direct 1305.377.6222 fax I mmarrero@brzoninglaw.com LOCATION MAP EXHIBIT #: 2 -----------------------1-----------------1 � 1 a II 1 m1 .m 1 c1 _ 1 3� D 1 < 1 Z+ m 1 NE 207TH ST N COUNTRY CLUB DR ' 1 1 1 NE 203RD ST p p c 1 z a z 1 m cr —I 1 j RPg�VD 1 i AV�N � , c < W / m p F z , , / / 1 ' PN:CSwY� WILLIgM t N ; NM. F w��ra:M.cE M� N cswY� / , , / / , NE 187TH ST / NE i86TH ST / n . I I I I I O � mIlu ® / 1 m 1 Subject Property W 1ZLJI > a Ln MajorRoads If ' J �.' _ Aventura Municipal Boundary DATE: 06/03/2025 AGENDA ITEM(S): DESCRIPTION: Property(s): 28-2203-033-0010 28-2203-043-0010 City File No.: CUP2505-0001 VAR2505-0001 A0 0.25 0.5 1 Miles N I i i i I i i i I 1�•?Jar-11 17605 SCARSDALE WAY BOCA RATON, FL 33496 TEL. (954) 540-3165 ASSOCIATES ARCHITECTS, PA Lic. No. AA C 000779 BOSS NW 155-STREET MIAMI-LAKES, FL 33016 P.305.826.3999 F305.826.4I55 Wwv✓.cf—hit-M.— J�` SWEDROE ARCHITECTURE 12000 BISCAYNE BLVD, SUITE 200 MIAMI, FLORIDA 33181 TEL(305) 691-2555 LANDSCAPE ARCHITECTURE: CIVIL ENGINEERING: Kiml pA orn 2 AL14AM13RA PLAZA, ST 500 CORAL GABLES, FLORIDA 33134 TEL. (786) 725-5669 Miami Off Center Associates,LLP ZONING ATTORNEY: BERCOW I J I n LKIN A I FERNANDEZ LARKIN+ TAPANES MNlW,—DWEM ExlMNM— 200 S.BISCAYNE BOULEVARD, SUITE 300 MIAMI,FL 33131 TEL.(305) 377-6232 I FAX (305) 377-6222 16690 COLLINS AVE, STE 1004 SUNNY ISLES BEACH, FL 33160 INDEX OF SHEETS ARCHITECTURE PRELIMINARY DESIGN FOR: CASSA RESIDENCES AVENTURA, FLORIDA A0.0 COVER SHEET SP-1 SITE PLAN SP-2 OPEN SPACE DIAGRAM A1.0 ZONING DATA A2.0 1ST LEVEL PLAN A24 2ND-7TH AND 7TH LEVEL PLAN A2.2 RTH LEVEL PLAN A2.3 9TH-17TH LEVEL PLAN A2A ROOF PLAN A3.0 ELEVATION A34 ELEVATION A3.2 ELEVATION A3.3 ELEVATION A4.0 RENDERING A4A RENDERING A4.2 RENDERING LANDSCAPE L-000 COVER SHEET L-100 TREE DISPOSITION PLAN OVERALL L-101 TREE DISPOSITION PLAN L-102 TREE DISPOSITION PLAN L-103 TREE LIST AND MITIGATION CALCULATIONS L-150 TREE DISPOSITION NOTES AND DETAILS L-300 GROUND LEVEL LANDSCAPE PLAN OVERALL L-301 GROUND LEVEL LANDSCAPE PLAN L-302 GROUND LEVEL LANDSCAPE PLAN L-303 GROUND LEVEL LANDSCAPE SCHEDULE L-310 AMENITY LEVEL LANDSCAPE PLAN L-311 AMENITY LEVEL LANDSCAPE SCHEDULE L-350 LANDSCAPE NOTES AND DETAILS L-351 LANDSCAPE NOTES AND DETAILS EXHIBIT "Y CIVIL C-001 COVER SHEET C-002 GENERAL NOTES C-100 DEMOLITION AND EROSION CONTROL PLAN C-101 EROSION CONTROL DETAILS C-200 HORIZONTAL CONTROL, SIGNAGE AND MARKING C-201 HORIZONTAL CONTROL DETAILS C-300 PAVING, GRADING AND DRAINAGE PLAN C-301 PAVING, GRADING AND DRAINAGE DETAILS C-400 WATER AND SEWER PLAN CITY OF AVENTURA RESOLUTION NO. 2025- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, GRANTING CONDITIONAL USE APPROVAL, PURSUANT TO SECTION 31-145(B)3 OF THE CITY CODE OF ORDINANCES, (1) TO PERMIT DENSITY OF 69 DWELLING UNITS PER ACRE FOR A PROJECT PROVIDING HERO HOUSING, WHERE THE CITY CODE PERMITS 25; (2) TO PERMIT HEIGHTS UP TO 17 STORIES (174'), WHERE THE CITY CODE PERMITS FOUR (4) STORIES (50'); AND (3) TO PERMIT MINIMUM FLOOR AREAS OF 800 SQUARE FEET FOR ONE BEDROOM UNITS, WHERE THE MINIMUM REQUIREMENT IS 900 SQUARE FEET; FOR THE PROPERTY LOCATED AT 2770, 2822, 2826, 2830, 2834 AND 2850 NE 187 STREET; PROVIDING FOR CONDITIONS OF APPROVAL; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, pursuant to Chapter 31, "Land Development Regulation", Article VII, Use Regulation, Section 31-145(b) "Town Center District (TC1)" of the City Code of Ordinances, the applicant, Bercow, Radell, Fernandez & Tapanes on behalf of Miami Off Center LLP, has applied to the City of Aventura (the "City") for Conditional Use approval (Application No. CUP2505-0001) related to the development of a mixed use project (the "Development") located at 2770-2850 NE 187 Street, in the TC1 District, as legally described in Exhibit "A" (the "Property"); and WHEREAS, pursuant to City Code Section 31-145(b)(3)q, the applicant has requested Conditional Use Approval to permit a density of 69 dwelling units per acre for a project providing HERO Housing, where the City Code permits 25; and WHEREAS, pursuant to City Code Section 31-145(b)(3)e, the applicant has requested Conditional Use Approval to permit heights up to 17 stories (174'), where the City Code permits 4 stories (50'); and WHEREAS, pursuant to City Code Section 31-145(b)(3)g, the applicant has requested Conditional Use Approval to allow floor areas of 800 square feet for one bedroom units, where City Code requires minimum floor areas of 900 square feet; and City of Aventura Resolution No. 2025- WHEREAS, following proper notice, the City Commission has held a public hearing as provided by law; and WHEREAS, the City Commission finds that the application meets the criteria of the applicable codes and ordinances, to the extent the application is granted herein, and it is in the best interest of the City to grant the request for Conditional Use Approval. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. The foregoing " WHEREAS" clauses are ratified and confirmed as being true and correct and are made a specific part of this Resolution. Section 2. The application for Conditional Use (1) to permit densities of 69 dwelling units per acre for a project providing HERO Housing, where the City Code permits 25; (2) to permit heights up to 17 stories (174'), where the City Code permit 4 stories (50'); (3) to permit floor areas of 800 square feet for one bedroom units, where City Code requires minimum floor areas of 900 square feet for the property, is hereby granted, subject to the conditions set out in Section 3 of this Resolution. Section 3. Approval of the application above is subject to the following conditions- 1 . Building permits must be consistent with drawings as submitted for site plan approval, dated May 6, 2025, and listed in Exhibit #3, unless otherwise subsequently amended by an administrative site plan approval. The referenced plans are being reviewed under Administrative Site Plan Approval regulations, the TC-1 zoning district regulations, and all other applicable regulations as provided within the City of Aventura Land Development Regulations. 2. A contribution of $1,000,000 toward the capital costs related to construction of a new charter school for the City with the following payment schedule: Page 2 of 4 City of Aventura Resolution No. 2025- a. $300,000 at permit issuance b. $700,000 at Certificate of Occupancy issuance 3. Twelve (12) HERO Housing units, physical details of which are to be finalized prior to site plan approval, and administration of which shall proceed pursuant to a HERO Housing Agreement that shall be executed prior to first permit issuance. An administrative fee of $1,000 per HERO Housing Unit proffered with the request for Conditional Use Approval — in this case $12,000 — shall be paid within 10 days of City Commission approval of the Resolution granting the request. 4. Prior to receiving permits for any permanent structure, obtain Miami -Dade County Schools' issuance of a finding that School Concurrency has been met and pay applicable School Impact Fees. Section 4. The City Manager is authorized to issue permits in accordance with the approvals and conditions herein provided and to indicate such approvals and conditions upon the records of the City. Section 5. Issuance of this development order by the City of Aventura does not in any way create any right on the part of an applicant to obtain a permit from a state or federal agency and does not create any liability on the part of the City of Aventura for issuance of the development order if the applicant fails to obtain requisite approvals or fulfill the obligations imposed by a state or federal agency or undertakes actions that result in a violation of state or federal law. All applicable state and federal permits must be obtained before commencement of the development. This condition is included pursuant to Section 166.033, Florida Statutes, as amended. Section 6. This Resolution shall become effective immediately upon its adoption. Page 3 of 4 City of Aventura Resolution No. 2025- The foregoing Resolution was offered by Commissioner , who moved its adoption. The motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Paul A. Kruss Commissioner Rachel S. Friedland Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg PASSED AND ADOPTED this V day of June, 2025. HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. Page 4 of 4 EXHIBIT "A" LEGAL DESCRIPTION Parcel 1: (Folio Number: 28-2203-033-0010) Tract A of Gilda Tract, according to the Plat thereof as recorded in Plat Book 117, Page 12, of the Public Records of Miami - Dade County, Florida. Parcel 2: (Folio Number: 28-2203-043-0010) Tract B of Gilda Tract First Addition, according to the Plat thereof as recorded in Plat Book 130, Page 49, of the Public Records of Miami - Dade County, Florida. 1�•?Jar-11 17605 SCARSDALE WAY BOCA RATON, FL 33496 TEL. (954) 540-3165 ASSOCIATES ARCHITECTS, PA Lic. No. AA C 000779 BOSS NW 155-STREET MIAMI-LAKES, FL 33016 P.305.826.3999 F305.826.4I55 Wwv✓.cf—hit-M.— J�` SWEDROE ARCHITECTURE 12000 BISCAYNE BLVD, SUITE 200 MIAMI, FLORIDA 33181 TEL(305) 691-2555 LANDSCAPE ARCHITECTURE: CIVIL ENGINEERING: Kiml pA orn 2 AL14AM13RA PLAZA, ST 500 CORAL GABLES, FLORIDA 33134 TEL. (786) 725-5669 Miami Off Center Associates,LLP ZONING ATTORNEY: BERCOW I J I n LKIN A I FERNANDEZ LARKIN+ TAPANES MNlW,—DWEM ExlMNM— 200 S.BISCAYNE BOULEVARD, SUITE 300 MIAMI,FL 33131 TEL.(305) 377-6232 I FAX (305) 377-6222 16690 COLLINS AVE, STE 1004 SUNNY ISLES BEACH, FL 33160 INDEX OF SHEETS ARCHITECTURE PRELIMINARY DESIGN FOR: CASSA RESIDENCES AVENTURA, FLORIDA A0.0 COVER SHEET SP-1 SITE PLAN SP-2 OPEN SPACE DIAGRAM A1.0 ZONING DATA A2.0 1ST LEVEL PLAN A24 2ND-7TH AND 7TH LEVEL PLAN A2.2 RTH LEVEL PLAN A2.3 9TH-17TH LEVEL PLAN A2A ROOF PLAN A3.0 ELEVATION A34 ELEVATION A3.2 ELEVATION A3.3 ELEVATION A4.0 RENDERING A4A RENDERING A4.2 RENDERING LANDSCAPE L-000 COVER SHEET L-100 TREE DISPOSITION PLAN OVERALL L-101 TREE DISPOSITION PLAN L-102 TREE DISPOSITION PLAN L-103 TREE LIST AND MITIGATION CALCULATIONS L-150 TREE DISPOSITION NOTES AND DETAILS L-300 GROUND LEVEL LANDSCAPE PLAN OVERALL L-301 GROUND LEVEL LANDSCAPE PLAN L-302 GROUND LEVEL LANDSCAPE PLAN L-303 GROUND LEVEL LANDSCAPE SCHEDULE L-310 AMENITY LEVEL LANDSCAPE PLAN L-311 AMENITY LEVEL LANDSCAPE SCHEDULE L-350 LANDSCAPE NOTES AND DETAILS L-351 LANDSCAPE NOTES AND DETAILS EXHIBIT "Y CIVIL C-001 COVER SHEET C-002 GENERAL NOTES C-100 DEMOLITION AND EROSION CONTROL PLAN C-101 EROSION CONTROL DETAILS C-200 HORIZONTAL CONTROL, SIGNAGE AND MARKING C-201 HORIZONTAL CONTROL DETAILS C-300 PAVING, GRADING AND DRAINAGE PLAN C-301 PAVING, GRADING AND DRAINAGE DETAILS C-400 WATER AND SEWER PLAN CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Bryan Pegues City Manager J BY: Keven R. Klopp ; W Community Development Director DATE: May 30, 2025 SUBJECT: Request by Aventura Opportunity Owner LLC for a Second Modification to a Previously Approved Conditional Use for a Mixed - Use Development on Property Located at 20801-20807 Biscayne Boulevard (CUP2111- 0001- REV II) June 3, 2025 Local Planning Agency Meeting Agenda June 3, 2025 City Commission Meeting Agenda RECOMMENDATION It is recommended that the City Commission approve the requested modification to a previously approved Conditional Use for a proposed project located at 20801-20807 Biscayne Boulevard to facilitate the mixed -use development known as Aventura Corporate Center. THE REQUEST The applicant, Bercow, Radell, Fernandez, Larkin & Tapanes, on behalf of Aventura Opportunity Owner, LLC, is requesting a second modification to a previously approved Conditional Use pursuant to Section 31-145(e)(4)p of the City's Land Development Regulations (the "LDRs") to permit a density of 65 dwelling units per acre, where the LDRs permit a maximum density of 25 dwelling units per acre; Conditional Use approval pursuant to Section 31-145(e)(4)b of the LDRs to permit the proposed heights of 29 stories (311'), where the LDRs allow a maximum height of 10 stories (100'); Conditional Use approval pursuant to Section 31-145(e)(4)e of the LDRs to allow floor areas ranging from 500 square feet to 1,250 square feet, for one to four bedroom units, where City Code requires minimum floor areas ranging from 800 square feet to 1,350 square feet; and Conditional Use approval pursuant to Section 31-145(e)(4)i of the LDRs to permit 1,709 parking spaces, where 2,271 spaces are required by Code in accordance with a shared parking allowance based upon the mix of uses proposed for the property. The applicant's Letter of Intent is attached as Exhibit #1 to this report. BACKGROUND OWNER OF PROPERTY: NAME OF APPLICANT LOCATION OF PROPERTY SIZE OF PROPERTY Aventura Opportunity Owner, LLC Michael J. Marrero, Esq. Bercow, Radell, Fernandez, Larkin & Tapanes 20801, 20803, 20805, and 20807 Biscayne Boulevard Folio Numbers: 28-1234-079-0010 04-115PACE, d1yL0X1I1y4( 28-1234-079-0025 See Exhibit #2 for Location Map 10.53 acres +/- See Exhibit #A for Legal Description The Property consists of 3 parcels totaling approximately 10.53 acres of land located on the east side of Biscayne Boulevard between NE 207 Street and NE 209 Street, bounded by NE 30 Avenue on the east. An existing office complex known as Aventura Corporate Center and the AC Hotel by Marriott currently operate at the site. The applicant had previously submitted an application to amend section 31-145(e) of the Land Development Regulations (LDRs) to allow multifamily residential uses with a maximum density of 70 dwelling units per acre, for developments that provide residential units as HERO Housing subject to conditional use approval. The code amendment was approved on first reading. This application for Conditional Use approval will be considered concurrently and contingent upon the approval of the second reading of the LDR amendment. If these two applications are approved, the next step for the Applicant will be to apply for Administrative Site Plan Approval (ASPA). The proposed mixed -use development consists of three residential towers 311-feet height connected by a collective podium of 8 stories featuring retail, residential amenities and parking areas. The two towers located on the north side of the Property are further connected beginning at level twenty-three and spanning up to the roof; this bridge will feature additional residential units and a rooftop pool. The project will add to the Property a total of 675 residential units, 39,000 square feet of retail and 1,000 parking spaces. ANALYSIS Future Land Use Designation Subject Property: Property to the North: Property to the South: Property to the East: Property to the West: Town Center Business and Office Town Center Business and Office Medium -High Density Residential Business and Office K Zoning Subject Property: TC4 — Town Center Office Park Mixed -Use District Properties to the West: B1 - Community Business District MO — Medical Office District Properties to the East: RS2 — Single Family Residential Properties to the North: B2 - Community Business District OP — Office Park District Properties to the South: TC3 - Town Center Neighborhood District B2 — Community Business district Existing Land Use Subject Property: Existing Office Park and Hotel Properties to the North: Offices and Mixed Use Properties to the South: Retail and Mixed Use Properties to the East: Residential Properties to the West: Hospital and Retail Access — The site is accessible via four driveways. Two of these driveways are located on NE 207 Street while the other two are situated on NE 209 Street. Standards for Review - The following is staff's evaluation of the proposed use using the criteria for approval of conditional uses found in Section 31-73(c) of the City's Land Development Regulations. 1. The proposed use shall be consistent with the Comprehensive Plan. The proposed use is consistent with the City of Aventura Comprehensive Plan. The future land use designation for this parcel is Town Center. 2. The establishment, maintenance or operation of the proposed use shall not be detrimental to or endanger the public health, safety or general welfare. The establishment, maintenance and operation of the proposed use will not be detrimental to or endanger the public health, safety or general welfare. The Applicant's proposal will activate a dated and underutilized property. 3. The proposed use shall be consistent with the community character of the immediate neighborhood of the proposed use. The immediate neighborhood is comprised of mixed -use, office and residential developments. The project design standards are consistent and complement developments such as the existing Park Square and upcoming Centtral. 4. Utilities, roadway capacity, drainage and other necessary public facilities, including police, fire and emergency services shall exist at the City's adopted levels of service or will be available concurrent with demand as provided for in the requirement of these LDR's. 191 City public facilities and services will continue to operate within the required levels of service once the development is completed. 5. Adequate measures exist or shall be taken to provide ingress and egress to the proposed use in a manner that minimizes traffic congestion in the public streets. The Applicant has taken adequate measures to provide ingress and egress to the development in a manner that minimizes traffic congestion in the public streets. 6. The establishment of the conditional use shall not impede the development of surrounding properties for uses permitted in the zoning district. The establishment of this use will not impede the development of surrounding properties for uses permitted in the zoning district. 7. The design of the proposed use shall minimize adverse effects, including visual impacts of the proposed use on adjacent property through the use of building orientation, setbacks, buffers, landscaping and other design criteria. The design of the proposed residential building provides appealing visuals and its orientation and scale are appropriate to its location facing Biscayne Boulevard. Extensive landscape has been provided, including the extensive activation of the site's existing water feature. Public Hearing Notice - Notice of this public hearing has been published, posted and mailed in accordance with Section 31-71(e) of the City Code. RECOMMENDED CONDITIONS OF APPROVAL 1. Building permits must be consistent with drawings as submitted for Workshop, dated April 17, 2025, and listed in Exhibit #3, unless otherwise subsequently amended by an administrative site plan approval. The referenced plans will be reviewed under Administrative Site Plan Approval regulations, the TC-4 zoning district regulations, and all other applicable regulations as provided within the City of Aventura Land Development Regulations. 2. Concurrent with the issuance of a certificate of occupancy of any kind (i.e. temporary or final) a shuttle service specifically to and from the Brightline station will be provided to residents of the development by the owners/operators of the building. 3. A contribution of $3,000,000 toward the capital costs related to construction of a new charter school for the City with the following payment schedule: a. $750,000 at site plan approval b. $750,000 at permit issuance c. $1,500,000 at Certificate of Occupancy issuance. 4. Additional contribution to the City to offset the impacts of the development in the amount of $1,250,000 shall be made as follows: A) credit of $72,000 already paid pursuant to Resolution 2022-09 (which is superseded by this 4 Resolution), B) a payment of $72,000 to be paid within 10 days of City Commission approval of this current resolution C) a payment of $221,200 at permit issuance for the first primary structure, and D) four more payments of $221,200 on the anniversary date of the payment made pursuant to 4C. ($72,000 +$72,000 + $221,200 x 5 = $1,250,000) 5. Twenty (20) Hero Housing units, physical details of which are to be finalized prior to site plan approval, and administration of which shall proceed pursuant to a HERO Housing Agreement that shall be executed prior to first permit issuance. An administrative fee of $1,000 per HERO Housing Unit proffered with the request for conditional use approval — in this case $20,000 — shall be paid within 10 days of City Commission approval of the Resolution granting the request. 6. Twenty-five (25) community cars and fifty (50) bicycles for the use of residents of the development. 7. The number of residential units allowed in the development with less than 600 Square Feet is limited to 104. This condition shall be enforced by zoning review during the permit process. 8. A deed restriction, in a form approved by the City Attorney, will be recorded agreeing that the property, and residential units thereon, will comply with the City's restriction on short term rentals, which states that any rental for less than 90 days is considered a hotel. (Hotel use is not included in the project being approved with this conditional use) 9. Prior to receiving permits for any permanent structure, obtain Miami -Dade County Schools' issuance of a finding that School Concurrency has been met and pay applicable School Impact Fees. 61 wrlwa-marN LEGAL DESCRIPTION f\.Wwep k,j . $» $:�-�<� $: �.2 2:-�§$-,e-�.:? 2<- �<§$-■§e<- �� .:..e: �-:�$-■°■ .- �� ■e e � | �. •�«: ». . ' ; <�e-■< ¥�.:�.. ■k$< <e . >e» ■� ;<. ..e-<-�-� �- ■�<�- ■°■ �:°e. e » BEGIN AT THE MOST N$,» NORTHWEST CORNER OF SAID TRAT ATHENCE » *■' ■3| LONG THE»O'T LINE$°SAID TRACT "A",FOR °<.■■ FEET; THENCE : 11 '9,. 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OF S' ■ TRACTSAID LINE ALSO BEING EASTERLY STE.RIGHT-OF-WAY LIN? e°■ : A©? BOULEVARD (STATE RO■ U.S. NO. FOR 363.12 FEET; THENCE N ,°; < A.e.< THE NORTHWESTERLYLINE eFSAID T-AFOR 27.03 � �e ��°-e »� e� ■°< AND LESSTHAT PORTION $». <$.e NORWICH AVENTURA 11 LLC, DELAWARE LIMITED LIABILITY e ®' BY SPECIAL WARRANTYDEED,-<§e-■°■ ■<.2 BE ; : 4 OFFICIAL REe°DS BOOK «*:4 AT PAGE 3641, OF » THE PUBLIRECORDS FMIA ■*■° COUNTY, FLORIDA,MORE PARTICULARLY ■SCRIB ■ ASFOLLOWS: ■<2 . �. ..$ 2 �.$,». �.$� . . .$». :, $>§� $.,�.. � » &&,�$.& : #S4+sg«$>, ALONG THE NORTHOF ! FOR 556.00 ' • FOR 335.30 FEET; THENCE S 00'43'51 " E FOR 18.03 FEET TO THE POINT OF BEGINNING OF THE HEREINAFTER DESCRIBED PARCEL OF LAND; THENCE CONTINUES 00'43'51 " E FOR 187.14 FEET TO A POINT OF • OF • • iCOURSES BEING ALONG THE SOUTHERLY AND EASTERLY BOUNDARY OF SAID TRACT "A"; (1) THENCE S 01 44FOR 73.05 FEET TO . POINT OF CURVATURE;• . ALONG . 1438.00 FOOT RADIUS CURVE LEADING TO THE LEFT THROUGH A CENTRAL ANGLE OF 04011'01" FOR AN ARC . OF 1 11 1 •1 FOR , 11 FEET; (4) THENCE S ' FOR 35.00 1 '1 FOR 45.00 FEET TO A POINT ON CIRCULAR CURVE WHOSEAR POINT BEARS 1.' •SOUTHEASTERLY ALONG A 1438.00 FOOT RADIUS CURVE LEADING TO THE LEFT, THROUGH A CENTRAL ANGLE OF 140/ FOR AN ARC DISTANCE OF . TO A POINT OF • '• (7) THENCE EASTERLY AND NORTHERLY ALONG A 25.00 FOOT RADIUS CURVE LEADING TO THE LEFT, THROUGH A CENTRAL ANGLE OF 94045'02" FOR AN ARC DISTANCE OF 41.34 FEET TO A POINT OF " 1 FOR 254.38 ; 00 FOR FOR 30.60 014FOR 86.00 4871-4053-9419, v. 1 BERCOW DELL FERNANDEZ April 18, 2025 LARKIN + TAPANES FN T iA%V VIA ELECTRONIC MAIL 200 S. Biscayne Boulevard Mr. Keven Klopp Suite 300, Miami, FL 3 1.31 Community Development Director City of Aventura www.brzoninglaw.com 19200 West Country Club Drive, 4th Floor Aventura, Florida 33180 3fi5.3/i.62'3$ office 30s.37;.6222 fax Re: Letter of Intent — Amendment to Text of Land Development mmarrero@brzoningla,(v.com Regulations and Modification to Previous Conditional Use Approval for Property located at 20801 — 20807 Biscayne Boulevard Dear Mr. Klopp: This law firm represents Aventura Property Owner, LLC (the "Applicant"), with regard to applications to amend the text of the Land Development Regulations ("LDRs") of the City of Aventura (the "City") Code of Ordinances (the "Code") and a modification to a previous conditional use approval for the properties located at 20801 and 20803 Biscayne Boulevard ("Western Parcel") and 20807 Biscayne Boulevard ("Northeast Parcel"), as well as 20805 Biscayne Blvd (the "Hotel Parcel") (collectively referred to as the "Property") located within the municipal boundaries of the City. Property Description. The Property is located on the east side of Biscayne Boulevard, bounded by NE 207 Street on the south, NE 209 Street on the north, and NE 30 Avenue on the east. The Miami -Dade County Property Appraiser has assigned three folio numbers to the Property. The Western Parcel is further identified by folio no. 28-1234-079-0010, the Northeast Parcel is further identified by folio no. 28-1234-079-0020, and the Hotel Parcel is further identified by folio no. 28-1234-079-0025. The Applicant's holdings consist of the Western Parcel and Northeast Parcel. The Hotel Parcel is not a part of the Applicant's holdings but is a part of the Property and application area. The Hotel Parcel is legally bound to the remainder of the Property through a Covenant in Lieu of Unity of Title. The Hotel Parcel currently contains a 233- unit, 191,674 square foot AC Hotel. Finally, the Property forms a Mr. Keven Klopp Community Development Director Page 2 portion of a single platted lot, as recorded in Plat Book 158, Page 47 of the Public Records of Miami -Dade County, Florida. Previous Approvals. Between 2021 and 2022, the Property received various approvals, including an amendment to the Future Land Use Map ("FLUM") of the City's Comprehensive Plan changing the Property's FLUM designation, an amendment to the City's Zoning Map rezoning the Property, Conditional Use Approval, and Administrative Site Plan Approval in connection with a new development at the Property (the "Approved Project"). In 2023, through Resolution No. 2023-44, the Approved Project was modified through a subsequent Conditional Use Approval and additional Administrative Site Plan Approval. On May 3, 2024, this approval was extended through a notification letter of statutory tolling and extension, extending the validity of this approval until June 11, 2030. This Letter requests in part the modification of this Conditional Use Approval. See Exhibit A, Resolution No. 2023-44. For the avoidance of doubt, the current, extended expiration date of the Conditional Use Approval (i.e., June 11, 2030) will apply to, and be operative for, the amendment to the Conditional Use Approval requested hereby. Facilitated by these approvals, the Approved Project consists of a mixed -use project with a focus on office uses, as well as retail, residential, and community uses including outdoor walkable areas, consisting of 495 multifamily residential units on the western portion of the site located in two new buildings connected by a bridge. The Approved Project includes 100,338 square feet of office space and 38,617 gross square feet of retail. The Approved Project retains the two (2) existing office buildings in the middle of the Property and the office building on the east side of the Property. The Approved Project retains and activates the water feature on the south of the Property between the southernmost parking structure and the southernmost office building, including a bridge, outdoor vending for restaurants and retail uses, as well as the ability for special events and entertainment. The Approved Project consists of two (2) towers, twenty- four (24) stories (260 feet) and nineteen (19) stories (210 feet) in height. The Project. The Applicant now seeks the approval of these applications in connection a reimagined project that preserves the ethos of the Approved Project while elevating the design and final product substantially (the "Project"). The Project is intentionally designed with the goal of establishing a local landmark for the surrounding areas and travelers far and wide, enhancing the existing community, and establishing a new community for relationships and memories to flourish. Bercow Radeli Fernandez Larkin & Tapanes 1 305.377.6238 direct 305.377.6222 fax . \Aivlarrero@brzonin.glaw corn Mr. Keven Klopp Community Development Director Page 3 Specifically, the Project proposes a mixed -use development consisting of 675 multifamily units located in three (3) residential towers 311 feet and twenty-nine (29) stories in height. The towers are connected by a collective podium that encompasses the first eight (8) stories of the towers and consists of the main plaza and retail units on the ground level, private amenities for residents on levels seven (7), eight (8), and a portion of nine (9), and parking throughout the remainder of the podium levels. The two (2) towers located on the north side of the Property are further connected beginning level twenty-three (23) spanning up to the roof forming a rooftop bridge across the towers. This bridge consists of residential units from levels twenty-three (23) to twenty-seven (27) and a private pool for residents on the rooftop spanning the length of the two (2) towers. Finally, the Project provides a total of 1,709 parking spaces, The Project occupies a similar footprint to that of the Approved Project. The Project further includes 254,496 gross square feet (219,708 net square feet) of existing office space and 39,000 gross square feet of new retail space. The Project proposes lush landscaping and the activation of the existing water feature with outdoor vending for restaurants and retail uses. The outdoor spaces, and the Project as a whole, is expertly designed with the intention of creating a uniquely beautiful aesthetic paradise, ergonomically designed to promote and encourage pleasure and community. The Applicant will subsequently submitting an application for site plan approval for the Project. Public Benefits. In connection with these applications, the Applicant is proffering the following public benefits: 1) $3,000,000 school contribution with the following payment schedule: a. $750,000 at site plan approval b. $750,000 at construction permit c. $1,500,000 at Certificate of Occupancy; 2) $1,250,000 additional school contribution (formerly Freebee contribution); 3) Fifty (50) shared bicycles; 4) Twenty-five (25) community cars; 5) Brightline Shuttle; 6) Twenty (20) HERO Housing units; and Bercow Radell Fernandez Lai"kin & Tapanes ; 305,377.6238 direct ; 305.377 6222 tax 1 Warrero@brzoninalaw corn Mr. Keven Klopp Community Development Director Page 4 7) Public open space available to the community. Requests. The Applicant seeks approval of the following requests: 1) Amendment to the City's LDRs for TC-4 to permit up to 70 dwelling units per acre for projects that provide residential units as HERO Housing, with Conditional Use Approval as follows: Section 31-145(e)(1) Purpose. This district is intended to provide suitable sites for the development of structures and sites combining residential and commercial uses in a well -planned and compatible manner, emphasizing office uses with direct access to Biscayne Boulevard. Any approved site plan in this district shall provide a significant amount of office space as part of its commercial uses. Residential densities shall not exceed -58 70 dwelling units per gross acre and non-residential intensity shall not exceed a floor area ratio of 2.0. Section 31-145(e)(4)(o) o. Residential uses that exceed 25 dwelling units per acre, but not to exceed IS8 70 units per acre. Section 31-145(e)(4)(p) p. For projects that provide residential units as HERO Housing, increased density above 25 units per acre up to -5,0 70 units per acre. 2) Modification of the previous Conditional Use Approval approved though Resolution No. 2023-44: Modification of the ownership entity provided in the previous Conditional Use Approval to reflect the new ownership entity, Aventura Property Owner, LLC. 2. Conditional Use Approval to obtain the additional requested density of 70 units per acre. Bercow Radell FernanCez Larkin & Tapar:es 305 377.6238 direct 305.37I 7 6222 fax i Llfviarrere@brzcr:inglav✓ corr. Mr. Keven Klopp Community Development Director Page 5 3. Conditional Use Approval to allow for a maximum height of 311 feet and twenty-nine (29) stories. 4. Conditional Use Approval for 30% parking reduction to allow for 1,709 spaces where 2,271 spaces are required. S. Conditional Use Approval to allow for reduced unit sizes of 500-600 square feet for one (1) bedroom units, 800 square feet for two (2) bedroom units, 1,050 square feet for three (3) bedroom units, and 1,250 square feet for four (4) bedroom units. LDR Amendment Criteria. Section 31-77(g) of the City Code provides standards that staff and the City Commission shall consider when reviewing proposed amendments to City's LDRs. The Applicant's request addresses each of the standards as follows: (1) The proposed amendment is legally required. The proposed amendment is legally required to allow for the development of the Project. (2) The proposed amendment is consistent with the goals and objectives of the Comprehensive Plan. The proposed amendment is consistent with the goals and objectives of the Comprehensive Plan. (3) The proposed amendment is consistent with the authority and purpose of the LDR. The proposed amendment is consistent with the authority and purpose of the LDR and allows for the proliferation of HERO housing as encouraged by the Code at a level that is compatible with the surrounding area. (4) The proposed amendment furthers the orderly development of the City. The proposed amendment furthers the orderly development of the City by enabling a project that is consistent with the intent and purpose of the Town Center land use and zoning designations. (5) The proposed amendment improves the administration or execution of the development process. Berco,w Raciall Fernandez Larkin & Tapanes 1 305 377.8238 direct , 305.377 6222 fax j Mmarrero@brzoninglaw com Mr. Keven Klopp Community Development Director Page 6 The proposed amendment will improve the administration or execution of the development process by enabling the development of a higher quality project that better embodies the intent and purpose of the Code. Conditional Use Criteria. The proposed Conditional Use addresses the criteria described in Sec. 31-73 governing Conditional uses as follows: 1. The proposed use shall be consistent with the Comprehensive Plan. The application is consistent with the goals and objectives of the Comprehensive Plan, specifically the type of uses proposed are specifically contemplated in the Town Center designation and TC4 Zoning District. 2. The maintenance and operation of the proposed use shall not be detrimental to or endanger the public health, safety, or general welfare. The proposed use will not be detrimental to or endanger public health, safety or general welfare. The Applicant's proposal will activate a dated and underutilized property with an exciting mix of uses. 3. The proposed use shall be consistent with the community character of the immediate neighborhood of the proposed use. The proposed use is consistent with community character of the immediate neighborhood. It will serve as a natural continuation of the Park Square project to the south, which contains a similar mixed use character. 4. Utilities, roadway capacity, drainage, and other necessary public facilities, including police, fire and emergency services, shall exist at the City's adopted levels of service, or will be available concurrent with demand as provided for in the requirements of theses LDRs. City public facilities and services will continue to operate within the required levels of service once the Property is completed. S. Adequate measures exist or shall be taken to provide ingress and egress to the proposed use in a manner that minimizes traffic congestion in the public streets. Bercow Radell Fernancez Larkin & Tepanes 1 305 377.3238 direct 305.377 6222 fax ; Marrero@brzoningiaw com Mr. Keven Klopp Community Development Director Page 7 The Applicant has taken adequate measures to provide ingress and egress to the Property in a manner that that minimizes traffic congestion in the public streets. 6. The establishment of the conditional use shall not impede the development of surrounding properties for uses permitted in the zoning district. The conditional use will not have any detrimental effect on the ability of surrounding properties to develop with uses permitted in their zoning districts. 7. The design of the proposed use shall minimize adverse effects, including visual impacts, of the proposed use on adjacent property through the use of building orientation, setbacks, buffers, landscaping and other design criteria. The proposed use is designed to adequately mitigate adverse impacts, visual or otherwise, to adjacent properties. Extensive landscaping has been provided throughout the property, including the extensive activation of the site's existing water feature. For all the foregoing reasons, the applicant respectfully requests your department's favorable review and recommendation of this application. Should you have any questions, comments, or require additional information, please do not hesitate to phone my direct line at (305) 377-6238. Sincerely yours, Michael J. Marrero Enclosures cc: Jeffrey Bercow Benjamin Sherry Bercow Radell Fernandez Larkin & Tapanes 1 305 377.6238 direct 1305.377 6222 fax I MMarrera@brzoninglaw.com Mr. Keven Klopp Community Development Director Page 8 Bercow Radell Fernandez Larkin & Tapanes 1305,377.8238 direct i 305.377 6222 fax', MMarrero@brzoningiaw corn CITY OF AVENTURA RESOLUTION NO. 2023-44 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, GRANTING CONDITIONAL USE APPROVAL, PURSUANT TO SECTION 31-145(E) OF THE CITY CODE OF ORDINANCES, (1) TO PERMIT A DENSITY OF 47 DWELLING UNITS PER ACRE, WHERE THE CITY CODE PERMITS 25; (2) TO PERMIT HEIGHTS UP TO 24 STORIES (260'), WHERE THE CITY CODE PERMITS 10 STORIES (100'); (3) TO PERMIT UNITS WITH FLOOR AREAS NO LOWER THAN 658 SQUARE FEET WHERE THE MINIMUM REQUIREMENT IS 900 SQUARE FEET; AND (4) TO PERMIT 1,690 PARKING SPACES, WHERE 2,112 SPACES ARE REQUIRED BY THE CITY CODE FOR THE PROPERTY LOCATED AT 20801-20807 BISCAYNE BOULEVARD; PROVIDING FOR CONDITIONS OF APPROVAL; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, pursuant to Chapter 31, "Land Development Regulations", Article VII, Use Regulation, Section 31-145(e) "Town Center Office Park Mixed Use (TC4) District" of the City Code of Ordinances, the Applicant, Bercow, Radell, Fernandez & Tapanes on behalf of Aventura Opportunity Owner LLC, has applied to the City of Aventura (the `City") for the modification of a previously approved Conditional Use approval (Application No. CUP2111- 0001) related to the development of a mixed use project (the "Development") located at 20801-20807 Biscayne Boulevard, in the TC4 District, as legally described in Exhibit "A" (the "Property"); and WHEREAS, pursuant to City Code Section 31-145(e)(4)o, the Applicant has requested Conditional Use Approval to permit a density of 47 dwelling units per acre, where the City Code permits 25; and WHEREAS, pursuant to City Code Section 31-145(e)(4)b, the Applicant has requested Conditional Use Approval to permit heights up to 24 stories (260'), where the City Code permits 10 stories (100')-, and WHEREAS, pursuant to City Code Section 31-145(e)(4)e, the Applicant has requested Conditional Use Approval to allow floor areas ranging from 658 SF to 945 SF for one and two -bedroom units, where the City Code requires minimum floor areas ranging from 900 SF to 1,050 SF for these units; and WHEREAS, pursuant to City Code Section 31-145(e)(4)i, the Applicant has requested Conditional Use Approval to permit 1,690 parking spaces (in accordance with a shared parking allowance based upon the mix of uses proposed for the property), where 2,112 spaces are required by Code; and City of Avcntura Resolution No. 2023-44 WHEREAS, following proper notice, the City Commission has held a public hearing as provided by law; and WHEREAS, the City Commission finds that the Application meets the criteria of the applicable codes and ordinances, to the extent the Application is granted herein, and it is in the best interest of the City to grant the request for Conditional Use Approval. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. The foregoing " WHEREAS" clauses are ratified and confirmed as being true and correct and are made a specific part of this Resolution. Section 2. The application for Conditional Use (1) to permit densities of 47 dwelling units per acre, where the City Code permits 25; (2) to permit heights up to 24 stories (260'), where the City Code permit 10 stories (100'), (3) to permit floor areas that are less than the minimum required by the City Code; and (4) to permit 1,690 parking spaces (in accordance with a shared parking allowance based upon the mix of uses proposed for the property), where the City Code requires 2,112 spaces for the Property is hereby granted, subject to the conditions set out in Section 3 of this Resolution. Section 3. Approval of the application above is subject to the following conditions: 1. Building permits must be consistent with drawings as submitted on May 3, 2023 and listed in Exhibit B, unless otherwise subsequently amended by an administrative site plan approval. The referenced plans are being reviewed under Administrative Site Plan Approval regulations, the TC-4 zoning district regulations, and all other applicable regulations as provided within the City of Aventura Land Development Regulations. 2. Contribution toward the expansion of the City's Freebee circulator service in the amount of $125,000 per year for 10 years with the first payment due before the issuance of the first permit for the project and each of the next 9 payments due on the respective anniversary date of the first payment. 3. Concurrent with the issuance of a certificate of occupancy of any kind (i_e. temporary or final) a shuttle service specifically to and from the Brightline station will be provided to residents of the development by the owners/operators of the building. 4. A contribution of $250,000 toward the capital costs related to construction of a new charter school for the City will be made prior to the issuance of a permit for vertical construction of any residential building. A second contribution of $250,000 for the same purpose will be made by the 5-year anniversary of the first payment. Page 2 of 4 City of Aventura Resolution No. 2023-44 5. A deed restriction, in a form approved by the City Attorney, will be recorded agreeing that the property, and residential units thereon, will comply with the City's restriction on short term rentals, which states that any rental for less than 90 days is considered a hotel. (Hotel use is not included in the project being approved with this conditional use) 6. Prior to receiving permits for any permanent structure, obtain Miami -Dade County Schools' issuance of a finding that School Concurrency has been met and pay applicable School Impact Fees. Section 4. The City Manager is authorized to issue permits in accordance with the approvals and conditions herein provided and to indicate such approvals and conditions upon the records of the City. Section 5. Issuance of this development order by the City of Aventura does not in any way create any right on the part of an applicant to obtain a permit from a state or federal agency and does not create any liability on the part of the City of Aventura for issuance of the development order if the applicant fails to obtain requisite approvals or fulfill the obligations imposed by a state or federal agency or undertakes actions that result in a violation of state or federal law. All applicable state and federal permits must be obtained before commencement of the development. This condition is included pursuant to Section 166.033, Florida Statutes, as amended. Section 6. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution was offered by Commissioner Friedland, who moved its adoption. The motion was seconded by Commissioner Kruss, and upon being put to a vote, the vote was as follows: Commissioner Rachel S. Friedland No Commissioner Billy Joel Yes Commissioner Paul A. Kruss Yes Commissioner Dr. Linda Marks No Commissioner Michael Stern Yes Vice Mayor Amit Bloom Yes Mayor Howard S. Weinberg Yes Page 3 of 4 City of Avcntura Rcsolution No. 2023-44 PASSED AND ADOPTED this 5t" day of September, 2023. vV HOWARD S. WEINBERG, E Q_ MAYOR ATTEST: ELLISA L. HORVATfT, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY- CITY`ArTTOR E''— This Resolution was filed in the Office of the City Clerk this 5th day of September, 2023. ELLISA L. HORVATH, MMC CITY CLERK Page 4 of 4 EXHIBIT "A" LEGAL DESCRIPTION PARCEL ONE: A PORTION OF TRACT "A", OF "AVENTURA CORPORATE CENTER", ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 158, AT PAGE 47, OF THE PUBLIC RECORDS OF MIAMI- DADE COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGIN AT THE MOST NORTH, NORTHWEST CORNER OF SAID TRACT "A"; THENCE N 88-10,38" E, ALONG THE NORTH LINE OF SAID TRACT "A", FOR 556.00 FEET; THENCE S 11 °19'21" W FOR 335.30 FEET; THENCE S 00°43'51" E FOR 205.15 FEET TO A POINT ON THE SOUTHERLY LINE OF SAID TRACT "A"; THENCE N 78°02'44" W, ALONG THE SOUTHERLY LINE OF SAID TRACT "A", FOR 652.55 FEET; THENCE N 28°31'25" W, ALONG THE SOUTHWESTERLY LINE OF SAID TRACT "A", FOR 35.00 FEET; THENCE N 22043'18" E, ALONG THE WESTERLY LINE OF SAID TRACT "A", SAID LINE ALSO BEING THE EASTERLY RIGHT-OF-WAY LINE OF BISCAYNE BOULEVARD (STATE ROAD U.S. NO. 1), FOR 363.12 FEET; THENCE N 55°26'58" E, ALONG THE NORTHWESTERLY LINE OF SAID TRACT "A", FOR 27.03 FEET TO THE POINT OF BEGINNING. PARCEL TWO: TRACT "A", OF AVENTURA CORPORATE CENTER, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 158, AT PAGE 47, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. LESS THE FOLLOWING DESCRIBED PARCEL OF LAND: BEGIN AT THE MOST NORTH, NORTHWEST CORNER OF SAID TRACT "A"; THENCE N 88'10'38" E, ALONG THE NORTH LINE OF SAID TRACT "A", FOR 556.00 FEET; THENCE S 11*19'21" W FOR 335.30 FEET; THENCE S 00°43'51" E FOR 205.15 FEET TO A POINT ON THE SOUTHERLY LINE OF SAID TRACT "A"; THENCE N 78°02'44" W, ALONG THE SOUTHERLY LINE OF SAID TRACT "A", FOR 652.55 FEET; THENCE N 28°31'25" W,ALONGTHE SOUTHWESTERLY LINE OF SAID TRACT "A", FOR 35.00 FEET; THENCE N 22043'18" E, ALONG THE WESTERLY LINE OF SAID TRACT "A", SAID LINE ALSO BEING THE EASTERLY RIGHT-OF-WAY LINE OF BISCAYNE BOULEVARD (STATE ROAD U.S. NO. 1), FOR 363.12 FEET; THENCE N 55°26'58" E, ALONG THE NORTHWESTERLY LINE OF SAID TRACT "A", FOR 27.03 FEET TO THE POINT OF BEGINNING. AND LESS THAT PORTION CONVEYED TO NORWICH AVENTURA II LLC, A DELAWARE LIMITED LIABILITY COMPANY, BY SPECIAL WARRANTY DEED, RECORDED DECEMBER 18, 2014, IN OFFICIAL RECORDS BOOK 29434, AT PAGE 3641, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGIN AT THE MOST NORTH, NORTHWEST CORNER OF SAID TRACT "A"; THENCE N 88°10'38" E, 4871-4053-9419, v. 1 ALONG THE NORTH LINE OF SAID TRACT "A", FOR 556.00 FEET; THENCE S 11°19'21" W FOR 335.30 FEET; THENCE S 00°43'51" E FOR 18.03 FEET TO THE POINT OF BEGINNING OF THE HEREINAFTER DESCRIBED PARCEL OF LAND; THENCE CONTINUES 00°43'51" E FOR 187.14 FEET TO A POINT OF THE SOUTHERLY LINE OF SAID TRACT "A"; THE FOLLOWING EIGHT (8) COURSES BEING ALONG THE SOUTHERLY AND EASTERLY BOUNDARY OF SAID TRACT "A"; (1) THENCE S 78002'44" E FOR 73.05 FEET TO A POINT OF CURVATURE; (2) THENCE SOUTHEASTERLY ALONG A 1438.00 FOOT RADIUS CURVE LEADING TO THE LEFT THROUGH A CENTRAL ANGLE OF 04011'01" FOR AN ARC DISTANCE OF 105.00 FEET; (3) THENCE N 07°04'25" E FOR 45.00 FEET; (4) THENCE S 82055'35" E FOR 35.00 FEET; (5) THENCE S 07004'25" W FOR 45.00 FEET TO A POINT ON A CIRCULAR CURVE WHOSE RADIUS POINT BEARS N 06022'35" E; (6) THENCE SOUTHEASTERLY ALONG A 1438.00 FOOT RADIUS CURVE LEADING TO THE LEFT, THROUGH A CENTRAL ANGLE OF 04033'05" FOR AN ARC DISTANCE OF 114.23 FEET TO A POINT OF COMPOUND CURVATURE; (7) THENCE EASTERLY AND NORTHERLY ALONG A 25.00 FOOT RADIUS CURVE LEADING TO THE LEFT, THROUGH A CENTRAL ANGLE OF 94045'02" FOR AN ARC DISTANCE OF 41.34 FEET TO A POINT OF TANGENCY; (8) THENCE N 02°55'32" W FOR 254.38 FEET; THENCE S 87°04'34" W FOR 138.61 FEET; THENCE S 37°12'35" W FOR 30.60 FEET; THENCE S 87004'34" W FOR 86.00 FEET; THENCE S 18040'06" W FOR 7.39 FEET; THENCE S 87004'34" W FOR 93.63 FEET TO THE POINT OF BEGINNING. TOGETHER WITH THE NON-EXCLUSIVE EASEMENTS AS SET FORTH AND FURTHER DESCRIBED IN SECTION 3(D) OF THAT CERTAIN PARKING AGREEMENT, RECORDED DECEMBER 18, 2014, IN OFFICIAL RECORDS BOOK 29434, AT PAGE 3651, AND SECTION 3 OF THAT CERTAIN AMENDED AND RESTATED EASEMENT AND OPERATING AGREEMENT, RECORDED DECEMBER 18, 2014, IN OFFICIAL RECORDS BOOK 29434, AT PAGE 3695, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. 4871-4053-9419, v. 1 LOCATION MAP EXHIBIT #: 2 NE 2o3RD ST z m x C m NF 18GTH ST ----------------- - - --------_--------- --- , z , m, w F , a C m z•am► x NE 207TH ST N COUNTRY CLUB DR i _ n a O a tft-- �o Ln �y�uRpgCv4 n A C C 07 �� W1LCl A� L rl 4& r 46-1i ► I -----------------► ♦ M Subject Property MajorRoads Aventura Municipal Boundary w 7 Ln Z J DATE: 06/03/2025 AGENDA ITEMS): ■1;6_10 1201810 Property(s): 28-1234-079-0010 28-1234-079-0020 28-1234-079-0025 City File No.: CUP2111-0001 REV II Ae � /,\ 0 0.25 0.5 1 Miles �q 7�■}yTy� _ , r� r�� . - �, ./,j I - � .• fin; _ N `I 111 •y _ I . may„ � � -Li ,� , • 1�jti_ r • jam: •-: =� ... ;� ra ,{ s. � $�" • r� i � ts�,�7711rr � � � ..- 4 V 1r v ., � f. "�' N -EPT ICk = 041-2025 was :•. s `moo_ i DE LA FONTAINE -„ z �` �� +� ,�pp" ,� w f- Ww 77 S \i i ` '�� y\' ire "�- ��• , , r � t ! ol - S,�` F+ � f ^I �"�tl 4► , •�-/ �:� _.'sir- -� ',�' } • r,1 , � � yr . �� A f 1 � � • � �e r , ` 1 4. � e 1, � p .ice; 1 `�. • .. ,ti'- 1�� ti.�R^"� 'S7'r- J 4 ~�•I � r 3M � � Rat }I ro A elm. IT do In ail �. � •� ` -ram.: S �; � .� � � � i . , . „ .,�` :�.''T"''..� qc;�.• ;,". rt e+c4 Project Data DATA Max. height: 311 feet Levels: 29 levels Units: 675 units Project parking:1000 spots Existing Z garage: 565 spots Existing site parking: 24 spots Project site parking:10 spots i/. , pa ssu"1. u. rorP"1. IM a 1." :u.• o u. a,u• 'rug• o u. e,u.. '.ur• o u. e,u.. a ID." 1. rN a 1.•• 'iAx' 1 1. 1. rN a 1.•• rru.• o u. e,u.. su.• o u. e,u.. ro11, 1 12. q. a 1... 'rII, I ol rorlr" 1P srl." a 3/a sal.• a r/a sal.• x . o La eLa• UNIT MIX TYPE UNITS Mix% S Jr.l BR 104 15.4% 1 1BR 319 47.3% 2 2 BR 136 20.1% 3 3BR 99 14.7% 4 4BR 17 2.5% T 675 100% AMENITIES I I AMENITIES Roof Top.A.................. ...................... Roof.Top. B+C A B a C PARIUNG PROJECT Tower A Towers B + C LEVEL SPOTS 29 Levels 29 Levels 311feet 311feet Amenities L 06 246 ............................................... L07 & L08 L 05 132 _ Parking Loa 132 5 levels above ground L 03 114 +lhalf.0 derground. ,' ,-_ Offices 6 Levels �........... Retail -' L 01 0 (4. +pavilions`- BS1 194 .............................._, ._ t Z garage Tor Offices �- 6 Levels 5.Levels-~�� . ..................................................._.... .................. ® 565spots Offices �-.� J i ....-......................................9 Hotel 5 Levels .................... i... "1I Levels 311 Feet P5 AMENITIES AMENITIES P5 P4 P4 P3 P3 Pl Pl Pl PL MECH. MECH. MECH. RETAIL- Double Height RETAIL - Wuble Neigh RETAIL -.0. Meight BSI .Sl 193PAR—GS%TS Street Level 13 ZYSMVICH ACC Concept Design Data Sheet Zoning & Existing ■ Zones Lot Area Gross Density SF Acres F]L(ef Previously Approvetl Units Pmposetl Ratio Proposetl Rape Allowetl IAN Raho Pr Lot CweraHe ovitletl Required Provitletl ""OPen SPace Required Providetl -----------®®®®®� ___ ross SF N Footprint __ TOTAL®®��® Parking Required Provided ' TOTAL Biscayne25R Min 25h NO Setback. 20 h neM to Reside�xial NA 7..Ed ide20R StreetSid, Min. 20h 20R Min. 20h Streetr WSetback. venue 20 R neM tq Residentialuildings Min. 20k 0 Min. 25k Existing Parking Exist. North Existing x�t Garage Site South Site North' T"T" "®124 Spaces are dedicated to the Existirg Hotel (100 irside the Existirg East Garage) I E3 MW ACC Concept Design Data Sheet Project Zoning _"'M Lot Area Gross '®. " -' Requested / Proposed SITE Zones SF Acres��®�® lot coverage ay be rureased to a a,!,u, of 55 percent of the total lot area Previously Approved New Proposed Unit Type Units# Units% SF Unit Type Units# Units% Min. SF 1R1 BED n/a n/a n/a 1R1 BED 104 15.4% 500 1 BED 119 24.0% 658 1 BED 319 47.3% 600 2 BED 298 60.2% 945 2 BED 136 20.1% 800 3 BED 78 15.8% 1,200 3 BED 99 14.7% 11050 4 BED n/a n/a 1,350 4 BED 17 2.5% 1,250 TOTAL 495 100.0% TOTAL 675 100.0% FireApproved -sed Tower 1A24 TIASouow *29 Tower 1B -So uth Tw 19 1 Tower 1B&1C-North *29 *15em1 Underground Parking floor below the 29 floors proposed Height Previously Approved New Proposed Tower 3A-North Tw 260ft Tower SA -South Tw 311ft Tower 1B -South Tw 210 ft Tower 1B & 1C-North 311 it NEW Bldg PROPOSED Parking FAR Lot Coverage Open Area Gross SF F w sax Existing Required' ae: ae*u.i. oxmwa xo� Posed/ Existing 0 1 EX TING OFFICE 20803 ® 1 ::1 ----®---®®--- EXISTING OFFICE 20807 EXISTING HOTEI *PK required for Existing Office based on 1/300 sf of Net Floor Area. **PK Proposed can be reduced based on MEP/Structural conditions but will never be less than the required Parking based on the 30% parking reduction *** For Open Space calculation, Rooftop of any existing and office buildings are not included **** Valet & Freebee drop-off are not included in the parking calculations ***** Balconies are not included in the Residential Gross area calculations Uses --L �equired Fac�---- Ron III -----® C] iYSCUYICH ACC Concept Design Masterplan WI Aq 00 \ - - - ------------------------------- ------- ---- a Offices 0 00° i NE 209TH ST +- LOADING ZONE 00 AL , x � Offices Garage i � x Pedestrian & Fire trucks only ..........i �o Offices Hotel NE 207rH Sr LEGEND Drop -Off ®ADA Drop -Off Bike Sharing fL' Retail 0 Retail Loading Zone OValet Drop -Off !! Brightline Shuttle Stop C`' Bike Parking Potential Retail Conversion Bar & Restaurants Freebee Drop -Off !! Bus Stop Scooter Sharing z m w 0 m D Parking Entrance/Exit 0' Loading Zone Access Residential Entrance 0 / - 11 zYSCOVICH ACC Concept Design Parking Half Underground PROGRAM Parking MEN Trash DATA Parking:194 Parking Spots -- IIr Plllr Ifl nll r Y'Cl Vn nln n ud + 1 + O +`1 o m zo so ao so so C3 ZBOICH ACC Concept Design Level 01 Main Plaza PROGRAM Retail Lobby Technical Trash o io zo so ao so eo O /I L— r , / - +4' 6 qcc BOH RETAIL Retail 41 Retail I , , — v Retail I � � � � I I I � xb — — Pedestrian & S3' , Fire trucks only — ti II H31 o Tr o oo I- C3 ZBOICH ACC Concept Design Level 04 Parking PROGRAM Parking DATA Parking:132 Spots 0 10 20 30 40 50 60 ❑11 nr nI l, Iir n�I'nnln r,in�n'nnnInfn!In'I''nn'I 1nnnl F I I I I I I IIII _ i1�C J �I L J Ij�i L JI��I II III ili', I L i_ _ 1_ LL _J JI I'.- L L.. . J ! I J _I J,L . IL .I LJ / � ; r r i I W /\ / ^.r",IIUI AIL-V1 �LJ LJ LJ LJ / 111 LJI L I I J =},_ Parking ;- Trl r7 F I F I F —J L I u u L — — L - LJ L —1— <) --� - - �L l/ l F L l —qiL l FJIII �LJ.L �J _J�LJ_J LJI�LJ��LJiov II� I L I \I liolad .: ( kly \ C3 ZBOICH ACC Concept Design Level 10 Residential PROGRAM Jr.1 Bedroom ■ 1 Bedroom ■ 2 Bedroom ■ 3 Bedroom ■ 4 Bedroom Trash DATA Tower A - Low Zone Floor GBA: 11,293 SF (excluding balcony) Balcony Area : 2,188 SF Units Number:12 Units per Floor Tower B - Low Zone Floor GBA: 11,293 SF (excluding balcony) Balcony Area : 2,188 SF Units Number:12 Units per Floor Tower C - Low Zone Floor GBA: 11,293 SF (excluding balcony) Balcony Area : 2,188 SF Units Number:12 Units per Floor o io zo so ao so eo O �II -/----7/--14---T-------------4-------�--- 2 BR 1 BR Jr. 1 BR 3 y 2 BR 1 BR Jr. 1 BR 3 BR 1 BR 1 BIR - 1 BR 1 BR I 1 BIR 1 BIR ! - 1 BIR 1 BR 2 BR 1 BR 2BR 1 BR Jr. 1 BR 3BR i /�� \ Tower B -12 Units Tower C -12 Units � /4 ,- �=, '�/ � � ,� Jr. 1BR-2units ��- Jr.1BR-2units �•••••:�- -� 1BR- 6units 1BR- 6units 2BR-2units 2BR-2units 3BR-2units 3BR-2units i Jr 1BR 1BIR / — ii [TowerA-12Units I Jr.1BR-2units 3BR " Jr.1BR �� 1BR-6units 2BR-2units \ / 1 8R'� 3 BR 2units 1 BIR \i 3BR A ------------- __� _ z C3 ZROICH ACC Concept Design Level 27 Residential PROGRAM Jr. 1 Bedroom 1 Bedroom . 2 Bedroom ■ 3 Bedroom 4 Bedroom Trash DATA Tower A - High Zone Floor GBA:11,293 SF (excluding balcony) Balcony Area : 2,188 SF Units Number: 10 Units per Floor Towers B+C - High Zone Floor GBA:27,459 SF (excluding balcony) Balcony Area : 5,475 SF Units Number: 21 Units per Floor 0 10 20 30 40 50 60 ❑11 i / / ' \ Towers B+C - 21 Units Jr.1BR-2units units �_ zeR �_ � /� � ..2BR-8units \ 3BR-1 / — - e/ 4BR-3units1 BR -� i —L-_ fi TowerA- lOUnits Jr. 1 BR - � aeR ..,......... 1BR-6units 2 BR-2 units V / � 3BR- �� 4BR-2units 1 00, WI RMP C3 ZYSCHYICH ACC Concept Design Level 29 Rooftop DATA Tower A - Rooftop Floor GBA: 11,293 SF Towers B+C - Rooftop Floor GBA: 26,900 SF o io zo so ao so eo O i I la , -. ppo T- �— Retail \- C3 ZBOICH ACC Concept Design Unit Mix Typical Floor Plan 21311 unit: 11311 unit Interior: 830 SF : Interior: 635 SF Balcony: Balcony: 11311 unit Interior: 600 SF Balcony:135 SF ................. 11311 unit Interior: 600 SF Balcony:135 SF ................. Jr. 11311 unit ; 31311 unit Interior: 500 SF : Interior:1050 SF Balcony:100 SF Balcony: 270 SF 11311 unit Interior: 600 SF Balcony:135 SF ................. 1BR unit Interior: 600 SF Balcony:135 SF ................. 21311 unit: 11311 unit: : Jr. 11311 unit : 31311 unit Interior: 830 SF: Interior: 635 SF: : Interior: )00 SF : Interior: 050 SF Balcony: 265 SF. Balcony:140 SF. : Balcony:100 SF : Balcony: )70 SF PROGRAM Jr.1 Bedroom 1 Bedroom 2 Bedroom :A 3 Bedroom Tower B Tower C UNIT MIX -12 units Jr. 1 BR:2 units 7 / 1 BR: 6 units 2 BR: 2 units 3 BR:2 unit TowerA Combo Layout 2 BEDROOM COMBO 4 BEDROOM COMBO-1 4 BEDROOM COMBO-2 13 MITCH ACC Concept Design - ��u� r �UIli' --: t� c�M Opp r O .1 '+�as.,�_,,�p5 a ,� _ 4i♦. - 7 _a.. ` ,eras. r pf'N '� � 111P � � !•. x .j �! !". ��M ' ` a7 „�'i * +, ra�� r1 av /� -�\\� �. � 1 . r,. µ -- _ 1, ' .1'A .. �� I!!� ACC Concept Design CITY OF AVENTURA RESOLUTION NO. 2025- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, GRANTING CONDITIONAL USE APPROVAL, PURSUANT TO SECTION 31-145(E)4 OF THE CITY CODE OF ORDINANCES: (1) TO PERMIT A DENSITY OF 65 DWELLING UNITS PER ACRE FOR A PROJECT PROVIDING HERO HOUSING UNITS, WHERE THE CITY CODE PERMITS 25; (2) TO PERMIT HEIGHTS UP TO 29 STORIES (311'), WHERE THE CITY CODE PERMITS 10 STORIES (100'); (3) TO PERMIT UNITS WITH FLOOR AREAS FROM 500 SQUARE FEET TO 1,250 SQUARE FEET FOR ONE TO FOUR BEDROOM UNITS, WHERE THE MINIMUM REQUIREMENTS ARE 800 SQUARE FEET TO 1,350 SQUARE FEET; AND (4) TO PERMIT 1,709 PARKING SPACES, WHERE 2,271 SPACES ARE REQUIRED BY THE CITY CODE; FOR THE PROPERTY LOCATED AT 20801-20807 BISCAYNE BOULEVARD; PROVIDING FOR CONDITIONS OF APPROVAL; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, pursuant to Chapter 31, "Land Development Regulation", Article VII, Use Regulation, Section 31-145(e) "Town Center Office Park Mixed Use (TC4) District" of the City Code of Ordinances, the applicant, Bercow, Radell, Fernandez & Tapanes on behalf of Aventura Opportunity Owner LLC, has applied to the City of Aventura (the "City") for the modification of a previously approved Conditional Use approval (Application No. CUP2111-0001 REV II) related to the development of a mixed use project (the "Development") located at 20801-20807 Biscayne Boulevard, in the TC4 District, as legally described in Exhibit "A" (the "Property"); and WHEREAS, pursuant to City Code Section 31-145(e)(4)p, the applicant has requested Conditional Use Approval to permit a density of 65 dwelling units per acre for a project providing HERO Housing units, where the City Code permits 25; and WHEREAS, pursuant to City Code Section 31-145(e)(4)b, the applicant has requested Conditional Use Approval to permit heights up to 29 stories (311'), where the City Code permits 10 stories (100'); and WHEREAS, pursuant to City Code Section 31-145(e)(4)e, the applicant has requested Conditional Use Approval to permit units with floor areas from 500 square feet to 1,250 square feet for one to four bedroom units, where the minimum requirements are 800 square feet to 1,350 square feet; and WHEREAS, pursuant to City Code Section 31-145(e)(4)i, the applicant has requested Conditional Use Approval to permit 1,709 parking spaces (in accordance with City of Aventura Resolution No. 2025- a shared parking allowance based upon the mix of uses proposed for the property), where 2,271 spaces are required by City Code; and WHEREAS, following proper notice, the City Commission has held a public hearing as provided by law; and WHEREAS, the City Commission finds that the Application meets the criteria of the applicable codes and ordinances, to the extent the Application is granted herein, and it is in the best interest of the City to grant the request for Conditional Use Approval. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. The foregoing " WHEREAS" clauses are ratified and confirmed as being true and correct and are made a specific part of this Resolution. Section 2. The application for Conditional Use (1) to permit densities of 65 dwelling units per acre for a project providing HERO Housing units, where the City Code permits 25; (2) to permit heights up to 29 stories (311'), where the City Code permit 10 stories (100'); (3) to permit units with floor areas from 500 square feet to 1,250 square feet for one to four bedroom units, where the minimum requirements are 800 square feet to 1,350 square feet; and (4) to permit 1,709 parking spaces (in accordance with a shared parking allowance based upon the mix of uses proposed for the property), where the City Code requires 2,271 spaces for the Property is hereby granted, subject to the conditions set out in Section 3 of this Resolution. Section 3. Approval of the application above is subject to the following conditions- 1 . Building permits must be consistent with drawings as submitted for Workshop dated April 17, 2025 and listed in Exhibit #3, unless otherwise subsequently amended by an administrative site plan approval. The referenced plans will be reviewed under Administrative Site Plan Approval regulations, the TC-4 zoning district regulations, and all other applicable regulations as provided within the City of Aventura Land Development Regulations. 2. Concurrent with the issuance of a certificate of occupancy of any kind (i.e. temporary or final) a shuttle service specifically to and from the Brightline station will be provided to residents of the development by the owners/operators of the building. 3. A contribution of $3,000,000 toward the capital costs related to construction of a new charter school for the City with the following payment schedule: a. $750,000 at site plan approval Page 2 of 4 City of Aventura Resolution No. 2025- b. $750,000 at permit issuance C. $1,500,000 at Certificate of Occupancy issuance. 4. An additional contribution to the City to offset the impacts of the development in the amount of $1,250,000 shall be made as follows: A) credit of $72,000 already paid pursuant to Resolution 2022-09 (which is superseded by this Resolution); B) a payment of $72,000 to be paid within 10 days of City Commission approval of this current resolution; C) a payment of $221,200 at permit issuance for the first primary structure; and D) four more payments of $221,200 on the anniversary date of the payment made pursuant to 4C. ($727000 +$727000 + $221,200 x 5 = $172507000) 5. Twenty (20) HERO Housing units, physical details of which are to be finalized prior to site plan approval, and administration of which shall proceed pursuant to a HERO Housing Agreement that shall be executed prior to first permit issuance. An administrative fee of $1,000 per HERO Housing Unit proffered with the request for Conditional Use Approval — in this case $20,000 — shall be paid within 10 days of City Commission approval of the Resolution granting the request. 6. Twenty-five (25) community cars and fifty (50) bicycles for the use of residents of the development. 7. A deed restriction, in a form approved by the City Attorney, will be recorded agreeing that the property, and residential units thereon, will comply with the City's restriction on short term rentals, which states that any rental for less than 90 days is considered a hotel. (Hotel use is not included in the project being approved with this conditional use) 8. Prior to receiving permits for any permanent structure, obtain Miami -Dade County Schools' issuance of a finding that School Concurrency has been met and pay applicable School Impact Fees. Section 4. The City Manager is authorized to issue permits in accordance with the approvals and conditions herein provided and to indicate such approvals and conditions upon the records of the City. Section 5. Issuance of this development order by the City of Aventura does not in any way create any right on the part of an applicant to obtain a permit from a state or federal agency and does not create any liability on the part of the City of Aventura for issuance of the development order if the applicant fails to obtain requisite approvals or fulfill the obligations imposed by a state or federal agency or undertakes actions that result Page 3 of 4 City of Aventura Resolution No. 2025- in a violation of state or federal law. All applicable state and federal permits must be obtained before commencement of the development. This condition is included pursuant to Section 166.033, Florida Statutes, as amended. Section 6. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution was offered by Commissioner , who moved its adoption. The motion was seconded by Commissioner and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Paul A. Kruss Commissioner Rachel S. Friedland Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg PASSED AND ADOPTED this V day of June, 2025. HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. 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"�' N -EPT ICk = 041-2025 was :•. s `moo_ i DE LA FONTAINE -„ z �` �� +� ,�pp" ,� w f- Ww 77 S \i i ` '�� y\' ire "�- ��• , , r � t ! ol - S,�` F+ � f ^I �"�tl 4► , •�-/ �:� _.'sir- -� ',�' } • r,1 , � � yr . �� A f 1 � � • � �e r , ` 1 4. � e 1, � p .ice; 1 `�. • .. ,ti'- 1�� ti.�R^"� 'S7'r- J 4 ~�•I � r 3M � � Rat }I ro A elm. IT do In ail �. � •� ` -ram.: S �; � .� � � � i . , . „ .,�` :�.''T"''..� qc;�.• ;,". rt e+c4 Project Data DATA Max. height: 311 feet Levels: 29 levels Units: 675 units Project parking:1000 spots Existing Z garage: 565 spots Existing site parking: 24 spots Project site parking:10 spots i/. , pa ssu"1. u. rorP"1. IM a 1." :u.• o u. a,u• 'rug• o u. e,u.. '.ur• o u. e,u.. a ID." 1. rN a 1.•• 'iAx' 1 1. 1. rN a 1.•• rru.• o u. e,u.. su.• o u. e,u.. ro11, 1 12. q. a 1... 'rII, I ol rorlr" 1P srl." a 3/a sal.• a r/a sal.• x . o La eLa• UNIT MIX TYPE UNITS Mix% S Jr.l BR 104 15.4% 1 1BR 319 47.3% 2 2 BR 136 20.1% 3 3BR 99 14.7% 4 4BR 17 2.5% T 675 100% AMENITIES I I AMENITIES Roof Top.A.................. ...................... Roof.Top. B+C A B a C PARIUNG PROJECT Tower A Towers B + C LEVEL SPOTS 29 Levels 29 Levels 311feet 311feet Amenities L 06 246 ............................................... L07 & L08 L 05 132 _ Parking Loa 132 5 levels above ground L 03 114 +lhalf.0 derground. ,' ,-_ Offices 6 Levels �........... Retail -' L 01 0 (4. +pavilions`- BS1 194 .............................._, ._ t Z garage Tor Offices �- 6 Levels 5.Levels-~�� . ..................................................._.... .................. ® 565spots Offices �-.� J i ....-......................................9 Hotel 5 Levels .................... i... "1I Levels 311 Feet P5 AMENITIES AMENITIES P5 P4 P4 P3 P3 Pl Pl Pl PL MECH. MECH. MECH. RETAIL- Double Height RETAIL - Wuble Neigh RETAIL -.0. Meight BSI .Sl 193PAR—GS%TS Street Level 13 ZYSMVICH ACC Concept Design Data Sheet Zoning & Existing ■ Zones Lot Area Gross Density SF Acres F]L(ef Previously Approvetl Units Pmposetl Ratio Proposetl Rape Allowetl IAN Raho Pr Lot CweraHe ovitletl Required Provitletl ""OPen SPace Required Providetl -----------®®®®®� ___ ross SF N Footprint __ TOTAL®®��® Parking Required Provided ' TOTAL Biscayne25R Min 25h NO Setback. 20 h neM to Reside�xial NA 7..Ed ide20R StreetSid, Min. 20h 20R Min. 20h Streetr WSetback. venue 20 R neM tq Residentialuildings Min. 20k 0 Min. 25k Existing Parking Exist. North Existing x�t Garage Site South Site North' T"T" "®124 Spaces are dedicated to the Existirg Hotel (100 irside the Existirg East Garage) I E3 MW ACC Concept Design Data Sheet Project Zoning _"'M Lot Area Gross '®. " -' Requested / Proposed SITE Zones SF Acres��®�® lot coverage ay be rureased to a a,!,u, of 55 percent of the total lot area Previously Approved New Proposed Unit Type Units# Units% SF Unit Type Units# Units% Min. SF 1R1 BED n/a n/a n/a 1R1 BED 104 15.4% 500 1 BED 119 24.0% 658 1 BED 319 47.3% 600 2 BED 298 60.2% 945 2 BED 136 20.1% 800 3 BED 78 15.8% 1,200 3 BED 99 14.7% 11050 4 BED n/a n/a 1,350 4 BED 17 2.5% 1,250 TOTAL 495 100.0% TOTAL 675 100.0% FireApproved -sed Tower 1A24 TIASouow *29 Tower 1B -So uth Tw 19 1 Tower 1B&1C-North *29 *15em1 Underground Parking floor below the 29 floors proposed Height Previously Approved New Proposed Tower 3A-North Tw 260ft Tower SA -South Tw 311ft Tower 1B -South Tw 210 ft Tower 1B & 1C-North 311 it NEW Bldg PROPOSED Parking FAR Lot Coverage Open Area Gross SF F w sax Existing Required' ae: ae*u.i. oxmwa xo� Posed/ Existing 0 1 EX TING OFFICE 20803 ® 1 ::1 ----®---®®--- EXISTING OFFICE 20807 EXISTING HOTEI *PK required for Existing Office based on 1/300 sf of Net Floor Area. **PK Proposed can be reduced based on MEP/Structural conditions but will never be less than the required Parking based on the 30% parking reduction *** For Open Space calculation, Rooftop of any existing and office buildings are not included **** Valet & Freebee drop-off are not included in the parking calculations ***** Balconies are not included in the Residential Gross area calculations Uses --L �equired Fac�---- Ron III -----® C] iYSCUYICH ACC Concept Design Masterplan WI Aq 00 \ - - - ------------------------------- ------- ---- a Offices 0 00° i NE 209TH ST +- LOADING ZONE 00 AL , x � Offices Garage i � x Pedestrian & Fire trucks only ..........i �o Offices Hotel NE 207rH Sr LEGEND Drop -Off ®ADA Drop -Off Bike Sharing fL' Retail 0 Retail Loading Zone OValet Drop -Off !! Brightline Shuttle Stop C`' Bike Parking Potential Retail Conversion Bar & Restaurants Freebee Drop -Off !! Bus Stop Scooter Sharing z m w 0 m D Parking Entrance/Exit 0' Loading Zone Access Residential Entrance 0 / - 11 zYSCOVICH ACC Concept Design Parking Half Underground PROGRAM Parking MEN Trash DATA Parking:194 Parking Spots -- IIr Plllr Ifl nll r Y'Cl Vn nln n ud + 1 + O +`1 o m zo so ao so so C3 ZBOICH ACC Concept Design Level 01 Main Plaza PROGRAM Retail Lobby Technical Trash o io zo so ao so eo O /I L— r , / - +4' 6 qcc BOH RETAIL Retail 41 Retail I , , — v Retail I � � � � I I I � xb — — Pedestrian & S3' , Fire trucks only — ti II H31 o Tr o oo I- C3 ZBOICH ACC Concept Design Level 04 Parking PROGRAM Parking DATA Parking:132 Spots 0 10 20 30 40 50 60 ❑11 nr nI l, Iir n�I'nnln r,in�n'nnnInfn!In'I''nn'I 1nnnl F I I I I I I IIII _ i1�C J �I L J Ij�i L JI��I II III ili', I L i_ _ 1_ LL _J JI I'.- L L.. . J ! I J _I J,L . IL .I LJ / � ; r r i I W /\ / ^.r",IIUI AIL-V1 �LJ LJ LJ LJ / 111 LJI L I I J =},_ Parking ;- Trl r7 F I F I F —J L I u u L — — L - LJ L —1— <) --� - - �L l/ l F L l —qiL l FJIII �LJ.L �J _J�LJ_J LJI�LJ��LJiov II� I L I \I liolad .: ( kly \ C3 ZBOICH ACC Concept Design Level 10 Residential PROGRAM Jr.1 Bedroom ■ 1 Bedroom ■ 2 Bedroom ■ 3 Bedroom ■ 4 Bedroom Trash DATA Tower A - Low Zone Floor GBA: 11,293 SF (excluding balcony) Balcony Area : 2,188 SF Units Number:12 Units per Floor Tower B - Low Zone Floor GBA: 11,293 SF (excluding balcony) Balcony Area : 2,188 SF Units Number:12 Units per Floor Tower C - Low Zone Floor GBA: 11,293 SF (excluding balcony) Balcony Area : 2,188 SF Units Number:12 Units per Floor o io zo so ao so eo O �II -/----7/--14---T-------------4-------�--- 2 BR 1 BR Jr. 1 BR 3 y 2 BR 1 BR Jr. 1 BR 3 BR 1 BR 1 BIR - 1 BR 1 BR I 1 BIR 1 BIR ! - 1 BIR 1 BR 2 BR 1 BR 2BR 1 BR Jr. 1 BR 3BR i /�� \ Tower B -12 Units Tower C -12 Units � /4 ,- �=, '�/ � � ,� Jr. 1BR-2units ��- Jr.1BR-2units �•••••:�- -� 1BR- 6units 1BR- 6units 2BR-2units 2BR-2units 3BR-2units 3BR-2units i Jr 1BR 1BIR / — ii [TowerA-12Units I Jr.1BR-2units 3BR " Jr.1BR �� 1BR-6units 2BR-2units \ / 1 8R'� 3 BR 2units 1 BIR \i 3BR A ------------- __� _ z C3 ZROICH ACC Concept Design Level 27 Residential PROGRAM Jr. 1 Bedroom 1 Bedroom . 2 Bedroom ■ 3 Bedroom 4 Bedroom Trash DATA Tower A - High Zone Floor GBA:11,293 SF (excluding balcony) Balcony Area : 2,188 SF Units Number: 10 Units per Floor Towers B+C - High Zone Floor GBA:27,459 SF (excluding balcony) Balcony Area : 5,475 SF Units Number: 21 Units per Floor 0 10 20 30 40 50 60 ❑11 i / / ' \ Towers B+C - 21 Units Jr.1BR-2units units �_ zeR �_ � /� � ..2BR-8units \ 3BR-1 / — - e/ 4BR-3units1 BR -� i —L-_ fi TowerA- lOUnits Jr. 1 BR - � aeR ..,......... 1BR-6units 2 BR-2 units V / � 3BR- �� 4BR-2units 1 00, WI RMP C3 ZYSCHYICH ACC Concept Design Level 29 Rooftop DATA Tower A - Rooftop Floor GBA: 11,293 SF Towers B+C - Rooftop Floor GBA: 26,900 SF o io zo so ao so eo O i I la , -. ppo T- �— Retail \- C3 ZBOICH ACC Concept Design Unit Mix Typical Floor Plan 21311 unit: 11311 unit Interior: 830 SF : Interior: 635 SF Balcony: Balcony: 11311 unit Interior: 600 SF Balcony:135 SF ................. 11311 unit Interior: 600 SF Balcony:135 SF ................. Jr. 11311 unit ; 31311 unit Interior: 500 SF : Interior:1050 SF Balcony:100 SF Balcony: 270 SF 11311 unit Interior: 600 SF Balcony:135 SF ................. 1BR unit Interior: 600 SF Balcony:135 SF ................. 21311 unit: 11311 unit: : Jr. 11311 unit : 31311 unit Interior: 830 SF: Interior: 635 SF: : Interior: )00 SF : Interior: 050 SF Balcony: 265 SF. Balcony:140 SF. : Balcony:100 SF : Balcony: )70 SF PROGRAM Jr.1 Bedroom 1 Bedroom 2 Bedroom :A 3 Bedroom Tower B Tower C UNIT MIX -12 units Jr. 1 BR:2 units 7 / 1 BR: 6 units 2 BR: 2 units 3 BR:2 unit TowerA Combo Layout 2 BEDROOM COMBO 4 BEDROOM COMBO-1 4 BEDROOM COMBO-2 13 MITCH ACC Concept Design - ��u� r �UIli' --: t� c�M Opp r O .1 '+�as.,�_,,�p5 a ,� _ 4i♦. - 7 _a.. ` ,eras. r pf'N '� � 111P � � !•. x .j �! !". ��M ' ` a7 „�'i * +, ra�� r1 av /� -�\\� �. � 1 . r,. µ -- _ 1, ' .1'A .. �� I!!� ACC Concept Design CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Bryan Pegues, City Manager f BY- Robert Meyers, City Attorney�' DATE: May 30, 2025 SUBJECT: Ordinance Amending Code Section 48-11 and 48-12 to Modify Regulations Relating to Commercial Vehicles Loading and Unloading of Vehicles and Other Materials in Residentially -Zoned Areas June 3, 2025 City Commission Meeting Agenda (First Reading) 2025 City Commission Meeting Agenda (Second Reading) RECOMMENDATION It is recommended that the City Commission approve the attached amendment to the ordinance enabling the City to revise the regulations relating to commercial vehicles loading and unloading of vehicles and other materials in residentially zoned areas of the City. BACKGROUND Section 48-11 of the City Code sets forth parking restrictions whereby commercial vehicular parking in public or private right-of-way areas within the City are prohibited, except were the City Manager has designated such road right-of-way areas for parking purposes and further prohibits parking of vehicles upon: (1) Any streets located within or contiguous to multifamily zoned properties, unless approved by the City Manager; (2) Any area prohibited by state law or Miami -Dade County Code, unless approved by the City Manager. Section 48-12 of the City Code prohibits the parking of commercial or recreational vehicles for any period of time on public right-of-way; however, such prohibition does not apply to "Vehicles then and there engaged in activity consisting of performing authorized landscape installation or maintenance or making deliveries or loading and unloading of passengers or materials. Recently, in the City's residentially zoned areas, there has been an influx of commercial vehicles, including car carriers, delivering, loading and unloading of private owner vehicles on the residential streets and right-of-way. Due to this influx, such commercial activity impedes the flow of traffic, blocks residential lanes of traffic, causes a public safety hazard, as well as affecting the quality of life of the City's residents. Sec. 48-11 of the City Code allows the City Commission to further regulate parking by enactment of an ordinance; however, implementation of Sec 48-11 requires the necessary approvals from the State Department of Transportation ("DOT") and from Miami -Dade County. BUDGETARY IMPACT There should be a negligible impact on the City's budget as the City may have to expend additional resources to enforce this amendment. However, fines collected associated with the enforcement of this ordinance should offset the costs of enforcement. CITY OF AVENTURA ORDINANCE NO. 2025- AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, AMENDING CHAPTER 48 OF THE CITY CODE OF ORDINANCES BY AMENDING SECTION 48-11 "PARKING RESTRICTIONS" AND SECTION 48-12 "RESTRICTIONS ON COMMERCIAL VEHICLES OR RECREATIONAL VEHICLES" TO MODIFY THE REGULATIONS RELATING TO COMMERCIAL VEHICLES LOADING AND UNLOADING OF VEHICLES AND OTHER MATERIALS IN RESIDENTIALLY ZONED AREAS OF THE CITY; PROVIDING FOR CONFLICT, SEVERABILITY, CODIFICATION, AND AN EFFECTIVE DATE. WHEREAS, Section 48-11 of the City Code sets forth parking restrictions whereby commercial vehicular parking in public or private right-of-way areas within the City are prohibited, except where the City Manager has designated such road right-of-way areas for parking purposes; and WHEREAS, Section 48-11 further prohibits parking of vehicles upon: (1) Any streets located within or contiguous to multifamily zoned properties, unless approved by the City Manager; (2) Any area prohibited by state law or Miami -Dade County Code, unless approved by the City Manager; and WHEREAS, Section 48-12 of the City Code prohibits the parking of commercial or recreational vehicles for any period of time on public right-of-way, however, such prohibition does not apply to "Vehicles then and there engaged in activity consisting of performing authorized landscape installation or maintenance or making deliveries or loading and unloading of passengers or materials; and WHEREAS, recently, in the City's residentially zoned areas, there has been an influx of commercial vehicles, including car carriers, delivering, loading and unloading of private owner vehicles on the residential streets and right-of-way; and WHEREAS, due to this influx, such commercial activity impedes the flow of traffic, blocks residential lanes of traffic, causes a public safety hazard as well as effecting the quality of life of the City's residents; and WHEREAS, Section 316.515(1) provides that "The use of public roads that do not have at least one through lane of 12 feet or more in width in each direction, and the use of public roads deemed unsafe for wider vehicles on the basis of safety and engineering analyses, by vehicles exceeding 96 inches in width may be restricted by the Department of Transportation or by local officials for streets and roads under their jurisdiction."; and WHEREAS, Section 316.1945(1)(c)(2) prohibits the parking of a vehicle, whether occupied or not, except temporarily for the purpose of, and while engaged in, loading or loading merchandise or passengers at any place where official signs prohibit parking; and Page 1 of 4 WHEREAS, Sec. 48-11 of the City Code allows the City Commission to further regulate parking by enactment of an ordinance, however, implementation of Sec 48-11 requires the necessary approvals from the State Department of Transportation ("DOT") and from Miami -Dade County; and WHEREAS, City staff has provided both DOT and Miami -Dade County this Ordinance, and they have ;and WHEREAS, the City desires to clarify its parking regulations as they relate to commercial vehicles loading and unloading activities in residentially zoned areas in order to mitigate the impacts to both traffic and the quality of life within such areas. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. Recitals Incorporated. That each of the above -stated recitals are hereby adopted and confirmed. Section 2. City Code Amended. That Article II " Use of Right -of -Way, Parking, Other Regulations," of Chapter 48 of the City Code," is hereby amended as follows': CHAPTER 48 — VEHICLES, USE OF RIGHT-OF-WAY, PARKING AND OTHER REGULATIONS Article Il. Use of Right -of -Way, Parking and Other Regulations Sec. 48-11. Parking restrictions. (b) Parking of vehicles is prohibited upon- (1) Any streets located within or contiguous to residential and multifamily zoned properties, unless approved by the City Manager. Sec. 48-12. Restrictions on commercial or recreational vehicles. (a) No owner or person having the possession or use of a commercial vehicle or recreational vehicle shall park that vehicle for any period of time on public right- of-way. This restriction shall not apply, however, to the following- ' Additions to existing City Code text are indicated by underline; deletions from existing City Code text are indicated by stFikethFeUgh. Page 2 of 4 (2) Vehicles then and there engaged in activity consisting of performing authorized landscape installation or maintenanno or making deliverioc or loading and unleadino of passengers or materials; 0 (3) Commercial loading and unloading operations, certain times prohibited for locations in or adjacent to residentially zoned areas. The commercial loading and loading of any vehicle, or the opening, destruction, and/or disposal of bales, crates, containers, deliveries, or any other item for businesses located in or adiacent to residentially zones areas. shall be prohibited between the hours of 8:00 p.m. and 8.00 am. {3)J4) Vehicles owned, operated or contracted by a utility company who have obtained a City issued public works permit to conduct work within the public right-of-way or for work deemed an emergency. The contractor conducting such work shall be required to restore the landscaping, irrigation, curbing, sidewalks, etc., within the public right-of-way to original or better conditions upon the completion of the permitted or emergency work. (b) Penalty. In addition to the General Penalty provision set forth in Sec. 1-14, the City may enforce this Section pursuant to Chapter 316, Florida Statutes. Section 3. Severability. The provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 4. Codification. That it is the intention of the City Commission, and it is hereby ordained that the provisions of this Ordinance shall become and be made a part of the Code of the City of Aventura; that the sections of this Ordinance may be re- numbered or re -lettered to accomplish such intention; and that the word "Ordinance" shall be changed to "Section" or other appropriate word. Section 5. Conflict. That all sections or parts of sections of the Code of Ordinances, all ordinances or parts ordinances, and all resolutions or parts of resolutions in conflict are repealed to the extent of such conflict. Section 6. Effective Date. That this Ordinance shall be effective immediately Page 3 of 4 upon adoption on second reading. The foregoing Ordinance was offered by Commissioner , who moved its adoption on first reading. The motion was seconded by Commissioner and, upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg The foregoing Ordinance was offered by Commissioner , who moved its adoption on second reading. This motion was seconded by Commissioner and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg PASSED on first reading this V day of June, 2025. PASSED AND ADOPTED on second reading this day of , 2025. HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. Page 4 of 4 CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Bryan Pegues, City Manager BY: Melissa Cruz, Finance Director DATE: May 2, 2025 SUBJECT: Mid -Year Budget Amendment Ordinance — FY 2024/25 May 6, 2025 City Commission Meeting Agenda (First Reading) June 3, 2025 City Commission Meeting Agenda (Second Reading) RECOMMENDATION It is recommended that the City Commission approve the attached ordinance amending the FY 2024/25 budget. BACKGROUND This mid -year budget amendment addresses "Other Items" that were not considered in the originally adopted FY 2024/25 Budget that need to be done through a corresponding budget amendment that will provide the necessary funding. Some of these items may have been previously discussed with the Commission but now require formal action. For simplicity, the following narrative addresses all of the items discussed above in "Fund/Account Number sequence" in terms of how they appear on the adjacent FY 2024/25 Budget Amendments Schedule ("Exhibit A"). General Fund — (001) — $313,210 net increase Revenues — $313,210 increase — In FY 2024/25, actual revenues anticipated to be received exceeded the amounts that were budgeted. These additional revenues will cover FY 2024/25 expenditure spend overages in the General Fund. Total revenues covering expenditures include the below: • Grants from Local Government - County (3377501) - $50,000 • Interest Earnings (3611000) - $263,210 11 Office of the City Manager (0501) $86,760 increase The majority of the increase is from the account below: 8301 — Other Grants and Aides requires a half of the payment due for the purchase included in the originally adopted budget. $82,500 budget amendment for the second of an Ambulance for Israel which was not Community Development (4001) - $75,000 increase 3190 — Professional Services — Other requires a $75,000 budget amendment for consultant expenditures related to the Mobility Plan for Uptown Aventura. $50,000 will be reimbursed with a grant from Miami -Dade County, accounted for in revenue line item Grants from Local Government - County (3377501) and the remaining $25,000 will be paid for by the City. Community Services (5001) — $8,000 increase 4101 - Telephone requires a $8,000 budget amendment due to the Verizon connectivity services for security cameras at all parks and facilities which was not included in the originally adopted budget. The purchase and installation of the cameras was funded by the ARPA grant. Arts & Cultural Center (7001) — $12,000 increase 3491 — Other Contractual Services - Other requires a $12,000 budget amendment due to changes in the valet vendor agreement for the Arts & Cultural Center that was not included in the originally adopted budget. Non -Departmental (9001) — $131,450 increase 5290 — Other Operating Supplies requires a $5,000 budget amendment due to the purchase of two (2) Automated External Defibrillators (AED's) for ACES which were not included in the originally adopted budget. 5901 — Contingency requires a $78,000 budget amendment for repairing flood damaged areas in City rights of ways in fiscal year 2023/24 and was not included in the originally adopted budget. 5906 — Hurricane Preparation requires a $1,850 budget amendment for the purchase of sandbags which were not included in the originally adopted budget. Pr 5907 — Hurricane Supplies requires a $46,600 budget amendment mainly due to the purchase of a Pop-up tent for Officers deployed to assist with Hurricane Milton on the West Coast of Florida totaling approximately $41,760 which were not included in the originally adopted budget. Other hurricane supplies were also purchased for approximately $4,840. Capital (80xx) — $0 net change Police (8020) $35,335 increase as outlined below. 6410 — Equipment > $5,000 requires a $35,335 budget amendment due to the repairs to the fuel tanks to comply with Department of Environmental Resource Management (DERM) regulations which were not included in the originally adopted budget. Community Services (8050-572) — $76,550 increase as outlined below. 6310 — Aventura Founders Park — $64,995 increase due to the below which were not included in the originally adopted budget- * $10,995 increase for the Founders Park North Basketball Court Project to install six (6) custom catch nets and fence poles for safety. o $32,000 for one (1) light pole and five (5) bollards at Founders Park South. o $22,000 for seven (7) replacement poles and shade screening for additional shade coverage on the pickleball courts. 6322 — Waterways Park Improvements — $11,555 increase for the fabrication and installation of new fencing at Waterways Park per School safety measures which was not included in the originally adopted budget. Public Works/Transportation (8054-539/541) — $182,960 increase as outlined below. 6421 — Government Center Improvements - $98,090 increase due to the below which were not included in the originally adopted budget- * $46,695 - Facility improvements on the 3rd floor o $29,845 — 5t" Floor Improvements and painting of offices, bathrooms, and lobby o $9,760 - 5t" Floor Office division in Finance department o $11,790 — HVAC Project previously funded by the ARPA grant. 6422 — Roofing Repairs Other Improvements - $33,480 increase for the emergency roof repairs at Founders North & Waterways Park Buildings. 6301 — Beautification Projects - $45,900 increase for the two (2) new City Welcome signs which were not included in the originally adopted budget. 6341 — Transportation System Improvements - $5,490 increase for delineators which were not included in the originally adopted budget. 3 Non -Departmental (8090-590) — ($294,845 decrease) as outlined below. 6208 — Building Impr/Equip - $275,825 increase due to the below which were not included in the originally adopted budget- * $825 increase due to the final inspection and repair of the DSAHS Kitchen Cut-out project o $275,000 for the Access Control for the Government Center 6999 — Capital Reserve — ($570,670) decrease which will cover the expenditure increases mentioned above under the Capital section. Transportation & Street Maintenance Fund (120) — $288,550 net increase 3110 - Engineering requires a budget amendment of $288,550 for the Vision Zero Grant, an engineering study for traffic safety, which was not included in the originally adopted budget This overage will be offset by the following revenue(s): • Federal Grants (3312200) - $256,000 • Interest (3611000) - $32,550 Citizens' Independent Transportation Trust (CITT) Fund (121) — $925,600 net increase 6305 — Road Resurfacing requires a budget amendment of $925,600 for milling and re- surfacing the remaining half of Country Club Drive which was not included in the originally adopted budget. This overage will be offset by the following revenue: • Carryover (3999000) - $925,600 If you should have any questions related to this memorandum, please feel free to contact the City Manager. C! CITY OF AVENTURA ORDINANCE NO. 2025- AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE NO. 2024-18 WHICH ORDINANCE ADOPTED A BUDGET FOR THE 2024/2025 FISCAL YEAR BY REVISING THE 2024/2025 FISCAL YEAR OPERATING AND CAPITAL BUDGET AS OUTLINED IN EXHIBIT "A" ATTACHED HERETO; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS ORDINANCE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, upon the periodic review and analysis of current budgetary commitments and obligations, and based upon the projected needs and requirements of the City and upon the recommendations of the City Manager (and the concurrence of the Finance Director as to Accounting Principles), it is deemed necessary to adjust, amend and implement the 2024/2025 Operating and Capital Budget as set forth in Exhibit "A" attached hereto and made a part hereof. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. That the recitals contained in the preamble to this Ordinance are incorporated by reference herein. Section 2. That the City Commission hereby authorizes the amendment of Ordinance No. 2024-18, which Ordinance adopted a budget for the 2024/2025 fiscal year, by revising the 2024/2025 budget as set forth on the attached Exhibit "A" which exhibits are deemed incorporated by reference as though set forth in full herein. Section 3. That the City Manager is hereby authorized to do all things necessary to carry out the aims of this Ordinance. City of Aventura Ordinance No. 2025- Section 4. Effective Date. That this Ordinance shall be effective immediately upon adoption on second reading and shall be applicable retroactively from and after October 1, 2024. The foregoing Ordinance was offered by Commissioner Kruss, who moved its adoption on first reading. This motion was seconded by Commissioner Ain, and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Yes Commissioner Gustavo F. Blachman Yes Commissioner Amit Bloom Yes Commissioner Rachel S. Friedland Yes Commissioner Paul A. Kruss Yes Vice Mayor Cindy Orlinsky Yes Mayor Howard S. Weinberg Yes The foregoing Ordinance was offered by Commissioner , who moved its adoption on second reading. This motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Clifford B. Ain Commissioner Gustavo F. Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Vice Mayor Cindy Orlinsky Mayor Howard S. Weinberg Page 2 of 3 City of Aventura Ordinance No. 2025- PASSED on first reading this 6t" day of May, 2025. PASSED AND ADOPTED on second reading this V day of June, 2025. HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. Page 3 of 3 Budget Amendment Fiscal Year 2024/25 Exhibit A Amended Amended Object Budget Budget Budget Code Category FY2024/25 Amendment FY2024/25 Intergovernmental Revenues 3377501 Grants from Local Government - County $ Subtotal $ Miscellaneous Revenues 3611000 Interest Earnings Other Operating Expenses $ 50,000 $ 50,000 - $ 50,000 $ 50,000 $ 1,500,000 $ 263,210 $ 1,763,210 Subtotal $ 1,500,000 $ 263,210 $ 1,763,210 Total General Fund Revenues $ 1,500,000 $ 313,210 $ 1,813,210 Office of the City Manager (0501) 5901 Contingency $ - $ 4,260 $ 4,260 MMAM Subtotal $ - $ 4,260 $ 4,260 Grants & Aides 8301 Other Grants and Aides $ - $ 82,500 $ 82,500 Subtotal $ - $ 82,500 $ 82,500 * Total Office of the City Manager $ - $ 86,760 $ 86,760 Community Development (4001) Contractual Services 3190 Professional Services - Other $ 70,000 $ 75,000 $ 145,000 Total Community Development $ 70,000 $ 75,000 $ 145,000 Page 1 Amended Amended Object Budget Budget Budget Code Category FY2024/25 Amendment FY2024/25 Community Services (5001) Other Charges & Services 4101 Telephone $ 13,000 $ 8,000 $ 21,000 Subtotal $ 13,000 $ 8,000 $ 21,000 Total Community Services $ 13,000 $ 8,000 $ 21,000 Arts & Cultural Center (7001) Contractual Services 3491 Other Contractual Services - Other $ 10,000 $ 12,000 $ 22,000 Subtotal $ 10,000 $ 12,000 $ 22,000 Total Arts & Cultural Center $ 10,000 $ 12,000 $ 22,000 Non -Departmental (9001) Commodities 5290 Other Operating Supplies $ 15,000 $ 5,000 $ 20,000 Subtotal $ 15,000 $ 5,000 $ 20,000 Other Operating Expenses 5901 Contingency $ 50,000 $ 78,000 $ 128,000 5906 Hurricane Preparation - 1,850 1,850 5907 Hurricane Supplies - 46,600 46,600 Subtotal $ 50,000 $ 126,450 $ 176,450 Total Non -Departmental $ 65,000 $ 131,450 $ 196,450 Capital Outlay Police (8020-521) 6410 Equipment > $5,000 $ 510,869 $ 35,335 $ 546,204 Subtotal $ 510,869 $ 35,335 $ 546,204 Page 2 Amended Amended Object Budget Budget Budget Code Category FY2024/25 Amendment FY2024/25 Community Services (8050-572) 6310 Aventura Founders Park $ 103,302 $ 64,995 $ 168,297 6322 Waterways Park Improvements - 11,555 11,555 Subtotal $ 103,302 $ 76,550 $ 179,852 Public Works/Transportation (8054-539/541) 6421 Government Center Improvements $ 80,000 $ 98,090 $ 178,090 6422 Roofing Repairs Other Improvements - 33,480 33,480 6301 Beautification Projects 21,604 45,900 67,504 6341 Transportation System Improvements - 5,490 5,490 Subtotal $ 101,604 $ 182,960 $ 284,564 Non -Departmental (8090-590) 6208 Building Impr/Equip $ - $ 275,825 $ 275,825 6999 Capital Reserve 2,988,970 (570,670) 2,418,300 Subtotal $ 2,988,970 $ (294,845) $ 2,694,125 Total Capital Outlay $ 3,704,745 $ - $ 3,704,745 Total General Fund Expenditures $ 3,862,745 $ 313,210 $ 4,175,955 Intergovernmental Revenues 3312200 Federal Grants Miscellaneous Revenues 3611000 Interest $ - $ 256,000 $ 256,000 Subtotal $ - $ 256,000 $ 256,000 $ 150,000 $ 32,550 $ 182,550 Subtotal $ 150,000 $ 32,550 $ 182,550 Total Transportation and Street Maintenance Fund Revenues $ 150,000 $ 288,550 $ 438,550 Page 3 Public Works/Transportation (5401-541) 3110 Engineering $ - $ 288,550 $ 288,550 Total Transportation and Street Maintenance Fund Expenditures $ - $ 288,550 $ 288,550 Fund Balance 3999000 Carryover $ - $ 925,600 $ 925,600 Total Citizens' Independent Transportation (CITT) Fund Revenues $ - $ 925,600 $ 925,600 Public Works/Transportation (5401-541) 6305 Road Resurfacing $ - $ 925,600 $ 925,600 Total Citizens' Independent Transportation (CITT) Fund Expenditures $ - $ 925,600 $ 925,600 Page 4