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2006-052 RESOLUTION NO. 2006-52 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA AUTHORIZING THE CITY MANAGER TO EXECUTE AND OTHERWISE ENTER INTO THAT CERTAIN SECOND INTERLOCAL AGREEMENT BY AND BETWEEN THE CITY OF AVENTURA AND MIAMI- DADE COUNTY RELATING TO FPL FRANCHISE FEES; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS RESOLUTION; AND PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. The City Manager is hereby authorized on behalf of the City to execute and otherwise enter into that certain agreement by and between the City of Aventura and Miami-Dade County relating to FPL Franchise Fees. Section 2. The City Manager is hereby authorized to do all things necessary and expedient to carry out the aims of this Resolution. Section 3. This Resolution shall become effective immediately upon adoption. The foregoing resolution was offered by Vice Mayor Weinberg, who moved its adoption. The motion was seconded by Commissioner Joel, and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach Commissioner Bob Diamond Commissioner Harry Holzberg Commissioner Billy Joel Commissioner Michael Stern Vice Mayor Luz Urbaez Weinberg Mayor Susan Gottlieb yes yes yes yes yes yes yes Resolution No. 2006--.22 Page 2 PASSED AND ADOPTED this 1ih day of September, 2006. ~~. USAN GOTTLIEB, MAYOR APPROVED AS TO LEGAL SUFFICIENCY: N1~~ CITY ATTORNEY EMS/tms ADDENDUM TO SECOND INTERLOCAL AGREEMENT This Addendum to the Second Interlocal Agreement is made and entered into this day of 2006, by and between Miami-Dade County, a political subdivision of the State of Florida (the "County"), and the City of Aventura, a Florida municipality (the "City"). WHEREAS, County and City (collectively, the "Parties") have reviewed the Second Interlocal Agreement entered into on June 17, 1997 and have agreed to amend it to state a methodology to determine the amount of Franchise Fees paid by Florida Power and Light Company (FP&L) to the County for rights to utilize public rights-of-way located within the City that should be subsequently remitted annually by County to City (the "City Fees") beginning in Fiscal Year 2005-2006 (which constitutes the FP&L reporting period of the calendar year 2005) and continuing; and WHEREAS, County and City agree that the methodology to determine the amount of City Fees to be remitted annually by the County should be applied retroactively for Fiscal Years 2001-02,2002-03 and 2003-04; and WHEREAS, County and City have determined that the retroactive application of the methodology agreed by the Parties has resulted in additional City Fees that should be remitted by the County to the City, NOW, THEREFORE, in consideration of the mutual benefits derived there from, the Parties covenant and agree to amend section 1.1.1 of the Second Interlocal Agreement dated June 17, 1997 as follows: I. OBLIGATIONS OF THE COUNTY A. The County shall: 1.1.1 In addition to the City Fees previously paid by the County to City for Fiscal Years 2001-02, 2002-03, and 2003-04 (the "Historical Period"), the County agrees to pay City $1,651,278 in additional City Fees for such Historical Period. Such payment of additional City Fees shall be paid by the County in three annual installments of $550,426 per year during the three fiscal years 2005-06, 2006-07, and 2007-08. City agrees that these payments will satisfy any outstanding payment liability of the County for the Historical Period and that no additional City Fees will be due to City upon the satisfactory payment by County. 1.1.2 Beginning with the remittance of the City Fees for the Fiscal Year 2005- 06 which are to be paid on or before August 15, 2006, and for so long as the Franchise Ordinance is in effect and enforceable, the County shall determine the amount of the City Fees to be remitted by the County to the City utilizing the methodology as outlined in this amendment. With respect to the determination of the Franchise Fees to be submitted to the municipalities of Aventura, Key Biscayne, Pinecrest, Sunny Isles Beach, Palmetto Bay, Doral, Miami Gardens, and Miami Lakes (collectively, the "Cities") by the County, the following methodology shall be utilized, which is also illustrated on Table I for the determination of the Franchise Fees to be remitted by the County to the Cities for the Fiscal Year 2004-05, as follows: a. Determine from FP&L's records the total amount due to the Cities, Unincorporated Miami-Dade County Service Area (UMSA), and any new municipality which is created after the effective date of this addendum but before the expiration of the Franchise Ordinance (collectively, the "Recipients") based on six percent of FP&L gross revenues attributable to service being provided within the corporate limits and service area of the Recipients for the respective calendar year ("Gross Revenues"). See Column A. I b. Subtract from Gross Revenues the amount of municipal real and personal property taxes paid by FP&L on its real and I References to Columns in paragraph 1.1.2 relate to columns in Table I, which illustrates the application of the formula in paragraph 1.1.2. for the Fiscal Year 2004-05. 2 personal property within the respective corporate limits and service areas of the Recipients during the respective calendar year ("Municipal Taxes"). See Column B. c. Subtract from the Gross Revenues the total Countywide operating and debt service, Fire, Library, Florida Inland Navigation, Everglades Project, South Florida Water Management District property taxes, and other applicable taxes ("Regional Taxes") paid by FP&L on its real and personal property within the respective corporate limits and service areas of the Recipients, excluding any Regional Taxes paid on real and personal property associated with the Turkey Point and Cutler Power Generating Facility properties. See Column C. d. Determine the difference of the Gross Revenues less the Municipal Taxes and the Regional Taxes as defined above in items b and c ("Adjusted Franchise Fees"). See Column D. e. Subtract from the Adjusted Franchise Fees the equivalent Regional Taxes paid by FP&L for property in cities which have a separately executed franchise agreement with FP&L which was in effect as of the date of the Franchise Ordinance and the Regional Taxes paid by FP&L on Turkey Point and Cutler Power Generating Facilities that is recognized as a deduction by FP&L for the remittance of Franchise Fees to the County apportioned among the Recipients and based on the percent of each recipient's Adjusted Recipient Revenue to the total Adjusted Recipient Revenue for all recipients. (Prorated Amount). See Column E. f. The amount of the Franchise Fees to be paid by the County to the Cities shall be determined by subtracting from the Adjusted Recipient Revenue the apportioned Regional Taxes paid by FP&L for property in cities which have a separately executed franchise agreement as referenced in item e above (the "Net Franchise Fees"); See Column F. TABLE 1 A B C D E I F --- Gross Municipal Regional Taxes Subtotal Prorate Old NEW METHOD: Revenue Taxes (without PP) (without PP) Cities and PPs NEW METHOD Key Biscayne 1,052,948.54 (30,067.17) (65,751.72) 957,129.65 (183,488.76) 773,640.89 Aventura 2,935,149.30 (52,721.24 (249,678.96) 2,632,749.10 (504,717.28) 2,128,031.82 Pinecrest 1,410,244.51 (26,993.61) (115,092.80) 1,268,158.10 (243,115.19) 1,025,042.90 Sunny Isles 1,154,787.41 (44,890.94) (141,328.73) 968,567.74 (185,681.53) 782,886.21 Palmetto Bay 1,318,971.46 (113,681.82) (271,532.87) 933,756.77 (179,008.01) 754,748.76 Doral 2,183,185.46 (28,207.91) (115,562.24) 2,039,415.31 (390,970.85) 1,648,444.47 Miami Gardens 3,559,496.12 (57,675.45) (166,726.69) 3,335,093.98 (639,361.93) 2,695,732.04 Miami Lakes 1,884,173.36 (44,918.20) (162,685.02) 1,676,570.14 (321,410.77) 1,355,159.37 UMSA 54,913,188.18 (4,093,088.04) (8,602,362.23) 42,217,737.91 (8,093,449.45) 34.124.288.46 Total 70,412,144.34 (4,492,244.38) ,(9,890,721.27 56,029,178.69 (10,741,203.77) 45,287,974.92 1.1.3 Coincident with the annual calculation of the Net Franchise Fees to be remitted to the City by the County, the County will provide all supporting documentation for each of the local governments shown on Table I the following: i) Gross Revenues; ii) Municipal Taxes; iii) Regional Taxes by individual tax component; iv) the determination of the Regional Taxes for all cities which have a separately executed franchise agreement with FP&L which was in effect as of the date of the Franchise Ordinance by individual tax component by individual municipality reflected in the calculation and the Regional Taxes paid by FP&L on Turkey Point and Cutler Power Generating Facilities, both which are recognized as a deduction by FP&L for the remittance of Franchise Fees to the County (the Prorated Amount); v) the percentage for allocation of the Prorated Amount; and vi) the calculation of the Net Franchise Fees determined on the same basis as discussed above and shown on Table I. I. 1.4 To the extent that the County does not pay the Net Franchise Fees to the City by August 15th of each respective year, an interest charge for each day that payment is delinquent shall accrue. The interest rate will be based on the monthly 30-day investment rate published by the Florida State Board of Administration for the Local Government Investment Pool (SBA) for each month that payment is considered delinquent based on the number of days the payment is delinquent in such month. The delinquent payment will be paid by the County to the City and will be in addition to the payment of the Net Franchise Fees. Any delinquent payment will not be considered as a component of the Net Franchise Fees due to the City by the County. 4 IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be executed on their behalf as of the date first above written. CITY OF A VENTURA, a municipal corporation ATTEST: Teresa M. Soroka, MMC City Clerk By: Eric M. Soroka, ICMA-CM City Manager APPROVED AS TO FORM AND LEGAL City Attorney MIAMI-DADE COUNTY, a political subdivision of the State of Florida Attest: HARVEY RUVIN, Clerk By its Board of County Commissioners Deputy Clerk By: County Manager APPROVED AS TO FORM AND LEGAL SUFFICIENCY: County Attorney 5