R5Y - Adjust Parking Rates and Cpi

AN ORDINANCE OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, BY AMENDING CHAPTER 1 OF THE CODE OF THE CITY OF MIAMI BEACH, ENTITLED “GENERAL PROVISIONS,” BY AMENDING SECTION 1-15, ENTITLED “FEE SCHEDULE,” BY AMENDING APPENDIX “A” THEREOF TO: (1) SUSPEND THE ANNUAL CPI ADJUSTMENT FOR RESIDENT PARKING RATES FOR A 3-YEAR PERIOD, STARTING IN FISCAL YEAR 2027; (2) REVISE TRANSIENT PARKING RATES FOR THE ENTERTAINMENT DISTRICT PARKING ZONE; (3) REVISE THE TRANSIENT PARKING RATES AT CERTAIN MUNICIPAL PARKING LOTS; AND (4) REMOVE THE ANNUAL CPI ADJUSTMENT AND REVERT BACK TO THE RATES PRIOR TO CPI FOR TRANSIENT AT MUNICIPAL PARKING GARAGES; AND PROVIDING FOR REPEALER, SEVERABILITY, CODIFICATION AND AN EFFECTIVE DATE.