C7V - Extend Lincoln Road Restaurant Fee Abatement Pr...

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE (FERC) AT ITS JULY 8, 2026 MEETING, TO EXTEND THE LINCOLN ROAD OUTDOOR CONCESSION FEE ABATEMENT PROGRAM THROUGH FY 26-27, APPLYING ONLY TO RESTAURANTS THAT ARE NOT AFFILIATED WITH A NATIONAL CHAIN OR FRANCHISE, IN RESPONSE TO CONTINUING CONSTRUCTION-RELATED IMPACT ON LINCOLN ROAD; SAID PROGRAM PROVIDING THE FOLLOWING CONCESSION FEE ABATEMENTS DURING FY 26-27: (I) A 100% FEE ABATEMENT TO ANY NEW RESTAURANT FOR ITS FIRST THREE MONTHS, (II) A 100% ABATEMENT FOR EXISTING RESTAURANTS THAT ARE 800 SQUARE FEET (SF) OR LESS DURING THE MONTHS OF AUGUST, SEPTEMBER AND OCTOBER (“SLOW MONTHS”), AND (III) A 50% FEE REDUCTION TO EXISTING RESTAURANTS THAT ARE ABOVE 800 SF DURING THE SLOW MONTHS.