Reso 2010-1646 - Laserfiche WebLink

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RESOLUTION NO. 2010-~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, EXPRESSING SUPPORT FOR THE ALLOCATION OF SEVENTY-FIVE MILLION DOLLARS ($75,000,000.00) IN FEDERAL FUNDS FOR THE DREDGING OF THE PORT OF MIAMI UP TO -50 FEET; PROVIDING DIRECTIVE TO THE CITY CLERK; PROVIDING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Port of Miami is the largest container port in Florida and is a vital contributor to the local, state and national economy accounting for 176,000 jobs and $17 Billion economic impact to the economy of South Florida; and WHEREAS, in the anticipation of expanding trade and commerce, the Port of Miami has been authorized by Congress to dredge to a depth of -50 feet; and WHEREAS, upon completion of the dredging of the Miami federal shipping channel to -50 feet an additional 33,000 jobs over ten (10) years will be created; and WHEREAS, the Port of Miami Deep Dredge will allow cargo to double within ten (10) years, providing billions of dollars in wealth, allowing South Florida to grow international trade and commerce exponentially; and WHEREAS, the completion of the expansion of the Panama Canal in 2014 will require deepening of the Miami federal ship channel to -50 feet to accommodate the larger vessels from the Pacific; and WHEREAS, the Port of Miami Deep Dredge is necessary to make the Port of Miami competitive with nearby foreign ports; and WHEREAS, the dredging cost is estimated at $150 Million, with $75 Million already committed by local sources; and WHEREAS, the Port of Miami Deep Dredge IS considered a project of national significance; and WHEREAS, the Sunny Isles Beach City Commission hereby expresses its support for the allocation of $75 Million in federal funds for the dredging of the Port of Miami to -50 feet. NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: