City of Miami Proposed Lease and Redevelopment of existing Rickenbacker and Marine Stadium Marinas on Virginia Key
Miami city, Florida
My vote power: High
What does this measure do?
This measure would let Miami lease about 27.62 acres on Virginia Key for up to 75 years to redevelop two marinas. The private lessee would invest about $80 million and pay the city rent and a share of revenue; it sets no new tax.
Proposed by: Miami City Commission (Resolution R-26-0255)
The city's elected commission sent this Virginia Key marina lease with Virginia Key, LLC to voters for approval.
Source: miamifl.iqm2.com
A YES vote means
Miami could sign the proposed Virginia Key marina lease on the ballot's terms.
A NO vote means
Miami could not approve this proposed marina lease through the referendum.
Source: miami.gov