Miami Beach Convention Center Deal

Convention-center deal would briefly ease Miami-Dade budget gap - Miami-Dade - "A plan to use Miami-Dade property taxes for an expanded Miami Beach Convention Center is helping county Mayor Carlos Gimenez narrow a looming budget gap. As part of a complicated swap with Miami Beach, Gimenez wants to delay paying $18 million in property taxes to the resort city this year and another $14 million in 2016. In exchange, Miami-Dade would add about 20 years to the life of a special taxing district around the Lincoln Road area — which is forecast to cost Miami-Dade about $800 million in diverted property taxes during the extension through 2045...."

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