South Beach, Art Basel, Convention Center, Taxing District Deal

After 20 years of fighting South Beach blight, taxing district seeks extension | The Miami Herald: "...“Look what Art Basel brought to town,” said Stuart Blumberg, the retired head of a county hotel trade group and the former chairman of Miami Beach’s convention-center advisory panel. “If you put a better product out on the street, you’re going to bring more people here and everybody benefits.” Mayor Levine secured Gimenez’s backing of the CRA extension as part of a larger agreement that allows Miami-Dade to delay an $18 million payment to Miami Beach for another taxing district in the city’s South Pointe area. The deferred payment was crucial to Gimenez closing a budget gap for the 2015 fiscal year that initially had him proposing steep police cuts....." (read more at the link above)

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