Flood of South American condo buyers now finding financing
Rising gas price, job growth spurring Tri-Rail ridership gains
Is a 5-star hotel about to check in on Key Biscayne condo site?
Latin American aviation event targeted for South Florida debut
Long-term individual buyers dominating Miami condo investing
County OKs Coconut Grove Playhouse takeover, makeover
Court this week to put last piece in mortgage licensing puzzle






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FYI Miami is a weekly feature of Miami Today, keeping readers ahead of the news. Here are highlights from the most current edition.
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   TAKE-AWAY TIME: Miami-Dade's new mayor has yet to be elected, but he or she has already lost the power to put legislation on the agenda. Commissioners voted Monday to bar members of the administration from sponsoring legislation, requiring that they get a commission sponsor to list a proposed ordinance or resolution. Under the new rules, the mayor may only sponsor mayoral appointments, debt obligations, construction contracts, labor agreements, special taxing districts initiated by petition, certificates of transportation, certificates of convenience and necessity, contract solicitations for buying goods and services, grant applications, grants and sub-grants, quasi-judicial items and matters where home rule charter, state or federal law require mayoral sponsorship.
   DIG DEEP: Miami-Dade is doing all it can to prepare for the big dig. In a move that could support 32,800 jobs statewide, the county commission voted Monday to urge the Florida Legislature to approve added funds to dredge the Port of Miami to a 50-foot depth and mark the job as a legislative priority throughout its 2011 session. While Gov. Rick Scott announced March 4 that he would pledge $77 million in Florida Department of Transportation Strategic Intermodal System funds to the work, to get the money flowing to the port the legislature needs to approve the funding in its five-year work program. The dredging would enable the port to accommodate the massive post-Panamax class ships that will be coming through the revamped canal.
   MEGA MOCA: Moving ahead with plans for a major expansion of the Museum of Contemporary Art in North Miami, the North Miami City Council has selected New York-based Gwathmey Siegel & Associates Architects to design the facility. The 27,000-square-foot expansion is to more than double the museum's space to 50,000 square feet, tripling exhibit space and adding a dedicated wing for its education center, The MOCA Art Institute. To be complete by August 2013, the project is estimated at $14 million. North Miami's up-to $1.15 million contract with Gwathmey architects is being funded by the North Miami Community Redevelopment Agency.
   RISING ARRIVALS: Passenger arrivals at Miami International Airport rose in February 7.8% year over year to 1.43 million travelers compared to February 2010's 1.326 million. International passenger arrivals also rose 6.6% year over year to 647,962 from 607,807 in February 2010. Domestic arrivals saw the largest hike in February to 782,267 travelers, compared to February 2010's 718,481, an 8.9% rise.
   
 

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