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HomeMy WebLinkAboutR-18-03910FCity of Miami G�TY 'LJ 1 Legislation * IA61RR uuu �F l ° R I° Resolution: R-18-0391 File Number: 4595 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 9/13/2018 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE WYNWOOD BUSINESS IMPROVEMENT DISTRICT ("BID"), ATTACHED AND INCORPORATED, IN THE TOTAL AMOUNT OF $1,430,160.00 TO PROVIDE FOR THE MANAGEMENT, OPERATION, AND MAINTENANCE OF THE BID FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2018 AND ENDING SEPTEMBER 30, 2019. WHEREAS, the City of Miami ("City") established the Wynwood Business Improvement District ("BID") pursuant to Ordinance No. 13404 adopted September 12, 2013, as amended by Ordinance No. 13453 adopted May 8, 2014, and Ordinance No. 13554 adopted September 24, 2015; and WHEREAS, pursuant to Chapter 2, Article XI, Division 21 of the Code of the City of Miami, Florida, as amended ("City Code"), the BID was established to stabilize and improve retail and other businesses within Wynwood through promotion, management, marketing, and other similar services, including but not limited to, coordination, funding, implementation, and maintenance of infrastructure improvements, security, sanitation, and other projects; and WHEREAS, Section 2-1323 of the City Code provides that the BID shall submit its annual budget for its management, operation, and maintenance to the City Commission for approval; and WHEREAS, the Board of Directors of the BID reviewed and approved the BID's budget for Fiscal Year 2018-2019 in the total amount of $1,430,160.00 on July 11, 2018; and WHEREAS, the BID requests the approval of the budget for the Fiscal Year commencing October 1, 2018, and ending September 30, 2019, in the amount of $1,430,160.00; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The BID's Fiscal Year 2018-2019 budget in the total amount of $1,430,160.00 for the Fiscal Year commencing October 1, 2018, and ending September 30, 2019, attached and incorporated, is approved and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.' ' If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days City of Miami Page 1 of 2 File ID: 4595 (Revision:) Printed On: 911012020 File ID: 4595 APPROVED AS TO FORM AND CORRECTNESS: i ria ndez, Cify Attor iey 8/29/2018 Enactment Number: R-18-0391 from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File ID: 4595 (Revision:) Printed on: 911012020