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HomeMy WebLinkAboutAgenda Item Summary FormG1SY �F�! Hw AGENDA ITEM SUMMARY FORM * '""Its File ID: #4595 O R� Date: 08/20/2018 Requesting Department: Wynwood Business Improvement District Board Commission Meeting Date: 09/13/2018 Sponsored By: District Impacted: All Type: Resolution Subject: Approve Annual Budget FY'19 - Wynwood BID Purpose of Item: Annual approval of 2018-2019 budget. Background of Item: The Wynwood Business Improvement District Board of the city ("BID board") is herewith established for a period of ten years to improve and strengthen the area known as the Wynwood Arts District as more particularly described in Resolution No. 13-0228 adopted on June 13, 2013 through promotion, management, marketing, and other similar services, including but not limited to, coordination, funding, implementation and maintenance of infrastructure improvements, and other projects. The Wynwood Arts District shall be described herein as the "area." The BID board shall be the board charged with managing the Wynwood Business Improvement District ("BID"). Budget Impact Analysis Item is Related to Revenue Total Fiscal Impact: $1,430,160 Reviewed By wynwood Business Improvement District Board Review Completed 08/24/2018 10:35 AM Office of Management and Budget Everton Garvis Office of Management and Budget Christopher M Rose City Manager's Office Fernando Casamayor Legislative Division Valentin J Alvarez City Manager's Office Nikolas Pascual Office of the City Attorney Barnaby L. Min Office of the City Attorney Victoria Mendez City Commission Nicole Ewan Office of the Mayor Mayor's Office Office of the City Clerk City Clerk's Office Office of the City Clerk City Clerk's Office Manny Gonzalez Department Head Budget Analyst Review Completed Budget Review Completed Assistant City Manager Review Completed Legislative Division Review Completed City Manager Review Completed Deputy City Attorney Review Completed Approved Form and Correctness Completed Meeting Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 08/24/2018 12:05 PM 08/24/2018 12:10 PM 08/24/2018 2:20 PM 08/27/2018 9:57 AM 08/27/2018 11:07 AM 08/27/2018 11:12 AM 08/29/2018 2:42 PM 09/13/2018 5:05 PM 09/24/2018 4:20 PM 09/24/2018 4:49 PM 09/24/2018 10:23 PM City of Miami Legislation Resolution Enactment Number: R-18-0391 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 4595 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 from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective APPROVED AS TO FORM AND CORRECTNESS: i ria ndez, ity Attor iey 8/29/2018 immediately upon override of the veto by the City Commission.