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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #7784 Date: 08/17/2020 Requesting Department: Liberty City Community Revitalization Trust Commission Meeting Date: 09/10/2020 Sponsored By: District Impacted: District 5 Type: Resolution Subject: Approve Annual Budget FY '21 - Liberty City Community Revitalization Trust Purpose of Item: To approve the Liberty City Trust's supplemental annual budget for FY2020-2021 in the amount of $809,711.00. Background of Item: N/A Budget Impact Analysis Item is Related to Revenue Item is NOT funded by Bonds Item has NO budget impact Total Fiscal Impact: $809,711.00 Reviewed By Liberty City Community Revitalization Trust Review Completed 08/25/2020 2:53 PM Office of Management and Budget Jacques Joseph Office of Management and Budget Christopher M Rose City Manager's Office Fernando Casamayor Legislative Division Valentin J Alvarez City Manager's Office Arthur Noriega V 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 Elaine Black 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 Unsigned by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 08/28/2020 10:48 AM 08/28/2020 12:42 PM 08/28/2020 3:27 PM 08/28/2020 3:30 PM 08/31/2020 11:46 AM 08/31/2020 2:38 PM 08/31/2020 9:02 PM 09/10/2020 5:05 PM 09/11/2020 7:18 PM 09/11/2020 7:36 PM 09/11/2020 7:36 PM of .�f City of Miami * iMonr 61ATF0 Is Legislation d O ` Resolution Enactment Number: R-20-0281 File Number: 7784 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date:9/10/2020 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS, APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE LIBERTY CITY COMMUNITY REVITALIZATION TRUST ("TRUST"), ATTACHED AND INCORPORATED AS COMPOSITE EXHIBIT "A", IN THE AMOUNT OF $809,711.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2020 AND ENDING SEPTEMBER 30, 2021; FURTHER APPROVING AND ADOPTING THE TRUST'S MASTER PLAN, ATTACHED AND INCORPORATED AS COMPOSITE EXHIBIT "B". WHEREAS, the City of Miami ("City") created and established the Liberty City Community Revitalization Trust ("Trust") pursuant to Ordinance No. 12859 adopted October 12, 2006, as subsequently amended; and WHEREAS, the Trust is responsible for the oversight and facilitation of the City's revitalization and redevelopment activities in the Liberty City area as well as for the District 5 neighborhoods owner -occupied affordable housing improvements grant program for low income homeowners; and WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as amended, provides that the Trust shall submit a budget to the City Commission for approval in a form acceptable to the City Manager ("Budget") and also submit an annual master plan ("Plan"); and WHEREAS, on August 19, 2020, the governing body of the Trust reviewed and approved the Trust's Budget in the amount of $809,711.00 for Fiscal Year 2020-2021, attached and incorporated as Composite Exhibit "A", and the Plan, attached and incorporated as Composite Exhibit "B"; and WHEREAS, the Trust requests the approval of the Fiscal Year 2020-2021 Budget in the total amount of $809,711.00, attached and incorporated as Composite Exhibit "A", and the Plan, attached and incorporated as Composite Exhibit "B"; 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 incorporated as if fully set forth in this Section. Section 2. The Fiscal Year 2020-2021 Trust Budget in the amount of $809,711.00, attached and incorporated as Composite Exhibit "A," and the Plan, attached and incorporated as Composite Exhibit "B", are approved and adopted. Section 3. This Resolution shall be effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: 1 i , na4inde�z, CiFy Attor iey 8/3112020 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 immediately upon override of the veto by the City Commission.