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HomeMy WebLinkAboutR-20-0282City of Miami 1 i.RR .I Legislation alldl 1l+ Resolution: R-20-0282 File Number: 7729 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 ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE BAYFRONT PARK MANAGEMENT TRUST IN THE AMOUNT OF $1,929,651.00, ATTACHED AND INCORPORATED AS COMPOSITE EXHIBIT "A", TO PROVIDE FOR THE MANAGEMENT, OPERATIONS, MAINTENANCE, AND CAPITAL IMPROVEMENTS OF THE MILDRED AND CLAUDE PEPPER BAYFRONT PARK AND MAURICE A. FERRE PARK FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2020 AND ENDING SEPTEMBER 30, 2021. WHEREAS, the Bayfront Park Management Trust ("Trust") is a limited agency and instrumentality of the City of Miami ("City") created pursuant to Ordinance No. 10348 adopted November 19, 1987, as subsequently amended from time to time; and WHEREAS, the Trust is responsible for directing, operating, managing, and maintaining all aspects of Mildred and Claude Pepper Bayfront Park and Maurice A. Ferre Park (collectively, "Parks"); and WHEREAS, Section 38-109 of the Code of the City of Miami, Florida, as amended, provides that the Trust shall submit its annual budget for the management, operation, maintenance, and capital expenditures of the Parks to the City Commission for approval; and WHEREAS, the governing body of the Trust reviewed and approved the Trust's annual budget for Fiscal Year 2020-2021 in the amount of $1,929,651.00 as set forth in Composite Exhibit "A," attached and incorporated, on July 28, 2020 for the management, operation, maintenance, and capital expenditures for the Parks; and WHEREAS, the Trust requests the approval by the City Commission of the budget for Fiscal Year 2020-2021 in the amount of $1,929,651.00 as set forth in Composite Exhibit "A," attached and incorporated; 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 Trust's budget for the management, operation, maintenance, and capital improvements of the Parks in the amount of $1,929,651.00 for Fiscal Year 2020-2021 as set forth in Composite Exhibit "A," attached and incorporated, is hereby approved and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and City of Miami Page 1 of 2 File ID: 7729 (Revision:) Printed On: 101712020 File ID: 7729 Enactment Number: R-20-0282 signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: 1 "na dez,City Httor 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. City of Miami Page 2 of 2 File ID: 7729 (Revision:) Printed on: 101712020