HomeMy WebLinkAboutR-20-0285City of Miami
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Legislation
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Resolution: R-20-0285
File Number: 7777
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 WYNWOOD
BUSINESS IMPROVEMENT DISTRICT ("BID"), ATTACHED AND
INCORPORATED AS COMPOSITE EXHIBIT "A", IN THE AMOUNT OF
$1,153,579.00 TO PROVIDE FOR THE MANAGEMENT, OPERATION, AND
MAINTENANCE OF THE BID FOR THE FISCAL YEAR COMMENCING
OCTOBER 1, 2020 AND ENDING SEPTEMBER 30, 2021.
WHEREAS, pursuant to Chapter 2, Article XI, Division 21 of the Code of the City of
Miami, Florida, as amended ("City Code"), the Wynwood Business Improvement District ("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 2020-2021 in the total amount of $1,153,579.00 on July 8, 2020 as set forth in
Composite Exhibit "A," attached and incorporated; and
WHEREAS, the BID requests the approval of the budget for Fiscal Year 2020-2021 in
the total amount of $1,153,579.00 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 BID's Fiscal Year 2020-2021 budget, attached and incorporated as
Composite Exhibit "A," in the amount of $1,153,579.00 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
immediately upon override of the veto by the City Commission.
City of Miami Page 1 of 2 File ID: 7777 (Revision:) Printed On: 101712020
File ID: 7777
Enactment Number: R-20-0285
APPROVED AS TO FORM AND CORRECTNESS:
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Vft6ria-Vrdel, City Attor iey 813112020
City of Miami Page 2 of 2 File ID: 7777 (Revision:) Printed on: 101712020