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HomeMy WebLinkAboutR-20-0307City of Miami 1 i.RR .I Legislation alldl 1lm Resolution: R-20-0307 File Number: 7812 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 9/24/2020 A RESOLUTION OF THE MIAMI CITY COMMISSION APPROVING THE CITY OF MIAMI'S ("CITY") FISCAL YEAR 2020-21 MULTI —YEAR CAPITAL PLAN ("PLAN") AS REQUIRED PURSUANT TO THE COMMUNITY PLANNING ACT, SPECIFICALLY SECTIONS 163.3161 AND 163.3177, FLORIDA STATUTES (2019), AND CHAPTER 18/ARTICLE IX/DIVISIONS 1 AND 2 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, TITLED "FINANCIAL/FINANCIAL POLICIES/ANTI—DEFICIENCY ACT/FINANCIAL INTEGRITY PRINCIPLES," TO SET FORTH THE CITY'S FISCAL NEEDS FOR CAPITAL IMPROVEMENTS, SUBJECT TO AN ANNUAL PLAN REVIEW, TO DETERMINE PROJECT PRIORITIES, TO ADD NEW CAPITAL PROJECTS, AND TO MODIFY FUNDING ALLOCATIONS AS NECESSARY; PROVIDING FOR INCORPORATION OF SUBSEQUENT AMENDMENTS TO THE PLAN; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, a capital improvement programming process to support the Miami Neighborhood Comprehensive Plan is required pursuant to the Community Planning Act ("Act"), specifically, Sections 163.3161 and 163.3177, Florida Statutes (2019), and Chapter 18/Article IX/Divisions 1 and 2 of the Code of the City of Miami, Florida, as amended ("City Code"), titled "Finance/Financial Policies/Anti-Deficiency Act/Financial Integrity Principles;" and WHEREAS, the City of Miami's ("City") Fiscal Year 2020-21 Proposed Multi -Year Capital Plan as presented to the City Commission, filed with the City Clerk, and posted on the City's website on July 21, 2020 incorporates the Fiscal Year 2019-20 Multi -Year Capital Plan set forth in Resolution No. R-19-0374 adopted September 26, 2019, Resolution No. R-19-0506 adopted December 12, 2020, Resolution No. R-20-0044 adopted February 13, 2020, and Resolution No. R-20-0167 adopted June 11, 2020 (collectively, "Proposed Plan"); and WHEREAS, the Proposed Plan is a policy and management tool to plan municipal borrowing and indebtedness over a period of time, to establish annual expenditures within a framework of long-range fiscal requirements, and to serve as an official statement of the City's development plans; 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 Proposed Plan as presented to the City Commission, filed with the City Clerk, and posted on the City's website on July 21, 2020 is incorporated herein by reference and is approved as required pursuant to Sections 163.3161 and 163.3177, Florida Statues (2019), and Chapter 18/Article IX/Division 1 and 2 of the City Code to set forth the City's fiscal City of Miami Page 1 of 2 File ID: 7812 (Revision:) Printed On: 1011912020 File ID: 7812 Enactment Number: R-20-0307 needs for capital improvements, subject to an annual plan review, to determine project priorities, to add new capital projects, and to modify funding allocations as necessary. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: 1 i ria i "ndez, Cify Kttor iey 8/31/2020 ' 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: 7812 (Revision:) Printed on: 1011912020