HomeMy WebLinkAboutAgenda Item Summary Formo
y� AGENDA ITEM SUMMARY FORM
II ° File ID: #9475
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Date: 08/03/2021 Requesting Department: Downtown
Development Authority
Commission Meeting Date: 09/13/2021 Sponsored By:
District Impacted: All
Type: Resolution
Subject: Approve Proposed Additional Tentative Millage for FY '22 DDA
Purpose of Item:
The Miami Downtown Development Authority of the City of Miami ("Miami DDA")
requests that the City Commission adopt the attached Resolution setting the tentative
millage rate thereof.
Background of Item:
Chapter 14 of the City of Miami Code authorizes the City Commission to levy an
additional ad valorem tax revenue on all real and personal property within the Miami
DDA, not to exceed 0.4750 mills on the dollar valuation of such property for financing
the operations of the Miami DDA.
Attached is a Resolution for the City Commission approval, which fixes the Miami DDA
tentative millage rate at 0.4681 mills and levies taxes for the fiscal year beginning
October 1, 2021 and ending September 30, 2022.
The tentative millage rate is the same as the current year's rate. 2.43% Increase from
the 0.4570 rollback rate.
Budget Impact Analysis
Item is NOT funded by Bonds
Item is NOT Related to Revenue
Item has NO budget impact
Total Fiscal Impact:
Item has NO budget impact.
Reviewed By
Downtown Development Authority
Christina Crespi
Department Head Review
Completed
08/11/2021 1:13 PM
Office of Management and Budget
Pedro Lacret
Budget Analyst Review
Completed
08/11/2021 4:32 PM
Office of Management and Budget
Leon P Michel
Budget Review
Completed
08/11/2021 5:21 PM
City Manager's Office
Fernando Casamayor
Assistant City Manager Review
Completed
08/12/2021 7:03 PM
City Manager's Office
Arthur Noriega V
City Manager Review
Completed
08/13/2021 9:16 AM
Legislative Division
Valentin J Alvarez
Legislative Division Review
Completed
08/13/2021 10:11 AM
Office of the City Attorney
Xavier Alban
ACA Review
Completed
08/27/2021 4:52 PM
Office of the City Attorney
Barnaby L. Min
Deputy City Attorney Review
Completed
08/27/2021 5:00 PM
Office of the City Attorney
Victoria Mendez
Approved Form and Correctness
Completed
08/30/2021 12:55 PM
City Commission
Nicole Ewan
Meeting
Completed
09/13/2021 5:05 PM
Office of the Mayor Mayor's Office Signed by the Mayor Completed 09/23/2021 3:40 PM
Office of the City Clerk City Clerk's Office Signed and Attested by the City Clerk Completed 09/23/2021 3:54 PM
Office of the City Clerk City Clerk's Office Rendered Completed 09/23/2021 3:54 PM
GSY v
City of Miami
City Hall
LeLegislation
3500 Pan American Drive
g Miami, FL 33133
R Resolution www.miamigov.com
Enactment Number: R-21-0356
File Number: 9475 Final Action Date:9/13/2021
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS,
PROPOSING AN ADDITIONAL TENTATIVE MILLAGE RATE FOR AD VALOREM
TAXATION PURSUANT TO SECTION 200.065, FLORIDA STATUTES; DEFINING
AND DESIGNATING THE TERRITORIAL LIMITS OF THE DOWNTOWN
DEVELOPMENT DISTRICT ("DISTRICT") OF THE CITY OF MIAMI; LEVYING AN
ADDITIONAL AD VALOREM TAX ON ALL REAL AND PERSONAL PROPERTY IN
THE DISTRICT AT THE RATE OF 0.4681 MILLS ON THE DOLLAR OF TAXABLE
VALUE OF SUCH PROPERTY IN THE DISTRICT FOR THE PURPOSE OF
FINANCING THE OPERATION OF THE MIAMI DOWNTOWN DEVELOPMENT
AUTHORITY OF THE CITY OF MIAMI, FLORIDA FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2021 AND ENDING SEPTEMBER 30, 2022; PROVIDING
THAT THE TENTATIVE MILLAGE SHALL BE IN ADDITION TO THE MILLAGE
ADOPTED BY THE CITY COMMISSION PURSUANT TO ARTICLE VII, SECTION 9
OF THE FLORIDA CONSTITUTION AND SECTION 166.211, FLORIDA STATUTES,
AS WELL AS ANY SPECIAL ASSESSMENTS IMPOSED BY THE SAME; PROVIDING
THAT THIS RESOLUTION SHALL NOT BE DEEMED AS REPEALING OR
AMENDING ANY OTHER RESOLUTION OR ANY ORDINANCE FIXING MILLAGE OR
LEVYING TAXES, BUT SHALL BE DEEMED SUPPLEMENTAL AND IN ADDITION
THERETO; CONTAINING A SEVERABILITY CLAUSE; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the City Commission, pursuant to Chapter 65-1090, Laws of Florida; Section
189.056, Florida Statutes (T.S."); and Section 14-60 of the Code of the City of Miami, Florida,
as amended ("City Code"), is authorized to levy an additional ad valorem tax on the taxable
value of all real and personal property in the Downtown Development District, the boundaries of
which are established in Section 14-27 of the City Code, attached and incorporated as Exhibit
"A" ("District"), not exceeding 0.4750 mills on the dollar valuation of such property for the
purpose of financing the operation of the Miami Downtown Development Authority of the City of
Miami, Florida ("Miami DDA") as affirmed in Milan Investment Group v. City of Miami, 172 So.
3d 458 (Fla. 3rd DCA 2015); and
WHEREAS, Section 200.065, F.S., sets forth the method of computing, proposing, and
fixing a millage rate for ad valorem taxation; and
WHEREAS, on July 1, 2021, the Miami -Dade County Property Appraiser ("Property
Appraiser"), pursuant to Section 200.065(1), F.S., certified to the Miami DDA the taxable value
of property within the territorial limits of the District at $22,648,089,020, attached and
incorporated as Exhibit "B;" and
WHEREAS, the Miami DDA prepared a proposed budget for the Fiscal Year beginning
October 1, 2021 and ending September 30, 2022 and computed a tentative millage rate of
0.4681 mills, which is necessary to fund the proposed budget other than the portion of the
Miami DDA's budget to be funded from sources other than ad valorem taxes; and
WHEREAS, on July 22, 2021, the City Commission adopted Resolution No. R-21-0317,
attached and incorporated as Exhibit "C," wherein it authorized the Executive Director of the
Miami DDA to submit to the Property Appraiser and the Miami -Dade County Tax Collector the
tentative millage rate of 0.4681 mills, together with other required information set forth in Section
200.65(2)(b), F.S.; and
WHEREAS, Section 200.065(5)(a)(1), F.S., requires that the now tentative millage rate of
0.4681 mills would further require, at the time of a second hearing, a four -fifths (4/5ths)
affirmative vote of the City Commission on the final determination to adopt such tentative
millage rate; and
WHEREAS, Section 200.065(2)(c), F.S., requires the City Commission to hold a first
budget public hearing on the proposed budget and the tentative millage rate;
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. There shall be levied an additional ad valorem tax on the taxable value of all
real and personal property within the District at a rate of 0.4681 mills on the dollar of the taxable
value of such property for the purpose of financing the operation of the Miami DDA for the Fiscal
Year beginning October 1, 2021 and ending September 30, 2022.
Section 3. The Miami DDA's tentative millage rate herein adopted is 2.43% greater than
the rolled -back rate of 0.4570 mills.
Section 4. The Miami DDA's tentative millage rate adopted and the ad valorem taxes
levied pursuant to this Resolution shall be in addition to the fixing of the tentative millage rate
adopted and ad valorem taxes levied by the City Commission pursuant to Article VII, Section 9
of the Florida Constitution and Section 166.211, F.S., as well as in addition to any special
assessments imposed by the same.
Section 5. This Resolution shall neither repeal nor amend any other resolution or
ordinance adopting tentative millage or levying ad valorem taxes for the Fiscal Year beginning
October 1, 2021 and ending September 30, 2022 but shall be deemed supplemental and in
addition thereto.
Section 6. If any section, part of a section, paragraph, clause, phrase, or word of this
Resolution is declared invalid, the remaining provisions of the Resolution shall not be affected.
Section 7. 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.
APPROVED AS TO FORM AND CORRECTNESS:
Vf t6ria-Vrd6z, City Attor iey 8/30/2021