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HomeMy WebLinkAboutAgenda Item Summary FormC of p" �* AGENDA ITEM SUMMARY FORM File ID: #9495 Date: 08/09/2021 Requesting Department: Wynwood Business Improvement District Board Commission Meeting Date: 09/13/2021 Sponsored By: District Impacted: All Type: Resolution Subject: Approve Annual Budget FY'22 - Wynwood BID Purpose of Item: The Wynwood Business Improvement District wishes to submit the 2021-2022 Operational budget to the City Commission for approval, totaling $1,325,000. Background of Item: The Wynwood Business Improvement District Board of the city ("BID board") is herewith established for a period of ten years to improve and strengthen the area known as the Wynwood Arts District as more particularly described in Resolution No. 13-0228 adopted on June 13, 2013 through promotion, management, marketing, and other similar services, including but not limited to, coordination, funding, implementation and maintenance of infrastructure improvements, and other projects. The Wynwood Arts District shall be described herein as the "area." The BID board shall be the board charged with managing the Wynwood Business Improvement District ("BID"). Budget Impact Analysis Item is Related to Revenue Item is an Expenditure Total Fiscal Impact: N/A Reviewed By Wynwood Business Improvement District Board Review Completed 08/11/2021 4:39 PM Office of Management and Budget Calvin Fifer Office of Management and Budget Leon P Michel City Manager's Office Fernando Casamayor City Manager's Office Arthur Noriega V Legislative Division Valentin J Alvarez Office of the City Attorney Xavier Alban 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 Manny Gonzalez Department Head Budget Analyst Review Completed Budget Review Completed Assistant City Manager Review Completed City Manager Review Completed Legislative Division Review Completed ACA Review Completed Deputy City Attorney Review Completed Approved Form and Correctness Completed Meeting Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 08/12/2021 10:22 AM 08/12/2021 5:35 PM 08/12/2021 7:00 PM 08/13/2021 9:15 AM 08/13/2021 10:29 AM 08/24/2021 11:51 AM 08/24/2021 2:49 PM 08/25/2021 3:49 PM 09/13/2021 5:05 PM 09/23/2021 3:45 PM 09/23/2021 4:04 PM 09/23/2021 4:05 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-21-0370 File Number: 9495 Final Action Date:9/13/2021 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 EXHIBIT "A," IN THE TOTAL AMOUNT OF $1,325,000.00 TO PROVIDE FOR THE MANAGEMENT, OPERATION, AND MAINTENANCE OF THE BID FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2021 AND ENDING SEPTEMBER 30, 2022. 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, on August 4, 2021, the Board of Directors of the BID reviewed and approved the BID's budget for Fiscal Year 2021-2022 in the total amount of $1,325,000.00, attached and incorporated as Exhibit "A"; and WHEREAS, the BID requests the approval of its budget, attached and incorporated as Exhibit 'A" for the Fiscal Year commencing October 1, 2021 and ending September 30, 2022 in the total amount of $1,325,000.00; 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 annual budget, attached and incorporated as Exhibit "A," in the total amount of $1,325,000.00 for the Fiscal Year commencing October 1, 2021 and ending September 30, 2022 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. APPROVED AS TO FORM AND CORRECTNESS: Vf t6ria-Vrd6z, City Attor iey 8/25/2021