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HomeMy WebLinkAboutR-21-0368City of Miami tn�l6_OF Fa. V Legislation *tliti fill! IiRl 11 +*� Resolution: R-21-0368 File Number: 9478 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 9/13/2021 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE VIRGINIA KEY BEACH PARK TRUST ("TRUST"), ATTACHED AND INCORPORATED AS EXHIBIT "A,' IN THE AMOUNT OF $955,000.00 IN ANTICIPATED REVENUE AND $300,000.00 FROM CITY OF MIAMI OPERATING FUNDS, FOR A TOTAL AMOUNT OF $1,255,000.00, TO PROVIDE FOR THE MANAGEMENT, OPERATION, AND MAINTENANCE OF THE TRUST FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2021 AND ENDING SEPTEMBER 30, 2022. WHEREAS, the Virginia Key Beach Park Trust ("Trust") is a limited agency and instrumentality of the City of Miami ("City") created pursuant to Ordinance No. 12003 adopted December 14, 2000; and WHEREAS, the Trust, in cooperation with the Department of Parks and Recreation and other City departments, is guided by its vision to preserve the Historic Virginia Key Beach Park property in a manner consistent with the environmental health, public use, historical importance of the park, and the aspirations of the African American community; and WHEREAS, Section 38-237 of the Code of the City of Miami, Florida, as amended, provides that the Trust shall submit its annual budget for its management, operation, maintenance, and capital expenditures to the City Commission for approval; and WHEREAS, the governing body of the Trust reviewed and approved the Trust's budget for Fiscal Year 2021-2022 on June 7, 2021; and WHEREAS, the Trust requests the approval of the budget, attached and incorporated as Exhibit 'A" for the Fiscal Year commencing October 1, 2021 and ending September 30, 2022 in the amount of $955,000.00 in anticipated revenue and $300,000.00 from the City's operating funds for a total amount of $1,255,000.00; 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 Trust's Fiscal Year 2021-2022 annual budget, attached and incorporated as Exhibit 'A" in the total amount of $1,255,000.00 for the Fiscal Year commencing October 1, 2021 and ending September 30, 2022 is approved and adopted. City of Miami Page 1 of 2 File ID: 9478 (Revision: A) Printed On: 912412021 File ID: 9478 Enactment Number: R-21-0368 Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: 1 &ina z, ity ttor ey 9/22/2021 ' If the Mayor does not sign this Resolution, it shall become effective at the end of (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 commission. City of Miami Page 2 of 2 File ID: 9478 (Revision: A) Printed on: 912412021