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HomeMy WebLinkAboutAgenda Item Summary FormG1�Y OF "v AGENDA ITEM SUMMARY FORM File ID: #10680 Date: 09/10/2021 Requesting Department: Little Haiti Revitalization Trust Commission Meeting Date: 09/23/2021 Sponsored By: Jeffrey Watson District Impacted: District 5 Type: Resolution Subject: Approve - Little Haiti Revitalization Trust Budget FY '22 Purpose of Item: APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE LITTLE HAITI REVITALIZATION TRUST ("TRUST"), ATTACHED AND INCORPORATED AS EXHIBIT "A", IN THE TOTAL AMOUNT OF $1,726,248.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2021 AND ENDING SEPTEMBER 30, 2022; FURTHER APPROVING AND ADOPTING THE TRUST'S MASTER PLAN, ATTACHED AND INCORPORATED AS EXHIBIT "B". Background Information: The City of Miami ("City") created and established the Little Haiti Revitalization Trust ("Trust") pursuant to Ordinance No. 13834 adopted April 25, 2019. The Trust is responsible for the oversight and facilitation of the City's revitalization and redevelopment activities in the Little Haiti area ("area"), promoting economic development, business and commerce in the area, and facilitating the development of affordable housing, engage in homebuyer assistance programs and market the area to encourage former residents and others to locate to the area. Section 12.5-49 of the Code of the City of Miami, Florida, as amended, provides that the Trust shall submit a budget to the City Commission for approval in a form acceptable to the City Manager ("Budget") and also submit an annual master plan ("Plan"). On September 8, 2021, the governing body of the Trust reviewed and approved the Trust's Budget in the total amount of $1,726,248.00 for the Fiscal Year commencing October 1, 2021 and ending September 30, 2022, attached and incorporated as Composite Exhibit "A", and the Plan, attached and incorporated as Composite Exhibit „B„ The Trust requests the approval of the Trust's Budget in the total amount of $1,726,248.00 for the Fiscal Year commencing October 1, 2021 and ending September 30, 2022, attached and incorporated as Exhibit "A", and the Plan, attached and incorporated as Exhibit "B". Budget Impact Analysis Item is NOT Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: 1,726,248.00 Legislative Division Department of NET Administration Office of Management and Budget Office of Management and Budget City Manager's Office City Manager's Office Office of the City Attorney Office of the City Attorney Office of the City Attorney City Commission Office of the Mayor Office of the City Clerk Office of the City Clerk Reviewed By Valentin J Alvarez Legislative Division Review Completed Voncarol Kinchens Department Head Review Completed Luis Hernandez -Torres Budget Analyst Review Completed Leon P Michel Budget Review Completed Fernando Casamayor Assistant City Manager Review Completed Arthur Noriega V City Manager Review Completed Xavier Alban ACA Review Completed Barnaby L. Min Deputy City Attorney Review Completed Victoria Mendez Approved Form and Correctness Completed Maricarmen Lopez Meeting Completed Mayor's Office Signed by the Mayor Completed City Clerk's Office Signed and Attested by the City Clerk Completed City Clerk's Office Rendered Completed 09/10/2021 2:34 PM 09/10/2021 3:53 PM 09/13/2021 8:49 AM 09/14/2021 1:55 PM 09/14/2021 4:02 PM 09/14/2021 5:28 PM 09/14/2021 5:58 PM 09/14/2021 6:19 PM 09/14/2021 6:34 PM 09/23/2021 5:05 PM 09/24/2021 3:33 PM 09/24/2021 3:37 PM 09/24/2021 3:37 PM City of Miami Legislation Resolution Enactment Number: R-21-0401 File Number: 10680 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date:9/23/2021 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS, APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE LITTLE HAITI REVITALIZATION TRUST ("TRUST"), ATTACHED AND INCORPORATED AS EXHIBIT "A," IN THE TOTAL AMOUNT OF $1,726,248.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2021 AND ENDING SEPTEMBER 30, 2022; FURTHER APPROVING AND ADOPTING THE TRUST'S ANNUAL MASTER PLAN, ATTACHED AND INCORPORATED AS EXHIBIT "B." WHEREAS, the City of Miami ("City") created and established the Little Haiti Revitalization Trust ("Trust") pursuant to Ordinance No. 13834 adopted April 25, 2019; and WHEREAS, the Trust is responsible for the oversight and facilitation of the City's revitalization and redevelopment activities in the Little Haiti area ("Area"); promoting economic development, business, and commerce in the Area; and facilitating the development of affordable housing, engaging in homebuyer assistance programs, and marketing the Area to encourage former residents and others to locate to the Area; and WHEREAS, Section 12.5-49 of the Code of the City of Miami, Florida, as amended, provides that the Trust shall submit an annual budget ("Budget") and an annual master plan ("Plan") to the City Commission for approval; and WHEREAS, on September 8, 2021, the governing body of the Trust reviewed and approved the Trust's Budget in the total amount of $1,726,248.00 for the Fiscal Year commencing October 1, 2021 and ending September 30, 2022, attached and incorporated as Exhibit "A," and the Plan, attached and incorporated as Exhibit "B;" and WHEREAS, the Trust requests the approval of the Trust's Budget in the total amount of $1,726,248.00 for the Fiscal Year commencing October 1, 2021 and ending September 30, 2022, attached and incorporated as Exhibit "A," and the Plan, attached and incorporated as Exhibit "B;" 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 incorporated as if fully set forth in this Section. Section 2. The Trust's Budget in the total amount of $1,726,248.00 for the Fiscal Year commencing October 1, 2021 and ending September 30, 2022, attached and incorporated as Exhibit 'A" and the Plan, attached and incorporated as Exhibit "B," are approved and adopted. Section 3. This Resolution shall be effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: 1 &ina City Httor ey 9/1412021 ' 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.