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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #9530 � IB Ri f �l� Date: 08/18/2021 Requesting Department: Midtown Community Redevelopment Agency Commission Meeting Date: 09/13/2021 Sponsored By: District Impacted: All Type: Resolution Subject: Approve Annual Budget FY '22 - Midtown CRA Purpose of Item: A request for the City of Miami Board of Commissioners to approve the attached Resolution approving and adopting the 2022's proposed budget of the CRA for the fiscal year commencing October 1, 2021 ending September 30, 2022. Background Information: N/A Budget Impact Analysis Item has NO budget impact Item is NOT Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: N/A Reviewed By Midtown Community Redevelopment Agency Review Completed 08/26/2021 10:13 AM Office of Management and Budget Donovan Dawson Office of Management and Budget Leon P Michel City Manager's Office Natasha Colebrook -Williams Legislative Division Valentin J Alvarez City Manager's Office Arthur Noriega V Office of the City Attorney Xavier Alban Office of the City Attorney Valentin J Alvarez Office of the City Attorney Maricarmen Lopez City Commission Nicole Ewan Office of the Mayor Mayor's Office Office of the City Clerk City Clerk's Office Office of the City Attorney Victoria Mendez Office of the City Clerk City Clerk's Office Miguel A Valentin Department Head Budget Analyst Review Completed Budget Review Completed Assistant City Manager Review Completed Legislative Division Review Completed City Manager Review Completed ACA Review Completed Deputy City Attorney Review Skipped Approved Form and Correctness Skipped Meeting Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Approved Form and Correctness Completed Rendered Completed 08/26/2021 7:13 PM 08/26/2021 8:38 PM 08/31 /2021 9:45 AM 09/01/2021 9:10 AM 09/01/2021 1:14 PM 09/01/2021 2:06 PM 09/01/2021 2:08 PM 09/13/2021 10:23 AM 09/13/2021 5:05 PM 09/23/2021 3:41 PM 09/23/2021 3:56 PM 10/14/2021 6:06 PM 10/14/2021 8:47 PM op City of Miami City Hall Legislation 3500 Pan American Drive g Miami, FL 33133 R www.miamigov.com Resolution Enactment Number: R-21-0359 File Number: 9530 Final Action Date:9/13/2021 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING AND APPROVING THE ANNUAL BUDGET OF THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY ("MIDTOWN CRA"), ATTACHED AND INCORPORATED AS EXHIBIT "A," IN THE TOTAL AMOUNT OF $20,638,418.00, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2021 AND ENDING SEPTEMBER 30, 2022. WHEREAS, on April 29, 2004, the City Commission adopted Resolution No. 04-0288 authorizing the City of Miami ("City"), Miami -Dade County ("County"), and the Midtown Miami Community Development District ("District") to undertake certain subsequent legal measures in accordance with the Community Redevelopment Act of 1969, as amended, under Chapter 163, Part III, Florida Statutes ("CRA Act"), and to enter into an interlocal agreement dated May 28, 2004 ("Original Interlocal Agreement") creating the Midtown Community Redevelopment Agency ("Midtown CRA") within the District under certain conditions to be fulfilled by the District in connection with the District's intent to issue special assessment bonds for certain capital improvements; and WHEREAS, on March 1, 2005, the County Board of County Commissioners ("County Commission") approved Resolution No. 213-05 adopting a Finding of Necessity and finding that the Midtown Redevelopment Area ("Midtown Area") was qualified under the conditions of the CRA Act for creation of the Midtown CRA and delegated to the City Commission the authority to create the Midtown CRA for the Midtown Area; and WHEREAS, on March 24, 2005, the City Commission adopted Resolution No.05-0194 creating the Midtown CRA and on May 26, 2005, adopted Resolution No. 05-0344 authorizing the City Manager to execute the First Amendment to the Original Interlocal Agreement ("First Amendment") among the City, the County, the District, and the newly created Midtown CRA; and WHEREAS, on June 30, 2005, the City, the County, the District, and the Midtown CRA entered into the First Amendment; and WHEREAS, on September 23, 2008, the City, the County, the District, and the Midtown CRA entered into a Second Amendment to the Original Interlocal Agreement ("Second Amendment"); and WHEREAS, the Original Interlocal Agreement, as amended by the First Amendment and the Second Amendment (collectively, "Interlocal Agreement"), requires the Midtown CRA to submit its annual budget for approvals by the City Commission and the County Commission; and WHEREAS, the Board of Commissioners of the Midtown CRA approved and adopted the Midtown CRA's Proposed Budget for the fiscal year commencing October 1, 2021 and ending September 30, 2022 in the total amount of $20,638,418.00, attached and incorporated as Exhibit 'A" on September 13, 2021; and WHEREAS, the Board of Commissioners of the Midtown CRA requests the City Commission to approve and adopt the Midtown CRA's proposed budget for the fiscal year commencing October 1, 2021 and ending September 30, 2022 in the total amount of $20,638,418.00, attached and incorporated as Exhibit "A;" 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 approved by reference and incorporated as if fully set forth in this Section. Section 2. The Annual Budget of the Midtown CRA, attached and incorporated as Exhibit 'A" in the total amount of $20,638,418.00 for the fiscal year commencing October 1, 2020 and ending September 30, 2021, is accepted and approved. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: r i ria i "ndez, Ci[y Attor ey 10/1412021 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.