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HomeMy WebLinkAboutR-22-0342City of Miami op Resolution R-22-0342 alldl 11 li.Rl I + Legislation File Number: 12462 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 9/13/2022 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE THIRD SUPPLEMENTAL BUDGET OF THE LIBERTY CITY COMMUNITY REVITALIZATION TRUST, ATTACHED AND INCORPORATED AS EXHIBIT "G," IN THE AMOUNT OF ONE MILLION, ONE HUNDRED NINETEEN THOUSAND, ONE HUNDRED SIXTY-NINE DOLLARS ($1,119,169.00), FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2021, AND ENDING SEPTEMBER 30, 2022. SPONSOR(S): Commissioner Alex Diaz de la Portilla, Commissioner Joe Carollo, Commissioner Manolo Reyes, Commissioner Christine King WHEREAS, the City of Miami ("City") created and established the Liberty City Community Revitalization Trust ("Trust") pursuant to Ordinance No. 12859, adopted October 12, 2006; and WHEREAS, the Trust is responsible for the oversight and facilitation of the City's revitalization and redevelopment activities in the Liberty City area; and WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as amended ("City Code"), provides that the Trust shall submit a budget to the City Commission for approval, in a form acceptable to the City Manager; and WHEREAS, pursuant to Resolution No. R-21-0366, adopted September 13, 2021, the City Commission approved the Trust's original annual budget for the fiscal year commencing October 1, 2021, and ending September 30, 2022 (TY 21-22"), in the amount of $311,000.00, attached and incorporated as Exhibit "A" ("Original Annual Budget"); and WHEREAS, pursuant to Resolution No. R-21-0513, adopted December 9, 2021, the City Commission approved the Trust's Supplemental Budget for FY 21-22 in the amount of $769,169.00, attached and incorporated as Exhibit "B" ("Supplemental Annual Budget"); and WHEREAS, pursuant to Resolution No. R-22-0148, adopted April 28, 2022, the City Commission approved the Trust's Second Supplemental Budget for FY 21-22 in the amount of $919,169.00, attached and incorporated as Exhibit "C" ("Second Supplemental Annual Budget"); and WHEREAS, pursuant to Resolution No. R-22-0212, adopted by the City Commission on June 9, 2022, attached and incorporated as Exhibit "D," the Trust received unanticipated revenues from the District 5 Commissioner's share of the City's Anti -Poverty Initiative funds in the total amount of Fifty Thousand Dollars ($50,000.00), to fund the Trust's Summer Youth Program, necessitating the amendment of the Trust's annual budget; and WHEREAS, pursuant to Resolution No. R-22-0229, adopted by the City Commission on June 23, 2022, attached and incorporated as Exhibit "E," the Trust received unanticipated City of Miami Page 1 of 2 File ID: 12462 (Revision:) Printed On: 9/23/2022 File ID: 12462 Enactment Number: R-22-0342 revenues from the Mayor's share of the City's Anti -Poverty Initiative funds, in the total amount of One Hundred Fifty Thousand Dollars ($150,000.00), to fund the Trust's Summer Youth Program, necessitating the amendment of the Trust's annual budget; and WHEREAS, Section 12.5-36(a) of the City Code provides for the Trust to return to the City Commission for approval of supplements to the Original Annual Budget; and WHEREAS, the governing body of the Trust reviewed and approved the Trust's Third Supplemental Budget for FY 21-22, attached and incorporated as Exhibit "F" ("Third Supplemental Budget"), on August 11, 2022; 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 Third Supplemental Budget, in the total amount of One Million, One Hundred Nineteen Thousand, One Hundred Sixty -Nine Dollars ($1,119,169.00), attached and incorporated as Exhibit "G," 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.' APPROVED AS TO FORM AND CORRECTNESS: i ria i ndez, Cify Attor iey 8/24/2022 ' 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. City of Miami Page 2 of 2 File ID: 12462 (Revision:) Printed on: 9/23/2022