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Home My WebLink AboutO-09578J-83-171 V 6. nRnr'1nilc:f_ �ln. 9 5 7 8 C11Y r�i�^h��,!;rr�� OFFICE U3 MAR --9 I;ii !). 57 'd' FMERG. A- y (IRO I NAt!U ESTAiiI_ I51 IN(" A NEW TRUST AND A(;FfIC:Y FUNP PITiTLED "SOUTHEAST O` II-PTOWN/PARK !TEST 1lF11FV11_OPIIFf"T PP0,,J Cr AU11!I1ISTPATr('JtJ" FOR IE1PLC1-1f_UATION Iit FISCAL YFAE,, 19f?2-„3 F01P THE PURPI)Q,F OF PROVI1)MG A COST L(-'FAT IOiI TO CAPTURE, I%'LC(-)P AtJD ALLOCATE ANY AId'D r'�LI_ F;{PFIlI�rTtiRE; I)EL'",I ii!i TO SAID PROJECT I I T H AFTPOP IAA 10 N FHEf: -Plk Of: S440,00(1, FROIi THL F(A—UIIIJNIG OUPCES: 000 COi'1111iNITY DEVELOPlIEiJT i'I_�Jf;h, (BRA,; YEAR, S1.35,000 A LOA(! FR01'1 TEIE_ FY 3 (;i:,NERAI_ FUND BUDC;ET, 000 UMTA 1` YCAR, FllMi Li.i F1"'0?1 RFVE:NUL;; Oi= A LIE;E SC)URCE; (;OPi1AI�iI�;�, f�'EC�F!"�L.f=R E'�'QVISI01H Ai1!1 ' EV[PAR)IL,TY CI_Al_I`;i=. WHERL,AS, on July 29, 198;), th-, r+ the City of i1i,_rmi Resolution No. 92-755 approving the Southeast Ovr'rtown/Park West Community RFC -development Plan; and 1WHER[A`",, r r Dec��i�rb��r 198 t.hr� ilr�tropnl itan i)ade Cnurty Board of County Commissioners passed Resolution No 82-I67i approving thf- Southeast Overtown/Park West Conmlunity Re-develnprnent Plan; arrd !JHEREAS, nn December E1 , 1982, the County Board of county Camnnissioners passed Ordinance No. 82-1115 approving thr� tax increment financing plan for the Southeast Overtmgn/Pail: ;•lest Community Re -development area, particuIary estabIishVYINt of 3 Re -development Trust Fund '.hrough which tax increment monies will be channelled frr re -development activities; and WHEREAS, the Southeast Overtown/Park West Re -development Dro,ject administration has received funding from various City, County, and Federal sources totalling S440,000 for fiscal year 1983 which are listed below: Community Development Block Grant 8th Year S225,000 Loan from FY'83 General Fund Budget, 135,00e UMTA 1st Year 80,000 S440,000 WHEI'EAS, the funding rec�-,ivod from the Community Development Eiock Grant Program 8th Year am' the loan from tiie FY'f33 General Fund Budget is anticipated to be repaid at a future data fror•i the proceeds of to>' increment revenue bonds and car other financial sources; and WHERE est:abl ishnient of said Trust and Agency Fund i, recessar,pi in order to provide a cust location to capture, recnrd, and al focatL' CO, is expended for tho adirrinistratiorr c-,f s'rid project'; NO',], THEREFORE, Hi- IT ORDAINED i)"Y THE CO'li1IS I(iN OF THI= rITY OF 11IA11I, FLORIDA: Secti ()n 1 . Thu tci I I Owi no T rust arrd Act ncy Fungi i s herehy c 't,>bl i shed and resources are hereby appropriated _1s described herein: _ Fund Titir�: Sor.rthr��st 1Jv(Ir1,(-)V�n%P:)0', ''•I��,t Re-develnpi�rent: f,rnject Ad1�ril"JSLr--1tion f;esources : Communi ty Ueve� I r,prrent B I ncf. th Year Grant: �""nq er , Lean from the FY','O Genera l Fund [judnc't: 135,000 O-ITA 1st Yoir 80'000 5440,000 Appropriations: Snutheast Over•town/Park '�dest — Re-Dr,velopplont Pro.ioct Admini - stration S440,t)OC S(ction ?. The herein Trust and .Agerrc,,, Fund is cstahlished for the purpose of providing a cost. Ioc Lion to capture, rocord and allocato costs expended for the administration of said proJ(I Section 3. All ordinances or parts of ordinances insofar as they are inconsistent or in conflict with the provisions n; this ordinance are he.rehv repealed. Section 4. If any sect.inn, part of sr,rtion. paragraph, clause, phrase or word of this ordinance shall be held to be invalid, tyre remaining provisions of this ordinance shall not be affected. Section 5. The requirement of reading this ordinance on two separate days is hereby dispensed with by an affir;native vote of not less than four -fifths of the members of the Commission. Section 6. This ordinance is hereby declared to be an emergency measure on the grounds of urgent public need for the preservation of peace, health, safety and property of the City of Miami and upon the further ground of the necessity to make the required and necessary payments to its employees and officers, ;payment of its debts, necessary payments to its employees and officers, payment of its debts, necessary and required purchases of goods and supplies and to generally carry on the functions and duties of municipal affairs. w w PAS`SF-D AN AM)PTED thi s 1?)tli d(-Iy of - blat.clt 1983. ATTEST RAL G. ONGIE CITY ERK BUDGETARY REVIEW: �1 i,WNTO-HA R S. SURANA, D CTOR �— DEPARTMENT OF MANAGE:1 J AND BUDGET FINANCE REVIEW CARLOS E. GARCIA, DIRECTOR FINANCE DEPARTI-IENT — LEGAL REVIEW: ROBERT F. CLARK DEPUTY CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: / t�i` -" - E R. GARCIA-PEDROSA ITY ATTORNEY ttal.tri�e A. Ferro. -^ ---11 URICE A. FERRE -- 1'1AY 0R I, Rl:drh G. Onpie, Clerk of the City of Miami, Ylurida, h�r_h c;slify That on the 1. ( ;,1y cif /•' "I� A. 1). N ,) "� :1 full, true :111 i i nr: cct i'cxty 01 1110 :Itt�) i:,j';•;!i)In - l ; ,�iu;l:!C•_ ..:�� 1a+.i';r) ai the Fout) Door UI Itl: I):i'_i; t_t1�,�lt; � 'G.l il,:;,!,C ':t i%l. �Si i.. I"-. .{�i•Jll Io the ��'l ;i ��"_':� 111 } 1L�. .'. ti•.t �I3�_ t', lip: 11 .` -. _':!i ��f -.a l:i �;:ity titi�......,•,�'ciuy 1�1. - :�. i�. IJ h'_.� . ;cy C'krk 3 9578 16 TO Howard V. Gary City Manager FROM Herbert J. Bailey Assistant City Manag cam--- CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM DATE- February 25, 1983 FILE. SUBJECT. Overtown/Park West Adminsitration: Establish- ment of Trust and Agency Fund FY'83 REFERENCES; ENCLOSURES It is recommended that the City_ Commission approve an emergency ordinance authorizing the establishment of a Trust and Agency Fund FY'82-83 for the Southeast Overtown/ Park West Project Administration. The Proj- ect pledges to repay both a $225,000 8th year CDBG loan and a $135,000 FY'83 General Fund loan at a future date from Project rev- enues. The purpose of such a fund is to provide a cost location to capture, record and allocate all administration expenditures. The Southeast Overtown/Park West Community Redevelopment Plan and tax increment financing were approved in principal by the Miami City Commission (July 29, 1982), and by the Dade County Board of Commissioners (December 7, 1982). The County Commission has also approved an ordinance establishing a Redevelopment Trust Fund through which tax increment monies will be channeled for redevel- opment activities beginning -in November 1983 in accordance with the Plan. Given the temporary absence of tax increment revenues for FY'83, the Project has received administrative funding as follows: CBDG 8th Year $225,000 General Fund FY'83 135,000 UMTA lst Year 80,000 Total Administrative Budget $440,000 The funding received from CDBG and the General Fund represent loans to the Project to be repaid at a future date primarily from the proceeds of tax increment revenue bonds. Based upon the pro- posed development plan, the bonding potential for the Project will approximate $85-90 million. This implies that the projected stream of tax increment revenue into the Redevelopment Trust Fund at pro- ject completion (1992) will approach $15 million. It is requested that this emergency item be granted its first and second reading on the City Commission meeting of March 10, 1983. 95 6 W 2/7/83 y SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT PROJECT TRUST AND AGENCY FUND BUDGET FY 1983 I. Personnel (Salaries 6 Wages) 010 Unclassified Assistant City Manager Financial Development Administrator Environmental Development Administrator Administrative Sec. II Subtotal 001 Classified Planning Illustrator II Business Relocation Specialist Subtotal Total Wages 6 Salaries II. Fringe Benefits 083 Car Allowance 100 Social Security Contribution 110 Retirement Contribution 130 Group Insurance Contribution 150 Workman's Compensation Total Fringe Benefits 11 CDBG General 8th Yr Fund $ -0- $ 43,666 31,399 -0- 37,640 -0- 10,505 3,524 $ 79,544 $ 47,190 $ 13,303 $ 9,142 -0- 15,000 $ 13,303 $ 24,142 $ 92,847 $ 71,332 $ -0- $ 2,400 7,600 -0- 12,401 3,929 41509 1,156 5.636 1,696 $ 30,146 $ 9,181 TOTAL PERSONNEL SERVICES $122,993 $ 80,513 UMTA Ist Yr Total $ 18,713 $ 62,379 7,660 39,059 12,220 49,860 3.505 17,534 $ 42,098 $168,832 $ -0- $ 22,445 3,750 18,750 $ 3,750 $ 41,195 $ 45,848 $210,027 $ 600 $ 3,000 3,150 10,750 6,582 22,912 2,666 8,331 3,082 10,414 $ 16,080 $ 55,407 $ 61,928 $265,434 0 ` 2/7183 SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT PROJECT TRUST AND AGENCY FUND BUDGET FY 1983 page 2 CDBG General UMTA 8th Yr Fund 1st Yr Total III. Operating Expenses:Fixed 410 Travel & Per Diem -Training $ 2,400 $ -0- $ 00 $ 3,000 420 Travel & Per Diem -Other 1,6 -0- 4400 2,0 650 495 Parking Expense 650 0 2,500 -0- -0- -0- -0- 2,500 533 533 Postage Rent -Space 13,528 -0- 472 14,000 640 Insurance -Property 3, 3,000000 -0- -0- 850 750 4,166 50 3,750 770 772 Motor Poo1:ISC Property Maintenance:ISC 4,200 -0- 1,300 5,500 773 Print Shop:ISC 2,400 -0- 600 3,000 680 Printing & Binding:Outside 4,000 -0- 1,000 5,000 Total Operating Expenses: $ 37,594 $ -0- $ 5,972 $ 43,566 Fixed IV. Operating Expenses: Variable 270 Professional Services 55,513 51,987 10,000 117,500 510 Communication Services -Telephones 1,600• -0- 400 2,000 700 Office Supplies 1,600 1,200 -0- -0- 400 300 2,000 1,500 722 760 Operating Expenses-Misc. Books Publications, Memberships 500 -0- -0- 500 840 Equipment -New 4,000 -0- -0- 21500 1,000 -0- 5,000 2.500 590 Relocation Costs Total Operating Expenses: $ 64,413 $ 54,487 $ 12,100 $131,000 Variable Total Operating Expenses $ 92,007 $ 54,487 $ 18,072 $164,566- tD TOTAL BUDGET $225� 000 � $135' 000 $ 80,000 $440,000 V-1 i h^ 11 MIAMI REVIEW AND DAILY RECORD aubtiSned Caily except Saturaay. Sunaav ana Legal Hohaays Miami. Dade County, Fionaa. STATE OF FLORIDA COUNTY OF DADE: Before the undersigned authority personally appeared Octelma V. Ferbeyre, who on oath says that she is the Supervisor, Legal Advertising of the Miami Review and Daily Record, a daily texcept Saturday, Sunday and Legal Holidays) newspaper. published at Miami In Dade County, Florida: that the attached copy of advertisement, being a Legal Advertisement of Notice in the matter of CITY OF MIAMI Re: ORDINANCE NO. 9578 in the .. X X X Court. was published in said newspaper in the issues of March 29, 1983 Affiant further says that the said Miami Review and Daily Record is a newspaper published at Miami in said Dade County, Florida. and that the said newspaper has heretofore been continuously published in said Dade County, Florida, each day (except Saturday, Sunday and Legal Holidays) and has been entered as second class mail matter at the post office in Miami in said Dade County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement: and aftiant further says that she has neither paid nor promised any person, firm or corporation any discount, rebate ommission or refund for se of securing this aciv i ent for publication in aid dewspaper. Sworn to arrd ' bseybed before me this 29th day of �� TIaY�tl' A.D. te. 83 CO i _+ ` v Terric Franco tiottary'PubUd ,$tale of Florida at Large iSEAL1 �i� ! • - My Commissibp ri4 fflll 1494' � rrr%uiiitit�l CITY OF MIAMI, DADE COUNTY, FLORIDA LEGAL NOTICE All interested will take notice that on the 18th day of March, 1983, the City Commission of Miami. Florida adopted the following titled ordinances: ORDINANCE NO. 9575 AN ORDINANCE AMENDING SECTIONS 2-237, 2.238, 2-239, 2-239. t AND SUBSECTION (5) OF SECTION 2.239.2 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, DEALING WITH THE MIAMI AUDIT ADVISORY COMMIT- TEE BY ENLARGING THE COMMITTEE'S MEMBERSHIP FROM 5 TO 6 MEMBERS, 5 MEMBERS BEING APPOINTED BY THE CITY COMMISSION AND 1 MEMBER BEING APPOINTED BY THE CITY MANAGER AND WITH ALL MEM- BERS SERVING AT THE WILL OF THE APPOINTING AUTHORITY; CHANGING THE ORGANIZATIONAL/ OPERATING STRUCTURE OF SAID COMMITTEE AND SET- TING FORTH THE BASIC RESPONSIBILITY OF THE COMMITTEE; CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. ORDINANCE NO. 9576 AN ORDINANCE AMENDING SECTION 53.161 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, BY PROVIDING FOR VARIABLE RATES FOR TICKETED EVENTS AT THE MIAMI CONVENTION CENTER; CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. ORDINANCE NO. 9577 AN ORDINANCE AMENDING SECTION 1 OF ORDINANCE NO. 8719, ADOPTED OCTOBER 26, 1977, THE SUMMARY GRANT APPROPRIATIONS ORDINANCE, AS AMENDED: BY ESTABLISHING A NEW TRUST AND AGENCY FUND ENTITLED: "INTERNATIONAL TRADE PROMOTION PROGRAM"; APPROPRIATING FUNDS FOR THE OPERA- TION OF SAID TRUST AND AGENCY FUND IN THE AMOUNT OF $225,000; CONTAINING A REPEALER PROVISION AND SEVERABILITY CLAUSE. ORDINANCE NO. 9578 AN EMERGENCY ORDINANCE ESTABLISHING A NEW TRUST AND AGENCY FUND ENTITLED "SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT PROJECT ADMINISTRATION" FOR IMPLEMENTATION IN FISCAL YEAR 1982-83 FOR THE PURPOSE OF PROVIDING A COST LOCA- TION TO CAPTURE, RECORD, AND ALLOCATE ANY AND ALL EXPENDITURES RELATING TO SAID PROJECT WITH AN APPROPRIATION THEREFOR OF $440,000, FROM THE FOLLOWING SOURCES: $225,000 COMMUNITY DEVELOP- MENT BLOCK GRANT 8TH YEAR, $135,000 A LOAN FROM THE FY'83 GENERAL FUND BUDGET, $80,000 UMTA 1ST YEAR, FUNDED FROM REVENUES OF A LIKE SOURCE; CONTAINING A REPEALER PROVISION AND A SEVER - ABILITY CLAUSE. ORDINANCE NO.9579 AN EMERGENCY ORDINANCE AMENDING SECTIONS 1 AND 6 OF ORDINANCE NO. 9502 ADOPTED SEPTEMBER 23, 1982, THE ANNUAL APPROPRIATIONS ORDINANCE FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1983, AS AMENDED BY INCREASING THE APPROPRIATION FOR THE GENERAL FUND IN THE AMOUNT OF $42,271 FOR THE DEPARTMENT OF INTERNATIONAL TRADE PROMOTION, AND BY INCREASING GENERAL FUND REVE- NUE IN THE SAME AMOUNT FROM MISCELLANEOUS REV- ENUE FOR THE PURPOSE OF PROVIDING FUNDING FOR A MARKETING SERVICES ADMINISTRATOR; CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. RALPH G. ONGIE CITY CLERK CITY OF MIAMI, FLORIDA Publication of this Notice on the 29 day of March 1983, 3/29 M83.032901 MR 127