HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #14506
Date: 08/22/2023
Commission Meeting Date: 09/09/2023
Type:
Subject:
Requesting Department: Wynwood Business
Improvement District Board
Sponsored By:
District Impacted: District 5
Resolution
Approve Annual Budget FY '24 - Wynwood BID
Purpose of Item:
The Wynwood Business Improvement District Board wishes to introduce the 2023-2024
budget of the city ("BID board") totaling $5,206,000, which includes the first ever
donation to affordable housing (Wynwood Works) on 2201 North Miami Avenue totaling
$3,500,000 of our total proposed budget.
Background of Item:
The Wynwood Business Improvement District Board of the city ("BID board") was
established to improve and strengthen the area known as the Wynwood Arts District as
more particularly described in Resolution No. 13-0228 adopted on June 13, 2013 and
again in 2023; through promotion, management, marketing, and other similar services,
including but not limited to, coordination, funding, implementation and maintenance of
infrastructure improvements, and other projects. The Wynwood Arts District shall be
described herein as the "area." The BID board shall be the board charged with
managing the Wynwood Business Improvement District ("BID").
Budget Impact Analysis
Item is Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
General Account No: Wynwood BID General Funds & Public Benefit Funds
Reviewed B
Wynwood Business Improvement District Board
Review Completed 08/28/2023 3:12 PM
Office of Management and Budget Calvin Fifer
Office of Management and Budget Marie Gouin
City Manager's Office Arthur Noriega V
Legislative Division Valentin J Alvarez
Office of the City Attorney Xavier Alban
Office of the City Attorney Victoria Mendez
City Commission Maricarmen Lopez
Legislative Division Valentin J Alvarez
Office of the City Attorney Xavier Alban
Office of the City Attorney Victoria Mendez
Office of the Mayor Mayor's Office
Manny Gonzalez Department Head
Budget Analyst Review
Budget Review
City Manager Review
Legislative Division Review
ACA Review
Approved Form and Correctness
Meeting
Legislative Division Review
ACA Review
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Approved Form and Correctness with Modification(s)
Signed by the Mayor Completed
08/28/2023 3:17 PM
08/29/2023 1:48 PM
08/29/2023 4:54 PM
08/30/2023 10:51 AM
08/31/2023 2:32 PM
08/31/2023 9:02 PM
09/09/2023 10:00 AM
09/11/2023 8:36 AM
09/11/2023 10:15 AM
Completed
09/15/2023 1:36 PM
Office of the City Clerk City Clerk's Office
Signed and Attested by the City Clerk Completed 09/15/2023 1:54 PM
Office of the City Clerk City Clerk's Office Rendered Completed 09/15/2023 5:54 PM
/
City of Miami
Legislation
Resolution
Enactment Number: R-23-0365
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 14506 Final Action Date:9/9/2023
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE WYNWOOD
BUSINESS IMPROVEMENT DISTRICT ("BID"), ATTACHED AND INCORPORATED
AS COMPOSITE EXHIBIT "A," IN THE AMOUNT OF $5,206,000.00 TO PROVIDE
FOR THE MANAGEMENT, OPERATION, AND MAINTENANCE OF THE BID FOR
THE FISCAL YEAR COMMENCING OCTOBER 1, 2023, AND ENDING SEPTEMBER
30, 2024.
WHEREAS, the City of Miami ("City") established, approved, and adopted the Wynwood
Business Improvement District ("BID") pursuant to Ordinance No. 13404, adopted September
12, 2013, as subsequently amended ("Ordinance No. 13404"); and
WHEREAS, the BID shall continue to operate pursuant to the provisions of Ordinance
No. 13404 and until the process initiated pursuant to Resolution No. 23-0256 adopted June 8,
2023 ("Resolution No. 23-0256"), is finalized and all necessary actions, including, but not limited
to, any related ordinance amendments are undertaken and completed; and
WHEREAS, pursuant to Chapter 2, Article XI, Division 21 of the Code of the City of
Miami, Florida, as amended ("City Code"), the BID was established to stabilize and improve
retail and other businesses within Wynwood through promotion, management, marketing, and
other similar services including, but not limited to, coordination, funding, implementation, and
maintenance of infrastructure improvements, security, sanitation, and other projects; and
WHEREAS, Section 2-1323 of the City Code provides that the BID shall submit its
annual budget for its management, operation, and maintenance to the City Commission for
approval; and
WHEREAS, the Board of Directors of the BID reviewed and approved the BID's budget
for Fiscal Year 2023-2024 in the total amount of $5,206,000.00 on June 20, 2023, as set forth in
Composite Exhibit "A", attached and incorporated; and
WHEREAS, the BID requests the approval of the budget for the Fiscal Year
commencing October 1, 2023, and ending September 30, 2024, in the total amount of
$5,206,000.00; and
WHEREAS, the BID Budget is subject to the final outcome of the process initiated
pursuant to Resolution No. 23-0256;
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 BID's Fiscal Year 2023-2024 budget, attached and incorporated as
Composite Exhibit "A," in the amount of $5,206,000.00 for the Fiscal Year commencing October
1, 2023, and ending September 30, 2024, 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:
1 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.