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HomeMy WebLinkAboutR-23-0373City of Miami Resolution R-23-0373 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14538 Final Action Date: 9/9/2023 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE LITTLE HAITI REVITALIZATION TRUST ("TRUST"), ATTACHED AND INCORPORATED AS EXHIBIT "A," IN THE TOTAL AMOUNT OF $6,449,000.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024; FURTHER APPROVING AND ADOPTING THE TRUST'S ANNUAL MASTER PLAN, ATTACHED AND INCORPORATED AS EXHIBIT "B." SPONSOR(S): Commissioner Christine King 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; developing and executing a plan to create jobs, attract industry and facilitate the production of goods and services in the Area for residents and non-residents; 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, the governing body of the Trust reviewed and approved the Trust's budget in the amount of $6,449,000.00 for Fiscal Year 2023-2024 on August 29, 2023; and WHEREAS, the Trust requests the approval of the Trust's Budget in the total amount of $6,449,000.00 for the Fiscal Year commencing October 1, 2023, and ending September 30, 2024, 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 $6,449,000.00 for the Fiscal Year commencing October 1, 2023, and ending September 30, 2024, 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 City of Miami Page 1 of 2 File ID: 14538 (Revision:) Printed On: 9/20/2023 File ID: 14538 signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: ndez, City Attor ey 8/31/2023 Enactment Number: R-23-0373 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. City of Miami Page 2 of 2 File ID: 14538 (Revision:) Printed on: 9/20/2023