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HomeMy WebLinkAboutR-23-0370City of Miami Resolution R-23-0370 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14467 Final Action Date: 9/9/2023 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE LIBERTY CITY COMMUNITY REVITALIZATION TRUST ("TRUST"), ATTACHED AND INCORPORATED AS COMPOSITE EXHIBIT "A", IN THE AMOUNT OF $833,092.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024; FURTHER APPROVING THE TRUST'S MASTER PLAN, ATTACHED AND INCORPORATED AS EXHIBIT "B". 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, as subsequently amended; and WHEREAS, the Trust is responsible for the oversight and facilitation of the City's revitalization and redevelopment activities in the Liberty City area as well as for the District 5 neighborhoods owner -occupied affordable housing improvements grant program for low income homeowners; and WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as amended, provides that the Trust shall submit a budget to the City Commission for approval in a form acceptable to the City Manager; and WHEREAS, the governing body of the Trust reviewed and approved the Trust's budget in the amount of $833,092.00 for Fiscal Year 2023-2024 on July 8, 2023, as set forth in its Resolution, attached and incorporated as part of Composite Exhibit "A"; and WHEREAS, the governing body of the Trust reviewed and approved its annual master plan ("Plan") on July 8, 2023, and pursuant to Section 12.5-36(c) of the City Code, the Trust requests the City Commission's approval of its annual master plan ("Plan"), attached and incorporated as Exhibit "B"; and WHEREAS, the Trust requests the approval of the Fiscal Year 2023-2024 Trust Budget commencing October 1, 2023, and ending September 30, 2024, in the total amount of $833,092.00, attached and incorporated as Composite Exhibit "A"; and 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 amount of $833,092.00, attached and incorporated as Composite Exhibit "A", for the Fiscal Year commencing October 1, 2023, and ending September 30, 2024, is approved and adopted. City of Miami Page 1 of 2 File ID: 14467 (Revision:) Printed On: 9/22/2023 File ID: 14467 Enactment Number: R-23-0370 Section 3. The Plan, attached and incorporated as Exhibit "B", is approved. Section 4. This Resolution shall be effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: ndez, ity Attor ey 8/31/2023 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: 14467 (Revision:) Printed on: 9/22/2023