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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #14467 Date: 08/15/2023 Commission Meeting Date: 09/09/2023 Type: Subject: Requesting Department: Liberty City Community Revitalization Trust Sponsored By: District Impacted: District 5 Resolution Approve Annual Budget FY '24 - Liberty City Community Revitalization Trust Purpose of Item: RESOLUTION TO APPROVE THE LIBERTY CITY TRUST'S ANNUAL BUDGET FOR FY2023-2024 IN THE AMOUNT OF $833,092.00 AND MASTERPLAN Background of Item: To approve the Liberty City Trust's Annual Budget for FY2023-2024 in the amount of $833,092.00 and Masterplan. Budget Impact Analysis Item is Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: N/A Reviewed B Liberty City Community Revitalization Trust Review Completed 08/21/2023 1:46 PM Office of Management and Budget Jacques Joseph Office of Management and Budget Marie Gouin City Manager's Office Legislative Division Office of the City Attorney Office of the City Attorney City Commission Office of the Mayor Office of the City Clerk Office of the City Clerk Arthur Noriega V Valentin J Alvarez Xavier Alban Victoria Mendez Maricarmen Lopez Mayor's Office City Clerk's Office City Clerk's Office Elaine Black Budget Analyst Review Budget Review City Manager Review Legislative Division Review ACA Review Approved Form and Correctness Meeting Department Head Completed Completed Completed Completed Completed Completed Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 08/21/2023 10:49 PM 08/22/2023 9:27 AM 08/22/2023 11:23 AM 08/22/2023 11:45 AM 08/31/2023 5:23 PM 08/31/2023 9:00 PM 09/09/2023 10:00 AM 09/15/2023 1:39 PM 09/15/2023 1:47 PM 09/15/2023 1:48 PM City of Miami Legislation Resolution Enactment Number: R-23-0370 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. 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 8/3112023 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.