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HomeMy WebLinkAboutR-09-0226Vop City of Miami F .. 19611F A111 *'Ir Legislation i 0 R �O Resolution: R-09-0226 File Number: 09-00482 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 5/14/2009 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ALLOCATING FUNDS TO THE MIMO BUSINESS IMPROVEMENT COMMITTEE, INC., IN THE AMOUNT OF $100,000, TO FUND COSTS FOR THE CREATION OFA BUSINESS IMPROVEMENT DISTRICT FROM ACCOUNT CODE NO. 31000.401000.882000; AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT, TO INCLUDE ALL SUPPORTING DOCUMENTS NECESSARY FOR THE PURPOSES SET FORTH HEREIN IN A FORM ACCEPTABLE TO THE CITY ATTORNEY. WHEREAS, Business Improvement Districts, ("BIDs") have been used throughout the country as a successful tool to fund supplemental services and capital improvements to an area through a self assessment; and WHEREAS, the City of Miami has successfully transformed a business improvement committee into a business improvement district in Coconut Grove; and WHEREAS, the Miami Modern ("MiMo")/Biscayne Boulevard Historic District was designated in 2006 on Biscayne Boulevard from 50th street north to 77th street to preserve and protect the 1950's -era architecture along the business corridor; and WHEREAS, the MiMo Business Improvement Committee, Inc. ("MiMo BIC"), a private corporation was formed to "create a business improvement district that will revitalize Miami's historic MiMo Biscayne Boulevard"; and WHEREAS, the MiMo BIC's purpose includes exploring and defining proposed BID boundaries, determining baseline and supplemental services, and educating and preparing property owners to support an affirmative vote creating a BID; and WHEREAS, the City of Miami supports the purpose of the MiMo BIC by approving $100,000 to be designated as a valid use of public funds; 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 herein as if fully set forth in this Section. Section 2. The allocation of funds to the MiMo BIC to fund costs for the creation of a City of Miand Page 1 of 2 File Id. 09-00482 (Version: 1) Printed On: 6/20/2017 File Number: 09-00482 Enactment Number: R-09-0226 Business Improvement District in the amount of $100,000, is authorized, from Account 31000.401000.882000. Section 3. The City Manager is authorized{1} to execute an Agreement, to include all supporting documents necessary for the purposes set forth herein in a form acceptable to the City Attorney. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} Footnotes: {1}The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten 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. 09-00482 (Version: 1) Printed On: 6/20/2017