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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us File Number: 05-01116 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE TRANSFER OF REMAINING FISCAL YEAR 2004-2005 COCONUT GROVE PARKING SURCHARGE FUNDS, IN THE AMOUNT OF $44,537, FROM CAPITAL IMPROVEMENT PROJECT NO. 341330, B-30249; ALLOCATING SAID FUNDS TO THE CITY OF MIAMI'S DEPARTMENT OF OFF-STREET PARKING ("DOSP"), IN ACCORDANCE WITH SECTIONS 35-221, 35-222 AND 35-224 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED ("CODE"), FOR DEPOSIT INTO THE COCONUT GROVE BUSINESS DISTRICT IMPROVEMENT TRUST FUND ACCOUNT NO. 1000024642463; FURTHER DIRECTING SAID FUNDS BE USED BY DOSP EXCLUSIVELY FOR THE PURPOSES SET FORTH IN CODE SECTIONS 35-221, 35-222 AND 35-224, GOVERNING THE USE OF COCONUT GROVE PARKING SURCHARGE FUNDS AND AFTER REVIEW AND RECOMMENDATION BY THE COCONUT GROVE BUSINESS IMPROVEMENT COMMITTEE. WHEREAS, pursuant to Resolution No. 05-300, adopted May 12, 2005, the City Commission of the City of Miami ("City") previously authorized the initial transfer of Fiscal Year 2004-2005 Coconut Grove parking surcharge funds in the amount of $207,900 to the City's Department of Off -Street Parking ("DOSP") on behalf of the Coconut Grove Business Improvement Committee ("BIC") for deposit into the Coconut Grove Business District Improvement Trust Fund in accordance with Sections 35-221, 35- 222 and 35-224 of the Code of the City of Miami ("Code") governing use of Coconut Grove parking surcharge funds; and WHEREAS, after review and recommendation by the BIC, a Fiscal Year 2004-2005 balance of $44,537 in Coconut Grove parking surcharge funds remain to be transferred to DOSP on behalf of the BIC, bringing the final Fiscal Year 2004-2005 Coconut Grove parking surcharge funds total transfers to $252,437; NOW THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The transfer of remaining Fiscal Year 2004-2005 Coconut Grove parking surcharge funds, in the amount of $44,537, from Capital Improvement Project No. 341130, B-30249, and the allocation of said funds to DOSP on behalf of the BIC in accordance with Sections 35-221, 35-222 and 35-224 of the Code, for deposit into the Coconut Grove Business District Improvement Trust Fund Account No. 1000024642463, are authorized. Section 2. The City Commission directs that said funds be used by DOSP exclusively for the purposes set forth in Code Sections 35-221, 35-222 and 35-224, governing the use of Coconut Grove parking surcharge funds and after review and recommendation by the Coconut Grove Business Improvement Committee. Section 3. This Resolution shall become effective immediately upon its adoption and signature City of Miami Page I of 2 Printed On: 10/18/2005 Fite Number: 05-01116 of the Mayor {1). APPROVED AS TO FORM AND CORRECTNESS: /1,7 JORGE''FR1 ` DEZ CITY ATTORNEY Footnotes; {1} 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 Printed On: 10/18/2005