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HomeMy WebLinkAboutR-06-0469City of Miami Legislation Resolution: R-06-0469 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 06-01246 Final Action Date: 7/27/2006 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING THE RECOMMENDATION AND PROPOSED $75,000 TRANSFER, ON ATWO-YEAR REIMBURSEMENT BASIS, FROM THE PARKING WAIVER TRUST FUND AND APPROVING THE RECOMMENDED AND PROPOSED SECOND AMENDED BUDGET OF THE COCONUT GROVE BUSINESS IMPROVEMENT COMMITTEE, ATTACHED AND INCORPORATED, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2005 AND ENDING SEPTEMBER 30, 2006; AUTHORIZING AND DIRECTING THE DEPARTMENT OF OFF-STREET PARKING TO MAKE SUCH $75,000 TRANSFER FROM THE PARKING WAIVER TRUST FUND TO THE COCONUT GROVE BUSINESS DISTRICT IMPROVEMENT TRUST FUND. WHEREAS, the City of Miami ("City") established, approved and adopted the Coconut Grove Business Improvement Committee ("BIC") pursuant to Ordinance No. 12564, adopted July 22, 2004; and WHEREAS, the BIC serves as an instrument of advice and makes recommendations to the City Commission regarding, but not limited to: (a) coordination, funding and implementation of all marketing, infrastructure improvements, maintenance and other projects in specific areas of Coconut Grove; (b) appropriating expenditures from the Coconut Grove Business District Improvement Trust Fund; (c) segregation, designation, and use of parking surcharge infrastructure proceeds from parking facilities located within the jurisdiction of the BIC; (d) reviewing, approving or rejecting applications for special events in the Coconut Grove Special Events District; and (e) appropriating expenditures from the Coconut Grove Special Events District Fund; and WHEREAS, Sections 35-222 and 54-343 of the Code of the City of Miami, Florida, as amended, require that recommendations by the BIC and an annual budget pertaining to the expenditures of the BIC be approved by the City Commission; and WHEREAS, at its August 23, 2005 scheduled budget meeting, the BIC approved and recommended that the City Commission adopt a budget for the Fiscal Year commencing October 1, 2005 and ending September 30, 2006; and WHEREAS, pursuant to Resolution No. 05-0568, adopted September 22, 2005, the City Commission accepted the BIC's recommendation and approved the BIC's Fiscal Year 2005-2006 budget; and WHEREAS, after review and consideration of its sources and uses of revenues, at its March 23, 2006 regular meeting, the BIC approved and recommended that the City Commission adopt an amended budget for the Fiscal Year 2005-2006, and pursuant to Resolution No. 06-0215, adopted April 6, 2006, the City Commission accepted the BIC's recommendation and approved the amendment to the BIC's Fiscal year 2005-2006 Budget; and City of Miami Page 1 of 2 File Id: 06-01246 (Version: 11 Printed On: 2/8/2017 File Number: 06-01246 Enactment Number: R-06-0469 WHEREAS, after further review and consideration of its sources and uses of revenues at its July 18, 2006 regular meeting, the BIC approved and recommended that (1) the City Commission authorize the Department of Off -Street Parking to make a transfer of $75,000 from the Parking Waiver Trust Fund to the Coconut Grove Business District Improvement Trust Fund, (2) such $75,000 transfer would be reimbursed to the Parking Waiver Trust Fund over a two-year period during Fiscal Years 2006-2007 and 2007-2008, and (3) the BIC's previously amended 2005-2006 Fiscal Year Budget be further amended to reflect such transfer to fund business improvement district formation consulting services and related expenses. 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 recommended and proposed transfer of $75,000, on a two-year reimbursement basis, from the Parking Waiver Trust Fund to the Coconut Grove Business District Improvement Trust Fund, and the second amended budget of the BIC, attached and incorporated, for the Fiscal Year commencing October 1, 2005 and ending September 30, 2006, are approved. Section 3. The Department of Off -Street Parking is authorized and directed to make such $75,000 transfer from the Parking Waiver Trust Fund to the Coconut Grove Business District Improvement Trust Fund. Section 4. This Resolution shall be effective immediately upon its adoption and signature of the Mayor.{1} 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 File Id: 06-01246 (Version: 11 Printed On: 2/8/2017