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HomeMy WebLinkAboutR-06-0570City of Miami Legislation Resolution: R-06-0570 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 06-01570 Final Action Date: 9/28/2006 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET FOR THE VIRGINIA KEY BEACH PARK TRUST, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2006 AND ENDING SEPTEMBER 30, 2007, IN AN AMOUNT NOT TO EXCEED $1,680,955 IN OPERATING FUNDS. WHEREAS, the Virginia Key Beach Park Trust ("Trust") is a limited instrumentality of the City of Miami("City"); and WHEREAS, the City has determined that the necessary increase in overall administrative costs related to planning and managing on -site construction, park maintenance, museum planning and design, marketing and development, will result in the need for $1,680,955 in General funds for Fiscal Year 2006-2007; and WHEREAS, the Trust has requested this amount from the City's General Fund to provide the administrative staff the support to continue the progress and improvements at Virginia Key Beach Park; 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 as if fully set forth in this Section. Section 2. The annual budget for the Trust, for the Fiscal Year commencing October 1, 2006 and ending September 30, 2007, in an amount not to exceed $ 1,680,955 in operating funds, is approved and adopted. Section 3. This Resolution shall become 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 the override of the veto by the City Commission. City of Miami Page 1 of 1 File Id: 06-01570 (Version: 2) Printed On: 2/17/2017