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HomeMy WebLinkAboutText File ReportCity of Miami Text Flle Report City Hall 3500 Pan American Drive Miami, FL 31133 www.miamigov,cum Pile ID: 06-00787 Enactment #: R-06-0335 Version: 1 Type: Resolution Status: Peeled Enactment Data: 5/25/06 Introduced: 4/28/06 Controlling Body: Office of the City Clerk A RESOLUTION OF THE MIAMI CITY COMMISSION, WITI•I ATTACI-IMENT(S), APPROVING THE CITY OF MIAMI'S ("CITY'S") 2005-2006 MULTI -YEAR CAPITAL PLAN ("PLAN"), ATTACHED AND INCORPORATED, AS REQUIRED BY SECTION 163.3177, FLORIDA STATUTES (2005) AND PURSUANT TO CHAPTER 18/ ARTICLE IX/DIVISIONS 1 AND 2 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, ENTITLED "FINANCE/FINANCIAL POLICIES/ANTI-DEFICIENCY ACT/FINANCIAL INTEGRITY PRINCIPLES,' TO SET FORTH THE CITY'S FISCAL NEEDS FOR CAPITAL IMPROVEMENTS, SUBJECT TO AN ANNUAL PLAN REVIEW OF THE PLAN TO DETERMINE PROJECT PRIORITIES AND TO MODIFY FUNDING ALLOCATIONS AS NECESSARY, WHEREAS,:♦ capital improvement programming process to support the Comprehensive Plan Is required by the Local Government Comprehensive Planning and Land Development Regulation Act, more particularly, Section 163,3177, Florida Statutes (2005) and pursuant to Chapter IS/Article IX/Divisions 1 and 2 of the Coda of tho City of Miami, Florida, as amended entitled "FinttncelFinancial Policies/Anti-Deficiency Act/Finaneial Integrity Prinoiples;" and WHEREAS, a Capital Improvements Plan is a policy and management tool to plan municipal harrowing and indebtedness over a period of time, to establish annual expenditures within a rramework of long-range fiscal requirements and to serve as an official statement of the City of Mlami'a ("City's") development plane; and WHEREAS, said plan will be subject to annual review, consideration and modification as needed, to determine project priorities and to modify funding allocations as necessary; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA; Section I. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if RiBy set farth in this Section. Section 2, The City'a 2005-2006 Mutli-Year Capital Plan ("Plan"), attached and incorporated, is approved, as required by Section 163.3177, Florida Statutes (2005) and pursuant to Chapter 18/Article IX/ Division 1 and 2 of the City Code, entitled "Pinance/Pinancial Policies/Anti-Deficiency Act/Financial integrity Prinoiploa," to set forth tho City's fiscal needs for capital improvements, subject to an annual Plan review to determine project priorities and to modify funding allocations as necessary. Section 3. Thia Resolution shall become effective immediately upon its adoption and signature of tho Mayor. {1 ) City °MMiami Paaa 1 Printed on 12/12/2006