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HomeMy WebLinkAboutResolutionCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12-00889 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING THE RECOMMENDATIONS AND PROPOSED AMENDED BUDGET OF THE COCONUT GROVE BUSINESS IMPROVEMENT DISTRICT BOARD, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2011 AND ENDING SEPTEMBER 30, 2012. WHEREAS, the City of Miami ("City") established, approved and adopted the Coconut Grove Business Improvement District Board ("BID Board") pursuant to Ordinance No. 13059, adopted March 12, 2009; and WHEREAS, the BID Board 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) appropriation expenditures from the Coconut Grove Business District Improvement Fund; (c) segregation, designation, and use of parking surcharge infrastructure proceeds from parking facilities located within the jurisdiction of the BID Board; and (d) review, approval or rejection of applications for special events in the Coconut Grove Special Events District, and appropriate expenditures from the Coconut Grove Special Events District Fund; and WHEREAS, Section 2-1257 of the Code of the City of Miami, Florida, as amended, requires that recommendations by the BID Board and an annual budget pertaining to the expenditures of the BID be approved by the City Commission; and WHEREAS, at its August 15, 2011 scheduled budget meeting, the BID approved and recommended that the City Commission adopt the original budget for the Fiscal Year commencing October 1, 2011 and ending September 30, 2012 ; and WHEREAS, the City Commission accepted the BID's recommendation and approved in September, 2011, the BIC's Fiscal Year 2011-2012 budget, attached as "Exhibit A"; and WHEREAS, after reviewing and consideration of its sources and uses of revenues, at its July 24, 2012 regular meeting, the BID approved and recommended that the City Commission adopt an amended budget for the BID for the Fiscal Year 2011-2012, which incorporates the transactions, attached as "Exhibit B"; 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 fully set forth in this Section. Section 2. The recommendations and proposed amended budget of the BID Board, attached and City of Miami Page 1 of 2 File Id: 12-00889 (Version: 1) Printed On: 8/23/2024 File Number: 12-00889 incorporated, for the Fiscal Year commencing October 1, 2011 and ending September 30, 2012, are approved. Section 3. 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: 12-00889 (Version: 1) Printed On: 8/23/2024