HomeMy WebLinkAboutR-24-0314City of Miami
Resolution R-24-0314
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 16399 Final Action Date: 9/7/2024
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE PROPOSED ANNUAL BUDGET OF THE
DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI,
FLORIDA ("MIAMI DDA"), ATTACHED AND INCORPORATED AS EXHIBIT "A",
IN THE TOTAL AMOUNT OF $21,738,700.00, AND MAKING
APPROPRIATIONS FROM THE DOWNTOWN DEVELOPMENT DISTRICT AD
VALOREM TAX LEVY AND OTHER MISCELLANEOUS INCOME FOR THE
MIAMI DDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND
ENDING SEPTEMBER 30, 2025; AUTHORIZING THE MIAMI DDA TO MAKE
TRANSFERS BETWEEN ACCOUNTS FOR NECESSARY AND PROPER
PURPOSES; AUTHORIZING THE MIAMI DDA TO INVITE AND ADVERTISE
REQUIRED BIDS; PROVIDING THAT THIS RESOLUTION BE DEEMED
SUPPLEMENTAL AND IN ADDITION TO THE RESOLUTION MAKING
APPROPRIATIONS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024,
AND ENDING SEPTEMBER 30, 2025, FOR THE OPERATIONS OF THE CITY.
WHEREAS, Section 14-59 of the Code of the City of Miami, Florida, as amended ("City
Code"), provides that the Downtown Development Authority of the City of Miami, Florida ("Miami
DDA"), shall submit its proposed annual budget for its operations to the City Commission for
approval; and
WHEREAS, the Board of Directors of the Miami DDA approved and adopted the Miami
DDA's proposed annual budget for Fiscal Year 2024-2025 on July 12th, 2024, pursuant to
Miami DDA Resolution 015/2024 in the total amount of $21,738,700.00; and
WHEREAS, the Miami DDA requests the approval of the proposed annual budget for the
Fiscal Year commencing October 1, 2024, and ending September 30, 2025, in the total amount
of $21,738,700.00;
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 Miami DDA proposed annual budget, attached and incorporated as
Exhibit "A", in the total amount of $21,738,700.00, for the operations of the Miami DDA to
become the tentative annual budget, for the Fiscal Year commencing October 1, 2024, and
ending September 30, 2025, is approved and adopted, and appropriations are made from the
Downtown Development District ad valorem tax levy and other miscellaneous income for the
Miami DDA.
City of Miami Page 1 of 2 File ID: 16399 (Revision:) Printed On: 9/16/2024
File ID: 16399 Enactment Number: R-24-0314
Section 3. The abovementioned operating expenditures are merely anticipatory and
thus, the Board of Directors of the Miami DDA is hereby authorized' to withhold any of these
appropriated funds from encumbrance or expenditure should such action appear advantageous
to the economic and efficient operation of the Miami DDA.
Section 4. The Miami DDA is authorized' to make transfers between the detailed
accounts comprising any of the amounts appropriated in Section 2 above so that any available
and required balance in such accounts may be used for other necessary and proper purposes.
Section 5. Subject to Chapter 18 of the City Code, the Miami DDA is further authorized'
to solicit bids for the purposes of procuring any materials, supplies, equipment, and services
embraced in the amounts appropriated in Section 2 above for which formal bidding is required
with such bids being returnable as required by law.
Section 6. This Resolution shall be deemed supplemental and in addition to the
Resolution making appropriations for the operations of the City for the Fiscal Year commencing
October 1, 2024, and ending September 30, 2025.
Section 7. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
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1 The herein authorization is further subject to compliance with all requirements that may be imposed by
the City Attorney, including but not limited, to those prescribed by applicable City Charter and City Code
provisions.
2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) 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: 16399 (Revision:) Printed on: 9/16/2024