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HomeMy WebLinkAboutR-24-0321City of Miami Resolution R-24-0321 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16521 Final Action Date: 9/7/2024 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE LIBERTY CITY COMMUNITY REVITALIZATION TRUST AND THE FISCAL YEAR 2024-2025 MASTERPLAN, ATTACHED AND INCORPORATED AS COMPOSITE EXHIBIT "A", IN THE AMOUNT OF $843,882.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025. SPONSOR(S): Commissioner Christine King WHEREAS, the City of Miami ("City") created and established the Liberty City Community Revitalization Trust ("Trust") pursuant to Ordinance No. 12859 adopted October 12, 2006, as subsequently amended; and WHEREAS, the Trust is responsible for the oversight and facilitation of the City's revitalization and redevelopment activities in the Liberty City area as well as for the District 5 neighborhoods owner -occupied affordable housing improvements grant program for low income homeowners; and WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as amended, provides that the Trust shall submit a budget to the City Commission for approval in a form acceptable to the City Manager; and WHEREAS, pursuant to Trust Resolution No. 24-005, the governing body of the Trust reviewed and approved the Trust's Master Plan and budget in the amount of $843,882.00 for Fiscal Year ("FY") 2024-2025 on June 27, 2024; and WHEREAS, the Trust requests the approval of the Fiscal Year 2024-2025 Trust Budget and Master Plan commencing October 1, 2024, and ending September 30, 2025, in the total amount of $843,882.00, attached and incorporated as Composite Exhibit "A"; 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 FY 2024-2025 Trust Master Plan and Budget in the amount of $843,882.00, attached and incorporated as Composite Exhibit "A", commencing October 1, 2024, and ending September 30, 2025, is approved and adopted. City of Miami Page 1 of 2 File ID: 16521 (Revision:) Printed On: 9/16/2024 File ID: 16521 Enactment Number: R-24-0321 Section 3. This Resolution shall be effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: ge Wy ng III, C y ttor -y 8/27/2024 1 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: 16521 (Revision:) Printed on: 9/16/2024