HomeMy WebLinkAboutR-24-0357City of Miami
Resolution R-24-0357
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 16416 Final Action Date: 9/12/2024
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE AMENDED BUDGET OF THE LIBERTY
CITY COMMUNITY REVITALIZATION TRUST, ATTACHED AND
INCORPORATED AS EXHIBIT "A", IN THE AMOUNT OF ONE MILLION, TWO
HUNDRED NINETY-THREE THOUSAND, NINETY-TWO AND 00/100
DOLLARS ($1,293,092.00) FOR THE FISCAL YEAR COMMENCING
OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024.
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; and
WHEREAS, the Trust is responsible for the oversight and facilitation of the City's
revitalization and redevelopment activities in the Liberty City area; and
WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as amended ("City
Code"), 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 Resolution No. R-23-0370, adopted September 9, 2023, the
City Commission approved the Trust's original annual budget for the Fiscal Year commencing
October 1, 2023, through September 30, 2024 in the amount of Eight Hundred Thirty -Three
Thousand, Ninety -Two and 00/100 Dollars ($833,092.00), attached and incorporated as Exhibit
"A"; and
WHEREAS, pursuant to Resolution No. R-24-0184, adopted by the City Commission on
May 9, 2024, attached and incorporated as Exhibit "B", the Trust received unanticipated
revenues from the District 5 Commissioner's share of Miami for Everyone ("MFE") Program
funds, in the total amount of Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00),
grant funds from the Mayor's Discretionary Account in the amount of One Hundred Thousand
and 00/100 Dollars ($100,000.00), and grant funds from the Venture Miami Account in the
amount of Fifty Thousand and 00/100 Dollars ($50,000.00), to fund its summer youth
employment program; and
WHEREAS, pursuant to Resolution No. CRA-R-24-0043, adopted by the Southeast
Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") on June 27 2024,
attached and incorporated as Exhibit "C", the Trust received unanticipated revenue from
SEOPW CRA in the total amount of Sixty Thousand and 00/100 Dollars ($60,000.00), to fund its
Summer Youth Program; and
City of Miami Page 1 of 2 File ID: 16416 (Revision:) Printed On: 9/25/2024
File ID: 16416 Enactment Number: R-24-0357
WHEREAS, pursuant to Trust Resolution No. 24-004, the governing body of the Trust
reviewed and approved the Trust's amended budget for Fiscal Year 2023-2024 on June 27,
2024, attached and incorporated as Exhibit "D";
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 Trust's Fiscal Year 2023-2024 Amended Budget, in the amount of One
Million, Two Hundred Ninety -Three Thousand, Ninety -Two and 00/100 Dollars ($1,293,092.00)
attached and incorporated as Exhibit "D", for the Fiscal Year commencing October 1, 2023, and
ending September 30, 2024, is approved and adopted.
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
rge = . Wyk ng III, C ty ttor -y 9/3/2024
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: 16416 (Revision:) Printed on: 9/25/2024