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HomeMy WebLinkAboutDraft Copy of ResolutionRESOLUTION NO. A RESOLUTION OF THE MIAMI CITY COMMISSION, APPROVING THE OPERATING FUNDS FOR THE LIBERTY CITY COMMUNITY REVITALIZATION TRUST'S FISCAL YEAR 2011-2012 BUDGET IN THE AMOUNT OF SIX HUNDRED SEVENTEEN THOUSAND SIX HUNDRED FIFTY DOLLARS ($617,650.00) WHEREAS, the City of Miami approved and adopted the Liberty City Community Revitalization Trust ("Trust") pursuant to Ordinance No. 12859, as 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, and WHEREAS, Section, 12.15-35 of the City Code, as amended, requires a budget pertaining to the management, operations, maintenance and capital expenditures for the Trust, be approved by the City Commission, and WHEREAS, the Trust requests the approval of the budget for the fiscal year commencing October 1, 2011 and ending September 30, 2012, in the amount of Six Hundred Seventeen Thousand Six Hundred Fifty Dollars ($617,650.00), .from administrative dollars provided by the Neighborhood Initiative Grant Program generated income to provide the general administrative and operational staff the support to operate, 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. /2- 000/9- Graff' Copy of qes I uti off► Section 2. The operating funds for the Liberty City Community Revitalization Trust Fiscal Year 2011-2012 budget in the amount of Six Hundred Seventeen Thousand Six Hundred Fifty Dollars ($617,650.00), is approved Section 3. This resolution shall be effective immediately upon its adoption and signature of the Mayor.' TOMAS P. REGALADO, MAYOR ATTEST: PRISGILLA A. THOMPSON CITY CLERK APPROVED AS TO FORM AND..:: CORRECTNESS: JULIE O. BRU CITY ATTORNEY 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.