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HomeMy WebLinkAboutR-13-0437City of Miami Legislation Resolution: R-13-0437 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 13-01066 Final Action Date: 10/24/2013 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING THE CITY OF MIAMI'S ("CITY'S") 2013-2014 MULTI -YEAR CAPITAL PLAN ("PLAN"), ATTACHED AND INCORPORATED, AS REQUIRED BY SECTION 163.3177, FLORIDA STATUTES (2013), AND PURSUANT TO CHAPTER 18/ ARTICLE IX/DIVISIONS 1 AND 2 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, ENTITLED "FINANCE/FINANCIAL POLICIES/ANTI-DEFICIENCY ACT/FINANCIAL INTEGRITY PRINCIPLES," TO SET FORTH THE CITY'S FISCAL NEEDS FOR CAPITAL IMPROVEMENTS, SUBJECT TO AN ANNUAL PLAN REVIEW, TO DETERMINE PROJECT PRIORITIES AND TO MODIFY FUNDING ALLOCATIONS AS NECESSARY. WHEREAS, a capital improvement element programming process to support the Comprehensive Plan is required by the Local Government Comprehensive Planning and Land Development Regulation Act, more particularly, Section 163.3177, Florida Statutes (2013), and pursuant to Chapter 18/Article IX/Divisions 1 and 2 of the Code of the City of Miami, Florida, as amended ("City Code"), entitled "Finance/Financial Policies/Anti-Deficiency Act/Financial Integrity Principles;" and WHEREAS, a Capital Improvements Plan is a policy and management tool to plan municipal borrowing and indebtedness over a period of time, to establish annual expenditures within a framework of long-range fiscal requirements and to serve as an official statement of the City of Miami's ("City's") development plans; and WHEREAS, the capital improvement element programming process must be reviewed by the City on an annual basis; 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 fully set forth in this Section. Section 2. The City's 2013-2014 Multi -Year Capital Plan ("Plan"), attached and incorporated, is approved, as required by Section 163.3177, Florida Statutes (2013) and pursuant to Chapter 18/Article IX/ Division 1 and 2 of the City Code, entitled "Finance/Financial Policies/Anti-Deficiency Act/Financial Integrity Principles," to set forth the City's fiscal needs for capital improvements, subject to an annual Plan review, to determine project priorities and to modify funding allocations as necessary. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {1} City of Miami Page 1 of 2 File Id: 13-01066 (Version: 2) Printed On: 9/20/2017 File Number: 13-01066 Enactment Number: R-13-0437 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: 13-01066 (Version: 2) Printed On: 9/20/2017