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Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 14-00811 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE COCONUT GROVE
BUSINESS IMPROVEMENT DISTRICT ("BID") IN THE AMOUNT OF $1,411,248.00,
ATTACHED AND INCORPORATED, TO PROVIDE FOR THE MANAGEMENT,
OPERATIONS AND MAINTENANCE OF THE BID, FOR THE FISCAL YEAR
COMMENCING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015.
WHEREAS, the City of Miami ("City") established, approved and created the Coconut Grove
Business Improvement District ("BID") pursuant to Ordinance No. 13059, adopted March 12, 2009;
and
WHEREAS, the BID was established to stabilize and improve retail and other business with
Coconut Grove through promotion, management, marketing, and other similar services, including but
not limited to, coordination, funding, implementation and maintenance of infrastructure improvements,
and other projects; and
WHEREAS, Section 2-1257 of the Code of the City of Miami, Florida, as amended, provides that
the BID shall submit its annual budget to the City Commission for approval; and
WHEREAS, at its August 7, 2014, scheduled meeting, the BID approved and recommended that
the City Commission adopt the attached budget for the Fiscal Year commencing October 1, 2014 and
ending September 30, 2015;
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 fully set forth in this Section.
Section 2. The annual budget of the BID in the amount of $1,411,248.00, attached and
incorporated, to provide for the management, operations and maintenance of the BID, for the Fiscal
Year commencing October 1, 2014 and ending September 30, 2015, is approved and adopted.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{1}
APPROVED AS TO FORM )ND CORRECTNESS:
CTOA MENDEZ
CITY ATTORNEY
City of Miami
Page 1 of 2 File Id: 14-00811 (Version: 1) Printed On: 8/18/2014
File Number. 14-00811
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: 14-00811 (Version: 1) Printed On: 8/18/2014