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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00778 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET FOR THE VIRGINIA KEY BEACH PARK TRUST, IN THE AMOUNT OF $641,199.00, ATTACHED AND INCORPORATED, TO PROVIDE FOR THE MANAGEMENT, OPERATION, MAINTENANCE AND CAPITAL EXPENDITURES FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015. WHEREAS, the Virginia Key Beach Park Trust ("Trust") is a limited instrumentality of the City of Miami ("City") created pursuant to City Commission Ordinance No. 12003, adopted December 14, 2000; and WHEREAS, Section 38-237 of the Code of the City of the City of Miami, Florida, as amended, provides that the Trust shall submit its annual budget for its management, operation, maintenance and capital expenditures to the City Commission for approval; and WHEREAS, the Trust requests the approval of the budget for the Fiscal Year commencing October 1, 2014 and ending September 30, 2015, in the total amount of $641,199.00, consisting of a contribution from the City's operating funds in the amount of $89,240.00, carryover funds in the amount of $25,109.00, and anticipated revenue in the amount of $526,850.00, to provide the general administrative and operational staff support to continue the progress and improvements at the Historic Virginia Key Beach Park; and WHEREAS, the Trust members have reviewed and approved the Trust's Fiscal Year 2014-2015 budget at their July 17, 2014 meeting; 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 Trust's annual budget, in the amount of $641,199.00, attached and incorporated, to provide for the management, operation, maintenance, and capital expenditures 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} City of Mianri Page 1 of 2 File Id: 14-00778 (Version: 1) Printed On: 8/20/2014 File Number: 14-00778 APPROVED AS TO FORM AND CORRECTNESS: VICTORIA MEINDEZ_ CITY ATTORNEY' Footnotes: {1} if the Mayor does not sign this Resolution, it shall become effective at the end of (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 Commission. City of Miami Page 2 of 2 File Id: 14-00778 (Version: 1) Printed On: 8/20/2014