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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00799 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE WYNWOOD BUSINESS IMPROVEMENT DISTRICT ("BID") IN THE AMOUNT OF $1,045,800.00, ATTACHED AND INCORPORATED, TO PROVIDE FOR THE 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 adopted the Wynwood Business Improvement District ("BID") pursuant to Ordinance No. 13404, adopted September 12, 2013, as amended by Ordinance No. 13453, adopted May 8, 2014; and WHEREAS, the BID was established to stabilize and improve retail and other businesses within Wynwood through promotion, management, marketing, and other similar services, including but not limited to, coordination, funding, implementation and maintenance of infrastructure improvements, security, sanitation and other projects; and WHEREAS, Section 2-1323 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 5, 2014 scheduled meeting, the BID board 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 $1,045.800.00, attached and incorporated, to provide for the 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} APPOVED AS TO FORM AND CORRECTNESS: 1 VI ORI ` ENDEZ CITY ATTORNEY City of Miami Page 1 of 2 File Id: 14-00799 (Version: 1) Printed On: 8/21/2014 File Number: 14-00799 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 Mianzi Page 2 of 2 File Id: 14-00799 (Version: 1) Printed On: 8/21/2014