HomeMy WebLinkAboutLegislationCity of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 14-00884 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING THE CITY OF MIAMI'S ("CITY'S") FISCAL YEAR 2014-2015
MULTI -YEAR CAPITAL PLAN ("PLAN"), ATTACHED AND INCORPORATED, AS
REQUIRED PURSUANT TO THE LOCAL GOVERNMENT COMPREHENSIVE
PLANNING AND LAND DEVELOPMENT REGULATION ACT, SECTION 163.3177,
FLORIDA STATUTES (2014), 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 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 (2014), 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;
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 Fiscal Year 2014-2015 Multi -Year Capital Plan ("Plan"), attached and
incorporated, is approved, as required pursuant to the Local Government Comprehensive Planning
and Land Development Regulation Act, Section 163.3177, Florida Statutes (2014) and pursuant to
Chapter 18/Article IX/Divisions 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: 14-00884 (Version: 1) Printed On: 8/29/2014
File Number: 14-00884
APP) OVED AS TO FORM AND CORRECTNESS:
VICtrORIA MONDEZ
CITY ATTORNEY
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: 14-00884 (Version: 1) Printed On: 8/29/2014