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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 15-01066 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE VIRGINIA KEY BEACH PARK TRUST, ATTACHED AND INCORPORATED, IN THE AMOUNT OF $146,000.00 IN CARRYOVER FUNDS AND $590,000.00 IN ANTICIPATED REVENUE, FORA TOTAL AMOUNT OF $736,000.00, TO PROVIDE FOR THE MANAGEMENT, OPERATION, MAINTENANCE AND CAPITAL EXPENDITURES FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2015 AND ENDING SEPTEMBER 30, 2016. WHEREAS, the Virginia Key Beach Park Trust ("Trust") is a limited agency and instrumentality of the City of Miami ("City") created pursuant to City Ordinance No. 12003, adopted December 14, 2000; and WHEREAS, the Trust, in cooperation with the Department of Parks and Recreation and other City departments, is guided by its vision to preserve the Historic Virginia Key Beach Park property in a manner consistent with the environmental health, public use, historical importance of the park and the aspirations of the African American community; and WHEREAS, Section 38-237 of the Code 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 governing body of the Trust reviewed and approved the Trust's budget for Fiscal Year 2015-2016 on August 5, 2015; and WHEREAS, the Trust requests the approval of the budget for the Fiscal Year commencing October 1, 2015 and ending September 30, 2016, in the amount of $146,000.00 in carryover funds and $590,000.00 in anticipated revenue, for a total amount of $736,000.00; 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 if fully set forth in this Section. Section 2. The Trust's Fiscal Year 2015-2016 budget, in the amount of $146,000.00 in City of Miami Page 1 of 2 File Id: 15-01066 (Version: 1) Printed On: 8/24/2015 File Number: 15-01066 carryover funds and $590,000.00 in anticipated revenue, for a total amount of $736,000.00, attached and incorporated, for the Fiscal Year commencing October 1, 2015 and ending September 30, 2016, is approved and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {1 } APPROV 1 AS TO FORM AND CORRECTNESS: VICTORIA MEND 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: 15-01066 (Version: I) Printed On: 8/24/2015