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Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-01060 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE TENTATIVE ANNUAL BUDGET OF THE
DOWNTOWN DEVELOPMENT AUTHORITY ("DDA") OF THE CITY OF MIAMI,
FLORIDA ("CITY"), ATTACHED AND INCORPORATED, IN THE TOTAL AMOUNT
OF $9,311,159.00, AND MAKING APPROPRIATIONS FROM THE DOWNTOWN
DEVELOPMENT DISTRICT AD VALOREM TAX LEVY AND OTHER
MISCELLANEOUS INCOME FOR THE DDA, FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2015 AND ENDING SEPTEMBER 30, 2016;
AUTHORIZING THE DDA TO INVITE AND ADVERTISE REQUIRED BIDS;
PROVIDING FOR BUDGETARY FLEXIBILITY; PROVIDING THAT THIS
RESOLUTION BE DEEMED SUPPLEMENTAL AND IN ADDITION TO THE
RESOLUTION MAKING APPROPRIATIONS FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2015 AND ENDING SEPTEMBER 30, 2016 FOR THE
OPERATIONS OF THE CITY.
WHEREAS, Section 14-59 of the Code of the City of Miami, Florida, as amended, provides that
the DDA shall submit its annual budget for its operations to the City Commission for approval; and
WHEREAS, the Board of Directors of the Downtown Development Authority ("DDA") of the City
of Miami, Florida ("City") approved and adopted the DDA's preliminary budget for Fiscal Year
2015-2016 on July 17, 2015, pursuant to DDA Resolution 14/2015; and
WHEREAS, the DDA requests the approval of the budget for the Fiscal Year commencing
October 1, 2015 and ending September 30, 2016, in the total amount of $9,311,159.00;
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 DDA tentative annual budget, attached and incorporated, in the total amount of
$9,311,159.00, for the operations of the DDA, for the Fiscal Year commencing October 1, 2015 and
ending September 30, 2016, is approved and adopted.
Section 3. With the exception of the $650,000.00 DDA contribution to the Tri-Rail Downtown
Miami Link Project, the abovementioned operating expenditures are merely anticipatory and thus,
the Board of Directors of the DDA is hereby authorized to withhold any of these appropriated funds
from encumbrance or expenditure should such action appear advantageous to the economic and
efficient operation of the DDA.
Section 4. The DDA is further authorized to make transfers between the detailed accounts
City of Miami Page 1 of 2 File Id: 15-01060 (Version: 1) Printed On: 8/28/2015
File Number; 15-01060
comprising any of the amounts appropriated in Section 2 above, so that any available and required
balance in such accounts may be used for other necessary and proper purposes.
Section 5, Subject to Chapter 18 of the Code of the City of Miami, Florida, as amended, the
DDA is further authorized to solicit bids for the purpose of procuring any materials, supplies,
equipment and services embraced in the amounts appropriated in Section 2 above, for which
formal bidding is required, with such bids being returnable as required by law.
Section 6. This Resolution shall be deemed supplemental and in addition to the Resolution
making appropriations for the operations of the City of Miami, for the Fiscal Year commencing
October 1, 2015 and ending September 30, 2016.
Section 7. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor. {1}
APPROVED AS TO FORM AND CORRECTNESS:
o-v
1`CTORIAJMEND
CITY ATTORNEY
Footnotes:
{1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (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 City Commission.
City of Miami Page 2 of 2 File Id: 15-01060 (Version: 1) Printed On: 8/28/2015