HomeMy WebLinkAboutR-16-0380City of Miami
Legislation
Resolution: R-16-0380
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 16-01199 Final Action Date: 9/6/2016
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 $9,214,100.00, 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, 2016 AND ENDING SEPTEMBER 30, 2017;
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, 2016 AND ENDING SEPTEMBER 30, 2017 FOR THE
OPERATIONS OF THE CITY.
WHEREAS, Section 14-59 of the Code of the City of Miami, Florida, as amended, provides
that the Downtown Development Authority ("DDA") of the City of Miami, Florida ("City") shall submit
its annual budget for its operations to the City Commission for approval; and
WHEREAS, the Board of Directors of the DDA approved and adopted the DDA's
preliminary budget for Fiscal Year 2016-2017 on July 15, 2016, pursuant to DDA Resolution
20/2016; and
WHEREAS, the DDA requests the approval of the tentative budget for the Fiscal Year
commencing October 1, 2016 and ending September 30, 2017, in the total amount of
$9,214,100.00;
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 $9,214,100.00, for the operations of the DDA, for the Fiscal Year commencing October
1, 2016 and ending September 30, 2017, is approved and adopted.
Section 3. With the exception of the $300,000.00 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
City of Miami
Page 1 of 2 File Id: 16-01199 (Version: 1) Printed On: 5/18/2018
File Number: 16-01199 Enactment Number: R-16-0380
the economic and efficient operation of the DDA.
Section 4. The DDA is further authorized to make transfers between the detailed accounts
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 purposes 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, for the Fiscal Year commencing October 1,
2016 and ending September 30, 2017.
Section 7. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor. {1}
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: 16-01199 (Version: 1) Printed On: 5/18/2018