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HomeMy WebLinkAboutR-17-0439City of Miami Resolution R-17-0439 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 2820 Final Action Date: 9/19/2017 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE WYNWOOD BUSINESS IMPROVEMENT DISTRICT ("BID"), ATTACHED AND INCORPORATED, IN THE AMOUNT OF $863,206.00 TO PROVIDE FOR THE MANAGEMENT, OPERATION, AND MAINTENANCE OF THE BID FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018. 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 for its management, operation, and maintenance to the City Commission for approval; and WHEREAS, the BID Board reviewed and approved the BID's budget for Fiscal Year 2017-2018 on August 14, 2017; and WHEREAS, the BID requests the approval of the budget for the Fiscal Year commencing October 1, 2017 and ending September 30, 2018 in the amount of $863,206.00; 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 BID's Fiscal Year 2017-2018 budget, attached and incorporated, in the amount of $863,206.00 for the Fiscal Year commencing October 1, 2017 and ending September 30, 2018 is approved and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.' 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 1 of 2 File ID: 2820 (Revision: A) Printed On: 3/24/2025 File ID: 2820 Enactment Number: R-17-0439 APPROVED AS TO FORM AND CORRECTNESS: z, i y ttor ey ) 11/16/2017 City of Miami Page 2 of 2 File ID: 2820 (Revision: A) Printed on: 3/24/2025