HomeMy WebLinkAboutR-17-0440City of Miami
Resolution R-17-0440
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 2734 Final Action Date: 9/19/2017
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE COCONUT GROVE
BUSINESS IMPROVEMENT DISTRICT ("BID"), ATTACHED AND INCORPORATED,
IN THE AMOUNT OF $3,453,577.00, 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 created the Coconut
Grove Business Improvement District ("BID") pursuant to Ordinance No. 13059 adopted March
12, 2009; and
WHEREAS, the BID was established to stabilize and improve retail and other
businesses within Coconut Grove through promotion, management, marketing, and other similar
services including, but not limited to, coordination, funding, implementation, and maintenance of
infrastructure improvements and other projects; and
WHEREAS, Section 2-1257 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 July 25, 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 $3,453,577.00;
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, in the amount of $3,453,577.00,
attached and incorporated, 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 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: 2734 (Revision:) Printed On: 3/24/2025
File ID: 2734 Enactment Number: R-17-0440
APPROVED AS TO FORM AND CORRECTNESS:
City of Miami Page 2 of 2 File ID: 2734 (Revision:) Printed on: 3/24/2025