HomeMy WebLinkAboutPre-Legislation DDA-(SUB)THIS DOCUMENT IS A SUBSTITUTION TO
ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT
END OF THIS DOCUMENT.
RESOLUTION NO. 023/2018
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
MIAMI DOWNTOWN DEVELOPMENT AUTHORITY OF THE
CITY OF MIAMI, FLORIDA AUTHORIZING THE EXECUTIVE
DIRECTOR TO ESTABLISH A PROPOSED MILLAGE RATE FOR
THE DOWNTOWN DEVELOPMENT DISTRICT OF THE CITY OF
MIAMI, FLORIDA FOR THE FISCAL YEAR BEGINNING
OCTOBER I, 2018 AND ENDING SEPTEMBER 30, 2019 AT
0.4681 MILLS.
WHEREAS, Section 200.065(2)(aXI), Florida Statutes (2017) ("Statute"), requires each taxing
authority to establish a proposed millage rate; and
WHEREAS, the Statute stipulates that the proposed rnillage rate be submitted to the Miami -Dade
County Property Appraiser and the Tax Collector; and
WHEREAS, the proposed millage rate reflects the levy necessary to realize property tax revenues
anticipated in the Fiscal Year 201 S-2919 Budget for the Miami Downtown Development Authority of the
City of Miami, Florida ("Miami DDA"); and
WHEREAS, the Statute requires that the proposed millage rate be included on tax notices; and
WHEREAS, the proposed millage rate submitted to the Property Appraiser is not binding but
necessary for the purpose of preparation of tax notices;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE MIAMI
DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals are true and correct and are adopted by reference and incorporated as
if fully set forth in this Section.
Section 2. The Miami DDA Board of Directors hereby authorizes the Executive Director to
establish a proposed millage rate for the Miami Downtown Development District of the City of Miami,
Florida for the Fiscal Year beginning October 1, 2018 and ending September 30, 2019 at 0.4681 mills.
Section 3. The Executive Director of the Miami DDA is instructed to submit said proposed
millage rate for the Miami Downtown Development District of the City of Miami, Florida to the Miami -
Dade County Property Appraiser and Tax Collector_
4349 Pre -Legislation DDA-(SUB)
THIS DOCUMENT IS A SUBSTITUTION TO
ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT
END OF THIS DOCUMENT.
Section 4. This Resolution shall become effective immediately upon its adoption.
PASSED ARID ADOPTED this 4a' day of July, 2018.
issioner Ken Russell
Alyce Robertson, Executive Director
Ivonne de la Vega
Secretary to the Board of Diree
THIS DOCUMENT IS A SUBSTITUTION TO
ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT
END OF THIS DOCUMENT.
RESOLUTION NO. 0240018
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE MIAMI
DOWNTOWN DEVELOPMENT AlITH.ORITY OF THE CITY OF MIAMI,
FLORIDA ("MIAMI DDA") APPROVING THE PRELIMINARY ANNUAL
BUDGET OF THE DDA FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
2018 AND ENDING SEPTEMBER 30, 2019; REQUESTING THAT THE MIAMI
CITY COMMISSION ESTABLISH THE MILLAGE TO SUPPORT THE
FINANCIAL REQUIREMENTS OF THE BUDGET; AUTHORIZING THE
EXECUTIVE DIRECTOR OF THE MIAMI DDA TO EXPEND FUNDS FOR THE
BUDGET; DIRECTING THE EXECUTIVE DIRECTOR TO FILE A DETAILED
STATEMENT OF THE PROPOSED EXPENDITURES AND ESTIMATED
REVENUES FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2018 AND
ENDING SEPTEMBER 30, 2019 WITH THE CITY CLERK OF THE CITY OF
MIAMI ("CLERK") AFTER ADOPTION AND ESTABLISHMENT OF THE
MILLAGE BY THE MIAMI CITY COMMISSION; AND FURTHER PROVIDING
THAT A COPY OF THIS RESOLUTION BE FILED WITH THE CLERK.
WHEREAS, the Miami Downtown Development Authority of the City of Miami, Florida
("Miami DDA") has prepared a preliminary budget for the Fiscal Year beginning October 1, 2018
and ending September 30, 2019; and
WHEREAS, the Board of Directors of the Miami DDA has reviewed said budget based on
the Estimated Tax Roll provided by Miami -Dade County; and
WHEREAS, the Board of Directors of the Miami DDA finds that the proposed budget is
necessary in order to further the objectives of the Miami DDA as authorized by the Code of the
City of Miami, Florida, as amended;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
MIAMI DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA:
Section I. The recitals are true and correct and are adopted by reference and
incorporated as if fully set forth in this Section.
Section 2. The preliminary budget of the Miami DDA as submitted by the Executive
Director is made part of this Resolution and is hereby approved and shall be known as the "Annual
Budget of the. Miami Downtown Development Authority: Fiscal Year October 1, 2018 through
September 30, 2019".
Section 3. The following appropriations for the Fiscal Year beginning October 1,
2018 and ending September 30, 2019 are hereby made for the purpose of financing the operations
and other legal and proper purposes of the Miami DDA:
THIS DOCUMENT IS A SUBSTITUTION TO
ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT
END OF THIS DOCUMENT.
GEFSERAL FUND
Revanua Sources
AC Valorem Tax Levy 9,120,000
27tber Revenue 100,000
Total Sources 9,220,000
Fund Balances/Reserves g,216ppp
Total Rewe nuer and geianoes 12,496,000
Use of Funds
La ads rabid, Advocacy a. Operations 1,340,000
Burinass UeveIc pment & Marketing 2,25,000
Aria, culture a. Entertain m.nt 1,117,000
Urban Fl.camakang 2176,030
Transit. Connectivity & Mobility 560,000
c u■IIty of Of is 2,605,000
Subtotal 10,074,000
Fund 6siancea/Reserves 2,a0=1 000
Total Uaes 11,496.000
Section 4. The Executive Director is directed to submit a copy of this preliminary
budget as well as this Resolution to the Miami City Commission and to request the Miami City
Commission to adopt said preliminary budget and establish the rnillage, authorized by law, to
support the financial requirements of this budget.
Section S. The Executive Director is authorized to expend funds, including new
salary rates as provided in said budget, after adoption and establishment of the miltage by the Miami
City Commission, beginning October 1, 20] 8.
Section 6. The Executive Director is directed to prepare and file with the City Clerk
of the City of Miami, Florida ("Clerk") a detailed statement of the proposed expenditures and
estimated revenues for the Fiscal Year 2018-2019, which shall be entitled "Annual Budget of the
Miami Downtown Development Authority: Fiscal Year October 1, 2018 through September 30,
2019".
Section 7. A copy of this Resolution and the attachment(s) shall be filed with the
Clerk after adoption of the millage by the Miami City Commission.
Section 8, This Resolution shall become effective immediately upon its adoption.
PASSED AND ADOPTED this 20' day of July, 2018.
Ken Russell, Chairman
Alyce M. Robertson, Executive Director
Bonne de la Vega
Secretary to the Board of the Dia. c:to
SUBSTITUTED
RESOLUTION NO. xx/2018
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF
MIAMI, FLORIDA AUTHORIZING THE EXECUTIVE DIRECTOR
TO ESTABLISH A PROPOSED MILLAGE RATE FOR THE
DOWNTOWN DEVELOPMENT DISTRICT OF THE CITY OF
MIAMI, FLORIDA FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2018 AND ENDING SEPTEMBER 30, 2019 AT 0.
MILLS.
WHEREAS, Section 200.065(2)(a)1, Florida Statutes (2017) ("Statute"), equires each taxing
authority to establish a proposed millage rate; and
WHEREAS, the Statute stipulates that the proposed millage rate be s nitted to the Miami -Dade
County Property Appraiser and the Tax Collector; and
WHEREAS, the proposed millage rate reflects the levy necess
anticipated in the Fiscal Year 2018-2019 Budget for the Downtown
Miami ("MDDA"); and
to realize property tax revenues
velopment Authority of the City of
WHEREAS, the Statute requires that the proposed tax ate be included on tax notices; and
WHEREAS, the proposed millage rate submitte'. to the Property Appraiser is not binding but
necessary for the purpose of preparation of tax notices;
NOW, THEREFORE, BE IT RESOLV' , BY THE BOARD OF DIRECTORS OF THE
DOWNTOWN DEVELOPMENT AUTHORIT IF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals e true and correct and are adopted by reference and
incorporated as if fully set forth in this Secti
Section 2. The MDDA :.ard of Directors hereby authorizes the Executive Director to
establish a proposed millage rate for e Downtown Development District of the City of Miami, Florida
("District") for the Fiscal Year beg ping October 1, 2018 and ending September 30, 2019 at 0. mills.
Section 3. The E ecutive Director of the MDDA is instructed to submit said proposed rate
for the District to the Miami i ade County Property Appraiser and Tax Collector.
Section 4. his Resolution shall be effective immediately upon its adoption.
PASSED D ADOPTED this 20th day of July, 2018.
Commissioner Ken Russell
Alyce Robertson, Executive Director
TTEST:
Ivonne de la Vega
Secretary to the Board of Directors
SUBSTITUTED
RESOLUTION NO. XX/2018
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE MIAMI
DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI,
FLORIDA ("MIAMI DDA") APPROVING THE PRELIMINARY ANNUAL
BUDGET OF THE MIAMI DDA FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2018 AND ENDING SEPTEMBER 30, 2019 ("FISCAL YEAR").
REQUESTING THAT THE MIAMI CITY COMMISSION ESTABLISH T
MILLAGE TO SUPPORT THE FINANCIAL REQUIREMENTS OF E
BUDGET; AUTHORIZING THE EXECUTIVE DIRECTOR OF THE MIA IDA
TO EXPEND FUNDS FOR THE BUDGET; DIRECTING THE EXE' TIVE
DIRECTOR TO FILE A DETAILED STATEMENT OF THE P' *POSED
EXPENDITURES AND ESTIMATED REVENUES FOR THE FIS' AL YEAR
WITH THE CITY CLERK OF THE CITY OF MIAMI, FLORIDA (" Y CLERK")
AFTER ADOPTION AND ESTABLISHMENT OF THE MIL AGE BY THE
MIAMI CITY COMMISSION; AND FURTHER PROVIDING ' AT A COPY OF
THIS RESOLUTION BE FILED WITH THE CITY CLERK.
WHEREAS, the Miami Downtown Development Autrity of the City of Miami, Florida
("Miami DDA") has prepared a preliminary budget for the F cal Year beginning October 1, 2018
and ending September 30, 2019 ("Fiscal Year"); and
WHEREAS, the Board of Directors of the ami DDA has reviewed said budget, said
budget being based on the Estimated Tax Roll prov ed by Miami -Dade County; and
WHEREAS, the Board of Directors of ie Miami DDA finds that the proposed budget is
necessary in order to further the objectives .' the Miami DDA, as authorized by the Code of the
City of Miami, Florida, as amended;
NOW, THEREFORE, BE IT SOLVED BY THE BOARD OF DIRECTORS OF THE
MIAMI DOWNTOWN DEVELOP ! NT AUTHORITY OF THE CITY OF MIAMI, FLORIDA:
Section 1. The re als are true and correct and are adopted by reference and
incorporated as if fully set fo in this Section.
Section 2. T e preliminary budget of the Miami DDA, as submitted by the Executive
Director, is made part o his Resolution and is hereby approved and shall be known as the "Annual
Budget of the Miarn 1owntown Development Authority: Fiscal Year October I, 2018 through
September 30, 201
Secti. 3. The following appropriations for the Fiscal Year are hereby made for the
purpose of nancing the operation and other legal and proper purposes of the Miami DDA:
Page 1 of 2
SUBSTITUTED
GEN €RAt F UNb
Revenue Sources
Ad Valorem Tax Levy
Other Revenue
Total Sources
Fund Balances/Reserves
Total Revenues and Balances
Use of Funds
Leadership, Advocacy & Operations
Arts, Culture & Entertainment
Business Development & Marketing
Quality of Life
Urban Plecemaking
Transit, Connectivity & Mobility
Tri-RailDowntown Llnk
Subtotal
Fund Balances/Reserves
Total Uses
Section 4. The Miami City Commission is requested • adopt said preliminary budget
and establish the millage, as authorized by law, to support the fin- cial requirements of this budget.
Section 5. The Executive Director of the Miar ' DDA is authorized to expend funds,
including new salary rates, as provided in said budget, er adoption and establishment of the
millage by the Miami City Commission, upon the first • y of the Fiscal Year.
Section 6. The Executive Director of e Miami DDA is directed to prepare and file
with the City Clerk of the City of Miami, Florida ity Clerk") a detailed statement of the proposed
expenditures and estimated revenues for the F. cal Year, which shall be entitled "Annual Budget
of the Miami Downtown Development Authr, ity: Fiscal Year October 1, 2018 through September
30, 2019".
Section 7. A copy of th ; Resolution and the attachment shall be filed with the City
Clerk after adoption of the millage the Miami City Commission,
Section 8. This R• olution shall become effective immediately upon its adoption.
ATTE
onne de la Vega
Secretary to the Board of the Directors
PASSED AND ADOPTED this 20' day of July, 2018.
Commissioner Ken Russell, Chairman
Page 2 of 2
Alyce M. Robertson, Executive Director