HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #4619
Date: 08/09/2018
Commission Meeting Date: 09/13/2018
Type:
Subject:
Requesting Department: Virginia Key Beach
Park Trust
Sponsored By:
District Impacted: District 2
Resolution
Approve Annual Budget FY '19 - Virginia Key Beach Park Trust
Purpose of Item:
The Board of Trustees of Virginia Key Beach Park Trust (the Trust) request that the City
Commission approve the attached resolution requesting $1,143,000.00 for F/Y 2018-
2019 budget. This sum consists of the total amount of $28,000.00 Cash with Fiscal
Agent Funds, $50,000.00 Trust carryover funds, $65,000.00 in awarded grants and
$700,000.00 In anticipated revenues and $300,000.00 from City of Miami operating
funds to provide the general administrative and operational staff the support to continue
the progress and improvement at Historic Virginia Key Beach Park.
Background of Item:
The Virginia Key Beach Park Trust ("Trust") is a limited agency and instrumentality of
the City of Miami ("City") created pursuant to Ordinance No. 12003, adopted December
14, 2000.
The Trust, is guided by its vision to preserve the Historic Virginia Key Beach Park
property in a manner consistent with the environmental health, public use, historical
legacy of the social and civil rights history of South Florida African American community
Budget Impact Analysis
Item is an Expenditure
Item is Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
Special Revenue Account No: 11590.940101.Various (See attached for Objects)
Unknown Guy Forchion
Office of Management and Budget
Office of Management and Budget
Office of Management and Budget
City Manager's Office
Legislative Division
City Manager's Office
Office of the City Attorney
Reviewed B
Department Head Review
Carolina Aguila
Aniska Elliott
Christopher M Rose
Nzeribe Ihekwaba
Valentin J Alvarez
Nikolas Pascual
Barnaby L. Min
Completed
Budget Analyst Review
Budget Analyst Review
Budget Review
Assistant City Manager Review
Legislative Division Review
City Manager Review
Deputy City Attorney Review
08/17/2018 9:51 AM
Skipped 08/17/2018 12:50 PM
Completed
Completed
Completed
Completed
Completed
Completed
08/17/2018 2:07 PM
08/24/2018 12:11 PM
09/04/2018 12:53 PM
09/04/2018 1:32 PM
09/04/2018 2:56 PM
09/04/2018 3:57 PM
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Office of the City Clerk
Victoria Mendez
Nicole Ewan
Mayor's Office
City Clerk's Office
City Clerk's Office
Approved Form and Correctness Completed
Meeting Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
Rendered Completed
09/04/2018 6:17 PM
09/13/2018 5:05 PM
09/24/2018 4:18 PM
09/24/2018 4:48 PM
09/24/2018 10:22 PM
City of Miami
Legislation
Resolution
Enactment Number: R-18-0388
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 4619 Final Action Date:9/13/2018
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE VIRGINIA KEY
BEACH PARK TRUST ("TRUST"), ATTACHED AND INCORPORATED, IN THE
AMOUNT OF $300,000.00 FROM CITY OF MIAMI OPERATING FUNDS, $50,000.00
FROM TRUST CARRYOVER FUNDS, $28,000.00 FROM TRUST CASH WITH THE
FISCAL AGENT, $65,000.00 IN GRANTS, AND $700,000.00 IN ANTICIPATED
REVENUE, FOR A TOTAL AMOUNT OF $1,143,000.00, TO PROVIDE FOR THE
MANAGEMENT, OPERATION, MAINTENANCE, AND CAPITAL EXPENDITURES OF
HISTORIC VIRGINIA KEY BEACH PARK FOR THE FISCAL YEAR COMMENCING
OCTOBER 1, 2018 AND ENDING SEPTEMBER 30, 2019.
WHEREAS, the Virginia Key Beach Park Trust ("Trust") is a limited agency and
instrumentality of the City of Miami ("City") created pursuant to Ordinance No. 12003 adopted
December 14, 2000, as subsequently amended by Ordinance No. 12201 adopted March 14,
2002; Ordinance No. 12857 adopted October 12, 2006; Ordinance No. 13004 adopted June
12, 2008; Ordinance No. 13065 adopted May 14, 2009; Ordinance No. 13170 adopted May
13, 2010; and Ordinance No. 13681 adopted May 25, 2017; and
WHEREAS, the Trust, in cooperation with the Department of Parks and Recreation and
other City departments, is guided by its vision to preserve the Historic Virginia Key Beach Park
("Park") in a manner consistent with the environmental health, public use, historical importance,
and the aspirations of the African American community; and
WHEREAS, Section 38-237 of the Code of the City of Miami, Florida, as amended,
provides that the Trust shall submit its annual budget for its management, operation,
maintenance, and capital expenditures to the City Commission for approval; and
WHEREAS, the governing body of the Trust reviewed and approved the Trust's budget
for Fiscal Year 2018-2019 on April 3, 2018 in the total amount of $1,143,000.00; and
WHEREAS, the Trust requests the approval of the annual budget for the Fiscal Year
commencing October 1, 2018, and ending September 30, 2019, in the amount of $300,000.00
from the City's operating funds, $50,000.00 from the Trust's carryover funds, $25,000.00 from
the Trust's cash with the Miami Foundation as the Trust's fiscal agent ("Fiscal Agent"),
$65,000.00 from Grants, and $700,000.00 in anticipated revenue, for a total amount of
$1,143,000.00;
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 Trust's annual budget, attached and incorporated, in the amount of
$300,000.00 from the City's operating funds, $50,000.00 from the Trust's carryover funds,
$28,000.00 from the Trust's cash with the Fiscal Agent, $65,000.00 from Grants, and
$700,000.00 in anticipated revenue, for a total amount of $1,143,000.00 for the Fiscal Year
commencing October 1, 2018, and ending September 30, 2019, is approved and adopted.
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
ndez, City Attor
1 If the Mayor does not sign this Resolution, it shall become effective at the end of (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 commission.