HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #4711
Date: 08/24/2018
Commission Meeting Date: 12/13/2018
Requesting Department: Not Active Miami
Sports and Exhibition Authority
Sponsored By:
District Impacted: All
Type: Resolution
Subject: Approve Annual Budget FY '19 - Miami Sports and Exhibition Authority
Purpose of Item:
It is respectfully recommended that the City Commission discuss and give directives for
the approval of the Miami Sports & Exhibition Authority Operating Budget for Fiscal
Year 2018-2019.
Background of Item:
The Miami Sports & Exhibition Authority (MSEA) was established in 1983, pursuant to
Florida Statute 212.057, as an independent and autonomous agency and instrumentally
of the City of Miami. Currently, MSEA is being managed by Lourdes Blanco. MSEA was
created to promote sports, conventions and exhibitions and to strive to generate
community support to achieve this purpose. It was further given the authority to exercise
any power usually possessed by private corporations performing similar functions that
are not in conflict with the Florida constitution or law. Your discussion and directives for
the MSEA Board to approve the attached budget will enable MSEA to fulfill its mandate.
MSEA Board has not met to discuss and approve this Budget.
Budget Impact Analysis
Item is Related to Revenue
Total Fiscal Impact:
$678,085.00
Not Active Miami Sports and Exhibition Authority
Review Completed
Office of Management and Budget
Office of Management and Budget
City Manager's Office
City Manager's Office
City Manager's Office
Legislative Division
Office of the City Attorney
Office of the City Attorney
City Commission
City Commission
City Commission
City Commission
Reviewed B
08/28/2018 2:52 PM
Miriam Arcia
Christopher M Rose
Carolina Aguila
Sandra Bridgeman
Nikolas Pascual
Maricarmen Lopez
Maricarmen Lopez
Maricarmen Lopez
Nicole Ewan
Nicole Ewan
Joyce Jones
Joyce Jones
Lourdes Blanco
Budget Analyst Review
Budget Review
Assitant City Manager Review
Assistant City Manager Review
City Manager Review
Legislative Division Review
Deputy City Attorney Review
Approved Form and Correctness
Meeting
Meeting
Meeting
Meeting
Department Head
Skipped
Completed
Skipped
Completed
Completed
Skipped
Skipped
Skipped
Completed
Completed
Completed
Completed
09/04/2018 12:25 PM
09/04/2018 5:33 PM
09/04/2018 6:25 PM
09/04/2018 6:29 PM
09/04/2018 8:05 PM
09/13/2018 8:28 PM
09/13/2018 8:28 PM
09/13/2018 8:28 PM
09/13/2018 5:05 PM
09/27/2018 5:05 PM
10/11/2018 9:00 AM
12/13/2018 9:00 AM
City of Miami
Legislation
Resolution
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 4711 Final Action Date:12/13/2018
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE MIAMI SPORTS AND
EXHIBITION AUTHORITY ("MSEA"), ATTACHED AND INCORPORATED, IN THE
AMOUNT OF $678,085.00, TO PROVIDE FOR THE OPERATIONS AND CAPITAL
EXPENDITURES OF MSEA, FOR THE FISCAL YEAR COMMENCING OCTOBER 1st,
2018, AND ENDING SEPTEMBER 30th, 2019.
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE MIAMI SPORTS AND
EXHIBITION AUTHORITY ("MSEA"), ATTACHED AND INCORPORATED, IN THE
AMOUNT OF $678,085.00, TO PROVIDE FOR THE OPERATIONS AND CAPITAL
EXPENDITURES OF MSEA, FOR THE FISCAL YEAR COMMENCING OCTOBER 1st,
2018, AND ENDING SEPTEMBER 30th, 2019.
WHEREAS, the Miami Sports and Exhibition Authority ("MSEA") was established as an
independent and autonomous agency and instrumentality of the City of Miami ("City")
pursuant to City Commission Ordinance No. 9662, adopted July 28, 1983, in connection
with former F.S. Section 212.057 (1983) (now repealed and superseded by F.S.
212.0305 (Convention Development Taxes), to promote sports, conventions and
exhibitions and to strive to generate community support to achieve this purpose; and
WHEREAS, currently MSEA is being managed by Lourdes Blanco; and
WHEREAS, Section 2-1020 of the Code of the City of Miami, Florida, as
amended ("Code"), provides that MSEA shall submit its annual budget for its operations
and capital expenditures to the City Commission for approval; and
WHEREAS, pursuant to Section 2-1017 of the Code, MSEA shall, to the greatest
extent it determines to be feasible, implement the exercise of its powers in a manner
which utilizes and encourages the fullest and most active participation and cooperation
of private enterprise; and
WHEREAS, the budget for Fiscal Year 2018-2019 for MSEA has not been
reviewed and has not been approved by the MSEA Board of Directors; MSEA Board
has not met to discuss and approve this Budget.
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 fully set forth in this Section.
Section 2. The MSEA annual budget, attached and incorporated, in the amount
of $678,085.00, for the operations and capital expenditures of MSEA, for the Fiscal
Year commencing October 1st, 2018, and ending September 30th, 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:
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