HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #2772
Date: 08/10/2017
Commission Meeting Date: 09/19/2017
Type:
Subject:
Requesting Department: Virginia Key Beach
Park Trust
Sponsored By:
District Impacted: District 2
Resolution
Approve Annual Budget FY '18 - Virginia Key Beach Park Trust
Purpose of Item:
The Board of Trustees of the Virginia Key Beach Park Trust (the Trust) request that the
City Commission approve the attached resolution requesting $1,066,800.00 for FY
2017-2018 budget. This sum consists of the total amount of $25,000 from the Trust's
Cash with Fiscal Agent Funds, $25,000 from the Trust's carryover funds, $716,800 in
anticipated revenues, and $300,000 from the City of Miami's 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 Information:
The Virginia Key Beach Park was created by the City of Miami Commission in 2000 for
the purpose of preserving the Historic Virginia Key Beach Park property as a valuable
resource to be enjoyed and maintain as an open green space, and to honor the rich
historical legacy of the social and civil rights history of South Florida.
Budget Impact Analysis
Item is Related to Revenue
Item is an Expenditure
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
City Manager's Office
Legislative Division
Office of the City Attorney
Office of the City Attorney
Office of the City Attorney
City Commission
City Commission
Office of the Mayor
Reviewed B
Department Head Review
Donovan Dawson
Carolina Aguila
Christopher M Rose
Nzeribe Ihekwaba
Daniel J. Alfonso
Valentin J Alvarez
Xavier Alban
Barnaby L. Min
Victoria Mendez
Nicole Ewan
Nicole Ewan
Mayor's Office
Completed
Budget Analyst Review
Budget Analyst Review
Budget Review
Assistant City Manager Review
City Manager Review
Legislative Division Review
ACA Review
Deputy City Attorney Review
Approved Form and Correctness
Meeting
Meeting
Signed by the Mayor
08/15/2017 4:33 PM
Completed 08/16/2017 11:36 AM
Skipped 08/16/2017 11:42 AM
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
08/16/2017 12:20 PM
08/16/2017 8:31 PM
08/26/2017 10:22 AM
08/28/2017 10:05 AM
08/28/2017 1:23 PM
08/28/2017 2:24 PM
08/31/2017 11:25 AM
09/14/2017 5:05 PM
09/19/2017 5:05 PM
09/20/2017 3:55 PM
Office of the City Clerk City Clerk's Office
Signed and Attested by the City Clerk Completed 09/20/2017 4:05 PM
City of Miami
Legislation
Resolution
Enactment Number: R-17-0433
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 2772 Final Action Date:9/19/2017
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, $25,000.00
FROM TRUST CARRYOVER FUNDS, $25,000.00 FROM TRUST CASH WITH THE
FISCAL AGENT, AND $716,800.00 IN ANTICIPATED REVENUE, FOR A TOTAL
AMOUNT OF $1,066,800.00, TO PROVIDE FOR THE MANAGEMENT, OPERATION,
MAINTENANCE, AND CAPITAL EXPENDITURES FOR THE FISCAL YEAR
COMMENCING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018.
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; 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
property in a manner consistent with the environmental health, public use, historical importance
of the park, 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 2017-2018 on April 3, 2017; and
WHEREAS, the Trust requests the approval of the budget for the Fiscal Year
commencing October 1, 2017 and ending September 30, 2018, in the amount of $300,000.00
from the City's operating funds, $25,000.00 from the Trust's carryover funds, $25,000.00 from
the Trust's cash with the Fiscal Agent, and $716,800.00 in anticipated revenue, for a total
amount of $1,066,800.00;
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 Fiscal Year 2016-2017 budget, in the amount of $300,000.00
from the City's operating funds, $25,000.00 from the Trust's carryover funds, $25,000.00 from
the Trust's cash with the Fiscal Agent, and $716,800.00 in anticipated revenue, for a total
amount of $1,066,800.00, attached and incorporated, for the Fiscal Year commencing October
1, 2016 and ending September 30, 2017, 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 ey 8/31/2017
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.