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HomeMy WebLinkAboutComposite Exhibit DRESOLUTION NO. 19-003 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE LIBERTY CITY COMMUNITY REVITALIZATION TRUST ("LIBERTY CITY TRUST") APPROVING AND ADOPTING THE AMENDED BUDGET OF THE LIBERTY CITY COMMUNITY REVITALIZATION TRUST ("TRUST''), ONE MILLION ONE HUNDRED THIRTY-TWO THOUSAND ONE HUNDRED TWENTY-ONE AND 00/100 DOLLARS ($1,132,121.00) FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2018 AND ENDING SEPTEMBER 30, 2019. DAV E MAQ IKP, HAI R Approved by the Board of Directors of the Liberty City Community Revitalization Trust at its meeting of May 8, 2019. ELAINE H. BLACK PRESIDENT/CEO STATE OF FLORIDA COUNTY OF MIAMI-DADE Subscribed and sworn to before me by ELAINE H. BLACK, President/Chief Executive Officer, as the official recordkeeper for the Liberty City Trust, who is personally known to me or who produced identification, on the � day of My Commission expires: _111 P'••. IRIS HUDSON :,5•• *: •7r .*= MYCOMMISSION #FF902735 sti r EXPIRES: July 22, 2019 '•' e f W Bonded Thru Notary Public Underwriters , 2019. No ary Public, State of Florida £Y/1/8/T v„ as Libertly City Trust Supplemental Budget FY19 Regular Salary and Wages $ 480,000 FICA Taxes $ 36,720 Unemployment $ 4,000 Professional Services $ 21,250 Accounting and Auditing $ 8,000 Other Contractual Services $ 39,250 Travel and Per Diem $ 3,000 Postage $ 350 Rentals and Leases $ 1,500 Insurance - General Liability $ 3,600 Printing and Binding $ 500 Advertising and Related Costs $ 2,500 Other Current Charges and Obligation $ 12,000 Office Supplies $ 3,000 Operating Supplies $ 5,951 Clothing and Uniform $ 10,000 Subscriptions, Memberships, and Licenses $ 500 Budget Reserve $ 500,000 $ 1,132,121 EXHIBIT "D" Printed: 6/27/2019 11:34 P Liberty City Community Revitalization Trust City of Miami Budget Template FY2018-2019 Budget Amended FY2018-2019 Budget Revenues General Fund $ 199,000 $ 199,000 Fund Balance Carryover Neighborhood Improvement Grant/Rollover Off -Street Parking $ 15,000 $ 15,000 Orange Bowl Committee Donation Other Income/Rental Skyrise Rollover Anti -Poverty Contribution (SYEP 2016) Anti -Poverty Contribution (SYEP 2017) Anti -Poverty Contribution (SYEP2018) $ 218,121 $ 218,121 Anti -Poverty Contribution SYEP Rollover Anti -Poverty Contribution SYEP (2019) $ 200,000 Orange Bowl Committee Donation Rollover Wynwood Funding $ 500,000 MLK Mural Rollover Revenue Grand Total $ 432,121 $ 1,132,121 Expenditures Regular Salary and Wages (512000) $ 362,514.00 $ 480,000 Fringe Benefits FICA Taxes (521000) $ 27,732 $ 36,721 Retirement Contributions Life and Health Insurance Workers' Compensation (525000) $ 2,000 $ 4,000 Professional Services - Legal Professional Services (531000) $ 15,000 $ 21,250 Accounting and Auditing (532000) $ 7,500 $ 8,000 Other Contractual Services (534000) $ 3,000 $ 39,200 Travel and Per Diem (540000) $ 3,000 $ 3,000 M Communications and Related Services Page 1 of 2 Liberty City Community Revitalization Trust City of Miami Budget Template FY2018-2019 Budget Amended FY2018-2019 Budget Postage (541100) $ 350 $ 350 Utility Rentals and Leases (544000) $ 1,200 $ 1,500 Repair and Maintenance Services Printing and Binding (547000) $ 500 $ 2,500 Advertising and Related Costs (548100) $ 1,000 $ 500 Other Current Charges and Obli (549000) $ 12,000 Office Supplies (551000) $ 1,500 $ 3,000 Insurance - General Liability (545013) $ 3,600 $ 3,600 Operating Supplies (552000) $ 3,025 $ 6,000 Clothing Uniform (552200 $ 10,000 Motor Fuel Public Safety Supplies Subscriptions, Memberships, and Licenses (554000) $ 200 $ 500 Interfund Transfer Capital Projects and Purchases All Other Expenditures Budget Reserve $ 500,000 Expenditure Grand Total $ 432,121 $ 1,132,121 Printed: 6/27/2019 11:34 PM Page 2 of 2 LIBERTY CITY COMMUNITY REVITALIZATION TRUST BOARD OF DIRECTORS MEETING MINUTES Wednesday, May 8, 2019 at 6:00 PM Hadley Park 1350 NW 50th Street — Miami, Florida 33127 Trust Members Present: Davie Madison Tyrone Coverson Keon Lewis Monique Messer Staff Members Present: Elaine Black, President CEO Iris Hudson, Finance Manager Jihan Soliman, Asst. City Attorney ************************************************************************ Welcome — President Elaine Black II. Invocation — The meeting began at 6:16pm. Board Member Tyrone Coverson gave the invocation. III. Role Call — Elaine Black, Davie Madison, Tyrone L. Coverson, Keon Lewis, Monique Messer. IV. Approval of Minutes for February 20, 2019 — Motion was made by Board Member Coverson to approve the minutes. Board Member Lewis seconded the motion and the Minutes were approved. V Approval of 2019 Anti -Poverty Funds - Discussion ensued regarding amending the 2018-2019 budget to include the 2019 Anti -Poverty Funds. District V Commissioner Hardemon has once again allocated $200,000 to fund the Youth Employment Program for 2019. Motion was made by Board Member Coverson to accept the $200,000. Board Member Lewis seconded the motion and it was passed. VI. Approval of Wynwood Resilience Housing Funds — President Black gave an overview on the funding received from Westdale Wynwood LP. The Liberty City Trust, as a community revitalization agency in District 5 was designated to receive $1,000,000 for neighborhood improvements and affordable housing initiatives of which the Trust has received a check in the amount of $500,000 and will receive the remaining contribution upon issuance of a building permit and certificate of occupancy. Discussion ensued to amend the 2018-2019 budget to include the contribution received from Westdale. A motion was made by Board Member Coverson to approve and accept the funding. Board Member Lewis seconded the motion and it was passed. VII. President's Report — President Black presented to the Board a report on the activities and undertakings of the Trust. The Trust continues to work with Communities United in assisting with the Florida Rebuild project for residents that sustained housing damage due to Hurricane Irma. The Trust continues to partner with other neighboring entities to assist the residents with housing issues. 1 President Black gave an overview on the 2018 Youth Employment Program and the excitement to continue the program for 2019. Open Discussions: Representative Roy Hardemon voiced his concern on several issues, i.e. housing development, holding elected officials accountable concerning the community needs. Discussion continued. The meeting was adjourned at 7:24 PM. Chairman Date 2