HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #6316
Date: 08/08/2019
Commission Meeting Date: 09/12/2019
Requesting Department: Downtown
Development Authority
Sponsored By:
District Impacted:
Type: Resolution
Subject: Approve Annual Budget FY '20 - Downtown Development Authority
Purpose of Item:
The Miami Downtown Development Authority of the City of Miami ("Miami DDA")
requests that the City Commission adopt the attached Appropriations Resolution for the
fiscal year beginning on October 1, 2019 and ending September 30, 2020.
Background of Item:
Chapter 14 of the City of Miami Code authorizes the City Commission to levy an
additional ad valorem tax on all real and personal property within the Miami DDA for the
purpose of financing the operations of the Miami DDA.
The Miami DDA budget for FY2018-2019 was based on ad valorem revenues of
$9,120,000. The proposed Miami DDA budget for FY 2019-2020 is based on the
estimated ad valorem of $9,920,000. This represents an increase in ad valorem of
$800,000.
Attached for City Commission approval is Appropriations Resolution for the Miami DDA
for fiscal year beginning October 1, 2019 and ending September 30, 2020.
Budget Impact Analysis
Total Fiscal Impact:
N/A
Downtown Development Authority
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
City Commission
Office of the Mayor
Office of the City Clerk
Reviewed B
Alyce Robertson
Jacques Joseph
Denise Lee
Christopher M Rose
Fernando Casamayor
Ignacio Ortiz -Petit
Valentin J Alvarez
Barnaby L. Min
Victoria Mendez
Maricarmen Lopez
Mayor's Office
City Clerk's Office
Department Head Review
Budget Analyst Review
Budget Analyst Review
Budget Review
Assistant City Manager Review
City Manager Review
Legislative Division Review
Deputy City Attorney Review
Approved Form and Correctness
Meeting
Completed
Completed
Skipped
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
08/08/2019 5:27 PM
08/13/2019 3:54 PM
08/09/2019 11:06 AM
08/28/2019 5:21 AM
08/28/2019 3:09 PM
08/29/2019 1:38 PM
08/29/2019 3:41 PM
08/29/2019 3:50 PM
08/30/2019 3:58 PM
09/12/2019 5:05 PM
09/16/2019 2:12 PM
09/16/2019 2:15 PM
Legislative Division Valentin J Alvarez Legislative Division Review Completed 09/20/2019 3:56 PM
Office of the City Attorney Barnaby L. Min Deputy Attorney Review Completed 09/21/2019 7:31 AM
Office of the City Attorney Victoria Mendez Approved Form and Correctness with Modification(s) Completed
Office of the City Clerk City Clerk's Office Rendered Completed 09/24/2019 6:47 AM
City of Miami
Legislation
Resolution
Enactment Number: R-19-0354
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 6316 Final Action Date:9/12/2019
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE TENTATIVE ANNUAL BUDGET OF THE
DOWNTOWN DEVELOPMENT AUTHORITY ("MIAMI DDA") OF THE CITY OF
MIAMI, FLORIDA ("CITY"), ATTACHED AND INCORPORATED AS
COMPOSITE EXHIBIT "A", IN THE TOTAL AMOUNT OF $12,698,087.00, AND
MAKING APPROPRIATIONS FROM THE DOWNTOWN DEVELOPMENT
DISTRICT AD VALOREM TAX LEVY AND OTHER MISCELLANEOUS INCOME
FOR THE MIAMI DDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
2019 AND ENDING SEPTEMBER 30, 2020; AUTHORIZING THE MIAMI DDA
TO MAKE TRANSFERS BETWEEN ACCOUNTS FOR NECESSARY AND
PROPER PURPOSES; AUTHORIZING THE MIAMI DDA TO INVITE AND
ADVERTISE REQUIRED BIDS; PROVIDING THAT THIS RESOLUTION BE
DEEMED SUPPLEMENTAL AND IN ADDITION TO THE RESOLUTION
MAKING APPROPRIATIONS FOR THE FISCAL YEAR BEGINNING OCTOBER
1, 2019, AND ENDING SEPTEMBER 30, 2020, FOR THE OPERATIONS OF
THE CITY.
WHEREAS, Section 14-59 of the Code of the City of Miami, Florida, as amended ("City
Code"), provides that the Downtown Development Authority of the City of Miami, Florida ("Miami
DDA") shall submit its annual budget for its operations to the City Commission for approval; and
WHEREAS, the Board of Directors of the Miami DDA approved and adopted the Miami
DDA's preliminary budget for Fiscal Year 2019-2020 on July 19, 2019 pursuant to Miami DDA
Resolution No. 017/2019 in the total amount of $12,698,087.00, attached and incorporated as
Composite Exhibit "A"; and
WHEREAS, the Miami DDA requests the approval of the tentative annual budget for the
Fiscal Year commencing October 1, 2019 and ending September 30, 2020 ("Fiscal Year") in the
total amount of $12,698,087.00, attached and incorporated as Composite Exhibit "A";
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 Miami DDA's tentative annual budget, attached and incorporated as
Composite Exhibit "A", in the total amount of $12,698,087.00 for the operation of the Miami DDA
for the Fiscal Year is approved and adopted and appropriations are made from the Downtown
Development District ad valorem tax levy and other miscellaneous income for the Miami DDA.
Section 3. The abovementioned operating expenditures are merely anticipatory and the
Board of Directors of the Miami DDA is hereby authorized to withhold any of these appropriated
funds from encumbrance or expenditure should such action appear advantageous to the
economic and efficient operation of the Miami DDA.
Section 4. The Miami DDA is authorized' to make transfers between the detailed
accounts comprising any of the amounts appropriated in Section 2 above so that any available
and required balance in such accounts may be used for other necessary and proper purposes.
Section 5. Subject to Chapter 18 of the City Code, the Miami DDA is further authorized'
to solicit bids for the purposes of procuring any materials, supplies, equipment, and services
embraced in the amounts appropriated in Section 2 above for which formal bidding is required
with such bids being returnable as required by law.
Section 6. This Resolution shall be deemed supplemental and in addition to the
Resolution making appropriations for the operations of the City of Miami for the Fiscal Year.
Section 7. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
ndez, ity Attor
ey 8/30/2019
1 The herein authorization is further subject to compliance with all requirements that may be imposed by
the City Attorney, including but not limited to, those prescribed by applicable City Charter and City Code
provisions.
2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (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 City Commission.