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HomeMy WebLinkAboutR-19-0362City of Miami Resolution R-19-0362 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 6328 Final Action Date: 9/12/2019 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE LIBERTY CITY COMMUNITY REVITALIZATION TRUST, ATTACHED AND INCORPORATED IN COMPOSITE EXHIBIT A, IN THE AMOUNT OF $785,525.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2019, AND ENDING SEPTEMBER 30, 2020. WHEREAS, the City of Miami ("City") created and established the Liberty City Community Revitalization Trust ("Trust") pursuant to Ordinance No. 12859 adopted October 12, 2006, as subsequently amended; and WHEREAS, the Trust is responsible for the oversight and facilitation of the City's revitalization and redevelopment activities in the Liberty City area as well as the District 5 neighborhoods owner -occupied affordable housing improvements grant program for low income homeowners; and WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as amended, provides that the Trust shall submit a budget to the City Commission for approval in a form acceptable to the City Manager; and WHEREAS, the governing body of the Trust reviewed and approved the Trust's budget for Fiscal Year 2019-2020 on August 28, 2019 as set forth in its Resolution, attached and incorporated as part of Composite Exhibit "A" ("Fiscal Year 2019-2020 Trust Budget"); and WHEREAS, the Fiscal Year 2019-2020 Trust Budget reflects additional funding to expand the Trust's community outreach boundaries as codified by Ordinance No. 13859 adopted on September 12, 2019 in order to set up a new specific community affordable housing grant program; and WHEREAS, the Trust requests the approval of the Fiscal Year 2019-2020 Trust Budget commencing October 1, 2019 and ending September 30, 2020 in the total amount of $785,525.00, 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 incorporated as if fully set forth in this Section. Section 2. The Fiscal Year 2019-2020 Trust Budget in the amount of $785,525.00, attached and incorporated as Composite Exhibit "A," commencing October 1, 2019 and ending September 30, 2020 is approved and adopted. City of Miami Page 1 of 2 File ID: 6328 (Revision: A) Printed On: 4/24/2025 File ID: 6328 Enactment Number: R-19-0362 Section 3. This Resolution shall be effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: ndez, ity ttor ey ) 7/1/2020 1 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. City of Miami Page 2 of 2 File ID: 6328 (Revision: A) Printed on: 4/24/2025