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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #6303 Date: 08/08/2019 Commission Meeting Date: 09/12/2019 Requesting Department: Midtown Community Redevelopment Agency Sponsored By: District Impacted: All Type: Resolution Subject: Approve Annual Budget FY '20 - Midtown CRA Purpose of Item: A request for the City of Miami Board of Commissioners to approve the attached Resolution approving and adopting the 2020 proposed budget of the CRA for the fiscal year commencing October 1, 2019 ending September 30, 2020. Budget Impact Analysis Item has NOT an Expenditure Item is NOT Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: N/A Reviewed B Midtown Community Redevelopment Agency Review Completed 08/08/2019 11:51 AM Office of Management and Budget Luis Hernandez -Torres Office of Management and Budget Denise Lee Office of Management and Budget Christopher M Rose City Manager's Office Carolina Aguila City Manager's Office Sandra Bridgeman City Manager's Office Nikolas Pascual Legislative Division Valentin J Alvarez Office of the City Attorney Valentin J Alvarez City Commission Maricarmen Lopez Office of the Mayor Mayor's Office Office of the City Clerk City Clerk's Office Legislative Division Valentin J Alvarez Office of the City Attorney Barnaby L. Min Office of the City Attorney Victoria Mendez Office of the City Clerk City Clerk's Office Miguel A Valentin Department Head Budget Analyst Review Budget Analyst Review Budget Review Assistant City Manager Review Assistant City Manager Review City Manager Review Legislative Division Review Deputy City Attorney Review Meeting Signed by the Mayor Completed Skipped Completed Skipped Completed Completed Completed Skipped Completed Completed Signed and Attested by the City Clerk Completed Legislative Division Review Completed Deputy Attorney Review Completed Approved Form and Correctness with Modification(s) Rendered Completed 08/13/2019 3:27 PM 08/13/2019 3:45 PM 08/22/2019 6:26 AM 08/19/2019 10:43 AM 08/22/2019 11:46 PM 08/23/2019 11:43 AM 08/30/2019 12:46 PM 08/30/2019 12:46 PM 09/12/2019 5:05 PM 09/16/2019 4:39 PM 09/16/2019 4:44 PM 09/20/2019 12:40 PM 09/20/2019 1:49 PM Completed 09/23/2019 2:20 PM City of Miami Legislation Resolution Enactment Number: R-19-0364 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 6303 Final Action Date:9/12/2019 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING AND APPROVING THE PROPOSED BUDGET OF THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY, ATTACHED AND INCORPORATED AS COMPOSITE EXHIBIT "A," IN THE AMOUNT OF $8,883,704.00, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2019 AND ENDING SEPTEMBER 30, 2020, AS APPROVED BY THE MIDTOWN CRA'S BOARD OF COMMISSIONERS. WHEREAS, on April 29, 2004, the City Commission adopted Resolution No. 04-0288 authorizing the City of Miami ("City"), Miami -Dade County ("County"), and the Midtown Miami Community Development District ("District") to undertake certain subsequent legal measures in accordance with the Community Redevelopment Act of 1969, as amended, under Chapter 163, Part III, Florida Statutes ("CRA Act") and to enter into an interlocal agreement creating the Midtown Community Redevelopment Agency ("Midtown CRA") within the District under certain conditions to be fulfilled by the District in connection with its intent to issue special assessment bonds for certain capital improvements; and WHEREAS, on March 1, 2005, the Board of County Commissioners of Miami -Dade County ("County Commission") approved Resolution No. 213-05 ("County Authorizing Resolution") adopting a Finding of Necessity and finding that the Midtown Redevelopment Area ("Midtown Area") was qualified under the conditions of the CRA Act for creation of the Midtown CRA and delegated to the City Commission the authority to create the Midtown CRA for the Midtown Area; and WHEREAS, on March 24, 2005, the City Commission adopted Resolution No.05-0194 creating the Midtown CRA and on May 26, 2005, adopted Resolution No. 05-0344 authorizing the City Manager to execute the First Amendment to the Original Interlocal Agreement ("First Amendment") among the City, the County, the District, and the newly created Midtown CRA; and WHEREAS, as of June 30, 2005, the City, the County, the District, and the Midtown CRA entered into the First Amendment; and WHEREAS, subsequently, as of September 23, 2008, the City, the County, the District, and the Midtown CRA entered into a Second Amendment to the Original Interlocal Agreement ("Second Amendment"); and WHEREAS, the Original Interlocal Agreement, as amended by the First Amendment and the Second Amendment (collectively, "Interlocal Agreement"), requires the Midtown CRA to submit its annual budget for approvals by the City Commission and the County Commission; and WHEREAS, on September 12, 2019, the Board of Commissioners of the Midtown CRA approved and adopted the Midtown CRA's Proposed Budget for the fiscal year commencing October 1, 2019 and ending September 30, 2020 in the amount of $8,883,704.00 through Resolution No. MCRA-R-19-0001, attached and incorporated as part of Composite Exhibit "A"; and WHEREAS, the Board of Commissioners of the Midtown CRA requests the City Commission to approve and adopt the Midtown CRA's proposed budget for the fiscal year commencing October 1, 2019 and ending September 30, 2020, attached and incorporated in 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 approved by reference and incorporated as if fully set forth in this Section. Section 2. The proposed budget of the Midtown CRA, attached and incorporated as Composite Exhibit "A," in the amount of $8,883,704.00 for the fiscal year commencing October 1, 2019 and ending September 30, 2020 as approved by the Midtown CRA's Board of Commissioners is accepted and approved. Section 3. This Resolution shall become effective immediately upon its adoption.' APPROVED AS TO FORM AND CORRECTNESS: 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.