HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #7792
Date: 08/20/2020
Commission Meeting Date: 09/10/2020
Requesting Department: Coconut Grove
Business Improvement District Board
Sponsored By:
District Impacted: All
Type: Resolution
Subject: Approve Annual Budget FY '21 - Coconut Grove Business Improvement District
Purpose of Item:
A resolution of the Miami City Commission, with attachments, approving and adopting
the annual budget of the Coconut Grove Business Improvement District (BID) in the
amount of $4,769,426.00 to provide for the operations, maintenance, and capital
improvements of the BID, for the fiscal year commencing October 1, 20120 and ending
September 30, 2021.
Background of Item:
The City of Miami re-established, approved, and created the Coconut Grove Business
Improvement District ("BID") pursuant to Resolution No. 19-0024 adopted on January
10, 2019, and Ordinance No. 13833 adopted April 25, 2019. In Section 2-1257 of the
Code of the City of Miami, Florida, as amended, provides that the BID shall submit its
annual budget for its management, operation, and maintenance to the City Commission
for approval. The budget is hereto attached.
Budget Impact Analysis
Item is Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
$4,769,426.00
Civilian Investigative Panel
Office of Management and Budget
Office of Management and Budget
City Manager's Office
Legislative Division
City Manager's Office
Office of the City Attorney
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Office of the City Clerk
Reviewed B
Abigael Mahony
Everton Garvis
Christopher M Rose
Fernando Casamayor
Valentin J Alvarez
Arthur Noriega V
Barnaby L. Min
Victoria Mendez
Nicole Ewan
Mayor's Office
City Clerk's Office
City Clerk's Office
Department Head Review
Budget Analyst Review
Budget Review
Assistant City Manager Review
Legislative Division Review
City Manager Review
Deputy City Attorney Review
Approved Form and Correctness
Meeting
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Unsigned by the Mayor Completed
Signed and Attested by the City Clerk Completed
Rendered Completed
08/26/2020 12:38 PM
08/28/2020 9:22 AM
08/28/2020 9:23 AM
08/28/2020 9:32 AM
08/28/2020 11:45 AM
08/31/2020 11:46 AM
08/31/2020 2:41 PM
08/31/2020 8:20 PM
09/10/2020 5:05 PM
09/11/2020 7:20 PM
09/11/2020 7:39 PM
09/11/2020 7:40 PM
City of Miami
Legislation
Resolution
Enactment Number: R-20-0284
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 7792 Final Action Date:9/10/2020
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE COCONUT GROVE
BUSINESS IMPROVEMENT DISTRICT ("BID"), ATTACHED AND INCORPORATED
AS COMPOSITE EXHIBIT "A", IN THE AMOUNT OF $4,769,426.00 TO PROVIDE
FOR THE MANAGEMENT, OPERATION, AND MAINTENANCE OF THE BID FOR
THE FISCAL YEAR COMMENCING OCTOBER 1, 2020 AND ENDING SEPTEMBER
30, 2021.
WHEREAS, the City of Miami ("City") established, approved, and created the Coconut
Grove Business Improvement District ("BID") pursuant to Ordinance No. 13059 adopted March
12, 2009, as subsequently amended by Ordinance No. 13171 adopted May 13, 2010,
Ordinance No. 13255 adopted March 10, 2011, as re-established and approved pursuant to
Resolution No. 19-0024 adopted January 19, 2019, and Ordinance No. 13833 adopted April
25, 2019; and
WHEREAS, the BID was re-established to stabilize and improve retail and other
businesses within Coconut Grove through promotion, management, marketing, and other similar
services including, but not limited to, coordination, funding, implementation, and maintenance of
infrastructure improvements and other projects; and
WHEREAS, Section 2-1257 of the Code of the City of Miami, Florida, as amended,
provides that the BID shall submit its annual budget for its management, operation, and
maintenance to the City Commission for approval; and
WHEREAS, the Board of Directors of the BID reviewed and approved the BID's annual
budget for Fiscal Year 2020-2021 on July 30, 2020 in the amount of $4,769,426.00, attached
and incorporated as Composite Exhibit "A"; and
WHEREAS, the BID requests the approval of the budget for Fiscal Year 2020-2021 in
the amount of $4,769,426.00, 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 BID's annual budget in the amount of $4,769,426.00, attached and
incorporated as Composite Exhibit "A", for Fiscal Year 2020-2021 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:
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