HomeMy WebLinkAboutR-20-0284City of Miami
Resolution R-20-0284
Legislation
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
City of Miami Page 1 of 2 File ID: 7792 (Revision:) Printed On: 5/6/2025
File ID: 7792
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
ndez, City Httor
Enactment Number: R-20-0284
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: 7792 (Revision:) Printed on: 5/6/2025