HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #12473
Date: 08/24/2022
Commission Meeting Date: 09/10/2022
Type:
Subject:
Requesting Department: Coconut Grove
Business Improvement District Board
Sponsored By:
District Impacted: District 2
Resolution
Approve Annual Budget FY '23 - Coconut Grove Business Improvement District
Purpose of Item:
To approve the operating budget for the Coconut Grove Business Improvement District
for Fiscal Year 2022-2023, in the amount not to exceed $5,219,000.00.
Background of Item:
N/A
Budget Impact Analysis
Item is Related to Revenue
Item is an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
$5,219,000.00
Reviewed B
Coconut Grove Business Improvement District Board
Review Completed 08/26/2022 4:59 PM
Office of Management and Budget Calvin Fifer
Office of Management and Budget Marie Gouin
Legislative Division Valentin J Alvarez
City Manager's Office Arthur Noriega V
Office of the City Attorney Xavier Alban
Office of the City Attorney Victoria Mendez
City Commission Nicole Ewan
Office of the Mayor Mayor's Office
Office of the City Clerk City Clerk's Office
Office of the City Clerk City Clerk's Office
Cynthia Seymour
Department Head
Budget Analyst Review Completed
Budget Review Completed
Legislative Division Review Completed
City Manager Review Completed
ACA Review Completed
Approved Form and Correctness Completed
Meeting Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
Rendered Completed
08/29/2022 11:05 AM
08/29/2022 2:16 PM
08/29/2022 3:17 PM
08/29/2022 5:26 PM
08/29/2022 5:57 PM
08/29/2022 8:10 PM
09/10/2022 10:00 AM
09/12/2022 1:26 PM
09/12/2022 1:55 PM
09/12/2022 1:55 PM
City of Miami
Legislation
Resolution
Enactment Number: R-22-0312
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 12473 Final Action Date:9/10/2022
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 EXHIBIT "A," IN THE AMOUNT OF $5,219,000.00 TO PROVIDE FOR THE
MANAGEMENT, OPERATION, AND MAINTENANCE OF THE BID FOR THE FISCAL
YEAR COMMENCING OCTOBER 1, 2022, AND ENDING SEPTEMBER 30, 2023.
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 BID Board reviewed and approved the BID's annual budget for Fiscal
Year ("FY") 2022-2023 on August 25, 2022, in the amount of $5,219,000.00, as attached and
incorporated as Exhibit "A;" and
WHEREAS, the BID requests the approval of the budget for the FY commencing
October 1, 2022, and ending September 30, 2023, in the amount of $5,219,000.00, attached
and incorporated as 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 $5,219,000.00, attached and
incorporated as Exhibit "A," for the FY commencing October 1, 2022, and ending September 30,
2023, 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: