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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #12471 Date: 08/19/2022 Commission Meeting Date: 09/10/2022 Requesting Department: Wynwood Business Improvement District Board Sponsored By: District Impacted: All Type: Resolution Subject: Approve Annual Budget FY '23 - Wynwood BID Purpose of Item: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE WYNWOOD BUSINESS IMPROVEMENT DISTRICT ("BID"), ATTACHED AND INCORPORATED AS COMPOSITE EXHIBIT "A", IN THE AMOUNT OF $1,301,000.00 TO PROVIDE FOR THE MANAGEMENT, OPERATION, AND MAINTENANCE OF THE BID FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2022 AND ENDING SEPTEMBER 30, 2023. Background of Item: WHEREAS, the City of Miami ("City") established, approved, and adopted the Wynwood Business Improvement District ("BID") pursuant to Ordinance No. 13404, adopted September 12, 2013, as amended by Ordinance No. 13453, adopted May 8, 2014, Ordinance 13554, adopted September 24, 2015, and Ordinance No. 13835, adopted April 25, 2019; and WHEREAS, pursuant to Chapter 2, Article XI, Division 21 of the Code of the City of Miami, Florida, as amended ("City Code"), the BID was established to stabilize and improve retail and other businesses within Wynwood through promotion, management, marketing, and other similar services including, but not limited to, coordination, funding, implementation, and maintenance of infrastructure improvements, security, sanitation, and other projects. Budget Impact Analysis Item is Related to Revenue Item is an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: $ 1,301,000.00 Reviewed B Wynwood Business Improvement District Board Review Completed 08/22/2022 11:17 AM Office of Management and Budget Calvin Fifer Office of Management and Budget Marie Gouin Manny Gonzalez Department Head Budget Analyst Review Budget Review Completed 08/22/2022 11:41 AM Completed 08/22/2022 2:58 PM City Manager's Office Arthur Noriega V City Manager Review Completed 08/23/2022 9:00 AM Legislative Division Valentin J Alvarez Legislative Division Review Completed 08/25/2022 11:45 AM Office of the City Attorney Xavier Alban ACA Review Completed 08/29/2022 9:05 AM Office of the City Attorney Victoria Mendez Approved Form and Correctness Completed 08/29/2022 10:40 PM City Commission Nicole Ewan Meeting Completed 09/10/2022 10:00 AM Office of the Mayor Mayor's Office Signed by the Mayor Completed 09/12/2022 1:27 PM Office of the City Clerk City Clerk's Office Signed and Attested by the City Clerk Completed 09/12/2022 1:54 PM Office of the City Clerk City Clerk's Office Rendered Completed 09/12/2022 1:54 PM City of Miami Legislation Resolution Enactment Number: R-22-0313 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12471 Final Action Date:9/10/2022 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE WYNWOOD BUSINESS IMPROVEMENT DISTRICT ("BID"), ATTACHED AND INCORPORATED AS COMPOSITE EXHIBIT "A," IN THE AMOUNT OF $1,301,000.00 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 adopted the Wynwood Business Improvement District ("BID") pursuant to Ordinance No. 13404, adopted September 12, 2013, as amended by Ordinance No. 13453, adopted May 8, 2014, Ordinance 13554, adopted September 24, 2015, and Ordinance No. 13835, adopted April 25, 2019; and WHEREAS, pursuant to Chapter 2, Article XI, Division 21 of the Code of the City of Miami, Florida, as amended ("City Code"), the BID was established to stabilize and improve retail and other businesses within Wynwood through promotion, management, marketing, and other similar services including, but not limited to, coordination, funding, implementation, and maintenance of infrastructure improvements, security, sanitation, and other projects; and WHEREAS, Section 2-1323 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 budget for Fiscal Year 2022-2023 in the total amount of $1,301,000.00 on August 30, 2022 as set forth in Exhibit "A," attached and incorporated; and WHEREAS, the BID requests the approval of the budget for the Fiscal Year commencing October 1, 2022, and ending September 30, 2023, in the total amount of $1,301,000.00; 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 Fiscal Year 2022-2023 budget, attached and incorporated as Exhibit "A," in the amount of $1,301,000.00 for the Fiscal Year 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: ndez, City Attor ey 8/2972022 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.