HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #14466
Date: 08/15/2023
Commission Meeting Date: 09/14/2023
Requesting Department: Liberty City
Community Revitalization Trust
Sponsored By:
District Impacted:
Type: Resolution
Subject: Approve Supplemental Budget - Liberty City Revitalization Trust
Purpose of Item:
To approve and adopt the amended budget of the Liberty City Community Revitalization
Trust ("Liberty City Trust") in the amount of One Million Ninety Thousand Seven
Hundred Seven and 00/100 Dollars ($1,090,707.00) for fiscal year commencing October
1, 2022 and ending September 30, 2023.
Background of Item:
According to Section 5.5-36 of the Code of the City of Miami, the Liberty City Trust shall
submit a budget to the City Commission for approval. However, the Liberty City Trust
received unanticipated revenue which necessitates the amendment of its original annual
budget for FY22-23.
Budget Impact Analysis
Item is Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
N/A
Reviewed B
Liberty City Community Revitalization Trust
Review Completed 08/21/2023 1:46 PM
Office of Management and Budget Jacques Joseph
Office of Management and Budget Marie Gouin
City Manager's Office
Legislative Division
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
Arthur Noriega V
Valentin J Alvarez
Xavier Alban
Victoria Mendez
Maricarmen Lopez
Mayor's Office
City Clerk's Office
City Clerk's Office
Elaine Black
Department Head
Budget Analyst Review Completed
Budget Review Completed
City Manager Review Completed
Legislative Division Review Completed
ACA Review Completed
Approved Form and Correctness Completed
Meeting Completed
Unsigned by the Mayor Completed
Signed and Attested by the City Clerk Completed
Rendered Completed
08/21/2023 10:28 PM
08/22/2023 9:40 AM
08/22/2023 11:23 AM
08/22/2023 11:39 AM
09/05/2023 10:00 AM
09/05/2023 3:23 PM
09/14/2023 9:00 AM
09/22/2023 3:53 PM
09/22/2023 4:09 PM
09/25/2023 11:01 AM
City of Miami
Legislation
Resolution
Enactment Number: R-23-0404
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 14466 Final Action Date:9/14/2023
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE AMENDED BUDGET OF THE LIBERTY CITY
COMMUNITY REVITALIZATION TRUST, ATTACHED AND INCORPORATED AS
EXHIBIT "E," IN THE AMOUNT OF ONE MILLION, NINETY THOUSAND, SEVEN
HUNDRED SEVEN AND 00/100 DOLLARS ($1,090,707.00) FOR THE FISCAL YEAR
COMMENCING OCTOBER 1, 2022, AND ENDING SEPTEMBER 30, 2023.
WHEREAS, the City of Miami ("City") created and established the Liberty City
Community Revitalization Trust ("Trust") pursuant to Ordinance No. 12859, adopted October 12,
2006; and
WHEREAS, the Trust is responsible for the oversight and facilitation of the City's
revitalization and redevelopment activities in the Liberty City area; and
WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as amended ("City
Code"), provides that the Trust shall submit a budget to the City Commission for approval, in a
form acceptable to the City Manager; and
WHEREAS, pursuant to Resolution 22-0318, adopted September 10, 2022, the City
Commission approved the Trust's original annual budget for the fiscal year commencing
October 1, 2022 through September 30, 2023 in the amount of $630,707.00 ("Original Annual
Budget," attached and incorporated as Exhibit "A"; and
WHEREAS, pursuant to Resolution No. 23-0232, adopted by the City Commission on
May 11, 2023, attached and incorporated as Exhibit "B," the Trust received unanticipated
revenues from the District 5 share of the Miami for Everyone ("MFE") Program, in the total
amount of Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00), and grant funds
from the Mayor's Discretionary Account in the amount of Fifty Thousand and 00/100 Dollars
($50,000.00), grant funds from the Venture Miami Account in the amount of Fifty Thousand and
00/100 Dollars ($50,000.00), and funds in the amount of Fifty Thousand and 00/100 Dollars
($50,000.00) from the Non Departmental Account to fund its summer youth employment
program, necessitating the amendment of the Trust's original annual budget; and
WHEREAS, pursuant to Resolution No. CRA-R-23-0022, adopted by the Southeast
Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") on May 25, 2023,
attached and incorporated as Exhibit "C," the Trust received unanticipated revenue from
SEOPW CRA in the total amount of Sixty Thousand and 00/100 Dollars ($60,000.00), to fund its
Summer Youth Program, necessitating the amendment of the Trust's original annual budget;
and
WHEREAS, the governing body of the Trust reviewed and approved the Trust's
amended budget for Fiscal Year 2022-2023 on July 8, 2023 pursuant to Trust Resolution No.
23-006, attached and incorporated as Exhibit "D";
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 Trust's Fiscal Year 2022-2023 Amended Budget, in the amount of One
Million, Ninety Thousand, Seven Hundred Seven and 00/100 Dollars ($1,090,707.00), attached
and incorporated as Exhibit "E," 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 9/5/2023
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.