HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #16576
Date: 08/27/2024
Commission Meeting Date: 09/07/2024
Requesting Department: Wynwood Business
Improvement District Board
Sponsored By:
District Impacted: District 5
Type: Resolution
Subject: Approve Annual Budget FY '25 - 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 EXHIBIT "A", IN
THE AMOUNT OF $8,800,702.00 TO PROVIDE FOR THE MANAGEMENT, OPERATION,
AND MAINTENANCE OF THE BID FOR THE FISCAL YEAR COMMENCING OCTOBER 1,
2024, AND ENDING SEPTEMBER 30, 2025.
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; 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 the
Fiscal Year commencing October 1, 2024, and ending September 30, 2025 in the total
amount of $8,800,702.00 on August 26, 2024; and
WHEREAS, the BID requests the approval of the budget for the Fiscal Year commencing
October 1, 2024, and ending September 30, 2025, in the total amount of $8,800,702.00:
Budget Impact Analysis
Item is Related to Revenue
Item is an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
Total Fiscal Impact: $ See Exhibit A
Start Up Capital Cost: See Exhibit A
Maintenance Cost: See Exhibit A
Reviewed B
Wynwood Business Improvement District Board
Review Completed 08/27/2024 2:25 PM
Office of Management and Budget
Office of Management and Budget
City Manager's Office
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
Calvin Fifer
Marie Gouin
Larry M. Spring
Arthur Noriega V
Valentin J Alvarez
Xavier Alban
George K. Wysong III
Maricarmen Lopez
Mayor's Office
City Clerk's Office
City Clerk's Office
Manny Gonzalez
Budget Analyst Review
Budget Review
Assistance City Manager
City Manager Review
Legislative Division Review
ACA Review
Approved Form and Correctness
Meeting
Department Head
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
Rendered Completed
08/28/2024 8:26 AM
08/28/2024 2:31 PM
08/28/2024 2:42 PM
08/28/2024 3:23 PM
08/28/2024 4:38 PM
08/28/2024 4:56 PM
08/28/2024 4:59 PM
09/07/2024 10:00 AM
09/12/2024 2:53 PM
09/12/2024 3:33 PM
09/12/2024 3:33 PM
City of Miami
Legislation
Resolution
Enactment Number: R-24-0317
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 16576 Final Action Date:9/7/2024
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 EXHIBIT "A," IN THE AMOUNT OF $8,800,702.00 TO PROVIDE FOR THE
MANAGEMENT, OPERATION, AND MAINTENANCE OF THE BID FOR THE FISCAL
YEAR COMMENCING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025.
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 City Code 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 the Fiscal Year commencing October 1, 2024, and ending September 30, 2025 in the total
amount of $8,800,702.00 on August 26, 2024; and
WHEREAS, the BID requests the approval of the budget for the Fiscal Year
commencing October 1, 2024, and ending September 30, 2025, in the total amount of
$8,800,702.00;
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 2024-2025 budget, attached and incorporated as
Exhibit "A," in the amount of $8,800,702.00 for the Fiscal Year commencing October 1, 2024,
and ending September 30, 2025, 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:
ge Wy ng III, C y ttor y 8/28/2024
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.