HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #16547
Date: 08/20/2024
Commission Meeting Date: 09/07/2024
Requesting Department: Little Haiti
Revitalization Trust
Sponsored By: Christine King
District Impacted: District 5
Type: Resolution
Subject: Approve Annual Budget FY '25 - Little Haiti Revitalization Trust
Purpose of Item:
RESOLUTION TO APPROVE THE LITTLE HAITI REVITALIZATION TRUST'S
ANNUAL BUDGET FOR FY2024-2025 IN THE AMOUNT OF $6,404,600.00.
Background of Item:
Approval of Annual Budget FY 2024-25 for Little Haiti Revitalization Trust, a limited
agency and instrumentality of the City of Miami.
Budget Impact Analysis
Item is Related to Revenue
Item is an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
Special Revenue Account No: 10491.900000.439000.0000.00000
Little Haiti Revitalization Trust
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
Reviewed B
Joann Milord
Jacques Joseph
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
Department Head Review
Budget Analyst Review
Budget Review
Assistant City Manager Review
City Manager Review
Legislative Division Review
ACA Review
Approved Form and Correctness
Meeting
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
Rendered Completed
08/20/2024 4:33 PM
08/23/2024 2:30 PM
08/23/2024 5:51 PM
08/28/2024 2:42 PM
08/28/2024 3:26 PM
08/28/2024 5:00 PM
08/28/2024 5:38 PM
08/28/2024 9:00 PM
09/07/2024 10:00 AM
09/12/2024 2:56 PM
09/12/2024 3:38 PM
09/12/2024 3:38 PM
City of Miami
Legislation
Resolution
Enactment Number: R-24-0324
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 16547 Final Action Date:9/7/2024
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE LITTLE HAITI
REVITALIZATION TRUST ("TRUST"), ATTACHED AND INCORPORATED AS
EXHIBIT "A", IN THE TOTAL AMOUNT OF $6,404,600.00 FOR THE FISCAL YEAR
COMMENCING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025; FURTHER
APPROVING AND ADOPTING THE TRUST'S ANNUAL MASTER PLAN, ATTACHED
AND INCORPORATED AS EXHIBIT "B"; PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City of Miami ("City") created and established the Little Haiti
Revitalization Trust ("Trust") pursuant to Ordinance No. 13834, adopted April 25, 2019; and
WHEREAS, the Trust is responsible for the oversight and facilitation of the City's
revitalization and redevelopment activities in the Little Haiti area ("Area"); promoting economic
development, business, and commerce in the Area; developing and executing a plan to create
jobs, attract industry and facilitate the production of goods and services in the Area for residents
and non-residents; and facilitating the development of affordable housing, engaging in
homebuyer assistance programs, and marketing the Area to encourage former residents and
others to locate to the Area; and
WHEREAS, Section 12.5-49 of the Code of the City of Miami, Florida, as amended,
provides that the Trust shall submit an annual budget ("Budget") and an annual master plan
("Plan") to the City Commission for approval; and
WHEREAS, at its July 9, 2024, meeting, the Trust adopted Resolution No. 2024-009
approving and adopting the Trust's General Operating Budget in the amount of $6,404,600.00
for the fiscal year commencing October 1, 2024 and ending September 30, 2025, as attached
thereto; and
WHEREAS, the Trust requests the approval of the Trust's Budget in the total amount of
$6,404,600.00 for the Fiscal Year commencing October 1, 2024, and ending September 30,
2025, attached and incorporated as Exhibit "A," and the Plan, attached and incorporated as
Exhibit "B";
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
incorporated as if fully set forth in this Section.
Section 2. The Trust's Budget in the total amount of $6,404,600.00 for the Fiscal Year
commencing October 1, 2024, and ending September 30, 2025, attached and incorporated as
Exhibit "A," and the Plan, attached and incorporated as Exhibit "B," are approved and adopted.
Section 3. This Resolution shall be effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
ge Wy y ng III, C y tor -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.