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HomeMy WebLinkAboutExhibit ACity of Miami Legislation Resolution Enactment Number: R-24-0321 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16521 Final Action Date:9/7/2024 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE LIBERTY CITY COMMUNITY REVITALIZATION TRUST AND THE FISCAL YEAR 2024-2025 MASTERPLAN, ATTACHED AND INCORPORATED AS COMPOSITE EXHIBIT "A", IN THE AMOUNT OF $843,882.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025. 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, as subsequently amended; and WHEREAS, the Trust is responsible for the oversight and facilitation of the City's revitalization and redevelopment activities in the Liberty City area as well as for the District 5 neighborhoods owner -occupied affordable housing improvements grant program for low income homeowners; and WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as amended, 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 Trust Resolution No. 24-005, the governing body of the Trust reviewed and approved the Trust's Master Plan and budget in the amount of $843,882.00 for Fiscal Year ("FY") 2024-2025 on June 27, 2024; and WHEREAS, the Trust requests the approval of the Fiscal Year 2024-2025 Trust Budget and Master Plan commencing October 1, 2024, and ending September 30, 2025, in the total amount of $843,882.00, attached and incorporated as Composite 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 incorporated as if fully set forth in this Section. Section 2. The FY 2024-2025 Trust Master Plan and Budget in the amount of $843,882.00, attached and incorporated as Composite Exhibit "A", commencing October 1, 2024, and ending September 30, 2025, is approved and adopted. Section 3. This Resolution shall be effective immediately upon its adoption and signature of the Mayor) 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. EXHIBIT A APPROVED AS TO FORM AND CORRECTNESS: Liberty City Trust FY25 Annual Budget � General Fund Fund Balance C/O .. U[-S\Re8l-�8m]O8 Parrot Jungle (2025) Revenue Grand Total -- $ 50,00 291,882 17,000 35,000 Regular Salary and Wages ` Other Salaries Fringe Benefits FICATaxes ^ -- Life and Health Insurance ` Workers' Compensation Unemployment Insurance - General Liability ------------- Professional Services Accounting and Auditing Other CnDtactual Services Other Contractual Services -Grants ~..'-.^'_'__~.~~�^_,�~��_-~^~��. T�v��ndP�0e0 Communications and Services- Postage Rentals and Leases Printing and Binding OUtsource Promotion Expense Advertising and Related Costs Other Current _Charges &Obligation Office Supplies Operating Supplies Motor Fuel ^ _ . $ � 12,000 ___^ .-- -- .- ---- � 9O'UO8 ° - $ 35,000 400 3,000 UnUorms/CLothing ` $ Landscape Related Supplies Subscriptions, MeR8}e0hips,and UC8USR� $ 750 .Ui.�8D -V'- - � - Furniture ' Improvement othe[th8DbV)Nkng ALL otherExpenditure' Budget Reserve Expenditure Grand Total 843'882