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HomeMy WebLinkAboutR-25-0213City of Miami Resolution R-25-0213 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 17505 Final Action Date: 6/17/2025 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 "D," IN THE AMOUNT OF ONE MILLION, TWO HUNDRED FORTY-THREE THOUSAND, EIGHT HUNDRED EIGHTY-TWO AND 00/100 DOLLARS ($1,243,882.00) 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; 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 No. 24-0321, adopted September 7, 2024, the City Commission approved the Trust's original annual budget for the fiscal year commencing October 1, 2024 through September 30, 2025 in the amount of Eight Hundred Forty -Three Thousand, Eight Hundred Eighty -Two and 00/100 Dollars ($843,882.00) ("Original Annual Budget"), attached and incorporated as Exhibit "A"; and WHEREAS, pursuant to Resolution No. 25-0106, adopted by the City Commission on March 13, 2025, the Trust received unanticipated revenues from the Mayor's share of the Miami for Everyone ("MFE") Program, in the total amount of One Hundred Fifty Thousand and 00/100 Dollars ($150,000.00), and grant funds from the District 5 Commissioner's share of Anti -Poverty Initiative ("API") Funds, in the amount of Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00) to fund its summer youth employment program, necessitating the amendment of the Trust's original annual budget, attached and incorporated as Exhibit "B"; and WHEREAS, the governing body of the Trust reviewed and approved the Trust's amended budget for Fiscal Year 2024-2025 on April 9, 2025, attached and incorporated as Exhibit "C"; 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. City of Miami Page 1 of 2 File ID: 17505 (Revision:) Printed On: 8/25/2025 File ID: 17505 Enactment Number: R-25-0213 Section 2. The Trust's Fiscal Year 2024-2025 Amended Budget, in the amount of One Million, Two Hundred Forty -Three Thousand, Eight Hundred Eighty -Two and 00/100 Dollars ($1,243,882.00) attached and incorporated as Exhibit "D," 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 j ng III, C y ttor -y 5/13/2025 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. City of Miami Page 2 of 2 File ID: 17505 (Revision:) Printed on: 8/25/2025