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HomeMy WebLinkAboutAgenda Item Cover PageAGENDA ITEM COVER PAGE File ID: #18044 Resolution Sponsored by: Commissioner Christine Kind A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE AMENDED BUDGET OF THE LITTLE HAITI REVITALIZATION TRUST ("LHRT"), ATTACHED AND INCORPORATED AS EXHIBIT "A," IN THE AMOUNT OF SIX MILLION FOUR HUNDRED NINE THOUSAND SIX HUNDRED AND 00/100 DOLLARS ($6,409,600.00) FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025; AUTHORIZING THE LHRT TO ACCEPT TWO (2) FINANCIAL CONTRIBUTIONS IN THE AMOUNT OF TWO THOUSAND FIVE HUNDRED AND 00/100 DOLLARS ($2,500.00) EACH, FOR A TOTAL OF FIVE THOUSAND AND 00/100 DOLLARS ($5,000.00), FROM (I) THE MIAMI FOUNDATION C40 HEAT FUND, IN PARTNERSHIP WITH THE CITY OF MIAMI AND C40 CITIES, TO SUPPORT LHRT'S PARTICIPATION IN THE C40 HEAT SENSORS PROJECT, AND (II) FROM MIAMI- DADE COUNTY, COMMISSIONER KEON HARDEMON'S OFFICE, FOR THE "HAPPY BIRTHDAY LITTLE HAITI, 9TH ANNIVERSARY CELEBRATING LITTLE HAITI" EVENT (COLLECTIVELY THE "CONTRIBUTIONS"); APPROVING ACCEPTANCE OF THE CONTRIBUTIONS PURSUANT TO SECTION 12.5-42(b)(5) OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED ("CITY CODE"); DIRECTING THAT THE FUNDS BE DEPOSITED INTO THE INDEPENDENT CITY BUDGET LINE ITEM FOR LHRT REVENUES AND DISBURSED FOR ELIGIBLE PROJECT -RELATED EXPENSES CONSISTENT WITH THE CITY CODE AND APPLICABLE LAWS; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL RELATED DOCUMENTS, INCLUDING ACKNOWLEDGMENTS, RECEIPTS, AGREEMENTS, AMENDMENTS, AND EXTENSIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, AND TO TAKE SUCH FURTHER ADMINISTRATIVE ACTIONS AS MAY BE NECESSARY TO EFFECTUATE THE PURPOSES OF THIS RESOLUTION, SUBJECT TO ALLOCATIONS, APPROPRIATIONS, AND PRIOR BUDGETARY APPROVAL, AS APPLICABLE; PROVIDING FOR AN EFFECTIVE DATE. City of Miami Legislation Resolution Enactment Number: R-25-0351 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 18044 Final Action Date:9/11/2025 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE AMENDED BUDGET OF THE LITTLE HAITI REVITALIZATION TRUST ("LHRT"), ATTACHED AND INCORPORATED AS EXHIBIT "A," IN THE AMOUNT OF SIX MILLION FOUR HUNDRED NINE THOUSAND SIX HUNDRED AND 00/100 DOLLARS ($6,409,600.00) FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025; AUTHORIZING THE LHRT TO ACCEPT TWO (2) FINANCIAL CONTRIBUTIONS IN THE AMOUNT OF TWO THOUSAND FIVE HUNDRED AND 00/100 DOLLARS ($2,500.00) EACH, FOR A TOTAL OF FIVE THOUSAND AND 00/100 DOLLARS ($5,000.00), FROM (I) THE MIAMI FOUNDATION C40 HEAT FUND, IN PARTNERSHIP WITH THE CITY OF MIAMI AND C40 CITIES, TO SUPPORT LHRT'S PARTICIPATION IN THE C40 HEAT SENSORS PROJECT, AND (II) FROM MIAMI- DADE COUNTY, COMMISSIONER KEON HARDEMON'S OFFICE, FOR THE "HAPPY BIRTHDAY LITTLE HAITI, 9TH ANNIVERSARY CELEBRATING LITTLE HAITI" EVENT (COLLECTIVELY THE "CONTRIBUTIONS"); APPROVING ACCEPTANCE OF THE CONTRIBUTIONS PURSUANT TO SECTION 12.5-42(b)(5) OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED ("CITY CODE"); DIRECTING THAT THE FUNDS BE DEPOSITED INTO THE INDEPENDENT CITY BUDGET LINE ITEM FOR LHRT REVENUES AND DISBURSED FOR ELIGIBLE PROJECT -RELATED EXPENSES CONSISTENT WITH THE CITY CODE AND APPLICABLE LAWS; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL RELATED DOCUMENTS, INCLUDING ACKNOWLEDGMENTS, RECEIPTS, AGREEMENTS, AMENDMENTS, AND EXTENSIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, AND TO TAKE SUCH FURTHER ADMINISTRATIVE ACTIONS AS MAY BE NECESSARY TO EFFECTUATE THE PURPOSES OF THIS RESOLUTION, SUBJECT TO ALLOCATIONS, APPROPRIATIONS, AND PRIOR BUDGETARY APPROVAL, AS APPLICABLE; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Little Haiti Revitalization Trust ("LHRT") was created as a limited agency and instrumentality of the City to promote economic development, business, and commerce within the Little Haiti area and to facilitate the City's revitalization efforts; and WHEREAS, Section 12.5-42 of the Code of the City of Miami, Florida, as amended ("City Code") sets forth the purposes, powers, and duties of LHRT, including the authority to solicit and accept grants in cooperation with the Office of Grants Administration and, further, that any and all other contributions and financial support from individuals, private business interests, the general public, governmental entities, corporations and organizations, foundations, and other philanthropic entities require City Commission approval; and WHEREAS, the LHRT is due to receive two (2) financial contributions of Two Thousand Five Hundred and 00/100 Dollars each, for a total of Five Thousand and 00/100 Dollars, and desires to amend its budget commencing October 1, 2024, and ending September 30, 2025, to reflect the additional revenue as specified in Exhibit "A," attached and incorporated ("Amended FY24-25 Budget"); and WHEREAS, the contributions consist of (i) a grant awarded to LHRT by The Miami Foundation, in partnership with the City of Miami and C40 Cities, through the "C40 Heat Fund" in the amount of Two Thousand Five Hundred Dollars ($2,500.00) to support LHRT's participation in the C40 Heat Sensors Project, with a grant term from June 23, 2025 through December 31, 2025, and (ii) a financial contribution from the Office of Miami -Dade County Commissioner Keon Hardemon in the amount of Two Thousand Five Hundred Dollars ($2,500.00) in support of the "Happy Birthday Little Haiti, 9th Anniversary Celebrating Little Haiti" event (collectively, the "Contributions"); and WHEREAS, pursuant to Section 12.5-42(b)(8) of the City Code and Section 12.5-49 of the City Code, LHRT maintains an independent line item in the City's budget for deposit of revenues generated by LHRT and for disbursement of Trust expenses; and WHEREAS, the City Commission desires to approve and adopt the amended budget of the LHRT for the Fiscal Year commencing October 1, 2024, and ending September 30, 2025, and authorize LHRT to accept the Contributions, direct deposit of the Contributions into the appropriate City budget line item for LHRT revenues, and authorize the negotiation and execution of documents necessary to effectuate acceptance and use of the Contributions in compliance with the City Code and applicable law; 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 LHRT's Amended FY24-25 Budget, in the amount of Six Million Four Hundred Nine Thousand Six Hundred and 00/100 Dollars ($6,409,600.00) attached hereto as Exhibit "A," for the Fiscal Year commencing October 1, 2024, and ending September 30, 2025, is approved and adopted. Section 3. Pursuant to Section 12.5-42(b)(5) of the City Code, the City Commission hereby authorizes and approves the LHRT's acceptance of the Contributions. Section 4. The City Commission directs that, upon receipt, the Contributions shall be deposited into the independent City budget line item established for LHRT revenues and that disbursement shall be made for eligible project -related expenses, in accordance with LHRT's approved budget, the City's procurement and financial policies, and all applicable provisions of the City Code, including the Anti -Deficiency Act and Financial Integrity Principles. Section 5. The City Manager is authorized to negotiate and execute any and all related documents, including acknowledgments, receipts, agreements, amendments, and extensions, all in forms acceptable to the City Attorney, and to take such further administrative actions as may be necessary to effectuate the purposes of this Resolution, subject to allocations, appropriations, and prior budgetary approval, as applicable. 1 The herein authorization is further subject to compliance with all legal requirements that may be imposed, including, but not limited to, those prescribed by applicable City Charter and City Code provisions. Section 6. This Resolution shall become effective upon its adoption and signature by the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: ge Wy ng III, C "y -ttar y 10/2972025 2 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.