HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #17818
Date: 06/24/2025
Commission Meeting Date: 09/13/2025
Requesting Department: Coconut Grove
Business Improvement District Board
Sponsored By: Damian Pardo
District Impacted: District 2
Type: Resolution
Subject: Approve Annual Budget FY '26 - Coconut Grove BID
Purpose of Item:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE COCONUT GROVE
BUSINESS IMPROVEMENT DISTRICT ("BID") IN THE AMOUNT OF $2,653,000.00,
ATTACHED AND INCORPORATED AS COMPOSITE EXHIBIT "A", TO PROVIDE FOR
THE MANAGEMENT, OPERATIONS, MAINTENANCE, AND CAPITAL
IMPROVEMENTS OF THE BID FOR THE FISCAL YEAR COMMENCING OCTOBER
1, 2025 AND ENDING SEPTEMBER 30, 2026.
Background of Item:
See Supplemental Page
Budget Impact Analysis
Item is NOT Related to Revenue
Item has NOT an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
Total Fiscal Impact: $2,653,000.00
Maintenance Cost: $2,653,000.00
Start Up Capital Cost: $0
Reviewed B
Department of Real Estate and Asset Management
Review Completed 06/25/2025 11:07 AM
Office of Management and Budget Calvin Fifer
Office of Management and Budget Marie Gouin
City Manager's Office Larry M. Spring
City Manager's Office Natasha Colebrook -Williams
City Manager's Office Arthur Noriega V
Legislative Division Valentin J Alvarez
Office of the City Attorney Xavier Alban
Office of the City Attorney George K. Wysong III
City Commission Maricarmen Lopez
Office of the Mayor Mayor's Office
Office of the City Clerk City Clerk's Office
Office of the City Clerk City Clerk's Office
Mark Burns
Budget Analyst Review
Budget Review
Assistance City Manager
Deputy City Manager Review
City Manager Review
Legislative Division Review
ACA Review
Approved Form and
Meeting
Department Head
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Correctness Completed
Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
Rendered Completed
06/26/2025 8:50 AM
07/09/2025 12:19 PM
07/14/2025 11:39 AM
07/14/2025 2:35 PM
07/14/2025 8:05 PM
07/16/2025 1:11 PM
08/29/2025 9:37 AM
08/29/2025 11:18 AM
09/13/2025 10:00 AM
09/16/2025 3:51 PM
09/16/2025 4:00 PM
09/16/2025 4:00 PM
City of Miami
Legislation
Resolution
Enactment Number: R-25-0377
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 17818 Final Action Date:9/13/2025
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE COCONUT GROVE
BUSINESS IMPROVEMENT DISTRICT ("BID") IN THE AMOUNT OF TWO MILLION,
SIX HUNDRED FIFTY-THREE THOUSAND AND 00/100 DOLLARS ($2,653,000.00),
ATTACHED AND INCORPORATED AS COMPOSITE EXHIBIT "A," TO PROVIDE FOR
THE MANAGEMENT, OPERATIONS, MAINTENANCE, AND CAPITAL
IMPROVEMENTS OF THE BID FOR THE FISCAL YEAR COMMENCING OCTOBER
1, 2025, AND ENDING SEPTEMBER 30, 2026.
WHEREAS, the City of Miami (" City") established, approved, and created the Coconut
Grove Business Improvement District ("BID") pursuant to Ordinance No. 13059 adopted March
12, 2009, as subsequently amended by Ordinance No. 13171 adopted May 13, 2010,
Ordinance No. 13255 adopted March 10, 2011, as re- established and approved pursuant to
Resolution No. 19- 0024 adopted January 19, 2019 and Ordinance No. 13833 adopted April 25,
2019; and
WHEREAS, the BID was re-established to stabilize and improve retail and other
businesses within Coconut Grove through promotion, management, marketing, and other similar
services including, but not limited to, coordination, funding, implementation, and maintenance of
infrastructure improvements and other projects; and
WHEREAS, Section 2-1257 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 BID Board reviewed and approved the BID's annual budget for Fiscal
Year 2025-2026 on June 4, 2025, in the amount of Two Million, Six Hundred Fifty -Three
Thousand and 00/100 Dollars ($2,653,000.00), attached and incorporated as Exhibit "A;" and
WHEREAS, the BID requests the approval of the budget for the Fiscal Year
commencing October 1, 2025, and ending September 30, 2026, in the amount of Two Million,
Six Hundred Fifty -Three Thousand and 00/100 Dollars ($2,653,000.00), attached and
incorporated as 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
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. The BID' s annual budget in the amount of Two Million, Six Hundred Fifty -
Three Thousand and 00/100 Dollars ($2,653,000.00), attached and incorporated as Exhibit "A,"
for the fiscal year commencing October 1, 2025, and ending September 30, 2026, 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 8/29/2025
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.