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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #18085 Date: 08/29/2025 Commission Meeting Date: 09/13/2025 Requesting Department: Wynwood Business Improvement District Board Sponsored By: District Impacted: District 5 Type: Resolution Subject: Approve Annual Budget FY '26 - Wynwood BID Purpose of Item: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE WYNWOOD BUSINESS IMPROVEMENT DISTRICT ("BID"), ATTACHED AND INCORPORATED AS EXHIBIT "A", IN THE AMOUNT OF $13,388,200.00 TO PROVIDE FOR THE MANAGEMENT, OPERATION, AND MAINTENANCE OF THE BID FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2025, AND ENDING SEPTEMBER 30, 2026. Background of Item: WHEREAS, the City of Miami ("City") established, approved, and adopted the Wynwood Business Improvement District ("BID") pursuant to Ordinance No. 13404, adopted September 12, 2013, as amended by Ordinance No. 13453, adopted May 8, 2014, Ordinance 13554, adopted September 24, 2015, and Ordinance No. 13835, adopted April 25, 2019; and WHEREAS, pursuant to Chapter 2, Article XI, Division 21 of the Code of the City of Miami, Florida, as amended ("City Code"), the BID was established to stabilize and improve retail and other businesses within Wynwood through promotion, management, marketing, and other similar services including, but not limited to, coordination, funding, implementation, and maintenance of infrastructure improvements, security, sanitation, and other projects; and WHEREAS, Section 2-1323 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 Board of Directors of the BID reviewed and approved the BID's budget for the Fiscal Year commencing October 1, 2025, and ending September 30, 2026 in the total amount of $13,388,200.00 on August 21, 2025; 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 total amount of $13,388,200.00 Budget Impact Analysis Item is Related to Revenue Item is an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: Total Fiscal Impact: $ See Exhibit A Maintenance Cost: See Exhibit A Start Up Capital Cost: See Exhibit A Reviewed B Wynwood Business Improvement District Board Review Completed 09/02/2025 11:15 AM Office of Management and Budget Calvin Fifer Office of Management and Budget Marie Gouin City Manager's Office Carolina Aguila 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 Arthur Noriega V Erica T. Paschal Valentin J Alvarez Xavier Alban George K. Wysong III Maricarmen Lopez Mayor's Office City Clerk's Office City Clerk's Office William Kelley Budget Analyst Review Budget Review Deputy City Manager Review City Manager Review Assistance City Manager Legislative Division Review ACA Review Approved Form and Correctness Meeting Department Head Completed Completed Skipped Completed Completed Completed Completed Completed Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 09/02/2025 1:50 PM 09/02/2025 1:52 PM 09/04/2025 7:39 AM 09/04/2025 9:22 AM 09/04/2025 10:08 AM 09/04/2025 11:47 AM 09/05/2025 7:29 AM 09/05/2025 11:04 AM 09/13/2025 10:00 AM 09/16/2025 3:52 PM 09/16/2025 4:01 PM 09/16/2025 4:01 PM City of Miami Legislation Resolution Enactment Number: R-25-0378 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 18085 Final Action Date:9/13/2025 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE WYNWOOD BUSINESS IMPROVEMENT DISTRICT ("BID"), ATTACHED AND INCORPORATED AS EXHIBIT "A," IN THE AMOUNT OF THIRTEEN MILLION, THREE HUNDRED EIGHTY-EIGHT THOUSAND, TWO HUNDRED AND 00/100 DOLLARS ($13,388,200.00) TO PROVIDE FOR THE MANAGEMENT, OPERATION, AND MAINTENANCE 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 adopted the Wynwood Business Improvement District ("BID") pursuant to Ordinance No. 13404, adopted September 12, 2013, as amended by Ordinance No. 13453, adopted May 8, 2014, Ordinance 13554, adopted September 24, 2015, and Ordinance No. 13835, adopted April 25, 2019; and WHEREAS, pursuant to Chapter 2, Article XI, Division 21 of the Code of the City of Miami, Florida, as amended ("City Code"), the BID was established to stabilize and improve retail and other businesses within Wynwood through promotion, management, marketing, and other similar services including, but not limited to, coordination, funding, implementation, and maintenance of infrastructure improvements, security, sanitation, and other projects; and WHEREAS, Section 2-1323 of the City Code provides that the BID shall submit its annual budget for its management, operation, and maintenance to the City Commission for approval; and WHEREAS, the Board of Directors of the BID reviewed and approved the BID's budget for the Fiscal Year commencing October 1, 2025, and ending September 30, 2026, in the total amount of Thirteen Million, Three Hundred Eighty -Eight Thousand, Two Hundred and 00/100 Dollars ($13,388,200.00) on August 21, 2025; 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 total amount of Thirteen Million, Three Hundred Eighty -Eight Thousand, Two Hundred and 00/100 Dollars ($13,388,200.00); 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 Fiscal Year 2025-2026 budget, attached and incorporated as Composite Exhibit "A," in the amount of Thirteen Million, Three Hundred Eighty -Eight Thousand, Two Hundred and 00/100 Dollars ($13,388,200.00) 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 9/5/2025 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.