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HomeMy WebLinkAboutLegislation-SUBTHIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. City of Miami Resolution Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 17968 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE AMENDED ANNUAL BUDGET AND MASTERPLAN OF THE BAYFRONT PARK MANAGEMENT TRUST, IN THE TOTAL AMOUNT OF THIRTY-ONE MILLION, FORTY-ONE THOUSAND, SEVEN HUNDRED FIFTY-TWO AND 00/100 DOLLARS ($31,041,752.00), ATTACHED AND INCORPORATED AS EXHIBIT "A," TO PROVIDE FOR THE MANAGEMENT, OPERATIONS, MAINTENANCE, AND CAPITAL IMPROVEMENTS OF THE MILDRED AND CLAUDE PEPPER BAYFRONT PARK AND MAURICE A. FERRE PARK FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2025, AND ENDING SEPTEMBER 30, 2026. SPONSOR(S): Commissioner Miguel Angel Gabela WHEREAS, the Bayfront Park Management Trust ("Trust") is a limited agency and instrumentality of the City of Miami ("City") created pursuant to Ordinance No. 10348 adopted November 19, 1987, as subsequently amended from time to time; and WHEREAS, the Trust is responsible for directing, operating, managing, and maintaining all aspects of Mildred and Claude Pepper Bayfront Park and Maurice A. Ferre Park (collectively, "Parks"); and WHEREAS, Section 38-109 of the Code of the City of Miami, Florida, as amended, provides that the Trust shall submit its annual budget for the management, operation, maintenance, and capital expenditures of the Parks to the City Commission for approval; and WHEREAS, the governing body of the Trust reviewed and approved the Trust's annual budget for Fiscal Year 2025-2026 in the total amount of Thirty Million, Six Hundred Twenty - Three Thousand, Seven Hundred Fifty -Two and 00/100 Dollars ($30,623,752.00), on July 30, 2025 pursuant to Trust Resolution No. 25-55, for the management, operation, maintenance, and capital expenditures for the Parks; and WHEREAS, the Trust requests the approval by the City Commission of the amended Budget, attached and incorporated as Exhibit "A," for Fiscal Year 2025-2026 in the total amount of Thirty -One Million, Forty -One Thousand, Seven Hundred Fifty -Two and 00/100 Dollars ($31,041,752.00); and WHEREAS, on July 10, 2025, the City Commission adopted Ordinance No. 14382 abolishing the Bayfront Park Management Trust effective January 1, 2026, and at such time the powers and duties of the Trust shall revert to the City and the City shall resume responsibility for the maintenance, operation and management of the Parks, and any funds budgeted, allocated, appropriated, received, or contributed to the Trust for management, maintenance, and operations of the Parks for Fiscal Year 2025-2026 shall be transferred to the City; City of Miami Page 1 of 2 File ID: 17968 (Revision:) Printed On: 9/17/2025 17968 Legislation -SUB THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. Flle ID: 17968 Enactment Number. 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 Trust's amended Budget and Masterplan for the management, operation, maintenance, and capital improvements of the Parks in the total amount of Thirty - One Million, Forty -One Thousand, Seven Hundred Fifty -Two and 00/100 Dollars ($31,041,752.00), 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: I 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: 17968 (Revision:) Printed on: 9/17/2025 City of Miami Legislation Resolution SUBSTITUTED City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.co File Number: 17968 Final Action ► •te: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT( APPROVING AND ADOPTING THE ANNUAL BUDGET AND MASTERPLA •F THE BAYFRONT PARK MANAGEMENT TRUST, IN THE TOTAL AMOUNT OF IRTY MILLION, SIX HUNDRED TWENTY-THREE THOUSAND, SEVEN HUNT 'ED FIFTY- TWO AND 00/100 DOLLARS ($30,623,752.00), ATTACHED AND INCPORATED AS EXHIBIT "A," TO PROVIDE FOR THE MANAGEMENT, OPERAT iNS, MAINTENANCE, AND CAPITAL IMPROVEMENTS OF THE MILD D AND CLAUDE PEPPER BAYFRONT PARK AND MAURICE A. FERRE PARK F THE FISCAL YEAR COMMENCING OCTOBER 1, 2025, AND ENDING SEP MBER 30, 2026. WHEREAS, the Bayfront Park Management Trust ("Trust" is a limited agency and instrumentality of the City of Miami ("City") created pursuant to 'ordinance No. 10348 adopted November 19, 1987, as subsequently amended from time to e; and WHEREAS, the Trust is responsible for directing, perating, managing, and maintaining all aspects of Mildred and Claude Pepper Bayfront Par and Maurice A. Ferre Park (collectively, "Parks"); and WHEREAS, Section 38-109 of the Code ► the City of Miami, Florida, as amended, provides that the Trust shall submit its annual . .dget for the management, operation, maintenance, and capital expenditures of th= 'arks to the City Commission for approval; and WHEREAS, the governing body . the Trust reviewed and approved the Trust's annual budget for Fiscal Year 2025-2026 in th• total amount of Thirty Million, Six Hundred Twenty - Three Thousand, Seven Hundred Fi -Two and 00/100 Dollars ($30,623,752.00), attached and incorporated as Exhibit "A" ("Budg ), on July 30, 2025 pursuant to Trust Resolution No. 25-55, for the management, operation, ► aintenance, and capital expenditures for the Parks; and WHEREAS, the Trus equests the approval by the City Commission of the Budget, attached and incorporated -s Exhibit "A," for Fiscal Year 2025-2026 in the total amount of Thirty Million, Six Hundred Tw= ty-Three Thousand, Seven Hundred Fifty -Two and 00/100 Dollars ($30,623,752.00); and WHEREA on July 10, 2025, the City Commission adopted Ordinance No. 14382 abolishing the B. front Park Management Trust effective January 1, 2026, and at such time the powers and d es of the Trust shall revert to the City and the City shall resume responsibility for the maintence, operation and management of the Parks, and any funds budgeted, allocated, appropriat-•, received, or contributed to the Trust for management, maintenance, and operatio' of the Parks for Fiscal Year 2025-2026 shall be transferred to the City; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF I, 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. SUBSTITUTED Section 2. The Trust's Budget and Masterplan for the management, operation, maintenance, and capital improvements of the Parks in the total amount of Thirty Million, Six Hundred Twenty -Three Thousand, Seven Hundred Fifty -Two and 00/100 Dollars ($30,623,752.00), 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 signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: 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.