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RESOLUTION NO.
A RESOLUTION OF THE MIAMI CITY COMMISSION,
WITH ATTACHMENT(S), APPROVING AND ADOPTING
THE ANNUAL BUDGET OF THE LIBERTY CITY
COMMUNITY REVITALIZATION TRUST IN THE
AMOUNT OF $991,958.00 FOR THE FISCAL YEAR
COMMENCING OCTOBER 1, 2025, AND ENDING
SEPTEMBER 30, 2026, ATTACHED AND
INCORPORATED IN COMPOSITE EXHIBIT "A", AND
THE FY2025-2026 MASTERPLAN, ATTACHED AND
INCORPORATED IN COMPOSITE EXHIBIT "B",.
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, as subsequently amended; and
WHEREAS, the Trust is responsible for the oversight and facilitation of
the City's revitalization and redevelopment activities in the Liberty City area as
well as for the District 5 neighborhoods owner -occupied affordable housing
improvements grant program for low income homeowners; and
WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as
amended, provides that the Trust shall submit a budget to the City
Commission for approval in a form acceptable to the City Manager; and
WHEREAS, the governing body of the Trust reviewed and approved the
Trust's budget in the amount of $991,958.00 Resolution 2025-007, attached
and incorporated as part of Composite Exhibit "A"; and
WHEREAS, the Trust is requesting an additional $300,000 for cost
allocation to cover insurance, retirement, COLA percentage of 2.7% and annual
increases of 5%, and other operating cost; and
WHEREAS, the Trust requests the approval of the Fiscal Year 2025-2026
Trust Budget commencing October 1, 2025 and ending September 30, 2026 in
the total amount of $991,958.00, attached and incorporated as Composite
Exhibit "A", and the Fiscal Year 2025-2026 Masterplan, attached and
incorporated as Composite Exhibit "B"; and
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE
CITY OF MIAMI, FLORIDA:
17989 Legislation -SUB
THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP
ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT.
Section 1. The recitals and findings contained in the Preamble to this
Resolution are incorporated as if fully set forth in this Section.
Section 2. The Fiscal Year 2025-2026 Trust Budget in the amount of
$991,958.00, attached and incorporated as Composite Exhibit "A,"
commencing October 1, 2025 and ending September 30, 2026 is approved and
adopted.
Section 3. The Fiscal Year 2025-2026 Masterplan, attached and
incorporated as Composite Exhibit "B," is approved and adopted.
Section 4. This Resolution shall be effective immediately upon its
adoption and signature of the Mayor.'
PASSED AND ADOPTED this day of , 2025.
FRANCIS SUAREZ, MAYOR
ATTEST:
TODD B. HANNON
CITY CLERK
APPROVED AS TO FORM AND
CORRECTNESS:
CITY ATTORNEY
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
Legislation
Resolution
SUBSTITUTED
City Hall
3500 Pan American Driv
Miami, FL 33133
www.miamigov.c
File Number: 17989 Final Actio l ate:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT
APPROVING AND ADOPTING THE BUDGET OF THE LIBERTY CITY CO UNITY
REVITALIZATION TRUST AND THE MASTERPLAN FOR FISCAL YEA 025-2026,
ATTACHED AND INCORPORATED IN COMPOSITE EXHIBIT "A," AN P OMPOSITE
EXHIBIT "B, IN THE AMOUNT OF $1,391,958.00 FOR THE FISCAL AR
COMMENCING OCTOBER 1, 2025, AND ENDING SEPTEMBER 3', 2026.
WHEREAS, the City of Miami ("City") created and est- • ished the Liberty City
Community Revitalization Trust ("Trust") pursuant to Ordinance No. 2859 adopted October 12,
2006, as subsequently amended; and
WHEREAS, the Trust is responsible for the overs 4 t and facilitation of the City's
revitalization and redevelopment activities in the Liberty C area as well as for the District 5
neighborhoods owner -occupied affordable housing impro -ments grant program for low-income
homeowners; and
WHEREAS, Section 12.5-36 of the Code the City of Miami, Florida, as amended,
provides that the Trust shall submit a budget t• he City Commission for approval in a form
acceptable to the City Manager; and
WHEREAS, the governing body ' the Trust reviewed and approved the Trust's
Masterplan and budget in the amount of .,1,391,958.00 for Fiscal Year 2025-2026 on July 11,
2025, as set forth in Trust Resolution .-007, attached and incorporated as Composite Exhibit
"A;" and
WHEREAS, the Trust quests the approval of the Masterplan, attached and
incorporated as Composite Ex •it "A," and Fiscal Year 2025-2026 Trust Budget commencing
October 1, 2025, and endi September 30, 2026, in the total amount of $1,391,958.00,
attached and incorporated - - Composite Exhibit "B;"
NOW, THEREF'IIRE, 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
incorporated a fully set forth in this Section.
Sec • n 2. The Fiscal Year 2025-2026 Trust Masterplan, attached and incorporated as
Composi Exhibit "A," and Trust Budget in the amount of $1,391,958.00, attached and
incorporated as Composite Exhibit "B," commencing October 1, 2025, and ending September
30, 2► 6, is approved and adopted.
SUBSTITUTED
Section 3. This Resolution shall be effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
ge Wy j ng IpI, C y ' ttor -y 9/16/2025
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.