HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #17977
Date: 08/06/2025
Commission Meeting Date: 09/25/2025
Requesting Department: Liberty City
Community Revitalization Trust
Sponsored By: Christine King
District Impacted: District 5
Type: Resolution
Subject: Approve 2nd Supplemental Budget - Liberty City Revitalization Trust
Purpose of Item:
To approve and adopt the annual budget of the Liberty City Community Revitalization Trust
("Liberty City Trust") in the amount of ONE MILLION THREE HUNDRED EIGHTEEN
THOUSAND EIGHT HUNDRED EIGHTY-TWO AND 00/100 DOLLARS ($1,318,882.00) for
fiscal year commencing October 1, 2024 and ending September 30, 2025.
Background of Item:
According to Section 5.5-36 of the Code of the City of Miami, the Liberty City Trust shall submit
a budget to the City Commission for approval. However, the Liberty City Trust received
unanticipated revenue which necessitates the amendment of its original annual budget for
FY24-25.
Budget Impact Analysis
Item is Related to Revenue
Item has NOT an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
N/A
Liberty City Community Revitalization Trust
Review Completed
Office of Management and Budget
Office of Management and Budget
City Manager's Office
City Manager's Office
City Manager's Office
Legislative Division
City Manager's Office
Office of the City Attorney
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Legislative Division
Office of the City Attorney
Office of the City Attorney
Office of the City Clerk
Reviewed B
08/20/2025 2:14 PM
Jacques Joseph
Marie Gouin
Erica T. Paschal
Mabel Betancourt
Mabel Betancourt
Valentin J Alvarez
Arthur Noriega V
Xavier Alban
George K. VVysong III
Maricarmen Lopez
Mayor's Office
City Clerk's Office
Valentin J Alvarez
Xavier Alban
George K. Wysong III
City Clerk's Office
Iris Hudson
Budget Analyst Review
Budget Review
ACM Review
Deputy City Manager Review
Assistance City Manager Review
Legislative Division Review
City Manager Review
ACA Review
Approved Form and Correctness
Meeting
Department Head
Completed
Completed
Completed
Skipped
Skipped
Completed
Completed
Completed
Completed
Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
Legislative Division Review Completed
ACA Review Completed
Approved Form and Correctness with Modification(s)
Rendered Completed
09/04/2025 1:10 PM
09/11/2025 6:47 PM
09/12/2025 10:02 AM
08/11/2025 3:21 PM
08/25/2025 12:05 PM
09/12/2025 11:05 AM
09/12/2025 3:42 PM
09/16/2025 10:54 AM
09/16/2025 1:23 PM
09/25/2025 9:00 AM
10/03/2025 1:21 PM
10/03/2025 1:29 PM
10/29/2025 2:04 PM
01/22/2026 2:04 PM
Completed
01/27/2026 5:54 PM
City of Miami
Legislation
Resolution
Enactment Number: R-25-0396
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 17977 Final Action Date:9/25/2025
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE AMENDED BUDGET OF THE LIBERTY CITY
COMMUNITY REVITALIZATION TRUST, ATTACHED AND INCORPORATED AS
EXHIBIT "A", IN THE AMOUNT OF ONE MILLION, THREE HUNDRED THIRTEEN
THOUSAND, SIX HUNDRED NINETY-EIGHT AND 00/100 DOLLARS ($1,313,698.00)
FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2024, AND ENDING
SEPTEMBER 30, 2025.
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; and
WHEREAS, the Trust is responsible for the oversight and facilitation of the City's
revitalization and redevelopment activities in the Liberty City area; and
WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as amended ("City
Code"), provides that the Trust shall submit a budget to the City Commission for approval, in a
form acceptable to the City Manager; and
WHEREAS, pursuant to Resolution R-24-0321, adopted September 7, 2024, the City
Commission approved the Trust's original annual budget for the fiscal year commencing
October 1, 2024 through September 30, 2025 in the amount of $843,882.00 ("Original Annual
Budget", attached and incorporated as Exhibit "A"); and
WHEREAS, pursuant to Resolution R-25-0213, adopted on June 17, 2025, the City
Commission approved the Trust's Amended Budget for FY24-25 in the amount of
$1,243,882.00, attached and incorporated as Exhibit "B" ("Supplemental Annual Budget"); and
WHEREAS, pursuant to Resolution No. CRA-25-0025, adopted by the Southeast
Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") on June 17, 2025,
attached and incorporated as Exhibit "C," the Trust received unanticipated revenue from
SEOPW CRA in the amount of Seventy -Five Thousand and 00/100 Dollars ($75,000.00), to
fund its Summer Youth Employment Program, necessitating the amendment of the Trust's
original annual budget; and
WHEREAS, the governing body of the Trust reviewed and approved the revenue
received from the SEOPW CRA on July 11, 2025, pursuant to the Trust's Resolution No. 2025-
004, attached and incorporated as Exhibit "D"; and
WHEREAS, the governing body of the Trust reviewed and approved the Trust's second
amended budget for Fiscal Year 2024-2025 on July 11, 2025, pursuant to the Trust Resolution
No. R-25-005, attached and incorporated as Exhibit "E".
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 Fiscal Year 2024-2025 Second Supplemental Budget, in the
amount of One Million, Three Hundred Thirteen Thousand, Six Hundred Ninety -Eight and
00/100 Dollars ($1,313,698.00), attached hereto as Exhibit "E," for the Fiscal Year commencing
October 1, 2024, and ending September 30, 2025, 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 j ng III, C y - tor ~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.