HomeMy WebLinkAboutExhibit BCity of Miami
Legislation
Resolution
Enactment Number: R-25-0213
City Hall
3500 Pan American Drive
Miami; FL 33133
www.miamigov.com
File Number: 17505
Final Action Date:6/17/2025
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 "D," IN THE AMOUNT OF ONE MILLION, TWO HUNDRED FORTY-THREE
THOUSAND, EIGHT HUNDRED EIGHTY-TWO AND 00/100 DOLLARS
($1,243,882.00) 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 No. 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 Eight Hundred Forty -Three
Thousand, Eight Hundred Eighty -Two and 00/100 Dollars ($843,882.00) ("Original Annual
Budget"), attached and incorporated as Exhibit "A"; and
WHEREAS, pursuant to Resolution No. 25-0106, adopted by the City Commission on
March 13, 2025, the Trust received unanticipated revenues from the Mayor's share of the Miami
for Everyone ("MFE") Program, in the total amount of One Hundred Fifty Thousand and 00/100
Dollars ($150,000.00), and grant funds from the District 5 Commissioner's share of Anti -Poverty
Initiative ("API") Funds, in the amount of Two Hundred Fifty Thousand and 00/100 Dollars
($250,000.00) to fund its summer youth employment program, necessitating the amendment of
the Trust's original annual budget, attached and incorporated as Exhibit "B"; and
WHEREAS, the governing body of the Trust reviewed and approved the Trust's
amended budget for Fiscal Year 2024-2025 on April 9, 2025, attached and incorporated as
Exhibit "C';
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.
EXHIBIT B
Section 2. The Trust's Fiscal Year 2024-2025 Amended Budget, in the amount of One
Million, Two Hundred Forty -Three Thousand; Eight Hundred Eighty -Two and 00/100 Dollars
($1,243,882.00) attached and incorporated as Exhibit "D," 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:
Wy j ng III, C y 'tor -y 5/13/2025
' 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.