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HomeMy WebLinkAboutR-26-0197City of Miami Resolution R-26-0197 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 19034 Final Action Date: 4/23/2026 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE CITY MANAGER TO ALLOCATE PURSUANT TO SECTION 62-642 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED ("CITY CODE"), UPON THE CITY MANAGER'S RECOMMENDATION, THIRTEEN MILLION AND 00/100 DOLLARS ($13,000,000.00) FROM THE PUBLIC BENEFITS TRUST FUND, ACCOUNT NO. 10095, WITH FIVE MILLION AND 00/100 DOLLARS ($5,000,000.00) TO THE AFFORDABLE HOUSING TRUST FUND, ACCOUNT NO. 14008.910101.4810000.0000.00000 AND EIGHT MILLION AND 00/100 DOLLARS ($8,000,000.00) TO THE PARKS AND OPEN SPACE TRUST FUND, ACCOUNT NO. 11560.291001.549000; FURTHER APPROPRIATING THE THIRTEEN MILLION AND 00/100 DOLLARS ($13,000,000.00) PURSUANT TO THE ATTACHED AND INCORPORATED EXHIBIT "A" WITH AN AMOUNT NOT TO EXCEED FIVE MILLION AND 00/100 DOLLARS ($5,000,000.00) FROM THE AFFORDABLE HOUSING TRUST FUND FOR LAND ACQUISITION AND/OR DEVELOPMENT OF AFFORDABLE HOUSING WITHIN DISTRICT 2 BOUNDARIES AND AN AMOUNT NOT TO EXCEED EIGHT MILLION AND 00/100 DOLLARS ($8,000,000.00) FROM THE PARKS AND OPEN SPACE TRUST FUND FOR PARK CAPITAL PROJECTS WITHIN DISTRICT 2 BOUNDARIES; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE. SPONSOR(S): Commissioner Damian Pardo WHEREAS, Section 62-642 of the Code of the City of Miami, Florida, as amended, ("City Code") established a trust fund titled the "Public Benefits Trust Fund," in order to collect the cash contributions made pursuant to Ordinance No. 13114, the Zoning Code of the City of Miami, Florida, as amended ("Miami 21 Code"), to supplement affordable/workforce housing, public parks and open space, and green building certification shortfalls; and WHEREAS, Section 62-642 of the City Code further provides that the City Commission, upon the City Manager's recommendation, shall annually allocate funds collected; and WHEREAS, Section 62-642 of the City Code additionally indicates that all cash contributions allocated by the City Commission to support affordable/workforce housing shall be deposited in the Affordable Housing Trust Fund for expenditures pursuant to the guidelines adopted by the City Commission; and all cash contributions allocated by the City Commission to support parks and open space shall be deposited in the Parks and Open Space Trust Fund to be expended in accordance with the guidelines outlined therein; and WHEREAS, the funds allocated and appropriated herein were derived from cash contributions made by developments located within the boundaries of District 2; and City of Miami Page 1 of 3 File ID: 19034 (Revision: A) Printed On: 5/7/2026 File ID: 19034 Enactment Number: R-26-0197 WHEREAS, funds in the amount of Thirteen Million Dollars ($13,000,000.00) shall be allocated from the Public Benefits Trust Fund, with Five Million Dollars ($5,000,000.00) to the Affordable Housing Trust Fund, and Eight Million Dollars ($8,000,000.00) to the Parks and Open Space Trust Fund; and WHERERAS, the Thirteen Million Dollars ($13,000,000.00) shall be appropriated pursuant to the attached and incorporated Exhibit "A," with an amount not to exceed Five Million Dollars ($5,000,000.00) from the Affordable Housing Trust Fund for land acquisition and/or development of Affordable Housing within District 2 boundaries and an amount not to exceed Eight Million Dollars ($8,000,000.00) from the Parks and Open Space Trust Fund for Park Capital Projects within District 2 boundaries; 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 hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The City Manager is authorized' to allocate funds in the amount of Thirteen Million Dollars ($13,000,000.00) from the Public Benefits Trust Fund, with Five Million Dollars ($5,000,000.00) to the Affordable Housing Trust Fund, and Eight Million Dollars ($8,000,000.00) to the Parks and Open Space Trust Fund Section 3. The City Manager is authorized 1 to appropriate the Thirteen Million Dollars ($13,000,000.00) pursuant to the attached and incorporated Exhibit "A," with an amount not to exceed Five Million Dollars ($5,000,000.00) from the Affordable Housing Trust Fund for land acquisition and/or development of Affordable Housing within District 2 boundaries and an amount not to exceed Eight Million Dollars ($8,000,000.00) from the Parks and Open Space Trust Fund for Park Capital Projects within District 2 boundaries Section 4. The allocation and appropriation of the funds referenced herein are subject to all federal, State, and local laws that regulate the use of such funds and the receipt of all necessary approvals, including, but not limited to the City Attorney. Section 5. The City Manager is authorized to make any changes to adjust, amend, and appropriate the City's Operating Budget, Five -Year Financial Plan, Strategic Plan, Multi -Year Capital Plan, and any other documents as necessary and applicable, pursuant to the provisions of this Resolution. Section 6. Certain necessary actions by the City Manager and designated City officials and departments made in order to update the Capital Plan, relevant financial controls and computer systems in connection herewith are ratified, approved, and confirmed. Section 7. The City Manager is further authorized) to execute any and all documents necessary, all in a form acceptable to the City Attorney, for said purpose. Section 8. This Resolution shall become effective immediately upon its adoption and 1 The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited to, those prescribed by applicable City Charter and City Code provisions. City of Miami Page 2 of 3 File ID: 19034 (Revision: A) Printed on: 5/7/2026 File ID: 19034 signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: Enactment Number: R-26-0197 2 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 3 of 3 File ID: 19034 (Revision: A) Printed on: 5/7/2026