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HomeMy WebLinkAboutR-15-0382Vop City of Miami F .. 19611F A111 *'Ir Legislation i 0 R �O Resolution: R-15-0382 File Number: 15-01020 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 9/10/2015 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE WYNWOOD BUSINESS IMPROVEMENT DISTRICT ("BID"), ATTACHED AND INCORPORATED, IN THE AMOUNT OF $766,564.00, TO PROVIDE FOR THE MANAGEMENT, OPERATION AND MAINTENANCE OF THE BID, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2015, AND ENDING SEPTEMBER 30, 2016. WHEREAS, the City of Miami ("City") established, approved and adopted the Wynwood Business Improvement District ("BID") pursuant to Ordinance No. 13404, adopted September 12, 2013, as amended by Ordinance No. 13453, adopted May 8, 2014; and WHEREAS, the BID was established to stabilize and improve retail and other business within Wynwood through promotion, management, marketing, and other similar services including, but not limited to, coordination, funding, implementation and maintenance of infrastructure improvements, security, sanitation and other projects; and WHEREAS, Section 2-1323 of the Code of the City of Miami, Florida, as amended, provides that the BID shall submit its annual budget for its management, operation and maintenance to the City Commission for approval; and WHEREAS, the BID board reviewed and approved the BID's budget for Fiscal Year 2015-2016 on June 25, 2015; and WHEREAS, the BID requests the approval of the budget for the Fiscal Year commencing October 1, 2015, and ending September 30, 2016, in the amount of $766,564.00; 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 BID's Fiscal Year 2015-2016 budget, in the amount of $766,564.00, attached and incorporated, for the Fiscal Year commencing October 1, 2015, and ending September 30, 2016, is approved and adopted. City of Miand Page 1 of 2 File Id. 15-01020 (Version: 1) Printed On: 3/22/2018 File Number: 15-01020 Enactment Number: R-15-0382 Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {1 } Footnotes: {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 Page 2 of 2 File Id. 15-01020 (Version: 1) Printed On: 3/22/2018