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HomeMy WebLinkAboutR-15-0387Vop City of Miami F .. , 'Ir* Legislation i 0 R �O Resolution: R-15-0387 File Number: 15-01018 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 MIAMI SPORTS AND EXHIBITION AUTHORITY ("MSEA"), ATTACHED AND INCORPORATED, IN THE AMOUNT OF $88,935.00, TO PROVIDE FOR THE OPERATIONS AND CAPITAL EXPENDITURES OF MSEA, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2015, AND ENDING SEPTEMBER 30, 2016. WHEREAS, the Miami Sports and Exhibition Authority ("MSEA") was established as an independent and autonomous agency and instrumentality of the City of Miami ("City") pursuant to City Commission Ordinance No. 9662, adopted July 28, 1983, in connection with former Florida Statute Section 212.057 (1983) (now repealed and superseded by Florida Statute Section 212.0305 (Convention Development Taxes)), to promote sports, conventions and exhibitions and to strive to generate community support to achieve this purpose; and WHEREAS, Section 2-1020 of the Code of the City of Miami, Florida, as amended ("City Code"), provides that MSEA shall submit its annual budget for its operations and capital expenditures to the City Commission for approval; and WHEREAS, pursuant to Section 2-1017 of the City Code, MSEA shall, to the greatest extent it determines to be feasible, implement the exercise of its powers in a manner which utilizes and encourages the fullest and most active participation and cooperation of private enterprise; and WHEREAS, the MSEA Board of Directors reviewed and approved its budget for Fiscal Year 2015-2016 on July 21, 2015; and WHEREAS, the MESA requests the approval of the budget for the Fiscal Year commencing October 1, 2015, and ending September 30, 2016, in the amount of $88,935.00; 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 MSEA annual budget, attached and incorporated, in the amount of City of Miand Page 1 of 2 File Id. 15-01018 (Version: 1) Printed On: 3/22/2018 File Number: 15-01018 Enactment Number: R-15-0387 $88,935.00, for the operations and capital expenditures of MSEA, for the Fiscal Year commencing October 1, 2015, and ending September 30, 2016, is approved and adopted. 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. 15-01018 (Version: 1) Printed On: 3/22/2018