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HomeMy WebLinkAboutLegislationFile Number: 16-01209 Final Action Date: 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 SEVEN HUNDRED SEVENTY-SIX THOUSAND EIGHT HUNDRED FORTY-THREE DOLLARS ($776,843.00), FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2015 AND ENDING SEPTEMBER 30, 2016. 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, pursuant to Resolution No. 16-0200, adopted on April 28, 2016, the Trust received unanticipated revenues from the District 5 share of the City's Anti -Poverty Initiative, in the amount $150,000.00, to fund its Summer Youth Program, necessitating the amendment of the Trust's budget for the fiscal year commencing October 1, 2015 and ending September 30, 2016; and WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as amended, provides that the Trust shall submit a budget to the City Commission for approval, in a form acceptable to the City Manager; and WHEREAS, the governing body of the Trust was scheduled to review and approve the Trust's amended budget for Fiscal Year 2015-2016 on September 1, 2016; and 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 2015-2016 amended budget, in the amount of Seven Hundred Seventy -Six Thousand Eight Hundred Forty -Three Dollars ($776,843.00), attached and incorporated as Exhibit "A", 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} City of Miami Page 1 of 2 File Id: 16-01209 (Version: 1) Printed Ora: 8/2312016 nn ■ <t,/ of Miami am l City Hall r �,. �.`,. 3500 Pan American Drive I f p &YAltegislation t L Miami, FL 33133 www.miamigov.com Resolution File Number: 16-01209 Final Action Date: 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 SEVEN HUNDRED SEVENTY-SIX THOUSAND EIGHT HUNDRED FORTY-THREE DOLLARS ($776,843.00), FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2015 AND ENDING SEPTEMBER 30, 2016. 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, pursuant to Resolution No. 16-0200, adopted on April 28, 2016, the Trust received unanticipated revenues from the District 5 share of the City's Anti -Poverty Initiative, in the amount $150,000.00, to fund its Summer Youth Program, necessitating the amendment of the Trust's budget for the fiscal year commencing October 1, 2015 and ending September 30, 2016; and WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as amended, provides that the Trust shall submit a budget to the City Commission for approval, in a form acceptable to the City Manager; and WHEREAS, the governing body of the Trust was scheduled to review and approve the Trust's amended budget for Fiscal Year 2015-2016 on September 1, 2016; and 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 2015-2016 amended budget, in the amount of Seven Hundred Seventy -Six Thousand Eight Hundred Forty -Three Dollars ($776,843.00), attached and incorporated as Exhibit "A", 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} City of Miami Page 1 of 2 File Id: 16-01209 (Version: 1) Printed Ora: 8/2312016 File Number., 16-01209 APPROVED AS TO FORM AND CORRECTNESS: VICTORIA MENDEZ CITY ATTORNEY 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. Cite of Hund Page 2 of 2 File Id. 16-01209 Mersi.on.: 1) Printed On: 812312016