HomeMy WebLinkAboutMemo - Coconut Grove BIDDate: August 12, 2016
To: Honorable Mayor and Members of the City of Miami Commission
From: Coconut Grove Business Improvement District
Re: 2016-2017 Coconut Grove BID Operating Budget:
Enclosed is the proposed Coconut Grove Business Improvement District operating budget for fiscal year
2016/2017 for your review. The Coconut Grove BID is pleased -to announce the continuation of the
successful initiatives, in addition to the introduction of new projects aimed at cementing our commitment
to serve the local community and visitors alike within our commercial walking village.
Highlighted below are budgetary items that will fund the development and continuation of several
programs and initiatives:
■ FPL initiative to bury utility concrete poles along public right of ways along McFarlane Road and
Grand Ave $1,300,000
■ $25,000 budgeted for the fourth expansion of the Coconut Grove BID HD public safety_
surveillance system
■ $75,000 has been set aside for off-duty police officer coverage, which consists of coverage 7
hours a day, 5 days a week (over 1,820 hours annually).
■ $249,000 allocated towards supplemental security and cleaning services for the District, which
amounts to approximately 13,000 of additional hours of service coverage.
■ Free Community 4"' of July Firework Celebrations at Peacock Park - $17,500
■ Monthly Free FAM Music & Block Parties $18,000
■ Continuation of Grovite Initiative with Miami Herald to 100,000+ households - $20,000
■ Free Yoga at Peacock Park on Tuesday, Thursday and Saturday's - $3,800
■ 25 free walking and bicycle tour series - $4,800
■ Grove Tree Canopy Project for 330 total trees in the public right of way via RFP - $30K
■ Funding for two City of Miami Trolleys $400,000 — Completed in 2016
■ Reimbursable Emergency & Debris Removal Services via FEMA & Ceres Environmental for
District totaling $185,585 (on balance sheet as emergency line item approved by Board June
2016)
We respectfully request your approval of this budget at your scheduled City of Miami Commission
meeting scheduled this upcoming September 2016. If you have any questions please feel free to contact
me at anytime.
4nny�Gojnzalez
Executive Director
Coconut Grove BID 3390 Mary St, #130 Coconut Grove, FI 33133 www.coconutgrove,com Ph: 305-461-5506 Fax: 305-461-5773