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File Number: 16-01222
City Of Miami
Legislation
� _ • 1
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE FINAL ANNUAL BUDGET OF THE
DOWNTOWN DEVELOPMENT AUTHORITY ("DDA") OF THE CITY OF MIAMI,
FLORIDA ("CITY"), ATTACHED AND INCORPORATED, IN THE TOTAL AMOUNT
OF $9,214,100,00, AND MAKING APPROPRIATIONS FROM THE DOWNTOWN
DEVELOPMENT DISTRICT AD VALOREM TAX LEVY AND OTHER
MISCELLANEOUS INCOME FOR THE DDA, FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2016 AND ENDING SEPTEMBER 30, 2017;
AUTHORIZING THE DDA TO INVITE AND ADVERTISE REQUIRED BIDS;
PROVIDING FOR BUDGETARY FLEXIBILITY; PROVIDING THAT THIS
RESOLUTION BE DEEMED SUPPLEMENTAL AND IN ADDITION TO THE
RESOLUTION MAKING APPROPRIATIONS FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2016 AND ENDING SEPTEMBER 30, 2017 FOR THE
OPERATIONS OF THE CITY.
WHEREAS, Section 14-59 of the Code of the City of Miami, Florida, as amended ("City Code"),
provides that the Downtown Development Authority ("DDA") of the City of Miami, Florida ("City"),
shall submit its annual budget for its operations to the City Commission for approval; and
WHEREAS, the Board of Directors of the DDA approved and adopted the DDA's preliminary
budget for Fiscal Year 2016-2017 on July 15, 2016, pursuant to DDA Resolution 20/2016; and
WHEREAS, the City Commission approved and adopted the DDA's tentative budget for Fiscal
Year 2016-2017 on September 6, 2016, pursuant to City Commission Resolution No. 16-0380; and
WHEREAS, the DDA requests the approval of the final budget, attached and incorporated as
Exhibit "A", for the Fiscal Year commencing October 1, 2016 and ending September 30, 2017, in
the total amount of $9,214,100.00;
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 DDA final annual budget, attached and incorporated, in the total amount of
$9,214,100.00, for the operations of the DDA, for the Fiscal Year commencing October 1, 2016 and
ending September 30, 2017, is approved and adopted..
Section 3. With the exception of the $300,000.00 DDA contribution to the Tri -Rail Downtown
Miami Link Project, the above-mentioned operating expenditures are merely anticipatory and thus,
City of Miami Page 1 of 2 File Id: 16-01222 (Ilersion: 1) Printed On: 91912016
File Number. 16-01222
the Board of Directors of the DDA is hereby authorized to withhold any of these appropriated funds
from encumbrance or expenditure should such action appear advantageous to the economic and
efficient operation of the DDA.
Section 4. The DDA is further authorized to make transfers between the detailed accounts
comprising any of the amounts appropriated in Section 2 above, so that any available and required
balance in such accounts may be used for other necessary and proper purposes.
Section 5. Subject to Chapter 18 of the City Code, the DDA is further authorized to solicit bids
for the purposes of procuring any materials, supplies, equipment and services embraced in the
amounts appropriated in Section 2 above, for which formal bidding is required, with such bids being
returnable as required by law.
Section 6. This Resolution shall be deemed supplemental and in addition to the Resolution
making appropriations for the operations of the City, for the Fiscal Year commencing October 1,
2016 and ending September 30, 2017.
Section 7. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor. {1)
AP OVER AS TO FORM AND CORRECTNESS:
VIFTORIA i`'ENDEZ
C TYATTORNEY
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 Dliand Page 2 of 2 File Id: 16-01222 (Version: 1) Printed On: 91912016