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HomeMy WebLinkAboutPre-LegislationCity Hall z Citi' ®f Miami 3500 Pan American Drive € �={ Miami, FL 33133 °* mogr arxd ` www.miamigov.com Master Report Enactment Number: R-16-0380 File Number: 16-01199 File Type: Resolution Status: Mayor's Office for Signature Version: 1 Reference: Controlling Body; City Commission File Name: Tentative Budget for FY'17 - DDA Introduced: 8/17/2016 Requester: Downtown Development Cost: Final Action: 9/6/2016 Authority Title: ARESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE TENTATIVE ANNUAL BUDGET OF THE DOWNTOWN DEVELOPMENT AUTHORITY ("DDA") OF THE CITY OF MIAMI, FLORIDA ("CITY"), ATTACHED AND INCORPORATED, IN THE TOTALAMOUNT 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. Sponsors: Notes: Indexes: Attachments: 16-01199 Memo -Downtown Development Authority:pdf,16-01199 Back -Up from Law Dept.pdf,16-01199 Legislation.pdf,16-01199 Exhibit.pdf, History of Legislative File Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result: Office of the City 8/25/2016 Reviewed and Attorney Approved City Commission 9/6/2016 ADOPTED Pass City of Miami Page 1 Printed on 91912016 g City of Miami X , 4 'A:E,PkC4if BeAfEB Legislation x Resolution: R-16-0380 File Number: 16-01199 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 9/6/2016 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE TENTATIVE 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, 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 DDA requests the approval of the tentative budget 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 tentative 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 abovementioned operating expenditures are merely anticipatory and thus, 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. City of Miami Page 1 of 2 File Id: 16-01199 (Version: 1) Printed On: 91912016 File Number: 16-01199 Enactment Number R-16-0380 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 Code of the City of Miami, Florida, as amended, 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} APPROVED AS TO FORM AND CORRECTNESS: VICTORIA MENDEZ CITYATTORNEY 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 Mia ini Page 2 of 2 File Id: 16-01199 (Version: 1) Printed On: 91912016