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HomeMy WebLinkAboutLegislation�a City of Miami City Hall 3500 Pan American , E X� t. i - Drive k Legislation Miami, FL 33133 www.miamigov.com Resolution File Number; 16-01297 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), REAPPROVING THE CITY OF MIAMI ("CITY") FISCAL YEAR 2016-17 MULTI-YEAR CAPITAL PLAN, PREVIOUSLY ADOPTED SEPTEMBER 6, 2016, PURSUANT TO RESOLUTION NO. 16-0393. WHEREAS, a capital improvement programming process to support the Comprehensive Plan is required pursuant to the Community Planning Act, specifically Section 163.3177, Florida Statutes (2016), and Chapter 18/Article IX/Divisions 1 and 2 of the Code of the City of Miami, Florida, as amended ("City Code"), entitled "Finance/Financial Policies/Anti-Deficiency Act/Financial Integrity Principles;" and WHEREAS, a Capital Improvements Plan is a policy and management tool to plan municipal borrowing and indebtedness over a period of time, to establish annual expenditures within a framework of long-range fiscal requirements, and to serve as an official statement of the City's development plans; and WHEREAS, on September 6, 2016, the Miami City Commission ("City Commission") adopted the City of Miami ("City") Fiscal Year 2016-17 Multi -Year Capital Plan ("Plan") pursuant to Resolution No. 16-0393; and WHEREAS, the Plan incorporates the Fiscal Year 2015-16 Multi -Year Capital Plan set forth in Resolution No. 15-0394, adopted by the Miami City Commission on September 10, 2015, as subsequently amended by Resolution No. 15-0416 and Resolution No. 15-0424, both adopted September 24, 2015, Resolution No. 15-0463, adopted October 22, 2015, Resolution No. 15-0547, adopted December 10, 2015, Resolution No. 16-0021, adopted January 14, 2016, Resolution No. 16.0234, adopted May 12, 2016, and Resolution No. 16-02999, adopted June 23, 2016; 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 City Commission hereby reapproves the Plan, previously adopted September 6, 2016, pursuant to Resolution No. 16-0393. Section 3. The Plan, as posted on the City's website on July 7, 2016, is incorporated herein by reference and may be amended to include all of the applicable changes contained in the memorandum entitled "Second Budget Hearing Changes Memo - FY 2016-17 Tentative Budget" - regarding the City's Operating and Capital Budgets, along with any other subsequent changes. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {1} City of Miand Page 1 of 2 File Id: 16-01297 (Version: 1) Printed On: 9/9/2016 File Number: 16-01297 APPROVED AS TO FORM AND CORRECTNESS: VICTOFZ,I:A'MEND C ITY ATTO RN EY Footnotes: {1) This Resolution shall become effective as specified herein unless vetoed by the Mayor within ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon the override of the veto by the City Commission or upon the effective date stated herein, whichever is later. City of Miami Page 2 of 2 File Id: 16-01297 (Meision: 1) Printed Ort: 91912016