HomeMy WebLinkAboutR-17-0428opCity of Miami
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Legislation
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Resolution R-17-0428
File Number: 2824
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 9/19/2017
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 $11,940,683.00, 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, 2017 AND ENDING SEPTEMBER 30,2018;
AUTHORIZING THE DDA TO MAKE TRANSFERS BETWEEN ACCOUNTS FOR
NECESSARY AND PROPER PURPOSES; AUTHORIZING THE DDA TO INVITE
AND ADVERTISE REQUIRED BIDS; PROVIDING THAT THIS RESOLUTION BE
DEEMED SUPPLEMENTAL AND IN ADDITION TO THE RESOLUTION MAKING
APPROPRIATIONS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2017
AND ENDING SEPTEMBER 30, 2018 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 2017-2018 on July 21, 2017 pursuant to DDA Resolution
28/2017; and
WHEREAS, the DDA requests the approval of the tentative budget for the Fiscal Year
commencing October 1, 2017 and ending September 30, 2018 in the total amount of
$11,940,683.00;
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 $11,940,683.00, for the operations of the DDA, for the Fiscal Year commencing
October 1, 2017 and ending September 30, 2018, is approved and adopted.
Section 3. With the exception of the $317,000.00 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.
Section 4. The DDA is further authorized to make transfers between the detailed
City of Miami Page 1 of 2 File ID: 2824 (Revision:) Printed On: 12/20/2017
File ID: 2824
Enactment Number: R-17-0428
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, 2017 and ending September 30, 2018.
Section 7. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
1
Una nde�z ity Attor iey 915/2017
' 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 Miami Page 2 of 2 File ID: 2824 (Revision:) Printed on: 12/20/2017