HomeMy WebLinkAboutAgenda Item Summary FormtTY U7;
* It AGENDA ITEM SUMMARY FORM
File ID: #2830
Date: 08/11/2017 Requesting Department: Miami Sports and
Exhibition Authority
Commission Meeting Date: 09/19/2017 District Impacted:
Type: Resolution
Subject: Approve Annual Budget FY '18 - MSEA
Purpose of Item:
It is respectfully recommended that the City Commission approve the Miami Sports
&Exhibition Authority Operating Budget for Fiscal Year 2017-2018.
Background of Item:
The Miami Sports & Exhibition Authority (MSEA) was established in 1983, pursuant to
Florida Statute 212.057, as an independent and autonomous agency and instrumentally
of the City of Miami. Currently, MSEA is being managed by Lourdes Blanco. MSEA was
created to promote sports, conventions and exhibitions and to strive to generate
community support to achieve this purpose. It was further given the authority to exercise
any power usually possessed by private corporations performing similar functions that
are not in conflict with the Florida constitution or law. Your approval of the attached
budget will enable MSEA to fulfill its mandate. The budget was unanimously approved
by the MSEA board at its July 18th, 2017, meeting.
Budget Impact Analysis
Total Fiscal Impact:
$677,150.00
Reviewed By
Miami Sports and Exhibition Authority
Review Completed 08/11/2017 12:42 PM
Office of Management and Budget Domingo Echevarria
Office of Management and Budget Christopher M Rose
City Manager's Office
Alberto N. Parjus
City Manager's Office
Fernando Casamayor
Legislative Division
Marta Gomez
Office of the City Attorney
Xavier Alban
Office of the City Attorney
Barnaby L. Min
Office of the City Attorney
Victoria Mendez
City Commission
Nicole Ewan
City Commission
Nicole Ewan
Office of the Mayor
Mayor's Office
Office of the City Clerk
City Clerk's Office
Legislative Division
Valentin J Alvarez
Office of the City Attorney
Xavier Alban
Office of the City Attorney
Barnaby L. Min
Office of the City Attorney
Victoria Mendez
Lourdes Blanco
Department Head
Budget Analyst Review
Completed
Budget Review
Completed
Assitant City Manager Review
Completed
City Manager Review
Completed
Legislative Division Review
Completed
ACA Review
Completed
Deputy City Attorney Review
Completed
Approved Form and Correctness
Completed
Meeting
Completed
Meeting
Completed
Signed by the Mayor
Completed
Signed and Attested by the City Clerk
Completed
Legislative Division Review
Completed
ACA Review
Completed
Deputy Attorney Review
Completed
Approved Form and Correctness with
Modification(s)
08/15/2017 3:59 PM
08/16/2017 7:59 AM
08/16/2017 1:16 PM
08/16/2017 3:53 PM
08/16/2017 7:50 PM
08/24/2017 2:00 PM
08/24/2017 2:12 PM
08/28/2017 2:23 PM
09/14/2017 5:05 PM
09/19/2017 5:05 PM
09/20/2017 3:53 PM
09/20/2017 4:04 PM
11/13/2017 11:31 AM
11/13/2017 11:36 AM
11/14/2017 5:26 PM
Completed
File Number: 2830
City of Miami
Legislation
Resolution
Enactment Number: R-17-0431
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 ANNUAL BUDGET OF THE MIAMI SPORTS AND
EXHIBITION AUTHORITY ("MSEA"), ATTACHED AND INCORPORATED, IN THE
AMOUNT OF $677,150.00 TO PROVIDE FOR THE OPERATIONS AND CAPITAL
EXPENDITURES OF MSEA FOR THE FISCAL YEAR COMMENCING OCTOBER 1,
2017 AND ENDING SEPTEMBER 30, 2018.
WHEREAS, the Miami Sports and Exhibition Authority ("MSEA") was established as an
independent and autonomous agency and instrumentality of the City of Miami ("City") pursuant
to Ordinance No. 9662, adopted July 28, 1983, in connection with former Florida Statute Section
212.057 (1983) (now repealed and superseded by Florida Statute Section 212.0305
[Convention Development Taxes]), to promote sports, conventions, and exhibitions and to strive
to generate community support to achieve this purpose; and
WHEREAS, Section 2-1020 of the Code of the City of Miami, Florida, as amended ("City
Code"), provides that MSEA shall submit its annual budget for its operations and capital
expenditures to the City Commission for approval; and
WHEREAS, pursuant to Section 2-1017 of the City Code, MSEA shall, to the greatest
extent MSEA determines to be feasible, implement the exercise of its powers in a manner which
utilizes and encourages the fullest and most active participation and cooperation of private
enterprise; and
WHEREAS, the MSEA Board of Directors reviewed and approved MSEA's budget for
Fiscal Year 2017-2018 on July 18, 2017; and
WHEREAS, the MSEA Board of Directors requests the City Commission to approve the
budget for the Fiscal Year commencing October 1, 2017 and ending September 30, 2018 in the
amount of $677,150.00;
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 MSEA annual budget, attached and incorporated, in the amount of
$677,150.00 for the operations and capital expenditures of MSEA for the Fiscal Year
commencing October 1, 2017 and ending September 30, 2018, is approved and adopted.
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
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.
APPROVED AS TO FORM AND CORRECTNESS:
EJ1 t6 ria ' ndez,ity +r—e'y— 8/2812017