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HomeMy WebLinkAboutR-17-0432opCity of Miami 1 i.RR cl Legislation alldl 1 l + Resolution R-17-0432 File Number: 2829 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 BAYFRONT PARK MANAGEMENT TRUST, ATTACHED AND INCORPORATED, IN THE AMOUNT OF $10,176,705.00, TO PROVIDE FOR THE OPERATIONS, MAINTENANCE, AND CAPITAL IMPROVEMENTS OF THE MILDRED AND CLAUDE PEPPER BAYFRONT PARK AND MUSEUM PARK, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018. WHEREAS, the Bayfront Park Management Trust ("Trust") is a limited agency and instrumentality of the City of Miami ("City") created pursuant to Ordinance No. 10348 adopted November 19, 1987; and WHEREAS, the Trust is responsible for directing, operating, managing, and maintaining all aspects of Mildred and Claude Pepper Bayfront Park ("Bayfront Park") and Museum Park; and WHEREAS, Section 38-109 of the Code of the City of Miami, Florida, as amended, provides that the Trust shall submit its annual budget for the management, operation, maintenance, and capital expenditures of Bayfront Park and Museum Park to the City Commission for approval; and WHEREAS, the governing body of the Trust reviewed and approved the Trust's budget for Fiscal Year 2017-2018 on August 29, 2017; and WHEREAS, the Trust requests the approval of the budget for the Fiscal Year commencing October 1, 2017 and ending September 30, 2018 in the amount of $10,176,705.00; 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 Trust's Fiscal Year 2017-2018 budget in the amount of $10,176,705.00, attached and incorporated, 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. City of Miami Page 1 of 2 File ID: 2829 (Revision:) Printed On: 12/20/2017 File ID: 2829 APPROVED AS TO FORM AND CORRECTNESS: 1 i ria i "ndez, ity Attor ey 9/5/2017 Enactment Number: R-17-0432 City of Miami Page 2 of 2 File ID: 2829 (Revision:) Printed on: 1212012017