HomeMy WebLinkAboutAgenda Item Summary Form* 1XCpAp.6A^i6^ AGENDA ITEM SUMMARY FORM
IB 86
File ID: #2734
Date: 08/10/2017 Requesting Department: Coconut Grove
Business Improvement District Board
Commission Meeting Date: 09/19/2017 District Impacted: All
Type: Resolution
Subject: Approve Annual Budget FY '18 - Coconut Grove BID
Purpose of Item:
A resolution of the Miami City Commission, with attachments, approving and adopting
the annual budget of the Coconut Grove Business Improvement District (BID) in the
amount of $3,453,577, to provide for the operations, maintenance, and capital
improvements of the BID, for the fiscal year commencing October 1, 2017 and ending
September 30, 2018.
Background of Item:
The Coconut Grove BID (BID) was established by the Miami City Commission to
stabilize and improve retail and other business within the BID District, pursuant to City
Commission Resolution #08-0455 adopted on July 24, 2008, and later confirmed in
Resolution #09-0076 adopted on February 12, 2009. Section 2-1525 (2) of the Code of
the City of Miami, Florida, as amended, provides that the BID shall "Prepare an annual
budget to be presented to the city commission for approval." The budget is hereto
attached.
Budget Impact Analysis
Item is Related to Revenue
Item is an Expenditure
Total Fiscal Impact:
$ $3,453,577
Reviewed By
Coconut Grove Business Improvement District Board
Review Completed
08/11/2017 9:11 AM
Office of Management and Budget
Everton Garvis
Office of Management and Budget
Christopher M Rose
City Manager's Office
Fernando Casamayor
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
Timothy Schmand
Department Head
Budget Analyst Review
Completed
Budget Review
Completed
Assistant 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
08/11/2017 4:19 PM
08/14/2017 9:54 AM
08/14/2017 11:00 AM
08/16/2017 4:10 PM
08/16/2017 7:47 PM
08/21/2017 9:32 AM
08/21/2017 10:26 AM
08/23/2017 8:56 PM
09/14/2017 5:05 PM
09/19/2017 5:05 PM
09/20/2017 3:59 PM
09/20/2017 4:08 PM
File Number: 2734
City of Miami
Legislation
Resolution
Enactment Number: R-17-0440
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 COCONUT GROVE
BUSINESS IMPROVEMENT DISTRICT ("BID"), ATTACHED AND INCORPORATED,
IN THE AMOUNT OF $3,453,577.00, TO PROVIDE FOR THE MANAGEMENT,
OPERATION, AND MAINTENANCE OF THE BID FOR THE FISCAL YEAR
COMMENCING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018.
WHEREAS, the City of Miami ("City") established, approved, and created the Coconut
Grove Business Improvement District ("BID") pursuant to Ordinance No. 13059 adopted March
12, 2009; and
WHEREAS, the BID was established to stabilize and improve retail and other
businesses within Coconut Grove through promotion, management, marketing, and other similar
services including, but not limited to, coordination, funding, implementation, and maintenance of
infrastructure improvements and other projects; and
WHEREAS, Section 2-1257 of the Code of the City of Miami, Florida, as amended,
provides that the BID shall submit its annual budget for its management, operation, and
maintenance to the City Commission for approval; and
WHEREAS, the BID Board reviewed and approved the BID's budget for Fiscal Year
2017-2018 on July 25, 2017; and
WHEREAS, the BID requests the approval of the budget for the Fiscal Year
commencing October 1, 2017 and ending September 30, 2018 in the amount of $3,453,577.00;
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 BID's Fiscal Year 2017-2018 budget, in the amount of $3,453,577.00,
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 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— 8/2312017