HomeMy WebLinkAboutR-17-0473opCity of Miami
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Legislation
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Resolution R-17-0473
File Number: 2886
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 9/28/2017
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE FINAL ANNUAL BUDGET OF THE
DOWNTOWN DEVELOPMENT AUTHORITY ("MIAMI 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 MIAMI DDA, FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30,2018;
AUTHORIZING THE MIAMI DDA TO INVITE AND ADVERTISE REQUIRED BIDS;
PROVIDING FOR BUDGETARY FLEXIBILITY; 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 ("Miami 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 Miami DDA approved and adopted the Miami
DDA's preliminary budget for Fiscal Year 2017-2018 on July 21, 2017, pursuant to DDA
Resolution 28/2017; and
WHEREAS, the City Commission approved and adopted the Miami DDA's tentative
budget for the Fiscal Year 2017-2018 on September 19, 2017, pursuant to City Commission
Resolution No.17-0428; and
WHEREAS, the Miami DDA requests the approval of the final budget, attached and
incorporated as Exhibit "A," 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 Miami DDA's final annual budget, attached and incorporated as Exhibit
"A," in the total amount of $11,940,683.00, for the operations of the Miami 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 contribution to the Tri -Rail Downtown
Miami Link Project, the abovementioned operating expenditures are merely anticipatory and
thus, the Board of Directors of the Miami DDA is hereby authorized to withhold any of these
City of Miami Page 1 of 2 File ID: 2886 (Revision:) Printed On: 12/27/2017
File ID: 2886 Enactment Number: R-17-0473
appropriated funds from encumbrance or expenditure should such action appear advantageous
to the economic and efficient operation of the Miami DDA.
Section 4. The Miami DDA is further authorized to make transfers between the detailed
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 City Code, the Miami 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
i ria i ndez, City Attor iey 9/29/2017
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: 2886 (Revision:) Printed on: 12/27/2017