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HomeMy WebLinkAboutR-18-0268opCity of Miami 1 i.RR cl Legislation alldl 1 l + Resolution: R-18-0268 File Number: 4211 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 6/28/2018 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE SUPPLEMENTAL BUDGET OF THE LIBERTY CITY COMMUNITY REVITALIZATION TRUST, ATTACHED AND INCORPORATED AS EXHIBIT "C," IN THE AMOUNT OF NINE HUNDRED TWENTY-NINE THOUSAND DOLLARS ($929,000.00) FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018. WHEREAS, the City of Miami ("City") created and established the Liberty City Community Revitalization Trust ("Trust") pursuant to Ordinance No. 12859 adopted October 12, 2006; and WHEREAS, the Trust is responsible for the oversight and facilitation of the City's revitalization and redevelopment activities in the Liberty City area; and WHEREAS, Section 12.5-36 of the Code of the City of Miami, Florida, as amended ("City Code"), provides that the Trust shall submit a budget to the City Commission for approval, in a form acceptable to the City Manager; and WHEREAS, pursuant to Resolution No. 17-0434 adopted September 19, 2017, the City Commission approved the Trust's original annual budget for the fiscal year commencing October 1, 2017 and September 30, 2018 in the amount of Five Hundred Fourteen Thousand Dollars ($514,000.00) ("Original Annual Budget", attached and incorporated as Exhibit "A"); and WHEREAS, pursuant to Resolution No. 18-0019 adopted by the City Commission on January 11, 2018, attached and incorporated as Exhibit "B", the Trust received unanticipated revenues from the District 5 share of the City's Anti -Poverty Initiative funds in the total amount of Four Hundred Thousand Dollars ($400,000.00) to fund its Summer Youth Program, necessitating the amendment of the Trust's Original Annual Budget; and WHEREAS, to assist with Hurricane Irma recovery efforts, the Orange Bowl Committee donated Fifteen Thousand Dollars ($15,000.00) to the Trust to help clean up areas adversely impacted by the storm in Liberty City and surrounding areas, and said contribution necessitating another amendment to the Trust's Original Annual Budget; and WHEREAS, Section 12.5-36(a) of the City Code provides for the Trust to return to the City Commission for approval of supplements to the Original Annual Budget; and WHEREAS, pursuant to Trust Resolution No. 18-001, the governing body of the Trust reviewed and approved the Trust's supplemented and amended budget for Fiscal Year 2017- 2018 ("Supplemental Budget", attached and incorporated as Exhibit "C") on February 7, 2018; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: City of Miami Page 1 of 2 File ID: 4211 (Revision:) Printed On: 10/24/2018 File ID: 4211 Enactment Number: R-18-0268 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 Supplemental Budget in the amount of Nine Hundred Twenty - Nine Thousand Dollars ($929,000.00), attached and incorporated as Exhibit "C," 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.' APPROVED AS TO FORM AND CORRECTNESS: 1 i ria i�t-ndez, City Httor ey 6/13/2018 ' 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: 4211 (Revision:) Printed on: 10/24/2018