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HomeMy WebLinkAboutLegislation-SUBFile Number: 6302 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. City of Miami City Hall Legislation 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 9/12/2019 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE VIRGINIA KEY BEACH PARK TRUST ("TRUST"), ATTACHED AND INCORPORATED, AS COMPOSITE EXHIBIT "A," IN THE AMOUNT OF $300,000.00 FROM CITY OF MIAMI OPERATING FUNDS, $1,125,000.00 FROM TRUST CARRYOVER FUNDS, $2,000.00 FROM TRUST CASH WITH THE FISCAL AGENT, $50,000.00 IN GRANTS, $1,000,000.00 FROM THE 2020 ULTRA MUSIC FESTIVAL, AND $770,000.00 IN ANTICIPATED REVENUE, FOR A TOTAL AMOUNT OF $3,247,000.00, TO PROVIDE FOR THE MANAGEMENT, OPERATION, MAINTENANCE FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2019 AND ENDING SEPTEMBER 30, 2020. WHEREAS, the Virginia Key Beach Park Trust ("Trust") is a limited agency and instrumentality of the City of Miami ("City") created pursuant to Ordinance No. 12003 adopted December 14, 2000, as subsequently amended from time to time; and WHEREAS, the Trust, in cooperation with the Department of Parks and Recreation and other City departments, is guided by its vision to preserve the Historic Virginia Key Beach Park property in a manner consistent with the environmental health, public use, historical importance of the park, and the aspirations of the African American community; and WHEREAS, Section 38-237 of the Code of the City of Miami, Florida, as amended, provides that the Trust shall submit its annual budget for its management, operation, and maintenance to the City Commission for approval; and WHEREAS, the governing body of the Trust reviewed and approved the Trust's budget for Fiscal Year 2019-2020 on September 3, 2019 in the total amount of $3,247,000.00, as more particularly set forth in Composite Exhibit "A," attached and incorporated; and WHEREAS, the Trust requests the approval of the budget for the Fiscal Year commencing October 1, 2019 and ending September 30, 2020 in the amount of $300,000.00 from City operating funds, $1,125,000.00 from Trust carryover funds, $2,000.00 from Trust cash with the Fiscal Agent, $50,000.00 in grants, $1,000,000.00 from the 2020 Ultra Music Festival, and $770,000.00 in anticipated revenue for a total amount of $3,247,000.00, as more particularly set forth in Composite Exhibit "A," attached and incorporated; 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 2019-2020 budget in the amount of $300,000.00 from City operating funds, $1,125,000.00 from Trust carryover funds, $2,000.00 from Trust cash with City of Miami Page 1 of 2 File ID: 6302 (Revision: A) Printed On: 1012812019 1 6302 Legislation -SUB I THIS DOCUMENT |8ASUBSTITUTION TQ ORIGINAL. BACKUP ORIGINAL CAN BESEEN AJ END OFTHIS DOCUMENT. File ID: sxoo Enactment Number: R-10-0aoo the Fiscal Agent, $5O.00O.00ingrants, $1.00O.0U0.00from the 202OUltra Music Festival, and $770,000.00 in anticipated revenue for a total amount of $3,247,000.00, attached and inoorpUnetedaaCompoaiteExhibit^A.^fortheFieca|YearoommanoingOotober1'2O19and ending September 3O.202Oisapproved and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and signature ofthe Mayor.' APPROVED AS TO FORM AND CORRECTNESS: 1 If the Mayor does not sign this Resolution, it shall become effective at the end of (10) calendar days from the date itwas passed and adopted. |fthe Mayor vetoes this Resolution, itshall become effective immediately upon override ofthe veto bythe commission. City ofxmam/ Page zora File ID: nooz (Rwwsmn:/) Printed on: /omumo/y File Number: 6303 EE= SUBSTITUTED City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING AND APPROVING THE PROPOSED BUDGET OF THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY, ATTACHED /AND INCORPORATED AS COMPOSITE EXHIBIT "A," IN THE AMOUNT OF $8,883,704.00, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2 9 AND ENDING SEPTEMBER 30, 2020, AS APPROVED BY THE MIDTO N CRA'S BOARD OF COMMISSIONERS. WHEREAS, on April 29, 2004, the Miami City Commission ("City C/mmission") adopted Resolution No. 04-0288 authorizing the City, the County, and the Midto Miami Community d the M id to u Development District ("District") (1) to undertake certain subsequent ' e ent I al measures in accordance with the Community Redevelopment Act of 1969, as a nded under Chapter 163, Part 111, Florida Statutes ("CRA Act") and (2) to enter into an interl al agreement requiring the creation of the Midtown Community Redevelopment Agency town CRA") within the District c 0 with its I/ under certain conditions to be fulfilled by the District in connec n with its intent to issue special assessment bonds for such capital improvements; and WHEREAS, subsequently pursuant to the CRA //t, the City, the County and the District entered into the original interlocal agreement, dated a of May 2004 ("Original Interlocal Agreement"); and WHEREAS, on March 1, 2005, the Boar of County Commissioners of Miami -Dade County ("County Commission") (1) approved solution No. 213-05 ("County Authorizing I Resolution") adopting a Finding of Necessit nd finding that the Midtown Redevelopment Area 10 ("Midtown Area") was qualified under t/henditions of the CRA Act for creation of the Midtown 'm CRA, and (2) delegated to the City Com ission the authority to create the Midtown CRA for the Midtown Area; and WHEREAS, corresondin�, on March 24, 2005, the Miami City Commission ("City Commission") adopted Resolutli No.05-0194 to create the Midtown CRA and on May 26, 2005 adopted Resolution No. 05-03/4 authorizing the City Manager to execute the First Amendment to the Original Interlocal AgrKement ("First Amendment") among the City, the County, the District, and the newly cre/ed Midtown CRA; and WHEREAS, a4f June 30, 2005, the City, the County, the District, and the Midtown CRA entered into th90 First Amendment; and WHEREAS,/ubsequently as of September 23, 2008, the City, the County, the District, and the Midtown C/A entered into a Second Amendment to the Original Interlocal Agreement ("Second AVendment"); and EREAS, the Original Interlocal Agreement as amended by the First Amendment and the S and Amendment (collectively, "Interlocal Agreement") requires the Midtown CRA to I c sub it its annual budget for approvals by the City Commission and the County Commission; sub it its annual WHEREAS, on , 2019, the Board of Commissioners of the Midtown Community Redevelopment Agency ("Midtown CRA Board of Commissioners") approved and adopted the Midtown CRA's Proposed Budget for the fiscal year commencing October 1, 2019 I SUBSTITUTED and ending September 30, 2020 in the amount of $8,883,704.00 through Resolution No. MCRA - R -19- , attached and incorporated as part of Composite Exhibit A; and WHEREAS, the Board of Commissioners of the Midtown CRA requests the City Commission to approve and adopt the Midtown CRA's proposed budget for the fiscal year commencing October 1, 2019 and ending September 30, 2020, attached and incorporated in Composite Exhibit A. NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY 0 MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resol ion are approved by reference and incorporated as if fully set forth in this Section. Section 2. The proposed budget of the Midtown CRA, attached and in rporated as Composite Exhibit "A," in the amount of $8,883,704.00 for the fiscal year co mencing October 1, 2019 and ending September 30, 2020 as approved by the Midtown CR s Board of Commissioners, is accepted and approved. Section 3. This Resolution shall become effective immediat/y upon its adoption.' APPROVED AS TO FORM AND CORRECTNESS: I 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 Ruau|udon, it shall become effective immediately upon override ofthe veto bythe City Commission. ,,.:. City of Miami Legislation „ resolution: R- File Number: SUBSTITUTED City Hail 3500 Pan American Drive Miami, FL 33133 NA'-w"%miamigov.com Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENTS), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE VIRGINIA KEY BEACH PARK TRUST ("TRUST"), ATTACHED AND INCORPORATED, AS COMPOSITE EXHIBIT "A" IN THE AMOUNT OF $300,000. FROM CITY OF MIAMI OPERATIN UNDS, $1,125,000. FROM TRUST CARRYOVER FUNDS, $2,000.00 FROM T ST CASH WITH THE FISCAL AGENT, $50,000.00 IN GRANTS, $1,000, 0. FROM 2020 ULTRA MUSIC FESTIVAL AND $770,000.IN ANTICIPATED VENUE, FOR A TOTAL AMOUNT OF $3,247,000. TO PROVIDE FOR TH MANAGEMENT, OPERATION, MAINTENANCE, FOR THE FI AL YEAR COMMENCING OCTOBER 1, 2019 AND ENDING SEPTEM R 30, 2020. WHEREAS, the Virginia Key Beach Park Trust ("Trust') ' a limited agency and instrumentality of the City of Miami ("City„) created purse t to Ordinance No. 12003, adopted December 14, 2000; as subsequently amended by rdinance No.12201 adopted March 14, 2002; Ordinance No.12857 adopted tober 12, 2006; Ordinance No. 13004 adopted ,lune 12, 2008; Ordinance No. 130 adopted May 14, 2009; Ordinance No. 13170 adopted May 13, 2010; and Or ance No. 13681 adopted May 25, 2017; and WHEREAS, the Trust, in cooperation wi the Department of Parks and Recreation and other City departments, is gui ed by its vision to preserve the Historic Virginia Key Beach Park property in a man consistent with the environmental health, public use, historical importance of thepa ; and the aspirations of the African American community; and WHEREAS, Section 38-237 theGode of the City of Miami, Florida, as amended, provides that the Trust all submit its annual budget for its management, operation, maintenance, andca al expenditures to the City Commission for approval; and WHEREAS, the go erning body of the Trust reviewed and approved the Trust's budget for Fiscal Year 2 9-2020 on September 3, 2019; in the total amount of $3,247,000. as set forth in Compos' e Exhibit "A" attached and incorporated; and WHEREAS he Trust requests the approval of the budget for the Fiscal Year commencing Oc er 1, 2019 and ending September 30, 2020, in the amount of $300,000.00 from the/anS770,000. Aerating funds, $1,125,000. from the Trust's carryover funds, $2,000, from the Trust's cthe Fiscal Agent, $50,000. from Grants, $1,000,000. from 2020 Ultra Music Festival in anticipated revenue, for a total amount of $3,247,000.; as set Forth inite Exhibit "A" attached and incorporated. SUBSTITUTED 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 2019-2020 budget, in the amount. of $3 300,000.00 fro the City's operating funds, $1,125,000. from the Trust's carryover funds, $2,000. from the rusts cash with the Fiscal Agent, $50,000. from Grants, $1,000,000. from 2020 Ultra Mus' Festival 0 0 00 0 from 1-0 m t 0 he f 'orus te s 0 Ultra ra M us Festival and $770,000. in anticipated revenue, for a total amount of $3,247,000. Attached nd 31 incorporated as Composite Exhibit "A", for the Fiscal Year commencing Octobe 2019 and ending September 30, 2020, is approved and adopted. .P Section 3. This Resolution shall become effective immediately u i its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: 1 If thehayor does not sign this Resolution, it shall become effective at the end of (10) calendar days fro he date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective fro upon override of the veto by the commission.