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LTC 464-2019 Lincoln Road Business Improvement District (LRBID) Annual Report & Budget for FY 201920City of Miami Beach, 1700 Convention Center Drive, Miomi Beoch FL 33139 LTC# 464-2019 LETIER TO COMMISSION TO: Mayor Dan Gelber and Members o the Cit FROM: Jimmy L. Morales, City Manager DATE: August 21, 2019 SUBJECT: Lincoln Road Business lmproveme t District (LRBID) Annual Report & Budget for FY 2019/20 The purpose of this Letter to Commission (LTC) is to provide the Mayor and City Commission with the 2019 Lincoln Road Business Improvement District (LRBID) annual report and fiscal year 2019/20 budget. On April 15111 , 2015, The Mayor and City Commission of the City of Miami Beach adopted resolution No. 2015~28992. This resolution created a special assessment district known as the Lincoln Road Business Improvement District ("LRBID"), for a period of 10 years to assist in stabilizing and improve the Lincoln Road business district. During 2018/2019 the LRBID focused programming·and communications towards Miami Beach residents and visitors. The LRBID Implemented a more robust media campaign to increase online and social media presence. The LRBID hosted pop-up concerts and performances featuring jazz, blues, pop and culturally themed. The LRBID approved the budget for FY20 on August 8111 , 2019. The budget includes a plan to expand the term for an additional five years, increasing the area covered and assessments to the current LRBID members. Should you have any additional questions, please contact Adrian Morales at 305.673.7000 ext. 22932. ~ JLM/MT:ti:A LINCOLN RD August 8, 2019 Honorable Mayor & City Commissioners City of Miami Beach City HaH 1700 Convention Center Drive Miami Beach, Florida 33139 Honorable Mayor & City Commissioners, On April15, 2015, the Mayor and City Commission of the City of Miami Beach (the City) adopted Resolution No. 2015-28992, creating a special assessment district to be known as the Lincoln Road Business Improvement District ("LRBID"), for a term often (10) years, to stabilize and improve the Lincoln Road retail business district. On November 2, 2105, the City and the LRBID entered into a Memorandum of Understanding ("MOU"). Section 8 of the MOU requires the LRBID prepare and submit to the City Commission a budget accurately itemizing all estimated revenue and expenses fot· the succeeding fiscal year beginning October 1. Section 8 further states the City Commission's review of the LRBID budget shall limited solely to a determination of the legality of the expenditures. On August 8, 2019, LRBID Board of Directors unanimously approved the LRBID budget for the fiscal year beginning October 1, 201.9 and ending September 30, 2020. Attached please find a copy for your review. Respectfully, Executive Director cc: file en c. 305.600.0219 Office 305.517.1307 Fax 1620 Drexel Avenua1 Suite 100 Miami Beach, FL 33139 Lincoln Road Business Improvement District, Inc. LlncolnRd.com I LRBID.com LR.BID FY 2019/2020 Operating Budget Lincoln Road Business Improvement District Operating Budget Fiscal Year 2019/2020 -1 - Lincoln Road Business Improvement District Operating Budget Fiscal Year 2019/2020 Table of Contents I. BID Members II. Introduction Ill. Budget Summary IV. Operating Budget VI. Organizational Chart -2 - Board of Directors, Steven Gombinski, President Lyle Stern, Vice President Mindy Mcilroy, Treasurer Howard Herring, Secretary Ben Brody; Executive Committee Member at Large Glenn Boyer Albert Cohen Thelma Deutsch David Herzberg Melvyn Schlesser David Tomek Executive Director Timothy F. Schmand Legal Counsel Michael Llorente, Esq. Llorente & Heckler, .P.A. City of Miami Beach Liaison Adrian Morales - 3 - Introduction July 9, 2019 The Road Lincoln Road is an iconic arts, entertainment and retail district, located in the heart of Miami Beach, Florida. Created in 1912, by developer extraordinaire Carl Fisher, as the 51h Avenue ofthe South, and reimagined in the early 1960s as a grand pedestrian boulevard by local architectural luminary, Morris Lapidus, Lincoln Road is far and away the most engaging, walkable, urban half-mile In southeast Florida. Featuring shade trees, follies and fountains, arts, cultural and performance institutions, as well as over 250 designer boutiques, cafes restaurants, and national retail stores. Lincoln Road serves as a journey and a destination for residents and tourists, alike. The Lincoln Road Business Improvement District (BID) shares a district with the Miami Beach Convention Center and the Fillmore Miami Beach at the Jackie Gleason Theater (District), and Is home to: · • the New World Symphony, America's Orchestral Academy; • the historic Colony Theatre managed by Miami New Drama, whose cutting-edge theater entertains and challenges audiences; • Florida International University's Miami Beach Urban Studios (MBUS}, a "collider" for people and ideas in arts, design, technology and the sciences; and • Oolite Arts a small collection of studios and gallery spaces for artists, whose arrival on Lincoln Road in the 1980s (as the South Florida Art Center) signaled the Road's rebirth. The BID The BID is a not-for-profit corporation, created by the City of Miami Beach pursuant to Florida Statutes, Chapter 170 and approved by majority vote of affected property owners In a· special election held from June 19, 2015 through July 24, 2015. On September 30, 2015, the Miami Beach Mayor and City Commission passed Resolution No. 2015-29145 approving the final assessment roll for the BID and confirming such assessments as legal, valid and binding first liens upon the property against which such assessments are made until paid, The BID commenced operations in October of 2015 with the purpose of stabilizing and improving the Lincoln Road retail business area, which is located in a nationally recognized historic district, through promotion, management, marketing and similar services by: (i) representing and advocat!ng for property and business owners within the boundaries of the district; (ii) promoting and encouraging the continued developme~t of a diverse, vibrant and pedestrian friendly Lincoln Road mixed-use neighborhood, thereby providing a dynamic setting for businesses, the visiting public, arts and entertainment, as well as area residents; (iii) serving as a cultural and civic hub for the community and -4 - fostering a sprrit of cooperation and maintenance of high standards of quality among its members; and (lv) bringing transformatlve projects into the district. During FY 2018/19, the BID focused programming and communications on the Miami Beach residential audience. An inqication of the BID's success, and that of Lincoln Road, Is demonstrated in the City of Miami Beach's resident survey, conducted by the ETC Institute on the City's behalf between January and March of 2019. The purpose of the survey was to survey local City residents to assess their satisfaction with the delivery of city services and to gather input about City priorities. Lincoln Road ranked highest among all of the City's districts, with 60% of respondents identifying it as one of their top four destinations (the next highest attracted only 34%), and 85% of respondents indicated that they visited Lincoln Road at least once a month. Combined with the statistics demonstrating that one out of every two visitors to Greater Miami visit Lincoln Road, this survey demonstrates the essential role Lincoln Road plays in the lives of both Miami Beach residents and our visitors, and its importance as an economic engine for the entire south Florida community. The BID changed media relations agencies FY 2018/19 and Implemented a more robust media relations campaign. The BID developed an enhanced website, which provided metrics allowing for better messaging; utilized targeted social media pushes; used outdoor advertising; and engaged with other agencies and organizations, targeting desirable markets for Inclusion in the BID's message. The BID's marketing efforts in FY 2018/19 resulted in: • 208 million .views in its transit campaign (billboards, trolleys, Metromover and bus benches, as certjfied by OutFront Media); • 11.3 million impressions with 30.400 clicks on online Google ads; • 47,710 website visits, with a #2 Google ranking; • Social media growth to 23,607 connections, translating into 147% growth, and • A number 2 ranking on TripAdvisor for Miami Beach, with 17,021 reviews and an 89% excellent rating. Additionally, in the past year, the BID hosted: • Sixty (60) Saturday and Sunday afternoon and evening concerts and performances, featuring jazz, blues, pop, drag-queens and representatives of Miami's Caribbean parading tradition; • Ten (10) New World Symphony events, ranging from Post-WALLCAST® traditional orchestral performances to a Beatie's Tribute Pop-Up on the 50 1h anniversary of the Fab Four's last live concert, featuring two string quintets atop the Herzog & de Meuron parking structure at 1111 Lincoln Road, playing 17 Beatles tunes, which received local, national and worldwide media coverage; • Seven (7) Saturday afternoon children's programs from February through May, including puppets and mimes, a musical petting zoo and Drag Queen story telling; -5 - • Seven (7) chamber music concerts featuring the South Beach Chamber Ensemble; • Eight {8) Tango Milongas, where the general public was g1ven instructions and the opportunity to dance and watch Tango; • A spectacular Holiday Celebration, from November through January, which featured: o A 30~foot Majestic Mountain Pine, Double Strung, Christmas Tree; o Lincoln Road's longstanding traditional shell Menorah, which the BID helped sponsor financially; o Santa's Cabana, an lnstagrammable moment celebrating the best of the Miami Beach holiday spirit with a Tropical Santa and more than 17,000 photos assists taken by Lincoln Road Ambassadors; and o Lincoln Road's "first" annual tree lighting ceremony, .complete with carolers and a Tropical Santa, as well as other perfonnances throughout the season. The BID also: • Hosted, sponsored and coordinated numerous pop up events, including Cars, Bars & Cigars: Father's Day Car Show, 3rd Annual Mal<e Music Day, Pioneer Winter Collective's Seven to the Seventh dance performance, and a July 3rct pre- Independence Day Pop-Up Concert featuring 65 musicians and six opera singers; • ·continued sponsorship and support of the South f?.each Jazz Festival, Miami Beach Gay Pride, Light the Night and the Colony Theatre; and • Continued hosting free twice weekly free yoga on Sundays and Wednesdays, Tony Thomas's boot camp on Mondays, Lincoln Road Walking Club on Tuesday morning, Zumba (sponsored by Baptist Health South Florida) on Tuesday evenings, mat Pilates on Saturday mornings, and the monthly Yappy Hour for Lincoln Road's four.legged visitors and their human companions. Part of our mission is'to ensure Lincoln Road is clean, safe and welcoming. To that end the BID: • Managed the Block by Block contract that provides 264 hours of Ambassador services weekly on Lincoln Road, which include cleaning, maintenance and customer service. Over the past twelve months The Ambassadors have logged over 66,213 contacts with Lincoln Road's visitors . • The Plan ·On July 3, 2019, the Lincoln Road BID Board of Directors passed Resolution 18- 19-11, expressing its support for the City to implement the full James Corner Field Operations Lincoln Road District Master Plan. To protect the City's significant -6 - investment in the Lincoln Road District and solidify Lincoln Road's reputation as a significant arts, culture, and performance district, the BID Board of Directors expressed its desire to: · (I) expand the term of the LRBID for an additional five years; (ii) increase the area covered by the LRBID to include, at a minimum, Lineal~ Road from Collins Ave. to West Ave. and to include additional side streets; and (iii) increase the assessments to current LRBID members by approximately twenty-five percent (25%) and consider alternative_ methods of assessment. These modifications to the BID would generate approximately $16,500,000 of additional revenue over the next ten (10)years, allowing the BID to place even more focus. on arts, culture, and performances on Lincoln Road. An expanded BID would allocate up to . $2,000,000 annually for each of the n~xt 10 years, most of which will be invested in robust arts and music programming, both directly and through sponsorship programs on Lincoln Road. Direct programming would include dance and music, performance art and sculpture Installations (lnstagrammable) and seasonal activations conducted by the BID, as well as support for holiday programming and lighting. Sponsorships in the Lincoln Road pistrict would continue, such as the LRBID's sponsorships of the New World Symphony, South Beach Jazz Fest, Miami Beach F>ride and the Colony Theatre. The BID is committed to program activities at a higher cultural level. The expanded BID will engage professionals and work with art museum directors/curators, the New World Symphony and others with an expertise in public art, performance and the creation of cultural spaces to develop cultural programming on Lincoln Road. The FY 2019/2020 BID budget builds upon the success of Fiscal Year 2018/2019, focusing on increasing Lincoln Road's contributions to pur community. BID funds will be used to support programming of the highest quality and the marketing of those programs to our greater Miami Dade Community, as well as nationally and internationally through online and social media channels, traditional media and other advertising. The BID will continue its close and cooperative relationship with the City of Miami Beach, and will produce and promote outdoor activations of the highest quality to keep the excitement level high on Lincoln Road. In FY 2019/2020 the BID will: • Engage the services of a business improvement district planning consultant to assist in identifying the means and methods for the new expanded LRBID; • Engage the services of a cultural planning professional to help the BID identify strengths and opportunities for the future, and to provide a framework through which Lincoln Road can be further activated as an arts, entertainment and cultural district; - 7 - • Host an exhibition of ten to twelve (1 0 -12) Fernando Botero monumental sculptures from the Gary Nader Art Centre, and develop programming around the installation; • Continue holiday traditions developed in FY 2018/2019; • Celebrate new openings on Lincoln Road; • Host cultural celebrations of the highest caliber; • Play a role in in all of the region's events, including Art Basel and Super Bowl LIV; • Continue marketing and advertising efforts focusing on the cultural assets of the Lincoln Road District, including: • The Miami Beach Convention Center; • The Fillmore at Jackie Gleason Theater; • The New World Symphony, America's Orchestral Academy; • The historic Colony Theatre; • Florida International University's Miami Beach Urban Studios; and • Oolite Arts a small collection of studios and gallery spaces for artists, whose arrival on Uncofn Road in the 1980s (as the South . Florida Art Center) signaled the road's rebirth. • . Continue efforts with the City of Mrami Beach to implement the James Corner Field Projects Lincoln Road Renovation; • Continue the care and maintenance of the Lincoln Road brand; • Continue its wellness programs, which engages both residents and visitors. • Assist tenants and owners with activations on Lincoln Road; • Continue its cooperation with the City of Miami Beach to plan, promote and coordinate Lincoln Road's annual Halloween celebration, as well as enhanced decorations for the December holidays; • Continue providing free, community inclusive celebrations for Miami Beach's residents and visitors; and • Continue its work with Miami Beach Gay Pride for the Light the Night Campaign and its volunteer thank you party and its sponsorship supporting the South Beach Jazz Fest and the Colony Theatre. The Board and our staff are pleased with the BID's progress since its inception and look forward to further growth and improvement in FY 2019/2020. Questions about the Lincoln Road Business Improvement District and its programs may be directed to the Lincoln Road BID's ma11agementoffteat 1820 Drexel Avenue, Suite 100, Miami Beach, Florida 33139. - 8 - BUDGET SUMMARY -9 - . "'. ... , ..... ~ .... -·---~-.,..... ~-·· ..... __ .. ~· -~· ·-·---"·""-----·-·· . Oct·19 ' ·~3T,708 $ 475,412 • aa;,ma s 237.70G $ 2:$6.707 • 13333 $ tnn $ 4&a,T.f5 2&1,0311 $ • I ! I I I I 17JIIl7 • 11,3113 • l1,3ll3 $ 17,31il • l1,3ll3 • 17,383 $ 17.3B3 $ 17,383 • 17,393 $ 17,383 $ 17,j83 • 17:383 • :!08,600 776 $ 6,600 $ 775 t $ 7'15 i $ 776. $. $ 176 • ' 175 $ $ 10,250 85,000 $ 10.000 • !0,000 • !O,OOU • 10,000 $ 10,0oo $ 10.(IQU $ 10,000 $ 10.000 ' 10,000 $ 10,000 $ 10.000 $ 19&,000 61!11 $ 650 $ fiOO $ t3,300 • &50 $ 550 $ 650 $ 650 $ 650 J aoo ' 650 $ 550 l 19,300 79.387 $ 1011,876 49,8&1 • 49,650 s 49,850 69,aso $ 85,3l!O ·' 49,850 • 38,800 ~~.500 $ 42,800 38,8QO $ 65a,s'ez $ 2,50Q • $ 2,000 $ $ • $ $ ' 2,000 $ 6,500 260 • 2GO 260 ' 250 ,200 280 $ 1!50 $ 280 $ 280 ' 1!50 $ aao • a eo $ $,120 120 • 120 120 $ 120 $ 1211 $ 120 $ 120 I 1211 $ 120 $ 120 • 1,440 3',500 $ . uso 3.500 $ MSO $ 3;000 $ 3,680 $ 3,680 • MOO $ 3,580 $ 3,680 • 12,960 $ $ ' $ $ 5,750 $ $ ' $ T,160 $ $ • $ $ $ $ $ $ 70 $ 7() $ 70 $ ro $ 70 $ $ ' $ $ ' '$ $ 4MS5 $ $ • • • ' $ $' $ $ • $ $ -10 - OPERATING BUDGET -11 - Lincoln Road BID: Notes to Proposed 2019/2020 Operating Budget BUDGET DETAIL • 2019/2020 LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT BUDGET (_ __ Oct-19! Nov·19 Dec•19 Jan•20I Fob•21> Mar·201 Apr-201 May·20l Jun·20l Jul-201 Auo·201 Sep-20 Budg~t !--··-. ;:;:~~~9TIIX =:.:.-=j.:::. .. ~~ .·~~·:~:-=--=~~-.·~:.L::_ ...... '" +--.. ·: .. .. I . -; ......... +··· ..... j'· ....... .. .... ··- __ ,... AsseeasmentFeestTaxes _ t ____ .. l -........ '"----r-··--·1---.. ·-·r---··-i ---.. f-:-:-7:7::::-::- 3160 Assessments ____ $: 2:17,700 $ 475,412 $ 237,700 $237,700 $ 2~6,707 $ • $ -s $ • l $ . •. $ • $1,425,237 3100.01 Reimbursements $ • 3160.02 Deferred Revenue r-::Sc-,~,.. 31SO.Ol 2018-2019 Surplus $ 7t;.OOG $ 75,000 3160.04 MB Block by Block Support $ t3,333 $ 13,333 t 13,333 $ 13,334 $ 13.333 $ 13,334 $ 13,333 s 13.334 $ 13,331 s 13,334 t 13,333 $ 13,333 $ tao.ooo i Tofat Revenues $ 32Jl:,tl39J $ 4!1817461 $ 2!J1,03S $261.040 ( $ 250,040 l $ 13,3341$ 1!h333( $ 13,3341$ 13,333 f $ 13t3J41 $ 1:J~J33I $ 13,a:33 $1.660,237 t:== --·-·---··---L. ___ l ___ __L ___ ,_...:_ ____ . ._.L ·-·--L·----'-·~·-·-.i... __ _: ___ . ---.L·~-........L.., .... ~L ... _._ -12 - Revenue 3160 Assessments: $1,425,237. The amount approved pursuant to Chapter 170, Florida Statutes, and approved by majority vote of affected property owners in the special mail ballot election held pursuant to City of Miami Beach Resolution No. 2015-29026. 3160.01 Reimbursements: proposed $0. 3160.02 Deferred Revenue: proposed $0. 3160.03 FY 2018/2019 Surplus: proposed $75,000. FY 2018/2019 surplus funds would be used to fund an LRBID expansion consultant. 3160.04 Miami Beach Block by Block: proposed $160,000. The annual amount the City of Miami Beach has contributed for the Block by Block Ambassador services on Lincoln Road. -13 - j Lincoln RQ~~ ~10: Notes to Propo~l!'d 201912020 9p_eratlng Budget ...... BUDGET DETAIL ·101!1/%020 -------t7'::0o;;l;;'·1~0'"f'N:'.:ov':·f.19"-;.!!.!<o~l_ll J•l!"20 Ftl>-20 MaMiif Ap~2Gl Moyo20l Juo•IO[ .iiif.iW~J----a.p:io ___ aiiroi ---------1' tMCO f IO,OQO f 10.000 f !O.OQO l fOJIOQ f lt,lii:O f 10JIOQ $ 10.000 $ IOJIOO t IOJIOO" $ IOJIOO f WJIOO _, __ 121MOO ;:::=-:--------!I ~,$11 $ l,~U t 4~U $ .l,lU t f~U I MU S 4.AI» $ 4.&U $ f.l4J f 4M3 $ ~~13 f 4643 $ 66 oo $ f f t t I I I It If$ ="""''--------!$ Uoo $ 1,2110 t ~,too t 1.200 $ 1.%00 I 1200 1 1)00 $ 1~<111 t 1)00 I 1)00 I I~Cil I UooHI~--;1~;-it~Oo;i "---------!1 1.2511 t l.nt l I,UO I 1.250 I 1.%10 t U!O t !,no ' 1,7f!l t 1.250 i 1,210 f 1~10 f U60 I 16,0<10 I ·t t I I t $ t I l I i m 71& i j ) I 711 t 71& =-~------lo-,r"'re;-r.c...:;::~::O:=-o..--::n'-•'rl--':.......~:-:,'::,,cr.--.·~-m : I I t I • ·, t .• f t 117,15<11 I ~~~-----P.~~~:~:-: :;~:~~:?.::~:~,7~~~·:~:T:~~:~:~:~7.::~~~~~ • 10.000 l IOJIOQ • 30.000 t a,1oo • MilO 1 t,tllll i ~.too • ~.too J •,too • ~too t,teo ·t 3~.416 $ 2MT4 l 1$~11 $ 1$.071 l 10.011 I 1$~71 t 1MT1 t,liOO ~· ' 2.000 I &oo ' , .... ... 00 • ! I • • -. ·• .~ ' • • I(~ • ••• ' lllO • 12'0 t;o Uo I ___ .....,__ _____ t .. Ill<! ·' 205 * aoa t. • 3.t60 ' _,,m I t Us I 11$ • I lUll I :t.$1f!l * i ! • • 1,11® ,I * •• l,ii9 • • IAOO I I r.m' • ~-.. ~-71 r. ·J 7t -· 70 10 t 70 ~~ 10 10 ·-s~ MOO •.coo 4,000 6,000 11.000 . ...,. MOO i.Qoo • f ~~ T,Sll t 5POO t s.ooo s 1,000 t .Moo $ 5,000 t $JIOO t MOll $ 0,<10<! I. 1.000 I uo ... m $,000 Moo MOO ·I 16,000 t 15,000 I 15JIOO ' 1&,000 $15,000 $1&Jl<io I 15,GOII $'1G,Il® I. l&POO I 11.000 . _. a eo 11&!1 1160 ItO eeo I Gila ... ••o • •• ... 000 illl<l 1100 000 900 i<XIt 000 .-900 • 40.000 •.oo•. • ~.000 ' • ' $ ' . I • . I 2•.150 I 1<,160 • ~5,21(1 14 ,. I I ' . • ' • • 'iw· • ,.. t 210 I ••• m 114 &,000 t ~.m t1MOO ItO ·teo 400 II® • • • • * • s ' $ I I 20.2M $ IIllO I uoo 10,1$0 m,o.o 81!1111 ••• 00000 3150 = aUoGei'i)£fAiL-zot9/2020 ··~·~ -· -·~~·-·~~ i 300 $ 30(! s 300 $ $ 300 $ $ $ $ $ $ $ $ $ $ • ' $' 75 $ $ $ $ $ ' $ $ $ s $ .$ $ $ $ s $ 760 $ $ 2,00<1 $ • 2.000 • $ $ $ • $ $ $ 25 ' 26 25 $ 25 $ 25 t 25 $ 26 5 25 • 26 s 25 $ 25 6 ' ll IS $ II $ 5 $ $ $ • $ $ 16 ~ 16 1S $ 1S $ 15 $ 1G $ 15 $ 15 • 16 $ 15 $ $ $ • 650 $ •• $ $ $ 1,500 $. . $ $ t $ • $ $ 1116 ' $ $ $ $ * $ ' 800 $ $ $ $ $ $ $ $ aoo s $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ -15 - Ex pens!,! §130 Payroll {see below} 5110.01 Payroll Fess & Expenses: proposed $4,200. These funds will be used for the services of TriNet, the LRBID's payroll company. 5111 Executive Director:· proposed $120,000. The Executive Director provides overall management for the LRBID. 5112 BID Administrator: proposed $55,000. The BID Administrator works at the direction of the Executive Director and provides operational and organizational management for discreet portion 'of the BID's activities and projects. 5116 Compensated Absences~ proposed $0. The funds would be used in the event of.an employee who is owed hours leaving the BID 5121 Payroll Taxes:. proposed $14.400. These funds will be used for the payroll taxes ofthe.LRBID employees. 5123 Health Insurance: proposed $15,000. These funds will be used to pay a portion of the health insurance costs of the LRBID employees, including the. Executive Director's allowance for health, dental and vision insurance of $7,200 annually. 5123 Workers ComP.~ proposed $0. This expense is covered through TriNet the LRBID's payrolling company. 5130 Office Experses (see below} 5130.1 Meeting Expenses~ proposed $4,650. These funds will be used for expenses associated with LRBID Board and Executive Committee meetings, as well as other meetings as needed. 5130.1 Meeting Expenses: proposed .$5,600. These funds will be used for expenses associated with the annual meeting of the LRBID. ~131 Professional Services {see below) 5131.01 Consulting Fees:, proposed $75,000. These funds would be used for an LRBID expansion -16 - consultant. 5131.02 Legal_ Fees & Government Affairs: proposed $120,000. These funds will be used for retaining legal counsel for the LRBID. 5132 Professional Accounting Fees {see below) 5132.01 Annual Report: proposed $0. These funds would be used for the development of an annual report. 5132.02 Audit & Tax Preparation Fees: proposed $12,750. These funds will be used for preparation ofthe annual audit and the LRBID's tax return. 6132.03 Accounting Consulting Fees: proposed $6,600. These funds will be used for monthly support from an accounting professional fa~ management of the LRBID's finances. 5134 BID S~rvices& Programs (see below} ,5134.01 Janitorlgl Servi~ proposed $0. These funds would be used for a janitorial service provider if required by the LRBID. 5134.02 Landscaping and Grounds: proposed $0. These funds will be used for a landscaping and grounds maintenance provider if required by the LRBID. 5134.03 Ambassador Services 6134.12 Block by Block:. proposed $353,550. These funds will be used to provide 264 hours of weekly Ambassador services on Lincoln Road, half of which is funded by the City of Miami Beach. Services include cleaning, maintenance and customer services. 5134.13 Uniforms: proposed $0. Pursuant to the contract with Block by Block, that firm is responsible for the uniform expense for the lincoln Road B[D Ambassadors. 5134.04 Grounds Decorative: proposed $0. These funds will be used for a decorative landscaping should it be required by the LRBID. 5134.05 Grounds Event: proposed $0. These funds will be used for a grounds event preparation should It be required by the LRBID. 5134.06 Grounds Signage/Banner: proposed $30,000. These funds will be used for to maintain -17 - art on Jersey Barricades and for pole banners in the Dlsfrict. 5134.07 Grounds Holidayr, proposed $30,000. These funds will be used for the storage, installation and removal of the LRBID's holiday tree ($7,000 annually), purchased in 2018, as well as lighting and other holiday activations. 5134.08 Grounds Holiday lighting: proposed $0. These funds will be used when necessary for additional holiday lighting in the District. 5134.09 Vacant Storefront= proposed $25,200. These funds will be used for the wrapping of vacant storefronts in LRBfD themed graphics. 5134.10 Event Production: proposed $190,112. These funds will be used for art installations, activations and performances in the LRBID, weighted toward Halloween and the "season,., with less programming in the warmer months. 5134.11 Rentals & Talent: proposed $0. These funds will be used for equipment rental and talent fees as needed. 5134.12 Contingency: proposed $24,000. These funds will be used for unfore&een expenses. 5140 Travel and Entertainment (see below) 5140.01 Travel: proposed $6,000. These funds would be used for business related travel by the LRBID. 5140.02 NADO: proposed $0. These funds would be used for a janitorial service provider should It be required by the LRBID. 5140.03 IDA: proposed $500. These funds would be used for the annual dues for membership in the International Downtown Association (IDA). 5141 Communication Services {see below) 5141.01 Email Fax Services: proposed $0. These funds would be used for an email fax service provider should it be required by the LRBID~ 5141.03 Cell Phone: proposed $0. These funds will be used for cell phone services should it be required by the LRBID. -18 - 5141.04 Tefephoneflnternet Services: proposed $3,120. These funds will be used for internet and landline services to the LRBID's offices. 5142 Postage and Deliveries (see below) 5142.01Postage & Deliveries: proposed $1.440: The funds will be used for the LRBID's postage and delivery needs. 5144 Rentals and Leases (see below} 5144.01 Equipment Leases: proposed $2.460. These funds would be used for lease of the LRBID's copier, printer and fax machine. 5144.02 Rent Exnenses: proposed $39,000. These funds will be used for office leasing. 5144.03 Eguiwnent and Software: proposed $1,500. These funds will be used for annual fees associated with QuickBooks, Google Suite, Mail Chimp, Drop Box and Apple Storage. 51451nsurancf:t.§xpense (see below} 5145.011nsurance/Officers & Directors: proposed $1,000. These funds would be to acquire Officers & Directors Liability Insurance for the LRBID. 5145.02 Liability Insurance: proposed $4,750. These funds will be used to acquire Liability Insurance for the LRBID. 6145.03 Premises Insurance: proposed $1,400. These funds will be used to acquire premises insurance for LRBID office, as required by lease. 5146 Repairs and Maintenance (see below) 5146.01 Repairs a!).cf. Maintenance: proposed $0. These funds would be used for equipment repairs in the event the LRBID acquires equipment. 6147 Printing and Reproduction #)147.01 Printing and Reeroduction: proposed $830. These funds would be used for the LRBID's printing and reproduction costs of business cards and invitations. 5148 ~arketing & Advertising (see belowl 5148.01 Website Maintenance: proposed $0. These expenses are included in line item 5148.09. -19 - 5148.02 Sponsorship: proposed $0. These funds will be used for future sponsorships subject to the approval of the LRBID. 5148.03 Public Relations: proposed $60,000. These funds will be used for public relations and related services for the LRBID. 5148.04 Promotions: proposed $0. These funds will be used for promotional activity for the LRBID's offices. 5148.05 Production & Desrgn: proposed $0. These expenses are included in line item 5148.09. 5148.06 Printing.~ proposed $33,350. These funds will be used to print brochures, flyers and other materials for the LRBID. 5148.07 Misc. Proiect Exgenses: proposed $0. These funds will be used for project expenses. 5148.08.Event Production: proposed $0. These funds will be used for event production in ~he future. 5148.09 Agency Retainer: proposed $60,000. These fu'nds wilf be used for advertising, design and creative services from a creative agency for the LRBID. §_148.10 Advertising Outdoor and Other: proposed $180,000. These funds will be used for advertising expenses, whether billboards, bus-wraps or other, to promote Lincoln Road as a destination . . 5148.11 Advertising Online: proposed $0. These funds will be used for online advertising 5148.12 Advertising Print Madia: proposed $11,520. These funds will be used for print adve.rtising to promote Lincoln Road as a destination. ,5148.13 Grag~ic Design: proposed $0. These expenses are included in line item 5148.09. 5148.14 Social Media: proposed $3,000. These funds will be used to boost social media posts, promoting Lincoln Road as a destination. 5148.15 Phqtography: proposed $0. These expenses are included in line item 5148.09. 5148.16 Video Production: proposed $0. These expenses are included In line item 5148.09. 5148.17 Pedestrian Counters: proposed $40,000. These funds will be used for the annual cost of -20 - the Motionloft pedestrian counters located on and adjacent to Lincoln Road. 5148.18 New World Symphony: proposed $49,500. These funds will be used for NWS Concerts on Lincoln Road, with payments going to NWS Fellows and sound and light crew. 5148.19 South Beach Jazz Fest: proposed $20,000. These funds will be used to support the South Beach Jazz Fest. 5148.20 Colony Theatre: proposed $20,000. These funds wil! be used to support the LRBID's annual sponsorship of the Colony Theater on Lincoln Road. 5148.21 Gay Pride: proposed $20,000. These funds will be used to support the LRBID's annual sponsorship of the Gay Pride activities. 5151 Office Supf2lies {see below} 5151.01 Office §yp[2Jies: proposed $1 ,500. These funds would be used for office supplies required by the LRBID, inclu'ding but not limited to paper, paperclips, pens, coffee, tea and cleaning materials. 5152 Other Expenses (see below) 5152.01 Parking & Auto Expense: proposed $3,600. These funds would be used for parking expenses for LRBID employees. 5152.02 Business Licenses & Permits: proposed $400. These funds will be used for annual business permits and licenses required. by the LRBID. ~1452.03 Florida Dept of State Annual Report: proposed $75. These funds will be used for the filing costs of the LRBID's annual report to the State of Florida. 5152.04 Certificate of U§e: proposed $0. These funds will be used for a certificate of use, should it become necessary far the LRBID's offices. 5152.05 Membershipsjtnd Subscriptions: proposed $4,750. These funds will be used for additional memberships and subscriptions. 5152.06 Egyjpment Rental: proposed $0. These funds will be used for equipment rental. §152.070 Bank Service Charges:, proposed $300. These funds will be used bank seiVice . 5152.071 Asse~sment Management Fee to City_;, proposed $25. These funds will be used for City -21 - of Miami Beach assessment management process. 5152.072 Wire Transfer Fees to Cit¥: proposed $180. These funds will be used for to pay assessment transfer fees the City of Miami Beach charges the LRBID. 5152.08 MB Chamber of Commerce: proposed $650. These funds will be used for annual membership in the Miami Beach Chamber of Commerce. 5_152.09 Greater Miami Beach Hotel Associatjon: proposed $1,500. These funds wiH be used for annual membership in the Greater Miami Beach Hotel Association. 5152.10 Greater Miami Visitor and Convention Bur~au: proposed $575. These funds will be used for annual membership in the Greater Miami Visitor and Convention Bureau. 5152.11 South Florida Concierge Association: proposed $650. These funds will be used for annual membership in the South Florida Concierge Association. 5152.12 Ga¥ and Lesbian Chamber of Commerce: proposed $600. These funds will be used for annual membership in the Gay and Lesbian Chamber of Commerce . .§.159 Depreciation n/a 5172 Interest Expenses n/a -22 - ORGANIZATIONAL CHART -23 - LRBID ORGANIZATIONAL CHART DAVIDTORNEK Board Mombar LVLESTERN VIce President DAVID HERZBERG Board Member STI!VI!N GOMIIINSI<t President MINDY MCILROY Treasurer HOWARD HERRINd Secretary TIMOTHY SCHMAND Exocutlva Director ~-- NATALIE MEJIA BID Administrator -24 - GLENN BOYER Board Member BEN BRODY Mambar at Large THELMA DEUTSCH Board Member