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Ordinance 78-2122 ORDINANCE NO. 78-2122 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH AMENDING SECTION 41-68 (E) OF THE CODE OF THE CITY OF MIAMI BEACH PROVIDING FOR THE ALLOCATION OF RESORT TAX MONIES TO THE MIAMI BEACH TOURIST DEVELOPMENT AUTHORITY. BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA: SECTION 1: That Section 41-68 (e) of the Code of the City of Miami Beach, Florida, reading as follows: " (e) To annually prepare and submit a budget for the expenditures of that portion of the resort tax provided for in article V of this chapter, or any future amendment thereof, allocated to the authority, as hereinafter provided. The budget prepared and submitted by the authority to the city council shall specify, with particularity, the expenditures anti- cipated and proposed to be made by the authority, and no budgetary provisions shall be made in broad or all- inclusive terms, and such proposed budget shall be in conformity with the requirements for a "line-by-line" budget. A sum not to exceed twenty percent of the total annual budget may be placed in an "Event Contin- gency Fund, " to be expended by the authority during the budget period for events and projects authorized subsequent to passage and approval of the budget, and which will occur within one year from date of authori- zation thereof. Commencing October 1, 1970, resort tax monies collected after October 1, 1970, shall be prorated, allocated and appropriated for the authority as follows: (1) If the annual fund collected does not exceed two million five hundred thousand dollars, then not less than twenty-five percent of such fund is hereby allocated to the authority. (2) If the annual fund collected exceeds two million five hundred thousand dollars but does not exceed three million dollars, then not less than forty percent of the total sum collected is hereby allocated to the authority. (3) If the annual fund collected exceeds three million dollars, and amounts to three million one dol- lars, but does not exceed three million fifty thousand dollars, then not less than forty-five percent of the total sum collected is hereby allocated to the authority. (4) If the annual fund collected exceeds three million fifty thousand dollars, then not less than fifty percent of the total sum collected is hereby allocated to the authority. (5) The monthly allocations of resort tax receipts to the authority herein provided shall be distributed and paid to the authority on or before the tenth day of the month immediately following the month of collection thereof in proportion to its approved budget; provided, however, such payments shall be subordinate to the city ' s covenants with its bondholders under its resort tax bond indenture. (6) The authority' s percentage of past due taxes shall be paid to the authority within thirty days after collected. " • OFFICE OF THE CITY ATTORNEY - 1700 CONVENTION CENTER DRIVE -MIAMI BEACH,FLORIDA 33139 be and the same is hereby amended to read: " (e) To annually prepare and submit a budget for the expenditures of that portion of the resort tax provided for in article V of this chapter, or any future amendment thereof, allocated to the authority, as hereinafter provided. The budget prepared and submitted by the authority to the city commission shall specify, with particularity, the expenditures anticipated and proposed to be made by the authority, and no budgetary provisions shall be made in broad or all-inclusive terms, and such proposed budget shall be in conformity with the requirements for a "line- by-line" budget. A sum not to exceed twenty percent of the total annual budget may be placed in an "Event Contingency Fund, " to be expended by the authority during the budget period for events and projects authorized subsequent to passage and approval of the budget, and which will occur within one year from date of authorization thereof. Commencing October 1, 1975, resort tax monies collected after October 1, 1975 shall be prorated, allocated and appropriated for the authority as follows: (1) Fifty percent of the total sum collected annually is hereby allocated to the authority. In the event the allocation of fifty percent of collec- tions to the authority exceed the amounts which would have been due the authority under the allocation for- mula provided for in Ordinance 1885, the payment of such excess sums shall be subject to the prior claims of bondholders holding bonds issued pursuant to Reso- lutions 12650 and 75-14745. (2) The resort tax receipts allocated to the authority shall be distributed and paid to the author- ity on or before the tenth day of the month immediately following the month of collection thereof in the fol- lowing manner: Twenty-five percent of the total collections for the months of October, November and December, the remaining twenty-five percent to be paid as herein- after set forth; Forty percent of the total collections for the months of January, February and March, the remain- ing ten percent to be paid as hereinafter set forth; Fifty percent of the total collections in each of the remaining months of the fiscal year; On or before August 31st of each year the portion of collections withheld and not paid during the prior months of October through March shall be distributed and paid to the authority; On or before October 31st of each year any remaining funds due to the authority from the prior fiscal year shall be distributed and paid to the authority; Provided, however, all payments shall be subordinate to the city' s covenants with its bond- holders under its resort tax bond indenture. - 2 - f OFFICE OF THE CITY ATTORNEY - 1700 CONVENTION CENTER DRIVE MIAMI BEACH,FLORIDA 33139 (3) The authority' s percentage of past due taxes shall be paid to the authority within thirty days after collected in the manner provided for current collec- tions. " SECTION 2 : All ordinances or parts of ordinances in conflict herewith be and the same are hereby repealed. SECTION 3: This Ordinance shall go into effect upon its passage in accordance with law. PASSED and ADOPTED this 3rd day of May , 1978 . Ice Mayor Attest: • c..;)2( City Clerk 1st Reading - April 19, 1978 2nd Reading - May 3, 1978 Ratified by the Tourist Development Authority - 5/18/78 - 3 - f OFFICE OF THE CITY ATTORNEY - 1700 CONVENTION CENTER DRIVE -MIAMI BEACH,FLORIDA 33139 June 1, 1978 City Manager Dodd A. Southern City Hall Miami Beach, Florida Dear Mr. Southern: At its meeting of May 18, 1978, the 'Tourist Development Authority unanimously ratified the action taken by the City Commission on May 3, 1978, to amend the City Code relative to the resort tax. Attached is a portion of the minutes of this meeting, describing the action. Sincerely, Phil Halpern Interim Executive Director rf Enc. / cc -- Ms. Elaine Matthews, City Clerk 1 S • Mr. Goodman, however, suggested a more positive approach, recommending that TDA continue giving convention business to the Americana. He suggested sending a letter to the Americana ownership, enclosing the meeting minutes on this subject, together with statistics on the volume of convention business TDA has given the Americana. Mr. Grenald handed the gavel to Mr. Jacobs in order to make the following motion: MR. GRENALD MOVED TO RECOMMEND TO WARREN ERICKSEN THAT THE AMERICANA HOTEL NOT BE USED WHEN ADDITIONAL HOTEL ROOMS ARE NEEDED TO HOUSE AREA CONVENTIONS. MR. CIMENT SECONDED THE MOTION, WITH THE AMENDMENT THAT A LETTER BE SENT TO THE AMERICANA OWNERSHIP, ENCLOSING THE MEETING MINUTES ON THIS SUBJECT, TOGETHER WITH STATISTICS ON THE VOLUME OF CONVENTION BUSINESS TDA HAS GIVEN THE AMERICANA. HE ADDED THAT THE LETTER SHOULD SUGGEST THE AMERICANA CONTACT TDA IF AND WHEN IT CHANGES ITS POSITION. MOTION CARRIED BY A 5-1 VOTE - (MR. GOODMAN - OPPOSED) . ADMINISTRATION Discussion of Executive Director position MR. JACOBS MOVED TO WRITE A LETTER TO MR. ROBERT ARONIN OFFERING HIM THE POSITION OF EXECUTIVE DIRECTOR AND LISTING THE FOLLOWING SPECIFICS: One-year contract with a 30-day cancellation clause. Salary - $37, 700, plus $1,500 auto allowance, and fringe benefits. SECONDED BY MR. KRAMER, AND UNANIMOUSLY APPROVED. Mr. Goodman requested that communications, job applicants, requests for funds, or other TDA business be circulated to all Authority members. He said members should also be informed of relevant phone conversations. Ratification of Resort Tax Amendments MR. CIMENT MOVED FOR TDA TO RATIFY THE FOLLOWING CITY COMMISSION ACTION, OF MAY 3, 1978, AS FOLLOWS: 1. Amending Resort Tax Sections of Chapter 41 .of the City Code to improve collection procedures, reduce losses, define persons of responsibility and liability and strengthen violation penalties. 2. Amending Section 41-68 of the City Code as to the allocation of resort tax collections. MOTION SECONDED BY MR. JACOBS AND UNANIMOUSLY APPROVED./� TDA Minutes Page 3 May 18, 1978 • oc +1 o : cn N (D o a) N4-- -0 O N OU N L) - X N m (D I _I 00 C) Z ^L •00 O — O'O to Z I 4) O W () 4- Z C 0 < O Z •- C — +_, O 4=1U.— N a-+ O N (p U O O C r- L (L) Q) E L < 1�