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Resolution 2020-31310 RESOLUTION NO. 2020-31310 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE MIAMI BEACH VISITOR AND CONVENTION AUTHORITY'S ("MBVCA") JUNE 3, 2020 RESOLUTION TO REDUCE ITS REQUIRED ALLOCATION OF RESORT TAX MONIES BY FIFTY PERCENT (50%) FOR FY2021 IN RECOGNITION OF THE IMPACT OF THE COVID- 19 PANDEMIC ON THE CITY'S FY2021 BUDGET, AND APPROVING THE FIFTY PERCENT (50%) REDUCTION OF THE MBVCA'S REQUIRED ALLOCATION OF RESORT TAX MONIES FOR FY2021, PURSUANT TO SECTION 102-253 OF THE E CITY CODE. WHEREAS, the Miami Beach Visitor and Convention Authority (MBVCA) was created pursuant to Chapter 67-930 of the Laws of Florida, and Sections 102-246 through 102-254 of the City of Miami Beach Code; and WHEREAS, the MBVCA's mission is to proactively recruit, develop, and financially support and partner with events, festivals, programs and activities that are innovative, high quality and representative of our City, which garner positive and or noteworthy media awareness, which enhance and augment the reputation of Miami Beach and the experience for tourists, year-round and significantly impact our local hospitality and culinary business; and WHEREAS, the MBVCA is a seven member authority, appointed by the City of Miami Beach Commission, with the goal of encouraging, developing and promoting the image of Miami Beach locally, nationally and internationally as a vibrant community and superb tourist destination; and WHEREAS, the MBVCA strategically focuses its funding investments in a balanced manner, fostering outstanding existing programs, stimulating new activities, and encouraging partnerships; and WHEREAS, the MBVCA is committed to a careful, long-term plan for allocation of resources to build the uniqueness of Miami Beach as ones of the world's greatest communities and tourism destinations; and WHEREAS, pursuant to its enabling legislation, as set forth in Sections 102-246 through 102-254 of the City Code, five percent (5%) of the two percent (2%) Municipal Resort Tax ("Resort Tax") monies collected by the City shall be allocated to the MBVCA each year, with the MBVCA's budget for each fiscal year further subject to approval by the Mayor and Commission; and WHEREAS, pursuant to Section 102-253 of the City Code, any modification to the required allocation of Resort Tax funding for the MBVCA is subject to approval by an affirmative vote of a majority of the members of the MBVCA, in addition to the affirmative vote of a majority of the members of the City Commission; and WHEREAS, in recognition of the impact of COVID- 19 on the City's economy and the adverse impact to the City's FY 2021 budget, on June 3, 2020, the MBVCA Board unanimously approved a Resolution accepting a fifty percent (50%) reduction of its Resort Tax allocation for FY 2021, a copy of which Resolution is attached to the Commission Memorandum accompanying this Resolution. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby accept the MBVCA's June 3, 2020 Resolution to reduce its required allocation of Resort Tax monies by fifty percent (50%) for FY2021, in recognition of the impact of the Covid-19 pandemic on the City's FY2021 budget, and approve the fifty percent (50%) reduction of the MBVCA's required allocation of Resort Tax monies for FY2021, pursuant to Section102-253of the City Code. PASSED and ADOPTED this 17 day of ✓4 fr , 2020. ATTEST: an Gelber, Mayo RafaelE. Granado, Ci Clerk �p\\\\\11c11 �\I�\V��, �L71j�1',1, `�.f. 77�.�'' APPROVED AS TO `4"v FORM&LANGUAGE IIiCORPORATED &/` FOR EXECUTIONO 11,E CL1 � �' ^/ 1111111\..GG..•.\...__` c3 ,s _ De, ; City Attorney p_ D Date Resolutions -C7 A MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: July 17, 2020 SUBJECT:A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE MIAMI BEACH VISITOR AND CONVENTION AUTHORITY'S ("MBVCA") JUNE 3, 2020 RESOLUTION TO REDUCE ITS REQUIRED ALLOCATION OF RESORT TAX MONIES BY FIFTY PERCENT (50%) FOR FY 2021 IN RECOGNITION OF THE IMPACT OF THE COVID-19 PANDEMIC ON THE CITY'S FY 2021 BUDGET, AND APPROVING THE FIFTY PERCENT (50%) REDUCTION OF THE MBVCA'S REQUIRED ALLOCATION OF RESORT TAX MONIES FOR FY 2021, PURSUANT TO SECTION 102-253 OF THE CITY CODE. RECOMMENDATION The Administration recommends acceptance of the budget modification for FY 20/21. BACKGROUND/HISTORY The Miami Beach Visitor and Convention Authority (MBVCA) was created pursuant to Chapter 67-930 of the Laws of Florida, and Sections 102-246 through 102-254 of the City of Miami Beach Code. The MBVCA's mission is to proactively recruit, develop, and financially support and partner with events, festivals, programs and activities that are innovative, high quality and representative of our City, which gamer positive and or noteworthy media awareness, which enhance and augment the reputation of Miami Beach and the experience for tourists, year-round and significantly impact our local hospitality and culinary business. The MBVCA is a seven member authority, appointed by the City of Miami Beach Commission, with the goal of encouraging, developing and promoting the image of Miami Beach locally, nationally and internationally as a vibrant community and superb tourist destination. The MBVCA strategically focuses its funding investments in a balanced manner, fostering outstanding existing programs, stimulating new activities, and encouraging partnerships. The MBVCA is committed to a careful, long-term plan for allocation of resources to build the uniqueness of Miami Beach as ones of the world's greatest communities and tourism destinations. Page 9 of 74 ANALYSIS Pursuant to its enabling legislation, as set forth in Sections 102-246 through 102-254 of the City Code, five percent (5%) of the two percent (2%) Municipal Resort Tax ("Resort Tax") monies collected by the City shall be allocated to the MBVCA each year, with the MBVCA's budget for each fiscal year further subject to approval by the Mayor and Commission. Pursuant to Section 102-253 of the City Code, any modification to the required allocation of Resort Tax funding for the MBVCA is subject to approval by an affirmative vote of a majority of the members of the MBVCA, in addition to the affirmative vote of a majority of the members of the City Commission. In recognition of the impact of COVI D- 19 on the City's economy and the adverse impact to the City's FY 2021 budget, on June 3, 2020, the MBVCA Board unanimously approved a Resolution accepting a fifty percent (50%) reduction of its Resort Tax allocation for FY 2021, a copy of which Resolution is attached as Exhibit A. CONCLUSION The Administration recommends accepting the recommendation of the MBVCA. Applicable Area Citywide Is this a "Residents Right Does this item utilize G.O. to Know" item, pursuant to Bond Funds? City Code Section 2-14? No No Strategic Connection Prosperity - Market and promote Miami Beach as a world class arts, culture, and quality entertainment destination. Legislative Tracking Tourism and Culture ATTACHMENTS: Description D Exhibit A D Resolution Page 10 of 74 f\ I /_\ RAI . ;VISITOR AND \L ; CONVENTION 1,i.e.. ( AUTHORITY BOARD RESOLUTION The undersigned, Executive Director of the Miami Beach Visitor and Convention Authority (MBVCA), hereby certifies that the following resolution was adopted during the Miami Beach Visitor and Convention Authority Board meeting held on June 3, 2020: RESOLVED, that the Miami Beach Visitor and Convention Authority, committed to improving tourism as well as visitors' experience in Miami Beach, voted to accept fifty (50) percent of their projected resort tax allotment of the five (5) percent of the two (2) percent resort tax collection for fiscal year 2020/2021, for the 2020/2021 fiscal year. IN WITNESS WHEREOF, I have hereunto set my hand this / 2- day of j4;i"..t 'Low . , : -) „.. , .AL: BV.0 ;° xecuti . .Director 1701 Meridian Avenue o Suite 403 o Miami Beach, Florida 3?'la e 1`t'`2Syi faiamibeachvca.com Tel: 305-673-7050 . Fax: 305-673-7282