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Resolution 2025-33799 RESOLUTION NO. 202533799 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ESTABLISHING AS A POLICY DURING THE FY 2026 BUDGET PROCESS THAT ANY AVAILABLE YEAR-END GENERAL FUND SURPLUS IN FY 2025 BE USED TOWARD THE $6,530,000 THE CITY WOULD NEED TO PAY THE BUILDING DEPARTMENT TO ACQUIRE THE PROPERTY LOCATED AT 7605 COLLINS AVENUE FOR GENERAL MUNICIPAL PURPOSES, SUBJECT TO COMPLIANCE WITH ANY ESTABLISHED CITY POLICIES REGARDING RESERVES. WHEREAS, the property located at 7605 Collins Avenue (the "Property") was originally purchased by the Building Department at a cost of approximately $6,530,000 forthe purpose of creating a North Beach Permitting Center; and WHEREAS, the City now desires to acquire the Property using funding from the City's General Fund with the goal of making it available for a broader range of municipal uses; and WHEREAS, as of the end of the second quarter of fiscal year 2025, there is a projected General Fund surplus of$4.7 million; and WHEREAS, the Mayor and City Commission desire to establish a policy during the FY 2026 budget process that any available year-end General Fund surplus in FY 2025 be used toward the $6,530,000 the City would need to pay the Building Department to acquire the Property for general municipal purposes, subjed to compliance with any established policies regarding reserves. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CIN OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby establish a policy to be implemented during the FY 2026 budget process that any available year-end General Fund surplus in FY 2025 be used toward the $6,530,000 the City would need to pay the Building Department to acquire the property located at 7605 Collins Avenue for general municipal purposes, subject to compliance with any established policies regarding reserves. PASSED and ADOPTED THIS df day of T4N� 2025. ATTEST: G� W�+ �� /� JUfJ 3 � ��Z� teven Meiner, Mayor __ /����� �� „'e"F'� . �ae . Granado, City Clerk ,!���-•-..,��.,, �D� ?F�' 'S"+y APPFOVEDASTO REGIS BARBOU FORMsi.aNGUAGE (Sponsored by Commissioner Alex J. Fernandez ` ` � ` : � j 11XIOAPTO0.A1E0:` , &FOR EXECUTION Co-Sponsored by Commissioner David Suarez ';39 3w ;�°;' '"',R�H'zy,.,_ ome`/ Oa+v.�L� Resolutions - R7 X MIAMIBEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members o(the City Commission FROM: City Atlomey Riwrdo J. Dopico DATE: June 25, 2025 TITLE: A RESOWTION OF THE MAVOR AN� CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ESTABLISHING AS A POLICV DURING THE FY 2026 BUDGET PROCESS THAT ANY AVAILABLE VEAR-END GENERAL FUND SURPLUS IN FY 2025 BE USED TOWARD THE $6,530,000 THE CIN WOULD NEED TO PAY THE BUILDING DEPARTMENT TO ACQUIRE THE PROPERTV LOCATED AT 7fi05 COLLINS AVENUE FOR GENERAL MUNICIPAL PURPOSES, SUBJECT TO COMPLIANCE WITH ANY ESTABLISHED CIN POLICIES REGARDING RESERVES. RECOMMENDATION BACKGROUND/HISTORY ANALYSIS The attached Resolution was preparetl at the request o/ the sponsor, Commissioner Alex Fernandez. FISCAL IMPACT STATEMENT There is no fiscal impact at this time. This measure will establish a policy for the allocation of sny year-end general (und surplus in FY 2025 towards the acquisition of the propeAy lowted at ]60 Collins Avenue. Doea this Ordinance reauire a Business Imoact Estimate? (FOR ORDINANCES ONLV) If applicable, the Business Impact Estimate (BIE)was published on: See BIE at: https://www.miamibeachfl.qov/ci[v-hall/cityclerk/meeting-noticesl FINANCIAL INFORMATION LONCLUSION 2151 Apoliwble Area Citywide Is this a "Residents Riaht to Know" item Is this item related to a G.O. Bond oursuant to CiN Code SeMion 2-17� Proieet7 No No Was this Aoenda Item initiallv reouested bv a lobbvist which as defined in Code Sec 2481. includes a orincioal ennaoed in lobbvins�? No It so, speci(y the name of lobbyist(s)and principal(sJ: Deoartment City Attorney SDOnso�lsl Commissioner Alez Femandez Co-soonsorlsl Commissioner Davitl Suarez Condensed Title Nlocate FY 25 Surplus for Acquisition of 7605 Collins. (Femantlez/Suarez) CA Previous AcBon (For CiN Clerk Use Onlvl 2152 �