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97-22558 RESO RESOLUTION NO. 97-22558 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE 1997-98 BUDGET OF THE MIDDLE BEACH PARTNERSHIP FOR THE REVITALIZATION OF 41ST STREET IN THE AMOUNT OF $123,986. WHEREAS, the Middle Beach Partnership has assumed a leadership role in the revitalization of the 41st Street District and the hotels along Collins Avenue and Indian Creek; and WHEREAS, the Middle Beach Partnership, a public-private, not-for-profit corporation collectively was formed to manage the affairs of the District; and WHEREAS, the approval of the District's 1997-98 budget is necessary for the continued administration of the District; and WHEREAS, the Administration has agreed to loan the District funds to pursue the creation of a self-sufficient district; and WHEREAS, the Middle Beach Partnership agrees to repay the City all the funds advanced to the District for these purposes. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the 1997-98 Budget for the Middle Beach Partnership, for the purpose of revitalizing 41st Street, in the amount of$123,986, is hereby approved and adopted. PASSED and ADOPTED this 21st day of October 1997. ATTEST: lwb: APPROVED AS TO FORM & LANGUAGE & FOR execunON _RQLJ- rC<A~ CITY CLERK -1)/. 1//717 city Date 41st Street MIDDLE BEACH DISTRICT 97-98 OPERATING BUDGET PROPOSAL ACCOUNT DESCRIPTION AMOUNT IN-KIND SalariesIFringe 000-111 FT Salary (Director) 27,260 000-160 401 A Pension Plan 2,726 000-162 Insurances 1,000 TOTAL 30,986 Operating 000-312 Professional Services 15,000 10,000 000-314 Electric 1,500 000-316 Telephone 1,000 1,500 000-321 Postage 3,000 000-321 Building & Equip Rent 20,000 000-323 Printing 7,500 000-324 Contracted Maintenance 2,500 000-327 Advertising 12,000 000-341 "Office Supplies 1,500 000-343 Other Operating Expense 1,000 1,000 000-361 Memberships 1,500 000-362 Promotion 10,000 000-363 Travel & Education 3,000 000-364 Local Mileage 1,000 TOTAL 56,500 36,500 TOTAL OPERATING BUDGET REQUESTED $ 87,486 $ 36,500 71% 29% $123,986 .. 1997-1998 41st Street Middle Beach Budget Narrative · Salary and Benefits Total $27,260 $ 2,726 $ 1,000 $30,986 *Middle Beach Director 401(A) PensionPlan Insurance * 50% funded by CnBG Operating Expenses Professional Services . Professional Services for District -Sidewalk pressure and steam cleaning - Professional tree trimming $ 5,000 . Part-time clerical assistance/office worker $10,000 -to assist the Director in District administrative operations, grant administration, mailing and shared advertising campaigns, and the development of the special services district. Professional Services- Subtotal $15,000 Printinl[ · Printed materials will be used to promote the district both locally, nationally and internationally. -Middle Beach Partnership Stationary -Merchant Directory & Map -Promotional Materials to be placed in hotels - Middle Beach Newsletter -Miscellaneous information materials Printing Subtotal $ 500 $ 2,000 $ 2,500 $ 1,500 $ 1,000 $ 7,500 Advertisin2" Advertising for the 41st Street commercial area will be developed as "shared advertising campaigns" or "co-ops" enabling the District to leverage.. advertising dollars to effectively market the area to two target markets; the tourist/visitor to Miami Beach, and the local/resident consumer. The following described advertising campaigns will further enhance a positive image for 41st Street-Middle Beach as a shopping destination for the traveler and resident alike. Chamber of Commerce Visitor's Guide $4,500 Back cover placement ( 4 color) printed 2x annually ($4,500 District Budget - $4,500 Businesses). The Chamber's Visitor's guide is published twice a year with 130,000 copies per printing (260,000 plus 30,000 to City to be distributed through the office of Michael Aller). The Guide is distributed to hotels in the tri-county area which have the Van- Dee info racks. The Guides are distributed at Information Visitor Centers on Lincoln Road, Miami International Airport and at the Chamber of Commerce. Placement of this ad also covers an editorial section on 41st Street and the District as well as the placement of a coupon (optional) which could be used to track the success of the campaIgn. Chamber of Commerce Directory $ 500 Tab placement lxIyear-full color. ( $500 District Budget - $500 Businesses) The Chamber's Directory is distributed to all members of the Chamber and to any requests for information from businesses as part of their business inquiry package. There are 5,000 of the directories printed annually. Neighbors Section - MIAMI HERAW Miami Beach Sun Post Touch Miami $5,000 Local ad campaign to promote shopping on 41st Street. The Business District's ad campaign will run in the Neighbors Section of the Miami Herald and in the Miami Beach Sun Post and possibly other publications or multi media formats. The ads will be geared to announce 41st Street as the neighborhood shopping district to residents of the Beach and surrounding areas. Development of Print Ad Campaign $ 2,000 The development of a print advertising campaign for the Middle Beach District to be utilized throughout the year. The "theme" advertising campaign is aimed to help establish the identity of the 41st Street/Middle Beach commercial district as a shopping district for residents and visitors alike. Advertising Subtotal: Promotions . Christmas Decorations Promotions Subtotal: Operating expenses: Telephone: $ 1,000 -long distance and cellular calls Postae-e: $ 3,000 -postage for mailing of newsletters to entire 33140 zip code 3/x per year. Office supplies: $ 1,500 Other Operating- Expenses: $ 1,000 Memberships: $ 1,500 -Miami Beach Chamber of Commerce -Florida Redevelopment Association - Fl Main Street -Miami Beach TMA -International Downtown Association -Miami Design Preservation League Travel And Education -Attendance at professional annual $ 3,000 conference (IDA or FRA) -Educational seminars/mini conferences Local Mileaee -Local Transportation $1,000 Total Operating Expenses ~ $ 12,Ol[)O t $ 10,000 $10,000 $ 12,000 In-kind to the Middle Beach Partnership Professional Services: $ 10,000 -Architectural services of 2 board members Ira Giller Martin Hyman -Computer services hardware and software Colonial Bank staff -Professional marketing assistance Colonial Bank: Mark Silverstein and Robert Goodman -Professional legal assistance Colonial Bank counsel: Mark Lipsitz Board member: Gerald K. Schwartz Electric: $ 1,500 - In-kind, Colonial Bank Telephone: $ 1,500 -Telephone equipment, 2 lines and local calls in-kind, Colonial Bank Buidling (rent) and Equipment Rental: $20,000 -Office space for Middle Beach Director meeting facilities, office fwniture, office equipment provided by Colonial Bank Contracted. Maintenance: -Maintenance of office eqiupment $ 2,500 Other Operatine- Expenses: - Meeting refreshments and office supplies $ 1,000 TOTAL IN-KIND $36,500 :ITY OF MIAMI BEACH ~ITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 1ttp:\\ci. miami-beach. fl. us COMMISSION MEMORANDUM NO. t.. ce, ~ - 91 TO: Mayor Seymour Gelber and DATE: October 21,1997 Members of the CitY}lO . sion Jose Garcia-Pedrosa City Manager RENEWED FINANCIAL COMMITMENT / MIDDLE BEACH PARTNERSHIP FROM: SUBJECT: ADMINISTRATION RECOMMENDATION: The Administration recommends that the City Commission adopt the FY 1997-98 Middle Beach Partnership budget in the amount of$123,986. BACKGROUND: The Middle Beach Steering Committee was created on July 13, 1994 by the City Commission to assume a leadership role in the revitalization of the 41 st Street Business District and the Hotel District along Collins Avenue and Indian Creek. The Commission agreed to loan the district the monies in order to facilitate the development of the district. ANALYSIS: The attached budget reflects a lean, hands-on management budget for the Middle Beach District for the 1997-98 fiscal year. Members of the Middle Beach Partnership have provided in-kind office space, meeting rooms, office equipment and professional in-kind services totaling $36,500 as their commitment to the success of the district. The Partnership and City Administration support the FY 1997-98 request for funds for the administrative and operating expenses of the district in the amount of$123,986 of which $87,486 is to be repaid, and $36,500 is in-kind services. These funds will ensure the continued momentum and development of the Middle Beach Partnership, and will be treated as a loan to the District, to be repaid in full to the City once the district and assessments have been put in place. CONCLUSION: The Middle Beach Partnership has demonstrated an ability to assist in the development and progress of the 41st Street area. The Administration recommends that the City Commission continue funding the Middle Beach Partnership as a loan for administration and operating expenses. JGP:~lwb AGENDA ITEM c..lb lO-"2\..o11 DATE