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HomeMy WebLinkAbout2005-25947 ResoRESOLUTION NO. 2005-25947 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AND AUTHORIZING THE REALLOCATION OF $24,107.59 IN PREVIOUSLY APPROPRIATED CITY OF MIAMI BEACH QUALITY OF LIFE/RESORT TAX FUNDING FROM FISCAL YEAR 2002~2003 FOR THE PURPOSE OF FUNDING TOURISM ORIENTED PROJECTS IN THE NORTH BEACH AREA; SPECIFICALLY FOR EVENTS IN NORTH BEACH. WHEREAS, in 1992, the City of Miami Beach voters agreed to a one percent increase in the resort tax collection on hotel room rent; and WHEREAS, half of the one percent was to create public incentives for a Convention Center Headquarter Hotel, and the other 50% was designated for the promotion of Quality of Life (Q.O.L.) tourism related activities and facilities; and WHEREAS, that 50% Quality of Life increment has been equally split in thirds for improvements in the North, Middle and South Beach communities; and WHEREAS at the February 18, 2004 City Commission Workshop on Quality of Life funding, the administration was directed to review the funding distribution process to ensure consistency for all three areas; and WHEREAS, at the May 24, 2005 Finance and Citywide Projects Committee meeting, direction was given to fund capital expenditures and/or on- going maintenance of Citywide assets and facilities through future allocations of Quality of Life Funds; and WHEREAS, the Administration met with representatives from North Beach Development Corporation (NBDC) and reached consensus on a funding mechanism for the organization's 2005/2006 operating budget, in order for NBDC to convert into a self-sustaining organization; and WHEREAS, the Finance and Citywide Projects Committee recommended in favor of reallocating unspent funds from Fiscal Year (FY) 2002/2003 Quality of Life funds for the purpose of funding events in North Beach in FY 2005/2006, previously appropriated for NBDC's Marketing Director. 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 approve and authorize the reallocation of $24,107.59 in previously appropriated City of Miami Beach Quality of Life/Resort Tax Funding from fiscal year 2002/2003 for the purpose of funding tourism oriented projects in the North Beach area; specifically for events in North Beach. PASSED and ADOPTED this 6th ATTEST: , (~ITY CLERK Robert Parcher dayof ,.Tu]_v / f20/~5. David Dermer JMG/TH/KB/mas F:\info\$ALL\Max\TCD\Quality Funds Reso.doc of Life\NBDC QOL_Marketing Director Reprogramming N~ROVEO AS TO FORM & LANGUAGE & FOR EXECUTION Condensed Title: CITY OF MIAMI BEACH COMMISSION ITEM SUMMARY Resolution approving and authorizing the appropriation of $24,107.59 in previously appropriated City of Miami Beach Quality of Life/Resort Tax funding from fiscal year 2002/2003 for the purpose of funding tourism oriented projects in the North Beach area; specifically for events in North Beach. Issue: Shall the City of Miami Beach appropriate $24,107.59 in City of Miami Beach Quality of Life/Resort Tax funding from Fiscal Year 2002/2003 in previously appropriated City of Miami Beach Quality of Life/Resort Tax funding from fiscal year 2002/2003 for the purpose of funding tourism oriented projects in the North Beach area; specifically for events in North Beach? Item Summary/Recommendation: At the February 18, 2004 City Commission Workshop on Quality of Life funding, the administration was directed to review the funding distribution process to ensure consistency for all three areas. Subsequently, at the May 24, 2005 Finance and Citywide Projects Committee meeting, direction was given to fund capital expenditures and/or on-going maintenance of citywide assets and facilities through future allocations of Quality of Life Funds. The Administration was also instructed to bring forward proposed allocations of Quality of Life Funds through the budget process. In addition, the Administration met with representatives from NBDC and reached consensus on a funding mechanism for the organization's 2005/2006 operating budget, in order for NBDC to convert into a self-sustaining organization. To that end, the Finance and Citywide Projects Committee recommended in favor of reallocating unspent funds from 2002/2003 Quality of Life funds for the purpose of funding events in North Beach in fiscal year 2005/2006 previously appropriated for NBDC's Marketing Director. Advisory Board Recommendation: IFinance and Citywide Projects Committee - May 24, 2005. Financial Information: Amount to be expended: Source of Funds: Amount Account Approved I $24,107.59 (FY 02/03) 161.6235.000343 3 4 Finance Dept. TOtal $24,107.59 Sign-Offs: I Department Director ~A_s~nt City Manager \ , ~Manag.er~,~ ~_,. '-....~N~ T:~,GENDA\2005~Jul0605\Regular\NBDC QOL_,,~[~e'{ing Director Reprogramming Funds Summary.doc Agenda Item Date CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 www.miamib, eachfl.gov COMMISSION MEMORANDUM To: From: Subject: Mayor David Dermer and Date: July 6, 2005 Members of the City Commission J°rgeM. G°nzalez I ~1 [/~._~ City Manager A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AND AUTHORIZING THE REALLOCATION OF $24,107.59 IN PREVIOUSLY APPROPRIATED CITY OF MIAMI BEACH QUALITY OF LIFE/RESORT TAX FUNDING FROM FISCAL YEAR 2002~2003 FOR THE PURPOSE OF FUNDING TOURISM ORIENTED PROJECTS IN THE NORTH BEACH AREA; SPECIFICALLY FOR EVENTS IN NORTH BEACH. ADMINISTRATION RECOMMENDATION Adopt the Resolution. ANALYSIS In 1992, the City of Miami Beach voters agreed to a one percent increase in the resort tax collection on hotel room rent. Half of the one percent was to create public incentives for a Convention Center Headquarter Hotel, and the other 50% was designated for the promotion of Quality of Life (Q.O.L.) tourism related activities and facilities. That 50% Quality of Life increment has been equally split in thirds for improvements in the North, Middle and South Beach communities and, beginning with the FY 2004/05 budget, the Cultural Arts Council. At the February 18, 2004 City Commission Workshop on Quality of Life funding, the administration was directed to review the funding distribution process to ensure consistency for all three areas. Subsequently, at the May 24, 2005 Finance and Citywide Projects Committee meeting, direction was given to fund capital expenditures and/or on-going maintenance of citywide assets and facilities through future allocations of Quality of Life Funds. The Administration was also instructed to bring forward proposed allocations of Quality of Life Funds through the budget process. In addition, the Administration met with representatives from NBDC and reached consensus on a funding mechanism for the organization's 2005/2006 operating budget, in order for NBDC to convert into a self-sustaining organization. To that end, the Finance and Citywide Projects Committee recommended in favor of reallocating unspent funds from 2002/2003 Quality of Life funds for the purpose of funding events in North Beach in fiscal year 2005/2006 previously appropriated for NBDC's Marketing Director. CONCLUSION Based on the aforementioned, the Administration recommends approving the Resolution which appropriates Quality of Life funds from Fiscal Year (8) 2002/2003 in an amount of $24,107.59 in previously appropriated City of Miami Beach Quality of Life/Resort Tax funding from fiscal year 2002/2003 for the purpose of funding tourism oriented projects in the North Beach area; specifically for events in North Beach. JMG/TH/KB/mas T:~AGENDA~2005\Jul0605\Regula,&NBDC QOL_Marketing Director Reprogramming Funds,doc