R7X - Establishing as a Policy During The
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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.
Sponsors
Commission Vote Result
7-0
PASSED
Detailed Information
Cached: 3 weeks agoResolutions - R7 X
COMMISSION MEMORANDUM
RECOMMENDATION
BACKGROUND/HISTORY
ANALYSIS
The attached Resolution was prepared at the request of 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 fund surplus in FY 2025 towards the acquisition of the property located at .760 Collins Avenue.
Does this Ordinance require a Business Impact Estimate? (FOR ORDINANCES ONLY)
If applicable, the Business Impact Estimate (BIE) was published on: See BIE at: https://www.miamibeachfl.gov/city-hall/city-clerk/meeting-notices/
FINANCIAL INFORMATION
CONCLUSION
Applicable Area
Citywide
Is this a “Residents Right to Know” item, pursuant to City Code Section 2-17?
Is this item related to a G.O. Bond Project?
No
No
Was this Agenda Item initially requested by a lobbyist which, as defined in Code Sec. 2-481, includes a principal engaged in lobbying? No
If so, specify the name of lobbyist(s) and principal(s):
Department
City Attorney
Sponsor(s)
Commissioner Alex Fernandez
Co-sponsor(s)
Commissioner David Suarez
Condensed Title
Allocate FY 25 Surplus for Acquisition of 7605 Collins. (Fernandez/Suarez) CA
Previous Action (For City Clerk Use Only)