Community Redevelopment Agency Board

City of Miami Gardens Community Redevelopment Agency Board Agenda December 9, 2020 at 6:55 PM City Council: Staff: Chair Rodney Harris City Manager Cameron Benson Board Member Shannon Campbell City Attorney Sonja K. Dickens, Esq. Board Member Shannon Ighodaro City Clerk Mario Bataille, CMC Board Member Linda Julien Board Member Reggie Leon Contact: Board Member Robert Stephens, III Council Chambers Board Member Katrina Wilson 18605 NW 27th Avenue Miami Gardens, Florida 33056 Phone: (305) 914-9010 Fax: (305) 914-9033 Website: www.miamigardens-fl.gov **Special Notice to the Public** The Community Redevelopment Agency Board meeting will be streamed live on the City's website via the Agenda Web Portal at https://miamigardens.civicweb.net/Portal/Video.aspx and YouTube Live as the City Council Chambers will be closed to the public but an exemption will be made for the allowance of one individual at a time to enter Council Chambers in order to address the Board during the Open Public Comment portion of the Board meeting, on a particular item, or during a quasi-judicial public hearing. Zoom will be available as an additional means for public participation. Any member of the public who wishes to provide public comment can do so by pre-registering with the City Clerk at least one hour prior to the meeting by emailing mbataille@miamigardens-fl.gov City of Miami Gardens Resolution No. 2020-136-3533 established procedures for public meetings within the City while under a declared State of Emergency due to the Coronavirus/COVID-19 pandemic and are consistent with social distancing recommendations intended to protect the life and safety of individuals in the community. City Hall remains closed to the public but exception will be made for the allowance of one individual at a time to enter Council Chambers in order to address the CRA Board during the Open Public Comment portion of the Board meeting. The only individuals that will be present physically at all time during these Board Meetings are the Chair, CRA Board Members, Charter Officers, Deputy City Manager, Deputy City Clerk, Assistant City Attorney, and a I.T. support staff members. Article VII of the Miami Gardens Code entitled, “Lobbyist” requires that all lobbyists before engaging in any lobbying activities to register with the City Clerk and pay a one-time annual fee of $250.00. This applies to all persons who are retained (whether paid or not) to represent a business entity or organization to influence “City” action. “City” action is broadly described to include the ranking and selection of professional consultants, and virtually all-legislative, quasi-judicial and administrative action. All not-for-profit organizations, local chamber and Page 1 of 7 merchant groups, homeowner associations, or trade associations and unions must also register however an annual fee is not required. Page 1. CALL TO ORDER/ROLL CALL 2. INVOCATION 3. PLEDGE OF ALLEGIANCE 4. APPROVAL OF MINUTES 5. ORDER OF BUSINESS (Items to be pulled from Consent Agenda at this time) 6. SPECIAL PRESENTATIONS (5 MINUTES EACH) 7. PUBLIC COMMENTS 8. RESOLUTION(S)/AGENCY BUSINESS 8.1 A RESOLUTION OF THE CITY OF MIAMI GARDENS, FLORIDA, 3-7 COMMUNITY REDEVELOPMENT AGENCY (“CRA”), ADOPTING A BUDGET FOR THE CITY OF MIAMI GARDENS CRA AND MAKING APPROPRIATIONS FOR THE FISCAL YEAR 2020-2021. Sponsored by: City Manager Agenda Cover Memo #20-209 - Pdf 9. ADJOURNMENT Page 2 of 7 Agenda Item #8.1 City of Miami Gardens Agenda Cover Memo 20-209 Meeting: Community Redevelopment Agency Board - Nov 18 2020 Department Sponsored By City Manager's Office City Manager Agenda Item Title A RESOLUTION OF THE CITY OF MIAMI GARDENS, FLORIDA, COMMUNITY REDEVELOPMENT AGENCY (“CRA”), ADOPTING A BUDGET FOR THE CITY OF MIAMI GARDENS CRA AND MAKING APPROPRIATIONS FOR THE FISCAL YEAR 2020-2021. Staff Summary Background Miami Gardens Community Redevelopment Plan was approved by the Miami Gardens Community Redevelopment Agency (CRA) Board and Miami Gardens City Council in July 2019. The CRA Plan addresses the NW 27th Avenue CRA Study Area. The intent of the CRA and Plan is to build a destination that will attract visitors, create jobs, and support the local economy. Specifically, the Plan prioritizes a catalyst project, the Miami Gardens Performing Arts Center. The CRA is a dependent taxing district. Its main source of funding derives from Tax Increment Financing (TIF). TIF funds are a result of the added value of property values within the CRA boundary after the base year, 2019. Note, this is not an additional tax, but a portion of the existing property taxes in that area. The revenue generated from TIF will be used to build the Miami Gardens Performing Arts Center specified in the approved Community Redevelopment Plan. TIF funds can also cover administrative costs. Revenues This year's funding sources are derived from the projected Miami Gardens Tax Increment Revenue (TIR) and the projected Miami-Dade County Tax Increment Revenue (TIR). For FY 2021, the preliminary taxable value for the MGCRA is $465,618,925. MGCRA base year taxable value (2019) was $372,687,355. The difference, $92,931,570, is the increment value. Municipal TIR: Using the Increment Value of $92,931,570 divided by $1000 x the City's millage rate of 6.9363, for FY 2021 will yield revenue of $612,371. County TIR: Using the Increment Value of $92,931,570 divided by $1000 x the County's millage rate of 4.6669 x .75, for FY 2021 will yield revenue of $325,277. Please note, per the Interlocal Agreement, twenty-five percent (25%) of the County's portion of the CRA revenue remains with Miami-Dade County to support the Northern Page 3 of 7 Agenda Item #8.1 Corridor of the SMART Plan. The Total Tax Increment Finance Payment to MGCRA will be $937,648. Expenditures Proposed Fiscal Year 2021 expenditures reflect an allowable administrative fee to Miami-Dade County as outlined in the Interlocal Agreement. The remaining funds will be placed in reserves to support the future Miami Gardens Performing Arts Center. Fiscal Impact For Fiscal Year 2021, the Miami Gardens Community Redevelopment Agency will have a projected budget of $937,648. Recommended Action That the Board approves the Fiscal Year 2021 Miami Gardens Community Redevelopment Agency budget, as set forth in Exhibit A. Attachments Resolution 2020 - CRA BUDGET FY 2020-2021 Exhibit A - FY 2020-2021 Miami Gardens CRA Budget Page 4 of 7 Agenda Item #8.1 1 RESOLUTION NO. 2020____ 2 3 4 A RESOLUTION OF THE CITY OF MIAMI GARDENS, FLORIDA, 5 COMMUNITY REDEVELOPMENT AGENCY (“CRA”), ADOPTING A 6 BUDGET FOR THE CITY OF MIAMI GARDENS CRA AND MAKING 7 APPROPRIATIONS FOR THE FISCAL YEAR 2020-2021. 8 9 10 WHEREAS, the City Council of the City of Miami Gardens, Florida (“City 11 Council”) has adopted a Community Redevelopment Plan for the Miami Gardens CRA; 12 and 13 WHEREAS, the CRA has examined the proposed appropriations and estimated 14 revenues for the implementation and carrying out of the Plan for Fiscal Year 2020-2021; 15 and 16 WHEREAS, the CRA now wishes to adopt the attached Fiscal Year 2020-2021 17 Operating Budget for the Miami Gardens District of the CRA, 18 NOW, THEREFORE, BE IT R E S O L V E D BY THE CITY OF MIAMI 19 GARDENS, FLORIDA COMMUNITY REDEVELOPMENT AGENCY: 20 21 Section 1: That the foregoing “WHEREAS” clauses are ratified and confirmed as 22 being true and correct and are incorporated in this Resolution. 23 24 Section 2: That it approves and adopts the attached Fiscal Year 2020-2021 25 Operating Budget for the Miami Gardens CRA. 26 27 Section 3: That the attached Fiscal Year 2020-2021 Operating Budget is 28 adopted based on preliminary projections of Fiscal Year 2020-2021 revenues and 29 expenses; the CRA may amend the Budget when final information is available and 30 as may be otherwise advisable from time to time during the fiscal year. 31 32 Section 4: This Resolution shall take effect immediately upon its final passage. 33 PASSED AND ADOPTED BY COMMUNITY REDEVELOPMENT AGENCY OF 34 THE CITY OF MIAMI GARDENS AT ITS REGULAR MEETING HELD ON 35 ____________, 2020. 36 37 Page 5 of 7 Agenda Item #8.1 38 39 ATTEST: MIAMI GARDENS, FLORIDA 40 COMMUNITY REDEVELOPMENT 41 AGENCY 42 43 44 ________________________________ ________________________________ 45 MARIO BATAILLE, BOARD SECRETARY RODNEY HARRIS, CHAIR 46 47 48 APPROVED AS TO FORM AND LEGAL 49 SUFFICIENCY for the use and reliance 50 Redevelopment Agency only. 51 ________________________________ 52 SONJA K. DICKENS 53 CRA ATTORNEY 54 55 PREPARED BY: SONJA K. DICKENS, CRA ATTORNEY 56 57 SPONSORED BY: 58 59 Moved by: __________________ 60 61 VOTE: _________ 62 63 Chairperson Rodney Harris ____ (Yes) ____ (No) 64 Board Member Shannon Campbell ____ (Yes) ____ (No) 65 Board Member Shannan Ighodaro ____ (Yes) ____ (No) 66 Board Member Linda Julien ____ (Yes) ____ (No) 67 Board Member Reggie Leon ____ (Yes) ____ (No) 68 Board Member Robert Stephens, III ____ (Yes) ____ (No) 69 Board Member Katrina Wilson ____ (Yes) ____ (No) 70 71 2 Page 6 of 7 Agenda Item #8.1 Miami Gardens Exhibit A Community Redevelopment Agency FY 2020-21 Proposed Budget (FY 2020-21 begins October 1, 2020) FY 20-21 Proposed Revenues Budget Municipal Tax Increment Revenue (TIR) 612,371 County Tax Increment Revenue (TIR) 325,277 Revenue Total 937,648 Expenditures County Administrative Charge at 1.5% 4,879 Reserve - Miami Gardens Performing Arts Center 932,769 Expenditure Total 937,648 Page 7 of 7