HomeMy WebLinkAboutR-20-0276City of Miami
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Legislation
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Resolution: R-20-0276
File Number: 7791
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 9/10/2020
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ACCEPTING AND APPROVING THE ANNUAL GENERAL OPERATING AND
TAX INCREMENT FUND BUDGET OF THE OMNI REDEVELOPMENT
DISTRICT COMMUNITY REDEVELOPMENT AGENCY, ATTACHED AND
INCORPORATED AS COMPOSITE EXHIBIT "A," IN THE TOTAL AMOUNT OF
$62,856,996.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2020
AND ENDING SEPTEMBER 30, 2021.
WHEREAS, pursuant to Part III, Chapter 163, Florida Statues, there was created by
action of Miami -Dade County ("County") and the City of Miami ("City") the Omni Redevelopment
District Community Redevelopment Agency ("Omni CRA") within the boundary limits of the City;
and
WHEREAS, Article VI, Paragraph 6.1 of the Interlocal Cooperation Agreement dated
March 1, 2000 between the City, the County, the Omni CRA, and the Southeast Overtown/Park
West Community Redevelopment Agency, as revised and amended, requires that the Omni
CRA submit its budget and related amendments, modifications, and alterations of projects to the
City and the County for approval; and
WHEREAS, the Omni CRA's Annual General Operating and Tax Increment Fund
Budget in the total amount of $62,856,996.00 for the fiscal year commencing October 1, 2020
and ending September 30, 2021, attached and incorporated as Composite Exhibit "A"
("Budget"), was approved by the Omni CRA's Board of Commissioners at its August 31, 2020
meeting; and
WHEREAS, the Omni CRA requests the acceptance and approval of its Budget,
attached and incorporated as Composite Exhibit "A," for the fiscal year commencing October 1,
2020 and ending September 30, 2021 in the amount of $62,856,996.00;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. The Budget of the Omni CRA, attached and incorporated as Composite
Exhibit' A," for the fiscal year commencing October 1, 2020 and ending September 30, 2021 in
the total amount of $62,856,996.00 is accepted and approved.
City of Miami Page 1 of 2 File ID: 7791 (Revision: A) Printed On: 1012912020
File ID: 7791
Enactment Number: R-20-0276
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
1
&ina City Httor iey 10/2212020
' If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 File ID: 7791 (Revision: A) Printed on: 1012912020