HomeMy WebLinkAboutOMNI-CRA-R-98-0002SEOPW/OMNI/CRA
RESOLUTION NO. 98-2
RESOLUTION AUTHORIZING THE ENGAGEMENT OF KPMG PEAT
MARWICK TO SERVE AS THE AUDITING FIRM FOR THE
SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT AREA
TRUST FUND AND THE COMMUNITY REDEVELOPMENT AGENCY
AND THE ENGAGEMENT OF WATSON-RICE TO SERVE AS THE
AUDITING FIRM FOR THE OMNI REDEVELOPMENT AREA TRUST
FUND
WHEREAS, the Community Redevelopment Agency (the "CRA") is
responsible for carrying out community redevelopment activities and
projects in the Southeast Overtown/Park West Redevelopment Area
(the 11SEOPW Redevelopment Area") and in the Omni Redevelopment Area
(the "Omni Redevelopment Area") pursuant to a Redevelopment Plan in
effect for each such redevelopment area; and
WHEREAS, the CRA is required by Florida law to provide for an
independent financial audit of the trust fund for each
Redevelopment Area each fiscal year and a report of such audit, and
to provide a copy of such report to Miami -Dade County and to the
City of Miami; and
WHEREAS, the Commission of the City of Miami has adopted a
resolution authorizing the CRA to engage the firm of KPMG Peat
Marwick to perform a financial audit of the trust fund for the
SEOPW Redevelopment Area and of the CRA for each fiscal year and to
provide a written report with respect to each such audit and to
engage the firm of Watson -Rice to perform a financial audit of the
trust fund for the Omni Redevelopment Area for each fiscal year and
to provide a written report with respect to each such audit.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE COMMUNITY REDEVELOPMENT AGENCY:
Section 1. The recitals contained in the preamble to this
Resolution are hereby adopted by reference and incorporated in this
Resolution as if fully set forth in this Section.
Section 2. The CRA is hereby authorized to engage the firm
of KPMG Peat Marwick to perform a financial- audit of the trust fund
for the SEOPW Redevelopment Area and of the CRA for each fiscal
year and to provide a written report with respect to each such
audit and to engage the firm of Watson -Rice to perform a financial
audit of the trust fund for the Omni Redevelopment Area for each
fiscal year and to provide a written report with respect to each
such audit. Funds for the fees payable to said firms for such
services are hereby allocated from the respective budgets of the
SEOPW Redevelopment Area and the Omni Redevelopment Area.
Section 3. This Resolution shall become effective
immediately upon its adoption.
SEOPW/OMNI/CRA 98-2
PASSED AND ADOPTED this 27th day of January
1998.
Arth r E. Teele��S77ann
ATTEST:
Walte J Foeman
Clerk
APPROVED AS TO FORM AND CORRECTNESS:
Hol1MMlh&v4-
--&ILK�n-ightLff�
Counsel to the CRA
MIA4-584094
2
SEOPW/OMNI/CRA 98-2