HomeMy WebLinkAboutOMNI-CRA-R-99-0012RESOLUTION NO. OMNI/CRA R-99-12
A RESOLUTION AUTHORIZING THE COMMUNITY
REDEVELOPMENT AGENCY (THE "CRA") TO
INSTRUCT ITS FIDUCIARIES TO ESTABLISH A
COMMUNITY REDEVELOPMENT OPERATING
ACCOUNT IN THE OMNI TRUST FUND FOR PURPOSE
OF ACCOUNTING FOR OPERATIONAL AND CAPITAL
EXPENDITURES OF THE CRA AND FOR THE
ESTABLISHMENT BY THE CRA'S FIDUCIARIES OF AN
IMPREST ACCOUNT FOR THE PURPOSES OF
ISSUING PAYROLL CHECKS.
WHEREAS, the City of Miami approved and adopted the Omni Area
Redevelopment Plan, pursuant to Resolutions No. 86-868 and 87-607 (the
"Redevelopment Plan"); and
WHEREAS, the CRA is responsible for carrying out the community
redevelopment activities and projects in the Omni Redevelopment Area (the
"Redevelopment Area") established pursuant to the Redevelopment Plan; and
WHEREAS, in order for the CRA to implement the Redevelopment
Plan the CRA must maintain accurate books and records and the
establishment of the Community Redevelopment operating account in the
OMNI Trust Fund for the purpose of accounting for operational and capital
expenditures of the CRA and the establishment of an imprest account for the
purpose of issuing payroll checks will enhance the operation of the CRA.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
DIRECTORS OF THE COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to
this Resolution are incorporated herein as if fully set forth in this Section.
Section 2. The CRA is hereby authorized to direct its fiduciaries to
establish a Community Redevelopment operating account in the Omni Trust
Fund for the purpose of accounting for operational and capital expenditures
of the CRA and to authorize the CRA's fiduciaries to establish an imprest
account for the purpose of issuing payroll checks for employees of the CRA .
Section 3. This resolution shall be effective upon its adoption.
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PASSED AND ADOPTED on this
APPROVED AS TO FORM
AND CORRECTNESS:
Holland & Knight LLP
CRA Legal Counsel
MIA1 #877765 v2
day of August, 1999.
Arthur E. Teele, Jr.,
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