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HomeMy WebLinkAboutOMNI-CRA-R-99-0018RESOLUTION NO. OMNI/CRA R-99-18 A RESOLUTION AUTHORIZING THE EXECUTIVE DIRECTOR OF THE COMMUNITY REDEVELOPMENT AGENCY (THE "CRA") TO INSTRUCT THE CITY FINANCE DIRECTOR TO MAKE SPECIFIC (IDENTIFIED) DEBT SERVICE PAYMENTS FROM OMNI TRUST FUNDS AS DIRECTED BY THE EXECUTIVE DIRECTOR OF THE CRA. WHEREAS, the City of Miami approved and adopted the Omni Area Redevelopment Plan, pursuant to Resolution Nos. 86-868 and 87-604 (the "Redevelopment Plan"); and WHEREAS, the CRA is responsible for carrying out 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 Executive Director of CRA should be responsible to instruct the City Finance Director to make specific (identified) debt service payments from Omni Trust Funds as directed by the Executive Director 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 Executive Director of the CRA is hereby directed to instruct the City Finance Director to make specific (identified) debt service payments from Omni Trust Funds as directed by the Executive Director of the CRA. Section 3. This Resolution shall be effective immediately upon its adoption. F PASSED AND ADOPTED on this 16 th day of August, 1999. r Walter J. FbeirtaA, City Clerk APPROVED AS TO FORM AND CORRECTNESS: 2�4 Holland & Knight LLP CRA Legal Counsel MIA1 #859798 v3 �.s s Arthur E. Teele, Jr., ChairShn oirmc 2 'I I