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HomeMy WebLinkAboutOMNI-CRA-R-00-0057V • RESOLUTION NO. OMNI/CRA G o ITEM 10C OMNI/CRA A RESOLUTION OF THE BOARD OF DIRECTORS OF THE COMMUNITY REDEVELOPMENT AGENCY ("CRA") APPROVING THE RECONCILED TAX INCREMENT FUNDING ("TIF") BUDGET FOR FISCAL YEAR ENDING 2000 AND FISCAL YEAR ENDING 2001. WHEREAS, the City of Miami approved and adopted the Omni Area Redevelopment Plan pursuant to Resolution Nos. 86-868 and 86-607 (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, the CRA desires to approve the reconciled TIF Budget for the Fiscal Year Ending 2000 and 2001 for submittal to Miami -Dade County pursuant to the terms of the Cooperative Interlocal Agreement between the CRA and Miami -Dade County. 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 Board of Directors of CRA hereby approves the reconciled TIF Budget for the Fiscal Year Ending 2000 attached hereto as Exhibit "A" and incorporated herein by reference. Section 3. The Board of Directors of CRA hereby approves the reconciled TIF Budget for the Fiscal Year Ending 2001 attached hereto as Exhibit "B" and incorporated herein by reference. Section 4. The Board of Directors of CRA hereby approves submittal of the reconciled TIF Budget for the Fiscal Year Ending 2000 and the reconciled TIF Budget for the Fiscal Year Ending 2001 to Miami-' Dade County pursuant to the Interlocal Cooperative Agreement. CONTAINED 00- 57 ITEM 10C OMNI/CRA Section 5. The resolution shall be effective upon its adoption. PASSED AND ADOPTED on this 20th day of November, 2000. Arthur E. Teele, Jr., Chairman APPROVED AS TO FORM AND CORRECTNESS: Holland & Knight LLP CRA Legal Counsel �� e.il"►11 j, 00— 167 CITY OF MIAMI, FLORIDA ITEM IOC INTER -OFFICE MEMORANDUM r0 : Chairman Teele and DATE: November 6, 2000 FILE Members of the CRA Board SUBJECT: Reconciled TIF Budget FY 2000 and FY 2001 FROM: REFERENCES: Dipak M. Parekh Executive Directo ENCLOSURES: Resolution and Budget RECOMMENDATION It is respectfully requested that the CRA Board of Directors approve the transmittal of. the CRA's approved appended Fiscal Year 2000 and Fiscal Year 2001 Budgets to Miami -Dade County. BACKGROUND A Resolution of the Board of Directors of the CRA approving the transmittal of the CRA's approved amended Fiscal Year Ending 2000 and Fiscal Year Ending 2001 Budgets to Miami -Dade Courity's Office of Community and Economic Development pursuant to our Interlocal Agreement. Funding Source: N/A Account Number: N/A s ONM UO- 5