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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
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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
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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
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