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HomeMy WebLinkAboutSEOPW-CRA-R-02-0008+4 J January 28, 2002 SEOPW/CRA ITEM 1H RESOLUTION NO. SEOPW/CRA A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY (CRA) RECEIVING THE MONTHLY FINANCIAL STATEMENTS, AS PRESENTED BY THE CHIEF FINANCIAL OFFICER OF THE CRA. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency (CRA) desires that the CRA Board be kept abreast of the financial status of the CRA; and WHEREAS, the CRA has been directed to transmit to the CRA Board on a monthly basis a Statement of Revenues, Expenditures and Changes in Fund Balance and a Balance Sheet ("Financial Statements"); NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST 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 the CRA hereby receives the Financial Statements as of December 28, 2001 attached as Exhibit "A". Section 3. This Resolution shall be effective upon its adoption. PASSED AND ADOPTED this 28th day of January, 2002. Walter J. Foeman Clerk of the Board APPROVED AS TO FORM AND CORRECTNESS: Alejandro Vilarello General Counsel Arthur E. Teele, Jr., Chairman SEOPW / CRA 02- 08 011V%TI/ .P4 02- 05 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM Y January 28, 2002 ITEM 1H Chairman Arthur E. Teele Jr. and TO: Members of the CRA Board DATE: January 28, 2002 FILE: SUBJECT. Transmittal of Cumulative Financials FROM:Annette E. Lewis Acting Executive Director ip) REFERENCES: ENCLOSUR��61ution and Supporting Documents RECOMMENDATION It is recommended that the CRA Board of Directors receive the financial reports as presented as of October 31, November 30, and December 31, 2001 BACKGROUND As a formality, the CRA provides each Board member with an updated monthly financial report for both the Southeast Overtown/Parkwest CRA and the Omni CRA which details the expenditures, revenues and funds balance of all accounts. SEOPW/CRK C /CRA 02- 08 02- 05