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HomeMy WebLinkAboutSEOPW-CRA-R-02-0010SEOPW/CRA ITEM 1K RESOLUTION NO. SEOPW/CRA A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY (CRA) AUTHORIZING THE CRA EXECUTIVE DIRECTOR TO TRANSMIT THE APPROVED TAX INCREMENT FUNDS ("TIF") BUDGETS FOR FY 2001-02 TO MIAMI- DADE COUNTY PURSUANT TO FLORIDA STATUTE 163.356(3)(C) THE INTERLOCAL COOPERATIVE AGREEMENT WHEREAS, the CRA desires to transmit the approved TIF Budget for Fiscal Year 2001-02 to Miami -Dade County pursuant to Florida Statute 163.356(3) (c) and 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 SOUTHEAST OVERTOWN/PARKWEST 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 authorize the CRA Executive Director to transmit the approved TIF Budget for Fiscal Year 2001-02 to Miami -Dade County pursuant to Florida Statute 163.356 (3) (c) and the Interlocal Cooperative Agreement. Section 3. This Resolution shall be effective upon its adoption. PASSED AND ADOPTED this 28t" 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 / �� 02- 10 TO Chairman Arthur E. Teele Jr. and Members of the CRA Board FROM Annette E. Lewis Acting Executive Director CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM ITEM 1K DATE: January 28, 2002 FILE SUBJECT: Transmittal of SEOPW/CRA TIF Proposed Budget for FY 2002 REFERENCES: ENCLOSURES: Resolution, Supporting Documents RECOMMENDATION It is recommended that the Board of Directors of the Southeast Overtown/Park West CRA authorizing the CRA Executive Director to transmit the Tax Increment Funds ("TIF") TIF Budget to Miami -Dade County pursuant to Florida Statute 163.356 (3) (c) and the Interlocal Cooperative Agreement with Miami -Dade County. BACKGROUND On October 10, 2001, the CRA received a letter from the Tony Crapp, Sr, former director of the Office of Community Economic Development ("OCED") requesting that the CRA submit its proposed budget for FY 2001-02 for approval by Miami -Dade County. SEOPW/CRA 02- 10