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OMNI CRA Resolution: CRA-R-20-0011
File Number: 7797
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
www.miamicra.com
Final Action Date: 8/31/2020
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S
PROPOSED GENERAL OPERATING BUDGET AND TAX INCREMENT FUND
BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2020 AND
ENDING SEPTEMBER 30, 2021; DIRECTING THE EXECUTIVE DIRECTOR TO
TRANSMIT A COPY OF THE BUDGET TO THE CITY OF MIAMI AND MIAMI-
DADE COUNTY.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency
("CRA") is responsible for carrying out community redevelopment activities and projects within
its Redevelopment Area; and
WHEREAS, as a prerequisite to carrying out Fiscal Year 2020-2021 redevelopment
activities, the Board of Commissioners must approve the CRA's proposed General Operating
Budget and Tax Increment Fund Budget ("Budget") for the Fiscal Year commencing October 1,
2020 and ending September 30, 2021 ("Fiscal Year"); and
WHEREAS, the CRA's Budget is in the total amount of $62,856,996.00 for the Fiscal
Year; and
WHEREAS, unused portions of line items 3 and 23 of the Fiscal Year 2019-2020 Budget
will be rolled over to the CRA's Fiscal Year Budget; and
WHEREAS, a copy of the Budget is required to be transmitted to the City of Miami
("City") and Miami -Dade County ("County");
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated herein as if fully set forth in this Section.
Section 2. The Budget for the Fiscal Year, attached and incorporated as Exhibit "A", is
approved and adopted.
Section 3. The Executive Director is directed to transmit a copy of the budget to the City
and the County.
Section 4. This Resolution shall become effective immediately upon its adoption.
City of Miami Page 1 of 2 File ID: 7797 (Revision: A) Printed On: 9/24/2020
File ID: 7797
Enactment Number: CRA-R-20-0011
APPROVED AS TO FORM AND CORRECTNESS:
Barnaby L. Min, Deputy City Attorney 9/3/2020
City of Miami Page 2 of 2 File ID: 7797 (Revision: A) Printed on: 912412020