HomeMy WebLinkAboutCRA-R-19-0028OMNI
OMNI CRA
Community Redevelopment Agency 1401 N. Miami Avenue
Miami, FL 33136
OmniLegislation www.miamicra.com
C R A
OMNI CRA Resolution: CRA-R-19-0028
File Number: 6553 Final Action Date: 9/26/2019
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, 2019 AND
ENDING SEPTEMBER 30, 2020; 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 2019-2020 redevelopment
activities, the Board of Commissioners must approve the CRA's proposed General Operating
Budget and Tax Increment Fund Budget for the Fiscal Year commencing October 1, 2019 and
ending September 30, 2020; and
WHEREAS, the CRA's Annual General Operating and Tax Increment Fund Budget is in
the total amount of $54,045,391.00 for the fiscal year commencing October 1, 2019 and ending
September 30, 2020 ("Budget"); and
WHEREAS, as part of the Budget, the Executive Director of the CRA shall receive a
one-time salary increase of twenty-five percent (25%) and a cost of living
adjustment increase no greater than two to five percent (2% - 5%) each year thereafter; and
WHEREAS, pursuant to the 2007 Interlocal Agreement, as amended, between the City
of Miami ("City"), Miami -Dade County ("County"), the CRA, and the Southeast Overtown/Park
West Community Redevelopment Agency, a copy of the budget is to be transmitted to the City
and the 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 attached CRA General Operating Budget and Tax Increment Fund
Budget for the Fiscal Year commencing October 1, 2019 and ending September 30, 2020 are
approved and adopted.
City of Miami Page 1 of 2 File ID: 6553 (Revision:) Printed On: 101812019
File ID: 6553
Enactment Number: CRA-R-19-0028
Section 3. The Executive Director is entitled to a one-time salary increase and annual
cost of living increases as stated herein.
Section 4. The Executive Director is directed to transmit a copy of the budget to the City
and the County.
Section 5. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
Barnaby,L-.1Min, Deputy City Attorney 9/21/2019
City of Miami Page 2 of 2 File ID: 6553 (Revision:) Printed on: 101812019