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HomeMy WebLinkAboutR-22-0378City of Miami Resolution R-22-0378 alldl 11 li.Rl I + Legislation File Number: 12456 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 9/22/2022 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING AND APPROVING THE 2023 ANNUAL BUDGET OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), ATTACHED AND INCORPORATED AS EXHIBIT "A", IN THE TOTAL AMOUNT OF $92,443,744 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2022, AND ENDING SEPTEMBER 30, 2023. WHEREAS, pursuant to Part III, Chapter 163, Florida Statutes, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") was created within the boundary limits of the City of Miami ("City") by action of Miami -Dade County ("County") and the City; and WHEREAS, Article VI, paragraph 6.1(b) of the Interlocal Cooperation Agreement dated March 1, 2000 between the City, the County, the SEOPW CRA, and the Omni Redevelopment District Community Redevelopment Agency, as revised and amended, requires that the SEOPW CRA submit its budget and related amendments, modifications, and alterations of projects to the City Commission and to the Board of County Commissioners; and WHEREAS, the Board of Commissioners of the SEOPW CRA approved the SEOPW CRA's General Operating and Tax Increment Fund Budget ("Budget"), attached and incorporated as Exhibit "A," on September 22, 2022, for the Fiscal Year commencing October 1, 2022, and ending September 30, 2023, in the total amount of $92,443,744.00; and WHEREAS, the SEOPW CRA requests the acceptance and approval of the SEOPW CRA's Budget by the City Commission in the total amount of $92,443,744.00, attached and incorporated as Exhibit "A," for the Fiscal Year commencing October 1, 2022, and ending September 30, 2022; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are approved by reference and incorporated as if fully set forth in this Section. Section 2. The SEOPW CRA's Budget in the total amount of $92,443,744.00, attached and incorporated as Exhibit "A," for the Fiscal Year commencing October 1, 2022, and ending September 30, 2023, is accepted and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and City of Miami Page 1 of 2 File ID: 12456 (Revision:) Printed On: 1011212022 File ID: 12456 Enactment Number: R-22-0378 signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File ID: 12456 (Revision:) Printed on: 1011212022