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Home My WebLink AboutR-01-1020J-01-1059 09/25/01 RESOLUTTON NO. 01-1020 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE AMENDED BUDGET FOR THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGI.NCY FOR FISCAL YEAR 2001, ATTACHED HERE'T'O AS "EXI1T13IT A" AND MADE; A PART HEREOF. WHEREAS, the City of Miami. approved and adopted the Southeast Overtown/Park West CommuniLy Redevelopment Plan Pursuant to Resolution Nos. 82-755 and 83--12.47; and WHEREAS, ;:he Southeast Ovori.own/Par.k West Cow.uni.ty Redevelopment- Agency (the "SEO_1w CRA") is responsi.bla for carrying out community redevel.opment acLivities and projects in Lhe Southeast Ovcrtown/Park West Redevel.apment Area; and WHEREAS, on July 30'=x', 2001, the Board of Directors of the SEOPW CRA approved its Amended Budget for Fiscal. Year 2.U01 Lo reflecL standard routine mid -year adjustments; and WHEREAS, the City C0I1110.SFion wishes Lo approve and adopt the Amended Budget for Fiscal Year. 2001. for the SEQ21,1 CRA attached hereto as "Exhibit A"' and made as part hereof; NOW, TnREFORF, BE TT RESOLVi�'D BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: i* - -----....-.-__-w._.____.,....._ *—,--+ r CITY CODDUS'SSION MEETIP.-CS "or S r r ? 5 2001 liub+]ittlion IJn, 01--1020 Section 1 . The recita]_s and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if .Cully set in this Section. Section 2. The Amended Budget for Fiscal Year 2001 for the Southeast. Over.town/Park West Community Redevelopment: Agency, attached hereto as "Exhibit A" and made a part hereof, is approved and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. / PASSED AND ADOP'T'ED th.i s 25th duty OE _April __, 2001. AT'P lE'IS T : —�-- -JOE CAROLLO, MAYOR -- In accordance, with Miami 00(ki Sec. 2.-36>, since t.ho Mayor did not indicate approval of this Ie gislai.ion by dzisicjnatc:d place provided, said legislation now beCOIT7eS e(f(.Ctivo wilh Lite t late ; of ten (10) days from the date of commissioll action regarding same, without the Mayor (,mercising a vote. -A Wa er J. Fooman, City Clerk l WALTER J. FOHIMAN CITY CLERIC APPROVED TO FORM AI' CORRECTNESS: N VTT,ARELLO CITY TTORNFY W5 2:dd:kdw '- Tf the Mayor dogs not: sign: this Resolution, ie snail become effer,,tiv,t,. at the, crnd of t -en calendar days from t.he: date it was passed and adopted. It the tlztyar vet.ons this ReS01Ul:ieN1, it shall become efi'.ecti.ve :inunedizitel_y upon override oi` the veto try the City Commission. Page 2 of 2 01-1020 A-1.4 Jun. 19.20Di CITY Or ,.-gAMI COMMUNITY REDEVELOPMENT AGENCY SEOPW Trust Fund . Fiscal Year 2001 07101" P.. • • funding Sources Tax Increment Revenues -City Adopted FN 2000 Modified FY'2000 Adopted FY 2001 YTD 6111!2000 Estimate FY Tax Increment Rovenues-County S 353,879 S 353,679 $ 574,104 S 574,108 2001 S 57<,104 Difference ; City Of Miami- Parking Revenue 217.103 75.000 283,409 370,750 344,280 344,280 (26.478) Permitting & Developmental Fees • 3MP 65,625 150.000 46.581 60,000 (90,000) Interest on investment Rental 44,615 - 90,(]00 150,000 90,000 -(150,000) 48,550 Guaranteed Entitlement City � 6,155 90,155 63,425 81.616 84.000 (8,384) (6,155) of Miami Interlocal Agreement - General Assistance 336,595 - 388,339 300.000 - - 300.000 lnlorlyaiAgrrYovor - Support 279,488 353.649 279.488 - 139,746 375,000 194488 375,000 Prior year carryover and reimbursement re(m 379,900 4,001,051 379,000 379,000 649,651 1,100Upp {05,000) 721'000 3rd Avenue Business Corridor 1,487,459 1,160,918 4,258,953 2,786,005 HOPWA CDBG Projects - 1.01,000 3,0013,000 1,000,000 3,000,000 1,000,000 800,622 3,000,000 _ 1995 Special Non Ad Valorem Revenue Bonds 1'DDO•WO 1.000'000 1,000,000 - 548,584 1,000000 1,000.000 Section 108 Loan 2•000.000 - 2,000,000 2,000,000 - 2,250,000 250 r Transfers Florida Inland Navigation District GtantISAFE - - 1,800.000 - •_ (1,800,000) CLUC Project (LaredolRe-Use Plan) 243.600 HOME (Homeownerstrip Counseling & Qualification)- 100•(}00 200,000 300,000 300,000 Grants to Existing Businesses 262.31? 524,644 500,000 SZ4,644 - 788,966 262.322 Community Development Block Grant -tear 1 - Unfunded500'WO 3.000,000 500,000 - 471,770 (28,230) Community Development i3lock -rant -Year 2 Unfunded - 3,000,000 (3,000,0(X1) Fannia Mae 1 817 9181 5,000.000 (5,000.000) Total Funding 515,612274 511,632.159 521,069097 =3215,543 200 000 317379,977 1 200,000 S 4,589,920 froenditures Sala8 Fringe Benefi Operating es (sets S 896,434 Operating Expenses (See Notes) 372,340 ; 415,645 $ 963,231 S 503,583 S 762,090 $ (201,133) Furniture, fixtures and £qui.; rent 62,000 561.127 679.034 655,976 1,297,000 617,916 Projects and Programs County Interlocal Agreement 13,386.210 62.00 8,224,644 62.000 19.624,644 16,660 2,095,858 52,000 13,556,242 (10,000) Debt Service (6,068,402) C, Budget Reserve Fannie Mae Reserve -e07.795 693.290 1,460,948 356,600 283,530 - - 35660b , Transfers - 56 .600 300,000 (233,534) 300,000 i Total Expenditures 115,812271 511,632,158 321,989097 33272,077 Stl3 9177 1005237 S 4,589,920 Funding Sources over ;Under) Expenditures St) C, 30 S4 356.534 11111111011111 SJ s0 Notes: Operating Expenses InCladfe prior years expenditures 07101" P.. • • CITY OF MIAMI MMUNITY REDEVELOPMENT AGED Ftms" .Ne 11. toot Furniture, Fixtures and Eguipment FY'2001 FY'2001 27,000 S Adopted Estimate Difference Difference Llne Mem Detail FY' 2001 FY' 2001 Est - Adp. Est. - Mod. 19,000 - 843 - Lease Equipment 10,000 Operating Expenses - - Total Furniture, Fixtures and Equipment $ 62,000 52, DOD S 620 - Rent $ 65,000 S 80.000 $ 15,000 S 40.000 610 - Rent of Equipment 10,000 10,000 - 700 - Office Supplies 20,000 35,000 15,000 533 - Postage 4,000 1,000 (3,000) (3,000) 287 -Advertising 4,000 69,000 65,000 534 - Delivery Service 2,500 4,500 2,000 - 650 - Insurance Liability 20,000 15,000 (5,000) 722 -Miscellaneous Supplies 2,000 2,000 250 - Professional Svcs - Architect 60,000 30,000 (30.000) (30,000) 231 - Professional Svcs - Legal "(See Notes) 182;884 '300,000 117,116 47,116 270 - Professional Svcs - Other - 1,000 1,000 1,000 280 - Profossional Svcs - Accounting 55,000 25,000 (30,000) (30,000) 340 - Other Contractural Services '(See Notes) 75,000 440,000 365,000 140.000- 901 - Personnel Services - Admin 25,000 35,000 10,ODD 10,000 902 - Personnel Services - Projects - - 670 - Repair 3 Maintenance 15,000 7,000 (8,000) (8,000) 680 - Printing 9,000 40,000 31,000 7,417 760 - Books and Publications 8,000 7,000 (11000) (1,000) 410 - Travel - Training 6,000 6,000 - - 420 - Travel - Other '15,000 15,000 - - 510 - Telephone Services 20,000 12,000 (8,000) - 540 -Electricity 5,700 - (5,700) (5,700) OB3 - Gar Allowance 20,000 10,000 (10,000) (10,000) 080 - Expense Allowance 30,000 15,000 (15,000) (15,000) 903 - Materials and Supplies 30,000 40,000 10,000 10,000 495 - Parking Faqxnse - 8,500 8,500 170 - Severance Pay - 7,500 7,500 (2,500) 180 - Tuition Reimbursement 5.000 7,500 2,500 2,500 930 -Aid to Private Organizations - - - 000 = Transfers to City Clerk and Law Department - 50,000 50,000 710 - Food 24.000 24,000 - Totat Operating $ 679,084 $ 1,297,000 $ 617,916 $ 152,833 Furniture, Fixtures and Eguipment 840 - Equipment - New $ 27,000 S 8,000 S (19,000) S (7,500) 841 - Office Furniture 25,000 15,000 (10,000) - 810 - Land - 19,000 19,000 - 843 - Lease Equipment 10,000 10,000 - - Total Furniture, Fixtures and Equipment $ 62,000 52, DOD S (10,D00) $ (7,500) Notes: Prior years expenditures are included for Legal Services an Page 1 of 1 Executhe Assistant Special Projects Coordinator Community Rel `opment Agency OMNI Property Owners SEOPW Property Owners Board Members Executive Director Deputy Director/ Chief Financial Officer Senior Administrative Coordinator Senior Business Developer / Budget Officer Senior Project Manager • Communfty Uason Office Manager I Junior Planner Project Coordinator Sanitation Inspector Secretary ecreta Adjunct J Researcher Project Specialist • Historical Preservationist f Receptionist Davis Bacon Assistant to Receptionist! Comptroller Cleric Adminktrative Officer/Contract Compliance CITY 0= M A111. FLORIDA INTER -OFFICE MEMORANDUM 32 TC The Honorable Mayor and _.%7_ August 30, 2001 =,t Members of the Cit_v Commission Resolution Approving ( Budgets of CRA Annette Lewis, CRA —�Cn} �e-�;atice� k' Acting Executive Director RECOMMENDATION It is respectfully recommended that the City Commission adopt the attached resolutions accepting the: a) Southeast Overtown/ Park West (SEOPW) Community Redevelopment Plan (CRA) Amended budget for fiscal year 2001. b) Omni Redevelopment Plan (CRA) Amended budget estimate for fiscal year 2001. C) SEOPW-CRA budget estimate for fiscal year 2002. d) Omni -CRA budget estimate for fiscal year 2002. e) SEOPW-CRA Capital projects and programs f) OMNI -CRA Capital projects and programs. BACKGROUND On July 301h, 2001 the CRA Board amended the fiscal year 2001 Budgets of the SEOPW- CRA and Omni -CRA and accepted the budget estimates for fiscal year 2002. �. CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM ITEM 2 Chairman Teele and DATE: July 30, 2001 FILE: Members of the CRA Board SUBJECT.- SEOPW/CRA Budget FY 2001 FROM: REFERENCES: Dipak M. Parekh -- k : Executive Director�' ENCLOSURES: Resolution & Budget RECOMMENDATION It is recommended that the Community Redevelopment Agency (CRA) Board of Directors approve the attached resolution and transmit to the City of Miami Commission the Adjusted Budget for fiscal year 2001 for the SEOPW Community Redevelopment Agency (SEOPW/ CRA). BACKGROUND The modifications are based on standard routine adjustments, which consist of the following revisions from the adopted budget approved by the CRA Board of Director's on September 18th, 2000. The proposed budget amendment is $17,379,177, a decrease of $4,589,920 over the fiscal year 2001 adopted budget. Item Adopted Modified Difference Revenues: Fannie Mae 0 $1,200,000 $1,200,000 Prior Year Carryover 1,460,948 4,256,953 2,796,005 Unfunded CDBG 8,000,000 0 (8,000,000) Section 108 Loan 1,800,000 0 (1,800,000) 1995 Rev. Bond 2,000,000 2,250,000 250,000 Other 2,155,045 3,119,120 964,07.5 Expenditures: Projects & Programs $19,624,644 $13,556,242 $(6,068,402) Other 2,344,453 3,822,935 1,478,482 CI -1.02A ITEM 2 SEOPW/CRA RESOLUTION NO. SEOPW/CRA A RESOLUTION OF TfIE BOARD OF DIRECTORS OF THE COMMUNITY REDEVELOPMENT AGENCY ("CRA") APPROVING AND TRANSMITTING AN AMENDMENT TO THE FISCAL YEAR. 2001 BUDGET ATTACHED HERETO AS EXHIBIT "A" AND MADE A PART HEREOF (THE "AMENDED BUDGET"'). WHEREAS, the City of Miami approved and adopted the Southeast Overtown/Park West Community Redevelopment Plan pursuant to Resolution Nos. 82- 755 and 85-1247 (the "Redevelopment Plan"); and WHEREAS, the CRA is responsible for carrying out community redevelopment activities and projects in the Southeast Overtown/Park West Redevelopment Area (the "Redevelopment Area") established pursuant to the Redevelopment Plan; and WHEREAS, the CRA desires to approve and transmit to the City of Miami the Amended Budget; and WHEREAS, the CRA desires to reimburse the City Clerk and the City Attorney's for services rendered, as reflected in exhibit "A" line item budget and requests the Finance Department to transfer said funds. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE 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 CRA hereby approves the Amended Budget attached as Exhibit A and incorporated herein by reference. Section 3. The resolution shall be effective upon its adoption. PASSED AND ADOPTED on this 30'x' day of July, 2001. Arthur 1,. Teele, Jr., Chairman 01-1,020 ATTEST: Walter J. Foeman, City Clerk APPROVED AS TO FORM AND CORRECTNESS: Alejandro VilarelIo City attorney ITEM 2 SEOPW/CRA 01-10 3i1