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HomeMy WebLinkAboutR-00-0859J-00-1101 9/28/00 RESOLUTION NO. 00— 5 9 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND. ADOPTING THE AMENDED BUDGET FOR THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY FOR FISCAL YEAR 2000, ATTACHED HERETO AS "EXHIBIT A" AND MADE A PART HEREOF. WHEREAS, the City of Miami approved and adopted the Southeast Overtown/Park West Community Redevelopment Plan pursuant to Resolution Nos. 82-7.55 and 85-1247.; and WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") is responsible for carrying out community, redevelopment activities and projects in the Southeast Overtown/Park West Redevelopment Area; and WHEREAS, on September 25, 2000,. the Board of Directors of the SEOPW CRA approved its Amended Budget for Fiscal Year 2000 to reflect standard routine quarterly adjustments; and WHEREAS, the City Commission wishes to approve and adopt the Amended Budget for Fiscal Year 2000 for the SEOPW CRA, attached hereto as "Exhibit A", and made a part hereof; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: ATTA 01 E Can TA I CITY COMMISSION EET119G OIF SEP 2 02000 arsoiusau • Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference and incorporated as if fully set forth in this Section. Section 2. The Amended Budget for Fiscal Year 2000 for the Southeast Overtown/Park West Community Redevelopment Agency, attached hereto as "Exhibit A" and made a part hereof, is hereby approved.and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayorl/. PASSED AND ADOPTED this 28th day of September , 2000. JOE CAROLLO, MAYOR M accordance with Miami Code Sec. 2-36, since the Mayor did not Indicate approval of thin ' . -'station by signing it in the designated place provided, said le 's kticr. . ,;v becu,cies effective with the elapse of en (10) dayro a ate of C issicr .n uegarding same, without the �ayore is g 2t,ex n ATTEST: WALTER J. FOEMAN CITY CLERK S :t/ Walter J. Clerk 1� If the Mayor does not sign this Resolution, it shall become effective at the end of ten 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. Page 2 of 2 U r CITY OF MIAMI COMMUNITY REDEVELOPMENT AGENCY ReYL-4d September 11, 2000 Funding Sources Tax Increment Revenues -City Tax Increment Revenues -County City of Miami- Parking Revenue Permitting & Developmental Fees - 3MP Interest on Investment Rental Guaranteed Entitlement City of Miami General Support Interlocal Agreement - General Assistance Interlocal Agreement - CDBG Support Prior year carryover and reimbursement 3rd Avenue Business Corridor HOPWA CDBG Projects 1995 Special Non Ad Valorem Revenue Bonds Section 108 Loan Safe Neighborhood Program Florida Inland Navigation District Grant CLUC Project (Laredo/Re-Use Plan) HOME (Homeownership Counseling & Qualification) Grants to Existing Businesses Community Development Block Grant -Year 1 - Unfunded Community Development Block Grant -Year 2 - Unfunded Other Expenditures SEOPW Trust Fund - Fiscal Year 2000 243,600 - YTD 100,000 - 200,000 100,000 Adopted 07/31/2000 Projection Difference $ 353,879 $ 353,879 $ 353,879 $ - 217,103 283,409 283,409 66,306 75,000 (9,375) 65,625 (9,375) 44,615 80,189 90,000 45,385 - 6,155 6,155 6,155 336,595 388,339 388,339 51,744 279,488 353,649 353,649 74,161 379,900 64,688 379,000 (900) 4,001,854 - 1,487,459 (2,514,395) - - 3,000,000 3,000,000 1,000,000 - 1,000,000 - 1,000,000 - 1,000,000 - 2,000,000 - - 2,000,000 - 243,600 - - (243,600) 100,000 - 200,000 100,000 262,322 - 524,644 262,322 500,000 - 500,000 - 3,000,000 - - (3,000,000) 1 817 918 634 438 62,000 (1,817,918) Total Funding $15,612,274 $2,155,371 $11,632,159 $ (3,980,115) Salaries & Fringe Benefits 896,434 320,645 415,645 (480,789) Operating Expenses 372,340 261,127 561,127 188,787 Furniture, Fixtures and Equipment 62,000 27,337 62,000 - Projects and Programs 13,388,210 61,996 8,224,644 (5,163,566) County Interlocal Agreement - - - _ Debt Service - 175,979 907,795 907,795 Budget Reserve 893,290 - 1,460,948 567,658 Charge back of Administrative Expenses - _ - - Total Expenditures $15,612,274 $ 847,084 $11,632,159 $ (3,980,115) Funding Sources over (Under) Expenditures 09/12/2000 9:16 AM $0 $1,308,287 $0 $0 0- S@ 9 r� CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: Carlos Gimenez DATE: September 26, 2000 FILE City Manager SUBJECT: Approving Budgets of the CRA FROM: Dipak M. Parekh REFERENCES: Executive Director ENCLOSURES: Enclosed you will find the copy of the CRA Budget's which was approved by the CRA Board of Director's on September 25, 2000. Please note that Honorable Arthur E. Teele, Jr. will present this budget for approval as a pocket item at the City Commission Meeting on Thursday September 28, 2000. cc: Honorable Arthur E. Teele, Jr. Walter J. Foeman, City Clerk' Alejandro Vilarello, City Attorney Linda Haskins, Budget Director A r },y c 10) 6 c:i] 1' �3 ' CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: The Honorable Mayor and Members DATE: September 25, 2000 FILE: of the City Commission SUBJECT: Resolution Approving Budgets of the CRA FROM: Arthur E. Teele, Jr. REFERENCES: Chairman, CRA , 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 2000. b) Omni Redevelopment Plan (CRA) Amended budget for fiscal year 2000. C) SEOPW-CRA budget estimate for fiscal year 2001. d) Omni -CRA budget estimate for fiscal year 2001. e) SEOPW-CRA Capital projects and programs. f) Omni -CRA Capital projects and programs. BACKGROUND On September 25, 2000 the CRA Board amended the fiscal year 2000 Budgets of the SEOPW-CRA and Omni -CRA and approved the budget estimates for fiscal year 2001. The adopted SEOPW Budget for fiscal year 2001 is $21, 969, 097 and the Omni -CRA Budget is $2,178,917. 00- 859