Loading...
HomeMy WebLinkAboutItem #26 - First Reading Ordinance119 Z-87-910 10/8/87 ORDINANCE NO. AN ORDINANCE AMENDING SECTION 1 OF ORDINANCE NO. 9590, ADOPTED APRIL S. 1983, T8E SOUTHEAST OVERTOWN/PARE WEST REDEVELOPMENT TRUST FUND ORDINANCE, WHEREBY THE QUANTITY. TYPE AND TIMING OF PAYMENTS ARE MODIFIED TO CONFORM WITH REVISIONS IN FLORIDA STATE LAW; CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. WHEREAS, the City of Miami by F approved, in principle,the Southeast Ov Redevelopment Plan (hereinafter ref WHEREAS, Dade County by Resolu the PROJECT establishing the Sou Area (hereinafter referred to as PAdJEtT AREA) as a separate community redevelopment/ area for tax increment financing purposes; and I WHEREAS, Dad oun by Ordinance No. 82-115 has established 4 and created in ac6 ante with the provisions of Florida Statute, Sectio 163.38 a edevelopmeat Trust Fund (hereinafter referred to as the ) d has authorized allocation of monies from such FUND; WHE S. 1988 revisions to Florida State Law has necessitated an amendment to Ordinance No. 9890; WHEREAS, the City of Miami by Ordinance No. 9890 has authorized payment into the Southeast Overtown/Park West Redevelopment Fund and further authorized the City to take full management responsibility for the fund; NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. Section 1 of Ordinance No. 9890 adopted. April 6, 1983. is hereby amended in the following particulars: I/ 1/ Words and/or figures stricken through shall be deleted. Underscored words and/or figures shall be added. The remaining provisions are now in effect and remain unchanged. Asterisks indicate omitted and unchanged material. L 1,