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,