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NEW MIAMI
To: Honorable Mayor and Members f he City C fission
From: Marva L. Wiley, President/CEO/ QJ�NA���
Model City Community Revitalization District
Subject: Approval of Budget for FY 2005
Date: July 1, 2004
RECOMMENDATION:
It is respectfully requested that the City Commission approve the FY 2005 budget
as proposed for the Model City Community Revitalization District Trust ("Model
City Trust") as approved by the Board of Directors of the Model City Trust.
BACKGROUND:
The Board of Directors of the Model City Trust approved the proposed budget at
its regularly scheduled meeting of April 2004. The document was submitted to
the city manager's designee, the Chief of Strategic Planning, Budgeting and
Performance, concurrent with the submittal to the Board.
While most elements of the budget are consistent with the appropriation from FY
2003, you should note that the FY 2005 budget does take into account the two (2)
grants of $200,000 each that were awarded to the Model City Trust by the U.S.
Environmental Protection Agency for Brownfields remediation for FY 2005.