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HomeMy WebLinkAboutcover memoSOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM To: Mayor and Members of the City Commission Date: September 14, 2004 File: Subject: Recommendation to Adopt the CRAs' FY '05 Budget Proposals From: Frank K. Rollason References: Executive Director Enclosures: RECOMMENDATION: It is recommended that the attached Resolution be approved by the City Commission adopting Fiscal Year '05 Budgets for both the Southeast Overtown/Park West and the Omni CRAs as approved by the CRAs' Board of Directors at their regular board meeting held on September 20, 2004. BACKGROUND: Article VI (Responsibilities of Miami CRA), Section 6.1 of the current Inter -Local Agreement between the City of Miami and the Miami CRAs requires that the CRA prepare and submit to the City a proposed budget which identifies the projects and activities to be planned, designed, developed, implemented and carried out by the Miami CRA prior to appropriations, allocation and approval of the City's yearly budget. Therefore, these budgets are being presented for Commission action. FKR/eh