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HomeMy WebLinkAboutMCRA 2014-07-23 MinutesCity of Miami City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Meeting Minutes Wednesday, July 23, 2014 12:00 PM Miami City Hall Midtown Community Redevelopment Agency Francis Suarez, Chair Wifredo (Willy) Gort, Vice Chair Marc David Sarnoff, Commissioner Frank Carollo, Commissioner Keon Hardemon, Commissioner OMNI & MIDTOWN CRA OFFICE ADDRESS: 1401 N. Miami Avenue, 2nd Floor, Miami 33136 Phone: (305) 679-6868 www.miamicra.com Midtown Community Redevelopment Agency Meeting Minutes July 23, 2014 RESOLUTION 1. 14-00704 Midtown Community Redevelopment Agency Present: Vice Chair Gort, Commissioner Sarnoff and Chair Suarez Absent: Commissioner Carollo and Commissioner Hardemon On the 23rd day of July 2014, the Board of Commissioners of the MIDTOWN Community Redevelopment Agency of the City of Miami met in regular session at Miami City Hall, 3500 Pan American Drive, Miami, Florida. The meeting was called to order by Chair Suarez at 12: 33 p.m., and was adjourned at 12: 35 p.m. ALSO PRESENT: Pieter A. Bockweg, Executive Director, CRA Barnaby L. Min, Assistant General Counsel, CRA Todd B. Hannon, Clerk of the Board MCRA RESOLUTION A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE MIDTOWN REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENTAGENCY ("CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S PROPOSED GENERAL OPERATING BUDGETAND TAX INCREMENT FUND BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMITA COPY OF EACH BUDGET TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY. 14-00704 Cover Memo.pdf 14-00704 Draft Legislation.pdf 14-00704 Exhibit 1-SUB.pdf Motion by Board Member Sarnoff, seconded by Vice -Chair Gort, that this matter be ADOPTED WITH MODIFICATIONS PASSED by the following vote. Votes: Aye: Vice Chair Gort, Commissioner Sarnoff and Chair Suarez Absent: Commissioner Carollo and Commissioner Hardemon M C RA-R-14-0002 Chair Suarez: Good afternoon. It's 12: 33. We're going to commence with the Midtown Community Redevelopment Agency agenda. There is one item on the agenda which consists of a resolution approving the accompanying budget. Mr. Executive Director, would you like to explain how the Midtown CRA (Community Redevelopment Agency) functions? Pieter A. Bockweg (Executive Director, Midtown Community Redevelopment Agency): Yes, Mr. Chair. Thank you and good afternoon, everybody. As you know, as part of the budgetary process, this is the preliminary budget. We will be corning before you again sometime in February to do the amended budget, but this is required to make sure we meet the deadline with the City Commission accepting the budget. The budget before you obviously is our anticipated TIF (Tax Increment Fund) contribution from the City and the County; 99 percent of that will be going to pay the debt service for the Midtown area, and one percent goes to Administration. The items before you is the operating budget, as well as the special revenue, and from an operating side, I'm happy to report that we will be again under budget this year; we won't know exactly how much; we won't know that until we reconcile in October, and that's the item before you, sir. Chair Suarez: Thank you. Is there a motion on the only item on the agenda? Moved by Board Member Sarnoff. Is there a second? City of Miami Page 2 Printed on 8/18/2014 Midtown Community Redevelopment Agency Meeting Minutes July 23, 2014 ADJOURNMENT Vice Chair Gort: Second. Chair Suarez: Second by Board Member Gort. Todd B. Hannon (Clerk of the Board): Excuse me, Chair, before you take a vote, there are items being submitted into the record. Mr. Executive Director, did you want to share those details? Mr. Bockweg: Yeah. That's the line item budget, Commissioner. Before you is a summary that is a line item, so it would be as amended. Chair Suarez: As amended Is that -- does the maker agree with that amendment? Board Member Sarnoff.- Agreed. Chair Suarez: Seconder? Vice Chair Gort: Yes, sir. Chair Suarez: Thank you. Any further discussion? Hearing none, seeing none, all in favor, signify by saying "aye." The Board (Collectively): Aye. Chair Suarez: The Midtown meeting is now adjourned. The meeting adjourned at 12:35 p.m. City of Miami Page 3 Printed on 8/18/2014