HomeMy WebLinkAboutMCRA-R-09-0001 Cover Memo Version 2 August 6, 2009 Midtown Agenda MeetingMidtown Board of Commissioners Meeting
August 6, 2009
Item # 1
MIDTOWN
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Marc David Sarnoff Date: July 30, 2009 File: 09-00818
and Members of the CRA Board
From: James H. Vil1acorta �f
Executive Director
Subject: Midtown CRA Proposed General
Operating & Tax Increment Fund
Budgets for Fiscal Year 2010
References:
Enclosures: Legislation
BACKGROUND
It is recommended that the Board of Commissioners of the Midtown Community Redevelopment Agency
("Midtown CRA") approve and adopt the attached Resolution adopting the proposed Midtown CRA General
Operating and Tax Increment Fund Budgets for the Fiscal Year ending September 30, 2010 (FY '10) and
directing the Executive Director to transmit copies of the budgets to the City of Miami and Miami -Dade County.
JUSTIFICATION
The Midtown CRA is required to annually prepare a proposed budget and transmit the budget to the City of
Miami and Miami -Dade County. This Resolution fulfills that requirement.