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HomeMy WebLinkAboutMCRA-R-12-0003City of Miami Legislation MCRA Resolution: MCRA-R-12-0003 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12-00406 Final Action Date: 4/26/2012 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S SECOND AMENDED SPECIAL REVENUE FUND BUDGET AND GENERAL OPERATING BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2011 AND ENDING SEPTEMBER 30, 2012; FURTHER DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMITA COPY OF THE AMENDED BUDGETS TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY. WHEREAS, the Board of Commissioners of the Midtown Community Redevelopment Agency, by Resolution No. MCRA-R-11-0006, passed and adopted on July 28, 2011, approved and adopted the CRA's Special Revenue Fund Budget and General Operating Budget for the fiscal year commencing October 1, 2011 and ending September 30, 2012; and WHEREAS, the Board of Commissioners, by Resolution No. MCRA-R-12-0001, passed and adopted on February 27, 2012, approved and adopted the Amended Special Revenue Fund Budget and General Operating Budget for Fiscal Year 2012 based the amount of tax increment funds actually received; and WHEREAS, it is necessary to amend the budget as per the Interlocal Cooperation Agreement, dated June 30, 2005, the Second Amended Special Revenue Fund Budget and General Operating Budget for Fiscal Year 2012, reflects the correction requested by Miami Dade County. The funds that were listed under line item "Other Grants and Aids", has been removed and allocated to the line item for "Administration"; and WHEREAS, the Board of Commissioners wishes to approve and adopt the CRA's Second Amended Special Revenue Fund Budget and General Operating Budget for the fiscal year commencing October 1, 2011 and ending September 30, 2012; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The CRA's Second Amended Special Revenue Fund Budget and General Operating Budget for the fiscal year commencing October 1, 2011 and ending September 30, 2012, as attached, is approved and adopted. Section 3. The Executive Director is directed to transmit a copy of the amended budgets to the City of Miami and Miami -Dade County. City of Miami Page 1 of 2 File Id: 12-00406 (Version: 1) Printed On: 11/7/2022 File Number: 12-00406 Enactment Number: MCRA-R-12-0003 Section 4. This resolution shall become effective immediately upon its adoption. City of Miami Page 2 of 2 File Id: 12-00406 (Version: 1) Printed On: 11/7/2022