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HomeMy WebLinkAboutMCRA-R-14-0001 Cover MemoMidtown Board of Commissioners Meeting - March 5th, 2014 MIDTOWN REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Francis Suarez and Members of the CRA Board Froni: PieterA Bockweg Executive Director Date: February 19th, 2014 File: Subject: Midtown CRA's Amended General Operating Budget & Tax Increment Fund Budget, for Fiscal year 2014. References: Enclosures: Attachment; Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Midtown Redevelopment District Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution, with attachment(s), adopting the amended Midtown CRA's General Operating Budget and Tax Increment Fund Budget, for the Fiscal Year commencing October 1, 2013, and ending September 30, 2014, and further directing the Executive Director to transmit a copy of each budget to the City of Miami and Miami -Dade County. JUSTIFICATION: The Interlocal Agreement requires the Midtown CRA to annually prepare an amended budget and transmit same to the City of Miami and Miami -Dade County. This Resolution fulfills this requirement.