HomeMy WebLinkAboutMCRA-R-16-0002 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 16-01198 Final Action Date:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE MIDTOWN
COMMUNITY REDEVELOPMENT AGENCY ("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, 2016 AND ENDING SEPTEMBER 30, 2017;
DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMITA COPY OF EACH
BUDGET TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY.
WHEREAS, the Midtown Community Redevelopment Agency ("CRA") is responsible for carrying
out community redevelopment activities and projects within its Redevelopment Area; and
WHEREAS, as a prerequisite to carrying out Fiscal Year 2016-2017 redevelopment activities, the
Board of Commissioners must approve the CRA's proposed General Operating Budget and Tax
Increment Fund Budget for the Fiscal Year commencing October 1, 201.6 and ending September 30,
2017; and
WHEREAS, pursuant to an Interlocal Agreement, as amended, a copy of each budget is to be
transmitted to the City of Miami and Miami -Dade County;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
MIDTOWN COMMUNITY REDEVELOPMENTAGENCY 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 attached CRA General Operating Budget and Tax Increment Fund Budget for the
Fiscal Year commencing October 1, 2016 and ending September 30, 2017 are approved and
adopted.
Section 3. The Executive Director is directed to transmit a copy of each budget to the City of
Miami and Miami -Dade County.
Section 4. This Re"solutior9shall become effective immediately upon its adoption.
APPRO'F-ED AS TO 1 ANI Of}2RECTNESS: ( ,../.
1ICTORIA MENDEZ, BN,ERAL COUNSEL
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City of Miami
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File Id: 16-01198 (Version: 1) Printed On: 8/16/2016