HomeMy WebLinkAboutMCRA-R-20-0001Midtown
Community Redevelopment Agency
Legislation
MCRA Resolution: MCRA-R-20-0001
Midtown CRA
1401 N. Miami Avenue
Miami, FL 33136
www.miamicra.com
File Number: 7795 Final Action Date: 8/31/2020
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE MIDTOWN
COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S),
ACCEPTING AND APPROVING THE 2021 PROPOSED BUDGET OF THE CRA,
ATTACHED AND INCORPORATED AS EXHIBIT "A", IN THE AMOUNT OF
$15,279,146 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2020 AND
ENDING SEPTEMBER 30, 2021; DIRECTING THE EXECUTIVE DIRECTOR TO
TRANSMIT A COPY OF THE 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 the redevelopment activities for Fiscal Year
2020-2021, the Board of Commissioners of the CRA must approve the proposed Tax Increment
Budget ("Budget") for the fiscal year commencing October 1, 2020 ending September 30, 2021;
and
WHEREAS, a copy of the Budget is required to be transmitted to the City of Miami
("City") and Miami -Dade County ("County");
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
approved by reference and incorporated as if fully set forth in this Section.
Section 2. The Board of Commissioners of CRA hereby approves and adopts the
proposed Budget for the fiscal year commencing October 1, 2020 ending September 30, 2021,
attached and incorporated as Exhibit "A".
Section 3. The Executive Director is directed to transmit a copy of the proposed Budget
to the City and the County.
Section 4. This Resolution shall become effective immediately upon its adoption.
City of Miami Page 1 of 2 File ID: 7795 (Revision: A) Printed On: 9/2/2020
File ID: 7795 Enactment Number: MCRA-R-20-0001
APPROVED AS TO FORM AND CORRECTNESS:
Barnaby I_. Min, Deputy City Attorney 8/31/2020
City of Miami Page 2 of 2 File ID: 7795 (Revision: A) Printed on: 9/2/2020