Loading...
HomeMy WebLinkAboutMCRA-R-21-0001Midtown Community Redevelopment Agency Legislation MCRA Resolution: MCRA-R-21-0001 Midtown CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 9553 Final Action Date: 9/13/2021 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), ACCEPTING AND APPROVING 2022 PROPOSED BUDGET OF THE CRA, ATTACHED AND INCORPORATED AS EXHIBIT "A," IN THE AMOUNT OF $20,638,418, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2021 AND ENDING SEPTEMBER 30, 2022 RESPECTIVELY; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF EACH BUDGET TO THE CITY OF MIAMI AND TO 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 2021-2022, the Board of Commissioners of the CRA must approve the proposed Tax Increment budget for the fiscal year commencing October 1, 2021, ending September 30, 2022; and WHEREAS, pursuant to an Interlocal Agreement, as amended, of which the CRA is a party to, a copy of each budget is required to be transmitted to the City of Miami and Miami - Dade County; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: 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 the CRA hereby approves and adopts the 2022 proposed budget for the fiscal year commencing October 1, 2021 and ending September 30, 2022. Section 3. The Executive Director is directed to transmit a copy of the CRA's 2022 proposed budget to the appropriate officials of the City of Miami and of Miami -Dade County. Section 4. This Resolution shall become effective immediately upon its adoption. City of Miami Page 1 of 2 File ID: 9553 (Revision:) Printed On: 9/14/2021 File ID: 9553 Enactment Number: MCRA-R-21-0001 APPROVED AS TO FORM AND CORRECTNESS: Barnaby 1_, Min, Deputy City Attorney 8/27/2021 City of Miami Page 2 of 2 File ID: 9553 (Revision:) Printed on: 9/14/2021