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HomeMy WebLinkAboutMCRA-R-22-0001Midtown Community Redevelopment Agency Legislation MCRA Resolution: MCRA-R-22-0001 Midtown CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 12442 Final Action Date: 9/13/2022 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), ACCEPTING AND APPROVING 2023 PROPOSED BUDGET OF THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY, ATTACHED AND INCORPORATED AS EXHIBIT "A", IN THE AMOUNT OF $27,915,017, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2022 AND ENDING SEPTEMBER 30, 2023 RESPECTIVELY; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A 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 the redevelopment activities for Fiscal Year 2022-2023, the Board of Commissioners of the CRA must approve the proposed Tax Increment budget for the fiscal year commencing October 1, 2022 ending September 30, 2023. WHEREAS, pursuant to an Interlocal Agreement, as amended, which the CRA is a party to, 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 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 2023 proposed budget for the fiscal year commencing October 1, 2022 ending September 30, 2023. Section 3. The Board of Commissioners of CRA hereby ratifies and adopts the current compensation package of the executive director earned since September 13, 2021. Section 4. The Executive Director is directed to transmit a copy of each 2023 proposed budget to the City of Miami and Miami -Dade County. Section 5. This Resolution shall become effective immediately upon its adoption City of Miami Page 1 of 2 File ID: 12442 (Revision:) Printed On: 9/14/2022 File ID: 12442 Enactment Number: MCRA-R-22-0001 APPROVED AS TO FORM AND CORRECTNESS: z, i y ttor ey ) 8/24/2022 City of Miami Page 2 of 2 File ID: 12442 (Revision:) Printed on: 9/14/2022