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HomeMy WebLinkAboutCRA-R-04-0005 OMNI BUDGET COVER LETTERCRA Board of Directors Meeting September 20, 2004 SOUTHEAST OVERTOWN/PARK WEST AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM Chairman Arthur E. Teele, Jr. and Members of the CRA Board Date: File: 04-00822 Subject: Omni/CRA Proposed General Operating and Tax Increment Fund Budgets for Fiscal Year Ending September 30, 2005 From: Frank K. Rollason References: Executive Director Enclosures: Resolution, Respective Budgets RECOMMENDATION: It is recommended that the Board of Directors for the Omni Community Redevelopment Agency ("Omni/CRA") approve the attached resolution adopting the proposed CRA General Operating and Tax Increment Fund Budgets for Omni/CRA Fiscal Year Ending September 30, 2005 and directing the Executive Director to transmit copies of the Budgets to the City of Miami and Miami -Dade County. Please note that projected TIF revenues are presented as provided by the City of Miami's Department of Strategic Planning, Budgeting and Performance. JUSTIFICATION: As required annually, the proposed CRA General Operating and Tax Increment Fund Financing Budgets for Omni/CRA is presented for consideration, modification, and adoption. FKR/eh