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HomeMy WebLinkAboutCRA-R-05-0009 LEGISLATIONCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us File Number: 04-01375 Final Action Date: A JOINT RESOLUTION OF THE BOARDS OF DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST AND OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCIES ("CRAS') ESTABLISHING A POLICY AUTHORIZING THE EXECUTIVE DIRECTOR, IN CASES OF EMERGENCY, TO ADVANCE PERSONAL FUNDS TO PAY BOARD APPROVED CRA EXPENSES AND TO THEN SEEK REIMBURSEMENT UPON SUBMISSION OF PROPER DOCUMENTATION AND APPROVAL BY THE CRAS' FINANCIAL OFFICER; EXCEPT THAT, IF THE AMOUNT TO BE REIMBURSED EXCEEDS $1, 000 THE APPROVAL OF THE CRA'S CHAIRMAN OR VICE-CHAIRMAN SHALL ALSO BE REQUIRED. WHEREAS, the Fiscal Year 2004 external audit of the Southeast Overtown/Park West and Omni Redevelopment District Community Redevelopment Agencies ("CRAs') conducted by Sanson, Kline, Jacomino & Company, LLP ("SK&J") noted that, in cases of emergency, the Executive Director had advanced personal funds to pay CRA expenses and then been reimbursed; and WHEREAS, SK&J recommended that the Executive Director obtain Board approval for the emergency use of personal funds to pay CRA expenses; and WHEREAS, the Boards of Directors wish to adopt a policy authorizing the Executive Director, in cases of emergency, to advance personal funds to pay Board approved CRA expenses and to then seek reimbursement; NOW, THEREFORE, BE IT RESOLVED BY THE BOARDS OF DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST AND THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCIES 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 Boards of Directors hereby establish a policy authorizing the Executive Director, in cases of emergency, to advance personal funds to pay Board approved CRA expenses and to then seek reimbursement upon submission of proper documentation and the approval of the CRAs' Financial Officer; except that, if the amount to be reimbursed exceeds $1,000 the approval of the CRA's Chairman or Vice-chairman shall also be required. City of Miami Page 1 0f2 Printed On: I/21/2005 File Number: 04-01375 Section 3. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: JORG L ANDEZ GENERAL CO NSEL Cityof Miami Page 2 of 2 Printed On: 1/21/2005