HomeMy WebLinkAboutCRA-R-05-0025 Cover Memo001From
SEOPW & Omni CRA Board Of Directors Meeting
June 23, 2005
Item # 1
SOUTHEAST OVERTOWN/PARK WEST
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
Chaimnan Johnny L. Winton
and Members of the CRA Board
Frank K. Rollason
Executive Director
Date: 06/17/05 File:05-00496
Subject: Omni CRA Proposed General
Operating & Tax Increment Fund
Budgets for Fiscal Year 2006
References
Enclo +!res: Supporting Documentation:
Legislation
RECOMMENDATON:
It is recommended that the Board of Directors for the Omni Redevelopment District Community
Redevelopment Agency approve the attached Resolution adopting the proposed Community Redevlopment
Agency (CRA) General Operating and Tax Increment Fund Budgets for the OMNI CRA Fiscal Year ending
September 30, 2006 and directing the Executive Director to transmit copies of the Budgets to the City of
Miami and Miami -Dade County. Please note that projected Tax Increment Fund (TIF) revenues are
presented as provided by the City of Miami's Department of Strategic Planning, Budgeting and Perfomnance
and will be adjusted to the actual amounts at the time of receipt.
JUSTIFICATION:
As required annually per Omni/CRA Resolution No. 04-06, the proposed CRA General Operating and Tax
Increment Fund Financing Budgets for the OMNI CRA are presented for consideration, modification, and
adoption no later than the June Board meeting of each year.
FKRfeh