HomeMy WebLinkAboutCRA-R-05-0026 Cover MemoSEOPW & Omni Board Of Directors Meeting
June 23, 2005
SOUTHEAST OVERTOWN/PARK WEST Item #2
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
To. Chairman Johnny L. Winton
and Members of the CRA Board
From FranICK. Roiiason
Executive Director
Date: 6/17/05 File:05-00497
Subject. SEOPVV CRA Proposed General
Operating & Tax increment Fund
Budgets for Fiscal Year 2006
Reference.;
Enclosures Supporting Documentation;
Legislation
RECOMMENDATON:
It is recommended that the (SEOPW CRA) Board of Directors for the Southeast Overtown/park West
Community Redevelopment Agency approve the attached Resolution adopting the
proposed
Operating and Tax Increment Fund Budgets for the SEOPW CRA Fiscal Year ending September 30,General
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 Funds (TIF) revenues are presented as provided by the
City of Miami's Department of Strategic Planning, Budgeting and Performance and will be adjusted to the
actual amounts at the time of receipt.
JUSTIFICATION:
As required annually per SEOPW/CRA Resolution No. 04-11, the proposed CRA General Operatingand
Tax Increment Fund Financing Budgets for the SEOPW CRA are presented for consideration, modification
and adoption no later than the June Board meeting of each year,
FKR/eh