HomeMy WebLinkAboutCRA-R-05-0041City of Miami
Legislation
CRA Resolution: CRA-R-05-0041
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 05-01024 Final Action Date: 11/3/2005
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S
AMENDED GENERAL OPERATING AND TAX INCREMENT FUND BUDGETS FOR
THE FISCAL YEAR COMMENCING OCTOBER 1, 2005 AND ENDING
SEPTEMBER 30, 2006, REFLECTING THE ELIMINATION OF THE ANNUAL
CONTRIBUTION BY THE CITY OF MIAMI; AND DIRECTING THE EXECUTIVE
DIRECTOR TO TRANSMIT A COPY OF EACH BUDGET TO THE CITY OF MIAMI
AND MIAMI-DADE COUNTY.
WHEREAS, on June 23, 2005, by Resolution CRA-R-05-0025, the Board of Directors of the Omni
Redevelopment District Community Redevelopment Agency ("CRA"), adopted the CRA's General
Operating and Tax Increment Fund Budgets for the Fiscal Year commencing October 1, 2005 and
ending September 30, 2006, which included a contribution of $659,388.00 from the City of Miami as
provided for by Inter -Local Agreement between the CRA and the City; and
WHEREAS, on September 8, 2005, the Miami City Commission held a hearing to consider the
CRA's General Operating and Tax Increment Fund Budgets, for the Fiscal Year commencing October
1, 2005 and ending September 30, 2006, and by Resolution No. 05-00788, accepted and adopted
said budgets provided that they would be amended to eliminate the City's contribution; and
WHEREAS, the Board of Directors wishes to amend the CRA's Fiscal Year 2006 General
Operating and Tax increment Fund Budgets to reflect the elimination of the City's contribution;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY 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 attached Amended CRA General Operating and Tax Increment Fund Budgets, for
the Fiscal Year commencing October 1, 2005 and ending September 30, 2006, reflecting the
elimination of the annual contribution by the City of Miami, are approved and adopted.
Section 3. The Executive Director is directed to transmit a copy of each budget to the City of
Miami and Miami -Dade County.
Section 4. This Resolution shall become effective immediately upon its adoption.
City of Miami
Page 1 of 2 File Id: 05-01024 (Version: 1) Printed On: 9/14/2011
File Number: 05-01024 Enactment Number: CRA-R-05-0041
City of Miami Page 2 of 2 File Id: 05-01024 (Version: 1) Printed On: 9/14/2011