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City of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.ci.miami.fl.us
File Number: 05-01024 Final Action Date:
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.
APPROVED AS TO FORM AND CORRECTNESS:
City of Miami
Page 1 of 2 Printed On: 10/15/2005
File Number: 05-01024
JORGE L. RNANDEZ
GENERAL COUNSEL
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City of Miami Page 2 of 2 Printed On: 10/15/2005