HomeMy WebLinkAboutCRA-R-05-0049 Financial Information•
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CITY OF MIAMI
COMMUNITY REDEVELOPMENT AGENCY
AGENDA ITEM
FINANCIAL INFORMATION FORM
SEOPW CRA or OMNI CRA (if applicable)
CRA Board Meeting Date: September 26, 2005
CRA Section: Finance
Brief description of CRA Agenda Item:
The Executive Director requests the authorization for earmarking funds in the
amount of $200,000 to the Overtown 3rd Avenue Business Corridor Small
Business Assistance Grant Program. This grant program is a financial assistance
program targeting the minority owned and operated business which hire and
retain residents of the Overtown area located within the SEOPW CRA in the
general vicinity of the 3rd Avenue Business Corridor. These funds can be used for
capital improvements, major equipment purchases, and acquisition of inventory_
Project Number (if applicable):
YES, there are sufficient funds in Line Item:
Account Code: 689001.550108.6.940 Amount: $200,000 — Fiscal Year 2006 — SEOPW TIF
ri NO (Complete the following source of funds information):
Amount budgeted in the line item: $
Balance in the line item: $
Amount needed in the line item: $
Sufficient funds will be transferred from the following line items:
ACTION
From
To
From
To
ACCOUNT NUMBER
Project No./Index/Minor Object
TOTAL
$
Comments:
Approved by:
Executive Director/Designee
APPROVAL
Date:7/:///°1-----