HomeMy WebLinkAboutCRA-R-06-0025 Cover Memo v2SEOPW & Omni Board of Commissioners Meeting
July 31, 2006
Item # 4
SOUTHEAST OVERTOWN/PARK WEST
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
Board Chair Michelle Spence -Jones
and Members of the CRA Board
From: Frank K. Rollason
Executive Director
RECOMMENDATION:
Date: July 21, 2006 File: 06-00918
Subject: Omni CRA Proposed General
Operating & Tax Increment Fund
Budget for Fiscal Year 2007
References:
Enclosures: Supporting Documentation;
Legislation
It is recommended that the Board of Commissioners of the Omni Redevelopment District Community
Redevelopment Agency (CRA) approve and adopt the attached Resolution adopting the proposed Omni CRA
General Operating and Tax Increment Fund Budgets (TIF) for the Fiscal Year ending September 30, 2007 (FY
'07) 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 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 Omni/CRA Resolution No. 04-06, the proposed Budgets for the Omni CRA are
presented for consideration, modification, and adoption no later than the June Board Meeting of each year.
FKRJeh