HomeMy WebLinkAboutCRA-R-07-0011 LegislationCity of Miami
Legislation
CRA Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 07-00363
Final Action Date:
A JOINT RESOLUTION OF THE BOARDS OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST (SEOPW) AND OMNI
REDEVELOPMENT DISTRICT (OMNI) COMMUNITY REDEVELOPMENT
AGENCIES, WITH ATTACHMENTS, APPROVING AND ADOPTING THE
AMENDED SEOPW AND OMNI TAX INCREMENT FUND AND GENERAL
OPERATING BUDGETS FOR THE FISCAL YEAR COMMENCING OCTOBER 1,
2006 AND ENDING SEPTEMBER 30, 2007; AND DIRECTING THE EXECUTIVE
DIRECTOR TO TRANSMIT A COPY OF THE AMENDED BUDGETS TO THE CITY
OF MIAMI AND MIAMI-DADE COUNTY.
WHEREAS, the Southeast Overtown/Park West, and Omni Redevelopment District Community
Redevelopment Agencies ("CRAs"), pursuant to Resolution Nos. CRA-R-06-0024 and CRA-R-06-0025
adopted on July 31, 2006, approved and adopted the CRAs FY'07 General Operating and Tax
Increment Fund Budgets; and
WHEREAS, it has become necessary to amend the budgets to correctly reflect the tax increment
funds actually received in January 2007 and the actual timing of expenditures; and
WHEREAS, the Boards of Commissioners wish to approve and adopt the Tax Increment Fund and
General Operating Fund Budgets for Fiscal Year commencing October 1, 2006 and ending September
30, 2007.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARDS OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST AND OMNI REDEVELOPMENT DISTRICT COMMUNITY
REDEVELOPMENT AGENCIES 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 as if fully set forth in this Section.
Section 2. The attached amended SEOPW and OMNI Tax Increment Fund and General
Operating Budgets for the Fiscal Year commencing October 1, 2006 and ending September 30, 2007
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: 3/19/2007
File Number: 07-00363
JORGE L. FERNANDEZ
GENERAL COUNSEL
s
Cuy of Miami
Page 2 of 2 Printed On: 3/19/2007