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HomeMy WebLinkAboutCRA-R-08-0015City of Miami Legislation CRA Resolution: CRA-R-08-0015 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 08-00197 Final Action Date: 4/10/2008 A JOINT RESOLUTION OF THE BOARDS OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST AND OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCIES ("CRAS"), WITH ATTACHMENTS, APPROVING AND ADOPTING THE CRAS' AMENDED TAX INCREMENT FUND AND GENERAL OPERATING BUDGETS FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2007 AND ENDING SEPTEMBER 30, 2008; 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-07-0024 and CRA-R-07-0025 adopted on July 30, 2007, approved and adopted the CRAs' FY '08 General Operating and Tax Increment Fund Budgets; and WHEREAS, it has become necessary to amend the budgets to reflect the amount of tax increment funds actually received in January 2008 and the actual timing of expenditures; and WHEREAS, the Boards of Commissioners wish to approve and adopt the CRAs' Amended Tax Increment Fund and General Operating Fund Budgets for the Fiscal Year commencing October 1, 2007 and ending September 30, 2008. 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 CRAs' Amended Tax Increment Fund and General Operating Budgets for the Fiscal Year commencing October 1, 2007 and ending September 30, 2008 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 1 File Id: 08-00197 (Version: 11 Printed On: 1/3/2023