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HomeMy WebLinkAboutCRA-R-08-0041 Cover Memo• • • SEOPW & Omni Boards of Commissioners Meeting September 3, 2008 Item # 5 SOUTHEAST OVERTOWN/PAR}< WEST AND OMN1 COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones Date: August 22, 2008 File: 08-00935 and Members of the CRA Board Subject: SEOPW CRA Proposed General Operating & Tax Increment Fund Budgets for Fiscal Year 2009 From: James H. Villacorta J} References: Executive Directo Enclosures: Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") approve and adopt the attached Resolution adopting the proposed SEOPW CRA General Operating and Tax Increment Fund Budgets for the Fiscal year ending September 30, 2009 (FY '09) and directing the Executive Director to transmit copies of the budgets to the City of Miami and Miami -Dade County. JUSTIFICATION: The SEOPW CRA is required to annually prepare a proposed budget and transmit the budget to the City of Miami and Miami -Dade County. This Resolution fulfills that requirement. JHV/pk