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HomeMy WebLinkAboutCRA-R-09-0042 Cover Memo• • • SEOPW & Omni Boards of Commissioners Meeting July 27, 2009 SOUTHEAST OVERTOWN/PARK WEST Item # 3 AND OMNI COMMUNITY REDEVELOPMENT AGENCIES INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones Date: July 17, 2009 File: 09-00821 and Members of the CRA Board Subject: OMNI CRA Proposed General Operating & Tax Increment Fund /% f Budgets for Fiscal Year 2010 From: James H. Villacorta�i References: Executive Director/ Enclosures: Legislation BACKGROUND It is recommended that the Board of Commissioners of the Omni Redevelopment District Community Redevelopment Agency ("Omni CRA") approve and adopt the attached Resolution adopting the proposed Omni CRA General Operating and Tax Increment Fund Budgets for the Fiscal Year ending September 30, 2010 (FY '10) and directing the Executive Director to transmit copies of the budgets to the City of Miami and Miami -Dade County. JUSTIFICATION The Omni 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.