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HomeMy WebLinkAboutCRA-R-10-0010 Legislation Version 2 3-11-2010I.,... 'f ro rir. City of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 10-00301 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY, WITH ATTACHMENTS, DE -ALLOCATING $1,016,277 IN REMAINING FUNDS ASSOCIATED WITH COMPLETED PROJECTS, AS MORE SPECIFICALLY SET FORTH IN ATTACHMENT "A." WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within the Redevelopment Area in accordance with its approved Redevelopment Plan; and WHEREAS, the CRA has, by Resolution, authorized funding for various projects; and WHEREAS, certain projects have been completed, and there are remaining balances which could be used to fund other community redevelopment activities and projects; and WHEREAS, the Board of Commissioners wishes to de -allocate the remaining balances associated with these completed projects; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY 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 herein as if fully set forth in this Section. Section 2. Remaining funds in the amount of $1,016,277 associated with completed projects, as more specifically set forth in Attachment "A," are hereby de -allocated. Section 3. The Executive Director is directed to return these funds to the CRA's unrestricted fund balance. Section 4. This resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: JULIE O. BRU GENERAL COUNSEL City of tliiatni Page 1 of 1 File Id: 10-00301 (Version: 1) Printed On: 3/9/2010