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HomeMy WebLinkAboutCRA-R-10-0106 12-16-2010 LegislationCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 10-01383 Final Action Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY DE -ALLOCATING FUNDS, IN THE AMOUNT OF $5,000, PREVIOUSLY AUTHORIZED BY RESOLUTION CRA-R-10-0096 FOR DOWNTOWN MIAMI PARTNERSHIP, INC. WHEREAS, the Board of Commissioners, by Resolution No. CRA-R-10-0096, passed and adopted on November 18, 2010, authorized the issuance of a grant to Downtown Miami Partnership, Inc. ("DMP") to underwrite the costs associated with the operation of a shuttle to events within the Redevelopment Area during Art Basel week; and WHEREAS, due to insufficient outside funding sources, DMP cannot operate the shuttle; and WHEREAS, without a resolution authorizing a de -allocation, funds previously authorized will remain encumbered; and WHEREAS, the Board of Commissioners wishes to de -allocate funds, in the amount of $5,000, previously authorized by Resolution No. CRA-R-10-0096 for Downtown Miami Partnership, Inc.; 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. Funds, in the amount of $5,000, previously authorized by Resolution No. CRA-R-10- 0096 for Downtown Miami Partnership, Inc., are de -allocated. Section 3. This resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: JULIE O. BRU GENERAL COUNSEL City of Miami Page 1 of 1 File Id: 10-01383 (Version: 1) Printed On: 12/8/2010