HomeMy WebLinkAboutCRA-R-11-0019 03-28-2011 Financial FormAGENDA ITEM
FINANCIAL INFORMATION FORM.
CITY OF MIAMI
COMMUNITY REDEVELOPMENT AGENCY
Omni CRA-General Operating
CRA Board Meeting Date: March 28, 2011
CRA Section: Finance
Brief description of CRA Agenda Item:
Authorizing the purchase of commercial general liability and property insurance
coverage for the property located at 29 N.W. 13th Street, Miami, Florida ("Miami
Skill Center"), through Pan Am Assurance Agency, Inc., for a one (1) year period
commencing March 29, 2011, in an amount not to exceed $55,000.
Project Number (if applicable):
❑ YES, there
Account Code:
are sufficient funds in Line Item:
Amount: $ .
X NO (Complete
the following source of funds information):
budgeted in the line item: $ 29,000
Amount
Balance
Amount
Sufficient funds
in the line item: $
needed in the line item: $ 84,000
will be transferred from the following line items:
ACTION
ACCOUNT NUMBER
TOTAL
Project No./Index/Minor Object
From
10030.920101.896000.0000.00000-Budget
Reserve -Omni General Operating
$55,000
To
10030.920101.545000.0000.00000-Insurance-
Omni General Operating
$55,000
Comments: Transfer of funds from the Omni General Operating -Budget Reserve are
warranted due to lack of sufficient funds. Additionally, said expenditure was not
contemplated during the preparation of FY 2011 Omni General Operating Budget passed
and adopted on October 14, 2010.
Approved by:
C
\Le'P irector/Designee
Date: 3/11 /1
./ses.^. "VN. W""."'W;�N./�'% Mti'`. �''NV`.N'� 'Mi'`e` ,'n' W% h✓/V"" ."/VV✓V�/`�
LJ a,_1.4),
Financial Officer:
Date: 3/)
APPROVAL