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HomeMy WebLinkAboutCRA-R-11-0046 07-28-2011 Cover MemoOmni Board of Commissioners Meeting July 28, 2011 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Marc D. Sarnoff Date: July 21, 2011 File: 11-00678 and Members of the CRA Board From: Pieter A. Bockweg Executive Director Subject: Omni CRA Proposed General Operating & Tax Increment Fund Budgets for Fiscal Year 2012. References: Enclosures: Supporting Documentation; Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Omni Redevelopment District Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution adopting the proposed Omni CRA General Operating and Tax Increment Fund Budgets for the Fiscal Year commencing October 1, 2011, and ending September 30, 2012, 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 this requirement.