HomeMy WebLinkAboutCRA-R-12-0059City of Miami
Legislation
CRA Resolution: CRA-R-12-0059
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-00828 Final Action Date: 9/13/2012
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY, WITH
ATTACHMENT(S), DE -ALLOCATING $763,799.00 IN CARRYOVER FUNDS
ASSOCIATED WITH PREVIOUSLY AUTHORIZED PROJECTS, AS MORE
SPECIFICALLY SET FORTH IN ATTACHMENT "A," AND ALLOCATING SAME TO
THE PORT TUNNEL LOAN AND THE MIAMI ENTERTAINMENT COMPLEX.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is
responsible for carrying out community redevelopment activities and projects within its
Redevelopment Area in accordance with its approved Redevelopment Plan; and
WHEREAS, the Board of Commissioners, by several resolutions, authorized funding for
various projects; and
WHEREAS, there now remains $763,799.00 in carryover funds from these previously authorized
projects, as more specifically set forth in Attachment "A"; and
WHEREAS, the Board of Commissioners wishes to authorize the de -allocation of $763,799.00 in
carryover funds from these previously authorized projects, as more specifically set forth in Attachment
"A," and allocate same to the Port Tunnel Loan and the Miami Entertainment Complex;
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. The carryover funds amount of $763,799.00, associated with the previously
authorized projects, as more specifically set forth in Attachment "A," are de -allocated, and same is
hereby allocated to the Port Tunnel Loan and the Miami Entertainment Complex.
Section 3. This Resolution shall become effective immediately upon its adoption.
City of Miami Page 1 of 1 File Id: 12-00828 (Version: 2) Printed On: 11/1/2022