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HomeMy WebLinkAboutCRA-R-13-0014 Cover MemoOmni Board of Commissioners Meeting February 28th, 2013 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Marc D. Sarnoff and Members of the CRA Board From: Pieter A. Bockweg Executive Director Date: February 20th, 2013 File: Subject: Resolution Approving the OMNI CRA's FY 2013 Amended Budget References: Enclosures: Supporting Documentation; Legislation BACKGROUND: It is recommended that the Board of Commissioners of the OMNI Redevelopment District Community Redevelopment Agency ("CRA") adopt the attached Resolution approving and adopting the amended Tax Increment Fund and General Operating Budget of the CRA for the fiscal year commencing October 1st, 2012 and ending September 30th, 2013. JUSTIFICATION: On September 13th, 2012, the OMNI CRA's Board of Commissioners, by resolution No. CRA-R-12-0060 approved and adopted the TAX Increment Fund and general Operating Budget for FY 2013 based on estimates of tax increments funds expected to be received in early January 2013. The Budget has been amended to reflect the amount of tax increment funds actually received in January 2013.