HomeMy WebLinkAboutCRA-R-13-0016 Cover MemoOmni Board of Commissioners Meeting
March 28`h, 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: March 20th, 2013 File:
Subject: Resolution De -Allocating funds and
allocating same to the Miami
Entertainment Complex Project.
References:
Enclosures: Attachment; 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, with
attachment(s) de -allocating $ 215,535.00 from the "Construction in Progress" and $ 40,000.00 from
the "Professional Services & Others" budgeted items of carryover funds totaling $ 255,535.00, as
outlined in attachment "A" and allocating an amount not to exceed $ 150,000.00 to The Woman's Club
Baywalk Project and the remaining balance of $ 105,535.00, to the OMNI CRA's Media Entertainment
Complex Project.
JUSTIFICATION:
This Resolution carries out these objectives.
FUNDING: