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HomeMy WebLinkAboutCRA-R-13-0050 Cover MemoSEOPW Board of Commissioners Meeting July 25, 2013 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Michelle Spence -Jones and Members of the CRA Board Date: July 18, 2013 File: 13-00852 Subject: SEOPW CRA Proposed General Operating Tax Increment Fund Budget for FY 2014. Frond. Iarence E. Woods, Ill References: 0 xecutive Director Enclosures: Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency approve the attached Resolution adopting the CRA's proposed Genera] Operating Tax Increment Fund Budget for the Fiscal Year commencing October 1, 2013 and ending September 30, 2014, and directing the Executive Director to transmit copies of the budget to the City of Miami and Miami -Dade County. JUSTIFICATION: The CRA is required to annually prepare a proposed budget and transmit said budget to the City of Miami and Miami -Dade County. This Resolution fulfills that requirement.