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HomeMy WebLinkAboutCRA-R-13-0066 Financial FormAGENDA ITEM FINANCIAL. INFORMATION FORM CITY OF MIAMI COMMUNITY REDEVELOPMENT AGENCY SEOPW CRA CRA Board Meeting Date: October 24, 2013 CRA Section: Finance Brief description of CRA Agenda Item: Authorizing the issuance of a grant, in an amount not to exceed $50,000, to Miami Dade College ("MDC") to underwrite costs associated with the current operation of the Hospitality and Culinary Institute. This resolution also authorizes the issuance of an additional grant, in an amount not to exceed $900,000, to MDC for operation of the Institute at the Ebenezer Church. Project Number (if applicable): ❑ YES, there Account Code: Account Code:10050.920101.883000.0000.00000(SEOPW) are sufficient funds in Line Item: 10050.920101.883000.0000.00000 (SEOPW) Amount: $500 000_00 $900.000.00 _Amount: ❑ NO Amount Balance Amount Sufficient funds (Complete the following source of funds information): budgeted in the line item: $ in the line item: $ needed in the line item: $ will be transferred from the following line items: ACTION ACCOUNT NUMBER TOTAL Project No./Index/Minor Object From $ To $ From $ To $ Comments: The $900,000 will be allocated from the same tax increment fund upon reimbursement of fiends from EDA. Approved by: Executive Director/Designee g4_4 F nancia Off r: /07)5I3 Date: APPROVAL