HomeMy WebLinkAboutCRA-R-14-0030 Financial Form (2)AGENDA ITEM
FINANCIAL INFORMATION FORM
CITY OF MIAMI
COMMUNITY REDEVELOPMENT AGENCY
SEOPW CRA
CRA Board Meeting Date: March 31, 2014
CRA Section: Finance
Brief description of CRA Agenda Item:
Authorizing the issuance of a grant, in the amount not to exceed $850,000.00, to
J.E.J. Properties, Inc. to underwrite costs associated with the renovation and
rehabilitation of the Dunn and Josephine Hotel.
Project Number (if applicable):
❑ YES, there
Account Code:
are sufficient funds in Line Item:
10050.92010i.883000.0000.00000 (SEOPW) Ainount: $850,000.00
❑ 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: Funds derived from the proceeds of the sale of the Grand Promenade in the
amount of $10 159 541.00.
Approved by:
Ve
Financial Of er:
Date:
Ex&utive Director/Designee
(I4ZL
Vuii)V
APPROVAL