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HomeMy WebLinkAboutCRA-R-14-0033 Draft Legislationl/• f . f . OOO Not City of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 3313 www.miamigov.com File Number: Enactment Number: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY, WITH ATTACHMENT(S), DE -ALLOCATING $ 6,463,526 IN CARRYOVER FUNDS ASSOCIATED WITH PREVIOUSLY AUTHORIZED PROJECTS, AS MORE SPECIFICALLY SET FORTH IN ATTACHMENT "A"; AND ALLOCATING SAME TO THE MIAMI ENTERTAINMENT COMPLEX, MUSEUM PARK, AND THE DOG RUN/MARGARET PACE PARK PROJECTS. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with its approved Redevelopment Plan; and WHEREAS, the Board of Commissioners, by several resolutions, authorized funding for various projects; and WHEREAS, there now remains $6,463,526 in carryover funds from these previously authorized projects, as more specifically set forth in Attachment "A"; and WHEREAS, the Board of Commissioners wishes to authorize the de -allocation $6,463,526 in carryover funds from these previously authorized projects and expenditures, as more specifically set forth in Attachment "A" and allocate same to the Miami Entertainment Complex, Museum Park, and the Dog Run/Margaret Pace Park Projects; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The carryover funds amount of $6,463,526 associated with the previously authorized projects and expenditures, as more specifically set forth in Attachment "A," are de -allocated, and same is hereby allocated to the Miami Entertainment Complex, Museum Park, and the Dog Run/Margaret Pace Park Projects. Section 3. This resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: VICTORIA MENDEZ, GENERAL COUNSEL City of Miami Page 1 OMNI CRA