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HomeMy WebLinkAboutCRA-R-14-0042City of Miami Legislation CRA Resolution: CRA-R-14-0042 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00591 Final Action Date: 6/11/2014 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA") INCREASING THE AUTHORITY OF THE EXECUTIVE DIRECTOR TO EXPEND UNASSIGNED DISCRETIONARY FUNDS BELOW A CERTAIN THRESHOLD. 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 Executive Director of the CRA ("Executive Director") is charged with the responsibility of carrying out the responsibilities of the CRA; and WHEREAS, the CRA has made improvements in its financial position through adherence to financial "best practices"; and WHEREAS, the CRA has formalized a series of financial principles which will serve as the basis for governing the CRA's finances in the future; and WHEREAS, constant approvals of expenditures by the Board of Commissioners of the CRA are time consuming and result in delays in accomplishing the goals of the CRA and Redevelopment Plan; NOW, THEREFEORE, 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 fully set forth in this Section. Section 2. The Executive Director is authorized to expend up to $10,000.00 for the purchase of any goods or services necessary for accomplishing the goals of the CRA and Redevelopment Plan without the need for seeking Board approval. Section 3. This resolution shall become effective immediately upon its adoption. City of Miami Page 1 of 1 File Id: 14-00591 (Version: 1) Printed On: 10/17/2022