HomeMy WebLinkAboutCRA-R-14-0062 Financial FormAGENDA ITEM
FINANCIAL INFORMATION FORM
CITY OF MIAMI
COMMUNITY REDEVELOPMENT AGENCY
SEOPW CRA
CRA Board Meeting Date: September 30, 2014
CRA Section: Finance
Brief description of CRA Agenda Item:
Authorizing additional funding, in an amount not to exceed $11,700,000, to Town
Park Plaza North Condominium Association, Inc. for the Town Park Plaza North
Rehabilitation Project.
Project Number (if applicable):
LbS YES, there
Account Code:
are sufficient funds in Line Item:
10050.920101.883000.0000.00000 (SEOPW) Amount: S11,700,000.00
D 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-1
ACCOUNT NUMBER
TOTAL
Project No./Index/Minor Object
From
$
To
$
From
$
To
$
Comments: The $11.7M derives from funds earmarked in resolution CRA-R-12-0056
($6,666,666 allocated to Town Park South Project and Town Park Village Project) along
with $5,033,334 from SEOPW CRA's unrestricted fund balance. The Town Park South
Project and Town Park Village Project will be )f ded out of the 2014 Bond Proceeds.
Approved by:
ecutive Director/Designee
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APPROVAL