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HomeMy WebLinkAboutCRA-R-15-0028 Cover MemoSEOPW Board of Commissioners Meeting July 27, 2015 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM Board Chair Keon Hardemon and Members of the CRA Board Date. July 17, 2015 File 15-00873 Subject: SEOPW CRA Proposed General Operating & Tax Increment Fund Budget for Fiscal Year 2016. From Clarence E. Woods, III References: Executive Director Enclosures: Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Southeast Overtown/Park West ("SEOPW") Community Redevelopment Agency ("CRA") approve the attached Resolution adopting the proposed SEOPW CRA General Operating and Tax Increment Fund Budget for the Fiscal Year commencing October 1, 2015 and ending September 30, 2016, and directing the Executive Director to transmit copies of the Budget to the City of Miami and Miami -Dade County. JUSTIFICATION: The SEOPW CRA is required to annually prepare a proposed budget and transmit the budget to the City of Miami and Miami -Dade County. This Resolution fulfills that requirement.