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HomeMy WebLinkAboutCRA-R-15-0034 Cover MemoOMNI Board of Commissioners Meeting September 10, 2015 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Marc D. Sarnoff and Members of the CRA Board From: Pieter A. Bockweg Executive Director BACKGROUND: Date: August 27, 2015 Subject: OMNI CRA's Proposed General Operating Budget & Tax Increment Fund Budget for Fiscal Year 2015-16 References: Enclosures: Attachment, Legislation It is recommended that the Board of Commissioners of the OMNI Redevelopment District Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution, with attachment(s), adopting the proposed OMNI CRA's General Operating Budget and Tax Increment Fund Budget, for the Fiscal Year commencing October 1, 2015, and ending September 30, 2016, and further directing the Executive Director to transmit a copy of each budget to the City of Miami and Miami -Dade County. JUSTIFICATION: The Interlocal Agreement requires the OMNI CRA to annually prepare a proposed budget and transmit same to the City of Miami and Miami -Dade County. This Resolution fulfills this requirement.