HomeMy WebLinkAboutCRA-R-16-0041City of Miami
Legislation
CRA Resolution: CRA-R-16-0041
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 16-01280 Final Action Date: 9/13/2016
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
SETTING A CAP OF TWENTY PERCENT (20%) OF THE 2016-2017 FISCAL YEAR
GENERAL OPERATING AND TAX INCREMENT FUND BUDGET TO BE EXPENDED
TOWARDS ANY ADMINISTRATIVE COSTS.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") was
created pursuant to Chapter 163 of the Florida Statutes; and
WHEREAS, the primary purpose of the CRA is to address slum and blight within the
Redevelopment Area which constitute a serious and growing menace, injurious to the public health,
safety, morals, and welfare of the residents of the CRA; and
WHEREAS, the tax increment funds ("TIF") received by the CRA should be used primarily for
removal of slum and blight, rehabilitation of buildings consistent with the Redevelopment Plan,
assisting with affordable housing for families and individuals of low or moderate income, repairing
certain improvements and infrastructure within the Redevelopment Area, assisting with relocating
persons displaced from the Redevelopment Area, and developing community policing innovations;
and
WHEREAS, on or about February 3, 2016, the Miami -Dade County Grand Jury ("Grand Jury")
issued a final report after analyzing many different community redevelopment agencies throughout
Miami -Dade County; and
WHEREAS, one of the findings of the Grand Jury was that a community redevelopment agency in
Miami -Dade County other than the CRA spent up to eighty percent (80%) of its annual TIF funds on
salaries, benefits, and other administrative costs; and
WHEREAS, the Grand Jury recommended in its final report that a cap be imposed on
expenditures for administrative costs; and
WHEREAS, although the CRA's administrative costs are reasonable and are not abusive as
characterized by the Grand Jury, the Board of Commissioners of the CRA recognizes the need to
focus the majority of its limited funding to those projects that meet the primary purpose of the CRA;
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.
City of Miami Page 1 of 2 File Id: 16-01280 (Version: 1) Printed On: 9/22/2022
File Number: 16-01280 Enactment Number: CRA-R-16-0041
Section 2. Any expenditure towards administrative costs is capped at twenty percent (20%) of the
2016-2017 Fiscal Year General Operating and Tax Increment Fund Budget.
Section 3. This Resolution shall become effective immediately upon its adoption.
City of Miami Page 2 of 2 File Id: 16-01280 (Version: 1) Printed On: 9/22/2022