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OMNI
Community Redevelopment Agency
Legislation
OMNI CRA Resolution: CRA-R-24-0054
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
www.miamicra.com
File Number: 16538 Final Action Date:9/7/2024
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S
PROPOSED GENERAL OPERATING BUDGET AND TAX INCREMENT FUND
BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2024, AND
ENDING SEPTEMBER 30, 2025; DIRECTING THE EXECUTIVE DIRECTOR TO
TRANSMIT A COPY OF THE BUDGET TO THE CITY OF MIAMI AND MIAMI-
DADE COUNTY.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency
("CRA") is responsible for carrying out community redevelopment activities and projects
within its Redevelopment Area; and
WHEREAS, as a prerequisite to carrying out Fiscal Year 2024-2025 redevelopment
activities, the Board of Commissioners must approve the CRA's proposed General
Operating Budget and Tax Increment Fund Budget ("Budget") for the Fiscal Year
commencing October 1, 2024, and ending September 30, 2025 ("Fiscal Year"); and
WHEREAS, the CRA's Budget is in the total amount of seventy-three million, six
hundred fifty thousand, four hundred seven dollars and zero Cents ($73,650,407.00) for the
Fiscal Year; and
WHEREAS, a copy of the Budget is required to be transmitted to the City of Miami
("City") and Miami -Dade County ("County");
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.
Section 2. The Budget for the Fiscal Year commencing October 1, 2024, and ending
September 30, 2025, attached and incorporated as Exhibit "A", is approved and adopted.
Section 3. The Executive Director is directed to transmit a copy of the budget to the
City and the County.
Section 4. This Resolution shall become effective immediately upon its adoption.
City of Miami Page 1 of 2 File ID: 16538 (Revision:) Printed On: 9/16/2024
File ID: 16538 Enactment Number: CRA-R-24-0054
APPROVED AS TO FORM AND CORRECTNESS:
ge Wy j ng III, C1ty -ttor -y 8/23/2024
City of Miami Page 2 of 2 File ID: 16538 (Revision:) Printed on: 9/16/2024