HomeMy WebLinkAboutMemo - Amended Budgets - FY' 12City of Miami Board of Commissioners Meeting
March 22, 2012
SOUTHEAST OVERTOWN/PARK WEST, OMNI, & MIDTOWN
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
To: City Of Miami Commissioners
Date: March 6, 2012 File:
Subject: SEOPW CRA, OMNI CRA, MIDTOWN CRA
Amended Budgets for Fiscal Year 2012.
From: Pieter A. Bockweg ///` /f' References:
Executive Director
Enclosures: Supporting Documentation; Legislation
BACKGROUND:
It is recommended that the Board of Commissioners of the City of Miami accept the attached Community
Redevelopment Agency ("CRA") Board approved Amended Budgets for Southeast Overtown/Park West
Community Redevelopment Agency ("SEOPW CRA"), Omni Redevelpment District Community Redevelopment
Agency ("Omni CRA"), and Midtown Community Redevelpment Agency ("Midtown CRA") Amended Budgets for
the fiscal year commencing October 1, 2011, and ending September 30, 2012. The fiscal year 2012 Amended
Budgets of the SEOPW CRA, Omni CRA, and Midtown CRA were approved by the CRA Board on February 27,
2012.
JUSTIFICATION:
Article VI, paragraph 6.1(b), of the Interlocal Cooperation Agreement, dated March 1, 2000, between the City of
Miami ("City"), the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") and
the Omni Redevelopment District Community Redevelopment Agency ("Omni CRA"), as revised and amended,
requires that the SEOPW CRA and the Omni CRA submit their budgets to the City.
Article III, paragraph D, of the Interlocal Cooperation Agreement, dated June 30, 2005, between Miami -Dade
County, the City, and the Midtown Community Redevelopment Agency ("Midtown CRA") requires that the
Midtown CRA submit its budget to the City.