HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID:
Date: 03/06/2012
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Requesting Department: CRA
Commission Meeting Date: 03/22/2012 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance n Discussion Item
Law Department
Matter ID No.
Subject: Accepting the CRA's Amended Budgets for fiscal year commencing October 1, 2011, and
ending September 30, 2012.
Purpose of Item:
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.
Background Information:
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.
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.
Budget Impact Analysis
YES Is this item related to revenue?
YES Is this item an expenditure? If so, please identify funding source below.
General Account No: CRA
Special Revenue Account No:
CIP Project No:
- NO - Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DATE)
CIP Budget
(iIf.:using or receiving capital funds
l u,yts
Purchasing Dept. Director
Chief City Manager
Risk Management
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