HomeMy WebLinkAbout10-00871 Cover Memo 07-22-2010Omni Board of Commissioners Meeting
July 22, 2010
OMNI REDEVELOPMENT DISTRICT
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
Board Chair Marc D Sarnoff
and Members of the CRA Board
From: James H. Villacorta
Executive Director
BACKGROUND:
Date: July 12, 2010 File: 10-00871
Subject: Resolution Authorizing the Transfer of Funds
to Offices of CRA Board Members for
Necessary Expenses Incurred in the
Discharge of Duties.
References:
Enclosures: Legislation
It is recommended that the Board of Commissioners of the Omni Redevelopment District Community
Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing the transfer of funds, in
the amount of $7,500. to each budget of the offices of Omni CRA Board Members. with an additional transfer, in
the amount of $15,000 (for total of $22.500), to the budget of the office of the Omni CRA Board Chair, for
necessary expenses incurred in the discharge of CRA related duties.
To offset costs incurred in the discharge of duties, up to 57,500 should be made available to the offices of each
Board Member, with an additional $15.000 (for a total of $22.500) to the office of the CRA Board Chair.
This funding was not included in the General Operating budget for Fiscal Year 2010. To accommodate these
expenses. funding will be reallocated from the current Fiscal Year's reserve fund.
JUSTIFICATION:
Section 163,356(3)(a), Florida Statutes provides that "[a] commissioner shall receive no compensation for
services, but is entitled to the necessary expenses, including travel expenses, incurred in the discharge of
duties."
FUNDING: $52,500 reallocated from Omni General Operating Fund. "Budget Reserve," Account Code No.
10030.920101.896000.0000.00000. to Omni General Operating Fund, ' Interfund Transfer," Account Code No.
1003 0.9 20101.891000.0000.0 0000.