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HomeMy WebLinkAboutR-24-0388City of Miami Resolution R-24-0388 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16519 Final Action Date: 9/26/2024 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING AND APPROVING THE FISCAL YEAR 2024-2025 PROPOSED BUDGET OF THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY ("MIDTOWN CRA"), ATTACHED AND INCORPORATED AS EXHIBIT "A", IN THE AMOUNT OF $18,838,550.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025, AS APPROVED BY THE MIDTOWN CRA'S BOARD OF COMMISSIONERS. WHEREAS, on September 26, 2024, pursuant to Resolution No. MCRA-R-24-0001, the Board of Commissioners of the Midtown Community Redevelopment Agency ("Midtown CRA") approved and adopted the Fiscal Year 2024-2025 Proposed Annual Budget for the fiscal year commencing October 1, 2024, and ending September 30, 2025; and WHEREAS, the Board of Commissioners of the Midtown CRA requests the approval of the Proposed Annual Budget for the Fiscal Year commencing October 1, 2024, and ending September 30, 2025, in the total amount of $18,838,550.00; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are approved by reference and incorporated as if fully set forth in this Section. Section 2. The City Commission hereby approves and adopts the Fiscal Year 2024- 2025 Proposed Annual Budget, attached and incorporated as Exhibit "A", for the fiscal year commencing October 1, 2024, ending September 30, 2025 ("FY 24-25 Proposed Annual Budget"). Section 3. A copy of this Resolution shall be transmitted to Miami -Dade County. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.' 1 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 1 of 2 File ID: 16519 (Revision: A) Printed On: 10/15/2024 File ID: 16519 Enactment Number: R-24-0388 APPROVED AS TO FORM AND CORRECTNESS: ge Wy j ng III, C1ty -ttor -y 9/27/2024 City of Miami Page 2 of 2 File ID: 16519 (Revision: A) Printed on: 10/15/2024