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HomeMy WebLinkAboutMemo - SEOPW CRACity of Miami Board of Commissioners Meeting September 12, 2013 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: City of Miami Commissioners Date: August 27, 2013 File: 13-00852 From: Clarence E. Woods, III did Executive Director Subject: SEOPW CRA Proposed General Operating & Tax Increment Fund Budgets for FY 2014. References: Enclosures: Legislation BACKGROUND: It is recommended that the Board of Commissioners of the City of Miami approve the attached Resolution adopting the CRA's proposed General Operating and Tax Increment Fund Budgets for the Fiscal Year commencing October 1, 2013 and ending September 30, 2014, and directing the Executive Director to transmit copies of the budgets to the City of Miami and Miami -Dade County. JUSTIFICATION: The CRA is required to annually prepare a proposed budget and transmit said budget to the City of Miami and Miami -Dade County. This Resolution fulfills that requirement.