HomeMy WebLinkAboutMemo - SEOPW CRACity of Miami Board of Commissioners Meeting
September 9, 2014
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: City of Miami Commissioners
Date: August 21, 2014 File:
Subject: SEOPW CRA Amended Tax Increment
Fund Budget for FY 2014 and Proposed Tax
Increment Fund Budget for FY 2015.
From: Clarence E. Woods III References:
Executive Director Kra a Ott httvg
01) actrointx C.Wab t11 Enclosures:
BACKGROUND
It is recommended that the Board of Commissioners of the City of Miami approve the attached
Resolution accepting and adopting the amended budget of the Southeast Overtown/Park West
Community Redevelopment Agency ("SEOPW CRA") for the fiscal year commencing October 1, 2013
and ending September 30, 2014, along with proposed budget of the SEOPW CRA for the fiscal year
commencing October 1, 2014 and ending September 30, 2015, 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.