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Revenues CITY OF MIAMI • TAX INCREMENT (ORIGINAL BOUNDARIES) MIAMI DADE COUNTY - TAX INCREMENT (ORIGINAL BOUNDARIES) CITY OF MIAMI - TAX INCREMENT (EXPANDED BOUNDARIES) MIAMI DADE COUNTY - TAX INCREMENT (EXPANDED BOUNDARIES) CITY OF MIAMI • TAX INCREMENT (PARK WEST ADDITION)` MIAMI DADE COUNTY - TAX INCREMENT (PARK WEST ADDITION) OTHER REVENUES 201,5 CONTRIBUTION FROM CHILDREN TRUST FUND 014 D ED FUND BALANCE Total Revenues Redevelopment Expenditures PROFESSIONAL SERVICES - LEGAL ACCOUNTING AND AUDIT PROFESSIONAL SERVICES - OTHER OTHER CONTRACTUAL SERVICES LAND INTERFUND TRANSFER (Debt Service) INTERFUND TRANSFER (Grant) DEBT SERVICE PAYMENT CONSTRUCTION IN PROGRESS OTHER GRANTS AND AIDS Administrative Expenditures REGULAR SALARIES FICA TAXES LIFE AND HEALTH INSURANCE RETIREMENT CONTRIBUTION FRINGE BENEFITS OTHER CONTRACTUAL SERVICE TRAVEL AND PER DIEM COMMUNICATIONS UTILITY SERVICE INSURANCE OTHER CURRENT CHARGE SUPPLIES OPERATING SUPPLIES SUBSCRIPTION MEMBERSHIP/TRAINING MACHINERY AND EQUIPMENT ADVERTISING RENTAL AND LEASES POSTAGE: REPAIR/MAINTENANCE - OUTSIDE INTERFUND TRANSFER FY 2015 BUDGET RESERVE • ADMINISTRATION FY 2014 BUDGET a) FY 2013 Carryover Fund Balance (Surplus) - $314,134 b) FY 2014 Carryover Fund Balance (Surplus) - $512,878 Total Expenditures, FUND EIA NCE A OCATED PURSUANT TO RESOLUTION FVND BALANCE ASSIGNED P ING FOR RE LUTION $8,045,982. $4,907,952 $241,073 $146,396 $132,289 $80,740 $75,000 $571,571 41 5989 $55,660,897 $294,312 $25,000 $1,299,336 $353,054 $1,023,810 S1,878,334 J-, $7,826,239 $4,467,145 $35,708,434 $976,163 $74,676 $163,191 $92,818 $38,300 $90,030 $40,000 $5,500 $29,041 $64,500 526,000 $12,000. $12,000 $15,000 $3,000 $35,000 $7,000 $2,000 $2,000 $30,000 $240,000 $827,012 $7,964,038 $3,955,532 $238,026 $130,983 43,000,000 $55,288,579 $194,196 $25,000 $1,198,057 $690,008 $1,022,017 $440,059 $538,266 $8,909,873 $4,423,097 $36,118,285 $833,890 $63,792 $147,244 $73,474 $18,300 $80,723 $20,000 $5,500 $70,298 $57,500 $16,000 $10,000 $8,000 $12,000 $2,000 $30,000 $7,000 $2,000 $2,000 $30,000 $240,000 $81,944 $052,420 $3,047 $146,396 $1,306 $80,740 $75,000 $571,571 1.,540,106 72 $100,116 $0 $101,279 •$336,954 $1,793 $440,059 $1,340,068 •51,083,634 $44,048 ,5409,851 $142,273 $10,884 $15,947 $19,344 $20,000 $9,307 $20,000 $0 -$41,257 $7,000 $10,000 $2,000 $4,000 $3,000 $1,000 $5,000 $0 $0 $0 $0 $0 $827,012 0,897 $55,288,579 5372,818 50 50 $0 90% 1016 100% 1 'IritiMifdtranifai(Detit-S4Mee 1 Grant to the City of Mlaml for the construction of the Gibson Park ProJect-First Amendment to Grant Agreement (Amortization Schedule)•Third Payrnent, Parks and Open Spaces $440,059 $0 440,05 74..rtv7„P0ridirn Ai3-4„SitAA 440,059 Debt Setvlee-r - - - 2 Available TIE Revenue for the Affordable First Loan Payment - Debt Workforce Housing Service Reserve PurOhaSetiflariet : 3 Purchase of the property at 917 NW 2nd Court, Miami Florida, 936 NW 2nd Avenue, Miami, Florida and 937 NW 2nd Court, Miami, Florida, '14-0651, , $7,386,180 $7,386,180 57,386,380 $7,386,18 Affordable 130065 Workforce Housing $453,810 $453,810 $453,810 4 Available TlF revenue for the purchase of land. Funds derived from the proceeds of sale of the Grand Promenade. litterftind Transfer Grant 5 Grant to the City of Miami, to underwrite costs associated with a Police Visibility Program within the Southeast Overtown/Park West Redevelopment Area, • Affordable NR (14,0035) orkforce Housing Acceptance of property at 224 NW 16th St and 1900 NW 2nd Court. No fiscal Impact quality of Life $ 5 70,000 1.0059 $570,000 $570,000 $250,000 $243,237 $6,763 $6,763 6 Grant to the City of Miowl For a Police Camera Pilot Program Quality of Life 14-0 275,00t7 5275,000 6275,000 7 Available funds for the creation of the Overtown Police Unit, uality of Life NR 61,025,000 $1,025,000 51,025,000 8 2015 Contribution to Children Trust Fund uality of Life Interlocal Agreement subtotal 571,571 $571,571 $ 7 , 7 _ - - $1 871„,82(r - $243,237 $10,728;383 $2i9 ,144 $7 z Total Budget Amount (Interfund Transfer (Deb -'62,00244-41 r- $7,1326439 vke) Debt Service, Purchase of Land and Interfund Transfer , 810,728,383 1023,810 1,878,334 NR - No CRA Resolution $1,025,000 R - CRA Resolution Passed $9,703,383 $10,728,383. FY 2013 Rhythm & Arts Festival June 2012 - $ K's reimbursement from the Miami Dade County was added to thls encumbrance ($50K Resolution + $20K Reimbursement =$70K). * Proposed remaining balance to be deobl g t 4 Diaz, Daniel D. From: Valentin, Miguel A Sent: Monday, March 30, 2015 8:42 AM To: Jackson, Robin Jones; Woods III, Clarence E. Cc: Min, Barnaby; Legislative Division; Ruiz, Joseph A.; Agenda Office -DI; Rose, Christopher; Fernandez, Jose M.; Michel, Leon; Blanco, Armando; Smith, Yvette Subject: RE: 15-654: SEOPW CRA Amended Budget / Legislation Attachments: SKM_C364e15033008410.pdf Importance: High HI Robin, Refer to attachment showing that Gibson Park loan was contemplated in FY 2015 amended budget. Miguel A. Valentin CPA City of Miami Southeast / Overtown Park West CRA Financial Officer 819 NW 2nd Avenue., 3rd Floor Miami, FL 33136 Original Message From: Jackson, Robin Jones Sent: Friday, March 27, 2015 5:04 PM To: Woods III, Clarence E.; Valentin, Miguel A Cc: Min, Barnaby; Legislative Division; Ruiz, Joseph A.; Agenda Office -DI; Rose, Christopher; Fernandez, Jose M.; Michel, Leon; Blanco, Armando; Smith, Yvette Subject: 15-654: SEOPW CRA Amended Budget / Legislation Revised Amended FY 2015 Budget Resolution for SEOPW CRA Dear Clarence and Miguel - Please see the attached revisions; my understanding is that Miguel will provide on Monday the additional information regarding the change in Debt Service Fund requirements appropriations. Once that is included, please let us know if there are any further revisions. I have provided to Legislative Division the referenced previous CRA Board and City Commission Resolutions to complete the attachments for the agenda package. Thanks. And Thanks again All for your continued thoughtful assistance - Robin 1 Diaz, Daniel D. From: Valentin, Miguel A Sent: Monday, March 30, 2015 11:04 AM To: Jackson, Robin Jones; Woods III, Clarence E. Cc: Min, Barnaby; Legislative Division; Ruiz, Joseph A.; Agenda Office -DI; Rose, Christopher; Fernandez, Jose M.; Michel, Leon; Blanco, Armando; Smith, Yvette Subject: RE: 15-654: SEOPW CRA Amended Budget / Legislation That was a budget account reclassification. Miguel A. Valentin CPA City of Miami Southeast / Overtown Park West CRA Financial Officer 819 NW 2nd Avenue., 3rd Floor Miami, FL 33136 Original Message From: Jackson, Robin Jones Sent: Monday, March 30, 2015 11:03 AM To: Valentin, Miguel A; Woods III, Clarence E. Cc: Min, Barnaby; Legislative Division; Ruiz, Joseph A.; Agenda Office -DI; Rose, Christopher; Fernandez, Jose M.; Michel, Leon; Blanco, Armando; Smith, Yvette Subject: RE: 15-654: SEOPW CRA Amended Budget / Legislation Thanks, Miguel, and we will add that information as part of the attachment. So please let us know why the previously budgeted debt service amount is changing so that explanation can also be included. My cell is 305-308-3396 if you need to talk to me. Thanks again - Robin Original Message From: Valentin, Miguel A Sent: Monday, March 30, 2015 8:42 AM To: Jackson, Robin Jones; Woods III, Clarence E. Cc: Min, Barnaby; Legislative Division; Ruiz, Joseph A.; Agenda Office -DI; Rose, Christopher; Fernandez, Jose M.; Michel, Leon; Blanco, Armando; Smith, Yvette Subject: RE: 15-654: SEOPW CRA Amended Budget / Legislation Importance: High HI Robin, Refer to attachment showing that Gibson Park loan was contemplated in FY 2015 amended budget. Miguel A. Valentin CPA City of Miami Southeast / Overtown Park West CRA Financial Officer 1 ESTIMATED SOURCES ANI) USES OF FUNDS The table that follows summarizes the estimated sources and uses of funds to be derived fioni Series 2014A Bonds: SOURCES: Principal Amount Plus Original. Issue Premium TOTAL USES: Deposit to the Construction Fund* Costs of lssuance(1) TOTAL Series 2014A-1 $50,000,000.00 4,097,556.10 Series ' $5,88 23 $54,097,556.10 $6,1 52,748,727,77 1,348,828,33 $5,95 15 $54,097,556.10 $6,1, For Grants See `THE DEVELOPMENT PROJECTS" herein.. (» Includes underwriter's discount, financial advisory and legal fees and expenses, rating agency fees, and miscellaneous other issuance. DEBT SERVICE SCHEDULE The following table sets forth the debt service schedule for the Series 2014A Bonds. Bond Year Principal Interest Total 2015 $4,745,000 $2,641,180 $7,386,180 2016 5,315,000 2,397,550 7,712,550 2017 2,285,000 2,234,125 4,519,125 2018 2,405,000 2,116,875 4,521,875 2019 2,525,000 1,993,625 4,518,625 2020 2,650,000 1,864,250 4,514,250 2021 2,785,000 1,728,375 4,513,375 2022 2,925,000 1,585,625 4,510,625 2023 3,075,000 1,435,625 4,510,625 2024 3,230,000 1,278,000 4,508,000 2025 3,390,000 1,112,500 4,502,500 2026 3,560,000 938,750 4,498,750 2027 3,735,000 756,375 4,491,375 2028 3,920,000 565,000 4,485,000 2029 4,120,000 364,000 4,484,000 2030 5,220,000 130,500 5,350,500 Total $55,885,000 $2314, 2355 $79,027,355 [Remainder of page intentionally leftblank] 10 City of Miami Master Report Enactment Number: CRA-R-14-0054 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00719 File Type: CRA Resolution Version: 2 Reference: Status: Passed Controlling Body: SEOPW Community Redevelopment Agency File Name: Proposed Budget for SEOPW CRA FY 2014-2015 Introduced: 7/21/2014 Requester: Cost: Final Action: 7/30/2014 Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S PROPOSED GENERAL OPERATING TAX INCREMENT FUND BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015 SET FORTH IN ATTACHMENT "A"; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF SAID BUDGET TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY. Sponsors: Notes: Indexes: Attachments: File # 14-00719 Cover Memo.pdf,14-00719-ExhibitA-SUB.pdf,14-00719-Legislation (Version 2).pdf, History of Legislative File Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result: 2 SEOPW Community 7/30/2014 ADOPTED WITH Pass Redevelopment Agency MODIFICATIONS City of Miami Page 1 Printed on 3/27/2015 City of Miami Legislation CRA Resolution: CRA-R-14-0054 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00719 Final Action Date: 7/30/2014 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S PROPOSED GENERAL OPERATING TAX INCREMENT FUND BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015 SET FORTH IN ATTACHMENT "A"; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMITA COPY OF SAID BUDGET TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the 2009 Southeast Overtown/Park West Redevelopment Plan ("Plan"); and WHEREAS, as a prerequisite to carrying out redevelopment activities for Fiscal Year commencing October 1, 2014 and ending September 30, 2015 ("FY 2015"), it is required that the CRA's Board of Commissioners approve the CRA's proposed Fiscal Year 2015 General Operating Budget and Tax Increment Fund Budget; and WHEREAS, pursuant to Interlocal Agreements, a copy of CRA's budget is required to be transmitted to the City of Miami and Miami -Dade County; and WHEREAS, the Board of Commissioners wishes to approve and adopt the CRA's proposed general operating budget and tax increment fund budget for the FY 2015 set forth in Attachment "A"; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The Southeast Overtown/Park West Community Redevelopment Agency's General Operating Budget and Tax Increment Fund Budget for the Fiscal Year commencing October 1, 2014 and ending September 30, 2015, set forth in Attachment "A," are hereby approved and adopted. Section 3. The Executive Director is directed to transmit a copy of said budget to the City of Miami and Miami -Dade County. Section 4. This Resolution shall become effective immediately upon its adoption. City of Miami Page 1 of 2 File Id: 14-00719 (Version: 2) Printed On: 3/27/2015 File Number: 14-00719 Enactment Number: CRA-R-14-0054 City of Miami Page 2 of 2 File Id: 14-00719 (Version: 2) Printed On: 3/27/2015 SEOPW Board of Commissioners Meeting July 30, 2014 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Keon Hardemon and Members of the CRA Board From: Clarence E, Woods, III Executive Director Date: July 18, 2014 File: 14-00719 Subject: SEOPW CRA Proposed General Operating & Tax Increment Fund Budget for Fiscal Year 2015 References: Enclosures: Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Southeast Overtown/Park West ("SEOPW") Community Redevelopment Agency ("CRA") approve the attached Resolution adopting the proposed SEOPW GRA General Operating and Tax Increment Fund Budget 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 SEOPW CRA is required to annually prepare a proposed budget and transmit the budget to the City of Miami and Miami Dade County. This resolution fulfills that requirement. , • r r • • , • SEOPW GENERAL opinAntle TAL. INCREMENT FUND Bui)pre REVENUES ESTIMATED CITY OF MIAMI - TAX INCREMENT (ORIGINAL BOUNDARIES) ESTIMATED MIAMI DADE COUNTY - TAX INCREMENT (ORIGINAL BOUNDARIES) * STIMATED LTEY OF MIAMI TAX INCREMENT (EXPANDED BOUNDARIES) ESTIMATED MIAMI DADE COUNTY TAx INCREMENT (EXPANDED BOUNDARIES) * ESTIMATED CITY OF MIAMI -TAX INCREMENT (PARK WEST ADDITION) ESTIMATED MIAMI DADE COUNTY TAX INCREMENT (PARK WEST ADDITION) * DISPOSITION OP I,A.NO PARKING PEES GRANT FROM HEALTH FOUNDATIC)N ESTIMATED CARRYOVER r UND BALANCE' THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL, BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. 2q15' PROPOSED BUDGET $7,964,038 $3,969,532 $256,026 $0 $130,933 $0 $0 $0 SO $45 000 000 EY 2014 .AMENDED BLIDGET TOT REVENUES $55,2,60,679 REDEVELOPMENT EXPENDITURES PROFESSIONAL SERVICES - LEGAL ACCOUNTING AND AUDIT monssiotot, SERVICES - OTHER OTEIER CONTRACTUAL srliv ICES LAND INURE= TRANSFER (Debt Service) INTERFUND TRANSFER (Grunt) DEBT SERVICE PAYMENT CONS7RUCTION IN PROGRESS OTHER GRANTS AND AIDS ADMINISTRATIVE 'EXPENDITURES REGULAR SALARIES FICA TAXES LIFE AND HEALTH INSURANCE RETIREMENT CONTRIBUTION FRINGE BENEFITS OTHER CONTRACTUAL SERVICE TRAVEL AND PER DIEM COMMUNICATIONS LIMEY SERVIcE INSURANCE OTHER CURRENT CHARGE SUPPLIES OPERATING SUPPLIES SUBSCRIPTION IVIEMBEILSHIP/TRAININ MACHINERY AND EQUIPMENT ADVERTISING RENTAL AND LEASES POSTAGE REPAIR/MAINTENANCE - OUTSIDE INTERFUND TRANSFER FY.201. :1 OD t• R SERVE., A .INIST ATION TOTAL EXPENDITURES $7,349,506 $4,566,716 $194,346 $120,738 $0 $0 $10,159,541 $147,671 $10,000 27 960 56 SSI4509 04$ $194,196 $363,360 $25,000 47,000 $1496,057 $1,331,407 66901008 $195,712 $1,022,017 $665,810 $440,059 $440,059 $538,266 $47,140 $6,909,873 $5,000,000 $4,423,097 $3,820,373 $35,11.8,285 $36,577,870 $833,890 $958,890 $63,793 $75,35S $147,244 $147,244 $73,474 $78,024 $18,300 $16,600 $80,725 $29,830 $20,000 $20,000 66,500 $5,500 $70,298 $72742 $57,500 47,500 $10,000 $16,000 $10,000 $10,000 $8,0(X) $8,000 $12,000 $12,000 $2,000 62,000 $30,000 $30,000 47000 7000 $2,000 $2,000 $2,000 $2,000 $30,000 $30,000 240 000 ‘7` - 4 50,509,040 Cnppod main% tram the County 0rtrn nactud In yuor 1982 BODGET • VAILLAN4 $614,552 ($611,186) $43,660 ($120,738) $130,083 $0 ($10,169,541) ($147,671) ($10 000) 613,039 474 4 770 63 ($171,164) $6,000 (wax()) $496,296 $356,707 $0 $491426 $3,9()9,873 $1,10Z724 ($459,585) ($125,000) (39,302) ($0) $1E00 $50,893 So $0 ($1,450) $0 30 $0 30 $0 SO 30 30 $0 $0 so 924 4 773,935 Su 4 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. undl. Sercrr r irtls g rrya eR FY 2 ; lurtc Pond TIP. lrtce..` evert 2012 loner d right, LI.0 Le eI Se. 75 $12 C300 13,705. $6,295 $6,2 y te provide l edialled legal services to the RA. 201 Jessica .Pacheco K BRA Legal Services 12.007S $4 ,000 $40,000 $0 I egal Counsa€ 2012/2014 Holland Legal Services w 060 $200;O1I0 $104,527 $ ,07 $5,07; Knight, LLC to Provide sl�ecidlied legal services to tyre CRA 014 id oRsrtd gC Xnlght, LLC Legal 4M00S $20 ? (t0q' $44,672 $ ,SSS2 $ASS 2 e. to pravld sPiciallxed I services to the CRA, (Additl rnel Fundin J,.2.�w... 201 Rternel Audit < "a srrson Extarnbl Audit 4l $25,000 $25,000` $25,000' I lure sari IndCompany/ .. .rs gr-. o �. .. ✓. n A,dr ..Fk .... a Ast � A..i °arn'�7R i$F. .. �. 35 x Agreetrret twi h Aker art Lobbyist 1 M0040 $4R 000 $26,000 ,000 $22,000. 9entel'fitt, LLP fear federal lubbylnr setvlev3 Agr ementwlth Doug Bruce Lobbyist' 12.0066 $62,600 $."afl,404 $4,126 $4, & Associates f r re�arserrtatlen and lobbying services before the State Stead rds and Poor`s;w Public F1n nclal Credit Rating Services / Consultant financial Advlsory Services provided to the City of l SEOPW CRP renderer .the Ot riod Rji i td 0 Rrofeslantrl pCennin Co services In uurt`rrectlor vrtltl the pre} araUon of the "Overtown Speelal Area PIein for tOverlown Folk i.lf A bla for tarkotli g Public RelhtIon Series Company $27! NR $200 00 i $200,000 $200,000 94,6 00 '4Wert44444440NAMMitOUSAWM144444444#24,K464444.444U44442044446441102MUSEMS54444440444444144440 a THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. 12 3 ( . (lase ipt or ,''' , 2 • . Agreement with the Curtis Group for implementation of increment ill of the CRA's Master Development Order as a developinent of regional Impact to include the Miami World Center Project, Reimbursement to the CRA for expenses incurred in obtaining and updating SEOPW regional impact development order In an amount of $165,661, , Category, '' . ',2 . . . Infrastructure (Planning) infrastructure Rs� # 09-0010 124006 Aiyidtinf(2 ' Siedgtd $1,2$3,5 0 $165,691 Amwnt Edd- ' 51,080,378 ,..... inedrpng ' 8a(a`nce" ..1 . • . $173,122 $165,691 , , :, 'Finidifig ,tarrYnVei, '.' FOnti,, . .. Balance • " . $1737122 $165 1 40tae: ' :'. FY 201$ . ''' • - • TIF::,.- Retiontie"` , Exclusive Management & Job Creation ,.. 13-0019 $200,000 $33,072 $166,928 $166,928 Leasing Agreement with Economic WLS Lt.., Florida Limited Company D/B/A HAI Miami Develop, Commercial Reel Estate SeNices. . . Repiat of CRA owned Lyric Administration 114)047 $50,000 $42,996 $7,004 $7,004 Plaza and Block 36, Availlable for Other Administration NR $168,095 $1.9 ,995 $168„995 Professional Services VP,43.,MeP,' (7(i'la4VP'.2 "Iiii25B(iTa'' iit, (ii(',M%q,N (Cii415V(11.(igi, `.:•';',,,B,A 17 Horsepower Electra, inc„ - Quality of Life 124)080 $25,000 $25,000 $0 $0 Streetlight (Maintenance (First Option) 18 Available TIF Funds for Civality of Life NR $25,000 $4,839 $20„161 20,161 Horsepower Electric, iris. for SIxeetlight Maintenance (Outside Scope of Work- ' Expenditures under $4,500). 19 Renewal of Agreement wftb Qwdfty of Lfo 14-0013 $25,000 $5,472 $19,528 $19,528 Horsepower Electric, Inc, for Streetlight Maintenanoes (Ind) 20 RenoWei Option with cuaHty of Life 134)02 $42,000 $41,700 $300 $300 Howard & Howard for Landscaping and irrigation Services, $1,198„057 al Optian wlt ts�ard & Howard for ndscaping and irrigation :rVicds', 2; 2R For the insta3latian of RA"s telephone system and r mr ving e8penses in tndtian with the RA`s dctlan et the Lyric Th aatr 4antic nc Rs clr irlstrtlari d' vertdwn h p aS ant1ttg ncy Res (D d fr m FY 2013 ,dmi Surplus) NR - Na CRA Itasolutb R CRA Resralutlat ss d u alty Amount ' Amonnt udtdEitpende e NR $42,000 radar 1 »OOO Administratict 14-000 minIstra 7,716 1, Au tin end Au 1 PrnfessI n wi+ THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. 47, 34 92,107,2E 90,008 $440;0 n th Gibson Park Project -First Amendment Grant Ara r nt (Amortization orth Payment, d+2pen 24Op4 $440 paces Affordable dam $300 tor3faroe Satins Fioustnu 2014 Want of Tax Contingency NR sett Revenues in 2 l24 CAP Is found able. 4 P last Court r urt y andAffordable 02 NW lid Workf NW 2nd Mousing Purchase of tha;prop 917 NW 2hd i i Florida, 936rii2nd Avenue, Miami, Florida and 937 NW-2nd Court, Miami, Florid Av b TIF rav purchase of land derived' from the of the Grand Pro Promenade A'fordebid Orfl Housing 023S,000 $22 79 Acceptance ropeay t 224 NW it St 4 a,S1O 70,000 THIS DOCUMENT IS A SUI3STITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. drt, arryVv r° FY 20 Fungi TTI: Reitenue 04r0 $1,022 73 Contribution from the Children Trust Fund for f year 2014, nclated with Malice Visibility Pro rarn vvlthin the autheestOv rtnwn/Park +1 t itl development Area, udget A rad Tans Q,udtltt ed wafer (Debt ervlb, 0nb No City , Resolution RA esriiution Passed FY 20i. Rhythm a Arts Festfu [June 2 Resolution + $20K ,eimhursurner t $70K) $250,00 c �ha $1,479,873 9 430,342 10, 9 0 21 d and THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. $491,12.5 20K's reirribursement from the f laml Dade County was added to this encurnbraance ($50K Funds t be expended for the interior demolition end build -out of the property located at Stan NW lth Staet, Mlerni, Florida, i undsto be expended far the.kitchen bulid-out of the property located at 30D NW tl� Street, iilnai, Florida, Folk Life Sup (Pool Hall) Renov rehabt Overtown Shopping Center, 1490 NW 3rd Avenue, Miami, Florida. Searing, preppira3, dernalation and pals t building located at 9 2nd Ave. Contingency 1 s rve tngoing Projects {Craarnunrty Center / Cvertown Shopping Center/ Pool Flail Job Creation Economic Development Job Creation / 1 canornk Development t Amount Ccartstructlon to Progress Nli « No CRAllesoiutlo'n CitA Resolution Passed 1,500,000 1,423,RS4 .2?9P9,2263 14,423,09' THIS DOCUMENT 1S A SUBSTITUTION TO ORIGINAL BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT, FY2035 Reatiio 4,423 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL, BACKUP ORIGINAL CAN BE SEEN AT THE ENDOF THIS DOCUMENT. taesorl ien det s ;1 egory" 4� F .�. �A�'�S,'� t�tiN Retu ft t S�}� °'"?'fF •• A.€nount,,` iiutlg to• ..x.,.A6V��:�` - Am Expended lirrI lance , Funding ver ptsi ` ' nc S.oprcis 1 Y 20 g ppqq•: TT'''. IA4 #Ssni��r ranttd�i Carveri.LCto underwrite cost €associated with the rehabilitation of the vacant cornm rdel structure at 801 NW 3rd Avenue. JobCreeticsn Economic Development (Capital Project) 1g 34 $611i,GiJ 642;6b9 , $27, �11'w $27, 4. C,rant to I fi Carver LLC to underwrite costs assrrclated with flat* rh9bli{atiur€ of the vacant cony€ er }rai stru ure at 301 NW rd Avenue, (Additional Fu€ ding) Job reatic n { Economic Development (Capital frroject) i4-0004 ` SGo,nO $60 000 $0 Grant for the rol abilltatE n of the Dunn Hotel. Job Creation i' Economic 14»0000 $ SCpi;l $8a0,000 $8 tY,00iJ; Development (Capful Project) 4 Conditanal People A'to rdahie 1,%»dp 8 $200,00(i $200,tiilq $200,00 Helping People Self Reliance, Inc, for the rehabilitation of property at 210 NW 160 Workforce Housing (Caph:al 5te`eet> Miami, Florida. Projects) Additional fueojaI AffdrCiabla 14»i3Q4 2C0000 200,O00 $200 Uptt Helping PoopinSelf Reliance, Inc. for the rehabilitation of property at 210 NW 16th Workforce Hi uslnf# (C pita3 Street, Miami, Florida. Projects] r ntto Emmanuel and Affordable 12»f?117 $800,000 $48,952 251,ft48 $25 ,048 Sarxdr Washl€€on for the retaabllltatlon of nine (9) residential rental units at W rkfc,rce lousing (Capita 155 NW 10th S xeet. Protect ) 7 rtn to TO Park Villas Af Ord ahie 12 00$9 $855,OQd $2/5 fu$0 $59,1$t3 $59,150 No 1, inc. for tlia p•urchase and tnstsllation ref a fire alarm system, in compliance with the requirements of the Workforce Housing (Capital Projects) 40»yerir recertification dl 4 Addltiona Town Park Village No. 1. underwrite costs associef.ed vrith the repair of damaged underground electrical conduits,. Affordable Workforce Housing (Capital Projects) Affordable agreemenle Workforce associatlor&s of Town Park Housing Village, Town Park South, an (Capital Town Perk North / Available Projects) Funding for Other' Residential Developments, A Available TIF derived from Cdtftty of 3.1f NR 2009 Expanded (Capital' Boundaries/Park West Protects) Addition (Available for the Rehabilitation of Town Park. North), 10 Development Agreement Affordab to 2.4.0 with Civertown Gateway Workforce Partners, LLE for the Housing development of Block 45. (Capital Additional Furst ing for tho f ordahle Nft Parking Garage for tfi Workforce Longshoremen's Housing; (Capital' Proceeds of Seta of e Affordable Grand Procne ode W rkforor ($10,1$9,941) /Title funding Housing is intended to be used for (Capital rtssldential developments in projo sl furtherance and enhancernent`ofthe Redevelopment Area. Noweuer, $2,649,964 out of tkte tetads have #gars &located to the foltovring projects outlined THIS iOCUMENT IS A SUBSTITUTION TO ORIGINAL BACKUP ORIGINAL CAN BE SEEN AT THE END THIS DOCUMENT, 00 4,440 $774,440 0 00Ci'. 14 De0elop Al on of Poinci dentlsl lock 46, Ass con m tr ant tp undirag precievelapment oust not to excaad $S00Kx and the CRA's agreerrde nt for Fern 50 o avenues gen, the Project to the Developer, ($1,500,t700 In tide ggrogate4 16, Avaflabia funds for the 24 ,A_ Aa°t easel Event d he New dge for the toza, and r build-ou Pravldenoe lode. 17 Con. •rktng at 275 tl get, Miami, Florida to pigment Carver apartments and Shopper development. Ftrnovatton and hi ion of the Overtovvn Shopping Center, 1d Avenue, lvifat a, Plortda: / Grant to Two uy�s ltgstaaurant for relocation to the new facility, boated at tho Overtown Shopping Center- $150,000) 7 uild Rgi?ovation Affordable rc Housing (Capital Projects) Arts (Progra'm u Projec Job Crea t1 Economic Development (Capital Project) (Capitat Project pende# ealth IId, out of I retail bays re, 271 mi,. 1P for It xt and BulidIng Rehab Prograny" Job Cres EconornIe Development pit b Creed Economic Development (Capital ProJect) s'0042 THIS DOCUMENT`IS A SUBSTITUTION N TO ORIGINAL BACKUP ORIGINAL CAN BE SEEN AT THE AND OF THIS DOCUMENT, • Pwrr#rr rr natant Arkte�tlnt ' ltarnalnlrrg error t Y 2i tadpatgd EipOnded:: nlrancs 2 0, 0 $17,51g $ 52,0 2 2R2,fiil2 0,000 $120,00 $t, 0,0CZt 7 575 10 basketball Gibson Pe THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL BACKUP ORIGINAL CAN BE SEEN ATT N OFTHIS "DOCUMENT, "gent to the City rrf i',+ilam1Park1 and t7pen 1 . 40 f rr addltlon& u a err $ redes Gibson Porrk. ponds derive from the deaUacatlon of the paces (Capital Projects) gent td the- City of laml pares and t pan far tiro d algn and' Spaces agnstruIndoor (Capital basketball ymrrasiurn to tie Projects) located at t lbaoa Parka ldltfonai funding g to the design end an indoor um at Open' Spaces (Capital Projects) City of %i1am1 Parks and for t3ra renovation c f t;lhson Spacers Park (Capital Fifth Payr040 20QCir0l00 0 00ti Agreernant to t arrrllius {Capital oorrstruction cat a new feel#ity et thug NW 7th Ave, t lam) FL Autharllzl g expenditure fear Cfuaii of l ife 14 tr040 7g,0 ,0 inats for the use (Gepital Projects) Grant from rseittr C amity of 11f 14-eii14 $1r0,00CJ 1o,Gb Partnership (Prcalramiral a I stallatiorr of a Pear rl Ctuallty that ,pot Young "Tribute°" rtmural along (Prcigrarnnaing) tuxdopk du�xh the ietrorail gudeway at arasisrr t10as" 3W 1th Street and NW 3rd Ayeriu xs. 1 grant to rite City of ilan7i to Ctuality of t1f 1g eg7 $y,fr0 underWrite costs assootated (Progrernrningj �vlth e inskailailon operation of the 3hc+t$putter Flex Gunfire Alert and Analysis Service: as a pilot program throughout the Redevelopment Area.. 04 2013 Grant to Human Resource Staffing of Miami, Inc., to manage and operate a job treat! on/tralrrin progr rn that will provide beautification and landscape. rvices of various lcatit is throughout fit veionrr ent aria. C14k grant to Humes Iteseur°ce 3tafiing of MlanrI, [nr, tp manage grid operate e lob creati rn/training program' vll provide beeukificetion and iendscape maintenanut srrvlces of various locntioras throughout the redevelcprnerrtr: Neighbors Association, inc., to focus ott assisting sreil businesses within the redeveloprnentarea with building capacity end developing skills associated +ith business sustainaPiety, Grant to Miami Dade College to underwrite cost; associated with the corrtinwed operation of th Hospite(ity institute Job Trait lkh and J ab Placern i Program Colle e tit ande write vests associated tvitti the continued operation of the Cultnery [nstIt a to Program. 0J3 ramto New asiIngton Heights Corrrtt uttIty i}eueiofrm ndars on th de Irian Mal Ih Sti bCreation Economic Development (Programming) Job Creation Economic Development (I riming) Job Creation Economic Development (Prograrnrning) Job' Creation Economic Development (Programming) Job Creation econornlc Development (Programming) Job Creation / Economic Development (Programming) 300,000 THIS O UM NT IS A SUBSTITUTION TO ORIGINAL BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS D0 UM T S50,0titi P'3*'S R venue T°ll« 12 THIS DOCUNIENT IS A SUBSTITUTION TO ORIGINAL BACKUP ORIGINAL L BE SEEN AT THE END OF THIS DOCUMENT, :' Descrlptian 20 t4 Grant to Meua Fasfitngtnn Hetgfita Cor rrnunfty ra afopment tsattfarance,Incftrthe rrtranthly open- att market that show ses various local vendors on the 9th 5treef Pedestrkrn Mail. cpta r ry Job Creation / 8conotc i e ek3prnent (Prcgraltrmtrsg} rtaair td 14.0 i17 ydtrraurc+ Amount,Ain trudar d c n Bxparrdeclaiart ft rra4in nB' C rryra nr,. : Ptlrtl ilalon a wtr 5 • . FBeven) $80000 $44;244 $95(75 ` $3a 7 9 40 Gram o 5ultedfor uecas , IrrcforTralning-:and Prafesatonal Attire to Jo b aekrrrs, Job Creation goonornlc Development (Programming}` 12"i!t}71 50;00fi $49, H $22,928 $552 $27,077 $552 $27,077 41 rani to >utted for 5ucc s, 4nc{ fo ° Training anti f rofasstonal Attire to Job Bakers. Job Creation conoirrt Developrnent (Programming) 13"0 i85 $f$0,00D 42 tar tfor 2 3 untrnr r Youth Trafntng Institute Job Creation / 1Meonnoiralc Raviopment; Pr it } 1,3.0049 $185,0O0 $S g 0139 $21917 4 49 Grant (or 204 a roar Youth'fralrtIng lnskttr to Job Creation J crrs r�rntC i evelopmer r (Progrnmmin} Creation/ Rcnnamzlc peveiopment (Programminng) Job Cr ail re / i onomtc ciek+elopment (Prograrnming) 14-0038 12ar 7 is 00o7 $ Bt ,Cr00 $38,0p0 $30q,0o0 $79,906 $3Et,58�J $29 , 8 4 $5r589, $8,61 94 $5,589 B,612 44 4 Pfrn tfet:ontar GhJob House o under vrite a portion of the cast tie operate and program th N[lar f Ri4°r1`Life Center attd the CRA's Pllm Institute. 46 Cram to Cllrn Llfe Ino» to underwrite a pr rt1 n of the cr sttoaparate and program the Mlanil Ftlrat life Center and the CIRA's Filrn .Iritltttte Job Creation / Economic Development (Programming) NR $280,0iJ0 $280,ti0d $280,000 4'7 PY 20L2 Youth Summer Crnp1 yrne. t Pregre in / Robert ounsctd I lrairtrtgPr0grg3rt Job Creation / Economic lopment::; (t'rogramming)' Jolt Creation t corrarratc tlevaloprnerrti (Piogrttmming} 12" 88 1.2-0t)51 $20tt,t} 0 $18(3, 44 $74,998' $t ,65 $4 $11,056 $4 48 ftotrts in the tyi arm fviarlret $75,000 18 Miem addedto t6 ($ 0( Rear Reirnivrse FY Festival June 01 %01t`s reimbursement from the ide County +as encu tlghors Asspctation, dna. to underwrite posts thr nued operation of the r ess incubator and slopment Prograrn and the operation of the ninunity Workforce lning Prcgrar»o 52 matt Neigh Neighbor: Associatl o underwrite costs associated with the tinued operation of the slnoss incubator and veloprnent Program end the operation of the Community Workforce ug Program. (Additional Funding) Creation% tg»00 3conornic Development (Programming) b Crandon Evon+ evel©pment 'ogramrning) ob Creation ' 11-i)044 concrrnid 4M004 , Job Croatian / t4.ii07 Economic Development trig) 0C THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN SEEN AT THE END OF THIS DOCUMENT. 14. THIS DOCUIVIENT IS A SUBSTITUTION TO ORIGINAL.BACKUP ORIGINAL f BE SEEN AT THE N THIS DOCUMENT. escrlptton' '_ FuYitliYi llr: rv2p 1 ' jt vt 'ue ' C to rrry eko AM nt`. 'ud ted; Arrssiuri"t xp nd d ft tairrin � al it G ryo�tar )und I nca' Grarxt to V111ss of 5t. Ca tea Infrastructure 14 0' CrtndominlumAssoclation, (Capital ►rrc, -a underwrite costs asseelted with the lnstIlrrtlrn of perimeter Projects) fencln surrounding the St; Ames development 4 iarantt s the B1ptk Archives for the Ward ltoon°r n house Gallery t altoral Arts and Culture g) ii ,QQC $ 43, 921 $6,47$ G 7C Tourist Center a6 Grant to tho ftlack,Archlves forttie Ward B(nming license valleryCultural' Arts and Cu1tUr (Pragramrningl Nft $6U,t14C4 $6B4OOO $5t,r}Btt' Tsurtst Center 66 t want to the Black Archives for Archival Collection, fk4arlteting and Cultural ttri s and Culture (Png) 0 $24id, C9C $ ,91O $51 $9 8 Fiertiage Institute, Fund to be expended for installation of the lyric Infrastructure (Caraitaf . q 04 $28 ,BQB $14, 6t} $17ii,44Q $170,440 Ilex, located at 881 and Projects) 841.N 2nd Avenue, Miami„ Florida, S7 Graltt id the hick Archives for Archival Cdlloction, MarlretingandCuItur'I l ierit ge 1[ statute. A' Culture. (I rograrratning) 4 iiC+3 ` $672,Urtil $196,2 7 $75,7g3 $878,783 63 Cornrr�erclaI t.eBse Adrtzinistratrt7n 14«tt tt : $ 44,00C $ 44,iYt1fJ $t44,©00 Agreement with the Black / Arts and Archives for the lease of office space for the CRA's adnylrrlstrativeofflces. (For two, years) Culture (Aaragramminl ) Funds to be used for the Arts and 14-0029 $76 00 $46,B 2 $78,948 ,605 Csuaetrsuvn Music Festival. Culture (I*rragr°amm n ) Grant to Lotus F out Sundari Foundation Grant to Greater Beadlel Church for repairs to theair conditioner unit In the Fellowship Hall Funds to rehab the buildirig located at 240 NW 17th Street, Miami Florida Ctuallty of Life (Capital Projects) unllty of Life (Capital Projects) Aff'rsrdabla Workforce Housing (Capital Prolect5l Total udgr tAmount Other Grants and Aids NR'- No CRA 'resolution R , CItA Resolution Passed Projects ming 14-0044 Amourrt Expel ded $194,540 $3,117,951 $33,000,334 6,716$26 $34,5a5,390 rJ6% $160xtrI355 4% ythrn & Arta Festival lun'e 2012 - $20K's reil K Resolution w $20K Reimbursement = $70K); t THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. $194,540 Carryover $194,a40 ,285 Qm the Miami Dade County was added to tills 2t pro eds rf trte of rho brand Promenade ($10,159,541) / Thls fundingls intended tit bo used for residential and enhanCemeht of the Redo/etc)prstorstorea. d ever, $2,849,964, out of the total proceeds lowing projects:1.) Additional funding f r the rekrabilitatian of Lunn Hotel $850,000, 2) 00D, 8) Purchase of Property $570,000 4) Aciciitianal funding to the 5pocial Area Plan for 00 ($250,000+ $25,000 = $275,000), 5) Addltionhi funding;to the Duslness incubator $70,000 6) Securing , Demolition and painting of ttuiidfrlg Eocat tf at 02✓ NW 2nd Avenue $30,000, 7) Hell and Knight $60r000 ($150,000 + $50,000 .$200,0 0),8} Additional funding to FACE Summer YOu h 014 $25 000 ($155,000 + $25,000 = $180,000) } Catnittus House>Mat Program $ "73,000,10) Addition uper Club Gallery{Pool Hats) $65,424 ($784,576+$65,42r#, $1 0,000),11) Additional funding to People 000 {$200;0OD+$200,000 ,$400,000), Funding for the Lotus House $undar4 Foundation $194,540,12) ding for prsxgre ruing at o bard Rooming House $50,000,13) Funding for Qruptar Bethel Church for i opairs ir5 IRiefler unit to rho Failow 1p Halt $20,040. and 14) Funds to rehab building located at 240 NW 17th Street, Miolni Firn!ido ODD, 16 five Clrector Assistant Executive Director Financial Officer Administrative Assistant Agenda Adm1 nistrater/Assis the Executive Director Assistant Financial Officer Project Inspector Architect Marketing Coordinator Grant Writer Office Assistant (Business Coordinator Community Liaison Accumulated Annual leave Contingency Regular Salaries Health/Dental/Vision insurance Executive Director Financial Officer Other CRA Staff Employee's Contrlbutlrw'. Contingency i lfe and Health Insurance Retirement Contribution (457Deferred Campensatinn and 401.1<). Executive Director Assistant Executive Directi nc Adrni Agenda Administrator/Assistant to the Executive Director Assistant Financial Officer Project Inspector Architect Marketing Coordinator Grant Writer/mart Tuner Office Assistant Business Coordinator Community Liaison. THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL SEEN AT THE END OF THIS DOCUMENT., $120,000 $95,000 $9 1 000 $33,395 $44,797 $40,654 $35,043 $92,000 $60,O00 $60,000 $32,000 $40,000 $40,000 $15,000 $33,000 $4,750 $11,830 $1,670 $2,240 ,033 $1,752 $4,600 $3,000 $3,0000 $1,600 $2,000 $2,000 '-'j1,*NBJRSflkafeakf,kkkgkmNkikNkkitotkNkkgidAN*JA6gi,4t,kkgssrR.AVwoeammJkmew , ',--,mmagema-sec,-e- Retirement Contribution Car Allowance Executive Director Assistant Executive Director Cell Phone Allowance Executive Director Assistant Executive Director Financial Officer AdmIniStretive Assistant Agenda Administrator Assistant Financial Officer Project Inspector Architect Marketing Coordinator Grant Writer Business Coordhtor THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT% 73,47 $6,000 $2,400 $2,400 $1,200 $900 $900 $900 $1,800 $900 $900 Fringe Benefits L $28,300 ADP - Payroll Processing Fee (26 payroll periods X $150) $3,900 Best Janitorial Supply (12 months x $365) $4,380 Circle Security System (4 quarters X $175) $700 ICMA Retirement - Annual Plan Fee $250 Crystal Water ' $800 Other Contractual Services - Contingency $70,693 Other Contractual Services To Include cost for travel out of the city for conferences and travel allowances, Tra el and Per Diem $80,723 $20,00o i3ellsouth (CRA Office) (12 months X $458) $5,500 CoMmunications $5,500 16 " " -4.AlkgrA 7 - 7 ffafffeofffaaffsf- THIS DOCUMENT IS A SUBSTITUTION TO OFUGINAL, BACKUP ORIOINAL AlCBE SEEN AT THE END OF THIS DOCUMENT, FPI.- 250 NW 10th (Parking-4) $1,800 IPL - 1490 NW 3RD Avenue Suite $17,376 107/111/1.04/106/105/101 - 29914-87709/89191- 38365/56172-24182/12520-94360/57245- 64363/73416-59030 FPI - 247 NW 12th (Parking-2) $1,358 FPL-1000 NW 3rd Avenue (Parking-3) $3,043 FPL- Ward (looming House (Account 27200-90022) $1,758 Miami Water and Sewer 1490 NW 3rd Ave $16,800 Miami Water and Sewer - 250 NW 10 street $16,800 Miami Water and Sewer 249 NW 9th Street (Ward S858 Rooming House)(Account 4528988415) Miami Water and Sewer -300 NW llth Fire line $504 Contingency f;10 000 Utility Service [ $70,298 Auto Insurance (One (1) New Vehicles) Property insurance/General/Liability insurance Workers Compensation (Estimate) Insurance To include the cost of food associated to CRA Board MaetingsfRibbon Cutting Ceremonies, To include the cost of fuel. To include the cost of miscellaneous supplies. Other Current Charges $4,500 $50,000 $3,000 r $10000 , $3,000 $3,000 16 00 17 To incde supplies necessary for use In the operation of an office, such es copy paper for the agendas and other office related supplies. Supplies To include other suppl3as not office related, I»x, Misc, Project Construction and Site Signage Opertlrr StirnIles To Innlode the cost of books, dues, memberships to zatinn;s and Small tg IViicrosoft license, Dues, Continuing Education and Florida Redevelopment Association among others. Subscription MUlembershlp/Training To Include the cost of office furni Machinery and Eniterit Co 1pelude the expenses of placing advertisements in the newspapers or other publications, Ex, Board meetings Advertisements, RFPs and RFQs. Advertising Konica Minolta Copier (black and White Copies and Color Copies)(12 months x $12$ $100 allowance) White Cop $32,04) Rental and Lease, (Black and ies)(12 months x THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL, BACKUP ORIGINAL CAN BE SEEN AT THE ENb OF THIS DOCUMENT. o,DO° $8,000 $2,000 0{ $4,ii00 To Include the cast of stand or other related item, Distribution of newsletter in the CRA area. Ex Mailing services and FedEx. Postage To include the cult associated to any affice/truck repair. Repair / Malntenanc « Eit tslde To include transfer of funds to the City of Niiami Office of the City Clerk for services to be rendered as Clerk of the Board. f nterfund Transfer Total FY 2015 Budget - Recurrant Expendltt THIS DOCUMENT 1S A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. $ 2,000 11VENUES ESTIMATED C ESTIMATED MIA ESTIMATED CITY 0, ESTIMATED MIAMI DA ESTIMATED CITY OE MIA or MIAMI TAX INCREMENT' (ORIGINAL BOON ARIES) APE COUNTY - TAX INCREMENT (ORIGINAL BOUNDARIES) * AMI - TAX INCREMENT (EXPANDED BOUNDARIES) COUNTY TAx INCREMENT (EXPANDED BOUNDARIES) * TAX INCREMENT (PARK WEST ADDITION) ESTIMATED MIAMI DADE CO DISPOSITION OF LAND PARKING FEES GRANTFROM HEALTH FOUNDATION ESTI ATED CARRYOVER FUND BALANC REDEVELOPMENT EXPENDITURES PROFESSIONAL SERVICES - LEGAL ACCOUNTING AND AUDIT PROFESSIONAL SERVICES OTHER OTHER CONTRACTUAL SERVICES LAND INTERFLE ND TRANSFER (Debt Servh;e) INTERFUND TRANSFER (Grant) DEBT SERVICE PAYMENT CONSTRUCTION IN PROGRESS OTHER GRANTS AND AIDS ADMINISTRATIVE EXPENDITURES REGULAR SALARIES FICA TAXES LIFE AND HEALTH INSURANCE RETIREMENT CONTRIBUTION FRINGE BENEFITS OTHER CONTRACTUAL SERVICE TRAVt1 AND PER DIEM COMMUNICATIONS UTILITY SERVICE INSURANCE OTHER CURRENT CHARGE SUPPLIES OPERATING SUPPLIES SUBSCRIPTION MEME3EILSHIP/TRAINING MACHINERY AND EQUIPMENT ADVERTISING RENTAL AND LEASES POSTAGE REPAIR/MAINTENANCE .• OUTSIDE INTEREUND TRANSFER •EY 20 BU G 'T R _SERVE ADMINI TR - TAX INCREMENT (PARK WEST ADDITION) * W,T041001'W;MgiWWW04,-AWIlagIV:04PIAWNWft * Copped o recent frobl the County Ordinance coact d In y r SUBSTITUTED $7,964,038 0,955,532 $2.88,026 $0 $130,983 $0 $0 $0 $0 $43,000 000 55,288,579 $194,196 $25,000 $1,198,057 $690,008 $1,022,017 $440,059 $538,266 $8,909,873 $4,423,097 $36,118,285 $833,890 $63,793 $147,244 $13,474 $18,300 $80,723 20,000 1500 98 $7,349,505 $4,566,718 $1,94,346 $120,738 So $0 $10,159,541 $147,671 $10,000 $27,960,526 $57, $16,0 $10„000 $8,000 $12,000 Szoaa V.loi000 $7,000 $2,000 52,000 530,000 $50,5 9 046 $365,360 $17,000 $1,331,407 $193,712 $665,310 $440,059 $47,140 $5,000,000 $3,320,373 $36,577,870 $958,890 $73,355 $1,47,244 $78,024 $16,800 S29,830 $20,000 $5,S00 $72,748 $S7,500 $15,000 $10,000 $8,000, 2,000 000 0 $2,000 $614,532 ($611,186) $43,680 ($120,738) $130,983 $0 1045950) ($1.47,671.) ($10,000) , 39 474 $4,7 9 171,164) $8,000 ($133,390) $496,296 $356,707 $0 $491,126 $3,909,873 $1,102,724 ($459,58S) ($126,000) ($9,562) ($0) ($4,550) 51,500 $50,893 $0 $0 ($2,450 50 50 50 50 50 i 924 46:14k* ;14; PIMM, City of Miami Legislation BRA Resolution .City Hail 3500 PanArnerin Drive rslii�imy FL 33133 www.miamigov,com File Num + rc 14-00719 Fitial..Aetion Date: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMANITY-REDEVELOPMENT AGENCY ("ORA"), WITH ATTACHMENTS), APPROVING ANDADOPTING THE CRA'S PROPOSED GENERAL: -OPERATING TAX INCREMENT FUND BUDGETBUDGET_FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015 SET FORTH IN ATTACHMENT "A.% DIRECT1NG THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF SAID BUDGET TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY: WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency (" CRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the 2009 Southeast Overtown/Park West Redevelopment Plan Man"); and WHEREAS, as a prerequisite to carrying outredevelopment activities for Fiscal Year commencing October 1, 2014 and ending September 30, 2015 ("FY 2015"), it is required that the CRA's Board of Commissioners approve the CRA's proposed Fiscal Year 2015 General Operating Budget and Tax I ncrmerrt Fund -Budget and WHEREAS, pursuant to Interlocal Agreements; a copy of CRA's budget is required to be transmitted to the City of Mierni and Miami -Dade County; and WHEREAS, the Board of Commissioners wishes to approve and adopt the CRA's proposed general operating budget and tax increment fund budget for the FY 2015 set forth in Attachment "A"; NOW, THEREFORE, BEIT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTQWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA; Section •1.. The recitals and findings contained in the Prearnble to this Rasolution are adopted by and incorporated herein as if fully set forth in this Section, ion 2 The Southeast Overtown/Park:West Community Redevelopment Agency's General Operating Budget and Tax Increment Fund Budget for the Fiscal Year commencing October 1, 2014 and ending September 30, 2015, set forth in Attachment "A," are hereby approved and adopted. ction a, The Executive Director is directed to transmit a copy of said budget to the City of Miarrri and Miami -Dade County, tion 4. Thrs Resolution sh II beco re.effectir/e Irrrrrrediateiy upon its adoption. Page 1 of 2 161,4 Le.lb it, 1449719 (1''e n: 2) bin Orr, 71.24/2 i14 TO FORM AND LEGAL UFFI IEN Y: A ACHE ,; ESQ. COUNSEL City of Miami Master Report Enactment Number: R-14-0318 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00824 Version: 1 File Type: Resolution Reference: Controlling Body: Office of the City Clerk File Name: Accepting Annual Budget FY'15 - SEOPW CRA Introduced: 8/13/2014 Requester: SEOPW Community Cost: Final Action: 9/9/2014 Redevelopment Agency Status: Passed Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING AND ADOPTING THE AMENDED BUDGET OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), ATTACHED AND INCORPORATED AS EXHIBIT "A", FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2013 AND ENDING SEPTEMBER 30, 2014, AS APPROVED BY THE SEOPW CRA'S BOARD OF COMMISSIONERS; FURTHER ACCEPTING AND ADOPTING THE PROPOSED BUDGET OF THE SEOPW CRA, ATTACHED AND INCOPORATED AS EXHIBIT "B", FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015, AS APPROVED BY THE SEOPW CRA'S BOARD OF COMMISSIONERS. Sponsors: Notes: Indexes: Attachments: 14-00824 Memo - SEOPW CRA.pdf,14-00824 Legislation.pdf,14-00824 Exhibit A.pdf,14-00824 Exhibit B.pdf, History of Legislative File Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result: Office of the City 9/2/2014 Attorney City Conunission 9/9/2014 Office of the Mayor 9/16/2014 Office of the City Clerk 9/16/2014 Reviewed and Approved ADOPTED Signed by the Mayor Office of the City Clerk Signed and Attested by City Clerk Pass City of Miami Page 1 Printed on 3/27/2015 City 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 ORA Amended Tax Increment Fund Budget for FY 2014 and Proposed Tax Increment Fund Budget for FY 2015, From: Clarence E. Woods Ill References; Executive DirectorNia viu @Amu* wada 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 GRA") 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 Miaml-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, City of Miami (Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamlgov.com File Number: 14-00824 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING AND ADOPTING THE AMENDED BUDGET OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), ATTACHED AND INCORPORATED AS EXHIBIT "A", FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2013 AND ENDING SEPTEMBER 30, 2014, AS APPROVED BY THE SEOPW CRA'S BOARD OF COMMISSIONERS; FURTHER ACCEPTING AND ADOPTING THE PROPOSED BUDGET OF THE SEOPW CRA, ATTACHED AND INCOPORATED AS EXHIBIT "B", FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015, AS APPROVED BY THE SEOPW CRA'S BOARD OF COMMISSIONERS. WHEREAS, 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, as revised and amended, requires that the SEOPW CRA submit its budget to the City; and WHEREAS, the Fiscal Year 2014 amended budget of the SEOPW CRA was approved by the SEOPW CRA's Board of Commissioners on February 24, 2014; and WHEREAS, the Fiscal Year 2015 proposed budget of the SEOPW CRA was approved by the SEOPW CRA's Board of Commissioners on July 30, 2014; and WHEREAS, the City Commission wishes to adopt said budgets; 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 adopted by reference and incorporated as fully set forth in this Section, Section 2. The amended budget of the SEOPW CRA, attached and incorporated, as Exhibit "A", for the Fiscal Year commencing October 1, 2013 and ending September 30, 2014, as approved by the SEOPW CRA's Board of Commissioners, is accepted and adopted. Section 3. The proposed budget of the SEOPW CRA, attached as Exhibit "B", for the Fiscal Year commencing October 1, 2014 and ending September 30, 2015, as approved by the SEOPW CRA's Board of Commissioners, is accepted and adopted. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1} City of Miami Page 1 of 2 File Id: 14-00824 (Version: 1) Printed Oa: 8/27/2014 File Number: '14-00524 APPROVE Q AS TO FORM AND CORRECTNESS: VII✓TORIAIMENDEZ CITY ATTORNEY Footnotes:. {1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten 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 City Commission. City of Miami Page 2 of 2 Fide Id: 14-00824 (Version: 1) Printed On: 8/27/2014 '1 .ti;r ., • V•4' • ',..e: I ' - umatia,....Lt,i!: .:: kg.,..,:uk,A. . .•: ..L. ...7-445.-, . Ag'..A" A ••' 4-1` " VJA I, 1,Viel „, wilWA. ' 4 ,,,. ,47, .6'',t•'„• L•tr.,. d. REVENUES ESTIMATED CITY OP MIAMI - TAX INCREMENT (ORIGINAL BOUNDARIES) $7,954,068 $7,849,506 $614,532 ESTIMATED MIAMI DADE COUNTY -TAX INCREMENT (ORIGINAL BOUNDARIES) * $8,955,532 $4,566,718 (0614185) ESTIMATED CITY OF MIAMI -TAX INCREMENT (EXPANDED 130 LI NOARIES) $236,026 $194,346 $43,680 ESTIMATED MIAMI DADE COUNTY TAX INCREMENT (EXPANDED BOUNDARIES) * 00 $120,738 1$12o,7a 8) _ESTIMATED CITY OF MIAMI TAX INCREMENT (PARK WEST AMMON) Siao,9ss $0 $130,963 . . • ESTI MATEOMIAMI DADE COUNTY u TAX INCREMENT (PARK WEST ADDITION) * $0 $0 $0 DISPOSITION OF LAND $0 $10,169,541 (40,159,64) PARKING FEE s $o $147,671 (447,671) GRANT FROM HEALTH FOUNDATION $0 $110,000 ($10,000) ESTIMATED CARRVOYER FUND BALANCE $481000,000 $27,96026 $15,039,474 TOTAL REVENUES ' 055,268,878 SS 0,699,048 04;779,583, REDEVELOPMENT EXPENDITURES PROFESSIONAL SERVICES - LEGAL • ACCOUNTING AND AUDIT $194,196 $25,000 $$65,860 $17,000 ($171,164 $8,000 PROFESSIONAL SERVICES - OTHER OTHER CONTRACTUAL SERVICES 01057 $690,008 01,364407 $193,712 ($133,850) 0496,296 LAND $±,022,017 $565,310 $356,707 I NTEFiFUN 0 TRANSFER (Debt Service) 0440,059 $440,059 $0 INTERFUND TRANSFER (Grant) DEBT SERVICE PAYfvIENT • 0538,266 08,909,878 • $47,140 $6,000,000 $491,126 0,91)9A73 CONSTRUCTION IN PROGRESS $4,423,097 P,320,37a $1,102,724 OTHER GRANTS AND AILS $36,118,285 $861577,870 ($459,685) ADMINISTRATIVE EXPENDITURES REGULAR SALARIES . $863,890 $958,890 ($126,000) PICA TAM $63,793 $78,855 ($9,552) LIFE AND 1.1EALTH INSURANCE $147,244 ' $167,244 ($0) RETIREMENT CONTRIBUTION $73,474 $78,024 ($4,560) FRINOE BEN Errs $1g,3Oo $16,600 $1,500 OTHER CONTRACTUALSERVICE $80,723 $29,860 $50,893 TRAVEL. AND PER DIEM $20,000 $20,000 $0 COMMUNICATIONS $5,500 $5,5oo $0 UTILITY SERVICE . , $70,298 $72,748 ($2,450) INSURANCE $57,500 $57,500 $0 ' OTHER CURRENT CHARGE $16,000 $16,000 $0 SUPPLIES 010,000 $10,000 $0 OPERATING SUPPLIES • $8,000 $3,000 $0 SUBSCRIPTION lamaeRs141rtrRAINNe 4210m $12,000 $0 MACHINERY AND EQUIPMENT $2,000 $2/000 $0 ADVERTISING $30,000 $80,000 $0 RENTAL A ND LEASES . $7,000 S7,000 00 POSTAGE $2,000 $2,000 $0 REPAIR/MAINTENANCE - OUTSIDE $2,000 $2,000 $0 INTERFUND TRANSFER $30,000 $30,000 SD FY 2,c% BUDGET RESERVE- ADMINISTRATION 240,00.0 $971,924 ($731,924) TOTAL EXPENDITURES 055,288,579 04,h9,533 tr.),S09,0116 talterig,•;*:::;:a.,:11•Vic - ' Virtrgig,44'0";:i'e:'.':. : :r ',V,'Igli% IntalrOff, *1• •••6' .',7.•i0 ;2..kk' IMO) sa Capped amount from the con rity ordinance enacted In year /002 '$L-ILLb 01- _ fJJ+ t t �i �' .et44�+';'1 5 4 fin K, rr ':k: - +$ E"AG Ea N[ 4'Lk.�: ' PC( v , }f✓ [. "' 4,�1 �Y� h V �7�`� „j � t '4 ^'+ =�l �'�tsa u°i i, �a if^' 0 7f, w'4` � (ar �i yf,d 1�+. F, [I .fit • J y�Yr' Y'+ r9�'+lkn� fir\i+ F ' i `} iT'• . ',} 7:;._�•[`�1 .,:.�. fi�;fl+t�.: n a {2CY�' 4 ity JN r, Pk1Pi�[ i q Il } 4y�t�}` I dZ [�. 1 .i'Jfl 'il, r 1� 4 , X� 1 , di 1 b r if Y �h sE .v .04�, x; h .3 1 Q `^. _ ` + 1' V!g ()ll�n•,fl �' +:#'>.:.a �Ila�t REVENUES cry OFMIAMI, TAX INCREMENT (ORIGINAL BOUNDARIES) $7,349,506 $7,3491506 '$D NMIAMI DADE COUNTY • TAX INCREMENT (ORIGINAL BOUNDARIES) * $4'566,718' $4,566,718 $0 crTY OF MiAM1 • TAX INCREMENT (EXPANDED BOUNDARIES) $194,346 $194,546 $0 MIAMI DADE COUNTY - TAX INCREMENT (EXPANDEDBOUNDARIES) * $120,738 $120,738 $D DISPOSITION OF LAND $10,159,541 $10,159,541 OTHER REVENUES $80,250 -$11D,250 PY 2013 PARKING FEES $147,671 $147,671 GRANT FROM HEALTH POUNDATIUN ' $10,000 $10,000 CARRYOVER_FUNp 5ALA Ci C E27r950,526 S26 6232$0 •$662r754 TOTAL REV BNU YS $50j$09,047$40)934,838 $9,574,209 REDEVELOPMENT EXPENDITURES PROFESSIONAL SERVICES - LEGAL $505,360 $298, t47 $67,213 ACCOUNTING AND AUDIT $17,000 $26,000 -$$,00O PROFESSIONAL SERVICES - OTHER $1,331,407 $695,775 $635,682 OTHER CONTRACTUAL SERVICES $193,712 $489,758 -$296,046 LAND $665,310 $2,700,714 42,055,404 INTERFUND TRAN5PER (Debt Service) $440,059 $440,053 $0 INTERFUND TRANSFER (Grant) $47,140 $47,140 $0 DEBT SERVICE PAYMENT $5,000,000 $5,000,000 $0 CONSTRUCTION IN PROGRESS $3,820,673 $$,569,808 -$249,435 OTHER GRANTS AND AIDS $3.6,5.77,870 $26,070,287 $10,507,533 ADMINISTRATIVE EXPENDITURES $0 REGULAR SALARIES $9,58,>390 $740,541 $23.8,349 PICA TAXES •--$73,355 $56,661 $16,704 LIFE AND HEALTH INSURANCE $3.47,244 $131,213 $16,051 RETIREMENT CONTRIBUTION $78,024 $62,8E3 $15,171 FRINGE BENEFITS $10,800 $15,5OO $1,200 OTHER CONTRACTUAL SERVICE '$•25,830 $19,830 $10,000 TRAVEL AND PER DIEM $20,000 $20,000 $0 COMMUNICATIONS $5,500 $5,50D $0 UTILITY SERVICE $72,748 $64,462 $8,286 INSURANCE , $57,500 .$89,600 .$32,000 OTHER CURRENT CHARGE $16,000 $9,000 $7,000 SUPPLIES $3,0,000 $7,000 $8,000 OPERATING SUPPLIES $8,000 $7,000 $1,00D SUBSCRIPTION MEMBERSHIP/TRAINING $12,000 $16,OOD •$4,000 MACHINERY AND EQUIPMENT $2,000 $32,000 -$50,000 ADVERTISING $30,000 $40,000 -$10,000 RENTAL AND LEASES 4'.$7,000 $7,000 $0 ' POSTAGE •' $2,000 $2,000 $0 REPAIR/MAINTENANCE" OUTSIDE • • $2,000 $2,000 $0 INTERPUND TRANSFER $30,000 $30,000 $0 BUDGET RESERVE $9714925 $240+ODO $731,925 TOTAL EkIxENDITURES $50,5D9,048 $40,9114,888 $9,574 210 '" Miami Dade County forwarded the amount ctf $8,956,532 In January 2014, Said amount represents the Dapped amount from the County Ordinance enacted In year 1982, Southeast / Overtown Park West CRA City of Miami Budget Template FY 2010-11 Actual FY 2011-12 Actual FY 2012-13 Actual FY 2013-14 Budget FY 2014-15 Proposed --ooiwgzE. , , li' • Agg wk. ,' ... ' , ga WM*, 11;011 _,.# ,i,A,,,,,M , ' , &V idotagen,Ma, itSEASININSVNUMMERINVOR NIGLM-:i ,J,WININ 411100 - Ad Valorem Taxes $11,711,376 $8,098,297 $9,787,251 $12,231,308 $12,288,579 435000 • State Shared Revenues $0 $0 $0 437000 - Grants from Other Local Units $465,702 $403,250 $503,993, _ 439000 - Payments From Other Local Units $1 $1,534,124 $24,760 $157,671, 448000 • CFS-Rents and Royalties $19,638 $10,389 $0 461100 - Misc-Interest & Penalty $50,005 $49,830 $44,032 Disposition of Land $0 $0 $0 $10,159,541 Carryover Fund Balance $27,960,526 $43,000,000 461300 - Misc-Net Increase Decrease -$2,333 $7,038 -$144,258 469000 - Misc-Other Revenue $0 $0 $40,627 481000 - Interfund Transfer $815,183 $186,392 $0 Revenue Grand Total $13,059,572 $10,289,320 $10,256,405 $50,509,046 $55,288,579 EiVelradi:4's, NAM, _,,,lifer,_„eiVillteraMegi ISTiLIIIMMEMIropounamstamessuntomiNERIWINVP' $891,920 $903,123 $640,872 $958,890 $833,890 512000 - Regular Salaries 513000 - Other Salaries and Wages $42,154 $41,838 516000 - Fringe Benefrts $10,791 $14,343 $17,432, $16,800 $18,300 524000 • Fica Tax $69,448 $71,182 $49,587 $73,355 $63,793 522000 - Retirement Cont $36,053 $46,818 $65,809- $78,024 $73,474 523000 • Life and Health Insurance $107,377 $105,564 $33,017 $147,244 " $147,244 525000 • UnemploymentCompen $6,542 $881 $824 531000 - Professional Sery $633,810 $328,555 $362,460 $1,696,767 $1,392,253 532000 - Accounting and Audit $36,500 $27,500 $41,000 $17,000 $25,000 534000 - Other Contractual Service $167,877 $125,704 $146,367 $223,542 $770,731 I-- 540000 - Travel and Per Diem $2,117 $15,254 $6,514_ $20,000 $20,000 541000 - Communications $1,277 $19 -$16 $5,500 $5,500 541100 - Postage - Mail $296 $337 $129 $2,000 $2,000 543000 - Utility Service $19,491 $27,986 $35,522 $72,748 $70,298 544000 - Rentals and Leases $182,119 $132,008 $4,307 $7,000 $7,000 545000 - Insurance $97,435 $53,887 $115,135 $57,500 $57,500 546000 - Repair and Maintenance Services $71 $291 $142 $2,000 $2,000 548100 - Advertising Expense $27,366 $71,277 $28,168 $30,000 $30,000 .549000 - Other Current Charge $15,988 $18,062 $16,424 $16,000 $16,000 551000 - Supplies $6,777 $5,854 $10,003 $10,000 $10,000 552000 - Operating Supplies $12,917 518,046 $4,669 $8,000 $8,000 552010 - Motor Fuel -GSA $96 $0 554000 - subscription membership $10,599 $17,474 $1,524 $12,000' $12,000 661000 • Purchase Land $0 $249,969 $464,052 $665,310 $1,022,017 662000 - Building SO SO 664000 - Machinery and Equipment $1,138 $1,440 $7,879 $2,000 $2,000 670000 - Construction in Prog $532,641 $274,530 $572,056 $3,320,373 $4,423,097 771000 • Principal $0 $0 $0 $5,440,059 $9,349,931 772000 - interest $O $O $0 881000 • Aids to Government Agencies SO $O $0 883000 - Grants -$2,432,869 $3,505,323 $4,201,753 $36,625,010 $36,656,551 891000 • Other interfund Transfer _ $6,237,555 $2,378,196 $521,235 $30,000 $30,000 Budget Reserve $0 $0 $0 $971,924 _ $240,000 Expenditure Grand Total $6,717,486 $8,435,462 $7,346,862 $50,509,046 $55,288,579 Revenues Minus Expenditures $6,342,086 $1,853,858 $2,909,542 $0 $0 City of Miami Master Report Enactment Number: CRA-R-15-0001 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 15-00192 File Type: CRA Resolution Status: Passed Version: 1 Reference: Controlling Body: SEOPW Community Redevelopment Agency File Name: 2015 Amended Budget Introduced: 2/9/2015 Requester: Cost: Final Action: 2/23/2015 Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S TAX INCREMENT FUND AND GENERAL OPERATING BUDGET, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF THE AMENDED BUDGETS TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY. Sponsors: Notes: Indexes: Attachments: File # 15-00192 Cover Memo.pdf,File # 15-00192 Legislation.pdf,File # 15-00192 Exhibit.pdf, History of Legislative File Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result: 1 CRA General Counsel 2/17/2015 Reviewed and Approved 1 SEOPW Community 2/23/2015 ADOPTED Redevelopment Agency Pass City of Miami Page 1 Printed on 3/27/2015 City of Miami Legislation CRA Resolution: CRA-R-15-0001 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 15-00192 Final Action Date: 2/23/2015 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S TAX INCREMENT FUND AND GENERAL OPERATING BUDGET, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF THE AMENDED BUDGETS TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the 2009 Southeast Overtown/Park West Redevelopment Plan ("Plan"); and WHEREAS, it is necessary to amend the budgets to reflect the amount of tax increment funds actually owed in January 2015 by each taxing authority that contributes to the CRA's Redevelopment Trust; and WHEREAS, the Board of Commissioners wishes to approve and adopt the CRA's Amended Tax Increment Fund and General Operating Budget for the Fiscal Year commencing October 1, 2014 and ending September 30, 2015; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The attached Amended Tax Increment Fund and General Operating Budget for the Fiscal Year commencing October 1, 2014 and ending September 30, 2015 are approved and adopted. Section 3. The Executive Director is directed to transmit a copy of each budget to the City of Miami and Miami -Dade County. Section 4. This Resolution shall become effective immediately upon its adoption. City of Miami Page 1 of 1 File Id: 15-00192 (Version: 1) Printed On: 3/27/2015 SEOPW Board of Commissioners Meeting February 23, 2015 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board. Chair Keon Hardemon and Members of the CRA Board From: Clarence E. Woods, III 64 Executive Director Date: February 13, 2015 File: 15-00192 Subject: Resolution Approving the CRA's FY 2015 Amended Budget. References: Enclosures: Legislation BACKGROUND: It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") adopt the attached Resolution approving and adopting the amended Tax Increment Fund and General Operating Budget of the CRA for the Fiscal year commencing October 1, 2014 ending September 30, 2015. JUSTIFICATION: On July 30, 2014, the CRA's Board of Commissioners, by Resolution No. CRA-R-14.0054 approved and adopted the Tax Increment Fund and General Operating Budget for FY 2015 based on estimates of tax increment funds expected to be received in early January 2015. The Budget has been amended to reflect the amount of tax increment funds actually received in January 2015 from each taxing authority that contributes to the CRA's Redevelopment Trust Fund, City of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamlgov.com File Number; 15-00192 Final Action Date; A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S TAX INCREMENT FUND AND GENERAL OPERATING BUDGET, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF THE AMENDED BUDGETS TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the 2009 Southeast Overtown/Park West Redevelopment Plan ("Plan"); and WHEREAS, it is necessary to amend the budgets to reflect the amount of tax increment funds actually owed in January 2015 by each taxing authority that contributes to the CRA's Redevelopment Trust; and WHEREAS, the Board of Commissioners wishes to approve and adopt the CRA's Amended Tax Increment Fund and General Operating Budget for the Fiscal Year commencing October 1, 2014 and ending September 30, 2015; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The attached Amended Tax Increment Fund and General Operating Budget for the Fiscal Year commencing October 1, 2014 and ending September 30, 2015 are approved and adopted. Section 3. The Executive Director is directed to transmit a copy of each budget to the City of Miami and Miami -Dade County. Section 4. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: RENEE A. JADUSINGH, ES STAFF COUNSEL City of Miami Page 1 of 1 File Id:15-00192 (Version: 1) Friaatet10m 2/9/2015 $EOPW Operating & SpdcialRevenue Fund 'Budget .FY 2015: ' SEOPW Amended `Budget. • FY 2016, . SEOPW ; Original . Budget Budget Variance Revenues CITY OF MIAMI - TAX INCREMENT (ORIGINAL BOUNDARIES) $8,045,982 $7,964,038 $81,944 MIAMIDADECOUNTY- TAXINCREMENT(ORIGINALBOUNDARIES) $4,907,952 $3,955,532 $952,420 CITY OF MIAMI - TAX INCREMENT (EXPANDED BOUNDARIES) $241,073 $238,026 $5,047 MIAMI DADE COUNTY -TAX INCREMENT (EXPANDED BOUNDARIES) $146,596 $146,396 CITY OF MIAMI- TAX INCREMENT (PARK WEST ADDITION) $132,289 $130,983 $1,306 MIAMI DADE COUNTY -TAX INCREMENT (PARK WEST ADDITION) $80,740 $80,740 OTHER REVENUES $75,000 $75,000 2015 CONTRIBUTION FROM CHILDREN TRUST FUND $571,571 $571,571 2014AUDITED FUND BALANCE $41,459,894 $43,000,000 -$1,540,106 Total Revenues $55,660,897 $55,288,579 $372,318 Redevelopment Expenditures PROFESSIONAL SERVICES - LEGAL $294,312 $194,196 $100,116 ACCOUNTING AND AUDIT $25,000 $25,000 $0 PROFESSIONAL SERVICES -OTHER $1,299,336 $1,198,057 $101,279 OTHER CONTRACTUAL SERVICES $353,054 $690,008 -$336,954 LAND $1,023,810 $1,022,017 $1,793 INTERFUND TRANSFER (Debt Service) $440,059 -$440,059 INTERFUND TRANSFER (Grant) $1,878,534 $538,266 $1,540,068 DEBT SERVICE PAYMENT $7,826,239 $8,909,873 -$1,083,634 CONSTRUCTION IN PROGRESS $4,467,145 $4,423,097 $44,048 OTHER GRANTS AND AIDS $55,708,434 $36,118,285 -$409,851 Administrative Expenditures REGULAR SALARIES $976,163 $833,890 $142,273 FICA TAXES $74,676 $63,792 $10,884 LIFE AND HEALTH INSURANCE $163,191 $147,244 $15,947 RETIREMENT CONTRIBUTION $92,818 $73,474 $19,344 FRINGE BENEFITS $38,300 $18,300 $20,000 OTHER CONTRACTUAL SERVICE $90,030 $80,723 $9,307 TRAVEL AND PER DIEM $40,000 $20,000 $20,000 COMMUNICATIONS $5,500 $5,500 $0 UTILITY SERVICE $29,041 $70,2,98 -$41,257 INSURANCE $64,500 $57,500 $7,000 OTHER CURRENT CHARGE $26,000 $15,000 $10,000 SUPPLIES $12,000 $10,000 $2,000 OPERATING SUPPLIES $12,000 . $8,000 $4,000 SUBSCRIPTION MEMBERSHIP/TRAINING $15,000 $12,000 $3,000 MACHINERY AND EQUIPMENT $3,000 $2,000 $1,000 ADVERTISING $35,000 $00,000 $5,000 RENTAL AND LEASES $7,000 $7,000 $0 POSTAGE $2,000 $2,000 $0 REPAIR/MAINTENANCE - OUTSIDE $2,000 $2,000 $0 INTERFUND TRANSFER $30,000 $30,000 $0 FY 2015 BUDGET RESERVE - ADMINISTRATION $240,000 $240,000 $0 FY 2014 BUDGET a) FY 2013 Carryover Fund Balance (Surplus) - $314,134 b) FY 2014 Carryover Fund Balance (Surplus) - $512,878 $827,012 $827,012 Total Expenditures $55,660,897 $55,286,579 $372,318 FUND BALANCE ALLOCATED PURSUANT TO RESOLUTION FUND BALANCE ASSIGNED PENDING FOR RESOLUTION $0 89% 100% $0 $0 1