HomeMy WebLinkAboutR-15-0170City of Miami
Legislation
Resolution: R-15-0170
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-00328 Final Action Date: 4/9/2015
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, 2014, AND ENDING SEPTEMBER 30, 2015
("AMENDED BUDGET"), AS APPROVED BY THE SEOPW CRA'S BOARD OF
COMMISSIONERS, INCLUDING AN AMENDMENT TO THE APPROPRIATIONS
RELATING TO DEBT SERVICE FUND REQUIREMENTS FOR THE FISCAL YEAR
ENDING SEPTEMBER 30, 2015, ATTACHED AND INCORPORATED AS EXHIBIT
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 2014-2015 Budget of the SEOPW CRA ("Budget") was approved by
the SEOPW CRA's Board of Commissioners on July 30, 2014 pursuant to Resolution CRA-R-14-
0054 and by the City Commission on September 9, 2014 pursuant to Resolution R-14-0318; and
WHEREAS, the Fiscal Year 2014-2015 amended Budget ("Amended Budget") of the SEOPW
CRA was approved by the SEOPW CRA's Board of Commissioners on February 23, 2015 pursuant to
Resolution CRA-R-15-0001; and
WHEREAS, the Amended Budget reflects that the Debt Service Fund requirements appropriation
is being amended from the adopted Budget of $8,909,873 to $7,386,180 for the fiscal year ending
September 30, 2015 due to a budget account reclassification; and
WHEREAS, the City Commission wishes to adopt said Amended Budget, including said Debt
Service Fund amendment;
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, 2014, and ending September 30, 2015, as approved by
the SEOPW CRA's Board of Commissioners, including amendment to the Debt Service Fund
appropriation, attached and incorporated as Exhibit "B," from the adopted Budget of $8,909,873 to
City of Miami
Page 1 of 2 File Id: 15-00328 (Version: 1) Printed On: 2/22/2018
File Number: 15-00328 Enactment Number: R-15-0170
$7,386,180 for the fiscal year ending September 30, 2015, is accepted and approved.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor. {1 }
Footnotes:
{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 2 of 2 File Id: 15-00328 (Version: 1) Printed On: 2/22/2018