HomeMy WebLinkAboutR-15-0390City of Miami
Legislation
Resolution: R-15-0390
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-01039 Final Action Date: 9/10/2015
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ACCEPTING AND ADOPTING THE ANNUAL GENERAL OPERATING AND TAX
INCREMENT FUND BUDGET OF THE SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), ATTACHED AND
INCORPORATED, IN THE AMOUNT OF $51,075,776.00, FOR THE FISCAL YEAR
COMMENCING OCTOBER 1, 2015, AND ENDING SEPTEMBER 30, 2016.
WHEREAS, pursuant to Part III, Chapter 163, Florida Statutes, there was created by action of
Miami -Dade County, Florida and the City of Miami, Florida ("City") the Southeast Overtown/Park West
Community Redevelopment Agency ("SEOPW CRA") within the limits of the City; and
WHEREAS, Article VI, paragraph 6.1(b), of the Interlocal Cooperation Agreement, dated
March 1, 2000, between the City, the SEOPW CRA and the Omni Redevelopment District Community
Redevelopment Agency, as revised and amended, requires that the SEOPW CRA submit its annual
budget to the City Commission; and
WHEREAS, the SEOPW CRA Board of Commissioners approved and adopted the SEOPW
CRA's General Operating and Tax Increment Fund Budget ("Budget") for Fiscal Year 2015-2016 on
July 27, 2015, pursuant to Resolution CRA-R-15-0028; and
WHEREAS, the SEOPW CRA requests the acceptance of the Budget for the Fiscal Year
commencing October 1, 2015, and ending September 30, 2016, in the amount of $51,075,776.00;
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 adopted
by reference and incorporated as if fully set forth in this Section.
Section 2. The SEOPW CRA's Fiscal Year 2015-2016 Budget, in the amount of
$51,075,776.00, attached and incorporated, for the Fiscal Year commencing October 1, 2015, and
ending September 30, 2016, is accepted and adopted.
Section 3. This Resolution shall become effective immediately upon its adoption and signature
City of Miami
Page 1 of 2 File Id: 15-01039 (Version: 1) Printed On: 3/22/2018
File Number: 15-01039 Enactment Number: R-15-0390
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: 15-01039 (Version: 1) Printed On: 3/22/2018