HomeMy WebLinkAboutLegislationCity of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov,com
File Number: 16-00681
Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),.
ACCEPTING AND ADOPTING THE AMENDED ANNUAL GENERAL OPERATING
AND TAX INCREMENT FUND BUDGET OF THE SOUTHEAST OVERTOWN/PARK
WEST COMMUNITY REDEVELOPMENT AGENCY, ATTACHED AND
INCORPORATED, IN THE AMOUNT OF $49,235,546.00, FOR THE FISCAL YEAR
THAT COMMENCED OCTOBER 1, 2015, AND ENDS SEPTEMBER 30, 2016.
WHEREAS, pursuant to Part III, Chapter 162, 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 ("Board") 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-0028; and
WHEREAS, the City accepted and adopted the SEOPW CRA Budget for Fiscal Year 2015-2016 on
September 10, 2015, pursuant to Resolution R-15-0390; and
WHEREAS, the Board approved and adopted an Amended Budget for Fiscal Year 2015-2016 on
March 30, 2016, pursuant to Resolution CRA-R-16-0005; and
WHEREAS, the SEOPW CRA requests the acceptance of the Amended Budget for the Fiscal Year
that commenced October 1, 2015, and ends September 30, 2016, in the amount of $49,235,546.00;
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 Amended Budget, in the amount of
$49,235,546.00, attached and incorporated, for the Fiscal Year that commenced October 1, 2015, and
ends September 30, 2016, is accepted and adopted.
Section 3, This Resolution shall become effective immediately upon its adoption and signature of
the Mayor. {1}
City of Miami
Page 1 of 2 File Id: 16-00681 (Version: 1) Printed On: 5/24/2016
File Number: 16-00681
APPOVED AS TO FORM AND CORRECTNESS:
VI `rORIA MENDEZ ,,..
CITY ATTORNEY -'
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 vetos 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: 16-00681 (Version: 1) Printed On: 5/24/2016