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HomeMy WebLinkAboutBack-Up DocumentOmni Board of Commissioners Meeting May 2601, 2016 OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Ken Russell and Members of the CRA Board From: Jason Walk Executive D References: Date: May19th, 2016 File: Subject: Resolution Approving the Omni CRA's Amended General Operating Budget & Tax Increment Fund Budget, for Fiscal Year 2016. Enclosures: Attachment; Legislation BACKGROUND: It Is recommended that the Board of Commissioners of the Omni Redevelopment District Community Redevelopment Agency ("CRA") approve and adopt the attached Resolution, with attachment(s), adopting the amended Omni CRA's General Operating Budget and Tax Increment Fund Budget, for the Fiscal Year commencing October 1, 2015, and ending September 30, 2016, and further directing the Executive Director to transmit a copy of each budget to the City of Miami and Mlami-Dade County, JUSTIFICATION: The lnterlocal Agreement requires the Omni CRA to annually prepare a proposed budget and transmit same to the City of Miami and Miami -Dade County. This Resolution fulfills this requirement.