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HomeMy WebLinkAboutMCRA-R-18-0001Midtown Community Redevelopment Agency Legislation MCRA Resolution: MCRA-R-18-0001 Midtown CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 4755 Final Action Date: 9/27/2018 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), ACCEPTING AND APPROVING THE 2018 AMENDED BUDGET OF THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY, ATTACHED AND INCORPORATED AS EXHIBIT "A", IN THE AMOUNT OF $6,628,202, FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF EACH BUDGET TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY. WHEREAS, the Midtown Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area; and WHEREAS, it is necessary to amend the 2018 budget to reflect the actual tax increment funds received in the 2017-2018 Fiscal Year; and WHEREAS, pursuant to an Interlocal Agreement, as amended, which the CRA is a party to, a copy of each budget is to be transmitted to the City of Miami and Miami -Dade County; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are approved by reference and incorporated as if fully set forth in this Section. Section 2. The Board of Commissioners of CRA hereby approves and adopts the 2018 amended budget for the fiscal year commencing October 1, 2017 ending September 30, 2018. Section 3. The Executive Director is directed to transmit a copy of each 2018 amended 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 CORRECTNESS: ndez, ity Attor ey 9/13/2018 City of Miami Page 1 of 1 File ID: 4755 (Revision:) Printed On: 10/1/2018