HomeMy WebLinkAboutMCRA-R-18-0002Midtown
Community Redevelopment Agency
Legislation
MCRA Resolution: MCRA-R-18-0002
Midtown CRA
1401 N. Miami Avenue
Miami, FL 33136
www.miamicra.com
File Number: 4756 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 2019 PROPOSED BUDGET OF THE
MIDTOWN COMMUNITY REDEVELOPMENT AGENCY, ATTACHED AND
INCORPORATED AS EXHIBIT "A", IN THE AMOUNT OF $6,818,257, FOR THE
FISCAL YEAR COMMENCING OCTOBER 1, 2018 AND ENDING SEPTEMBER
30, 2019; 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, as a prerequisite to carrying out the redevelopment activities for Fiscal Year
2018-2019, the Board of Commissioners of the CRA must approve the proposed Tax Increment
budget for the fiscal year commencing October 1, 2018 ending September 30, 2019.
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 2019
proposed budget for the fiscal year commencing October 1, 2018 ending September 30, 2019
respectively.
Section 3. The Executive Director is directed to transmit a copy of 2019 proposed budget
to the City of Miami and Miami -Dade County
Section 4. This Resolution shall become effective immediately upon its adoption
City of Miami Page 1 of 2 File ID: 4756 (Revision:) Printed On: 10/1/2018
File ID: 4756 Enactment Number: MCRA-R-18-0002
APPROVED AS TO FORM AND CORRECTNESS:
_ndez, ity Attor ey 9/13/2018
City of Miami Page 2 of 2 File ID: 4756 (Revision:) Printed on: 10/1/2018