HomeMy WebLinkAboutMemo - SEOPW CRA 03-07-17City of Miami Board of Commissioners Meeting
April 13, 2017
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: City of Miami Commissioners Date: March 7, 2017 File:
Subject: SEOPW CRA Amended Tax increment Fund
Budget for FY 2017.
0 From: Clarence E. Woods, Ill References:
Executive Director
Enclosures: Legislation
BACKGROUND:
It is recommended that the Board of Commissioners of the City of Miami approve the attached Resolution
accepting and adopting the amended budget of the Southeast Overtown/Park West Community Redevelopment
Agency for the fiscal year commencing October 1, 2016 and ending September 30, 2017.
JUSTIFICATION:
The CRA is required to annually prepare a proposed budget and transmit said budget to the City of Miami and
Miami -Dade County pursuant to Article VI, paragraph 6.1(b), of the lnterlocal Cooperation Agreement, dated
March 1, 2000, between the City of Miami, the Southeast Overtown/Park West Community Redevelopment
Agency, and the Omni Redevelopment District Community Redevelopment Agency, as revised and amended.
This resolution fulfills that requirement.
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