HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #2075
Date: 04/13/2017
Commission Meeting Date: 07/13/2017
Requesting Department: OMNI Community
Redevelopment Agency
Sponsored By:
District Impacted:
Type: Resolution
Subject: Accept Amended Budget - Omni CRA
Purpose of Item:
OMNI CRA's 2016-2017 Mid -Year Amended Budget Approval
Background of Item:
It is recommended that the Miami City Commission approve the attached resolution of
the Omni Redevelopment District Community Redevelopment Agency ("CRA"), with
attachment(s), adopting the amended Omni CRA's General Operating Budget and Tax
Increment Fund Budget, for the fiscal year commencing October 1, 2016, and ending
September 30, 2017.
Budget Impact Analysis
Item is Related to Revenue
Total Fiscal Impact:
N/A
Reviewed B
OMNI Community Redevelopment Agency
Office of Management and Budget Donovan Dawson
Office of Management and Budget Christopher M Rose
City Manager's Office
City Manager's Office
Legislative Division
Office of the City Attorney
Office of the City Attorney
City Commission
Legislative Division
Office of the City Attorney
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Alberto N. Parjus
Daniel J. Alfonso
Maricarmen Lopez
Maricarmen Lopez
Maricarmen Lopez
Nicole Ewan
Valentin J Alvarez
Barnaby L. Min
Victoria Mendez
Nicole Ewan
Mayor's Office
City Clerk's Office
Jason M. Walker
Budget Analyst Review
Budget Review
Assistant City Manager Review
City Manager Review
Legislative Division
Deputy City Attorney Review
Approved Form and Correctness
Meeting
Legislative Division Review
Deputy Attorney Review
Approved Form and Correctness
Meeting
Initial Review
Completed
Completed
Completed
Completed
Skipped
Skipped
Skipped
Completed
Completed
Completed
Completed
Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
Completed
04/26/2017 11:59 AM
04/26/2017 4:16 PM
05/02/2017 4:46 PM
05/02/2017 4:55 PM
05/10/2017 1:13 PM
05/10/2017 1:13 PM
05/10/2017 1:13 PM
05/11/2017 9:00 AM
06/29/2017 3:44 PM
06/29/2017 3:51 PM
06/30/2017 8:54 AM
07/13/2017 9:00 AM
07/21/2017 5:34 PM
07/21/2017 5:57 PM
City of Miami
Legislation
Resolution
Enactment Number: R-17-0328
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 2075 Final Action Date:7/13/2017
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ACCEPTING AND APPROVING THE AMENDED BUDGET OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("OMNI
CRA"), ATTACHED AND INCORPORATED AS EXHIBIT "A," IN THE AMOUNT OF
$26,334,478.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2016 AND
ENDING SEPTEMBER 30, 2017 ("AMENDED BUDGET"), AS APPROVED BY THE
OMNI CRA'S BOARD OF COMMISSIONERS.
WHEREAS, pursuant to Part III, Chapter 163, Florida Statues, there was created by
action of Miami -Dade County, Florida ("County") and the City of Miami, Florida ("City"), the Omni
Redevelopment District Community Redevelopment Agency ("Omni CRA") within the limits of
the City; and
WHEREAS, Article VI, Paragraph 6.1 of the Interlocal Cooperation Agreement, dated
March 1, 2000, between the City, the Omni CRA, and the Southeast Overtown/Park West
Community Redevelopment Agency, as revised and amended, requires that the Omni CRA
submit its budget and related amendments, modifications, and alterations of projects to the City
for approval; and
WHEREAS, the Omni CRA's original Annual General Operating and Tax Increment
Fund Budget in the total amount of $27,105,271.00 for the Fiscal Year 2016-2017 (collectively,
"Original Budget") was approved by the Omni CRA's Board of Commissioners on September 9,
2016 pursuant to Resolution CRA-R-16-01282 and by the City Commission on September 20,
2016 pursuant to Resolution R-16-0441; and
WHEREAS, it is necessary to amend the Original Budget to reflect the amount of tax
increment funds actually owed in January 2017 by each taxing authority that contributes to the
Omni CRA's Redevelopment Trust Fund for the Fiscal Year 2016-2017; and
WHEREAS, the Omni CRA's Amended Tax Increment Fund and General Operating
Budget for the Fiscal Year 2016-2017 (collectively, "Amended Budget") was approved in the
amount of $26,334,478.00 by the Omni CRA's Board of Commissioners on April 19, 2017
pursuant to Resolution CRA-R-17-0023 to reflect that tax increment update; and
WHEREAS, the City Commission wishes to accept and approve the Omni CRA's
Amended Budget;
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 Amended Budget of the Omni CRA, attached and incorporated as
Exhibit "A", for the Fiscal Year commencing October 1, 2016 and ending September 30, 2017,
as approved by the Omni CRA's Board of Commissioners, is accepted and approved.
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
ndez, ity ttor ey 6/30/2017
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 vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.