HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #4354
Date: 06/14/2018
Commission Meeting Date: 06/14/2018
Requesting Department: Office of the City
Clerk
Sponsored By:
District Impacted: All
Type: Resolution
Subject: Direction to the Independent Auditor to Audit the OMNI CRA Budget
Purpose of Item:
<Insert Purpose of Item Here>
Background of Item:
<Insert Background Here>
Budget Impact Analysis
Item has NOT an Expenditure
Total Fiscal Impact:
Office of the City Attorney
City Commission
Legislative Division
Office of the City Attorney
Office of the Mayor
Office of the City Clerk
Office of the City Attorney
Office of the City Clerk
Barnaby L. Min
Nicole Ewan
Valentin J Alvarez
Barnaby L. Min
Mayor's Office
City Clerk's Office
Victoria Mendez
City Clerk's Office
Reviewed B
Attorney Review
Meeting
Legislative Division
Deputy Attorney Review
Signed by the Mayor
Completed
Completed
Completed
Completed
Completed
Signed and Attested by the City Clerk Completed
Approved Form and Correctness Completed
Rendered Completed
06/22/2018 10:15 AM
06/14/2018 9:00 AM
06/21/2018 4:32 PM
06/22/2018 10:15 AM
06/25/2018 3:24 PM
06/25/2018 3:34 PM
06/25/2018 5:05 PM
06/25/2018 5:13 PM
City of Miami
Legislation
Resolution
Enactment Number: R-18-0248
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 4354 Final Action Date:6/14/2018
A RESOLUTION OF THE MIAMI CITY COMMISSION DIRECTING THE
INDEPENDENT AUDITOR GENERAL ("IAG") TO CONDUCT AN AUDIT OF THE LAST
FIVE (5) YEARS OF BUDGETS, LIABILITIES, APPLICATIONS FOR LOANS, DEBTS,
AND ANY AND ALL OTHER FINANCIAL MATTERS AND DISCLOSURES OF THE
OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY;
FURTHER DIRECTING THE IAG TO PROVIDE THE RESULTS OF SUCH AUDIT TO
THE CITY COMMISSION; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, pursuant to Part III, Chapter 163, Florida Statutes, 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 Fiscal Year 2017-2018 Tax Increment Fund Budget ("Budget") of the
Omni CRA in the total amount of $53,387,872.00 was approved by the Omni CRA's Board of
Commissioners on July 27, 2017, pursuant to Resolution No. CRA-R-17-0043 and by the Miami
City Commission on September 19, 2017, pursuant to Resolution No. 17-0437; and
WHEREAS, as a matter of fiduciary due diligence during discussion of the proposed
amendment of the Omni CRA Budget, the Miami City Commission desires for the Independent
Auditor General ("IAG") to conduct an audit of the last five (5) years of budgets, liabilities,
applications for loans, debts, and any and all other financial matters and disclosures of the Omni
CRA;
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 IAG is hereby directed to conduct an audit of the last five (5) years of
budgets, liabilities, applications for loans, debts, and any and all other financial matters and
disclosures of the Omni CRA.
Section 3. The IAG is further directed to provide the results of such audit to the City
Commission.
Section 4. This Resolution shall become effective immediately upon its adoption and
signature by the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
ndez, City Attor ey 6/2572018
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.