HomeMy WebLinkAboutR-18-0248City of Miami
Resolution R-18-0248
Legislation
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.
City of Miami Page 1 of 2 File ID: 4354 (Revision:) Printed On: 4/1/2025
File ID: 4354 Enactment Number: R-18-0248
Section 4. This Resolution shall become effective immediately upon its adoption and
signature by the Mayor.
APPROVED AS TO FORM AND CORRECTNESS:
endez, City Httor6/25/2018
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.
City of Miami Page 2 of 2 File ID: 4354 (Revision:) Printed on: 4/1/2025