HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #6325
Date: 08/08/2019
Commission Meeting Date: 09/26/2019
Requesting Department: Southeast
Overtown/Park West CRA
Sponsored By:
District Impacted:
Type: Resolution
Subject: Approve Annual Budget FY '20 - Southeast Overtown/Park West
Purpose of Item:
A request for the City of Miami Board of Commissioners to approve the attached
Resolution approving and adopting the amended Tax Increment Fund and General
Operating Budget of the CRA for the fiscal year commencing October 1, 2019 ending
September 30, 2020.
Background of Item:
N/A
Budget Impact Analysis
Item is NOT Related to Revenue
Item is NOT funded by Bonds
Item has NOT an Expenditure
Total Fiscal Impact:
$66,273,241.00
Reviewed B
Southeast Overtown/Park West CRA
Review Completed 08/19/2019 8:38 AM
Southeast Overtown/Park West CRA
Office of Management and Budget Luis Hernandez -Torres
Office of Management and Budget Christopher M Rose
City Manager's Office Sandra Bridgeman
City Manager's Office
Legislative Division
Office of the City Attorney
City Commission
City Commission
Office of the Mayor
Office of the City Clerk
Legislative Division
Office of the City Attorney
Office of the City Attorney
Office of the City Clerk
Nikolas Pascual
Valentin J Alvarez
Barnaby L. Min
Nicole Ewan
Maricarmen Lopez
Mayor's Office
City Clerk's Office
Valentin J Alvarez
Barnaby L. Min
Victoria Mendez
City Clerk's Office
Miguel A Valentin
Miguel A Valentin
Budget Analyst Review
Budget Review
Assistant City Manager Review
City Manager Review
Legislative Division Review
Deputy Attorney Review
Meeting
Meeting
Signed by the Mayor
Department Head
Finance Review Completed
Completed 08/21/2019 3:06 PM
Completed 08/22/2019 6:38 AM
Completed 08/22/2019 11:50 PM
Completed 08/23/2019 11:48 AM
Completed 08/26/2019 2:18 PM
Completed 08/26/2019 2:31 PM
Completed 09/12/2019 5:05 PM
Completed 09/26/2019 5:05 PM
Completed 09/27/2019 7:17 PM
Signed and Attested by the City Clerk Completed
Legislative Division Review Completed
Deputy Attorney Review Completed
Approved Form and Correctness with Modification(s)
Rendered Completed
09/27/2019 7:21 PM
10/01/2019 9:31 PM
10/02/2019 6:35 AM
Completed
10/08/2019 7:28 AM
City of Miami
Legislation
Resolution
Enactment Number: R-19-0373
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 6325 Final Action Date:9/26/2019
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ACCEPTING AND ADOPTING THE ANNUAL GENERAL OPERATING AND
TAX INCREMENT FUND BUDGET OF THE SOUTHEAST OVERTOWN/PARK
WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"),
ATTACHED AND INCORPORATED AS COMPOSITE EXHIBIT "A", IN THE
AMOUNT OF $66,273,241.00, FOR THE FISCAL YEAR COMMENCING
OCTOBER 1, 2019 AND ENDING SEPTEMBER 30, 2020, SUBJECT TO FINAL
APPROVAL BY THE SEOPW CRA'S BOARD OF COMMISSIONERS.
WHEREAS, pursuant to Part III, Chapter 163, Florida Statutes, the Southeast
Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") was created within
the limits of the City of Miami ("City") by action of Miami -Dade County ("County") and the City;
and
WHEREAS, Article VI, paragraph 6.1(b) of the Interlocal Cooperation Agreement dated
March 1, 2000 between the City, the County, the SEOPW CRA, and the Omni Redevelopment
District Community Redevelopment Agency, as revised and amended, requires that the
SEOPW CRA submit its budget and related amendments, modifications, and alterations of
projects to the City Commission and to the Board of County Commissioners; and
WHEREAS, subject to the final approval by the SEOPW CRA Board of Commissioners
of SEOPW CRA's General Operating and Tax Increment Fund Budget ("Budget"), the SEOPW
CRA requests the acceptance and approval of the Budget by the City Commission for the Fiscal
Year commencing October 1, 2019 and ending September 30, 2020 in the amount of
$66,273,241.00, as attached and incorporated as Composite Exhibit "A";
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. Subject to final approval by the SEOPW CRA Board of Commissioners, the
SEOPW CRA's Fiscal Year 2019-2020 Budget in the amount of $66,273,241.00, attached and
incorporated as Composite Exhibit "A", for the Fiscal Year commencing October 1, 2019 and
ending September 30, 2020 is accepted and adopted by the City Commission.
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
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.
APPROVED AS TO FORM AND CORRECTNESS: