HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #7793
Date: 08/20/2020
Commission Meeting Date: 09/10/2020
Type:
Subject:
Requesting Department: Southeast
Overtown/Park West CRA
Sponsored By:
District Impacted: All
Resolution
Approve Annual Budget FY '21 - Southeast Overtown/Park West
Purpose of Item:
To approve and adopt the SEOPW CRA's Annual General Operating and Tax
Increment Fund Budget in the amount of $80,658,212.00 for the fiscal year commencing
October 1, 2020 and ending September 30, 2021
Background of Item:
N/A
Budget Impact Analysis
Item has NOT an Expenditure
Item is NOT Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
N/A
Reviewed B
Southeast Overtown/Park West CRA
Review Completed 08/20/2020 10:52 AM
Southeast Overtown/Park West CRA
Office of Management and Budget
Office of Management and Budget
City Manager's Office
City Manager's Office
Legislative Division
Office of the City Attorney
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Office of the City Clerk
Donovan Dawson
Christopher M Rose
Sandra Bridgeman
Arthur Noriega V
Valentin J Alvarez
Barnaby L. Min
Victoria Mendez
Nicole Ewan
Mayor's Office
City Clerk's Office
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
Approved Form and Correctness
Meeting
Unsigned by the Mayor
Department Head
Finance Review Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Signed and Attested by the City Clerk Completed
Rendered Completed
08/26/2020 11:26 PM
08/28/2020 9:24 AM
08/28/2020 11:48 AM
08/31/2020 11:41 AM
08/31/2020 11:56 AM
08/31/2020 2:29 PM
08/31/2020 8:16 PM
09/10/2020 5:05 PM
09/11/2020 7:14 PM
09/11/2020 7:28 PM
09/11/2020 7:28 PM
City of Miami
Legislation
Resolution
Enactment Number: R-20-0275
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 7793 Final Action Date:9/10/2020
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
$80,658,212.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2020 AND
ENDING SEPTEMBER 30, 2021.
WHEREAS, pursuant to Part III, Chapter 163, Florida Statutes, the Southeast
Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") was created within
the boundary 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, the Board of Commissioners of the SEOPW CRA approved the SEOPW
CRA's General Operating and Tax Increment Fund Budget ("Budget") on August 31, 2020 for
the Fiscal Year commencing October 1, 2020 and ending September 30, 2021 in the amount of
$80,658,212.00, as more particularly described in Composite Exhibit "A," attached and
incorporated; and
WHEREAS, the SEOPW CRA requests the acceptance and approval of the SEOPW
CRA's Budget by the City Commission for the Fiscal Year commencing October 1, 2020 and
ending September 30, 2021 in the amount of $80,658,212.00, as more particularly described in
Composite Exhibit "A," attached and incorporated;
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 SEOPW CRA's Budget in the amount of $80,658,212.00, attached and
incorporated as Composite Exhibit "A", for the Fiscal Year commencing October 1, 2020 and
ending September 30, 2021 is accepted and adopted by the City Commission.
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
ndez, City Attor ey 8/31/2020
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.