HomeMy WebLinkAboutR-20-0275City of Miami
Resolution R-20-0275
Legislation
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.
City of Miami Page 1 of 2 File ID: 7793 (Revision:) Printed On: 5/6/2025
File ID: 7793 Enactment Number: R-20-0275
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 8/3172020
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: 7793 (Revision:) Printed on: 5/6/2025