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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #9554 Date: 08/25/2021 Commission Meeting Date: 09/13/2021 Requesting Department: OMNI Community Redevelopment Agency Sponsored By: District Impacted: All Type: Resolution Subject: Approve Annual Budget FY '22 — Omni Community Redevelopment Agency Purpose of Item: OMNI CRA's 2020-2021 Proposed General Operating and Tax Increment Fund Budget Approval. Background of Item: It is recommended that the Miami City Commission approve the attached resolution of the Omni Redevelopment District Community Redevelopment Agency ("CRA"), with attachment(s), adopting the amended Omni CRA's General Operating Budget and Tax Increment Fund Budget, for the fiscal year commencing September 30, 2021, and ending October 1, 2022. Budget Impact Analysis Item is NOT Related to Revenue Item is NOT funded by Bonds Item has NOT an Expenditure Total Fiscal Impact: N/A Reviewed B OMNI Community Redevelopment Agency Review Completed 08/26/2021 11:24 AM Office of Management and Budget Office of Management and Budget City Manager's Office City Manager's Office Legislative Division City Manager's Office 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 Attorney Office of the City Clerk Donovan Dawson Leon P Michel Nzeribe Ihekwaba Natasha Colebrook -Williams Valentin J Alvarez Arthur Noriega V Xavier Alban Marta Gomez Nicole Ewan Mayor's Office City Clerk's Office Victoria Mendez City Clerk's Office Jason M. Walker Department Head Budget Analyst Review Budget Review Assistant City Manager Review Assistant City Manager Review Legislative Division Review City Manager Review ACA Review Deputy City Attorney Review Meeting Completed Completed Completed Completed Completed Completed Completed Skipped Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Approved Form and Correctness Completed Rendered Completed 08/26/2021 7:32 PM 08/26/2021 8:41 PM 09/01/2021 4:24 PM 09/01/2021 2:14 PM 09/01/2021 6:42 PM 09/01/2021 9:50 PM 09/01/2021 10:00 PM 09/01/2021 10:16 PM 09/13/2021 5:05 PM 09/23/2021 3:42 PM 09/23/2021 3:58 PM 10/14/2021 6:05 PM 10/14/2021 8:44 PM City of Miami Legislation Resolution Enactment Number: R-21-0361 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 9554 Final Action Date:9/13/2021 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING AND APPROVING THE ANNUAL GENERAL OPERATING AND TAX INCREMENT FUND BUDGET OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("OMNI CRA"), ATTACHED AND INCORPORATED AS EXHIBIT "A," IN THE TOTAL AMOUNT OF $66,531,544.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2021 AND ENDING SEPTEMBER 30, 2022. WHEREAS, pursuant to Part III, Chapter 163, Florida Statues, there was created by action of Miami -Dade County ("County") and the City of Miami ("City") the Omni Redevelopment District Community Redevelopment Agency ("Omni CRA") within the boundary limits of the City; and WHEREAS, Article VI, Paragraph 6.1 of the Interlocal Cooperation Agreement dated March 1, 2000 between the City, the County, 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 and the County for approval; and WHEREAS, the Omni CRA's Annual General Operating and Tax Increment Fund Budget in the total amount of $66,531,544.00 for the fiscal year commencing October 1, 2021 and ending September 30, 2022, attached and incorporated as Exhibit "A" ("Budget"), was approved by the Omni CRA's Board of Commissioners at its September 13, 2021 meeting; and WHEREAS, the Omni CRA requests the acceptance and approval of its Budget, attached and incorporated as Exhibit "A," for the fiscal year commencing October 1, 2021 and ending September 30, 2022 in the total amount of $66,531,544.00; 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 Budget of the Omni CRA, attached and incorporated as Exhibit "A," for the fiscal year commencing October 1, 2021 and ending September 30, 2022, in the total amount of $66,531,544.00 is accepted and approved. 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: ndez, City Httor 10/1472021