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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #12456 Date: 08/18/2022 Commission Meeting Date: 09/22/2022 Requesting Department: Southeast Overtown/Park West CRA Sponsored By: District Impacted: All Type: Resolution Subject: Approve Annual Budget FY '23 - Southeast Overtown/Park West CRA Purpose of Item: A request for the City of Miami Board of Commissioners to approve the attached Resolution approving and adopting the 2023's proposed budget of the CRA for the fiscal year commencing October 1, 2022 ending September 30, 2023. Background of Item: N/A Budget Impact Analysis Item is NOT funded by Bonds Total Fiscal Impact: $92,443,744 Reviewed B Southeast Overtown/Park West CRA Review Completed 08/22/2022 11:33 AM Southeast Overtown/Park West CRA Office of Management and Budget Donovan Dawson Office of Management and Budget Marie Gouin City Manager's Office Natasha Colebrook -Williams 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 Arthur Noriega V Valentin J Alvarez Xavier Alban Nicole Ewan Nicole Ewan Mayor's Office City Clerk's Office James McQueen Miguel A Valentin Budget Analyst Review Budget Review Assistant City Manager Review City Manager Review Legislative Division Review ACA Review Approved Form and Correctness Meeting Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Department Head Finance Review Completed Completed 08/23/2022 12:55 PM Completed 08/23/2022 1:15 PM Completed 08/23/2022 1:21 PM Completed 08/23/2022 2:28 PM Completed 09/01/2022 1:43 PM Completed 09/12/2022 9:24 PM Skipped 09/22/2022 5:20 PM Completed 09/22/2022 5:05 PM 09/23/2022 2:21 PM 09/23/2022 2:27 PM City of Miami Legislation Resolution Enactment Number: R-22-0378 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12456 Final Action Date:9/22/2022 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING AND APPROVING THE 2023 ANNUAL BUDGET OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"), ATTACHED AND INCORPORATED AS EXHIBIT "A", IN THE TOTAL AMOUNT OF $92,443,744 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2022, AND ENDING SEPTEMBER 30, 2023. 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"), attached and incorporated as Exhibit "A," on September 22, 2022, for the Fiscal Year commencing October 1, 2022, and ending September 30, 2023, in the total amount of $92,443,744.00; and WHEREAS, the SEOPW CRA requests the acceptance and approval of the SEOPW CRA's Budget by the City Commission in the total amount of $92,443,744.00, attached and incorporated as Exhibit "A," for the Fiscal Year commencing October 1, 2022, and ending September 30, 2022; 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 approved by reference and incorporated as if fully set forth in this Section. Section 2. The SEOPW CRA's Budget in the total amount of $92,443,744.00, attached and incorporated as Exhibit "A," for the Fiscal Year commencing October 1, 2022, and ending September 30, 2023, is accepted and adopted. 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: