Loading...
HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #14652 Date: 09/15/2023 Commission Meeting Date: 09/28/2023 Type: Subject: Requesting Department: OMNI Community Redevelopment Agency Sponsored By: District Impacted: All Resolution Approve Annual Budget FY '24 — Omni Community Redevelopment Agency Purpose of Item: A request for the City of Miami Board of Commissioners to approve the attached Resolution approving and adopting 2024's proposed budget of the CRA for the fiscal year commencing October 1, 2023 ending September 30, 2024. Background of Item: N/A Budget Impact Analysis Item is NOT Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: Total Fiscal Impact: $ 62,699,229 Reviewed B OMNI Community Redevelopment Agency Review Completed 09/15/2023 9:36 AM Office of Management and Budget Donovan Dawson Office of Management and Budget Marie Gouin City Manager's Office Arthur Noriega V Legislative Division Valentin J Alvarez Office of the City Attorney Xavier Alban City Commission Maricarmen Lopez Office of the Mayor Mayor's Office Office of the City Clerk City Clerk's Office Legislative Division Valentin J Alvarez Office of the City Attorney Xavier Alban Office of the City Attorney Victoria Mendez Office of the City Clerk City Clerk's Office H. Bert Gonzalez Budget Analyst Review Budget Review City Manager Review Legislative Division Review ACA Review Meeting Department Head Completed Completed Completed Completed Completed Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Legislative Division Review Completed ACA Review Completed Approved Form and Correctness with Modification(s) Rendered Completed 09/18/2023 9:44 AM 09/18/2023 11:39 AM 09/19/2023 9:07 AM 09/19/2023 11:52 AM 09/19/2023 12:30 PM 09/28/2023 5:05 PM 09/29/2023 5:04 PM 09/29/2023 5:06 PM 10/03/2023 11:10 AM 10/06/2023 2:21 PM Completed 10/10/2023 2:14 PM City of Miami Legislation Resolution Enactment Number: R-23-0447 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14652 Final Action Date:9/28/2023 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 $62,699,229.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024. 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 $62,699,229.00 for the fiscal year commencing October 1, 2022, and ending September 30, 2023 ("Budget"), attached and incorporated as Exhibit "A," was approved by the Omni CRA's Board of Commissioners at its September 28, 2023 meeting pursuant to Resolution No. CRA-R-23-0041; 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, 2023, and ending September 30, 2024, in the total amount of $62,699,229.00; 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, 2023, and ending September 30, 2024, in the total amount of $62,699,229.00, 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: