HomeMy WebLinkAboutR-24-0326City of Miami
Resolution R-24-0326
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 16532 Final Action Date: 9/7/2024
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 $73,650,407.00 FOR THE FISCAL YEAR COMMENCING OCTOBER 1,
2024, AND ENDING SEPTEMBER 30, 2025.
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 $73,650,407.00 for the fiscal year commencing October 1,
2024, and ending September 30, 2025 ("Budget"), attached and incorporated as Exhibit
"A", was approved by the Omni CRA's Board of Commissioners at its September 7, 2024
meeting pursuant to Resolution No. CRA-R-24-0054; 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, 2024,
and ending September 30, 2025, in the total amount of $73,650,407.00;
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, 2024, and ending September 30, 2025, in the
total amount of $73,650,407.00 is accepted and approved.
City of Miami Page 1 of 2 File ID: 16532 (Revision: A) Printed On: 8/5/2025
File ID: 16532 Enactment Number: R-24-0326
Section 3. The Executive Director is authorized' and directed to transmit a copy of the
FY 24-25 Budget to Miami -Dade County.
Section 4. This Resolution shall become effective immediately upon its adoption
and signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
ge Wy j ng III, C y tor -y 10/1/2024
1 The herein authorization is further subject to compliance with all legal requirements that may be
imposed, including but not limited to, those prescribed by applicable City Charter and City Code
provisions.
2 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: 16532 (Revision: A) Printed on: 8/5/2025