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HomeMy WebLinkAboutMCRA-R-17-0001Midtown Community Redevelopment Agency Legislation MCRA Resolution: MCRA-R-17-0001 Midtown CRA 1401 N. Miami Avenue Miami, FL 33136 www.miamicra.com File Number: 2769 Final Action Date: 9/19/2017 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE MIDTOWN COMMUNITY REDEVLEOPMENT AGENCY ("MIDTOWN CRA"), WITH ATTACHMENT(S), ACCEPTING AND ADOPTING THE MIDTOWN CRA'S AMENDED BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2016 AND ENDING SEPTEMBER 30, 2017; FURTHER DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF THE AMENDED BUDGET TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY. WHEREAS, the Board of Commissioners of the Midtown Community Redevelopment Agency ("Midtown CRA"), by Resolution No. MCRA-R-16-0002 passed and adopted on September 8, 2016, approved and adopted the Midtown CRA's Special Revenue Fund Budget for the fiscal year commencing October 1, 2016 and ending September 30, 2017; and WHEREAS, it is necessary to amend the budget to reflect the actual tax increment funds received in the 2016-2017 Fiscal Year; and WHEREAS, the Board of Commissioners wishes to approve and adopt the Midtown CRA's amended Budget for the fiscal year commencing October 1, 2016 and ending September 30, 2017; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE MIDTOWN COMMUNITY REDEVELOPMENT AGENCY 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 herein as if fully set forth in this Section. Section 2. The Board of Commissioners of the Midtown CRA hereby approve and adopt the amended Midtown CRA's General Operating Budget and Tax Increment Fund Budget for the Fiscal Year commencing October 1, 2016 and ending September 30, 2017. Section 3. The Executive Director is directed to transmit a copy of each amended budget to the City of Miami and Miami -Dade County. Section 4. This Resolution shall become effective immediately upon its adoption. City of Miami Page 1 of 2 File ID: 2769 (Revision:) Printed On: 8/26/2025 File ID: 2769 Enactment Number: MCRA-R-17-0001 APPROVED AS TO FORM AND CORRECTNESS: Barnaby I_. Min, Deputy City Attorney 8/4/2017 City of Miami Page 2 of 2 File ID: 2769 (Revision:) Printed on: 8/26/2025