HomeMy WebLinkAboutCRA-R-17-0008Southeast Overtown/Park West
Community Redevelopment Agency
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CRA Resolution: CRA-R-17-0008
File Number: 1853 Final Action Date:2/27/2017
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("CRA"),
WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S TAX
INCREMENT FUND AND GENERAL OPERATING BUDGET, FOR THE FISCAL
YEAR COMMENCING OCTOBER 1, 2016 AND ENDING SEPTEMBER 30, 2017;
DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF THE
AMENDED BUDGETS TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency
("CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida
Statutes, and is responsible for carrying out community redevelopment activities and projects
within its Redevelopment Area in accordance with the 2009 Southeast Overtown/Park West
Redevelopment Plan; and
WHEREAS, it is necessary to amend the budgets to reflect the amount of tax increment
funds actually owed in January 2017 by each taxing authority that contributes to the CRA's
Redevelopment Trust; and
WHEREAS, the Board of Commissioners wishes to approve and adopt the CRA's
Amended Tax Increment Fund and General Operating 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 SOUTHEAST OVERTOWN/PARK WEST 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 attached Amended Tax Increment Fund and General Operating Budget
for the Fiscal Year commencing October 1, 2016 and ending September 30, 2017 are approved
and adopted.
Section 3. The Executive Director is directed to transmit a copy of each budget to the
City of Miami and Miami -Dade County.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
City of Miami Page 1 of 2 File ID: 1853 (Revision:) Printed On: 8/29/2025
File ID: 1853 Enactment Number: CRA-R-17-0008
Renee Jadusongh, Staff Cuunsel 2/22/2017
City of Miami Page 2 of 2 File ID: 1853 (Revision:) Printed on: 8/29/2025