HomeMy WebLinkAboutCRA-R-20-0010Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
CRA Resolution: CRA-R-20-0010
819 NW 2"d Ave
3rd Floor
Miami, FL 33136
www.seopwcra.com
File Number: 7799 Final Action Date:8/31/2020
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY, WITH
ATTACHMENT(S), APPROVING AND ADOPTING THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY'S
PROPOSED GENERAL OPERATING AND TAX INCREMENT FUND BUDGET, IN
THE AMOUNT OF $80,658,213.00, FOR THE FISCAL YEAR COMMENCING
OCTOBER 1, 2020 AND ENDING SEPTEMBER 30, 2021 AS SET FORTH IN
EXHIBIT "A"; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY
OF SAID BUDGET TO THE CITY OF MIAMI AND MIAMI-DADE COUNTY.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency
("SEOPW CRA") 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 ("Plan"); and
WHEREAS, as a prerequisite to carrying out redevelopment activities for the fiscal year
commencing October 1, 2020 and ending September 30, 2021 ("FY 2020-2021"), it is required
that the SEOPW CRA's Board of Commissioners approve and adopt the annual General
Operating and Tax Increment Fund Budget ("Budget"), attached and incorporated as Exhibit
"A"; and
WHEREAS, pursuant to Interlocal Agreements, a copy of the SEOPW CRA's budget is
required to be transmitted to the City of Miami and Miami -Dade County; and
WHEREAS, all the expenses included in the Budget are in accordance with state law,
Interlocal Agreements, and the Plan; and
WHEREAS, the Budget contemplates an across-the-board adjustment in staff salaries
including the executive director. This adjustment does not increase the total "Regular Salaries"
budget amount authorized for the previous year; and
WHEREAS, the Board of Commissioners wish to approve and adopt the SEOPW CRA's
Budget for FY 2020-2021 as set forth in Exhibit "A", in the amount of $80,658,213.00;
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.
City of Miami Page 1 of 2 File ID: 7799 (Revision:) Printed On: 9/4/2025
File ID: 7799 Enactment Number: CRA-R-20-0010
Section 2. The Southeast Overtown/Park West Community Redevelopment Agency's
General Operating and Tax Increment Fund Budget, in the amount of $80,658,213.00, for the
fiscal year commencing October 1, 2020 and ending September 30, 2021, as set forth in Exhibit
"A", is hereby approved and adopted.
Section 3. The Executive Director is directed to transmit a copy of said 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:
fiver, Executive Director 8/21/2020
City of Miami Page 2 of 2 File ID: 7799 (Revision:) Printed on: 9/4/2025