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HomeMy WebLinkAboutCRA-R-22-0036I I `rr Omni CRA OMNI Community Redevelopment Agency Legislation OMNI CRA Resolution: CRA-R-22-0036 OMNI CRA 1401 N. Miami Avenue Miami, FL 33136 www.omnicra.com File Number: 12465 Final Action Date:9/22/2022 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE CRA'S PROPOSED GENERAL OPERATING BUDGET AND TAX INCREMENT FUND BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2022, AND ENDING SEPTEMBER 30, 2023; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF THE BUDGET TO THE CITY OF MIAMI AND MIAMI- DADE COUNTY. WHEREAS, the Omni Redevelopment District Community Redevelopment Agency ("CRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area; and WHEREAS, as a prerequisite to carrying out Fiscal Year 2022-2023 redevelopment activities, the Board of Commissioners must approve the CRA's proposed General Operating Budget and Tax Increment Fund Budget ("Budget") for the Fiscal Year commencing October 1, 2022, and ending September 30, 2023 ("Fiscal Year"); and WHEREAS, as part of the approval of the Fiscal Year Budget, the CRA hereby deobligates the unused portion of the funds allocated to Revran S Maharanie Lincoln for the property located at 175 NW 14th Street as previously authorized by CRA Resolution No. CRA- R-17-0033; and regarding the removal of the requirement for tables; and WHEREAS, the CRA's Budget is in the total amount of $80,460,567.00 for the Fiscal Year; and WHEREAS, as part of the Budget, the Executive Director of the CRA shall receive an annual salary of Two Hundred Thousand Dollars. This adjustment does not increase the total "Regular Salary" budget amount authorized for the previous year; and WHEREAS, a copy of the Budget is required to be transmitted to the City of Miami ("City") and Miami -Dade County ("County"); NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE OMNI REDEVELOPMENT DISTRICT 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 Executive Director's salary is adjusted to reflect an annual amount of Two Hundred Thousand Dollars as stated herein. City of Miami Page 1 of 2 File ID: 12465 (Revision:) Printed On: 9/9/2025 File ID: 12465 Enactment Number: CRA-R-22-0036 Section 3. The Budget for the Fiscal Year, attached and incorporated as Exhibit "A", is approved and adopted. Section 4. The Executive Director is directed to transmit a copy of the budget to the City and the County. Section 5. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: ndez, City ttor ey 8/19/2022 City of Miami Page 2 of 2 File ID: 12465 (Revision:) Printed on: 9/9/2025