HomeMy WebLinkAboutCRA-R-25-0047Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
CRA Resolution: CRA-R-25-0047
819 NW 2"d Ave
3rd Floor
Miami, FL 33136
www.seopwcra.com
File Number: 18125 Final Action Date:9/11/2025
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
("SEOPW CRA"), WITH ATTACHMENT(S), APPROVING AND ADOPTING THE
PROPOSED GENERAL OPERATING AND TAX INCREMENT FUND ("TIF")
BUDGET OF THE SEOPW CRA ("BUDGET"), ATTACHED AND
INCORPORATED HEREIN AS EXHIBIT "A," IN THE AMOUNT OF TWO
HUNDRED EIGHTY MILLION NINE HUNDRED NINETY-SEVEN THOUSAND SIX
HUNDRED NINETY-TWO DOLLARS AND ZERO CENTS ($280,997,692.00)
("FUNDS"), FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2025 AND
ENDING SEPTEMBER 30, 2026 ("FY 2025-2026"); FURTHER APPROVING THE
COMPENSATION OF THE EXECUTIVE DIRECTOR FOR FY 2025-2026;
FURTHER DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY
OF THE BUDGET TO THE CITY OF MIAMI ("CITY") AND MIAMI-DADE COUNTY
("COUNTY"); FURTHER REVISING AND RATIFYING THE AMENDMENT TO,
AND IMPLEMENTATION OF, THE SEOPW CRA'S EMPLOYEE HANDBOOK
("HANDBOOK"), IN SUBSTANTIALLY THE FORM ATTACHED AS EXHIBIT "B,"
EFFECTIVE OCTOBER 1ST, 2023; PROVIDING FOR THE INCORPORATION
OF RECITALS AND AN EFFECTIVE DATE.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW
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 2018 Updated Southeast Overtown/Park West Community Redevelopment
Plan ("Plan"); and
WHEREAS, as a prerequisite to carrying out redevelopment activities for the fiscal year
commencing October 1, 2025 and ending September 30, 2026 ("FY 2025-2026"), it is required that the
Board of Commissioners of the SEOPW CRA ("Board") approve and adopt the SEOPW CRA's annual
General Operating and Tax Increment Fund Budget ("Budget"), attached and incorporated herein as
Exhibit "A"; and
WHEREAS, pursuant to the Interlocal Agreement(s), a copy of the SEOPW CRA's annual
Budget is required to be transmitted to the City of Miami ("City") and Miami -Dade County ("County");
and
WHEREAS, all the expenses included in the SEOPW CRA's annual Budget are in accordance
with local and state law(s), Interlocal Agreement(s), and the Plan; and
WHEREAS, the Board wishes to approve and adopt the SEOPW CRA's annual Budget for FY
2025-2026, as set forth in Exhibit "A," in the amount of Two Hundred Eighty Million Nine Hundred
Ninety -Seven Thousand Six Hundred Ninety -Two Dollars and Zero Cents ($280,997,692.00); and
City of Miami Page 1 of 2 File ID: 18125 (Revision: A) Printed On: 9/29/2025
File ID: 18125 Enactment Number: CRA-R-25-0047
WHEREAS, the Board further wishes to revise and ratify the amendment to, and implementation
of, the SEOPW CRA's Employee Handbook ("Handbook"), in substantially the form attached as Exhibit
"B," effective October lst, 2023; and
WHEREAS, the Board finds that authorizing this Resolution would further the SEOPW CRA's
redevelopment goals and objectives;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated as fully set forth in this Section.
Section 2. The SEOPW CRA's annual Budget for FY 2025-2026, in the amount of Two
Hundred Eighty Million Nine Hundred Ninety -Seven Thousand Six Hundred Ninety -Two Dollars and
Zero Cents ($280,997,692.00), as set forth in Exhibit "A," is hereby approved and adopted.
Section 3. The Board hereby further approves the compensation of the Executive Director
for FY 2025-2026.
Section 4. The Executive Director is hereby directed to transmit a copy of the Budget to the
City and County, including any and all necessary documents, all in forms acceptable to Counsel.
Section 5. The Board hereby amends and ratifies the implementation of the SEOPW CRA's
Handbook, in substantially the form attached as Exhibit `B," effective October 1st, 2023.
Section 6. Sections of this Resolution may be renumbered or re -lettered and corrections of
typographical errors which do not affect the intent may be authorized by the Executive Director, or the
Executive Director's designee, without need of public hearing, by filing a corrected copy of same with the
City Clerk.
Section 7. This Resolution shall become effective immediately upon its adoption and
signature of the City Mayor.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
ounsel 9/4/2025
City of Miami Page 2 of 2 File ID: 18125 (Revision: A) Printed on: 9/29/2025