HomeMy WebLinkAboutMemo - Midtown CRAMIDTOWN REDEVELOPMENT DISTRICT
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: City Commission
From: Pieter A. Bockweg
Executive Director
BACKGROUND:
Date: September 9111, 2016
Subject: Midtown CRA's Proposed General
Operating Budget & Tax Increment
Fund Budget for Fiscal Year 2016-17
References:
Enclosures: Attachment and Legislation
It is recommended that the City of Miami Commission approve and adopt the attached Resolution, with
attachment(s), adopting the proposed Midtown CRA's General Operating Budget and Tax Increment Fund
Budget, for the Fiscal Year commencing October 1, 2016, and ending September 30, 2017, Which was
approved by Board of Commissioners of the Midtown Redevelopment District Community Redevelopment
Agency ("CRA") and further directing the Executive Director to transmit a copy of each budget to the City
of Miami and Miami -Dade County.
JUSTIFICATION:
The Interlocal Agreement requires the Midtown CRA to annually prepare a proposed budget and transmit
same to the City of Miami and Miami -Dade County.
This Resolution fulfills this requirement.