HomeMy WebLinkAboutR-18-0416City of Miami
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Legislation
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Resolution: R-18-0416
File Number: 4553
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 9/27/2018
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ACCEPTING AND APPROVING THE AMENDED BUDGET OF THE MIDTOWN
COMMUNITY REDEVELOPMENT AGENCY ("CRA"), ATTACHED AND
INCORPORATED AS EXHIBIT "A", IN THE AMOUNT OF $6,628,202.00 FOR
THE FISCAL YEAR COMMENCING OCTOBER 1, 2017 AND ENDING
SEPTEMBER 30, 2018, AS APPROVED BY THE CRA'S BOARD OF
COMMISSIONERS.
WHEREAS, the original 2017-2018 Fiscal Year ("Fiscal Year") budget for the Midtown
Community Redevelopment Agency ("Midtown CRA") was authorized by Resolution No. R-17-
0436 on September 19, 2017 in the amount of $6,628,404.00, attached and incorporated as
Exhibit "B" ("Original Budget"); and
WHEREAS, it is necessary to decrease the Original Budget by $202.00 to reflect the
actual tax increment funds received in the Fiscal Year in a total amount of $6,628,202.00; and
WHEREAS, the Board of Commissioners of the Midtown CRA adopted Resolution No.
MCRA -R-18-0001 approving and adopting the amended budget for the Fiscal Year in the
amount of $6,628,202.00, attached and incorporated as Exhibit "A" ("Amended Budget"); and
WHEREAS, the Board of Commissioners of the Midtown CRA requests the Miami City
Commission to approve and adopt the Midtown CRA's Amended Budget for the Fiscal Year;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
approved by reference and incorporated as if fully set forth in this Section.
Section 2. The Amended Budget of the Midtown CRA for the Fiscal Year is accepted
and approved.
Section 3. This Resolution shall become effective immediately upon its adoption.'
' The herein authorization is further subject to compliance with all requirements that may be imposed by
the City Attorney, including but not limited to, those prescribed by applicable City Charter and City Code
provisions.
City of Miami Page 1 of 2 File ID: 4553 (Revision: A) Printed On: 12/5/2018
File ID: 4553
APPROVED AS TO FORM AND CORRECTNESS:
1
ria ' ndez, Cify Attor iey 10/2312018
Enactment Number: R-18-0416
City of Miami Page 2 of 2 File ID: 4553 (Revision: A) Printed on: 12/5/2018