HomeMy WebLinkAboutAgenda Item Summary Formy� AGENDA ITEM SUMMARY FORM
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Date: 08/08/2019 Requesting Department: Southeast
Overtown/Park West CRA
Commission Meeting Date: 09/26/2019 Sponsored By:
District Impacted:
Type: Resolution
Subject: Approve Annual Budaet FY '20 - Southeast Overtown/Park West
Purpose of Item:
A request for the City of Miami Board of Commissioners to approve the attached
Resolution approving and adopting the amended Tax Increment Fund and General
Operating Budget of the CRA for the fiscal year commencing October 1, 2019 ending
September 30, 2020.
Background of Item:
N/A
Budqet Impact Analvsis
Item is NOT Related to Revenue
Item is NOT funded by Bonds
Item has NO budget impact
Total Fiscal Impact:
$66,273,241.00
Reviewed By
Southeast Overtown/Park West CRA
Review Completed
08/19/2019 8:38 AM
Southeast Overtown/Park West CRA
Office of Management and Budget
Luis Hernandez -Torres
Office of Management and Budget
Christopher M Rose
City Manager's Office
Sandra Bridgeman
City Manager's Office
Nikolas Pascual
Legislative Division
Valentin J Alvarez
Office of the City Attorney
Barnaby L. Min
City Commission
Nicole Ewan
City Commission
Maricarmen Lopez
Office of the Mayor
Mayor's Office
Office of the City Clerk
City Clerk's Office
Legislative Division
Valentin J Alvarez
Office of the City Attorney
Barnaby L. Min
Office of the City Attorney
Victoria Mendez
Office of the City Clerk
City Clerk's Office
Miguel A Valentin
Department Head
Miguel A Valentin
Finance Review
Completed
Budget Analyst Review
Completed
08/21/2019 3:06 PM
Budget Review
Completed
08/22/2019 6:38 AM
Assistant City Manager Review
Completed
08/22/2019 11:50 PM
City Manager Review
Completed
08/23/2019 11:48 AM
Legislative Division Review
Completed
08/26/2019 2:18 PM
Deputy Attorney Review
Completed
08/26/2019 2:31 PM
Meeting
Completed
09/12/2019 5:05 PM
Meeting
Completed
09/26/2019 5:05 PM
Signed by the Mayor
Completed
09/27/2019 7:17 PM
Signed and Attested by the City Clerk Completed
09/27/2019 7:21 PM
Legislative Division Review
Completed
10/01/2019 9:31 PM
Deputy Attorney Review
Completed
10/02/2019 6:35 AM
Approved Form and Correctness with Modification(s)
Completed
Rendered
Completed
10/08/2019 7:28 AM
File Number: 6325
City of Miami
Legislation
Resolution
Enactment Number: R-19-0373
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date:9/26/2019
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ACCEPTING AND ADOPTING THE ANNUAL GENERAL OPERATING AND
TAX INCREMENT FUND BUDGET OF THE SOUTHEAST OVERTOWN/PARK
WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA"),
ATTACHED AND INCORPORATED AS COMPOSITE EXHIBIT "A", IN THE
AMOUNT OF $66,273,241.00, FOR THE FISCAL YEAR COMMENCING
OCTOBER 1, 2019 AND ENDING SEPTEMBER 30, 2020, SUBJECT TO FINAL
APPROVAL BY THE SEOPW CRA'S BOARD OF COMMISSIONERS.
WHEREAS, pursuant to Part III, Chapter 163, Florida Statutes, the Southeast
Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") was created within
the limits of the City of Miami ("City") by action of Miami -Dade County ("County") and the City;
and
WHEREAS, Article VI, paragraph 6.1(b) of the Interlocal Cooperation Agreement dated
March 1, 2000 between the City, the County, the SEOPW CRA, and the Omni Redevelopment
District Community Redevelopment Agency, as revised and amended, requires that the
SEOPW CRA submit its budget and related amendments, modifications, and alterations of
projects to the City Commission and to the Board of County Commissioners; and
WHEREAS, subject to the final approval by the SEOPW CRA Board of Commissioners
of SEOPW CRA's General Operating and Tax Increment Fund Budget ("Budget"), the SEOPW
CRA requests the acceptance and approval of the Budget by the City Commission for the Fiscal
Year commencing October 1, 2019 and ending September 30, 2020 in the amount of
$66,273,241.00, as attached and incorporated as Composite Exhibit "A";
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
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. Subject to final approval by the SEOPW CRA Board of Commissioners, the
SEOPW CRA's Fiscal Year 2019-2020 Budget in the amount of $66,273,241.00, attached and
incorporated as Composite Exhibit "A", for the Fiscal Year commencing October 1, 2019 and
ending September 30, 2020 is accepted and adopted by the City Commission.
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
' If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.