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HomeMy WebLinkAboutCRA-2023-001-012_-_Revised_2023_CRA_Budget_-_Adopted.docxRESOLUTION NO. CRA-2023-001-012 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI GARDENS, FLORIDA, APPROVING THE REVISED FISCAL YEAR 2023 ADOPTED MIAMI GARDENS COMMUNITY REDEVELOPMENT AGENCY BUDGET, AS SET FORTH IN EXHIBIT “A”; PROVIDING FOR ADOPTION OF REPRESENTATIONS; PROVIDING AN EFFECTIVE DATE. WHEREAS, Miami Gardens Community Redevelopment Agency Board approved the Proposed Fiscal Year 23 Budget on September 28, 2022, and WHEREAS, Miami Dade County requested a revision the Fiscal Year 2023 Adopted Budget to include the Fiscal Year 2022 Adopted Budget and Fiscal Year 2022 Actuals, and WHEREAS, Reflecting the Fiscal Year 2022 Adopted and Actual amounts, the revised total revenues for Fiscal Year 2023 is $4,125,122. WHEREAS, this revised total revenue amount includes a fund balance carryover from Fiscal Year 2022 of $2,181,698, and WHEREAS, Fiscal Year 2023 expenditures include administrative and Northern Corridor SMART Plan payments to Miami-Dade County, as the Interlocal Agreement outlines. WHEREAS, The remaining funds ($3,944,530) will be placed in reserves to support the future Miami Gardens Performing Arts Center, and WHEREAS, For Fiscal Year 2023, the Miami Gardens Community Redevelopment Agency will have a Revised Adopted Budget of $4,125,122, and WHEREAS, Staff recommends that the CRA Board approves the Revised Fiscal Year 2023 Adopted Miami Gardens Community Redevelopment Agency Budget, as set forth in Exhibit “A”, NOW THEREFORE, BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI GARDENS, AS FOLLOWS: Section 1. ADOPTION OF REPRESENTATIONS: The foregoing Whereas paragraphs are hereby ratified and confirmed as being true, and the same are hereby made a specific part of this Resolution. DocuSign Envelope ID: 770E7E06-A8B1-45FF-9E9D-010AD21B3332 Page 2 of 2 CRA Resolution No. 2023-001-012 Section 2. DESIGNATION: The Community Redevelopment Agency of the City of Miami Gardens hereby approves the Revised Fiscal Year 2023 Adopted Miami Gardens Community Redevelopment Agency Budget, as set forth in Exhibit “A”. Section 3. EFFECTIVE DATE: This Resolution shall take effect immediately upon its final passage. PASSED AND ADOPTED BY THE BOARD OF THE CITY OF MIAMI GARDENS COMMUNITY REDEVELOPMENT AGENCY AT ITS SPECIAL MEETING HELD ON SEPTEMBER 13, 2023. ________________________________ RODNEY HARRIS, CHAIR ATTEST: ________________________________ MARIO BATAILLE, CMC, CITY CLERK PREPARED BY: SONJA KNIGHTON DICKENS, CITY ATTORNEY SPONSORED BY: CAMERON BENSON, CITY MANAGER Moved by: Board Member Leon Seconded by: Board Member Campbell VOTE: 7-0 Chair Harris Yes Vice Chair Wilson Yes Board Member Campbell Yes Board Member Ighodaro Yes Board Member Julien Yes Board Member Leon Yes Board Member Stephens, III Yes DocuSign Envelope ID: 770E7E06-A8B1-45FF-9E9D-010AD21B3332