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HomeMy WebLinkAboutCRA-2021-001-008 Revised_Budget_2020-2021.docxRESOLUTION NO. CRA 2021-001-008 A RESOLUTION OF THE CITY OF MIAMI GARDENS, FLORIDA, COMMUNITY REDEVELOPMENT AGENCY (“CRA”), ADOPTING A REVISED BUDGET FOR THE CITY OF MIAMI GARDENS CRA AND MAKING APPROPRIATIONS FOR THE FISCAL YEAR 2020- 2021. WHEREAS, the CRA wishes to adopt the revised Fiscal Year 2020-2021 Miami Gardens Redevelopment Agency Budget, and WHEREAS, the Interlocal Agreement with Miami-Dade County, Section III C, the City and County will limit tax increment funds to seventy-five percent (75%) and adjust the municipal tax increment revenue to $483,451.00, and WHEREAS, the Interlocal Agreement with Miami-Dade County, Section V, the MGCRA will contribute twenty-five (25%) to the Transportation Fund in support of the North Corridor Project of the Strategic Miami Area Rapid Transit Plan (SMART Plan), and WHEREAS, Staff recommends that the CRA Board adopt the revised Fiscal Year 2020- 2021 Miami Gardens Community Redevelopment Agency Budget, NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF MIAMI GARDENS, FLORIDA COMMUNITY REDEVELOPMENT AGENCY: Section 1: That the foregoing “WHEREAS” clauses are ratified and confirmed as being true and correct and are incorporated in this Resolution. Section 2: APPROVAL OF AMENDED BUDGET: The Community Redevelopment Agency of City of Miami Gardens hereby approves and adopts the revised Fiscal Year 2020-2021 Budget for the Miami Gardens District of the CRA as set forth in EXHIBIT “A.” Section 3: EFFECTIVE DATE: That this Resolution shall be in full force and effect immediately upon its passage and adoption. DocuSign Envelope ID: 9ED6C826-0B58-4392-8442-0F14B53CEB4A 2 CRA Resolution 2021-001-008 RESOLUTION: FY 2020-2021 MIAMI GARDENS DISTRICT OF THE CRA BUDGET. PASSED AND ADOPTED this 28th day of April, 2021 . ATTEST: MIAMI GARDENS, FLORIDA COMMUNITY REDEVELOPMENT AGENCY ________________________________ ________________________________ MARIO BATAILLE, BOARD SECRETARY RODNEY HARRIS, CHAIRPERSON PREPARED BY: SONJA KNIGHTON DICKENS, CITY ATTORNEY SPONSORED BY: CAMERON D. BENSON, CITY MANAGER Moved by: Board Member Leon Seconded by: Board Members Stephens VOTE: 7-0 Chairperson Rodney Harris Yes Vice Chairperson Mayor Reggie Leon Yes Board Member Shannon Campbell Yes Board Member Shannan Ighodaro Yes Board Member Linda Julien Yes Board Member Robert Stephens, III Yes Board Member Katrina Wilson Yes DocuSign Envelope ID: 9ED6C826-0B58-4392-8442-0F14B53CEB4A