Resolution No CRA 41-18-1082RESOLUTION NO. CRA 41-18-1082
A resolution authorizing a funding disbursement to Miami -Dade County
in the amount of $7,452.48 for the payment of 2018 property taxes and
storm water fees for SMCRA owned properties.
WHEREAS, during the 2018-2019 budget approval process, 'a total amount of
$40,000 was allocated for South Miami Community Redevelopment Agency (SMCRA)
property expenditures including Miami -Dade County property taxes and property liability
insurance; and
WHEREAS, the 2018 property taxes and storm water fees cumulatively equal
$7,452.48; and i
WHEREAS, this is the second year that the SMCRA incubator was converted into a
condominium association and the Agency continues to realize savings from the
condominium conversion; and
WHEREAS, this year the SMCRA is paying it's property taxes an storm water fees
early to take advantage of savings associated with paying early.
NOW THEREFORE BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SOUTH MIAMI, FLORIDA THAT:
Section 1. The South Miami Community Redevelopment Agency Board
authorizes a funding disbursement to Miami Dade County in the amount of $7,452.48 for
payment of the FY 2018 property taxes and storm water fees; and charging the total
amount to Account No. 610-1110-583-31-25-55 (Property Management Account).
Section 2. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this 15`hday of November, 2018.
ATTEST: APPROVED:
SECRETMIY CHAIRPERSON
Page 1 of 2
Res. No. CRA 41-18-1082
Board Voter-0
Chair Stoddard: Yea
Vice Chair Harris: Yea
READ AND OVED AS TO FORM: Member Welsh:Yea
Member Liebman: Ye
Member Gil: Yea
�. Member Jackson:,.Ye
NERA 1- COUNSEL
Member Kelly: Yea
Page 2 of 2
Agenda Rem No:Ba.
South Miami Community Redevelopment Agency Agenda Item Report
Meeting Date: November 15, 2018
Submitted by: Evan Fancher
Submitting Department: Community Redevelopment Agency
Rem Type: Resolution
Agenda Section: ADD -ON ITEM(S)
Subject:
A resolution authorizing a funding disbursement to Miami -Dade County in the amount
payment of 2018 property taxes and storm water fees for SMCRA owned properties.
Suggested Action:
Attachments:
Property Tax 2018-19.docx
$7,452.48 for the