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Home My Public Portal About2022-18 - FY 2022 OCRA budget approvalSponsored by Interim City Manager ORDINANCE NO. 2022-18 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF OPA-LOCKA, FLORIDA, APPROVING AND ADOPTING THE OPA-LOCKA COMMUNITY REDEVELOPMENT AGENCY'S PROPOSED GENERAL OPERATING AND TAX INCREMENT FUND BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2021 AND ENDING SEPTEMBER 30, 2022, AS SET FORTH IN EXHIBIT "A"; DIRECTING THE EXECUTIVE DIRECTOR OR DESIGNEE TO TRANSMIT A COPY OF SAID BUDGET TO MIAMI-DADE COUNTY; PROVIDING FOR INCORPORATION OF RECITALS; PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICT AND REPEALER; PROVIDING FOR SCRIVENER'S ERRORS; PROVIDING FOR AN EFFECTIVE DATE WHEREAS, the Interlocal Agreement (the "Agreement") by and among the Opa- Locka Community Redevelopment Agency ("OCRA"), the City of Opa-Locka (the "City"), and Miami -Dade County (the "County") requires, among other things, the OCRA to annually adopt and transmit a budget and annual report to the City and County for review and approval by the City Commission and Board of County Commissioners, respectively; and WHEREAS, as a prerequisite to carrying out redevelopment activities for the fiscal year commencing October 1, 2021 and ending September 30, 2022 ("FY 2021-2022"), it is required that the Opa-Locka CRA's Board approve and adopt the annual General Operating and Tax Increment Fund Budget ("Budget"), attached and incorporated as Exhibit "A'; and WHEREAS, pursuant to Interlocal Agreements a copy of the Opa-Locka CRA's budget is required to be transmitted to Miami -Dade County; and WHEREAS, all the expenses included in the Budget are in accordance with state law, the Interlocal Agreement, and the Agency's Redevelopment Plan; and WHEREAS, the Opa-Locka Code of Ordinances, Article II, Section 2.61 (c) states: "When action to be taken by resolution or ordinance. All actions of the commission may be taken by resolution or ordinance except that any action of the commission which provides for raising revenue, appropriating funds or incurring indebtedness, or which provide a penalty or establishes a rule or regulation for the violation of which a penalty is imposed, shall be by ordinance, and except that approval of purely administrative matters may be accomplished by motion duly adopted and recorded in the minutes of the meeting. Whenever action cannot be taken because the vote of the commission has Resolution No. 2022-18 resulted in a tie, the status quo shall continue in effect and the proposed ordinance, resolution or motion that produced the tie vote shall be removed from the agenda without prejudice to its reintroduction on a de novo basis at a later time"; and WHEREAS, the City Commission of the City of Opa-Locka have considered the Opa- Locka CRA's Budget for FY2021-2022 and find that is in the best interest if the city to approve the budget as set forth in Exhibit "A". NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF OPA-LOCKA, AS FOLLOWS: SECTION 1. The recitals to the preamble herein are incorporated by reference. SECTION 2. AUTHORIZATION The City Commission of the City of Opa-Locka hereby approves and adopts the Opa- Locka Community Redevelopment Agency's Proposed General Operating and Tax Increment Fund Budget for the Fiscal Year Commencing October 1, 2021 and Ending September 30, 2022, as set forth in Exhibit "A". SECTION 3. INSTRUCTIONS TO EXECUTIVE DIRECTOR. The Executive Director of the Opa-Locka CRA or designee is directed to transmit a copy of said budget to Miami -Dade County and is authorized to take all action necessary to complete the approval process for the Fiscal Year 2021-2022 Budget with the county. All major changes to the Fiscal Year 2021-2022 Budget as approved herein, shall require OCRA Board approval. SECTION 4. SEVERABILITY. If any section, subsection, clause or provision of this Ordinance is declared invalid or unconstitutional by a court of competent jurisdiction, the remainder shall not be affected by such invalidity. SECTION 5. CONFLICT. All sections or parts of sections of the applicable City of Opa-Locka ordinances currently in place in conflict herewith are intended to be rescinded and repealed to the extent of such conflict. SECTION 6. SCRIVENER'S ERRORS. 2 Resolution No. 2022-18 Sections of this Ordinance may be renumbered or re -lettered and corrections of typographical errors which do not affect the intent may be authorized by the Interim City Manager following review by the Opa-Locka Community Redevelopment Agency Executive Director, or designee and City Attorney, without the need of a public hearing by filing a corrected copy of same with the Opa-Locka Community Redevelopment Agency Secretary and City Clerk. SECTION 6. EFFECTIVE DATE This Resolution shall take effect upon the adoption and is subject to the approval of the Governor or Governor's Designee. PASSED FIRST READING this 14th day of September, 2022. PASSED SECOND READING this 5th day of October, 2022. TEST: o f nna Flores, City Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY: Burnadette Norris- eeks, P.A. City Attorney Moved by: Commissioner Bass Veronica illiams, Mayor Seconded by: Commissioner Dominguez 3 Resolution No. 2022-18 VOTE: 5-0 Commissioner Dominguez YES Commissioner Bass YES Commissioner Davis YES Vice -Mayor Taylor YES Mayor Williams YES 4 City of Opa-Locka Agenda Cover Memo Department Director: Corion DeLaine Department Director Signature: _...---�.' City Manager: Darvin Williams CM Signature: Commission Meeting Date: 9-14-22 Item Type: (EnterXin box) Resolution Ordinance Other X Fiscal Impact: (EnterXin box) Yes No Ordinance Reading: (EnterXin box) 1St Reading 2nd Reading X X Public Hearing: (Enter X in box) Yes No Yes No X Funding Source: Account#: (Enter Fund & Dept) Ex: PTP Advertising Requirement: (EnterXin box) Yes No X Contract/P.O. Required: (EnterXin box) Yes No RFP/RFQ/Bi#: N/A X Strategic Plan Related (Enter X in box) Yes No Strategic Plan Priority Enhance Organizational Bus. & Economic Public Safety Quality of Education Qual. of Life & City Communcation Area: Strategic Plan Obj./Strategy: (list the specific objective/strategy this item will address) X • Dev MI 11111 Image • NI Sponsor Name City Manager Department: Opa-locka Community Redevelopment Agency City Manager Short Title: AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF OPA-LOCKA, FLORIDA, APPROVING AND ADOPTING THE OPA-LOCKA COMMUNITY REDEVELOPMENT AGENCY'S PROPOSED GENERAL OPERATING AND TAX INCREMENT FUND BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2021 AND ENDING SEPTEMBER 30, 2022, AS SET FORTH IN EXHIBIT "A"; DIRECTING THE EXECUTIVE DIRECTOR OR DESIGNEE TO TRANSMIT A COPY OF SAID BUDGET TO MIAMI-DADE COUNTY; PROVIDING FOR INCORPORATION OF RECITALS; PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICT AND REPEALER; PROVIDING FOR SCRIVENER'S ERRORS; PROVIDING FOR AN EFFECTIVE DATE. Staff Summary: The Interlocal Agreement (the "Agreement") by and among the Opa-locka Community Redevelopment Agency ("OCRA"), the City of Opa-Iocka (the "City"), and Miami -Dade County (the "County") requires, among other things, the OCRA to annually adopt and transmit a budget and annual report to the City and County for review and approval by the City Commission and Board of County Commissioners, respectively. Proposed Action: Staff has recommended approval of this legislation. Attachment(s): Exhibit "A" — OCRA FY 2021-2022 Annual Budget RESOLUTION NO. 2322- A RESOLUTION OF THE OPA-LOCKA COMMUNITY REDEVELOPMENT AGENCY (OCRA), AMENDING THE OPA-LOCKA COMMUNITY REDEVELOPMENT AGENCY'S ANNUAL ADOPTED GENERAL OPERATING AND TAX INCREMENT FUND BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2021, AND ENDING SEPTEMBER 30, 2022, AS SET FORTH IN EXHIBIT "A"; PROVIDING FOR INCORPORATION OF RECITALS; PROVIDING FOR AN EFFECTIVE DATE WHEREAS, the Florida Statutes requires the Opa-Locks Redevelopment Agency ("OCRA") to adopt an annual budget; and WHEREAS, the 2I121- =annual budget includes an estimate of all revenue and expenditures for the year for theOpa-Locka Community Redevelopment Agency; and WHEREAS, Resolution No. 212110 . adopted the OCRA's Annual Genera[ Operating and Tax Increment Fund Budget for the Fiscal Year Commencing October 1, 2121 and ending September 30,2122("Budget"), was approved by the OCR A Board on September 29, 2021; and WHEREAS, Article 5.2 of the OCRA bylaws allows for the amendment of the Budget as may, from time to time, be necessary"; and WHEREAS, the OCRA Board desires to amend its 2021-2322 Fiscal Year General Operating and Tax Increment Fund Budget ("Budget"), as provided in Exhibit" A". NOW, THEREFORE, BE IT DULY RESOLVED BY THE BOARD OF THE OPA- LOCKA COMMUNITY REDEVELOPMENT AGENCY: SECTION 1, The recitals to the preamble herein are incorporated by reference. SECTION 2. AUTHORIZATION The Board of the Opa-Locka Community Redevelopment Agency hereby amends the Annual General Operating and Tax Increment Fund Budget for the Fiscal Year Commencing October 1, Z21and ending September 30, 2022, as provided in Exhibit" A". SECTION. EFFECTIVE DATE This Resolution shall take effect upon the adoption. OCRA-16 Resolution No. PASSED AND ADOPTED this ATTEST Kinsha nta I -la 1;-O-CRA Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY: Bt ihadette Norris - City Attorney VOTE: if S9 eeks, P.A. Board Member Taylor Board Member Bass Board Member Williams Board Member Dominguez Vice Chairman Davis Chairperson Russell day 4e, 2022. J/y%UY'1 �✓lt Jai nie Russell OCRA Chair Moved by Seconded by. (Yes) (Yes)^ (Yes) (Yes) (Yes) - (Yes) OCRA-17 (No)__ (No (No) (No) (No) (No) OCRA Budget Narrative FY -2021-22 I . History/Background of CRA The City of Opa-locka is considered as the crossroads of North Central Miami -Dade County. On December 10th, 2009, the City of Opa-locka's approved resolution R-09-7920 accepting quote from Carras Community Investment to conduct a Finding of Necessity (FON) report to establish a Community Redevelopment Agency (CRA). The FON was accepted and adopted by the Opa- locka City Commission on April 14, 2010, per resolution R -I0-8043, and on April 28, 2010, the City Commission approved resolution R-10-8054, the contract for the development of the Opa- locka Community Redevelopment Plan. This authorized the City of Opa-locka to proceed with the development of the Community Redevelopment Plan with Carras Community Investment. The Opa-locka Redevelopment Plan was completed by Carras Community Investment in May 2011. The Opa-locka City Commission adopted a resolution to create a Community Redevelopment Agency with the City Commission to serve as the CRA Board in addition to two Miami Dade County Commissioner appointees on June 8, 2011, per Resolution R-11-8238, and members were selected October 26, 2011. The Opa-Iocka CRA (OCRA) Board and City Commission approved the FON for the Opa-Iocka CRA in May 2012. The Miami -Dade County Board of County Commission (BCC) approved the FON for the Opa-Iocka CRA on December 4, 2012, per resolution R-996.12, which marks the official beginning of the Opa-Iocka CRA as on record with the Florida Department of Economic Opportunity (DEO). The Opa-Iocka Redevelopment Plan and the Interlocal Agreement were presented to the OCRA Board and the Miami Dade County BCC for consideration from June 2012 through September 2013. The Opa-Iocka Community Redevelopment Plan was approved by the Miami Dade County BCC on October 1st, 2013, per resolution R-795- 13 to address the redevelopment of the area declared as slum and blighted. The Interlocal Agreement was approved in October 2013. The OCRA completed its first year of operation in Fiscal Year 2013-14. 2. List of Board Members, Advisory Members, Executive Staff and Staff: The 2021-22 OCRA Board Members are: Mrs. Jannie Russell, Chairperson/District I -Appointed Board member Mr. Chris Davis, Vice chairman Ms. Veronica J. Williams, Board member Mr. John H. Taylor Jr, Board member Dr. Sherelean Bass, Board member Ms, Audrey Dominguez, Board member Vacant, District 2 -Appointed Board member OCRA-18 Staffing In 2015, Mr. Steve Shriver who served as the Opa-locka City Manager, was asked at the request of the OCRA BOD to also serving as Executive Director of the Opa-locka CRA. At the October 2015 OCRA meeting, Mr. Shriver appointed Mr. Gregory Gay, Director of Opa-locka Planning and Community Development Department to serve as the Manager of the Opa-locka CRA. This is not only a cost saving measure but also a method to streamline the operation of the Opa-locka CRA. Mr. John Pate who was the City Manager from 2018-2022 appointed Mr. Corion DeLaine, City and CRA Planner, to the role of Interim Manager to Relieve the PCD Director as the position became the Director of Development Services. The 2021-22 OCRA staff is comprises of: Darvin Williams, Interim City Manager 1 OCRA Executive Director April 2022 -Present Gregory Gay, PCD Director 1 Interim CRA Manager 1 April 2022 -Present Gerald Lee, PCD Zoning Official 1 OCRA Staff Member Kinshannta Hall, PCD Administrative Assistant 1 OCRA Secretary 3. Past Accomplishments FY 20-21: • Adopted the Downtown Opa-Iocka Masterplan • Launched its first CRA project — Commercial Facade Improvement Program. • Assisted the City in establishing with the standalone Historic Downtown Opa-locka District. • In collaboration with the Planning and Community development department, established the Opa-locka Innovation District overlay for the conversion and enhancement of an industrial area in the heart of the City. • As of November 2021, Downtown Opa-Iocka has been recognized as a Florida Main Street designee, Main Street Opa-Iocka. • Created the Special Projects and Events Advisory Committee to ensure public input for future CRA activities and initiatives. • In unison with the City of Opa-Iocka, established the first annual Conga-loca Hispanic Street Festival, Opa-Iocka Street Bazaar and Juneteenth Events • Established its first ever development assistance/Incentives Program List for future development • Garnered community partnerships with Amazon, the Opa-Iocka Flea Market, Chen Medical, 7/1 1 IU-Gas, Carrie P Meek Business Park and the Meek Foundation, etc. • Set the pace of development regarding City Owned lots within the Downtown for mixed use/mixed income development in the City's Core. OCRA-19 4. Projected Revenue and Expenditures a. Projected Revenue: breakdown • City Tax Increment Revenue: $884,270 • County Tax Increment Revenue: $419,193 b. Projected Expenditures: The list below contains project and programs that are indicated in Section B: Redevelopment Plan of the Opa-locka CRA Redevelopment Plan: Administrative Expenditures • Accounting & Audit $25,000 o The CRA will hire an independent auditor for the annual audit as required by state statutes. • Advertising & Notices $7,500 o Legal notice and advertisement for CRA Board, Annual Report, Special meetings, workshops and public information. • Local travel $5,000 • Other Administrative Expenses $108,308 o City Administrative Support -As per the 2013 Interlocal Agreement by Miami -Dade County BBC. o Other Administrative Expenses -Overhead expenses includes operating supplies, bank fees, postage, professional organizations membership dues, subscriptions to publications, communications and IT services. Specifically, this amount includes professional memberships fees for Florida Redevelopment Association, Florida Department of Economic Affairs, Publication to the Miami Herald [local media] South Floirda Business review and Daily Business Review. • County Admin Fee 1.5% $6,288 o Required County Fee at 1.5% of the County's tax increment contribution Operating Expenditures • Employee Salary & Fringe $161,610 o Operational personal cost for day-to-day operations and management of OCRA initiatives, grants, development and capital projects. The OCRA is currently funding • 1 FTE Interim CRA Manager @ 75% from TIF/25% from City • I FTE CRA Project Coordinator • 1 FTE CRA Secretary • Printing & Binding $3,599 o Cost associated with producing agendas/annual report and other documents required by the CRA Board. Also includes development packages, annual public meeting, colleterial materials, posters, banners, and other documents needed to provide overview of the City and CRA. • Marketing/Promotional Events/Positioning $100,000 OCRA-20 o Through promotional activities, the CRA will promote its initiatives and activities to new business and developers interested in doing business and applying for existing programs and incentives, specifically related to Historic Opa-locka Downtown Masterplan and District, the Opa-locka Innovative and Technology District, and other development areas. • Out of Town Travel $5,000 o Cost associated to presentations and meeting related to capital improvement projects and attendance to conferences to market CRA projects. • Conferences & Meetings $5,000 o Cost associated with the reregistration and possibly virtual attendance of the Florida Redevelopment Association Annual Conference for CRA staff and Board. • Legal Services/Court Cost $24,000 o Legal assistance for development agreements/legal issues and attendance at CRA Board meetings. The taw firm shall provide continuous services as general counsel and additional services consisting of representation of the CRA, • Professional Services $ 1 75,000 o Cost associated with consultants Updating the Opa-locka Redevelopment Plan, for the Historic Opa-locka Downtown District, Innovation and Technology District and other area of the CRA. Programs 1 Projects — Grants & Other • Development Assistance $1,000,000 • Farmers Market: (Objective 6 pg. 36) - $10,000 • Art in Public Places: (Objective I pg. 31/Objective 5 pg. 35) - $20,000 • Housing Initiatives: (Objective 3 pg. 44/ Objective 4 pg. 52) - $100,000 • Apprenticeship Training $100,000 • Commercial Grants: (Objective 2 pg. 55) $245,000 • Horne Ownership / Rental Assistance: (Objective 10 pg. 40) $200,000 Capital Projects - Infrastructure • Capital / Infrastructure Grants $585,000 • Facades $100,000 o Grant for Commercial Facade Improvement for property in the Historic Opa-locka District, Ali baba Avenue NW 22 Avenue and NW 27th Avenue. • Historic Building Renovations $ 150,000 o Funding for restoration of the Historic Fire station next to Historic City Hall • Parks Fence $60,000 OCRA-21 o Funding to match for the fencing grant for Sherbondy, Magnolia (Kaboom) and Ingram Parks • Streetscape $ 175,000 o Cost to fund landscaping improvement associated with street improvement within the CRA boundaries Park Amenities $100,000 o Cost for park improvements and play area covering amenities for parks within the CRA boundaries. Reserve/Contingency $178,257 • In anticipations of negative property values for FY 2021-22, $178,257 will be set aside to address CRA's mandate for funding for programs and capital project that will improve the TIF. OCRA-22 City of Opa•locka, Florida Community Redevelopment Agency • • -- ---ba..,...v„u.nC„L HL Current: Budget Proposed Adjustment Proposed Budget --.,.. REVENUE City Tax Increment Revenue 884,270 - 884,270 County Tax Increment Revenue 419,193 - 419,193 Carryover from prior year (cash & equiv.) 1,751,099 - 1,751,099 Interest Earnings - Mlsc, Revenue 10,000 10,000 (A) REVENUE TOTAI. 3,054,562 10,000 3,064,562 EXPENDITURES Ad ministrattv cenditures: ' Accounting & Audits 20,000 5,000 25,000 J Advertising& Notices 7,500 - 7,500 Local Travel 5,000 5,000 Other Admin. Exp (attach list) 60,246 48,052 108,308 County Adm in Fee 1.5% 6,288 - 6,288 (8) Subtotal Adm. Exp 94,034 58,062 152,096 Operating Expenditures: .r Employee Salary & Fringe 206,610 (45,000) 161,610 Printing & Binding 3,599 3,599 MarketIng/Promotlonal Events/Positioning 50,000 50,000 100,000 Out of Town Travel 5,000 - 5,000 Conferences & Meetings 2,000 3,000 5,000 Edcuatlon Other Oper. Expenses (attach list) - Lettal Services/Court Costs , 24000 - 24,000_ Professional Services 115,000 60,000 175,000 Ayprenticeshlp Training 100,000 100,000 Commercla( Grants 245000 245,000 Home 0wnershipliental Assistance 200,000 200000 Other Contracted Services ' CAPITAL. PROJECTS - Grants & Other Development Assistance 500,000 500,000 1,000,000 Carryover Budgeted Grants - - - Farmers Market - 10,000 10,000 Community Policing - Art In Public Places - 20,000 20,000 Housing Initiatives • 100,000 100,000 Carryover Budgeted Grants/Housing - CAPITAL PROJECTS - Infrastructure Capital Maintenance - Capital/infrastructure Grants 285,000 300,000 585,000 Carryover Funds for eudgted Prof. (C) Subtotal Oper, Expenses - - - 1,187,610 1,546,599 2,734,203 (D) Reserve/Contingency 21,819 156,438 178,257 EXPENDITURE TOTAL S8+C+D) 1,303,463 1,761,099 3,064,562 \\'hddM\Eutliet\NEW•2010 pA\CRABudpt-BdsetAtnendreyAFy221,,y22BudgetAmendmentt2A•th,n22•tudiet 6/8/2012.1:22 Mt QO 3 ks Of June e. 21)22 City of Opaaocku, Florida Community Redevelopment Agency FY 22 - Budget Amendment i$2 Current Budget Proposed Adjustment Proposed Budget CAPITAL PROJECT$ 1 _ Facades 100,000 100,000 Historic Building Renovations 50,000 100,000 150,000 Parks Fence 60,000 - 60,000 Streetscape 75,000 100,000 175,000 Park Amenities 100,000 - 100,000 Carryover Funds Budgeted Pro]. - _ - Total Project Dollars: 285,000 300,000 585,000 YEAR-END CARRY-OVER 1,751,099 (1,751,098) - \4hdd=nkBudgeeWEW • 2020\CRA\c RA dget- Budgrt Amdrdmtntt\FY 22VYY 22 Budget Arntndmmi/U -e Wn 22 • budget Wtt/2077-2:27PM As OfJune B, 2021 City of Opa-Locke, Florida Community Redevelopment Agency FY 22 - Budget Amendment 02 Administrative Expenses Current Budget Proposed Adjustment Proposed Budget Administrative Overhead 11,093 25S 11,348 Office Supplies 500 500 Occupancy 5,440 - 5,440 Salary & Benefits for Admin 24,000 45,000 69,000 Vehicle Maintenance - - - Operating Supplies: uniforms, etc _ - Offlce utilities/maintenance - _ - Insurance 6,988 (18) 6,970 Bank Fees - - - Postage/Fedex/Courier 100 100 Minutes Processing 10,000 - 10,000 Membership Dues 2,500 2,225 4,725 State Adntln Fee 225 - 225 Subscriptions - _ - Error Adjustment - Phone/Wifi/Surface - - - 'Grand Total 60,246 48,062 108,308 ViY+dde,\Budgd\FJEW • 2020\C1A\CRA Budget • Budget Amendmtnts\FY 22\FY 22 Budget AmendmentB2A-8Jun 22 •Admin Exp. B,a2.1RA PMr At Ot June 11, 2022 RESOLUTION NO. 2021-10 A RESOLUTION OF THE BOARD OF THE OPA-LOCKA COMMUNITY REDEVELOPEMENT AGENCY (OCRA), APPROVING AND ADOPTING THE OPA-LOCKA COMMUNITY REDEVELOPMENT AGENCY'S PROPOSED GENERAL OPERATING AND TAX INCREMENT FUND BUDGET FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2021 AND ENDING SEPTEMBER 30, 2022, AS SET FORTH IN EXHIBIT "A"; DIRECTING THE EXECUTIVE DIRECTOR TO TRANSMIT A COPY OF SAID BUDGET TO MIAMI-DADE COUNTY; PROVIDING FOR INCORPORATION OF RECITALS; PROVIDING FOR SEVBRABILITY; PROVIDING FOR CONFLICT AND REPEALER; PROVIDING FOR SCRIVENER'S ERRORS; PROVIDING FOR AN EFFECTIVE DATE WHEREAS, the Opa-locka Community Redevelopment Agency ("OCRA") is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the Opa-locka Redevelopment Plan ("Plan"); and WHEREAS, as a prerequisite to carrying out redevelopment activities for the fiscal year commencing October 1, 2020 and ending September 30, 2021 ("FY 2020.2021"), it is required that the Opa-locka CRA's Board approve and adopt the annual General Operating and Tax Increment Fund Budget ("Budget"), attached and incorporated as Exhibit "A'; and WHEREAS, pursuant to Interlocal Agreements a copy of the Opa-locka CRA's budget is required to be transmitted to Miami -Dade County; and WHEREAS, all the expenses included in the Budget are in accordance with state law, the Interlocal Agreement, and the Agency's Redevelopment Plan; and WHEREAS, the Opa-locka CRA Board wish to approve and adopt the Opa-locka CRA's Budget for FY2021-2022 as set forth in Exhibit "A". NOW, THEREFORE, BE IT DULY RESOLVED EY THE BOARD OF THE OPA- LOCKA COMMUNITY REDEVELOPMENT AGENCY: SECTION 1. The recitals to the preamble herein are incorporated by reference. OCRA-26 Resolution No. ,ZO21-10 SECTION 2. AUTHORIZATION The Board of the Opa-locka Community Redevelopment Agency hereby approves and adopts the Opa-locka Community Redevelopment Agency's Proposed General Operating and Tax Increment Fund Budget for the Fiscal Year Commencing October 1, 2021 and Ending September 30, 2022, as set forth in Exhibit "A". SECTION 3. INSTRUCTIONS TO EXECUTIVE DIRECTOR. The Executive Director is directed to transmit a copy of said budget to the City of Opa- locka and Miami -Dade County. SECTION 4. SEVERABILITY. If any section, subsection, clause or provision of this Resolution is declared invalid or unconstitutional by a court of competent jurisdiction, the remainder shall not be affected by such invalidity. SECTION 5. CONFLICT. All sections or parts of sections of the applicable City of Opa-locka resolution currently in place in conflict herewith are intended to be rescinded and repealed to the extent of such conflict. SECTION 6. SCRIVENER'S ERRORS Sections of this Resolution may be renumbered or re -lettered and corrections of typographical errors which do not affect the intent may be authorized by the Opa-locka Community Redevelopment Agency Executive Director, or designee, without need of public hearing, by filing a corrected copy of same with the Opa-locka Community Redevelopment Agency Secretary, SECTION 7. EFFECTIVE DATE This Resolution shall take effect upon the adoption and is subject to the approval of the Governor or Governor's Designee. OCRA-27 Resolution No. 21 - PASSED AND ADOPTED this day of P74 ATTEST: insha a Ha ; O RA Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY: Burnadette Norris- eks, P.A. OCRA Attorney Seconded by: VOTE: Board Member Taylor (Yes) Board Member Bass (Yes) Board Member Davis (Yes) Board Member Williams (Yes) Board Member Pigatt (Yes) Board Member Tydus (Yes) Chairperson Russell (Yes) OCRA-28 WAv4021. Zie Russe OCRA Chair movedby:W 11/ b1/1(04 t 4, (No) (No) (No) (No) (No) (N o) (No) Opa-locka CRA FY 22 Budget Review Below Is the budget analysis with the Current Budget as previously drafted for FY22 and the Proposed Amended Budget as the recommended alterations which is to be revised with Input from OCRA Board members. Please advise on any comments or revisions to be made. Current Budget Proposed Amended Budget Incr/ (Decr) Revenue 1,303,462 1,303,462 - Expenditures Compensation 103,596 170,610 67,014 Other professional services 150,000 74,000 (76,000) Audits 10,000 20,000 10,000 State/CountyAdmin Fees 6,513 6,513 - Marketing/Special Events - 35,000 35,000 Advertising - 7,500 7,500 Travel 2,000 5,000 3,000 Memberships 600 2,500 1,900 Education 800 2,000 1,200 Development Incentive/Assistance 750,000 750,000 - Streetscapes 75,000 75,000 - Park Amenities 100,000 175,000 75,000 Park Fences (Transfer out Safe Nelghb 60,000 60,000 - Historic Building Restoration' 250,000 250,000 - City Adm)n Fees (Cost Allocation) 22,045 23,758 1,713 Total Expenditure 1,530,554 1,656,881 126,327 Over/ (Under) (227,092) (353,419) (126,327) Fund Balance penIng Balance 1,751,099 1,751,099 - (Use Of)/ Addition To Fund Balance (227,092) (353,419) (126,327) Closing Balance 1,524,007 1,397,680 (126,327) Sincerely, Corson J. DeLaine, Interim OCRA Manager, Opa-locka Community Redevelopment Agency OCRA-29