On July 13, 2004, the Board of County Commissioners adopted Resolution R-937-04, which approved the Finding of Necessity and established the North Miami Community Redevelopment Agency (NMCRA).
On June 7, 2005, the Board of County Commissioners adopted Resolution R-610-05 approving the Redevelopment Plan, the Interlocal Agreement, and the funding of the Plan when it enacted Ordinance No. 05-109, thus creating the Agency’s Trust Fund. The Interlocal Agreement between Miami-Dade County (County), the City of North Miami (City) and the North Miami Community Redevelopment Agency (NMCRA) requires, that the NMCRA refund the County’s Tax Increment Financing (TIF) payment for the redevelopment area west of Biscayne Boulevard and that the NMCRA is to submit for County approval an annual budget for the implementation of the Plan prior to expending any funds.
The City of North Miami City Council approved the Findings of Necessity, the CRA boundaries, and created the North Miami Community Redevelopment Agency in June 2004 by the passage of Resolution R-2004-3. The Community Redevelopment Agency approved the Redevelopment Plan, pursuant to the Redevelopment Act in March 2005, by Resolution R-3-2005-1. The City of North Miami approved the Redevelopment Plan in March 2005, by passing Resolution R-2005-15. The ﬁrst amendment to the Plan was adopted by the Board of County Commissioners (BCC) through Resolution No. R-1113-08, to incorporate the development and implementation of community policing initiatives and deﬁne affordable housing guidelines.
On September 20, 2016, the BCC approved the Ordinance extending the Trust Fund for another 29 years, with the 2016 NMCRA Plan Amendment and the 2nd Amendment to the Interlocal being approved at the December 6, 2016, meeting extending the life of the North Miami Community Redevelopment Agency to July 13, 2044.