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HomeMy WebLinkAboutResolution 2026-34285RESOLUTION NO. 2026-34285 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FOURTH AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2026 AS SET FORTH IN ATTACHMENTS A, "PROJECTS"; B, "SOURCE OF FUNDS"; AND C "PROGRAMS." WHEREAS, on September 30, 2025, the final Capital Improvement Plan (CIP) for Fiscal Years 2026 — 2030 and the final Capital Budget for FY 2026 was adopted via Resolution No. 2025-33948; and WHEREAS, on December 17, 2025, the First Amendment to the Capital Budget for FY 2026 was adopted via Resolution No. 2025-34040; and WHEREAS, on February 5, 2026, the Second Amendment to the Capital Budget for FY 2026 was adopted via Resolution No. 2026-34114; and WHEREAS, on February 25, 2026, the Third Amendment to the Capital Budget for FY 2026 was adopted via Resolution No. 2026-34148; and WHEREAS, it is recommended by the Administration that the FY 2026 Capital Budget be amended to re -align $629,536.32 between existing projects as highlighted in Attachments A, "Projects"; B, "Source of Funds"; and C, "Programs." NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that following a duly noticed public hearing on May 20, 2026, the Mayor and City Commission hereby adopt the Fourth Amendment to the Capital Budget for Fiscal Year 2026 as set forth in Attachments A, "Projects"; B, "Source of Funds"; and C, "Programs." PASSED AND ADOPTED this 20th day of May 2026. ATTEST: d MAY 2 6 2026 Steven Meiner, Mayor Rafael E. Granado, tity Clerk ps'•'•'••' •` 9�;'•., APPROVED AS TO FORM & LANGUAGE NEORP�'�"'`` '• & FOR EXECUTION OAAiED RCH• a� • ity Attomey Date A FY 2026 CAPITAL BUDGET PROJECTSATTACHMENT AMENDED , Amended Revised Capital Project Name FY 2026 Amended 5/20/2026 FY 2026 Capital Budget Capital Budget WASTEWATER STATIONS REHABILITATION (Project # 20619) $ 37,463,096.46 (551,536.32) $ 36,911,560.14 WATER MAIN REPLACEMENT-DADE BLVD (Project # 64132) 7,915,539.84 551,536.32 8,467,076.16 WATERWAY MARKERS & SIGNS (Project # 65422) 2,413,400.00 (78,000.00) 2,335,400.00 MB MOORING FIELD W 200 BUOYS DESIGN (Project # 65822) 383,000.00 78,000.00 461,000.00 Total $ i Note: 1.) $551,536.32 of funding will be transferred from the Wastewater Stations Rehabilitation project (#20619) to the following project: a. Water Main Replacement - Dade Boulevard (Project# 64132) - $551,536.32 2.) $78,000.00 of funding will be transferred from the Waterway Markers & Signs project (#65422) to the following project: a. Miami Beach Mooring Field W 200 Buoys Design (Project# 65822) - $78,000.00 SOURCEATTACHMENT B FY 2026 CAPITAL BUDGET OF AMENDED. Amended Funding Source FY 2026 Capital Budget Amended 5120/2026 Revised FY 2026 Capital Budget Transportation Fund 1,495,900.00 $ 1,495,900.00 Resiliency Fund 7,478,030,00 7,478,030.00 Capital Renewal & Replacement 6,938,384.00 6,938,384.00 Tree Preservatlon Trust Fund 110,000.00 110,000,00 North Beach Public Benefits 147,343.00 147,343.00 7th Street Garage 1.020,000,00 1,020,000.00 Art in Public Places 75,000.00 75,000.00 Fees In Lieu of Parking 2,022,197.00 2,022,197.00 Concurrency Management & Mobility Fee 1,258,773.00 1,258,773.00 Concurrency Mitigatlon Fund (1,399,900.00) (1,399,900,00) RDA City Center Renewal & Replacement 380,627.00 380,627.00 Local Option Gas Tax (800,000,00) (600,000.00) Half Cent Transit Surtax -County (157,000,00) (167,000.00) Capital Projects Financed By Other Funds 1,062,872.00 1,082,872.00 Pay As You Go • Capital Fund 31,910,398.00 31,910,398.00 Capital Reserve 4,900,928.00 4,900,928.00 Resort Tax - South Beach 2,335,336.00 2,336,330,00 Resort Tax- Mid Beach 3,170,115.00 3,170,115.00 Resort Tax • North Beach 3,488,264,00 3,488,264.00 2015 Resort Tax Revenue Bonds 2,613,883.00 2,813,583.00 RDA Series 2015A 1,004,788,00 1,004,788.00 City Center RDA Capital Fund 1,022,374.00 1,022,374.00 1999 GO Bonds Neighborhood Improvements 406.00 466.00 2003 GO Bonds Fire Safety 22,946.00 22,946.00 2003 GO Bonds Parks & Rec 13,011.00 13,011.00 2003 GO Bonds Neighborhoods (83,115.00) (83,115.00) South Pointe Capital 2,776.00 2,776.00 2019 GO Bonds — Neighborhoods & Infrastructure 76,748.00 76,748.00 2023A Art, Cultural, & Facilities GOB Tax -Exempt 1,845,789.00 1,845,789,00 2023E Art, Cultural, & Facilities GOB Taxable 400,000,00 400,000.00 2025 GO Bonds - Neighborhoods & Infrastructure $1,282,000.00 81,282,000.00 2025 Water & Sewer Bonds 584,798.54 584,796,54 Water & Sewer Capital Projects funded from Operations 18,124,757.48 - 18,124,767,46 2017 Water & Sewer Bonds 3,717,721.00 - 3,717,721.00 Water & Sewer Bond Series 2010 $35.00 838.00 Water & Sewer Impact Fees 353,777.00 353,777.00 Guff Broome 2008 5,227.00 • 5,227.00 2000 Water & Sewer Bonds 21,810,00 21,810.00 Stormwater Projects - MDC ILA 288,952,00 - 288,952.00 Storm Water Cspltsl not Bonds 1,297,300.00 1,297,300,00 Convention Center Operating Fund 11,308,739.00 11,300,739.00 Convention Center Renewal & Replacement 1,463,000.00 1,453,000.00 RDA Garages 500.000.00 - 500,000.00 Penn Garage Fund 900,000.00 - 900,000.00 RDA Collins Garage Operations 500,000.00 800,000.00 1988 Debt Service Construction 122,430.00 122,430,00 2010 Parking Bonds 545,935.00 545,938.00 2016 Parking Revenue Bonds 113,266.00 113,256.00 Parking Capital not Bonds 28,959,438,00 28,959,438.00 Fleet Management 9,687,800,00 9,587,800.00 Communications Totali 105,000.00 00 1 $ 1 105,000.00 $ 231,107,208.00 Note: 1.) $551,536.32 of funding will be transferred from the Wastewater Stations Rehabilitation project (#20619) to the following project: a. Water Main Replacement - Dade Boulevard (Project# 64132) - $551,536.32 2.) $78,000.00 of funding will be transferred from the Waterway Markers & Signs project (066422) to the following project: a. Miami Beach Mooring Field W 200 Buoys Design (Project# 65822) - $78,000.00 IFY 2026 CAPITAL BUDGET PROGRAMSATTACHMENT C Program Area Amended FY 2026 Capital Budget Amended 5/20/2026 Revised FYI 2026 Capital Budget Art in Public Places $ 75,000.00 $ - $ 75,000.00 Bridges 600,000.00 600,000.00 Community Centers 2,995,789.00 2,995,789.00 Convention Center 16,380,110.00 16,380,110.00 Cultural Services 400,000.00 400,000.00 Environmental 470,000.00 470,000.00 Equipment 12,910,291.00 12,910,291.00 General Public Buildings 30,995,860.00 30,995,860.00 Golf Courses 3,494,000.00 3,494,000.00 Monuments 133,000.00 133,000.00 Parking 12,093,236.00 12,093,236.00 Parks 27,764,840.00 27,764,840.00 Seawalls 7,140,348.40 7,140,348.40 Streets/Sidewalks/Streetscapes Improvements 65,305,163.00 65,305,163.00 Transit/ Transportation 21,653,773.00 21,653,773.00 Utilities 28,695,797.60 28,695,797.60 Note: 1.) $551,536.32 of funding will be transferred from the Wastewater Stations Rehabilitation project (#20619) to the following project: a. Water Main Replacement - Dade Boulevard (Project# 64132) - $551,536.32 2.) $78,000.00 of funding will be transferred from the Waterway Markers & Signs project (#65422) to the following project: a. Miami Beach Mooring Field W 200 Buoys Design (Project# 65822) - $78,000.00 Resolutions - R7 A MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor Steven Meiner and Members of the City Commission FROM: Eric Carpenter, City Manager DATE: May 20, 2026 2:00 p.m. Public Hearing TITLE: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FOURTH AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2026 AS SET FORTH IN ATTACHMENTS A, `PROJECTS"; B, `SOURCE OF FUNDS"; AND C "PROGRAMS." RECOMMENDATION The Administration recommends that the Mayor and City Commission adopt the attached Resolution. BACKGROUNWHISTORY Planning for capital improvements is an ongoing process; as needs change within the City of Miami Beach (the "City"), capital programs and priorities must be adjusted accordingly. The Capital Improvement Plan ("CIP") serves as the primary policy and planning tool for systematically identifying, prioritizing, and assigning funds to critical City capital improvement projects. The City's CIP and Capital Budget development process begins in the winter when all departments are asked to prepare updates and requests on their department's ongoing and new proposed capital projects. Individual departments prepare submittals identifying potential funding sources and requesting commitment of funds for their respective projects. The CIP is updated annually and submitted to the Mayor and City Commission for adoption. The Fiscal Years ("FY") 2026 — 2030 CIP and FY 2026 Capital Budget were adopted on September 30, 2025 by Resolution No. 2025-33948. The First Amendment to the FY 2026 Capital Budget was adopted on December 17, 2025 by Resolution No. 2025-34040. The Second Amendment to the FY 2026 Capital Budget was adopted on February 5, 2026 by Resolution No. 2026-34114. The Third Amendment to the FY 2026 Capital Budget was adopted on February 25, 2026 by Resolution No. 2026-34148. 851 of 1709 ANALYSIS FOURTH AMENDMENT TO THE FY 2026 CAPITAL BUDGET The proposed Fourth Amendment to the FY 2026 Capital Budget reflects the re -alignment of $629,536.32 from existing capital projects for the following capital projects: 1. Water Main Replacement — Dade Boulevard (#64132): Project W-45, as defined in the City's Water System Master Plan (October 2019), involves the complete replacement of the existing 20-inch Ductile Iron Pipe ("DIP") water main along Dade Boulevard, between North Michigan Avenue and 23rd Street, and the replacement of the existing 20-inch DIP water main and 8-inch gravity sewer pipe along 191h Street, between Alton Road and North Michigan Avenue. In addition, the project includes upgrades to expand flow capacity to meet anticipated growth and demand, improve pressure and flow within the water transmission and distribution systems, and enhance reliability by reducing the risk of service disruptions. The existing water main is approximately 50 years old, and the gravity sewer pipe was constructed in 1925. Both systems were prioritized in the Master Plan due to their high probability of failure and the significant consequences associated with such failures. City records confirm these assets have exceeded their design life and have shown signs of declining performance, including frequent leaks and structural failures. Additional funding is required to address higher -than -anticipated construction, engineering, and inspection costs, and to strengthen the project's contingency to accommodate any unforeseen expenses. This budget amendment will ensure the City can fully support the project's scope and advance the work without delay. Funding for this proposed amendment would come from the Series 2025 Water & Sewer Bonds Funds (Fund 417) which was previously appropriated to the following project that is no longer required due to additional federal grant funding from the U.S. Department of Housing and Urban Development that was received. Wastewater Stations Rehabilitation (#20619) - $551,536.32 Prior Appropriations $7,915,539.84 May 20, 2026 Budget Amendment 551,536.32 Proposed Total Appropriations $8,467,076.16 2. Miami Beach Mooring Field W 200 Buoys Design (#65822): The Miami Beach Mooring Field project was initiated in response to increasing unregulated vessel anchoring in the Sunset Harbour area. Over time, vessel density in this unregulated anchorage has created safety concerns, navigational hazards, and environmental impacts to seagrass beds and water quality. To proactively address these issues and better serve residents, businesses, the boating community, and other stakeholders, the City adopted Resolution No. 2019-30862 to explore the establishment of a public mooring field in the proximity of the Sunset Harbour Neighborhood. On February 25, 2026, the Mayor and City Commission directed the indefinite suspension of the Miami Beach Mooring Field and Waterway Markers and Signs projects through City Resolution No. 2026-34155. Prior to this direction, the City had been awarded a Florida Inland Navigation District ("FIND") grant on November 8, 2021 for Phase I design and permitting. The project was fully designed and actively progressing through the permitting process, and the grant funds were fully expended. 852 of 1709 Under FIND grant reimbursement requirements, Phase I costs are only eligible for reimbursement once a construction contract has been executed for the subsequent construction phase. Because the project has been suspended, no construction contract will be executed, and the City will be unable to recover the $78,000 in grant expenditures. As a result, additional funding is required to replace the $78,000 in non -reimbursable grant costs. This mid -year appropriation will ensure the City can properly account for the unreimbursed expenses stemming from the project's suspension and close out the Phase I grant in full compliance with FIND requirements. Funding for this proposed amendment would come from Capital Pay -As -You -Go Funds (Fund 302), which were previously appropriated to the following project, which was also suspended due to the approval of City Resolution No. 2026-34155 on February 25, 2026. • Waterway Markers & Signs (#65422) - $78,000.00 Prior Appropriations $383,000.00 May 20, 2026 Budget Amendment 78,000.00 Proposed Total Appropriations $461,000.00 FISCAL IMPACT STATEMENT See detailed information provided above Does this Ordinance require a Business Impact Estimate? (FOR ORDINANCES ONLY) If applicable, the Business Impact Estimate (BIE) was published on: See BIE at: https•//www. miamibeachfl.gov/city-hall/city-clerk/meeting-notices/ FINANCIAL INFORMATION See detailed information provided above CONCLUSION The City Administration recommends that the Mayor and City Commission adopt the Fourth Amendment to the Capital Budget for FY 2026 described herein and further detailed in Attachments A-C of the accompanying Resolution. EC/JDG/TOS Applicable Area Citywide Is this a "Residents Right to Know" item, Is this item related to a G.O. Bond pursuant to City Code Section 2-17? Project? 853 of 1709 Yes M Was this Agenda Item initially requested by a lobbyist which, as defined in Code Sec. 2-481, includes a principal engaged in lobbying? No If so, specify the name of lobbyist(s) and principal(s): Department Management and Budget Sponsor(s) Co-sponsor(s) Condensed Title 2:00 p.m. PH, Adopt 4th Amendment to the FY 2026 Capital Budget. OMB Previous Action (For City Clerk Use Only) 854 of 1709 FY ATTACHMENT A PROJECTS AMENDED r . Amended Revised Capital Project Name FY 2026 Amended 6/20/2026 FY 2026 Capital Budget Capital Budget WASTEWATER STATIONS REHABILITATION (Project # 20619) $ 37,463,096.46 (551,536.32) $ 36,911,560,14 'WATER MAIN REPLACEMENT-DADE BLVD (Project#64132) 7,915,539.84 551,536.32 8,467,076.16 WATERWAY MARKERS & SIGNS (Project # 65422) 2,413,400.00 (78,000.00) 2,335,400.00 MB MOORING FIELD W 200 BUOYS DESIGN (Project # 65822) 383,000.00 78,000.00 461,000.00 Total S r48,175,036.30 Note: 1.) $551,536.32 of funding will be transferred from the Wastewater Stations Rehabilitation project (#20619) to the following project: a. Water Main Replacement - Dade Boulevard (Project# 64132) - $551,536.32 2.) $78,000.00 of funding will be transferred from the Waterway Markers & Signs project (#65422) to the following project: a. Miami Beach Mooring Field W 200 Buoys Design (Project# 65822) - $78,000.00 855 of 1709 FY 2026 CAPITAL BUDGET AMENDEDATTACHMENT B SOURCE OF FUNDS . Amended Amended Funding Source FY 2026 5120/2026 Capital Budget Revised FY 2026 Ca ital Bud et Transportation Fund $ 1,495,900.00 $ 1,495,900.00 Resiliency Fund 7,478,030.00 7,478,030.00 Capital Renewal & Replacement 5,936,384.00 5,936,384.00 Tree Preservation Trust Fund 110,000.00 110,000.00 North Beach Public Benefits 147,343.00 147,343.00 7th Street Garage 1,020,000.00 1,020,000.00 Art in Public Places 75,000.00 75,000.00 Fees In Lieu of Parking 2,022,197.00 2,022,197.00 Concurrency Management & Mobility Fee 1.258.773.00 1,258,773.00 Concurrency Mitigation Fund (1,399,900.00) (1,399,900.00) RDA City Center Renewal & Replacement 360,627.00 360,627.00 Local Option Gas Tax (800.000.00) (800,000.00) Half Cent Transit Surtax -County (157,000.00) (157,000 00) Capital Projects Financed By Other Funds 1,062,872.00 1,062,872.00 Pay As You Go - Capital Fund 31.910.398.00 31,910,398.00 Capital Reserve 4,900,928.00 4,900,928.00 Resort Tax - South Beach 2,335,336.00 2,335,336.00 Resort Tax- Mid Beach 3,170,115.00 3,170,115.00 Resort Tax - North Beach 3,488,264.00 3,488,264.00 2015 Resort Tax Revenue Bonds 2,613,583.00 2.613.583.00 RDA Series 2015A 1,004,788.00 1,004, 788.00 City Center RDA Capital Fund 1.022.374.00 1,022,374.00 1999 GO Bonds Neighborhood Improvements 465.00 - 465.00 2003 GO Bonds Fire Safety 22.946.00 22.946.00 2003 GO Bonds Parks & Rec 13,011.00 13,011.00 2003 GO Bonds Neighborhoods (83,115.00) (83,115.00) South Pointe Capital 2,776.00 2,776.00 2019 GO Bonds — Neighborhoods & Infrastructure 76,748.00 76,748.00 2023AArt. Cultural, & Facilities GOB Tax -Exempt 1,845,789.00 1,845,789.00 20238 Art. Cultural, & Facilities GOB Taxable 400,000.00 400.D00.00 2025 GO Bonds - Neighborhoods & Infrastructure 81,282,000.00 81,282,000.00 2025 Water & Sewer Bonds 584,798.54 584,798.54 Water & Sewer Capital Projects funded from Operations 18,124,757.46 18.124.757.46 2017 Water & Sewer Bonds 3,717,721.00 3,717,721.00 Water & Sewer Bond Series 2010 835.00 835.00 Water & Sewer Impact Fees 353,777.00 353,777.00 Gulf Breeze 2006 5,227.00 5,227.00 2000 Water & Sewer Bonds 21,610.00 21,610.00 Stormwater Projects - MDC ILA 288.952.00 288,952.00 Storm Water Capital not Bonds 1,297,300.00 1,297,300.00 Convention Center Operating Fund 11,308,739.00 11,308,739,00 Convention Center Renewal & Replacement 1.453.000.00 1,453,000.00 RDA Gamom 500,000.00 500,000.00 Penn Garage Fund 900.000.00 900.000.00 RDA Collins Garage Operations 500•000•0 500.000.00 1988 Debt Service Construction 122,430.00 122,430.00 2010 Parking Bonds 545,935.00 545.935.00 2015 Parking Revenue Bonds 113,256.00 113,256.00 Parking Capital not Bonds 28,969,438.00 28,959,438.00 Fleet Management 9,587,800.00 9,587,800.00 Communications 105,000.00 105,000.00 Note: 1.) $551,536.32 of funding will be transferred from the Wastewater Stations Rehabilitation project (#20619) to the following project: a. Water Main Replacement - Dade Boulevard (Project# 64132) - $551,536.32 2.) $78,000.00 of funding will be transferred from the Waterway Markers & Signs project (065422) to the following project: a. Miami Beach Mooring Field W 200 Buoys Design (Project# 65822) - $78.000.00 856 of 1709 Program Area FY ATTACHMENT C PROGRAMS Amended Revised FY 2026 Amended 5/20/2026 FY 2026 Capital Budget Capital Budget AR in Public Places $ 75,000.00 $ - $ 75,000.00 Bridges 600,000.00 600,000.00 Community Centers 2,995,789.00 2,995,789.00 Convention Center 16,380,110.00 16,380,110.00 Cultural Services 400,000.00 400,000.00 Environmental 470,000.00 470,000.00 Equipment 12,910,291.00 12,910,291.00 General Public Buildings 30,995,860.00 30,995,860.00 Golf Courses 3,494,000.00 3,494,000.00 Monuments 133,000.00 133,000.00 Parking 12,093,236.00 12,093,236.00 Parks - 27,764,840.00 27,764,840.00 Seawalls 7,140, 348.40 7,140,348.40 Streets/Sidewalks/Streetscapes Improvements 65,305,163.00 65,305,163.00 Transit/ Transportation 21,653,773.00 21,653,773.00 Utilities 28,695,797.60 28,695,797.60 Note: 1.) $551,536.32 of funding will be transferred from the Wastewater Stations Rehabilitation project (#20619) to the following project: a. Water Main Replacement - Dade Boulevard (Project# 64132) - $551.536.32 2.) $78.000.00 of funding will be transferred from the Waterway Markers 8 Signs project (#65422) to the following project: a. Miami Beach Mooring Field W 200 Buoys Design (Project# 65822) - $78,000.00 857 of 1709