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2016-29516 Reso RESOLUTION NO. 2016-29516 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE SEVENTH AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2015/16. WHEREAS, the final Capital Improvement Plan for FY 2015/16 — 2019/20 and the final Capital Budget for FY 2015/16 was adopted via Resolution 2015-29144 on September 30, 2015; and WHEREAS, the first amendment to the Miami Beach Capital Budget for FY 2015/16 was adopted on December 9, 2015 via Resolution No. 2015-29144; and WHEREAS, the second amendment to the Miami Beach Capital Budget for FY 2015/16 was adopted on January 13, 2016 via Resolution No. 2016-29262; and WHEREAS, the third amendment to the Miami Beach Capital Budget for FY 2015/16 was adopted on February 10, 2016 via Resolution No. 2016-29292; and WHEREAS, the fourth amendment to the Miami Beach Capital Budget for FY 2015/16 was adopted on April 13, 2016 via Resolution No. 2016-29361; and WHEREAS, the fifth amendment to the Miami Beach Capital Budget for FY 2015/16 was adopted on May 11, 2016 via Resolution No. 2016-29399; and WHEREAS, the sixth amendment to the Miami Beach Capital Budget for FY 2015/16 was adopted on June 8, 2016 via Resolution No. 2016-29436; and WHEREAS, Section 166.241(4)(c.), Florida Statutes, requires that a municipality's budget amendment must be adopted in the same manner as the original budget; and WHEREAS, the proposed amendment to the FY 2015/16 Capital Budget is included in "Attachment A— Source of Funds" and "Attachment B—Programs"; and WHEREAS, the City Administration recommends that FY 2015/16 Capital Budget be amended to add appropriations totaling $5,027,196 and re-align $203,180, as highlighted in "Attachment C— Projects"; and NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, that the Mayor and City Commission hereby adopt the Seventh Amendment to the Capital Budget for Fiscal Year 2015/16 as set forth in Attachment A (Source of Funds), Attachment B (Programs), and Attachment C (Projects). PASSED AND ADOPTED this 20th day of July, 2016. ATTEST: / / / / a7Pt, . , Philip Levine, Ma iqr' , !%' Raphael E. Granado, City Cl�erl olmusvapt% i `\ B EA 'o,# , '.• S \-,1/441 INCORP 'ORATCD: .•' c° E As.,.... 4,./, :y7 , APPROVED AS TO FORM & LANGUAGE &FOR EXECUTION aQ- i-- 7I( 4- (( C City Attorney Date ATTACHMENT A FY 2015/16 CAPITAL BUDGET • SOURCE OF FUNDS Amended 7/20/16 Amended Capital Amended Funding Source Budget 7/20/16 Revised Transportation Fund 3,300,000 3,300,000 Renewal& Replacement Fund 4,720,375 4,720,375 Art in Public Places 352,000 352,000 Parking Impact Fees 8,927,000 8,927,000 Concurrency Mitigation 5,377,934 5,377,934 Non TIF RDA (12,312,000) (12,312,000) Local Option Gas Tax 995,000 995,000 Half Cent Transit Surtax-County 401,066 401,066 Capital Projects Financed by Other 650,000 650,000 Pay-As-You-Go 1,667,644 1,667,644 SB Quality of Life Resort Tax Fund- 1% ,_ 2,678,000 1,881,190 4,559,190 MB Quality of Life Resort Tax Fund- 1% 1,235,000 1,235,000 NB Quality of Life Resort Tax Fund 1% 3,108,080 3,108,080 Parks & Recreation Beautification 1,714,383 1,714,383 RCP- 1996 15M GO Bond 104,175 104,175 2003 GO Bonds -Fire Safety 43,610 43,610 2003 GO Bonds - Parks & Beaches 278,026 278,026 2003 GO Bonds -Neighborhood Improvement 300,000 1,881,604 2,181,604 MDC CDT Interlocal-CDT/Resort Tax E lig ib (240,000) (240,000) South Pointe Capital 12,677,300 12,677,300 Future Water& Sewer /Line of Credit 14,819,795 14,819,795 Water& Sewer Impact Fees 97,000 97,000 Water and Sewer Bonds 200S 75,000 75,000 Future Stormwater/Line of Credit 10,473,296 806,402 11,279,698 Stormwater Bonds 60,266,296 458,000 60,724,296 Convention Center 2,500,000 2,500,000 RDA Anchor Shops Fund 46,000 46,000 Parking Operations Fund 4,255,416 4,255,416 Equipment Loan/Lease 5,110,000 5,110,000 Building Tech Capital Project 356,550 356,550 Capital Reserve 1,168,060 1,168,060 Miami-Dade County Bond 42,400,000 42,400,000 Proposed Parking Bonds 64,800,000 64,800,000 Proposed Future RDA Bonds 310,050,000 310,050,000 Proposed Future Resort Tax 1 Bonds 204,500,000 204,500,000 Proposed Future Water&Sewer Bonds 50,000,000 50,000,000 Total Appropriation as of 7/20/16 $ 806,895,006 $ 5,027,196 $ 811,922,202 ATTACHMENT B FY 2015/16 CAPITAL BUDGET PROGRAMS Amended 7/20/16 Amended Amended Program Area Capital Budget 7/20/16 Revised Art in Public Places $ 352,000 $ 352,000 Bridges $ 3,030,000 $ 3,030,000 Community Centers $ 50,000 $ 50,000 Convention Center $ 511,388,000 $ 511,388,000 . Environmental $ 110,000 458,000 $ 568,000 Equipment $ 5,479,000 $ 5,479,000 General Public Buildings $ 5,698,000 $ 5,698,000 Golf Courses $ - $ - Information Technology $ 206,550 $ 206,550 Lighting $ 1,677,000 $ 1,677,000 Monuments $ 350,000 $ 350,000 Parking $ - $ - Parking Garages $ 67,067,000 $ 67,067,000 Parking Lots $ 5,365,416 $ 5,365,416 Parks $ 7,576,414 $ 7,576,414 Renewal & Replacement $ 1,422,795 $ 1,422,795 Seawalls $ 10,026,894 $ 10,026,894 Streets/Sidewalk Imps $ 34,768,507 4,569,196 $ 39,337,703 Transit/Transportation $ 14,933,000 $ 14,933,000 Utilities $ 135,619,240 $ 135,619,240 Total Appropriation as of 7/20/16 $ 805,119,816 $ 5,027,196 $ 810,147,012 ATTACHMENT C CAPITAL BUDGET PROJECTS Amended 7/20/16 Capital Project Name Amended Amended Revised Capital Capital Budget 7/20/16 Budget Espanola Way conversion to Pedestrian Mall Project $ 264,000 1,881,190 $ 2,145,190 West Avenue/Bay Road Neighborhood $ 23,179,642 2,688,006 $ 25,867,648 City Wide Tidal Flooding Mitigation $ 2,544,588 458,000 $ 3,002,588 63rd Street Water Main $ 1,779,531 61,180 $ 1,840,711 Infiltration& Inflow Program Phase 1 $ 6,478,009 (61,180) $ 6,416,829 Cherkee Avenue Seawall $ - 140,000 $ 140,000 Flamingo Drive Seawall $ 322,487 (140,000) $ 182,487 Total Appropriation as of 7/20/16 $ 34,568,257 $ 5,027,196 $ 39,595,453 Resolutions - R7 A MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: July 20, 2016 5:01 p.m. Public Hearing SUBJECT: A RESOLUTION ADOPTING THE SEVENTH AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2015/16. RECOMMENDATION Adopt the Resolution. ANALYSIS Planning for capital improvements is an ongoing process; as needs change within the City, capital programs and priorities must be adjusted. The Capital Improvement Plan ("CIP") serves as the primary planning tool for systematically identifying, prioritizing and assigning funds to critical City capital development, improvements and associated needs. The City's capital improvement plan process begins in the spring when all departments are asked to prepare capital improvement updates and requests on the department's ongoing and 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 City Commission for adoption. The 2015/16 — 2019/20 Capital Improvement Plan and FY 2015/16 Capital Budget was adopted on September 30, 2015 by resolution 2015-29144. The First Amendment to the FY 2015/16 Capital Budget was approved on December 9, 2015 by resolution 2015-29220. The Second Amendment to the FY 2015/16 Capital Budget was approved on January 13, 2016 by resolution 2016-29262. • The Third Amendment to the FY 2015/16 Capital Budget was approved on February 10, 2016 by resolution 2016-29292. The Fourth Amendment to the FY 2015/16 Capital Budget was approved on April 13, 2016 by resolution 2016-29361. The Fifth Amendment to the FY 2015/16 Capital Budget was approved on May 11, 2016 by Page 14 of 216 resolution 2016-29399. The Sixth Amendment to the FY 2015/16 Capital Budget was approved on June 8, 2016 by resolution 2016-29436. Section 166.241(4)(c.), Florida Statutes, requires that a municipality's budget amendment must be adopted in the same manner as the original budget. Administration recommends adopting the resolution for the Sixth Amendment to the FY 2015/16 Capital Budget. SEVENTH AMENDMENT TO THE FY 2015/16 CAPITAL BUDGET The Seventh Amendment to the FY 2015/16 Capital Budget totals an increase of $5,027,196 in new appropriations and re-aligning of $203,180, in order to provide additional funding to the following capital projects. 1. Espanola Way Conversion: This amendment appropriates funds needed for the Espanola Way Conversion between Washington Avenue & Drexel Avenue. The conversion of Espanola Way into a Pedestrian Mall, includes the replacement of the watermain, drainage, landscaping and irrigation, street lighting, and hardscape. Funding is available for this project under the South Beach Quality of Life Fund — 305. Prior Years'Appropriations $264,000 July 20. 2016 Budget Amendment $1.881.190 Proposed Total Appropriations $2,145,190 2. West Avenue/Bay Road Neighborhood: This amendment is pursuant to Reso #2016-29453 approved at the June 8, 2016 Commission meeting approving and authorizing the Mayor and City Commission to execute Amendment No. 8 to the Design-Build Services Agreement between the City of Miami Beach, Florida, and Bergeron Land Development, Inc., related to the completion of roadway improvements along West Avenue, between 6th and 8th Streets, and 10th, 14th, and 17th Streets, West of Alton Road; said Amendment in the amount of$2,688,006 will be funded as follows: $806,402 from Stormwater Line of Credit Fund-429 $1,881,604 from available fund balance in Neighborhood GO Bond Fund- 384 Prior Years'Appropriations $23,179,642 July 20. 2016 Budget Amendment$2.688.006 Proposed Total Appropriations $25,867,648 3. City Wide Tidal Flooding Mitigation: This amendment is pursuant to Reso #2015-29239 approved at the December 9, 2015 Commission meeting approving and authorizing the Mayor and City Commission to execute Change Order No. 4 with Southern Underground Industries, Inc. for the implementation of the City's "Tidal Flooding Mitigation Project". This amendment provides the additional funding needed for this project in the amount of $458,000 from the Stormwater 2015Bond Series — Fund 432. Page 15 of 216 Prior Years'Appropriations $2,544,588 July 20, 2016 Budget Amendment$458,000 Proposed Total Appropriations $3,002,588 4. 63rd Street Water Main: This amendment is pursuant to Commission item on the July 13, 2016 Commission meeting agenda authorizing the Mayor and City Commission to execute a Change Order with David Mancini and Sons, Inc. for the 63rd Street Water Main Replacement project. This amendment provides the additional funding needed for this project in the amount of $61,180 through a transfer of available funds from the Infiltration & Inflow Program project in Water & Sewer Fund- 424. Prior Years'Appropriations $1,779,531 July 20, 2016 Budget Amendment $61,180 Proposed Total Appropriations $1,840,711 5. Cherokee Avenue Seawall: This amendment adds a new project to the Capital Improvements Plan for the Cherokee Avenue South End Seawall. Funding for this project is available through a transfer of available funds from the Flamingo Drive Seawall project in Neighborhoods GO Bond Fund-384. Prior Years'Appropriations $0 July 20, 2016 Budget Amendment$142,000 Proposed Total Appropriations $142,000 KEY INTENDED OUTCOMES SUPPORTED Ensure Expenditure Trends Are Sustainable Over The Long Term FINANCIAL INFORMATION The Seventh Amendment to the FY 2015/16 Capital Budget totals an increase of $5,027,196 in new appropriations and re-aligning of $203,180, in order to provide additional funding to aforementioned capital projects. Amount 1 $1,881,190 Account 1 305-2858 Amount 2 $806,402 Account 2 429-2336 Amount 3 $1,881,604 Account 3 384-2336 Amount 4 $458,000 Account 4 432-2454 Total $5,027,196 Legislative Tracking Budget & Performance Improvement Page 16 of 216 ATTACHMENTS: Description ❑ Resolution Page 17 of 216