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LTC 290-2017 Report of Itemized Revenues and Expenditures of RDA City Center and South Pointe Park Quarter March 31, 2017
MIAMI BEAC H OFFICE OF THE CITY MANAGER NO. LTC # 290-2017 LETTER TO COMMISSION TO: Mayor Philip Levine and Members oft e City Comm. sion FROM: Jimmy L. Morales, City Manager DATE: June 2, 2017 SUBJECT: Report of the Itemized Revenues and Expenditures of the Miami Beach Redevelopment Agency's City Center District and the South Pointe (Pre- Termination Carry Forward Balances)for the Quarter Ended March 31, 2017. On July 15, 1998 the Chairman and Members of the Board of the Miami Beach Redevelopment Agency resolved that an itemized report of the revenues and expenditures of the Miami Beach Redevelopment Agency, with respect to each redevelopment area, would be made available to the Chairman and Members of the Board of the Miami Beach Redevelopment Agency at the end of each month. As of September 30, 2005, the South Pointe Redevelopment District ceased to be a redevelopment area within the Miami Beach Redevelopment Agency's jurisdiction. At that point, the City of Miami Beach assumed the responsibilities for the South Pointe Area. This report will continue to summarize the capital expenditures incurred for the South Pointe construction projects that have been appropriated as of September 30, 2005 and that are being paid from the remaining RDA South Pointe TIF balance. The attached material includes the following: Section A—South Pointe (Pre-Termination Carry Forward Balances) • Summary of Accrual Basis Transactions by Project and for the Fiscal Years Ended September 30, 1988 through 2015 and the Quarter Ended March 31, 2017 • Summary of Operating Activities for the Quarter Ended March 31, 2017 Section B—City Center District • Summary of Accrual Basis Transactions by Project and for the Fiscal Years Ended September 30, 1988 through 2015 and the Quarter Ended March 31, 2017 • Summary of Operating Activities for the Quarter Ended March 31, 2017 SOUTH POINTE (PRE-TERMINATION CARRY FORWARD BALANCES) FINANCIAL INFORMATION FOR THE QUARTER ENDED MARCH 31 , 2017 m MIAMIBEACH City of Miami Beach, 1700 Convention Center Drive,Miami Beach, Florida 33139,www.miamibeachfl.gov REDEVELOPMENT AGENCY MEMORANUM TO: Jimmy L. Morales, City Manager FROM: John Woodruff, Chief Financial Officer9014(ry DATE: June 2, 2017 SUBJECT: South Pointe Financial Information for the Quarter Ended March 31, 2017 At the July 15, 1998 Commission/Redevelopment Agency meeting a request was made for monthly financial information for the South Pointe Redevelopment District. As of September 30, 2005, the South Pointe Redevelopment District ceased to be a redevelopment area within the Miami Beach Redevelopment Agency's jurisdiction. However, this report will continue to summarize the capital expenditures incurred for the South Pointe construction projects that have been appropriated as of September 30, 2005 and that are being paid from the remaining RDA South Pointe TIF balance (pre-termination carry forward balances). The information has been compiled and is attached. Historical Financial Information The summary report included in the attached material reflects that during the period from October 1, 1987 through March 31, 2017 approximately $120,063,205 of revenues was received in the South Pointe Area. On the expenditure side, approximately $114,593,487 has been expended from October 1, 1987 through March 31, 2017. The cash balance as of March 31, 2017 is $6,067,596. This balance consisted of the following amounts: Cash Balance $ 6,067,596 $ 6,067,596 Beginning in October, 2014 the South Pointe Pre-Termination Financial Information report is presented on an accrual basis of accounting. Previous reports were presented on a cash basis of accounting. We are committed to providing excellent public service and safety to all who live, work, and play in our vibrant, tropical, historic community. Cash Flow Statement for the Quarter Ending March 31, 2017 Cash at October 1, 2016 $ 6,309,690 Net income (234,260) Change in accounts payable 1,525 Change in retainage payable (9,359) Cash at March 31, 2017 $ 6,067,596 Remainder of Page Intentionally Left Blank A JL jw/aw/as We are committed to providing excellent public service and safety to all who live, work, and play in our vibrant, tropical, historic community. SUMMARY OF TRANSACTIONS FOR THE QUARTER ENDED MARCH 31 , 2017 RDA-South Pointe Pre-Termination Balances Summary of Accrual Basis Transactions by Project Fiscal Years 1988 -2017 Quarter Ended Total Prior Years March 31,2017 Rev./Expenses REVENUES Tax increment-City $ 55,162,212 $ - $ 55,162,212 Tax increment-County 37,562,671 - 37,562,671 Tax increment(Interest)-County 26,627 - 26,627 Tax increment-Children's Trust 1,296,759 - 1,296,759 Bond proceeds 6,860,000 - 6,860,000 Cobb Partners-Closing Parcel 1,2 5,187,944 - 5,187,944 Marina rental income 3,169,547 - 3,169,547 Interest income 8,252,095 846 8,252,941 Loan from City 1,000,000 - 1,000,000 Grants (Fla. Inland Navig.;shoreline restore.) 350,000 - 350,000 Other Grants 5,000 - 5,000 St.sales tax(receipt-income for pmt.to St) 209,358 - 209,358 Daughters of Israel contrib.-reloc. Mikvah 28,000 - 28,000 Consulting fee refund-Rahn S. Beach 27,026 - 27,026 Olympus HIdg.-reimb. Portofino advertsg. 24,405 - 24,405 Mendelson environ. reimb./refund 10,000 - 10,000 Regosa Engineering refund-Marina 8,500 - 8,500 Portofino DRI Payment from Greenberg T. 121,531 - 121,531 Payment received from Greenberg T.for CMB 23,500 - 23,500 Payment received from Olympus Holdings, Inc. 96,276 - 96,276 Payment received from Marquesa, Inc. 2,000 - 2,000 Contribution from Continuum II for S. Pointe Park 200,000 - 200,000 Cost of asbestos remediation reimb.-Cobb 5,800 - 5,800 Miscellaneous income 8,267 - 8,267 Galbut&Galbut contrib.-reloc. Mikvah 3,500 - 3,500 Murano Two, Ltd-Cash Bond per Agreement 242,000 - 242,000 Other(void ck; IRS refund; prior year refund,etc) 179,341 - 179,341 Total Revenues $ 120,062,359 $ 846 $ 120,063,205 EXPENDITURES PROJECTS Cobb/Courts Land acquisition (9,444,065) - (9,444,065) Legal fees/costs (4,084,795) - (4,084,795) Professional services (886,620) - (886,620) Title insurance (300,000) - (300,000) Demolition (216,805) - (216,805) Appraisal (212,440) - (212,440) Board up/relocation (148,578) - (148,578) Site imprvmt/prep/lot clearg/envir. (589,543) - (589,543) Real estate tax (86,259) - (86,259) Construction (45,000) - (45,000) Utilities relocation (29,046) - (29,046) Adv.due develop. ('88);refund bid(89) (20,000) - (20,000) Misc. (321,519) - (321,519) Total Cobb/Courts (16,384,670) - (16,384,670) 1 RDA-South Pointe Pre-Termination Balances Summary of Accrual Basis Transactions by Project Fiscal Years 1988 -2017 Quarter Ended Total Prior Years March 31,2017 Rev./Expenses EXPENDITURES Continued Marina Construction costs (1,594,094) - (1,594,094) Submerged land lease (2,017,803) - (2,017,803) Legal costs (648,698) - (648,698) Professional services (467,017) - (467,017) Parking lot improvements (464,755) - (464,755) Pool&deck improvements (285,555) - (285,555) Shoreline restoration (212,526) - (212,526) Site improvements (80,883) - (80,883) Landscaping (80,448) - (80,448) Environmental (18,076) - (18,076) Miscellaneous (43,401) - (43,401) Total Marina (5,913,256) - (5,913,256) Portofino Legal costs/closing costs (1,926,558) - (1,926,558) Environmental cleanup (379,268) - (379,268) Appraisal costs (80,518) - (80,518) Professional services (580,992) - (580,992) Utility relocation (1,844,167) - (1,844,167) Advertising (52,594) - (52,594) Miscellaneous ('95 incl.$3k-temp svc) (15,784) - (15,784) Yacht Club Lease Agreement (1,284,101) - (1,284,101) Ad Valorem Property Tax-Yacht Club (74,588) - (74,588) Murano Garage Lease Agreement (1,149,437) - (1,149,437) Ad Valorem Property Tax-Murano (85,442) - (85,442) Murano(Marina Garage)Common Area Maintenance (93,247) - (93,247) Yacht Club Common Area Maintenance (37,893) - (37,893) Murano Grande Lease Agreement (1,844,357) - (1,844,357) Ad Valorem Property Tax-Murano Two (50,600) - (50,600) ICON Lease Agreement (2,585,476) - (2,585,476) Refund of Cash Bond (242,000) - (242,000) Mailing, printing (3,269) - (3,269) Total Portofino (12,330,291) - (12,330,291) South Pointe Streetscape/Park Construction costs (23,549,425) (17,567) (23,566,992) Legal costs (2,614,818) - (2,614,818) Professional services (11,812,241) - (11,812,241) Miscellaneous (467,677) - (467,677) Total South Pointe Streetscape/Park (38,444,161) (17,567) (38,461,728) SSDI Legal cost (117,435) - (117,435) Property Taxes SSDI North (92,371) - (92,371) Construction (6,222,118) - (6,222,118) Advance due to developer (15,017) - (15,017) Total SSDI (6,446,941) - (6,446,941) 2 RDA-South Pointe Pre-Termination Balances Summary of Accrual Basis Transactions by Project Fiscal Years 1988 -2017 Quarter Ended Total Prior Years March 31,2017 Rev./Expenses EXPENDITURES Continued Other Projects Fifth St. Beautification (300,000) - (300,000) Beach Colony(I'scape/stscape/site imprvmt) (80,912) - (80,912) Marriott (53,061) - (53,061) Washington Ave. (1,541,983) - (1,541,983) Washington Ave Surface Lot (280,790) - (280,790) Washington Avenue Dog Park (4,485) - (4,485) Design guidelines (43,708) - (43,708) MBTMA/Mobility (32,225) - (32,225) S. Pointe Zoning (20,819) - (20,819) South Pointe Pier (85,092) - (85,092) Alaska Baywalk (218,323) - (218,323) Victory/Community Gardens (174,477) - (174,477) Washington Park (50,590) - (50,590) Water/Sewer Pump Station Upgrade (1,064,020) - (1,064,020) Flamingo S. Bid A R.O.W. (402,639) - (402,639) Flamingo Neigh-Lummus (428,246) - (428,246) Flamingo 10g-6St ROW Improvement (36,267) - (36,267) Potamkin Project(5th&Alton) (318,525) - (318,525) Lummus Park (103,916) - (103,916) Wayfinding Project (177,081) - (177,081) Jewish Museum of Florida (500,000) - (500,000) MBCDC Loan-530 Meridian Bldg. (1,500,000) - (1,500,000) First Street Improvement Alton&Wash (5,927) - (5,927) 6th&Lenox Infrastructure Project (772,450) - (772,450) Beachwalk II Project (917,456) (12,629) (930,085) 54"Diameter Sewer Force (723,423) (204,910) (928,333) Miscellaneous (60,132) - (60,132) Total Other Projects (9,896,547) (217,539) (10,114,086) Total Projects (89,415,866) (235,106) (89,650,972) Remainder of Page Intentionally Left Blank 3 RDA-South Pointe Pre-Termination Balances Summary of Accrual Basis Transactions by Project Fiscal Years 1988 -2017 Quarter Ended Total Prior Years March 31,2017 Rev./Expenses EXPENDITURES Continued Administration Management Fees (3,942,700) - (3,942,700) Interlocal Agreement (1,716,010) - (1,716,010) Professional services (437,225) - (437,225) Sales tax (211,233) - (211,233) Legal costs (134,623) - (134,623) Bond costs (85,180) - (85,180) Outside Audit fees (98,275) - (98,275) Salaries (47,134) - (47,134) Other (42,196) - (42,196) Temporary staffing (47,695) - (47,695) Office supplies/postage/printing (63,291) - (63,291) TIF to County (22,523) - (22,523) Advertising&Promotion (22,029) - (22,029) Miscellaneous (193,201) - (193,201) Travel&entertainment (16,280) - (16,280) Furniture&fixtures (6,734) - (6,734) Dues&memberships (6,509) - (6,509) Net Premium/Discount on investment (20,187) - (20,187) Accrued interest on investments (290,834) - (290,834) Total Administrative (7,403,859) - (7,403,859) Debt Service/Loan Repayment (14,028,441) - (14,028,441) Miscellaneous Carner Mason settlement (946,163) - (946,163) City of Miami Beach(reimburse water main) (74,067) - (74,067) Miscellaneous (24,503) - (24,503) (1,044,733) - (1,044,733) Community Policing (2,465,482) - (2,465,482) Total expenditures (114,358,381) (235,106) (114,593,487) ENDING BALANCE $ 5,703,978 $ (234,260) $ 5,469,718 Remainder of Page Intentionally Left Blank 4 RDA-South Pointe Pre-Termination Balances Summary of Operating Activities Year-To-Date and For the Quarter Endin• March 31, 2017 Quarter Ended Year to date Account Account Description March 31,2017 expenditures 379-0820-061357-00-410-522-00-00-00-23330 Design-Capital Contracts $ - $ - 379-0820-069357-00-410-522-00-00-00-23330 Capital-Contracts 17,567 17,567 Total 23330 rwssprdaiv S Pointe Imp 17,567 17,567 379-0820-061357-26-410-556-00-00-00-25410 Design-Capital Contracts 12,629 12,629 379-0820-069357-26-410-556-00-00-00-25410 Capital-Contracts - - 379-0820-069351-26-410-556-00-00-00-25410 Capital-CMB Construction Mgt. - - Total 25410 BEACHWALK II 12,629 12,629 379-0810-069357-00-410-522-00-00-00-27340 Capital-Contracts - - Total 27340 RESTORATIVE TREE WELL T - - 379-0810-061357-00-410-561-00-00-00-27370 Design-Capital Contracts - - 379-0810-069357-00-410-561-00-00-00-27370 Capital-Contracts 204,910 204,910 Total 27370 54IN DIAMETER REDUNDANT 204,910 204,910 379-0950-069357-00-410-000-00-00-00-28110 Capital-Contracts - - 379-0950-069358-00-410-000-00-00-00-28110 Capital-Miscellaneous - - Total 28110 WASHINGTON AVE DOG PARK - - Total Expenditures $ 235,106 $ 235,106 Quarter Ended Year to date Account Account Description March 31,2017 Revenues 379-0000-361110-00-309-353-00-00-00- Interest on Investments $ - $ - 379-0000-361130-00-309-353-00-00-00- Interest-Repurchase Agreement 846 846 Total Revenues $ 846 $ 846 Total Revenues $ 846 Total Expenditures 235,106 Total Net Income $ (234,260) The Monthly Construction Projects update for active South Pointe Pre-Termination is located at http://www.m is m ibeachfl.gov/citycle rk/scro Il.aspx?i d=77106 Remainder of Page Intentionally Left Blank 5 CITY CENTER REDEVELOPMENT DISTRICT FINANCIAL INFORMATION FOR THE QUARTER ENDED MARCH 31 , 2017 CA_ MIAMI BEACH City of Miami Beach, 1700 Convention Center Drive,Miami Beach, Florida 33139,www.miamibeachfl.gov REDEVELOPMENT AGENCY MEMORANUM TO: Jimmy L. Morales, City Manager FROM: John Woodruff, Chief Financial Officer904( DATE: June 2, 2017 SUBJECT: City Center Redevelopment District Financial Information for the Quarter Ended March 31, 2017 At the July 15, 1998 Commission/Redevelopment Agency meeting a request was made for monthly financial information for the City Center Redevelopment District. The information has been compiled and is attached. Historical Financial Information The summary report included in the attached material, reflects that during the period from October 1, 1993 through March 31, 2017 approximately $1,236,605,039 of revenues were received in the City Center District of the Redevelopment Agency RDA"). Of the $ 1,236,605,039 revenues received, a total of $351,653,832 was from the issuance of Tax Increment Revenue and Revenue Refunding Bonds (Series 2015A and 2015B) on December 15, 2015. On the expenditure side, approximately $839,381,723 has been expended from October 1, 1993 through March 31, 2017. Of the $839,381,723 expended, a total of $56,288,825 was for expenditures related to RDA Convention Center project, $50,954,000 was payment to escrow for refunding of the outstanding bonds (Series 1998A, 2005A and 2005B) and $4,688,286 was cost of issuance of the bonds series 2015A and 2015B. The cash balance as of March 31, 2017 is approximately $397,768,305. This balance consisted of the following amounts: Cash Balance $ 395,735,836 Debt Service Reserves 2,031,969 Petty Cash 500 $ • 397,768,305 Beginning in October, 2014 the City Center Redevelopment District Financial Information report is presented on an accrual basis of accounting. Previous reports were presented on a cash basis of accounting. We are committed to providing excellent public service and safety to all who live, work, and play in our vibrant, tropical, historic community. Cash Flow Statement for the Quarter Ending March 31, 2017 Cash at October 1, 2016 386,143,009 Net income 17,302,761 Depreciation - Change in accounts receivable (13,851) Change in interest receivable 95,329 Change in prepaid expenses (984,000) Change in capital assets - proprietary (52,446) Change in due from other funds - Change in accounts payable (5,435,488) Change in retainage payable (726,228) Change in accrued expenses (125,182) Change in sales tax payable 31,970 Change in due to other funds 1,488,413 Change in deferred revenues 2,220 Change in access card deposit 41,798 Cash at March 31, 2017 $ 397,768,305 Remainder of Page Intentionally Left Blank JLM:jw/aw/as We are committed to providing excellent public service and safely to all who live, work, and play in our vibrant, tropical, historic community. SUMMARY OF TRANSACTIONS FOR THE QUARTER ENDED MARCH 31 , 2017 Redevelopment Agency -City Center/Historic Convention Village Summary of Accrual Basis Transactions by Project Fiscal Years 1994 -2017 Quarter Ended Total Prior Years March 31,2017 Rev/Expenses REVENUES Tax increment-County $ 215,507,202 $ 22,199,621 $ 237,706,823 Tax increment-City 221,510,995 27,132,384 248,643,379 Tax increment (Interest)-County 19,057 - 19,057 Tax increment-Children's Trust 17,430,282 2,511,086 19,941,368 Bond proceeds 108,779,453 - 108,779,453 Bond proceeds-Series 2015 322,095,000 - 322,095,000 Bond premium-Series 2015 29,558,832 - 29,558,832 Rental income 292,859 1 292,860 Anchor Garage receipts 44,993,013 1,958,625 46,951,638 Anchor Garage deposit card receipts 30,788 - 30,788 Anchor Shops rental income 11,123,515 617,590 11,741,105 Anchor Shops rental deposits 193,044 - 193,044 Pennsylvania Garage receipts 4,613,066 523,411 5,136,477 Pennsylvania Garage deposit card receipts 240 - 240 Pennsylvania Shops rental income 980,488 - 980,488 Pennsylvania Shops rental deposits 751,700 - 751,700 Legal settlement 100,000 - 100,000 Loews Facility Use/Usage Fee 145,462 - 145,462 Loews Ground Lease Receipts 8,240,984 - 8,240,984 Loews Hotel-exercise option 27,498,975 - 27,498,975 RDP Royal Palm Ground Lease Receipts 470,222 - 470,222 RDP Royal Palm-Sale of Land 12,562,278 - 12,562,278 New World Symphony Contribution 250,000 - 250,000 Interest income/Unrealized Gain/Loss Invest 23,673,067 1,236,096 24,909,163 Resort tax contributions 55,977,581 - 55,977,581 Cost of Issuance Proceeds-Series 2005 37,246,218 - 37,246,218 Bid deposits-hotels 375,000 - 375,000 Bid deposits-cinema 100,000 - 100,000 Loan from City 3,000,000 - 3,000,000 Line of credit from City 19,190,000 - 19,190,000 Cultural Campus 1,975,762 - 1,975,762 Transfers In(Reimbursement) - - - St.Moritz Hotel-refund/reimbursement 925,450 - 925,450 Reimbursements(GMCVB/RE taxes/Grants) 3,864,530 - 3,864,530 St.sales tax(receipt-income for pmt.to St) 2,371,561 - 2,371,561 Miami City Ballet-Capital 134,405 11,875 146,280 Miami City Ballet Lease/Maint 266,967 17,405 284,372 Anchor Garage insurance reimbursement 26,170 - 26,170 Real Estate taxes refund 299,056 - 299,056 Refund Due to/From 1,128,005 - 1,128,005 Refund-Loews-Water/Sewer Impact Fees 348,319 - 348,319 Refund-Police Salaries and Wages 844,503 - 844,503 Suspense Account - - - Miscellaneous/Prior Year Refunds&Voids 1,502,419 477 1,502,896 TOTAL REVENUES $ 1,180,396,468 $ 56,208,571 $ 1,236,605,039 EXPENDITURES Projects African-American Hotel Appraisal fees $ (4,200) $ - $ (4,200) Bid refund (50,000) - (50,000) Board up (50,995) - (50,995) Construction(soil remediation/tank) (9,800) - (9,800) Delivery (503) - (503) Electric service (422) - (422) Environmental clean up (161,613) - (161,613) Equipment rental (14,815) - (14,815) Fire alarm service (13,870) - (13,870) Hotel negotiation consultant (126,131) - (126,131) Land acquisition (10,592,060) - (10,592,060) Legal fees/costs (667,871) - (667,871) Lot clearing (16,924) - (16,924) Maintenance (48,173) - (48,173) Miscellaneous (309,495) - (309,495) Owner's representative fees&expenses (293,757) - (293,757) Postage,printing&mailing (4,153) - (4,153) Professional services (144,049) - (144,049) Public notice/advertisement (13,951) - (13,951) Refund of deposits (175,000) - (175,000) Reimbursements (15,799) - (15,799) Relocation (32,400) - (32,400) Security guard service (170,015) - (170,015) Title insurance (25,271) - (25,271) Travel&related expenses (2,159) - (2,159) Water/Sewer(impact fees) (25,240) - (25,240) Total African-American Hotel (12,968,666) - (12,968,666) 1 Redevelopment Agency -City Center/Historic Convention Village Summary of Accrual Basis Transactions by Project Fiscal Years 1994 -2017 (Continued) Quarter Ended Total Prior Years March 31,201.7 Rev/Expenses Convention Hotel Administrative fees (5,436) - (5,436) Appraisal fees (67,150) - (67,150) Bid refund (100,000) - (100,000) Bond costs (173,998) - (173,998) Building permit fees (172,451) - (172,451) Construction (33,265,118) - (33,265,118) (1,778) - (1,778) Demolition (47,361) - (47,361) Environmental clean up (19,556) - (19,556) Equipment rental (24,389) - (24,389) Fire alarm service (600) - (600) Hotel selection/study (263,357) - (263,357) Hotel negotiation consultant (723,112) - (723,112) Land acquisition (20,673,575) - (20,673,575) Legal fees/costs (1,026,811) - (1,026,811) Lot clearing (12,407) - (12,407) Maintenance (695) - (695) Miscellaneous (28,063) - (28,063) Owner's representative fee&expenses (1,218,615) - (1,218,615) Postage,printing&mailing (15,977) - (15,977) Professional services (275,568) - (275,568) Public notice/advertisement (5,996) - (5,996) Reimburse closing costs to C.M.B. (3,000,000) - (3,000,000) Reimbursements (27,902) - (27,902) Security guard service (26,563) - (26,563) Temporary staffing (3,000) - (3,000) Training,conferences&meetings (1,750) - (1,750) Travel&related expenses (25,800) - (25,800) Water/sewer service (308,979) - (308,979) Total Convention Hotel (61,516,007) - (61,516,007) Hotel Garage-Construction Administrative fees (26,248) - (26,248) Appraisal fees (24,913) - (24,913) Board up (9,763) - (9,763) Bond costs (37,442) - (37,442) Building permit fees (818) - (818) Construction draw (13,773,347) - (13,773,347) Delivery (230) - (230) Demolition (155,834) - (155,834) Electric service (1,554) (1,554) Equipment rental (360) - (360) Environmental (30,824) - (30,824) Land acquisition (3,312,947) - (3,312,947) Legal fees/costs (239,024) - (239,024) Maintenance (832) - (832) Miscellaneous (36,680) - (36,680) Owner's representative fee&expenses (311,094) - (311,094) Printing (6,915) - (6,915) Professional services (80,094) - (80,094) Public notice/advertisement (6,525) - (6,525) Reimbursement (10,759) - (10,759) Relocation (99,384) - (99,384) Security guard service (81,247) - (81,247) Water/sewer service (1,142) - (1,142) Total Hotel Garage (18,247,976) - (18,247,976) Movie Theater Project Appraisal fees (4,500) - (4,500) Bid refund (80,000) - (80,000) Delivery (476) - (476) Equipment rental (4,032) - (4,032) Legal fees (57,299) - (57,299) Miscellaneous (2,913) - (2,913) Professional services (14,380) - (14,380) Refund of deposit (10,000) - (10,000) Traffic parking study (8,600) - (8,600) Total South Beach Cinema (182,200) - (182,200) 2 Redevelopment Agency -City Center/Historic Convention Village Summary of Accrual Basis Transactions by Project Fiscal Years 1994 -2017 (Continued) Quarter Ended Total Prior Years March 31,2017 Rev/Expenses Lincoln Road Appraisal fees (5,000) - (5,000) Delivery (8) - (8) Equipment rental (11,900) - (11,900) Legal fees (10,827) - (10,827) Lot clearing (5,440) - (5,440) Lighting (60,805) - (60,805) Maintenance (195,588) - (195,588) Mscellaneous (582) - (582) Postage,printing&mailing (810) - (810) Professional services (99,553) - (99,553) Reimbursements (23,581) - (23,581) Revitalization (960,522) - (960,522) Repayment of Loan (21,776,959) - (21,776,959) Temporary staffing (66,158) - (66,158) Training,conferences&meetings (1,518) - (1,518) Travel&related expenses (771) - (771) Total Lincoln Road (23,220,022) - (23,220,022) Beachwalk Environmental (5,400) - (5,400) Mscellaneous (212,613) - (212,613) Professional services (5,015,698) - (5,015,698) Total Beachwalk (5,233,711) - (5,233,711) Convention Center Convention Center Hotel (432,858) - (432,858) Convention Center Improvement (43,080,619) (12,775,348) (55,855,967) Total Convention Center (43,513,477) (12,775,348) (56,288,825) Collins Park Cultural Center Appraisal fees (24,605) - (24,605) Environmental (137,515) - (137,515) Land acquisition (6,661,982) - (6,661,982) Construction (7,814,087) - (7,814,087) Legal fees (768,507) - (768,507) Miscellaneous (156,498) - (156,498) Professional services (1,242,704) - (1,242,704) Streetscape (401,312) - (401,312) Utilities (110,168) - (110,168) Children's Feature (7,200) - (7,200) Total Cultural Campus (17,324,578) - (17,324,578) Remainder of Page Intentionally Left Blank 3 Redevelopment Agency -City Center/Historic Convention Village Summary of Accrual Basis Transactions by Project Fiscal Years 1994 -2017 (Continued) Quarter Ended Total Prior Years March 31,2017 Rev/Expenses Other Projects Beachwalk - - _ Bus Prop.Ctr. (159) - (159) Chamber of Commerce Relocation Study (2,000) - (2,000) Colony Theater-Stage Lighting-Coils Repl (6,618,783) - (6,618,783) Construction of Library (14,586) - (14,586) East/West Corridor (88) - (88) Electrowave (3,161) - (3,161) Garden Center (3,077) - (3,077) Guidelines (12,450) - (12,450) Old City Hall (499) - (499) 17th Street Surface Lot (256,887) (8,637) (265,524) 1OA Surface Lot-Lennox (382,854) - (382,854) Streetscapes (324,849) - (324,849) 6th Street Streetscape (577) - (577) Botanical Gardens (356,552) (30,733) (387,285) Transportation Mobility Study (32,225) - (32,225) Convention Center Streetscape (6,390,778) (2,425,593) (8,816,371) New World Symphony (21,591,976) - (21,591,976) New World Symphony-Lincoln Park (14,440,890) - (14,440,890) Washington Avenue Streetscape (3,198,183) - (3,198,183) Rotunda/Collins Park 9/30/2014 (735,652) - (735,652) R.O.W.Improvements (2,356,207) - (2,356,207) Flamingo(16 St.Corridor) (4,721) - (4,721) Flamingo Neigh.South-Bid A (10,186) - (10,186) Flamingo Neigh.Lummus-Bid B (456,047) - (456,047) Flamingo Bid C (13,877) - (13,877) Beachfront Restrooms (431,147) - (431,147) Water&Wastewater Pump Station (1,228,541) - (1,228,541) Miami City Ballet&HVAC (5,859,594) - (5,859,594) Wayfinding Project (348,123) - (348,123) West Ave/Bay Road Neigh.Improve. (750,000) - (750,000) Multi-Purpose Building Adj.City Hall (14,762,648) - (14,762,648) Bass Museum (12,706,709) (791,991) (13,498,700) Bass Museum Hydraulic (2,750) - (2,750) Bass Museum HVAC Improv./Heat Pump (149,425) - (149,425) Bass Museum Exterior Lighting (40,218) - (40,218) Bass Museum Heat Pump Replacement (49,816) - (49,816) Bass Museum Wheater Seal (92,613) (6,000) (98,613) Bass Museum Hydraulic (4,419) - (4,419) Emergency Light Replacement (2,854) - (2,854) Botanical Garden Window (19,050) - (19,050) The Barclay,the Allen and the (34,441) - (34,441) London House (14,154,643) - (14,154,643) Carl Fisher Renewal and Replacement (131,286) - (131,286) Alleyway Restoration Program (221,632) - (221,632) Lincoln Road Between Lennox and Alton (6,173,406) - (6,173,406) City Center Neighborhood Improvement (565,778) (873,458) (1,439,236) Lincoln Road Between Collins/Washington (1,461,660) (20,537) (1,482,197) Lincoln Road Fountain (4,484) - (4,484) Lincoln Road Mall Accent Light (90,446) - (90,446) Lincoln Road Washington (371,767) (196,966) (568,733) Convention Center-Lincoln Road Connection - (95,116) (95,116) Aluminum Street Lighting Pole (163,173) - (163,173) Lincoln Road Landscaping (58,271) - (58,271) Reserve Euclid Avenue Improvement (485,584) - (485,584) Lincoln Road Uplighting (7,820) - (7,820) Miami City Ballet Ext (968) - (968) Lincoln Road Master Plan (500,000) - (500,000) 1100 Lincold Road Updates (76,855) (29,691) (106,546) Little Stage Complex (325,593) - (325,593) Preferred Parking Surface Lot (526,649) - (526,649) Tree Wells Pilot Project (409,571) - (409,571) Washington Ave.Bridge Restoration Loan (700,000) - (700,000) Collins Canal Enhancement Project (1,446,093) - (1,446,093) Collins Park Parking Garage-and Land (7,846,634) (175,873) (8,022,507) Collins Park Ancillary Improvement (195,773) - (195,773) CCHV Neighborhood Improvements (11,672,435) - (11,672,435) 21st Street Recreational Center Repairs (14,901) - (14,901) Animal Waste Dispensers&Receptacles (25,000) - (25,000) Trash Receptacles (24,860) - (24,860) Pedestrian Countdown Signals (54,868) - (54,868) Maze Project-21st Street&Collins (135,000) - (135,000) Directory Signs in City Center ROW (190,277) - (190,277) Beach Shower Replacement&Renovation (6,355) - (6,355) 24"PVC Sanitary Sewer Improvements (315,016) - (315,016) Bicycle Parking Phase 2 (8,620) - (8,620) Bicycle Parking Project (32,923) - (32,923) Total Other Projects (142,087,953) (4,654,595) (146,742,548) Total Projects (324,294,590) (17,429,943) (341,724,533) 4 Redevelopment Agency -City Center/Historic Convention Village Summary of Accrual Basis Transactions by Project Fiscal Years 1994 -2017 (Continued) Quarter Ended Total Prior Years March 31,2017 Rev/Expenses Administration Administrative fees (225) - (225) Anchor Shops Leasing (134,878) - (134,878) Appraisal fees (7,000) - (7,000) Bond costs/Bond Trustee.Fees (2,200,650) - (2,200,650) Delivery (1,400) - (1,400) Dues&subscriptions (10,830) - (10,830) Facility Usage-Loews Hotel (117,377) - (117,377) Management fees (2,836,300) - (2,836,300) Interlocal Agreement/City Center Operation (28,384,308) (518,244) (28,902,552) Miscellaneous (83,225) - (83,225) Office supplies (45,009) - (45,009) Postage,printing&mailing (59,881) - (59,881) Professional services (1,166,950) - (1,166,950) Parks Maintenance by Parks Department (461,037) (172,578) (633,615) Public notice/advertisement (2,496) - (2,496) Reimbursements (62,184) - (62,184) Sales tax (180,222) - (180,222) Settlement Costs (457,500) - (457,500) Legal Fees(Ongoing Litigation) (334,629) - (334,629) Temporary staffing (14,197) - (14,197) Training,conferences&meetings (19,294) - (19,294) Travel&related expenses (1,769) - (1,769) Resort Tax Accrual - - - Accrued interest on investments (479,466) - (479,466) Total Administration (37,060,827) (690,822) (37,751,649) New World Symphony Grant In Aid (15,000,000) - (15,000,000) Capital projects Maintenance (12,434,581) - (12,434,581) City Center Greenspace Management (3,699,340) (262,622) (3,961,962) South Beach area-Property Management (11,999,778) (696,144) (12,695,922) RDA City Center Code Compliance (376,337) (106,500) (482,837) RDA City Center Sanitation (6,400,000) (1,669,500) (8,069,500) RDA Center Center-Misc.Employee Fringe Benfits - (2,675) (2,675) Cost of Issuance Series 2005 A&B (37,219,044) - (37,219,044) Debt Service/Loan Repayment (212,748,031) (14,121,728) (226,869,759) Debt Service/Escrow payment(Series 1998A 2005A and 2005B) (50,954,074) - (50,954,074) Cost of Issuance Series 2015 A&B (4,688,286) - (4,688,286) Anchor Garage Operations (32,782,997) (1,366,407) (34,149,404) Anchor Shops Operation (2,998,450) (26,877) (3,025,327) Pennsylvania Ave-Garage Operations (4,269,694) (320,294) (4,589,988) Pennsylvania shops operations (2,058,130) (158,778) (2,216,908) Community Policing-CCHCV (41,491,754) (2,053,520) (43,545,274) TOTAL EXPENDITURES $ (800,475,913) $ (38,905,810) $ (839,381,723) ENDING BALANCE $ 379,920,555 $ 17,302,761 $ 397,223,316 5 Redevelopment Agency -City Center/Historic Convention Village Summary of Operating Activity Fiscal Years 1994-2017 Quarter Ended Year to date Account Account Description March 31,2017 Revenues 164-0000-361145-00-309-353-00-00-00- Interest Allocated-Pooled Cash $ - $ - Total 164 RDA City Center Renewal& - - 165-0000-361145-00-309-353-00-00-00- Interest Allocated-Pooled Cash - - 165-0000-362211-00-308-357-00-00-00- Miami City Ballet-Base Rent 1 1 165-0000-362219-00-308-357-00-00-00- Miami City Ballet-Capital Su 11,875 11,875 165-0000-362220-00-308-357-00-00-00- Miami City Ballet-Maint.Sub 17,405 17,405 Total 165 RDA-Loews/Royal Palm 29,281 29,281 168-0000-311400-00-327-304-00-00-00- RDA/TaxIncrement-County 22,199,621 22,199,621 168-0000-345920-00-327-304-00-00-00- RDA Tax Increment-City 27,132,384 27,132,384 168-0000-345950-00-327-304-00-00-00- RDA Tax Increment-Other 2,511,086 2,511,086 168-0000-361110-00-309-353-00-00-00- Interest on Investments - - 168-0000-361145-00-309-353-00-00-00- Interest Allocated-Pooled Cash - - 168-0000-365100-00-315-368-00-00-00- Sale of City Property - - 168-0000-369999-00-312-365-00-00-00- Miscellaneous - - Total 168 RDA City Center Operation 51,843,091 51,843,091 202-0000-361130-00-309-353-00-00-00- Interest-Repurchase Agreement - - 202-0000-381200-00-313-367-00-00-00- Transfers In-RDA - - 202-0000-384000-12-317-000-00-00-00- Debt Proceeds - - 202-0000-384110-12-312-000-00-00-00- Bond Premium - - Total 202 RDA City Center Debt Sery - - 309-0000-361110-00-309-353-00-00-00- Interest on Investments 830,445 830,445 309-0000-361130-00-309-353-00-00-00- Interest-Repurchase Agreement 95,625 95,625 309-0000-381200-00-313-367-00-00-00- Transfers In-RDA - - 309-0000-389100-00-501-000-00-00-00- Fund Balance/Retained Earnings - - Total 309 2015 RDA Bond CC Project 926,070 926,070 365-0000-361110-00-309-353-00-00-00- Interest on Investments 232,771 232,771 365-0000-361130-00-309-353-00-00-00- Interest-Repurchase Agreement 77,256 77,256 365-0000-361145-00-309-353-00-00-00- Interest Allocated-Pooled Cash - - 365-0000-361720-00-326-356-00-00-00- Unrealized Gain/Loss-Invest< - - 365-0000-361760-00-326-000-00-00-00- Unrealized Gain/Loss-Invest> - - Total 365 RDA City Center Projects 310,027 310,027 463-0000-344587-00-307-346-00-00-00- G4-Valet Parking 228,109 228,109 463-0000-344903-00-318-346-00-00-00- G4 16th Street-Monthly 314,717 314,717 463-0000-344911-00-307-346-00-00-00- G4 16th Street-Transient 1,415,799 1,415,799 463-0000-361145-00-309-369-00-00-00- Interest Allocated-Pooled Cash - - 463-0000-369400-00-318-365-00-00-00- Refunds and Reimbursements - - 463-0000-369999-00-318-365-00-00-00- Miscellaneous 336 336 Total 463 RDA Anchor Garage 463 1,958,961 1,958,961 465-0000-361145-00-309-369-00-00-00- Interest Allocated-Pooled Cash - - 465-0000-362210-00-318-357-00-00-00- Rent/Lease Property-Misc 548,163 548,163 465-0000-369942-00-318-365-00-00-00- Capital and Maintenance 69,427 69,427 Total 465 RDA Anchor Shoppe 465 617,590 617,590 466-0000-361145-00-309-369-00-00-00- Interest Allocated-Pooled Cash - - 466-0000-381200-00-313-367-00-00-00- Transfers In-RDA - - Total 466 RDA Pennsylvania Ave-Sh - - 467-0000-344411-00-307-346-00-00-00- G9 Penn.Ave.-Transient 299,641 299,641 467-0000-344412-00-307-346-00-00-00- G9 Penn Ave. -Monthly 223,770 223,770 467-0000-361145-00-309-369-00-00-00- Interest Allocated-Pooled Cash - - 467-0000-369999-00-318-365-00-00-00- Miscellaneous 140 140 467-0000-381200-00-313-367-00-00-00- Transfers In-RDA - - Total 467 RDA Pennsylvania Ave-Ga 523,551 523,551 Total Revenues 56,208,571 $ 56,208,571 6 Redevelopment Agency -City Center/Historic Convention Village Summary of Operating Activity Fiscal Years 1994-2017 Quarter Ended Year to date Account Account Description March 31,2017 Expenditures 164-0820-061357-00-410-549-00-00-00-29300 Design-Capital Contracts 196,966 196,966 Total 29300 Lincoln Road Washington 196,966 196,966 165-1985-000502-00-400-592-00-00-00- Property Mgmt-Internal Svc - - Total RDA City - - 165-0821-061357-00-410-000-00-00-00-28140 Design-Capital Contracts - - Total 28140 Convention Center Hotel - - 165-0821-061357-00-410-552-00-00-00-28160 Design-Capital Contracts - - 165-0821-069351-00-410-000-00-00-00-28160 Capital-CMB Construction Mgt - - Total 28160 pfcconvctr Convention C - - Total 165 RDA-Loews/Royal Palm - - 168-0050-000494-31-409-557-00-00-00- Transfer Out-Debt Service - - Total Transfer Out-Debt Service - - 168-0945-000111-31-406-544-00-00-00- Salaries and Wages 42,054 42,054 168-0945-000135-31-406-544-00-00-00- Overtime 9,800 9,800 168-0945-000136-31-406-544-00-00-00- Holiday Pay-Overtime 1,727 1,727 168-0945-000154-31-406-544-00-00-00- Uniforms - - 168-0945-000159-31-409-544-00-00-00- Transfers-Pension Obligation 500 500 168-0945-000161-31-406-544-00-00-00- Retirement Contributions-Pen 17,500 17,500 168-0945-000162-31-406-544-00-00-00- Health&Life Insurance 89 89 168-0945-000164-31-406-544-00-00-00- FICA - - 168-0945-000165-31-406-544-00-00-00- Social Security Medicare 791 791 168-0945-000166-31-406-544-00-00-00- FICA Aternative(457) 561 561 168-0945-000168-31-406-544-00-00-00- OPEB pay-as-you-go 2,500 2,500 168-0945-000312-31-406-545-00-00-00- Professional Services 87,831 87,831 168-0945-000342-31-406-545-00-00-00- Contracted Services-Repairs - - 168-0945-000343-31-406-545-00-00-00- Other Operating Expenditures 9,225 9,225 • Total Parks Maintenance 172,678 172,578 168-1124-000111-20-401-594-00-00-00- Salaries and Wages 677,010 677,010 168-1124-000132-20-401-594-00-00-00- Shift Differential 9,508 9,508 168-1124-000135-20-401-594-00-00-00- Overtime 198,183 198,183 168-1124-000136-20-401-594-00-00-00- Holiday Pay-Overtime 17,539 17,539 168-1124-000137-20-401-594-00-00-00- Court Overtime 31,925 31,925 168-1124-000138-20-401-594-00-00-00- Police/Fire Educational Suppl 4,211 4,211 168-1124-000139-20-401-594-00-00-00- Work Above Classification 189 189 168-1124-000153-20-401-594-00-00-00- Allowances 30,438 30,438 168-1124-000154-20-401-594-00-00-00- Uniforms 7,789 7,789 168-1124-000155-20-401-594-00-00-00- Physical Assessment Benefit 7,514 7,514 168-1124-000159-20-409-557-00-00-00- Transfers-Pension Obligation 55,500 55,500 168-1124-000161-20-401-594-00-00-00- Retirement Contributions-Pen 438,500 438,500 168-1124-000162-20-401-594-00-00-00- Health&Life Insurance 118,783 118,783 168-1124-000163-00-401-594-00-00-00- Workmen's Compensation Pay - - 168-1124-000163-31-401-594-00-00-00- Workmen's Compensation Pay 500 500 168-1124-000164-20-401-594-00-00-00- FICA - - 168-1124-000165-20-401-594-00-00-00- Social Security Medicare 14,957 14,957 168-1124-000167-20-401-594-00-00-00- OPEB Contributions - - 168-1124-000168-20-401-594-00-00-00- OPEB pay-as-you-go 74,500 74,500 168-1124-000316-20-401-595-00-00-00- Telephone 3,732 3,732 168-1124-000323-20-401-595-00-00-00- Rent-Building&Equipment 3,201 3,201 168-1124-000325-20-401-595-00-00-00- Contract Maintenance - - 168-1124-000341-20-401-595-00-00-00- Supplies-Office 1,440 1,440 168-1124-000342-20-401-595-00-00-00- Contracted Services-Repairs 459 459 168-1124-000343-20-401-595-00-00-00- Other Operating Expenditures 8,507 8,507 168-1124-000349-20-401-595-00-00-00- Other Contractual Services 142,339 142,339 168-1124-000357-20-401-594-00-00-00- Employee Fringe Benefits - - 168-1124-000367-20-401-595-00-00-00- Training&Awards 416 416 168-1124-000503-20-401-595-00-00-00- Fleet Management-Internal Svc 73,441 73,441 168-1124-000505-20-401-595-00-00-00- Self Insurance-Internal Svc 72,000 72,000 168-1124-000506-20-401-595-00-00-00- Applications/Computer Hardwar 52,000 52,000 168-1124-000513-20-401-595-00-00-00- Fleet Accidents-Internal Svc 8,939 8,939 168-1124-000674-20-410-596-00-00-00- Machinery&Equipment - - Total Police-CCHV RDA 2,063,520 2,053,520 168-1985-000312-31-400-582-00-00-00- Professional Services 6,888 6,888 168-1985-000321-31-400-582-00-00-00- Postage and Shipping - - 168-1985-000322-31-400-582-00-00-00- Administration Fees 492,000 492,000 168-1985-000341-31-400-582-00-00-00- Supplies-Office - - 168-1985-000342-31-400-582-00-00-00- Contracted Services-Repairs - - 168-1985-000343-31-400-582-00-00-00- Other Operating Expenditures - - 168-1985-000353-31-404-592-00-00-00- Donations&Contributions - - 168-1985-000356-31-400-582-00-00-00- Contingencies - - 168-1985-000361-31-400-582-00-00-00- Dues&Memberships - - 168-1985-000362-31-400-582-00-00-00- Promotion - - 168-1985-000363-31-400-582-00-00-00- Travel - - 168-1985-000368-31-400-592-00-00-00- Taxes&Licenses - - 168-1985-000501-31-400-582-00-00-00- Central Services-Internal Svc 817 817 168-1985-000502-31-400-582-00-00-00- Property Mgmt-Internal Svc 18,539 18,539 Total RDA/City Center Operations 618,244 618,244 7 Redevelopment Agency -City Center/Historic Convention Village Summary of Operating Activity Fiscal Years 1994-2017 Quarter Ended Year to date Account Account Description March 31,2017 Expenditures 168-9963-000111-00-401-600-00-00-00- Salaries and Wages 50,861 50,861 168-9963-000132-00-401-600-00-00-00- Shift Differential - - 168-9963-000135-00-401-600-00-00-00- Overtime 27,292 27,292 168-9963-000136-00-401-600-00-00-00- Holiday Pay-Overtime 3,598 3,598 168-9963-000139-00-401-600-00-00-00- Work Above Classification 69 69 168-9963-000153-00-401-600-00-00-00- Allowances 181 181 168-9963-000154-00-401-600-00-00-00- Uniforms - - 168-9963-000161-00-401-600-00-00-00- Retirement Contributions-Pen 13,500 13,500 168-9963-000162-00-401-600-00-00-00- Health&Life Insurance 5,841 5,841 168-9963-000165-00-401-600-00-00-00- Social Security Medicare 1,158 1,158 168-9963-000168-00-401-600-00-00-00- OPEB pay-as-you-go 4,000 4,000 168-9963-000343-00-401-501-00-00-00- Other Operating Expenditures - - Total RDA Code Compliance 106,500 106,500 168-9964-000111-29-400-591-00-00-00- Salaries and Wages 132,221 132,221 168-9964-000132-29-400-591-00-00-00- Shift Differential - - 168-9964-000133-29-400-591-00-00-00- Steeplejack 2 2 168-9964-000135-29-400-591-00-00-00- Overtime 5,179 5,179 168-9964-000136-29-400-591-00-00-00- Holiday Pay-Overtime 496 496 168-9964-000139-29-400-591-00-00-00- Work Above Classification 158 158 168-9964-000153-29-400-591-00-00-00- Allowances 366 366 168-9964-000154-29-400-591-00-00-00- Uniforms - - 168-9964-000159-29-409-557-00-00-00- Transfers-Pension Obligation 1,000 1,000 168-9964-000160-29-400-591-00-00-00- 401A Pension Contributions - - 168-9964-000161-29-400-591-00-00-00- Retirement Contributions-Pen 44,500 44,500 168-9964-000162-29-400-591-00-00-00- Health&Life Insurance 14,865 14,865 168-9964-000165-29-400-591-00-00-00- Social Security Medicare 1,953 1,953 168-9964-000166-29-400-591-00-00-00- FICA Alternative(457) - - 168-9964-000167-29-400-591-00-00-00- OPEB Contributions - - 168-9964-000168-29-400-000-00-00-00- OPEB pay-as-you-go 9,000 9,000 168-9964-000316-29-400-592-00-00-00- Telephone 190 190 168-9964-000325-29-400-592-00-00-00- Contract Maintenance 90,468 90,468 168-9964-000342-29-400-592-00-00-00- Contracted Services-Repairs 5,390 5,390 168-9964-000343-29-400-592-00-00-00- Other Operating Expenditures 408 408 168-9964-000502-29-400-592-00-00-00- Property Mgmt-Internal Svc 365,040 365,040 168-9964-000503-29-400-592-00-00-00- Fleet Management-Internal Svc 5,408 5,408 168-9964-000505-29-400-592-00-00-00- Self Insurance-Internal Svc 19,500 19,500 168-9964-000513-29-400-592-00-00-00- Fleet Accidents-Internal Svc - - Total South Beach Area Property Mgmt. 696,144 696,144 168-9965-000342-29-400-592-00-00-00- Contracted Services-Repairs 1,669,500 1,669,500 Total RDA City Center Sanitation 1,669,500 1,669,600 168-9966-000111-29-406-544-00-00-00- Salaries and Wages 66,642 66,642 168-9966-000133-29-406-544-00-00-00- Steeplejack - - 168-9966-000135-29-406-544-00-00-00- Overtime 2,668 2,668 168-9966-000136-29-406-544-00-00-00- Holiday Pay-Overtime 149 149 168-9966-000139-29-406-544-00-00-00- Work Above Classification 1,307 1,307 168-9966-000153-29-406-000-00-00-00- Allowances 5,633 5,633 168-9966-000159-29-409-557-00-00-00- Transfers-Pension Obligation 500 500 168-9966-000161-29-406-544-00-00-00- Retirement Contributions-Pen 29,000 29,000 168-9966-000162-29-406-544-00-00-00- Health&Life Insurance 16,342 16,342 168-9966-000164-29-406-544-00-00-00- FICA 1,769 1,769 168-9966-000165-29-406-544-00-00-00- Social Security Medicare 1,018 1,018 168-9966-000167-29-406-544-00-00-00- OPEB Contributions - - 168-9966-000168-29-406-000-00-00-00- OPEB pay-as-you-go 11,500 11,500 168-9966-000312-29-406-545-00-00-00- Professional Services - - 168-9966-000325-29-406-545-00-00-00- Contract Maintenance 86,748 86,748 168-9966-000342-29-406-545-00-00-00- Contracted Services-Repairs - - 168-9966-000343-29-406-545-00-00-00- Other Operating Expenditures 39,346 39,346 Total 168 RDA City Center Operations 262,622 262,622 168-9601-000357-00-400-000-00-00-00- Employee Fringe Benefits 2,676 2,676 Total RDAAccumulated Leave Settlement 2,676 2,676 Total 168 RDA City Center Operation 6,481,784 5,481,784 202-4255-000493-12-423-000-00-00-00- Transfers to Escrow - - 202-4255-000710-00-407-589-00-00-00- Redemption-UT Principal 6,495,000 6,495,000 202-4255-000720-00-408-589-00-00-00- Redemption-UT Interest 7,625,974 7,625,974 202-4255-000730-00-408-589-00-00-00- Redemption-LIT Other Cost 754 754 202-4255-000750-00-408-589-00-00-00- Cost of Debt Issuance - - Total 202 RDA City Center Debt Sery 14,121,728 14,121,728 309-0821-000356-00-410-000-00-00-00-28160 Contingencies - - 309-0821-000491-00-410-000-00-00-00-28160 Transfers Out - - 309-0821-000674-00-410-000-00-00-00-28160 Machinery&Equipment - - 309-0821-061357-00-410-000-00-00-00-28160 Design-Capital Contracts 1,256,379 1,256,379 309-0821-061358-00-410-000-00-00-00-28160 Design Capital Miscellaneous 1,520,649 1,520,649 309-0821-069351-00-410-000-00-00-00-28160 Capital-CMB Construction Mgt 210,761 210,761 309-0821-069355-00-410-000-00-00-00-28160 Capital-Program Mgmt 867,535 867,535 309-0821-069357-00-410-000-00-00-00-28160 Capital-Contracts 9,317,285 9,317,285 309-0821-069358-00-410-000-00-00-00-28160 Capital-Miscellaneous (462,862) (462,862) Total 28160 pfcconvctr Convention C 12,709,747 12,709,747 8 Redevelopment Agency -City Center/Historic Convention Village Summary of Operating Activity Fiscal Years 1994-2017 Quarter Ended Year to date Account Account Description March 31,2017 Expenditures 309-0820-069357-00-410-000-00-00-00-28180 Capital-Contracts 65,601 65,601 Total 28180 Convention Center-Car 66,601 66,601 309-0820-061357-00-410-548-00-00-00-29320 Design-Capital Contracts 8,637 8,637 Total 29320 17TH STREET NORTH IMPRV PENN A 8,637 8,637 309-0820-061357-00-410-549-00-00-00-29310 Design-Capital Contracts 95,116 95,116 Total 29310 CONVENTION CENTER LINCOLN RD 95,116 95,116 Total 309 2016 RDA Bond CC Project 12,879,101 12,879,101 365-0820-000356-26-410-000-00-00-00-23270 Contingencies - - 365-0820-061357-26-410-561-00-00-00-23270 Design-Capital Contracts 599,942 599,942 365-0820-069351-26-410-000-00-00-00-23270 Capital-CMB Construction Mgt - - 365-0820-069357-26-410-561-00-00-00-23270 Capital-Contracts 1,825,651 1,825,651 Total 23270 City Center RDA-Cony. 2,426,693 2,426,693 365-0380-069357-00-410-549-00-00-00-24550 Capital-Contracts 791,991 791,991 Total 24560 BASS MUSEUM SPACE EXPAN 791,991 791,991 365-0810-069359-00-410-562-00-00-00-25580 Capital-Material - - Total 25580 Trash Receptacles - - 365-1720-000356-00-410-546-00-00-00-25970 Contingencies - - 365-1720-000676-00-410-546-00-00-00-25970 Renovations - - Total 26970 BASS MUSEUM EXTERIOR LI - - 365-1720-000356-00-410-546-00-00-00-26010 Contingencies - 365-1720-000676-00-410-546-00-00-00-26010 Renovations - - Total 26010 BASS MUSEUM HYDRAULIC - - 365-0820-000356-00-410-564-00-00-00-26160 Contingencies - - 365-0820-061357-00-410-530-00-00-00-26160 Design-Capital Contracts 8,301 8,301 365-0820-069351-00-410-564-00-00-00-26160 Capital-CMB Construction Mgt - - 365-0820-069355-00-410-564-00-00-00-26160 Capital-Program Mgmt - - 365-0820-069357-00-410-564-00-00-00-26160 Capital-Contracts 865,156 865,156 Total 26160 CCHV Neigh.Improv.His 873,467 873,467 365-0820-061357-00-410-522-00-00-00-26640 Design-Capital Contracts - - 365-0820-069357-00-410-522-00-00-00-26640 Capital-Contracts 20,537 20,537 Total 26640 LINCLON RD.B/T COLLINS 20,637 20,637 365-0810-000674-00-410-522-00-00-00-27650 Machinery&Equipment - - Total 27660 ALUMINUM STREETLIGHTING - - 365-0810-069351-00-410-546-00-00-00-27670 Capital-CMB Construction Mgt - - 365-0810-069357-00-410-546-00-00-00-27670 Capital-Contracts - - 365-0810-069358-00-410-546-00-00-00-27670 Capital-Miscellaneous - - Total 27670 RESERVE-EUCLID AVE IM - - 365-1720-000676-00-410-000-00-00-00-27710 Renovations 6,000 6,000 Total 27710 BASS MUSEUM WEATHER SEA 6,000 6,000 365-1720-000674-00-410-000-00-00-00-27750 Machinery&Equipment - - Total 27760 MCB EMERG.LIGHT REPL. - - 365-1720-000676-00-410-000-00-00-00-27760 Renovations - - Total 27760 MIAMI CITY BALLET EXT C - - 365-0820-000356-00-410-528-00-00-00-28010 Contingencies - - 365-0820-000674-00-410-528-00-00-00-28010 Machinery&Equipment - - 365-0820-061357-00-410-528-00-00-00-28010 Design-Capital Contracts 175,873 175,873 365-0820-069351-00-410-528-00-00-00-28010 Capital-CMB Construction Mgt - - 365-0820-069357-00-410-528-00-00-00-28010 Capital-Contracts - - Total 28010 pgmculcamp Collins Park 176,873 176,873 365-0820-061357-00-410-546-00-00-00-29530 Design-Capital Contracts - - 365-0820-069351-00-410-546-00-00-00-29530 Capital-CMB Construction Mgt - - 365-0820-069357-00-410-546-00-00-00-29530 Capital-Contracts - - Total 29630 COLLINS PARK ANCILLARY - - 365-1720-000342-00-406-545-00-00-00-62570 Contracted Services-Repairs 29,691 29,691 Total 62670 1100 BLOCK OF LINCOLN R 29,691 29,691 365-0815-061357-29-410-546-00-00-00-27600 Design-Capital Contracts 30,015 30,015 365-0815-069357-29-410-546-00-00-00-27600 Capital-Contracts (182) (182) Total 27600 SEAWALL-BOTANICAL GARD/COLLINS 29,833 29,833 365-1720-000671-00-410-549-00-00-00-62540 Furniture&Fixtures 900 900 Total 62540 BOTANICAL GARDEN WINDOW REPLA 900 900 Total 366 RDA City Center Projects 4,363,876 4,363,876 9 Redevelopment Agency -City Center/Historic Convention Village Summary of Operating Activity Fiscal Years 1994-2017 Quarter Ended Year to date Account Account Description March 31,2017 Expenditures 463-1990-000312-31-413-526-00-00-00- Professional Services 154,877 154,877 463-1990-000313-31-413-526-00-00-00- Bank Fees 26,694 26,694 463-1990-000314-31-414-526-00-00-00- Electricity 12,861 12,861 463-1990-000316-31-414-526-00-00-00- Telephone 708 708 463-1990-000317-31-414-526-00-00-00- Water 3,424 3,424 463-1990-000318-31-414-526-00-00-00- Sewer Charges 4,342 4,342 463-1990-000319-31-414-526-00-00-00- Sanitation Fees 15,342 15,342 463-1990-000322-31-311-526-00-00-00- Administration Fees 121,000 121,000 463-1990-000324-31-413-526-00-00-00- Printing - - 463-1990-000325-31-413-526-00-00-00- Contract Maintenance 63,767 63,767 463-1990-000329-31-414-526-00-00-00- Storm Water 10,920 10,920 463-1990-000341-31-412-526-00-00-00- Supplies-Office - - 463-1990-000342-31-413-526-00-00-00- Contracted Services-Repairs 11,738 11,738 463-1990-000343-31-421-526-00-00-00- Other Operating Expenditures 256 256 463-1990-000349-31-413-526-00-00-00- Other Contractual Services 159,542 159,542 463-1990-000366-31-413-526-00-00-00- Anchor Garage-Facility Usage 321,812 321,812 463-1990-000368-31-413-526-00-00-00- Taxes&Licenses 390,291 390,291 463-1990-000484-31-417-526-00-00-00- Depreciation - - 463-1990-000491-31-409-557-00-00-00- Transfers Out - - 463-1990-000502-31-416-526-00-00-00- Property Mgmt-Internal Svc 15,333 15,333 463-1990-000503-31-416-526-00-00-00- Fleet Management-Internal Svc - - 463-1990-000505-31-416-526-00-00-00- Self Insurance-Internal Svc 53,500 53,500 463-1990-000674-31-422-526-00-00-00- Machinery&Equipment - - 463-1990-000999-31-501-394-00-00-00- Department Savings - - Total RDA-Anchor Garage Operations 1,366,407 1,366,407 463-1720-069357-00-422-000-00-00-00-29640 Capital-Contracts - - Total 29640 ANCHOR GARAGE ROOF REST - - 463-1720-000342-00-413-000-00-00-00-62830 Contracted Services-Repairs - - Total 62830 ANCHOR GARAGE EFIS SYST - - Total 463 RDA Anchor Garage 463 1,366,407 1,366,407 465-1995-000314-00-414-000-00-00-00- Electricity (2,573) (2,573) 465-1995-000322-31-311-532-00-00-00- Administration Fees 12,500 12,500 465-1995-000342-31-413-532-00-00-00- Contracted Services-Repairs - - 465-1995-000343-31-421-532-00-00-00- Other Operating Expenditures 2,450 2,450 465-1995-000484-31-417-532-00-00-00- Depreciation - - 465-1995-000491-31-409-557-00-00-00- Transfers Out - - 465-1995-000505-31-416-532-00-00-00- Self Insurance-Internal Svc 14,500 14,500 465-1995-000999-31-501-394-00-00-00- Department Savings - - 465-1721-000676-00-422-000-00-00-00-67170 Renovations - - Total 465 RDA Anchor Shoppe 466 26,877 26,877 466-1997-000314-00-414-532-00-00-00- Electricity 5,029 5,029 466-1997-000343-31-421-532-00-00-00- Other Operating Expenditures 14,249 14,249 466-1997-000349-31-413-532-00-00-00- Other Contractual Services - - 466-1997-000368-31-413-532-00-00-00- Taxes&Licenses - - 466-1997-000374-31-413-532-00-00-00- Management Fees-Rent/Leases 139,500 139,500 466-1997-000484-31-417-532-00-00-00- Depreciation - - Total 466 RDA Pennsylvania Ave-Sh 158,778 168,778 467-1996-000312-31-413-526-00-00-00- Professional Services 79,704 79,704 467-1996-000313-31-413-526-00-00-00- Bank Fees 11,613 11,613 467-1996-000314-31-414-526-00-00-00- Electricity 9,900 9,900 467-1996-000317-31-414-526-00-00-00- Water 362 362 467-1996-000318-31-414-526-00-00-00- Sewer Charges 594 594 467-1996-000322-31-311-526-00-00-00- Administration Fees 90,500 90,500 467-1996-000324-31-413-526-00-00-00- Printing - - 467-1996-000325-31-413-526-00-00-00- Contract Maintenance 79,975 79,975 467-1996-000329-31-414-526-00-00-00- Storm Water - - 467-1996-000342-31-413-526-00-00-00- Contracted Services-Repairs 584 584 467-1996-000343-31-421-526-00-00-00- Other Operating Expenditures 247 247 467-1996-000349-31-413-526-00-00-00- Other Contractual Services 41,572 41,572 467-1996-000484-31-417-526-00-00-00- Depreciation - - 467-1996-000502-31-416-526-00-00-00- Property Mgmt-Internal Svc 5,243 5,243 467-0461-000674-00-418-000-00-00-00-25040 Machinery&Equipment - - 467-0461-000674-00-422-000-00-00-00-61760 Machinery&Equipment - - Total 467 RDA Pennsylvania Ave-Ga 320,294 320,294 Total Expenditures 38,906,810 38,906,810 Total Revenues 56,208,571 Total Expenses 38,905,810 Total Net Income 17,302,761 The Monthly Construction Projects update for active City Center Historic Convention Village is located at http://www.miamibeachfl.govicityclerk/scroll.aspx?id=77106 10