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LTC 239-2021 G.O. Bond Program - Project Implementation Update No. 17M IA M I BEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov OFFICE OF THE CITY MANAGER LTC # TO: FROM: DATE: LETTER TO COMMISSION Alina T. Hudak, City Mana June 9, 2021 SUBJECT: G.O. Bond Program - Project Implementation Update No. 17 The purpose of this Letter to the Commission ("LTC") is to advise you on the status of the implementation of the 39 General Obligation Bond (G.O. Bond) Projects approved by the City Commission for the first tranche of funding (Tranche 1) in the amount of $152,466,449 including issuance costs. For complete meeting agendas, handouts, minutes, presentations, and audio recordings, visit the website www.GOMBinfo.com and click on the Oversight Committee tab to see Meeting Records. Refer to Exhibit A for the meeting agenda which took place with the G.O. Bond Oversight Committee on May 20, 2021. The following information includes excerpts from that meeting. IMPLEMENTATION STATUS Project Dashboard and Program Progress Report As of May 20, 2021, a total of 29 out of 39 Tranche 1 projects are in some form of "Active" status and 8 projects are completed. Chart 1 below shows the full breakdown by Category. Chart 1 PROJECT ACTIVITY Tranche 1 39 cop"" Active 29 Pending 2 - Future 18 PROJECT CA TEGORY Parks Infrastructure Public Safety AII PROJECT Complete 6 8 STATUS Act ive 12 7 10 29 Pending 2 o o 2 Future 10 6 2 18 All 30 14 13 57 239-2021 G.O. Bond Program - Project Implementation Update No. 17 June 9, 2021 Page 2 of 5 Approximately $37.1 million dollars have been expended and another $22.5 million are encumbered for a total of $59.6 million out of the $151.1 million of available Tranche 1 funds. Chart 2 below shows the full breakdown of the expenditures broken down by Category. Chart 2 Tranche 1 Progress Most of the 39 projects in Tranche 1 have different components which are considered distinct projects, or “subprojects”, that are tracked separately and have separate budgets, procurement, and implementation schedules. The Tranche 1 Subproject Activity Summary depicted in Charts 3 and 4 summarize the subproject activity into Status, Category and Funding amount. Subproject Tracking Summary by Phase The tracking summary indicates that 33 (45%) of the 74 total Tranche 1 subprojects have been completed, 7 (9%) are under construction, 23 (31%) are in a design phase, 8 (11%) are in a planning phase, and 3 (4%) are pending to become active. Chart 3 shows the status of all subprojects broken down by Phase and Category. G.O. Bond Program - Project Implementation Update No. 17 June 9, 2021 Page 3 of 5 Chart 3 The expenditures summary indicates that as of May 20, 2021, the 33 completed subprojects equate to $18.7 million of the budget (12%), $29.8 million (20%) equate to subprojects under construction, $62 million (41%) equate to subprojects that are in the design phase, $21.1 million (14%) equate to subprojects that are in the planning phase, and a total equating to $19.3 million (13%) are for subprojects which are pending to become active. The total funding expenditures for each of the sub-project categories is indicated on Chart 4 below. For a full breakdown, by project, refer to Exhibit B. Chart 4 G.O. Bond Program - Project Implementation Update No. 17 June 9, 2021 Page 4 of 5 Chart 5 below compares the status of projects from previous months to the current month, going back to October 2019. Chart 5 NEW COMMITTEE MEMBER WELCOMED – SCOTT NEEDELMAN At the May commission meeting, Scott Needelman was nominated and approved to serve on the G.O. Bond Oversight Committee as a voting member. The committee welcomed Scott on May 20, which was his first G.O. Bond Oversight Committee meeting in his new official role as one of two South Beach representatives. Scott is a resident of the Flamingo Park neighborhood where he also serves as President of the Flamingo Park Neighborhood Association. Scott’s position was previously held by Marie Peter. NEW ONE-PAGER HANDOUT ON PROJECT CHALLENGES At the April G.O. Bond Oversight Committee, staff was asked to produce a one-page document that would summarize the major challenges of active Tranche 1 projects, with notes for next steps towards finding a solution. At the May 20 meeting, staff revealed a drafted sample of the new one- pager to committee members. Feedback was positive, so staff has committed to update the document prior to each next committee meeting. The document lists projects with challenges, and then it notes whether each project has a budgetary and/or a timing complication. Notes about each specific challenge is included, and next steps are identified for every entry. Refer to Exhibit C to view the one-pager sample handout. NEW TRANCHE 1 PROJECTS LIST Since the G.O. Bond project implementation plan has been revised and restructured to have three instead of four total tranches, there are some projects (or sub-projects) that have moved up into Tranche 1 that were previously slated for later tranches. A list of these projects was shown to the G.O. Bond Oversight Committee at its May 20 meeting. There are a total of 10 projects and sub- projects that have been moved up to Tranche 1, which totals $59,285,000. Included on this list are the three remaining Baywalk segments (Bay Garden Manor, South Bay Club and Bayview Terrace), Ocean Rescue North Beach Facility, Flamingo Park Masterplan and LED Lighting, Ocean Drive Corridor, Washington Ave Corridor, North Shore Park Other Improvements (Playground), and remaining Scott Rakow Flooring Projects. Refer to Exhibit D. TRANCHE 1 PROJECTS UPDATE & CONSTRUCTION COST ESCALATIONS The following Tranche 1 project updates were discussed at the May 20 meeting. Mentioned during those discussions was the issue regarding current increases in the cost of construction material and labor, and the effects of those escalations to G.O. Bond projects. Projects impacted by the escalations and their cost estimate overages were being presented at the Commission Budget Workshop on June 4, and budget gaps will continue to be discussed during the budget process. Refer to Exhibit E for further details and information for each of the following: No.%No.%No.%No.%No.%No.%No.% ACTIVE/COMPLETE 44 40%56 49%66 57%68 59%69 59%70 60%71 61% CONSTRUCTION 16 15%13 11%8 7%8 7%11 9%7 6%7 6% PLANNING / DESIGN 23 21%26 23%30 26%31 27%29 25%30 26%31 26% CLOSED / COMPLETE 5 5%17 15%28 24%29 25%29 25%33 28%33 28% REMAINING 65 60%59 51%49 43%48 41%47 41%47 40%46 39% TOTAL SUB-PROJECTS 109 115 115 116 116 117 117 SUMMARY SUB-PROJECTS 1/23/20 7/16/20 10/22/20 1/21/21 4/29/21 5/20/2110/17/19 G.O. Bond Program - Project Implementation Update No. 17 June 9, 2021 Page 5 of 5 #01 72nd St. Community Complex #05 Flamingo Park #10 Maurice Gibb Park #15 PAR 3 / Bayshore Park #45 Fire Station #1 #54 Marine Patrol Facility COMMUNITY INFORMATION AND OUTREACH The G.O. Bond program team continues to perform public information and outreach activities through various community meetings, constant contact emails, direct mailings, and social media platforms. Please see attached Exhibit F to view recent outreach materials. During the month of May, the program team was focused on updating the project information that is displayed on the G.O. Bond website’s Project Dashboard and Progress Report, to reflect the changes that were recently approved by the City Commission as part of the “revised implementation plan”. That effort was completed in partnership with the city’s IT Department, and all revisions have now been made live on the G.O. Bond website. On May 19, a trade publication called “The Bond Buyer”, published an informational article about the city’s revised G.O. Bond implementation plan. The article, which is titled “Miami Beach moves up GO bond projects to take advantage of low interest rates”, quotes CFO John Woodruff on the benefits of the plan to both residents and bond investors. On May 20, a press release went out to announce the contract that was awarded to construct the Brittany Bay Park living shoreline project. The Brittany Bay Park living shoreline is part of the G.O. Bond’s project GO#39: Seawalls & Shorelines, and it will be the first location of many to be constructed with G.O. Bond dollars. The project was also featured at the May 20 Sustainachella event that is run by the Department of Environment and Sustainability. Project renderings are also now available on the G.O. Bond website. The website, www.GOMBInfo.com, continues to be updated with the latest construction advisories, press releases, project photos, implementation updates, and more. For more information, please contact Maria Hernandez at mariahernandez@miamibeachfl.gov or via cellphone at (786) 371- 3168. Attachments: Exhibit A – GOB Oversight Committee Agenda for May 20, 2021 Exhibit B – Subproject and Project List by Phase Exhibit C – One-Pager Handout – Project Challenges Exhibit D – New Tranche 1 Project List (Approved by Commission) Exhibit E – Tranche 1 Projects Update – Dashboard Sheets Exhibit F– Community Outreach Report ATH / MH F:\cmgr\$ALL\GO Bond Program\Commission & Committees\LTC Program Updates\2021\6 June 2021\G.O. Bond Program - Project Implementation Update No.17.docx ________________________________________________________ Legend: (P) Planning Phase, (D) Design Phase, (C) Construction Phase General Obligation Bond Oversight Committee City of Miami Beach Karen Rivo, Chair Maria Hernandez, Liaison AGENDA – VIRTUAL MEETING May 20, 2021 I.Roll Call and Introductions All 4:30pm II.Committee Business Karen Rivo 4:35pm •Adoption of Meeting Minutes from 04-29-21 •Welcome New Member: Scott Needelman •Meeting Calendar of Dates Approval III.Community Outreach Allison Novack 4:45pm •List of Current Public Meetings (Forthcoming) IV.Program General Status, &Maria Hernandez 4:50pm Sub-Projects Update, Closed Projects V.Public Comment Public 5:00pm VI.New One-Pager Handout Sample Maria Hernandez 5:10pm VII.New Tranche 1 Projects List Thais Veira 5:25pm VIII.Tranche 1 Projects Update David Martinez 5:30pm •72nd St. Complex (P), F.S. #1(D), Bayshore Park (D), Maurice Gibb Park (D), Marine Patrol Facility (P), Flamingo Park IX.Brief Updates Staff 6:10pm X.Public Comment Public 6:20pm XI.Adjournment 6:30pm Committee Charge The purpose of the General Obligation Bond Oversight Committee is to make advisory recommendations to the City Manager and Ci ty Commission from a macro perspective regarding the timely progress, overall goals, costs, including financial efficiencie s, and the timely completion of General Obligation Bond Program projects approved by the voters in the City of Miami Beach Special Election hel d on November 6, 2018. The Committee shall have the following powers & duties: 1.Receive input from the public, the City Administration, City consultants, and the City’s Inspector General, as needed, to make recommendations relative to the overall timing, cost efficiencies, and prioritization of the G.O. Bond Program projects. 2.Provide general oversight to ensure that G.O. Bond Program project timelines, budgets (including cost efficiencies) are prioritized and achieved, and that the projects are completed in accordance with the scope of work approved by the voters. 3.Review City staff and G.O. Bond Program project managers’ progress reports and provide monthly reports to the City Commission. Exhibit A G.O. BOND PROJECT LIST BY PHASE Active Phase Project Name Category Department Quick Win Tranche Anticipated End Date ↑Count % Count $ Budget $ Encumbered $ Spent % Spent $ Available Closed #53 PORTABLE BOLLARDS Public Safety Police QW 1 07-31-2019 1 1%600,000 - 599,915 1.62%84 Closed #17 POLO PARK Parks Parks & Recreation QW 1 08-11-2019 1 1%499,998 - 493,673 1.33%6,325 Closed #19 SOUNDSCAPE 4K TECHNOLOGY Parks Tourism & Culture QW 1 09-30-2019 1 1%3,799,999 - 3,748,495 10.10%51,503 Closed #13 NORTH SHORE LIGHTS & PAINT Parks Property Management QW 1 10-14-2019 1 1%130,300 - 130,210 0.35%89 Closed #52 TATUM PARK LED LIGHTING Public Safety Parks & Recreation QW 1 10-14-2019 1 1%151,999 - 52,758 0.14%99,240 Closed #52 CRESPI PARK LED LIGHTING Public Safety Parks & Recreation QW 1 10-21-2019 1 1%86,999 - 41,780 0.11%45,218 Closed #52 STILLWATER PARK LED LIGHTING Public Safety Parks & Recreation QW 1 10-21-2019 1 1%86,999 - 41,780 0.11%45,218 Closed #26 COLONY THEATRE ROOF Parks Property Management QW 1 10-24-2019 1 1%300,000 - 299,650 0.81%350 Closed #21 STILLWATER PARK Parks Parks & Recreation QW 1 11-08-2019 1 1%144,999 - 142,440 0.38%2,559 Closed #3 CRESPI PARK Parks Parks & Recreation QW 1 11-09-2019 1 1%210,998 - 184,919 0.50%26,079 Closed #18 SCOTT RAKOW PAINT Parks Property Management QW 1 11-12-2019 1 1%130,000 - 116,776 0.31%13,224 Closed #47 MACARTHUR CSWY READERS Public Safety Police QW 1 11-28-2019 1 1%120,000 - 64,904 0.17%55,095 Closed #52 NORMANDY ISLE PARK LED LIGHTING Public Safety Parks & Recreation QW 1 12-02-2019 1 1%715,000 - 212,593 0.57%502,405 Closed #18 SCOTT RAKOW HVAC Parks Property Management QW 1 12-06-2019 1 1%150,000 - 137,302 0.37%12,697 Closed #13 NORTH SHORE ROOF Parks Property Management QW 1 12-16-2019 1 1%375,000 - 374,722 1.01%276 Closed #18 SCOTT RAKOW ROOF Parks Property Management QW 1 01-05-2020 1 1%1,124,000 - 127,217 0.34%996,782 Closed #26 MIAMI CITY BALLET ROOF Parks Property Management QW 1 01-15-2020 1 1%760,000 - 758,824 2.04%1,175 Closed #13 NORTH SHORE CAMERAS Parks Property Management QW 1 02-04-2020 1 1%205,699 - 60,858 0.16%144,841 Closed #18 SCOTT RAKOW CAMERAS Parks Property Management QW 1 02-05-2020 1 1%250,000 - 110,659 0.30%139,340 Closed #32 PALM & HIBISCUS LANDSCAPING Infrastructure Capital Improvement Projects QW 1 03-25-2020 1 1%1,000,000 - 1,000,000 2.69%- Closed #18 SCOTT RAKOW WINDOWS Parks Property Management QW 1 04-16-2020 1 1%699,999 - 194,601 0.52%505,396 Closed #26 FILLMORE ROOF Parks Property Management QW 1 05-15-2020 1 1%1,920,000 - 1,874,154 5.05%45,844 Closed #4 FAIRWAY PARK PAVILION Parks Parks & Recreation 1 05-15-2020 1 1%50,000 - 35,044 0.09%14,955 Closed #2 COLLINS PARK Parks Parks & Recreation QW 1 05-28-2020 1 1%640,000 - 557,286 1.50%82,713 Closed #13 NORTH SHORE GENERATOR Parks Property Management QW 1 06-30-2020 1 1%524,999 - 503,861 1.36%21,138 Closed #18 SCOTT RAKOW GENERATOR Parks Property Management QW 1 06-30-2020 1 1%816,000 - 729,717 1.97%86,281 Closed #47 71 ST. ENTRANCE READERS Public Safety Police QW 1 07-12-2020 1 1%240,000 - 31,582 0.09%208,417 Closed #47 JULIA TUTTLE CSWY READERS Public Safety Police QW 1 09-21-2020 1 1%200,000 - 89,185 0.24%110,814 Closed #40 41 STREET LIGHTING UPGRADES Infrastructure Public Works Department 1 03-13-2021 1 1%102,999 - 99,173 0.27%3,825 Closed Sum 29 39%16,035,987 - 12,814,078 35%3,221,883 Closed Count 29 39%29 29 29 0.00%29 Complete #18 SCOTT RAKOW POOL Parks Parks & Recreation QW 1 07-06-2020 1 1%977,998 3,720 973,384 2.62%893 Complete #57 LUMMUS PARK/OCEAN DRIVE CAMERAS Public Safety Police 1 02-28-2021 1 1%815,000 14,869 774,532 2.09%25,598 Complete #4 FAIRWAY PARK FENCE Parks Parks & Recreation 1 03-10-2021 1 1%209,999 - 205,917 0.55%4,082 Complete #56 CAMERAS- BEACHWALK Public Safety Police 1 04-02-2021 1 1%700,000 25,688 666,963 1.80%7,348 Complete Sum 8 11%2,702,997 44,277 2,620,796 7%37,921 Complete Count 4 5%4 4 4 0.00%4 Construction #24 MIDDLE BEACH BEACHWALK PH3 Parks Capital Improvement Projects 1 06-16-2021 1 1%4,500,000 1,396,999 2,755,445 7.42%347,553 Construction #42 NAUTILUS TRAFFIC CALMING Infrastructure Transportation QW a 1 07-15-2021 1 1%739,499 184,840 540,133 1.46%14,526 Construction #49 PUBLIC SAFETY RADIO SYSTEM Public Safety Fire QW 1 09-15-2021 1 1%9,700,000 2,038,911 7,595,974 20.47%65,114 Construction #33 PART 1 TREE PLANTING Infrastructure Environmental QW a 1 04-01-2022 1 1%2,500,000 448,376 767,670 2.07%1,283,953 Construction #37 PART 1 SIDEWALKS Infrastructure Public Works Department QW a 1 04-01-2022 1 1%3,500,000 1,179,719 1,969,018 5.30%351,260 Construction #38 PART 1 STREETS Infrastructure Public Works Department QW a 1 04-01-2022 1 1%7,500,000 4,399,248 2,434,586 6.56%666,165 Construction #47 OTHER READERS CITYWIDE Public Safety Police 1 04-01-2022 1 1%1,390,000 15,894 57,193 0.15%1,316,912 Construction Sum 28 38%$29,829,499 $9,663,987 $16,120,019 43%$4,045,483 Construction Count 7 9%7 7 7 0.00%7 Design #50 71 STREET CORRIDOR CAMERAS Public Safety Police 1 08-30-2021 b 1 1%211,999 - 15,999 0.04%195,999 Design #53 CONVENTION CENTER BOLLARDS Public Safety Public Works Department 1 09-03-2021 b 1 1%775,000 27,545 19,964 0.05%727,489 Design #53 SOUNDSCAPE PARK BOLLARDS Public Safety Public Works Department 1 09-03-2021 b 1 1%375,000 27,545 18,900 0.05%328,553 Design #53 SOUTH POINTE PARK BOLLARDS Public Safety Public Works Department 1 09-03-2021 b 1 1%250,000 27,545 18,568 0.05%203,886 CITY OF MIAMI BEACH 5/17/2021 - 1:02 PM Exhibit B G.O. BOND PROJECT LIST BY PHASE Design #50 DADE BLVD. CORRIDOR CAMERAS Public Safety Police 1 09-30-2021 1 1%165,674 116,843 - 0.00%48,831 Design #18 SCOTT RAKOW GYM FLOORS Parks Parks & Recreation 1 10-29-2021 1 1%300,000 221,546 25,658 0.07%52,795 Design #19 SOUNDSCAPE RESTROOMS/STORAGE Parks Parks & Recreation 1 12-30-2021 1 1%699,999 20,020 1,655 0.00%678,324 Design #9 MSD PLAYGROUND AND SIDEWALKS Parks Parks & Recreation 1 01-19-2022 1 1%553,999 850 14,825 0.04%538,323 Design #48 PART 1 POLICE HQ Public Safety Property Management 1 02-01-2022 b 1 1%4,000,000 578,144 657,869 1.77%2,763,987 Design #39 PART 1 SEAWALLS/SHORELINES Infrastructure Public Works Department 1 04-29-2022 1 1%7,999,999 612,550 252,916 0.68%7,134,531 Design #42 BAYSHORE SOUTH TRAFFIC CALMING Infrastructure Transportation 1 04-30-2022 1 1%560,148 - 46,923 0.13%513,224 Design #42 NORMANDY ISLE TRAFFIC CALMING Infrastructure Transportation 1 04-30-2022 1 1%113,999 - 38,199 0.10%75,799 Design #42 PALM VIEW TRAFFIC CALMING Infrastructure Transportation 1 04-30-2022 1 1%86,349 - 4,883 0.01%81,466 Design #12 N. BEACH OCEANSIDE BEACHWALK Parks Capital Improvement Projects 1 06-29-2022 1 1%1,999,999 129,893 80,094 0.22%1,790,012 Design #43 ALTON ROAD SHARED USE PATH Infrastructure Transportation 1 06-29-2022 b 1 1%170,000 - - 0.00%170,000 Design #30 SKATE PARK Parks Parks & Recreation 1 09-06-2022 1 1%750,000 73,818 - 0.00%676,182 Design #43 23 ST. STREETSCAPE IMPROVEMENTS Infrastructure Capital Improvement Projects 1 12-26-2022 1 1%1,500,000 164,638 128,809 0.35%1,206,552 Design #8 LUMMUS PARK Parks Capital Improvement Projects 1 12-30-2022 b 1 1%4,736,999 784,968 10,800 0.03%3,941,230 Design #23 PEDESTRIAN BRIDGE Parks Capital Improvement Projects 1 06-30-2023 1 1%10,000,000 8,547,268 1,274,043 3.43%178,687 Design #10 MAURICE GIBB PARK Parks Capital Improvement Projects 1 07-27-2023 1 1%3,300,000 - 37,714 0.10%3,262,284 Design #15 PAR 3 / BAYSHORE PARK Parks Capital Improvement Projects 1 07-27-2023 1 1%15,699,999 42,547 731,751 1.97%14,925,700 Design #43 CHASE AVE/34 ST SHARED USE PATH Infrastructure Capital Improvement Projects 1 09-05-2023 1 1%830,000 - 3,154 0.01%826,846 Design #45 FIRE STATION #1 Public Safety Capital Improvement Projects 1,2 06-27-2024 1 1%7,000,000 928,181 224,500 0.60%5,847,317 Design Sum 115 155%$62,079,163 $12,303,901 $3,607,224 10%$46,168,017 Design Count 23 31%23 23 23 0.00%23 Planning #50 41 ST. CORRIDOR CAMERAS Public Safety Police 1 06-30-2021 b 1 1%235,324 - 17,999 0.05%217,324 Planning #55 PART 1 STREET LIGHTS Public Safety Public Works Department 1 06-30-2021 b 1 1%5,000,000 - 10,108 0.03%4,989,892 Planning #9 MSD PARK LIGHTING Parks Parks & Recreation 1 06-30-2021 b 1 1%128,000 - - 0.00%128,000 Planning #57 COLLINS AVE/WASH AVE CAMERAS Public Safety Police 1 07-30-2021 b 1 1%675,000 - 152,193 0.41%522,806 Planning #50 ALTON RD. CORRIDOR CAMERAS Public Safety Police 1 08-30-2021 b 1 1%211,999 - 15,999 0.04%195,999 Planning #54 MARINE PATROL FACILITY Public Safety Capital Improvement Projects 1 01-31-2024 1 1%2,700,000 - - 0.00%2,700,000 Planning #1 72 ST. COMMUNITY COMPLEX Parks Capital Improvement Projects 1, 2 02-19-2024 1 1%10,800,000 445,076 1,600,399 4.31%8,754,524 Planning #40 PART 1 REVITALIZE 41 STREET Infrastructure Capital Improvement Projects 1 05-21-2025 1 1%1,397,000 - 158,054 0.43%1,238,946 Planning Sum 48 65%$21,147,323 $445,076 $1,954,752 5%$18,747,491 Planning Count 8 11%8 8 8 0.00%8 Pending #29 PART 1 WEST LOTS Parks Economic Development 1 (blank)1 1%1,000,000 - - 0.00%1,000,000 Pending #5 FLAMINGO YOUTH CENTER FACILITY Parks Capital Improvement Projects 1 (blank)1 1%15,400,000 - - 0.00%15,400,000 Pending #13 NORTH SHORE PATH & FIELDS Parks Capital Improvement Projects 2 (blank)1 1%2,944,000 - - 0.00%2,943,999 Pending Sum 21 28%$19,344,000 $0 $0 0%$19,343,999 Pending Count 3 4%3 3 3 0.00%3 Grand Total 74 100%$151,138,969 $22,457,241 $37,116,869 100%$91,564,794 b= The anticipated end date is of the phase, not of the entire project. CITY OF MIAMI BEACH 5/17/2021 - 1:02 PM TR A N C H E  1  PR O J E C T  CH A L L E N G E S    Ma y  20 ,  20 2 1   No .    Pr o j e c t   Ch a l l e n g e s   Bu d g e t   Im p a c t   Sc h e d u l e   Im p a c t   Ac t i o n  Items   1   #1  72 n d  St .   Co m m u n i t y   Co m p l e x   1. Co s t  es t i m a t e s  fr o m  al l  ra n k e d DB  fi r m s  ca m e  in  ov e r  bu d g e t . Ye s   Ma y b e   1. Ne g o t i a t e  wi t h  to p  ra n k e d  firm  to  bring  project in t o  bu d g e t .  If  no t  po s s i b l e ,  try  negotiating  with se c o n d  ra n k e d  fi r m ,  an d  so  on. 2. Fi n a n c e  & Ec o n o m i c  Re s i l i e n c y  Committee Me e t i n g  in  Ma y  to  di s c u s s  possible  additional so u r c e s  fu n d i n g . 2  3  4  5   SAMPLE Ex h i b i t C NEW TRANCHE 1 PROJECTS Project Name Budget Tranche 1 Budget Dept 1 #23 Bay Garden Manor Link $ 1,350,000 $ 1,350,000 CIP 2 #23 South Bay Club Link $ 2,800,000 $ 2,800,000 CIP 3 #23 Bayview Terrace Link $ 850,000 $ 850,000 CIP 4 #46 Ocean Rescue North Beach Facility $ 5,000,000 $ 1,000,000 CIP 5 #5 Flamingo Park Masterplan $ 15,150,000 $ 15,150,000 CIP 6 #52 LED Lighting in Parks - Flamingo Park $ 2,700,000 $ 2,700,000 CIP 7 #31 Ocean Drive Corridor $ 20,000,000 $ 2,000,000 Econ Dev / CIP 8 #36 Washington Ave Corridor $ 10,000,000 $ 1,000,000 Econ Dev / CIP 9 #13 North Shore Park – Other Improvements $ 795,000 $ 795,000 Parks 10 #18 Scott Rakow - Flooring $ 640,000 $ 640,000 Parks $ 59,285,000 $ 28,285,000 Exhibit D Exhibit E WEBSITE / SOCIAL MEDIA 1 Exhibit F NEWS ANNOUNCEMENTS 1 MEETINGS 1 Upcoming: Passed: