552-2007 RDA ResoRESOLUTION NO. 552-200
A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI
BEACH REDEVELOPMENT AGENCY, ADOPTING AND APPROPRIATING
THE MIAMI BEACH REDEVELOPMENT AGENCY CAPITAL BUDGET FOR
FISCAL YEAR 2007/08 AND ADOPTING THE CAPITAL IMPROVEMENT
PLAN FOR FISCAL YEARS 2007/08 THROUGH 2011/12.
WHEREAS, the 2007/08 - 2011 /12 Capital Improvement Plan (CIP) for the City of Miami
Beach and the Miami Beach Redevelopment Agency (RDA) is a five year plan for public
improvements and capital expenditures by the City; and
WHEREAS, this document is an official statement of public policy regarding long-range
physical development in the City of Miami Beach; and
WHEREAS, on July 21, 1999 the Commission approved the FY 1999 - FY 2004 CIP for
the City and the Redevelopment Agency; and
WHEREAS, the Proposed Capital Budget itemizes project funds to be committed during
the upcoming fiscal year detailing expenses for project components which include: architect and
engineer, construction, equipment, art in public places, and other related project costs; and
WHEREAS, on September 20, 2007 the FY 2007/08 Proposed Capital Budget and
updated Capital Improvement Plan were discussed at a joint meeting of the Finance and Citywide
Projects Committee and the General Obligation Bond Oversight Committee; and
WHEREAS, the proposed RDA Capital Budget for FY 2007/08, as amended, therefore
totals $24,234,167.
NOW, THEREFORE, BE IT RESOLVED BY THE CHAIRMAN AND MEMBERS OF THE MIAMI
BEACH REDEVLOPMENT AGENCY, that they hereby adopt and appropriate, the City of Miami
Beach/Miami Beach Redevelopment Agency Capital Budget for Fiscal Year 2007/08 and adopt the
Capital Improvement Plan for Fiscal Year 2007/08 through 2011/12.
PASSED AND ADOPTED THIS 26thDAY OF September 2007.
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Date
General Counsel
REDEVELOPMENT AGENCY ITEM SUMMARY
Condensed Title:
A resolution of the Chairman and Members of the Miami Beach Redevelopment Agency, adopting and
appropriating the Miami Beach Redevelopment Agency Capital Budget for Fiscal Year 2007/08 and
ado tin the Ca ital Im rovement Plan for Fiscal Years 2007/08 throu h 2011/12,
Ke intenaea outcome su ortea:
Ensure well designed quality capital projects -- Increase Community Satisfaction with City Services
Supporting Data (Surveys, Environmental Scan, etc.): Based on the 2007 community survey, recently
completed capital projects were highly rated by both residents and businesses. However, they are also a
major driver of perceptions of value of services for tax dollars paid, whether the City is better or worse than
a few years ago, and overall quality of life. Road conditions, parking, and storm drainage are capital-
related areas still identified as key areas of focus.
Issue:
Should the Chairman and Members of the Miami Beach Redevelopment Agency, adopt and appropriate
the Miami Beach Redevelopment Agency Capital Budget for Fiscal Year 2007/08 and adopt the Capital
Improvement Plan for Fiscal Years 2007/08 through 2011/12?
Item Summa /Recommendation:
The CIP was created as a plan for projects that require significant capital investment and is intended to
serve as an official statement of public policy regarding long-range physical development in the City of
Miami Beach and the Miami Beach RDA, establishing priorities for the upcoming five year period, FY
2007/08 - 2011/12. The first year of the CIP is recommended for approval as the FY 2007/08 Capital
Budget.
Subsequent to the release of the Proposed CIP and Capital Budget, the following revisions were made:
• Correct $200,000 for funding for the 16th Street Anchor garage to be funded from the RDA Anchor
Garage Fund and $15,500 for CCTV to be funded from Parking Operations rather than both being
funded from 1997 Parking Revenue Bonds.
Advisory Board Recommendation:
On September 20, 2007 the Proposed Capital Budget and updated Capital Improvement Plan was
discussed at a joint meeting of the Finance and Citywide Projects Committee and the GO Bond
Oversight Committee.
Financial Information:
Source of Amount Account
Fund 1 $24,234,167 City Center RDA
2
O P Total $24,234,167
Financial Impact Summary:
Clerk's Office Legislative
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Department Director ~ Assistant City Manager ~ City Manager
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~ MIAMI BEACH
RDA.doc
AGENDA ITEM 13I,,
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m MIAMIBEACH
City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachFl.gov
REDEVELOPMENT AGENCY MEMORANDUM
TO: Chairman David Dermer and Members of the Miami Beach Redevelopment Agency
FROM: Jorge M. Gonzalez, Executive Director
r
DATE: September 26, 2007
SUBJECT: A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI BEACH
REDEVELOPMENT AGENCY, ADOPTING AND APPROPRIATING THE MIAMI
BEACH REDEVELOPMENT AGENCY CAPITAL BUDGET FOR FISCAL YEAR
2007/08 AND ADOPTING THE CAPITAL IMPROVEMENT PLAN FOR FISCAL
YEARS 2007/08 - 2011/12
ADMINISTRATION RECOMMENDATION
Adopt the Resolution.
BACKGROUND
Planning for capital improvements is an ongoing process; as needs change within the City's
Redevelopment District (RDA), 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 and RDA capital development, improvements
and associated needs.
The RDA capital improvement plan process began in the spring when all departments are
asked to prepare their own capital improvement program containing information on the
department's ongoing and proposed capital projects. Individual departments prepare
submittals identifying potential funding sources and requesting commitment of funds fortheir
respective projects. The proposed document is reviewed by the City Manager, and upon
approval, is submitted to the Finance and Citywide Projects Committee, General Obligation
Bond Oversight Committee and the City Commission/Redevelopment Agency Board forfinal
approval and adoption.
The CIP was created as a plan for projects that require significant capital investment and is
intended to serve as an official statement of public policy regarding long-range physical
development in the City of Miami Beach. The CIP specifies and describes the City's capital
project plan and establishes priorities for the upcoming eve year period.
Individual projects within neighborhood areas have been combined to create "packages" of
projects that address the neighborhood needs for infrastructure upgrades, traffic flow,
enhancements, etc. This comprehensive approach minimizes disruptions and generates
costs savings. The projects address many needs in different areas of the City including:
neighborhood enhancements such as landscaping, sidewalk restoration, traffic calming,
parking, drainage improvements and roadway resurfacing/reconstruction; park renovation
and upgrades; and construction or renovation of public facilities.
RDA Memorandum
Resolution Adopting FY 2007/08 Capital Budget and FY 2007/08 - 2011/12 CIP for the RDA
September 26, 2007
Page 2
On July 21, 1999, the Commission approved the FY 1998/99 - FY 2004/05 Capital
Improvement Program (CIP) for the City and the Redevelopment Agency and the City's first
Capital Budget was adopted concurrently with the Fiscal Year (FY) 2001- 2002 operating
budget. It included the portion of the five year plan that would be committed during that
fiscal year.
The Administration is presenting the proposed FY 2007/08 Capital Budget and the updated
CIP for FY 2007/08 - 2011/12, following a comprehensive review of the CIP to insure that
the Plan accurately reflects all project budgets, funding sources and commitments, for
adoption by the City Commission.
ANALYSIS
Capital Improvement Plan
The FY 2007/08 - 2011/12 CIP for the City of Miami Beach and the RDA is a five year plan
for public improvements and capital expenditures by the City and the RDA. This document
is an official statement of public policy regarding long-range physical development in the City
of Miami Beach and the RDA. The approved Capital Improvement Plan has been updated to
include projects that will be active during the fiscal years 2007/08 through 2011/12.
The Plan has been updated to include additional funding sources that have become
available, changes in project timing, and other adjustments to ongoing projects as they have
become better defined. Certain adjustments have been made to reclassify previously
appropriated funds from a cash flow basis to a commitment basis for budgeting purposes;
other project appropriations have been adjusted to reflect projects that have been
reconfigured, re-titled, combined with or separated from other projects and/or project
groupings. Adjustments for appropriations that were made at the funding source level rather
than at a project level have also been included. These adjustments have no fiscal or cash
impact and are as a result of a comprehensive review of the program to insure that our plan
accurately reflects all project budgets, funding sources and commitments.
Capital Budget
The Proposed Capital Budget for the RDA distributed August 30, 2007 for FY 2007/08
totaled $24,234,167 for projects and capital equipment acquisitions recommended for
appropriation in conjunction with the FY 2007/08 Operating Budget. It itemizes project funds
to be committed during the upcoming fiscal year detailing expenses for project components
which include: architect and engineer, construction, equipment, art in public places, and
other related project costs. Additionally, the projected costs of program manager services
are included. Capital reserves, debt service payments, and other capital purchases found in
the Operating Budget are not included in this budget.
On September 20, 2007 the FY 2007/08 Proposed Capital Budget and updated Capital
Improvement Plan was discussed at a joint meeting of the Finance and Citywide Projects
Committee and the General Obligation Bond Oversight Committee. A presentation was
made outlining the neighborhood enhancements, park renovation and upgrades,
construction of new facilities, and upgrades to utility systems that were planned for FY
2007/08. Copies of the draft Proposed Capital Budget for FY 2007/08 and the updated
Capital Improvement Plan were distributed to each member in advance. Assistant City
RDA Memorandum
Resolution Adopting FY 2007/08 Capital Budget and FY 2007/08 - 2011/12 CIP for the RDA
September 26, 2007
Page 3
Managers, the Capital Improvement Project Office Director, Director of Budget and
Performance Improvement, other Department Directors, and other City staff were available
to discuss specific projects and respond to the Committee's questions.
CONCLUSION
The Administration recommends adoption of the attached Resolution, which establishes the
Capital Budget for the RDA for Fiscal Year 2007/08 and the Capital Improvement Program
for Fiscal Years 2007/08 - 2011/12.
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