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2010-27510 Resoi RESOLUTION NO. 2010-27510 A RESOLUTION BEACH, FLORI[ APPROPRIATIOI BUDGET, IN THI )F MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI A, ADOPTING THE ANNUAL FISCAL YEAR (FY) 2010/11 FOR THE CAPITAL RENEWAL AND REPLACEMENT FUND AMOUNT OF $1,777,254. WHEREAS, the Mayor and Commission adopted Resolution No. 2004-25697 on September 28, 2004, establishing a capital renewal. and replacement reserve to provide a dedicated source of funding for capital renewal and replacement projects that extend the useful life of General Fund assets; and; WHEREAS, the Mayor and Commission adopted Resolution No. 2005-25832, on February 23, 2005, amending Resolution No. 2004-25697, to provide for more stringent criteria for allowable uses of the Fund; and i WHEREAS, the City currently maintains a vast number and variety of buildings, structures and facilities, hundreds of acres of recreational and open space, significant public works, and hundreds of miles of streets, sidewalks- and. alleys; and WHEREAS, as a result of the City s ongoing Capital Improvement Program, and the Miami- Dade County General Obligation Bond Program, there has been a significant additional increase in capital renewal and replacement needs; and WHEREAS, ann I al capital renewal and replacement needs compete for General Fund resources with other needs, such as public safety, with the result that capital renewal and replacement needs may be deferred; and WHEREAS, on September 15, 2010, the Mayor and City Commission tentatively adopted the proposed millage rate- of 6.2155 mills, which included 0.1083 mills dedicated for capital renewal and replacement; and WHEREAS, the the FY 2010/11 Capital NOW THEREFO THE CITY OF MIAMI BE 2010/11 project-specific amount of $1,777,254, a PASSED and ATTEST: ity Manager's proposed operating Budget sets.forth the recommendation for renewal and Replacement Fund appropriation amounts for specific projects. RE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF ~.iACH, FLORIDA that the Mayor and City Commission hereby adopts th'e FY appropriations for the Capital Renewal and Replacement Fund Budget, in the s more specifically provided in Attachment "A" hereto. DOPTED this 20th day of September. 2010. May r ~~ ~!~~ -City Clerk APPROVED AS TO FORM & LANGUAGE & FC)N EXECUTION ~~ ~ ~I rn ~ ate ,; Condensed Title: COMMISSION ITEM SUMMARY I A resolution of the Mayor and City Commission of The City of Miami Beach, Florida, adopting the Fiscal Year FY 2010/11 bud et for the Ca ital Renewal and Re lacement Fund, in the amount of $1,777,254. ~ ~ ~ Ke Inten ded Outcome Su orted: Improve the City's overall financial health and maintain overall bond rating Ensure well-maintained facilities Ensure well-maintained infrastructure Supporting Data (Su the Facility Cost Index rveys, Environmental Scan, etc.): The City has improved with 72% of facilities on ratings scoring below 0.15 (good or better) during FY 2007/08 as compared to 35% in FY 2005/06. This i s in part due to the fact that as of FY 2004/05 the City implemented a dedicated General Fund millage for renewal and replacement to ensure these maintenance needs are addressed. Between FY 2004/05 and FY 2009/10 the City allocated over $14 million in renewal and replace j ent ro'ect fundin Issue: ~ Shall the Mayor and Ci for the Capital Renew ty Commission adopt the attached resolution which adopts the FY 2010/11 budget al and Replacement Fund? o ~ Item Summa /Rec mmendation: In FY 2004/05, the Ci ty established a capital renewal and replacement reserve to provide a dedicated source of funding for c assets and adopted s apital renewal and replacement projects that extend the useful life of General Fund tringent criteria for allowable uses of the Fund. These criteria require than the Commission approve specific projects to be funded each year. On September 15, 201 I 0, the Mayor and City Commission tentatively adopted the proposed millage rate of 6.2155 mills, which inc luded 0.1083 mills dedicated for capital renewal and replacement; and providing $1,777,254 for Capital Renewal and Replacement needs. The attached Resoluti 1 on specifies the FY 2010/11 project appropriations for the General Fund Renewal and Replacement. ~ Adviso Board Recommendation: In 2004, the Budget Advisory Committee recommended the implementation of a dedicated millage for General Fund renewal and replacement. i Financial Irnfnrmatinn Source of ~ Amount Account Funds: 1 $1,777,254 General Fund millage of 0.1083 dedicated for Capital Renewal and Re I acement ` ~2 O To tal 1 Financia Impact S ummary: Cit Clerk's Office Le islative Trackin Si n-Offs: .Department Director Assistant City Manager Q I / ®.~- m MIAMIBEACH Manager ~1 C A~e~~r~~ ~rann t m MIAMIBEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, vvww.miamibeachN.gov COMMISSION MEMORANDUM TO: Mayor Matti Herrera Bower and Members of the City Commission i FROM: Jorge M. Gonzalez, City Manager ~ DATE: September 20, 2010 t SUBJECT: A RESOLUTION OF THE MAYOR A CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE ANNUAL FISCAL ~ YEAR (FY) 2010/11 APPROPRIATION FOR THE CAPITAL RENEWAL AND REPLACEMENT FUND BUDGET IN THE AMOUNT OF $1,777,254. ADMINISTRATION RECOMMENDATION Adopt the Resolution. BACKGROUND The City currently n hundreds of acre hundreds of miles levels provide for m deferred many yet improvement progr Bond Program, the In FY 2004/05 the C be used exclusive) from the fund are rE budget process, an or replace the usef On September 15, millage rate of 6.21 replacement. The in the General Fun• CONCLUSION The City Coma the Capital Rer to the attached laintains a vast number and variety of buildings, structures and facilities; of recreational and open space, significant public art 'pieces, and of streets, sidewalks and alleys. It is important to ensure .that funding ajor capital renewal and replacement projects and these projects are not rs beyond their useful life. Further, as a result of the ongoing capital gym, in addition to funding from Miami-Dade County's General Obligation' ~e has been a significant increase in maintenance needs. ' ~ ~ity established a separate reserve with a dedicated source of funding to ~ for facility renewal and replacement of capital items. Appropriations viewed and approved each year by the City Commission as part of they 1 are used exclusively for those capital expenditures that help to extendC al life of our facilities. ~ a '010, the Mayor and City Commission tentatively adopted the proposed ~5 mills, which included 0.1083 mills dedicated for capital renewal and .1083 mills will provide $1,777,254 for renewal and replacement funding for FY 2010/11, its seventh year since inception. i i n should adopt the annual FY 2010/11 project-specific appropriations for and Replacement Fund Budget in the amount of $1,777,254, pursuant elution. JMG:KGB:JC I G ATTACHMENT A i City of Miami Beach ' Fiscal Year 2010/11 General Fund Capital Renewal and Replacement Projects LIFE SAFETY HAZARD CATEGORY j Asset Project Over 25k ~ Cumulative Total Police- Station Halon System Replacement 71,821 71,821 Building Replace Halon system serving main IT computer room, with FIKE 25 system in order to be in compliance with Code requirements and National Fire Protection ' Association Standards (NFPA 72) for Clean Agent Fire , ` Exti I guishing systems. Halon system replacement ~ recommended b VFA assessment. Police HQ & Fire Alarm Replacement 240,732 312,553 Parking Garage Repl ace system due to antiquated features and com addr munications linkage issues. System lacks essable elements. ! Police Station Firin g Range Ventilation System Replacement (a) 370,000 i 682,553 Building Fire Stations 911 Alerting System Replacement (a) 173,500 856,05 3 i NOT LIFE SAFETY HA ZARD BUT BEYOND USEFUL LIFE CATEGORY ~ Asset Proj ect Over 25k !Cumulative Total 21 St Ceiling and Lighting Fixture Replacements and 53,663 ~ 909.,71 6 Community Sprinkler Head Adjustments I Center Replace worn acoustical ceiling tiles and outdated lighting fixtures. Fire sprinkler heads to be adjusted to prop] r height to correct fire code violation. I { City Hall Electrical Upgrades 350,057 ~ 1,259,773 Includes: 1) Replacement of electrical switchgear at ~ City Hall due to deteriorated condition. Scope includes I ~ replacement of the main Emergency Distribution Switchboard (800 Amp., @ 220/480 Volt, 3-phase) and I the Main Distribution Switchboard (3,000 Amp. @ ` 227/480 Volt, 3-Phase), in accordance with approved ~ design and specifications. It was necessary to expand the project scope to include the construction of an ~ exterior extension of the existing electrical room in orde ~ to accommodate the new switchgear without affecting the City Hall operations. 2} IT Electric Closet Replacement -Planning. Scope entails the replacement of electrical panels with obsolete replacement parts that have exceed their useful life C r I E _ City of Miami Beach Fiscal Year 2010/11 General Fund Ca ital Renewal and Re lacement Pro'ects Continued , Fire Station # 2 Roof Replacement 179,732 ~ 1,439,505 Support Roof is damaged and leaking. Water intrusion is Building causing interior damage and replacement is required. Flamingo park Pool Deck Fence Replacement 143,066 1,582,571 Existing fence is extremely corroded and presents a saf ty issue. City Hall .Repaint Building 83,695 1,666,265 Facility needs to be sealed and repainted. Miami Beach Paint Building 30,261 ' 1,696,526 Golf Course Paint and waterproof exterior building walls due to Clubhouse damage and peeling. ~ 4 ~ SUBTOTAL ~ 1,696,526 ~ CONTINGENCY ! 80,728 ' ~ TOTAL ~ 1,777,254