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2012-28017 Reso RESOLUTION NO. 2012-28017 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA,APPROVING THE CAPITAL IMPROVEMENT PLAN FOR FISCAL YEARS (FY) 2012/13-2016/17 AND APPROPRIATING THE CITY OF MIAMI BEACH CAPITAL BUDGET FOR FY 2012/13 WHEREAS, the FY 2012/13-2016/17 Capital Improvement Plan(CIP)for the City of Miami Beach is a five year plan for public improvements and capital expenditures by the City, this document is an official statement of public policy regarding long-range physical development in the City of Miami Beach; and WHEREAS, the first year of the FY 2012/13 — 2016/17 CIP represents the Capital Budget appropriation for FY 2012/13; and WHEREAS,since that time the City has issued additional General Obligation Bonds pursuant to referendum; Water and Sewer Revenue Bonds; Stormwater Revenue Bonds; 2001, 2006 and 2010 Gulf Breeze Loans; 2010 Parking Bonds; 2011 Stormwater Bonds; a $15 Million Equipment Loan; and WHEREAS, beginning in FY 2005/06, the City committed to funding a Pay-As-You-Go component of the capital budget funded from General Fund Revenues, as well as committing to using Resort Tax Quality of Life funds in North, Middle, and South Beach for capital projects; and WHEREAS,the approved CIP has been updated to include projects that will be active during FY 2012/13 through 2016/17; 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 July 9, 2012 and August 22, 2012 the FY 2012/13 capital funding priorities were discussed at meetings of the Finance and Citywide Projects Committee and adjustments were made to the funding recommendations presented; and WHEREAS,subsequent to the August 22,2012 Finance and Citywide Projects Committee an additional $102,526 in FY 2012/13 South Beach Quality Of Life funding was proposed for the 6th Street Restroom project due to cost increases in the project, the Citywide Dune Restoration and Enhancement project totaling $433,663 was moved from future years to be funded in the FY 2012/13 Budget per recommendation from the Neighborhood and Community Affairs Committee, Collins Park Parking Garage's FY 2012/13 funding request was adjusted to $10,197,031 due to availability of additional City Center Redevelopment District Funding and the FY 2013/14 appropriation is adjusted to $12,223,270 accordingly, FY 2012/13 AIPP funding of $213,591 for Sunset Harbor Garage was removed as sufficient funding was available from project contingency, the Multi-Purpose Parking Facility Remediation project was created with a FY 2012/13 $700,000 funding request from the original Multi-Purpose Parking Facility project; and WHEREAS,the Capital Budget for FY 2012/13 therefore totals$66,839,009 with$51,356,349 ($66,839,009 Net of the City Center RDA and Anchor Garage appropriation of $15,482,660) recommended for appropriation at this time for projects and capital equipment acquisitions; and WHEREAS, based on current project schedules,additional water and sewer,and stormwater financings are financed over a series of years; and WHEREAS, under this approach, the City utilizes a line of credit to allow the necessary rate capacity to issue additional tax-exempt bonds through rate increases and also spend down the current committed but unspent bond proceeds; and WHEREAS,the proposed sources of funding for the FY 2012/13 Capital Budget are included in "Attachment A"; and WHEREAS,the proposed projects to be appropriated with the FY 2012/13 Capital Budget and the five-year CIP are included in Attachment"B"; and WHEREAS, In FY 2012/13, $1,680,052 in unappropriated funds will be transferred from 1% Quality of Life Resort Tax Fund to the following funds:South Beach Quality of Life Resort Tax Fund ($362,104), North Beach Quality of Life Resort Tax Fund ($662,931), and Middle Beach Quality of Life Resort Tax Fund ($655,017). NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby adopts the Capital Improvement Plan for FY 2012/13 through 2016/17; and appropriates the City of Miami Beach Capital Budget for FY 2012/13 and transfers $1,680,052 in unappropriated funds from 1% Quality of Life Resort Tax Fund to the following funds:South Beach Quality of Life Resort Tax Fund ($362,104), North Beach Quality of Life Resort Tax Fund ($662,931), and Middle Beach Quality of Life Resort Tax Fund ($655,017). PASSED AND ADOPTED THIS 27" DAY OF SEPTEMBER 2012. �Q'••''• ' M YOR Attest: :INCORP ORATED: CITY CL RK CH 26 APPROVED AS TO FORM &LANGUAGE &FOR EXECUTION City AttckAey D to ATTACHMENT A FY 2011/12 CAPITAL BUDGET SUMMARY OF FUNDING SOURCES Program Area Funding Bridges $513,068 Environmental $2,348,625 Parkin Lots $1,688,600 Seawalls $1,882,662 Convention Center $1,935,000 Equipment $7,136,940 General Public Buildings $1,061,158 Golf Courses $796,168 Parking Garages $10,897,031 Parks $4,536,949 Renewal and Replacement $4,668,721 Street/Sidewalk/Streetsca a Improvements $22,391,357 Utilities $3,784,737 Transit/Transportation $3,197,993 Total $66,839,009 Net of the City Center RDA and Anchor Garage -$15,482,660 Total Proposed Appropriations as of 9127112 $51,356,349 lion t 0 0 0 cs 94 so c,:, g 07 K NO o AtM 0 c 6, :� 06 gal 10 6 1� i Ao,, W-1 A !i r, ,vo CD co" 0 N U) LD 0 no^A 7* 1". 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Key Intended Outcome Supported: Ensure well designed quality capital projects—Increase Community Satisfaction with City Services Supporting Data(Surveys,Environmental Scan,etc.):Based on the 2012 Community Survey,storm drainage was identified as an area for improvement,although improved from prior years;arts and culture was one of the services identified that the city should strive not to reduce; and traffic flow, conditions of roads, and availability of public parking,were all identified as key drivers of overall satisfaction levels. Further,the following have been prioritized as key intended outcomes for the City's Strategic Plan: Increase satisfaction with family recreational activities,Improve Convention Center facility,Enhance mobility throughout the city,Improve parking availability,Ensure value and timely delivery of quality capital projects,Maintain City's infrastructure,Improve Storm drainage system,Improve processed through Information Technology. The Proposed FY 2012/13 Capital Budget and the Proposed CIP for FY 2012/13 through 2016/17 includes funding for capital projects to address each of these priorities. Issue: Should the Commission appropriate the City of Miami Beach FY 2012/13 Capital Budget and adopt the Capital Improvement Plan CIP for FY 2012/13 through 2016/17? Item Summary/ ecommendation: 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,establishing priorities for the upcoming five year period, FY 2012/13—2016/17. The first year of the CIP is recommended for appropriation as the FY 2012/13 Capital Budget with $51,356,349($66,839,009 net of the City Center RDA and Anchor Garage appropriation of$15,482,660)recommended for appropriation at this time. Advisory Board Recommendation: On July 9,2012 and August 22,2012 the Proposed Capital Budget and updated CIP was discussed at meetings of the Finance and Citywide Projects Committee and adjustments were made to the funding recommendations resented. Financial Information: Source of Amount Account Funds: 1 $51,356,349 Various-See attachment A of Resolution FY 2012/13 OBPI Total Financial Impact Summary: City Clerk's Office Legislative Tracking: Sign-Offs: Department Director Assistant City Manager City nager AGENDA ITEM R7C MIAMIBEACH DATE ?-077-12- MIAMI BEACH City of Miami Beach, 1700 Convention Center Drive,Miami Beach,Florida 33139,www.miamibeachfl.gov COMMISSION MEMORANDUM TO: Mayor Matti Herrera Bower and Members of the City Commission FROM: Kathie G. Brooks Interim City Manager DATE: September 27, 2012 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE CAPITAL IMPROVEMENT PLAN FOR FISCAL YEARS (FY) 2012/13=2016/17 AND APPROPRIATING THE CITY OF MIAMI BEACH CAPITAL BUDGET FOR(FY)2012/13 ADMINISTRATION RECOMMENDATION Adopt the Resolution. BACKGROUND Planning for capital improvements is an ongoing process; as needs change within the City, capital programs and priorities must be adjusted. The Capital Improvement Plan ("CIP") serves as the primary planning tool for systematically identifying, prioritizing and assigning funds to critical City capital development, improvements and associated needs. The City's capital improvement plan process begins in the spring when all departments are asked to prepare capital improvement updates and requests on the department's ongoing and proposed capital projects. Individual departments prepare submittals identifying potential funding sources and requesting commitment-of funds for their respective projects. In the spring of 2006, the City created a Capital Budget Process Committee comprised of the Capital Improvements Office, Department of Public Works, Planning Department, Fire Department, Parks and Recreation Department, Parking Department, and Fleet Management Department, together with the Finance Department and the Office of Budget and Performance Improvement.The Committee is responsible for reviewing and prioritizing new capital projects that will be funded in a given fiscal year, and for recommendation of funding allocations from authorized sources for the prioritized projects. The Committee developed and implemented a structured committee process for development of the Capital Plan and Budget, including review criteria projects must meet in order to be considered for funding. Under the Capital Budget Process Committee process, departments submit proposed new project requests which staff reviews, there is a sign-off by impacted departments, and a preliminary prioritization of the projects. The process is reviewed and refined annually by the Committee. Based on the direction received from the Finance and Citywide Projects Committee in February 2008,the process was modified to allow for early input to the prioritization process by the Commission, subject to the availability of funds. Under the revised process, a preliminary list of unfunded projects is presented to the Commission or the Finance and Citywide Projects Committee, providing the opportunity for input and prioritization. This is City Commission Memorandum Resolution Adopting and Appropriating FY 2012/13 Capital Budget and FY 2012/13—2016/17 CIP September 27, 2012 Page 2 consistent with the process for Commission input regarding operating budget priorities and the format used is similar to that used to seek guidance on operating budget priorities in prior years. The Capital Budget is adopted at the second budget hearing in September. COMMITTEE REVIEW On July 9, 2012 and July 25, 2012, capital funding priorities were discussed at meetings of the Finance and Citywide Projects Committee. The Interim City Manager, Assistant City Managers,the Capital Improvement Project Office Director,other Department Directors,and other City staff were available to discuss specific projects and respond to the Committee's questions. Per the direction of the Finance and Citywide Projects Committee at their July 9, 2012 meeting, the following changes were made: North Beach Town Center Complete Streets in the amount of $1,671,724 was recommended to be more appropriately funded in future years through Miami Dade County Interlocal funding rather than using North Beach Quality Of Life funds. • South Point Pier's funding was changed from South Beach Quality of Life to South Point Capital totaling $568,428 as a more suitable funding source. • Five Parks and Recreation projects(Crespi Park Field Renovation-$88,500,Fisher Park irrigation system restoration - $49,800, Flamingo Park Madvac System - $37,570, Stillwater Park Sports Field Landscape and irrigation - $115,450, and Tatum Park Sand Volleyball Construction-$90,751)were moved from future years to be funded in the FY2012/13 budget. • 1100 Lincoln Road Uplighting Replacement was removed as it was already reflected as a Capital Renewal and Replacement project. Subsequent to both Finance and Citywide Projects Committee meeting on July 9,2012 and July.25, 2012, the following changes were made: • Sixth Street Restrooms had an additional $102,526 in South Beach Quality Of Life funding due to cost increases in the project. The Citywide Dune Restoration and Enhancement project totaling $433,663 was moved from future years to be funded in the FY 2012/13 budget per recommendation from the Neighborhood and Community Affairs Committee. • Collins Park Parking Garage's 2012/2013 funding request was decreased to $10,197,031 as this project is funded over two years (FY2012/13 and FY2013/14) and the FY2013/14 appropriation is $12,223,270. • FY 2012/13 AIPP funding for Sunset Harbor Garage was removed as ,there was sufficient available project contingency. A The Multi-Purpose Parking Facility Remediation project was created with a$700,000 funding request from the original project. The following funding for capital projects are programmed in the FY 2011/12—FY 2015/16 CIP as a result. City Commission Memorandum Resolution Adopting and Appropriating FY 2012/13 Capital Budget and FY 2012/13-2016/17 CIP September 27, 2012 Page 3 FY 2012/13 FUNDING NEEDS FOR EXISTING PROJECTS INCLUDING PREVIOUSLY PROGRAMMED FUNDING Project FY12/13 proposed Bayshore Central - Bid Pack A 246,006 Bayshore, North Bay Road Bid Pack B 140,144 Bayhshore Lake Pancoast Bid Pack C 14,000 Bayshore Neigh Sunset Island 1 &2 Bid Pack E 98,781 Bayshore Neigh Sunset Island 3&4 Bid Pack D 745,500 West Avenue 30,000 Middle Beach Rec Corridor Ph II 2,550,000 Baywalk Phase 1 187,993 Property Management Facility 130,996 Flamingo Park(net of$700,000 repayment from Miami-Dade 518,567 Count GOB Par 3 Golf Course Master Plan 796,168 6th Street Restrooms 140,162 NSOSP Replacement Fitness Circuit/Trail 99,000 Fire Station#2 Training Annex 82,200 Polo Park Playground Renovation 146,500 Collins Park Parking Garage 10,197,031 Collins Canal Enhancement Project 1,400,000 Lincoln Road Landscaping FY 2013 150,000 Seawall-Botanical Garden/Collins Canal 1,208,662 Flamingo 10g-6 Street ROW improvements 2,500,000 South Pointe Pier 568,428 Convention Center-Replace Disconnects of Cooling Towers 45,000 Convention Center- Replacement of Exhibit Hall Chairs 700,000 Property Management Facility- Relocation of Parking Meter 708,000 and Sign Shop Surface lot 9E @ Harding Ave&71 St. 40,000 Closed Circuit Television System 80,000 Closed Circuit Television System Penn Garage 20,000 Surface lot 12X @ 9th street and Washington Ave. 40,000 Surface Lot 22X N Shore Youth Center 381,600 Surface Lot 24C 6972 Bay Drive 323,300 Surface Lot 25X 7061 Bonita Drive 127,200 Surface Lot 8H 4001 Prairie Ave. 556,500 Surface Lot P48 Bass Museum Lot 220,000 City W Curb Ramp Installation/Maint 10,000 Crosswalks-Phase II 100,000 Pedestrian Crossing Improvements 200,000 ROW Improvement Project 430,000 West Avenue Bridge Over Collins Canal 485,000 Speed Limit Radar Unit 15,000 West Ave Bridge Over Collins Canal 28,068 ROW Mtce- Ph. 11 371,190 Total $26,830,996 City Commission Memorandum Resolution Adopting and Appropriating FY 2012/13 Capital Budget and FY 2012/13—2016/17 CIP September 27, 2012 Page 4 In addition the following projects previously unfunded in future years were recommended for funding: Muss Park Kayak Launch 204,750 Seawall-Muss Park Rehabilitation 674,400 Cres i Park Field Renovation 88,500 Fisher Pk Irrigation System Restoration 49,800 Flamingo Park Madvac System 37,570 Stillwater Park Sports Field Landscape& Irrigation 115,450 Tatum Park Const 2 Outdoor Sand Volleyball 90,751 Total $1,261,221 The following new projects were recommended for FY 2012/13 funding at the Finance and Citywide Projects Committee meetings: New Projects for FY 2012/13 FY 2012/13 Proposed Beach Access Gates 143,000 Citywide Dune Restoration and Enhancement 433,663 Alton Road Irrigation System from 5th Street to Michigan Avenue 140,000 Collins Ave 5th Street to Lincoln Rd 450,486 Aluminum Streetlighting Pole Replacement City Center RDA 200,000 Beachwalk Lighting Retrofits 665,625 Euclid Ave. Improvements at Lincoln Rd (City Center) 416,820 South Pointe Park Playground Fence 184,000 54 Inch Diameter Sewer Force Main Rehab/Replacement(two pipe 1,200,000 Convention Center- Installation of ADA automatic doors 35,000 Convention Center- Interior Bus Duct Replacement 250,000 Convention Center- Replacement of C ballroom and D catwalk 30,000 Convention Center- Replacement of ballroom C&D Carpet 400,000 Convention Center-Replacement of one 4000 amp main breaker 85,000 Convention Center- Infrared testing to include maintenance of all 150,000 Convention Center- Replacement of eight(8)three-way chilled 40,000 Convention Center- Replacement of two(2) 100 ton chilled water 200,000 License Plate Recognition Vehicles and Handhelds 350,000 Master Meter Phase IV 1,682,400 Revenue Control Equipment upgrade PH 1 494,000 Miami Beach Transportation Improvement and Implementation 150,000 Total $7,699,994 In addition the FY 2012/13 Capital Budget reflects $3.3 million in repayment from South Pointe Capital Funds to Parking Funds for the 5th Street and Alton Road Joint Venture. City Commission Memorandum Resolution Adopting and Appropriating FY 2012/13 Capital Budget and FY 2012/13—2016/17 CIP September 27, 2012 Page 5 The following projects were also added as projects to be considered for funding in the future: New Future Year Projects Future Year Funding Resurfacing/Rebuilding Resurfacing/Rebuilding Basketball Courts at Normandy Isle Park 55,000 Flamingo Park Baseball Stadium Scoreboard 25,000 Flamingo Park Softball and Soccer Artificial Field Turf 800,000 Replacement of Pool Umbrellas at Normandy Isle, Flamingo and Scott 30,000 Rakow Pools Repainting and Repair of the perimeter fences of the north end parks 115,000 Installation of new lighting in the parking lot area of the Normandy Shores 49,500 Golf Club Pinetree Dog Park Expansion 105,626 As halt Driveway and Sidewalk Renovation within Multiple City Parks 196,000 Sheridan Ave. Parking Between 28th Street&Pine Tree Drive 203,948 Bluewa s Master-Plan 75,000 Alton Road Medians 2000-6300 72,089 MC Arthur Causeway Medians 27,500 Nautilus/Orchard Park Tree Replacement 119,000 Convention Center- Replacement of rooftop fresh air intake hoods 100,000 Convention Center- Replacement of all MBCC chilled water air handlers 8,000,000 Convention Center- Exhibit Halls Floor and Infrastructure replacement. 17,625,000 Convention Center-Carpet Replacement 3,000,000 Convention Center- Interior west side buss duct replacement 4,000,000 Convention Center- Install new carp swipe locking system 1,200,000 Convention Center- Install digital si na a throughout the facility 1,600,000 Convention Center- Install new drinking stations. 100,000 $37,498,663 Total Finally,the following projects, previously included in the FY 2011/12 Capital Budget and FY 2011/12 -2015/16 CIP, have been deleted for the reasons stated below: Capital Projects Deleted Reason Deleted Seawall—Alton Rd & 1-95 interchange Project Cancelled Pay on Foot(POF) Machines Project Completed Closed Circuit Television System (Anchor Garage) Project Completed 5 Street&Alton Rd Joint Venture Project Completed Convention Center—Misc Projects Recommended to be included in operating budget Beachfront Restrooms Project Completed Collins Park/Streetscape/Rotunda Project Cancelled City Commission Memorandum Resolution Adopting and Appropriating FY 2012/13 Capital Budget and FY 2012/13—2016/17 CIP September 27, 2012 Page 6 Collins Park ancillary improvements Project Cancelled Sunset Harbor Parking Garage Project Completed Little Stage Complex Project Completed Convention Center—Security Camera System Project Completed,future years now a separate project. Upgrades PROPOSED FY 2012/13 CAPITAL BUDGET AND FY 2012/13 -FY 2012/13—FY 2016/17 CAPITAL IMPROVEMENT PLAN (PROPOSED CAPITAL BUDGET AND CIP) Beginning in FY 2012, Capital Renewal and Replacement projects are included as projects in the Proposed Capital. Budget and .CIP. These.projects provide for renewal and replacement of capital items related to our facilities and infrastructure over and above routine maintenance, and are funded by a dedicated millage for renewal and replacement funding to be used for capital projects that extend the useful life of the City's General Fund assets. In prior years,these projects were appropriated by a separate authorizing resolution of the Commission. Beginning in FY 2011/12, these are now incorporated into the capital budget and CIP document and appropriated at the same time as the rest of the capital budget.The FY 2012/13 proposed dedicated millage of 0.1083 mills is projected to generate $1.8 million for the General Fund Capital Renewal and Replacement Fund. In addition, based on the ongoing review of projects funded in prior years, approximately$0.6 million is available as Renewal and Replacement Fund Balance as of 9/30/11 for funding General Fund renewal and replacement projects, resulting in a total of $2.4 million available for funding FY 2012/13 General Fund renewal and replacement projects. Renewal and replacement projects for facilities that are not supported by the General Fund are funded from available cash balances in the respective Internal Service or Enterprise Funds, e.g. Fleet, Sanitation, Property Management, Water, Sewer, Stormwater, Parking, and Convention Center. City Center Redevelopment Area(RDA)projects are funded through the City Center RDA budget.. Proposed Parking renewal and replacement projects for FY 2012/13 total$803,495 including the 7th Street Parking Garage Fund. Fleet Management FY 2012/13 renewal and replacement projects total $82,804. The City Center RDA FY 2012/13 renewal and replacement projects total$219,373,with an additional$485,488 for Miami City Ballet. The Anchor Shops and Parking Garage Fund,which is separate because it is not part of the Tax increment funding of the RDA, has FY 2012/13 renewal and replacement needs totaling $539,660. The proposed Capital Budget also reflects$3.9 million in General Fund Vehicle Equipment Replacement. Of note, a significant review of projects for closeout was completed in FY 2011/12. ANALYSIS Capital Improvement Plan The FY 2012/13—FY 2016/17 CIP for the City of Miami Beach is a five year plan for public improvements and capital expenditures by the City. This document is an official statement of public policy regarding long-range physical development in the City of Miami Beach.The approved Capital Improvement Plan has been updated to include projects that will be active during FY 2012/13 through 2016/17. City Commission Memorandum Resolution Adopting and Appropriating FY 2012/13 Capital Budget and FY 2012/13—2016/17 CIP September 27, 2012 Page 7 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 reflect projects that have been reconfigured, re-titled, combined with or separated from other projects and/or project groupings. 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. The Plan also contains information on appropriations-prior to FY 2012/13 for ongoing/active projects, as well as potential future appropriations beyond FY 2016/17. In conjunction with the development of the FY 2012/13 Capital Budget and CIP,the City began to develop a list of potential projects that may be funded in the future, including projects that have been approved as part of a plan but not yet sequenced or approved for funding. Over time, it is anticipated that this list will be expanded. Financings A number of capital financing transactions are reflected in the Capital Improvement Plan including: General Obligation Bonds, Stormwater Revenue Bonds, Water and Sewer Revenue Bonds, Gulf Breeze Loans and an Equipment Loan. In 1995, the City issued $59 million in Water and Sewer Revenue Bonds. In 1997,the City paid $15 million for the 1996 authorized General Obligation Bonds to construct, renovate and rebuild parks and recreation facilities within the City's park system. In 2000,the City issued the initial$30,000,000 of the authorized$92,000,0001999 General Obligation Bond. These funds were issued to expand, renovate and improve fire stations and related facilities; improve recreation and maintenance facilities for parks and beaches; and improve neighborhood infrastructure. In 2000, the City also issued $54,310,000 in Water and Sewer Bonds and $52,170,000 in Stormwater Revenue Bonds. In addition,the City was granted a $4 million Section 108 U.S. Housing and Urban Development Loan for improvements to neighborhood streets, North Shore Park and Youth Center. In 2001, the City executed loan agreements with the City of Gulf Breeze, Florida, providing $15 million for the renovation and improvement of two City owned golf courses and their related facilities. The City issued the remaining $62,465,000 of the referendum approved $92 million General Obligation bonds in July 2003 for improving neighborhood infrastructure in the City. Based on current project schedules,additional water and sewer,and stormwater financing, previously anticipated for FY 2007/08 are now financed over a series of years. The FY 2007/08 Capital Budget and CIP anticipated$47.8 million in new water and sewer financing and $79.7 million in new stormwater financing. In 2006 and 2010, the City executed loan agreements with the City of Gulf Breeze, Florida, providing an additional$24 million and$30 million for water and sewer projects, respectively. In FY 2008/09,a line of credit was issued and was used to fund projects in advance of issuing water and sewer and storm water bonds. Under this approach, the City uses the line of credit in order to have the necessary funding capacity to enter into new projects. This also allows the City more time to both build the necessary rate capacity to issue additional tax-exempt bonds through rate increases and City Commission Memorandum Resolution Adopting and Appropriating FY 2012/13 Capital Budget and FY 2012/13—2016/17 CIP September 27, 2012 Page 8 also spend down the current committed but unspent bond proceeds. This phased approach provides the City with more time to refine the cost estimates for projects planned to be in construction prior to issuance of bonds. In FY 2011/12, approximately $50 million in stormwater bonds were issued replacing funding for projects previously funded by the line of credit. 2012 Stormwater Bond- Project Resolution 2011-27782 48"Outfall at Easement 4180-4200 Chase 198,962 Bay Road Pump Station Outfall 318,000 Bayshore BP-8A/Central 9,819,855 Bayshore BP-8B/Lower No. Bay Road 3,730,172 Bayshore BP-8C/Lake Pancoast 1,614,066 Bayshore BP-8D 2,738,560 Bayshore Sunset Island 1 &2 ROW BP-8E 2,487,085 Belle Isle Outfall Pipe Replacement 484,519 Biscayne Point Neighborhood Improvement 6,804,726 Citywide Storm water Master Plan 21,222 Drainage Hot Spots (4400 Middle N. Bay Road) 1,159,373 Drainage Improvements—North Bay Road &56 n 187,292 Street Flamingo Neighborhood Bid Pack A 299,044 Flamingo Neighborhood Bid Pack C 639,826 La Gorce ROW 5,958,073 Nautilus Neighborhood Improvements 355,913 Middle North Bay Road Drainage Improv 59,968 Normandy Isle Neighborhood Improvements 202,776 Normandy Shores Neighborhood Improvements 2,106,942 Oceanfront Neighborhood Improvements 383,246 Palm & Hibiscus Island Enhancements 5,853,398 ROW Improvements on Prairie Ave. 106,659 Seawall—Lincoln Road Street end West 17,990 Star Island ROW 777,803 Sunset Harbor Pump Station Upgrades 462,160 Venetian Neighborhood—Venetian Islands 2,304,805 West Avenue/Bay Road Improvements 720,035 Total $49,812,471 No Water and Sewer Bonds were issued in FY 2011/12. City Commission Memorandum Resolution Adopting and Appropriating FY 2012/13 Capital Budget and FY 2012/13—2016/17 CIP September 27, 2012 Page 9 The FY 2012/13 Capital budget includes$11,007,904 in proposed Stormwater projects to be funded from the Line of Credit,Storm Water Operating Fund,Stormwater Capital Reserves, and recaptured funding from closed capital projects. Project Name Proposed Stormwater Projects-2012/13 Alton Road Utilities from 5th Street to Michigan Ave 266,250 Ba shore Central - Bid Pack A 3,954,069 Bayshore Neighborhood Sunset Island 1 &2-Bid Pack E 285,900 Ba shore Lake Pancoast BPC/Alton 20'Water Line 347,509 Ba shore, North Bay Road -Bid Pack B 362,105 Collins Avenue Lighting and Utilities from 5th Street to 15th Street 266,250 Drainage Hot Spots 1,500,000 Palm & Hibiscus Islands 449,272 Sunset harbor Pump Station Upgrades 1,974,840 Venetian Islands Bid Pack C 1,601,709 Total $11,007,904 In addition, there is approximately $10.4 Million in proposed water and sewer funded projects that are projected to be funded in FY 2012/13. These projects are proposed to be funded from the Water&Sewer Operating Fund, Water and Sewer Capital Reserves, and recaptured funding from closed capital projects. Proposed Water &Sewer FY- Water&Sewer Projects 2012/13 Alton Road Utilities from 5th Street to Michigan Ave 2,795,625 Collins Avenue Lighting and Utilities from 5th Street to 15th Street 266,250 600 856 Palm & Hibiscus Islands 3,856,600 Sewer Pump Station#1 - 11 th/Jefferson 1,000,000 Ba shore Central -Bid Pack A 346,807 Ba shore Neighborhood Sunset Island 1 &2-Bid Pack E 876,499 Ba shore Neighborhood Sunset Island 3&4- Bid Pack D 426,000 Ba shore Lake Pancoast BPC/Alton 20'Water Line 28,216 Ba shore, North Bay Road -Bid Pack B 326,394 Venetian Islands Bid Pack C 526,715 Total $10,449,106 The Stormwater Master Plan provides comprehensive recommendations for improving the City's stormwater management system performance for the next 20 years. Consideration City Commission Memorandum Resolution Adopting and Appropriating FY 2012/13 Capital Budget and FY 2012/13—2016/17 CIP September 27, 2012 Page 10 has been given to potential sea-level rise, water quality of Biscayne Bay, and operations/maintenance of an expanded system. The Stormwater Master Plan's capital improvements allow the City's stormwater systems to be flexible and adaptable in meeting the increasing flood control level of service performance targets and regulatory demands. The Stormwater Master Plan estimates$62 million(including soft costs and contingency)in required funding over the next 5 years. The FY 2012/13 — FY 2016/17 CIP includes $59 million in additional funding for projects forecasted over the same period(La Gorce-$10.3 million, Sunset Islands 3&4-$2.7 million and Flamingo/West Avenue-$46 million)which together with previously appropriated funding for these projects totals $62 million. Proposed Capital Budget The City's proposed annual capital budget contains capital project commitments recommended for appropriation for FY 2012/13(Proposed Capital Budget). Preparation of the Proposed Capital Budget-occurred simultaneously with the development of the FY 2012/13—2016/17 CIP and FY 2012/13 proposed operating budget. The Proposed Capital Budget presents project budgets for both the current and new capital projects necessary to improve, enhance and maintain public facilities and infrastructure to meet the service demands of residents and visitors to the City of Miami Beach. Capital reserves, debt service payments, and capital purchases found in the operating budget are not included in this budget. However,we have included a capital equipment section,which itemizes purchases of major capital equipment, fleet, light and heavy equipment and information technology related acquisitions. The Proposed Capital Budget for FY 2012/13 appropriates funding for projects that will require commitment of funds during the upcoming fiscal year, including construction contracts and architect/engineer contracts to be awarded during the upcoming year and capital equipment acquisitions recommended for appropriation in conjunction with the FY 2012/13 Operating Budget. A Pay-As-You-Go component of the Capital Budget was established in FY 2005/06 for new projects or unfunded scope in existing projects. In FY 2012/13, $2,625,823 in Pay-As-You- Go funding for projects is recommended. These are offset by Pay-As-You-Go and capital reserve funds previously re-captured from the deappropriation for purchase of 80 SCBAs by the Fire Department. The Pay-As-You-Go projects recommended for funding are the Bayshore Neighborhood - Bid Packs A, C&D, Crespi Park Field Renovation, Fire Station #2 Training Annex, Fisher Park Irrigation System Restoration, Flamingo Park Madvac System, Muss Park Kayak Launch, Polo Park Playground Renovation, Property Management Facility, Seawall-Muss Park Rehabilitation, Stillwater Park Sports Field Landscaping & Irrigation and the Tatum Park Outdoor Sand Volleyball project. Approximately$3.9 million is recommended for appropriation from the Miami-Dade County Convention Development Tax (CDT) Interlocal Agreement funds for Baywalk Phase 1, Collins Ave Utilities from 5th To Lincoln, Middle Beach Rec Corridor Ph II and The Par 3 Golf Course Master Plan. Approximately$7.7 million is recommended for appropriation from the South Pointe Capital fund and pre-termination South Pointe RDA funds for several projects in the South Pointe area including Sewer Force Main Rehabilitation,5th St&Alton Rd Joint Venture Repayment, City Commission Memorandum Resolution Adopting and Appropriating FY 2012/13 Capital Budget and FY 2012/13—2016/17 CIP September 27, 2012 Page 11 Flamingo 6 Street Right Of Way improvements,South Pointe Park-Playground Fences and the South Pointe Pier. The Proposed Capital Budget includes $369,940 for technology projects with their associated contingency: • Automated Vehicle Locator system Phase 3 • Development of Mobile Apps • MBPD Off-Duty Employment Software • Paperless Attachments in EDEN • Tech Enhancements for Accela • Updated Automation of-Cleanliness Application The Proposed Capital Budget and CIP also includes $2.4 million in Renewal and Replacement Funds for upkeep of General Fund facilities,and$3.9 million for General Fund Vehicle Equipment Replacement. Approximately$1.9 million is recommended for Convention Center Funds,including various repairs, installation of ADA automatic doors, replacement of Ballroom C&D carpet, Exhibit Hall Chairs, Air Handlers, Main Breakers and Cooling Tower Disconnects. The Proposed Capital Budget includes $1.1 million in funding for various transportation improvement projects, including Crosswalks, Curb Ramp Installations, the Miami Beach Trans Improvement Study, Pedestrian Crossing Improvements, Right Of Way Improvement Projects and the West Ave Bridge Over Collins Canal. The Proposed Capital Budget has also been updated to reflect$2.6 million in the ongoing parking lot and garage refurbishment and replacement program with projects recommended for FY 2011/12 including the Closed Circuit Television System, Master Meter Phase IV and Revenue Control Equipment Phase I. Further, it is anticipated that there will continue to be a phased approach for the issuance of water, sewer and stormwater financing. Under this approach, the City has accessed a line of credit to allow the City to have the necessary funding capacity to enter into new projects, while allowing the City more time to both build the necessary rate capacity to issue additional tax-exempt bonds through rate increases and also spend down the current committed but unspent bond proceeds. FY 2012/13 Proposed Capital Budget by funding source: Funding Source Funding General Fund Renewal&Replacement Fund $2,447,592 Concurrency Mitigation Fund $28,068 Local Option Gas Tax $371,190 W&S GBL Series 2010 Bonds 625,721 Water&Sewer Bonds 2000S 542,735 Information&Communications Technology 369,940 South Pointe Capital 7,750,153 City Commission Memorandum Resolution Adopting and Appropriating FY 2012/13 Capital Budget and FY 2012/13—2016/17 CIP September 27, 2012 Page 12 Pay-As-You-Go 2,625,823 RDA—Anchor Garage Fund 539,660 MDC CDT Intedocal-CDT/Resort Tax Eligible 3,984,647 Equipment Loan/Lease 3,914,300 Half Cent Transit Surtax-County 1,094,900 Stormwater Enterprise Fund 5,553,835 Stormwater LOC Reso. No 2009-27076 4,315,776 Stormwater Bond Fund 431 380,906 Sanitation Enterprise Fund 90,398 Stormwater Bonds 2000S 423,963 SB Quality of Life Resort Tax Fund—1% 975,790 MB Quality of Life Resort Tax Fund—1% 135,767 NB Quality of Life Resort Tax Fund—1% -854,195 Water&Sewer Enterprise Funds 7,072,889 Convention Center 1,935,000 Parking Operations Fund 2,453,180 Fund 467 Penn Garage 89,000 Fleet Management Fund 82,804 Gulf Breeze 2006 547,442 City Center RDA Capital Fund 14,943,000 Capital Reserve 268,925 Building Tech Capital Project 208,600 Fire Info.&Comm Technology Fund 17,700 Miami-Dade County Bond 3,217,000 Parking Impact Fees 450,000 7tn Street Garage 236,500 Total Proposed Appropriations as of 9/27/12 $66,839,009 FY 2012/13 Proposed Capital Budget by program area: Program Area Funding Bridges $513,068 Environmental $2,348,625 Parkin Lots $1,688,600 Seawalls $1,882,662 Convention Center $1,935,000 Equipment $7,136,940 General Public Buildings $1,061,158 Golf Courses $796,168 Parking Garages $10,897,031 Parks $4,536,949 -Renewal and Replacement $4,668,721 • 1 City Commission Memorandum Resolution Adopting and Appropriating FY 2012/13 Capital Budget and FY 2012/13—2016/17 CIP September 27, 2012 Page 13 Street/Sidewalk/Streetsca a Improvements $22,391,357 Utilities $3,784,737 Transit/Transportation $3,197,993 Total Proposed Appropriations as of 9/27/12 $66,839,009 It is recommended that$66,839,009 be appropriated at this time. Net of the City Center RDA and Anchor Garage appropriation of$15,482,660 the proposed appropriation is $51,356,349. In FY 2011/12 separate capital funds were established for South, Mid and North Beach Quality of Life in order to more easily track each of these funds. Previously all had been included in one fund. In FY 2012/13,$1,680,052 in unappropriated funds will be transferred from 1%Quality of Life Resort Tax Fund to the following funds: South Beach Quality of Life Resort Tax Fund($362,104), North Beach Quality of Life Resort Tax Fund($662,931),and Middle Beach Quality of Life Resort Tax Fund ($655,017). CONCLUSION: The Administration recommends approving the Capital Improvement Plan for FY 2012/13- 2016/17, and appropriating the City of Miami Beach Capital Budget for Fiscal Year (FY) 2012/13.