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2013-28354 Reso RESOLUTION NO. 2013-28354 A RESOLUTION ADOPTING THE FINAL CAPITAL IMPROVEMENT PLAN FOR FISCAL YEARS (FY) 2013/14 - 2017/18 AND ADOPTING THE FINAL CAPITAL BUDGET FOR FY 2013/14. WHEREAS, the FY 2013/14—2017/18 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 2013/14 — 2017/18 CIP represents the Capital Budget appropriation for FY 2013/14; 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 9 9 � tY 9 Y 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 final CIP has been updated to include projects that will be active during FY 2013/14 through 2017/18; and WHEREAS, the final 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 10, 2013 the FY 2013/14 capital funding priorities were discussed at a meeting of the Finance and Citywide Projects Committee and adjustments were made to the funding recommendations presented; and ent the Finance and Citywide Projects Committee meeting on Jul WHEREAS, subsequent to q Yw 1 9 Y 10th, 2013, the following changes were made:all projects had their funding rounded to the nearest thousands from FY2013/14 going forward; Atlantic Greenways Network Master Plan Update(Bike Master Plan)- Phase 2 project had an additional $25,000 in PTP funding due to cost increases in the project as a result of the selection of the most intense proposal for a master plan update by the City Commission on July 26th; Collins Park Parking Garage's FY2013/14 funding request was adjusted to $12,242,000 to be funded completely in FY2013/14 by the RDA based on the FY 2013/14 available RDA funds for capital projects; in order to close the City Center Historic District Neighborhood Improvements.-Historic District BP9A project, a new project called City Center 9A Legal Fees project was created with a$350,000 funding request from the original project; Bayshore Neighborhood - Bid Pack B project switched funding from PAYGO to 2003 G.O. Bonds — Neighborhood Improvements due to funds made available from closing completed projects,and had a reduction of $190,680 in those funds due to new estimates of the work required; Shane Watersport Seawall had an additional$354,000 in PAYGO funding due to additional pay-as-you-go (PAYGO) capital funding made available as more projects were funded from G.O. bonds as described above;the Convention Center's Air conditioning test and balance project was moved from FY2013/14 to FY2014/15 and the acquisition of 50 Lecterns to include 2 presidential lecterns project was moved up from FY2014/15 to FY2013/14 based on updated priorities; 5th Street&Alton Road Joint Venture Repayment was revised downwards by$7,000 to reflect the actual amount that South Pointe Capital needs to repay to Parking Operations;Several projects had their FY 2013/14 funding shifted from PAYGO to 2003 G.O. Bonds— Parks and Beaches as a result of new capacity being found due to projects closing (Scott Rakow Youth Center - Ice Rink Mechanical Repairs in the amount of $344,000, Resurfacing/Rebuilding Basketball Courts at Normandy Isle Park in the amount of$55,000, North Shore Park Tennis Restoration in the amount of$33,000, NSPYC-Fitness Center Refurbishment in the amount of$73,000,and Flamingo Park Baseball Stadium Scoreboard in the amount of$25,000);Several projects have had their FY 2013/14 funding shifted from PAYGO to 2003 G.O. Bonds—Neighborhood Improvements as a result of new capacity being found due to projects closing (Bayshore Neighborhood — Bid Pack B in the amount of $101,000 and Lake Pancoast Neighborhood Irrigation in the amount of $46,700); the Pump Station #28 Grinder replacement project was removed due to project completion; the Miami Beach Golf Club Cart Path/Curb Restoration Project was shifted from FY2014/15 to FY2013/14 to be funded by Middle Beach Quality of Life in the amount of$31,000;the Miami Beach Golf Club Tee Restoration Project was shifted from FY2014/15 to FY2013/14 to be funded by Middle Beach Quality of Life in the amount of$46,000; as a result of freed up capacity as a result of the above mentioned shifts from PAYGO to other sources, several projects have moved from FY2014/15 to FY2013/14(Normandy Shores Golf Course Perimeter Hedge in the amount of$78,000; North Beach Bump-outs—Shrubs, Ground Cover& Irrigation Installation in the amount of$220,000; Normandy Isle Marseille Lighting Ph. II in the amount of $139,000; Rue Vendome/ Biarritz Dr. Park & Garden in the amount of $26,000; and Repainting and Repair of the Perimeter Fences of the North End Parks in the amount of$115,000); several projects received additional allocations to account for the Arts in Public Places mandatory contribution(Band Shell Master Plan Improv.in the amount of$10,000, Flamingo Park in the amount of$37,000, and Scott Rakow Youth Center Ice Rink Mechanical Repairs in the amount of$23,000); and WHEREAS, subsequent to the adoption of the Tentative FY 2013/14 Capital Budget and FY 2013/14 — FY 2017/18 at the first public hearing on September 11, 2013, the following changes were made: Flamingo A—$4.5 million reduction in overall project cost by evaluating the latest costs for neighborhood improvements and the approximate quantities of drainage structures pump stations, and piping. Additionally, the timing of the project was adjusted to allow the West Avenue improvements to begin following the completion of the Alton Road projects resulting in construction moving out to FY 2016/17 from FY 2015/16; Flamingo C—$5.9 million reduction in overall project cost by evaluating the latest costs for neighborhood improvements and the approximate quantities of drainage structures pump stations, and piping. Additionally,the timing of the project was adjusted to allow the West Avenue improvements to begin following the completion of the Alton Road projects resulting in construction moving out to FY 2017/18 from FY 2015/16; and WHEREAS, the final Capital Budget for FY 2013/14 therefore totals $49,858,000 with $34,300,000 ($49,858,000 Net of the City Center RDA and Anchor Garage appropriation of $15,558,000)recommended for adoption 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 2013/14 Capital Budget are included in "Attachment A"; and WHEREAS,the proposed projects to be adopted in the final FY 2013/14 Capital Budget and the five-year CIP are included in Attachment"B"; and WHEREAS, In FY 2013/14, $4,440,000 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 ($1,200,000), North Beach Quality of Life Resort Tax Fund($1,660,000),and Middle Beach Quality of Life Resort Tax Fund ($1,580,000). 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 Final Capital Improvement Plan for FY 2013/14 through 2017/18; and adopts the Final Capital Budget for FY 2013/14 and transfers $4,440,000 in unappropriated funds from 1% Quality of Life Resort Tax Fund to the following funds:South Beach Quality of Life Resort Tax Fund($1,200,000), North Beach Quality of Life Resort Tax Fund($1,660,000),and Middle Beach Quality of Life Resort Tax Fund ($1,580,000). PASSED AND ADOPTED THIS 301h DAY OF SEPTEMBER 2013. t'� MAYOR Attest: t INCORP ORATED' , CITY CLERK '�•.. A'`> APPROVED AS TO FORM & LANGUAGE &FOR EXECUTION � 27 13 ney Dat i ATTACHMENT FY 2013/14 CAPITAL BUDGET SUMMARY OF FUNDING SOURCES Fu dtg in Source Funding . 1997 Parking System Revenue Bonds $ 217,000 2003 G.O. Bonds- Neighborhood Improvement 148,000 2003 G.O. Bonds- Parks & Beaches 553,000 2010 Parking Bonds Reso. 2010-27491 160,000 7th Street Garage 1,900,000 Capital Projects Not Financed by Bonds 89,000 City Center RDA Capital Fund 15,073,000 Communications Fund 40,000 Convention Center 1,701,000 Equipment Loan/Lease 4,644,000 Fleet Management Fund 160,000 Gulf Breeze 2006 (83,759) Half Cent Transit Surtax-County 1,569,000 Information &Communications Technology Fund 486,000 Local Option Gas Tax 544,000 Miami Beach Quality of Life Resort Tax Fund - 1% 378,000 Miami Dade County Convention Development Tax 4,000,000 Interlocal-CDT/Resort Tax Eligible Miami-Dade County Bond 2,933,581 North Beach Quality of Life Resort Tax Fund - 1% 678,000 Parking Operations Fund 851,000 Pay-As-You-Go 1,726,000 RDA-Anchor Garage Fund 485,000 Renewal and Replacement Fund 2,561,000 South Beach Quality of Life Resort Tax Fund - 1% 730,000 South Pointe Capital 4,283,000 South Pointe RDA 1,636,000 Storm Water Bond Fund 431 529,000 Storm Water Bonds 2000S (256,000) Stormwater Letter of Credit 2,007,419 Water&Sewer GBL Series 2010 81,759 Water&Sewer Bonds 2000S 34,000 Total $ 49,858,000 Net of City Center RDA and Anchor Garage (15,558,000) Net of City Center RDA and Anchor Garage $ 34,300,000 O o C) O o 0 0 o w 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 iY N p O O p O O O O w O O O O O O O O O O O O O O O O O N O S O O S O. 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N LL 0 0 ° J ,a, °o co H M co V � co Q N U co m 00 cc o0 0 CD } V) N N Irl Ei po CL N CL m w a� m M U C9 E U H O Q h (' O O CL c m W Co N U v W ai f CL m COMMISSION ITEM SUMMARY Condensed Title: A resolution adopting the Final Capital Improvement Plan for FY 2013/14-2017/18;and adopting the City of Miami Beach Final Capital Budget for Fiscal Year FY 2013/14. 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 processes through Information Technology. The Proposed FY 2013/14 Capital Budget and the Proposed Capital Improvement Plan for FY 2013/14 through 2017/18 includes funding for capital projects to address each of these priorities. 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,establishing priorities for the upcoming five year period, FY 2013/14—2017/18. Changes following the adoption of the Tentative FY 2013/14 Capital Budget and FY 2013/14—FY 2017/18 at the first public hearing on September 11,2013, include: • Flamingo A—$4.5 million reduction in overall project cost by evaluating the latest costs for neighborhood improvements and the approximate quantities of drainage structures pump stations, and piping. Additionally, the timing of the project was adjusted to allow the West Avenue improvements to begin following the completion of the Alton Road projects resulting in construction moving out to FY 2016/17 from FY 2015/16. • Flamingo C—$5.9 million reduction in overall project cost by evaluating the latest costs for neighborhood improvements and the approximate quantities of drainage structures pump stations, and piping. Additionally, the timing of the project was adjusted to allow the West Avenue improvements to begin following the completion of the Alton Road projects resulting in construction moving out to FY 2017/18 from FY 2015/16. Advisory Board Recommendation: On July 10, 2013 the FY 2013/14 Capital Budget and Capital Improvement Plan for FY 2013/14 was discussed at meetings of the Finance and Citywide Projects Committee and adjustments were made to the funding recommendations presented. Financial Information: Source of Amount Account .................................. Funds: 1 $49,858,000 Various—See attachment A of Resolution FY 2013/14 $15,558,000 City Center RDA and Anchor Shops Total $34,300,000 Net of City Center RDA and Anchor Shops Financial Impact Summary: City Clerk's Office Legislative Tracking: Sign-Offs: Dep rtmen D'rector Assistant CAPanager City Manager AGENDA ITEM R-7 C ��� MIAMIBEACH DATE MIAMI BEACH City of Miami Beath, 1700 Convention Center Drive,Miami Beach, Florida 33139,www.miamibeachfl.gov COMMISSION MEMORANDUM TO: Mayor Matti Herrera Bower and Me bers of the City Commission FROM: Jimmy L. Morales, City Manager -- DATE: September 30, 2013 ` SUBJECT: A RESOLUTION ADOPTING THE NAL CAPITAL IMPROVEMENT PLAN FOR FISCAL YEARS (FY) 2013/14 -20 /18 AND ADOPTING THE FINAL CAPITAL BUDGET FOR(FY) 2013/14. 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 Resolution Adopting The FY 2013/14 Final Capital Budget and FY 2013/14—2017/18 Final CIP September 30, 2013 Page 2 Citywide Projects Committee, providing the opportunity for input and prioritization. This is 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 10, 2013, capital funding priorities were discussed at a meeting of the Finance and Citywide Projects Committee. The 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 10, 2013 meeting, the following changes were made: • Arts in Public Places in the amount of $380,346 was recommended to be more appropriately funded by Pay-as-you-Go funding rather than using North Beach Quality of Life Fund, Mid Beach Quality of Life Fund and South Beach Quality of Life Fund. • Lincoln Road Landscaping for FY 2013/14—FY2015/16 in the amount of$150,000 per year has been removed from the CIP and will henceforth be funded from the operations budget. Subsequent to the Finance and Citywide Projects Committee meeting on July 10th,2013,the following changes were made: • All projects had their funding rounded to the nearest thousands from FY2013/14 going forward. • Atlantic Greenways Network Master Plan Update (Bike Master Plan) - Phase 2 project had an additional$25,000 in PTP funding due to cost increases in the project as a result of the selection of the most intense proposal for a master plan update by the City Commission on July 26th • Collins Park Parking Garage's FY2013/14 funding request was adjusted to $12,242,000 to be funded completely in FY2013/14 by the RDA based on the FY 2013/14 available RDA funds for capital projects. • In order to close the City Center Historic District Neighborhood Improvements.- Historic District BP9A project,a new project called City Center 9A Legal Fees project was created with a $350,000 funding request from the original project. • Bayshore Neighborhood-Bid Pack B project switched funding from PAYGO to 2003 GO Bonds—Neighborhood Improvements due to funds made available from closing completed projects, and had a reduction of $190,680 in those funds due to new estimates of the work required. • Shane Watersport Seawall had an additional $354,000 in PAYGO funding due to additional pay-as-you-go(PAYGO)capital funding made available as more projects were funded from G.O. bonds as described above. • The Convention Center's air conditioning test and balance project was moved from FY2013/14 to FY2014/15 and the acquisition of 50 Lecterns to include 2 presidential lecterns project was moved up from FY2014/15 to FY2013/14 based on updated priorities. Resolution Adopting The FY 2013/14 Final Capital Budget and FY 2013/14—2017/18 Final CIP September 30, 2013 Page 3 • 5th Street&Alton Road Joint Venture Repayment was revised downwards by$7,000 to reflect the actual amount that South Pointe Capital needs to repay to Parking Operations. • The following projects have had their FY 2013/14 funding shifted from PAYGO to 2003 G.O. Bonds—Parks and Beaches as a result of new capacity being found due to projects closing: Scott Rakow Youth Center-Ice Rink Mechanical Repairs in the amount of$344,000; Resurfacing/Rebuilding Basketball Courts at Normandy Isle Park in the amount of$55,000; North Shore Park Tennis Restoration in the amount of$33,000; NSPYC-Fitness Center Refurbishment in the amount of $73,000; and Flamingo Park Baseball Stadium Scoreboard in the amount of$25,000. • The following projects have had their FY 2013/14 funding shifted from PAYGO to 2003 G.O. Bonds— Neighborhood Improvements as a result of new capacity being found due to projects closing: Bayshore Neighborhood—Bid Pack B in the amount of $101,000 and Lake Pancoast Neighborhood Irrigation in the amount of$46,700. • The Pump Station #28 Grinder replacement project was removed due to project completion. • The Miami Beach Golf Club Cart Path/Curb Restoration Project and Miami Beach Golf Club Tee Restoration Project were moved up from FY2014/15 to FY2013/14 due to additional capacity in Middle Beach Quality of Life funds. • As a result of freed up capacity as a result of the above mentioned shifts from PAYGO to other sources, the following projects have moved from FY2014/15 to FY2013/14: Normandy Shores Golf Course Perimeter Hedge in the amount of $78,000; North Beach Bump-outs—Shrubs, Ground Cover& Irrigation Installation in the amount of $220,000; Normandy Isle Marseille Lighting Ph. II in the amount of $139,000; Rue Vendome/Biarritz Dr. Park&Garden in the amount of$26,000;and Repainting and Repair of the Perimeter Fences of the North End Parks in the amount of$115,000. • The following projects received additional allocations to account forthe Arts in Public Places mandatory contribution: Band Shell Master Plan Improvements in the amount of$10,000, Flamingo Park in the amount of$37,000,and Scott Rakow Youth Center Ice Rink Mechanical Repairs in the amount of$23,000. Changes following the adoption of the Tentative FY 2013/14 Capital Budget and FY 2013/14 — FY 2017/18 at the first public hearing on September 11, 2013, include: • Flamingo A— $4.5 million reduction in overall project cost by evaluating the latest costs for neighborhood improvements and the approximate quantities of drainage structures pump stations, and piping. Additionally, the timing of the project was adjusted to allow the West Avenue improvements to begin following the completion of the Alton Road projects resulting in construction moving out to FY 2016/17 from FY 2015/16. • Flamingo C — $5.9 million reduction in overall project cost by evaluating the latest costs for neighborhood improvements and the approximate quantities of drainage structures pump stations, and piping. Additionally, the timing of the project was adjusted to allow the West Avenue improvements to begin following the completion of the Alton Road projects resulting in construction moving out to FY 2017/18 from FY 2015/16. Resolution Adopting The FY 2013/14 Final Capital Budget and FY 2013/14-2017/18 Final CIP September 30, 2013 Page 4 The FY 2013/14 Capital Budget adds appropriation to existing projects as follows: FY 2013/14 FUNDING NEEDS FOR EXISTING PROJECTS(INCLUDING PREVIOUSLY PROGRAMMED FUNDING) Project FY 2013/14 Convention Center- 50 Lecterns to include 2 residential lecterns $ 200,000 Band Shell Master Plan Improvements 628,000 Bass Museum Interior Exhibit Space Expansion(previously Phase II expansion) 3,750,000 Ba shore, Lo. No. Bay Road BP B 101,000 Convention Center-Additional 1200 ton chiller and two 2 800 ton cooling towers 1,500,000 City Center-Commercial District BP913 326,000 City Wide Curb Ramp Installation/Maintenance 10,000 Collins Park Parking Garage 12,242,000 Euclid Ave. Improvements at Lincoln Rd(City Center 69,000 Flamingo Park 2,486,000 Fund 147 Art in Public Places Repayment 381,000 LaGorce Island Street Pavement 283,000 LaGorce Neighborhood Improvements 160,000 Middle Beach Rec Corridor Phase II 2,650,000 Restorative Tree Well-Phase 4-Ocean Drive 690,000 Revenue Control Equipment u rade Phase II 240,000 Scott Rakow Youth Center-Ice Rink Mechanical Repairs 367,000 Sunset Harbour Neighborhood Improvements 566,000 Surface Lot 12X@ 9th St&Washington 14,000 Surface Lot 17X Collins Ave& 13 St 11,000 Surface Lot 24B 971 71 Street 189,000 Surface Lot 2B Meridian Ave and 6 St 245,000 Total $ 27,108,000 In addition the following projects previously unfunded in future years were recommended for funding: Proposed Funding for Previously Unfunded Projects Project FY 2013/14 Bluewa s Master Plan $ 40,000 Crosswalks-Phase III 100,000 Flamingo Park Baseball Stadium Scoreboard 25,000 Installation of new lighting in the parking lot area of the Normandy Shores Golf Club 50,000 Parking-Master Meter Phase V 1,582,000 Parkin -Master Meter Phase VI 1,000,000 Parking-Master Meter Phase VII 1,000,000 Miami Beach Golf Club-Golf Range Netting 100,000 Miscellaneous Mast Arm Painting FY14 100,000 North Shore Park&Youth Center-Fitness Center Refurbishment 73,000 Pedestrian Crossing Improvements FY14 100,000 Polo Player Statue 100,000 Repainting and Repair of the perimeter fences of the north end parks 115,000 Resurfacing/Rebuilding Resurfacing/Rebuilding Basketball Courts at Normandy Isle Park 55,000 Parking Garages-Revenue Control Equipment U rade Phase II 100,000 Right of Way Improvement Project FY 14 230,000 Rue Vendome/Biarritz Drive Park&Garden 26,000 Sheridan Avenue Parking Between 28th Street&Pine Tree Drive 204,000 Washington Avenue Cobra Head Lighting 40,000 Total $ 5,040,000 Resolution Adopting The FY 2013/14 Final Capital Budget and FY 2013/14—2017/18 Final CIP September 30, 2013 Page 5 The following new projects were recommended for FY 2013/14 funding at the Finance and Citywide Projects Committee meetings(not including Information Technology projects—see page 10): Proposed Funding for New Projects Projects FY2013114 54-Inch Diameter Redundant Sewer Force main Commerce Street to the City pump $ 990,000 station on 11th Street 77th Street Bridge Repair 185,000 Atlantic Greenwa s Network Master Plan Update-Phase 2 180,000 Anchor Garage Structural Engineering Study 25,000 City Center 9A Legal Fees 350,000 Fire Department Life ak Upgrade Project 60,000 First Street Improvements Between Alton Road&Washington Avenue 58,000 Fla ler Monument Solar Illumination Project 89,000 Installation Of Irrigation Systems-Collins Ave Street-Ends 26th-42nd 121,000 Irrigation System Installation Lake Pancoast Neighborhood. 47,000 Jewish Community Center Seawall Reimbursement 121,000 Lincoln Road Master Plan Study 500,000 Maurice Gibb Park Soil Remediation 70,000 Miami Beach Golf Club Cart Path/Curb Restoration 31,000 Miami Beach Golf Club Tee Restoration 46,000 Normand Isle-Marseille Lighting Ph. II 138,000 Normandy Shores Golf Course Perimeter Hedge 78,000 Normandy Shores Trail lighting and landscaping 194,000 North Beach Bump-Outs(84)-Shrubs, Ground Cover&Irrigation Installation 220,000 Dickens and Hardin Ave North Shore Park Tennis Restoration 33,000 Restorative Tree Well Treatments-Phase III (100-500 Blocks of Washington Ave) 692,000 South Pointe Drive Median Planters(South Pointe Drive between Washington 120,000 Avenue and Collins Avenue. Street Lighting Improvements-North and Middle Beach Neighborhoods 544,000 Washington Avenue Dog Park: Surfacing 66,000 Welcome to MB Entrance Sign Repairs 40,000 Total $ 4,998,000 In addition, the FY 2013114 Capital Budget reflects $3.993 million in repayment from South Pointe Capital Funds to Parking Funds for the 5th Street and Alton Road Joint Venture, as well as a reduction of$1.88 million for CCHV Neighborhood Improvement- Historic District Bid Pack 9A, as the project is winding down and does not require the funds anymore. Resolution Adopting The FY 2013/14 Final Capital Budget and FY 2013/14—2017/18 Final CIP September 30, 2013 Page 6 The following projects were also added as projects to be considered for funding in the future: Proposed Future Funding for New Projects New Future Year Projects Future Year Funding Convention Center-(1)40"x60"x48"Performance Stage and(40)6'x8'Portable $ 275,000 Stages Convention Center-(150)Sets of 2 Black Powdered Coated Steel Tape and 50,000 Stanchions Convention Center-(200)Barricades(bicycle racks 75,000 72nd Street Park and Parking 14,500,000 Allison Park: Park Redesign 214,000 Convention Center-Table&Chair Replacement 450,000 Convention Center-Cleaning Equipment 200,000 Convention Center-Electrical Switch ear and Bus Duct Testing 350,000 Garbage and Recycling Containers 250,000 Install New St.Augustine Sod on Collins Ave. Medians from 41 st St.to 60th St. 26,000 Installation of portable riser seating. 1,800,000 Lighting Control System for East/West sides and exterior. 700,000 Miami Beach Golf Club Cart Path/Curb Restoration 31,000 North Beach town center Streetsca e 11,790,000 Normandy Isle Park Fitness Circuit 112,000 Park View Island Phase 1): Mini Playground 250,000 Park View Island Phase II : Entrance Planting&Kayak Launch Area 129,000 Replacement of Five 5 Lift Stations 250,000 Seawall- Indian Beach Park 550,000 Seawall-Indian Creek Park 1,166,000 Seawall-Shane 629,000 Total $ 33,797,000 Finally,the following projects, previously included in the FY 2013/14 Capital Budget and FY 2013/14 -2017/18 CIP, have been deleted for the reasons stated below: Capital Projects Deleted Reason Deleted Lincoln Road Landscaping FY14 Recommended to be included in operating budget Lincoln Road Landscaping FY15 Recommended to be included in operating budget Lincoln Road Landscaping FY16 Recommended to be included in operating budget 12" Ductile Iron Pipe Water Main Improvement 5 Alton Project Cancelled &Ocean 54 inch Diameter Sewer Force Main Rehab Project Cancelled Convention Center-Maintenance Boom Scissors& Project Cancelled Fork Lifts Convention Center-Exhibit Hall Lighting Upgrades Project Cancelled Convention Center-Escalator Cleaning Machine Project Cancelled North Shore Open Space Park Pavilion Project Cancelled Resolution Adopting The FY 2013/14 Final Capital Budget and FY 2013/14—2017/18 Final CIP September 30, 2013 Page 7 PROPOSED FY 2013/14 CAPITAL BUDGET AND FY 2013/14 — FY2017/18 CAPITAL IMPROVEMENT PLAN (PROPOSED CAPITAL BUDGET AND CIP) Beginning in FY 2012, Capital Renewal and Replacement projects are included as projects in the 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 2013/14 proposed dedicated millage of 0.1083 mills is projected to generate$1.98 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 9/30/12 for funding General Fund renewal and replacement projects, with an additional $0.3 million identified from projects being closed, resulting in a total of$2.88 million available for funding FY 2013/14 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 2013/14 total $1.9 million including the 7"Street Parking Garage Fund. Fleet Management FY 2013/14 renewal and replacement projects total $154,000. The City Center RDA FY 2013/14 renewal and replacement projects total $67,000. 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 2013/14 renewal and replacement needs totaling $220,000. The proposed Capital Budget also reflects $4.6 million in General Fund Vehicle Equipment Replacement. ANALYSIS Capital Improvement Plan The Proposed FY 2013/14—FY 2017/18 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 proposed Capital Improvement Plan has been updated to include projects that will be active during FY 2013/14 through 2017/18. For a complete list of projects in the CIP, please see Attachment B. 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. Resolution Adopting The FY 2013/14 Final Capital Budget and FY 2013/14—2017/18 Final CIP September 30, 2013 Page 8 The Plan also contains information on appropriations prior to FY 2013/14 for ongoing/active projects, as well as potential future appropriations beyond FY 2017/18. In conjunction with the development of the FY 2013/14 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,aline of credit was issued and was used to fund projects in advance of issuing water and sewer and stormwater 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 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. No Water and Sewer Bonds were issued in FY 2012/13. The FY 2013/14 Capital budget includes$4,133,000 in proposed Stormwater projects to be Resolution Adopting The FY 2013/14 Final Capital Budget and FY 2013/14—2017/18 Final CIP September 30, 2013 Page 9 funded from the Line of Credit, Stormwater Operating Fund, Stormwater Capital Reserves, and recaptured funding from closed capital projects. Project Name Stormwater Projects FY2013/14 Ba shore Neighborhood-Bid Pack B $ 1,001,000 Citywide Tidal Flooding Mitigation-Phase 1 2,062,000 Drainage Hot Spots 1,000,000 Sunset Harbour Neighborhood Improvements 70,000 Total $ 4,133,000 In addition,there is approximately$3,097,000 in proposed water and sewer funded projects that are projected to be funded in FY 2013/14. 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. Water&Sewer Projects Water&Sewer FY2013/14 63rd Street 16"Water Main $ 1,400,000 Ba shore Neighborhood-Bid Pack B 159,000 Citywide Water and Sewer Main Assessment 213,000 Infiltration&Inflow Program-Phase III 1,000,000 Sunset Harbour Neighborhood Improvements 125,000 Water System Pressure Control Valve 200,000 Total $ 3,097,000 The Stormwater Master Plan provides comprehensive recommendations for improving the City's stormwater management system performance for the next twenty years.Consideration 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 2013/14 - FY 2017/18 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 2013/14(Proposed Capital Budget). Preparation of the Proposed Capital Budget occurred simultaneously with the development of the FY 2013/14-2017/18 CIP and FY 2013/14 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 Resolution Adopting The FY 2013/14 Final Capital Budget and FY 2013/14—2017/18 Final CIP September 30, 2013 Page 10 information technology related acquisitions. The Proposed Capital Budget for FY 2013/14 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 2013/14 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 2013/14, $1,726,000 in Pay-As-You- Go funding for projects is recommended. The Pay-As-You-Go projects recommended for funding are the Jewish Community Center Seawall Reimbursement, Normandy Shores Trail Lighting and Lands, Fire Department Lifepak Upgrade Project, Fund 147 Art in Public Places, Maurice Gibb Soil Remediation, Repaint/Repair of North End Parks Fences, North Beach Bump Outs(84), North Shore Golf Course Perimeter Hedge, Polo Player Statue, Rue Vendome/Biarritz Drive Park&Garden, Flamingo Park, 77th Street Bridge Repair, and Normandy Isles-Marseille Lighting Phase II. Approximately $4 million is recommended for appropriation from the Miami-Dade County Convention Development Tax(CDT)Interlocal Agreement funds for CDT/Resort Tax eligible projects for Flamingo Park, and the Middle Beach Recreation Corridor Phase II. Approximately$5.9 million is recommended for appropriation from the South Pointe Capital fund and pre-termination South Pointe Redevelopment Area funds for several projects in the South Pointe area including Redundant Sewer Force Main, 5th St&Alton Rd Joint Venture Repayment, Flamingo 6 Street Right Of Way improvements, Washington Ave Dog Park Surfacing and the Restorative Tree Well Treatment phase III. The Proposed Capital Budget includes $493,000 for technology projects: • City Commission Agenda Automation Auto of Green space Management Operations • Marine Patrol Conduit Upgrade Automatic Vehicle Locator Program Implementation • Gap Analysis of Enterprise Resource Planning System Radio Station &Television station Upgrades • 50 Additional Mobile Computers for the Police Department • Target Solutions Tyler Cashiering The Proposed Capital Budget and CIP also includes $2.9 million in Renewal and Replacement Funds for upkeep of General Fund facilities,and$4.6 million for General Fund Vehicle Equipment Replacement. Approximately $1.7 million is recommended for Convention Center Funds, including an additional 1200 ton chiller and two cooling towers, as well as the purchase of fifty lecterns to include two presidential podiums. The Proposed Capital Budget includes $3.3 million in funding for various transportation improvement projects, including Miami Beach Welcome Sign Repair,Crosswalks-Phase III, Resolution Adopting The FY 2013/14 Final Capital Budget and FY 2013/14—2017/18 Final CIP September 30, 2013 Page 11 Atlantic Greenways Network Master Plan Update - Phase 2, Pedestrian Crossing Improvements FY 14, and Normandy Isles-Marseille Lighting phase II. The Proposed Capital Budget has also been updated to reflect$12.9 million in the ongoing parking lot and garage refurbishment and replacement program with projects recommended for FY 2013/14 including the Collins Park Parking Garage, Master Meter Phase V, Master Meter Phase VI, and Master Meter Phase VII and Revenue Control Equipment Phase II. 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 2013/14 Proposed Capital Budget by funding source: Funding Source Funding 1997 Parking Sys. Rev. Bonds $ 217,000 2003 GO Bonds-Neighborhood Improvement 148,000 2003 GO Bonds-Parks&Beaches 553,000 2010 Parking Bonds Reso.2010-27491 160,000 7th Street Garage 1,900,000 Capital Projects Not Financed by Bonds 89,000 City Center RDA Capital Fund 15,073,000 Communications Fund 40,000 Convention Center 1,701,000 Equipment Loan/Lease 4,644,000 Fleet Management Fund 160,000 Gulf Breeze 2006 (83,759) Half Cent Transit Surtax-County 1,569,000 Information&Communications Technology Fund 486,000 Local Option Gas Tax 544,000 Miami Beach Quality of Life Resort Tax Fund- 1% 378,000 Miami-Dade County Convention Development Tax(CDT) 4,000,000 Interlocal-CDT/Resort Tax Eligible Miami-Dade County Bond 2,933,581 North Beach Quality of Life Resort Tax Fund- 1% 678,000 Parking Operations Fund 851,000 Pay-As-You-Go 1,726,000 RDA-Anchor Garage Fund 485,000 Renewal&Replacement Fund 2,561,000 South Beach Quality of Life Resort Tax Fund- 1% 730,000 South Pointe Capital 4,283,000 South Pointe RDA 1,636,000 Storm Water Bond Fund 431 RESO#2011-27782 529,000 Stormwater Bonds 2000S (256,000) Stormwater Letter Of Credit Reso. No 2009-27076 2,007,419 Water&Sewer GBL Series 2010 CMB Reso 2009-27243 81,759 Water and Sewer Bonds 2000s 34,000 Total $ 49,858,000 Resolution Adopting The FY 2013/14 Final Capital Budget and FY 2013/14—2017/18 Final CIP September 30, 2013 Page 12 FY 2013/14 Proposed Capital Budget by program area: Program Area Funding Art in Public Places $ 381,000 Bridges 185,000 Convention Center 1,700,000 Environmental 2,275,000 Equipment 8,626,000 General Public Buildings 3,750,000 Golf Courses 421,000 Information Technology 493,000 Monuments 189,000 Parking 204,000 Parking Garages 12,267,000 Parking Lots 459,000 Parks 4,450,000 Renewal and Replacement 5,818,000 Seawalls 121,000 Streets/Sidewalk Imps 4,337,000 Transit/Transportation 3,319,000 Utilities 863,000 Total $ 49,858,000 Net of the City Center RDA and Anchor Garage appropriation of$15,558,000 the proposed FY 2013/14 Capital Budget is $34,300,000. 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 2013/14, $4,440,000 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($1.2 million), North Beach Quality of Life Resort Tax Fund($1.66 million), and Middle Beach Quality of Life Resort Tax Fund ($1.58 million). CONCLUSION: The Administration recommends adopting the final Capital Improvement Plan for FY 2013/14 - 2017/18 and adopting the final Capital Budget for Fiscal Year(FY) 2013/14. JLM: K B/JW C�