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2016-29292 Reso RESOLUTION NO. 2016-29292 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE THIRD AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2015/16. WHEREAS, the final Capital Improvement Plan for FY 2015/16 — 2019/20 and the final Capital Budget for FY 2015/16 was adopted via Resolution 2015-29144 on September 30, 2015; and WHEREAS, the first amendment to the Miami Beach Capital Budget for FY 2015/16 was adopted on December 9, 2015 via Resolution No. 2015-29144; and WHEREAS, the second amendment to the Miami Beach Capital Budget for FY 2015/16 was adopted on January 13, 2016 via Resolution No. 2016-29262; and WHEREAS, Section 166.241(4)(c.), Florida Statutes, requires that a municipality's budget amendment must be adopted in the same manner as the original budget; and WHEREAS, the proposed amendment to the FY 2015/16 Capital Budget is included in "Attachment A— Source of Funds" and "Attachment B — Programs"; and WHEREAS, the City Administration recommends that FY 2015/16 Capital Budget be amended to add appropriations totaling $3,647,000 (of which $2,200,000 is expected to be reimbursed by the County pursuant to Amendment No. 1 of the Joint Participation Agreement), and $514,000 to be re-appropriated from existing projects, as highlighted in "Attachment C — Projects"; and NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, that the Mayor and City Commission hereby adopt the Third Amendment to the Capital Budget for Fiscal Year 2015/16 as set forth in Attachment A (Source of Funds), Attachment B (Programs), and Attachment C (Projects). PASSED AND ADOPTED this 10th day of February, 2016. ATTEST: Phili• Levine, , f • Z Q'••''• • APPROVED AS TO _� '• �� &LANGUAGE Rap ael E. ‘ranad , City Clerk ••� �� CORM EXECUTION &FOR ECU INCORP ORATED; oil \ Z - k ��•" � � •• Date Cty Attore ATTACHMENT A FY 2015/16 CAPITAL BUDGET SOURCE OF FUNDS Amended 2/10/16 Amended Capital Amended Funding Source Budget 2/10/16 Revised Transportation Fund 3,300,000 3,300,000 Renewal& Replacement Fund 2,494,185 250,000 2,744,185 • Art in Public Places 352,000 352,000 Parking Impact Fees 8,927,000 8,927,000 Concurrency Mitigation 5,377,934 5,377,934 Non TIF RDA (12,312,000) (12,312,000) Local Option Gas Tax 995,000 995,000 Half Cent Transit Surtax-County (7,934) (7,934) Capital Projects Financed by Other 650,000 650,000 Pay-As-You-Go 1,667,644 1,667,644 SB Quality of Life Resort Tax Fund- 1% 2,678,000 2,678,000 MB Quality of Life Resort Tax Fund- 1% 1,235,000 1,235,000 NB Quality of Life Resort Tax Fund- 1% 3,108,080 3,108,080 Parks & Recreation Beautification 1,714,383 1,714,383 RCP- 1996 15M GO Bond 104,175 104,175 2003 GO Bonds - Fire Safety 43,610 43,610 2003 GO Bonds - Parks & Beaches 278,026 278,026 2003 GO Bonds - Neighborhood Improvement 300,000 300,000 MDC CDT Interlocal-CDT/Resort Tax Eligib (240,000) (240,000) South Pointe Capital 10,757,000 10,757,000 Water&Sewer Line of Credit 10,795,119 10,795,119 Water& Sewer Impact Fees - 97,000 97,000 Water and Sewer Bonds 200S 75,000 75,000 Stormwater Bonds 60,266,296 60,266,296 Convention Center 2,500,000 2,500,000 RDA Anchor Shops Fund 46,000 46,000 Parking Operations Fund 3,173,050 3,173,050 Equipment Loan/Lease 5,110,000 5,110,000 Building Tech Capital Project 150,000 150,000 Capital Reserve (4,832,995) 3,300,000 (1,532,995) Miami-Dade County Bond 42,400,000 42,400,000 Proposed Parking Bonds 64,800,000 64,800,000 Proposed Future RDA Bonds 310,050,000 310,050,000 Proposed Future Resort Tax 1 Bonds 204,500,000 204,500,000 Proposed Future Water&Sewer Bonds 50,000,000 50,000,000 Total Appropriation as of 2/10/16 $ 780,454,573 $ 3,647,000 $ 784,101,573 ATTACHMENT B FY 2015/16 CAPITAL BUDGET PROGRAMS Amended 2/10/16 Amended Amended Program Area Capital Budget 2/10/16 Revised Art in Public Places $ 352,000 $ 352,000 Bridges $ 830,000 2,200,000 $ 3,030,000 Community Centers $ 50,000 $ 50,000 Convention Center $ 511,388,000 $ 511,388,000 Environmental $ 110,000 $ 110,000 Equipment $ 5,479,000 $ 5,479,000 General Public Buildings $ 5,603,000 $ 5,603,000 Golf Courses $ - $ - Information Technology $ - $ - Lighting $ 1,677,000 $ 1,677,000 Monuments $ 350,000 $ 350,000 Parking $ - $ - Parking Garages $ 67,067,000 $ 67,067,000 Parking Lots _ $ 2,914,050 $ 2,914,050 Parks $ 7,576,414 $ 7,576,414 Renewal & Replacement $ 1,066,795 250,000 $ 1,316,795 Seawalls $ 10,026,894 $ 10,026,894 Streets/ Sidewalk Imps _ _ $ 24,661,715 1,426,000 $ 26,087,715 Transit/Transportation _ $ 14,524,000 $ 14,524,000 Utilities $ 126,778,705 (229,000) $ 126,549,705 Total Appropriation as of 2/10/16 $ 780,454,573 $ 3,647,000 $ 784,101,573 r ATTACHMENT C CAPITAL BUDGET PROJECTS Amended 2/10/16 Capital Project Name Amended Amended Revised Capital Capital Budget 2/10/16 Budget $ 14,548,102 1,100,000 $ 15,648,102 Bayshore Neighborhood-Bid Pack B-Lower North Bay Roa $ - 250,000 .$ 250,000 HVAC at NB Senior Center Sunset Island 3&4(aka Bayshore Neighborhood-Bid Pack $ 11,576,660 326,000 $ 11,902,660 D)Water Main Replacement $ 229,000 (229,000) $ - Utilities Relocations for State Projects $ 75,000 285,000 .$ 360,000 Sanitation Interior Replacement $ 343,301 (285,000) $ 58,301 South Shore Community Center-HVAC Replacement $ 4,501,688 2,200,000 $ 6,701,688 West Ave Bridge Total Appropriation as of 2/10/16 $ 31,273,751 $ 3,647,000 $ 34,920,751 COMMISSION ITEM SUMMARY Condensed Title: A Resolution of the Mayor and City Commission of the City of Miami Beach, Florida, Adopting the Third Amendment to the Capital Budget for Fiscal Year 2015/16. Key Intended Outcome Supported: Ensure Value and Timely Delivery of Quality Capital Projects, Improve Storm Drainage Citywide, and Maintain City's Infrastructure Supporting Data (Surveys, Environmental Scan, etc.): N/A Item Summary/Recommendation: 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. The CIP is updated annually and submitted to the City Commission for adoption. The 2015/16—2019/20 Capital Improvement Plan and FY 2015/16 Capital Budget was adopted on September 30, 2015 by resolution 2015- 29144 The first amendment to the Miami Beach Capital Budget for FY 2015/16 was adopted on December 9, 2015 via Resolution No. 2015-29144. The second amendment to the Miami Beach Capital Budget for FY 2015/16 was adopted on January 13,2016 via Resolution No.2016-29262. Section 166.241(4)(c.), Florida Statutes, requires that a municipality's budget amendment must be adopted in the same manner as the original budget. The Third Amendment to the FY 2015/16 Capital Budget totals an increase of$3,647,000 and re-appropriation of$514,000, in order to provide funding to the following capital projects: 1. Bayshore Neighborhood-Bid Pack B-Lower North Bay Road 2. HVAC at NB Senior Center 3. Sunset Island 3&4 Water Main Replacement 4. Sanitation Interior Replacement 5. West Avenue Bridge Project This amendment includes funding from the Capital Reserve. The remaining balance in the Capital Reserve fund after this amendment would be approximately$4,494,000. Advisory Board Recommendation: Financial Informatio9: Source • Amount Account Fu •s• _ $3,300,000 Capital Reserve Fund#304 $ 250,000 Renewal& Replacement Fund#125 c`J $ 97,000 Water&Sewer Impact Fees Fund#422 OBPI Total $3,647,000 City Clerk's Office Legislative Tracking: • Sign-Offs:Department Director Assistant City Manager ity Manager ■ • I � AGENDA ITEM R7 A MIAMI BEACH 2 -�� DATE MIAMI BEACH City of Miami Beach,1700 Convention Center Drive,Miami Beach,Florida 33139,www.miamibeachfl.gov COMMISSIO MEMORANDUM TO: Mayor Philip Levine and Members •' the City 'li mmission FROM: Jimmy L. Morales, City Manager DATE: February 10, 2016 SUBJECT: A RESOLUTION OF THE MAYOR ND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE THIRD AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2015/16. 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. The CIP is updated annually and submitted to the City Commission for adoption. The 2015/16— 2019/20 Capital Improvement Plan and FY 2015/16 Capital Budget was adopted on September 30, 2015 by resolution 2015-29144. The First Amendment to the FY 2015/16 Capital Budget was approved on December 9, 2015 by resolution 2015-29220. The Second Amendment to the FY 2015/16 Capital Budget was approved on January 13, 2016 by resolution 2016-29262. Section 166.241(4)(c.), Florida Statutes, requires that a municipality's budget amendment must be adopted in the same manner as the original budget. Administration recommends adopting the resolution for the first amendment to the FY 2015/16 Capital Budget. Resolution Adopting the Third Amendment to the Capital Budget for FY 2015/16 February 10, 2016 Page 2 of 3 THIRD AMENDMENT TO THE FY 2015/16 CAPITAL BUDGET The Third Amendment to the FY 2015/16 Capital Budget totals an increase of $3,647,000 (of which $2,200,000 is expected to be reimbursed by the County), and $514,000 in re- appropriations, in order to provide additional funding to the following capital projects. This amendment includes funding from the Capital Reserve. The remaining balance in the Capital Reserve fund after this amendment would be approximately $4,494,000. 1. Bayshore Neighborhood - Bid Pack B - Lower North Bay Road (Lighting): At the January 13, 2016 Commission Meeting, the administration brought forth item # R70 regarding Lower North Bay Road Project which included an allowance for Street Lighting Improvements in the amount of $400,000, however it was stated that this amount was insufficient to address all the lighting needs in this area. Resolution 2016-29274 was adopted for this item with direction for it to return to the City Commission with a potential budget amendment proposal to get the lighting done in this neighborhood. This amendment addresses that direction with an increase to the project in the amount of $1,100,000 to be funded from a new appropriation from the Capital Reserve Fund 304. Prior Years' Appropriations $14,548,102 February 10, 2016 Budget Amendment 1,100,000 Proposed Total Appropriations $15,648,102 2. HVAC at NB Senior Center: At the January 13, 2016 Commission Meeting, the Commission discussed item # R9L regarding North Beach Senior Center/HVAC- Related Matters. A motion was made by Commissioner Arriola to identify funding source ($200,00 to $250,000) and initiate repairs of the HVAC. This amendment addresses that motion by adding a new project in the amount of $250,000 to the Capital Improvement Projects Plan to be funded from a new appropriation from available balance in the Renewal & Replacement Fund 125. Prior Years' Appropriations $0 February 10, 2016 Budget Amendment 250,000 • Proposed Total Appropriations ro riations $250 000 Resolution Adopting the Third Amendment to the Capital Budget for FY 2015/16 February 10, 2016 Page 3 of 3 3. Sunset Island 3 & 4 (aka Bayshore Neighborhood - Bid Pack D) Water Main Replacement: This amendment adds funding pursuant to item R7B approved at the January 27, 2016 Commission Meeting for the Sunset Drive Water Main Replacement Project in the amount $326,000. Funding for this amendment comes from re-aligning remaining funds in an existing project (Utilities Relocations for State Projects) and from Water& Sewer Impact Fees as follows: -$229,000 re-aligned from Utilities Relocations for State Projects -$97,000 from a new appropriation from Water& Sewer Impact Fees Fund 422 Prior Years' Appropriations $11,576,660 February 10, 2016 Budget Amendment 326,000 Proposed Total Appropriations $11,902,660 4. Sanitation Interior Replacement: This project was funded in FY 15 in the amount of $75,000 for carpet & ceiling tile replacement, restroom renovation, locker replacement and stairway ceiling soffit renovation of the Sanitation Department facility. However an updated quote has come back in the amount of $360,000. This amendment adds the additional funding needed in the amount of $285,000 from re- appropriation of remaining funds in existing projects. -$285,000 re-appropriation from South Shore Community Center - HVAC Replacement Prior Years' Appropriations $75,000 February 10, 2016 Budget Amendment 285,000 Proposed Total Appropriations $360,000 5. Joint Participation Agreement (JPA) With Miami-Dade County To Include The Harmonization Of Dade Boulevard To The West Avenue Bridge Project: This amendment is in conjunction with item R7M on today's agenda regarding Joint Participation Agreement (JPA) with Miami-Dade County to include the harmonization of Dade Boulevard to the West Avenue bridge project. This amendment amends the scope of the capital project to add the harmonizing of Dade Boulevard (Bay Road to Venetian Bridge) with the new West Avenue Bridge and adds an -additional $2,200,000 to the project which is expected to be reimbursed by the County pursuant to Amendment No. 1 to the JPA. Funding for the $2,200,000 will come from a new appropriation from Capital Reserve. Prior Years' Appropriations $4,501,688 February 10, 2016 Budget Amendment 2,200,000 Proposed Total Appropriations _ $6,701,688 JLM/JW W c Z H� G'c•.�...,', 0 d mmT a C L H m m a O> •ZE N y>p t C m ..' .m'>LL c c m•^°J 1 cr, =E m c 7m'U y CmcOC O O): ! !U s›_W _m'c7 m a c W m N T.a m U m Q C > m 7 w m m > C m n m U V •-� Q O O c m m m L m ,,V oE m 0 7 cc a E -^ _mm E?aco 7- O FOV E ? °�U cpF m .y 3 mVUD m N aCm w Cy 0 O H e ¢ ac U U a•m M c m im• an d U. En om a„ > c a c >0 o o'v a vm nH a C p � _ m m O q `O C^ _ O m FN a m o- _ N m o'f cQ E E ° m 2 cdp co Ec Oc � wE. 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