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LTC 241-2016 Reports and Informational Items for the June 8, 2016 Commission Meeting NAIAMI BEACH OFFICE OF THE CITY MANAGER LTC # LETTER TO COMMISSION 241-2016 TO: Mayor Philip Levine and Memb s of the C y Commission FROM: Jimmy Morales, City Manager DATE: June 2, 2016 SUBJECT: REPORTS AND INFORMA ONAL ITEMS FOR THE JUNE 8, 2016 COMMISSION MEETING The following reports are attached and will also be posted on the City's website. a. Parking Status Report. b. Informational Report On All Existing City Contracts For Renewal Or Extensions In The Next 180 Days. C. CIP Monthly Construction Project Update. d. Informational Report On Capital Or Infrastructure Projects Awarded Pursuant To The National Joint Powers Alliance (NJPA) Competitively Solicited Contract For Construction Services. e. Report Of The Itemized Revenues And Expenditures Of The Miami Beach Redevelopment Agency's City Center District&South Pointe(Pre-Termination Carry Forward Balances) For The Month Of March 2016. JLM/REG/lc F:\CLER\$ALL\LILIA\Commission-Meetings\2016\June 8,2016\LTC.doc MIAMBEACH City of Miami Beach, 1700 Convention Center Drive,Miami Beach, Florida 33139,www.miamibeachfl.gov COMMISSI N MEMORANDUM TO: Mayor Philip Levine and Members f the City Co mission FROM: Jimmy L. Morales, City Manager DATE: June 8, 2016 SUBJECT: PARKING STATUS REPORT MARCH 2016 The Parking Department received revenue from different sources outlined in the categories listed below. In addition, only selected recurring expenses associated with the parking garages are reported herein. The following is a condensed presentation of revenue by source and variance: March 2015 March 2016 $variance I On/Off Metered Spaces* On/Off Metered Spaces $ 2,248,209.43 $ 3,309,939.62 $ 1,061,730.19 Total Metered Spaces $ 2,248,209.43 $ 3,309,939.62 $ 1,061,730.19 *These amounts include revenue from Pay by Phone Transactions II Enforcement" M-D Cty Pkg Violations $ 265,199.63 $ 301,128.21 $ 35,928.58 Towing 55,106.90 59,661.70 4,554.80 Total Enforcement $ 320,306.53 _$__360,789.9111 $ 40,483.38 "These amounts include revenue for the month that had not yet posted to EDEN Meter Revenue: Meter revenue is composed of both single space and multi space meters on the street and in lots as well as multi space meters located inside the City Hall and 42nd Street Garages. Meter revenue variances are driven by many variables which include, but are not limited to, road and sidewalk construction, closed streets and site of events held in the City. When compared to the prior year, the meter revenue increased due to the hourly parking rate increase effective October 12, 2015. Enforcement: The City receives a share of ticket citations for parking violations that occur in Miami Beach and are collected by Miami-Dade County. In March of 2015, enforcement staff wrote 939 citations for invalid tags. Enforcement staff is no longer issuing invalid tag citations as directed by the City's Legal Department. Despite this, citation revenue increased due to the added volume of scans and accountability provided by the new license plate recognition (LPR) devices and the increase in enforcement personnel. Agenda Item �- Date 6-�l- June 8, 2016 City Commission Memorandum Parking Status Report—March, 2016 Page 2of3 March 2015 March 2016 $variance III Off Street facilities a Garages 17th Street Garage $ 415,868.59 $ 400,124.09 $ (15,744.50) Pennsylvania Garage 96,201.89 89,000.03 (7,201.86) Sunset Harbour Garage 65,583.63 94,811.09 29,227.46 City Hall Garage 48,432.51 57,517.60 9,085.09 7th Stret Garage 247,095.32 250,092.11 2,996.79 12th Street Garage 66,877.70 67,009.36 131.66 13th Street Garage 140,879.34 140,224.95 (654.39) 42nd Street Garage 103,018.10 113,792.57 10,774.47 16th Street Garage 254,055.52 374,068.70 120,013.18 Total Garage $ 1,438,012.60 $ 1,586,640.50 $ 148,627.90 b Joint Development` 5th and Alton Garage $ 67,103.08 $ 66,052.13 $ (1,050.95) Total 5th &Alton $ 67,103.08 $ 66,052.13 $ (1,050.95) *46%of total revenue which represents the City's pro-rata share pursuant to the Development Agreement Garages: Revenues are composed of transient, monthly, and flat rate special event rates. Garage revenue variances are driven by many variables which include, but are not limited to, special events, weather, tourism, and maintenance. The overall increase at Sunset Harbor, City Hall, 7'" Street, and 16" Street garages were due to increases in the monthly permit rate approved on October 12, 2015 and the number of users. The decrease in revenue for 17" Street and Pennsylvania Avenue Garages was due to facility maintenance, lighting enhancements, and fluctuations in transient usage. The increase in transient revenue for 16" Street garage is due, in part, to refurbishment projects that took place last year during the same period, including upper level roof restoration; waterproofing over occupied retail space; joint replacements, entrance water intrusion mitigation, and painting. 5th and Alton Garage: The 5th and Alton Garage is a joint development (parking garage) with the "Developer" (Edens) containing 1 ,080 parking spaces. The Developer and City own 54% and 46% of the parking spaces, respectively, and profit/loss is also shared in the same, manner. The City's revenue portion (46%) for the month of March 2016 is $66,052.13 resulting in total net profit of $13,079.42. Pursuant to the Development Agreement, the City receives its proportionate share of profit or must subsidize any loss. The City and Developer continue to jointly pursue initiatives to promote the use of the garage. These initiatives include but are not limited to "after hours" flat rate parking; valet parking storage; monthly parking; and strategically placed electronic signage directing users to the facility. Future considerations include promotional rates for"after hours and park and ride options to the entertainment districts. 2 June 8, 2016 City Commission Memorandum Parking Status Report-March, 2016 Page 3of3 March 2015 March 2016 $variance IV Permit Sales Municipal Monthly Permits $ 9,21 1.55 $ 14,416.26 $ 5,204.71 Valet&Space Rental 204,390.00 369,697.48 165,307.48 Residential and Visitor Permits 47,654.46 68,782.02 21,127.56 Hotel Hang Tags 8,000.00 4,000.00 (4,000.00) Total Permits $ 269,256.01 $ 456,895.76 $ 187,639.75 V Preferred Lots Preferred Lots $ 220,273.06 $ - $ (220,273.06) Total Preferred Lots $ 220,273.06 $ - $ (220,273.06) VI Miscellaneous Miscellaneous $ 5,798.83 $ 5,174.67 $ (624.16) Total Miscellaneous $ 5,798.83 $ 5,174.67 $ (624.16) VII Pay by Phone Pay By Phone Transaction Fees $ 48,380.60 $ 54,440.90 $ 6,060.30 (collected on behalf of Parkmobile) Total Pay by Phone $ 48,380.60 $ 54,440.90 $ 6,060.30 Permit Sales: The sale of residential and visitor's virtual permits was introduced in fiscal year 2015, allowing residents to purchase residential permits and visitor permits for their guests online. The virtual permits are enforced using LPR technology. When compared to the prior year, the valet and space rental revenue and the P ermit revenue increased due to the rate increases effective October 12 2015. Preferred Lot: This lot is located in the front of the Convention Center, and variances are contingent on convention center special events. This lot closed at the end of December 2015 to support the Convention Center renovation project and eventual transition to a public meeting space. Miscellaneous Revenue: This category consists of other accounts including a revenue share from Deco Bike, advertising revenue, interest, etc. Parkmobile: The City Commission awarded Parkmobile to provide mobile payment application service. Mobile payment application services provides enhanced functionality over the in-vehicle parking meter. Miami Beach residents will continue to enjoy the resident discounted rate of$1 .00 per hour in the South Beach and Middle East Beach areas; from $4.00 for on-street parking and $2.00 for off-street parking in South Beach, and $3.00 for on-street parking and $2.00 for off-street parking in East Middle Beach. Moreover, Parkmobile will assess no transaction fees to Miami Beach residents for pay by phone service. Parkmobile began services on May 12, 2014. The revenue shown above represents the transaction fees collected by the City for non-resident transactions and remitted to Parkmobile in the following month. The increase is directly linked to increased usage of the mobile payme application service. JLM/ /SF f:\ping\$pers\statusreport\2016\mar.2016\march 2016 parking status report.doc 3 MIAMIBEACH City of Miami Beach, 1755 Meridian Ave 3`d Floor, Miami Beach, Florida 33139,www.miamibeachfl.gov Procurement Department Tel: 305-673-7490, Fax 305-673-7782 COMMISSION MEMORANDUM TO: Mayor Philip Levine and Members f the City ommission FROM: Jimmy L. Morales, City Manager DATE: June 8, 2016 SUBJECT: INFORMATIONAL REPORT ON ALL EXISTING CITY CONTRACTS FOR RENEWAL OR EXTENSIONS IN THE NEXT 180 DAYS On April 18, 2001, the City Commission adopted Resolution No. 2001-24332 providing for an informational report of all existing City contracts for renewal or extensions, which by their terms or pursuant to change orders exceed $25,000, and all extensions or renewals of such contracts, to be presented to the Mayor and City Commission at least 180 days prior to the contract extension or renewal date of each contract. The Administration, in addition to reporting on all existing City contracts, has included information relative to Miami-Dade County, State of Florida, U.S. Communities and Federal GSA contracts that are approved for utilization by the City Manager, pursuant to Section 2- 369 of the City Code. Please see attached informational report. JLM/MT/ T:\AGENDA\2016\June\Procurement\180 Day Report\Jun 2016-180 Day Cvr Ltr.doc Agenda Item b Date 6-%-1� L L L L N I C 1 QD C6 76 >- > N C C O S O O O N O ! 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W W = 0 0 U Q o C) o v cn Q co Q LO N 0 0 O M z M M O Q Q V O O O Attachment A RFQ-42-09/10 NOISE/ACOUSTIC/SOUND CONSULTING SERVICES ARPEGGIO ACOUTIC CONSULTING EDWARD DUGGER+ASSOCIATES, PA LANGAN ENGINEERING, PA 2015-017 CITY OF MIAMI CONTRACT NO.: 260254(16) COMMERCIAL ENERGY SPECIALISTS, INC. I PRO STAR POOL SUPPLIES S.E. FLORIDA GOVERNMENTAL PURCHASING CO-OP GROUP CONTRACT NO.: 2013-3-PW FAST-DRY COURTS, INC. MCCOURT CONSTRUCTION 2014-005 STATE TERM CONTRACT NO.: 405-000-10-1 MACMILLIAN OIL COMPANY, LLC MANSFIELD OIL COMPANY PETROLEUM TRADERS CORPORATION 2013-294-01 NIGP SOUTHEAST FLORIDA CHAPTER CONTRACT NO.: 522-10927 JOHN DEERE LANDSCAPES, INC. MELROSE SUPPLY&SALES, CORP. HORIZON DISTRIBUTORS, INC. ITB -07-11/12 ATHLETIC UNIFORMS FOR PARKS AND REC. MATTY'S SPORTS RIDDELL ALL AMERICAN ROYAL T SCREEN PRINTING CORP. ITB -25-11/12 PURCHASE OF PUBLIC SAFETY SHOES SAFETY SHOE DISTRIBUTORS, LLP GLOBAL TRADING INC. ITB -06-11/12 SPITTER TICKETS, SCRATCH-OFF HANG TAGS RYDIN DECAL TOLEDO TICKET COMPANY WELDON,WILLIAMS &LICK INC NAGELS NORTH AMERICA , LLC 1 Attachment A ITB -09-11/12 DOOR RELATED REPAIR AND REPACEMENT SERVICES AAA AUTOMATED DOOR REPAIR INC BEST GARAGE DOOR INC ITB -21-11/12 FOR CITYWIDE LOT CLEARANCE SERVICES SUPERIOR LANDSCAPING &LAWN PERSONALLY YOURS LAWN SERVICE ELAN LAWN& LANDSCAPE SERVICES RFP-17-11/12 FOR GEOTECHNICAL & LABORATORY TESTING GFA INTERNATIONAL, INC. WINGERTER LABORATORIES UNIVERSAL ENGINEERING SCIENCES HP CONSULTANTS INC. RADISE INTERNATIONAL, LLC 2016-053-01 SOUTHEAST FLORIDA GOVERNMENTAL PURCHASING CONTRACT NO.: E-34-15 ADVANCE MULCH, INC. (ITEM 9) BLISS PRODUCTS &SERVICES(ITEM 7) ADWOOD, INC. (ITEMS 1,2,6,12) EASTCOAST MULCH (ITEM 8,10,11) AMERIGROW RECYCLING(ITEM 5) SUPERIOR MULCH (ITEMS 3,4,13) ITB - 45-11/12 LEASE OF GOLF COURSE TURF MAINT EQUIP SHOWTURF, LLC DEERE CREDIT, INC. 2013-350-01 MIAMI-DADE COUNTY CONTRACT NO.: 9186-0/15 BENNETT FIRE PRODUCTS CO. LION GROUP, INC. MUNICIPAL EMERGENCY SERVICES, INC. MUNICIPAL EQUIPMENT CO. LLC 2015-148-01 FLORIDA SHERIFFS ASSOCIATION CONTRACT NO.: 15-23-0904 ALAN JAY CHEVROLET BUICK GMC CADILLAC ALAN JAY FORD LINCOLN ALAN JAY NISSAN, INC. ALAN JAY TOYOTA ALAN JAY CHRYSLER, DODGE, JEEP WAUCHULA AUTONATION CHEVROLET OF PEMBROKE PINES AUTONATION CHRYSLER DODGE JEEP RAM BECK AUTO SALES, INC. PEMBROKE PINES BECK NISSAN, INC. DAYTONA HARLEY DAVIDSON DON REID FORD, INC. DUVAL FORD GARBER CHEVROLET BUICK GMC TRUCK GARBER CHRYSLER DODGE JEEP RAM GHC MOTORSPORTS GOLF& ELECTRIC VEHICLES GREENTECH AUTOMOTIVE ORLANDO FREIGHTLINER ROUNTREE MOORE CHEVROLET CADILLAC NISSAN ROUNTREE MOORE TOYOTA 2 Attachment A STINGRAY CHEVROLET TAMPA TRUCK CENTER, LLC WEG ENTERPRISES, LLC ITB-40-11/12 mmiummi6me FENCING SERVICES RONALD M. GIBBONS, INC. ARTEMISA FENCE RFQ -55-08/09 _ TRANSPORTATION PLANNING AND TRAFFIC ENGINEERING FLORIDA TRANSPORTATION GANNETT FLEMING, INC. AECOM USA, INC. ATKINS NORTH AMERICA, INC. 2015-009-00 MIAMI-DADE COUNTY CONTRACT NO.: 7224-1/19 MCKENZIE ENVIRONMENTAL MANAGEMENT ENVRIONMENTAL MANAGEMENT CONSERVATION OIL COMPANY LLC COMPANY E-SCRAP, INC. EVERGLADES WASTE REMOVAL, LLC HYDROCARBON RECOVERY SERVICES INC. dba RAIDERS ENVIRONMENTAL SERVICES INC. FCC ENVIRONMENTAL INC. PROGRESSIVE ENVIRONMENTAL SERVICES, INC. EQ-THE ENVIRONMENTAL QUALITY COMPANY dba SWS ENVIRONMENTAL SERVICES TRIUMVIRATE ENVIRONMENTAL(FLORIDA), INC. WORLD PETROLEUM CORP. RFQ -52-11/12 VARIOUS CEI SERVICES ON AS NEEDED BASIS STANTEC CONSULTING SERVICES BERMELLO,AJAMIL&PARTNERS PARSONS BRINCKERHOFF INC ATKINS NORTH AMERICA, INC. CHEN MOORE AND ASSOCIATES, INC 2013-323-01 MIAMI-DADE COUNTY CONTRACT NO.: 8191-5/20 MTS SOFTWARE SOLUTIONS INC. CERTIFIED RECORDS MANAGEMENT LLC HOV SERVICES INC. PRISON REHAB INDUSTRIES & DIV ENTERP INC. DBA PRIDE ENTERPRISES ADVANCED DATA SOLUTIONS INC DRS GROUP OF FLORIDA INC 2013-156-04 MIAMI-DADE COUNTY CONTRACT NO.: 6582-5/16 HD SUPPLY WATERWORKS LTD MSC INDUSTRIAL SUPPLY CO BEST PLUMBING SPECIALTIES INC ALTERNA CORP DYWIDAG SYSTEMS INTERNATIONAL USA INC INTERLINE BRANDS INC AM CONSERVATION GROUP INC I HAJOCA CORPORATION DESERT DIAMOND INDUSTRIES LLC I SOLARES CONTROLS 3 Attachment A UTILITY SUPPLY ASSOCIATES INC W W GRAINGER INC FASTENAL COMPANY STONE GROUP ENTERPRISES INC FERGUSON ENTERPRISES INC LEHMAN PIPE&PLUMBING SUPPLY INC BOND PLUMBING SUPPLY INC LION PLUMBING SUPPLY INC ACE HOME CENTERS AMERICAN PLUMBING SUPPLY CO INC MIAMI WATER HEATER INC BARO HARDWARE INC ACE PUMP&SUPPLY BEE ELECTRIC A B ELECTRIC MOTORS &PUMPS AMERICAN FASTENERS CORP AAA TOOL&SUPPLY HECTOR TURF INTERNATIONAL TOOL CORP PRIMELINE PRODUCTS INC FLORIDA HARDWARE LLC BERGER PLUMBING SUPPLY INC CORCEL CORP TOOL PLACE CORPORATION A&B PIPE&SUPPLY INC USSI LLC PLUMBMASTER INC 2013-065-01 EMERGENCY MANAGEMENT ADMINISTRATIVE SUPPORT TIDAL BASIN GOVERNMENT CONSULT DAVID M SHAPIRO DISASTER 4 /\AIAMIBEACH City of Miami Beath, 1700 Convention Center Drive,Miami Beach,Florida 33139,www.miamibeachfl.gov COMMISSION MEMORANDUM TO: Mayor Philip Levine and Members of a City Commi sion FROM: Jimmy L. Morales, City Manager DATE: June 8th, 2016 SUBJECT: CIP Monthly Construction Project Update Attached please find the monthly update for active City of Miami Beach construction projects under the purview of the CIP Office. Attachment Agenda item C Date - - CD r O N t N L CL Q L r O r N L O (� = O N N �+ CO °a—' � � 3c) 0 9 L c 0 N N NT- cfly O 00 r .m.. 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Morales, City Manager DATE: June 8, 2016 SUBJECT: INFORMATIONAL REPORT CAPITAL OR INFRASTRUCTURE PROJECTS AWARDED PURSUANT TO THE NATIONAL JOINT POWERS ALLIANCE (NJPA) COMPETITVELY SOLICITED CONTRACT FOR CONSTRUCTION SERVICES Section 255.20, Florida Statutes exempts construction projects under$300,000 from formal competitive solicitation requirements. Nonetheless, the Administration believes it is prudent to establish a process,which includes assuring that qualified contractors are performing the work and competitive pricing, when awarding projects under the threshold established in Florida Statutes, while still expediting the award and completion of these projects. With these goals in mind, the Administration has pursued utilizing a process known as indefinite quantity contract(IQC)for construction services.The IQC process is used extensively by the local, state and federal governmental agencies throughout the United States to expedite the delivery of construction projects. The City Commission, at its April 23, 2014, meeting approved a recommendation by the Administration to utilize the IQC process to expedite the delivery of construction projects under$250,000 or for emergency projects as approved by the City Manager. The City, as a governmental agency member, is authorized to utilize the IQC contract for construction services competitively awarded by the National Joint Powers Alliance(NJPA). Additional information on the NJPA IQC contract is included in the attached Contract Award Memo which provides guidelines for using the NJPA contract. Following is a list of projects awarded pursuant to the NJPA IQC contract for construction services prior the City Commission meeting. PROJECT • . VALUE BRIEF SCOPE Installation and connection into the existing 8" water Normandy Shores main of eleven (11) new fire Neighborhood ROW, Phase II 2016-085 $169,106.00 hydrants at various locations within the Normandy Shores Neighborhood. Installation of a 12-inch Water Main and Force Main Ductile Iron Water Main Replacement at bridge 2016-094 $82,588.48 (WM) and 8-inch Ductile between Sunset Islands 1 & 2 Iron Force Main located on the bridge between Sunset Island 1 & 2 J I-M/MT/A�/M E/AG TAG ENDA\2016\June\Procurem ent\Reports—June 8th Agenda Item d Date -�- REPORT OF THE ITEMIZED REVENUES AND EXPENDITURES OF THE MIAMI BEACH REDEVELOPMENT AGENCY'S CITY CENTER DISTRICT SOUTH POINTE (PRE-TERMINATION CARRY FORWARD BALANCES) FOR THE MONTH OF MARCH 2016 Agenda Item Date 06-08-2016 MIAMI BEACH City of Miami Beach, 1700 Convention Center Drive,Miami Beach, Florida 33139,www.miamibeachfl.gov REDEVELOPMENT AGENCY MEMORANUM TO: Chairperson and Members of the Miami Beach Redevelopment Agency FROM: Jimmy L. Morales, Executive Director DATE: June 8, 2016 SUBJECT: Report of the Itemized Revenues and Expenditures of the Miami Beach Redevelopment Agency's City Center istrict and the South Pointe (Pre- Termination Carry Forward Balances)for the Period Ended March 31, 2016. On July 15, 1998 the Chairman and Members of the Board of the Miami Beach Redevelopment Agency resolved that an itemized report of the revenues and expenditures of the Miami Beach Redevelopment Agency, with respect to each redevelopment area, would be made available to the Chairman and Members of the Board of the Miami Beach Redevelopment Agency at the end of each month. Currently the report is provided at the scheduled commission meeting. As of September 30, 2005, the South Pointe Redevelopment District ceased to be a redevelopment area within the Miami Beach Redevelopment Agency's jurisdiction. At that point, the City of Miami Beach assumed the responsibilities for the South Pointe Area. This report will continue to summarize the capital expenditures incurred for the South Pointe construction projects that have been appropriated as of September 30, 2005 and that are being paid from the remaining RDA South Pointe TIF balance. The attached material includes the following: Section A— South Pointe (Pre-Termination Carry Forward Balances) • Summary of Accrual Basis Transactions by Project and for the Fiscal Years Ended September 30, 1988 through 2015 and the Period Ended March 31, 2016 • Summary of Operating Activities for the Period Ended March 31, 2016 Section B— City Center District • Summary of Accrual Basis Transactions by Project and for the Fiscal Years Ended September 30, 1988 through 2015 and the Period Ended March 31, 2016 • Summary of Operating Activities for the Period Ended March 31, 2016 JLM:js:mp SOUTH POINTE (PRE-TERMINATION CARRY FORWARD BALANCES) FINANCIAL INFORMATION FOR THE PERIOD ENDED MARCH 31 , 2016 ID MIAMI BEACH - - City of Miami Beach, 1700 Convention Center Drive,Miami Beach, Florida 33139,www.miamibeachfl.gov REDEVELOPMENT AGENCY MEMORANUM TO: Jimmy L. Morales, City Manager FROM: John Shumaker, Deputy Finance Director DATE: June 8, 2016 SUBJECT: South Pointe Financial Information for the Month Ended March 31, 2016 At the July 15, 1998 Commission/Redevelopment Agency meeting a request was made for monthly financial information for the South Pointe Redevelopment District. As of September 30, 2005, the South Pointe Redevelopment District ceased to be a redevelopment area within the Miami Beach Redevelopment Agency's jurisdiction. However, this report will continue to summarize the capital expenditures incurred for the South Pointe construction projects that have been appropriated as of September 30, 2005 and that are being paid from the remaining RDA South Pointe TIF balance (pre-termination carry forward balances). The information has been compiled and is attached. Historical Financial Information The summary report included in the attached material reflects that during the period from October 1, 1987 through March 31, 2016 approximately $120,063,000 of revenues were received in the South Pointe Area. On the expenditure side, approximately $114,150,000 has been expended from October 1, 1987 through March 31, 2016. These approximate expenditures were primarily made in the following areas: The cash balance as of March, 2016 is approximately$6,514,000. This balance consisted of the following amounts: Cash Balance $ 3,082,355 Investments Balance 3,431,339 $ 6,513,694 Beginning in October, 2014 the South Pointe Pre-Termination Financial Information report is presented on an accrual basis of accounting. Previous reports were presented on a cash basis of accounting. We are committed to providing excellent public service and safety to all who live, work,and play in our vibrant, tropical, historic community. Cash Flow Statement for the Period Ending March 2016 Cash at October 1, 2015 $ 6,929,138 Net income (118,484) Change in accounts receivable 105 Change in accounts payable (252,856) Change in retainage payable (44,209) Cash at March 31, 2016 $ 6,513,694 JLM:js:mp We are committed to providing excellent public service and safety to all who live, work,and play in our vibrant, tropical, historic community. SUMMARY OF TRANSACTIONS FOR THE PERIOD ENDED MARCH 31 , 2016 1 • South Pointe Pre-Termination Balances Summary of Accrual Basis • by Project Fiscal Years 1988 1 • Total Prior Years FY 2016 Rev./Expenses REVENUES Tax increment-City $ 55,162,212 $ $ 55,162,212 Tax increment-County 37,562,671 37,562,671 Tax increment(Interest)-County 26,627 26,627 Tax increment-Children's Trust 1,296,759 1,296,759 Bond proceeds 6,860,000 6,860,000 Cobb Partners-Closing Parcel 1,2 5,187,944 5,187,944 Marina rental income 3,169,547 3,169,547 Interest income 8,253,225 (919) 8,252,306 Loan from City 1,000,000 1,000,000 Grants(Fla.Inland Navig.;shoreline restore.) 350,000 350,000 Other Grants 5,000 5,000 St.sales tax(receipt-income for pmt.to St) 209,358 209,358 Daughters of Israel contrib.-reloc.Mikvah 28,000 28,000 Consulting fee refund-Rahn S.Beach 27,026 27,026 Olympus Hldg.-reimb.Portofino advertsg. 24,405 24,405 Mendelson environ.reimb./refund 10,000 10,000 Regosa Engineering refund-Marina 8,500 8,500 Portofino DRI Payment from Greenberg T. 121,531 121,531 Payment received from Greenberg T.for CMB 23,500 23,500 Payment received from Olympus Holdings,Inc. 96,276 96,276 Payment received from Marquesa,Inc. 2,000 2,000 Contribution from Continuum II for S.Pointe Park 200,000 200,000 Cost of asbestos remediation reimb.-Cobb 5,800 5,800 Miscellaneous income 8,267 8,267 Galbut&Galbut contrib.-reloc.Mikvah 3,500 3,500 Murano Two,Ltd-Cash Bond per Agreement 242,000 242,000 Other(void ck;IRS refund;prior year refund,etc) 179,341 179,341 Total Revenues 120,063,489 (919) 120,062,570 EXPENDITURES PROJECTS Cobb/Courts Land acquisition (9,444,065) (9,444,065) Legal fees/costs (4,084,795) (4,084,795) Professional services (886,620) (886,620) Title insurance (300,000) (300,000) Demolition (216,805) (216,805) Appraisal (212,440) (212,440) Board up/relocation (148,578) (148,578) Site imprvmt/prep/lot clearg/envir. (589,543) (589,543) Real estate tax (86,259) (86,259) Construction (45,000) (45,000) Utilities relocation (29,046) (29,046) Adv.due develop.('88);refund bid('89) (20,000) (20,000) Misc. (321,519) (321,519) Total Cobb/Courts (16,384,670) - (16,384,670) Marina Construction costs (1,594,094) (1,594,094) Submerged land lease (2,017,803) (2,017,803) Legal costs (648,698) (648,698) Professional services (467,017) (467,017) Parking lot improvements (464,755) (464,755) 1 of 3 RDA-South '•inte Pre-Termination Balances Summary of Accrual Basis Transactions by • Fiscal Years •8: 1 • Total Prior Years FY 2016 Rev./Expenses Pool&deck improvements (285,555) (285,555) Shoreline restoration (212,526) (212,526) Site improvements (80,883) (80,883) Landscaping (80,448) (80,448) Environmental (18,076) (18,076) Miscellaneous (43,401) (43,401) Total Marina (5,913,256) - (5,913,256) Portofino Legal costs/closing costs (1,926,558) (1,926,558) Environmental cleanup (379,268) (379,268) Appraisal costs (80,518) (80,518) Professional services (580,992) (580,992) Utility relocation (1,844,167) (1,844,167) Advertising (52,594) (52,594) Miscellaneous('95 incl.$3k-temp svc) (15,784) (15,784) Yacht Club Lease Agreement (1,284,101) (1,284,101) Ad Valorem Property Tax-Yacht Club (74,588) (74,588) Murano Garage Lease Agreement (1,149,437) (1,149,437) Ad Valorem Property Tax-Murano (85,442) (85,442) Murano(Marina Garage)Common Area Maintenance (93,247) (93,247) Yacht Club Common Area Maintenance (37,893) (37,893) Murano Grande Lease Agreement (1,844,357) (1,844,357) Ad Valorem Property Tax-Murano Two (50,600) (50,600) ICON Lease Agreement (2,585,476) (2,585,476) Refund of Cash Bond (242,000) (242,000) Mailing,printing (3,269) (3,269) Total Portofino (12,330,291) - (12,330,291) South Pointe Streetscape/Park Construction costs (23,540,104) (5,349) (23,545,453) Legal costs (2,614,818) (2,614,818) Professional services (11,812,241) (11,812,241) Miscellaneous (467,677) (467,677) Total South Pointe Streetscape/Park (38,434,840) (5,349) (38,440,189) SSDI Legal cost (117,435) (117,435) Property Taxes SSDI North (92,371) (92,371) Construction (6,222,118) (6,222,118) Advance due to developer (15,017) (15,017) Total SSDI (6,446,941) - (6,446,941) Other Projects Fifth St.Beautification (300,000) (300,000) Beach Colony(I'scape/stscape/site imprvmt) (80,912) (80,912) Marriott (53,061) (53,061) Washington Ave. (1,541,983) (1,541,983) Washington Ave Surface Lot (280,790) (280,790) Design guidelines (43,708) (43,708) MBTMA/Mobility (32,225) (32,225) S.Pointe Zoning (20,819) (20,819) South Pointe Pier (85,092) (85,092) Alaska Baywalk (218,323) (218,323) Victory/Community Gardens (174,477) (174,477) Washington Park (50,590) (50,590) 2of3 South •inte Pre-Termination Balances Summary of •sis Transactions by • Fiscal Years 1988 • Total Prior Years FY 2016 Rev./Expenses Water/Sewer Pump Station Upgrade (1,064,020) (1,064,020) Flamingo S.Bid A R.O.W. (402,639) (402,639) Flamingo Neigh-Lummus (428,246) (428,246) Flamingo 10g-6St ROW Improvement (31,782) (3,910) (35,692) Potamkin Project(5th&Alton) (318,525) (318,525) Lummus Park (103,916) (103,916) Wayfinding Project (177,081) (177,081) Jewish Museum of Florida (500,000) (500,000) MBCDC Loan-530 Meridian Bldg. (1,500,000) (1,500,000) First Street Improvement Alton&Wash (5,927) (5,927) 6th&Lenox Infrastructure Project (772,450) (772,450) Beachwalk II Project (850,873) (5,927) (856,800) 54"Diameter Sewer Force (482,627) (102,379) (585,006) Miscellaneous (60,132) (60,132) Total Other Projects (9,580,198) (112,216) (9,692,414) Total Projects (89,090,196) (117,565) (89,207,761) Administration Management Fees (3,942,700) (3,942,700) Interlocal Agreement (1,716,010) (1,716,010) Professional services (437,225) (437,225) Sales tax (211,233) (211,233) Legal costs (134,623) (134,623) Bond costs (85,180) (85,180) Outside Audit fees (98,275) (98,275) Salaries (47,134) (47,134) Other (42,196) (42,196) Temporary staffing (47,695) (47,695) Office supplies/postage/printing (63,291) (63,291) TIF to County (22,523) (22,523) Advertising&Promotion (22,029) (22,029) Miscellaneous (193,201) (193,201) Travel&entertainment (16,280) (16,280) Furniture&fixtures (6,734) (6,734) Dues&memberships (6,509) (6,509) Net Premium/Discount on investment (20,187) (20,187) Accrued interest on investments (290,834) (290,834) Total Administrative (7,403,859) - (7,403,859) Debt Service/Loan Repayment (14,028,441) (14,028,441) Miscellaneous Carner Mason settlement (946,163) (946,163) City of Miami Beach(reimburse water main) (74,067) (74,067) Miscellaneous (24,503) (24,503) (1,044,733) - (1,044,733) Community Policing (2,465,482) (2,465,482) Total expenditures (114,032,711) (117,565) $ (114,150,276) ENDING BALANCE $ 6,030,778 $ (118,484) 3 of 3 South Pointe Pre-Termination Summary of Operating Year-To-Date and For the Month Ending March 2016 Year to date Expenditures Expenditures 379 RDA South Pointe Capital Proj 379-2333-069357 Capital-Contracts 5,349.34 5,349.34 Total rwssprdaiv S Pointe Impry Ph III-V 5,349.34 5,349.34 379-2541-061357 Design-Capital Contracts 250.87 4,926.87 379-2541-069357 Capital-Contracts 500.00 1,000.00 Total Beachwalk II 750.87 5,926.87 379-2737-061357 Design-Capital Contracts 0.00 0.00 379-2737-069357 Capital-Contracts 0.00 102,378.26 Total pwc54irsfm 54in Diam Red 0.00 102,378.26 379-2986-061357 Design-Capital Contracts 0.00 3,910.00 Total pksflam10g Flamingo 10g-6 St. 0.00 3,910.00 Total Expenditures 6,100.21 117,564.47 Year to date Revenues Revenues 379 RDA South Pointe Capital Proj 379-8000-361110 Interest on Investments (160.30) (1,186.19) 379-8000-361130 Interest-Repurchase Agreement 102.25 266.74 379-8000-361720 Unrealized Gain/Loss-Invest<1 year 0.00 0.00 Total Revenues (58.05) (919.45) Total Revenues $ (919.45) Total Expenses 117,564.47 Total Net Income $ (118,483.92) i The Check reqister for the Redevelopment Agency-South Pointe Pre-Termination is located at https://secure.miamibeachfl.qov/apvendorviewer/chksearch.aspx The Monthly Construction Projects update for active South Pointe Pre-Termination is located at http://www.miamibeachfl.gov/cityclerk/scroll.aspx?id=77106 Page 1 of 1 CITY CENTER REDEVELOPMENT DISTRICT FINANCIAL INFORMATION FOR THE PERIOD ENDED MARCH 31 s 2076 MIAMSEACH City of Miami Beach, 1700 Convention Center Drive,Miami Beach, Florida 33139,www.miamibeachfl.gov REDEVELOPMENT AGENCY MEMORANUM TO: Jimmy L. Morales, City Manager FROM: John Shumaker, Deputy Finance Director DATE: June 8, 2016 SUBJECT: City Center Redevelopment District Financial Information For the Period Ended March 31, 2016 At the July 15, 1998 Commission/Redevelopment Agency meeting a request was made for monthly financial information for the City Center Redevelopment District. The information has been compiled and is attached. Historical Financial Information The summary report included in the attached material, reflects that during the period from October 1, 1993 through March 31, 2016 approximately $806,654,000 of revenues were received in the City Center District of the Redevelopment Agency ("RDA"). On the expenditure side, approximately $657,896,000 has been expended from October 1, 1993 through March 31, 2016. The cash balance as of March 31, 2016 is approximately $146,240,000. This balance consisted of the following amounts: Cash Balance $ 54,066,524 Petty Cash 500 Investments Balance 85,380,784 Debt Service Reserves 6,791,858 $ 146,239,666 Beginning in October, 2014 the City Center Redevelopment District Financial Information report is presented on an accrual basis of accounting. Previous reports were presented on a cash basis of accounting. Cash Flow Statement for the Period Ending March 2016 Cash at October 1,2015 109,797,737 Net income 37,135,555 Change in accounts receivable 102,110 Change in interest 15,305 Change in due from otherfunds (1,726,070) Change in prepaid expenses (491,002) Change in accounts payable (1,096,603) Change in accrued expenses (984,208) Change in due to other funds 3,154,750 Change in due to other government 30,912 Change in deferred revenue (57,815) Change in access card deposit 94,688 Change in retainage payable 264,307.00 Cash at March 31, 2016 $ 146,239,666 JLM:js:mp SUMMARY OF TRANSACTIONS FOR THE PERIOD ENDED MARCH 31 , 2016 Redevelopment Agency- City Center/Historic Convention Village Summary of Accrual Basis Transactions by Project Fiscal Years ••, 1 • Total Prior Years FY 2016 Rev/Expenses REVENUES Tax increment-County $ 196,591,447 18,915,755 $ 215,507,202 Tax increment-City 198,397,701 23,113,294 221,510,995 Tax increment (Interest)-County 19,057 19,057 Tax increment-Children's Trust 15,283,484 2,146,798 17,430,282 Bond proceeds 108,779,453 108,779,453 Rental income 292,859 292,859 Anchor Garage receipts 41,453,244 1,735,798 43,189,042 Anchor Garage deposit card receipts 30,788 30,788 Anchor Shops rental income 10,165,541 444,370 10,609,911 Anchor Shops rental deposits 193,044 193,044 Pennsylvania Garage receipts 3,582,982 507,014 4,089,996 Pennsylvania Garage deposit card receipts 240 240 Pennsylvania Shops rental income 1,039,720 1,039,720 Pennsylvania Shops rental deposits 302,700 302,700 Legal settlement 100,000 100,000 Loews Facility Use/Usage Fee 145,462 145,462 Loews Ground Lease Receipts 8,240,984 8,240,984 Loews Hotel-exercise option 27,498,975 27,498,975 RDP Royal Palm Ground Lease Receipts 470,222 470,222 RDP Royal Palm-Sale of Land 12,562,278 12,562,278 New World Symphony Contribution 250,000 250,000 Interest income/Unrealized Gain/Loss Invest 22,134,921 (579) 22,134,342 Resort tax contributions 55,977,581 55,977,581 Cost of Issuance Proceeds-Series 2005 8,856,281 11,054,824 19,911,105 Bid deposits-hotels 375,000 375,000 Bid deposits-cinema 100,000 100,000 Loan from City 3,000,000 3,000,000 Line of credit from City 19,190,000 19,190,000 Cultural Campus 1,975,762 1,975,762 Transfers In(Reimbursement) St.Moritz Hotel-refund/reimbursement 925,450 925,450 Reimbursements(GMCVB/RE taxes/Grants) 3,864,530 3,864,530 St.sales tax(receipt-income for pmt.to St) 2,371,561 2,371,561 Miami City Ballet-Capital 106,802 27,603 134,405 Miami City Ballet Lease/Maint 267,009 24,696 291,705 Anchor Garage insurance reimbursement 26,170 26,170 Real Estate taxes refund 299,056 299,056 Refund Due to/From 1,128,005 1,128,005 Refund-Loews-Water/Sewer Impact Fees 348,319 348,319 Refund-Police Salaries and Wages 844,503 844,503 Miscellaneous/Prior Year Refunds&Voids 1,468,184 25,567 1,493,751 TOTAL REVENUES $ 748,659,315 $ 57,995,140 $ 806,654,455 EXPENDITURES Projects African-American Hotel Appraisal fees (4,200) (4,200) Bid refund (50,000) (50,000) Board up (50,995) (50,995) Construction(soil remediation/tank) (9,800) (9,800) Delivery (503) (503) Electric service (422) (422) Environmental clean up (161,613) (161,613) Equipment rental (14,815) (14,815) Fire alarm service (13,870) (13,870) 1 of 6 i Redevelopment ..e Summary of Accrual Basis Transactions by • Fiscal Years ... 2016 Total Prior Years FY 2016 Rev/Expenses Hotel negotiation consultant (126,131) (126,131) Land acquisition (10,592,060) (10,592,060) Legal fees/costs (667,871) (667,871) Lot clearing (16,924) (16,924) Maintenance (48,173) (48,173) Miscellaneous (309,495) (309,495) Owner's representative fees&expenses (293,757) (293,757) Postage, printing&mailing (4,153) (4,153) Professional services (144,049) (144,049) Public notice/advertisement (13,951) (13,951) Refund of deposits (175,000) (175,000) Reimbursements (15,799) (15,799) Relocation (32,400) (32,400) Security guard service (170,015) (170,015) Title insurance (25,271) (25,271) Travel&related expenses (2,159) (2,159) Water/Sewer(impact fees) (25,240) (25,240) Total African-American Hotel (12,968,666) - (12,968,666) Convention Hotel Administrative fees (5,436) (5,436) Appraisal fees (67,150) (67,150) Bid refund (100,000) (100,000) Bond costs (173,998) (173,998) Building permit fees (172,451) (172,451) Construction (33,265,118) (33,265,118) (1,778) (1,778) Demolition (47,361) (47,361) Environmental clean up (19,556) (19,556) Equipment rental (24,389) (24,389) Fire alarm service (600) (600) Hotel selection/study (263,357) (263,357) Hotel negotiation consultant (723,112) (723,112) Land acquisition (20,673,575) (20,673,575) Legal fees/costs (1,026,811) (1,026,811) Lot clearing (12,407) (12,407) Maintenance (695) (695) Miscellaneous (28,063) (28,063) Owner's representative fee&expenses (1,218,615) (1,218,615) Postage, printing&mailing (15,977) (15,977) Professional services (275,568) (275,568) Public notice/advertisement (5,996) (5,996) Reimburse closing costs to C.M.B. (3,000,000) (3,000,000) Reimbursements (27,902) (27,902) Security guard service (26,563) (26,563) Temporary staffing (3,000) (3,000) Training,conferences&meetings (1,750) (1,750) Travel&related expenses (25,800) (25,800) Water/sewer service (308,979) (308,979) Total Convention Hotel (61,516,007) - (61,516,007) Hotel Garage-Construction Administrative fees (26,248) (26,248) Appraisal fees (24,913) (24,913) Board up (9,763) (9,763) Bond costs (37,442) (37,442) Building permit fees (818) (818) Construction draw (13,773,347) (13,773,347) Delivery (230) (230) 2 of 6 Redevelopment Agency- City Center/Historic Convention Village Summary of • by • Fiscal Years ••, 1 • Total Prior Years FY 2016 Rev/Expenses Demolition (155,834) (155,834) Electric service (1,554) (1,554) Equipment rental (360) (360) Environmental (30,824) (30,824) Land acquisition (3,312,947) (3,312,947) Legal fees/costs (239,024) (239,024) Maintenance (832) (832) Miscellaneous (36,680) (36,680) Owner's representative fee&expenses (311,094) (311,094) Printing (6,915) (6,915) Professional services (80,094) (80,094) Public notice/advertisement (6,525) (6,525) Reimbursement (10,759) (10,759) Relocation (99,384) (99,384) Security guard service (81,247) (81,247) Water/sewer service (1,142) (1,142) Total Hotel Garage (18,247,976) - (18,247,976) Movie Theater Project Appraisal fees (4,500) (4,500) Bid refund (80,000) (80,000) Delivery (476) (476) Equipment rental (4,032) (4,032) Legal fees (57,299) (57,299) Miscellaneous (2,913) (2,913) Professional services (14,380) (14,380) Refund of deposit (1 0,000) (10,000) Traffic parking study (8,600) (8,600) Total South Beach Cinema (182,200) - (182,200) Lincoln Road Appraisal fees (5,000) (5,000) Delivery (8) (8) Equipment rental (11,900) (11,900) Legal fees (10,827) (10,827) Lot clearing (5,440) (5,440) Lighting (60,805) (60,805) Maintenance (195,588) (195,588) Miscellaneous (582) (582) Postage, printing&mailing (810) (810) Professional services (99,553) (99,553) Reimbursements (23,581) (23,581) Revitalization (960,522) (960,522) Repayment of Loan (21,776,959) (21,776,959) Temporary staffing (66,158) (66,158) Training,conferences&meetings (1,518) (1,518) Travel&related expenses (771) (771) Total Lincoln Road (23,220,022) - (23,220,022) Beachwalk Environmental (5,400) (5,400) Miscellaneous (212,613) (212,613) Professional services (5,015,698) (5,015,698) Total Beachwalk (5,233,711) - (5,233,711) Convention Center Convention Center Hotel (386,551) (2,138) (388,689) Convention Center Improvement (8,790,086) 9,527,668 737,582 Total Convention Center (9,176,637) 9,525,530 348,893 3 of 6 i Redevelopment Agency- City Center/Historic Convention Village Summary of Accrual Basis Transactions by Project Fiscal Years •'4 1 • Total Prior Years FY 2016 Rev/Expenses Collins Park Cultural Center Appraisal fees (24,605) (24,605) Environmental (137,515) (137,515) Land acquisition (6,661,982) (6,661,982) Construction (7,814,087) (7,814,087) Legal fees (768,507) (768,507) Miscellaneous (156,498) (156,498) Professional services (1,242,704) (1,242,704) Streetscape (401,312) (401,312) Utilities (110,168) (110,168) Children's Feature (7,200) (7,200) Total Cultural Campus (17,324,578) - (17,324,578) Other Projects Bus Prop.Ctr. (159) (159) Chamber of Commerce Relocation Study (2,000) (2,000) Colony Theater-Stage Lighting-Coils Repl (6,618,783) (6,618,783) Construction of Library (14,586) (14,586) East/West Corridor (88) (88) Electrowave (3,161) (3,161) Garden Center (3,077) (3,077) Guidelines (12,450) (12,450) Old City Hall (499) (499) 17th Street Surface Lot (256,887) (256,887) 10A Surface Lot-Lennox (382,854) (382,854) Streetscapes (324,849) (324,849) 6th Street Streetscape (577) (577) Botanical Gardens (356,552) (356,552) Transportation Mobility Study (32,225) (32,225) Convention Center Streetscape (2,251,631) (2,416,054) (4,667,685) New World Symphony (21,591,976) (21,591,976) New World Symphony-Lincoln Park (14,440,890) (14,440,890) Washington Avenue Streetscape (3,198,183) (3,198,183) Rotunda/Collins Park 9/30/2014 (735,652) (735,652) R.O.W. Improvements (2,356,207) (2,356,207) Flamingo(16 St.Corridor) (4,721) (4,721) Flamingo Neigh.South-Bid A (10,186) (10,186) Flamingo Neigh. Lummus-Bid B (456,047) (456,047) Flamingo Bid C (13,877) (13,877) Beachfront Restrooms (431,147) (431,147) Water&Wastewater Pump Station (1,228,541) (1,228,541) Miami City Ballet&HVAC (5,859,594) (5,859,594) Wayfinding Project (348,123) (348,123) West Ave/Bay Road Neigh. Improve. (750,000) (750,000) Multi-Purpose Building Adj.City Hall (14,762,648) (14,762,648) Bass Museum (11,011,537) (236,607) (11,248,144) Bass Museum Hydraulic (2,750) (2,750) Bass Museum HVAC Improv./Heat Pump (149,425) (149,425) Bass Museum Exterior Lighting (37,359) (37,359) Bass Museum Heat Pump Replacement (49,816) (49,816) Bass Museum Wheater Seal (92,613) (92,613) 4 of 6 Redevelopment •ency-City Center/Historic Convention Summary of Accrual Basis Transactions by Project Fiscal Years ••, 1 • Total Prior Years FY 2016 Rev/Expenses Bass Museum Hydraulic (4,419) (4,419) Botanical Garden Window (19,050) (19,050) The Barclay,the Allen and the London House (14,154,643) (14,154,643) Carl Fisher Renewal and Replacement (131,286) (131,286) Alleyway Restoration Program (221,632) (221,632) Lincoln Road Between Lennox and Alton (6,173,406) (6,173,406) City Center Neighborhood Improvement (304,449) (34,116) (338,565) Lincoln Road Between Collins/Washington (1,460,915) (1,460,915) Lincoln Road Fountain (4,484) (4,484) Lincoln Road Mall Accent Light (90,446) (90,446) Aluminum Street Lighting Pole (168,060) 4,703 (163,357) Lincoln Road Landscaping (58,271) (58,271) Reserve Euclid Avenue Improvement (232,135) (232,135) Lincoln Road Uplighting (7,820) (7,820) Lincoln Road Master Plan (500,000) (500,000) 1100 Lincold Road Updates (11,729) (11,729) Little Stage Complex (325,593) (325,593) Preferred Parking Surface Lot (526,649) (526,649) Tree Wells Pilot Project (409,571) (409,571) Washington Ave.Bridge Restoration Loan (700,000) (700,000) Collins Canal Enhancement Project (1,446,093) (1,446,093) Collins Park Parking Garage-and Land (7,471,545) (29,351) (7,500,896) Collins Park Ancillary Improvement (100,773) (95,000) (195,773) CCHV Neighborhood Improvements (11,672,435) (11,672,435) 21st Street Recreational Center Repairs (14,901) (14,901) Animal Waste Dispensers&Receptacles (25,000) (25,000) Trash Receptacles (12,400) (12,400) Pedestrian Countdown Signals (54,868) (54,868) Maze Project-21st Street&Collins (135,000) (135,000) Directory Signs in City Center ROW (190,277) (190,277) Beach Shower Replacement&Renovation (6,355) (6,355) 24"PVC Sanitary Sewer Improvements (315,016) (315,016) Bicycle Parking Phase 2 (8,620) (8,620) Bicycle Parking Project (32,923) (32,923) Total Other Projects (134,415,908) (3,172,951) (137,588,859) Total Projects (282,285,705) 6,352,579 (275,933,126) Administration Administrative fees (225) (225) Anchor Shops Leasing (134,878) (134,878) Appraisal fees (7,000) (7,000) Bond costs/Bond Trustee. Fees (2,200,650) (2,200,650) Delivery (1,400) (1,400) Dues&subscriptions (10,830) (10,830) Facility Usage-Loews Hotel (117,377) (117,377) Management fees (2,836,300) (2,836,300) Interlocal Agreement/City Center Operation (24,440,327) (541,437) (24,981,764) Miscellaneous (83,225) (83,225) Office supplies (45,009) (45,009) Postage,printing&mailing (58,414) (1,467) (59,881) 5 of 6 Redevelopment Agency- City Center/Historic Convention Village Summary of Accrual Basis Transactions by Project Fiscal Years ••, • Total Prior Years FY 2016 Rev/Expenses Professional services (1,166,950) (1,166,950) Parks Maintenance by Parks Department (178,579) (94,417) (272,996) Public notice/advertisement (2,496) (2,496) Reimbursements (62,184) (62,184) Sales tax (180,222) (180,222) Settlement Costs (457,500) (457,500) Legal Fees(Ongoing Litigation) (334,629) (334,629) Temporary staffing (14,197) (14,197) Training,conferences&meetings (19,294) (19,294) Travel&related expenses (1,769) (1,769) Accrued interest on investments (479,466) (479,466) Total Administration (32,832,921) (637,321) (33,470,242) New World Symphony Grant In Aid (15,000,000) (15,000,000) Capital projects Maintenance (12,434,581) (12,434,581) City Center Greenspace Management (3,083,927) (249,240) (3,333,167) South Beach area-Property Management (10,532,237) (596,975) (11,129,212) RDA City Center Code Compliance (182,122) (96,563) (278,685) RDA City Center Sanitation (3,061,000) (1,391,250) (4,452,250) Cost of Issuance Series 2005 A&B (8,829,107) (11,054,824) (19,883,931) Debt Service/Loan Repayment (194,752,966) (9,045,236) (203,798,202) Anchor Garage Operations (29,468,291) (1,517,749) (30,986,040) Anchor Shops Operation (2,405,917) (61,822) (2,467,739) Pennsylvania Ave-Garage Operations (3,216,573) (302,029) (3,518,602) Pennsylvania shops operations (1,699,263) (190,846) (1,890,109) Community Policing-CCHCV (37,252,190) (2,068,309) (39,320,499) TOTAL EXPENDITURES (637,036,800) (20,859,585) (657,896,385) ENDING BALANCE $ 111,622,515 $ 37,135,555 6 of 6 Redevelopment Agency-City Convention Village Summary of Operating Fiscal Year 1994-2016 Year-to-date Revenues Revenues 165 RDA-Loews/Royal Palm Proceeds 165-8000-361145 Interest Allocated-Pooled Cash 7,362.45 11,936.03 165-8000-362211 Miami City Ballet-Base Rent 0.00 1.00 165-8000-362219 Miami City Ballet-Capital Sub-Account 15,727.00 27,602.00 165-8000-362220 Miami City Ballet-Maint.Sub-Account 6,987.62 24,695.62 Total Normandy Pool Concession Agreement 30,077.07 64,234.65 168 RDA City Center Operations 168-8000-311400 RDA/Tax Increment-County 0.00 18,915,755.00 168-8000-345920 RDA Tax Increment-City 0.00 23,113,294.00 168-8000-345950 RDA Tax Increment-Other 0.00 2,146,798.00 168-8000-361145 Interest Allocated-Pooled Cash 47,465.79 68,802.40 168-8000-369999 Miscellaneous 0.00 540.00 Total RDA City Center Operations 47,465.79 44,245,189.40 202 RDA City Center Debt Service 202-8000-361130 Interest-Repurchase Agreement 0.00 219.34 202-8000-381200 Transfers In-RDA 0.00 11,054,823.50 Total RDA City Center Debt 0.00 11,055,042.84 365 RDA City Center Projects 365-8000-361110 Interest on Investments 11,154.13 140,482.74 365-8000-361130 Interest-Repurchase Agreement 1,174.74 4,132.24 365-8000-361145 Interest Allocated-Pooled Cash (75,001.17) (123,931.93) 365-8000-361720 Unrealized Gain/Loss-Invest<1 year 0.00 247,543.48 365-8000-361760 Unrealized Gain/Loss-Invest>1 year 0.00 (392,955.26) Total RDA City Center Projects (62,672.30) (124,728.73) 463 RDA Anchor Garage 463 463-8000-344587 Valet Parking(Off)-Taxable 66,100.93 141,064.97 463-8000-344903 Monthly Permits-Taxable 17,450.00 207,450.00 463-8000-344911 Attended Parking Sales 290,517.77 1,387,283.19 463-8000-361145 Interest Allocated-Pooled Cash 11,041.32 23,926.56 463-8000-369400 Refunds and Reimbursements 22,813.08 24,233.35 463-8000-369999 Miscellaneous 142.16 751.66 Total RDA Anchor Garage 463 408,065.26 1,784,709.73 465 RDA Anchor Shoppe 465 465-8000-361145 Interest Allocated-Pooled Cash 7,850.04 16,551.44 465-8000-362210 Rent/Lease Property-Misc 62,781.08 399,928.56 465-8000-369942 Capital and Maintenance 7,053.38 44,440.49 Total RDA Anchor Shoppe 465 77,684.50 460,920.49 466 RDA Pennsylvania Ave-Shops 466 466-8000-361145 Interest Allocated-Pooled Cash 35.15 172.44 Total RDA Pennsylvania Ave- 35.15 172.44 467 RDA Pennsylvania Ave-Garage 467 467-8000-344411 Pennsylvania Ave.Garage-Transient 63,100.03 348,698.92 467-8000-344412 Pennsylvania Ave.Garage-Monthly 25,900.00 158,315.00 467-8000-361145 Interest Allocated-Pooled Cash 1,246.42 2,543.06 467-8000-369999 Miscellaneous (55.98) 42.16 Total RDA Pennsylvania Ave- 90,190.47 509,599.14 Total Revenues 590,845.94 57,995,139.96 Page 1 of 5 Redevelopment Agency-City Convention Village Summary of Operating Fiscal Year • • , • Year-to-date Expenditures Expenditures 165 RDA-Loews/Royal Palm Proceeds 165-1985-000502 Property Mgmt-Internal Svc 0.00 1,467.15 Total RDA/City Center Operations 0.00 1,467.15 165-2814-061357 Design-Capital Contracts 757.00 2,138.25 Total pfcconvhot Convention Center Hotel 757.00 2,138.25 165-2816-061357 Design-Capital Contracts (6,337,059.66) (8,940,797.34) 165-2816-069351 Capital-CMB Construction Mgt (39,254.08) (586,871.04) Total pfcconvctr Convention Center (6,376,313.74) (9,527,668.38) 168 RDA City Center Operations 168-0050-000494 Transfer Out-Debt Service 0.00 11,054,823.50 Total Transfers Out 0.00 11,054,823.50 168-0945-000111 Salaries and Wages 8,974.31 32,432.58 168-0945-000135 Overtime 239.16 844.63 168-0945-000136 Holiday Pay-Overtime 0.00 1,329.62 168-0945-000162 Health&Life Insurance 2.67 7.14 168-0945-000164 FICA 343.41 1,073.58 168-0945-000165 Social Security Medicare 133.60 487.52 168-0945-000166 FICA Alternative(457) 91.86 407.64 168-0945-000312 Professional Services 6,734.73 44,471.39 168-0945-000343 Other Operating Expenditures 0.00 13,362.50 Total Parks Maintenance by Parks Dept. 16,519.74 94,416.60 168-1124-000111 Salaries and Wages 139,119.50 685,046.39 168-1124-000132 Shift Differential 2,253.64 9,349.33 168-1124-000135 Overtime 30,342.47 269,156.92 168-1124-000136 Holiday Pay-Overtime 0.00 21,278.31 168-1124-000137 Court Overtime 4,242.18 33,198.29 168-1124-000138 Police/Fire Educational Suppl 833.94 4,150.44 168-1124-000139 Work Above Classification 87.80 381.08 168-1124-000153 Allowances 6,471.85 31,629.42 168-1124-000154 Uniforms 8,276.29 8,607.09 168-1124-000155 Physical Assessment Benefit 0.00 500.00 168-1124-000159 Transfers-Pension Obligation 10,500.00 63,000.00 168-1124-000161 Retirement Contributions-Pension 81 333.33 487 999.98 , 168-1124-000162 Health&Life Insurance 28,083.37 120,786.29 168-1124-000163 Workmen's Compensation Pay 83.33 499.98 168-1124-000164 FICA 269.85 414.93 168-1124-000165 Social Security Medicare 3,086.26 14,540.63 168-1124-000168 OPEB pay-as-you-go 8,750.00 52,500.00 168-1124-000316 Telephone 900.77 3,710.62 168-1124-000323 Rent-Building&Equipment 640.16 3,200.80 168-1124-000342 Contracted Services-Repairs and Maint. 155.00 269.99 168-1124-000349 Other Contractual Services 3,894.13 72,333.00 168-1124-000367 Training&Awards 0.00 349.00 168-1124-000503 Fleet Management-Internal Svc 14,245.25 72,314.80 168-1124-000505 Self Insurance-Internal Svc 10,416.67 62,500.02 168-1124-000506 Applications/Computer Hardware/Network 8,167.00 49,002.00 168-1124-000513 Fleet Accidents-Internal Svc 103.12 1,589.16 Total Police-CCHCV RDA 362,255.91 2,068,308.47 168-1985-000312 Professional Services 12,016.35 18,492.68 168-1985-000322 Administration Fees 81,833.00 490,998.00 168-1985-000361 Dues&Memberships 0.00 175.00 168-1985-000501 Central Services-Internal Svc 244.20 2,567.98 168-1985-000502 Property Mgmt-Internal Svc 0.00 29,204.18 Total RDA/City Center Operations 94,093.55 541,437.84 Page 2 of 5 Redevelopment Agency-City Convention Village Summary of Operating Fiscal Year 1994-2016 168-9963-000111 Salaries and Wages 9,944.72 47,148.96 168-9963-000132 Shift Differential 28.37 159.89 168-9963-000135 Overtime 6,097.50 23,224.71 168-9963-000136 Holiday Pay-Overtime 0.00 2,314.54 168-9963-000153 Allowances 7.00 186.06 168-9963-000161 Retirement Contributions-Pension 2,166.67 13,000.02 168-9963-000162 Health&Life Insurance 1,387.24 6,000.54 168-9963-000165 Social Security Medicare 226.49 1,027.98 168-9963-000168 OPEB pay-as-you-go 583.33 3,499.98 Total RDA Code Compliance 20,441.32 96,562.68 168-9964-000111 Salaries and Wages 30,381.50 117,090.11 168-9964-000133 Steeplejack 7.75 27.50 168-9964-000135 Overtime 0.00 3,526.46 168-9964-000136 Holiday Pay-Overtime 0.00 277.67 168-9964-000139 Work Above Classification 189.08 964.87 168-9964-000153 Allowances 48.83 263.90 168-9964-000159 Transfers-Pension Obligation 83.33 499.98 168-9964-000161 Retirement Contributions-Pension 6,833.33 40,999.98 168-9964-000162 Health&Life Insurance 2,059.84 8,704.65 168-9964-000165 Social Security Medicare 434.81 1,732.26 168-9964-000168 OPEB pay-as-you-go 1,750.00 10,500.00 168-9964-000316 Telephone 0.00 204.44 168-9964-000325 Contract Maintenance 28,074.84 106,132.68 168-9964-000342 Contracted Services-Repairs and Maint. 0.00 1,471.10 168-9964-000343 Other Operating Expenditures 788.00 788.00 168-9964-000502 Property Mgmt-Internal Svc 107,899.75 282,794.81 168-9964-000503 Fleet Management-Internal Svc 434.25 3,997.07 168-9964-000505 Self Insurance-Internal Svc 2,833.33 16,999.98 Total South Beach Area-Property Mgmt 181,818.64 596,975.46 168-9965-000342 Contracted Services-Repairs and Maint. 0.00 1,391,250.00 Total RDA City Center Sanitation 0.00 1,391,250.00 168-9966-000111 Salaries and Wages 14,740.46 75,215.65 168-9966-000135 Overtime 73.20 615.49 168-9966-000136 Holiday Pay-Overtime 0.00 72.85 168-9966-000139 Work Above Classification 185.82 1,629.35 168-9966-000153 Allowances 315.45 315.45 168-9966-000159 Transfers-Pension Obligation 83.33 499.98 168-9966-000161 Retirement Contributions-Pension 4,750.00 28,500.00 168-9966-000162 Health&Life Insurance 2,918.74 13,937.18 168-9966-000165 Social Security Medicare 203.65 1,042.84 168-9966-000168 OPEB pay-as-you-go 1,250.00 7,500.00 168-9966-000312 Professional Services 8,050.00 8,050.00 168-9966-000325 Contract Maintenance 78,559.97 111,860.88 Total Greenspace Mgmt.Public Works 111,130.62 249,239.67 Total RDA City Center Operations 786,259.78 16,093,014.22 202 RDA City Center Debt Service 202-4255-000710 Redemption-UT Principal 0.00 5,635,000.00 202-4255-000720 Redemption-UT Interest 0.00 3,408,830.92 202-4255-000750 Cost of Debt Issuance 0.00 1,405.23 Total RDA/City center Debt Service 0.00 9,045,236.15 365 RDA City Center Projects 365-2327-069357 Capital-Contracts 346,036.97 2,416,054.07 Total City Center RDA-Conv.Ctr. 346,036.97 2,416,054.07 365-2455-069357 Capital-Contracts 0.00 236,606.84 Total pkcbassph2 Bass Museum Int Space Exp 0.00 236,606.84 Page 3of5 Redevelopment Agency-City Convention Village Summary of Operating Fiscal Year • • , • 365-2597-000676 Renovations 5,076.00 37,359.00 Total rrmbassext Bass Museum Exterior Lighting 5,076.00 37,359.00 365-2601-000676 Renovations 4,419.00 4,419.00 Total rrmbassher Bass Museum Hydraulic 4,419.00 4,419.00 365-2616-069357 Capita I-Co ntracts 8,146.63 34,116.01 Total CCHV Neigh.Improv.Historic Dist.BP9A 8,146.63 34,116.01 365-2765-000674 Machinery&Equipment (53.62) (4,702.91) Total pwcastrprp Aluminum Streetlighting (53.62) (4,702.91) 365-2767-069357 Capital-Contracts 25,222.18 232,134.61 Total pwseucimpr Reserve Euclid Ave.Imp. 25,222.18 232,134.61 365-2771-000676 Renovations 0.00 92,613.00 Total rrmbasswsp Bass Museum Weather Seal.... 0.00 92,613.00 365-2801-061357 Design-Capital Contracts 920.00 29,351.58 Total pgmculcamp Collins Park Parking Garage 920.00 29,351.58 365-2953-061357 Design-Capital Contracts 0.00 95,000.00 Total rwscollpar Collins Park Ancillary Improv 0.00 95,000.00 Total RDA City Center Projects 389,767.16 3,172,951.20 463 RDA Anchor Garage 463 463-1990-000312 Professional Services 24,783.96 109,809.07 463-1990-000313 Bank Fees 4,131.29 24,665.47 463-1990-000314 Electricity 9,333.41 9,333.41 463-1990-000316 Telephone 176.15 768.20 463-1990-000317 Water 2,704.85 13,833.81 463-1990-000318 Sewer Charges 4,594.81 21,790.02 463-1990-000319 Sanitation Fees 0.00 12,962.72 463-1990-000322 Administration Fees 19,167.00 115,002.00 463-1990-000325 Contract Maintenance 14,010.68 70,846.83 463-1990-000329 Storm Water 1,400.28 8,400.53 463-1990-000342 Contracted Services-Repairs and Maint. 0.00 1,894.00 463-1990-000343 Other Operating Expenditures 0.00 921.50 463-1990-000349 Other Contractual Services 90,247.60 141,156.52 463-1990-000366 Anchor Garage-Facility Usage 0.00 172,763.23 463-1990-000368 Taxes&Licenses 0.00 380,396.16 463-1990-000502 Property Mgmt-Internal Svc 8,470.98 48,331.17 463-1990-000505 Self Insurance-Internal Svc 7,750.00 46,500.00 Total RDA-Anchor Garage Operations 186,771.01 1,179,374.64 463-2964-069357 Capital-Contracts 0.00 116,529.00 Total rrsancroof Anchor Garage Roof 0.00 116,529.00 463-6283-000342 Contracted Services-Repairs and Maint. 0.00 11,114.00 Total rrsancefis Anchor Garage EFIS Waterproof 0.00 11,114.00 463-6295-000342 Contracted Services-Repairs and Maint. 0.00 23,240.00 Total rrsancentr Anchor Garage Entrance 0.00 23,240.00 463-6299-000342 Contracted Services-Repairs and Maint. 0.00 15,071.00 Total rrsanchand Anchor Garage Hand Rail 0.00 15,071.00 463-6303-000342 Contracted Services-Repairs and Maint. 0.00 45,186.00 Total rrsancjoin Anchor Garage Joint Replaceme 0.00 45,186.00 463-6304-000342 Contracted Services-Repairs and Maint. 0.00 125,329.00 Total rrsancclea Anchor Garage Pressure Clean 0.00 125,329.00 463-6307-000342 Contracted Services-Repairs and Maint. 0.00 1,905.00 Total rrsancwind Anchor Garage Window Replace 0.00 1,905.00 Total RDA Anchor Garage 186,771.01 1,517,748.64 Page 4 of 5 Redevelopment Agency-City Convention Village Summary of Operating Fiscal Year 1994-2016 465 RDA Anchor Shoppe 465 465-1995-000314 Electricity 461.07 2,943.67 465-1995-000322 Administration Fees 1,500.00 9,000.00 465-1995-000343 Other Operating Expenditures 1,190.64 37,378.46 465-1995-000505 Self Insurance-Internal Svc 2,083.33 12,499.98 Total RDA-Anchor Shop Operations 5,235.04 61,822.11 466 RDA Pennsylvania Ave-Shops 466 466-1997-000314 Electricity 1,268.08 7,667.07 466-1997-000368 Taxes&Licenses 0.00 43,678.99 466-1997-000374 Management Fees-Rent/Leases 23,250.00 139,500.00 Total Pennsylvania Shops Operations 24,518.08 190,846.06 467 RDA Pennsylvania Ave-Garage 467 467-1996-000312 Professional Services 14,013.20 60,530.14 467-1996-000313 Bank Fees 2,216.16 12,531.10 467-1996-000314 Electricity 9,192.62 9,192.62 467-1996-000317 Water 78.32 467.81 467-1996-000318 Sewer Charges 48.56 294.93 467-1996-000322 Administration Fees 16,250.00 97,500.00 467-1996-000325 Contract Maintenance 20,324.00 86,109.80 467-1996-000342 Contracted Services-Repairs and Maint. 990.50 990.50 467-1996-000343 Other Operating Expenditures 0.00 749.50 467-1996-000349 Other Contractual Services 18,398.07 31,587.47 467-1996-000502 Property Mgmt-Internal Svc 0.00 2,075.57 Total Pennsylvania Garage Operations 81,511.43 302,029.44 Total Expenditures (4,901,494.24) 20,859,584.84 Total Revenues 57,995,139.96 Total Expenses (20,859,584.84) Total Net Income 37,135,555.12 The Check register for the Redevelopment Agency-City Center Historic Convention Village is located at https:Hsecure.miamibeachfl.gov/apvendorviewer/chksearch.aspx The Monthly Construction Projects update for active City Center Historic Convention Village is located at http://www.miamibeachfl.gov/cityclerk/scroll.aspx?id=77106 Page 5 of 5 i