2017-29939 Resolution RESOLUTION NO. 2017-29939
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, ADOPTING SEVENTH AMENDMENT TO THE
CAPITAL BUDGET FOR FISCAL YEAR 2016/17; AND PROVIDING THAT THE
$36 MILLION PREVIOUSLY ALLOCATED FROM VARIOUS FUNDING
SOURCES FOR THE CITY'S LIGHT RAIL/MODERN STREETCAR PROJECT
SHALL BE USED SOLELY TO SUPPORT TRANSPORTATION-RELATED
INITIATIVES AND PROJECTS INTENDED TO REDUCE TRAFFIC
CONGESTION, INCLUDING BUT NOT LIMITED TO TRANSIT PROJECTS THAT
MAY BE DEVELOPED IN PARTNERSHIP WITH MIAMI-DADE COUNTY, THE
FLORIDA DEPARTMENT OF TRANSPORTATION OR THE FEDERAL
GOVERNMENT, SUBJECT TO ANY SUCH PROJECTS SATISFYING THE
AUTHORIZED USES FOR EACH INDIVIDUAL FUND; FURTHER, PROVIDING
THAT OF THE $36 MILLION ALLOCATED HEREIN, FUNDS OTHER THAN
RESORT TAX FUNDS SHALL BE EXPENDED FIRST, AND THE PORTION
CONSISTING OF $10 MILLION IN RESORT TAX FUNDS SHALL BE EXPENDED
LAST; AND FURTHER, PROVIDING THAT IN THE EVENT THE CITY'S RESORT
TAX RESERVE FALLS BELOW THE TWO MONTHS REQUIRED RESERVE
POLICY, THE CITY COMMISSION MAY RE-ALLOCATE THE FOREGOING $10
MILLION IN RESORT TAX FUNDS, AS NEEDED TO REPLENISH THE RESERVE
IN THE RESORT TAX FUND.
WHEREAS, on December 14, 2016, the Mayor and City Commission unanimously
adopted Resolution No. 2016-29690, suspending the City's development of a Light Rail/Modern
Streetcar Project ("Streetcar Project"), and reaffirming the City Commission's commitment to local
and regional transportation solutions that address traffic problems within the City of Miami Beach;
and
WHEREAS, the purpose and intent of the Streetcar Project was to bring about
meaningful traffic solutions that address traffic congestion and gridlock within our City; and
WHEREAS, with over 300,000 cars passing between Miami and Miami Beach every day,
the need for traffic relief continues to be one of our City's greatest challenges; and
WHEREAS, traffic congestion increases overall driver frustration, increases safety
concerns, and serves to diminish our residents' quality of life and our visitors' experience; and
WHEREAS, a local and regional transportation network that includes short and long-term
mobility solutions, and that brings about traffic relief to the maximum extent possible, is critical to
our City's continued success; and
WHEREAS, as part of the U.S. Congress's plans to increase infrastructure spending in
the next few years, the federal government will be looking to fund "shovel-ready" projects, and
accordingly, it is in the City's best interests to position itself to move forward expeditiously
meaningful transportation-related projects, particularly if doing so increases the City's eligibility for
federal funding for such projects; and
WHEREAS, given the progress the City Commission has made in identifying $36 million
in the Capital Budget to be allocated for meaningful traffic solutions, such funds should continue to
be prioritized solely for the benefit of transportation-related initiatives and projects, including but
not limited to transit projects that may be developed in partnership with Miami-Dade County, the
Florida Department of Transportation, and the federal government.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission
of the City of Miami Beach, Florida, hereby adopts the Seventh Amendment to the Capital Budget
for Fiscal Year 2016/17; and provides that the $36 million previously allocated from various funding
sources for the City's Light Rail/Modern Streetcar Project shall be used solely to support
transportation-related initiatives and projects intended to reduce traffic congestion, including but
not limited to transit projects that may be developed in partnership with Miami-Dade County, the
Florida Department of Transportation or the Federal government, subject to any such projects
satisfying the authorized uses for each individual fund; further, providing that of the $36 million
allocated herein, funds other than Resort Tax funds be expended first, and the portion consisting of
the $10 million in Resort Tax funds shall be expended last; and further, providing that in the event
the City's Resort Tax reserve falls below the two months required reserve policy, the City
Commission may re-allocate the foregoing $10 million in Resort Tax funds, as needed to replenish
the reserve in the Resort Tax Fund.
PASSED AND ADOPTED this o4 day of July, 2017.
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City Attorney rzpeeDate
Resolutions- R7 D
MIAMI BEACH
COMMISSION MEMORANDUM
TO: Honorable Mayor and Members of the City Commission
FROM: Raul Aguila, City Attorney
DATE: July 26, 2017
2:10 p.m. Public Hearing
SUBJECT:A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, ADOPTING SEVENTH AMENDMENT TO THE CAPITAL
BUDGET FOR FISCAL YEAR 2016/17; AND PROVIDING THAT THE $36 MILLION
PREVIOUSLY ALLOCATED FROM VARIOUS FUNDING SOURCES FOR THE
CITY'S LIGHT RAIL/MODERN STREETCAR PROJECT SHALL BE RE-
PRIORITIZED AND USED SOLELY TO SUPPORT TRANSPORTATION-RELATED
INITIATIVES AND PROJECTS INTENDED TO REDUCE TRAFFIC CONGESTION,
INCLUDING BUT NOT LIMITED TO TRANSIT PROJECTS THAT MAY BE
DEVELOPED IN PARTNERSHIP WITH MIAMI-DADE COUNTY, THE FLORIDA
DEPARTMENT OF TRANSPORTATION OR THE FEDERAL GOVERNMENT,
SUBJECT TO ANY SUCH PROJECTS SATISFYING THE AUTHORIZED USES
FOR EACH INDIVIDUAL FUND.
ANALYSIS
Mayor Levine has placed the attached resolution on the agenda for the City Commission's
consideration.
Legislative Tracking
Office of the City Attorney/Budget and Performance Improvement
Sponsor
Mayor Philip Levine
ATTACHMENTS:
Description
o Resolution
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