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630-2018 RDARESOLUTION NO. 630 -2018 A RESOLUTION OF THE CHAIRPERSON AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY (RDA), ADOPTING THE FIRST AMENDMENT TO THE MIAMI BEACH REDEVELOPMENT AGENCY CAPITAL BUDGET FOR FISCAL YEAR 2017/18, AS SET FORTH IN ATTACHMENTS A (SOURCE OF FUNDS), ATTACHMENT B (PROGRAMS), AND ATTACHMENT C (PROJECTS). WHEREAS, on September 25, 2017, the Chairperson and members of the Miami Beach Redevelopment Agency ( "RDA ") adopted the final Capital Improvement Plan for the RDA for Fiscal Years 2017/18 — 2021/22, and the final RDA Capital Budget for FY 2017/18, in Resolution No. 626 -2017; and WHEREAS, consistent with Florida Statutes Section 166.241(4)(c), RDA budget amendments adopted in the same manner as the original adopted budget; and WHEREAS, the proposed amendments to the FY 2017/18 RDA Capital Budget are included in Attachment A (Source of Funds), Attachment B (Programs), and Attachment C (Projects); and WHEREAS, further, it is recommended by the Administration that the FY 2017/18 RDA Capital Budget be amended to transfer $40,307.50 between existing projects as highlighted in Attachments A (Source of Funds), Attachment B (Programs), and Attachment C (Projects), and Attachment C (Projects). NOW, THEREFORE, BE IT DULY RESOLVED BY CHAIRPERSON AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY, that the Chairperson and members of the Miami Beach Redevelopment Agency hereby adopt the First Amendment to the Miami Beach Redevelopment Agency Capital Budget for Fiscal Year 2017/18 as set forth in Attachments A (Source of Funds), Attachment B (Programs), and Attachment C (Projects). PASSED AND ADOPTED this 16th day of May, 2018. ATTEST: Dan Gelber, Chair Rafael . Gr''" ado, ' ecret- ry APPROVED AS TO FORM & LANGUAGE F'i ' EECUTION 5-4-r' Redevelopment Agency Ds� General Counsel Date ATTACHMENT A FY 2017/18 CAPITAL BUDGET SOURCE OF FUNDS Amended 5/16/2018 Funding Source Amended FY18 Capital Budget Amended 5/16/18 Revised Capital Budget RDA- Non TIF $ 6,865,154.00 40,307.50 $ 6,865,154.00 RDA City Center Capital - - 10,567.50 RDA Garages 2,138,000.00 2,138,000.00 RDA Pennsylvania Ave - Garage - $ - - Total Appropriation as of 5/16/2018 $ 9,003,154.00 $ - $ 9,003,154.00 NOTE: $40,307.50 of funding for the Miami City Ballet Windows will be transferred from the Miami City Ballet Concrete project. ATTACHMENT B FY 2017/18 CAPITAL BUDGET PROGRAMS Amended 5/16/2018 Program Area Amended FY18 Capital Budget Amended 5/16/18 Revised Capital Budget Art in Public Places $ - 40,307.50 $ - Bridges - (40,307.50) 10,567.50 Community Centers - - Convention Center - $ - - Environmental - - Equipment (20,000.00) (20,000.00) - General Public Buildings - Golf Courses - - Lighting - - Monuments - - Parking - - Parking Garages 20,000.00 20,000.00 Parking Lots - - Parks - - Renewal & Replacement 2,138,000.00 - 2,138,000.00 Seawalls - - Streets/ Sidewalk Improvements 6;865,154.00 6,865,154.00 Transit/ Transportation - - Utilities - - Total Appropriation as of 5/16/2018 $ 9,003,154.00 $ $ 9,003,154.00 NOTE: $40,307.50 of funding for the Miami City Ballet Windows will be transferred from the Miami City Ballet Concrete project. ATTACHMENT C FY 2017/18 CAPITAL BUDGET PROJECTS Amended 5/16/2018 Capital Project Name Amended FY 2017/18 Capital Budget Amended 5 /16/18 Revised Capital Budget Miami City Ballet Windows (Project # 27780) 401,491.00 40,307.50 441,798.50 Miami City Ballet Concrete (Project # 27760) 50,875.00 (40,307.50) 10,567.50 Total $ 452,366.00 $ - $ 452,366.00 M AM BEACH Redevelopment Agency - RDA 1. COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: May 16, 2018 2:00 p.m. Public Hearing SUBJECT A RESOLUTION OF THE CHAIRPERSON AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY (RDA), ADOPTING THE FIRST AMENDMENT TO THE MIAMI BEACH REDEVELOPMENT AGENCY CAPITAL BUDGET FOR FISCAL YEAR 2017/18, AS SET FORTH IN ATTACHMENTS A (SOURCE OF FUNDS), ATTACHMENT B (PROGRAMS), AND ATTACHMENT C (PROJECTS). RECOMMENDATION See Memorandum attached. Legislative Tracking Budget and Performance Improvement ATTACHMENTS: Description o MEMO -1st Amendment to FY 2017/18 RDA Capital Budget o Resolution Page 1817 of 1842 City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov COMMISSION MEMORANDUM TO: Mayor Dan Gelber and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: May 16, 2018 SUBJECT: A RESOLUTION OF THE CHAIRPERSON AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY (RDA), ADOPTING THE FIRST AMENDMENT TO THE RDA CAPITAL BUDGET FOR FISCAL YEAR 2017/18. 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 accordingly. 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 CIP 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 2017/18 — 2021/22 RDA Capital Improvement Plan and FY 2017/18 RDA Capital Budget were adopted on September 25, 2017 by Resolution 626 -2017. 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 2017/18 RDA Capital Budget. FIRST AMENDMENT TO THE FY 2017/18 RDA CAPITAL BUDGET The First Amendment to the FY 2017/18 RDA Capital Budget totals a re- appropriation of $40,307.50 in order to reallocate funding between the following capital projects. Page 1818 of 1842 Resolution Adopting the First Amendment to the Redevelopment Agency Capital Budget for FY 2017/18 May 16, 2018 Page 2 of 2 1. Miami City Ballet Windows: At the February 23, 2018 FCWPC meeting, the Finance and Citywide Projects Committee (FCWPC) voted to recommend to the City Commission that this item be included in the upcoming Capital Budget amendment. At the March 7, 2018 Commission meeting, the City Commission accepted the recommendation of the FCWPC. After Hurricane Irma, the Administration assessed the City's assets including the Miami City Ballet. It was noted that the current windows were not hurricane- impact windows. In the event of a high wind and rain event, such as Hurricane Irma, the windows could not prevent water intrusion, causing water damages. In order to weather future hurricanes and mitigate the current issues of water penetration, this budget amendment would increase in the scope of the Miami City Ballet Windows project, which originally was to replace the window wails on the second floor due to extreme water intrusion, to include the replacement of all windows with hurricane impact windows. Funding for this amendment would come from the transfer of City Center Capital (Fund 365) dollars previously appropriated to the Miami City Ballet Exterior Concrete Restoration project, for which there is currently no clear scope. Some concrete work will be done during the replacement of the windows. Prior Years' Appropriations $401,491.00 May 16, 2018 Budget Amendment 40,307.50 Proposed Total Appropriations $441,798.50 JLM /JW /TOS Page 1819 of 1842