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Resolution 2021-31647R E S O L U T IO N NO . 2021-31647 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 2021 AS SET FORTH IN ATTACHMENTS A, "PROJECTS"; B, "SOURCE OF FUNDS"; AND C "PROGRAMS. WHEREAS, on September 29, 2020, the final Capital Improvement Plan for Fiscal Years 2021 - 2025 and the final Capital Budget for FY 2021 were adopted via Resolution No. 2020- 31431; and WHEREAS, on November 18, 2020, the First Amendment to the Capital Budget for FY 2021 was adopted via Resolution No. 2020-31498; and WHEREAS, on Jan uary 13, 2021, the Second Amendment to the Capital Budget for FY 2021 was adopted via Resolution No. 2021-31556; and WHEREAS, pursuant to Section 166.241 ( 4 )c) of the Florida Statutes, the City's budget amendments must be adopted in the same manner as the original adopted budget; and WHEREAS, it is recommended by the Administration that the FY 2021 Capital Budget be amended to increase appropriations by $6,862,745.00 as highlighted in Attachments A, "Projects"; B, "Source of Funds"; and C, "Programs." 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 hereby adopt the Third Amendment to the Capital Budget for Fiscal Year 2021 as set forth in Attachments A, "Projects"; B, "Source of Funds"; and C, "Programs." PASSED AND ADOPTED this 17 day of March 2021. ATTEST: /Á ±te Rafael E. G#anaao. ci y Cier Dan Gelber, Mayor AP PROVED > 1 FORM & LAN GUAGE & FOR EX ECUTION tl-2se coy Ator p2_° ATT A C H M E N T A FY 2021 C AP IT AL B U D G E T PR O JE C T S A M E N D E D 3/17/2021 A m ended A m ended R evised C apital C apital Project N am e FY 2021 C apital B udget 3/17/2021 B udget Indian Creek Street Drainage Improvements 15,446,181.00 6,862,745.00 22,308,926.00 (Project# 21220) Total $ 15,446,181.00 $ 6,862,745.00 $ 22,308,926.00 ATTACHMENT B FY 2021 CAPITAL BUDGET SOURCE OF FUNDS AMENDED 3/17/2021 Amended Amended Revised Capital Funding Source FY 2021 Capital Budget 3/17/2021 Budget Transportation Fund $ (448,625.00) - $ (448,625.00) Resiliency Fund - 4,998,548.00 4,998,548.00 Capital Renewal & Replacement 91,525.00 - 91,525.00 7th Street Garage 66,600.00 - 66,600.00 Fees In Lieu of Parking 307,029.00 - 307,029.00 Concurrency Mitigation Fund 915,458.00 - 915,458.00 Half Cent Transit Surtax-Cnty 825,420.00 - 825,420.00 Capital Projects Financed By Other Funds - - - Pay As You Go - Capital Fund 230,642.00 - 230,642.00 Capital Reserve 235,705.00 - 235,705.00 Resort Tax - South Beach 1,071,505.00 - 1,071,505.00 Resort Tax - Mid Beach 672,610.00 - 672,610.00 Resort Tax- North Beach 747,796.00 - 747,796.00 2003 GO Bonds Neighborhoods 589,947.00 - 589,947.00 2019 GO Bonds - Parks - - - Water & Sewer Projects funded from Operations 3,107,064.00 - 3,107,064.00 2017 Water & Sewer Bonds 26,406,855.00 - 26,406,855.00 2010 Water & Sewer Bonds 178,825.00 - 178,825.00 2017 Storm Water Bonds 10,432,755.00 - 10,432,755.00 Storm Water Projects - MDC ILA 5,000,000.00 1,864,197.00 6,864,197.00 Sanitation Enterprise Fund (446,761.00) - (446,761.00) RDA Garages 1,301,560.00 - 1,301,560.00 201 O Parking Bonds 46,746.00 - 46,746.00 Parking Capital not Bonds (799,806.00) - (799,806.00) Fleet Management 9,968,000.00 - 9,968,000.00 Communications Fund 131,000.00 - 131,000.00 Total Appropriation as of 3/17/2021 $ 60,631,850.00 $ 6,862,745.00 $ 67,494,595.00 ATTACHMENT C FY 2021 CAPITAL BUDGET PROGRAMS Amended Amended Revised Capital Program Area FY 2021 Capital Budget 3/17/2021 Budget Equipment $ 9,968,000.00 - $ 9,968,000.00 General Public Buildings (1,270,965.00) - (1,270,965.00) Monuments 133,245.00 - 133,245.00 Parking Garages 465,500.00 - 465,500.00 Parking Lots 419,029.00 - 419,029.00 Parks 4,195,914.00 - 4,195,914.00 Renewal & Replacement 2,025,399.00 - 2,025,399.00 Seawalls 5,000,000.00 - 5,000,000.00 Streets/Sidewalks/Streetscapes Improvements 8,593,231.00 - 8,593,231.00 Street Lighting (560,000.00) - (560,000.00) Transit/ Transportation 601,253.00 - 601,253.00 Utilities 31,061,244.00 6,862,745.00 37,923,989.00 Total Appropriation as of 3/17/2021 $ 60,631,850.00 $ 6,862,745.00 $ 67,494,595.00 R eso lut io ns - R 7 B MIAMI B EA CH COMMISSION MEMORANDUM TO: FROM: DATE: Honorable Mayor and Members of the City Commission Raul J. Aguila, Interim City Manager March 17, 2021 1 :35 p.m. Public Hearing SUBJECT: 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 2021 AS SET FORTH IN ATTACHMENTS A, "PROJECTS"; B, "SOURCE OF FUNDS"; AND C, "PROGRAMS." RECOMMENDATION See attached memorandum S U PP OR T IN G S UR V EY DATA Results from tile 2019 Resident Survey show 59% of residents rated Storwater & Drainage improvements as most important Capital Improvement Projects. A pp licabl e Area Citywide ls thi s a "Residents Right to Know" item, pursuant to City Code Section 2-14? Yes Does this item utili ze G.O. Bon d Fun ds? No Strategic Connection Organizational Innovation - Implement City Commission goals and policies through the strategic plan and budget. Legislative Tracking Office of Management and Budget ATTACHMENTS; Description Cl MEMO - 3rd Amendment to the FY 2021 Capital Budget Cl Resolution Page 613 of 2284 M\I BE A CH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov COMMISSION MEMORANDUM TO: FROM: DATE: SUBJECT: Mayor Dan Gelber and Members of the City Commission Raul J. Aguila, Interim City Manager March 17, 2021 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 2021 AS SET FORTH IN ATT ACHMENTS A, "PROJECTS"; B, "SOURCE OF FUNDS"; AND C "PROGRA MS. ADMINISTRA TION RECOMMENDATION Adopt the Resolution. STRA TEGIC PLA N SUPPORT ED Organizational Innovation - Ensure strong fiscal stewardship BACKGROUND Planning for capital improvements is an ongoing process; as needs change within the City of Miami Beach ("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 2021- 2025 Capital Improvement Plan and FY 2021 Capital Budget was adopted on September 29, 2020 by Resolution No. 2020-31431. The First Amendment to the FY 2021 Capital Budget was adopted on November 18, 2020 by Resolution No. 2020-31498. The Second Amendment to the FY 2021 Capital Budget was adopted on January 13, 2021 by Resolution No. 2021-31556. Page 614 of 2284 Third Amendment to the FY 2021 Capital Budget March 17, 2021 Page 2 of 2 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. THIRD AMENDMENT TO THE FY 2021 CAPITAL BUDGET The Third Amendment to the FY 2021 Capital Budget reflects an overall increase of $6,862,745.00: 1. Indian Creek Street Drainage Improvements: The scope of this project includes the construction of a seawall, improvement of street drainage, and increased road elevation. At the February 10, 2021 City Commission meeting, the City Commission voted to approve the Finance and Economic Resiliency Committee's recommendation to provide additional funding for this project, through Resolution No. 2021-31571. This project requires additional funding in the amount of $6,862,745.00, which will be used to fund the installation of sheet pile walls to support the roadway; relocation of the generator, as requested by the residents; modification of the electrical equipment platform; installation of barrier and Rip-Rap walls for the roadway and vehicular access protection; modification to the street lighting system pole bases and conduits; and additional maintenance of traffic equipment. Funding for this amendment would come from the Resiliency Fund (Fund 112) and Stormwater Projects (Fund 433) fund balances, in the amounts of $4,998,548.00 and $1,864,197.00, respectively. Prior Years' Appropriations $ 15,446,181.00 March 17, 2021 Budget Amendment 6,862,745.00 Proposed Total Appropriations $ 22,308,926.00 CONCLUSION The Administration recommends that the Mayor and City Commission adopt the Third Amendment to the FY 2021 Capital Budget. RJA/JW/TOS Page 615 of 2284