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674-2022 RDA RESOLUTION NO. 674-2022 A RESOLUTION OF THE CHAIRPERSON AND MEMBERS OFF THE MIAMI BEACH REDEVELOPMENT AGENCY(RDA)ADOPTING AND APPROPRIATING THE MIAMI BEACH REDEVELOPMENT AGENCY CAPITAL BUDGET FOR FISCAL YEAR 2023 AND ADOPTING THE CAPITAL IMPROVEMENT PLAN FOR FISCAL YEARS 2023 -2027. WHEREAS, the Fiscal Year (FY) 2023 - 2027 Capital Improvement Plan ("CIP") for the Miami Beach Redevelopment Agency(RDA)is a five-year plan for public improvements and capital expenditures by the RDA; and WHEREAS, the CIP is an official statement of public policy regarding long-range physical development in the City of Miami Beach; and WHEREAS, the RDA Capital Budget for FY 2023 itemizes project funds to be committed during the Fiscal Year and details planned expenditures for project components,which may include architectural and engineering,construction,equipment,Art in Public Places,and other project costs; and WHEREAS, the RDA Bonds Series 2015 A Capital Budget for FY 2023 totals$1,998,000; and WHEREAS, the RDA Anchor Garage Capital Budget for FY 2023 totals $243,000; and WHEREAS, the RDA Penn Garage Capital Budget for FY 2023 totals $435,000; and WHEREAS,the projects to be appropriated in the FY 2023 RDA Capital Budget and CIP for FY 2023-2027 are set forth in Attachment"A,"which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED BY THE CHAIRPERSON AND MEMBERS OF THE MIAMI BEACH REDEVLOPMENT AGENCY,that the Chairperson and Members of the Miami Beach Redevelopment Agency hereby adopt and appropriate the Miami Beach RDA Capital Budget for FY 2023 and adopt the Capital Improvement Plan for Fiscal Years 2023 through 2027, as set forth in Attachment"A." PASSED AND ADOPTED this 28th day of September, 2022. ATTEST: /A/ Dan Gelber, Chairperson Rafae E. Granado, Secretary ...,., SEP 2 9 2022 APPROVED AS TO �P- "' c' FORM & LANGUAGE &FOR EXECUTION It![ORP ORAi.4- s ,C *It-;h= 4y,lLX�^�.o; 'N CH"2E City Attorney I Redevelopment Agency - RDA 1. MIAMI BE COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Alina T. Hudak, Executive Director DATE: September 28,2022 SUBJECT:A RESOLUTION OF THE CHAIRPERSON AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY (RDA) ADOPTING AND APPROPRIATING THE MIAMI BEACH REDEVELOPMENT AGENCY CAPITAL BUDGET FOR FISCAL YEAR 2023 AND ADOPTING THE CAPITAL IMPROVEMENT PLAN FOR FISCAL YEARS 2023 -2027. RECOMMENDATION The Administration recommends that the Chairperson and members of the Miami Beach Redevelopment Agency adopt the attached Resolution which establishes a final capital budget for the Miami Beach Redevelopment Agency for Fiscal Year (FY) 2023, and the Capital Improvement Plan for Fiscal Years 2023-2027. BACKGROUND/HISTORY Planning for capital improvements is an ongoing process. As needs change within the Redevelopment Area, capital programs and priorities are adjusted. The Capital Improvement Plan ("CIP") serves as the primary planning tool for systematically identifying, prioritizing, and assigning funds to critical Miami Beach Redevelopment Agency (the "Miami Beach RDA") capital development, improvements, maintenance and associated needs. The RDA CIP process begins in the Spring, when all departments are asked to prepare capital improvement updates, recommendations and requests on the ongoing and proposed capital projects. Departments prepare submittals identifying potential funding sources and request funds for their respective projects. The proposed requests are reviewed by the City Manager/Executive Director, and upon approval, are submitted to the Finance and Economic Resiliency Committee (the "FERC") for review, and if recommended are subsequently forwarded to the City Commission and Miami Beach RDA Board for final approval and adoption. The CI P is a financing and construction/acquisition plan for projects that require significant capital investment and is intended to serve as an official statement of public policy regarding long-range physical development within the Redevelopment Area. The Administration is recommending the proposed FY 2023 RDA Capital Budget and CIP for FY 2023-2027 following a comprehensive review, ensuring the CIP accurately reflects all projects, Page 452 of 508 budgets, funding sources, and commitments, for adoption by the chairperson and members of the Miami Beach RDA. ANALYSIS The FY 2023-2027 RDA CI P specifies and describes the capital project plan and presents a five-year prioritization strategy. The CI P has been updated to include additional funding sources that have become available, changes in project timing, and other adjustments to ongoing projects. Certain adjustments have been made to reflect projects that have been reconfigured, re-titled, combined with or separated from other projects and/or project groupings. These adjustments have no fiscal or monetary impact and are a result of a comprehensive review of the program. Capital funding priorities were discussed during FERC Budget Briefings, held on July 15, 2022 and July 22, 2022. The City Manager (Executive Director of the RDA), Assistant City Managers, the Office of CI P Director, other department directors and staff discussed specific projects and responded to the FERC Committee questions. During the FERC Budget Briefings, staff presented a preliminary list of unfunded projects requesting funding, including projects the Administration proposed for funding, subject to the availability of funds. Based on the FERC direction, a summary of projects, recommended for funding in the FY 2023 RDA Capital Budget is presented below(sorted by funding source). 2015A RDA Bond Fund (Fund 309) • Convention Center Park(Screen Enclosures) $1,197,000 • MBCC Cooling Tower Overhaul $ 300,000 • MBCC Renovation Punch List Items $ 501.000 • TOTAL: $1,998,000 RDA Anchor Garage (Fund 463) • 16th Street Parking Garage Ventilation Fan Replacements in Mechanical Rooms $ 52,000 • 16th Street Parking Garage Elevator Lobby Refurbishment $ 37,000 • 16th Street Parking Garage Custodial& Storage Area Across from Office $ 43,000 • 16th Street Garage Building Joint Replacement $ 36,000 • 16th Street Garage Plumbing System Update $ 75.000 • TOTAL: $243,000 RDA Penn Garage Fund (Fund 467) • Penn Garage-Fire Alarm System $ 35,000 • Penn Garage-Fire Pump Replacement $100,000 • Penn Garage-Fire Sprinkler Renewal $300.000 • TOTAL: $435,000 SUPPORTING SURVEY DATA N/A FINANCIAL INFORMATION Page 453 of 508 N/A CONCLUSION The Administration recommends adoption of the attached Resolution, which establishes the Capital Budget for the RDA for FY 2023 and the Capital Improvement Plan for FY 2023-2027. Applicable Area Citywide Is this a"Residents Right Does this item utilize G.O. to Know" item, pursuant to Bond Funds? City Code Section 2-14? Yes No Strategic Connection Organizational Innovation- Ensure strong fiscal stewardship. Legislative Tracking Economic Development ATTACHMENTS: Description o FY 2023-2027 CIP Funding Summary(RDA) Page 454 of 508 CITY OF MIAMI BEACH ATTACHMENT A IFY 2023 -2027 RDA CAPITAL IMPROVEMENT PLAN BY FUNDING SUMMARY PROJECT PROJECT NAME Previous Years FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 Future Total 164 RDA CITY CENTER RENEWAL&REPL 29300 LINCOLN RD LENOX-COLLINS W/SIDE ST. 20,000,000 - - - - - - 20,000,000 64819 COLONY THEATER-FIRE ALARM SYSTEM 78,000 - - - - - - 78,000 66120 LINCOLN RD STONE RESTORATION 214,619 - - - - - 214,619 Fund Total:1 20;292,619 11 1. r 1 20,292,619] € 165 NON-TIF RDA FUND 20197 CITY CENTER RESILIENCY ENHANCEMENTS 1,000,000 - - - - - - 1,000,000 20200 TRANSPORTATION CAPITAL INITIATIVE 8,000,000 - - - - - - 8,000,000 66120 LINCOLN RD STONE RESTORATION 153,381 - - - - - - 153,381 Fund Total:1 9,153,381 ` t 1 ' - 1 " -1 1 ,9,153,3811 309 RDA SERIES 2015A 23023 MBCC COOLING TOWER OVERHAUL - 300,000 - - - - - 300,000 23123 MBCC RENOVATION PUNCH LIST ITEMS - 501,000 - - - - 501,000 28160 CONVENTION CENTER RENOVATION 268,602,420 - - - - - - 268,602,420 28170 CONVENTION CENTER PARK 7,750,000 1,197,000 - - - - - 8,947,000 28180 CONVENTION CENTER-CARL FISHER 3,997,580 - - - - - - 3,997,580 29310 CONVENTION CNTR LINCN RD CONNECTOR 10,000,000 - - - - - - 10,000,000 29320 17TH STREET NORTH IMPROVEMENTS 2,000,000 - - - - - - 2,000,000 Fund Total:1 292,350,0001 1 1,9,98,0001 1 1 L , ' , 1 294,348,0001 365 CITY CENTER RDA CAP FUND 23270 CITY CENTER COMMERCIAL DISTRICT BPB 13,539,610 - - - - - - 13,539,610 23360 WEST AVE/BAY RD NEIGH. 750,000 - - - - - - 750,000 25650 CITYWIDE CURB RAMP INSTALLATION 1,500 - - - - - - 1,500 25980 BASS MUSEUM GENERATOR 117,816 - - - - - - 117,816 27070 BEACHWALK LIGHTING RETRO 665,625 - - - - - - 665,625 27600 SEAWALL-BOTANICAL GARDEN 1,208,662 - - - - - - 1,208,662 27780 MIAMI CITY BALLET WINDOWS 126,799 - - - - - - 126,799 28010 COLLINS PARK PARKING GARAGE 25,521,271 - - - - - - 25,521,271 28160 CONVENTION CENTER RENOVATION 21,114,221 - - - - - - 21,114,221 28180 CONVENTION CENTER-CARL FISHER 265,320 - - - - - - 265,320 29300 LINCOLN RD LENOX-COLLINS W/SIDE ST. 20,000,000 - - - - - - 20,000,000 29500 COLLINS CANAL ENHANCEMENT PROJECT 2,999,999 - - - - - - 2,999,999 29530 COLLINS PARK ANCILLARY IMPROVEMENTS 4,000,000 - - - - - - 4,000,000 29880 LINCOLN RD MALL ADA PEDESTRIAN 87,500 - - - - - - 87,500 Fund Total:( 90,398,3231 1 1 1 1 1 1 1 • - •1 1 1 1 [ 90,398,3231 Page 455 of 508 Page 1 of 3 CITY OF MIAMI BEACH ATTACHMENT A MAAA' 1.i A ---i' FY 2023-2027 RDA CAPITAL IMPROVEMENT PLAN BY FUNDING SUMMARY PROJECT PROJECT NAME Previous Years FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 Future Total 463 RDA-GARAGE FUND 20022 16TH ST.GARAGE-JOINT REPLACEMENT 200,000 - - - - - - 200,000 20200 TRANSPORTATION CAPITAL INITIATIVE 7,000,000 - - - - - - 7,000,000 21124 16TH ST GARAGE-EXTERIOR RENEWAL - - 400,000 - - - - 400,000 26100 GARAGE SECURITY CAMERA SYSTEM 250,000 - - - - - - 250,000 28010 COLLINS PARK PARKING GARAGE 2,069,000 - - - - - - 2,069,000 28160 CONVENTION CENTER RENOVATION 7,000,000 - - - - - - 7,000,000 60023 16TH ST GARAGE-PLUMBING SYSTEM UPD. - 75,000 - - - - - 75,000 60190 ANCHOR GARAGE ELEVATOR REPLACEMENT 357,995 - - - - - - 357,995 60324 16TH STREET GARAGE-GENERATOR - - 250,000 - - - - 250,000 61718 16TH STREET GARAGE FIRE SPRINKLER 1,444,000 - - - - - - 1,444,000 61818 16TH STREET GARAGE STAIRWAYS 81,200 - - - - - - 81,200 62422 16TH STREET GARAGE HVAC RENEWAL 54,000 - - - - - - 54,000 62525 16TH ST.PARKING GARAGE HM DOORS RE - - - 79,300 - - - 79,300 62721 16TH STREET GARAGE-OFFICE/RESTROOM 30,000 - - - - - - 30,000 62821 16TH STREET GARAGE-ROOF TOP RENEWAL 34,000 - - - - - - 34,000 64224 16TH ST.PARKING GARAGE AC CONDENS. - - 87,840 - - - - 87,840 64324 16TH ST.PARKING GARAGE ROOFTOP Al - - 96,768 - - - - 96,768 65019 16TH STREET GARAGE(ANCHOR)-PAINT 100,000 - - - - - - 100,000 65228 16TH ST.PARKING GARAGE GENERATOR - - - - 274,500 - - 274,500 65328 16TH ST.PARKING GARAGE EXIT SIGNS - - - - - 87,840 - 87,840 65521 16TH STREET CANVAS AWNING RENEWAL 56,560 - - - - - - 56,560 66918 ANCHOR GAR.-FIRE ALARM REPLACEMENT 221,000 - - - - - - 221,000 67018 ANCHOR GARAGE-STAIRWELL DOORS 27,000 - - - - - - 27,000 67118 ANCHOR-INTERIOR FLOOR DRAINAGE 30,000 - - - - - - 30,000 67922 16TH ST.GRG:EXT.PAINT&WATERPRF 550,000 - - - - - - 550,000 68323 16TH ST.PARKING GARAGE REPLACEMENT - 52,000 - - - - - 52,000 68423 16TH ST.PARKING GARAGE ELEVATOR - 37,000 - - - - - 37,000 68523 16TH ST.PARKING GARAGE STORAGE - 43,000 - - - - - 43,000 68623 16 ST.GARAGE BUILDING JOINT REPLAC - 36,000 - - - - - 36,000 60129 16TH ST.PARKING GARAGE GENERAL PAI - - - - - - 183,000 183,000 60229 16TH ST.PARKING GARAGE PIPE BOLLAR - - - - - - 176,960 176,960 60329 16TH ST.PARKING GARAGE ROOF TOP LI - - - - - - 97,600 97,600 60429 16TH ST.PARKING GARAGE VEHICLE RES - - - - - - 172,020 172,020 65028 16TH ST.PARKING GARAGE ELECTRICAL - - - - - - 244,000 244,000 65128 16TH ST.PARKING GARAGE ELECTRICAL - - - - - - 306,220 306,220 Fund Totall - 19,W5a4,,7p55�56 Ofi 508243,0001 { - 834,6081 ` . 79,3001 [ - 274,5001 f 87,8401 f 1,179,8001 1 .. 22,203,8031 tt Page 2 of 3 I I 1 I I f CITY OF MIAMI BEACH ATTACHMENT A NA I AAA it E A,C H FY 2023-2027 RDA CAPITAL IMPROVEMENT PLAN BY FUNDING SUMMARY PROJECT PROJECT NAME Previous Years FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 Future Total 465 RDA-ANCHOR SHOPS FUND 20200 TRANSPORTATION CAPITAL INITIATIVE 6,000,000 - - - - - - 6,000,000 28160 CONVENTION CENTER RENOVATION 5,900,000 - - - - - - 5,900,000 Fund Total:1 11,900,0001 I -1 1 I -I f I I 1 . -I I 11,900,0001 • 467 PENN GARAGE FUND 26100 GARAGE SECURITY CAMERA SYSTEM 233,000 - - - - - - 233,000 60025 PENN GARAGE-ROOFTOP-STAIRS ELEVATOR - - - - - 40,000 - 40,000 60524 PENN GARAGE-PLUMBING SYSTEM UPDATE - - - - 75,000 - - 75,000 60823 PENN GARAGE-FIRE SPRINKLER RENEWAL - 300,000 - - - - - 300,000 60923 PENN GARAGE-FIRE PUMP REPLACEMENT - 100,000 - - - - - 100,000 61023 PENN GARAGE-FIRE ALARM SYSTEM - 35,000 - - - - - 35,000 63021 PENN GARAGE-HVAC RENEWAL 105,000 - - - - - 35,000 140,000 63121 PENN GARAGE-TRAFFIC COATING-RETAIL 80,000 - - - - - - 80,000 64319 PENN GARAGE-NEW LIGHTING DISPLAY 353,000 - - - - - - 353,000 67218 PENN GRGE-SEALING OF SUPERSTRUCTURE 25,000 - - - - - - 25,000 20025 PENN GARAGE-ELEVATOR RENEWAL - - - - - - 500,000 500,000 60424 PENN GARAGE-GENERATOR RENEWAL - - - - - - 200,000 200,000 60529 PENN GARAGE DOMESTIC WATER DISTRIBU - - - - - - 183,000 183,000 60629 PENN GARAGE EXIST SIGNS AND EMERGEN - - - - - - 183,000 183,000 60729 PENN GARAGE FIRE SPRINKLER RENEWAL - - - - - - 2,074,000 2,074,000 60829 PENN GARAGE GENERATOR UPGRADE - - - - - - 481,600 481,600 Fund Total:1 ; 796,0001 1 435,0001 I -1 I_ 1 75,0001 I 40,0001 ` 3;656,6001 1 , 5,002,6001 Grand Total: 444,395,0781 2,676,0001 834,6081 79,3001 349,5001 127,8401 4,836,4001 453,298,726 Page 457 of 508 Page 3of3