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Resolution 2022-32381 RESOLUTION NO. 2022-32381 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FIRST AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2023 AS SET FORTH IN ATTACHMENTS A, "PROJECTS"; B, "SOURCE OF FUNDS"; AND C "PROGRAMS. WHEREAS, on September 28, 2022, the final Capital Improvement Plan for Fiscal Years 2023—2027 and the final Capital Budget for FY 2023 were adopted via Resolution No. 2022-32337; and WHEREAS, it is recommended by the Administration that the FY 2022 Capital Budget be amended to increase appropriations by $3,245,503.00 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 following a duly noticed public hearing on October 26, 2022, the Mayor and City Commission hereby adopt the First Amendment to the Capital Budget for Fiscal Year 2023 as set forth in Attachments A, "Projects"; B, "Source of Funds"; and C, "Programs." PASSED AND ADOPTED this 26th day of October 2022. ATTEST: OCT 2 7 2022 Dan Gelber, Mayor Rafael . Granado, City Clerk , APPROVED AS TO l TOR'1A FORM&LANGUAGE1NcoRi &FOR EXECUTION ..,'r :... .. �,, • G f 1 26 /0—Z )— zz City 'Attorney r YIN 1— Date ATTACHMENT A FY 2023 CAPITAL BUDGET PROJECTS AMENDED 10/26/2022 Adopted Amended Revised Capital Capital Project Name FY 2023 1012612022 Budget Capital Budget Maurice Gibb Park Redesign(related to GOB Project 2,626,682.00 1,500,000.00 4,128,682.00 #10)(Project#28850) Slow Streets (Project#69828) - 1,200,000.00 1,200,000.00 Security for Public Spaces(related to GOB Project#53) _ 545,503.00 545,503.00 (Project#NEW) Total $ 2,628,682.00 $ 3,245,503.00 $ 5,874,185.00 ATTACHMENT B FY 2023 CAPITAL BUDGET SOURCE OF FUNDS AMENDED 10/26/2022 Adopted Amended Revised Capital Funding Source FY 2023 10/26/2022 Budget Capital Budget Transportation Fund $ 1,437,000.00 1,200,000.00 $ 2,637,000.00 Resiliency Fund (5,564,869.00) - (5,564,869.00) Capital Renewal&Replacement 1,913,000.00 - 1,913,000.00 7th Street Garage 4,754,000.00 - 4,754,000.00 Concurrency Mitigation Fund 2,402,000.00 - 2,402,000.00 South Point-Operations 82,481.00 - 82,481.00 Local Option Gas Tax 845,000.00 - 845,000.00 Half Cent Transit Surtax-County 453,000.00 - 453,000.00 Capital Projects Financed By Other Funds 1,000,000.00 - 1,000,000.00 Pay As You Go-Capital Fund 24,739,449.00 1,500,000.00 26,239,449.00 Resort Tax-South Beach 2,861,551.90 - 2,861,551.00 Resort Tax-Mid Beach 1,227,000.00 - 1,227,000.00 Resort Tax-North Beach 184,000.00 - 184,000.00 RDA Series 20.15A 1,998,000.00 - 1,998,000.00 MDC LA Construction of Library 961,262.00 - 961,262.00 1999 GO Bonds Fire Safety 43,000.00 - 43,000.00 South Pointe RDA 979,112.00 - 979,112.00 2001 Gulf Breeze-Normandy Golf 27,000.00 - 27,000:00 2003 GO Bonds Fire Safety 34,033.00 - 34,033.00 2003 GO Bonds Parks&Rec 54,039.00 - 54,039.00 South Pointe Capital 31,150.00 - 31,150.00 Water&Sewer Projects funded from Operations 10,334,000.00 - 10,334,000.00 2017 Water&Sewer Bonds• 88,559.00 - 88,559.00 Water&Sewer Bond Series 2010 4,497.00 - 4,497.00 Water;&Sewer Impact Fees 126,316.00 - 126,316.00 Gulf.Breea 2006 111,736.00 - 111,736.00 2000 Water&Sewer Bonds 244,230.00 - 244,230.00 2000 Storm Water Bonds 23,053.00 - 23,053.00 2017 Storm Water Bonds 2,107,610.00 - 2,107,610.00 2011 Storm Water Bonds 107,809.00 - 107,809.00 Storm Water Capital not Bonds 3,326,397.00 - 3,326,397.00 Sanitation Enterprise Fund 696,000.00 - 696,000.00 Convention Center Operating Fund - 545,503.00 545,503.00 Convention Center Renewal&Replacement 3,196,000.00 - 3,196,600.00 RDA Garages 243,000.00 - 243,000.00 Penn Garage Fund 435,000.00 - 435,000.00 1997 Parking Revenue Bonds 54,405.00 - 54,405.00 2010•Parking Bonds 172,234.00 - 172,234.00 Parking Capital not Bonds 3,802,766.00 - 3,802,766.00 Fleet Management 7,836,000.00 - 7,836,000.00 Property Management 287,000.00 - 287,000.00 Total Appropriation as of 10/26/2022 $ 73,657,820.00 $ 3,245,503.00 $ 76,903,323.00 ATTACHMENT C FY 2023 CAPITAL BUDGET PROGRAMS Adopted Amended Revised Capital Program Area FY 2023 10/26/2022 Budget Capital Budget Art in Public Places - $ - Bridges 3,000,000.00 - 3,000,000.00 Convention Center 1,998,000.00 - 1,998,000.00 • Environmental 227,000.00 - 227,000.00 Equipment 7,454,893.00 - 7,454,893.00 General Public Buildings 11,506,000.00 - 11,506,000.00 Golf Courses 211,000.00 - 211,000.00 Parking 2,507,405.00 - 2,507,405.00 Parking Garages 3,967,000.00 - 3,967,000.00 Parking Lots 150,000.00 - 150,000.00 Parks 15,215,301.00 1,500,000.00 16,715,301.00 Renewal&"Replacement 9,357,224.00 - 9,357,224.00 Streets/Sidewalks/Streetscapes Improvements 3,090,488.00 545,503.00 3,635,991.00 Transit/Transportation 4,221,743.00 1,200,000.00 5,421,743.00 Utilities 10,751,766.00 - 10,751,766.00 Total Appropriation as of 10/26/2022 $ 73,657,820.00 $ 3,245,503.00 $ 76,903,323.00 Agenda Item R7C. Date /ov76-022 ' MIAMI BEACH City of Miami Beach,1700 Convention Center Drive,Miami Beach,Florida 33139,www.miamibeachfl.gov COMMISSION MEMORANDUM TO: Honorable Mayor Dan Gelber and Members of the City Commission FROM: Alina T. Hudak, City Manag: DATE: October 26,2022 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FIRST AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2023 AS SET FORTH IN ATTACHMENTS A, "PROJECTS"; B, "SOURCE OF FUNDS"; AND C "PROGRAMS. STRATEGIC PLAN SUPPORTED Organizational Innovation—Ensure strong fiscal stewardship ADMINISTRATION RECOMMENDATION Adopt the Resolution. 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 FY 2023— 2027 Capital Improvement Plan and FY 2023 Capital Budget was adopted on September 28, 2022 by Resolution No.2022-32337. FIRST AMENDMENT TO THE FY 2023 CAPITAL BUDGET The First Amendment to the FY 2023 Capital Budget reflects an overall increase of$3,245,503.00 for the following capital projects: First Amendment to the FY 2023 Capital Budget October 26,2022 Page 2 of 3 At the September 30, 2022 Finance and Economic Resiliency (FERC) meeting, the FERC committee accepted the Administration's recommendation to fund the following projects: 1. Maurice Gibb Park Redesign: The scope of this project includes improvements to the park located at 18th Street and Purdy Avenue, including soil remediation, new landscaping, irrigation,signage,benches,playground replacement,fitness circuit,and resiliency elements. Groundbreaking is proposed to begin in early 2023 and construction will last approximately until Fall 2024. The bids received for this project in October 2022 have exceeded the available budget. As a result, an additional $1,500,000.00 is needed to fully fund this project. Funding for this proposed amendment would come from available Pay As You Go (Fund 302)fund balance. Prior Years'Appropriations $2,628,682.00 October 26, 2022 Capital Budget Amendment 1,500,000.00 Proposed Total Appropriation $4,128,682.00 2. Slow Streets 2.0: This initiative was first implemented in the Flamingo Park neighborhood during the COVID-19 pandemic as a pilot program. The goal of this project is to increase bike and pedestrian trips and reduce vehicular volumes and speeds. The Slow Streets 2.0 toolkit includes signage and markings, diverters, curb extensions, medians, circles and speed humps,and pinch points. Based on the direction given at the September 30, 2022 FERC meeting, the Slow Streets 2.0(Phase 1)will be deployed in the Flamingo Park neighborhood with a focus on the Jefferson Avenue and 13 Street corridors providing direct access to the park. In addition to traffic calming measures,the project also proposes protected bike lanes on Jefferson Avenue.The current funding need for this project is$1,200,000.00. Funding for this proposed amendment would come from available Transportation (Fund 106)fund balance. Prior Years'Appropriations $0.00 October 26, 2022 Capital Budget Amendment 1,200,000.00 Proposed Total Appropriation $1,200,000.00 3. Security for Public Spaces (related to G.O. Bond Project#53): The scope of this project includes the installation of security bollards in the Convention Center corridor. The bids received for the bollards for the Convention Center campus have exceeded the available budget.As a result,an additional$545,503.00 is needed to fully fund this project. This project provides additional funding for its related G.O. Bond project. Funding for this proposed amendment would come from available Convention Center (Fund 440)fund balance. First Amendment to the FY 2023 Capital Budget October 26,2022 Page 3 of 3 Prior Years'Appropriations $0.00 October 26, 2022 Capital Budget Amendment 545,503.00 Proposed Total Appropriation $545,503.00 ATH/JW/TOS Resolutions-R7 C MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Alina T. Hudak, City Manager DATE: October 26, 2022 2:00 p.m. Public Hearing SUBJECT:A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FIRST AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2023 AS SET FORTH IN ATTACHMENTS A, "PROJECTS"; B, "SOURCE OF FUNDS"; AND C "PROGRAMS." (ITEM TO BE SUBMITTED IN SUPPLEMENTAL) SUPPORTING SURVEY DATA N/A FINANCIAL INFORMATION See attached memorandum 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. 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