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Resolution 2023-32668R E S O L U T IO N NO . 2023-32668 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE SEVENTH 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 (CIP) for Fiscal Years 2023 - 2027 and the final Capital Budget for FY 2023 was adopted via Resolution No. 2022-32337; and WHEREAS, on October 26, 2022, the First Amendment to the Capital Budget for FY 2023 was adopted via Resolution No. 2022-32381; and WHEREAS, on November 30, 2022, the Second Amendment to the Capital Budget for FY 2023 was adopted via Resolution No. 2022-32420; and WHEREAS, on December 14, 2022, the Third Amendment to the Capital Budget for FY 2023 was adopted via Resolution No. 2022-32446; and WHEREAS, on February 1, 2023, the Fourth Amendment to the Capital Budget for FY 2023 was adopted via Resolution No. 2022-32482; and WHEREAS, on February 22, 2023, the Fifth Amendment to the Capital Budget for FY 2023 was adopted via Resolution No. 2023-32512; and WHEREAS, on March 27, 2023, the Sixth Amendment to the Capital Budget for FY 2023 was adopted via Resolution No. 2023-32547; and WHEREAS, it is recommended by the Administration that the FY 2023 Capital Budget be amended to increase appropriations by $3,200,000.00 as highlighted in Attachments A, "Projects"; B, "Source of Funds"; and C, "Programs" and to re-appropriate $270,000.00 as highlighted in Attachment A, "Projects." 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 June 28, 2023, the Mayor and City Commission hereby adopt the Seventh 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 28 day of June 2023. % ii t aa - 5 2023 RatalE. Granado, City Clerk Dan Gelber, Mayor APPROVED AS TO FORM & LANGUAGE & FOR EX ECUTION r city Atome' K<( A TT A C H M EN T A FY 2023 C A PITA L B U D G ET PR O JE C T S A M E N D E D 6/28/2023 Am ended Revised Capital Capital Project Nam e FY 2023 A m ended 6/28/2023 Capital Budget Budget Collins Park Artist Workforce Housing (Project# 23423) 2,850,000.00 3,000,000.00 5,850,000.00 Parkview Island Water Quality Outfall Improvements - 200,000.00 200,000.00 (Project# NEW) GO#33: Street Tree Master Plan (Project# 68219:66419) 2,620,000.00 150,000.00 2,770,000.00 GO#37: Sidewalk Improvements (Project# 24619:24519) 4,619,682.00 (150,000.00) 4,469,682.00 City Hall Elevator #2 Replacement (Project# NEW) - 70,000.00 70,000.00 City Hall Electrical Upgrades (Project# 68760) 341,500.00 (70,000.00) 271,500.00 13th Street Garage 40-Year Certification (Project# 63321) 300,000.00 50,000.00 350,000.00 13th Street Garage Neon Renewal (Project# 62522) 67,000.00 {50,000.00) 17,000.00 Total $ 10,798,182.00 $ 3,200,000.00 $ 13,998,182.00 NOTE: (i) $150,000 of funding from the GO#37: Sidewalk Improvements project will be transferred to the GO#33: Street Tree Master Plan project (ii) $70,000 of funding from the City Hall Electrical Upgrades project will be transferred to the City Hall Elevator #2 Replacement project (iii) $50,000 of funding from the 13th Street Garage Neon Renewal project will be transferred to the 13th Street Garage 40-Year Certification project A T T A C H M E N T B F Y 2 0 2 3 C A P IT A L B U D G E T S O U R C E O F F U N D S A M E N D E D 6 /2 8 /2 0 2 3 Amended Amended Revised Capital Funding Source FY 2023 Capital Budget 6/28/2023 Budget Transportation Fund $ 2,637,000.00 - $ 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 28,912,603.00 3,000,000.00 31,912,603.00 Capital Reserve 6,382,000.00 - 6,382,000.00 Resort Tax- South Beach 2,861,551.00 - 2,861,551.00 Resort Tax- Mid Beach 2,554,013.00 - 2,554,013.00 Resort Tax- North Beach 184,000.00 - 184,000.00 RDA Series 2015A 1,998,000.00 - 1,998,000.00 MDC ILA 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 2019 GO Bonds - Neighborhoods & Infrastructure - - - 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 201 O 4,497.00 - 4,497.00 Water & Sewer Impact Fees 126,316.00 - 126,316.00 Gulf Breeze 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 2015 Storm Water Bonds 1,410,597.00 - 1,410,597.00 Storm Water Capital not Bonds 4,945,800.00 200,000.00 5,145,800.00 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 - 3,196,000.00 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 4,519,766.00 - 4,519,766.00 Fleet Management 7,836,000.00 - 7,836,000.00 Property Management 287,000.00 - 287,000.00 Total Appropriation as of 6/2812023 $ 91,032,490.00 $ 3,200,000.00 $ 94,232,490.00 N O TE: (i) $150,000 of funding from the GO #37: Sidewalk Im provem ents project will be transferred to the GO#33: Street Tree Master Plan project (ii) $70,000 of funding fro m the City Hall Electrical Upgrades project will be transferred to the City Hall Elevator #2 Replacement project (iii) $50,000 of funding from the 13th Street Garage Neon Renewal project will be transferred to the 13th Street Garage 40-Year Certification project ATTACHMENT C FY 2023 CAPITAL BUDGET PROGRA MS Amended Amended Revised Capital Program Area FY 2023 6/28/2023 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 327,000.00 - 327,000.00 Equipment 7,454,893.00 - 7,454,893.00 General Public Buildings 11,506,000.00 3,000,000.00 14,506,000.00 Golf Courses 13,411,000.00 - 13,411,000.00 Parking 2,507,405.00 - 2,507,405.00 Parking Garages 4,684,000.00 - 4,684,000.00 Parking Lots 150,000.00 - 150,000.00 Parks 19,645,301.00 - 19,645,301.00 Renewal & Replacement 10,542,224.00 - 10,542,224.00 Streets/Sidewalks/Streetscapes Improvements (366,842.00) - (366,842.00) Transit/ Transportation 5,421,743.00 - 5,421,743.00 Utilities 10,751,766.00 200,000.00 10,951,766.00 Total Appropriation as of 6/28/2023 $ 91,032,490.00 $ 3,200,000.00 $ 94,232,490.00 NOTE: (i) $150,000 of funding from the GO#37. Sidewalk Improvements project will be transferred to the GO#33: Street Tree Master Plan project (ii) $70,000 of funding from the City Hall Electrical Upgrades project will be transferred to the City Hall Elevator #2 Replacement project (iii) $50,000 of funding from the 13th Street Garage Neon Renewal project will be transferred to the 13th Street Garage 40-Year Certification project Resolutions-R7 D COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Alina T. Hudak, City Manag er DATE: June 28, 2023 2:10 p.m. Public Hearing SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE SEVENTH AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2023 AS SET FORTH IN ATTACHMENTS A, "PROJECTS"; B, "SOURCE OF FUNDS"; AND C "PROGRAMS." --·- --·------ ··---· ·-- --- RECOMMENDATION Item deferred to June 28, 2023. SUPPORTING SURVEY DATA N/A FINANCIAL INFORMATION See attached memorandum Applicable Area Citywi de ls this a "Residents Right to Kn ow" item , pursuant to City Code Section 2-142 Yes Does this item utilize G.O, Bond Funds? No Strategic Connection Organizationa l Innovation - Ensure stro ng fiscal stewa rdship. Legislative Tracking Office of Manag ement and Budget ATTACHMENTS: Description Page 1286 of 1808 M em o - 7th Amen dmen t to th e F Y 2 0 2 3 C ap i tal B u d g et R e s ol u ti on Page 1287 of 1808 C ity o f M ia m i B e a c h , 17 0 0 C o nventio n C enter D rive, M iam i Beach, Florida 33139, www .m iam ibeachfl.gov COMMISSION MEMORANDUM TO: FROM: DATE: SUBJECT: Honorable Mayor Dan Gelber and Members of the City Commission Alina T. Hudak, City Manager June 28, 2023 A R E SO LU T IO N O F T H E M A Y O R A N D C ITY C O M M IS S IO N O F THE C ITY OF M IA M I B EA C H , FLO R ID A , A D O P T IN G THE SEV E N T H A M E ND M E N T TO THE C A P ITA L B U D G ET FO R FIS C A L Y EA R 2023 A S SET FO R TH IN A TT A C H M E N T S A , "P R O JE C T S "; B , "S O UR CE O F FUN D S "; A N D C "P R O G RA M S ." S T RA T E G IC PLA N S U P PO R T E D Organizational Innovation -- Ens ure strong fiscal stewardship A D M IN IS T RA T IO N R EC O M M E N D A T IO N Adopt the Resolution. B A C K G R O U N D Planning for ca pital 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 systematica lly identifying, prioritizing, and assigning funds to critica l 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 co mmitment of funds for their respective projects. The CIP is updated annually and submitted to the City Commission for adoption. The Fiscal Year (FY) 2023 - 2027 Capital Improvement Plan and FY 2023 Capital Budget was adopted on September 28, 2022 by Resolution No. 2022-32337. The First Amendment to the FY 2023 Capital Budget was adopted on October 26, 2022 by Resolution No. 2022-32381. The Seco nd Amendment to the FY 2023 Capital Budget was adopted on November 30, 2022 by Resolution No. 2022-32420. The Third Amendment to the FY 2023 Capital Budget was adopted on December 14, 2022 by Resolution No. 2022-32446. Page 1288 of 1808 Seventh Amendment to the FY 2023 Capital Budget June 28, 2023 Page 2 of 4 The Fourth Amendment to the FY 2023 Capital Budget was adopted on February 1, 2023 Resolution No. 2023-32482. The Fifth Amendment to the FY 2023 Capital Budget was adopted on February 22, 2023 by Resolution No. 2023-32512. The Sixth Amendment to the FY 2023 Capital Budget was adopted on March 27, 2023 by Resolution No. 2023-32547. SEVENTH AMENDMENT TO THE FY 2023 CAPITAL BUDGET The Seventh Amendment to the FY 2023 Capital Budget reflects an overall increase of $3,200,000 and a re-alignment of $270,000 for the following capital projects: 1. Collins Park Artist Workforce Housing: On January 13, 2021, the Mayor and City Commission adopted Resolution Nos. 2021-31553 and 2021-31555, approving, respectively, the Development Agreement and Ground Lease for the Collins Park Artist Workforce Housing Project, located at a city-owned parking lot at 224 23" Street in the Collins Park Cultural District. The residential housing component will incorporate 80 workforce housing units for households earning up to 120% Area Median Income with tenant selection prioritized among income-eligible artists, educators, City employees, veterans, and other members of the City's workforce. The 7-story, mixed- use project will also include a 32-bed dormitory space for Miami City Ballet's dance education program and approximately 2,200 sf of street-level retail space for cultural activation via first floor sublease back to the City. The Collins Park Artist Workforce Housing Project is a public-private partnership (P3) and relies on the City for a portion of development costs, with residual income (net available cash flow) paid to the City throughout the lease term and building ownership transferring to the City following satisfaction of debt service. Project development costs will be funded largely by proceeds from tax-exempt revenue bonds of approximately $31.7 million issued by the Miami-Dade County Industrial Development Authority. On September 28, 2022, the City Commission authorized a reimbursable direct capital cost contribution of $2.85 million (City Capital Contribution"), as approved in the FY 2023 Capital Budget (Project 23423, and a non-reimbursable $4.0 million grant contribution utilizing proceeds from the Arts and Culture General Obligation (G.O.) Bond, as approved by the Miami Beach electorate in the November 8, 2022 Special Election. At the May 17, 2023 Commission Meeting, the City Commission adopted Resolution No. 2023-32619 to fund an additional $3.0 million for the Project through a mid-year budget appropriation. The total direct capital cost contribution would increase to a total of $5.85 million and enhance the feasibility of financial closing for the project. Funding, in the amount of $3.0 million, for this proposed amendment would come from Pay As You Go (Fund 302) fund balance, which has no restriction on how funds are to be used for capital projects. This amendment will reduce the Pay As You Go reserve to $2.2 million. Page 1289 of 1808 Seventh Amendm ent to the FY 2023 Capital Budget Jun e 28, 2023 Page 3 of4 Prior Years' Appropriations $2,850,000 June 28, 2023 Capital Budget Amendment 3,000,000 Proposed Total Appropriation $5,850,000 2. Parkview Island Water Quality Outfall Improvements: The scope of this project would allow for water quality improvements to existing outfalls that impact the Parkview Island waterw ays. This proposed amendment would facilitate fast-tracking the start of design for this project, as recommended by the Finance and Economic Resiliency Committee (FERC) at its May 23, 2023 meeting. Once this amendment is approved, the Public Works team will engage a stormwater engineering consultant to negotiate a design task. This project is intended to install treatment systems to capture sediments, and thus nutrients and bacteria, upstream of the stormwater outfalls at or near the Parkview Canal. Funding for this proposed amendment would come from Storm Water Capital not Bonds (Fund 434/427) fund balance, which is financed through the operating surplus from the Storm Water division. Prior Years' Appropriations $0 June 28, 2023 Capital Budget Amendment 200,000 Proposed Total Appropriation $200,000 3. Street Tree Master Plan (GO#33): The scope of this project includes the planting of up to 5,000 trees cityw ide which would increase the overall shaded tree canopy coverage. Biscayne Point is the next neighborhood targeted for reforestation. The estimated project cost exceeds the funding amount currently available in Tranche 1. On April 20, 2023, the G.O. Bond Oversight Committee made a motion to approve the Administration's recommendation to temporarily re-align $150,000 from Project GO#37 Sidewalk Improvements to Project GO#33 Tree Planting to allow the Urban Forestry Division to continue moving forward with the program. Funding for this proposed amendment would come from 2019 GO Bonds - Neighbo rhood & Infr astructure (Fund 393) funds previously appropriated to the Sidewalk Improvements project. The Public Works Department has made great progress during Tran che 1 replacing over 600,000 square feet of sidewalk to date throughout various neighborhoods. However, based on the current workplan and schedule, it is anticipated that this project will not require all the funding currently allocated in Tranche 1. Once Tranch e 2 of the G.O. Bond is issued, funding re-aligned from the Sidewalk Improvements project will be returned. Prior Years' Appropriations $2,620,000 June 28, 2023 Capital Budget Amendment 150,000 Proposed Total Appropriation $2,770,000 4. City Hall Elevator #2 Replacement: Elevator #2 at City Hall was reported as non- functional on November 3, 2022. Facilities Management contacted Suncoast Elevator Solutions Inc, the City's elevator maintenance and repair vendor, to execute repairs. However, after multiple attempts to repair the unit with the existing machinery components, it was determined that a repair was not feasible due to the elevator's age. Page 1290 of 1808 S e v e n th A m e n d m e n t to th e F Y 2 0 2 3 Capital Budget June 28, 2023 Page 4 of4 Funding is being requested to replace the obsolete elevator machinery, ca rt, sheaves, and ropes. Funding fo r this proposed am endm ent would com e from Capital Renewal & Replacem ent (Fund 125) funds previously appropriated to the City Hall Electrica l Upgrades project(# 68760), which the departm ent estim ates will be completed with funding available for realignm ent. Prior Years' A ppropriations $0 June 28, 2023 Capital Budget Am endm ent 70,000 Proposed Total Appropriation $70,000 5. 13 Street Garage 40-Year Certification: This project requires addition al funding as the proposal rece ived in response to ITQ # 2023-018-JH cam e in over the original budgeted am ount. Due to material cost increase, an additional $50,000 is needed to execute the project. G iven the critica l nature of these repairs, the Facilities and Fleet Managem ent Departm ent reco m m ends the approval of this proposed budget am endm ent. Funding for this proposed am endm ent would com e from 2010 Parking Bond funds (Fund 486) previously ap prop riated to the 13" Stre et Garage Neon Ren ewal project (# 62522), which has been com pleted with funding available for realignment. Prior Years' A ppropriations $300,000 June 28, 2023 Capital Budget Amendm ent 50,000 Proposed Total Appropriation $350,000 ATH /JG /T O S Page 1291 of 1808