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LTC 463-2023 G.O. Bond Program - Project Implementation Update No. 29MIAMI BEACH OFFICE OF THE CITY MANAGER LTC# 463 - 2023 LETTER TO COMMISSION TO: FROM: DATE: Honorable Mayor Dan GelMVbers of the City Commission Alina T. Hudak, City Manary\ )g"\ October 13, 2023 SUBJECT: G.O. Bond Program -Project Implementation Update No. 29 The purpose of this Letter to the Commission ("L TC") is to advise you on the status of theimplementation of the 44 General Obligation Bond (G.O. Bond) Projects approved by the CityCommission for the first tranche of funding (Tranche 1) in the amount of $151,138,947, and thestatus of the implementation of 20 G.O. Bond for Arts & Culture approved by the City Commissionfor the first tranche (Tranche 1) in the amount of $101,700,000. Refer to attached Exhibit A for the meeting agenda which took place with the G.O. Bond OversightCommittee ("the Committee") on September 21, 2023. The following information includes excerptsfrom that meeting. For complete meeting agendas, handouts, minutes, presentations, and audiorecordings, visit the website www.GOMBinfo.com and click on the Oversight Committee tab to seeMeeting Records. IMPLEMENTATION STATUS -2018 BONDS Project Dashboard and Program Progress Report As of September 21, 2023, a total of 31 out of 44 Tranche 1 projects are in some form of "Active"status and 11 projects are completed. Chart 1 below shows the full breakdown by Category. PROJECT ACTIVITY PROJECT Compl.te STATUS Active Pending Future All Tranche 1 .... PROJECT CATEGORY Parb 11 30 Chart 1 lnfrastructuN! 10 0 -Future 13 •95% of all Tranche 1 Projects areComplete or Active = 43 Public Safety 10 0 13 AU 11 31 2 13 S7 G.O. Bond Program - Project Implementation Update No. 29 October 13, 2023 Page 2 of 6 Approximately $60.5 million have been expended and another $38.4 million are encumbered for a total of $98.9 million out of the $151.1 million of available Tranche 1 funds. Chart 2 below shows the full breakdown of the expenditures broken down by Category. Chart 2 Tranche 1 Progress Most of the 44 projects in Tranche 1 have different components which are considered distinct projects, or “subprojects”, that are tracked separately and have separate budgets, procurement, and implementation schedules. The Tranche 1 Subproject Activity Summary depicted in Charts 3 and 4 summarize the subproject activity into Status, Category and Funding amount. Subproject Tracking Summary by Phase The tracking summary indicates that 44 (50%) of the 88 total Tranche 1 subprojects have been completed, 12 (14%) are under construction, 21 (24%) are in a design phase, 6 (7%) are in a planning phase, and 5 (6%) are pending to become active. Chart 3 on the following page shows the status of all subprojects broken down by Phase and Category. G.O. Bond Program - Project Implementation Update No. 29 October 13, 2023 Page 3 of 6 Chart 3 The total expenditures funding summary for each of the subproject categories on Chart 4 below indicates that as of September 21, 2023, the 44 completed subprojects equate to $36.7 million of the budget (24%), $41.7 million (28%) equate to subprojects under construction, $48.8 million (32%) equate to subprojects that are in the design phase, $18.7 million (12%) equate to subprojects that are in the planning phase, and a total equating to $5 million (3%) are for subprojects which are pending to become active. For a full breakdown, by project, refer to attached Exhibit B. Chart 4 complete G.O. Bond Program - Project Implementation Update No. 29 October 13, 2023 Page 4 of 6 Subproject Progress Chart 5 below compares the status of subprojects from previous months to the current month, dating back to October 2019. Chart 5 Construction Commencements for 2023 and 2024 Summary graphs of all projects proposed to commence construction during the 2023 and 2024 calendar years were reported. Refer to Exhibit C for current updated information. Bond Interest/ Capital Budget Amendments The Administration reported the 2018 G.O. Bond accrued interest to date which totals $7.5 million among the 3 bond categories (Public Safety, Infrastructure and Parks). Those dollars can only be utilized for projects in those specific categories. The total amount in earned interest, as of June 30, in the Public Safety category was $1.75 million, which was used to partially fund the budget shortfall for Fire Station #1. The remaining $3.3 million was funded from the Capital Reserve fund (Fund 304), where $4.47 million had been initially earmarked for project #15 Par 3/Bayshore Park, which could now be funded by the accrued interest in the Parks category. Approximately $1.3 million in accrued interest remains available in the Infrastructure category for future use. Refer to Exhibit D for further details. Funding Swap – 41st Street/Ocean Drive Corridor The Administration reported the temporary swap of funds done between GO#40 41st Street Corridor and GO#31 Ocean Drive Corridor, which are both infrastructure projects. The 41st Street Corridor project is well under the design process and is approaching 60% of construction documents. The project needed advanced funds, in the amount of $451,000, for services required through April and May 2024. The Ocean Drive Corridor has a budget of $20 million, with $2 million previously allocated in Tranche 1 and the remainder in Tranche 2. The City has recently issued a purchase order to the design firm for services required through December 2024, and issuance of tranche 2 for the Infrastructure Category is expected to occur prior to that. A balance of $408,000 remains unencumbered in Tranche 1. On July 26, 2023, the City Commission adopted the eighth amendment to the Capital Budget, which included the re-alignment of $451,000 available from the Ocean Drive Corridor project to the 41st Street Corridor project to allow the project to continue without delays. Per the Committee protocols rules, this action was taken by staff in between Oversight Committee meetings in order to keep the 41st Street Corridor project moving forward without any delays. Refer to Exhibit E for further details. G.O. Bond Program - Project Implementation Update No. 29 October 13, 2023 Page 5 of 6 Tranche 1 Projects Update The following Tranche 1 project updates were discussed. Refer to Exhibit F for further details and information for each of the following: #01 72nd St. Community Complex #15 PAR 3 / Bayshore Park #33 Tree Planting – Tranche 1 #42 Bayshore South Traffic Calming #43 23 St. Streetscape Improvements & Chase Ave/34 Street Shared Use Path #45 Fire Station #1 #46 Ocean Rescue NOBE Facility #48 Police HQ Facility #53 Convention Center Bollards, Soundscape Park Bollards, & South Pointe Park Bollards G.O. BOND FOR ARTS & CULTURE Staff has provided updates on a regular basis to cultural institutions to provide information in advance of Commission and Committee meetings. Members of each institution also attend G.O. Bond Oversight Committee meetings and are given the opportunity to speak at the meetings. Overview and Next Steps The Administration reported that at the July 26th Commission Meeting, the Amendment No. 1 to Grant Agreement Template for Funding Advances and the 8th Amendment to Capital Budget for appropriation of Tranche 1 Funding were both approved. At the September 13th Commission Meeting, the financial structure for the Miami Beach Classical Music Festival agreement was approved. This agreement will be a loan agreement, instead of a grant. At the September 27th Commission Meeting, there will be two items regarding agreements for the Aquatic Sculpture Park (Reefline) project. The first item is a resolution approving an agreement with Miami-Dade County (the County) for the installation of an artificial reef within previously permitted boundaries to which the County is the permittee (C7A). This agreement requires County approval. The second item is a resolution authorizing the Administration to enter into a Grant Agreement with BlueLab Preservation Society Inc. (the Reefline) to fund the installation of an artificial reef from a portion of the proceeds of the General Obligation Bond for Arts & Culture (C7B). This agreement requires County approval. Also, Staff is working diligently to launch the G.O. Bond for Arts & Culture website. Refer to Exhibit G for bond issuance timeline and milestone summary. COMMUNITY INFORMATION AND OUTREACH The Administration continues to perform public information and outreach activities through various community meetings, Constant Contact emails, direct mailings, publications, social media platforms. Please see attached Exhibit H to view recent materials. The Administration held a groundbreaking ceremony for Collins Park Artist Housing on July 27th. An invite was sent to residents via email and posted on Facebook and Twitter. An advisory was sent through NextDoor and Constant Contact to notify residents of the groundbreaking. The project is featured in the fall issue of the MB Magazine. The $42 million project will address the need for additional workforce and artist housing units in the community. The Arts & Culture Bond shall contribute $4 million via a non-reimbursable grant. The Administration held a groundbreaking ceremony for Bayshore Park on September 19th. An invite was sent to residents via email and posted on Facebook and Twitter. An advisory was sent through NextDoor and Constant Contact to notify residents of the groundbreaking. This 19.4-acre G. 0. Bond Program -Project Implementation Update No. 29 October 13, 2023 Page 6 of6 park will become an example of the City's commitment to green space while serving as a model of sustainability, stewardship and resilience. The 2018 G.O. Bond contributes approximately $20 million to this project. The website, www.GOMBlnfo.com, continues to be updated with the latest construction advisories, press releases, project photos, implementation updates, public presentations, and more. For more information, please contact Maria Hernandez at mariahernandez@miamibeachfl.gov or via cellphone at (786) 371-3168. Attachments: Exhibit A-GOB Oversight Committee Agenda for September 21, 2023 Exhibit B -Subproject and Project List by Phase Exhibit C -Construction Commencement Graph Exhibit D -2018 G.O. Bond Accrued Interest & Commission Memorandum Exhibit E -Funding Swap Memorandum Exhibit F -2018 Tranche 1 Project Updates Exhibit G -G.O. Bond for Arts & Culture Overview & Next Steps Exhibit H -Community Information and Outreach @.6; MH 7Jv Mi/ __________________________________________________________________________________________________ Legend: (P) Planning Phase, (D) Design Phase, (C) Construction Phase, (PN) Pending, (F) Future Tranche General Obligation Bond Oversight Committee City of Miami Beach Karen Rivo, Chair Maria Hernandez, Liaison AGENDA – VIRTUAL MEETING September 21, 2023 I.Roll Call and Introductions All 4:30pm •New Member Shari Gurkin II.Committee Business Karen Rivo 4:40pm •Adoption of Meeting Minutes from 6-22-23 III.Community Outreach Kevin Pulido 4:45pm •Upcoming / Recent Past Public Meetings & Events G.O. Bonds for Arts & Culture IV.Arts & Culture Update Maria Hernandez 4:55pm •Arts & Culture Projects Status & Next Steps V.Public Comment Public 5:15pm 2018 Bonds VI.Bond Interest / Capital Budget Amendments Jason Greene 5:25pm VII.Funding Swap – 41st Street/ Ocean Drive Corridor Thais Vieira 5:35pm VIII.Program General Status Update Maria Hernandez 5:45pm IX.2018 Bonds Projects Update CIP/TT/FM/PW/ENV 6:00pm •Fire Station 1 (D), 72nd St. Complex (D), Bayshore Park (C), 23 St. Streetscape (D), Chase/34 St Shared Use Path (D), Bayshore Traffic Calming (D), Ocean Rescue NoBe Facility (P), Bollards (C), Police HQ (D), Tree Planting (C) X.Public Comment Public 6:30pm XI.Adjournment 6:40pm Committee Charge The purpose of the General Obligation Bond Oversight Committee is to make advisory recommendations to the City Manager and City Commission from a macro perspective regarding the timely progress, overall goals, costs, including financial efficiencies, and the timely completion of General Obligation Bond Program projects approved by the voters in the City of Miami Beach. The Committee shall have the following powers & duties: 1.Receive input from the public, the City Administration, City consultants, and the City’s Inspector General, as needed, to make recommendations relative to the overall timing, cost efficiencies, and prioritization of the G.O. Bond Program projects. 2.Provide general oversight to ensure that G.O. Bond Program project timelines, budgets (including cost efficiencies) are prioritized and achieved, and that the projects are completed in accordance with the scope of work approved by the voters. 3.Review City staff and G.O. Bond Program project manager’s progress reports and provide monthly reports to the City Commission. EXHIBIT A G.O. BOND PROGRAM UPDATE September 21, 2023 www.GOMBInfo.com EXHIBIT B www.GOMBInfo.com CURRENT MAIN PROJECTS STATUS •65% of all Tranche 1 Funds are Spent or Encumbered = $98.9M out of $151M •95% of all Tranche 1 Projects are Complete or Active = 43 www.GOMBInfo.com 10/17/19 7/16/20 7/28/21 7/28/22 12/1/22 2/16/23 6/22/23 9/21/23 VARIANCE COMPLETE 1 6 8 11 11 11 11 11 0 ACTIVE 28 29 32 30 31 32 32 31 -1 * PENDING 9 3 2 1 1 1 1 2 1 * FUTURE 19 19 15 15 14 13 13 13 0 ALL 57 57 57 57 57 57 57 57 0 * #30 Skate Park moved to Pending. Project has been paused due to funding gap, which will be considered during the FY24 capital budget process. SUMMARY - ALL MAIN PROJECTS www.GOMBInfo.com •94% of all T1 Subprojects are Complete or Active = 83 Bidding / Awarded = 4 •52% of the value of All T1 Projects are Complete or Under Construction Bidding / Awarded = $ 4.5M SUBPROJECTS STATUS www.GOMBInfo.com * Total number of subprojects was updated to reflect the revised G.O. Bond Implementation Plan approved by the City Commission on April 21, 2021 ** GO#25 -Waterway Restoration Project moved from Tranche 2 to Tranche 1 ***GO#18 -Scott Rakow Youth Center -One sub-project sub-divided into 2 GO#34 -Above Ground Improvements -Indian Creek Sub-Project moved from Tranche 2 to Tranche 1 GO#52 -LED Lighting in Parks -One sub-project sub-divided into 2 No.%No.%No.%No.%No.%No.%No.% ACTIVE/COMPLETE 44 68%80 95%82 98%83 98%84 95%84 95%83 94%-1 CONSTRUCTION 16 15%8 10%10 12%8 9%5 6%11 13%12 14%1 PLANNING / DESIGN 23 21%39 46%34 40%35 41%36 41%30 34%27 31%-3 CLOSED / COMPLETE 5 5%33 39%38 45%40 47%43 49%43 49%44 50%1 REMAINING 21 32%4 5%2 2%2 2%4 5%4 5%5 6%1 TOTAL SUB-PROJECTS 65 84 *84 85 **88 ***88 88 12/01/22 09/21/2306/22/23 SUMMARY SUB-PROJECTS - TRANCHE 1 10/17/19 VARIANCE02/16/237/28/21 7/28/22 G. O .  BO N D  PR O J E C T  LI S T  BY  PH A S E Ac t i v e  Ph a s e P r o j e c t  Na m e C a t e g o r y D e p a r t m e n t T r a n c h e A n t i c i p a t e d  En d  Da t e  ↑ Co u n t %  Count $ Budget $ Encumbered $ Spent % Spent $ Available Cl o s e d # 5 3  PO R T A B L E  BO L L A R D S                            Pu b l i c  Sa f e t y P o l i c e 1 0 7 ‐31 ‐20 1 9 1                1%599,916              ‐                        599,915           0.99%‐                    Cl o s e d # 1 7  PO L O  PA R K                                            Pa r k s P a r k s  & Re c r e a t i o n 1 0 8 ‐11 ‐20 1 9 1                1%493,673              ‐                        493,673           0.82%‐                    Cl o s e d # 1 9  SO U N D S C A P E  4K  TE C H N O L O G Y              Pa r k s T o u r i s m  & Cu l t u r e 1 0 9 ‐30 ‐20 1 9 1                1%3,799,999           ‐                        3,748,495       6.19%51,503              Cl o s e d # 1 3  NO R T H  SH O R E  LI G H T S  & PA I N T          Pa r k s P r o p e r t y  Ma n a g e m e n t 1 1 0 ‐14 ‐20 1 9 1                1%130,300              ‐                        130,210           0.22%89                      Cl o s e d # 5 2  TA T U M  PA R K  LE D  LI G H T I N G                Pu b l i c  Sa f e t y P a r k s  & Re c r e a t i o n 1 1 0 ‐14 ‐20 1 9 1                1%52,758                ‐                        52,758             0.09%‐                    Cl o s e d # 5 2  CR E S P I  PA R K  LE D  LI G H T I N G              Pu b l i c  Sa f e t y P a r k s  & Re c r e a t i o n 1 1 0 ‐21 ‐20 1 9 1                1%41,780                ‐                        41,780             0.07%‐                    Cl o s e d # 5 2  ST I L L W A T E R  PA R K  LE D  LI G H T I N G      Pu b l i c  Sa f e t y P a r k s  & Re c r e a t i o n 1 1 0 ‐21 ‐20 1 9 1                1%41,780                ‐                        41,780             0.07%‐                    Cl o s e d # 2 6  CO L O N Y  TH E A T R E  RO O F                        Pa r k s P r o p e r t y  Ma n a g e m e n t 1 1 0 ‐24 ‐20 1 9 1                1%299,650              ‐                        299,650           0.50%‐                    Cl o s e d # 2 1  ST I L L W A T E R  PA R K                                Pa r k s P a r k s  & Re c r e a t i o n 1 1 1 ‐08 ‐20 1 9 1                1%142,440              ‐                        142,440           0.24%‐                    Cl o s e d # 3  CR E S P I  PA R K                                          Pa r k s P a r k s  & Re c r e a t i o n 1 1 1 ‐09 ‐20 1 9 1                1%184,920              ‐                        184,919           0.31%1                        Cl o s e d # 1 8  SC O T T  RA K O W  PA I N T                            Pa r k s P r o p e r t y  Ma n a g e m e n t 1 1 1 ‐12 ‐20 1 9 1                1%116,776              ‐                        116,776           0.19%‐                    Cl o s e d # 4 7  MA C A R T H U R  CS W Y    RE A D E R S                Pu b l i c  Sa f e t y P o l i c e 1 1 1 ‐28 ‐20 1 9 1                1%64,904                ‐                        64,904             0.11%‐                    Cl o s e d # 5 2  NO R M A N D Y  IS L E  PA R K  LE D  LI G H T I N G P u b l i c  Sa f e t y P a r k s  & Re c r e a t i o n 1 1 2 ‐02 ‐20 1 9 1                1%212,599              ‐                        212,593           0.35%5                        Cl o s e d # 1 8  SC O T T  RA K O W  HV A C                              Pa r k s P r o p e r t y  Ma n a g e m e n t 1 1 2 ‐06 ‐20 1 9 1                1%137,303              ‐                        137,302           0.23%‐                    Cl o s e d # 1 3  NO R T H  SH O R E  RO O F                              Pa r k s P r o p e r t y  Ma n a g e m e n t 1 1 2 ‐16 ‐20 1 9 1                1%375,000              ‐                        374,722           0.62%276                    Cl o s e d # 1 8  SC O T T  RA K O W  RO O F                              Pa r k s P r o p e r t y  Ma n a g e m e n t 1 0 1 ‐05 ‐20 2 0 1                1%127,218              ‐                        127,217           0.21%‐                    Cl o s e d # 2 6  MI A M I  CI T Y  BA L L E T  RO O F                  Pa r k s P r o p e r t y  Ma n a g e m e n t 1 0 1 ‐15 ‐20 2 0 1                1%758,824              ‐                        758,824           1.25%‐                    Cl o s e d # 1 3  NO R T H  SH O R E  CA M E R A S                        Pa r k s P r o p e r t y  Ma n a g e m e n t 1 0 2 ‐04 ‐20 2 0 1                1%205,699              ‐                        60,858             0.10%144,841            Cl o s e d # 1 8  SC O T T  RA K O W  CA M E R A S                        Pa r k s P r o p e r t y  Ma n a g e m e n t 1 0 2 ‐05 ‐20 2 0 1                1%250,000              ‐                        110,659           0.18%139,340            Cl o s e d # 3 2  PA L M  & HI B I S C U S  LA N D S C A P I N G        In f r a s t r u c t u r e C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 0 3 ‐25 ‐20 2 0 1                1%1,000,000           ‐                        1,000,000       1.65%‐                    Cl o s e d # 1 8  SC O T T  RA K O W  WI N D O W S                        Pa r k s P r o p e r t y  Ma n a g e m e n t 1 0 4 ‐16 ‐20 2 0 1                1%699,999              ‐                        198,887           0.33%501,110            Cl o s e d # 2 6  FI L L M O R E  RO O F                                    Pa r k s P r o p e r t y  Ma n a g e m e n t 1 0 5 ‐15 ‐20 2 0 1                1%1,874,156           ‐                        1,874,154       3.10%‐                    Cl o s e d # 4  FA I R W A Y  PA R K  PA V I L I O N                      Pa r k s P a r k s  & Re c r e a t i o n 1 0 5 ‐15 ‐20 2 0 1                1%50,000                ‐                        35,044             0.06%14,955              Cl o s e d # 2  CO L L I N S  PA R K                                        Pa r k s P a r k s  & Re c r e a t i o n 1 0 5 ‐28 ‐20 2 0 1                1%557,287              ‐                        557,287           0.92%‐                    Cl o s e d # 1 3  NO R T H  SH O R E  GE N E R A T O R                    Pa r k s P r o p e r t y  Ma n a g e m e n t 1 0 6 ‐30 ‐20 2 0 1                1%524,999              ‐                        503,861           0.83%21,138              Cl o s e d # 1 8  SC O T T  RA K O W  GE N E R A T O R                    Pa r k s P r o p e r t y  Ma n a g e m e n t 1 0 6 ‐30 ‐20 2 0 1                1%803,748              ‐                        729,717           1.21%74,029              Cl o s e d # 1 8  SC O T T  RA K O W  PO O L                              Pa r k s P a r k s  & Re c r e a t i o n 1 0 7 ‐06 ‐20 2 0 1                1%977,998              ‐                        977,104           1.61%893                    Cl o s e d # 4 7    71  ST .  EN T R A N C E  RE A D E R S              Pu b l i c  Sa f e t y P o l i c e 1 0 7 ‐12 ‐20 2 0 1                1%31,582                ‐                        31,582             0.05%‐                    Cl o s e d # 4 7  JU L I A  TU T T L E  CS W Y  RE A D E R S            Pu b l i c  Sa f e t y P o l i c e 1 0 9 ‐21 ‐20 2 0 1                1%89,186                ‐                        89,185             0.15%1                        Cl o s e d # 5 7  LU M M U S  PA R K / O C E A N  DR I V E  CA M E R A S P u b l i c  Sa f e t y P o l i c e 1 0 2 ‐28 ‐20 2 1 1                1%824,845              ‐                        824,845           1.36%‐                    Cl o s e d # 4  FA I R W A Y  PA R K  FE N C E                            Pa r k s P a r k s  & Re c r e a t i o n 1 0 3 ‐10 ‐20 2 1 1                1%209,999              ‐                        205,917           0.34%4,082                Cl o s e d # 4 0    41  ST R E E T  LI G H T I N G  UP G R A D E S      In f r a s t r u c t u r e P u b l i c  Wo r k s  De p a r t m e n t 1 0 3 ‐13 ‐20 2 1 1                1%102,999              ‐                        99,173             0.16%3,825                Cl o s e d # 5 6  CA M E R A S ‐  BE A C H W A L K                          Pu b l i c  Sa f e t y P o l i c e 1 0 4 ‐02 ‐20 2 1 1                1%693,219              ‐                        693,218           1.15%‐                    Cl o s e d # 2 4  MI D D L E  BE A C H  BE A C H W A L K  PH 3          Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 1 2 ‐27 ‐20 2 1 1                1%4,500,000           ‐                        4,214,178       6.96%285,821            Cl o s e d # 1 8  SC O T T  RA K O W  GY M  FL O O R S                  Pa r k s P a r k s  & Re c r e a t i o n 1 0 1 ‐21 ‐20 2 2 1                1%322,561              ‐                        322,451           0.53%110                    Cl o s e d # 1 2  N.  BE A C H  OC E A N S I D E  BE A C H W A L K      Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 0 6 ‐06 ‐20 2 2 1                1%1,999,999           ‐                        1,999,999       3.30%‐                    Cl o s e d # 9  MS D  PL A Y G R O U N D  AN D  SI D E W A L K S P a r k s P a r k s  & Re c r e a t i o n 1 0 8 ‐05 ‐20 2 2 1                1%553,999              ‐                        524,410           0.87%29,588              Cl o s e d # 1 8  SC O T T  RA K O W  OT H E R  FL O O R S P a r k s P a r k s  & Re c r e a t i o n 1 1 0 ‐28 ‐20 2 2 1                1%203,798              ‐                        203,798           0.34%‐                    Cl o s e d # 5 2  FL A M I N G O  PA R K  LE D  LI G H T I N G P u b l i c  Sa f e t y P a r k s  & Re c r e a t i o n 1 1 1 ‐14 ‐20 2 2 1                1%1,044,143           ‐                        1,044,143       1.73%‐                    Cl o s e d  Su m 39            44%25,100,056         ‐                        23,828,428     39% 1,271,607        Cl o s e d  Co u n t 39            44%39                       39                          39                     0.00% 39                      CI T Y  OF  MI A M I  BE A C H 9/15/2023  ‐ 5:16  PM G. O .  BO N D  PR O J E C T  LI S T  BY  PH A S E Ac t i v e  Ph a s e P r o j e c t  Na m e C a t e g o r y D e p a r t m e n t T r a n c h e A n t i c i p a t e d  En d  Da t e  ↑ Co u n t %  Count $ Budget $ Encumbered $ Spent % Spent $ Available Co m p l e t e # 4 2  NA U T I L U S  TR A F F I C  CA L M I N G              In f r a s t r u c t u r e T r a n s p o r t a t i o n 1 0 1 ‐14 ‐20 2 2 1                1%739,499             22,500                   712,627           1.18%4,371                Co m p l e t e # 4 9  PU B L I C  SA F E T Y  RA D I O  SY S T E M          Pu b l i c  Sa f e t y F i r e 1 0 4 ‐30 ‐20 2 2 1                1%9,700,000          1,190,426             8,502,920       14.05%6,653                Co m p l e t e # 5 0  DA D E  BL V D .  CO R R I D O R  CA M E R A S        Pu b l i c  Sa f e t y P o l i c e 1 0 8 ‐03 ‐20 2 2 1                1%165,674              ‐                        130,984           0.22%34,690              Co m p l e t e # 5 0  71  ST R E E T  CO R R I D O R  CA M E R A S          Pu b l i c  Sa f e t y P o l i c e 1 1 2 ‐22 ‐20 2 2 1                1%211,999              ‐                        85,307             0.14%126,692            Co m p l e t e # 5 3  CO N V E N T I O N  CE N T E R  BO L L A R D S          Pu b l i c  Sa f e t y P u b l i c  Wo r k s  De p a r t m e n t 1 0 9 ‐07 ‐20 2 3 1                1%783,128             529,267                252,745           0.42%1,115                Co m p l e t e  Su m 10            11%11,600,300        1,742,193             9,684,583       16% 173,521            Co m p l e t e  Co u n t 5                6%5                         5                             5                       0.00% 5                        Co n s t r u c t i o n # 5 3  SO U N D S C A P E  PA R K  BO L L A R D S              Pu b l i c  Sa f e t y P u b l i c  Wo r k s  De p a r t m e n t 1 1 0 ‐16 ‐20 2 3 1                1%225,198             107,998                116,755           0.19%445                    Co n s t r u c t i o n # 5 3  SO U T H  PO I N T E  PA R K  BO L L A R D S          Pu b l i c  Sa f e t y P u b l i c  Wo r k s  De p a r t m e n t 1 1 1 ‐17 ‐20 2 3 1                1%391,668             276,035                115,232           0.19%401                    Co n s t r u c t i o n # 5 0  AL T O N  RD .  CO R R I D O R  CA M E R A S          Pu b l i c  Sa f e t y P o l i c e 1 1 2 ‐02 ‐20 2 3 1                1%211,999              ‐                        112,220           0.19%99,778              Co n s t r u c t i o n # 5 7  CO L L I N S  AV E / W A S H  AV E  CA M E R A S      Pu b l i c  Sa f e t y P o l i c e 1 1 2 ‐29 ‐20 2 3 1                1%665,154              ‐                        289,000           0.48%376,154            Co n s t r u c t i o n # 4 7  OT H E R  RE A D E R S  CI T Y W I D E                  Pu b l i c  Sa f e t y P o l i c e 1 1 2 ‐30 ‐20 2 3 1                1%1,390,000          63,834                   462,916           0.76%863,249            Co n s t r u c t i o n # 3 4  A. G . I M P R O V E M E N T S  ‐   IN D I A N  CR E E K I n f r a s t r u c t u r e P u b l i c  Wo r k s  De p a r t m e n t 1 0 1 ‐30 ‐20 2 4 1                1%1,112,000          1,085,989             25,647             0.04%363                    Co n s t r u c t i o n # 3 9  SE A W A L L S / S H O R E L I N E S  ‐   TR A N C H E  1 I n f r a s t r u c t u r e P u b l i c  Wo r k s  De p a r t m e n t 1 0 2 ‐29 ‐20 2 4 1                1%4,999,998          2,732,219             2,016,689       3.33%251,087            Co n s t r u c t i o n # 3 7  SI D E W A L K S  ‐   TR A N C H E  1 I n f r a s t r u c t u r e P u b l i c  Wo r k s  De p a r t m e n t 1 0 3 ‐29 ‐20 2 4 1                1%3,960,066          119,652                3,539,231       5.85%301,181            Co n s t r u c t i o n # 3 3  TR E E  PL A N T I N G  ‐   TR A N C H E  1 I n f r a s t r u c t u r e E n v i r o n m e n t a l 1 0 3 ‐30 ‐20 2 4 1                1%2,770,000          347,034                2,270,395       3.75%152,570            Co n s t r u c t i o n # 3 8  ST R E E T S  ‐   TR A N C H E  1 I n f r a s t r u c t u r e P u b l i c  Wo r k s  De p a r t m e n t 1 0 3 ‐30 ‐20 2 4 1                1%5,800,000          312,361                5,465,627       9.03%22,010              Co n s t r u c t i o n # 1 0  MA U R I C E  GI B B  PA R K                            Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 1 2 ‐09 ‐20 2 4 1                1%4,500,000          4,263,959             211,392           0.35%24,647              Co n s t r u c t i o n # 1 5  PA R  3  / BA Y S H O R E  PA R K                    Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 0 9 ‐15 ‐20 2 5 1                1%15,699,999        14,594,084           863,549           1.43%242,365            Co n s t r u c t i o n  Su m 48            55%$41,726,082 $23,903,165 $15,488,653 26% $2,334,250 Co n s t r u c t i o n  Co u n t 12            14%12                       12                          12                     0.00% 12                      De s i g n # 4 8  PO L I C E  HQ  FA C I L I T Y  ‐   TR A N C H E  1 P u b l i c  Sa f e t y P r o p e r t y  Ma n a g e m e n t 1 , 2 1 0 ‐31 ‐20 2 3  b 1                1%6,573,271          156,134                1,558,654       2.58%4,858,483        De s i g n # 4 2  PA L M  VI E W  TR A F F I C  CA L M I N G            In f r a s t r u c t u r e T r a n s p o r t a t i o n 1 0 3 ‐18 ‐20 2 4 1                1%86,349               1,880                     44,547             0.07%39,922              De s i g n # 1 3  N. S .  PL A Y G R O U N D  & RE F O R E S T A T I O N P a r k s P a r k s  & Re c r e a t i o n 1 0 5 ‐03 ‐20 2 4 1                1%794,999              ‐                        4,546               0.01%790,453            De s i g n # 1 9  SO U N D S C A P E  RE S T R O O M S / S T O R A G E      Pa r k s P a r k s  & Re c r e a t i o n 1 0 5 ‐17 ‐20 2 4 1                1%699,999             9,442                     37,966             0.06%652,590            De s i g n # 5 5  ST R E E T  LI G H T I N G  ‐   TR A N C H E  1 P u b l i c  Sa f e t y P u b l i c  Wo r k s  De p a r t m e n t 1 0 7 ‐29 ‐20 2 4  b 1                1%3,500,000          626,950                204,116           0.34%2,668,933        De s i g n # 5  FL A M I N G O  PA R K  MA S T E R  PL A N              Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 0 8 ‐28 ‐20 2 4 1                1%15,150,000        290,696                541,431           0.89%14,317,871      De s i g n # 2 3  PE D E S T R I A N  BR I D G E                            Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 0 9 ‐25 ‐20 2 4 1                1%8,999,999          7,259,137             1,690,254       2.79%50,606              De s i g n # 2 5  WA T E R W A Y  RE S T O R A T I O N                      Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 1 0 ‐17 ‐20 2 4 1                1%99,999                ‐                        27,111             0.04%72,888              De s i g n # 4 3  AL T O N  RO A D  SH A R E D  US E  PA T H          In f r a s t r u c t u r e T r a n s p o r t a t i o n 1 1 0 ‐30 ‐20 2 4  b 1                1%50,000                ‐                         ‐                   0.00%50,000              De s i g n # 9  MS D  PA R K  LI G H T I N G P a r k s P a r k s  & Re c r e a t i o n 1 1 1 ‐16 ‐20 2 4 1                1%127,999             31,235                   7,194               0.01%89,570              De s i g n # 4 2  BA Y S H O R E  SO U T H  TR A F F I C  CA L M I N G   In f r a s t r u c t u r e T r a n s p o r t a t i o n 1 0 2 ‐06 ‐20 2 5 1                1%380,148             33,448                   259,091           0.43%87,608              De s i g n # 4 3  CH A S E  AV E / 3 4  ST  SH A R E D  US E  PA T H I n f r a s t r u c t u r e C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 0 2 ‐20 ‐20 2 5 1                1%830,000             32,078                   267,773           0.44%530,148            De s i g n # 4 3  23  ST .  ST R E E T S C A P E  IM P R O V E M E N T S I n f r a s t r u c t u r e C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 0 3 ‐14 ‐20 2 5 1                1%1,499,998          56,163                   588,633           0.97%855,202            De s i g n # 4 2  NO R M A N D Y  IS L E  TR A F F I C  CA L M I N G    In f r a s t r u c t u r e T r a n s p o r t a t i o n 1 0 5 ‐05 ‐20 2 5 1                1%293,999             47,320                   179,310           0.30%67,368              De s i g n # 5 4  MA R I N E  PA T R O L  FA C I L I T Y                  Pu b l i c  Sa f e t y C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 , 2 0 2 ‐04 ‐20 2 6 1                1%1,999,999          351,898                221,320           0.37%1,426,779        De s i g n # 2 3  BA Y  GA R D E N  MA N O R  LI N K                    Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 , 2 0 2 ‐19 ‐20 2 6 1                1%269,999              ‐                        79,101             0.13%190,898            De s i g n # 2 3  BA Y V I E W  TE R R A C E  LI N K                      Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 , 2 0 2 ‐19 ‐20 2 6 1                1%169,999              ‐                        75,131             0.12%94,868              De s i g n # 4 5  FI R E  ST A T I O N  #1                                Pu b l i c  Sa f e t y C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 , 2 0 3 ‐31 ‐20 2 6 1                1%4,000,000          594,331                1,667,372       2.75%1,738,294        De s i g n # 2 3  SO U T H  BA Y  CL U B  LI N K                        Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 , 2 0 4 ‐02 ‐20 2 6 1                1%559,999              ‐                        176,551           0.29%383,448            De s i g n # 4 0  41  ST  CO R R I D O R  IM P R O V E M E N T S I n f r a s t r u c t u r e C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 , 2 0 6 ‐09 ‐20 2 6 1                1%2,428,318          1,230,594             877,327           1.45%320,396            De s i g n # 5 0  41  ST .  CO R R I D O R  CA M E R A S                Pu b l i c  Sa f e t y C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 0 7 ‐21 ‐20 2 6 1                1%235,324              ‐                        17,999             0.03%217,324            De s i g n  Su m 10 5      119%$48,750,398 $10,721,306 $8,525,427 14% $29,503,649 De s i g n  Co u n t 21            24%21                       21                          21                     0.00% 21                      CI T Y  OF  MI A M I  BE A C H 9/15/2023  ‐ 5:16  PM G. O .  BO N D  PR O J E C T  LI S T  BY  PH A S E Ac t i v e  Ph a s e P r o j e c t  Na m e C a t e g o r y D e p a r t m e n t T r a n c h e A n t i c i p a t e d  En d  Da t e  ↑ Co u n t %  Count $ Budget $ Encumbered $ Spent % Spent $ Available Pl a n n i n g # 5  FL A M I N G O  YO U T H  CE N T E R  FA C I L I T Y    Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 , 2 0 3 ‐21 ‐20 2 4  b 1                1%250,000             167,701                30,080             0.05%52,218              Pl a n n i n g # 3 6  WA S H I N G T O N  AV E .  CO R R I D O R              In f r a s t r u c t u r e E c o n o m i c  De v e l o p m e n t 1 , 2 0 7 ‐01 ‐20 2 4  b 1                1%397,616              ‐                        213,740           0.35%183,876            Pl a n n i n g # 1    72  ST .  CO M M U N I T Y  CO M P L E X              Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 , 2 0 8 ‐02 ‐20 2 7 1                1%10,800,000         ‐                        2,266,841       3.75%8,533,158        Pl a n n i n g # 4 6  OC E A N  RE S C U E  NO B E  FA C I L I T Y          Pu b l i c  Sa f e t y C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 , 2 0 9 ‐07 ‐20 2 8 1                1%1,000,000           ‐                        15,658             0.03%984,342            Pl a n n i n g # 8  LU M M U S  PA R K                                          Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 0 3 ‐07 ‐20 2 9 1                1%4,736,999          1,034,172             25,761             0.04%3,677,065        Pl a n n i n g # 3 1  OC E A N  DR I V E  CO R R I D O R                      In f r a s t r u c t u r e C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 , 2 0 6 ‐20 ‐20 2 9 1                1%1,549,000          734,064                406,500           0.67%408,436            Pl a n n i n g  Su m 36            41%$18,733,615 $1,935,937 $2,958,580 5% $13,839,095 Pl a n n i n g  Co u n t 6                7%6                         6                             6                       0.00% 6                        Pe n d i n g # 3 0  SK A T E  PA R K                                          Pa r k s P a r k s  & Re c r e a t i o n 1 1 0 ‐30 ‐20 2 5 1                1%750,000             49,708                   39,726             0.07%660,565            Pe n d i n g # 1 3  NO R T H  SH O R E  PA T H  & FI E L D S            Pa r k s C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 , 2 ( b l a n k ) 1                1%1,409,000           ‐                         ‐                   0.00%1,408,999        Pe n d i n g # 2 9  WE S T  LO T S  ‐   TR A N C H E  1 P a r k s E c o n o m i c  De v e l o p m e n t 1 ( b l a n k ) 1                1%1,000,000           ‐                         ‐                   0.00%1,000,000        Pe n d i n g # 1 8  SC O T T  RA K O W  IC E  RI N K  FL O O R S P a r k s P a r k s  & Re c r e a t i o n 1 ( b l a n k ) 1                1%413,640              ‐                         ‐                   0.00%413,640            Pe n d i n g # 5 2  FL A .  PA R K  LE D  LI G H T I N G  ‐   FI E L D S P u b l i c  Sa f e t y C a p i t a l  Im p r o v e m e n t  Pr o j e c t s 1 ( b l a n k ) 1                1%1,655,856           ‐                         ‐                   0.00%1,655,856        Pe n d i n g  Su m 35            40%$5,228,496 $49,708 $39,726 0% $5,139,060 Pe n d i n g  Co u n t 5                6%5                         5                             5                       0.00% 5                        88            100% $151,138,947 $38,352,309 $60,525,397 100% $52,261,182 CI T Y  OF  MI A M I  BE A C H 9/15/2023  ‐ 5:16  PM www.GOMBInfo.com Bold 2023 CONSTRUCTION COMMENCEMENTS $25.6 Million Total GOB Budget First Quarter -Collins /Wash Ave Cameras Second Quarter -Maurice Gibb Park -Bollards -Above Ground Improv. (Indian Creek) Third Quarter -Bayshore Park Fourth Quarter -Police HQ. (RTCC)? -Soundscape Storage? -23 St. Streetscape -Pedestrian Bridge Bold Text Indicates Projects have Commenced in Calendar Year Moved to Q1 2024 Moved to Q1 2024 EXHIBIT C www.GOMBInfo.com Bold 2024 CONSTRUCTION COMMENCEMENTS $46.1 Million Total GOB Budget First Quarter -N. Shore Playground -Flamingo Park Lodge? -23rd Streetscape -Pedestrian Bridge Second Quarter -Fire Station 1 -Flamingo Park Butterfly Garden? -Chase Ave Shared Use Path? -Bayshore Traffic Calming? Third Quarter -Street Lighting? -Normandy Isle Traffic Calming? -N. Shore Playground Fourth Quarter -Flamingo Park Softball Field? -Marine Patrol Facility? -MSD Park Lighting? www.GOMBInfo.com REPLACE 2018 G.O. BOND ACCRUED INTEREST TO DATE Category Available (06/30/2023) Transfers Pledged Currently Available Infrastructure 1,298,673 - 1,298,673 Parks 4,466,106 (4,466,106) 1 - - Public Safety 1,746,058 (1,746,058) 2 - - TOTAL 7,510,837 (6,212,164) - 1,298,673 1 Transfer to #15 - Par 3/Bayshore Park 2 Transfer to #45 - Fire Station 1 EXHIBIT D 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 Manager DATE: September 13, 2023 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE NINTH 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 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. Ninth Amendment to the FY 2023 Capital Budget September 13, 2023 Page 2 of 5 The Second 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. 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. The Seventh Amendment to the FY 2023 Capital Budget was adopted on June 28, 2023 by Resolution No. 2023-32668. The Eighth Amendment to the FY 2023 Capital Budget was adopted on July 26, 2023 by Resolution No. 2023-32713. NINTH AMENDMENT TO THE FY 2023 CAPITAL BUDGET FIRE STATION 1 The scope of this project involves the replacement of the deteriorated Fire Station #1 facility with a new and larger building in a location that expands emergency coverage in South Beach. On January 15, 2020, pursuant to Request for Qualifications (RFQ) No. 2019-370-ND, the Mayor and City Commission adopted Resolution No. 2020-31112 approving and authorizing the Mayor and City Clerk to execute an agreement with Kaufman Lynn Construction, Inc. (Kaufman Lynn) as Construction Manager at Risk, for the construction of the new Fire Station #1 Facility to be located at the South Shore Community Center, 833 6th Street, in the Flamingo Park Neighborhood (Fire Station). Construction at this location requires the demolition of the existing South Shore Community Center which currently houses the Rainbow Intergenerational Learning Center (Rainbow Learning Center or Daycare). On March 15, 2023, the Mayor and City Commission adopted Resolution No. 2023- 32519, authorizing the Mayor and City Clerk to execute Amendment 1 to the agreement with Kaufman Lynn for preconstruction services to include the relocation of the Daycare currently located at the Fire Station site, to the temporary location in Flamingo Park Amendment No. 1 also included additional preconstruction services to incorporate the structural and electrical infrastructure to support the Apollo Mural’s installation on the facade of the Fire Station. Ninth Amendment to the FY 2023 Capital Budget September 13, 2023 Page 3 of 5 In April 2023, the Mayor and City Commission adopted Resolution No. 2023-32520, to amend the agreement with the Architectural and Engineering consultant Wannemacher Jensen Architects, Inc. (WJA) to include additional Architectural and Engineering services for the structural and electrical infrastructure required to accommodate the future installation of the 92’ wide by 17’ high Apollo Mural by artist Jack Stewart. The Apollo Mural was donated to the City by a developer as a condition to Historic Preservation Board (HPB) approval of their request for modifications to their private development project and the inclusion of the mural in the Fire Station project was championed by Commissioner Fernandez. The design depicting the apollo Mural on the façade of the Fire Station was approved by the HPB during the July 2023 meeting. On August 7, 2023, Kaufman Lynn submitted the first draft of the Guaranteed Maximum Price (GMP) proposal for the construction of the Fire Station, the Daycare facility and the Mural infrastructure. Following several negotiation sessions, discussions, and evaluation of value-engineering options, Kaufman Lynn submitted the final negotiated GMP. The proposal for the Fire Station exceeds the independent estimate of probable construction cost submitted by WJA, which does not include the Daycare Facility or the Apollo Mural infrastructure. The GMP proposal submitted by Kaufman Lynn is the result of competitive bids from sub- contractors and vendors. Kaufman Lynn cites local trends in inflation, projected cost escalation, changes in the design required for HPB approval, and structural and site design requirements specific to the locality, as triggers for observed increase in construction cost. Changes in the scope of work include historical elements from the SSCC retained and incorporated or duplicated as a part of the new facility, additional work in the right of way to include improvements on Meridian Avenue, 6th Street and Jefferson Avenue to harmonize with existing conditions, and improvements along property lines to the north of the site to harmonize with neighboring properties. Considering the volatility of the construction industry, the Administration finds that the final GMP is competitive, fair and reasonable for the construction of the Fire Station Project, the Daycare Facility and the structural and electrical infrastructure for the future installation of the Mural. As a result of these cost escalations and scope changes, additional funding, in the amount of $5,048,546, is needed to fully fund this project. Of this total: i. $3,783,616 is due to increased costs for materials and labor for the fire station, including electrical and concrete materials. ii. $753,633 reflects increased costs related to the daycare component of this project for the inclusion of utility (sanitary and electrical) improvements, as well as increases in the modular structures due to design and architectural improvements required by the HPB and the metal canopy extensions requested by the HPB. iii. $511,297 will be used for the infrastructure for the future installation of the Apollo Mural. Although negotiations are still ongoing, it is expected that the cost of Apollo Mural will be reimbursed by the developer. Ninth Amendment to the FY 2023 Capital Budget September 13, 2023 Page 4 of 5 In order to close this budget gap, the Administration recommends the following funding strategy:  Release Capital Reserve funds from an existing project in order to make these funds available to close the budget gap in the Fire Station project (Capital Reserve funds are restricted to fund budget gaps in existing projects )  Replace funding in the project noted above with another available funding source in order to leave this project fully funded  Use Capital Reserve funds released above to fund budget gap in Fire Station #1 project The Administration recommends executing this strategy, as further detailed below. 1. GO #45: Fire Station #1 aka Fire Station #1: New Facility Funding, in the amount of $1,746,058, for this proposed amendment would come from interest income that has accrued in the 2019 G.O. Bond Public Safety fund (Fund 392) for the G.O. Bond-funded portion of this project (28319). The remaining $3,302,488 of funding would come from the Capital Reserve fund (Fund 304) based on the funding that would become available as a result of item #2 recommended below. Prior Years’ Appropriations (28319) $4,000,000 2019 G.O. Bond Public Safety fund (Fund 392) 1,746,058 Proposed Total Appropriation $5,746,058 Prior Years’ Appropriations (22822) $4,300,000 Capital Reserve fund (Fund 304) 3,302,488 Proposed Total Appropriation $7,602,488 2. GO #15: Par 3/Bayshore Park Funding for this proposed amendment, in the amount of $4,466,105, would be returned to the Capital Reserve (Fund 304) previously appropriated to this project (26270). Simultaneously, funding in the amount of $4,466,105, would be appropriated to this project from interest income that has accrued in the G.O. Bond Parks (Fund 391) for the G.O. Bond-funded portion of this project (26319). This will leave the Bayshore Park project fully funded. Ninth Amendment to the FY 2023 Capital Budget September 13, 2023 Page 5 of 5 Prior Years’ Appropriations (26270 & 26319) $42,790,190 Capital Reserve fund (Fund 304) (26270) (4,466,105) 2019 G.O. Bond Parks fund (Fund 391) (26319) 4,466,105 Proposed Total Appropriation $42,790,190 ATH/JDG/TOS Page 1 of 1 City of Miami Beach, 1700 Convention Center Drive, Miami Beach, FL 33139 Tel. 305-673-7010 Fax: 305-673-7782 Office of the City Manager MEMORANDUM TO: Karen Rivo, Chair, and G.O. Bond Oversight Committee, (the “Committee”) FROM: Maria Hernandez, G.O. Bond Program Director DATE: September 21, 2023 SUBJECT: GO #40 – 41st Street Corridor / GO #31 – Ocean Drive Corridor GOB PROJECT FUNDS TRANSFER & SCOPE CHANGE PROTOCOL •Protocol #11: Funding Swap Between 2 or more Tranche 1 projects within the same Category. BACKGROUND GO #40 – 41st Street Corridor The total GOB budget for this project is $15,000,000, with $2,080,318 previously allocated in tranche 1 and the remainder in tranche 2. Of the total tranche 1 budget, $976,500 has been spent to date, and $1,230,594 is currently encumbered for design services. The project is currently progressing towards the 60% design phase, and is in need of advance funding (tranche 2), in the amount of $451,000, for services required through April/May 2024 as follows: constructability reviews, public information (PIO), permitting fees and CIP management fees. GO #31 – Ocean Drive Corridor The total GOB budget for this project is $20,000,000, with $2,000,000 previously allocated in tranche 1 and the remainder in tranche 2. The City has recently issued a purchase order to the design firm for services required through 12/2024, and issuance of tranche 2 for the Infrastructure Category is expected to occur prior to that. A balance of $408,000 remains unencumbered in tranche 1. On July 26, 2023, the City Commission adopted the eighth amendment to the Capital Budget, which included the re-alignment of $451,000 available from the Ocean Drive Corridor Project (GO#31) to the 41st Street Corridor Project (GO#40) to allow the project to continue without delays. The project schedule for GO #31 Ocean Drive Corridor will not be affected by this proposed funding swap. The revised distribution of funding between Tranches is as follows: Tranche 1 Budget Funding Swap Tranche 1 Amended Budget Tranche 2 Budget Tranche 2 Amended Budget Total Budget #31 Ocean Drive Corridor $ 2,000,000 ($451,000) $1,549,000 $ 18,000,000 $ 18,451,000 $ 20,000,000 #40 41st Street Corridor $ 2,080,318 $ 451,000 $2,531,318 $ 12,919,682 $12,468,682 $ 15,000,000 RECOMMENDATION – PRIOR ACTION ALREADY TAKEN Per the Protocols rules, this action was taken in between Oversight Committee meetings in order to keep the 41st Street Corridor project moving forward without any delays. No further action is required from the Committee. EXHIBIT E EXHIBIT F www.GOMBInfo.com G.O. BOND FOR ARTS & CULTURE PROGRAM UPDATE September 21, 2023 EXHIBIT G www.GOMBInfo.com July 26 Commission Meeting -APPROVED •Amendment No. 1 to Grant Agreement Template for Funding Advances •8th Amendment to Capital Budget for Appropriation of Tranche 1 Funding www.GOMBInfo.com Upcoming Commission Meeting –Sept. 27 Commission •Aquatic Sculpture Park (Reefline) Grant Agreement •Artificial Reef Agreement with Miami-Dade County September 13 Commission Meeting –APPROVED •Miami Beach Classical Music Festival Agreement www.GOMBInfo.com Bond Issuance Next Steps / Milestones MAY 17 Commission First Public Hearing to Adopt Bond Sale Resolution May June July August Sept Oct JUNE 28 Commission Second Public Hearing to Adopt Bond Sale Resolution JULY 25 Bond Closing JULY 26 -Budget Amendment for Appropriation of Tranche 1 Funds -Grant Amendment for Advances Bond Funds Available Program Commencement SEPT 13 MB Classical Music Festival Agreement Approved SEPT 27 Aquatic Sculpture Park Agreement SEPT 27 Aquatic Sculpture Park Agreement GOBAC Website Launch G.O. BOND for ARTS and CULTURE GENERAL WORK PLAN ALL FACILITIES Total Amounts (approved July 2022) Grants Approved Overall Project Status 1 Bass Museum of Art 20,100,000$ -$ Fire Alarm, AV and Electronic Shades Scopes in Process. Project Scope for the addition will commence in October. 2 Miami City Ballet 12,000,000$ 7,518,000$ MCB has conducted an RFP for a Design Consultant. Grant Agreement is pending execution. 3 Workforce Housing (Miami City Ballet)4,000,000$ 4,000,000$ Grant Agreement in Process. Construction has commenced. 4 Fillmore Miami Beach (Jackie Gleason Theater)29,100,000$ -$ Path Forward discussion with Live Nation is Pending. 5 Colony Theater 7,480,000$ 2,594,000$ Grant Agreement and Amendment 1 complete and cash advance Paid. Scope Development Meeting being scheduled this month. 6 Miami Beach Botanical Garden 6,270,000$ -$ Project will commence in October. 7 Art Deco Welcome Center 1,420,000$ -$ Project in process. 8 New World Symphony 5,700,000$ 5,700,000$ Grant Agreement in Process. Reimbursement Requests No. 1 and No. 2 submitted. 9 Holocaust Memorial Miami Beach 7,150,000$ 7,150,000$ Grant Agreement in Process. 10 Byron Carlyle Theater 30,570,000$ -$ Internal Stakeholder meetings taking place with City consultant. 11 North Beach Oceanfront Center (UNIDAD)1,183,000$ -$ Project Design consultant kick-off meeting scheduled. 12 MB Hispanic Community Center (Coral Rock House)767,000$ 767,000$ Grant Agreement and Amendment 1 in Process. 13 Collins Park Cultural Center (Miami New Drama)7,670,000$ -$ MND responsible for Design. Meetings to be scheduled. 14 Miami Beach Bandshell 3,770,000$ 153,000$ Grant Agreement in Process. Project Commencing in October. 15 The Wolfsonian - FIU 5,000,000$ 5,000,000$ Grant Agreement in Process. 16 The Jewish Museum of Florida - FIU 750,000$ 750,000$ Grant Agreement in Process. All Cultural Institutions Total 142,930,000$ 33,632,000$ OTHER PROJECTS / ENHANCEMENTS Total Amounts (approved July 2022) Grants and Other Agreements Overall Project Status 17 Artistic Playgrounds 3,835,000$ -$ North Shore Playground in process. 18 Aquatic Sculpture Park 5,000,000$ 5,000,000$ Agreement between City and Miami-Dade County in Process. 19 Misc. A & C: Collins Park Rotunda 1,500,000$ -$ Project in process. 20 Misc. A & C: MB Classical Music Festival 1,500,000$ 1,500,000$ Loan concept approved by Commission. Loan Agreement forthcoming. 21 Workforce Housing for Cultural Institutions 4,000,000$ Tranche 2 Project Other Projects Total 15,835,000$ 6,500,000$ TOTAL 158,765,000$ 40,132,000$ 25% GRAND TOTAL (Rounded Up)$159,000,000 Legend Notes: Red indicates in Process. Pending Commission action. Indicates Not Applicable Updated 9/18/2023 NEWS ANNOUCEMENTS EXHIBIT H MEETINGS Past: Upcoming: