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Resolution 2023-32861RESOLUTION NO: 2023-32861 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 2024 AS SET FORTH IN ATTACHMENTS A, "PROJECTS"; B, "SOURCE OF FUNDS"; AND C "PROGRAMS." WHEREAS, on September 27, 2023, the final Capital Improvement Plan (CIP) for Fiscal Years 2024 — 2028 and the final Capital Budget for FY 2024 was adopted via Resolution No. 2023-32788; and WHEREAS, it is recommended by the Administration that the FY 2024 Capital Budget be amended to increase appropriations by $93,900 as highlighted in Attachments A, "Projects"; B, "Source of Funds"; and C, "Programs" and to re -appropriate $401,497 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 December 13, 2023, the Mayor and City Commission hereby adopt the First Amendment to the Capital Budget for Fiscal Year 2024 as set forth in Attachments A, "Projects"; B, "Source of Funds"; and C, "Programs." PASSED AND ADOPTED this 13th day of December 2023. ATTEST: DEC 19 2023 v n einer, Mayor Rafael E. Granado, City Clerk APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION NCORP ORATEO ' City Attomey P A Date ATTACHMENT CAPITAL PROJECTS AMENDED 12/13/2023 Adopted Capital Project Name FY 2024 Amended Revised Capital. Capital Budget 12/13/2023 Budget Marine Patrol Dock Improvements (Project # 21025) - 93,900.00 93,900.00 GO#24 - Middle Beach Beachwalk (Project # 26819-22619) 4,500,000.00 (75,497.00) 4,424,503.00 GO#19 - Soundscape Park (Project # 26619-29919) 4,500,000.00 75,497.00 4,575,497.00 Bass Museum Fire Alarm Replacement (Project # 65923) 276,000.00 (276,000.00) - Bass Museum Window Replacement (Project # 64221) 169,210.00 276,000.00 445,210.00 41st Street Bridge Repairs (Project # 61719) 440,000.00 (50,000.00) 390,000.00 41st Street Fountain Restoration (Project # 61919) 122,000.00 50,000.00 172,000.00 Note: (i) $75,497 of funding from the Middle Beach Beachwalk project will be transferred to the Soundscape Park project (ii) $276,000 of funding from the Bass Museum Fire Alarm Replacement project will be transferred to the Bass Museum. Window Replacement project (iii) $60,000 of funding from the 41 st Street Bridge Repairs project will be transferred to the 41 st Street Fountain Restoration project CAPITALATTACHMENT B • OF AMENDED 12/13/2023 Adopted. Funding. Source FY 2024 Capital Budget Amended 12/13@023 Revised Capital Budget Transportation Fund $ 13,129,163.00 - $ 13,129,163.00. Resiliency Fund 5,000,000.00 - 5,000,000.00. Capital Renewal & Replacement 2,025,000.00 - 2,025,000.00 7th Street Garage 1,861,600.00 - 1,861,500.00 Pay As You Go - Capital Fund 24,637,614.00 - 24,637,614.00. Resort Tax - South Beach 1,975,427.00 - 1,975,427.00 Resort Tax - Mid Beach 1,906,000.00 93,900.00 1,999,900.00 Resort Tax - North Beach 2,020,953.00 - 2,020,953.00 City Center RDA Capital Fund 1,581,342.00 - 1,581,342.00 . Building Operations 650,000.00 - 650,000.00 : Water & Sewer Projects funded from Operations 25,069,084.00 - 25,069,084.00 2017 Water &Sewer Bonds 3,505,978.00 - 3,505,978.00 Water & Sewer Bond Series 2010 705.00 - 705.00 Water & Sewer Impact Fees 111,229.00 - 111,229.00 2016 Storm Water Bonds 795,436.00 - 795,436.00 Storm Water Capital not. Bonds 18,869,061.00 - 18,869,061.00 Sanitation Enterprise Fund 100,000.00 - 100,000.00. Convention Center Operating Fund 3,066,286.00 - 3,066,286.00 Convention Center Renewal & Replacement 4,713,617.00 - 4,713,617.00 RDA Garages 764,608.00 - 764,608.00 2016 Parking Revenue Bonds 946,897.00 - 946,897.00 Parking Capital not Bonds 1,584,301.00 - 1,584,301.00 Fleet Management 1,377,241.00 - 1,377,241.00 Property Management 25,760.00 - 25,760.00 Note: (i) $75,497 of funding from the Middle Beach Beachwalk project will be transferred to the Soundscape Park project (ii) $276,000 of funding from the Bass Museum Fire Alarm Replacement project will be transferred to the Bass Museum Window Replacement project (Iii) $50,000 of funding from the 41st Street Bridge Repairs project will be transferred to the 41st Street Fountain Restoration project C CAPITALATTACHMENT PROGRAMS Adopted Amended Revised Capital Program Area FY 2024 12/13/2023 Budget Capital Budget Bridges $ (946,210.00) (50,000.00) $ (996,210:00) Convention Center 3,774,800.00 - 3,774,800.00 Environmental 3,270,191.00 - 3,270,191.00 Equipment 2;842,241.00 2,842,241.00 General Public Buildings 7,912,600.00 93,900.00 8,006,500.00 Golf Courses 11090,000.00 - 1,090,000.00 Parking 1,379,301.00 - 1,379,301.00_ Parking Garages 2,531,108.00 - 2,531,108.00 Parking Lots 300,000.00 - 300,000.00 Parks 2,216,889.00 - 2,216,889.00 Renewal & Replacement 15,899,742.00 50,000.00 15,949,742.00 Seawalls 1,496,777.00 - 1,496,777.00 Streets/Sidewalks/Streetscapes Improvements 24,265,943.00 - 24,265,943.00 Street Lighting 400,000.00 - 400,000.00 Transit/ Transportation 17,954,290.00 - 17,954,290.00 utilities 31,329,530.00 - . 31,329,530.60 Note: (i) $75,497 of funding from the Middle Beach Beachwalk project will be transferred to the Soundscape Park project (ii) $276,000 of funding from the Bass Museum Fire Alarm Replacement project will be transferred to the Bass Museum Window Replacement project (iii) $50,000 of funding from the 41st Street Bridge Repairs project will be transferred to the 41st Street_ Fountain Restoration project Resolutions - R7 B MIAMIBEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Alina T. Hudak, City Manager DATE: December 13, 2023 1:30 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 2024 AS SET FORTH IN ATTACHMENTS A, "PROJECTS"; B, "SOURCE OF FUNDS"; AND C "PROGRAMS." RECOMMENDATION See attached memorandum. 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 Yes Strategic Connection Organizational Innovation- Ensure strong fiscal stewardship. Legislative Tracking Office of Management and Budget ATTACHMENTS: • Description ❑ Memo - 1st Amendment to the FY 2024 Capital Budget Page 707 of 1118 MIAMI BEACH City of Miami Beach, 1700 Convention Center Drive; Miami Beach, Florida 33139, www.miamibeachfl.gov COMMISSION MEMORANDUM TO: Honorable Mayor Steven Meiner and Members of the City Commission FROM: Alina T. Hudak, City Manager DATE: December 13, 2023 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 2024 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) 2024 — 2028 Capital Improvement Plan and FY 2024 Capital Budget was adopted on September 27, 2023 by Resolution No. 2023-32788. Page 708 of 1118 First Amendment to the FY 2024 Capital Budget December 13, 2023 Page 2 of 3 FIRST AMENDMENT TO THE FY 2024 CAPITAL BUDGET The First Amendment to the FY 2024 Capital Budget reflects an overall increase of $93,900 and a re -alignment of $401,497 for the following capital projects: 1. Marine Patrol Dock Improvements (#21025): The scope of this project includes design and construction services for the improvement of the existing marine patrol dock at Maurice Gibb Park. The dock will be renovated, or replaced, to accommodate additional Police boats, and the docking of two fire boats. The City applied for the Florida Inland Navigation District (FIND) Waterways Assistance Program grant in early 2023, to cover the design cost of the project. Project funding is currently programmed on the City's Capital Improvement Plan for FY 2025. In order to execute the FIND grant, however, it is necessary to have the grant funding match available in FY 2024. Funding for this proposed amendment, in the amount of $93,900, would come from Middle Beach Quality of Life (Fund 306) fund balance. These funds are derived from the 1% Resort Tax revenues and are restricted to be used for tourism related capital projects within the corresponding neighborhood location. Prior Years' Appropriations $0 December 13, 2023 Capital Budget Amendment 93,900 Proposed Total Appropriation $93,900 2. Soundscape Park (GO#19 - #26619): The scope of this project allows for the enhancement of this local arts and culture facility with upgraded WALLCAST technology and equipment; installation of a custom 4K ultra -high definition display system; and construction of a permanent restroom and storage facility. As a result of the contractor's proposal received for the storage sub -project #29919, additional funding in the amount of $75,497 is needed. At the October 26, 2023 General Obligation Bond (GOB) Committee meeting, the Committee approved a motion to transfer savings realized in the GO#24 Middle Beach Beachwalk (#26819) project to fund this shortfall. Funding for this proposed amendment, in the amount of $75,497, would come from 2019 GOB - Parks (Fund 391) funds previously appropriated to the GO#24 Middle Beach Beachwalk project. Prior Years' Appropriations $4,500,000 December 13, 2023 Capital Budget Amendment 75,497 Proposed Total Appropriation $4,575,497 3. Bass Museum Window Replacement (#64221): The scope of this project allows for the installation, of impact windows at the Bass Museum. The project will maintain safety requirements and structural integrity and ensure the safety of the staff, -public, and museum contents. Page 709 of 1118 First Amendment to the FY 2024 Capital Budget December 13, 2023 Page 3 of 3 As a result of increases in material and labor costs, additional funding, in the amount of $276,000 is required to fully fund this project. In addition, the Building Department has identified some structural details that require immediate attention to ensure compliance with the Florida Building Code (FBC) and to increase the retrofit's durability while safeguarding public safety. Funding for this amendment, in the amount of $276,000, would come from South Beach Quality of Life (Fund 305) funds previously appropriated to the Bass Museum Fire Alarm Replacement project (# 65923), which will be executed as part of the GOB for Arts & Culture Bass Museum project (# 22124). Prior Years' Appropriations $169,210 July 26, 2023 Capital Budget Amendment 276,000 Proposed Total Appropriation $"5,210 4. 4111 Street Fountain Restoration (#61919): The scope of this project entails the complete restoration of this fountain. As a result of the contractor's proposal received, additional funding, in the amount of $50,000 is required to fully fund this project. Funding for this amendment, in the amount of $50,000, would come from Middle Beach Quality of Life (Fund 306) funds previously appropriated to the 41 sc Street Bridges Repair project (# 61719), which will be on hold until the Florida Department of Transportation (FDOT) completes their portion of the bridge repairs. Prior Years' Appropriations $122,000 July 26, 2023 Capital Budget Amendment 50,000 Proposed Total Appropriation $172,000 ATH/JDG/TOS Page 710 of 1118