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Resolution 2024-32902 RESOLUTION NO.i 2024-32902 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE SECOND 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, on December 13, 2023, the First Amendment to the Capital Budget for FY 2024 was adopted via Resolution No. 2023-32861; and WHEREAS, it is recommended by the Administration.that the FY 2024 Capital Budget be amended to increase appropriations by $860,956.00 as highlighted in Attachments A, "Projects"; B, "Source of Funds"; and C, "Programs" and to re-appropriate $50,000.00 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 January 31, 2024, the Mayor and City Commission hereby adopt the Second 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 31st day of January 2024. ATTEST: FEB 0 6 2024 Steven Meiner, Mayor APPROVED AS TO Rafael E. Granado, City Clerk FORM&LANGUAGE g &FOR EXECUTION !--4,941e,s s INtOKP OKAYED; '; I-23- - t#1;, _ .;Nt! City Attorney PiN-Z Date ATTACHMENT A FY 2024 CAPITAL BUDGET PROJECTS AMENDED 1/31/2024 Amended Revised Capital Capital Project Name FY 2024 Amended 1/31/2024 Capital Budget Budget NSPYC(North Shore Park Youth Center)Restrooms(Project# 1,713,000.00 487,956.00 2,200,956.00 28600) 1755 Meridian Garage Floor Drainage(Project#61917) 200,000.00 (50,000.00) 150,000.00 1755 Meridian Ave Garage Elevator(Project#64824) 47,000.00 50,000.00 97,000.00 Fire Station 1 -New Facility(Apollo Mural)(Project#22822) 10,053,088.00 373,000.00 10,426,088.00 Total $ 12,013,088.00 $ 860,956.00 $ 12,874,044.00 Note: (i)$50,000.00 of funding from the 1755 Meridian Garage Floor Drainage project will be transferred-to the 1755 Meridian Avenue Garage Elevator project ATTACHMENT B FY 2024 CAPITAL BUDGET SOURCE OF FUNDS AMENDED 1/31/2024 Amended Amended Funding Source FY 2024 Revised Capital Budget Capital Budget 1/31/2024 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 1,861,500.00 - 1,861,500.00 Capital Projects Financed By Other Funds - 850,582.00 850,582.00 Pay As You Go-Capital Fund 24,637,614.00 - 24,637,614.00 Capital Reserve - 10,374.00 10,374.00 Resort Tax-South Beach 1,975,427.00 - 1,975,427.00 Resort Tax-Mid Beach 1,999,900.00 - 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 2017 Storm Water Bonds - . - - 2015 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 2015 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 Total Appropriation as of 1/31/2024 $ 115,811,102.00 $ 860,956.00 $ 116,672,058.00 Note: (i)$50,000.00 of funding from the 1755 Meridian Garage Floor Drainage project will be transferred to the 1755 Meridian Avenue Garage Elevator project ATTACHMENT C FY 2024 CAPITAL BUDGET , __ PROGRAMS Amended Amended Revised Capital Program Area FY 2024 Capital Budget 1/31/2024 Budget Bridges $ (996,210.00) - $ (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 8,006,500.00 860,956.00 8,867,456.00 Golf Courses 1,090,000.00 - 1,090,000.00 Parking 1,379,301.00 50,000.00 1,429,301.00 Parking Garages 2,531,108.00 (50,000.00) 2,481,108.00 Parking Lots 300,000.00 - 300,000.00 Parks 2,216,889.00 - 2,216,889.00 Renewal&Replacement 15,949,742.00 - 15,949,742.00 Seawalls 1,496,777.00 - 1,496,777.00 Streets/Sidewalks/Streetscapes Improvements 24,265,943.00 (793,747.07) 23,472,195.93 Street Lighting 400,000.00 - 400,000.00 Transit/Transportation 17,954,290.00 - 17,954,290.00 Utilities 31,329,530.00 793,747.07 32,123,277.07 Total Appropriation as of 1/31/2024 $ 115,811,102.00 $ 860,956.00 $ 116,672,058.00 Note: (i)$50,000.00 of funding from the 1755 Meridian Garage Floor Drainage project will be transferred to the 1755 Meridian Avenue Garage Elevator project Resolutions-R7 A MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Alina T. Hudak, City Manager DATE: January 31, 2024 1:30 p.m. Public Hearing SUBJECT:A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA,ADOPTING THE SECOND 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. No Strategic Connection Organizational Innovation- Ensure strong fiscal stewardship. Legislative Trackino Office of Management and Budget ATTACHMENTS: Description D MEMO -2nd Amendment to the FY 2024 Capital Budget Page 1453 of 2002 ❑ Resolution Page 1454 of 2002 AI A ,^ '1 RAC I 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: January 31, 2024 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE SECOND 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 ("Fr) 2024 — 2028 Capital Improvement Plan and FY 2024 Capital Budget was adopted on September 27, 2023 by Resolution No. 2023-32788. The First Amendment to the FY 2024 Capital Budget was adopted on December 13, 2023 by Resolution No. 2023-32861. Page 1455 of 2002 Second Amendment to the FY 2024 Capital Budget January 31, 2024 Page 2 of 3 SECOND AMENDMENT TO THE FY 2024 CAPITAL BUDGET The Second Amendment to the FY 2024 Capital Budget reflects an overall increase of $860,956.00 and a re-alignment of$50,000.00 for the following capital projects: 1. North Shore Park Youth Center Restrooms (#28600): The scope of this project includes the construction of restroom facilities for general park users within the area of the fields of the North Shore Youth Center. As a result of the contractor's proposal received for construction, additional funding, in the amount of$487,956.00 is required to fully fund this project. The execution of this project is complicated due to a very restrictive site access, and a jobsite location which is adjacent to an open and active tennis center and neighborhood park. These factors make equipment and material deliveries, as well as trash removal, difficult. Funding for this proposed amendment, in the amount of $487,956.00, would come from the Capital Reserve (Fund 304) fund balance. These funds exist in order to ensure adequate funding related to previously approved capital projects for expenditures due to bids that are over budget, change orders, or other unforeseen items for General Fund projects. Prior Years'Appropriations $1,713,000.00 January 31, 2024 Capital Budget Amendment 487,956.00 Proposed Total Appropriation $2,200,956.00 2. 1755 Meridian Avenue Garage Elevator(#64824): The scope of this project includes the replacement of the elevator floors at this garage. Upon removing the elevator floor, the contractor discovered that the existing elevator subfloor is in poor condition and cannot be reused. The subfloor replacement is necessary to ensure the durability of the new floor. As a result, additional funding, in the amount of$50,000.00 is required to complete this project Funding for this amendment, in the amount of$50,000.00, would come from Parking Capital(Fund 490)funds previously appropriated to the 1755 Meridian Garage Floor Drainage project(#61917), which has been completed with savings. Prior Years'Appropriations $47,000.00 January 31, 2024 Capital Budget Amendment 50,000.00 Proposed Total Appropriation $97,000.00 3. Fire Station #1 — Apollo Mural (#22822): The scope of this project includes the replacement of the Fire Station #1 facility with a new and larger building in a location that expands emergency coverage in South Beach. The Apollo Mural was donated to the City by 3425 Collins, LLC ("Developer") as a condition for approval of their request for modifications to their private development project, by the Historic Preservation Board ("HPB"). The mural is to be installed on Page 1456 of 2002 Second Amendment to the FY 2024 Capital Budget January 31, 2024 Page 3 of 3 the new building for Fire Station No. 1. The Developer has contributed $850,582 • towards the design, engineering and construction costs for infrastructure work, pre- installation restoration costs, transportation costs, installation costs, and HPB's application fee for the mural. This payment satisfies the HPB order(File no. HPB22-0548)and is in accordance with of Resolution 2022-32230, and as per the agreed Memorandum of Understanding ("MOU"). The MOU states that the City shall hold the Developer contribution funds in a segregated City account and shall disburse the Developer contribution funds in connection with the mural costs from the City- designated account, as payments become due to the City's contractors. The 9th Capital Budget amendment for FY 2023 (Resolution 2023-32761) provided $511,297 from the.Capital Reserves Fund to cover the then estimated shortfall related to the Apollo Mural. The Developer's contribution funds cover $477,582 of this $511,297. As a result, if this budget amendment is approved, $477,582 will be de- appropriated from the Capital Reserves (Fund 304) funds to allow for funding of the mural with this new funding source. In addition, if this budget amendment is approved, the $850,582.00 contribution from the Developer will be appropriated to the project through the Capital Projects Financed by Other Funds (Fund 301). Prior Years'Appropriations $10,053,088.00 January 31, 2024 Capital Budget Amendment 373,000.00 Proposed Total Appropriation $10,426,088.00 Was agenda item initially requested by a lobbyist which, as defined in Code Sec. 2-481, includes a principal engaged in lobbying? No If so, specify name of lobbyist(s)and principal(s): N/A ATH/JDG/TOS Page 1457 of 2002