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Resolution 2024-32998 RESOLUTION NO. 2024-32998 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FIFTH 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, on January 31, 2024, the Second Amendment to the Capital Budget for FY 2024 was adopted via Resolution No. 2024-32902; and WHEREAS, on February 21, 2024, the Third Amendment to the Capital Budget for FY 2024 was adopted via Resolution No. 2024-32933; and WHEREAS, on March 13, 2024, the Fourth Amendment to the Capital Budget for FY 2024 was adopted; and WHEREAS, it is recommended by the Administration that the FY 2024 Capital Budget be amended to increase appropriations by $367,110.00 as highlighted in Attachments A, "Projects"; B, "Source of Funds"; and C, "Programs." NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that following a duly noticed public hearing on April 3, 2024, the Mayor and City Commission hereby adopt the Fifth 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 3rd day of April 2024. ATTEST: Steven Meiner, Mayor APR 0 8 2024 Rafael E. Granado, City Clerk s APPROVED AS i C 's NCORP OWED FORM &LANGUL•',A1 &FOR EXECUTION ' - f -2t City Attorney p n2. ATTACHMENT A FY 2024 CAPITAL BUDGET PROJECTS AMENDED 4/3/2024 Amended Capital Project Name FY 2024 Amended 4/3/2024 Revised Capital Capital Budget Budget Greenspace Facility Renovation(Project#20721) 656,000.00 367,110.00 1,023,110.00 Total $ 656,000.00 $ 367,110.00 $ 1,023,110.00 ATTACHMENT B FY 2024 CAPITAL BUDGET SOURCE OF FUNDS AMENDED 4/3/2024 Amended Amended Funding Source FY 2024 Revised Capital Budget Capital Budget 4/3I2024 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 24,637,614.00 367,110.00 25,004,724.00 Capital Reserve 265,374.00 - 265,374.00 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 6,530,000.00 - 6,530,000.00 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 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 4/3/2024 $ 122,807,058.00 $ 367,110.00 $ 123,174,168.00 ATTACHMENT C FY 2024 CAPITAL BUDGET PROGRAMS Amended Amended Revised Capital Program Area FY 2024 Capital Budget 4/3/2024 Budget Bridges $ (996,210.00) - $ (996,210.00) Convention Center 3,774,800.00 - 3,774,800.00 Environmental 3,670,191.00 - 3,670,191.00 Equipment 2,842,241.00 - 2,842,241.00 General Public Buildings 14,747,456.00 367,110.00 15,114,566.00 Golf Courses 1,090,000.00 - 1,090,000.00 Parking 1,429,301.00 - 1,429,301.00 Parking Garages 2,481,108.00 - 2,481,108.00 Parking Lots 300,000.00 - 300,000.00 Parks 1,816,889.00 - 1,816,889.00 Renewal&Replacement 16,204,742.00 - 16,204,742.00 Seawalls 1,496,777.00 - 1,496,777.00 Streets/Sidewalks/Streetscapes Improvements 23,221,752.77 - 23,221,752.77 Street Lighting 400,000.00 - 400,000.00 Transit/Transportation 17,954,290.00 - 17,954,290.00 Utilities 32,373,720.23 - 32,373,720.23 Total Appropriation as of 4/3/2024 $ 122,807,058.00 $ 367,110.00 $ 123,174,168.00 Resolutions-R7 B MIAMIBEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Alina T. Hudak, City Manager DATE: April 3, 2024 2:05 p.m. Public Hearing SUBJECT:A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FIFTH 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 Tracking Office of Management and.Budget ATTACHMENTS: Description © MEMO - 5th Amendment to the FY 2024 Capital Budget Page 933 of 1445 D Resolution Page 934 of 1445 MIAMI BEACH City of Miami Beach,1700 Convention Center Drive,Miami Beach,Florida 33139,www.miamibeachfl.gov C -- MMISSO --MEMORANDUM TO: Honorable Mayor Steven Meiner and Members of the City Commission FROM: Alina T. Hudak, City Manager DATE: April 3, 2024 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FIFTH 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. The First Amendment to the FY 2024 Capital Budget was adopted on December 13, 2023 by Resolution No. 2023-32861. The Second Amendment to the FY 2024 Capital Budget was adopted on January 31, 2024 by Resolution No. 2024-32902. The Third Amendment to the FY 2024 Capital Budget was adopted on February 21, 2024 by Resolution No. 2024-32933. Page 935 of 1445 Fifth Amendment to the FY 2024 Capital Budget April 3, 2024 Page 2 of 2 The Fourth Amendment to the FY 2024 Capital Budget was adopted on March 13, 2024. FIFTH AMENDMENT TO THE FY 2024 CAPITAL BUDGET The Fifth Amendment to the FY 2024 Capital Budget reflects an overall increase of$367,110.00 for the following capital project: 1. Greenspace Facility Renovation (#20721): The original purpose of this project was to renovate the Greenspace Management facility, which consists of a modular trailer. Due to the conditions of this 20-year-old structure, the need has shifted to a more permanent solution. The installation of a new modular structure on the project site necessitates the construction of a robust concrete foundation, primarily due to the low elevation and existing soil conditions. Additionally, to mitigate flood risks, excavation, backfilling of soil, and the implementation of a new drainage system are required. The project also entails extensive regrading and civil planning to accommodate a new concrete sidewalk and an ADA ramp. Lastly, the length of underground utilities exceeds initial project estimates, requiring longer service runs for piping, wiring, conduits, and other elements. As a result of the contractors' proposals received, additional funding, in the amount of$367,110.00 is required to fully fund this project. Funding for this amendment, in the amount of $367,110.00 (inclusive of an Arts In Public Places (AiPP) set-aside), would come from available Pay As You Go (Fund 302)fund balance. Prior Years' Appropriations $656,000.00 April 3, 2024 Capital Budget Amendment 367,110.00 Proposed Total Appropriation $1,023,110.00 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 936 of 1445