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Resolution 2024-33098 RESOLUTION NO. 2024-33098 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE, AT ITS OCTOBER 16, 2023 MEETING, TO DIRECT THE CITY ADMINISTRATION TO INCLUDE FUNDING IN THE FY 2025 CAPITAL IMPROVEMENT PROJECTS BUDGETARY PROCESS FOR THE DESIGN AND PERMITTING WORK FOR A NEW ICONIC ENTRANCE SIGN ALONG THE WEST ENTRANCE OF THE VENETIAN CAUSEWAY, CURRENTLY ESTIMATED TO BE IN THE AMOUNT OF $100,000.00. WHEREAS, at the July 26, 2023 City Commission meeting, the Commission adopted a referral by then Vice-Mayor Ricky Arriola (item C4 S) to the Finance and Economic Resiliency Committee (FERC) to discuss funding an iconic entrance sign for the Venetian Causeway; and WHEREAS, on October 16, 2023, the members of FERC unanimously recommended that the item be heard by the full City Commission with a favorable recommendation for the City Administration to simultaneously include funding for the design of an iconic entrance sign at the Venetian Causeway as part of the FY 2025 Capital budgeting process; and WHEREAS, as part of the FY2025 Capital Improvement Plan, the Facilities Management Division of the City's Facilities and Fleet Management Department has requested funding, in the amount of One Hundred Thousand Dollars ($100,000.00), reflecting the estimated costs associated with the design and permitting work for a new iconic entrance sign, to be located in the existing swale area on the southwest corner of the Venetian Causeway Park. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby accept the recommendation of the Finance and Economic Resiliency Committee, at its October 16, 2023 meeting,to direct the City Administration to include funding in the FY2025 capital improvement projects budgetary process for the design and permitting work for a new iconic entrance sign along the west entrance of the Venetian Causeway, currently estimated to be in the amount of$100,000.00. PASSED AND ADOPTED this 26th day of June 2024. ATTEST: • '• } . JUL — 3 e02 Rafael . Granado, City Clerk Steven Meiner, Mayor APPROI/ED AS TO .t FORM.Sr LANGUAGE 1INCORP GRATED, OR EXECUTION 4%1, aw Ce Attorney it ®ate Resolutions -C7 N MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Rickelle Williams, Interim City Manager DATE: June 26, 2024 TITLE: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE, AT ITS OCTOBER 16, 2023 MEETING, TO DIRECT THE CITY ADMINISTRATION TO INCLUDE FUNDING IN THE FY 2025 CAPITAL IMPROVEMENT PROJECTS BUDGETARY PROCESS FOR THE DESIGN AND PERMITTING WORK FOR A NEW ICONIC ENTRANCE SIGN ALONG THE WEST ENTRANCE OF THE VENETIAN CAUSEWAY, CURRENTLY ESTIMATED TO BE IN THE AMOUNT OF$100,000.00. RECOMMENDATION It is recommended that the Mayor and City Commission approve the Resolution. BACKGROUND/HISTORY On July 26, 2023, the Mayor and City Commission adopted a referral by then Vice-Mayor Ricky Arriola(item C4 S)to the Finance and Economic Resiliency Committee(FERC)to discuss funding an iconic entrance sign for the Venetian Causeway. On October 16, 2023, the members of the Finance and Economic Resiliency Committee unanimously recommended this item be heard at City Commission, recommending funding in the amount of one hundred thousand dollars($100,000.00)for an iconic entrance sign at the Venetian Causeway as part of the FY 2025 Capital budgeting process. During a recent analysis of FERC budget recommendations, it was identified that this is one of the items that should be brought to Commission for acceptance of the recommendation. ANALYSIS The Facilities Management Division has included a request for one hundred thousand dollars ($100,000.00)as part of the FY 2025 Capital Improvement Plan budget process. This represents the estimated costs associated with the design and permitting work for a new iconic entrance sign, to be located in the existing swale 'area on the southwest corner of Venetian Causeway Park. FISCAL IMPACT STATEMENT The fiscal impact for the design and permitting of a new iconic entrance to be located at the southwest corner of Venetian Causeway Park is $100,000.00. FINANCIAL INFORMATION Funding for this request is being considered for the FY 2025 capital budget. CONCLUSION Page 492 of 1862 Based on the foregoing, the Administration recommends the Mayor and City Commission adopt the resolution to include funding as part of the FY 2025 budget in the amount of one hundred thousand dollars ($100,000.00)for an iconic entrance sign at the Venetian Causeway. Applicable Area Middle Beach Is this a "Residents Right to Know" item, Is this item related to a G.O. Bond pursuant to City Code Section 2-17?, Project? Yes No Was this 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 the name of lobbyist(s)and principal(s): Department Facilities and Fleet Management Sponsor(s) Co-sponsor(s) • Page 493 of 1862