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R7AA-Set Public Hearing Adopt Sevenths Amendment To Capital Budget For FY 2013-1COMMISSION ITEM SUMMARY Condensed Title: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF MIAMI BEACH, FLORIDA, SETTING A PUBLIC HEARING ON SEPTEMBER 10, 2014 TO ADOPT THE SEVENTH AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR (FY\2013114, Kev lntended Outcome S Ensure Well Designed Quality Capital Projects -- lncrease Community Satisfaction with City Services Supporting Data: Based on the 2012CommunitySurvey, storm drainagewas identified as an areafor improvement, although improved from prior years; arts and culturewas one of the services identified that the city should strive not to reduce; and traffic flow, conditions of roads, and availability of public parking, were all identified as key drivers of overall satisfaction levels. Further, the following have been prioritized as key intended outcomes for the City's Strategic Plan: lncrease satisfaction with family recreational activities, lmprove Convention Center facility, Enhance mobility throughout the city, lmprove parking availability, Ensure value and timely delivery of quality capital projects, Maintain City's infrastructure, lmprove Storm drainagesystem,lmproveprocessesthroughlnformationTechnology. TheFY20l3ll4CapitalBudgetand the Capital lmprovement Plan for FY 2013114 through 2017118 includes funding for capital projects to address each of these oriorities. Item Summary/Recommendation : The Capital lmprovement Plan (ClP) is a plan for projects that require significant capital investment and is intended to serve as an official statement of public policy regarding long-range physical development in the City of Miami Beach, establishing priorities for the upcoming five year period, FY 2013114 - 2017118. The FY 2013114 Capital Budget includes project budgets for both current and new capital projects necessary to improve, enhance and maintain public facilities and infrastructure to meet the service demands of residents and visitors to the City of Miami Beach. The Capital Budget for FY 2013114 appropriates funding for projects that will require commitment of funds during the upcoming fiscal year, including construction contracts and architecVengineer contracts to be awarded during the upcoming year and capitalequipment acquisitions. The Capital Budget for Fiscal Year 2013114 was approved on September 30, 2013, with the adoption of Resolution No. 2013-28354. The First Amendment to the FY 2013114 Capital Budget was approved on December 1'1,2013, by resolution2013-28442. The Second Amendment to the FY 2013114 Capital Budget was approved on January 15,2014, by resolution 2014-28470. The Third Amendment to the FY 2013114 Capital Budget was approved on March 5, 2014, by resolution 20'14-28524. The Fourth Amendment to the FY 2013/14 Capital Budget was approved on April 23,2014, by resolution 2014-28565. The Fifth Amendment to the FY 2013114 Capital Budget was approved on June 11,2014, by resolution 2014-28625. TheSixthAmendmenttotheFY20l3/l4CapitalBudgetwillbeconsideredonJuly30,2014. The Seventh Amendment to the FY 2013114 Capital Budget would add funding to the Normandy Shores Park Fitness Circuit and Tatum Park Outdoor Sand Volleyball projects to cover higher than anticipated costs. The additional funding would be realigned from projected savings in the Fisher Park lrrigation System Restoration and Stillwater Park Sports Field Landscape and lrrigation projects. lf any other necessary budget amendments are identified, they will also be added to the public hearing item. The Administration requests that the Mayor and City Commission set a public hearing to be held on 10.2014. to adoot the Seventh Amendment to the for FiscalYear (F$ 2013114. AGEilIDA ITEil RI A A Financial !nformation : Source of Funds f, .1dl N__.1 Amount Account {$ MIAMIBTACH oxra 1'?3-lV1052 g MIAMIBEACH City of Miomi Beoch, 1700 Conveniion Cenler Drive, Miomi Beoch, Florido 33139, www.miomibeochfl.gov COMMISSION MEMORANDUM TO:Mayor Philip Levine and Members {f the Ci FRoM: Jimmy L. Morales, City Manager DATE: July 23,2014 MIAMI BEACH, FLORIDA, SETTING A PUBLIC HEARING ON SEPTEMBER 10, 2014 TO ADOPT THE SEVENTH AMENDMENT TO THE CAPITAL BUDGET FOR FTSCAL YEAR (FYl2013114. ADMINISTRATION RECOMMENDATION Adopt the Resolution and Set the Public Hearing for September 10, 2014. KEY INTENDED OUTCOME SUPPORTED Ensure Well Designed Quality Capital Projects -- lncrease Community Satisfaction with City Services ANALYSIS The Capital lmprovement Plan (ClP) is a plan for projects that require significant capital investment and is intended to serve as an official statement of public policy regarding long- range physical development in the City of Miami Beach, establishing priorities for the upcoming five year period, FY 2013114 -2017118. The FY 2013114 Capital Budget includes project budgets for both current and new capital projects necessary to improve, enhance and maintain public facilities and infrastructure to meet the service demands of residents and visitors to the City of Miami Beach. The Capital Budget for FY 2013114 appropriates funding for projects that will require commitment of funds during the upcoming fiscal year, including construction contracts and architecUengineer contracts to be awarded during the upcoming yearand capital equipment acquisitions. The Capital Budget for Fiscal Year 2013/14 was approved on September 30, 2013 with the adoption of Resolution No. 2013-28354. The First Amendment to the FY 2013114 Capital Budget was approved on December 11,2013, by resolution 2013-28442. The Second Amendment to the FY 2013114 Capital Budget was approved on January 15, 2014, by resolution2014-28470. The Third Amendment to the FY 2013114 Capital Budget was approved on March 5,2014, by resolution2014-28524. The Fourth Amendmentto the FY 2013114 Capital Budgetwas approved on April 23,2014, by resolution2014-28565. The Fifth Amendment to the FY 2013114 Capital Budget was approved on June 1 1, 2014, by resolution 2014-28625. The Sixth Amendment to the FY 2013114 Capital Budget will be considered on July 30,2014. 1053 Resolution Setting a Public Hearing to Adopt the Seventh Amendment to the Capital Budget for Fiscal Year (FY) 2013114 Page2 The Seventh Amendment to the FY 2013114 Capital Budget would add funding to the Normandy Shores Park Fitness Circuit and Tatum Park Outdoor Sand Volleyball projects to cover higher than anticipated costs. The additional funding would be realigned from projected savings in the Fisher Park lrrigation System Restoration and Stillwater Park Sports Field Landscape and lrrigation projects. !f any other necessary capital budget amendments are identified, they will also be added to the public hearing item. CONCLUSION The Administration recommends that the Mayor and City Commission of the City of Miami Beach, Florida, set a public hearing to be held on September 10, 2014, to adopt the Seventh Amendment to the Capital Budget for Fiscal Year (FY) 2013114. The key intended outcome supported is to ensure well-designed quality capital projects and increase community satisfaction with City services. JLM/JW @ 1054 RESOLUTION TO BE SUBMITTED 1055