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R7G-Adopt First Amendment To Capital Budget For FY 2014-15COMMISSION ITEM SUMMARY Condensed Title: A Resolution of the Mayor and City Commission of the City of Miami Beach, Florida, Adopting the First Amendment to the Caoital Budoet for Fiscal Year 2O14115. lntended Outcome Clerk's Office E)IBA fiEn R7 Cr r,Arr lHq'lq Ensure Value and Timely Delivery of Quality Capital Projects, Ensure Well-Maintained Facilities, lmprove Storm Drainage Citywide, Maintain City's lnfrastructure, lmprove Parking Availability, Preserve Our Data Environmental etc.): N/A Item Summary/Recommendation : Planning for capital improvements is an ongoing process; as needs change within the City, capital programs and priorities must be adjusted. The Capital lmprovement Plan ("ClP") serves as the primary planning tool for systematically identifying, prioritizing and assigning tunds to critical City capital development, improvements and associated needs. The City's capital improvement plan 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. lndividual 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 2014115 -2018119 Capital lmprovement Plan and FY 2014115 Capital Budget were adopted on September 30,2014, by resolution 2014- 28763. Section '166.241(4)(c.), Florida Statutes, requires that a municipality's budget amendment must be adopted in the same manner as the original budget. Administration recommends adopting the resolution for the first amendment to the FY 2014115 Capital Budget. The first amendment to the FY 2014115 Capital Budget totals an increase of $9,754,000 and a re-appropriation of $13,026,333 in order to provide additional funding to the following eight capital projects. '1. Biscayne Point Neighborhood lmprovements2. West Avenue/ Bay Road Improvements3. Sunset Harbor Pump Station Upgrade4. Venetian lsland Neighborhood5. 7th Street Parking Girage6. Police Station Building- Firing Range Ventilation S)rstem Replacement7. Scott Rakow lce Rink 8. Biscayne Pointe lsland Entryway THE ADMINISTRATION RECOMMENDS THAT THE MAYOR AND CITY COMMISSION ADOPT THE RESOLUTION ADOPTING THE FIRST AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2014t15 Financiat lnformation: Source of Funds: Amount Account $8,521,285 $1,047,69s $'t17,120$ 67,900 304- Capital reserve 142-7th Street Parking Garage 125- Capital Renewal & Replacement Fund 306-Mid Beach Quality of Life OBPI Total $9,754,000 Financial !mpact Summary: {s MIAMIBTACH 685 g MIAMIBEACH City of Miomi Beoch, 1700 Convention Cenier Drive, Miomi Beoch, Florido 33I39, www.miomibeochfl.gov COMMISSION MEMORANDUM TO: FROM: DATE: SUBJECT: Mayor Philip Levine and Members the City Jimmy L. Morales, City Manager November 19,2014 A RESOLUTION OF THE MA AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FIRST AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2014115. ADMINISTRATION RECOMMENDATION Adopt the Resolution. BACKGROUND Planning for capital improvements is an ongoing process; as needs change within the City, capital programs and priorities must be adjusted. The Capital lmprovement Plan ("ClP") 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 capital improvement plan 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. lndividual 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 2014115 - 2018119 Capital lmprovement Plan and FY 2014115 Capital Budget were adopted on September 30, 2014, by resolution 2014-28763. Section 166.241(4Xc.), Florida Statutes, requires that a municipality's budget amendment must be adopted in the same manner as the original budget. Administration recommends adopting the resolution for the first amendment to the FY 2014115 Capital Budget. FIRST AMENDMENT TO THE FY 2014/15 CAPITAL BUDGET The first amendment to the FY 2014115 Capital Budget totals an increase of $9,754,000 and a re-appropriation of $13,026,333 in order to provide additional funding to the following eight capital projects. 1. Biscayne Pointe Neighborhood lmprovements: This project requires a budget amendment for an additional $3,277,808 to accommodate improvements to the 686 Resolution Adopting the First Amendment to the Capital Budget for FY 2014115 November 19,2014 Page 2 of 5 2. storm water drainage within the neighborhood. This includes drainage on Crespi Boulevard, from 79th Street to 84th Streets, and a water main replacement, from 80th to 85th Streets. This amendment will be funded from funds previously appropriated for the Belle lsle Outfall Pipe Replacement, LaGorce and North Shore Neighborhood lmprovements, Flamingo Neighborhood Bid Pack A, Flamingo Neighborhood Bid Pack C, and the Palm and Hibiscus lsland Enhancement projects; all of which are lower priority projects. The timing for reimbursements will be assessed during the rest of this fiscal year and during the FY 2015116 budget process. This project change order was approved at the October 29,2014 Commission meeting. West Avenue/ Bay Road lmprovements: This project requires a budget amendment to transfer $8,012,739 in funding from existing projects to install a new 48-inch drain pipe from 6th to 8th Streets, where an existing 48-inch gravity outfall is located. This wilt also provide additional capacity in the drainage system on 10th and 14th Streets, which will be installed by the City and FDOT. This amendmentwill also be funding street reconstruction along 1Oth, 14th and 17th Streets, West Avenue between 6th and 8th Streets, as well as an additional pump station on 17th Street and Alton Road, where an old gravity drainage system is located. This amendment will be funded from funds previously appropriated for the LaGorce Neighborhood lmprovements, North Shore Neighborhood lmprovements, Palm & Hibiscus lsland Enhancement, Bayshore Neighborhood- Bid Pack C, Citywide Water and Sewer Main Assessment, and the Drainage lmprovement- North Bay & 5th Street projects; all of which are lower priority projects. The timing for reimbursements will be assessed during the rest of this fiscal year and during the FY 2015116 budget process. A project change order was approved at the October 29, 2014 commission meeting in the amount of $15,670,000. Of this amount, the unbudgeted amount is $12,299,689. The remaining balance of $4,286,950 will be appropriated through a budget amendment when other funds become available. Sunset Harbor Pump Station Upgrades: This project requires a budget amendment for an additional $1,341,000 to accommodate additional engineering services, drainage structure modification, drainage pipe and water main replacement, replacement of failing water supply distribution and improvement of drainage on West Avenue and Bay Road in Sunset Harbor. lt will also fund emergency lining of sewer force mains on Sunset lslands. 3. 687 Resolution Adopting the First Amendment to the Capital Budget for FY 2014115 November 19,2014 Page 3 of 5 This amendment will be funded from funds previously appropriated for LaGorce and North Shore Neighborhood lmprovements projects; all of which are lower priority projects. The timing for reimbursements will be assessed during the rest of this fiscal year and during the FY 2015116 budget process. This project change order was approved at the October 29,2014 commission meeting. 4. Venetian lsland Neighborhood: On February 12, 2014, the City Commission approved the recommendation by the Mayor's Blue Ribbon Panel on Flood Mitigation and the Flooding Mitigation Committee to amend the City's Storm Water Management Master Plan by modifying the design criteria for all tidal boundary conditions. The Public Works Department requested that staff implement the enhanced stormwater system criteria on Venetian lsland. The new criteria required the Engineer of Record to revise the current design documents included in the contract for this project. This action generated a redesign effort by the consultant by adding scope and impact to the project duration. Additional Funding in the amount of $8,521,285 is attributed to the new design criteria implemented for the enhanced stormwater improvements. Resolution 2002-24764 stipulates that the Capital Reserve funds should be used for projects not funded from bonds, grants, or loans. The administration recommends a one-time waiver of this policy in order to accommodate the temporary funding of this project at this time from Capital Reserve Fund 304 Fund for cashflow purposes. The timing of reimbursements will be assessed during the rest of this fiscal year and during the FY 2015116 budget process. This will leave a balance of approximately $1.07 million in this fund. Prior Years' Aoorooriations $26,499,435 November 19. 201 4 Budqet Amendment 8,521,285 Prooosed Total Aonrooriations $35.050.720 5. 7th Street Parking Garage: A budget amendment in the amount of $1,242,481 is being requested after submitted bids had to be rejected due to the bids highly exceeding the estimated construction budget for this project. The ongoing increase in pricing in the construction industry in the area superseded the construction costs projections of this budget. The rise in construction costs was clearly noted after review of the submitted bids. Based on the current prices submitted, a revision was made to the construction costs estimate to properly account for current industry pricing. Further, the revision to the construction costs estimate accounts for the current pricing in additional design services that are to be included in this project and incorporates fees by the CIP office for the services that are going to be rendered in accordance to the revised pricing. This amendment will be funded by transferring $194,786 from the 7th Street Parking Garage Maintenance project to combine both 688 Resolution Adopting the First Amendment to the Capital Budget for FY 2014115 November 19,2014 Page 4 of 5 projects; and $1,047,695 will be funded from the 7th Street Garage Fund 142 Fund Balance. Prior Years' Appropriations $1.900.000 November 19.2014 Budoet Amendment 1,242.481 Proposed Total Appropriations $3,142,481 6. Police Station Building- Fire Range Ventilation System Replacement: $1 17,120 in Additional funding is required to accommodate higher cost of construction, owner's contingency, additional professional services and other soft costs. This amendment will be funded from Renewal & Replacement Fund 125 Fund Balance. Prior Years' Approoriations $370.000 November 19,2014 Budqet Amendment 117,120 Proposed Total Appropriations $487,120 7. Scott Rakow lce Rink: On March 5,2014, the City Commission requested that staff look at possible ways to reconfigure existing interior spaces to include a Multi- purpose room, skate rental area and new showerfacilities. On June 11,2014, the Commission approved the additional scope at Scott Rakow Youth Center lce Skating Rink as follows: new women's and men's showers and locker rooms, with an approximate area of 595 SF., new multipurpose room, with an approximate area of 372 SF., and a new skate rental, with an approximate area of 353 SF. The approved budget was $265,000 and construction prices came higher than anticipated, all the available funding was used to award a contract to BDI Construction on October 29, 2014. The budget request of $67,900 being presented is for funding related to consulting services during the construction process and a ten percent contingency for unforeseen conditions. This amendment will be funded from Mid Beach QOL fund 306 Fund Balance. Prior Years' Aoorooriations $1,892,421 November 19,2014 Budqet Amendment 67.900 Proposed Tota! Approoriations $1.960.321 8. Biscayne Pointe lsland Entryway: Reallocating $200,000 from the Biscayne Point Neighborhood lmprovement Project to a separate project entitled Biscayne Point Entry Way. The Biscayne Point residents requested enhancements to the Biscayne Point Entryway, at the August 29, 2014 Finance and Citywide Projects Committee 689 Resolution Adopting the First Amendment to the Capitat Budget for FY 20i4l1| November 19,2014 Page 5 of 5 meeting, which approved additional funding required to complete these enhancements. 690 RESOLUTION NO. A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE C!ry OF MIAMI BEAGH, FLORIDA, ADOPTING THE FIRST AMENDMENT TO THE GAPITAL BUDGET FOR FISCAL YEAR 2014115. WHEREAS, the Miami Beach Capital Budget for FY 2014115 was approved and appropriated via Resolution No. 2014-28763 on September 30, 2014; and WHEREAS, it is recommended the FY 2013114 Caprtal Budget be amended to add appropriations totaling $9,754,000 to eight projects, and re-appropriate $'13,026,333 between existing projects highlighted in "Attachment C - Projects"; and WHEREAS, the proposed amendment to the FY 2014115 Capital Budget are included in "Attachment A - Source of Funds" and "Attachment B - Program". NOW, THEREFORE, BE !T RESOLVED BY THE MAYOR AND CIry COMMTSSION OF THE CITY OF MIAMI BEAGH, that the Mayor and City Commission hereby adopt the First Amendment to the Capital Budget for Fiscal Year 2014115 as shown in Attachment A (Source of Funds), Attachment B (Programs) and Attachment C (Projects). PASSED AND ADOPTED this 19th day of November 2014. Philip Levine, Mayor Attest: Rafael Granado, City Clerk APPROVED AS TO FORM AND LANGUAGE AND FOR EXECUTION 691 Funding Source Adopted Capital Budget Amended 11t19114 Revised 2003 GO Bonds - Neighborhood lmprovement $160,000 $160,000 2003 GO Bonds - Fire Safety 625,000 625,000 2010 Parking Bonds Reso. 2010-27491 2,301,000 2,301,000 7th Street Garage 170,000 1,047,695 1,217,695 Capital Projects Not Financed by Bonds 765,000 765,000 Capital Reserve 0 8,521,285 8,521,285 Convention Center 525,000 525,000 Concurency Mitigation 2,060,000 2,060,000 Equipment Loan/Lease 4,947,000 4,947,000 Fleet Management Fund 50,000 50,000 Half Cent Transit Surtax - County 2,333,000 2,333,000 lnfo & Communications Technology Fund 280,000 280,000 Local Option Gas Tax 336,000 336,000 MB Quality of Life Resort Tax Fund - 1%5,044,000 67,900 5,111,900 Miami-Dade County Bond 54,400,000 54,400,000 NB Quality of Life Resort Tax Fund - 1%2,787,000 2,787,O00 Non TIF RDA 11,712,000 (11.712,000 Parking Operations Fund 2,270,O00 2,270,000 Pay-As-You-Go 2,630,000 2,630,000 Proposed Future RDA Bonds 3'10.050,000 310,050,000 Proposed Future Resort Tax 1 Bonds 204,500,000 204,500,000 Proposed Future Water & Sewer Bonds 14,476,000 14,476,000 Proposed Parking Bonds 59,500,000 59,500,000 Proposed Sormwater Bonds 51,876,000 5'1,876,000 RDA Garage Fund 2,719,000 2,719,000 Renewal & Replacement Fund 1,966,000 't't7,'t20 2,083,120 SB Quality of Life Resort Tax Fund - 1%1,870,000 1,870,000 Sanitation Enterprise Fund 375,000 375,000 South Pointe Capital 10,574,000 10,574,000 W&S GBL Series 2010 CMB Reso 2009-27243 458,000 458,000 Water and Sewer Enterprise Fund 150,000 150,000 Total Appropriation as ot 11/,19114 $ 728,485,000 $ 9.754,000 $ 738,239,000 ATTACHMENT A FY 2014115 CAPITAL BUDGET SOURCE OF FUNDS Amended 11119114 NOTE: The West Avenue/ Bay Road lmprovement, Biscayne Point Neighborhood lmprovement, Sunset Harbor Pump Station tJpgrades, 7th Street Parking Garage, and Biscayne Pointe lsland Entryway proiects will be funded by funds previously appropriated to other proiects. 692 ATTACHMENT B FY 2014115 CAPITAL BUDGET PROGRAMS Amended 11119114 NOTE: The West Avenue/ Bay Road lmprovement, Biscayne Point Neighborhood lmprovement, Sunset Harbor Pump Station Upgrades, Tth Street Parking Garage, and Biscayne Pointe lsland Entryway projects will be funded by funds previously appropriated to other projects. Prooram Area AOOpreo uaprtar Budget Amended 11119114 Revised Bridges $283,000 $$283,000 Communitv Centers 42,000 42,000 Convention Center 522,013,000 s22,013,000 Environmental 437,000 (213,0001 224,000 Equipment 6,177,000 6.177,000 General Public Buildinos 5,588,000 5,588,000 lnformation Technoloov 280,000 280,000 Parking 833,000 833,000 Parking Garages 61,569,000 (194,786 61,374,214 Parking Lots 468,000 468,000 Parks 7,895,000 67,900 7,962,900 Renewal & Replacement 4,366,000 1,359,601 5,725,601 Seawalls 254,000 254,000 Streets/ Sidewalk lmps 86.181,000 7,972,393 94,153,393 TransiU Transportation 8,77't,000 8,771,000 Utilities 23,328,000 761,892 24,089,892 Total Appropriation as o111119/14 $ 728,48s,000 $ 9,754,000 $ 738,239,000 693 ATTACHMENT C CAPITAL BUDGET PROJECTS Amended 11119114 Capital Project Name Adopted Capital Budget Amended 11119t14 Revised Capital Budget West Avenue / Bay Road lmprovement $ 21,929.269 $ 8,012,739 $ 29,942,008 Biscavne Point Neioh lmprov 22.805.30s 3.077.808 25,883,113 Sunset Harbor Pump Station Upgrades 6,687,000 1,341,000 8,028,000 LaGorce Neighborhood lmprov 18,568,616 (4,469,999t 14,098,617 North Shore Neiqh lmprov 't2.323.99'.1 1.478.571\,10.84s.420 Palm & Hibiscus lsland Enhancement 18.122.646 (5.712,172)12,410,474 CW Water & Sewer Main Asst 513.000 (213.000 300,000 Drainage lmprov. Bay & 0/o6 St 187,292 u87.292 0 Flaminoo Neioh West 5,706,335 (85.453 5.620.882 Bell lsle 484.519 (391.816 92.703 Flaminoo Neiohborhood South 9,371,487 (93.244 9.278.243 7th Street Parkinq Garaqe 1.900.000 1.242.481 3,142,481 Maint- 7th St. Parking Garage 09 360.000 (194.786)165,214 Venetian Neiohborhood 26,499,435 8,521,285 35.O20.720 Police Station Building- Firing Range Ventilation 370,000 117J20 487.120 Scott Rakow Youth Center lce Rink 1.852.421 67,900 1,960,321 Biscavne Pointe lsland Entrvwav 50.000 200.000 250.000 Total $ 147,771,316 $ 9.754.000 $ 1s7,525,316 694 E-iiiiEEEEEEEEEii*EEfEEsEiEaEifiEEEBE ff iii igsiiisi i i Eil iEigi g i illsi ilE iii '* rgiEEiEifiiiEEEEEEiiE$iiIiIiiEii EE ii iii iEEEEEEi I i iEE EiEEEB g, i iEiii siE ssi Ei ;i E:E $iEEi;i[ I $ E=E 5EuEEi '* a ;E*i;;it; ili !! iE ig? l;IgiEag I E,EEE EiiEIi EE g EiiEiiiii Eii E' IIIIIi]' ii EiEEi EIEiii{i,E- g- iEii igiiii Ei E EEEiiEiiEi i*Aii + lIizlo! *t 6l1i@j di:l >iolzl =id: li: EoY 6 =EI: o dUE =s = 695 THIS PAGE INTENTIONALLY LEFT BLANK 696