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1B-Adopt FY 2014-15 RDA Capital Budget and Capital Improvement PlanREDEVELOPMENT AGENCY ITEM SUMMARY Condensed Title: A resolution of the Chairperson and Members of the Miami Beach Redevelopment Agency, adopting and appropriating the Miami Beach Redevelopment Agency Capital Budget for Fiscal Year (FY) 2014115 and ino the Caoital lm Plan for FY 2014115-2018119 Ensure well capital projects -- lncrease Community Satisfaction with City Services Supporting Data (Surveys, Environmental Scan, etc.): Based on the 2012 communitysurvey, recently completed capital projects were highly rated by both residents and businesses. ln the 2012 survey, arts and culture were identified as services the city should strive not to reduce; and availability of public parking, was one of the factors identified as key drivers of overall satisfaction levels. Item Summary/Recommendation : The CIP was created as 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 and the Miami Beach RDA, establishing priorities for the upcoming five year period, FY 2014115 - 2018119. The first year of the CIP is recommended for approval as the FY 2014115 Capital Budget. The Proposed City Center RDA Capital Budget for FY 2014115 therefore totals $310.050 million and the Proposed FY 2014115 Capital Budget for the RDA Anchor Garage totals $2.719 million. The FY 2014115 proposed Capital Budget includes: Miami Beach Convention Center Expansion & Renovation; Convention Center Lincoln Rd Connectors; 17th Street North lmprovements; Refurbishment of Lincoln Road pedestrian mall from Washington Avenue to Lenox Avenue; and the Bass Museum lnterior Expansion. This item was originally adopted on September 30, 2014. On November 17, 2014, the Florida Department of Revenue (DOR) officially notified the City of Miami Beach that we are not in compliance with Truth-in-Millage (TRIM) law due to an enor in the Budget Summary advertisement posted in the Miami Herald on September 25, 2014. Per DOR'S requirements, this item will re-adopt the Miami Beach Redevelopment Agency Capital lmprovement Plan for FY 2014/15 - 2018/19 and the Capital Budget for FY 2014/15. On July 16,2014, the Proposed Capital Budget and updated Capital lmprovement Plan were discussed at meetings of the Finance and Citywide Projects Committee and the proposed Capital Budget and CIP Financial lnformation : Source of Funds: Amount Account I $310,050,000 Prooosed Future RDA Bonds 2 $ 2,719,000 RDA Anchor Garage Total s312.769.000 Financial lmpact Summary: T:\AGENDA\2014\December\RDA Capital Budget Summary 1 4_15 (12-02-1 4).doc AGEltDn rrem / R{S AAIAAAIBTACH o.*tz lz'2-lU183 g MIAMIBEACH City of Miomi Beoch, 1700 Convention Center Drive, Miomi Beoch, Florido 33139, www.miomibeochfl.gov COMMISSION MEMORANDUM Chairperson and Members of the Miami Jimmy L. Morales, Executive Director December 2,2014 A RESOLUTION OF THE CH AND MEMBERS OF THE MIAM! AND APPROPRIATING THEBEACH REDEVELOPMENT AGENCY, MIAMI BEACH REDEVELOPMENT AGENCY CAPITAL BUDGET FOR FISCAL YEAR {FYl2014115 AND ADOPTTNG THE CAPTTAL TMPROVEMENT PLAN FOR FY 2014t15 -2018t19 TRIM COMPLIANCE This item was originally adopted on September 30, 2014. On November 17,2014, the Florida Department of Revenue (DOR) officially notified the City of Miami Beach that we are not in compliance with Truth-in-Millage (TRIM) law due to an error in the Budget Summary advertisement posted in the Miami Herald on September 25,2014. Per DOR's requirements, this item will re-adopt the Miami Beach Redevelopment Agency Capital lmprovement Plan for FY 2014115 -2018/19 and the Capital Budget for FY 2014115. ADM!NISTRATION RECOMMENDATION Adopt the Resolution. BACKGROUND Planning for capital improvements is an ongoing process; as needs change within the City's Redevelopment District ("RDA"), 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 and RDA capital development, improvements and associated needs. The RDA capital improvement plan process began in the spring when all departments are asked to prepare capitalimprovement 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 proposed document is reviewed by the City Manager, and upon approval, is submitted to the Finance and Citywide Projects Committee and the City Commission/Redevelopment Agency Board for final approval and adoption. The CIP was created as 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. The CIP specifies and describes the City's capital project plan and establishes priorities for the upcoming five year period. TO: FROM: DATE: SUBJECT: Agency 184 City Commi ssion Memorandum Resolution Adopting FY 201 4/1 5 Capital Budget and FY 201 4/1 5 - 201 8/19 CIP for the RDA December 2, 2014 Page 2 lndividual projects within neighborhood areas have been combined to create "packages" of projects that address the neighborhood needs for infrastructure upgrades, traffic flow, enhancements, etc. This comprehensive approach minimizes disruptions and generates costs savings. The projects address many needs in different areas of the City including: neighborhood enhancements such as landscaping, sidewalk restoration, traffic calming, lighting, parking, waterand sewersystem improvements, drainage improvements and roadway resurfacing/reconstruction; park renovation and upgrades; and construction or renovation of public facilities. The Administration is presenting the proposed FY201 4ll5Capital Budgetand the updated CIP for FY 2014115 - 2018119, following a comprehensive review of the CIP to insure that the Plan accurately reflects all project budgets, funding sources and commitments, for adoption by the City Commission. ANALYSIS Capital lmprovement Plan The FY 2014115 - 2018119 CIP for the City of Miami Beach and the RDA is a five year plan for public improvements and capital expenditures by the City and the RDA. This document is an official statement of public policy regarding long-range physical development in the City of Miami Beach and the RDA. The approved Capital lmprovement Plan has been updated to include projects that will be active during FY 2014115 - 2018119. The Plan has been updated to include additionalfunding sources that have become available, changes in project timing, and other adjustments to ongoing projects as they have become better defined. Certain adjustments have been made to reflect projects that have been reconflgured, re-titled, combined with or separated from other projects and/or project groupings and are the result of a comprehensive review of the program to insure that our plan accurately reflects all project budgets, funding sources and commitments. Available Gapital Funding Funding for capital projects in the City Center RDAwill come from Proposed Future RDA Bonds and the RDA Garage Fund. Proposed RDA Gapital Budget The City Center RDA FY 2014115 proposed Capital Budget includes: Bass Museum lnterior Space Expansion Convention Center Lincoln Rd Connectors & 17th St N. lmprovement Penn Ave to Wash Lincoln Rd / Washington Ave to Lenox Ave Convention Center Expansion & Renovation $3,750,000 $12,000,000 $20,000,000 $274,300,000 185 City Commi ssion Memorandu m Resolution Adopting FY 201 4/1 5 Capital Budget and FY 201 4/1 5 - 201 8/19 CIP for the RDA December 2, 2014 Page 3 The RDA Garage Fund which is separate because it is not part of the Tax increment funding of the RDA has proposed renewal and replacement needs totaling $650,000 and $2,069,000 for Collins Park Garage. CONCLUSION: The Administration recommends adoption of the attached Resolution, which establishes the Capital Budget for the RDA for FY 2014115 and the Capital lmprovement Program for FY 2014t15 -2018t19. JLM/KGBiMAS @ T:\AGENDA\201 4\DecemEEi(RDA Capital budget memo 14-15 (12-02-14).doc 186 RESOLUTION NO. A RESOLUTION OF THE CHAIRPERSON AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY (RDA) ADOPTING AND APPROPRIATING THE MIAMI BEACH REDEVELOPMENT AGENGY cAptTAL BUDGET FOR FTSCAL YEAR (FYl2014/15 AND ADOPTING THE CAPITAL IMPROVEMENT PLAN FOR FISCAL YEARS 2014115 THROUGH 2018119. WHEREAS,the2014115-2018/19 Capital lmprovement Plan (CtP)forthe Miami Beach Redevelopment Agency (RDA) is a five year plan for public improvements and capital expenditures by the RDA; and WHEREAS, the CIP is an officialstatementof public policy regarding long-range physical development in the City of Miami Beach; and WHEREAS, the Proposed Capital Budget for FY 2014115 itemizes project funds to be committed during the upcoming Fiscal Year detailing expenses for project components which include architects and engineers, construction, equipment, Art in Public Places, and other project costs; and WHEREAS, on July 16, 2014, funding needs for the FY 2014115 Proposed Capital Budget and CIP were discussed at a meeting of the City of Miami Beach Finance and Citywide Projects Committee and the funding recommendations are reflected in the proposed CIP; and WHEREAS, the proposed RDA Capital Budget for FY 2014115 totals $310.050 million; and WHEREAS, the proposed Anchor Garage Capital Budget for FY 2014115 totals $2.719 million in Renewal and Replacement projects; and WHEREAS, the proposed projects to be appropriated with the FY 2014115 Capital Budget and the CIP for FY's 2014115 through 2018119 are set forth in Attachment "A" which is attached hereto and incorporated herein by reference. WHEREAS, on September 30, 2014, the City Commission passed and adopted Resolution No.605-2014which adopted the MiamiBeach RedevelopmentAgencyCapitalBudget for Fiscal Year 2014115 and the Capital lmprovement Plan for Fiscal Years 2014115 - 2018/19; and WHEREAS, on November 17, 2014, the City of Miami Beach received the Florida Department of Revenue's (DOR) notice that the City of Miami Beach was not in compliance with Truth-in-Millage (TRIM) law due to an error in the Budget Summary advertisement published in the Miami Herald on September 25,2014; and WHEREAS, a specialCityCommission meeting to hold the newfinalhearing as provided in DOR's required budget hearing has been scheduled for December 2,2014 and has been duly advertised;and 187 NOW, THEREFORE, BE IT RESOLVED BY THE CHAIRPERSON AND MEMBERS OF THE MIAMI BEACH REDEVLOPMENT AGENGY, that the Chairperson and Members of the Miami Beach Redevelopment Agency hereby adopt and appropriate the Miami Beach RDA Capital Budget for FY 2014115 and the Capital lmprovement Plan for FiscalYears 2014115 through 2018119. PASSED AND ADOPTED this 2nd day of December,2014. Philip Levine, Chairperson Attest: Rafael E. Granado, Secretary T:\AGENDA\2014\December\RDA Capital Budget Reso 14_15 (1242-14).d&, APPROVED AS TO FORM & LANGUAGE 188 ooooocl(D = ooooo oc\| ii' E O-O-O_O-O- O- =;C,000000l-OLtOOOlf,@:.'oIs.'lOOON cD Ai dt <''ci d ctOl\FNCDllNF' 6F0.R t6t (D ooooo o ooooo ct ooooo o ooooo c, (roooo c, ooooo o o lt o o oG. o c,N F ao oN (0 nt cN locrocrooo -oooooo- o-o-o-o-o- o-; ooooo c,AclrOooOl'lF O- rs- .t- O- o- o-Nc)tOooFFNr(\l G! 6 6o o A c, ==3r2oY IIJ< E63lr =!EEi4otrEb3 o oCI E) c) Gl E p9 f E EH E UI iEg EE = iEE CE q EEEEEg EEEfiEEE E Z EEEEEi E:T€ E E $ F-zru =Io 189 OOTnOOOOOTJ)OOOQ-O@OF = NOo)OOOOOt?OOOOOOSO O.I:l OOo)OOoOO@OoOOr\O(rO oO rodr-dddoddodddNo$ci o-l- O(\l rO (lna l\O N (D O na (\l ra) - (oO t tO- .i (\N Al -1(\ 6l O-(\tt (o (tN (a ao oN lo croooooocrooooooooo c,F o oooo oo o o o. o- o_ - -_ - o- o- -o_ o_ o. 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A RefolutionAdopting: 1)The FinalAdValorem Millage O, 5.7942 Mills For General Operating Purposes, iA/hidl IsThineen And Four-Tenths FBrcent {13.4%} M6reTha,itr,e 'notteb-gacl(" Rate Of 5.1076 Millq And ?}Th€ Debt Service Millage ftate ot 0.2295 Mills For FiscalYear IFY) 201#15' {tg-.uin'esmay 6e dire&ed lo fie Sudger & Perlormance lmproveme*t Affice at 345.673.7514. 5:8t p.m. A fie olulioq Adoptinq Final Sudgets FsrT-he Generai, G'o' Debt s,ervice, RDA Ad Valorem TaxJs, Enterpriie, lnternal service Funds, and Special Bevenue Funds For FisialYea; {FY} 2o13f15. lnquiies may bc directed to rlre 8$d*et& Ferfbrrn,nce lmpmviment Olfi@ at 305.6737510. 5;E p.rn. A Reidution OfThe Board Of Directors OfThe Normandy Shores Local Government Nei gh borhood lm provement District Adoptin'g The-Final Ad Valorem MillageEate OJ 11305 Mills For FiscalYear {FYi 2014i15 ForThe Nornra ndy Sh6res Local Govemmcnt Oistricl, Which ts One Percent {1.0%} LessTha n?he "Rolled-8a'ck" Rate Of 1.1391 Mills. ,ndui,es ,n ay be directed t the Eudger & Pedormance'l*prave*eit Affi* at 30r673.75fi. 5:@ p.m. A Reloturion Of The Board Of Diradars OfThe Ncrr*andY Shores Lo'cal Government Neighborhocd lmprorement District Adopilng The Final operatidg Budgeifor FiscalYear im 2014115. lnquiries miYba, dk€*ed to the Eudget & Pertormanie lmprovement Anfrce rf 305.573;75r& 5:f3 p.m. A frdsolution Adcpting The Firal Capital lmprovemeni Flan far Siscal veaiJ(rvi 201.1,'15:201"8/19 And AdopiingThe'ciry Of Mlami Beach Final Capital Bud gel For {FY) 201 tlJ1 5. t nquiries m ay be di rected ta th e Budg et & Pe rtorm ance lm provement Ofiice at 345. €7 3-75, O. 5:O{ p.m. A Rdsolution OlThe Chairperson And Members Of Tte $1iaqi Eeach Bedevelopment Agency, Adopting And Appropriating The Operating Er.rdget ior The City Center hed6veloprnenl Area, The Andlor Shops And-Parking Garage. And The Pennsyfuania Avenud Shops And Parking Garage ForiiscalYcir 201#'!5. lnquiries may be directad io the Eudget & Fe rfo rm a nc e I rn p ro ve m e nt O lfi c e a I 3 G5, 67 3,7 5 1 0, 5:S,p.r:l, A ftdsoilutio,r Ol Tlre Chairaerson Asd Members Of The ltriar'ri Beectr Fedevelopment Agenry lRDAl. Adopting And Appropriating The ft4iami Beach Hebevelonrient Aoencv"Caoitil Bridoer Fo; Fiscal Year-(FYl 2014"15 And Adopting the Capiial {mprdvement Flan For Fisca{ Years 20i4i15 Thrqushi0t*lg, Ilrqer?r'es may oe dkected to the Sudget & Pe$armante fmprcrreme*r C#ie a t 3 I 5;A7 3 7 5 I A. 5:06 p-ro. A Bisolurion AdaDtifiE Thc First .Arnendmen! To The Capilal EudEct For Escal Year tFYi 20;#15. lnquiries may be directed to the Eudget & Pertorrrsrrca rrllp.rsrar$ snt Oilrce s I 3A5. 67 3, 7 5 1 A. lnterested panies are invired to appear at this meeting, or b€ represen-ted by an agent. or to exprebs the;rvie$rs in wrhing addressed to the CitY cLmrnisiian. .ra the city CIeiI, I?00 Conveotiori Cenler Drive, 1" Floor, City Hail. Miami Beach, Florida an139. Copies of these itemi are available tor'public inspection i!uring normal utriiness hours in the CitY C{erk's Oifiie. 1700 Convention Cciter Drive, 1" Floor, C;ry Hall, lrliami Beacfr. Florida 33139.This meeting, or any hem thercin. may be continued, and under suclr circumstances, additioml legal noiic€ need nct be provoed. fursuanl to Sec{ion 236.0105, FIa. StaL, the Ciry herebY advisx rh* publ?c tha! ita person decides to appial anydecision mbde bYthe CirYCommisslon whh respect to arry matter cohsidered ar its meeting or its hearing, sud't person must ensure that a verbatim record of the Praceedings is mad€. ivhich record includes the te$imonv and evidenee upon which the appeal is to be bssed. This notice does not constitute consent by tha.City lor the inlroduction ot admiision oi otherwiseiriadmlssible or irralavant avldence, nor does it authorize challenges ar appeals nnt *thei"vrtise al,owed by lafr. To request this marerial in alternate lormai lign language ifitefpreter five- day n'otice requiredl, informalisn gn .atces$ for peaons wittr,.drsahjlities, an&ar any aciommodation to review any document or partiiigate-in 3nyCity-sponiored proceedings, call 305.S4.2489 and selict 1 for English or i tir spanish, then opti'oir 6;Tfi ulers maY call vin 71t {Florida Relay SeruceJ, Rafael E. Granado, CirY Clerk "r, ciry of Miarni Beaih 191 THIS PAGE INTENTIONALLY LEFT BLANK 192