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Home My WebLink AboutLTC 044-2026 G.O. Bond Program - Project Implementation Update No. 40MIAMI BEACH OFFICE OF THE CITY MANAGER LTC #LETTER TO COMMISSION TO:Honorable Mayor Steven Meiner and Members oft FROM:Eric Carpenter,City Manager ~ DATE:February 9,2026 SUBJECT:G.O.Bond Program -Project Implementation Update No.40 The purpose of this Letter to the Commission ("LTC")is to advise you on the status of the implementation of the 46 General Obligation Bond (G.O.Bond)Projects approved by the City Commission for the first tranche of funding (Tranche 1),totaling $160.8 million (including accrued interest transfers),and $19.8 million approved under the 2024 Declaration of Intent to Issue (referred to herein after as Tranche 2).It also covers the progress of the 20 G.O.Bond Arts & Culture projects approved for Tranche 1,in the amount of $107.2 million (including accrued interest transfers). Refer to Exhibit A for the agenda of the G.O.Bond Oversight Committee ("the Committee")meeting held on January 22,2026.The following information includes excerpts from the meeting.For complete meeting agendas,handouts,minutes,presentations,and audio recordings,visit the website www.GOMBinfo.com and click on the Oversight Committee tab to see Meeting Records. IMPLEMENTATION STATUS -2018 BONDS Project Dashboard and Program Progress Report As of January 22,2026,a total of 29 out of the 46 current tranche projects are in some form of "Active"status,16 projects have been completed,and 1 is pending.Chart 1 below shows the full breakdown by Category. Chart 1 PROJECT ACTIVITY Futuret+4 Current 46 Complete16 Actve29 Pending1 •98%of all active Tranche Projects are Complete or Active =45 out of 46 PRO)ET Complete STATUS Active Pending Future All PROJECT CATEGORY Parks 13 9 Infrastructure Public Safety 10 0 10 0 All 16 29 30 13 11 57 G.O. Bond Program - Project Implementation Update No. 40 February 10, 2026 Page 2 of 9 A total of $119.7 million has been expended, with an additional $25 million encumbered, bringing the total to $144.7 million out of the available $180.6 million in funds. Chart 2 below provides a detailed breakdown of the expenditures by Category. Chart 2 Tranche 1 Progress Most of the 46 projects have different components which are considered distinct projects, or “subprojects”, that are tracked separately and have separate budgets, procurement, and implementation schedules. The Tranche 1 Subproject Activity Summary depicted in Charts 3 and 4 on the next page summarize the subproject activity into Status, Category and Funding amount. Subproject Tracking Summary by Phase As indicated on Chart 3 on the following page, of the 92 total subprojects in Tranche 1, 58 (63%) have been completed, 11 (12%) are under construction, 14 (15%) are in a design phase, 7 (8%) are in a planning phase, and 2 (2%) are pending. G.O. Bond Program - Project Implementation Update No. 40 February 10, 2026 Page 3 of 9 Chart 3 The total expenditures for each of the subproject categories are outlined in Chart 4 below. As of January 22, 2026, the 58 completed subprojects equate to $77 million of the Tranche 1 budget (48%), $34 million (21%) equate to subprojects under construction, $45 million (28%) equate to subprojects that are in the design phase, $3.6 million (2%) equate to subprojects that are in the planning phase, and $946.6 thousand (1%) has been earmarked for pending subprojects. For a more detailed breakdown by project, refer to the attached Exhibit B. TRANCHE 1 Chart 4 G.O. Bond Program - Project Implementation Update No. 40 February 10, 2026 Page 4 of 9 Subproject Progress Chart 5 below compares the status of subprojects from previous months to the current month, dating back to October 2019. Chart 5 Tranche 1 Expenditure Status As of January 22, 2026, a total of $114.1 million has been expended, and $23.3 million is currently encumbered, totaling $137.4 million of the $160.8 million allocated for Tranche 1. The breakdown of expenditures by Category is shown in Chart 6 below. Chart 6 No. % No. % No. % No. % No. % No. % No. % No. % ACTIVE/COMPLETE 44 68% 69 95% 80 95% 83 98% 85 96% 87 97% 90 98% 90 98% 0 CONSTRUCTION 16 15% 9 12% 11 13% 8 9% 11 12% 11 12% 11 12% 11 12% 0 PLANNING / DESIGN 23 21% 31 42% 36 43% 35 41% 29 33% 27 30% 21 23% 21 23% 0 CLOSED / COMPLETE 5 5% 29 40% 33 39% 40 47% 45 51% 49 54% 58 63% 58 63% 0 REMAINING 21 32% 4 5% 4 5% 2 2% 4 4% 3 3% 2 2% 2 2% 0 TOTAL SUB-PROJECTS 65 73 84 1 85 2 89 3 90 4,5 92 6,7 92 01/22/2611/20/2511/18/2112/17/20 SUMMARY SUB-PROJECTS - TRANCHE 1 10/17/19 12/14/2312/01/22 VARIANCE12/19/24 G.O. Bond Program - Project Implementation Update No. 40 February 10, 2026 Page 5 of 9 Tranche 2 Progress Tranche 2 consists of 5 Infrastructure Category subprojects, all of which are continuations of projects launched in Tranche 1. Currently, all 5 subprojects are in progress, with 4 in the construction phase and 1 in the design phase. For a detailed breakdown by project, refer to the bottom section of the attached Exhibit B. Tranche 2 Expenditure Status As indicated in Chart 7 below, as of January 22, 2026, $5.6 million has been expended, and $1.7 million has been encumbered for a total of $7.3 million out of the $19.8 million of Tranche 2 funds. Chart 7 Construction Commencements (2025 – 2026) A chart outlining all projects that commenced construction in 2025 and those anticipated to begin during the 2026 calendar year was presented. Refer to Exhibit C. Projects Update The following Tranche 1 projects were discussed during the January 22,2026 meeting. Refer to www.GOMBinfo.com for further details and information for each of the following: #05 Flamingo Park #15 Bayshore Park #23 Pedestrian Bridge #27 Log Cabin #29 West Lots #33 Tree Planting #40 41st St Corridor #45 Fire Station #1 G.O. Bond Program - Project Implementation Update No. 40 February 10, 2026 Page 6 of 9 IMPLEMENTATION STATUS – 2022 ARTS & CULTURE BONDS Project Dashboard and Program Progress Report The G.O. Bond for Arts & Culture was fully funded on July 27, 2023. As of January 22, 2026, 18 out of the 20 Tranche 1 projects are in some form of “Active” status and 2 have been completed. Chart 8 below shows the full breakdown by Category and Project Status. Chart 8 TRANCHE 1 Approximately $25.5 million has been expended and another $3.2 million has been encumbered for a total of $28.7 million out of the $107.2 million available Tranche 1 funds. Chart 9 below shows the full breakdown of the expenditures broken down by Category. Chart 9 G.O. Bond Program - Project Implementation Update No. 40 February 10, 2026 Page 7 of 9 Tranche 1 Progress Most of the 20 projects in Tranche 1 have different components which are considered distinct projects, or “subprojects”, that are tracked separately and have separate budgets, procurement, and implementation schedules. The Tranche 1 Subproject Activity Summary depicted in Chart 10 below and 11 on the next page, summarize the subproject activity into Status, Category and Funding amount. Subproject Tracking Summary by Phase Of the 43 total subprojects in Tranche 1, 13 (30%) have been completed, 10 (23%) are under construction, 12 (28%) are in a design phase, 4 (9%) are in a planning phase, and 4 (9%) are pending. Chart 10 below shows the status of all subprojects broken down by Phase and Category. Chart 10 The total expenditures for each of the subproject categories are outlined in Chart 11 on the following page. As of January 22, 2026, the 13 completed subprojects equate to approximately $9.5 million (9%) of the tranche 1 budget, $25.4 million (24%) equate to subprojects that are under construction, $32.1 million (30%) equate to subprojects that are in the design phase, $36.9 million (34%) equate to subprojects that are in the planning phase, and $3.2 million (3%) has been earmarked for pending subprojects. For a full breakdown, by project, refer to attached Exhibit D. G.O. Bond Program - Project Implementation Update No. 40 February 10, 2026 Page 8 of 9 Chart 11 Subproject Progress Chart 12 below compares the status of subprojects from previous months to the current month, dating back to March 2024. Chart 12 Construction Commencements (2025 – 2026) A chart outlining all projects that commenced construction in 2025 and those anticipated to begin during the 2026 calendar year was presented. Refer to Exhibit E. Tranche 1 Projects Update The following Tranche 1 project updates were discussed during the January 22, 2026 meeting. Refer to www.GOMBinfo.com for further details and information for each of the following: #5 Colony Theater #6 Botanical Garden #9 Holocaust Memorial #10 Byron Carlyle Theater No. % No. % No. % No. % No. % No. % No. % No. % ACTIVE/COMPLETE 40 87% 42 89% 44 94% 45 96% 43 91% 43 91% 44 92% 39 91% -5 CONSTRUCTION 6 6% 8 17% 10 21% 10 21% 10 21% 9 19% 11 23% 10 23% -1 PLANNING / DESIGN 33 30% 28 60% 28 60% 29 62% 24 51% 24 51% 21 44% 16 37% -5 CLOSED / COMPLETE 1 1% 6 13% 6 13% 6 13% 9 19% 10 21% 12 25% 13 30% 1 REMAINING 613%511%36%24%49%49%48%49% 0 TOTAL SUB-PROJECTS 46 47 *47 47 47 47 48 **43 *** 11/20/25 1/22/26 SUMMARY SUB-PROJECTS - TRANCHE 1 3/7/24 VARIANCE7/18/24 9/19/24 12/19/24 3/12/25 7/8/25 * #18 Aquatic Sculpture Park - PH3 added ** #11 NBOC Structural Repairs added ***#02 Miami City Ballet Subprojects consolidated into a single grant agreement G.O. Bond Program - Project Implementation Update No. 40 February 10, 2026 Page 9 of 9 #15 The Wolfsonian #19 Collins Park Rotunda Community Information and Outreach The Administration continues to perform public information and outreach activities through various community meetings, Constant Contact emails, direct mailings, publications, and the City’s social media platforms. Several project advisories have also been circulated via Constant Contact to keep residents informed about ongoing construction activities in their neighborhoods. These updates have covered a range of projects including Street Paving, Sidewalk Repairs and Bayshore Park. The website, www.GOMBInfo.com, continues to be updated with press releases, project photos, implementation updates, and more. For additional information, please contact Thais Vieira at thaisvieira@miamibeachfl.gov or via cellphone at (305) 216-1000. Attachments: Exhibit A – GOB Oversight Committee Agenda for January 22, 2026 Exhibit B – 2018 GOB Subproject and Project List by Phase Exhibit C – 2018 GOB Construction Commencement Graph Exhibit D – Arts & Culture Bond Subproject and Project List by Phase Exhibit E – Arts & Culture Bond Construction Commencement Graph MH / TV F:\CMGR\$ALL\GO Bond Program\LTC Program Updates\2026\G.O. Bond Program - Project Implementation Update No. 40.docx __________________________________________________________________________________________________ Legend: (P) Planning Phase, (D) Design Phase, (C) Construction Phase, (PN) Pending, (V) Various Phases, (F) Future Tranche General Obligation Bond Oversight Committee City of Miami Beach Karen Rivo, Chair Thais Vieira, Liaison AGENDA January 22, 2026 I.Roll Call and Introductions All 4:00pm II.Committee Business Karen Rivo 4:05pm •Selection of Vice-Chair •2026 Calendar •Adoption of Meeting Minutes from 11-20-25 III.Stop the Pause Policy CAO 4:10pm 2018 G.O. Bonds IV.Program General Status Update Thais Vieira 4:20pm V.2018 Bonds Projects Update CIP/ Parks/Env. 4:25pm •FS1 (D), Ped Bridge (C), 41st Street (D), Bayshore Park, Flamingo Park (V), Log Cabin (D), West Lots (P), Tree Planting (C) VI.Public Comment Public 5:00pm 2022 G.O. Bonds for Arts & Culture VII.Arts & Culture Program General Status Update Thais Vieira 5:10pm VIII.2022 Bonds Projects Update Fac./CIP 5:15pm •Byron (P), Wolfsonian (D), Holocaust Memorial (C),Colony Theater (V), Botanical Garden (D), Collins Park Rotunda (C) IX.Community Outreach TV 5:45pm •Recent Past Public Meetings / Upcoming Events o La Gorce Playground Grand Opening (TBD) X.Public Comment Public 5:50pm XI.Adjournment 6:00pm Committee Charge The purpose of the General Obligation Bond Oversight Committee is to make advisory recommendations to the City Manager and City Commission from a macro perspective regarding the timely progress, overall goals, costs, including financial efficiencies, and the timely completion of General Obligation Bond Program projects approved by the voters in the City of Miami Beach. The Committee shall have the following powers & duties: 1.Receive input from the public, the City Administration, City consultants, and the City’s Inspector General, asneeded, to make recommendations relative to the overall timing, cost efficiencies, and prioritization of the G.O. Bond Program projects. 2.Provide general oversight to ensure that G.O. Bond Program project timelines, budgets (including cost efficiencies) are prioritized and achieved, and that the projects are completed in accordance with the scope of work approved by the voters. 3.Review City staff and G.O. Bond Program project manager’s progress reports and provide monthly reports to the City Commission. EXHIBIT A TActive Phase Project NameCategoryDepartmentTrancheAnticipated End Date ↑Count % Count $ Budget $ Encumbered $ Spent % Spent $ Available1Closed#53 PORTABLE BOLLARDS Public Safety Police107-31-20191 1%599,916 - 599,9150.53%- 1Closed#17 POLO PARK ParksParks & Recreation108-11-20191 1%493,673 - 493,6730.43%- 1Closed#19 SOUNDSCAPE 4K TECHNOLOGY ParksTourism & Culture109-30-20191 1%3,748,495 - 3,748,495 3.29%- 1Closed#13 NORTH SHORE LIGHTS & PAINT ParksProperty Management110-14-20191 1%130,300 - 130,2100.11%89 1Closed#52 TATUM PARK LED LIGHTING Public Safety Parks & Recreation110-14-20191 1%52,758 - 52,7580.05%- 1Closed#52 CRESPI PARK LED LIGHTING Public Safety Parks & Recreation110-21-20191 1%41,780 - 41,7800.04%- 1Closed#52 STILLWATER PARK LED LIGHTING Public Safety Parks & Recreation110-21-20191 1%41,780 - 41,7800.04%- 1Closed#26 COLONY THEATRE ROOF ParksProperty Management110-24-20191 1%299,650 - 299,6500.26%- 1Closed#21 STILLWATER PARK ParksParks & Recreation111-08-20191 1%142,440 - 142,4400.12%- 1Closed#3 CRESPI PARK ParksParks & Recreation111-09-20191 1%184,919 - 184,9190.16%- 1Closed#18 SCOTT RAKOW PAINT ParksProperty Management111-12-20191 1%116,776 - 116,7760.10%- 1Closed#47 MACARTHUR CSWY READERS Public Safety Police111-28-20191 1%64,904 - 64,9040.06%- 1Closed#52 NORMANDY ISLE PARK LED LIGHTINGPublic Safety Parks & Recreation112-02-20191 1%212,599 - 212,5930.19%5 1Closed#18 SCOTT RAKOW HVAC ParksProperty Management112-06-20191 1%137,303 - 137,3020.12%- 1Closed#13 NORTH SHORE ROOF ParksProperty Management112-16-20191 1%375,000 - 374,7220.33%276 1Closed#18 SCOTT RAKOW ROOF ParksProperty Management101-05-20201 1%127,218 - 127,2170.11%- 1Closed#26 MIAMI CITY BALLET ROOF ParksProperty Management101-15-20201 1%758,824 - 758,8240.67%- 1Closed#13 NORTH SHORE CAMERAS ParksProperty Management102-04-20201 1%205,699 - 60,8580.05%144,841 1Closed#18 SCOTT RAKOW CAMERAS ParksProperty Management102-05-20201 1%110,660 - 110,6590.10%- 1Closed#32 PALM & HIBISCUS LANDSCAPING Infrastructure Capital Improvement Projects103-25-20201 1%1,000,000 - 1,000,000 0.88%- 1Closed#18 SCOTT RAKOW WINDOWS ParksProperty Management104-16-20201 1%373,420 - 198,8870.17%174,531 1Closed#26 FILLMORE ROOF ParksProperty Management105-15-20201 1%1,874,156 - 1,874,155 1.64%- 1Closed#4 FAIRWAY PARK PAVILION ParksParks & Recreation105-15-20201 1%50,000 - 35,0440.03%14,955 1Closed#2 COLLINS PARKParksParks & Recreation105-28-20201 1%557,287 - 557,2870.49%- 1Closed#13 NORTH SHORE GENERATOR ParksProperty Management106-30-20201 1%524,999 - 503,8610.44%21,138 1Closed#18 SCOTT RAKOW GENERATOR ParksProperty Management106-30-20201 1%729,719 - 729,7170.64%- 1Closed#18 SCOTT RAKOW POOL ParksParks & Recreation107-06-20201 1%977,105 - 977,1040.86%- 1Closed#47 71 ST. ENTRANCE READERS Public Safety Police107-12-20201 1%31,582 - 31,5820.03%- 1Closed#47 JULIA TUTTLE CSWY READERS Public Safety Police109-21-20201 1%89,186 - 89,1850.08%1 1Closed#57 LUMMUS PARK/OCEAN DRIVE CAMERASPublic Safety Police102-28-20211 1%824,845 - 824,8450.72%- 1Closed#4 FAIRWAY PARK FENCE ParksParks & Recreation103-10-20211 1%209,999 - 205,9170.18%4,082 1Closed#40 41 STREET LIGHTING UPGRADES Infrastructure Public Works Department103-13-20211 1%102,999 - 99,1730.09%3,825 1Closed#56 CAMERAS- BEACHWALK Public Safety Police104-02-20211 1%693,219 - 693,2180.61%- 1Closed#24 MIDDLE BEACH BEACHWALK PH3 ParksCapital Improvement Projects112-27-20211 1%4,214,179 - 4,214,178 3.70%- 1Closed#42 NAUTILUS TRAFFIC CALMING Infrastructure Transportation101-14-20221 1%739,499 - 712,6310.62%26,867 1Closed#18 SCOTT RAKOW GYM FLOORS ParksParks & Recreation101-21-20221 1%322,451 - 322,4510.28%- 1Closed#12 N. BEACH OCEANSIDE BEACHWALK ParksCapital Improvement Projects106-06-20221 1%1,999,999 - 1,999,999 1.75%- 1Closed#50 DADE BLVD. CORRIDOR CAMERAS Public Safety Police108-03-20221 1%165,674 - 131,4200.12%34,254 1Closed#9 MSD PLAYGROUND AND SIDEWALKSParksParks & Recreation108-05-20221 1%553,999 - 528,5130.46%25,485 1Closed#18 SCOTT RAKOW OTHER FLOORSParksParks & Recreation110-28-20221 1%203,798 - 203,7980.18%- 1Closed#52 FLAMINGO PARK LED LIGHTINGPublic Safety Parks & Recreation111-14-20221 1%1,044,143 - 1,044,143 0.92%- 1Closed#50 71 STREET CORRIDOR CAMERAS Public Safety Police112-22-20221 1%211,999 - 85,3070.07%126,692 1Closed#53 CONVENTION CENTER BOLLARDS Public Safety Public Works Department109-07-20231 1%783,128 - 782,0130.69%1,115 1Closed#53 SOUNDSCAPE PARK BOLLARDS Public Safety Public Works Department112-01-20231 1%225,198 - 223,6650.20%1,533 1Closed#53 SOUTH POINTE PARK BOLLARDS Public Safety Public Works Department112-11-20231 1%391,668 - 335,3620.29%56,306 CITY OF MIAMI BEACH1/13/2026 - 11:37 AMEXHIBIT BG.O. BOND PROJECT LIST BY PHASE G.O. BOND PROJECT LIST BY PHASETActive Phase Project Name Category Department TrancheAnticipated End Date ↑Count % Count $ Budget $ Encumbered $ Spent % Spent $ Available1Closed #34 ABOVE GROUND IMPROV-INDIAN CRK Infrastructure Public Works Department 103-30-20241 1%1,112,000 - 1,111,636 0.97%363 1Closed #37 SIDEWALKS - TRANCHE 1 Infrastructure Public Works Department 112-31-20241 1%3,960,066 - 3,960,060 3.47%5 1Closed #38 STREETS - TRANCHE 1 Infrastructure Public Works Department 112-31-20241 1%5,800,000 - 5,800,000 5.09%- 1Closed #13 N.S. PLAYGROUND Parks Parks & Recreation 1 01-31-20251 1%794,999 - 512,455 0.45%282,544 1Closed #9 MSD PARK LIGHTING Parks Parks & Recreation 105-08-20251 1%127,999 - 127,999 0.11%- 1Closed #42 PALM VIEW TRAFFIC CALMING Infrastructure Transportation 1 09-30-20251 1%86,349 - 46,427 0.04%39,922 1Closed Sum51 55%$38,620,358 - $37,661,50733%$958,8291Complete #49 PUBLIC SAFETY RADIO SYSTEM Public Safety Fire 104-30-20221 1%9,700,000 1,167,519 8,525,827 7.48%6,653 1Complete #10 MAURICE GIBB PARK Parks Capital Improvement Projects 104-21-20251 1%5,251,274 571,497 4,679,777 4.10%- 1Complete #48 REAL TIME INTELLIGENCE CENTERPublic Safety Property Management 1 09-30-20251 1%701,460 8,856 692,603 0.61%- 1Complete #19 SOUNDSCAPE PARK: SOUND SYSTEM Parks Property Management 1 09-30-20251 1%1,600,000 - 923,035 0.81%676,964 1Complete #15 PAR 3 / BAYSHORE PARK Parks Capital Improvement Projects 1 11-26-20251 1%20,166,104 - 20,166,103 17.68%- 1Complete #7 LA GORCE PARK Parks Parks & Recreation 1 11-26-20251 1%150,000 - 150,000 0.13%- 1Complete Sum14 15%$38,465,989 $1,748,770 $36,026,81232%$690,4021Complete Count7 8%7 7 7 0.00% 7 1Construction #57 COLLINS AVE/WASH AVE CAMERAS Public Safety Police 1 01-30-20261 1%665,154 81,595 580,760 0.51%2,799 1Construction #52 FLA. PARK LED LIGHTING - FIELDSPublic Safety Capital Improvement Projects 1 02-17-20261 1%1,655,856 3,350 906,469 0.79%746,037 1Construction #5 FLAMINGO PARK SOFTBALL FIELD Parks Capital Improvement Projects 1 02-17-20261 1%5,872,892 3,141,586 2,731,306 2.39%- 1Construction #5 FLAMINGO PARK LODGE Parks Capital Improvement Projects 1 03-01-20261 1%1,116,674 559,223 549,288 0.48%8,162 1Construction #43 23 ST. STREETSCAPE IMPROVEMENTS Infrastructure Capital Improvement Projects 1 04-02-20261 1%2,832,152 1,162,910 1,654,009 1.45%15,233 1Construction #33 TREE PLANTING - TRANCHE 1 Infrastructure Environmental 1 04-30-20261 1%2,770,000 - 2,533,347 2.22%236,652 1Construction #47 OTHER READERS CITYWIDE Public Safety Police 1 06-01-20261 1%1,390,000 287,030 959,960 0.84%143,009 1Construction #55 STREET LIGHTING - TRANCHE 1 Public Safety Public Works Department 1 07-24-20261 1%3,499,999 1,816,595 763,597 0.67%919,806 1Construction #50 ALTON RD. CORRIDOR CAMERAS Public Safety Police 1 07-31-20261 1%211,999 58,507 113,025 0.10%40,466 1Construction #39 SEAWALLS/SHORELINES - TRANCHE 1 Infrastructure Public Works Department 1 07-31-20261 1%4,999,998 17,503 4,980,907 4.37%1,587 1Construction #23 PEDESTRIAN BRIDGE Parks Capital Improvement Projects 1 07-31-20271 1%8,999,999 6,203,626 2,796,371 2.45%- 1Construction Sum44 48%$34,014,723 $13,331,925 $18,569,03916%$2,113,7511Construction Count11 12%11 11 11 0.00% 11 1Design #48 POLICE HQ FACILITY - TRANCHE 1 Public Safety Property Management 1,2 04-30-20261 1%5,871,811 176,593 2,153,818 1.89%3,541,399 1Design #5 FLAMINGO PARK MASTER PLAN Parks Capital Improvement Projects 1 08-23-20261 1%8,160,431 224,909 2,679,889 2.35%5,255,633 1Design #43 CHASE AVE/34 ST SHARED USE PATH Infrastructure Capital Improvement Projects 1 11-23-20261 1%829,998 36,078 545,412 0.48%248,508 1Design #8 LUMMUS PARK Parks Capital Improvement Projects 111-26-20261 1%4,736,999 677,750 594,782 0.52%3,464,466 1Design #25 WATERWAY RESTORATION Parks Capital Improvement Projects 1,2 03-11-20271 1%499,999 298,328 157,192 0.14%44,479 1Design #54 MARINE PATROL FACILITY Public Safety Capital Improvement Projects 1,2 06-17-20271 1%1,999,998 205,433 784,380 0.69%1,010,185 1Design #27 LOG CABIN Parks Capital Improvement Projects 1 06-25-20271 1%1,075,999 149,446 139,156 0.12%787,397 1Design #42 NORMANDY ISLE TRAFFIC CALMING Infrastructure Transportation 107-10-20271 1%293,999 17,747 254,989 0.22%21,263 1Design #42 BAYSHORE TRAFFIC CALMING - T1 Infrastructure Transportation 1 07-10-20271 1%380,148 11,838 340,157 0.30%28,153 1Design #50 41 ST. CORRIDOR CAMERAS Public SafetyCapital Improvement Projects 1 06-09-20281 1%235,324 - 21,575 0.02%213,748 1Design #45 FIRE STATION #1 Public Safety Capital Improvement Projects 1,2 07-03-20281 1%5,746,057 1,797,899 3,489,487 3.06%458,670 1Design #1 72 ST COMMUNITY COMPLEX ParksCapital Improvement Projects 1,2 07-24-20281 1%10,800,000 2,755,314 6,404,458 5.62%1,640,227 1Design #40 41 ST CORRIDOR IMPROVEMENTS Infrastructure Capital Improvement Projects 1,2 08-08-20281 1%2,896,343 903,490 1,916,104 1.68%76,748 1Design #31 OCEAN DRIVE CORRIDOR Infrastructure Capital Improvement Projects 1,204-22-20291 1%1,548,999 648,638 872,365 0.76%27,995 1Design Sum70 76%$45,076,105 $7,903,463 $20,353,76418%$16,818,8711Design Count14 15%14 14 14 0.00% 14 CITY OF MIAMI BEACH1/13/2026 - 11:37 AM G.O. BOND PROJECT LIST BY PHASETActive Phase Project NameCategoryDepartmentTrancheAnticipated End Date ↑Count % Count $ Budget $ Encumbered $ Spent % Spent $ Available11Planning#36 WASHINGTON AVE. CORRIDOR Infrastructure Public Works Department1,203-31-2026 b1 1%397,616 - 225,9000.20%171,716 1Planning#5 FLAMINGO YOUTH CENTER FACILITY ParksCapital Improvement Projects1,203-13-20281 1%250,000 167,701 33,8800.03%48,418 1Planning#23 BAY GARDEN MANOR LINK ParksCapital Improvement Projects1,212-22-20281 1%269,999 24,400 228,8310.20%16,768 1Planning#23 BAYVIEW TERRACE LINK ParksCapital Improvement Projects1,202-15-20291 1%169,999 23,209 146,7890.13%- 1Planning#23 SOUTH BAY CLUB LINK ParksCapital Improvement Projects1,204-26-20291 1%559,998 4,968 401,0110.35%154,019 1Planning#46 OCEAN RESCUE NOBE FACILITY Public Safety Capital Improvement Projects1,201-09-20311 1%999,999 34,986 359,4030.32%605,609 1Planning#29 WEST LOTS - TRANCHE 1ParksParks & Recreation1(blank)1 1%1,000,000 - - 0.00%1,000,000 1Planning Sum42 46%$3,647,611 $255,264 $1,395,8141%$1,996,5301Planning Count7 8%77 70.00%7 1Pending#30 SKATE PARK ParksParks & Recreation1,2(blank)1 1%532,999 49,708 39,726 0.03%443,565 1Pending#18 SCOTT RAKOW ICE RINK FLOORSParksParks & Recreation1(blank)1 1%413,640 - - 0.00%413,640 1Pending Sum14 15%$946,639 $49,708 $39,7260%$857,2051Pending Count2 2%22 20.00%2 Tranche 1 Total92 100% 160,771,425 23,289,130 114,046,662 71%23,435,588 2Construction #33 TREE PLANTING - TRANCHE 2Infrastructure Environmental210-01-20291 20%2,229,999 24,972 59,465 1.06%2,145,562 2Construction #37 SIDEWALKS - TRANCHE 2Infrastructure Public Works Department210-01-20291 20%3,500,000 674,432 1,754,460 31.22%1,071,107 2Construction #38 STREETS - TRANCHE 2Infrastructure Public Works Department210-01-20291 20%8,600,000 768,737 2,204,789 39.23%5,626,473 2Construction #39 SEAWALLS/SHORELINES - TRANCHE 2Infrastructure Public Works Department210-01-20291 20%4,999,999 220,305 1,598,191 28.44%3,181,502 2Construction Sum16 320%$19,329,998 $1,688,446 $5,616,905100%$12,024,6442Construction Count4 80%44 40.00%4 2Design#42 BAYSHORE TRAFFIC CALMING - T2Infrastructure Transportation207-10-20271 20%500,000 - 3,457 0.06%496,543 2Design Sum5 100%$500,000$0 $3,4570%$496,5432Design Count1 20%11 10.00%1 Tranche 2 Total5 100% 19,829,998 1,688,446 5,620,362 10028%.00%12,521,187 Grand Total97 $180,601,423$24,977,576 $119,667,024$35,956,775"b" Represents the estimated end date of the current phase.CITY OF MIAMI BEACH1/13/2026 - 11:37 AM 66% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Pedestrian Bridge CIP Flamingo Pk Softball Field CIP MSD Park Lighting (complete)Parks La Gorce Park (complete)Parks Flamingo Park Baseball Stadium CIP Log Cabin CIP Normandy Isle Traffic Calming Transp/CIP South Pointe Park Parks 23rd St Streetscape CIP Transp/CIP Transp/CIP 41st Street Corridor Improvements CIP PWD Flamingo Park LED Lighting (Fields)CIP CIP 2025 / 2026 CONSTRUCTION COMMENCEMENTS 2018 GOB PROGRAM Street Lighting Marine Patrol Facility PUBLIC SAFETY Bayshore Traffic Calming Project Name PARKS INFRASTRUCTURE Chase Ave Shared Use Path Dept 2024 2025 2026 LEGEND Expected construction commencement (as reported in Feb 2024 or later) Actual construction commencement Current expected construction commencement (no change from last meeting) Current expected construction commencement (changed from last meeting) Bold Text Indicates projects that have commenced in the 2025 calendar year Red Text Indicates projects that have changed from last meeting Blue Text Indicates new project (added after last meeting) EXHIBIT C G.O. BOND ARTS AND CULTURE PROJECT LIST BY PHASEActive PhaseNo.Project Name Department Tranche Anticipated End Date ↑Count %Count $ Budget $ Encumbered $ Spent% Spent$ AvailableClosed05 COLONY ELECTRICAL IMPROVEMENTSFacilities Management101-05-20241 2%134,200 - 129,376 1 4,824 Closed14 MB BANDSHELL CANOPY PROJECTION MAPPING Grant - Facilities Management101-30-20241 2%153,000 - 153,000 1 - Closed20 MB CLASSICAL MUSIC FESTIVALLoan102-29-20241 2%1,500,000 - 1,500,000 1 - Closed07 ART DECO LADDER/ROOF ACCESSFacilities Management105-10-20241 2%15,600 - 2,065 0 13,535 Closed01 BASS AUTOMATIC SHADE SYSTEMFacilities Management106-18-20241 2%230,600 - 129,375 1 101,225 Closed01 BASS LIGHTING IMPROVEMENTSFacilities Management101-30-20251 2%463,000 - 392,398 1 70,602 Closed17 NORTH SHORE ARTISTIC PLAYGROUNDParks & Recreation101-31-20251 2%206,179 - 202,579 1 3,600 Closed03 WF HOUSING (COLLINS PARK)Grant - CIP105-08-20251 2%4,000,000 - 4,000,000 1 - Closed01 BASS WI-FI ACCESS POINTSFacilities Management105-30-20251 2%190,310 - 173,757 1 16,553 Closed Sum- 0%6,924,991 - 6,714,652 210,339 Closed Count10 23%10 10 10 10 Complete01 BASS MECHANICAL IMPROVEMENTSFacilities Management101-30-20251 2%290,500 9,815 141,386 0 139,300 Complete18 AQUATIC SCULPTURE PARK - PH. 1Grant - Facilities Management110-31-20251 2%1,589,237 - 1,589,237 1 - Complete17 LA GORCE ARTISTIC PLAYGROUNDParks & Recreation112-02-20251 2%705,821 3,800 700,900 1 1,121 Complete Sum- 0%2,585,558 13,615 2,431,523 140,421 Complete Count3 7%3 3 3 3 Construction 19 COLLINS PARK ROTUNDACapital Improvement Projects102-27-20261 2%4,140,000 1,466,099 2,715,197 1 (41,297) Construction 01 BASS FIRE ALARM SYSTEMFacilities Management103-31-20261 2%2,305,900 8,311 673,260 0 1,624,329 Construction 07 ART DECO LIGHTINGFacilities Management103-31-20261 2%156,000 142,221 1,725 0 12,054 Construction 09 HOLOCAUST MEMORIAL MBGrant - Facilities Management103-31-20261 2%7,150,000 - 2,101,888 0 5,048,112 Construction 05 COLONY SECURITY & COMM. SYSTEMSFacilities Management104-30-20261 2%286,900 26,386 13,822 0 246,692 Construction 01 BASS MISCELLANEOUS IMPROVEMENTSFacilities Management105-13-20261 2%1,233,000 62,506 436,608 0 733,886 Construction 12 HISPANIC COMMUNITY CNTR.Grant - Facilities Management106-30-20261 2%767,000 - 556,233 1 210,767 Construction 05 COLONY TECHNOLOGY IMPROV.Grant - Facilities Management108-31-20261 2%2,594,000 - 1,505,038 1 1,088,962 Construction 05 COLONY BLDG. IMPROVEMENTSFacilities Management1,212-31-20261 2%1,052,798 136,738 237,816 0 678,244 Construction 08 NEW WORLD SYMPHONYGrant - Facilities Management112-31-20261 2%5,700,000 - 3,596,191 1 2,103,809 Construction Sum- 0%25,385,598 1,842,262 11,837,778 11,705,559 Construction Count10 23%10 10 10 10 Design18 AQUATIC SCULPTURE PARK - PH. 2Grant - Facilities Management107-31-2026 b1 2%2,328,316 - 957,665 0 1,370,651 Design11 NBOC COMMUNITY ROOM FURNITUREFacilities Management108-07-2026 b1 2%78,600 68,204 1,504 0 8,892 Design11 NBOC CATERING KITCHEN RENOVATIONFacilities Management112-02-20261 2%392,900 156,316 13,971 0 222,613 Design17 S. POINTE ARTISTIC PLAYGROUNDParks & Recreation101-28-20271 2%1,126,000 - 9,554 0 1,116,446 Design11 NBOC SOUND SYSTEM & ACOUSTICSFacilities Management103-30-20271 2%408,300 78,754 60,405 0 269,141 Design02 MIAMI CITY BALLETGrant - Facilities Management104-06-20271 2%12,000,000 - 997,987 0 11,002,013 Design 16 JEWISH MUSEUM OF FLORIDA Grant - Facilities Management 1 04-29-20271 2%750,000 - 27,664 0 722,336 Design07 ART DECO MUSEUM EXPANSIONCapital Improvement Projects108-21-20271 2%1,248,400 358,519 186,911 0 702,971 Design15 THE WOLFSONIANGrant - Facilities Management1,212-01-2027 b1 2%1,500,000 - 333,526 0 1,166,474 Design11 NBOC STRUCTURAL REPAIRSFacilities Management103-31-20281 2%2,470,789 309,334 260,730 0 1,900,725 Design06 MIAMI BEACH BOTANICAL GARDENCapital Improvement Projects105-14-20281 2%6,270,000 52,258 432,279 0 5,785,463 Design14 MB BANDSHELL BUILDING IMPROVEMENTSCapital Improvement Projects105-26-20281 2%3,617,000 305,956 143,988 0 3,167,056 Design Sum- 0%32,190,305 1,329,341 3,426,182 27,434,781 Design Count12 28%12 12 12 12 CITY OF MIAMI BEACH1/16/2026 - 12:52 PMEXHIBIT D G.O. BOND ARTS AND CULTURE PROJECT LIST BY PHASEActive PhaseNo.Project Name Department Tranche Anticipated End Date ↑Count %Count $ Budget $ Encumbered $ Spent% Spent$ AvailablePlanning13 COLLINS PARK CULTURAL CNTR.Grant - Facilities Management102-27-2026 b1 2%7,670,000 - 83,670 0 7,586,330 Planning10 BYRON CARLYLE THEATERFacilities Management1,205-29-2026 b1 2%10,590,000 - 94,601 0 10,495,399 Planning01 BASS MUSEUM MULTIPURPOSE ADDITIONCapital Improvement Projects1,209-21-20291 2%6,275,690 52,047 700,418 0 5,523,225 Planning04 FILLMORE (JACKIE GLEASON)Facilities Management1,2(blank)1 2%12,406,000 - 109,480 0 12,296,520 Planning Sum- 0%36,941,690 52,047 988,169 35,901,474 Planning Count4 9%4 4 4 4 Pending11 NBOC DOORS & WINDOWS SEALFacilities Management1(blank)1 2%161,800 3,662 1,890 0 156,248 Pending11 NBOC PAINTINGFacilities Management1(blank)1 2%141,400 5,008 66,300 0 70,093 Pending17 OTHER ARTISTIC PLAYGROUNDSParks & Recreation1(blank)1 2%1,797,000 - - - 1,797,000 Pending18 AQUATIC SCULPTURE PARK - PH. 3Grant - Facilities Management1(blank)1 2%1,082,447 - - - 1,082,447 Pending Sum- 0%3,182,647 8,670 68,189 3,105,788 Pending Count4 9%4 4 4 4 43 100% $107,210,789 $3,245,935$25,466,49324% $78,498,361"b" Represents anticipitated end date of current phaseCITY OF MIAMI BEACH1/16/2026 - 12:52 PM Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Holocaust Memorial Grant Bass Technology - Wifi (complete)Fac. Reefline - Phase 1 (complete)Grant La Gorce Park (complete)Parks Colony Bldg. Improvements Fac. Colony Security/Comm. System Fac. Fac. NBOC Furniture Fac. NBOC Sound/Acoustics Fac. NBOC Structural Repairs Fac. Jewish Museum Grant S. Pointe Park Artistic Playground Parks 2025/2026 CONSTRUCTION COMMENCEMENTS ARTS & CULTURE GOB PROGRAM 2024 2025 2026 NBOC Kitchen Project Name Dept LEGEND Expected construction commencement as reported in May 2024 (or later) Actual construction commencement Current expected construction commencement (no change from last meeting) Current expected construction commencement (changed from last meeting) Bold Text Indicates projects that have commenced in the 2025 calendar year Red Text Indicates projects that have changed from last meeting Blue Text Indicates new project (added after last meeting) EXHIBIT E