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HomeMy WebLinkAboutResolution 2026-34148RESOLUTION NO. 2026-34148 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE THIRD AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2026 AS SET FORTH IN ATTACHMENTS A, "PROJECTS"; B, "SOURCE OF FUNDS"; AND C "PROGRAMS." WHEREAS, on September 30, 2025, the final Capital Improvement Plan (CIP) for Fiscal Years 2026 — 2030 and the final Capital Budget for FY 2026 was adopted via Resolution No. 2025-33948; and WHEREAS, on December 17, 2025, the First Amendment to the Capital Budget for FY 2026 was adopted via Resolution No. 2025-34040; and WHEREAS, on February 5, 2026, the Second Amendment to the Capital Budget for FY 2026 was adopted via Resolution No. 2026-34114; and WHEREAS, it was recommended by the Administration that the FY 2026 Capital Budget be amended to increase appropriations by $81,687,000.00 and re -align $4,291,731.54 between existing projects; and WHEREAS, at the February 25, 2026 City Commission meeting, the Mayor and City Commission amended the third Amendment to Capital Budget for FY 2026 to increase funding for the replica rainbow crosswalk in Lummus Park by $15,000 for a plaque, which will explain the significance of the replica; and WHEREAS, it is recommended by the Administration that the FY 2026 Capital Budget be amended to increase appropriations, as amended, by $81,702,000.00 and re -align $4,291,731.54 between existing projects as highlighted in Attachments A, "Projects"; B, "Source of Funds"; and C, "Programs." NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that following a duly noticed public hearing on February 25, 2026, the Mayor and City Commission hereby adopt, as amended at the February 25, 2026 Commission Meeting, the Third Amendment to the Capital Budget for Fiscal Year 2026 as set forth in Attachments A, "Projects"; B, "Source of Funds"; and C, "Programs." PASSED AND ADOPTED this 251h day of February 2026. ATTEST: • Steven Meiner, Mayor MAR 0 6 2026 Rafae . Granado, City Clerk APPROVED AS TO FORM & LANGUAGE gcy� & FOR EXECUTION \�... ti I.INCORP ORATEO` City Attomey Date FY 2026 CAPITAL A BUDGET PROJECTSATTACHMENT AMENDED . Amended Revised Capital Project Name FY 2026 Amended 2/25/2026 FY 2026 Capital Budget Capital Budget WASTEWATER STATIONS REHABILITATION (Project # 20619) $ 38,887,408.30 (1,424,311.84) $ 37,463,096.46 WATER MAIN REPLACEMENT-DADE BLVD (Project # 64132) 6,491,228.00 1,424,311.84 7,915,539.84 CITYWIDE SEAWALL REHAB (Project # 29020) 20,900,000.00 (1,182,025.60) 19,717,974.40 STORMWATER OUTFALLS WATR QLTY IMPRV (Project # 29820) 2,844,045.97 1,182,025.60 4,026,071.57 5TH & ALTON GARAGE STORMWATER WELL (Project # 66522) 67,000.00 (21,000.00) 46,000.00 5TH & ALTON ROOF DECK WATERPROOFING (Project # 68823) 920,000.00 (3,000.00) 917,000.00 5TH & ALTON CCTV UPGRADES (Project # 68723) 103,405.00 24,000.00 127,405.00 5TH & ALTON EXTERIOR WATERPROOFING (Project # NEW) - 285,000.00 285,000.00 ORCHARD PARK TRAFFIC CALMING (Project # 62322) 1,837,928.98 (1,330,394.10) 507,534.88 BAYSHORE NEIGH. TRAFFIC CALMING 1A(Project # 20118) 2,521,564.80 1,330,394.10 3,851,958.90 BAY DRIVE NEIGHBORHOOD GREENWAY (Project # 60257) 100,000.00 (100,000.00) NORMANDY ISLE NEIGHBORHOOD TRAFFIC (Project # 65725) 1,822,697.72 100,000.00 1,922,697.72 HAWTHORNE AVENUE NEIGHBORHOOD GRNWY (Project # 22923) 157,000.00 (157,000.00) MB SENIOR HIGH PEDESTRIAN ENHNCMNTS (Project # 21524) 1,388,003.85 (74,000.00) 1,314,003.85 CITYWIDE RAISED CROSSWLKS & INTRSEC (Project # 62424) 124,000.00 231,000.00 355,000.00 GO #31 OCEAN DRIVE - TRANCHE 2 (Project # 27319-NEW) 1,549,000.00 18,451,000.00 20,000,000.00 GO #34 ABOVE GROUND IMPROV - SOUTH POINTE - TRANCHE 2 (Project # 27519-NEW) GO #34 ABOVE GROUND IMPROV - TOWN CTR - TRANCHE 2 1,112,000.00 9,000,000.00 10,112,000.00 Project # 27519-NEW GO #36 WASHINGTON AVE. CORRIDOR - TRANCHE 2 (Project # 27719-NEW) 397,616.00 9,602,384.00 10,000,000.00 GO #37 SIDEWALKS - FY26 - TRANCHE 2 (Project # 24619-65419) 7,460,066.00 5,539,934.00 13,000,000.00 GO #38 STREETS - FY26 - TRANCHE 2 (Project # 27819-24719) 14,400,000.00 15,600,000.00 30,000,000.00 GO #40 41ST ST CORRIDOR - TRANCHE 2 (Project # 28019-NEW) 2,999,344.00 12,468,682.00 15,468,026.00 GO #43 ALTON RD SHARED USE PATH - TRANCHE 2 (Project # 68619-NEW) GO #43 BIKE LANES & SHARED USE PATH - TRANCHE 2 (Project # 3,662,154.00 2,620,000.00 6,282,154.00 68619-NEW GO #44 NORTH SHORE NEIGHBORHOOD - TRANCHE 2 (Project # 28219-NEW 8,000,000.00 8,000,000.00 RAINBOW CROSSWALK LUMMUS PARK (Project # NEW) 135,000.00 135,000.00 Total $ i81,702,000.00 Note: 1.) $1,424,311.84 of funding will be transferred to the Water Main Replacement -Dade Blvd project (#64132) from the following project: a. Wastewater Stations Rehabilitation (Project# 20619) - $1.424,311.84 2.) $1,182,025.60 of funding will be transferred to the Stormwater Outfalls Water Quality Improvements project (#29820) from the following project: a. Citywide Seawall Rehabilitation (Project# 29020) - $1,182,025.60 3.) $24,000 of funding will be transferred to the 5°i & Alton CCTV Upgrades project (#68723) from the following projects: a. 5"' & Alton Garage Stormwater Well (Project# 66522) - $21,000 b. 5°i & Alton Roof Deck Waterproofing (Project# 68823) - $3,000 4.) $1,330,394.10 of funding will be transferred to the Bayshore Neighborhood Traffic Calming 1A project (#20118) from the following projects: a. Orchard Park Traffic Calming (Project# 62322) - $1,330,394.10 5.) $100,000 of funding will be transferred to the Normandy Isle Neighborhood Traffic Calming project (#65725) from the following project: a. Bay Drive Neighborhood Greenway (Project# 60257) - $100,000 6.) $231,000 of funding will be transferred to the Citywide Raised Crosswalks & Intersections project (#62424) to the following project: a. Hawthorne Avenue Neighborhood Greenway (Project# 22923) - $157,000 b. Miami Beach Senior High Pedestrian Enhancements (Project# 21524) - $74,000 ATTACHMENT B FY 2026 CAPITAL BUDGET SOURCE OF FUNDS AMENDED 2/2512026 Amended Funding Source FY 2026 Capital Budget Amended 212512026 Revised FY 2026 Ca Hal Budget Transportation Fund $ - 1.495.900.00 $ 1,495,900.00 Resiliency Fund 7,478,030.00 - 7,478,030.00 Caphai Renewal 8 Replacement 5,936,384.00 - 5,936,384.00 Tree Preservation Twat Fund 110,000.00 - 110,000.00 North Beam Public Benefits 147,343.00 - 147,343.00 7M Sheet Garage 1,020,000.00 - 1,020,000.00 Art in Pubic Pieces 75,000.00 - 75,000.00 Fees In Lieu of Parking 2,022,197.00 - 2.022.127.00 Concurrency Management 5 Mobility Fee 1,258,773.00 - 1,258,773.00 Conourrency Mitigation Fund (101,000.00) (1,238,900.00) (1,399,900.00) RDA City Center Reneval 8 Replacement 360,627.00 - 360,627.00 Local Option Gas Tax (800,000.00) - (500,000.00) Half Cent Transit Surtax -County - (157,000.00) (157,000.00) Capital Projects Financed By Other Funds 1,062,872.00 - 1,002,872.00 Pay As You Go - Capital Fund 31,775,398.00 135,000.00 31,910,398.00 Capital Reserve 4,900,928.00 - 4,900,928.00 Resort Tax - South Beach 2.335.330.00 - 2,335,336.00 Resort Tax - Mid Beach 3,170,115.00 - 3,170,115.00 Resort Tax - North Beach 3,488,254.00 - 3,488,264.00 2015 Resort Tax Revenue Bonds 2,613,583.00 - 2,013,583.00 RDA Series 2015A 1,004,788.00 - 1,004,788.00 City Center RDA Capital Fund 1,022,374.00 - 1,022,374.00 1999 GO Bonds Neighborhood Improvements 465.00 - 485.00 2003 GO Bonds Fire Ssiely 22,948.00 - 22.946.00 2003 GO Bonds Parks 8 Roo 13,011.00 - 13,011.00 2003 GO Bonds Neighborhoods 16,885.00 (100,000,00) (63,115.00) South Pints Capital 2,776.00 - 2,776.00 2019 GO Bonds - Neighborhoods 8 Infrastructure 78,748.00 - 76.748.00 2023A Art, Cultural, B Facilities GOB Tax -Exempt 1,845,789,00 - 1,845,789.00 202313 Art, Cultural, 8 Facilities GOB Taxable 400,000,00 - 400,000,00 2025 GO Bonds - Neighborhoods 8 Infrastructure - 81,262,000.00 81,282,000.00 2025 Water & Sewer Bonds 584,798.54 - 564,798.54 Water 8 Sevier Capital Projects funded from Operations 18,124,757.46 - 16,124,757.48 2017 Water & Sevier Bonds 3,717,721.00 - 3,717,721.00 Water 8 Sevier Bond Series 2010 835.00 - 835.00 Water 8 Sevier Impact Fees 353,777.00 - 353,777.00 Gulf Breeze 2006 5,227.00 - 5,227.00 2000 Water & Sevier Bonds 21,610.00 - 21,010.00 Stormueter Projects - MOC ILA 288,952.00 - 288.952.00 Storm Water Capital not Bonds 1,297,300.00 - 1,297,300.00 Convention Center Operating Fund 11,308,739.00 - 11,308,739.00 Convention Center Renewal& Replacement 1,453,000.00 - 1,453,000.00 RDA Garages 500,000.00 - 500,000.00 Penn Garage Fund 900,000.00 - 900,000.00 RDA Collins Garage Operations 500,000.00 500,000.00 1988 Debt Service Construction 122,430.00 - 122,430.00 2010 Parking Bonds 545,935.00 - 545,935.00 2015 Parking Revenue Bonds 113,256.00 - 113,258.00 Parking Capital not Bonds 28.674.438.00 285,00(1.00 28,059,438.00 Fleet Management 9,587,800.00 - 9,567AX1,00 Communications 105,000.00 - 105,000.00 Note. 1.) $1,424,311.84 of funding will be transferred to the Water Main Replacement -Dade BNtl project (064132) from the following project. a. Wastewater Stations Rehabilitation (Project# 20619) - $1,424.311.84 2.) $1,182,025.60 of funding will be transferred to the Stormvater Outtalk Water Quality Improvements project (#29820) from the following project: a. Crtyvdde Seawall Rehabilitation (Project# 29020) - $1,182,025,60 3.) $24,000 of funding will be transferred to the 5' 8 Afton CCTV Upgrades project (068723) from the following projects. a. 5" 8 Afton Garage Stormveter Well (Project# 66522) - $21,000 b. 5" 8 Afton Roof Deck Waterproofing (Projects 68823) - $3,000 4.) $1,330,394.10 of funding will be transferred to the Sayshore Neighborhood Traffic Calming 1A project (#20118) from the followng projects a. Orchard Park Traffic Calming (Project# 62322) - $1.330,394.10 5.) $100,000 of funding will be transferred to the Normandy Isle Neighborhood Traffic Calming project (065725) from the following project. a. Bay Drive Neighborhood Greenway (Project# 60257) - $100,000 6.) $231,000 of funding will be transferred to the Citywcle Raised Crosswalks 8 Intersections project (062424) from the following projects. a. Hav4horne Avenue Neighborhood Greanway (Project# 22923) - $157,000 b. Mam Beach Senior High Pedestrian Enhancements (Projects 21524) - $74,000 C FY 2026 CAPITAL BUDGET PROGRAMSATTACHMENT Amended Revised Program Area FY 2026 Amended 2/2512026 FY 2026 Capital Budget Capital Budget Art in Public Places $ 75,000.00 $ - $ 75,000.00 Bridges 600,000.00 600,000.00 Community Centers 2,995,789.00 2,995,789.00 Convention Center 16,380,110.00 16,380,110.00 Cultural Services 400,000.00 400,000.00 Environmental 470,000.00 470,000.00 Equipment 12,910,291.00 12,910,291.00 General Public Buildings 30,995,860.00 30,995,860.00 Golf Courses 3,494,000.00 3,494,000.00 Monuments 133,000.00 - 133,000.00 Parking 11,808,236.00 285,000.00 12,093,236.00 Parks 27,629,840.00 135,000.00 27,764,840.00 Seawalls 8,322,374.00 (1,182,025.60) 7,140,348.40 Streets/Sidewalks/Streetscapes Improvements 5,094,163.00 60,211,000.00 65,305,163.00 Transit/ Transportation 582,773.00 21,071,000.00 21,653,773.00 Utilities 27,513,772.00 1,182,025.60 28,695,797.60 Note: 1.) $1,424,311.84 of funding will be transferred to the Water Main Replacement -Dade Blvd project (#64132) from the following project: a. Wastewater Stations Rehabilitation (Project# 20619) - $1,424,311.84 2.) $1,182,025.60 of funding will be transferred to the Stormwater Outfalls Water Quality Improvements project (#29820) from the following project: a. Citywide Seawall Rehabilitation (Project# 29020) - $1,182,025.60 3.) $24,000 of funding will be transferred to the 5 h & Alton CCTV Upgrades project (#68723) from the following projects: a. 5t' & Alton Garage Stormwater Well (Project# 66522) - $21,000 b. 5°i & Alton Roof Deck Waterproofing (Project# 68823) - $3,000 4.) $1,330,394.10 of funding will be transferred to the Bayshore Neighborhood Traffic Calming 1 A project (#20118) from the following projects: a. Orchard Park Traffic Calming (Project# 62322) - $1,330,394.10 5.) $100,000 of funding will be transferred to the Normandy Isle Neighborhood Traffic Calming project (#65725) from the following project: a. Bay Drive Neighborhood Greenway (Project# 60257) - $100,000 6.) $231,000 of funding will be transferred to the Citywide Raised Crosswalks & Intersections project (#62424) from the following projects: a. Hawthorne Avenue Neighborhood Greenway (Project# 22923) - $157,000 b. Miami Beach Senior High Pedestrian Enhancements (Project# 21524) - $74,000 Resolutions - R7 B MIAMI BEACH COMMISSION MEMORANDUM TO. Honorable Mayor Steven Meiner and Members of the City Commission FROM Eric Carpenter, City Manager DATE: February 25, 2026 2 00 p.m. Public Hearing TITLE: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA. ADOPTING THE THIRD AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2026 AS SET FORTH IN ATTACHMENTS A. PROJECTS": B. "SOURCE OF FUNDS",AND C "PROGRAMS." RECOMMENDATION The Administration recommends that the Mayor and City Commission adopt the attached Resolution BACKGROUND/HISTORY Planning for capital improvements is an ongoing process. as needs change within the City of Miami Beach (the City"). capital programs and priorities must be adjusted accordingly. The Capital Improvement Plan ('CIP') serves as the primary policy and planning tool for systematically identifying, prioritizing, and assigning funds to critical City capital improvement projects. The City's CIP and Capital Budget development process begins in the winter when all departments are asked to prepare updates and requests on their department's ongoing and new proposed capital projects. Individual 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 Mayor and City Commission for adoption. The Fiscal Years (,FY") 2026 — 2030 CIP and FY 2026 Capital Budget were adopted on September 30, 2025 by Resolution No. 2025-33948. The First Amendment to the FY 2026 Capital Budget was adopted on December 17, 2025 by Resolution No 2025-34040. The Second Amendment to the FY 2026 Capital Budget was adopted on February 5, 2026 by Resolution No. 2026-34114. ANALYSIS THIRD AMENDMENT TO THE FY 2026 CAPITAL BUDGET The proposed Third Amendment to the FY 2026 Capital Budget reflects an overall increase of $81,687.000 00 and the re -alignment of $4,291,731.54 for the following capital projects: 1. Water Main Replacement — Dade Boulevard (#64132): Project W-45, as defined in the City's Water System Master Plan (October 2019), involves the complete replacement of the existing 20-inch Ductile Iron Pipe (DIP) water main along Dade Boulevard, between North Michigan Avenue and 231" Street, and the replacement of 786 of 1589 the existing 20-inch DIP water main and 8-inch gravity sewer pipe along 1911, Street, between Alton Road and North Michigan Avenue. The existing water main is approximately 50 years old, and the gravity sewer pipe was constructed in 1925. Both systems were prioritized in the Master Plan due to their high probability of failure and the significant consequences associated with such failures. City records confirm these assets have exceeded their design life and have shown signs of declining performance, including frequent leaks and structural failures. These upgrades will: • Expand flow capacity to meet anticipated growth and demand • Improve pressure and flow within the water transmission and distribution systems • Enhance reliability and reduce the risk of service disruptions The total base bid amount for this project exceeded the funds currently appropriated, necessitating a budget amendment to cover the shortfall. This adjustment ensures the City can proceed with the planned improvements without delay. Funding for this proposed amendment would come from the Series 2025 Water & Sewer Bonds Funds (Fund 417) which was previously appropriated to the following project that is no longer required, due to additional federal grant funding that was received from the U.S. Department of Housing and Urban Development for Sewer Pump Station #28. • Wastewater Stations Rehabilitation (20619) - $1,424,311.84 Prior Appropriations $6,491,228.00 February 25, 2026 Budget Amendment 1,424,311.84 Proposed Total Appropriations $7,915,539.84 2. Stormwater Outfalls Water Quality Improvements (#29820): Stormwater Pump Station 24, located at West 231d Street and North Bay Road, is an existing duplex station. This project will install a stormwater quality pump station along with two pressurized/injection wells designed to protect Biscayne Bay's water quality. These improvements will capture and treat contaminants before stormwater is discharged, specifically targeting the "first flush" —the initial inch of rainfall that typically carries the highest pollutant load. The total base bid amount for this project exceeded the funds currently appropriated, necessitating a budget amendment to cover the shortfall. This adjustment ensures the City can proceed with the planned improvements without delay. This initiative is part of an in -kind project commitment identified in the 2021 Consent Decree between the City and the Florida Department of Environmental Resources, reinforcing the City's obligation to improve water quality and environmental resilience. Funding for this proposed amendment would come from the Stormwater Projects — MDC ILA Funds (Fund 433) which was previously appropriated to the following project that remains necessary but is currently on hold due to a shift in project priorities within the Public Works Department. • Citywide Seawall Rehabilitation (#29020) - $1,182,025.60 787 of 1589 Prior Appropriations $2,844,045.97 February 25, 2026 Budget Amendment 1,182,025.60 Proposed Total Appropriations $4,026,071.57 3. 51h & Alton Closed -Circuit Television (CCTV) Upgrades (#68723): As part of the ongoing security enhancement initiative, additional cameras were required beyond the original project scope to ensure comprehensive coverage of critical areas. The revised scope includes the purchase and installation of these additional cameras. Funding for this proposed amendment would come from the Parking Capital Not Bonds Funds (Fund 490), which was previously appropriated to the following projects that have been completed and are expected to realize savings based on invoices pending processing. 5t" & Alton Garage Stormwater Well (66522) - $21,000.00 511' & Alton Roof Deck Waterproofing (68823) - $3,000.00 Prior Appropriations $103,405.00 February 25, 2026 Budget Amendment 24,000.00 Proposed Total Appropriations $127,405.00 4. 51h & Alton Exterior Waterproofing (#NEW): This project involves waterproofing and restoring the exterior surfaces of the 5'h & Alton Garage, a prominent structure located at the entrance of Miami Beach and surrounded by high-rise condominiums. The garage has experienced deferred maintenance over time, resulting in some visible wear. Enhancing its upkeep and appearance would provide an opportunity to better reflect the character and quality of the surrounding neighborhood. The scope of work includes: • Pressure washing all exterior surfaces with a light bleach solution to remove dirt and mildew for proper adhesion of finishes • Removing deteriorated caulk around windows, doors, and expansion joints and replacing with new urethane caulk • Repairing cracks and damaged stucco to match existing surfaces • Applying two coats of waterproof coating to all previously painted stucco and masonry surfaces • Sanding, prepping, and spot priming hollow metal doors, frames, and stair railings with industrial enamel The scope of this project also includes all necessary permits, maintenance of traffic (MOT), lane closures, and police escorts during active closures. Safety measures such as scaffold walkways at main entrances and traffic redirection will be implemented to protect pedestrians during work. Funding for this proposed amendment would come from fund balance that is available for appropriation in the Parking Capital Not Bonds Fund (Fund 490). 788 of 1589 Prior Appropriations $0.00 February 25, 2026 Budget Amendment 285,000.00 Proposed Total Appropriations $285,000.00 5. Bayshore Neighborhood Traffic Calming (#20118): The Transportation & Mobility Department is requesting a mid -year appropriation to fully fund the construction of the GO Bond #42 Bayshore Neighborhood Traffic Calming Project. At this time, the project faces a funding shortfall for construction services. The increase in construction costs is due to environmental remediation and soil management measures required by the Miami -Dade County Department of Environmental Resources Management (DERM). These requirements were identified during the design phase and must be implemented during construction to ensure compliance with environmental regulations. Funding for this proposed amendment would come from Transportation & Mobility Funds (Fund 106) and Concurrency Mitigation Funds (Fund 158), which were previously appropriated to the following project that is no longer feasible due to lack of support from affected property owners. Orchard Park Traffic Calming (62322) o Fund 158 - $1,238,900.00 o Fund 106 - $91,494.10 Prior Appropriations $2,521,564.80 February 25, 2026 Budget Amendment 1,330,394.10 Proposed Total Appropriations $3,851,958.90 6. Normandy Isle Neighborhood Traffic Calming (#65725): The Transportation & Mobility Department is requesting a mid -year appropriation to fully fund the construction of the GO Bond #42 Normandy Isle Neighborhood Traffic Calming Project. Based on the Opinion of Probable Cost (OPC) dated January 19, 2026 from the design consultant, the project faces a funding shortfall of $100,000 for construction services. Funding for this proposed amendment would come from the 2003 GO Bonds Neighborhoods Funds (Fund 384), which was previously appropriated to the following project that is no longer feasible due to a lack of support from the community, and will be re-evaluated as part of the Transportation Master Plan update. Bay Drive Neighborhood Greenway (60257) - $100,000 Prior Appropriations $1,822,697.72 February 25, 2026 Budget Amendment 100,000.00 Proposed Total Appropriations $1,922,697.72 789 of 1589 7. Citywide Raised Crosswalks & Intersections (#62424): The Transportation & Mobility Department requests a mid -year appropriation to fully fund the construction of the Citywide Raised Crosswalks and Intersection Improvement Project (62424), specifically the West Avenue Midblock Raised Crosswalk with LED Pedestrian Flashing Beacons between 61h Street and 81h Street. This project was approved for design and construction under Resolution No. 2024-33117. Based on the Opinion of Probable Cost (OPC) dated January 5, 2026, the project faces a funding shortfall of $230,618 for construction services. Funding for this proposed amendment would come from Transportation & Mobility Funds (Fund 106) and People's Transportation Plan Funds (Fund 187), previously appropriated to the following projects, that are no longer being actively pursued for the reasons outlined below: • Hawthorne Avenue Neighborhood Greenway (22923) — Project has yet to commence, is not fully funded, and is going to be re-evaluated as part of the Transportation Master Plan update o Fund 187 - $157,000.00 • Miami Beach Senior High Pedestrian Enhancements (21524) — Project has been deemed unfeasible due to a lack of support from Miami -Dade County Public Schools and the Miami -Dade County Department of Transportation and Public Works o Fund 106 - $74,000.00 Prior Appropriations $124,000.00 February 25, 2026 Budget Amendment 231,000.00 Proposed Total Appropriations $355,000.00 8. Rainbow Crosswalk Lummus Park (#NEW): The original rainbow crosswalk, located at Ocean Drive and Twelfth Street in the Art Deco District, symbolized the City of Miami Beach's longstanding commitment to diversity and inclusion within the LGBTQIA+ community. To preserve its legacy, the City salvaged the original pavers after the Florida Department of Transportation removed the crosswalk. On February 5, 2026, the Mayor and City Commission adopted a Resolution directing the City Administration to allocate funding in an amount not to exceed $120,000 for the design, construction, and installation of a replica rainbow crosswalk in Lummus Park, which is a site of historical and cultural significance, utilizing the salvaged pavers from the original crosswalk. Funding for this proposed amendment would come from fund balance that is available for appropriation in the Capital Pay -As -You -Go Fund (Fund 302) based on the recommended transfer of General Fund reserves that is proposed as part of the companion operating budget amendment item on today's City Commission agenda. Prior Appropriations $0.00 February 25, 2026 Budget Amendment 120,000.00 Proposed Total Appropriations $120,000.00 /9U O? 152iy 9. General Obligation (G.O.) Bond Tranche Two (2) On December 17, 2025, the Mayor and City Commission adopted Resolution No. 2025-33984 authorizing the Administration to execute a Declaration of Official Intent to issue additional funding of General Obligation Bonds (Neighborhoods and Infrastructure Category) in the amount of $81,282,000 (exclusive of issuance costs) for GOB Projects #31, 34, 36, 37, 38, 40, 43, and 44. This action represents the next phase of the City's G.O. Bond program, originally approved by voters on November 6, 2018, and ensures adequate funding for the following critical neighborhood and infrastructure improvements. GO#31 Ocean Drive Corridor (#27319): This project involves a comprehensive redesign of Ocean Drive to create flexibility for mitigating, limiting, or eliminating vehicular traffic. Funding for this proposed amendment would come from the 2025 G.O. Bonds — Neighborhoods & Infrastructure (Fund 396) in the amount of $18,451,000.00. Prior Appropriations $1,549,000.00 February 25, 2026 Budget Amendment 18,451,000.00 Proposed Total Appropriations $20,000,000.00 If. GO#34 Above Ground Improvements (#27519): This project focuses on enhancing aesthetics across neighborhoods citywide through the integration of sustainable and visually appealing design elements. Funding for this proposed amendment would come from the 2025 G.O. Bonds — Neighborhoods & Infrastructure (Fund 396) in the amount of $9,000,000.00. Prior Appropriations $1,112,000.00 February 25, 2026 Budget Amendment 9,000,000.00 Proposed Total Appropriations $10,112,000.00 III. GO#36 Washington Avenue Corridor (#27719): This project aims to revitalize the Washington Avenue corridor by upgrading landscapes and streetscapes within the Business Improvement District (BID). Funding for this proposed amendment would come from the 2025 G.O. Bonds — Neighborhoods & Infrastructure (Fund 396) in the amount of $9,602,384.00. Prior Appropriations $397,616.00 February 25, 2026 Budget Amendment 9,602,384.00 Proposed Total Appropriations $10,000,000.00 791 of 1589 IV. GO#37 Sidewalk Improvements (#24619): This project focuses on renovating 25% of the City's sidewalks by replacing cracked, uneven, and deteriorated surfaces in neighborhoods citywide. Funding for this proposed amendment would come from the 2025 G.O. Bonds — Neighborhoods & Infrastructure (Fund 396) in the amount of $5,539,934.00. Prior Appropriations $7,460,066.00 February 25, 2026 Budget Amendment 5,539,934.00 Proposed Total Appropriations $13,000,000.00 V. GO#38 Street Pavement (#27819): This project focuses on improving roadway conditions across the City by implementing a combination of re -paving and pavement preservation strategies. Funding for this proposed amendment would come from the 2025 G.O. Bonds — Neighborhoods & Infrastructure (Fund 396) in the amount of $15,600,000.00. Prior Appropriations $14,400,000.00 February 25, 2026 Budget Amendment 15,600,000.00 Proposed Total Appropriations $30,000,000.00 VI. GO#40 41s' St Corridor (#27819): This project aims to revitalize the 41s' Street corridor through comprehensive streetscape and infrastructure improvements. Funding for this proposed amendment would come from the 2025 G.O. Bonds — Neighborhoods & Infrastructure (Fund 396) in the amount of $12,468,682.00. Prior Appropriations $2,999,344.00 February 25, 2026 Budget Amendment 12,468,682.00 Proposed Total Appropriations $15,468,026.00 VII. GO#43 Bike Lanes & Shared Use Path (#68619): This project aims to improve public safety and mobility citywide by designing and constructing protected bicycle lanes and shared -use paths along key corridors. Funding for this proposed amendment would come from the 2025 G.O. Bonds — Neighborhoods & Infrastructure (Fund 396) in the amount of $2,620,000.00. Prior Appropriations $3,662,154.00 February 25, 2026 Budget Amendment 2,620,000.00 Proposed Total Appropriations $6,282,154.00 792 of 1589 Vill. GO#44 North Shore Neighborhood (#28219): This project focuses on beautifying the North Shore neighborhood through a series of streetscape and infrastructure enhancements. Funding for this proposed amendment would come from the 2025 G.O. Bonds — Neighborhoods & Infrastructure (Fund 396) in the amount of $8,000,000.00. Prior Appropriations $0.00 February 25, 2026 Budget Amendment 8,000,000.00 Proposed Total Appropriations $8,000,000.00 FISCAL IMPACT STATEMENT See detailed information provided above Does this Ordinance require a Business Impact Estimate? (FOR ORDINANCES ONLY) If applicable, the Business Impact Estimate (BIE) was published on: See BIE at: https•//www miamibeachfl.gov/city-hall/city-clerk/meeting-notices/ FINANCIAL INFORMATION See detailed information provided above CONCLUSION The City Administration recommends that the Mayor and City Commission adopt the Third Amendment to the Capital Budget for FY 2026 described herein and further detailed in Attachments A-C of the accompanying Resolution. EC/JDG/TOS Applicable Area Citywide Is this a "Residents Right to Know" item, pursuant to City Code Section 2-17? Yes Is this item related to a G.O. Bond Proiect? Yes 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 Management and Budget 793 of 1589 Sponsor(s) Co-sponsor(s) Condensed Title 2:00 p.m. PH, Adopt 3rd Amendment to the FY 2026 Capital Budget. OMB Previous Action (For City Clerk Use Only) 794 of 1589 FY ATTACHMENT A PROJECTS AMENDED 2/2512026 Amended Revised Capital Project Name FY 2026 Amended 2/25/2026 FY 2026 Capital Budget Capital Budget !WASTEWATER STATIONS REHABILITATION (Project # 20619) 5 38.887.408 30 (1.424.311 84) $ 37,463,096.46 WATER MAN REPLACEMENT-DADE BLVD (Protect # 64132) 6.491,228 00 1,424,311 84 7,915.539 84 CITYWIDE SEAWALL REHAB (Project # 29020) 20.900,000 00 (1,182,025 60) 19.717.974 40 STORMWATER OUTFALLS WATR OLTY NdPRV (Project # 29820) 2.844.045.97 1,182.025 60 4,026.071 57 5TH & ALTON GARAGE STORMWATER WELL (Project # 66522) 67,000 00 (21,000 00) 46,000 00 5TH & ALTON ROOF DECK WATERPROOFING (Project # 68823) 920,000 00 (3,000,00) 917,000 00 5TH & ALTON CCTV UPGRADES (Project # 68723) 103.405.00 24.000.00 127.405.DO 5TH & ALTON EXTERIOR WATERPROOFING (Project # NEW) - 285.000.00 285.000.00 ORCHARD PARK TRAFFIC CALMING (Project # 62322) 1,837,928.98 (1,330,394 10) 507,534.88 BAYSHORE NEIGH. TRAFFIC CALMING 1A (Project # 20118) 2,521,564,80 1,330,394A0 3,851,958.90 BAY DRIVE NEIGHBORHOOD GREENWAY (Project # 60257) 100.000.00 (100.000.00) NORMANDY ISLE NEIGHBORHOOD TRAFFIC (Project # 65725) 1,822,697.72 100,000.DO 1.922.697 72 HAWTHORNE AVENUE NEIGHBORHOOD GRNWY (Project # 22923) 157,000.00 (157.000,00) iMB SENIOR HIGH PEDESTRIAN ENHNCMNTS 1,388,003.85 (74.000 DO) 1,314,003.85 # 21524 CfrYWIDE RAISED CROSSWALS & INTRSEC (Project # 62424) 124.000.00 231.000 00 355,000 DO GO #31 OCEAN DRIVE TRANCHE 2 (Project # 27319-NEW) 1.549.000.00 18,451,000.00 20,000,000.00 #34 ABOVE GROUND IMPROV - SOUTH PONTE - TRANCHE 2 IGO # 2751 9-NEW) 1,112.ODO.00 9,000,000,00 10,112,000.00 �(Project GO #34 ABOVE GROUND IMPROV - TOWN CTR - TRANCHE 2 (Project # 27519-NEW GO AM WASH14GTON AVE. CORRIDOR - TRANCHE 2 (Project # 397,616.00 9,602.384 00 10,000,000.00 27719-NEW GO tt37 SIDEWALKS FY26 - TRANCHE 2 (Project # 24619-65419) 7,460,066.00 5.539.934 00 13.000,000,00 GO #38 STREETS - FY26 - TRANCHE 2 (Project # 27819-24719) 14,400,000 00 15,600,000,00 30,000.000,00 GO #40 41ST ST CORRIDOR - TRANCHE 2 (Project # 28019-NEW) 2.999.344.00 12,468.682,00 15,468,026.00 GO #43 ALTON RD SHARED USE PATH - TRANCHE 2 (Project # 68619-NEW) 3.662,154 00 2.620.000 00 6.282.154 00 GO #43 BIKE LANES & SHARED USE PATH - TRANCHE 2 (Project At 68619-NEW GO 944 NORTH SHORE NEIGHBORHOOD - TRANCHE 2 (Project # 8,000,000.00 8 000 000 00 28219-NEW RAINBOW CROSSWALK LUMMUS PARK (Project # NEW) 120 000 00 00 1 120,000.00 Note: 1.) $1,424.311-84 of funding will be transferred to the Water Main Replacement -Dade Blvd project (#64132) from the following project: a. Wastewater Stations Rehabilitation (Protect# 20619) - $1,424.311,84 2.) $t, t 82.025.60 of funding will be transferred to the Stomrwater Outfalls Water Quality improvements project (#29820) from the following project a. Citywide Seawall Rehabilitation (Project# 29020) - $1,182,025 60 3.) $24.000 of funding will be transferred to the e & Alton CCTV Upgrades project (068723) from the folk>wirng projects. a. 5" & Alton Garage Stommwater We l (Protect# 66522) - $21.000 b. 5r' & Alton Roof Deck Waterproofing (Project# 68823) - $3,000 4 ) $1.330,394.10 of funding will be transferred to the Bayshore Neighborhood Traffic Calming to project (#20118) from the following projects a Orchard Park Traffic Calming (Project# 62322) - $1.330,394 10 5.) $100.000 of funding will be transferred to the Normandy We Neighborhood Traffic Calming project (#65725) from the following project: a. Bay Drive Neighborhood Greenway (Project# 60257) $100,000 6.) $231,000 of funding will be transferred to the Citywide Raised Crosswalks & Intersections project (962424) to the following project: a. Hawthorne Avenue Neighborhood Greerway (Project# 22923) - $157,000 b. Miam Beach Senior High Pedestrian Enhancements (Project# 21524) $74,000 795 of 1589 BUDGETATTACHMENT 8 SO4JRCE OF FUNDS AMENDED 212!W2026 Amended fee.. faced Funding Source FY 2026 Amended 2f2S/2026 FY 2020 Ca dal Bud et Caprial Bud t Transportation Fund S - 1.495 9M 00 S 1 495,900 00 Rssil-cy Fund 7 478.030 00 - 747803000 Capital Renewal 6 Replacement 5 936 3814.00 - 5.036 384 00 Tree Preservatpn Trust Fund 110.000 00 - 110 000 00 North Beach Public Benefits 147 343 00 - 147 34300 7th Street Garage 1 020 000 00 1 020 000 DO Art , n Public Places 7500000 - 75.000 DO Fees In Lieu of Parking 2022.19700 - 2.022. 19700 Concunency Management 6 Mobility Fee 1.25877300 - 1.258. 773 00 ConcuRMCy MMgabon Fund (161 ODD 00) 1 238 900 001 11.399. 900. 001 RDA City Center Rene.vl 6 Replecen+enf 360.627 00 - 360.827 00 Local OPtron Gas To. t800.000 00) - (600 000 001 Had Cam Transit Surtax -County - (157 000 00) t 157 DOO.00) Capital Projects Financed By Other Funds 1 062 872.00 - 1 062.872 00 Pay As You Go - Capital Fund 31 775. 39800 120.000 00 31.895 39800 Capital Reserve 4 VIM, 928 00 - 4,900,928 00 Resort Tax - South Beads 2335 336 00 - 2. 335.336.00 Resort Tax - hard Beach 3 170.115 00 - 3. 170. 115.00 Resort Tax - North Beach 3488,26400 - 3,488.264 00 2015 Resort Tax Revenue Bonds 2.613. 563.00 - 2,613.583.00 RDA Series 201 5A 1.D04.788 00 - 1.004. 78800 City Canter RDA Capnai Fund 1 022.374 00 - 1.022 374 00 1992 GO Bonds Neighborhood imp,-nents a65 00 - 465 00 2003 GO Bonds Flo Safety 22 946 00 - 2294600 2003 GO Bonds Parks 6 Roc 13.011 00 - 13.011 DO 2003 GO Bonds Neighborhoods 16 685 00 (100 000 00) (33 11500 South Polite Capital 2. 776 00 - 2. 776 DO 2019 GO Bonds - Nerghbonh00ds 6 Infrastructume 75.748 00 - 76.748 00 2023A Art Cultural 6 Facilities GOB Tax-E,ampt 1.845.789 00 - 1.845.789 00 2023B Art, Cultural. d Fookbes GOB Taxable 400.000 00 - 400.000 00 2025 GO Bonds - Neighborhoods 8 rnfre.tructve - 81. 282.000 00 81 282 000 00 2025 Water d Sewer Bonds 584.798 54 - 584.798 54 Water 8 Se-e, Capital P Pacts funded from Operations t8 124 75746 - 18. 124 757 46 2017 Water 8 Sewer Bonds 3 717 721 00 3. 717 721 00 Wale, b Sewer Bond Sane. 2010 83500 93500 Water 6 Sewer rr'pact Fees 3" 777 00 - 353 77700 Gulf Breeze 2006 522700 - 5 227 00 2000 Water 8 Sewer Batas 21.610 00 - 21 610 DO Storm niter Projects - MOC LA 288,952 00 - 288 952 00 Storm Water Capital not Bonds 1-297.300 00 - 1.297,300 00 Convention Center Operating Fund 11 308.739 DO - 11 308 739 00 Convention Center Rer»wal 8 Replacement 14S3.00000 - 1_453,000 00 RDA Garages 500.000 00 - 500.000 00 Penn Garage Fund 900.000 00 - 900.000 00 RDA Collins Garage Operations 500.000 00 - Soo 000 00 1988 Debt Service Construct- 122 430 00 - 122.43000 2010 Parrong Bonds 545,935 00 - 545 935 00 2015 Puking Revenue Bonds 113 2S6 00 - 113 256 00 P. *.,g Capital not Bonds 28 674,438 00 285.000 00 28.959 438 00 9,587 800 00 9,587 800.00 Fleet µsnagement Communications 105.000 00 - 105 000 00 405 208 rr S 81 687 000 r.092208,00 Note 1 I S1 424.311 84 of funding will be transferred to the Water Main Replacement -Dade Blvd protect (064132) from One fotlowtrg protect a Wastewater Stations Rehabddatio i (Potecta 206191 - $1 424,311 84 2 ! $1, 182. 025 60 of funding wMf be transferred to the 5torm,vater Outfalls Water Quality Irrprovenents protect 1#29820) from the foMowing protect a. Crif-de Seavoh Rehabilitation (Protecto 290201 - $1 182,025.80 3 I $24,000 of funding w9l be transferred to the 5x' 6 Mon CCTV Upgrades Project (e66723) from the folbvng protects a 5i" d Alton Garage Slormnjster Wean tProlocte 66522) - 221.000 b 5' 6 Mon Roof Deck vv&terVPofng (Projector 888231 - S3 000 Sl 330 3" 10 of funding .01 be transferred 1e the Bayshore Neighborhood Traffic Corning to project (0201181 from 9ne fdbwng Projects a Orchard Park Traffic Calming IPojecte 623221 - S1.330 394 10 5 15100,D00 of funding win be transferred to fire N ornendy tole Naighbornood Traffic Calming protect (s65725) hom the foocrA" protect a Bay Drive Neighborhood Graennay iProjecta 80257) - S100.D00 8 i 2231.000 of funding wet be transferred to the Crtyvade Raisedj'«�asyBjDa�r ecbans project 11M624241 from the tWowng propels a Ho.0- Avenue Nagllbwhood Greenwy (Pojeeta 229 b Mans Beach Senior High Pedestrian Enhancements (Projects 21524) - $74 000 FY ATTACHMENT C PROGRAMS Amended Revised Program Area FY 2026 Amended 212512026 FY 2026 Capital Budget Capital Budget Art in Public Places S 75,000,00 $ - $ 75,000 00 Bridges 600.000.00 600,000.00 Community Centers 2,995,789.00 2.995.789.00 Convention Center 16,380,110.00 16.380.110.00 Cultural Services 400,000-00 400.000.00 Environmental 470.000 00 470,000.00 Equipment 12,910,291,00 12,910.291,00 General Public Buildings 30,995,860.00 30,995,860.00 Goff Courses 3.494.000,00 3.494,000 00 Monuments 133,000 00 133.000,00 Parking 11,808.23600 285,000-00 12,093,236.00 Parks 27,629,840.00 120.000.00 27,749,640.00 Seawalls 8,322,374.00 (1,182,025,60) 7.140,348,40 Streets/Sidewalks/Streetscapes Improvements 5,094,163.00 60,211,000.00 65,305,163 00 Transit/ Transportation 582,773,00 21,071,000.00 21,653,773.00 Utilities 27,513,772.00 1,182,025.60 28.695.797.60 Note. 1 ) 51,424,311,84 of funding will be transferred to the Water Main Replacement -Dade Blvd project (111164132) from the following project a Wastewater Stations Rehabilitation (Project# 20619) - 51,424,311.84 2.) $1,182.025,60 of funding will be transferred to the Storrnwater Outfalls Water Quality kprovements project (#29820) from the following project a Citywide Seawall Rehabilitation (Project# 29020) - $1.182.025.60 3.) $24,000 of funding will be transferred to the 51h & Alton CCTV Upgrades project (#68723) from the following projects: a. 5r' & Alton Garage Stormwater Well (Project# 66522) - $21,000 b. 51" & Alton Roof Deck Waterproofing (Project# 68823) - $3,000 4_) $1.330,394 10 of funding will be transferred to the Bayshore Neighborhood Traffic Calmng to project (#20118) from the following projects a. Orchard Park Traffic Calming (Project# 62322) - $1,330.394 10 5 ) $100,000 of funding will be transferred to the Normandy Isle Neighborhood Traffic Calming project (#65725) from the following project. a Bay Drive Neighborhood Greenway (Project# 60257) - $100,000 6.) $231,000 of funding will be transferred to the Citywide Raised Crosswalks & Intersections project (#62424) from the following projects a. Hawthorne Avenue Neighborhood Greenway (Project# 22923) - $157,000 b Miam Beach Senior High Pedestnan Enhancements (Projec# 21524) - $74.000 797 of 1589