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2004-25564 Reso RESOLUTION NO. 2004-25564 A RESOLUTION OF THE MAYOR AND COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE CITY OF MIAMI BEACH CAPITAL PROJECT LIST AND PRIORITIES FOR INCLUSION IN THE MIAMI.DADE COUNTY 2004 GENERAL OBLIGATION BOND PROGRAM. WHEREAS, Miami-Dade County has determined to submit a question to the voters of the County in November 2004 requesting authorization for a General Obligation Bond to finance capital projects; and WHEREAS, Miami-Dade County is soliciting lists of eligible capital projects from each of the respective communities in the County; and WHEREAS, the City of Miami Beach, as a regional destination, has significant capital project needs, both of a regional and local nature, that appropriately should be included in a Countywide Capital Improvement Program. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the attached list of Capital Projects and priorities, both of a regional and of a local nature, attached and incorporated as Exhibit "AU to this Resolution, are hereby approved and the Administration is directed to forward same to Miami-Dade County for inclusion in the 2004 General Obligation Bond Program. PASSED and ADOPTED this 5th day of A~:T~ f~~ ~TY CLERK ,2004. F:lcmgr\$ALL IBOBlcountygobondreso.doc APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION 1{{ ~ L) - I~-dlt vi '?t ... -~ ... 2004 Bond Program Building Better Communities Municipal Projects Municipality: City of Miami Beach Contact Person Length of Time from Design to Construction Regional or Local Impact * Priority Leverage Source GOB Requested Amount tOOO's) Total Project Costs (OOO's\ Project Description Project Name Ongoing Regional 1 Federal State Repair of erosion hot spots with sustainable solutions based upon previous demonstration projects, as well as periodic renourishing of sand from appropriate resources. Beach Renourishment 24 months Regional 1 Federal Local 15.000 15,000 Creation of inland waterway path along Indian Creek from 23 Street to Lake Pancoast to 54th Street to serve as a North/South connection node in the City's Bicycle/Pedestrian Master Plan; Project includes dredging, derelict vessel removal, and marine life and benthic surveys. Indian Creek Greenway 24 months Regional 1 Local 5,000 10,000 Three acre expansion and renovation of current park, native plant renovation/exotic removal, refurbishment of recreational facilities, and creation of cruise view vistas in South Pointe Park. South Pointe Park 24 months Regional 1 Local 6,000 6,000 Renovation of the historic Miami Beach Patrol HQ Building and Auditorium in Lummus Park, home of the Miami Design Preservation League and the Regional Art Deco and WWII Memorial Visitor Center. Art Deco Visitor Center & Museum (10th Street Auditorium) 12 months Regional 1 State Local 3,000 4,000 mprovements to the 26.34-acre regional park per Parks Master Plan. Elements include: beach volleyball and soccer area; resurfacing of serpentine walk; widening of sidewalk along Ocean Drive; 2 new tot lots; new playground; signage; landscaping; irrigation; uplighting. New restrooms building at 14th Street w/out concession and restored restroom at 6th Street; Lummus Park (305) 375-2713 (305) 375-5310 e-mail: guiterrez@miamidade.gov Page 1 of 4 Regional * One priority designation per project. Please return to Ana Gutierrez, 2004 Bond Program Building Better Communities Municipal Projects Length of Time from Design to Construction Regional or Local . Priority Leverage Source Contact Person: GOB Requested Amount 1000's) Total Project Costs 1000's\ Municipality: City of Miami Beach Description Project Project Name 12 months Impact Regional 1 3.000 3,000 Renovation of historic band shell and surrounding park, which is on the beach walk corridor. Band Shell Park 12 months Regional 1 Federal State Local 500 3.000 Phase IV of the total project is the creation of facility to house County park operations. North Shore Open Space Park Maintenance Facility 12 months Regional 1 State Local 1,500 2.000 3,000 2.000 Creation of new open space coastal park in historic district. Renovation of the historic Old City Hal Washington Avenue. on Altos Del Mar Park 6 months Regional 1 Old City Hal North Shore Open Space Park Nature Center 12 months 6 months Regional Regional 1 Local 500 500 1 500 1.120 1 Construction of New Nature Center Ongoing renovations of public parking lots. Requested amount for beach front surface lots Surface Lot Renovations 18 months Regional 1 600 600 Construction of New Cart Barn Renovation of existing North Beach Library to meet MDPLS OperatinQ Standards. Club Miami Beach Golf NA 12 months Regional Regional 2 2 Local NA 7.000 NA 15,000 Oceanside recreational trail from 87th Street to First Street and north on the bays ide to 5th Street; Connections to the Loews & Royal Palm Convention Center Hotels; pedestrian, bike and other Non motorized travel. (To compete with Ft. Lauderdale and Hollywood boardwalks) North Shore Library BeachwalklBaywalk (305) 375-2713 (305) 375-5310 e-mail: guiterrez@miamidade.gov Page 2 of 4 Regional . One priority designation per project. Please return to Ana Gutierrez, 2004 Bond Program Building Better Communities Municipal Projects Length of Time from Design to Construction Regional or Local . Priority Leverage Source Contact Person GOB Requested Amount fOOO's) Total Project Costs fOOO's) Miami Beach Municipality: City of Description Project Project Name 12 months Impact Regional 2 12,780 12,780 Ongoing Regional 2 Local 5,000 8,000 Construction of new parking garage behind City Hall (Town Center Park component) to support New World Symphony, Convention center, and Lincoln Road. To protect both the shore and the endangered Shoreline Stabilization submerged sovereign lands of Biscayne Bay National Park. Renovation of Regional Park. New Town Center-- West Garage Expansion (City Hall) 30 months Reaional 2 Local Federal State Local 3,000 7,400 Flaminco Park Clean up, surveying and dredging of inlands canals on the City of Miami Beach in order to improve stormwater flows and Biscayne Bay water quality. Creation of adaptable performing arts theater and consortium for local arts groups. Phase I & I funded 8 months 6 months Regional Regional 2 2 Local 3,790 4,000 1.000 6,400 5,000 1.000 Historic Renovation and Addition Colony Theater Canal Cleanup/Dredging Byron Carlyle Theater Phase III 6 months Regional 2 entrance to To provide safe and ADA compliant public beaches. Citywide ADA Beach Access Ongoing Regional 2 500 500 To create and install compliant wayfinding signage to assist visitors and residents. 12 months 36 months 12 months Regional Regiona Regional 2 3 3 Local Local 100 15,000 10.000 150 15,000 10.000 Demolition of asphalt surface lots and creation of open space town center park with public broadcast system. (Project includes 45,000,000 private facility investment.) Completion of Arata Isozaki vision and expansion of this world renown museum Citywide Signage Plan, Entrance Signage Town Center Park (Sound Space Facility/New World Symphony NWS) Bass Museum of Art Phase II (305) 375-2713 (305) 375-5310 e-mail: guiterrez@miamidade.gov Page 3 of 4 Regional . One priority designation per project. Please return to Ana Gutierrez, 2004 Bond Program Building Better Communities Municipal Projects Length of Time from Design to Construction Regional or Local . Priority Leverage Source Contact Person GOB Requested Amount (OOO's) Total Project Costs (OOO's) Municipality: City of Miami Beach Project Description Project Name 12 months Impact Regional 3 6,000 6,000 Phase II improvements create rare botanical environment to complement Holocaust Memorial, Gerhy Park and adjacent Convention Center Expansion. Phase 1: Complete. Phase I Miami Beach Botanical Garden Replacement of sub aqueous force main; Installation of sidewalks, curb, gutter and lighting. To construct eight ADA compliant, beachfront Venetian Causeway Master Plan Phase I 48 months (305) 375-2713 (305) 375-5310 e-mail: guiterrez@miamidade.gov 6 months 15 months Regional Regional Reaional 3 3 3 Local Local County 2.000 000 2000 1 3,000 2.000 Page 4 of 4 Regional 000 sland Monument restrooms. Restoration of . One priority designation per project. Please return to Ana Gutierrez, Beachfront Restrooms Monument Island 2004 Bond Program Building Better Communities Municipal Projects Length of Time from Design to Construction Regional or Local . Priority Leverage Source Person: GOB Requested Amount (ODD's) Contact Total Project Costs lOOO's) Miami Beach Municipality:City of Project Description Project Name 8 months Impact Local State Local 000 1 5,000 New Construction of new and renovated fire facilities and a Category Five Emergency Ooeration Center Fire Station # 2 EOC 48 months Local Local 30,000 78.000 Rehabilitation and/or replacement of Infrastructure in Priority Stormwater Basins currently in scope of Right-of-Way Infrastructure mprovement Program, but not fully funded Neighborhood Stormwater mprovements 48 months 48 months Local Local Local 55,000 7,850 55,000 262 31 48 months Local 27,679 27,679 Rehabilitation and/or replacement of Infrastructure in Priority Stormwater Basins not currently in scope of Right-of-Way Infrastructure Improvement Program Rehabilitation and/or replacement of Priority Water and Sewer Lines currently in scope of Right-of-Way Infrastructure Improvement Program, but not fully funded Rehabilitation and/or replacement of Priority Water and Sewer Lines not currently in scope of Right-of-Way Infrastructure Improvement Program Neighborhood Stormwater mprovements Neighborhood Water and Sewer mprovements Neighborhood Water and Sewer mprovements 12 months Local Local 2.000 8,000 Construction of a new 400-space multi-level parking garage at 43rd Street between Collins Avenue and Indian Creek Drive. Garage will be fully ADA compliant. Parking capacity to meet the needs of hotels south of the Fontainebleau Collins Avenue Parking Project (305) 375-2713 (305) 375-5310 e-mail: guiterrez@miamidade.gov Page 1 of6 Local . One priority designation per project. Please return to Ana Gutierrez, 2004 Bond Program Building Better Communities Municipal Projects Length of Time from Design to Construction Regional or Local . Priority Leverage Source Contact Person GOB Requested Amount (OOO's) Total Project Costs (OOO's) Miami Beach Municipality:City of Project Description Project Name 18 months Impact Local Local 2.040 6,000 Elevate Entire Course, Re-Build Bunkers, Re- grass Fairways, Continuous Cart Path, Upgrade Irrigation System for Pas Palum, Pas Palum Grass, Laser Grade Tees 48 months Local 5.600 5,600 improvements to meet 5-year level nstallation of landscape and signage Enhancements. 12 months 36 months 12 months 4 months 18 months 12 months 24 months Stormwater Local Local Local Local Local Local Local Local 4,100 3,738 Local Local Local Local 5.000 3,738 600 500 900 500 2.346 Acorn lighting, valley gutters, narrowing of roads, pavers, intersection improvements 3,300 3,000 1 2.700 2.500 2.346 Demolition of condemned Fire Station and constructipn of a new Fire Station Addition of lighting, landscape, street pavers, expansion of sidewalks and artistic tile work. Structural repair of bridge. Sidewalk, Curb/gutter, Regrading, Lighting, Landscaping, Irrigation, Water feature, street furniture Water Infrastructure Upgrade to provide Fire Flow to hotels and new condos. Lake Pancoast Overlook, Indian Creek Greenway Overlooks, Miami Beach Drive Promenade Restoration, Landscaping Normandy Shores Golf Course West Avenue Stormwater Improvements Alton Road Corridor Enhancements Bayshore Neighborhood Improvements - Central Bavshore Fire Station # 4 41 st Street Phase II Bridge Repair/Restoration Collins Park Collins Avenue Waterline Oceanfront Neighborhood mprovements (305) 375-2713 (305) 375-5310 e-mail: guiterrez@miamidade.gov Page 2 of 6 Local . One priority designation per project. Please return to Ana Gutierrez, 2004 Bond Program Building Better Communities Municipal Projects Length of Time from Design to Construction Regional or Local * Leverage I Priority Source Contact Person: GOB Requested Amount (OOO's\ Total Project Costs (OOO's) Municipality:City of Miami Beach Description Project Project Name 12 months 12 months Impact Local Local Local 500 2.000 1 2.000 2,000 8 months Local 2,000 2.000 12 months Local Local County 500 2,000 County's structural stabilization and realigning of 23rd Street/Dade Boulevard ROW to Collins Avenue will result in necessary improvement on City ROWs leading to Bass Museum, Miami City Ballet, Regional Library, Collins Park and 21st Street Beach, Construction of a new facility to meet the demands of the future North Beach area. GIS Fire Prevention System and Information Database Management System to monitor and prevent nightclub and other mass entertainment venue and dense multi-family area fire safety violations and issues. The City has a City-wide curb ramp plan that addresses City-controlled streets and divides the City into 12 phases, starting from south to north The City has iust com Dieted Phase VI 23rd Street Bridge North Beach Parking Structure Fire Department Capital Needs Citywide ADA Sidewalk Curb Cut Plan Pedestrian level lighting, street signage, andscaping 24 months Local 828 1 828 1 Lighting, Improvements to reclaimed road ends, additional parking, valley gutters 12 months 24 months Local Local Local 799 300 1 799 1,600 1 Renovation to Community Center, including improvements to backbone systems (HVAC, Elevator, Fire), structural upgrades, exterior 'morovements Nautilus Neighborhood Improvements Normandy Shores Neighborhood Improvements South Shore Community Center (305) 375-2713 (305) 375-5310 e-mail: guiterrez@miamidade.gov Page 3 of 6 Loca * One priority designation per project. Please return to Ana Gutierrez, 2004 Bond Program Building Better Communities Municipal Projects Length of Time from Design to Construction Regional or Local . Priority Contact Person GOB Requested I Leverage Amount Source lOOO's) Total Project Costs 1900's) Miami Beach Municipality:City of Project Description Project Name 12 months Impact Local Local 500 500 1 Addition of lighting, landscape and surface renovation to 21st Street Parking Lot, Regional Libra-'YL Bass Museum. Miami City Ballet. Collins Park Streetscape 12 months Local 097 047 1 1 24 months Loca 097 047 1 1 Signage, Lighting, Brick Pavers, Traffic Calming 8 months Local 000 1 000 North IAcorn lighting, landscaping, parking Equipment designed for public safety monitoring and surveillance. Including new electronic dispatch and wireless internet file retrieval system. Beach Patrol Capital Needs Normandy Isle Neighborhood Improvements Bayshore Neighborhood Improvements Bay Road 3 months Local Local 526 900 COUNTY ROW: La Gorce/Pine Tree nstallation of up-lighting in new center medians Median Improvementslfor traffic calming and safety per years of resident (designed) requests. 18 months Local 806 806 Streetscape/Pavers, Landscaping, Lighting, benches, fountain repair, pedestrian easements to waterway 24 months Local 670 670 Decorative Crosswalks, landscaping, entry featu res Palm Island Neighborhood Improvements Venetian Island Neighborhood mprovements (305) 375-2713 (305) 375-5310 e-mail: guiterrez@miamidade.gov Page 4 of 6 Local . One priority designation per project. Please return to Ana Gutierrez, 2004 Bond Program Building Better Communities Municipal Projects Length of Time from Design to Construction Regional or Local . Priority Leverage Source Contact Person GOB Requested Amount fOOO's) Total Project Costs LOOO's) Miami Beach Municipality:City of Description Project Project Name La Gorce Neighborhood Improvements North Shore Park and IOutdoor basketball courts, Playground Youth Center Equipment, Pavilions, Up-lighting Equipment designed for public safety in South Beach pedestrian tourism areas. Equipment includes terrorism protective, field force, taser radar, digital camera, crime analyst and storefront surveillance set ups, and bicycles. Replace tools and small equipment for extra/tourist related Sanitation services for the South Beach area. Reduction of Travel Lane width on 16th Street, Median Landscape "Gateway" on 15th Street between Alton Road and Meridian Avenue; Reduction of lane width on 12th Street 12 months Impact Local Local 200 640 Renovation of Soccer Field, Multi-Purpose Courts, Fencing, Walkways, Parking, Tot Lot, Park Ljg!1tin~ Irrigation, Landscaping Normandy Isle Park 12 months 3 months 3 months 6 months Local Local Local Loca Local 609 530 250 500 609 530 500 500 street signage lighting level Pedestrian Police Department Capital Needs South Beach Service Team Equipment 9 months Local 500 500 Flamingo Neighborhood mprovements 12 months Local 438 438 12 months Local 347 347 Edge Treatment Plaza at Tower, Interpretive Signage, Landscaping, Lighting Pavement Bayshore Neighborhood Improvements - Sunset Islands Star Island Neighborhood mprovements (305) 375-2713 (305) 375-5310 e-mail: guiterrez@miamidade.gov Page 5 of 6 Local . One priority designation per project. Please return to Ana Gutierrez, 2004 Bond Program Building Better Communities Municipal Projects Length of Time from Design to Construction Regional or Local . Priority Contact Person GOB Requested I Leverage Amount Source (OOO's) Total Project Costs (OOO's) Municipality:City of Miami Beach Project Description Project Name 6 months Impact Local 310 310 Landscaping, traffic claming, Pedestrian level lighting, paving, re-striping, signage, sidewalk reoair North Shore Neighborhood mprovements 6 months Local 301 301 Brick Pavers at Biscayne Point Island Entry, and the following intersections: Fowler/Daytonia, Fowler/S. Biscayne Pointe, N. Biscayne Point/Cecil, and Cleveland/Cecil; Improvements at South Biscayne Point Drive and Daytonia to restrict vehicular access to "pocket park" Biscayne Pointe Neighborhood mprovements 24 months 18 months 9 months Local Local Local 200 177 150 200 150 177 Renovation of original settler's fountain and historic signage. Streetscape/Alley repair, landscaping, lighting waterfront promenade Creation of an entrance feature for the City's Recreational Corridor/BeachwalklBaywalk 20th Street and Alton Road Fountain Hibiscus Island Neiahborhood Allison Park (305) 375-2713 (305) 375-5310 e-mail: guiterrez@miamidade.gov Page 6 of 6 Local . One priority designation per project. Please return to Ana Gutierrez, 2004 BOND PROGRAM BUILDING BETTER ..COMMUNITIES .~ .< ....l \) )--'. ./' ./ '" 2004 GEN ~~~'~3,,1::;O:,;::;~1'!'~J.~:rj.'.Mi;:;~I:i'C.\;1-'::J";1~$~$;::;~:,1',~~;::~~~-'fi,~~:,:<<;'E':,:'l;Jr~'1:l\~:'::.-;' ' r'"'" "'. · Ie{ 1'\ d ~ ^."'t ,"" ()N What Is a General Obligation Bond Program? A General Obligation Bond Program is a way to finance government capital improvement projects. With voters' approval, Miami-Dade County would be able to issue long-term bonds to fund new construction, renovations and expand facilities. These quality of life improvements would serve residents for many generations to come much like the 1972 Decade of Progress bond program that funded much of Miami-Dade County's existing infrastructure over the past 30 years including MetroZoo, libraries and road improvements. Will a General Obligation Bond Program require higher tax..? The new bond program would not require an increase to the tax rate. While future taxes would be used to repay the bonds, the millage rate now budgeted for repayment of the Decade of Progress bonds, other general obligation debt, and a temporary emergency contingency reserve would be sufficient to cover debt service on a new bond program. (The County currently earmarks .105 mills for an emergency contingency reserve. Once this reserve is fully fund- ed, the .105 mills would be added to the current .285 countywide debt service rate bringing the total debt service rate to .390 mills. This represents no increase in the tax rate.) What type of projects ,i ~~f~;:' that are aimed at building better communities throughout Miami- Dade. It is expected that projects selected for bond funding would fulfill a multitude of needs including: Keeping the Community Safe. To maintain a low rate of crime and a higher level of personal safety, we must consider the need for expanded and new public safety facilities and equipment including police, courts and jails. Preserving Our Resources. Our natural resources are critical to our quality of life. Improvements to protect our water supply for future generations, beach restoration, better drainage and funding to address other environmental concerns are important to our quality of life. Sustaining a Healthy Community. Public health facilities and affordable housing are critical to the II\IeIl being of our residents. Accessing Services. Expanded community centers in convenient locations would provide better access to County services for all residents. Technology investments could significantly improve the delivery of services and make more services available online 24 hours a day. Enjoying Arts, Culture and Recreation. Parks, museums, libraries, MetroZoo and other community recreational facilities enrich our lifestyle and playa vital role in tourism, the County's number one industry. Neighborhood Improvements. The bond program could provide additional funds for much needed neighborhood projects including more traffic signals, sidewalk repairs, and expanded bikeways. Creating and Retaining Jobs. Adequate infrastructure is critical for economic development. Expansion of our water and sell\ler system, for example, would provide new opportunities for business development in older urban neighborhoods as II\IeIl as nell\ler areas. Also, bond proceeds could be used to fund infrastructure improvements to induce new business to locate in Miami-Dade County. How much would It Q c;..C:-Je~=-~~r~ress A bonds and other general .. obligation bonds are retired over the next 40 years, new debt will be issued. The cost of the new bond program would be an average of less than 50-cents a week on the average home (valued at $127,000 in 2004). ...ID How will the County decld. what projects to Inelud. In a new bond program? A series of town meetings are being held throughout Miami-Dade County to hear from residents on their priorities. All residents are being encouraged to voice their opinion by attending the town meetings and communicating with County officials. Meeting schedules are being published in local newspapers and can be found on the County's website. Those with computer access can provide input at www.miamidade.Qov/bond2004 by answering the online questionnaire. Following the town meetings, the County Manager will compile a list of recommended projects to be submitted to the Board of County Commissioners. The Commission has the final authority in deciding what projects will be included in the bond program to be presented to voters as referendum question(s) on the November 2, 2004 General Election ballot. How can vote... be sure bond dollars will be spent on the projects they approved In the bond referendum? Bond funds can only be used on projects included in the bond program approved by voters. The project list will be finalized in July 2004 prior to the November election. What will happen If Miami-Dad. ....Id.nts vote NO for a n.w bond program? Many of the improvement projects that affect residents' quality of life will not happen. Further postponement of critical projects could lead to higher costs in the future. Much of the infrastructure in the County today-from MetroZoo and parks to our water and sewer systems and traffic' improvements- was built with bond funds from the 1972 Decade of Progress bond program. It's hard to imagine the County without these projects. Who can vote on the Q bond Issu.? . All Miami-Dade County A voters registered in time who cast a ballot in the November 2, 2004 General Election. If the bond program Q Is approved by vote... In Nov.mber, A wh.n would the o . community see the Improv.m.nts? Work on the projects would begin immediately while the bonds would be repaid over a 40-year time- period. The community improvements would be seen over the next few years and would continue for approximately 10-15 years. ~"~:" '::~~~:',';!,;r:?iZ/-:~"',;'I:'Jli"':;~,1:;','::'\~~y::r.::':.l":;'::;rr"2i""TI'':'S7.i<:r;.tr:~~-.;::~'T~;f";:2ilir,:'~~G:'_:'-: ,. ',-"'" :~:'DADEt Alex Penelas Mayor Board of County Commissioners Barbara Carey-Shuler, Ed.D, Chairperson Katy Sorenson, Vice Chairperson Betty T. Ferguson Katy Sorenson District 1 District 8 Dorrin D. Rolle Dennis C. Moss District 2 District 9 Barbara Carey-Shuler, Ed.D. Sen. Javier D. Souto District 3 District 10 Sally A. Heyman Joe A. Martinez District 4 District 11 Bruno A. Barreiro Jose "Pepe" Diaz D~tr~t5 D~mct12 Rebeca Sosa Natacha Seijas District 6 District 13 Jimmy L. Morales District 7 Harvey Ruvin Clerk of Courts George M. Burgess County Manager RobertA. Ginsburg County Attorney Miami-Dade County provides equal access and equal opportunity in employment and services and does not discriminate on the basis of disability. CITY OF MIAMI BEACH COMMISSION ITEM SUMMARY m Condensed Title: A Resolution approving the City's Capital Project List for inclusion in the Miami-Dade County 2004 General Obligation Bond Program. Issue: What projects and assigned priorities should be conveyed to Miami-Dade County for inclusion in the 2004 General Obligation Bond Program? Item Summary/Recommendation: Miami-Dade County is in the process of organizing a project list to submit to voters in November 2004 for a General Obligation Bond to fund capital projects. At this time, the County is expecting to raise between $1.6 and $1.8 billion if voter approval is given. Each of the communities in the County have been asked to submit a list of capital projects that might be included in the General Obligation Bond submitted to the voters. The County has asked for projects of regional interest which might be specifically listed on a ballot question as well as projects of local interest for which some allocation or partial funding may be included in the ballot question. The attached list identifies a number of capital projects both of regional and local interest for the City of Miami Beach. This list has been reviewed on a preliminary basis by the Finance and Citywide Projects Committee. Specific Commission attention should be directed to the projects listed as well as the assigned priority. The project list will be submitted to the County. The County Commission will make a final determination of which items shall be submitted to the voters for approval in November. Advisory Board Recommendation: I Financial Information: Source of Funds: D Finance Dept. Ci Clerk's Office Le islative Trackin Robert C. Middaugh F:\cmgr\$ALL \BOB\countygobondsum.doc AGENDA ITEM DATE R 7 (,.- 5"~ s:-o <( CITY OF MIAMI BEACH m CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 www.miamibeachfl.gov COMMISSION MEMORANDUM To: Mayor David Dermer and Members of the City Commission Date: May 5, 2004 From: A RESOLUTION OF THE MAYOR AND CI COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE CITY OF MIAMI BEACH CAPITAL PROJECT LIST AND PRIORITIES FOR INCLUSION IN THE MIAMI-DADE COUNTY 2004 GENERAL OBLIGATION BOND PROGRAM. ADMINISTRATION RECOMMENDATION Subject: Adopt the Resolution. ANALYSIS Miami-Dade County is organizing information to present to the voters in November 2004, regarding a General Obligation Bond, to fund various capital projects. At the present time, the County believes that between $1.6 and $1.8 billion dollars in projects will be requested from the voters in the November election. The County has undertaken some outreach efforts among the different communities to identify potential projects to propose to the voters. Attached is a piece of informational material developed by Miami-Dade County relative to the General Obligation Bond and also identifying the categories in which the County is anticipating projects to be funded. In discussions with officials of Miami-Dade County, it appears at this point in time that there will be a list of regional interest projects that will be placed on the November ballot for specific voter approval. As the Commission is aware, by agreement with Miami-Dade County, the Convention Center expansion would be one of the identified projects on the ballot question. Other projects of regional interest in Miami Beach also are eligible to be listed. In addition to the regional interest projects, there has been some discussion on either an allocation or some other type of listing of projects or project funding for communities to be placed on the agenda. This may take the form of a percentage allocation for eligible community projects but has yet to be finally determined or formulated. The attached list of projects has been generated for City Commission review to submit to Miami-Dade County General Obligation Bond Oversight Committee for consideration in the General Obligation Bond Program. A preliminary version of this list was reviewed by the Finance and Citywide Projects Committee. The Committee asked to have the list revised to reflect the recommended regional projects and that non-city projects on the list, such as the Wolfsonian Museum, the Art Center of South Florida and the Jewish Museum, be removed. While the Committee asked to review the list one more time after revisions were completed, the item has been brought to the full City Commission for attention given the time constraints that have been imposed by Miami-Dade County for formulation oftheir list. The list is organized to indicate those projects that could be considered regional or local in nature. The list includes projects with identified shortfalls from the City's CIP program. The members of the Commission should review the overall project list to assure all projects are correctly identified and prioritized. After submission of this list, it is still expected that there will be several meetings by the County Commission by and between Administrative staff and others to come to a completely formulated and finalized list for submission to the voters. Approval of the Resolution is recommended. JMG\RCM\sam F:lcmgr\$ALLIBOBlcountygobondcommemo.doc Attachments 2004 BOND PROGRAM BUILDING BETTER ..COMMUNITIES f'~ ~ ~ /~ ~.\" ~ .;f;.UUt:~ !'f '-';m;:'::'<-i;~:-; - ,~:,,:t~;~' ::':.'-~:;J7];:~~r::r~::.:~-,::J~:,?';;:.;;'::a;r:':::,::;Ii}2t1:2.:g;;;~::_:A,~~,,;;;7:;'t~~i1-;;;:!,l";,'!1{F':~':: What Is a General Obligation Bond Program? A General Obligation Bond Program is a way to finance government capital improvement projects. With voters' approval, Miami-Dade County would be able to issue long-term bonds to fund new construction, renovations and expand facilities. These quality of life improvements would serve residents for many generations to come much like the 1972 Decade of Progress bond program that funded much of Miami-Dade County's existing infrastructure over the past 30 years including MetroZoo, libraries and road improvements. Will a General Obligation Bond Program require higher tu..? The new bond program would not require an increase to the tax rate. While future taxes would be used to repay the bonds, the millage rate now budgeted for repayment of the Decade of Progress bonds, other general obligation debt, and a temporary emergency contingency reserve would be sufficient to cover debt service on a new bond program. (The County currently earmarks .105 mills for an emergency contingency reserve. Once this reserve is fully fund- ed, the .105 mills would be added to the current .285 countywide debt service rate bringing the total debt service rate to .390 mills. This represents no increase in the tax rate.) QA" ~~~ identified a number of areas that are aimed at building better communities throughout Miami- Dade. It is expected that projects selected for bond funding would fulfill a multitude of needs including: Keeping the Community Safe. To maintain a low rate of crime and a higher level of personal safety, we must consider the need for expanded and new public safety facilities and equipment including police, courts and jails. Preserving Our Resources. Our natural resources are critical to our quality of life. Improvements to protect our water supply for future generations, beach restoration, better drainage and funding to address other environmental concerns are important to our quality of life. Sustaining a Healthy Community. Public health facilities and affordable housing are critical to the well being of our residents. Accessing Services. Expanded community centers in convenient locations would provide better access to County services for all residents. Technology investments could significantly improve the delivery of services and make more services available online 24 hours a day. ;e Enjoying Arts, Culture and Recreation. Parks, museums, libraries, MetroZoo and other community recreational facilities enrich our lifestyle and playa vital role in tourism, the County's number one industry. Neighborhood Improvements. The bond program could provide additional funds for much needed neighborhood projects including more traffic signals, sidewalk repairs, and expanded bikeways. Creating and Retaining Jobs. Adequate infrastructure is critical for economic development. Expansion of our water and sewer system, for example, would provide new opportunities for business development in older urban neighborhoods as well as newer areas. Also, bond proceeds could be used to fund infrastructure improvements to induce new business to locate in Miami-Dade County. How much would It Q cost taxDaYers? . As Decade of Progress A bonds and other general obligation bonds are retired over the next 40 years, new debt will be issued. The cost of the new bond program would be an average of less than 50-cents a week on the average home (valued at $127,000 in 2004). ...D How will the County decld. what projects to Includ. In a new bond program? A series of town meetings are being held throughout Miami-Dade County to hear from residents on their priorities. All residents are being encouraged to voice their opinion by attending the town meetings and communicating with County officials. Meeting schedules are being published in local newspapers and can be found on the County's website. Those with computer access can provide input at www.miamidade.gov/bond2004 by answering the online questionnaire. Following the town meetings, the County Manager will compile a list of recommended projects to be submitted to the Board of County Commissioners. The Commission has the final authority in deciding what projects will be included in the bond program to be presented to voters as referendum question(s) on the November 2, 2004 General Election ballot. How can vo..... be sure bond dolla... will be spent on the projects they ..-proved In the bond .....rendum? Bond funds can only be used on projects included in the bond program approved by voters. The project list will be finalized in July 2004 prior to the November election. Wh.t will h.ppen K MI.ml-D.... resld.nts vote NO for . new bond program? Many of the improvement projects that affect residents' quality of life will not happen. Further postponement of critical projects could lead to higher costs in the future. Much of the infrastructure in the County today-from MetroZoo and parks to our water and sewer systems and traffic improvements- was built with bond funds from the 1972 Decade of Progress bond program. It's hard to imagine the County without these projects. Who can vote on the Q bond luue? _ All Miami-Dade County A- voters registered in time who cast a ballot in the November 2, 2004 General Election. If the bond program Q Is approved by vot.... In Nov.mber, A wh.n would the · community s.. the Improvements? Work on the projects would begin immediately while the bonds would be repaid over a 40-year time- period. The community improvements would be seen over the next few years and would continue for approximately 10-15 years. ",.0' ^ :'::S,':::'c:.~:r;:';:~:::~~,'X'0:::::'~j:m:l':l~.,.~."~",,-",,,~",-"';~::'Jr";1ri:7.:;"'~J:TG:m8:;::Z:~~~~7'; .'DADE-t Alex Penelas Mayor Board of County Commissioners Barbara Carey-Shuler, Ed.D, Chairperson Katy Sorenson, Vice Chairperson Betty T. Ferguson Katy Sorenson D~~~t1 D~~~t8 Dorrin D. Rolle Dennis C. Moss Dis~ict 2 Dis~ict 9 Barbara Carey-Shuler, Ed.D. Sen. Javier D. Souto D;s~ict 3 Dis~ict 10 Sally A. Heyman Joe A. Martinez District 4 Dis~;ct 11 Bruno A. Barreiro Jose "Pepe" Diaz D;s~;ct 5 Dis~;ct 12 Rebeca Sosa Natacha Seijas Dis~;ct 6 Dis~ict 13 Jimmy L. Morales Dis~;ct 7 Harvey Ruvin Clerk of Courts George M. Burgess County Manager Robert A. Ginsburg County Attorney Miami-Dade County provides equal access and equal opportunity in employment and seNices and does not discriminate on the basis of disability.