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HomeMy WebLinkAbout2005-25852 Reso " 2005-25852 RESOLUTION NO. A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROPRIATING $80,912 FROM THE SERIES 2000 WATER AND SEWER BOND INTEREST FUNDS FOR THE 25TH STREET WATER TANKS PROJECT AS PART OF THE ORIGINAL PROJECT ALLOCATION. WHEREAS, on March 19, 2003, the Mayor and City Commission approved Resolution No. 2003-25158, accepting a Guaranteed Maximum Price (GMP) from Jasco Construction Company, Inc., in the amount of $4,840,933, for the provision of construction management at risk services for the construction of two 3-million gallon water storage tanks, a new pumping station, a partial site drainage system, and a temporary parking and storage area at the Public Works Yard (the Project); and WHEREAS, at that time, funding for the GMP was identified as having been previously appropriated from General Obligation Bond funds for the Public Works Yard temporary parking and storage area, and from the Series 2000 Water and Sewer Bond funds for the construction of the water storage tanks and a new pumping station; and WHEREAS, the Project has achieved substantial completion and is approaching final completion; and WHEREAS, in preparing the necessary financial documents to make final payment and closeout the Project, it was discovered that $80,912 from the Project allocation, that was believed to have been appropriated, was never appropriated; and WHEREAS, funds are available from the Series 2000 Water and Sewer Bond Interest funds; and WHEREAS, the Administration recommends appropriation of the remaining $80,912 from the Series 2000 Water and Sewer Bond Interest funds, so that the final payment can be made and the Project can be closed out. NOW, THEREFORE BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby appropriate $80,912 from the Series 2000 Water and Sewer Bond Interest funds for the 25th Street Water Tanks Project. PASSED AND ADOPTED this 20th day of April, 2 '0 ~~~~ CITY CLERK Robert E. Parcher o AS TO FORM & LANGUAGE & FOR EXECUTION l.J -I '1-0 S UIIt CITY OF MIAMI BEACH COMMISSION ITEM SUMMARY ~ Condensed Title: A Resolution Of The Mayor And City Commission Of The City Of Miami Beach, Florida, Appropriating $80,912 From The Series 2000 Water And Sewer Bond Interest Funds For The 25th Street Water Tanks Proiect As Part Of The OriQinal Proiect Allocation. Issue: Shall the City appropriate $80,912 From The Series 2000 Water And Sewer Bond Interest Funds For The 25th Street Water Tanks Project As Part Of The Original Project Allocation? Item Summary/Recommendation: On March 19,2003, the Mayor and City Commission approved Resolution No. 2003-25158, accepting a Guaranteed Maximum Price (GMP) from Jasco Construction Company, Inc. in the amount of $4,840,933 for the provision of Construction Manager at Risk services for the construction of two 3-million gallon water Storage Tanks, a new pumping station, a partial site drainage system and a temporary parking and storage area at the Public Works Yard. At that time, funding for the GMP was identified as having been previously appropriated from General Obligation Bond funds for the Public Works Yard temporary parking and storage area, and from the Series 2000 Water and Sewer Bond funds for the construction of the water Storage Tanks and a new pumping station. This project has achieved substantial completion and is approaching final completion. However, in preparing the necessary financial documents to make final payment and closeout the project, it was discovered that $80,912 from the project allocation that was believed to have been appropriated never was appropriated. Therefore, the Administration recommends appropriation of the remaining $80,912 from the Series 2000 Water and Sewer Bond Interest funds so that the final payment can be made and the project can be closed out. Advisory Board Recommendation: I N/A Financial Information: Source of Funds: Amount $80,912 Series 2000 Water and Sewer Bond Interest D Finance Dept. $80,912 Ci Clerk's Office Le islative Trackin : Mauro Burgio, Senior Capital Projects Coordinator AGENDA ITEM DATE e7A If-J.O..{) ~ CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 www.miamibeachfl.gov COMMISSION MEMORANDUM From: Mayor David Dermer and Members of the City Commission Jorge M. Gonzalez ),~ City Manager. ().. 0 Date: April 20, 2005 To: Subject: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROPRIATING $80,912 FROM THE SERIES 2000 WATER AND SEWER BOND INTEREST FUNDS FOR THE 25TH STREET WATER TANKS PROJECT AS PART OF THE ORIGINAL PROJECT ALLOCATION. ADMINISTRATION RECOMMENDATION: Adopt the Resolution. FUNDING: Funds are available from the Series 2000 Water and Sewer Bond Interest funds. ANALYSIS: On March 19, 2003, the Mayor and City Commission approved Resolution No. 2003- 25158, accepting a Guaranteed Maximum Price (GMP) from Jasco Construction Company, Inc. in the amount of $4,840,933 for the provision of Construction Manager at Risk services for the construction of two 3-million gallon water Storage Tanks, and a new pumping station, a partial site drainage system and a temporary parking and storage area at the Public Works Yard. At that time, funding for the GMP was identified as having been previously appropriated from General Obligation Bond funds for the Public Works Yard temporary parking and storage area, and from the Series 2000 Water and Sewer Bond funds for the construction of the water Storage Tanks and a new pumping station. This project has achieved substantial completion and is approaching final completion. However, in preparing the necessary financial documents to make final payment and closeout the project, it was discovered that $80,912 from the project allocation that was believed to have been appropriated never was appropriated. Therefore, the Administration recommends appropriation of the remaining $80,912 from the Series 2000 Water and Sewer Bond Interest fund, so that the final payment can be made and the project can be closed out. JMG/RCMITH/JEC/klm T:\AGENDA\2005\Apr2005\Consent\25th Street Water Tank Appropriation - memo.doc