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96-22013 RESO RESOLUTION NO. 96-22013 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE RECOMMENDATIONS OF THE CAPITAL IMPROVEMENTS/FINANCE COMMITTEE AND APPROVING THE ALLOCATION OF THE $35 MILLION IN FUNDS FROM METRO-DADE COUNTY AS FOLLOWS: SECTION IIN ITS ENTIRETY; SECTION II IN ITS ENTIRETY, WITH THE EXCEPTION OF THE GARDEN CENTER PROJECT TO BE SET ASIDE FOR FURTHER DISCUSSION; SECTION III WAS SET ASIDE AND WILL PROCEED WITH THE COSTING OF THE STREETSCAPE PROJECT; SECTION IV WAS SET ASIDE FOR FUNDING; AND THE FOLLOWING PROJECTS IN SECTION VI WERE APPROVED: WASHINGTON AVENUE STREETSCAPE/LANDSCAPE PROJECT, CITY HALL ADDITION, AND FIRE STATION II; AND TO SET A PUBLIC HEARING ON JUNE 5, 1996. WHEREAS, with the closure of the recent agreement between the City of Miami Beach and Metropolitan Dade County regarding financing for the Performing Arts Center, the City will be receiving on July 1, 1996, the $35 million fund from Dade County to be applied towards Convention Center and Jackie Gleason Theater-related projects; and WHEREAS, a portion of the $35 million will be necessary to refurbish, maintain, and repair the aforestated facilities themselves; and WHEREAS, on April 17, 1996, the Mayor and City Commission referred the proposed allocation of the $35 million to the Capital Improvements/Finance Committee; and WHEREAS, on May 3, 1996, the Capital Improvements/Finance Committee met and discussed the proposed allocation; and 1 WHEREAS, the Capital Improvements/Finance Committee recommend that the Mayor and City Commission approve the allocation of the $35 million as follows: section I in its entirety; section II in its entirety with the exception of the Garden Center project which was set aside for further discussion; section III projects were set aside and are to proceed with the costing of the Streetscape Project; section IV was set aside for funding; and the following projects under section VI were approved: Washington Avenue Streetscape/Landscape, City Hall Addition and Fire Station No. II Projects; and WHEREAS, the Capital Improvements/Finance Committee also requested a public hearing on June 5, 1996, to discuss the remaining projects listed under section VI and the unallocated funds listed under section VII and requested set asides. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission adopt the recommendations of the Capital Improvements/Finance Committee and approve the allocation of the funds for the projects that were approved and set aside for further discussion. PASSED AND ADOPTED THIS 5th DAY OF JUNE, 1'99'6. Attest: '-l\ R~ i' ,n f r) P'q',_. I IV. ,',\: I r Rok~ f~ City Clerk LEGAL DEPT. By ~~_ Date .5l!iI1' __". . JGP:MDB:lcd f: cmgr:$all:commemo96. 35millca. res 2 CONVENTION CENTER AND TOP A-RELATED CAPITAL PROJECTS PROPOSED ALLOCATION (All figures include architectural, engineering, and management costs.) FROM EXISTING TCCEA FUNDS: I. Projects approved by TCCEA and in process: Item Security Landscaping Carpeting 17th Street Garage Computers A&EFees Muss Chairs Hall D Roof Beam POD Elevator Genie Lift Acoustical Consultant Restroom Features Roof Eng. Construction ADA Consultant Budget Amount $ 619,989 250,000 330,000 3,127,000 100,000 109,400 40,000 30,462 15,000 6,000 39,000 31,000 126,000 15,000 Remaining Balance $ 43,333 53,314 340,848 2,520,000 100,000 228,900 60,000 o 15,000 6,000 39,000 31,000 120,000 15,000 Remaining TOTAL: $ 3,572,390 II. Projects approved by TCCEA but not started (partial list): Caulking, Sealing & Painting Roof repair Energy management In-house radio system Garden Center Telephone switch Freight Elevator Repair Freight Doors Lighting Control System (TOP A) Lighting Dimmer System Cooling Tower Blades (TOPA) Water Pressure System Washers & Dryers 225,000 3,000,000 350,000 50,000 3,000,000 600,000 15,000 15,000 60,000 65,000 25,000 18,000 4,000 SUB TOTAL: $ 7,427,000 TOTAL FROM EXISTING TCCEA FUNDS: $10,999,395 Page 2 FROM $35 MILLION PERFORMING ARTS TRANSACTION FUND: III. Items excluded from II, above [excluding Ballet building]: Signage $ 582,536 Preferred lot* 893,000 Streetscape* 1,957,000 West escalators 600,000 TOTAL: $ 4,032,536 IV. Remaining items on Convention Center original Capital Plan: FF &E additions Carpeting (through 2002) Chiller replacement Overhead doors Paint & waterproof Escalators (additional) Freight doors & lifts Interior rehab Electrical & lighting Computers (additional) ADA compliances Energy management (additional) Catwalk completion Loading dock upgrade Airwall reconditioning Lobby Renovations TOP A Sound System Landscaping Dining area improvements Elevator modifications Temp. structure Staging yard Restroom improvements West side renovations 2,243,500 2,589,152 1,325,000 95,000 2,300,000 600,000 100,400 1,100,000 526,500 75,000 600,000 450,000 300,000 400,000 275,000 300,000 500,000 61,000 250,000 600,000 750,000 1,000,000 500,000 350,000 SUB TOTAL: $17,290,552 TOTAL REMAINING PROJECTS TO BE FUNDED: $21,323,088 Page 3 V. Convention Center and TOP A expansion! $ 0.00 modification beginning in 1998: [monies available from City's portion and County's waiver of its portion of excess growth increment in Civic Center TIF District, as part of Performing Arts Center transaction.] Estimates are as follows: Calendar Total Debt Year Increment Service Difference 1998 $ 6,012,410 $ 5,730,000 $ 282,410 1999 6,713,214 5,730,000 983,214 2000 7,363,973 5,730,000 1,633,973 2001 7,775,227 5,730,000 2,045,227 2002 8,199,805 5,730,000 2,469,805 2003 8,631,886 5,730,000 2,901,886 2004 9,084,103 5,730,000 3,354,103 2005 9,550,993 5,730,000 3,820,993 2006 10,040,438 5,730,000 4,310,438 2007 10,538,549 5,730,000 4,808,549 2008 11.052.848 5.730.000 5.322.848 TOTAL $94,963,446 $63,030,000 $31,933,446 VI. Additional projects: Washington Avenue streetscape/ landscape (16th Street to 13th Street) City Hall addition (Convention Center/TOPA- related portion) Renovation of PAN/Concert Ass'n building 7000 sq. ft. @ $70: Civic Plaza (-:- TOPA and City Hall) Pedestrian mall -:- Convention Center and Bass Museum $ 300,000 1,000,000 490,000 1,000,000 150,000 Page 4 Dade Boulevard streetscape/landscape (Washington Avenue west to intercostal waterway) Riverwalk (canal, from Alton Road to Park Ave. ) Fire Station No.2 (related portion) Collins Park (Bass Museum to Boardwalk) 2,500,000 400,000 500,000 336,912 SUB TOTAL: $ 6,676,912 TOTAL FROM III, IV & VI: $28,000,000 VII. Unaccounted for: \rrub \data60\misc\capital. bud $ 7,000,000 GRAND TOTAL: $35,000,000 t )t 5 9 L '9 .) .~ 'C - I "' ) I i cl '1 qiid i~ : ~!J .. , '. ...... _ " · r I., I 11.11 I .:~...', ~';""'~ ,'" . t., l,t'l' ' : ~~-~~'~~,~,'~~ .~', ~ " :' ~.tr tI"~.:.::. *,",-=..~~.:~.i{i*~: :".: .i~jjij-:$.~ ~ I I ; I I > ! i ~ I 1-' '.', ...~ i I . ; ~;t-~~ .. .- -~~ o ':1Ol :D~ ~O - < (t. () :~O - -1~ ~ ...._c '.~ ~~<f "- ....~ -ci ~ m ,.....;~.:o ~ :: CJ ~ ~ i::t !!.O ~Z ~< <,". = ".""" r== .. Ii r l> 'W' ,. ~ m .~ I~ ~ .~ . lIP ~ '~ I . 7 I ; - ~ i -~ ._~-'-- ! .~. ".' ..".. ..J.. ...- 2~~ '. - ..-~ . -.-..-. . . i ! i I i - ... . ., . .. .. . HiHIHii : , i : ~ . ~ i i: H':i;.I~ ili1il!iil I 1I.~!!i I flipr~ It , ! lof - . J ',.:,i J-'--.z: , ;:. il: .f _ f" . o ril z en ." > () m m z J: > t5 m ~ ~ I: . o . ...... II f I ~ i I1II11 i i ~ -ii', It! i i I i I II" J I .; ~ I I I I ~........ ~. i":;. .,......;:.......: ! - i.! I . , I ! ! , '1';" I "...-t t '" I : i : : I ~ I ~ 1 ~ ~ J , f . J"~I - '~i;,~ i :: ! : - ~ I . . , , : i i J ! ~ s .gl- : i:~ ~ ~ : I I 11 . ! i a , f . ! . ~ ! ! ~~ -;~ - I ~ . I" I · , f = ;;' I. I ~ ;f ~ r:~ = ~~ k '"' : :.. - , ,. J : !. ~.. - - ~ -_ ; 7- --;- &1 I'I!'."..' :- C- 'II !!~.!...~ =, J.- II t.,-- I' ': n !! i "i~ S! i! -... --< .. c: c _ , .; : ;, i . a .Ii... I ! - 1 f , I ! > · ;1 H ! i ~: : 4, t. I I: !' . ~ ~ '. . . I ! i CIJ -l ::D m m -l CIJ () l> "1) m -. . . - ~j"'_..., :J / PROPOSED PROJECTS & SOURCE OF FUNDS FIGURE 10 City Center/Historic Convention Village Redevelopment and Revitalization Plan Ten Year Oipitallmprovement Program in 1992 Dollars . lYblic Infrastructure ImDrovements 1. Parking Facilities - acquiring of land and development A 1.500 car garage @ 16th St & Collins Ave. 400 car garage @ 20th St & Collins Ave. 600 car garage @ 23rd St & Collins Ave. $ 4.0 million $ 120 million B. S 3.0 million c. 2. Bass Museum Expansion $16.5 million 3. Collins Park Improvements $ 3.0 million 4. Riverwalk Improvements (Dade Canal - Meridian Ave. to Collins Ave.) $ 3.0 million 5. light rail station (along Washington Avenue) S 2.0 million 6. Lincoln Road Improvements (physical improvements - ocean to West Ave.) S 12.0 million 7. Relocated Public I..1brary (17th St. & Meridian Ave.) S 5.0 million" 8. Garden Center Renovations $ 1.0 million 9. Oceanwalk extension (15th St. to 23rd St) $ 0.5 million 1.0. Street end improvements at the ocean (15th, 16th, Line. & 17th, 18th, 19th, 21st & 22nd S15.) $ 0.8 million 11. Espanola Way extension improvements (ocean to Washington Ave.) S 0.5 million SOURCE CMB Parking Fund CMB Parking Fund CMB Parking F~d 50% private/ 50% CMB 50% new bed UfXj 50% TIF 33% State of Rorida 33% TIF 33% New Bed Tax UMTA 50% Assess. Dist.j 25% TIFj 25% CDBG Sec.IO 50% New Bed Taxi 50% TIF 50% EDAj 50% TCCEA 50% New Bed Taxj 50% TIF TCCEA 50% New Bed Taxi 50% TIF S15 million Combination of: Tax Increment: $25 million S12 million Resort Tax: $10 ritillion New Bed Tax: $10 million $8 million GMCVB: S 5 million $15 million S50 million 11. Historic Sireetscape Projects: Washington Ave., 14th to 23rd Sts. Collins Ave., 14th to 23rd Sts. Dade Blvd., Meridian Ave. to Collins Ave. S 1.0 million S 20 million S 1.0 million 17th St., Meridian to ocean 18th St., Washington Ave. to Collins Ave. 19th St., Washington Ave. to Collins Ave. 20th St., Washington Ave. to Collins Ave. 21st St., Washington Ave. to Collins Ave. 22nd St., Washington Ave. to Collins Ave. 23rd St., Washington Ave. to Collins Ave. S 0.6 million S 0.3 million S 0.3 million S 0.3 million S 0.3 million S 0.3 million S 0.3 million Commercial Projects 13. Retail development assistancefland acquisition (22nd 5t. & Collins Ave.) S 2.0 million 14. lincoln Road mixed use development/land acquisition (17th 51. & Washington Ave.) S 2.0 million 15. Lincoln Road theater development incentives (Meridian Ave. and Lincoln Rd.) S 2.0 million 16. Hotel Rehab improvements S 2.0 million "lesidential/Ho'Osin~ Develonment 17. Residential development assistancej1and acquisition (23rd S1. & Collins Ave.fDade Canal) $ 4.0 million -Iotel DeveloDment Initiatives 18. Hotel Development Initiatives': Land acquisition Parking assistance Public infrastructure Public area improvements TOTAL HOTEL 50% CDBG/ 50% TIF . . FOOT 50% CDBG/ 50% TIF CDBG TCCEA TCCEA TCCEA TCCEA TCCEA TCCEA 50% CDBG/ 50% TIP 50% TIP / 50% Pkg. Fund 33% Pkg. Fund/ 33% TIP / 33% CDBG Resort Tax 3WO IDME/.D% TlF CDBG FUNDING BY SOURCE: Tax Increment CMB Parking Fund New Bed Tax Tourist & Convention Center Expansion Authority (TCCEA) Florida Department of Transportation (FOOT) City of Miami Beach Resort Tax Community Development Block Grant (CDBG) HOME UMTA Assessment District Economic Development Anm;n;~ation (EDA) Other State of Florida Greater Miami Convention & Visitors Bureau (GMCVB) $40.0 million $21.0 million S16.25 million S 3.1 million $ 2.0 million SU.O million S 7.3 million S 1.3 million $ 2.0 million $ 3.0 million $ .s million $16~ million S 1.0 million $ 5.0 million , CITY OF MIAIVlI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH FLORIDA 33139 TO: FROM: SUBJECT: COMMISSION MEMORANDUM NO. ~ 81 - 9-.k Mayor Seymour Gelber and Members of the City Commission DATE: May 15, 1996 Jose Garcia-Pedrosa City Manager A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE RECOMMENDATIONS OF THE CAPITAL IMPROVEMENTS/FINANCE COMMITTEE AND APPROVING THE ALLOCATION OF THE $35 MILLION IN FUNDS FROM METRO-DADE COUNTY AS FOLLOWS: SECTION IIN ITS ENTIRETY; SECTION II IN ITS ENTIRETY, WITH THE EXCEPTION OF THE GARDEN CENTER PROJECT TO BE SET ASIDE FOR FURTHER DISCUSSION; SECTION III WAS SET ASIDE AND WILL PROCEED WITH THE COSTING OF THE STREETSCAPE PROJECT; SECTION IV WAS SET ASIDE FOR FUNDING; AND THE FOLLOWING PROJECTS IN SECTION VI WERE APPROVED: WASHINGTON AVENUE STREETSCAPE/LANDSCAPE PROJECT, CITY HALL ADDITION, AND FIRE STATION II; AND TO SET A PUBLIC HEARING ON JUNE 5,1996. ADMINISTRA TION RECOMMENDA TION: Approve the resolution. BACKGROUND: With the closure of the recent agreement between the City of Miami Beach and Metropolitan Dade County regarding financing for the Performing Arts Center, the City will be receiving on July 1, 1996, $35 million in funds from Dade County for Convention Center and TaPA-related projects. A portion of the $35 million will be necessary to refurbish, maintain, and repair the facilities themselves, as noted in the attached chart (sections I, II, III, and IV). These items have been reviewed and, for the most part, approved by the Tourist and Convention Center Expansion Authority (TCCEA)and the Convention Center Advisory Board (CCAB). TCCEA retains approximately $11 million with which to pay for improvements under sections I and II. On Apri/17, 1996, the City Commission referred the proposed allocation of the $35 million to the Capital Improvements/Finance Committee. On May 3, 1996, the Capital Improvements/Finance Committee met and discussed the proposed allocation. . Continued... AGENDA ITEM _R 1 A DATE~h-S-91z COMMISSION MEMORANDUM PAGE TWO MAY 15, 1996 ANAL YSIS: The Capital ImprovementslFinance Committee, upon discussion of the $35 million allocation, recommend the following: ~ Projects listed under section I were approved. ~ Projects listed under section II were approved with the exception of the Garden Center project which was set aside for further discussion. ~ Projects listed under section 11/ were set aside and are to proceed with the costing of the Streetscape project. ~ Funds were set aside for Projects listed under section IV. ~ The following projects under section VI were approved: . Washington A venue Streetscape/Landscape project - $300,000. . City Hall Addition - $1 million. . Fire Station II - $500,000. The projects are listed in the attached "Exhibit A ". It was noted by the Administration that all projects will return to the City Commission for approval of award, if the expenditure is $10,000 or higher. The Committee also requested for the Administration to schedule a walk-through for the Mayor and Commission to see the Convention Center and Jackie Gleason Theater of the Performing Arts in order to proper/y assess the needs for some of the items listed under sections I through IV. The CapitallmprovementslFinance Committee requested a public hearing on June 5, 1996 to discuss the additional projects listed under sections VI and VII. TCCEA requested for this to be a joint meeting with its members. Additionally, Commissioner David Pear/son requested that funding be made available for catastrophic losses and insurance deductibles at the Convention Center and the Jackie Gleason Theater of the Performing Arts. Commissioner Nancy Liebman requested for funding to be set aside for the linkage of Pennsylvania A venue to Convention Center Drive. Continued... COMMISSION MEMORANDUM PAGE THREE MAY '15, 1996 CONCLUSION: It is recommended that the City Commission adopt the recommendations of the Capital Improvements/Finance Committee and approve the attached resolution. Also, the Capitallmprovements/Finance Committee requested a public hearing on June 5, 1996 to discuss the remaining projects listed under section VI and the unallocated funds listed under section VII and requested set asides by Commissioner Nancy Liebman and Commissioner David Pearlson. JGP:MDB:lcd Attachments f:cmgr/$all/comm-mem.96/$35mil/2.prp