HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
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*'`o=R149� File ID: #7812
Date: 08/27/2020 Requesting Department: Office of
Management and Budget
Commission Meeting Date: 09/24/2020 Sponsored By:
District Impacted: All
Type: Resolution
Subject: Approve FY 2020-21 Multi Year Capital Plan
Purpose of Item:
To approve the City of Miami's "Fiscal Year 2020-21 Multi -Year Capital Plan" as
required by the Community Planning Act, more particularly, Sections 163.3161 and
163.3177, Florida Statutes (2019), and pursuant to Chapter 18/Article IX/Divisions 1 and
2 of the Code of the City of Miami, Florida, as amended ("City Code"), entitled
"Financial/Financial Policies/Anti-Deficiency Act/Financial Integrity Principles".
Background of Item:
The Office of Capital Improvements is tasked with the responsibility to execute capital
improvement projects. The Office of Management and Budget is tasked with the
responsibility of preparing and presenting the Capital Plan. Pursuant to Chapter
18/Article IX/Divisions 1 and 2 of the City Code, entitled "Financial/Financial
Policies/Anti-Deficiency Act/Financial Integrity Principles," the City is required to prepare
a capital plan detailing improvements needed to support City services. The proposed
capital plan identifies $3.282 billion in projects ($553.569 million funded, $330.780
million partially funded, and $2.520 billion unfunded) for the Fiscal Year plus five
additional years. The six year plan includes 562 active projects. During the current
Fiscal Year new capital appropriations totaling $28.769 million will be used to fund 54
projects as detailed in the capital plan.
Budget Impact Analysis
Item is Related to Revenue
Item is an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
$762.193 million with $28.769 million newly appropriated
Reviewed By
Office of Management and Budget
Christopher M Rose
Department Head Review
Completed
08/27/2020 12:45 PM
City Manager's Office
Sandra Bridgeman
Assistant City Manager Review
Completed
08/27/2020 4:41 PM
Legislative Division
Valentin J Alvarez
Legislative Division Review
Completed
08/28/2020 12:03 PM
City Manager's Office
Arthur Noriega V
City Manager Review
Completed
08/31/2020 11:41 AM
Office of the City Attorney
Barnaby L. Min
Deputy City Attorney Review
Completed
08/31/2020 8:22 PM
Office of the City Attorney
Victoria Mendez
Approved Form and Correctness
Completed
08/31/2020 9:30 PM
City Commission
Todd B. Hannon
Meeting
Completed
09/10/2020 5:05 PM
City Commission Nicole Ewan Meeting Completed 09/24/2020 5:05 PM
Office of the Mayor Mayor's Office Signed by the Mayor Completed 09/25/2020 3:04 AM
Office of the City Clerk City Clerk's Office Signed and Attested by the City Clerk Completed 09/25/2020 3:07 AM
Office of the City Clerk City Clerk's Office Rendered Completed 09/25/2020 3:07 AM
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11 °° Legislation 3500 Pan American Drive
g Miami, FL 33133
Resolution www.miamigov.com
Enactment Number: R-20-0307
File Number: 7812 Final Action Date:9/24/2020
A RESOLUTION OF THE MIAMI CITY COMMISSION APPROVING THE CITY OF
MIAMI'S ("CITY") FISCAL YEAR 2020-21 MULTI -YEAR CAPITAL PLAN ("PLAN") AS
REQUIRED PURSUANT TO THE COMMUNITY PLANNING ACT, SPECIFICALLY
SECTIONS 163.3161 AND 163.3177, FLORIDA STATUTES (2019), AND CHAPTER
18/ARTICLE IX/DIVISIONS 1 AND 2 OF THE CODE OF THE CITY OF MIAMI,
FLORIDA, AS AMENDED, TITLED "FINANCIAL/FINANCIAL POLICIES/ANTI-
DEFICIENCY ACT/FINANCIAL INTEGRITY PRINCIPLES," TO SET FORTH THE
CITY'S FISCAL NEEDS FOR CAPITAL IMPROVEMENTS, SUBJECT TO AN ANNUAL
PLAN REVIEW, TO DETERMINE PROJECT PRIORITIES, TO ADD NEW CAPITAL
PROJECTS, AND TO MODIFY FUNDING ALLOCATIONS AS NECESSARY;
PROVIDING FOR INCORPORATION OF SUBSEQUENT AMENDMENTS TO THE
PLAN; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, a capital improvement programming process to support the Miami
Neighborhood Comprehensive Plan is required pursuant to the Community Planning Act ("Act"),
specifically, Sections 163.3161 and 163.3177, Florida Statutes (2019), and Chapter 18/Article
IX/Divisions 1 and 2 of the Code of the City of Miami, Florida, as amended ("City Code"), titled
"Finance/Financial Policies/Anti-Deficiency Act/Financial Integrity Principles;" and
WHEREAS, the City of Miami's ("City") Fiscal Year 2020-21 Proposed Multi -Year Capital
Plan as presented to the City Commission, filed with the City Clerk, and posted on the City's
website on July 21, 2020 incorporates the Fiscal Year 2019-20 Multi -Year Capital Plan set forth
in Resolution No. R-19-0374 adopted September 26, 2019, Resolution No. R-19-0506 adopted
December 12, 2020, Resolution No. R-20-0044 adopted February 13, 2020, and Resolution No.
R-20-0167 adopted June 11, 2020 (collectively, "Proposed Plan"); and
WHEREAS, the Proposed Plan is a policy and management tool to plan municipal
borrowing and indebtedness over a period of time, to establish annual expenditures within a
framework of long-range fiscal requirements, and to serve as an official statement of the City's
development plans;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. The Proposed Plan as presented to the City Commission, filed with the City
Clerk, and posted on the City's website on July 21, 2020 is incorporated herein by reference
and is approved as required pursuant to Sections 163.3161 and 163.3177, Florida Statues
(2019), and Chapter 18/Article IX/Division 1 and 2 of the City Code to set forth the City's fiscal
needs for capital improvements, subject to an annual plan review, to determine project priorities,
to add new capital projects, and to modify funding allocations as necessary.
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
1
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If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.