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HomeMy WebLinkAboutR-96-0772J-96-1 167 10/23/96 RESOLUTION N0 6 7 °r 2 f A RESOLUTION, WITH ATTACHMENT, AUTHORIZING THE CITY MANAGER TO EXECUTE A CONTRACT, IN SUBSTANTIALLY THE ATTACHED FORM AND ACCEPTABLE TO THE CITY ATTORNEY, BETWEEN THE STATE OF FLORIDA, EXECUTIVE OFFICE OF THE GOVERNOR, AND THE CITY OF MIAMI FOR ADVANCEMENT OF FUNDS AS j SPECIFIED IN THE ATTACHED CONTRACT. li WHEREAS, the City of Miami is in need of financial assistance from the State of Florida, Executive Office of the Governor (EOG), to address an emergency shortage of funding for City service and functions; and WHEREAS, by executive order of the Governor, the emergency shortage of funding for the City of Miami was acknowledged; and i WHEREAS, the EOG has the ability to provide assistance to the City in meeting this emergency funding shortage; and i WHEREAS, the City accepts the offer of financial assistance of the EOG to meet , immediate needs of the City upon the terms and conditions as set forth in the attached } k contract; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: t s Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The City Manager is hereby authorized' to execute a contract, in substantially the attached form and acceptable to the City Attorney, between the State of Florida, Executive Office of the Governor, and the City of Miami for the advancement of funds as specified in the attached contract. Section 3. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 24thday of October 1996. t CAROLLO, MAYOR i �y�y tf1 t 1tiLr us-U t , ....ram- J+I .• �. v v J tom' �./ �I V i. � .0�� 1�V d. �J ' V -Y i Y lJ • V v t t �. i CONTRACT i THIS CONTRACT is znadd as of. the day of - --- , 1996, between the STATE OF MORInA, EXZCUTfVE OFFICE OF THE GOVERNOR,' hereinafter referred to as the "EOG", and the City of Miami, hereinafter referrad to as the "C`ity" W I T N E S S E T H; WHEREAS, the City represents that it is need of assistance from the BOG in addressing an emergency shortage of funding for City services and functions, and isTx3EREAS, by executive order of thR Governor, the emergency shortage of funding far the City of Miami was acknowledged, and WHEP2AS, the EOG has the ability to provide assistance to the City in sooting the emergency shortage of funding, and ir7ePMS, the pity accepts the offer of the tOG to assist in rrxeeting the immediate needs of the Cityupon th6 terma and conditions hereinafter ''set forth, NOW, TBZREFOPZ, the EOG and the City Rio mutually agree as follows: 1. Advancement of Funds 1) The BOG does hereby agree to advance funds to the City as hereinafter stated in subsections (a) through (c) to assist the City during the days that executive order 96--319 is in effect, The following funding which would have been paid to the City in monthly increments, will be advanced to the City pursuant to the -terms of this contract: (a) Local. Oation Gas Tax (b) Municipal Revenue Sharing Cc) Half' -Cant Sales Tax Z) Tha City expressly agrees that this advancement of furWa is in lieu of the eight distributitjns of fund., that world be 1 7 4 1nocp 'ntulcQ:-1 ! '--pAr': I ; Gti J i 'AI !1"KI) g6.-772 v 1 L I I. 4? v �. V �. 1 b' .. ✓ S f , t 1 made without this agreement pursUant to ss. 336.025, 228.23, and 218,61, F.S., for the montb6 Of Nov®mbar 1996, through L7une 1997 inclusive. Should the amount of funds advanced NQv'ember 1996 through June 1957 exceed collections, the state shall adjust the FY 1997-99 di9t.ribvtion accordingly. additionally, should the actual collections November 1996 through June 1997 exoeed the at.iount advanced, the state shall adjust tht; FY 1997-9$ d.istrihuticn accordingly/ z. comptrehengive Plan for ,Resplvi.ng the Deficit The City a9zven to provide Boo with a comprehensive plan for resolving the funding shortage and eliminating the deficit. That plan shall be submitted within 30 days of the execution of this agreement, and it shall incorporate anticipated timeframes with rerjord to Implementing each element of the deficit elimination plan. In addition tb the deficit reduction plan requited by this section, the City agrees to provide SDG with a status report every month after the submission rof the plan. until the City' s FY 1996-9' budget is in balance and, a funding plan to cover the deficit from FY 1995-�5 has been fully implemented_ The Executive office of the Governor agrees to provide the City whatever assistance in possible .in developing this plan. Notwithstanding the plan to be submitted on a monthly basis, the City agrees to provide EOG With a verbal status zoport on a daily basis, or at any time requested by EOG. EoG shall also be provided with any documents or zriports regarding the deficit ,reduction plan provided to City Couuaissaoners. 3. BOnd Covenant& The City agrees that the advancement of these revenues, should any be pledged for the payment of debt service, shall not violate bond covonants. , 9. Period of Contract This contract shall Degiri on execution, and end on June 30, 199'7, unless terminated earlier. 5. Modification of Contract This contract represents the entire agreement of the parties. Any alterations, variations, changes, modifications or waivers of provisibna of thib contract Shall only be valid when they have been reduced to wrsti,ng, duly signed by each of the parties hereto, and attached to the original of this oontxact, z 4 96._7 f 2 •uuv, � Uri- ILL P Utb d TN WIVIES5 WHEREOF, the parties have caused these presents to be duly executed, as of the day and year first ahcve mntioned at Tal,lahabeee, Florida. _400-yUU� UU1, fVU . uU i , STATE OF FWRI DA MECUTIVE OFFICE 'OF THE GOVERNOR BY, Linda Loomis Shelley Chiaf of Staff Executive Office of th.e Governor The Capitol Tallahassee, FL 32390 CITY OF IMMAM: BY r CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO : The Honorable Mayor and DATE : FILE m Members of the City Commission SUBJECT 17 1996 SUBJECT City Manager's Reports FROM : REFERENCES Am ager ENCLOSURES: Reports from the City Manager 1. Resolution authorizing the City Manager to execute a contract between the State of Florida, Executive Office of the Governor, and The City of Miami, in substantially the attached form and in a fonn acceptable to the City Attorney, for the advancement of Funds. (Draft attached) 2. Resolution authorizing the City Manager to retain a consultant to develop, and if approved, implement a special assessment program for the funding of fire services within the City of Miami. (Report to be submitted) 3. Report from the External Audit Negotiating Team, comprised of Richard Montalbano, William R. Hough, Co., Merrett R. Stierheim, City Manager, Rachel Baum, Deputy Finance Director of Metro -Dade and Bob Nocklinger, Finance Director of Miami Beach. The negotiating team has successfully negotiated an agreement with KPMG Peat Marwick to provide external auditing services to the City of Miami. The contract will be distributed to each of you and to the City Attorney prior to its consideration. 4. Discussion regarding the engagement of special counsel to review possible liability, as directed by the City Commission at the special commission meeting held on October 7, 1996. 5. Report on the status of City of Miami employee union negotiations. 6. Other matters. cc: A. Quinn Jones, III, City Attorney Walter Foeman, City Clerk 9 6 - 7 7 � 1 I �1 CONTRACT THIS CONTRACT is madd as of. the day of,�, 1996, between the STATE OF rtDRIOA, EX000TZn OFFICE OF THE GOVERNOR,' hereinafter referred to as the "BOG", and the City of Miami, hereinafter referred to as the "City". W I T N E S S E T H; WHEREAS, the City represents that it is need of a5slstanu from. the Boa in addressing an emergency shortage of fundUmg for City services and functions, and WHEREA°, by executive order of the Governor, the emergency shortage of funding for the City of Miamt was ackr owledged, .and WHEREAS, the EOn has the ability to pzovide assistanco to the City in meoting the emargency shortage of funding„ and wagAr,,As, the City accept..: tbe offer of the EOG to assist in meeting the immediate neada of the City upon the terms and rzonditiozs hereinafter :set forth, NOW, THEREFORE, the BOG and the City do mutually agree as f of lows 1. Advancement: of Funds 1) The EOG does hereby agree to advance funds to the City i as hereinafter stated in subsections (a) through (c) to assist: the City during the days that executive order 96-318 is in effect. The following funding which would have been paid to the City in monthly increments, will be advanced to the City pursuant to the terms of this j contract: (a) Local Option Gas Tax (b) Municipal. Rsvenue Sharing CO Flalf-Cent Sales Tax 2) The City expreB31y agrees that this advancement of fuftda is in lieu of the eight distributions of funds that would be vI t1 1 made without this agreement pursuant to ss. 336.025, 228.23, and 218,61, F.s.r for the months bf November 1936, throUgb June 1997, inclusive. Should the amount of funds advanced November 1996 through June 1957 exceed collections, the state shall adjust the FY 1997-99 di.etribution accordingly. Additionally, should the actual ccllections November 1996 through June 1997 eY^eed the amount advanced, the state ehall adjust the FY 1997-9$ di.atribution aGc0r4in9IY- 2. comprehensive Plan_ for ge6olvi.ng the Deficit The City agrees to provide BOG with a compxehen5ive plan for zesol.vitg the funding shortage and eliminating the deficit. That plan shall be submitted within 30 days of the execution of this agreement, and it shall incorporate anticipated timeframns with regArd to inplernenting each el.enient of the deficit elimination plan. in addition to the 6efiei.t reduction plan required by this section, the City agrees to provide BOG with a status resort sver"y month after the aul=ission bf the plan, =til the City` s FY 1996-97 budget is in balance and a funding plan to cover the dafi.cit frorn FY 1995-96 has been fully implemented. The Executive office of the Governor agrees to provide the City whatever assistance is possible in developing this plan. Notwatbstandi.ng the plan to be subimitt.ed on a monthly basis, the City agreea to provide ROG with a verbal status report oil a da3 ly bBsie, or at any time requested by ECG. EOG shall also be provided with any documents or zeports regarding the deficit reduction plan prov!ded to City C�aissaonexa. 3. bond Covenants The City agrees that the advancement of these revenues, should any be pledged for the payment of debt service, shall not violate J�ond COVCiiaists . , A. Period of Contract This contract shall begin on execution, and end on June 3'D, 1997, unless terminated earlier. s. Modification of Contract. This contract represents the entire agreement of the parties. Any alterations, va.ziationa, changes, modiiioations or waivers of provisions of thib contract shall only be valid when they have been reduced to writing, duly signed by each of the paxties hereto, and attached to the original of this contract. 2 4 c d ' 621L a~N 'vN/yy 1-! ',iS/99 11 9r ,�! ' Jl (MI) .96- 777 ouv J ur r lut t Utb 1 ��r `suy'4Dci-yUU U�1, �' �u ll� . V� 1AU . uU 1 r v-4 r 1 I i - IN WITNESS WHEREOF, the part -es have caus0d these presents to be dilly executed, as of the day and year first above rentioneci at Tallahassee, Florida. STATE OF FLORIDA MECUTIVE OFFICE OF THE GOVERNOR BY - Linda Lppmis Shelley Chief of Staff Executive office of th.c Governor The Capitol Tallahassee, FL 3235a DATE APPROVED as tb farm and legal oufficiency this day o f _ 1 1996. BY: Gregory C. Smith Assistant General Counsel Executive Office of the Govesnor 0 3 b d ?C�Z1ZL099£ 'ONAS _ I 'WS/L9' 11 95 ! 1 '01 ,lIFW 9 w MU '1