HomeMy WebLinkAboutR-91-0715J-91-811
10/3/91
91— 715
RESOLUTION NO.
A RESOLUTION WITH ATTACHMENTS, APPROVING A
LOAN TO THE BAYFRONT PARK MANAGEMENT TRUST,
IN ACCORDANCE WITH THE ATTACHED BUDGET, IN
THE AMOUNT OF $54,443.00 FOR THE MILDRED AND
CLAUDE PEPPER BAYFRONT PARK FOUNTAIN FOR THE
FISCAL YEAR ENDING SEPTEMBER 30, 1992, WITH
FUNDING THEREFOR TO BE PROVIDED FROM SPECIAL }
PROGRAMS AND ACCOUNTS, SUBJECT TO THE
CONDITION THAT THE LOAN MUST BE REPAID PRIOR
TO THE END OF THIS FISCAL YEAR AND IN THE
EVENT IT IS ANTICIPATED THAT THE LOAN CANNOT
BE REPAID, THE BAYFRONT PARK SHALL REPORT
SUCH FACT TO THE CITY COMMISSION AND SHALL
CEASE OPERATION OF THE BAYFRONT PARK
FOUNTAIN.
WHEREAS, the Bayfront Park Management Trust has requested
approval by the City Commission of the attached budget in the
amount of $54,443.00 for the Mildred and Claude Pepper Bayfront
Park Fountain for the fiscal year ending September 30, 1992;
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 hereby adopted by reference
thereto and incorporated herein as if fully set forth in this
Section.
Section 2. A loan to the Bayfront Park Management Trust,
in accordance with the attached budget submitted by the Bayfront
Park Management Trust, in the amount of $54,443.00 for the
operation of the Mildred and Claude Pepper Bayfront Park Fountain
1
for the fiscal year ending September 30, 1992, with funding
therefor to be provided from Special Programs and Accounts, is
hereby approved subject to the condition that the loan must be
repaid prior to the end of this fisoal year and in the event it
i
to anticipated that the loan cannot be repaid, the Bayfront Park
Management Trust shall report such fact to the City Commission
and shall cease operation of the Bayfront Park Fountain.
eA �ACH M lr i'1TS
CO111TAINLo
cP1Pn COMIMI01f
M08MG OF
OCT 3 10
91-- '715
Seotion 3. This Resolution shall beoome effeotive
immediately upon its adoption.
PASSED AND ADOPTED this 3rd day of 91•
i,
XAVIER L. U EZ, MAYOR
ATTE '
MATTY HIRAI_
CITY CLERK
.f BUDGETARY REVIEW: <Y
AA-
MANOHAR NA, DIRECTOR
BUDGET DEP MENT
PREPARED AND APPROVED BY:
m6yv
G . XnIAM MAER
CHIEF ASSISTANT CITY ATTORNEY
i'
vrl
-m I 1 : ?5 Dolel • t T AMFH I THEATCP, 3CtT3'58
1
! 0
FOUNTAIN BUDGET
(6 HOURS)
Personnel Expenses:
j
601 Fountain operator
602 Fountain Technician
i
603 Payrolling Costs
604 Electrician
Total Personnel Expenses
Annual Operating Cost:
605 Electricity
606 Electricity Maintenance Cost
607 Telephone
608 Dade County Water Charge
Total Annual Operating Cost
Maintenance Expenses:
609 Electrical Warranty Extension
610 Maintenance Warranty Extension
611 Pressure Cleaning
612 Limestone Restoration
613 Concrete Replacement
614 Granite/slab Replacement
615 Chemicals
OCT-- 1 91 TUE 1 1 : 54
$
22,976
f
16,000
7,582—
3,600
R
$
50,158
;F.
$
67,704
12,696
a
900
9,075
00,375�
$
$
10,000-
14,000
5,000
3,000
C F
1,000
y.
1,000
f
8,000
z
T
rr
91- 715
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616 rilter Screen Replacement
1,000
617 Railing Replacement
1,500
618 Alarm & Fire Monitoring
1,000
619 Miscellaneous
4,410
Total Parts Expenses
49,910
Insurance Expenses;
620 Umbrella Insurance coverage
$ 10,000
621 Additional Risk Management insurance
2,000
622 Risk Management Signs
2,000
Total Additional Insurance Policy
$ 14,000
SUBTOTAL
$204,443
DEDICATED REVENUE TENT SOURCE
(SI50,0001
- Y
l
TOTAL gOUNTAIN BUDGET
54,443
Al
WA
91- 715
OCT- 1-91 TUE 11:55 G3
P.04