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HomeMy WebLinkAboutO-09824Amendment No. 26 to Ordinance No, 9S34 ORDINANCE NO. �� AN ORDINANCE RELATING TO THE CITY OF MIAMI/UNIVERSITY OF MIAMI GAMES L. KNIGHT INTERNATIONAL CENTER ALSO COMMONLY REFERRED TO AS THE MIAMI CONVENTION CENTER AND AMENDING ORDINANCE NO. 9634, ADOPTED DECEMBER 9, 1982, THE EXISTING CAPITAL IMPROVEMENTS APPROPRIATIONS ORDINANCE;;A$ AMENDED; BY DECREASING APPROPRIATIONS FOR THE MIAMI CONVENTION CENTER AND PARKING GARAGE IN THE MIAMI CONVENTION CENTER ENTERPRISE FUND FROM THE AMOUNT OF $76,679*100 TO THE AMOUNT OF $74,662,000 TO CORRECTLY REFLECT THE REMOVAL OF THE AMOUNT OF $39998,200 FOR OPERATING EXPENDITURES ESTIMATED TO BE INCURRED DURING FY 1984 THAT IS APPROPRIATED TO SAID PROJECT IN THE CURRENT GENERAL OPERATING BUDGET AND TO FURTHER APPROPRIATE ADDITIONAL REVENUES RECEIVED AND DEPOSITED IN THE CONSTRUCTION ACCOUNT TO DATE IN THE AMOUNTS OF $1,049,000 FROM CONVENTION CENTER REVENUE BONDS INTEREST, $88,000 FROM A CREDIT FROM THE DOWNTOWN COMPONENT OF METRORAIL, AND $745,000 FROM HOTEL DEVELOPER REIMBURSEMENTS FOR A TOTAL AMOUNT OF $1,882,000; CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. -WHEREAS, the City Commission adopted Ordinance No. 9534 on December 9, j P 1982 establishing resources and appropriations for the implementation of capital.improvements in the City of Miami; and WHEREAS, Ordinance No. 9756 adopted by the City Commission on. November 18, 1983, included an appropriation in the amount of $3,998,200 for operating. expenditures estimated to be incurred during FY 1984 at the City of Mi ami / University of Miami James L. Knight International Center and Parking Garage; and ,! WHEREAS, generally accepted accounting procedures deem it,necessary,,to { : account for operating expenditures and construction expenditures separately; R and WHEREAS, this ordinance hereby removes the amount of,_ $3,998,2Op.i appropriated in the Miami Convention Center Enterprise Fund to said.Frot, _. f , decreasing appropriations from $76,679,100 to $72,600,900 construction, ;3 .for expenditures only., and - WHEREAS, this amount of $3,998,200 is correctly appropriated to the 1_� me Miami Convention Center and Parking Garage for operating expenditures estimated to be incurred during FY 1984 in the current City of Miami .General y, Operating Budget Adopted by the City Commission on September '9, 1"3 : b : g 444 nce No. 90ft, and pdga tf �. WHOEAS, it is necessary to appropriate additional revenues received and r; deposited in the Construction Account for the Miami Convention Center and ;- Parking garage; and "y WHEREAS, an additional amount of $1,049,000 from Convention Center Revenue Bonds Interest for FY 1982 and FY 1983 is available to increase resources and appropriations from $7,001,000 to $8,060,000 for said Project; =l and» WHEREAS, an additional amount of $88,000 in the form of a credit from the Downtown Component- of Metrorail in the Capital Improvement Fund is available to increase" resources and appropriations from $700,000 to $7889000 for said Project, as authorized by the City Commission in Resolution 82-251; and WHEREAS, -an amount of $746,000 from Hotel Developer Reimbursements to the City, as provided in the Settlement Agreement authorized by the City Commission in' Resolution 82�379, is available to increase resources and appropriations for said Project; and WHEREAS, the revised appropriation in the amount of $72,680,900 (less $3,998,200-, for operating expenditures removed by this ordinance.)- for construction of the Miami Convention Center and Parking Garage is hereby increased to the amount of $74,562,900 to reflect additional revenues a` deposited in the Construction Account in the total amount of $1,882,000; NOW, THEREFORE, BE IT ORDAINED BY -THE COMMISSION OF THE CITY OF MIAMI, _€ FLORIDA: '.h-." . - - - -"•cgs SECTION .1: Section 1 of Ordinance No. 9534; - adopted December 9, 1982,. as amended, is hereby amended in the following particulars:I "Section 1. The following appropriations -hereby made by. `f=`:�and project- title include previously authorized projects and fund appropriittons.'.' ,A( rti for implemgntation'of all municipal capital improvements of the City, of [ii mi, fe a Florida. The': sources -of revenues to support the herein appropriationa hereby identified by ,fund and project: ,=ri „I�f3,s4's F VoNs end or figures stricken thn wqh shall be deleted, UpOericlt -#nd/or f fires shad be added. The remai8ing provfs1oe04=��ar�,ii +,ul end encl�an d. gtt+�?ris s i dieste" unit d 40 p41014 �` N ' 'Pilor 0 VIX d, 7 r,j b Appropristi+ert (in -thousand& :8 * * Capital' Improvement Fund :t : a t .Continued Projects: _ . (i) Projects Funded with Multiple Sources of Revenue: 17. Downtown Component of Metro- 3,612.9 raid (350034) .': - Less Credit for Convention 48A-0 788.0 Center (420001,, 42002) of: X. Mi ami Convention Center Lt Enterprise Fund A. -Resources from Convention Center Revenue <y —' Bonds Interest -8A�=9 8,050.0 Y from Capital Improvement Fund, Credit from Downtown Component 4GO$ 788.0 - of`.Metrorail (350034) from -Hotel Developer Reimbursements 74-- 5'a' o 'Jr TOTAL RESOURCES -76-?-76.2. 7.4,660:fl t f- j7skE Continued Projects. 44}� of Miami /University of r f¢ } Miami James L. Knight International Center and Parking 5 Garage (4200019 420002- Y° 64rAge) F [ TOTAL,APPROPRIATED �,}."- .. _ - �,{`a`_-g5'�• ':_iv �.. ^iitl�'fivvM V'� an}!"':rlt-: _:.. }t f F z _ nc ,. + isr VW, Sv V- - c0akw Section 2. All ordihaftg% Of Parts of ordinances in onflict h 0w 90� insofar as they are in confl-itt, are hereby ropealod. f section, paragraph, clause, phrase, Section. 3. If any suction, part 0 Sect of wordof,. this Ordinance it declared invalid, the remaining provisions Of, thii Ordinance shall not be affected. day READING BY TITLE ONLY this 13th PASsEb,' - ON FIRST df 1984. Mroh- TITLE ONLY this 4>%'AND FINAL READING BY -PASSED AND ADOPTED ON SECOND A day of April 1984. 4 Maurice.A.perre- KAUR16t A. rLr.KL* MAYUK 'M "K BUDGETARY REVIEW: MKAHUHARK G MANAGEMENT APPROVED AS TO .FORM AMDa CORRECTNESS: ME ORO.` ]DEPOTY DITY A ?4 -,4 #U+--� F S fka" CITY Olt MIAMI. 1`LORIBA tc.F:i - .33 I`11PPIL MEMORANDUM aArK: February 17 t 98 tee Mward V. Gary Pity Manage Capital Impr6 sus.►rcr: Amendment to ie�s�� - Appropriation Ordinanct Miami Convention Center and 3 RfiFEIILNCEii: Parking ` {garage Rosa: For City Commission Meetings Al an I. ols �Ne�asu��s: March $i 1984. p o je t jirector .S aiii'nce Center 41 -: It is recommend that the attached Amendment ro riations .. to Capital Improvement Ordinance N6. 9534, adopted December 1982, � • as amended, be approved to decrease appropriations for the Miami Convention Center and Parking Garage to correctly reflect removal of the amount of $3#998,200 x enditures that is for operating e P appropriated in the current General Operating Budget and to further appropriate additional - revenues deposited iniri the the ototalion amounttof Construction Account On November 18, 1983, the City Commission adopted Ordinance No. Appropriation Ordinance gr(56 amending the Capital improvements the amount of $3,998,200 for that included an appropriation in to be incurred during FY. 1984 ..at t{ - operating expenditures estimated Garage. This amount ia- =:F' Convention Center and Parking <:r= the Miami appropriated to the project in the General ,.Operating.." aPPro p ' correctly in the construction account. Budget_ and should not appear of $3, 988, 200 for operati�- nh ta^ attached ordinance removes the amount ' in Convention Center,nonntrutiOn unLt expenditures from the is accepted accou B procedures. h, ,^ accordance with generally recommended project appropriations therefore be decreased''by this .that $3, 998, 200' from $760679,100 to $M 680, 900 to reflect z P 4 change • The attached ordinance further appropriates additional rev.enu>�s-::,:=;��:-�-j�j deposited in in the total amount of $1 ,8829000 received and Additi in -} -. - Miami Convention Center construction on account: 0 ' r r Convention Center Tevenue BQnda N r revenue include $1v049t000 from FY's 1982 and 1983; $68,004 from a or =kja Interest accrued during Component of ; Metrorail In - tha ' Cs�pital. _. from the Downtown improvement Fundas authorized 'by City C0=iseion Resl�lutiQn,: 2- _ toper Rei�lbtarslments,: yt p @ from Hotel Developer +�,, 251. � and $745 # ed'. . Agreement, authorl provided in the Settlement x; Page of 2 "yv KU TL �'}2 `s�P��.,+'�-�.ti'2✓ ifF,-e'er .y - -.`�,. _.-..�.,..,... _ _ -- r' �. February 1l'o84 HoVard V. Garr .{=J City Manager Cotnmie�ion' egolution A ro riation of these > ddi iti�ia 82-379• pp . p � $72j68b*900 (less $,9'� rt revenues increase the amount of this - ienues ,recei�ted b8d - t+ operating expenditures removed h $74,562►00• it is recommend that rev to the Nthm of total amount of $i , 882, 000 be appropriated capital project to implement" iI �. Convention Center and budget and Parking Garage complete the project- i< the revised Itis requested that this Ordinance be scheduled on the:.Cit_ Comffiiseion. meeting of March 81 1984. -- ,AZP/AW/dr `z ATTACHMENT = <_,sy`=rye - utE t ,Y t � } x> Xf Ell oA tk r' r- D§ '�. ^r age aw C ! ^ A f g, -yt r t f)1 .rP f�tC�- 4��fT`v'[✓^ L��, u - j' . +:,,� _ '14 • V � - g F' ,tk y, r+ �.. r� 3F JC a� :w �` llliPi �b S ? M1 � I = A'R t . 4 �'�'^i ''S �'-^- ` � .0 ,�x� k, .t re fir.✓ v`3 6 msuzpjktE m m r �Y �. �Y,•r".� F�F<sska.,�1� l a Ism "A, ..�f.t1:2lBl.ilx E MR 102 M9TRQRAJW AM-V*;W[sP*VW rnYm.1 " 9 M 9 0 H T 0 F s 17185 "o:'—oo";; REIM8�RQM94TS.FQR AT CONTAININO A RgpgAID eR. PROYMON ANO 59YERASIL-, ITY MAW. ORDINANCE NO. 96�5. AN ORDINAWt4TAp.05HINQ ANEW rtPgCIA� REVENUE . lDINTM I:Qt -gWf g I MIAMI REVIEW AND DAILY RECORD Published Daily except Saturday, Sunday and Legal Holidays Miami, Dada County, Florida. STATE OF FLORIDA COUNTY OF DADE- Before the undersigned authority personally appeared Karen Pelkm, who on oath says that she is Assistant to the Supelvint, Legal Advwtising of fit• Miami RwAow and Daily Record, a daily (except Saturday, Sunday and Legal Holidays) nwwspi4w, published at Miami in Dade County, Florida; that the atuol>sd copy of adwrtlNmsnb be ft a l,"M Advsrdeement oR!Itho OF�M AMI f Re: ORDINANCE NO. intM ....... $..$.. ......................... Court, was published in said ..*apaper In tie Issues of March 26, 1984 t! e AlNant further says Ntat the add MW* Review and Daily R- -- I$a pul0shed at MISM in sold Dads County, Fbrwa.-and *" sdd nowapspa� has heretofore been -- wv.". r p>t6psited Nr taW O#da Coon r. MFlorlda, each day (exospt Saturday. .sod<t pal H 1 and has been emend to ; moil m at post offla in <,. IAIatM in Dad# , Florida, for period of one year next mQ of #Ow has nNtMr furitter nor tany discount. of "ON" a"t" for 4 �. ...y............ 84 * • � �IefMe IM fftls daW �. r.:. . ��i IR1A ofrcolul Florlds at Larpa % (f UL) My piIG" expires June 1, 1987, 5� R MR a t _ Y ER}' MR 88 �1 9rtlliilA�? 1l3 rant l tq �u►X't�41W }i ��e�l atthl:� maatlnp, Rn ahal►.�►�yFg 1l�t a �tl� . r tip .r.Qr. 1Rma to gnIstA 19§1 ! �nonY and 4ridepca�! +fl ��� �l� Q�rp�(l�S.` Qtf �id�tltIRel4 . 1RF 3120 a