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ORDINANCE NO.
AMENDMENT NO. 20
TO ORDINANCE NO. 9353
AM EMERGENCY ORDINANCE AMENDING SECTION 1 OF ORDINANCE
NO. 9353, ADOPTED NOVEMBER 19, 1931, THE CITY'S CAPITAL
IMPROVEMENT A.PPROPPIATIONS ORDINANCE FOR FISCAL YEAR
1981-1982; AS AMENDED; BY INCREASING APPROPR.IA.TIONS
FOR CITY OF MIAHI/UNIVERSITY OF MIAHI JArES L, KNIGHT
INTERNATIONAL CENTER AND PARKING GARAGE (7034) (ITEM
X.B.1.) IN THE AMOUNT OF S2,722,000 FROM A TRANSFER
FROM DOWNTOWN PEOPLE MOVER PROJECT (ITEM
S1,300,000, AND FROM CAPITAL IMPROVEMENT FUND FY 1981
FUND BALANCE--S1,422,000; AND INCREASING THE APPROPRIA.
TION OF UNAPPROPRIATED FUNDS THAT WERE ON DEPOSIT WITH
THE CITY AT THE TIME OF BOND SALE OF $1,730,000, AND
FROM DADE SAVINGS ESCROW ACCOUNT--S4,854,000, AND FPnh9
A LOAN FROM THE CAPITAL IMPROVEMENT FUND--S750,000
(THEREBY INCPEASING THE APPROPRIATION FOR THE CITY OF
MIAHI/UNIVERSITY OF MIAHI--DAMES L. KNIGHT INTERNA-
TIONAL CENTER AND PARKING GARAGE IN THE TOTAL .AMOUNT
OF S10,056,000); CONTAINING A REPEALER. PIOVISI9N AND
SEVEP,ABILITY CLAUSE; AND DECLARING AN EMERGENCY AND
DISPENSING WITH THE READING OF THIS OROINPC,.,E ON TWO
SEPARATE DAYS BY A VOTE OF NOT LESS THAN FOUR -FIFTHS
OF THE COMMISSION.
WHEREAS, the City Commission adopted Ordinance No. 9353 on November 19,
1931, establishing resources and appropriations for the implementation of
Capital Improvements in the City of Miami, Florida, for the fiscal year
endinn September 30, 1982; and
WHEREAS, to date the City Commission has appropriated $62,722,000 for
the City of Miami/University of Miami --James L. Knight International Center and
'larking Garage caoital rroject; and
l!HEREAS, it is now necessary to increase appropriations by an amount
of S2,722,000 as determined by the comnleted Financial Analysis for said
project; and
WHEREAS, an amount of �,1,300,000 is available from Capital Improvement
Fund, FY 19G2 Florida Power and Light Revenues by decreasinc• and transferring
appropriations in same amount from the Downtown People Mover capital project
to tf.e James L. Knight International Center; and
-PIEP,EAS, an amount of $1,422,000 is available from unappropriated Capital
Imprcvement Fund, FY 1921 Fund Balance; and
WHEPLAAS, it is now necessary to appropriate unappropriated funds in an
amount of S7,33n,000 as indicated in the cor;rpleted Financial Analysis for
said project; and
WHEREAS, an amount of '1,730,000 is available from unappropriated Convention
Center Revenue [fond Funds that were on deposit with the City at time of bond sale;
and
WHEREAS, an amount of $4,854,000 is available from Dade Savings Escrow
Account; and
-
WHEREAS, an amount of $750,000 is available from a loan
from the Capital -
Improvement Fund; and
WHEREAS, the total amount of 510,056,000 (increased and
unappropriated funds) -
from the above identified resources is hereby appropriated to
the City of Miami/
University of Miami --James L. Knight International Center and
In
Parking Garage
capital project;
-
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE
CITY OF MIAMI,
FLORIDA:
_
Section 1. Section 1 of Ordinance No. 9353, adopted November 19, 1981, is
hereby amended in the following particulars:!/
"Section 1. The following appropriations hereby made by fund and project
title include previously authorized projectsandappropriations for imple-
mentation of all municipal capital improvements of the
City of Miami,
Florida. The sources of revenue to support the herein
appropriations
are hereby identified by fund and project:
Aporopriation -
(in thousands of $)
IX. Capital Improvement Fund
_.
A. Resources:
from FY 1981 Fund Balance-6,588-8-
7,010.0 -
TOTAL RESOURCES-623144.8-
63,566.0 -
B. Continued Projects:
(i) Projects Funded %lith Multiple
= Sources of Revenue:
18. Downtown People Mover (7031)-3,98578-
2,605.0
_ (b) $3043.8 1,713.0 -- FY 1982
Florida Power and Light
- Franchise Revenues
o
1/ Words and/or figures stricken through shall be deleted.
Underscored words
and/or figures constitute the amendment proposed. The remaining provisions
are now in effect and remain unchanged. Asterisks indicate omitted and
unchanged material. All figures are rounded to the next hundred dollars.
-2-
9484
Aporopriation
(in thousands of
-
(ii) Projects Funded With Single
Sources of Revenue
—
17. City of Miami,/Univers ity of
3
Miami --James L. Knight
k
International Center and
Parking Garage (7034)
-4759979-
7,222.0
(b) S1,422.0--FY 1981 Fund
— Balance Transferred to
.)�__.___..____�.._
Item X .. B. 1 .
_.
_
(c) $1,300.0--FY 1982 Florida
Power and Light Franchise
Revenues (Transferred to
-
_
Item X. B.1 )
TOTAL APPROPRIATED
-62,14479-
63,566.0
X.
James L. Knight Convention Center
Enterprise Fund
A. Resources
-
from Convention Center Revenue Bonds
-49127779-
42,007.0
from Dade Savings Escrow Account
4,854.0
from Capital Improvement Fund, FY_ 1981
-
Fund Balance T`
1,422.0
-
from Capital Improvement Fund, FY 1982
—
Florida Power and Liight Franchise
Revenues
1,300.0
a loan from _Caoi tal_Im rovement Fund
750.0
s
TOTAL RESOURCES
-62372279-
72,778.0
B. Continued Projects:
1. City of Hiami/University of Miami--
-
-
James L. Knight International
_
Center and Parking Garage (7034)
-621722:9-
72,778.0
TOTAL APPROPRIATED
-62177279-
72,778.0"
9484
Section 2. All ordinances or parts of ordinances insofar as they are in-
consistent or in conflict with the provisions of this ordinance are hereby
repealed.
Section 3. If any section, part of section, paragraph, clause, phrase, or
word of this ordinance is declared invalid, the remaining provisions of this
ordinance shall not be affected.
Section 4. This ordinance is hereby declared to be an emergency measure
on the grounds of urgent public need for the preservation of peace, health,
safety, and property of the City of Miami, and upon the further grounds of the
necessity to make the required and necessary payments to its employees and
officers, payment of its contracts, payment of interest and principal of its
debts, necessary and required purchases of goods and supplies, and to generally
carry on the functions and duties of its municipal affairs.
Section 5. The requirement of reading this ordinance on two separate days
is hereby dispensed with by a vote of not less than four -fifths of the members
of the Commission.
PASSED AND ADOPTED this 9th' ^ �� day of sei)tember , 1482.
_ "_laUrice A. Ferre
-- MAURICE A. FERRE, VAYOR
,irfE S T � 3,J c� J
RALPH"C. OPdCIE, CITY CLERK
PLANNING REVIEW:
JOSFrH W. MCMANUS, ACTING D7RFCTOR
PLANNING DEPARTMENT
FINANCE REVIEW: LEGAL REVIEW:
yf �r
CARLOS GARC.IA,_ DIRECTOR � "-ABERT F. CLERK
FINANCE DEPARTMENT DEPUTY CITY ATTORNEY
BUDGETARY REVIEW: APPROVER AS TO FORM AND CORRECTNESS,
PC]
MANOHAR S. Sl► DIRECTpR� ,DOSE R. GARCIA-P£DROSA
MANAGEMENT AN IDGET CITY ATTORNEY
9484
I
1J
4
MY OP MIAitil,
WE C6UNt1Y, PLOW
LEGAL W10111
All interested will take notices that on the 9th day of Septeffibet,
1982, the City Commission of Miami; Florida adopted the following
titled ordinances:
ORDINANCE NO. 9476
AN ORDINANCE AMENDING SECTION 31.48 OF THE CODE
OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, 13Y
CHANGING CERTAIN TAXES CHARGED FOR OCCUPATIONAL
LICENSES WHICH ARE LEVIED AT A GRADUATED OR PER
UNIT RATE; FURTHER PROVIDING FOR THE TAXING OF
BOXING AND WRESTLING MATCH PROMOTERS WHETHER
OR NOT REGULATED BY THE CITY CODE; CONTAINING A
REPEALER PROVISION, A SEVERABILITY CLAUSE AND AN
EFFECTIVE DATE.
MIAMI REVIEW ORDINANCE NO. 9477
AND DAILY RECORD AN ORDINANCE AMENDING SECTIONS 19.9, 19.438 AND
19.442 OF CHAPTER 19, ENTITLED "FIRE PROTECTION,"
Published Daily except Saturday, Sunday and OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS
Legal Holidays AMENDED, IN THE FOLLOWING RESPECTS: BY REPEAL
Miami, Dade County, Florida. OF SECTION 19.9, "BULK STORAGE OF LIQUEFIED
y PETROLEUM GASES; BY ADDING TO SECTION 19.438,
STATE OF FLORIDA "DEFINITIONS," THE NEW TERMS OF "DISTRIBUTING PLANT
COUNTY OF DADS AND "DISTRIBUTING POINT'; BY REPEAL OF SECTION 19-442,
"LOCATION OF CONTAINERS AND LIMITS," AND
Before the undersigned authority personally appeared
SUBSTITUTING A NEW SECTION 19.442 TO PROVIDE FOR
Octeima V. Fort)"", who on oath says that she Is the Supervisor,
THE ESTABLISHMENT OF LIQUEFIED PETROLEUM GAS
Legal Advertising of the Miami Review and Daily Record, s
daily (except Saturday, Sunday and Legal Holidays) newspaper, STORAGE AND DISTRIBUTION FACILITIES AND HANDLING;
published at Miami in Dade County, Florida; that the attached CONTAINING A REPEALER PROVISION AND A SEVERABILITY
COPY of advertisement, being a Legal Advertisement of Notice CLAUSE.
In the matter of
City of Miami ORDINANCE NO.9478
Re: ORDINANCE NO. 9484 AN ORDINANCE REPEALING THE FOLLOWING ORDINANCES:
NO. 9247, ADOPTED MAY 8, 1981, ESTABLISHING A TRUST
AND AGENCY FUND ENTITLED "LEISURE SERVICES -SPECIAL
ACTIVITIES"; NO. 8817, ADOPTED JUNE 22, 1978,
ESTABLISHING THE TRUST AND AGENCY FUND ENTITLED
Y X X "SENIOR ADULT; SPECIAL RECREATION CLASSES'; AND
In the ........................................ Courf, NO.8887, ADOPTED JANUARY 18, 1978, ESTABLISHING THE
was published In said newspaper In the Issues of TRUST AND AGENCY FUND ENTITLED "CHILDREN'S
Sept 17, 1982 CREATIVE EXPERIENCE'; FURTHER, ESTABLISHING A NEW
TRUST AND AGENCY FUND ENTITLED "RECREATION
ACTIVITY" FOR IMPLEMENTATION IN FISCAL YEAR 1982-83,
WITH THE APPROPRIATION THEREFOR OF $50,000 IN
REVENUES RESULTING FROM ALL EXISTING FUND
Afflant further says that the said Miami Review and Daily BALANCES IN THE ABOVE THREE TRUST AND AGENCY
Record Is a newspapsr published at Miami in sold Dade County, FUNDS, TOGETHER WITH ALL FUNDS COLLECTED FROM
Florida, and that the said newspaper has heretofore been PROGRAM PARTICIPANT FEES, FOR THE PURPOSE OF
continuously published In sold Dads County, Florida, each day
(except Saturday, Sunday and Legal Holidayyss) and has been PROVIDING A UNIFIED SPECIALIZED RECREATION PROGRAM
entered as second class mall matter at the post office In ACCOUNTING SYSrEM; CONTAINING A REPEALER
Miami In said Dade County, Florida, for a period of one year
next preceding the first publlcation of the attached copy of PROVISION AND A SEVERABILITY CLAUSE AND DISPENSING
advertisement; and afflant further says that she has neithor WITH THE REQUIREMENT OF READING SAME ON TWO
paid not promised any person, firm or corporation any discount, SEPARATE DAYS BY A VOTE OF NOT LESS THAN FOUR-
=ts, commission or rot � tfa the urpose of securing this
adva meet for publicatiort. tM+ newspaper. FIFTHS OF THE MEMBERS OF THE COMMISSION.
//, ORDINANCE NO.9479
1r/ .
' AN EMERGENCY ORDINANCE AMENDING SECTION 1 OF
Sworn to and "scribed`before me this ORDINANCE NO. 9353, ADOPTED NOVEMBER 19, 1981, THE
M CITY'S CAPITAL IMPROVEMENT APPROPRIATIONS
It7tday of ...... S1:Za :;A D. is'.. ORDINANCE FOR FISCAL YEAR 1981.82; AS AMENDED; BY
APPROPRIATING AN AMOUNT OF $75,000 AS A LOAN FROM
� THE CAPITAL IMPROVEMENT FUND FY 1981 FUND BALANCE
s 18_o ks TO ESTABLISH GUSMAN CULTURAL CENTERlOLYMPIA`
No Puhllg�SleU'at Florida at Large
,;j4 BUILDING RENOVATION IX.C. (ii) 13.)AS A PROJECT
(SEAL) �I' 111I t i V OWN, IN THE CAPITAL IMPROVEMENT FUND; AND BY INCREASING
My Commission expires June 1, lea& APPROPRIATIONS FOR THE FOLLOWING GENERAL
OBLIGATION (G.O.) BOND FUNDS FROM RESPECTIVE FUND
BALANCES AND ANTICIPATED BOND SALES IN THE
FOLLOWING AMOUNTS TO RECORD AND ESTABLISH AS
NEW PROJECTS THE FOLLOWING FY '82 INDIRECT COST'
ALLOCATIONS: 1970 POLLUTION CONTROLAND
INCINERATOR FACILITIES G.O. BOND FUND (ITEM 1.). $30,300;
1970AND 1980 HIGHWAY G.O. BOND FUND (ITEM 11.) $31,600;
1976 FIRE FIGHTING, FIRE PREVENTION AND RESCUE
FACILITIES G.O. BOND FUND (ITEM III.), $31,800 FROM
ANTICIPATED BOND SALES;1975,1976, AND-1980 SANITARY
s ; SEWER G,O. BOND FUND (ITEM IV.), $30,600; 1970 AND 1978
STORM SEWER G.0• BOND FUND (ITEM V.), $30,600; 1972
PARK AND RECREATIONAL FACILITIES G.O. BOND FUND
1 (ITEM V1.), $31,600; AND, 1970 POLICE HFADQUARTf RS AND
CRIME PREVENTION FACILITIES G.O. BOND FUND (ITEM
VII.), $30,600; CONTAINING A REPEALER PROVISION AND A
SEVERABILITY CLAUSE; AND DISPENSING WITH THE
REQUIREMENT OF READING SAME ON TWO SEPARATE
DAYS 13Y A VOTE OF NOT LESS THAN FOUR -FIFTHS OF
THE MEMBERS OF THE OOMMISSION.
14
MR 111
0
4
ORDINANCE NO.9480
AN EMERGENCY ORDINANCE AMENDING SECTION i OF
ORDINANCE NO.9321 ADOPTED SEPTEMBER 24, iJ81, THE
ANNUAL APPROPRIATIONS ORDINANCE FOR THE PISCAL
YEAR ENDING SEPTEMBER 30, 082, AS AMENbEb, BY
DINTERNATIONAL SING THE APPROPRIATIONS POA THE bEPARTMENT
TRAbt PROMOtION IN THE AMOUNT
OF $22,600 AND BY INCREASING THE APPR6PR1016N
FOR THE bEPARfiMENT 6F ECONOMIC bEVELOPMENT IN
THE SAME AMOUNT P6h THE PURPOSE OrPUNDiNG THE
OPERATIONS OF THE LATTER DEPARTMENT FROM JUNE
28 THROUGH SEPTEMBER 30. 1982; CONTAINING A
REPEALER PROVISION AND A SEVERABILITY CLAUSE.
XN-
AN EMERGENCY ORDINANCE APPROPRIATING $9,938.406
INTO A SPECIAL REVENUE FUND ENTITLED: "FEDERAL
REVENUE SHARING" FOR FISCAL YEAR 1982; CONTAINING
A REPEALER PROVISION AND A SEVERABILITY CLAUSE.
ORDINANCE NO.9482
AN EMERGENCY ORDINANCE AMENDING SECTIONS 1 AND
5 OF ORDINANCE NO. 9321, ADOPTED SEPTEMBER 24,
1981, THE ANNUAL APPROPRIATIONS ORDINANCE FOR
THE FISCAL YEAR ENDING SEPTEMBER 30, 1982, AS
AMENDED, BY INCREASING THE APPROPRIATION FOR THE
GENERAL FUND LAW DEPARTMENT, IN THE AMOUNT OF
$51,000, AND BY INCREASING REVENUES IN THE SAME
AMOUNT FROM MISCELLANEOUS REVENUES TO COVER
UNANTICIPATED INCREASED OPERATING COSTS OF SAID
DEPARTMENT: CONTAINING A REPEALER PROVISION AND
A SEVERABILITY CLAUSE.
ORDINANCE NO. 9483
AN EMERGENCY ORDINANCE AMENDING SECTION 1 OF
ORDINANCE NO. 9353, ADOPTED NOVEMBER 19, 1981, THE
CITY'S CAPITAL IMPROVEMENT APPROPRIATIONS
ORDINANCE FOR FISCAL YEAR 1981-1982; AS AMENDED;
BY APPROPRIATING AN AMOUNT OF $500,000 TO ESTABLISH
LAND ACQUISITION AND SITE ASSEMBLY FOR AFFORDABLE
RENTAL HOUSING CAPITAL PROJECT AS ITEM IX.B. (ii) 21.
AS A LOAN FROM CAPITAL IMPROVEMENT FUND FY 1981
FUND BALANCE FURTHER, TRANSFERRING SAID
APPROPRIATION TO INCREASE APPROPRIATIONS FOR LAND
ACQUISITION AND SITE ASSEMBLY FOR AFFORDABLE
RENTAL HOUSING PROJECT IN THE 1976 HOUSING GENERAL
OBLIGATION BOND FUND (ITEM VIII.C.1.) BY $500,000;
CONTAINING A REPEALER PROVISION AND SEVERABILITY
CLAUSE; AND DECLARING AN EMERGENCY AND
DISPENSING WITH THE READING OF THIS ORDINANCE
ON TWO SEPARATE DAYS BY A VOTE OF NOT LESS THAN
FOUR -FIFTHS OF THE COMMISSION.
ORDINANCE NO. 9484
AN EMERGENCY ORDINANCE AMENDING SECTION 1 OF
ORDINANCE NO. 9353, ADOPTED NOVEMBER 19, 1981, THE
CITY'S CAPITAL IMPROVEMENT APPROPRIATIONS
ORDINANCE FOR FISCAL YEAR 1981.1982; AS AMENDED;
BY INCREASING APPROPRIATIONS FOR CITY OF
MIAMI/UNIVERSITY OF MIAMI — JAMES L. KNIGHT
INTERNATIONAL CENTER AND PARKING GARAGE (7034)
(ITEM X.B.1.) IN THE AMOUNT OF $2,722,000 FROM A
TRANSFER FROM DOWNTOWN PEOPLE MOVER PROJECT
(ITEM IX.B.(i) 18.)-$1,300,000, AND FROM CAPITAL
IMPROVEMENT FUND FY 1981 FUND BALANCE—$1,422,000;
AND INCREASING THE APPROPRIATION OF UNAPPROPRI-
ATED FUNDS THAT WERE ON DEPOSIT WITH THE CITY AT
THE TIME OF BOND SALE OF $1,730,000, AND FROM DADE
SAVINGS ESCROW ACCOUNT-$4,854,000, AND FROM A
LOAN FROM THE CAPITAL IMPROVEMENT FUND—$750,000
(THEREBY INCREASING THE APPROPRIATION FOR THE
CITY OF MIAMI/UNIVERSITY OF MIAMI—JAMES L. KNIGHT
INTERNATIONAL CENTER AND PARKING GARAGE IN THE
TOTAL AMOUNT OF $10,05E,000); CONTAINING A REPEALER
PROVISION AND SEVERABILITY CLAUSE; AND DECLARING
AN EMERGENCY AND DISPENSING WITH THE READING
OF THIS ORDINANCE ON TWO SEPARATE DAYS BY A VOTE
OF NOT LESS THAN FOUR -FIFTHS OF THE COMMISSION.
ORDINANCE NO.9485
AN ORDINANCE AMENDING SECTION 1 OF ORDINANCE
9353, ADOPTED NOVEMBER 12, 1981, THE CAPITAL
IMPROVEMENT APPROPRIATION ORDINANCE FOR THE
FISCAL YEAR ENDING SEPTEMBER 30, 1982, AS AMENDED,
BY INCREASING THE FUNDING FOR IX.133i.4 ELIZABETH
VIRRICK GYM RENOVATIONS — PHASE 11 BY $25,ODO AND
DECREASING AND TRANSFERRING FROM IX.B.0.15
HENDERSON PARK BUILDING RENOVATIONS IN THE SAME
AMOUNT; CONTAINING A REPEALER PROVISION ANDIOR
SEVERABILITY CLAUSE; AND DISPENSING WITH THE
REQUIREMENT OF READING SAME ON TWO SEPARATE
DAYS BY A VOTE OF NOT LESS THAN FOUR -FIFTHS OF
THE MEMBERS OF THE COMMISSION.
ORDINANCE NO. 9486
AN EMERGENCY ORDINANCE AMENDING SECTIONS 2 AND
5 OF ORDINANCE NO. 9321, ADOPTED SEPTEMBER 24,
1981, THE ANNUAL APPROPRIATIONS ORDINANCE FOR
THE FISCAL YEAR ENDING SEPTEMBER 30, 1982, AS
AMENDED, BY APPROPRIATING THE AMOUNT OF $55,000
INTO THE INTERNAL SERVICE FUNDS, 'BUILDING AND
VEHICLE MAINTENANCE DEPARTMENT, THE PRINT SHOP
DIVISION, FOR THE PURPOSE OF PROVIDING FUNDS TO
LEASE A HIGH VOLUME COPIER, FUNDING IN A LIKE
AMOUNT IS AVAILABLE FROM THE MOTOR POOL
MAINTENANCE DIVISION BUDGET AND CAN BE
TRANSFERRED TO THE PRINT SHOP DIVISION FOR THIS
PURPOSE; CONTAINING A REPEALER PROVISION AND A
SEVERABILITY CLAUSE.
ORDINANCE NO. 9487
AN ORDINANCE AMENDING SECTION 30.53 SUBSECTIONS
(A) (1) AND (2) AND (B) (1) AND (2), SECTION 30.54
SUBSECTIONS (A) (2) AND (B), AND SECTION 30.55,
SUBSECTION (a) OF THE CODE OF THE CITY OF MIAMI,
FLORIDA, AS AMENDED, FOR THE PURPOSE OF REVISING
THE FEES CHARGED FOR THE CITY OF MIAMI GOLF
COURSES; FURTHER ADDING A NEW SUBSECTION (e) TO
SECTION 30.55 OF SAID CODE PROVIDING FOR AN
ADVANCED STARTING TIME RESERVATION GREEN FEE OF
$2; CONTAINING A REPEALER PROVISION,A SEVERABILITY
CLAUSE, AND DISPENSING WITH THE REQUIREMENT OF
READING SAME ON TWO SEPARATE DAYS BY A VOTE OF
NOT LESS THAN FOUR -FIFTHS OF THE MEMBERS OF THE
COMMISSION.
RALPH G. ONGIE
n() CITY CLERK
CITY OF MIAMI, FLORIDA
Publication of this Notice on the 17 day of September 1982.
9117 M82.091704
CITY OF NIIAh,?I, FLORIDA
7Q Howard V. Gary
City Manager
Fr. Viriceht E. Grimm, �Jr„.
' ssistant City Manager
f'
September 3, 1982 FIL_
�,,,,,,r City of Miami/University of Miami
James L. Knight International
Center and Parking Garage
F: CF=c`VCF'5
r\rt-C'SU I -.a. 3
A financial analysis of this project is completed and a cope is
attached. Commission -approved funding to date equals $70,054,576.
Estimated expenditures to date equal $69,690,277, To complete
the project as proposed will require $3,086,000, making a total
project cost of $72,776,277. A list is attached showing the
detail of the $3,086,000 necessary to complete this project.
Also shown are items totalling $800,000 not included in this
funding proposal.
The financial analysis indicates that additional funding to the
amount of $2,721,701 is required to complete the Center. That
funding could come from two sources:
A. Transfer $1.3M from the Downtown People Mover
appropriation since it is felt this money will
not be needed during the next fiscal year, and
L. 81.4M+ is available in the Capital Improvement
Fund from the fund balance as of September 30,
19 8.1 .
The attached emergency ordinance appropriates the above two
items in addition to those items in the financial analysis
marked as requiring appropriation ordinances.
The Commission is aware of the repayment to Uncle Sam of a portion
of the UDAG Grant, plus a penalty. These funds, exclusive of the
penalty, will be returned to the City once the World Trade Center
Tower is started.
,, ,�r� l'� 1i1�`•1' ti �v
e
L
9/32
PENDING ITEMS
The following additional expenditures are pending and require
funding to complete the project, and the contingency and optional
items are noted:
CONVENTION CENTER
Pending Construction Changes (beyond existing
allowances in Rooney's Contract) $1,083,000
General Conditions Costs (June '82 to Oct. 182) 700,000
Contingency for Changes (RCO's not yet submitted) 500,000
Disputed: Entrance Canopy & Hotel Connection Fees 193,000
PARKING GARAGE
TV Surveillance System & Contingency
ADMINISTRATIVE & MISC. OTHER COSTS
FIG/SIC Architects: Field Services
Professional Consultants: Legal Fee Contingency
TOTAL PENDING ADDITIONAL, EXPENDITURES
TO COMPLETE THE PROJECT
ITEMS NOT INCLUDED ABOVE
Art in Public Places, Miro Sculpture
V.I.P. Lounge finishes and furnishings
TOTAL ITEMS NOT INCLUDED IN PENDING
ITEMS TO BE FUNDED
$2,476,000
$
400,000
$
160,000
$
50,000
*** $3,086,000
$
600,000
$
200,000
$
800,000
Page 2
9 4 b 4
CITY OF MIAMI/UNIVERSITY OF MIAMI
JAMES L, KNIGtIT INTERNATIONAL CENTER
AND PARKING GARAGE
REVENUES:
Bond proceeds $40,276,421
Interest on reserves 7,000,155 -
UDAG Grant 4094,000 -
Interama land sale 4,500,000
DPM Credit 700,000
Loan CIF - Miami Center Assoc: _
Settlement 5t250,000
Loan CIF - Architectural
Settlement*
City cash deposit*
Dade Savings Contribution*
EXPENDITURES TO DATE:
Construction and related cost
Miami Center Assoc. Settlement
Architectural Settlement
UDAG Penalty
Total
Pending Items (see list)
SIiORTFALL
Recommendations:
Transfer from DPM*
Fund Balance CIF - 9/81*
*Requires Appropriations Ordinance
Page 3
750,000
11730,000
4,854,000
$70,054,516
$63,590,277
5,250,000
750,000
100,000
69,690,277
3,086,000 $72,776,277
$ 1,300,000
$ 1,421,701