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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM Law Department 1 Matter ID No. y -0E Cb FL ` FILE ID• CQ, 30"L 0q— Z �r Date: 3/10/2009 Requesting Department: Grants Administration Commission Meeting Date:'5 5 /14 /2 0'0 9 District Impacted: all Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Purpose of Item: It is respectfully recommended that the Honorable Mayor and the City Commission adopt the attached resolution authorizing the City Manager to accept an award in an amount not to exceed $1,500,000 from the Department of the Army to fund ecosystem restoration of Virginia Key and further authorizing the City Manager to execute the grant agreement, and any necessary documents for the administration of the grant. The City will provide the match required by the grantor in the amount of $375,000 ($295,000 of in-kind services and $80,000 cash). Background Information: The US Department of the Army, represented by the US Army Engineer, will provide funding for the ongoing restoration of the Virginia Key's ecosystem for the revitalization of the native environment and to provide a pristine natural environment for City of Miami residents, including the removal of invasive -exotic plant colonies, re -planting of native plant species and the ability to create nature trails within the park. The cash match is as follows: (A) $20,000 from Virginia Key Beach Park Trust (#35000.940201.663000.0000.00000), (B) $20,000 from Parks and Recreation (#35000.940201.670000.0000.00000) and (C) $40,000 from the Tree Trust Fund (#115000.152000.896000.0000.00000). The grant funds are to be appropriated separately. Budget Impact Analysis NO Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: see background information for details CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: $1,875,000 Final Approvals (SIGN AND DATE) Budg V Risk Manag'en Dept. Director, City Manager 4115�aP► ��oM�