HomeMy WebLinkAboutLegislationFile Number: 09-00670
Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENT ONE, IN
SUBSTANTIALLY THE ATTACHED FORM, TO THE LOCALLY FUNDED JOINT
PARTICIPATION AGREEMENT WITH THE FLORIDA DEPARTMENT OF
TRANSPORTATION ("FDOT"), FOR THE CONSTRUCTION OF CERTAIN
ROADWAY ENHANCEMENTS ALONG BISCAYNE BOULEVARD, MIAMI,
FLORIDA, IN ORDER TO MODIFY THE FINANCIAL PROVISIONS IN SECTION
3(E) OF THE AGREEMENT TO ALLOW FDOT TO KEEP ANY INTEREST
ACCUMULATED IN THE ESCROW ACCOUNT TO BE APPLIED TO ANY
SHORTFALL IN PROJECT FUNDING.
WHEREAS, on June 14, 2007, the City Commission adopted Resolution No. 07-0361, authorizing
the City Manager to execute a locally -funded Joint Participation Agreement with the Florida
Department of Transportation ("FDOT") for the construction of certain roadway enhancements along
Biscayne Boulevard, Miami, Florida, in an amount not to exceed $219,000; and
WHEREAS, the bid for the construction of said enhancements was significantly higher than
anticipated, and FDOT agreed to cover the costs; and
WHEREAS, the City Commission, after careful consideration of this matter, deems it advisable and
in the best interest of the City to authorize the City Manager to execute Amendment One, in
substantially the attached form, modifying the Financial Provisions in Section 3(e) of the Agreement to
allow FDOT to keep any interest accumulated in the escrow account to be applied to any shortfall in
Project funding;
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 adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. The City Manager is authorized{1} to execute Amendment One, in substantially the
attached form, to the Locally Funded Joint Participation Agreement with FDOT, for the construction of
certain roadway enhancements along Biscayne Boulevard, Miami, Florida, in order to modify the
financial provisions in Section 3(e) of the Agreement to allow FDOT to keep any interest accumulated
in the escrow account to be applied to any shortfall in project funding.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
City of Miami Page I of 2 Printed On: 6/24/2009
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Resolution
File Number: 09-00670
Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENT ONE, IN
SUBSTANTIALLY THE ATTACHED FORM, TO THE LOCALLY FUNDED JOINT
PARTICIPATION AGREEMENT WITH THE FLORIDA DEPARTMENT OF
TRANSPORTATION ("FDOT"), FOR THE CONSTRUCTION OF CERTAIN
ROADWAY ENHANCEMENTS ALONG BISCAYNE BOULEVARD, MIAMI,
FLORIDA, IN ORDER TO MODIFY THE FINANCIAL PROVISIONS IN SECTION
3(E) OF THE AGREEMENT TO ALLOW FDOT TO KEEP ANY INTEREST
ACCUMULATED IN THE ESCROW ACCOUNT TO BE APPLIED TO ANY
SHORTFALL IN PROJECT FUNDING.
WHEREAS, on June 14, 2007, the City Commission adopted Resolution No. 07-0361, authorizing
the City Manager to execute a locally -funded Joint Participation Agreement with the Florida
Department of Transportation ("FDOT") for the construction of certain roadway enhancements along
Biscayne Boulevard, Miami, Florida, in an amount not to exceed $219,000; and
WHEREAS, the bid for the construction of said enhancements was significantly higher than
anticipated, and FDOT agreed to cover the costs; and
WHEREAS, the City Commission, after careful consideration of this matter, deems it advisable and
in the best interest of the City to authorize the City Manager to execute Amendment One, in
substantially the attached form, modifying the Financial Provisions in Section 3(e) of the Agreement to
allow FDOT to keep any interest accumulated in the escrow account to be applied to any shortfall in
Project funding;
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 adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. The City Manager is authorized{1} to execute Amendment One, in substantially the
attached form, to the Locally Funded Joint Participation Agreement with FDOT, for the construction of
certain roadway enhancements along Biscayne Boulevard, Miami, Florida, in order to modify the
financial provisions in Section 3(e) of the Agreement to allow FDOT to keep any interest accumulated
in the escrow account to be applied to any shortfall in project funding.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
City of Miami Page I of 2 Printed On: 6/24/2009
File Number. 09-00670
APPROVED AS TO FORM AND CORRECTNESS:
JULIE O. BRU
CITY ATTORNEY
Footnotes:
{1 } The herein authorization is further subject to compliance with all requirements that may be
imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter
and Code provisions.
{2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 Printed On: 6/24/2009