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HomeMy WebLinkAboutPre Summary Form(yte AGENDA ITEM SUMMARY FORM 1i11i11i111ti?.5_,, ��d FILE ID' ; --006 q..--- Date: 6/2/2005 Requesting Department: an Imvts R Transportation Commission Meeting Date: 7,17/2005 District Impacted: Al_ I M Type: Z Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Initial grant of $700,000 to Miami Museum of Science for development of a science museum facility in Bicentennial Park Purpose of Item: To approve an initial grant of $700,000 to the Miami Museum of Science ("MMOS") to support the development of a new science museum facility in the City -owned Bicentennial Park as authorized by a referendum of the voters in November 2001 as a specified project in the Homeland Defense Neighborhood Improvement Bond Program, authorizing the City Manager to execute the attached project cooperation agreement, and allocating funds from B-78502, the Capital Improvement Project No. 333143 entitled "Museum of Science - Development in Bicentennial Park". Background Information: The development of a science museum in Bicentennial Park has been the intent of the City since the late 1990's. When the voters approved the referendum for the Homeland Defense Neighborhood Improvement Bond Program in November 2001, this was an identified project in the public information campaign and enabling legislation. MMOS has now requested funds to support development activities related to the Project, including a community planning and education charrette and the work of consultants specializing in science museum planning, financial feasibility and project management, having an combined initial cost of $I,400,000. The City will contribute $700,000 as an initial grant from available Bond proceeds. A project cooperation agreement has been devised to govern the responsibilities of the City and MMOS in this endeavor. Highlights of that agreement are: * The museum project and related development activities are deemed to constitute a paramount public purpose * The City will be given ownership of all documents, reports, materials and drawings that are developed with the assistance of City; and will be subsequently donated back to MMOS and the County, if applicable, for use on the Project MMOS and its successors will maintain public access to facilities developed with Bond proceeds,, and said facilities will be publicly owned 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 A16: Special Revenue Account No; CIP Prgject NO: 333143 YES Is this item funded by Homeland DefenselNeighborhood Improvement Bonds? Page l of 2