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HomeMy WebLinkAboutSUMMARY FORMAGENDA ITEM SUMMARY FORM Law Department 's Matter ID No. FILE ID: /0 00 q 7 Date: _/_/ Requesting Department: Parks and Recreation Commission Meeting Date: 9/9/2010 District Impacted: District 2 Type: ❑ Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Establishment of a Special Revenue Project for a Grant Appropriation and Acceptance from the Omni Community Redevelopment Agency for New Exercise Equipment at Margaret Pace Park. Purpose of Item: A Resolution of the Miami City Commission establishing a new Special Revenue Project entitled "Margaret Pace Exercise Equipment"; Appropriating funds from a grant from the Omni Redevelopment District Community Redevelopment Agency, in the amount not to exceed $50,000, for the purchase and installation of exercise equipment at Margaret Pace Park, 1775 North Bayshore Drive, Miami, Fl; further authorizing the acceptance of said grant; and authorizing the City Manager to execute the grant agreement and all documents necessary for said purpose. Background Information: The Community Redevelopment Agency (CRA) has expressed interest in providing outdoor exercise equipment at Margaret Pace Park much like the equipment that was recently installed at Kennedy Park. Accordingly, on April 26th 2010, the agency passed CRA Resolution R-10-0030 authorizing the issuance of a grant in the amount of $50,000 to the City of Miami for the purpose of purchasing and installing said equipment at Pace Park. This Resolution formally accepts the CRA grant and authorizes the establishment of a Special Revenue Project; further authorizing the City Manager to execute the necessary documents for this purpose. Budget Impact Analysis YES 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: TBD CIP Project No.- NO o:NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: $50,000 CIP If using or receiving capital funds Grants Final Approvals ; (SIGN AND DATE) 21 f Budge f 2— / o Risk Manage e N Purchasing Dept. Dire tl J