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HomeMy WebLinkAboutbudget impactBudgetary Impact Analysis Department Capital Improvement Program Commission Meeting Date: March 25, 2004 Division: COO Title and brief description of legislation or attached ordinance/resolution: Resolution Granting Utility Easement to Florida Power & Light for City -owned property in Jose Marti Park known as the Jose Marti Recreation Center, located at 362 Southwest 4`11 Street, Miami, Florida, to install a pad mounted transformer. 1. Is this item related to revenue? No ® Yes ❑ Revenue Source: 2. Is this item an expenditure? No ❑ Yes General Fund Account No: Special Revenue Fund Account No: CIP Project No: 041'P ,, i 4lq 3. Are there sufficient funds in Line Item? No: ❑ Yes: ❑ Amount: $4,993.00 Sufficient funds will be transferred from the following line items: ACTION ACCOUNT NUMBER TOTAL From $ From $ To $ To $ 4. Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? No [ J Yes Project Name Total Bond Allocation 1" Series Appropriation Dollars Spent to Date — Encumbrances & Commitments .---1 Balance Comments: FPL is charging the City $4,993.00 for the installation of a new utility pad mounted transformer, which is needed to provide electrical power to the Jose Marti Park Recreation Center. In exchange for granting FPL an easement to City -owned property adjacent to Jose Marti Park between SW 5th Street and SW 6`h Street, FPL shall pay the City $4,993.00 to offset this cost. Approved by: ment Director/Designee Date APPROVALS Verified by: Dept. of Strate c Pla ing, Budgeting & Performance Date: •Vi,aA4