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HomeMy WebLinkAboutbudgetary impactBudgetary Impact Analysis Department Capital Improvements Commission Meeting Date: 12/9/2004 Division: Title and brief description of legislation or attached ordinance/resolution: Resolution authorizing an increase, of $4,000,000 from $4,000,000 to $8,000,000, in the Job Order Contract (JOC) with CW Construction, Inc., pursuant to the existing Miami Beach Contract No. 14-03/04, by allowing the City Manager to exercise the second and third renewal options each in an amount not to exceed $2,000,000. 1. Is this item related to revenue? No ® Yes ❑ Revenue Source: 2. Is this item an expenditure? No ❑ Yes ® Amount: $4,000,000 General Fund Account No: Special Revenue Fund Account No: CIP Project No: 3. Are there sufficient funds in Line Item? No: ❑ Yes: ❑ 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/Neithborhood Improvement Bonds? No® Yes❑ Project Name Total Bond Allocation 1" Series Appropriation Dollars Spent to Date Encumbrances & Commitments Balance Comments: Funds are to be allocated from various capital improvement project accounts, on an as needed basis, without any future commission approval to expend subsequent funded fiscal year dollars, subject to budgetary approval. Approved by,. egic Performance ling, Budgeting & Date: Verified by CIP: (If applicable) Director/Designee Date: