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HomeMy WebLinkAboutsummary formAGENDA ITEM SUMMARY FORM FILE ID: 05-003 b5 Date: 3/28/2005 Requesting Department: Finance Commission Meeting Date: 5/a 0.5. District Impacted: Type: ® Resolution ❑ Ordinance D Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Parking Surcharge Administration Purpose of Item: k4 To execute an amendment to the professional services agreement with the Parking Network Inc., that is providing the administration of the City of Miami's parking surcharge program, with the option to operate on a month to month basis not to exceed six months, pursuant to Request for Letter of Interest No. 99-00-241, subject to the terms, conditions and pricing of the original agreement. Background Information: The City of Miami entered into this agreement on May 15, 2000 with the Parking Network Inc. to provide the City with the service of collecting parking surcharge fees . This contract will expire on May 2005. The City is working with the Department of Purchasing through the "Request for Letters of Interest RFLI No. 04-05-034" to get a new contract in place as soon as possible. We are requesting the approval of this amendment to allow the City to extend the existing contract on a month to month basis not to exceed six months until a new contract is in place. 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: 001000.260415.6.270 Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP Final Approvals (SIGN AND DATE) Budget I f using or receiving capital funds Grants Purch Chief Risk Manageme Dept. Director City Manager Page 1 of 1