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HomeMy WebLinkAboutsummary formAGENDA ITEM SUMMARY FORM FILE ID: D S- Q a 6 SI.2 Date: 6/3/2005 Requesting Department: CIP Commission Meeting Date: 6/9/2005 District Impacted: Type: ❑ Resolution ❑ Ordinance ® Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Emergency Ordinance revising appropriations and allocations for capital projects. Purpose of Item: Revising appropriations and allocations for capital improvement projects scheduled to begin in FY2004-2005, specifically for time -sensitive Homeland Defense/Neighborhood Improvement Bond projects, appropriating new revenue and adjusting appropriations per recent Community Development Block Grant legislation. Background Information: The City of Miami Capital Improvement Projects have been reviewed and, in some cases, ongoing capital projects have been revised and respective appropriations increased or decreased in their totals, more specifically to expedite time -sensitive projects under the Homeland Defense/Neighborhood Improvement Bond Program. Further, on May 21, 2005, a lateral concrete joist supporting the dock at Pier 5 at Miamarina broke off, indicating deterioration of the pier structure. Reallocation of first series Homeland Defense/Neighborhood Improvement Bonds is recommended for funding the required structural remediation. This legislation also includes an adjustment to the current CDBG appropriation for capital street projects per a resolution approved by the City Commission on May 26, 2005. Budget Impact Analysis YES Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP If usin or rec Grants Purchasi Chief in capital funds Final Approvals (SIGN AND DATE) Budget Risk Managemen. Dept. Director is AM" M V j g. 2 City Manager 41&i_-- / Page 1 of 1