HomeMy WebLinkAboutSummary FormDate: 6/30/2005
AGENDA ITEM SUMMARY FORM
FILE ID: 65-00 677
Requesting Department: Economic Development
Commission Meeting Date: 7/28/2005 District Impacted: 2
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Supplemental Joint Participation Agreement No. 2 between the City of Miami and Florida
Department of Transportation for the Heliport Facility on Watson Island
Purpose of Item:
The administration recommends that the Miami City Commission adopt the attached Resolution
authorizing the City Manager to execute the Supplemental Joint Participation Agreement No. 2, in
substantially the attached form, between the City of Miami ("CITY") and the Florida Department of
Transportation ("FDOT") dated January 12, 1999, to provide a decrease in an amount not to exceed
$3,700,419, from $4,700,419 to $1,000,000, as more particularly described in Exhibit "A" attached
hereto and made a part hereof, in the City's funding assistance for the design and construction of the
Public Heliport Project ("PROJECT") with the local match of an equal amount to be identified prior to
the expenditure of said funds, to be located on Watson Island, Miami, Florida with certain terms and
conditions related to the use of said funds as more particularly set forth in said amended agreement;
allocating funds for said decrease from Capital Improvement Project No. 344101.
Background Information:
The City and FDOT entered into a Joint Participation Agreement ("JPA") on January 12, 1999 to
design and construct the Watson Island Aviation Facility consistent with all material respects with the
Watson Island Aviation RFP and the Watson Island Aviation Facility Proposal.
The City and FDOT entered into a JPA with a funding total of $4,700,419 for the design and
construction of the Aviation Facility on Watson Island. However, due to the many changes that have
occurred to the scope of the Watson Island Aviation Facility such as the withdrawal of the Greater
Miami Convention and Visitors Bureau and the status of the seaplane base being inactive, the original
funding amount is excessive. Based on recent conceptual planning, the only component that is
moving forward in the near term and remains aviation related is the new Heliport. Therefore, FDOT
has proposed amending and decreasing the original funding total by $3,700,419. The Supplemental
Joint Participation Agreement No. 2 provides for $1,000,000 funding of the public heliport with a
local match of an equal amount to be identified prior to the expenditure of said funds.
Budget Impact Analysis
NO 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:
CIP Project No: 344101 B#75005
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
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Subject: Supplemental Joint Participation Agreement No. 2 between the City of Miami and Florida
Department of Transportation for the Heliport Facility on Watson Island
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP
If usi
Grant
Purchasing N/A
Chi�f'� .
Final Annrovals
(SIGN AND DATE)
Budget
N/A
Risk Manage
Dept. Directo
City Manager
•nt
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