HomeMy WebLinkAboutSummary FormDate: 2/2/2006
AGENDA ITEM SIUMM&RY FORM
FILE ID: 4 ()" 0
Requesting Department: CIP & Transportation
Commission Meeting Date: 2/23/2006 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Resolution amending Capital Projects Appropriations Resolution No. R-05-0689, adopted
November 17, 2005,
Purpose of Item:
To revise capital project appropriations to reflect reprogramming of available funding from various
sources and add new revenue sources into the respective projects.
Background Information:
Capital projects have been reviewed and, in some cases, ongoing projects have been revised and
respective appropriations increased or decreased in their totals, to reflect reprogramming of existing
funding and appropriation of new revenue sources. More specifically, Homeland
Defense/Neighborhood Improvement Bond allocations are being adjusted, among approved projects,
to ensure the continuous flow of production and construction schedules. Further, available sources
have been identified in the amount of $8 million for three major parks: Jose Marti, Grapeland and
Little Haiti, This funding, in conjunction with anticipated Miami -Dade County Building Better
Communities Bonds, will be applied toward estimated shortfalls for these premiere park projects. For
street improvements the City has or will be entering into joint participation agreements with FDOT
for funding. FDOT's funding commitments are being appropriated into the respective capital projects.
Budget Impact Analysis
CO
YES Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below. rn
General Account No:
Special Revenue Account No;
CIP Project No:
YES Is this item funded by Homeland Defense/Neighborhood Improvement BondsT4
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
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Final Approvals
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