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HomeMy WebLinkAboutSummary FormY E.5 iSte Date: 2/13/2006 AGENDA ITEM SUMMARY FORM FILE ID: 0 6- 00 a "l Requesting Department: Cap Impvts & Transport Commission Meeting Date: 3/9/2006 District Impacted: Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance D Discussion Item ❑ Other Subject: Resolution amending Resolution 03-911 for the execution of an agreement with Ballet Gamonet Purpose of Item: To amend Resolution 03-911 limiting the use of funds to capital improvements and changing the location of improvements to a new location at 77 Northeast 24th Street, Miami, Florida. 1 Background Information: Resolution No. 03-911 was approved on September 5, 2003 authorizing the City Manager to execute an agreement with Ballet Gamonet for a public ballet project to promote the cultural enrichment of Miami's Downtown area, awarding a grant to Ballet Gamonet in the amount of $300,000 to be utilized for the purchase of equipment and other capital improvement projects at the Alfred I. Dupont Building. Since that time, it has been determined that the optimal use of the grant money would be to limit its use strictly to capital improvements. Further Ballet Gamonet has a new location at 77 Northeast 24th Street, Miami, Florida. 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: 311712 Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: $300,000 Maintenance Cost: nla Total Fiscal Impact: $300,000 Fi :I A CIP ive.A*--%-rta,a sing or rec iv ug capl funds Grants / CO 1 SG Budget : & ";IA k Managemen ` J//' �MEM ept. Director a AL!7 ,'%/M M, OF -- City Manager Purchasin iJJ,4 Chief,. ---Fi9oD t, Qi"n 1ibt b r„ C3 CFI r-•