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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miarni.fl.us File Number: 06-00414 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AMENDING CAPITAL PROJECTS APPROPRIATIONS RESOLUTION NO. 05-0689, ADOPTED NOVEMBER 17, 2005, REVISING THE CURRENT APPROPRIATION FOR CAPITAL PROJECT NO. 331418, ENTITLED "BICENTENNIAL PARK IMPROVEMENTS," TO REFLECT AN ADDITIONAL APPROPRIATION OF $1,223,080, FROM AVAILABLE IMPACT FEES. WHEREAS, Resolution No. 05-0689, adopted November 17, 2005, established appropriations for capital projects to be continued during Fiscal Year 2006; and WHEREAS, Fiscal Year 2006 impact fees in the parks category of the Downtown planning district are available to address funding needs for the Bicentennial Park Shoreline Stabilization Phase III Project, B-30293; and WHEREAS, Bicentennial Park is an approved project under the Homeland Defense/Neighborhood Improvements Bonds Program ("Bonds"); and WHEREAS, funding for Bicentennial Park from future series of the Bonds or grant sources may be used to offset other funding sources identified for Bicentennial Park Shoreline Stabilization Phase III Project, B-30293; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. Resolution No. 05-0689, the Capital Projects Appropriations, adopted November 17, 2005, is amended in the following particulars: {1} "Resolution No. 05-0689 Section 1. The herein appropriations are hereby made for implementation of all municipal capital improvements of the City of Miami, including new capital improvement projects scheduled to begin during Fiscal Year 2006. The herein appropriations which are hereby designated by reference to descriptive project title and number also include appropriations for previously approved scheduled projects as well as reappropriations of prior funds. The sources of revenues to support the herein appropriations are hereby identified by fund and project in ten Capital Funds, as follows: City of Miami Page 1 of 2 Printed On: 3/13/2006 File Number: 06-00414 Appropriations • t R VI. Fund 331 Parks & Recreation 36. 331418 Bicentennial Park Improvements Funding Source: a. Homeland Defense/Neighborhood Improvement Bonds $ 8,227,900 b. Florida Inland Navigation District 2,119,670 c. 1-95 Pedestrian Overpass 168,400 d 1-95 Pedestrian Overpass - Interest 20,438 e, Contribution from FY 2003 General Fund 1,200,000 f. Donation from 360 Developers, LLC 18,225 g. Contribution from FY 2004 General Fund 900,000 h. Impact Fees 808,551 2,031,631 Total $ 13,463,184 $ 14,686,264 • ■II Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} APPROVED AS TO FORM AND CORRECTNESS JOG L.'ERNANDEZ CIT TO'NEY Footnotes:. {1} Words and/or figures stricken through shall be deleted. Underscored words and/or figures shall be added. The remaining provisions are now in effect and remain unchanged. Asterisks indicate omitted and unchanged material. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 Printed On: 3/13/2006