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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM 2006 0FR 27 fin 10 28 FILE ID: O1 0b74a Date: 4/25/2006 Commission Meeting Date: 5/25/2006 Requesting Department: CIT District Impacted: Various Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item El Other Subject: Resolution accepting and appropriating two new capital improvement grants and amending the capital improvements projects appropriations Resolution No- 05-0689, as amended. Purpose of Item: To accept and appropriate two new capital improvement grants, in the total amount of $1,200,000 and to amend the capital improvements projects appropriations Resolution No- 05-0689, as amended to reflect the addition of these funds as well as other reprogramming of existing funding. Background Information: The City received a grant of $325,000 from the South Florida Water Management District in order to partially fund shoreline stabilization and to install canoe/kayak Iaunches and educational signage at Momingside and Margaret Pace Parks. The City received a second grant of $875,000 from the Florida Department of Transportation for the design and construction of improvements to the Miami Dade College Wolfson Campus Promenade. This resolution accepts and appropriates the two grants, in the total amount of $1,200,000 and authorizes the City Manager to execute the grant acceptance agreements). Further, this item amends the capital improvements projects appropriations Resolution No. 05-0689, as amended, to reflect the funds indicated above as well as reprogramming of existing funds. Budget Impact Analysis YES Ts.this .,item related tn..revenne?.:-.. NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: Various YES Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals (SIGN AND DATE1 CIP If using or retie Grants Purchasing Chief Budget 'Y 'sk Ma i agement ept. Director City Manager .� rr �IW— r• Program Managers: Edgar Munoz Tony Sabbag