HomeMy WebLinkAboutSummary FormDate: 6/15/2006
AGENDA ITEM SUMMARY FORM
FILE ID: 0 6- 0 l 1 1 6
Requesting Department: Community Development
Commission Meeting Date: 7/13/2006 District Impacted:
Type: ® Resolution D Ordinance E Emergency Ordinance n Discussion Item
❑ Other
Subject: TRANSFERRING FUNDS TO DEPARTMENT OF OFF-STREET PARKING
Purpose of Item:
AUTHORIZING THE TRANSFER OF FUNDS IN THE AMOUNT $175,000 FROM CITY OF
MIAMI REVOLVING LOAN PROGRAM; ALLOCATING SAID FUNDS TO CITY OF MIAMI
DEPARTMENT OF OFF- STREET PARKING, FOR THE CONSTRUCTION OF A SURFACE
PARKING LOT LOCATED AT 240 NORTHWEST 11 STREET, MIAMI, FLORIDA, AS
LEGALLY DESCRIBED IN "EXHIBIT A," ATTACHED AND INCORPORATED;
AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENT(S),
FOR SAID PURPOSE.
Background Information:
Pursuant to Resolution No. R-06-0273, the City Commission authorized the conveyance, with parcel
reverter provisions, of one parcel of land located at 240 Northwest 11 Street, Miami, FL to the City of
Miami Department of Off -Street Parking for the development of a public parking lot that will benefit
local area businesses
The Administration is requesting the transfer of funds, in the amount of $175,000 to the Department
of Off -Street Parking ("DOSP") for the construction of a surface parking lot located at said parcel of
land
Budget Impact Analysis
Is this item related to revenue?
Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DATE)
Dept. Directo
Chief City Manager
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