HomeMy WebLinkAboutSummary FormDate: 9/26/2006
AGENDA ITEM SUMMARY FARM
FILE ID: 06- 0 In 2006 OCT 12 fill 8 42
Requesting Department: CIT
Commission Meeting Date: 11/9/2006 District Impacted: Various
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other
Subject: Resolution authorizing the City Manager to execute agreements accepting funds received from
Miami -Dade County Building Better Communities General Obligation Bond ("GOB").
Purpose of Item:
To authorize the City Manager to accept funds from the GOB in the total amount of $2,023,000 and to
enter into the related agreements.
Background Information:
The City received a commitment of funds from the GOB including monies for the following capital
projects: Northwest Storm Sewer ($ 5,231,000) Englewood Storm Sewer ($ 6,250,000) and Glenroyal
Storm Sewer ($ 3,519,000). The funds are allocated from the GOB over several funding cycles. This
resolution accepts the funds allocated by the GOB for the first funding cycle in the following
amounts; Northwest Storm Sewer, $669,000 Englewood Storm Sewer $673,000 and Glenroyal Storm
Sewer $681,000. Resolution 06-0321, adopted on May 25, 2006 authorized the City Manager to
execute any required documentation related to the receipt and administration of said funds which will
be appropriated at a later date. This resolution specifically authorizes the execution of Agreements for
three specific projects.
Budget Impact Analysis
YES Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No: _
CIP Project No: B-30014, B-30011, B-30008
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Im Pt. $4792i,000
C.LP APPROVAL
CIP
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Final Approvals
(SIGN AND DATE) ��
Budget, ` �'( \ u'i4
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Risk Maiaiment
Purchasing n/a
Chief tfiLA1111
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Dept. Direct
City Manager
Program Manager; Jose L. Logo, P.E. I11
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