HomeMy WebLinkAboutSummary FormDate: 10/19/2006
AGENDA ITEM SUMMARY FORM
FILE ID: 0 6- 0 I ck
Requesting Department: Grants Administration
Commission Meeting Date: 11/iP006 District Impacted: 1
Type: ® Resolution n Ordinance D Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Resolution accepting an award of $6,600,000 for acquisition of land for a City park.
Purpose of Item:
It is respectfully recommended that the Honorable Mayor and the City Commission adopt the attached
resolution to accept and appropriate an award in an amount not to exceed $6,600,000 from the Florida
Communities Trust. This grant will provide funding for the Department of Parks and Recreation to
acquire land to expand the existing Fern Isle Park. This resolution also authorizes the expenditure of
$2,602,000 in match funding from various sources including the Capital Fund or the General Fund.
Background Information:
On October 19, 2006, the Florida Communities Trust awarded the City of Miami $6,600,000 for the
purpose of acquiring land to expand Fern Isle Park. Said expansion will enhance the quality of life,
not only for District 1, but for all who visit the neighborhood and enjoy the additional green space.
This initiative is consistent with the Mayor's Green Campaign.
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Budget Impact Analysis
YES 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: TBD
CIP Project No.
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact: $9,202,000
Final Approvals
(SIGN AND DATE) -
CIP /% %/% „ Budget
If using or rece[vgip.
ants Risk Manage
Purchasing Dept. Directo
Chief City Manag
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