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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: 06-0at3� Date: 11/16/2006 Requesting Department: Bayfront Park Mngmt. Trust Commission Meeting Date: 12/14/2006 District Impacted: Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: City of Miami Acceptance of a $500,000 grant from the Bayfront Park Management Trust to benefit City Parks. Purpose of Item: It is respectfully recommended that the City Commission accept the one-time grant in the amount of $500,000 given by the Bayfront Park Management Trust to assist in the City's efforts to improve programming and activities in the City's Parks. Background Information: The Trust has also been interested in assisting in the effort to improve programming and activities in the City's parks. Furthering the interest of promoting greater community utilization and enjoyment of the City's parks, the Trust would like to give a one-time grant in the amount of $500,000, to the City to create additional and/or sustain and/or improve park programs, exclusively, such as: After school activities, Summer programs, Programs for those with disabilities, and/or similar in the City's Parks, of which $100,000.00, shall be distributed to each of the five districts located in the City of Miami for programs as determined by each individual Commissioner. The Trust requires that the City of Miami's Park's Director along with each Commissioner will identify use of these funds in FY 2006- 07 and the Park's Director will report to the Trust the final use of these funds at a regularly scheduled Trust meeting. Additionally, the Director of the City of Miami Parks Department is to submit a written report to the Executive Director of the Trust, delineating the utilization of the funds , within sixty (60) days of the end of the fiscal year. Budget Impact Analysis NO Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: 2 co t _07 ( f Fi2aN T P/V K Special Revenue Account No: 0P5l s N 4 0A-9ZI A L CIP Project No: 1MPeover T awn 4ET NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Page 1 of 2 CIP Final Approvals !SIGN AND DATE) Budget If using or receiving capital funds Grants Risk Management Purchasing Dept. Director Chief -eity Mintager Page 2 of 2