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HomeMy WebLinkAboutSummary FormDate: 1/22/2007 AGENDA ITEM SUMMARY FORM FILE ID: 0' RE.6 Requesting Departip it; [l ubli F iliti s 38 Commission Meeting Date: 3/8/2007 District Impacted: ������ ff 211 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Joint Participation Agreement between the City of Miami and Florida Department of Transportation for the Heliport Facility on Watson Island Purpose of Item: The administration recommends that the Miami City Commission adopt the attached Resolution authorizing the City Manager to execute a Joint Participation Agreement ("JPA"), in substantially the attached form, between the City of Miami ("City") and the Florida Department of Transportation ("FDOT"), for the construction of the public heliport project on Watson Island in the amount of $1,000,000; authorizing the allocation of required matching funds for said project, in an amount not to exceed $1,000,000, from funds to be identified by the City Manager prior to the expenditure of said funds. Background Information: See Supplemental Sheet 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: Special Revenue Account No: CIP Project No: 344101 B#75005 NO Is this item funded by Homeland Defense/Neighborhood lmprovemeitf Ronde CIP unaturG e IrLIsing or receiviitk"Cati iMi '"""""`—""'�" " Grants �..1 t Risk Management _ Start Up Capital Cost: Maintenance Cost: Total Fiscal I Irtit:fr;;;;IGTATT Final Approvals (SIGN AND DATE) Budget N/4A Purchasing (N/A / Dept. Director `'` • Chief City • Manager (.. V L Page 1 of 2 SUPPLEMENTAL SHEET Subject: Joint Participation Agreement between the City of Miami and Florida Department of Transportation for the Heliport Facility on Watson Island Background Information: The. City and FDOT entered into a Joint Participation Agreement ("Agreement") on January 12, 1999 to design and construct the Watson Island Aviation Facility. The Agreement provided funding in the total of $4,700,419 for the design and construction of the Aviation Facility on Watson Island. However, due to the many changes that have occurred to the scope of the Watson Island Aviation Facility such as the withdrawal of the Greater Miami Convention and Visitors Bureau, the original funding amount was excessive. On July 28, 2005, the City Commission authorized a Joint Participation Agreement No. 2 between the City and FDOT, executed on September 9, 2005 that reduced the funding assistance to $1,000,000 for the construction of the public heliport on Watson Island with a local match of an equal amount to be identified prior to the expenditure of said funds. Due to the age of the Agreement executed on January 12, 1999, the original funding amount has expired and FDOT has established a new funding source requiring a new Joint Participation Agreement ("JPA") with the same funding assistance requirements that were provided under the Joint Participation Agreement No. 2, The term for the JPA extends the completion date to June 30th, 2010. Miami Sports and Exhibition Authority and the City have been negotiating a Lease Agreement with the successful proposer of the Heliport RFP. As part of the Lease Agreement, the heliport operator will be required to provide the JPA matching funds in order to construct the new heliport facility. The City has submitted an application for relocation of the existing heliport on Watson Island to the Federal Aviation Administration ("FAA") and the Florida Department of Transportation ("FDOT") as part of the requirements to relocate heliports. Pate 2 of 2