HomeMy WebLinkAboutExhibit 2Exhibit 1 - Project Budget and Description
Miami -Dade County
Building Better Communities
Municipality
GOB Project Name & GOB Protect Number
CITY OF MIAMI
ORANGE BOWL, PROJECT #50
REVENUES
EXPENSES
2005 GOB
Allocation
(000's)
Future GOB
Allocations
(000's)
Other
Funding
Allocations
(000's) *
Total
Estimated
Revenues
(000's)
Milestones
Projected Schedule
Start Date End Date
Total
Estimated
Expenses
(000's)
-
-
-
Project Administration
1,000
1,000
Project Administration (Non-
GOB)
Jun-05
Dec-08
-
Land Acquisition
-
Land Acquisition (Non -GOB)
-
Pre -design, Planning, including
preliminary engineering
-
2,000
2,000
Pre -design, Planning, including
preliminary (Non -GOB)
May-06
Dec-06
-
A&E Selection
_
-
A&E Selection (Non -GOB) s
Oct-06
Mar-07
Design
5,500
5,500
Design (Non -GOB)
Apr-07
Sep-08 ,
-
-
Dry run/permit
Dry run/permit (Non -GOB)
_
-
Contractor Selection
Oct-06
Mar-07
-
Contractor Selection (Non -GOB)
50.000
-
50,000
Construction On Going
_ Apr-07
Sep-08
i 1,000
11,000_
Construction On Going (Non-
GOB)
-
-
Construction Substantially
Complete
Construction Substantially
Complete (Non -GOB)
Oct-08
Dec-08
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Exhibit 1 - Project Budget and Description
REVENUES
EXPENSES
2005 GOB
Allocation
(000's)
Future GOB
Allocations
(000's)
Other
Funding
Allocations
(000's) *
Total
Estimated
Revenues
(000's)
Milestones
Projected Schedule
Start Date End Date
Total
Estimated
Expenses
(000's)
Other
Other (Non -GOB)
-
50,000
19,500
69,500
TOTALS
-
* Other Funding (List sources and amounts
Funding Source
Amount (000's)
City Bonds
7,500
Other City revenues
12,000
Total
19,500 1
Project Narrative/Description
The Orange Bowl Stadium Restoration & Expansion Project is anticipated to include expanded skybox and dub seating, relocation of restrooms and concessions,
and widened concourses and ramps housed in a self-supporting superstructure. The initial phase of the project will refine the programmatic planning and financial
feasibility of various stadium alternatives. The subsequent phase will take the project into full design and construction drawings, followed by bidding and
construction.
GOB Total Funding Allocation Narrative/Description
The Miami -Dade County General Obligation Bond (MDC GOB) funds will be utilized to partially fund the construction phase of the City of Miami proposed Orange
Bowl Stadium Restoration & Expansion Project_
GOB 2005 Funding Allocation Narrative/Description
No GOB 2005 allocation requested.
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