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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 07-00427 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACMENT(S), ACCEPTING FUNDS RECEIVED FROM THE MIAMI-DADE COUNTY BUILDING BETTER COMMUNITIES GENERAL OBLIGATION BOND ("GOB") IN THE TOTAL AMOUNT OF $7,000,000, FOR THE ORANGE BOWL REDEVELOPMENT AIE SERVICES AND CONSTRUCTION PROJECT B-30153B; AUTHORIZING THE CITY MANAGER TO EXECUTE THE PROJECT AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, FOR SAID PURPOSE, AND TO EXECUTE ANY REQUIRED DOCUMENTATION RELATED TO THE RECEIPT AND ADMINISTRATION OF SAID FUNDS, WHICH WILL BE APPROPRIATED AT A LATER DATE. WHEREAS, the City of Miami ("City") Department of Capital Improvements and Transportation ("Department") received a commitment of funds in the total amount of $50,000,000, from the Miami -Dade County Building Better Communities General Obligation Bond ("GOB") for the Orange Bowl Redevelopment AIE Services and Construction Project, B-30153B, also known as Miami -Dade County GOB Project No. 50 - Site Location # 70629 ("Project");and WHEREAS, Resolution No. 06-0321, adopted May 25, 2006, authorized the City Manager to execute agreements with Miami -Dade County (County") to receive funds on a reimbursement basis in various amounts for capital improvement projects funded by the GOB; and WHEREAS, GOB funds are allocated over several funding cycles and the County requires a separate agreement for each project for each funding cycle; and WHEREAS, this resolution authorizes the City Manager to accept the GOB funds for the first cycle of the project in the total amount of $7,000,000, and authorizes the City Manager to execute any required documentation related to the receipt and administration of said funds; and WHEREAS, said funds will be appropriated by a separate Resolution; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The funds received from the GOB, in the total amount of $7,000,000, for the Orange Bowl Redevelopment A/E Services and Construction Project, are accepted. Section 3. The City Manager is authorized {1} to execute the Project Agreement, in substantially the attached form, for said purposes and any required documentation related to the receipt and City of Miami Page 1 of 2 Printed On: 4/3/2007 File Number: 07-00427 administration of said funds, which will be appropriated at a later date. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {2} APPROV D S TO FORM AND CORRECTNESS: JOR L - - _•� DEZ A 6 CITYA •RN=Y Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 Printed On: 4/3/2007