HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: 0 7 — Q 0 LI
Date: 3/9/2007
Commission Meeting Date: 4/12/2007
Requesting Department: CIT
District Impacted: 1
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other
Subject: Resolution accepting funds received from Miami -Dade County Building Better Communities
General Obligation Bond ("GOB") for capital project Grcipeland Heights Park, B-35828 and B-30105.
Purpose of Item:
To authorize the City Manager to accept funds for the second cycle from the GOB in the total amount
of $9,991,000 for the capital improvement project Grapeland Height Park, B-35828 and B-30105,
also known as Miami -Dade County GOB Project Number 82-70586.
Background Information:
The City received a commitment of funds from the GOB for the Grapeland Heights Park capital
project in the total amount of $18,500,000 allocated over several funding cycles. On September 12,
2006, Resolution No. 06-0530, accepted funds allocated in the first cycle in the amount of $8,509,000.
This resolution accepts the funds allocated by the GOB for the second funding cycle, in the amount of
$9,991,000, and authorizes the City Manager to execute the agreement and any documentation related
to the receipt and administration of said funds. Funds will be appropriated by a separate resolution.
Budget Impact Analysis
YES Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No: _
CIP Project No: B-38528, B-30105
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal impact:..-.•.--- 9 ! 91 000
C.I.P APPROVA
CIP
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Grants
Purchasing
Chief
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Final Approvals
(SIGN AND DATE)
Budget
Risk Management
Dept. Director
City Manager
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r: Cecelia Wilson
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