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HomeMy WebLinkAboutText File Report 2City of Miami Text File Report City Hall 3500 Pan American Drive Miami, FL 33133 www,miamigov,com File ID: 07-00722 Enactment #: R-07-0357 Version: 1 Type: Resolution Status: Mayor's Office for Signature Enactment Date: 6/14/07 Introduced: 5/23/07 Controlling Body: City Commission A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING FUNDS RECEIVED FROM THE MIAMI-DADE COUNTY BUILDING BETTER COMMUNITIES GENERAL OBLIGATION BOND ("GOB") IN THE TOTAL AMOUNT OF $15,500,000 FOR THE HISTORIC VIRGINIA KEY BEACH PARK MUSEUM, PROJECT B-30508 (THE "PROJECT"); AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, WITH MIAMI-DADE COUNTY FOR THE GOB FUNDING TO THE PROJECT AND TO EXECUTE ANY REQUIRED DOCUMENTATION RELATED TO THE RECEIPT AND ADMINISTRATION OF SAID FUNDS FOR SAID PROJECT PURPOSES. WHEREAS, the Department of Capital Improvements ("Department"), on behalf of the Virginia Key Beach Park Trust, has received a commitment of funds from the Miami -Dade County Building Better Communities General Obligation Bond ("GOB") for the Historic Virginia Key Beach Park Museum Project, B-30508, in the amount of $15,500,000, also known as Virginia Key Beach Park/Miami-Dade County GOB Project No. 291-70542 (the "Project"); and WHEREAS, Resolution 06-0321, adopted by the Miami City Commission on May 25, 2006, authorize the City Manager to execute various project agreements with Miami -Dade County to receive funds en a reimbursement basis in various amounts for capital improvement projects funded by the GOB; and WHEREAS, the Department requests the City Commission to accept the GOB funds for the Project from Miami -Dade County and to authorize the City Manager to execute the Agreement, in substantially the attached form, with Miami -Dade County for the Project in the amount of $15,500,000, which will be appropriated at a later date; and WHEREAS, The Virginia Key Beach Park Trust will be acknowledging the Agreement for the GOB funding to the Project; 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 Miami -Dade County Building Better Communities General Obligation Bond ("GOB") in the total amount of $15,500,000 for the Historic Virginia Key Beach Park Museum, Project B-30508 are accepted. Section 3. The City Manager is authorized{ 1 } to execute the Agreement, in substantially the attached form, with Miami -Dade County for the GOB funding to the Project and to execute any required documentation related to the receipt and City of Miami Pale 1 Printed on 6/18/2007 Section 4, This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {2) City of Miami Page 2 Printed an 6/18/2007