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HomeMy WebLinkAboutExhibitVirginia Key Beach Park Trust David Shorter Executive Director Memo ' roc The Honorable Manuel Diaz and members of the City of Miami Commission Frame David Shorter, Executive Director CC: Board of Trustees, Virginia Key Beach Park Trust, Pete Hemandez, City Manager, Michael Boudreaux, Interim Director of Strategic Planning, Budgeting and Performance, Ola Aluko, Director of CIP Dates September 18, 2007 Re Fiscal Year 2008 Operating and Capital Improvement Budget Recommendation The Board of Trustees of Virginia Key Beach Park Trust, (the 'Trust") request that the City Commission approve the attached resolution requesting General Operation Funds for the Fiscal Year2008 in the amount of $ 1,316,156. Budget Summary The $1,316,156 requested from the General Fund for FY 2008 is $364,799 lower than the $1,680,955 allocated in FY 2007. Assumptions made in the development of the FY 2008 budget are: • Operating grants and contributions are estimated at $70,000 • Event Revenues are estimated at $20,000 • Full -Time Staff may increase from 15 to 19 by the end of the FY 2008 primarily for the operation of the Museum. • Planned Park opening date of February 2008 • Permanent Part -Time staff may be 2 by the end of the FY 2008 as s result of the park opening plus 3 Temporary Part Time for six months of the FY. • City of Miami Park Department partnered with the Virginia Key Beach Park Trust will incorporate the Park's Ground keeping cost into it's FY 2008 budget The following are Significant Accomplishments in FY 2007 1. The Historic Circulation Road Paving aid Parking Lot improvements are completed. The parking lot final build out includes spaces for 450 vehicles and 8 busses. 2. Contractual agreement with BEA/Huff Gooden Architects to design a 30,000 SF museum for the Historic Part 3. Installation of the five flag poles placed infront of the concession building. 4. The Historic Virginia Key Beach Park Exdtic removal Request for Proposal and selection of the firm, Native Technologies to remove exotics from the site. 5. A $260,000 grant from the Children's Trust to purchase Boundless Playground equipment and the installation of the equijxnent on the Park. 6. Agreement with the YMCA to hold Marine Biology camp on the Park funded through the Children's Trust and subsequent camp on the Park June 2007 — July 2007. 7. Final proposal for Removal of exotic vegdtation negotiated below market price.• 8. Hiring of a Museum Director to conduct ;museum building construction component and take lead on exhibit 'design vision and installation of the program. The Following is a cameo of the Objectives for FY 2008. 1. Open the Park as a family park and beach facility in February 2008 2. Re -Paint the historic buildings 3. Clearly identify the public swimming areas as well as the "no -swim" zone 4. Planning, development and installation of'a comprehensive water service supply network 5. Boundless Playground area installed 6. Develop a conceptual Environmental Resource Permit 7. Install picnic benches and BBQ grills in shaded areas 8. Research and commence the Museum Exhibit Design Process 9. Through a bid process lease the concession stand and ensure it is operational for park opening 10. Installation and painting of the historic Mimi -Train and Historic Carousel 11. Installation of the "No Boating Zone" 12. Acquisition or conveyance of the entry way small parcels of land at the entry and along the shoreline of the Park 13. Acquire funding for the Entry Way road into the Park The attached budget provides detailed information regarding the General Funds needed for our FY '08 budget. It should be noted further chat there are numerous capital improvement • Page 2 projects that are slated to be funded through the issuance of Homeland defense Bonds and General Obligation Bonds. Without this funding these projects could be delayed. Attachments included • Page 3