HomeMy WebLinkAboutSummary FormDate: 5/8/2008
AGENDA ITEM SUMMARY FORM
FILE ID: V (017
Requesting Department: CIP
RE . 5
Commission Meeting Date: 6/12/2008 District Impacted: 5
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item D Other
Subject: Resolution accepting and appropriating funds received from Miami -Dade County Building
Better Communities General Obligation Bond ("GOB") amending the Capital Improvements projects
appropriations Resolution No. 08-0027, as amended..
Purpose of Item:
To authorize the City Manager to accept and appropriate funds for the second cycle from the GOB in
the total amount of $2,023,000 for the capital improvement project Little Haiti Park, B-30295 and B-
38500, also known as Miami -Dade County GOB Project Number 82-70585 and to amend the Capital
Improvements projects appropriations Resolution No: 08-0027, as amended to reflect the addition of
these funds.
Background Information:
The City received a commitment of funds from the GOB for the Little Haiti Park capital project in the
total amount of $7,300,000 allocated over two funding cycles. On September 12, 2006, Resolution
No. 06-0530, accepted funds allocated in the first cycle in the amount of $5,277,000. This resolution
accepts the funds allocated by the GOB for the second funding cycle, in the amount of $2,023,000,
and authorizes the City Manager to execute the agreement and any documentation related to the
receipt and administration of said funds. This items amends the Capital Improvements projects
appropriations Resolution No. 08-0027, as amended, to reflect the funds indicated above.
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-30295, B-38500
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal ��I'eem (� ,J2^�,7"`
act� • 023 000
c.i.9". f'�7ti
CIP
Ifusing orrec
Grants n/a Risk Management 1 n/a
Purchasing ept. Director
Chief
n/a
n/a
Final Approvals
(SIGN AND DATE)
Budget
Program Manager: Mike Tyler